| SOXL latest price $252.3000 (-1.65%) ($249.0100 - $264.1800) on Fri. Dec. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 67 |
Latest Price | $252.3000(-1.65%) |
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 4% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -2.055% 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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 0.7 () |
Intraday Trend | -1.4% |
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