| SOXL latest price $42.9300 (0.49%) ($42.4600 - $44.7700) on Mon. Sep. 19, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.5% (three month average) |
| RSI | 49 |
| Latest Price | $42.9300(0.49%) |
| 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 -2.3% a week on average for past two weeks. |
| Market Behavior | Normal 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%) IWF(81%) IVW(80%) SMH(80%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -2.25% in a week (0% probabilities).
VIXM(-18%) UUP(-15%) TLT(-13%) IGOV(-5%) BOTZ(-4%) |
| 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 | -2.25% (StdDev 4.5%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1.8% |
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