| SOXL latest price $153.4600 (-1.13%) ($152.2800 - $159.0700) on Fri. Feb. 16, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 41 |
Latest Price | $153.4600(-1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.8% a day on average for past five trading days. |
Weekly Trend | SOXL declines -6.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock 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 -2.52% in a week (0% probabilities). UUP(-18%) VIXM(-15%) TLT(-13%) VFMO(-10%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.52% (StdDev 5.04%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|