Trading Signals: SOXL Stock Price Prediction and Forecast

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Fri. Jan. 8, 2021

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 $536.8000 (0.08%) ($519.4400 - $569.1300) on Fri. Jan. 8, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.66% (three month average)
RSI   71
Latest Price   $536.8000(0.08%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXL advances 2.9% a day on average for past five trading days.
Weekly Trend   SOXL advances 6.6% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Rotation from value to growth 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 -2.33% in a week (0% probabilities).
VIXM(-41%)    UUP(-22%)    VXX(-15%)    TBT(-3%)    IGOV(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.33% (StdDev 4.66%)
Hourly BBV 0.6 ()
Intraday Trend -4.6%

5 Day Moving Average   $500.6(7.23%)
10 Day Moving Average   $477.65(12.38%)
20 Day Moving Average   $461.14(16.41%)
To recent high   0%
To recent low   121.5%
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 6.56% (three month std-dev: 4.66%) daily (68% of days).

Sample size 25 Average positive next day return: 4.54%(56%) Average negative next day return: -2.79%(44%) Sample size 25 Average positive next three day return: 5.09%(72%) Average negative next three day return: -5.69%(28%) Sample size 25 Average positive next weekly return: 5.59%(68%) Average negative next weekly return: -5.42%(32%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210208

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	Jan_8_2021	333.58	461.14	477.65	500.6	506.27	534.38	536.8(0.08%)	UT	OpenLong	75	1.2	419	420	468	272	0.87	72%	0.93	41.2	4.66%	0.6	2.5	71	1.6
2	Jan_7_2021	330.52	455.89	466.9	486.53	487.58	503.1	536.35(11.02%)	UT	OpenLong	75	2	334	230	376	208	0.69	73%	0.91	35.7	4.67%	1.7	3.3	72	1.5
3	Jan_6_2021	327.54	452.44	456.79	471.58	472.67	478.16	483.11(-0.74%)	UD	OpenLong	75	0.7	116	90	127	82	1.12	71%	0.73	43.7	4.54%	0.5	1.9	60	-0.4
4	Jan_5_2021	325.16	451.66	452.59	462.73	464.94	472.06	486.69(5.79%)	UT	OpenLong	75	1.5	103	120	115	65	0.57	73%	0.74	48.6	4.55%	0.9	2.2	68	-0.5
5	Jan_4_2021	322.78	450.4	448.7	453.85	456.91	467.18	460.04(-1.38%)	UD	OpenLong	75	0.4	120	180	138	67	1.18	72%	0.92	60.9	4.64%	-0.7	0.7	68	-1.6

6	Dec_31_2020	319.84	449.02	448.27	450.8	451.55	457.82	466.48(1.06%)	UT	OpenLong	75	1.1	136	100	156	75	0.39	68%	0.68	69.8	4.8%	1	1.2	61	1.2
7	Dec_30_2020	317.69	447.23	446.89	443.97	446.18	446.64	461.57(5.17%)	UT	OpenLong	75	1.2	36	20	40	22	0.52	68%	0.74	72.8	4.84%	1.3	1	59	1.3
8	Dec_29_2020	315.35	445.54	446.12	439.96	442.52	445.28	438.88(-0.77%)	DT	OpenShort	-75	-0.1	-8	60	-8	-9	0.52	67%	0.64	81	4.81%	0.4	-0.4	36	0.2
9	Dec_28_2020	313.33	444.15	446.25	440.82	442.93	445.72	442.28(-0.57%)	UD	OpenLong	75	0.1	67	60	82	20	0.5	69%	0.87	85.1	4.81%	0.4	-0.1	39	1.2
10	Dec_24_2020	310.64	441.88	444.55	442.78	439.36	439.76	444.81(2.89%)	DP	OpenShort	-75	0.1	-29	-20	-28	-33	0.18	69%	0.64	80.6	4.86%	-2.4	0.1	43	1.3

