| SOXL latest price $59.9300 (-5.81%) ($59.8400 - $64.9200) on Wed. Dec. 28, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.84% (three month average) |
| RSI | 60 |
| Latest Price | $59.9300(-5.81%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 3.2% a week on average for past two weeks. |
| Market Behavior | Broad based 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(80%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -1.92% in a week (0% probabilities).
VIXM(-18%) UUP(-16%) 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 | -1.92% (StdDev 3.84%) |
| Hourly BBV | 0 () |
| Intraday Trend | -7.6% |
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