| soxs latest price $18.9400 (1.45%) ($18.5500 - $19.6400) on Thu. Apr. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.85% (three month average) |
RSI | 49 |
Latest Price | $18.9400(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 2.7% a day on average for past five trading days. |
Weekly Trend | soxs declines -2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) VXX(52%) VIXM(49%) UUP(17%) TBT(11%) GLD(8%) |
Factors Impacting soxs price | soxs will decline at least -2.925% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.925% (StdDev 5.85%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.4% |
| |
|
|