| SOXL latest price $9.5900 (6.56%) ($8.8800 - $9.6900) on Mon. Nov. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.64% (three month average) |
RSI | 68 |
Latest Price | $9.5900(6.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.6% a day on average for past five trading days. |
Weekly Trend | SOXL advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(91%) QQQ(87%) IWF(84%) IVW(82%) SPY(81%) |
Factors Impacting SOXL price | SOXL will decline at least -3.82% in a week (0% probabilities). UUP(-13%) TBT(-10%) VXX(-5%) VIXM(-3%) 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 | -3.82% (StdDev 7.64%) |
Hourly BBV | 1.8 () |
Intraday Trend | 3.3% |
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