| soxl latest price $19.8100 (4.37%) ($19.1000 - $20.0000) on Mon. Oct. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 67 |
Latest Price | $19.8100(4.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 0.5% a day on average for past five trading days. |
Weekly Trend | soxl advances 4.6% 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(91%) QQQ(89%) IVW(86%) SPY(82%) XLK(79%) |
Factors Impacting soxl price | soxl will decline at least -2.365% in a week (0% probabilities). VXX(-52%) VIXM(-46%) GLD(-27%) TBT(-25%) UUP(-20%) |
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 | -2.365% (StdDev 4.73%) |
Hourly BBV | -0.3 () |
Intraday Trend | 3.6% |
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