| SOXS latest price $11.4300 (1.42%) ($11.1400 - $11.7700) on Thu. Oct. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 57 |
Latest Price | $11.4300(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.2% a day on average for past five trading days. |
Weekly Trend | SOXS declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(56%) VIXM(52%) TBT(26%) UUP(21%) GLD(20%) |
Factors Impacting SOXS price | SOXS will decline at least -2.375% in a week (0% probabilities). FIVG(-91%) QQQ(-87%) XLK(-80%) BOTZ(-80%) VT(-79%) |
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 | -2.375% (StdDev 4.75%) |
Hourly BBV | -1 () |
Intraday Trend | 1.2% |
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