| soxs latest price $21.7600 (-1.76%) ($21.1200 - $22.1400) on Wed. Apr. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.48% (three month average) |
RSI | 70 |
Latest Price | $21.7600(-1.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 2.4% a day on average for past five trading days. |
Weekly Trend | soxs advances 5.6% 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) VXX(53%) VIXM(49%) UUP(20%) TBT(13%) GLD(6%) |
Factors Impacting soxs price | soxs will decline at least -2.74% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.74% (StdDev 5.48%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.6% |
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