| soxl latest price $106.4400 (-2.57%) ($101.0800 - $108.9400) on Mon. Nov. 5, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.17% (three month average) |
RSI | 41 |
Latest Price | $106.4400(-2.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 4% a day on average for past five trading days. |
Weekly Trend | soxl declines -4.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support soxl advance at 0% a week (0% probability) QQQ(83%) IVW(81%) IWF(81%) SMH(78%) SPY(78%) |
Factors Impacting soxl price | soxl will decline at least -2.585% in a week (0% probabilities). VXX(-20%) UUP(-18%) TLT(-13%) VIXM(-11%) IGOV(-5%) |
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 | -2.585% (StdDev 5.17%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
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