| SOXL latest price $13.5000 (-2.32%) ($12.9400 - $14.1300) on Thu. Dec. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.43% (three month average) |
RSI | 59 |
Latest Price | $13.5000(-2.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | SOXL declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(90%) QQQ(86%) IWF(82%) IVW(79%) SPY(78%) |
Factors Impacting SOXL price | SOXL will decline at least -4.215% in a week (0% probabilities). EDOC(-12%) TBT(-7%) VXX(-5%) UNG(-2%) VIXM(-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 | -4.215% (StdDev 8.43%) |
Hourly BBV | 1.3 () |
Intraday Trend | -4% |
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