| SOXL latest price $473.4300 (1.31%) ($460.3200 - $475.9900) on Mon. Dec. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.37% (three month average) |
RSI | 80 |
Latest Price | $473.4300(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 3.1% a day on average for past five trading days. |
Weekly Trend | SOXL advances 11.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock 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 -2.685% in a week (0% probabilities). VIXM(-41%) UUP(-22%) VXX(-15%) TBT(-3%) IGOV(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 | -2.685% (StdDev 5.37%) |
Hourly BBV | 1 () |
Intraday Trend | -0.5% |
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