| SOXL latest price $190.6400 (6.56%) ($181.4500 - $191.9400) on Tue. Oct. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.27% (three month average) |
RSI | 55 |
Latest Price | $190.6400(6.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 4.2% a day on average for past five trading days. |
Weekly Trend | SOXL advances 1.8% 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 -2.635% in a week (0% probabilities). VIXM(-53%) 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 | -2.635% (StdDev 5.27%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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