| SOXL latest price $113.8800 (1.04%) ($111.5700 - $115.0700) on Tue. Sep. 19, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 78 |
Latest Price | $113.8800(1.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.4% 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 | 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 -1.75% in a week (0% probabilities). UUP(-17%) VIXM(-16%) 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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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