| SOXL latest price $38.4800 (1.88%) ($37.9100 - $38.7800) on Mon. Jun. 22, 2015. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.71% (three month average) |
| RSI | 40 |
| Latest Price | $38.4800(1.88%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 1.3% a day on average for past five trading days. |
| Weekly Trend | SOXL declines -1.1% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability)
QQQ(82%) SMH(81%) SPY(78%) XLK(78%) IWM(72%) |
| Factors Impacting SOXL price | SOXL will decline at least -1.855% in a week (0% probabilities).
VIXM(-24%) TLT(-15%) UUP(-12%) IGOV(-7%) SHY(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.855% (StdDev 3.71%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.1% |
| | |
| |
|