| SOXL latest price $35.1600 (7.82%) ($32.9400 - $35.4100) on Fri. May. 1, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.88% (three month average) |
RSI | 50 |
Latest Price | $35.1600(7.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1% a day on average for past five trading days. |
Weekly Trend | SOXL declines -1.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) QQQ(82%) SMH(81%) SPY(78%) XLK(78%) IWM(72%) |
Factors Impacting SOXL price | SOXL will decline at least -1.94% in a week (0% probabilities). VIXM(-24%) TLT(-15%) UUP(-11%) JETS(-9%) IGOV(-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 | -1.94% (StdDev 3.88%) |
Hourly BBV | 0 () |
Intraday Trend | 6.7% |
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