| SOXL latest price $46.6000 (7.35%) ($42.5400 - $46.8800) on Tue. Feb. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.84% (three month average) |
RSI | 47 |
Latest Price | $46.6000(7.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | SOXL advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(94%) QQQ(90%) IWF(88%) IVW(87%) SPY(85%) |
Factors Impacting SOXL price | SOXL will decline at least -3.42% in a week (0% probabilities). VIXM(-40%) UUP(-26%) VXX(-11%) TBT(-5%) TLT(5%) |
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 | -3.42% (StdDev 6.84%) |
Hourly BBV | 1.5 () |
Intraday Trend | 9% |
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