| SOXL latest price $13.0600 (0.85%) ($12.6700 - $13.4300) on Tue. Jan. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.67% (three month average) |
RSI | 71 |
Latest Price | $13.0600(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.4% a day on average for past five trading days. |
Weekly Trend | SOXL advances 16.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(89%) XLK(86%) QQQ(84%) IWF(79%) VUG(79%) |
Factors Impacting SOXL price | SOXL will decline at least -3.835% in a week (0% probabilities). VIXM(-47%) UUP(-19%) VXX(-14%) TBT(-9%) SHY(-7%) |
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 | -3.835% (StdDev 7.67%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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