| SOXL latest price $325.9800 (7.77%) ($314.0500 - $327.1580) on Wed. Feb. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 64 |
Latest Price | $325.9800(7.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.4% a day on average for past five trading days. |
Weekly Trend | SOXL advances 9.3% 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 -2.19% in a week (0% probabilities). VIXM(-53%) VXX(-24%) UUP(-14%) TLT(-8%) 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 | -2.19% (StdDev 4.38%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.5% |
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