| SOXL latest price $44.4800 (-0.69%) ($43.1300 - $44.5000) on Fri. Apr. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.22% (three month average) |
RSI | 68 |
Latest Price | $44.4800(-0.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1% a day on average for past five trading days. |
Weekly Trend | SOXL advances 14% 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(93%) QQQ(88%) IWF(87%) IVW(86%) SPY(83%) |
Factors Impacting SOXL price | SOXL will decline at least -7.11% in a week (0% probabilities). VIXM(-44%) UUP(-25%) VXX(-15%) IGOV(-4%) TBT(-2%) |
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 | -7.11% (StdDev 14.22%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.5% |
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