| SOXL latest price $23.3100 (1.7%) ($22.6700 - $23.3200) on Wed. Mar. 2, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.3% (three month average) |
| RSI | 84 |
| Latest Price | $23.3100(1.7%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 3% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 13.1% a week on average for past two weeks. |
| Market Behavior | Value stock 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%) IWF(81%) IVW(80%) SMH(80%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -2.65% in a week (0% probabilities).
VIXM(-20%) UUP(-15%) TLT(-14%) IPO(-6%) 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 | -2.65% (StdDev 5.3%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.5% |
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