| soxl latest price $51.3800 (3.46%) ($49.2900 - $51.5000) on Wed. Nov. 16, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 61 |
Latest Price | $51.3800(3.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 2.4% a day on average for past five trading days. |
Weekly Trend | soxl advances 3.4% 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 -1.75% in a week (0% probabilities). VIXM(-18%) UUP(-15%) TLT(-13%) IGOV(-5%) SHY(-3%) |
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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
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