| SOXL latest price $268.9100 (6.21%) ($260.1100 - $271.1800) on Thu. Oct. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.19% (three month average) |
RSI | 69 |
Latest Price | $268.9100(6.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 3.9% a day on average for past five trading days. |
Weekly Trend | SOXL advances 4.1% a week on average for past two weeks. |
Market Behavior | Growth 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(84%) QQQ(79%) IWF(78%) IVW(77%) SPY(74%) |
Factors Impacting SOXL price | SOXL will decline at least -2.595% in a week (0% probabilities). VIXM(-41%) UUP(-22%) VXX(-16%) IGOV(-7%) EDOC(-6%) |
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 | -2.595% (StdDev 5.19%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.3% |
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