| soxs latest price $9.0100 (-3.33%) ($8.9900 - $9.2900) on Mon. Aug. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 57 |
Latest Price | $9.0100(-3.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 1.7% a day on average for past five trading days. |
Weekly Trend | soxs declines -1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) VXX(61%) VIXM(54%) TBT(25%) UUP(23%) GLD(2%) |
Factors Impacting soxs price | soxs will decline at least -2.9% in a week (0% probabilities). FIVG(-91%) QQQ(-89%) XLK(-86%) BOTZ(-83%) VUG(-82%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.9% (StdDev 5.8%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.1% |
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