| SOXS latest price $9.9900 (-6.11%) ($9.9600 - $10.6000) on Mon. Jul. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 52 |
Latest Price | $9.9900(-6.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.2% a day on average for past five trading days. |
Weekly Trend | SOXS declines -2.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(55%) VIXM(51%) TBT(25%) UUP(24%) GLD(-1%) |
Factors Impacting SOXS price | SOXS will decline at least -2.75% in a week (0% probabilities). SMH(-99%) FIVG(-88%) QQQ(-86%) XLK(-85%) BOTZ(-81%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.75% (StdDev 5.5%) |
Hourly BBV | -1.5 () |
Intraday Trend | -5.7% |
| |
|
|