| SOXL latest price $130.0600 (4.04%) ($128.1600 - $133.7600) on Mon. Apr. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.61% (three month average) |
RSI | 62 |
Latest Price | $130.0600(4.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.7% a day on average for past five trading days. |
Weekly Trend | SOXL advances 3.8% a week on average for past two weeks. |
Market Behavior | Value stock 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(85%) QQQ(80%) IVW(78%) IWF(78%) SPY(75%) |
Factors Impacting SOXL price | SOXL will decline at least -6.805% in a week (0% probabilities). VIXM(-44%) UUP(-23%) VXX(-18%) TLT(-1%) TBT(0%) |
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 | -6.805% (StdDev 13.61%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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