| SOXL latest price $111.8100 (1.51%) ($107.5000 - $111.8300) on Mon. Feb. 4, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.91% (three month average) |
| RSI | 67 |
| Latest Price | $111.8100(1.51%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 1.8% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 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%) SPY(78%) SMH(77%) |
| Factors Impacting SOXL price | SOXL will decline at least -3.455% in a week (0% probabilities).
UUP(-20%) VXX(-19%) TLT(-12%) VIXM(-8%) XHB(-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 | -3.455% (StdDev 6.91%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.3% |
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