| SOXL latest price $536.8000 (0.08%) ($519.4400 - $569.1300) on Sat. Jan. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 71 |
Latest Price | $536.8000(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.9% a day on average for past five trading days. |
Weekly Trend | SOXL advances 6.6% 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) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting SOXL price | SOXL will decline at least -2.33% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.33% (StdDev 4.66%) |
Hourly BBV | 0 () |
Intraday Trend | -4.6% |
| |
|
|