| SOXL latest price $158.9200 (2.83%) ($156.4800 - $161.0000) on Wed. Aug. 21, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.36% (three month average) |
| RSI | 49 |
| Latest Price | $158.9200(2.83%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 2.8% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 1.9% 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)
FIVG(87%) QQQ(83%) IWF(82%) IVW(81%) IDRV(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -2.68% in a week (0% probabilities).
VIXM(-54%) VXX(-25%) UUP(-12%) TLT(-11%) IFRA(-6%) |
| 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 | -2.68% (StdDev 5.36%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.4% |
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