| SOXL latest price $164.2700 (3.53%) ($159.9200 - $165.1100) on Mon. Nov. 20, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 67 |
Latest Price | $164.2700(3.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.7% a day on average for past five trading days. |
Weekly Trend | SOXL advances 2% a week on average for past two weeks. |
Market Behavior | Value 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(79%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -1.34% in a week (0% probabilities). UUP(-18%) 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 | -1.34% (StdDev 2.68%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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