| SOXL latest price $41.0100 (-1.84%) ($38.5600 - $42.2300) on Mon. Feb. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.67% (three month average) |
RSI | 50 |
Latest Price | $41.0100(-1.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.7% a day on average for past five trading days. |
Weekly Trend | SOXL declines -6.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal 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 -3.835% in a week (0% probabilities). VIXM(-36%) UUP(-25%) VXX(-9%) TBT(-6%) EDOC(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 | -3.835% (StdDev 7.67%) |
Hourly BBV | 0.2 () |
Intraday Trend | 2% |
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