| SOXL latest price $149.2700 (8.25%) ($139.5600 - $149.2700) on Tue. Jan. 2, 2018. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.3% (three month average) |
| RSI | 63 |
| Latest Price | $149.2700(8.25%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SOXL advances 0.7% a day on average for past five trading days. |
| Weekly Trend | SOXL advances 2.6% 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(82%) IVW(81%) SMH(79%) SPY(78%) |
| Factors Impacting SOXL price | SOXL will decline at least -1.65% in a week (0% probabilities).
UUP(-18%) VIXM(-16%) TLT(-13%) SHY(-4%) IGOV(-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 | -1.65% (StdDev 3.3%) |
| Hourly BBV | 0 () |
| Intraday Trend | 6.4% |
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