| SOXL latest price $160.0700 (5.64%) ($154.0000 - $161.0600) on Tue. Apr. 17, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.02% (three month average) |
RSI | 53 |
Latest Price | $160.0700(5.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.9% a day on average for past five trading days. |
Weekly Trend | SOXL advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based 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%) IVW(81%) IWF(81%) SMH(79%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -3.01% in a week (0% probabilities). UUP(-18%) VIXM(-13%) TLT(-13%) DRIV(-7%) IGOV(-4%) |
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 | -3.01% (StdDev 6.02%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
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