| soxl latest price $30.2000 (0.94%) ($29.6500 - $30.8100) on Fri. Jun. 3, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 90 |
Latest Price | $30.2000(0.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 1.2% a day on average for past five trading days. |
Weekly Trend | soxl advances 13.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support soxl advance at 0% a week (0% probability) QQQ(83%) IWF(81%) IVW(80%) SMH(80%) SPY(78%) |
Factors Impacting soxl price | soxl will decline at least -1.69% in a week (0% probabilities). VIXM(-20%) UUP(-16%) TLT(-13%) IPO(-6%) IGOV(-5%) |
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 | -1.69% (StdDev 3.38%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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