| soxs latest price $11.2700 (-1.05%) ($10.6300 - $11.2900) on Mon. Jun. 26, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 46 |
Latest Price | $11.2700(-1.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 2.2% a day on average for past five trading days. |
Weekly Trend | soxs declines -3.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) VXX(54%) VIXM(50%) UUP(24%) TBT(22%) USO(0%) |
Factors Impacting soxs price | soxs will decline at least -2.745% in a week (0% probabilities). SMH(-99%) FIVG(-88%) QQQ(-86%) XLK(-85%) BOTZ(-81%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.745% (StdDev 5.49%) |
Hourly BBV | -0.1 () |
Intraday Trend | 1% |
| |
|
|