| soxs latest price $10.8900 (-0.91%) ($10.7600 - $11.3300) on Mon. Sep. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.94% (three month average) |
RSI | 55 |
Latest Price | $10.8900(-0.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 1.3% a day on average for past five trading days. |
Weekly Trend | soxs advances 5.5% a week on average for past two weeks. |
Market Behavior | Normal 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(59%) VIXM(53%) TBT(27%) UUP(20%) GLD(16%) |
Factors Impacting soxs price | soxs will decline at least -2.47% in a week (0% probabilities). FIVG(-91%) QQQ(-87%) XLK(-82%) IVW(-82%) SPY(-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 | -2.47% (StdDev 4.94%) |
Hourly BBV | 0.9 () |
Intraday Trend | -3.5% |
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