| SOXL latest price $294.7900 (0.06%) ($284.2000 - $295.8500) on Thu. Feb. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 50 |
Latest Price | $294.7900(0.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.6% a day on average for past five trading days. |
Weekly Trend | SOXL declines -5.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off 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 -2.005% in a week (0% probabilities). VIXM(-53%) VXX(-24%) UUP(-13%) TLT(-9%) SHY(-1%) |
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 | -2.005% (StdDev 4.01%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.2% |
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