| soxl latest price $57.0700 (4.01%) ($55.9400 - $57.1700) on Tue. Nov. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 76 |
Latest Price | $57.0700(4.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 2.8% a day on average for past five trading days. |
Weekly Trend | soxl advances 10.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support soxl advance at 0% a week (0% probability) QQQ(83%) IVW(81%) IWF(81%) SMH(80%) SPY(78%) |
Factors Impacting soxl price | soxl will decline at least -1.77% in a week (0% probabilities). VIXM(-18%) UUP(-15%) TLT(-13%) IGOV(-5%) SHY(-4%) |
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 | -1.77% (StdDev 3.54%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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