| soxl latest price $37.7500 (0.53%) ($37.3300 - $38.1700) on Mon. Aug. 1, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.46% (three month average) |
RSI | 80 |
Latest Price | $37.7500(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 1.6% a day on average for past five trading days. |
Weekly Trend | soxl advances 9.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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 -2.23% 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 | -2.23% (StdDev 4.46%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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