| SOXL latest price $27.1500 (5.56%) ($26.1700 - $27.1600) on Mon. Dec. 21, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.37% (three month average) |
RSI | 40 |
Latest Price | $27.1500(5.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.8% a day on average for past five trading days. |
Weekly Trend | SOXL declines -4.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) QQQ(83%) IVW(81%) IWF(81%) SMH(81%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -2.185% in a week (0% probabilities). VIXM(-22%) UUP(-14%) TLT(-14%) SHY(-5%) IGOV(-5%) |
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 | -2.185% (StdDev 4.37%) |
Hourly BBV | 0 () |
Intraday Trend | 3% |
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