| soxs latest price $10.4400 (5.14%) ($9.9800 - $10.4700) on Tue. Aug. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.99% (three month average) |
RSI | 58 |
Latest Price | $10.4400(5.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 1.9% a day on average for past five trading days. |
Weekly Trend | soxs advances 9.3% 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(58%) VIXM(51%) TBT(24%) UUP(23%) GLD(4%) |
Factors Impacting soxs price | soxs will decline at least -2.995% in a week (0% probabilities). FIVG(-91%) QQQ(-88%) XLK(-85%) VUG(-82%) IVW(-82%) |
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 | -2.995% (StdDev 5.99%) |
Hourly BBV | -0.2 () |
Intraday Trend | 3.8% |
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