| SOXL latest price $21.1300 (7.04%) ($20.0300 - $21.1300) on Wed. Sep. 2, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.77% (three month average) |
RSI | 41 |
Latest Price | $21.1300(7.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.4% a day on average for past five trading days. |
Weekly Trend | SOXL declines -6.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) QQQ(83%) IWF(81%) SMH(81%) SPY(78%) XLK(78%) |
Factors Impacting SOXL price | SOXL will decline at least -2.385% in a week (0% probabilities). VIXM(-23%) TLT(-15%) UUP(-12%) IGOV(-6%) SHY(-5%) |
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 | -2.385% (StdDev 4.77%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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