| SOXL latest price $161.4100 (5.18%) ($151.3400 - $165.7900) on Tue. Feb. 20, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 47 |
Latest Price | $161.4100(5.18%) |
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 -2.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -2.55% in a week (0% probabilities). UUP(-18%) VIXM(-15%) TLT(-13%) IGOV(-4%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.55% (StdDev 5.1%) |
Hourly BBV | 0 () |
Intraday Trend | 6.5% |
| |
|
|