| soxs latest price $11.3000 (5.31%) ($11.0200 - $11.4790) on Wed. Oct. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 50 |
Latest Price | $11.3000(5.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 2.1% a day on average for past five trading days. |
Weekly Trend | soxs declines -2.6% 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(51%) VIXM(45%) GLD(26%) TBT(24%) UUP(21%) |
Factors Impacting soxs price | soxs will decline at least -2.36% in a week (0% probabilities). FIVG(-91%) QQQ(-86%) XLK(-79%) SPY(-79%) IVW(-79%) |
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 | -2.36% (StdDev 4.72%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.4% |
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