Largest Negative Opening Gaps for SOXS

How does SOXS usually behave after a large gap-down move?

Using the 12 largest gap-down moves over the last 3 years in SOXS stock, the average move was -12.8% with the single largest opening gap of -19.7% occurring on 12-May-2025. The following day, SOXS stock price averaged -4.7% losses, with up moves more frequent than down moves. The stock was up 58% of the time in that period one day after these significant gaps.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +34.6% on 8-Apr-2025, while the biggest drop from the open to the low was -8.6% on 25-May-2023. On average, the SOXS stock price gain from the opening price to the highest point of the day was +7.1%, and the average drop to the lowest point was -4.2%.

Day Drift Open-to-Close

The best performance in SOXS stock price from opening price to closing price (referred to as the "drift" for the day) was on 8-Apr-2025 for a +26.2% gain after the stock gapped down -12.0% at the open. The worst worst return from the opening price to the closing price was on 25-May-2023 when the stock lost -7.3% after the stock gapped down -13.4%. Overall in the 12 available observations, the stock drifted higher 50% of the time for an average gain of +1.2%.