| SOXL latest price $156.1500 (0.16%) ($154.6100 - $162.2500) on Tue. Oct. 2, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.27% (three month average) |
RSI | 59 |
Latest Price | $156.1500(0.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | SOXL declines -0.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) QQQ(83%) IWF(82%) IVW(81%) SMH(78%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -1.635% in a week (0% probabilities). VXX(-20%) UUP(-18%) TLT(-13%) IFRA(-13%) VIXM(-12%) |
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 | -1.635% (StdDev 3.27%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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