| SOXL latest price $28.5000 (-0.87%) ($28.2350 - $30.8500) on Wed. Apr. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.32% (three month average) |
RSI | 27 |
Latest Price | $28.5000(-0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.7% a day on average for past five trading days. |
Weekly Trend | SOXL declines -14.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value 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(84%) |
Factors Impacting SOXL price | SOXL will decline at least -4.16% in a week (0% probabilities). VIXM(-32%) UUP(-24%) VXX(-8%) TBT(-7%) UNG(5%) |
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 | -4.16% (StdDev 8.32%) |
Hourly BBV | 0.5 () |
Intraday Trend | -5.3% |
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