| soxs latest price $11.8400 (4.78%) ($10.9100 - $11.9700) on Thu. Oct. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.74% (three month average) |
RSI | 55 |
Latest Price | $11.8400(4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 3.3% a day on average for past five trading days. |
Weekly Trend | soxs declines -0.9% 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(26%) UUP(21%) |
Factors Impacting soxs price | soxs will decline at least -2.37% in a week (0% probabilities). FIVG(-91%) QQQ(-86%) DRIV(-81%) XLK(-80%) 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 | -2.37% (StdDev 4.74%) |
Hourly BBV | 2.1 () |
Intraday Trend | 7.6% |
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