| SOXL latest price $189.6900 (-5.44%) ($184.5200 - $198.9400) on Thu. Apr. 25, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.09% (three month average) |
RSI | 73 |
Latest Price | $189.6900(-5.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.1% a day on average for past five trading days. |
Weekly Trend | SOXL advances 9.6% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based 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 -2.045% in a week (0% probabilities). UUP(-20%) VXX(-19%) TLT(-11%) VIXM(-7%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.045% (StdDev 4.09%) |
Hourly BBV | 0 () |
Intraday Trend | -4.6% |
| |
|
|