| SOXL latest price $137.7200 (7.21%) ($124.6400 - $138.1500) on Fri. May. 4, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.04% (three month average) |
RSI | 41 |
Latest Price | $137.7200(7.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.8% a day on average for past five trading days. |
Weekly Trend | SOXL declines -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%) IVW(81%) IWF(81%) SMH(78%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -3.02% in a week (0% probabilities). UUP(-18%) VIXM(-13%) TLT(-13%) IGOV(-5%) 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 | -3.02% (StdDev 6.04%) |
Hourly BBV | 0 () |
Intraday Trend | 9.5% |
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