| SOXL latest price $237.2700 (6.56%) ($224.5100 - $237.7700) on Wed. Dec. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.99% (three month average) |
RSI | 58 |
Latest Price | $237.2700(6.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.4% a day on average for past five trading days. |
Weekly Trend | SOXL advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -1.995% 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 | -1.995% (StdDev 3.99%) |
Hourly BBV | 1.9 () |
Intraday Trend | 5.3% |
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