| SOXS latest price $10.2900 (-1.63%) ($10.0000 - $10.5400) on Wed. Sep. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.86% (three month average) |
RSI | 55 |
Latest Price | $10.2900(-1.63%) |
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 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off 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 -2.43% 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 | -2.43% (StdDev 4.86%) |
Hourly BBV | 0.6 () |
Intraday Trend | -2% |
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