| SOXL latest price $126.8600 (-1.7%) ($126.6300 - $130.8900) on Thu. Mar. 14, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.94% (three month average) |
RSI | 46 |
Latest Price | $126.8600(-1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.5% a day on average for past five trading days. |
Weekly Trend | SOXL declines -1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(87%) QQQ(83%) IVW(81%) IWF(81%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -2.97% in a week (0% probabilities). UUP(-20%) VXX(-19%) TLT(-12%) VIXM(-8%) XHB(-5%) |
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 | -2.97% (StdDev 5.94%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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