| SOXL latest price $46.5900 (2.28%) ($46.5100 - $48.6300) on Fri. Sep. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 75 |
Latest Price | $46.5900(2.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.1% a day on average for past five trading days. |
Weekly Trend | SOXL advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -1.81% in a week (0% probabilities). VIXM(-42%) UUP(-24%) VXX(-13%) TBT(-2%) 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 | -1.81% (StdDev 3.62%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.2% |
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