| SOXL latest price $90.0700 (-3.92%) ($85.6100 - $105.2000) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.89% (three month average) |
RSI | 39 |
Latest Price | $90.0700(-3.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 6.9% a day on average for past five trading days. |
Weekly Trend | SOXL declines -35.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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 -5.945% 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 | -5.945% (StdDev 11.89%) |
Hourly BBV | 1 () |
Intraday Trend | -5.6% |
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