| SOXL latest price $104.2500 (2.35%) ($102.4500 - $105.2400) on Wed. Jun. 7, 2017. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.11% (three month average) |
| RSI | 96 |
| Latest Price | $104.2500(2.35%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 1.5% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 7.1% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability)
QQQ(83%) IWF(82%) IVW(81%) SMH(80%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -1.555% in a week (0% probabilities).
VIXM(-17%) UUP(-17%) TLT(-13%) IGOV(-4%) SHY(-3%) |
| 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 | -1.555% (StdDev 3.11%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.2% |
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