| soxl latest price $102.6700 (-2.38%) ($101.8900 - $105.7700) on Thu. Nov. 29, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.78% (three month average) |
RSI | 43 |
Latest Price | $102.6700(-2.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 2.1% a day on average for past five trading days. |
Weekly Trend | soxl declines -0.5% 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(78%) SPY(78%) |
Factors Impacting soxl price | soxl will decline at least -2.89% in a week (0% probabilities). VXX(-20%) UUP(-18%) TLT(-13%) VIXM(-10%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.89% (StdDev 5.78%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|