| SOXL latest price $9.5100 (11.62%) ($8.4900 - $9.5600) on Fri. Oct. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.34% (three month average) |
RSI | 58 |
Latest Price | $9.5100(11.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.2% a day on average for past five trading days. |
Weekly Trend | SOXL advances 9.5% a week on average for past two weeks. |
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(91%) QQQ(87%) IWF(84%) IVW(81%) SPY(81%) |
Factors Impacting SOXL price | SOXL will decline at least -3.67% in a week (0% probabilities). UUP(-14%) TBT(-9%) VXX(-5%) VIXM(-4%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -3.67% (StdDev 7.34%) |
Hourly BBV | 1.4 () |
Intraday Trend | 11% |
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