| SOXL latest price $174.8100 (5.42%) ($167.0500 - $175.0000) on Fri. Oct. 4, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 45 |
Latest Price | $174.8100(5.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.2% a day on average for past five trading days. |
Weekly Trend | SOXL declines -4.1% 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) FIVG(87%) QQQ(83%) IWF(82%) IVW(81%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -2.52% in a week (0% probabilities). VIXM(-54%) VXX(-25%) UUP(-13%) TLT(-10%) IGOV(-4%) |
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 | -2.52% (StdDev 5.04%) |
Hourly BBV | 0 () |
Intraday Trend | 4.4% |
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