| SOXL latest price $101.5100 (0.86%) ($98.2400 - $101.9300) on Thu. Jul. 20, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 75 |
Latest Price | $101.5100(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.4% a day on average for past five trading days. |
Weekly Trend | SOXL advances 10.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) QQQ(83%) IWF(82%) IVW(81%) SMH(79%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -2% in a week (0% probabilities). VIXM(-17%) UUP(-17%) TLT(-13%) IGOV(-5%) 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 | -2% (StdDev 4%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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