| soxl latest price $28.0700 (11.79%) ($23.3000 - $28.1400) on Wed. May. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.46% (three month average) |
RSI | 51 |
Latest Price | $28.0700(11.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 5.1% a day on average for past five trading days. |
Weekly Trend | soxl declines -4.3% 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) FIVG(93%) QQQ(89%) IWF(87%) IVW(86%) SPY(84%) |
Factors Impacting soxl price | soxl will decline at least -4.23% in a week (0% probabilities). VIXM(-30%) UUP(-24%) VXX(-8%) TBT(-7%) UNG(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.23% (StdDev 8.46%) |
Hourly BBV | 2.7 () |
Intraday Trend | 9.3% |
| |
|
|