| SOXL latest price $46.1500 (-1.03%) ($45.5400 - $47.2700) on Mon. Aug. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 73 |
Latest Price | $46.1500(-1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.4% a day on average for past five trading days. |
Weekly Trend | SOXL advances 7.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(93%) QQQ(89%) IWF(87%) IVW(86%) SPY(84%) |
Factors Impacting SOXL price | SOXL will decline at least -2.26% in a week (0% probabilities). VIXM(-42%) UUP(-24%) VXX(-14%) TBT(-2%) TLT(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 | -2.26% (StdDev 4.52%) |
Hourly BBV | -1 () |
Intraday Trend | -1.6% |
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