| SOXL latest price $20.5100 (-1.63%) ($19.9000 - $22.0400) on Thu. May. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.82% (three month average) |
RSI | 51 |
Latest Price | $20.5100(-1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1% a day on average for past five trading days. |
Weekly Trend | SOXL declines -5.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(92%) QQQ(88%) IWF(86%) IVW(85%) SPY(83%) |
Factors Impacting SOXL price | SOXL will decline at least -4.41% in a week (0% probabilities). VIXM(-25%) UUP(-24%) VXX(-7%) TBT(-6%) 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 | -4.41% (StdDev 8.82%) |
Hourly BBV | -1 () |
Intraday Trend | -0.2% |
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