| SOXL latest price $228.8400 (2.14%) ($225.8200 - $229.1300) on Wed. Nov. 27, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.12% (three month average) |
| RSI | 52 |
| Latest Price | $228.8400(2.14%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 0.9% a day on average for past five trading days. |
| Weekly Trend | SOXL declines -1.6% 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%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -2.06% in a week (0% probabilities).
VIXM(-53%) VXX(-25%) UUP(-13%) TLT(-9%) 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 | -2.06% (StdDev 4.12%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.6% |
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