| soxs latest price $19.3500 (0.26%) ($18.5100 - $19.9700) on Thu. Apr. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.65% (three month average) |
RSI | 71 |
Latest Price | $19.3500(0.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 0.6% a day on average for past five trading days. |
Weekly Trend | soxs advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) VXX(53%) VIXM(49%) UUP(19%) TBT(13%) EDOC(12%) |
Factors Impacting soxs price | soxs will decline at least -2.825% in a week (0% probabilities). FIVG(-88%) XLK(-85%) QQQ(-83%) VUG(-78%) IWF(-78%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.825% (StdDev 5.65%) |
Hourly BBV | 1.3 () |
Intraday Trend | -2.9% |
| |
|
|