Trading Signals: SOXL Stock Price Prediction and Forecast

^ SOXL: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Sep. 2, 2020

Trading Signals: SOXL Stock Price Prediction and Forecast (Mon. Dec. 1, 2014 - Fri. Dec. 22, 2023)

(Direxion Daily Semicondct Bull 3X ETF)
SOXL latest price $307.4500 (8.97%) ($286.8180 - $311.3900) on Wed. Sep. 2, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.91% (three month average)
RSI   74
Latest Price   $307.4500(8.97%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXL advances 3.3% a day on average for past five trading days.
Weekly Trend   SOXL advances 5.4% 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(84%)    QQQ(79%)    IWF(78%)    IVW(77%)    SPY(74%)
Factors Impacting SOXL price   SOXL will decline at least -2.455% in a week (0% probabilities).
VIXM(-41%)    UUP(-23%)    VXX(-16%)    EDOC(-4%)    TBT(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.455% (StdDev 4.91%)
Hourly BBV 1.8 ()
Intraday Trend 4.4%

Inflection Point   Yes
5 Day Moving Average   $275.61(11.55%)
10 Day Moving Average   $265.21(15.93%)
20 Day Moving Average   $256.28(19.97%)
To recent high   0%
To recent low   94.9%
Market Cap   $N/A

Average daily price decay: -0.02%

$. SOXL is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. SOXL price fluctuates within 6.25% (three month std-dev: 4.91%) daily (68% of days).

Sample size 28 Average positive next day return: 6.37%(39%) Average negative next day return: -2.81%(61%) Sample size 28 Average positive next three day return: 6.27%(50%) Average negative next three day return: -5.26%(50%) Sample size 28 Average positive next weekly return: 8.48%(50%) Average negative next weekly return: -6.43%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201002

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_2_2020	187.1	256.28	265.21	275.61	276.1	288.08	307.45(8.97%)	UT	OpenLong	75	2	224	310	244	164	1.25	76%	0.98	61.3	4.91%	1.8	3.2	74	-1.3
2	Sep_1_2020	185.28	253.13	258.81	266.87	265.7	271.63	282.14(5.63%)	UT	OpenLong	75	1.4	100	140	105	83	0.68	73%	0.94	80.4	4.85%	1.4	2.6	61	-1
3	Aug_31_2020	183.56	251.38	255.56	262.61	262.35	264.11	267.1(-0.28%)	UD	OpenLong	75	0.5	65	40	65	65	0.8	71%	0.47	109.2	4.83%	1.2	1.7	68	-0.6
4	Aug_28_2020	182.71	249.99	254.31	259.73	259.82	259.77	267.85(5.66%)	UT	OpenLong	75	0.8	20	-0	12	43	0.93	71%	0.9	106.2	4.89%	1.6	1.9	62	0.5
5	Aug_27_2020	181.08	247.94	252.11	255.33	257.6	260.59	253.49(-3.9%)	UD	OpenLong	75	-0.2	38	110	36	44	1.19	68%	0.78	111.1	4.95%	-0.7	0.6	58	0.5

6	Aug_26_2020	179.67	246.84	251.55	252.75	253.56	259.88	263.77(1.13%)	UT	OpenLong	75	1	86	180	94	60	0.76	68%	0.91	97.3	4.93%	1.3	1.5	57	1
7	Aug_25_2020	178.05	244.58	250.58	249.4	247.86	254.61	260.83(3.22%)	UT	OpenLong	75	0.9	80	170	89	52	0.77	68%	0.89	74.3	4.93%	1.5	1.2	55	1.3
8	Aug_24_2020	176.48	241.88	247.82	247.62	245.99	247.24	252.69(2.77%)	UT	OpenLong	75	0.4	49	20	56	26	0.78	68%	1	65.2	4.97%	1.1	0.8	52	1.3
9	Aug_21_2020	174.73	240.17	246.62	248.31	246.75	241.12	245.89(2.2%)	DP	OpenShort	-75	-0.2	-46	-180	-56	-16	0.67	68%	0.94	56.8	4.96%	0.1	0.4	55	1.4
10	Aug_20_2020	173.11	237.97	246.14	248.49	249.93	244.73	240.59(-2.6%)	DT	OpenShort	-75	-0.5	-74	-130	-91	-24	1.1	68%	0.96	51.5	5.08%	-1.1	0.2	61	1.5

