| soxl latest price $14.3500 (-2.11%) ($13.9100 - $14.9100) on Tue. May. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.87% (three month average) |
RSI | 41 |
Latest Price | $14.3500(-2.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 1.7% a day on average for past five trading days. |
Weekly Trend | soxl declines -5.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(89%) XLK(85%) QQQ(84%) IWF(78%) VUG(78%) |
Factors Impacting soxl price | soxl will decline at least -2.435% in a week (0% probabilities). VXX(-54%) VIXM(-49%) UUP(-19%) TBT(-14%) GLD(-7%) |
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 | -2.435% (StdDev 4.87%) |
Hourly BBV | 0.2 () |
Intraday Trend | -2.4% |
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