| SOXL latest price $30.2900 (-0.92%) ($29.4600 - $30.7100) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.62% (three month average) |
RSI | 79 |
Latest Price | $30.2900(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.9% a day on average for past five trading days. |
Weekly Trend | SOXL advances 14.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(95%) TAN(92%) IYT(91%) XLI(90%) EEM(88%) |
Factors Impacting SOXL price | SOXL will decline at least -2.31% in a week (0% probabilities). VIXM(-59%) VXX(-53%) SHY(-10%) UUP(-9%) BLOK(-9%) |
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 | -2.31% (StdDev 4.62%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.9% |
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