| soxs latest price $10.0200 (6.94%) ($9.9400 - $10.3800) on Thu. Sep. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 38 |
Latest Price | $10.0200(6.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 1.3% a day on average for past five trading days. |
Weekly Trend | soxs declines -6.1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(52%) TBT(26%) UUP(21%) GLD(12%) |
Factors Impacting soxs price | soxs will decline at least -2.52% in a week (0% probabilities). FIVG(-91%) QQQ(-86%) XLK(-83%) BOTZ(-81%) SPY(-80%) |
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 | 1 () |
Intraday Trend | 0.1% |
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