| SOXL latest price $15.1700 (-3.25%) ($15.0400 - $16.2500) on Mon. Mar. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.24% (three month average) |
RSI | 44 |
Latest Price | $15.1700(-3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.9% a day on average for past five trading days. |
Weekly Trend | SOXL declines -4.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(88%) XLK(85%) QQQ(82%) IWF(77%) VUG(77%) |
Factors Impacting SOXL price | SOXL will decline at least -3.12% in a week (0% probabilities). VIXM(-45%) UUP(-16%) VXX(-14%) SHY(-11%) GLD(-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 | -3.12% (StdDev 6.24%) |
Hourly BBV | 0 () |
Intraday Trend | -4.1% |
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