| SOXL latest price $35.5200 (-0.75%) ($34.2850 - $35.7800) on Tue. Mar. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.28% (three month average) |
RSI | 62 |
Latest Price | $35.5200(-0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.9% a day on average for past five trading days. |
Weekly Trend | SOXL advances 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(93%) QQQ(88%) IWF(87%) IVW(86%) SPY(83%) |
Factors Impacting SOXL price | SOXL will decline at least -7.14% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-15%) TBT(-2%) TLT(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 | -7.14% (StdDev 14.28%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.1% |
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