| SOXL latest price $16.4200 (3.92%) ($15.5700 - $16.6200) on Mon. Feb. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.74% (three month average) |
RSI | 61 |
Latest Price | $16.4200(3.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.4% a day on average for past five trading days. |
Weekly Trend | SOXL advances 6% 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(89%) XLK(86%) QQQ(83%) IWF(78%) VUG(78%) |
Factors Impacting SOXL price | SOXL will decline at least -3.37% in a week (0% probabilities). VIXM(-48%) UUP(-17%) VXX(-14%) TBT(-9%) SHY(-9%) |
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 | -3.37% (StdDev 6.74%) |
Hourly BBV | 0.2 () |
Intraday Trend | 2.7% |
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