| SOXS latest price $10.9900 (8.81%) ($10.3020 - $11.1500) on Fri. Sep. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.95% (three month average) |
RSI | 50 |
Latest Price | $10.9900(8.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(52%) TBT(26%) UUP(20%) GLD(15%) |
Factors Impacting SOXS price | SOXS will decline at least -2.475% 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 | -2.475% (StdDev 4.95%) |
Hourly BBV | 1.8 () |
Intraday Trend | 6.5% |
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