| SOXL latest price $68.1300 (-2.62%) ($67.8400 - $70.3300) on Thu. Feb. 9, 2017. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.81% (three month average) |
| RSI | 67 |
| Latest Price | $68.1300(-2.62%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 0.3% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 4.2% 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(80%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -1.905% in a week (0% probabilities).
VIXM(-18%) UUP(-16%) TLT(-13%) IGOV(-5%) SHY(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.905% (StdDev 3.81%) |
| Hourly BBV | 0 () |
| Intraday Trend | -3.1% |
| | |
| |
|