| SOXL latest price $180.8400 (2.63%) ($172.1700 - $184.7100) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.35% (three month average) |
RSI | 71 |
Latest Price | $180.8400(2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 4.8% a day on average for past five trading days. |
Weekly Trend | SOXL advances 10.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(85%) QQQ(79%) IWF(78%) IVW(77%) SPY(74%) |
Factors Impacting SOXL price | SOXL will decline at least -6.675% in a week (0% probabilities). VIXM(-42%) UUP(-23%) VXX(-17%) TBT(-1%) TLT(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 | -6.675% (StdDev 13.35%) |
Hourly BBV | 0.7 () |
Intraday Trend | 3.5% |
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