11	Aug_19_2020	171.46	236.49	247.01	249.91	252.26	252.38	247.02(-1.94%)	CR	SmallShort	-20	-0.2	-20	30	-31	12	0.68	68%	0.91	54.8	5.22%	-1.8	0.6	61	1.5
12	Aug_18_2020	169.91	235.1	247.25	251.71	252.64	255.12	251.91(-1.65%)	UD	OpenLong	75	0	50	80	46	63	0.75	74%	0.91	61.3	5.22%	-0.1	1	69	1.8
13	Aug_17_2020	168.37	233.29	247	247.86	250.61	252.14	256.14(3.78%)	UT	HoldLong	65	0.5	53	80	47	72	0.78	74%	1.01	58.3	5.44%	1.3	1.3	76	1.9
14	Aug_14_2020	166.69	231.44	245.34	244.75	246.26	250.16	246.8(-0.35%)	UD	OpenLong	75	0.1	36	130	26	66	0.8	74%	0.86	60.5	5.51%	-1.6	0.9	64	1.6
15	Aug_13_2020	165.27	229.52	243.48	243.47	243.69	249.08	247.67(-3.27%)	UD	OpenLong	75	0.2	77	160	71	94	0.84	74%	0.98	57.6	5.58%	-0.1	1	71	1.5

16	Aug_12_2020	163.67	227.36	241.83	243.72	241.57	242.37	256.05(10.07%)	UT	OpenLong	75	0.7	52	-0	38	93	1.23	74%	1.02	57.1	5.61%	1.9	1.7	68	1.6
17	Aug_11_2020	162.01	224.82	238.05	242.47	241.56	238.3	232.62(-3.31%)	N/A	N/A	0	-0.6	-17	-110	-42	60	1.01	70%	1.04	60.4	5.63%	-1.1	0.5	57	1.1
18	Aug_10_2020	160.35	223.65	235.62	246.01	244.41	240.77	240.59(0.06%)	N/A	N/A	0	-0.3	-15	-120	-43	68	0.77	70%	1.14	69.1	5.6%	-0.2	1	61	1.7
19	Aug_7_2020	158.55	221.56	233.4	245.89	245.8	244.82	240.44(-3.4%)	UD	OpenLong	65	-0.3	9	-30	-15	79	1.19	70%	1.11	70	5.68%	-1.8	1.1	58	1.6
20	Aug_6_2020	156.81	219.91	229.44	243.1	244.09	248.05	248.9(-0.36%)	UD	OpenLong	75	0.4	57	130	44	94	0.72	70%	1.21	74.4	5.66%	1.3	1.8	66	1.7

21	Aug_5_2020	154.93	217.87	225.34	239.4	239.03	246.77	249.81(-0.2%)	UD	OpenLong	75	0.7	106	220	104	112	0.85	70%	1.08	83.8	5.66%	1.1	2.1	67	1.7
22	Aug_4_2020	153.28	215.4	221.97	232.97	232.41	240.12	250.3(4.3%)	UT	OpenLong	75	1.3	127	230	132	112	0.8	70%	1.15	83.4	5.67%	1.1	2.6	66	1.6
23	Aug_3_2020	151.54	212.51	218.24	223.8	224.88	231.29	239.99(5.95%)	UT	OpenLong	75	1.5	95	210	101	78	1.13	70%	0.75	87	5.67%	1.2	2.5	62	1.3
24	Jul_31_2020	150.41	210.51	216.01	219.25	218.11	224.7	226.51(-1.69%)	UD	OpenLong	75	0.8	81	200	84	70	1.75	53%	0.85	107.7	5.68%	0.5	1.7	63	1.5
25	Jul_30_2020	149.14	208.56	214.09	213.64	214.3	218.46	230.4(5.85%)	UT	OpenLong	75	1.7	86	150	95	57	1.7	53%		90.4	6.03%	1.9	2.2	59	1.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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