| SOXL latest price $35.5700 (6.43%) ($33.1800 - $35.6300) on Mon. Mar. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.09% (three month average) |
RSI | 30 |
Latest Price | $35.5700(6.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 5.1% a day on average for past five trading days. |
Weekly Trend | SOXL declines -89.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(93%) QQQ(88%) IWF(87%) IVW(86%) SPY(83%) |
Factors Impacting SOXL price | SOXL will decline at least -7.045% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-15%) IGOV(-4%) TBT(-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 | -7.045% (StdDev 14.09%) |
Hourly BBV | 1.5 () |
Intraday Trend | 5.2% |
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