| SOXL latest price $17.4900 (7.7%) ($16.6250 - $18.1700) on Thu. Mar. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.06% (three month average) |
RSI | 58 |
Latest Price | $17.4900(7.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 1.3% a day on average for past five trading days. |
Weekly Trend | SOXL advances 5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXL advance at 0% a week (0% probability) FIVG(88%) XLK(85%) QQQ(82%) VUG(78%) IWF(77%) |
Factors Impacting SOXL price | SOXL will decline at least -3.03% in a week (0% probabilities). VXX(-50%) VIXM(-47%) UUP(-17%) SHY(-10%) TBT(-8%) |
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 | -3.03% (StdDev 6.06%) |
Hourly BBV | 0.3 () |
Intraday Trend | 2.9% |
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