| soxs latest price $10.9500 (6.21%) ($10.2400 - $10.9900) on Wed. Jun. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.57% (three month average) |
RSI | 48 |
Latest Price | $10.9500(6.21%) |
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 -7.2% 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(49%) UUP(24%) TBT(22%) BLOK(10%) |
Factors Impacting soxs price | soxs will decline at least -2.785% in a week (0% probabilities). FIVG(-88%) QQQ(-86%) XLK(-85%) VUG(-80%) IVW(-80%) |
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 | -2.785% (StdDev 5.57%) |
Hourly BBV | 1.3 () |
Intraday Trend | 5.4% |
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