| soxl latest price $106.3500 (8.68%) ($99.8500 - $107.5000) on Wed. Jan. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.14% (three month average) |
RSI | 63 |
Latest Price | $106.3500(8.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 3.8% a day on average for past five trading days. |
Weekly Trend | soxl advances 7.3% 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 -3.57% in a week (0% probabilities). VXX(-19%) UUP(-19%) TLT(-12%) VIXM(-8%) 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 | -3.57% (StdDev 7.14%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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