| SOXL latest price $165.1800 (-2.81%) ($164.5800 - $170.6300) on Thu. Aug. 30, 2018. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.37% (three month average) |
| RSI | 63 |
| Latest Price | $165.1800(-2.81%) |
| 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 5.8% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability)
QQQ(83%) IWF(82%) IVW(81%) SMH(78%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -1.685% in a week (0% probabilities).
VXX(-20%) UUP(-18%) TLT(-13%) VIXM(-12%) IGOV(-5%) |
| 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 | -1.685% (StdDev 3.37%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1.9% |
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