| soxl latest price $25.6100 (-5.04%) ($25.1100 - $26.4200) on Tue. Jul. 5, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 44 |
Latest Price | $25.6100(-5.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 1.9% a day on average for past five trading days. |
Weekly Trend | soxl declines -4.3% a week on average for past two weeks. |
Market Behavior | Value stocks 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 -2.24% in a week (0% probabilities). VIXM(-19%) UUP(-15%) TLT(-13%) IPO(-7%) 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 | -2.24% (StdDev 4.48%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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