| SOXL latest price $26.9400 (0.48%) ($26.1700 - $26.9600) on Mon. Mar. 21, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.21% (three month average) |
RSI | 74 |
Latest Price | $26.9400(0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.8% a day on average for past five trading days. |
Weekly Trend | SOXL advances 5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -2.605% in a week (0% probabilities). VIXM(-20%) UUP(-15%) TLT(-13%) 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 | -2.605% (StdDev 5.21%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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