| soxs latest price $12.5600 (1.54%) ($11.9200 - $12.9880) on Mon. Oct. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.56% (three month average) |
RSI | 55 |
Latest Price | $12.5600(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 3.7% a day on average for past five trading days. |
Weekly Trend | soxs advances 3.3% a week on average for past two weeks. |
Market Behavior | Value stocks 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(46%) VIXM(39%) TBT(33%) UUP(21%) GLD(16%) |
Factors Impacting soxs price | soxs will decline at least -2.28% in a week (0% probabilities). FIVG(-91%) QQQ(-86%) SPY(-81%) IVW(-80%) DRIV(-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 | -2.28% (StdDev 4.56%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.2% |
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