| soxl latest price $25.5600 (3.9%) ($24.7200 - $26.0800) on Tue. Jun. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.6% (three month average) |
RSI | 77 |
Latest Price | $25.5600(3.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 3.4% a day on average for past five trading days. |
Weekly Trend | soxl advances 8.9% 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(88%) QQQ(85%) XLK(84%) IVW(79%) IWF(79%) |
Factors Impacting soxl price | soxl will decline at least -2.8% in a week (0% probabilities). VXX(-51%) VIXM(-48%) UUP(-23%) TBT(-22%) BLOK(-8%) |
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 | -2.8% (StdDev 5.6%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.9% |
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