| soxs latest price $605.5200 (0.66%) ($585.6000 - $621.7200) on Thu. Aug. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.58% (three month average) |
RSI | 70 |
Latest Price | $605.5200(0.66%) |
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 8.6% 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) VIXM(14%) VXX(8%) TLT(5%) UUP(5%) IFRA(4%) |
Factors Impacting soxs price | soxs will decline at least -2.79% in a week (0% probabilities). FIVG(-23%) EWJ(-21%) SPY(-20%) SMH(-20%) QQQ(-20%) |
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 | -2.79% (StdDev 5.58%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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