| SOXL latest price $41.0800 (5.2%) ($39.8800 - $41.2300) on Thu. Jun. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.27% (three month average) |
RSI | 54 |
Latest Price | $41.0800(5.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.4% a day on average for past five trading days. |
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(93%) QQQ(88%) IWF(87%) IVW(86%) SPY(83%) |
Factors Impacting SOXL price | SOXL will decline at least -2.635% in a week (0% probabilities). VIXM(-42%) UUP(-25%) VXX(-14%) TBT(-1%) TLT(1%) |
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 | -2.635% (StdDev 5.27%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.9% |
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