| soxs latest price $25.4000 (7.54%) ($24.1700 - $25.5600) on Mon. Jan. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.95% (three month average) |
RSI | 32 |
Latest Price | $25.4000(7.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 1.1% a day on average for past five trading days. |
Weekly Trend | soxs declines -10.1% 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(47%) UUP(19%) VXX(14%) TBT(10%) SHY(8%) |
Factors Impacting soxs price | soxs will decline at least -3.975% in a week (0% probabilities). FIVG(-89%) XLK(-86%) QQQ(-84%) VUG(-79%) IWF(-79%) |
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 | -3.975% (StdDev 7.95%) |
Hourly BBV | 1.9 () |
Intraday Trend | 3.3% |
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