| SOXS latest price $10.1300 (1.5%) ($9.4200 - $10.3300) on Thu. Aug. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.86% (three month average) |
RSI | 55 |
Latest Price | $10.1300(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.8% a day on average for past five trading days. |
Weekly Trend | SOXS advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(61%) VIXM(54%) TBT(25%) UUP(23%) GLD(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.93% in a week (0% probabilities). FIVG(-91%) QQQ(-88%) XLK(-86%) BOTZ(-83%) VUG(-82%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.93% (StdDev 5.86%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4% |
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