| soxl latest price $30.7700 (-0.26%) ($30.5200 - $31.0400) on Wed. Jun. 8, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 91 |
Latest Price | $30.7700(-0.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 0.5% a day on average for past five trading days. |
Weekly Trend | soxl advances 9.4% 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 -1.63% 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 | -1.63% (StdDev 3.26%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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