| SOXL latest price $99.9900 (2.98%) ($96.7300 - $100.4500) on Fri. Jun. 2, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.11% (three month average) |
RSI | 67 |
Latest Price | $99.9900(2.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.3% a day on average for past five trading days. |
Weekly Trend | SOXL advances 5.6% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) IWF(82%) IVW(81%) SMH(80%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -1.555% in a week (0% probabilities). VIXM(-17%) UUP(-17%) TLT(-13%) IGOV(-4%) SHY(-3%) |
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 | -1.555% (StdDev 3.11%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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