| SOXL latest price $27.8000 (-1.17%) ($26.9400 - $27.8000) on Mon. Dec. 28, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.15% (three month average) |
RSI | 42 |
Latest Price | $27.8000(-1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.5% a day on average for past five trading days. |
Weekly Trend | SOXL declines -0.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -2.075% 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 | -2.075% (StdDev 4.15%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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