| SOXL latest price $206.5900 (-1%) ($197.0000 - $213.1600) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.85% (three month average) |
RSI | 65 |
Latest Price | $206.5900(-1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.4% a day on average for past five trading days. |
Weekly Trend | SOXL advances 7.9% 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(84%) QQQ(79%) IWF(78%) IVW(77%) SPY(74%) |
Factors Impacting SOXL price | SOXL will decline at least -3.425% in a week (0% probabilities). VIXM(-41%) UUP(-23%) VXX(-16%) IYT(-3%) TBT(-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 | -3.425% (StdDev 6.85%) |
Hourly BBV | -0.1 () |
Intraday Trend | -3% |
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