| SOXL latest price $18.3000 (1.95%) ($17.4300 - $18.3400) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.99% (three month average) |
RSI | 72 |
Latest Price | $18.3000(1.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.1% a day on average for past five trading days. |
Weekly Trend | SOXL advances 5.1% 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(88%) XLK(85%) QQQ(82%) IWF(77%) VUG(77%) |
Factors Impacting SOXL price | SOXL will decline at least -2.995% in a week (0% probabilities). VXX(-50%) VIXM(-46%) UUP(-16%) TBT(-12%) GLD(-6%) |
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 | -2.995% (StdDev 5.99%) |
Hourly BBV | 1 () |
Intraday Trend | 4% |
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