SOXL's RSI Oscillator ascending out of oversold territory
The RSI Oscillator for SOXL moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 25 similar instances when the indicator left oversold territory. In of the 25 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 25, 2025. You may want to consider a long position or call options on SOXL as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SOXL just turned positive on April 21, 2025. Looking at past instances where SOXL's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where SOXL advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .
SOXL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SOXL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SOXL entered a downward trend on April 16, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| MODL | 38.46 | 0.33 | +0.87% |
| VictoryShares WestEnd U.S. Sector ETF | |||
| FBZ | 10.97 | 0.07 | +0.64% |
| First Trust Brazil AlphaDEX® ETF | |||
| XMPT | 20.95 | 0.11 | +0.53% |
| VanEck CEF Municipal Income ETF | |||
| OVLH | 33.99 | 0.14 | +0.42% |
| Overlay Shares Hedged Lrg Cp Eq ETF | |||
| FAS | 133.35 | -1.87 | -1.38% |
| Direxion Daily Financial Bull 3X ETF | |||
SOXL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SOXL has been closely correlated with TECL. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if SOXL jumps, then TECL could also see price increases.
| Ticker / NAME | Correlation To SOXL | 1D Price Change % | ||
|---|---|---|---|---|
| SOXL | 100% | +2.83% | ||
| TECL - SOXL | 94% Closely correlated | +4.23% | ||
| USD - SOXL | 92% Closely correlated | +5.65% | ||
| HIBL - SOXL | 92% Closely correlated | +2.11% | ||
| TQQQ - SOXL | 91% Closely correlated | +3.30% | ||
| BULZ - SOXL | 90% Closely correlated | +5.99% | ||
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