| soxl latest price $159.1700 (4.3%) ($154.4000 - $159.2900) on Fri. Aug. 24, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 43 |
Latest Price | $159.1700(4.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 2.3% a day on average for past five trading days. |
Weekly Trend | soxl declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) IWF(82%) IVW(81%) SMH(78%) SPY(78%) |
Factors Impacting soxl price | soxl will decline at least -1.68% in a week (0% probabilities). VXX(-20%) UUP(-18%) TLT(-13%) VIXM(-12%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.68% (StdDev 3.36%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
| |
|
|