| SOXL latest price $126.8000 (1.62%) ($124.4200 - $128.6600) on Fri. Feb. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.66% (three month average) |
RSI | 74 |
Latest Price | $126.8000(1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.2% a day on average for past five trading days. |
Weekly Trend | SOXL advances 8.1% 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 -3.33% 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 | -3.33% (StdDev 6.66%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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