| SOXL latest price $39.6300 (-3.03%) ($37.7700 - $41.3490) on Fri. Feb. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.5% (three month average) |
RSI | 48 |
Latest Price | $39.6300(-3.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.1% a day on average for past five trading days. |
Weekly Trend | SOXL declines -3.2% 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(88%) IVW(87%) SPY(85%) |
Factors Impacting SOXL price | SOXL will decline at least -3.75% in a week (0% probabilities). VIXM(-38%) UUP(-26%) VXX(-10%) TBT(-5%) UNG(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 | -3.75% (StdDev 7.5%) |
Hourly BBV | -0.8 () |
Intraday Trend | -3.7% |
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