| soxl latest price $59.9200 (-0.02%) ($58.0200 - $59.9500) on Thu. Dec. 29, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 56 |
Latest Price | $59.9200(-0.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 0.1% a day on average for past five trading days. |
Weekly Trend | soxl advances 3% 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%) IVW(81%) IWF(81%) SMH(80%) SPY(78%) |
Factors Impacting soxl price | soxl will decline at least -1.91% in a week (0% probabilities). VIXM(-18%) UUP(-16%) TLT(-13%) IGOV(-5%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.91% (StdDev 3.82%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|