| SOXL latest price $134.3300 (-2.06%) ($133.8600 - $138.7000) on Fri. Jun. 21, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.2% (three month average) |
| RSI | 70 |
| Latest Price | $134.3300(-2.06%) |
| 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 4.5% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability)
FIVG(87%) QQQ(83%) IWF(82%) IVW(81%) IDRV(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -2.6% in a week (0% probabilities).
VXX(-26%) UUP(-12%) TLT(-11%) IFRA(-5%) 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 | -2.6% (StdDev 5.2%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.6% |
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