| soxl latest price $114.2600 (3.59%) ($110.1700 - $115.1200) on Wed. Nov. 7, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 50 |
Latest Price | $114.2600(3.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 2.5% a day on average for past five trading days. |
Weekly Trend | soxl advances 3.1% 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%) IVW(81%) IWF(81%) SMH(78%) SPY(78%) |
Factors Impacting soxl price | soxl will decline at least -2.6% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.6% (StdDev 5.2%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|