| SOXL latest price $89.1800 (0.92%) ($87.6900 - $91.1500) on Fri. Aug. 18, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.76% (three month average) |
RSI | 47 |
Latest Price | $89.1800(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.2% a day on average for past five trading days. |
Market Behavior | Value stocks sell-off 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 -1.88% in a week (0% probabilities). VIXM(-17%) UUP(-17%) 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 | -1.88% (StdDev 3.76%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
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