| soxs latest price $12.3700 (4.48%) ($11.6000 - $12.4270) on Fri. Oct. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 60 |
Latest Price | $12.3700(4.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 2.5% a day on average for past five trading days. |
Weekly Trend | soxs advances 1% 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%) TBT(26%) GLD(25%) UUP(21%) |
Factors Impacting soxs price | soxs will decline at least -2.29% in a week (0% probabilities). FIVG(-91%) QQQ(-86%) XLK(-80%) SPY(-80%) IVW(-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 | -2.29% (StdDev 4.58%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.3% |
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