| soxs latest price $10.2600 (-8.39%) ($10.1900 - $11.1050) on Mon. Aug. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.97% (three month average) |
RSI | 70 |
Latest Price | $10.2600(-8.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 0.7% a day on average for past five trading days. |
Weekly Trend | soxs advances 9.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) VXX(61%) VIXM(53%) TBT(26%) UUP(22%) GLD(7%) |
Factors Impacting soxs price | soxs will decline at least -2.985% in a week (0% probabilities). FIVG(-91%) QQQ(-88%) XLK(-85%) IVW(-82%) BOTZ(-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 | -2.985% (StdDev 5.97%) |
Hourly BBV | -2.3 () |
Intraday Trend | -7% |
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