| SOXL latest price $187.3700 (0.82%) ($186.3220 - $193.2000) on Tue. Jun. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.77% (three month average) |
RSI | 58 |
Latest Price | $187.3700(0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.7% a day on average for past five trading days. |
Weekly Trend | SOXL declines -0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(85%) QQQ(79%) IWF(78%) IVW(77%) SPY(74%) |
Factors Impacting SOXL price | SOXL will decline at least -4.885% in a week (0% probabilities). VIXM(-41%) UUP(-23%) VXX(-16%) TBT(-2%) IYT(-2%) |
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 | -4.885% (StdDev 9.77%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.1% |
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