| soxl latest price $29.9700 (-0.76%) ($29.8000 - $30.7300) on Mon. Jun. 6, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 87 |
Latest Price | $29.9700(-0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 0.7% a day on average for past five trading days. |
Weekly Trend | soxl advances 12.2% 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) QQQ(83%) IWF(81%) IVW(80%) SMH(80%) SPY(78%) |
Factors Impacting soxl price | soxl will decline at least -1.685% 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 | -1.685% (StdDev 3.37%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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