| SOXL latest price $48.1100 (4.66%) ($46.8900 - $48.9900) on Fri. Sep. 30, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.43% (three month average) |
| RSI | 73 |
| Latest Price | $48.1100(4.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 2.3% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 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%) IWF(81%) IVW(80%) SMH(80%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -1.715% in a week (0% probabilities).
VIXM(-18%) UUP(-15%) TLT(-13%) IGOV(-5%) SHY(-4%) |
| 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 | -1.715% (StdDev 3.43%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.4% |
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