| SOXL latest price $63.6700 (5.94%) ($60.7700 - $63.8900) on Tue. Jan. 24, 2017. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.86% (three month average) |
| RSI | 64 |
| Latest Price | $63.6700(5.94%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 2.1% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 2.7% 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%) IVW(81%) IWF(81%) SMH(80%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -1.93% 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 | -1.93% (StdDev 3.86%) |
| Hourly BBV | 0 () |
| Intraday Trend | 4.8% |
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