| SOXL latest price $93.7400 (34.11%) ($83.2100 - $93.9900) on Tue. Mar. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.98% (three month average) |
RSI | 38 |
Latest Price | $93.7400(34.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.7% a day on average for past five trading days. |
Weekly Trend | SOXL declines -39.5% 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(86%) QQQ(81%) IVW(80%) IWF(80%) IDRV(76%) |
Factors Impacting SOXL price | SOXL will decline at least -5.99% in a week (0% probabilities). VIXM(-50%) VXX(-21%) UUP(-19%) TLT(-5%) IGOV(1%) |
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 | -5.99% (StdDev 11.98%) |
Hourly BBV | 1.5 () |
Intraday Trend | 12.2% |
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