| SOXL latest price $41.5500 (1.99%) ($39.9500 - $41.6100) on Fri. Jul. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.69% (three month average) |
RSI | 46 |
Latest Price | $41.5500(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.4% a day on average for past five trading days. |
Weekly Trend | SOXL declines -2.3% 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(84%) |
Factors Impacting SOXL price | SOXL will decline at least -2.345% in a week (0% probabilities). VIXM(-42%) UUP(-25%) VXX(-14%) TBT(-2%) IGOV(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 | -2.345% (StdDev 4.69%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.6% |
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