| soxs latest price $21.3000 (3.8%) ($21.1700 - $22.6200) on Wed. Mar. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.26% (three month average) |
RSI | 52 |
Latest Price | $21.3000(3.8%) |
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 -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) VIXM(45%) UUP(16%) VXX(14%) SHY(12%) GLD(8%) |
Factors Impacting soxs price | soxs will decline at least -3.13% in a week (0% probabilities). FIVG(-88%) XLK(-85%) QQQ(-82%) VUG(-77%) IWF(-77%) |
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 | -3.13% (StdDev 6.26%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.9% |
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