| soxl latest price $76.6300 (-0.39%) ($76.1700 - $77.9400) on Thu. Mar. 16, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 67 |
Latest Price | $76.6300(-0.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 1.3% a day on average for past five trading days. |
Weekly Trend | soxl advances 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock 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 -1.34% in a week (0% probabilities). VIXM(-18%) UUP(-16%) TLT(-13%) PAVE(-5%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.34% (StdDev 2.68%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
| |
|
|