| SOXL latest price $22.7800 (-2.69%) ($22.6900 - $23.9600) on Thu. Sep. 17, 2015. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 5.15% (three month average) |
| RSI | 55 |
| Latest Price | $22.7800(-2.69%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 0.5% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 3.4% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability)
QQQ(82%) IWF(81%) SMH(81%) SPY(78%) XLK(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -2.575% in a week (0% probabilities).
VIXM(-22%) TLT(-15%) UUP(-13%) IGOV(-6%) SHY(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.575% (StdDev 5.15%) |
| Hourly BBV | 0 () |
| Intraday Trend | -2.7% |
| | |
| |
|