| soxs latest price $10.6400 (3.7%) ($10.6100 - $11.0600) on Thu. Jul. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 58 |
Latest Price | $10.6400(3.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 0.5% a day on average for past five trading days. |
Weekly Trend | soxs declines -0.7% 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(54%) VIXM(50%) UUP(25%) TBT(24%) GLD(-0%) |
Factors Impacting soxs price | soxs will decline at least -2.765% in a week (0% probabilities). SMH(-99%) FIVG(-88%) QQQ(-87%) XLK(-85%) BOTZ(-81%) |
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 | -2.765% (StdDev 5.53%) |
Hourly BBV | 0.9 () |
Intraday Trend | -1.7% |
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