The Stochastic Oscillator for SOXS moved into overbought territory on December 20, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SOXS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved above the 0 level on December 18, 2024. You may want to consider a long position or call options on SOXS as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SOXS just turned positive on December 20, 2024. Looking at past instances where SOXS's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
SOXS moved above its 50-day moving average on December 18, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for SOXS crossed bullishly above the 50-day moving average on November 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where SOXS advanced for three days, in of 261 cases, the price rose further within the following month. The odds of a continued upward trend are .
SOXS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 87 cases where SOXS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Category Trading