| soxs latest price $33.2300 (2.88%) ($31.4800 - $33.5400) on Fri. Dec. 9, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.55% (three month average) |
RSI | 49 |
Latest Price | $33.2300(2.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 0.9% a day on average for past five trading days. |
Weekly Trend | soxs declines -0.5% 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) TBT(6%) VXX(4%) UNG(3%) BND(1%) SHY(1%) |
Factors Impacting soxs price | soxs will decline at least -4.275% in a week (0% probabilities). FIVG(-90%) QQQ(-86%) IWF(-82%) IVW(-79%) SPY(-77%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.275% (StdDev 8.55%) |
Hourly BBV | -0.7 () |
Intraday Trend | 1.9% |
| |
|
|