| soxs latest price $39.7000 (12.5%) ($37.2100 - $41.7900) on Thu. Dec. 22, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.52% (three month average) |
RSI | 66 |
Latest Price | $39.7000(12.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 2.5% a day on average for past five trading days. |
Weekly Trend | soxs advances 6.4% 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(7%) UNG(5%) VXX(4%) BLOK(2%) BND(2%) |
Factors Impacting soxs price | soxs will decline at least -4.26% in a week (0% probabilities). FIVG(-89%) QQQ(-85%) IWF(-81%) IVW(-78%) SPY(-76%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.26% (StdDev 8.52%) |
Hourly BBV | 1 () |
Intraday Trend | 6.7% |
| |
|
|