| soxs latest price $12516.0000 (4.72%) ($12000.0000 - $12726.0000) on Tue. Aug. 2, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.47% (three month average) |
RSI | 27 |
Latest Price | $12516.0000(4.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 1.4% a day on average for past five trading days. |
Weekly Trend | soxs declines -8.5% 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) VIXM(7%) TLT(6%) XHB(3%) GDXJ(2%) DIA(1%) |
Factors Impacting soxs price | soxs will decline at least -2.235% in a week (0% probabilities). SMH(-23%) QQQ(-23%) XLK(-22%) SPY(-22%) IWO(-22%) |
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 | -2.235% (StdDev 4.47%) |
Hourly BBV | 0 () |
Intraday Trend | 4.3% |
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