| soxl latest price $27.2800 (6.19%) ($26.2100 - $27.4500) on Thu. Jul. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 65 |
Latest Price | $27.2800(6.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 3.6% a day on average for past five trading days. |
Weekly Trend | soxl advances 4% 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(87%) XLK(85%) BOTZ(82%) IVW(80%) |
Factors Impacting soxl price | soxl will decline at least -2.735% in a week (0% probabilities). VXX(-56%) VIXM(-51%) TBT(-26%) UUP(-24%) GLD(1%) |
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 | -2.735% (StdDev 5.47%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.9% |
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