11	Dec_23_2020	308.67	438.86	443.89	445.44	442.91	440.13	432.33(-2.08%)	DT	OpenShort	-75	-0.5	-25	-60	-25	-26	0.29	65%	0.6	77.1	4.86%	0.1	-0.3	53	0.5
12	Dec_22_2020	306.83	436.69	444.69	450.1	448.16	438.97	441.5(-0.38%)	DT	OpenShort	-75	-0.3	-80	-160	-92	-44	0.42	65%	0.67	79.7	4.96%	-0.3	0.2	56	-0.7
13	Dec_21_2020	304.8	433.7	448.17	453.12	451.72	445.69	443.19(-1.97%)	DT	OpenShort	-75	-0.3	-119	-100	-143	-48	0.77	65%	0.72	78	4.97%	-0.8	0.3	58	-1.6
14	Dec_18_2020	302.61	429.86	451	452.16	456.18	457.36	452.09(-1.31%)	UD	OpenLong	75	-0	30	40	28	36	0.59	65%	0.75	72.3	4.96%	-1.4	0.7	66	1.2
15	Dec_17_2020	300.37	425.74	452.35	446.23	451.87	457.75	458.07(0.54%)	UT	OpenLong	75	0.3	83	130	87	70	0.41	65%	0.82	69	5%	0.3	0.9	72	1.6

16	Dec_16_2020	297.94	420.51	449.84	442.13	442.56	455	455.63(-0.22%)	UD	OpenLong	75	0.3	118	200	126	94	0.42	65%	0.86	63	5.01%	1.2	0.9	74	1.5
17	Dec_15_2020	295.4	415.7	447.47	438.68	437.16	445.98	456.64(4.17%)	UT	OpenLong	75	0.4	141	130	151	112	0.49	65%	0.82	65.5	5.03%	1.2	1	72	0.8
18	Dec_14_2020	292.99	411.17	444.65	443.23	437.58	430.12	438.36(3.77%)	N/A	N/A	0	-0.1	-20	-160	-45	56	0.72	67%	0.84	73.4	5.04%	0.9	0.7	71	-0.6
19	Dec_11_2020	290.56	406.49	441.87	450.25	446.99	428.34	422.45(-3.45%)	CR	SmallShort	-20	-0.7	-183	-310	-245	3	0.88	67%	0.75	74.8	5.07%	-0.9	0.4	73	0.3
20	Dec_10_2020	288.4	402.1	439.47	459.22	459.19	445.05	437.55(-0.19%)	CR	SmallShort	-20	-0.5	-163	-220	-230	37	0.76	67%	0.77	76.8	5.04%	-1	0.8	74	0.9

21	Dec_9_2020	286.19	397.4	434.15	457.99	463.7	465.63	438.4(-8.55%)	N/A	N/A	0	-0.4	-4	70	-45	121	1.28	68%	0.79	80.9	5.08%	-2.7	0.9	78	1
22	Dec_8_2020	283.94	391.1	428.96	456.46	458.74	473.33	479.4(1.26%)	UT	HoldLong	65	0.5	204	240	195	230	0.42	66%	0.93	81.2	5.01%	1.6	1.8	87	1.6
23	Dec_7_2020	281.33	383.81	418.51	446.09	446.9	461.78	473.43(1.31%)	UT	HoldLong	65	0.6	241	240	244	230	0.59	66%	0.96	91.9	5.37%	1	2	80	1.1
24	Dec_4_2020	278.65	377.37	407.03	432.59	434.71	444.14	467.32(8.32%)	UT	HoldLong	65	0.9	202	170	203	200	0.69	66%	0.96	107.9	5.41%	1.8	2.3	83	1.2
25	Dec_3_2020	275.99	370.44	396.53	417.38	420.72	432.03	431.41(0.15%)	UT	HoldLong	65	0.4	144	210	137	163	0.52	58%		123	5.36%	0.4	1.8	82	0.9
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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