| SOXL latest price $278.8700 (0.57%) ($278.0100 - $283.8100) on Mon. Dec. 23, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 91 |
Latest Price | $278.8700(0.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.5% a day on average for past five trading days. |
Weekly Trend | SOXL advances 12% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -2.015% in a week (0% probabilities). VIXM(-53%) VXX(-24%) UUP(-13%) TLT(-9%) IGOV(-3%) |
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 | -2.015% (StdDev 4.03%) |
Hourly BBV | 0.9 () |
Intraday Trend | -1.7% |
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