| soxl latest price $24.8600 (-1.58%) ($23.7500 - $25.5950) on Tue. May. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.84% (three month average) |
RSI | 60 |
Latest Price | $24.8600(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 4% a day on average for past five trading days. |
Weekly Trend | soxl advances 4.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -4.42% in a week (0% probabilities). VIXM(-24%) UUP(-24%) TBT(-9%) VXX(-6%) UNG(4%) |
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 | -4.42% (StdDev 8.84%) |
Hourly BBV | 0.8 () |
Intraday Trend | -1.2% |
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