| SOXS latest price $9.3200 (0.76%) ($8.9300 - $9.6300) on Fri. Aug. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.83% (three month average) |
RSI | 60 |
Latest Price | $9.3200(0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.2% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(57%) VIXM(52%) TBT(23%) UUP(21%) EDOC(7%) |
Factors Impacting SOXS price | SOXS will decline at least -2.915% in a week (0% probabilities). SMH(-98%) FIVG(-89%) QQQ(-87%) XLK(-85%) VUG(-81%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.915% (StdDev 5.83%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.4% |
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