| SOXL latest price $59.2200 (-2.58%) ($56.5300 - $60.3900) on Thu. Jan. 12, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.77% (three month average) |
RSI | 50 |
Latest Price | $59.2200(-2.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.1% a day on average for past five trading days. |
Weekly Trend | SOXL declines -1.1% 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(80%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -1.885% 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 | -1.885% (StdDev 3.77%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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