Trading Signals: SOXL Stock Price Prediction and Forecast

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Thu. Jan. 21, 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 $647.3800 (4.45%) ($616.4600 - $652.8000) on Thu. Jan. 21, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.89% (three month average)
RSI   83
Latest Price   $647.3800(4.45%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXL advances 2.6% a day on average for past five trading days.
Weekly Trend   SOXL advances 13.7% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Broad based sell-off 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 -2.445% 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   -2.445% (StdDev 4.89%)
Hourly BBV 1.6 ()
Intraday Trend 1.8%

5 Day Moving Average   $613.07(5.6%)
10 Day Moving Average   $585.24(10.62%)
20 Day Moving Average   $523.74(23.61%)
To recent high   0%
To recent low   167.1%
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 12.93% (three month std-dev: 4.89%) daily (68% of days).

Sample size 50 Average positive next day return: 3.41%(58%) Average negative next day return: -2.77%(42%) Sample size 50 Average positive next three day return: 5.31%(52%) Average negative next three day return: -5.26%(48%) Sample size 50 Average positive next weekly return: 7.83%(42%) Average negative next weekly return: -6.63%(58%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210221

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_21_2021	361.6	523.74	585.24	613.07	616	635.85	647.38(4.45%)	UT	HoldLong	65	0.5	226	240	216	254	0.73	72%	0.99	67.3	4.89%	1.6	1.8	83	1.8
2	Jan_20_2021	358.06	513.19	569.03	597.35	606.88	621.27	619.79(-0.83%)	UD	OpenLong	75	0.3	344	210	356	306	0.75	72%	0.99	63.9	4.9%	0.7	1.6	84	1.7
3	Jan_19_2021	354.54	504.47	555.87	586.85	591.8	596.14	625(10.16%)	UT	HoldLong	65	0.6	138	80	113	212	0.89	72%	1.31	64.8	4.9%	1.2	2	84	1.3
4	Jan_15_2021	349.96	495.62	539.43	573.12	581.08	592.49	567.36(-6.35%)	UD	OpenLong	75	-0.1	144	180	121	212	1.08	70%	0.93	66.8	4.75%	-0.8	1.3	79	0.7
5	Jan_14_2021	346.72	489.8	529.67	567	571.05	587.46	605.8(6.51%)	UT	HoldLong	65	0.7	290	220	290	289	0.76	73%	1.03	68.4	4.66%	1.2	2.2	91	1.2

6	Jan_13_2021	343.2	481.81	514.93	553.11	557.39	569.67	568.79(0.27%)	UT	HoldLong	65	0.3	262	180	260	269	0.46	72%	0.94	68.2	4.62%	0.4	1.9	84	1.4
7	Jan_12_2021	340.02	474.98	501.99	535.98	544.52	554.65	567.28(1.96%)	UT	HoldLong	65	0.8	247	180	249	241	0.7	72%	0.96	59.6	4.62%	0.6	2.2	83	1.1
8	Jan_11_2021	336.78	467.46	489.23	519.86	524.11	545.12	556.35(3.64%)	UT	HoldLong	65	1	240	310	248	216	0.64	72%	0.96	49.8	4.64%	0.9	2.5	77	0.2
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		65.5	5.03%	1.2	1	72	0.8
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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