| soxs latest price $10.3300 (-3.64%) ($10.2400 - $10.6700) on Mon. Aug. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 59 |
Latest Price | $10.3300(-3.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 0.1% a day on average for past five trading days. |
Weekly Trend | soxs advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) VXX(60%) VIXM(53%) TBT(25%) UUP(23%) GLD(9%) |
Factors Impacting soxs price | soxs will decline at least -2.52% in a week (0% probabilities). FIVG(-91%) QQQ(-88%) XLK(-84%) BOTZ(-82%) VUG(-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 | -2.52% (StdDev 5.04%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.9% |
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