| SOXL latest price $28.8100 (3.63%) ($28.0100 - $29.1300) on Tue. Dec. 29, 2015. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.17% (three month average) |
| RSI | 49 |
| Latest Price | $28.8100(3.63%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 1.2% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 1.1% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability)
QQQ(83%) IVW(81%) IWF(81%) SMH(81%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -2.085% in a week (0% probabilities).
VIXM(-22%) UUP(-14%) TLT(-14%) SHY(-5%) IGOV(-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 | -2.085% (StdDev 4.17%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.6% |
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