| SOXL latest price $39.1700 (6.01%) ($35.6000 - $39.6750) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.23% (three month average) |
RSI | 49 |
Latest Price | $39.1700(6.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 5.2% a day on average for past five trading days. |
Weekly Trend | SOXL declines -4.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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(85%) |
Factors Impacting SOXL price | SOXL will decline at least -4.115% in a week (0% probabilities). VIXM(-34%) UUP(-25%) VXX(-8%) TBT(-8%) UNG(4%) |
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 | -4.115% (StdDev 8.23%) |
Hourly BBV | 1.8 () |
Intraday Trend | 7% |
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