| SOXL latest price $57.5400 (0.42%) ($56.7700 - $57.8400) on Fri. Nov. 25, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 81 |
Latest Price | $57.5400(0.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.6% a day on average for past five trading days. |
Weekly Trend | SOXL advances 12.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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(80%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -1.77% in a week (0% probabilities). VIXM(-18%) UUP(-15%) TLT(-13%) IGOV(-5%) SHY(-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 | -1.77% (StdDev 3.54%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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