| SOXL latest price $43.4600 (1.95%) ($40.3700 - $44.5200) on Fri. Feb. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.81% (three month average) |
RSI | 34 |
Latest Price | $43.4600(1.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.3% a day on average for past five trading days. |
Weekly Trend | SOXL declines -6.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) IWF(87%) IVW(86%) SPY(85%) |
Factors Impacting SOXL price | SOXL will decline at least -3.405% in a week (0% probabilities). VIXM(-40%) UUP(-26%) VXX(-11%) TBT(-4%) TLT(4%) |
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 | -3.405% (StdDev 6.81%) |
Hourly BBV | -0.5 () |
Intraday Trend | 3.3% |
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