| SOXL latest price $686.5800 (3.64%) ($645.0600 - $690.2010) on Fri. Feb. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.86% (three month average) |
RSI | 56 |
Latest Price | $686.5800(3.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 4.5% a day on average for past five trading days. |
Weekly Trend | SOXL advances 8.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(84%) QQQ(79%) IWF(78%) IVW(77%) SPY(74%) |
Factors Impacting SOXL price | SOXL will decline at least -2.43% in a week (0% probabilities). VIXM(-41%) UUP(-22%) VXX(-14%) TBT(-3%) IGOV(-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 | -2.43% (StdDev 4.86%) |
Hourly BBV | 1.1 () |
Intraday Trend | 5.3% |
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