| soxl latest price $114.3000 (-6.68%) ($111.3400 - $119.5100) on Thu. Feb. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7% (three month average) |
RSI | 66 |
Latest Price | $114.3000(-6.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 1.4% a day on average for past five trading days. |
Weekly Trend | soxl advances 10.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support soxl advance at 0% a week (0% probability) QQQ(83%) IVW(81%) IWF(81%) SPY(78%) SMH(77%) |
Factors Impacting soxl price | soxl will decline at least -3.5% in a week (0% probabilities). UUP(-20%) VXX(-19%) TLT(-12%) VIXM(-8%) XHB(-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 | -3.5% (StdDev 7%) |
Hourly BBV | 0 () |
Intraday Trend | -3.1% |
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