| soxl latest price $84.0800 (5.87%) ($79.2100 - $86.3100) on Mon. Jan. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.46% (three month average) |
RSI | 48 |
Latest Price | $84.0800(5.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 0.6% a day on average for past five trading days. |
Weekly Trend | soxl declines -2.1% 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%) IWF(81%) IVW(80%) SPY(78%) SMH(77%) |
Factors Impacting soxl price | soxl will decline at least -3.73% in a week (0% probabilities). VXX(-19%) UUP(-19%) TLT(-12%) VIXM(-9%) 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 | -3.73% (StdDev 7.46%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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