| soxs latest price $20.7400 (5.17%) ($20.4800 - $20.9800) on Tue. May. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 60 |
Latest Price | $20.7400(5.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 0.4% a day on average for past five trading days. |
Weekly Trend | soxs advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) VXX(52%) VIXM(48%) UUP(19%) TBT(15%) GLD(6%) |
Factors Impacting soxs price | soxs will decline at least -2.415% in a week (0% probabilities). FIVG(-89%) XLK(-86%) QQQ(-84%) VUG(-79%) 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 | -2.415% (StdDev 4.83%) |
Hourly BBV | 1 () |
Intraday Trend | 0.9% |
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