| SOXL latest price $44.4300 (3.66%) ($42.6300 - $44.4800) on Tue. Oct. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 61 |
Latest Price | $44.4300(3.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 3.7% a day on average for past five trading days. |
Weekly Trend | SOXL advances 3.4% 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(89%) IVW(87%) IWF(87%) SPY(84%) |
Factors Impacting SOXL price | SOXL will decline at least -1.955% in a week (0% probabilities). VIXM(-41%) UUP(-24%) VXX(-13%) 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 | -1.955% (StdDev 3.91%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.1% |
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