| SOXL latest price $13.0300 (-3.48%) ($12.3000 - $13.1300) on Fri. Dec. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.43% (three month average) |
RSI | 51 |
Latest Price | $13.0300(-3.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.2% a day on average for past five trading days. |
Weekly Trend | SOXL declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally 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 -4.215% in a week (0% probabilities). TBT(-7%) VXX(-4%) UNG(-3%) VIXM(-1%) SHY(-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 | -4.215% (StdDev 8.43%) |
Hourly BBV | 0.2 () |
Intraday Trend | 4.3% |
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