| SOXL latest price $173.7000 (-0.92%) ($173.5900 - $182.5500) on Tue. Feb. 27, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 61 |
Latest Price | $173.7000(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.5% a day on average for past five trading days. |
Weekly Trend | SOXL advances 9.6% a week on average for past two weeks. |
Market Behavior | Broad based 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 -2.575% 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 | -2.575% (StdDev 5.15%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
| |
|
|