| SOXL latest price $44.3900 (2.16%) ($42.0720 - $44.5000) on Fri. Jul. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.63% (three month average) |
RSI | 51 |
Latest Price | $44.3900(2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.4% a day on average for past five trading days. |
Weekly Trend | SOXL advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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(84%) |
Factors Impacting SOXL price | SOXL will decline at least -2.315% in a week (0% probabilities). VIXM(-42%) UUP(-25%) VXX(-14%) 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 | -2.315% (StdDev 4.63%) |
Hourly BBV | 1.2 () |
Intraday Trend | 5.2% |
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