| SOXL latest price $14.6500 (1.03%) ($14.3100 - $15.2700) on Tue. Feb. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.6% (three month average) |
RSI | 36 |
Latest Price | $14.6500(1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 0.8% a day on average for past five trading days. |
Weekly Trend | SOXL declines -6.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(89%) XLK(85%) QQQ(83%) IWF(78%) VUG(78%) |
Factors Impacting SOXL price | SOXL will decline at least -3.3% in a week (0% probabilities). VIXM(-47%) UUP(-17%) VXX(-14%) EDOC(-11%) TBT(-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 | -3.3% (StdDev 6.6%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.7% |
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