| SOXL latest price $167.6800 (2.91%) ($163.5600 - $172.7500) on Thu. Oct. 10, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.2% (three month average) |
| RSI | 49 |
| Latest Price | $167.6800(2.91%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 0.2% a day on average for past five trading days. |
| Weekly Trend | SOXL declines -2.4% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Value stock 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%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -2.6% 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 | -2.6% (StdDev 5.2%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.2% |
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