| SOXL latest price $22.0200 (-0.63%) ($21.5300 - $22.8900) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.67% (three month average) |
RSI | 79 |
Latest Price | $22.0200(-0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXL advances 2.7% a day on average for past five trading days. |
Weekly Trend | SOXL advances 20.3% 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) SMH(99%) FIVG(89%) XLK(86%) QQQ(85%) VUG(79%) |
Factors Impacting SOXL price | SOXL will decline at least -2.835% in a week (0% probabilities). VXX(-50%) VIXM(-46%) UUP(-21%) TBT(-20%) BLOK(-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 | -2.835% (StdDev 5.67%) |
Hourly BBV | 0.4 () |
Intraday Trend | -3% |
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