| soxl latest price $37.5500 (-1.52%) ($37.1200 - $38.4300) on Fri. Jul. 29, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 82 |
Latest Price | $37.5500(-1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 1.8% a day on average for past five trading days. |
Weekly Trend | soxl advances 10.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -2.245% in a week (0% probabilities). VIXM(-19%) UUP(-15%) TLT(-12%) 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 | -2.245% (StdDev 4.49%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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