| SOXL latest price $46.3000 (0.74%) ($45.7000 - $46.7200) on Thu. Sep. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.74% (three month average) |
RSI | 58 |
Latest Price | $46.3000(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.7% a day on average for past five trading days. |
Weekly Trend | SOXL advances 6.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(89%) IWF(87%) IVW(86%) SPY(84%) |
Factors Impacting SOXL price | SOXL will decline at least -1.87% in a week (0% probabilities). VIXM(-42%) UUP(-24%) VXX(-13%) TBT(-2%) 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 | -1.87% (StdDev 3.74%) |
Hourly BBV | -1.1 () |
Intraday Trend | -0.1% |
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