| soxs latest price $13.9200 (4.11%) ($13.4100 - $14.3700) on Mon. Oct. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.64% (three month average) |
RSI | 75 |
Latest Price | $13.9200(4.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 2.1% a day on average for past five trading days. |
Weekly Trend | soxs advances 13.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) VXX(36%) TBT(30%) VIXM(27%) UUP(22%) GLD(9%) |
Factors Impacting soxs price | soxs will decline at least -2.32% in a week (0% probabilities). QQQ(-92%) FIVG(-91%) SPY(-87%) DRIV(-78%) BOTZ(-77%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.32% (StdDev 4.64%) |
Hourly BBV | 0.5 () |
Intraday Trend | 1.8% |
| |
|
|