| soxl latest price $32.8000 (-1.18%) ($32.5300 - $33.0900) on Tue. Jul. 19, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.51% (three month average) |
RSI | 79 |
Latest Price | $32.8000(-1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 1.1% a day on average for past five trading days. |
Weekly Trend | soxl advances 10.7% a week on average for past two weeks. |
Market Behavior | Normal 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 -2.255% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.255% (StdDev 4.51%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|