| soxs latest price $10.6400 (0%) ($10.1500 - $10.7100) on Fri. Jul. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 60 |
Latest Price | $10.6400(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 0.7% a day on average for past five trading days. |
Weekly Trend | soxs declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) VXX(54%) VIXM(50%) TBT(25%) UUP(25%) EDOC(24%) |
Factors Impacting soxs price | soxs will decline at least -2.745% in a week (0% probabilities). QQQ(-87%) FIVG(-87%) XLK(-85%) BOTZ(-81%) VUG(-80%) |
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 () |
Intraday Trend | 0.1% |
| |
|
|