| SOXL latest price $131.0100 (-10.51%) ($130.0200 - $144.8300) on Thu. Apr. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.75% (three month average) |
RSI | 62 |
Latest Price | $131.0100(-10.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.1% a day on average for past five trading days. |
Weekly Trend | SOXL advances 6.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(85%) QQQ(79%) IVW(78%) IWF(78%) SPY(75%) |
Factors Impacting SOXL price | SOXL will decline at least -6.875% in a week (0% probabilities). VIXM(-44%) UUP(-23%) VXX(-18%) TLT(-1%) TBT(0%) |
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 | -6.875% (StdDev 13.75%) |
Hourly BBV | -0.9 () |
Intraday Trend | -9.3% |
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