| SOXL latest price $131.0600 (-2.07%) ($129.9500 - $134.2400) on Tue. Feb. 26, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.45% (three month average) |
RSI | 70 |
Latest Price | $131.0600(-2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.8% a day on average for past five trading days. |
Weekly Trend | SOXL advances 5.9% a week on average for past two weeks. |
Market Behavior | Normal 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%) IVW(81%) IWF(81%) SPY(78%) SMH(77%) |
Factors Impacting SOXL price | SOXL will decline at least -3.225% 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 | -3.225% (StdDev 6.45%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
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