| SOXL latest price $179.1100 (0.27%) ($175.7400 - $181.5300) on Fri. Jan. 19, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.58% (three month average) |
RSI | 77 |
Latest Price | $179.1100(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.5% 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 | 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 -1.79% 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 | -1.79% (StdDev 3.58%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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