| soxl latest price $29.3700 (1.03%) ($29.0200 - $29.5500) on Tue. Jun. 21, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.23% (three month average) |
RSI | 45 |
Latest Price | $29.3700(1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 0.4% a day on average for past five trading days. |
Weekly Trend | soxl declines -2.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock 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 -1.615% 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 | -1.615% (StdDev 3.23%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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