| soxl latest price $22.5400 (11.64%) ($19.4800 - $22.8300) on Thu. May. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.78% (three month average) |
RSI | 50 |
Latest Price | $22.5400(11.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 2% a day on average for past five trading days. |
Weekly Trend | soxl declines -0.2% 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(92%) QQQ(88%) IWF(86%) IVW(84%) SPY(83%) |
Factors Impacting soxl price | soxl will decline at least -4.39% in a week (0% probabilities). VIXM(-25%) UUP(-25%) VXX(-7%) TBT(-7%) UNG(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 | -4.39% (StdDev 8.78%) |
Hourly BBV | 1.5 () |
Intraday Trend | 14.9% |
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