| soxs latest price $1648.8000 (8.1%) ($1549.2000 - $1650.0000) on Fri. Feb. 2, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 47 |
Latest Price | $1648.8000(8.1%) |
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 -0.8% 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) TLT(6%) VIXM(6%) XHB(4%) DIA(2%) GDXJ(2%) |
Factors Impacting soxs price | soxs will decline at least -2.015% in a week (0% probabilities). SMH(-23%) SPY(-22%) QQQ(-22%) IWO(-22%) IWF(-22%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.015% (StdDev 4.03%) |
Hourly BBV | 0 () |
Intraday Trend | 6.4% |
| |
|
|