| SOXL latest price $136.8900 (-0.65%) ($134.4300 - $140.7700) on Mon. Mar. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.98% (three month average) |
RSI | 55 |
Latest Price | $136.8900(-0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.7% a day on average for past five trading days. |
Weekly Trend | SOXL advances 1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally 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 -2.99% 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 | -2.99% (StdDev 5.98%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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