| SOXS latest price $10.4600 (2.45%) ($9.9600 - $10.5100) on Tue. Sep. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.89% (three month average) |
RSI | 49 |
Latest Price | $10.4600(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.7% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(58%) VIXM(51%) TBT(26%) UUP(20%) GLD(14%) |
Factors Impacting SOXS price | SOXS will decline at least -2.445% in a week (0% probabilities). FIVG(-91%) QQQ(-86%) XLK(-82%) BOTZ(-81%) SPY(-80%) |
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 | -2.445% (StdDev 4.89%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.1% |
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