| SOXL latest price $146.8900 (-5.2%) ($144.3600 - $151.5400) on Tue. Sep. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 48 |
Latest Price | $146.8900(-5.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.7% a day on average for past five trading days. |
Weekly Trend | SOXL advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -2.775% in a week (0% probabilities). VIXM(-54%) VXX(-25%) UUP(-13%) TLT(-10%) 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 | -2.775% (StdDev 5.55%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
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