| SOXL latest price $12.8600 (-3.45%) ($12.8000 - $13.2600) on Fri. Nov. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.37% (three month average) |
RSI | 70 |
Latest Price | $12.8600(-3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.8% a day on average for past five trading days. |
Weekly Trend | SOXL advances 10.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(90%) QQQ(86%) IWF(82%) IVW(79%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -4.185% in a week (0% probabilities). TBT(-5%) VXX(-4%) UNG(-3%) EDOC(-3%) VIXM(-1%) |
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 | -4.185% (StdDev 8.37%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
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