Trading Signals: SOXL Stock Price Prediction and Forecast

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

Tue. Nov. 16, 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 $66.1500 (4.67%) ($62.0100 - $66.4300) on Tue. Nov. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.12% (three month average)
RSI   86
Latest Price   $66.1500(4.67%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXL advances 0.9% a day on average for past five trading days.
Weekly Trend   SOXL advances 12.7% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support SOXL advance at 0% a week (0% probability)
FIVG(93%)    QQQ(89%)    IVW(87%)    IWF(87%)    SPY(84%)
Factors Impacting SOXL price   SOXL will decline at least -2.06% in a week (0% probabilities).
VIXM(-42%)    UUP(-24%)    VXX(-13%)    TBT(-2%)    TLT(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.06% (StdDev 4.12%)
Hourly BBV 2.2 ()
Intraday Trend 6%

5 Day Moving Average   $62.46(5.91%)
10 Day Moving Average   $61.45(7.65%)
20 Day Moving Average   $54.35(21.71%)
To recent high   0%
To recent low   78.7%
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 14.85% (three month std-dev: 4.12%) daily (68% of days).

Sample size 17 Average positive next day return: 4.43%(53%) Average negative next day return: -8.26%(47%) Sample size 17 Average positive next three day return: 5.29%(47%) Average negative next three day return: -13.57%(53%) Sample size 17 Average positive next weekly return: 10.57%(41%) Average negative next weekly return: -18.42%(59%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20211216

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	Nov_16_2021	45.28	54.35	61.45	62.46	62.84	63.86	66.15(4.67%)	UT	HoldLong	65	0.5	65	130	22	193	12.66	56%	0.51	72.3	4.12%	2.2	1.5	86	2.1
2	Nov_15_2021	45.05	53.24	60.05	61.91	61.63	63.11	63.2(-0.24%)	UD	OpenLong	75	0.2	63	150	14	211	11.82	54%	0.51	78.2	4.1%	0.6	1.3	82	2.2
3	Nov_12_2021	44.82	52.21	58.78	61.98	61.74	61.83	63.35(2.77%)	UT	HoldLong	65	0.2	78	-0	24	241	13.03	54%	0.49	84	4.1%	1.2	1.4	82	1.1
4	Nov_11_2021	44.6	51.12	57.26	61.49	61.8	60.15	61.64(6.37%)	UD	OpenLong	65	0	50	-170	-14	240	12.92	54%	0.52	87.1	4.12%	0.3	1.4	82	0.5
5	Nov_10_2021	44.37	50.08	55.84	60.98	61.73	61.66	57.95(-8.6%)	UD	OpenLong	65	-0.4	55	30	-11	253	17.59	52%	0.45	86.3	4.06%	-2.1	1	74	0.5

6	Nov_9_2021	44.17	49.08	54.54	60.12	61.19	63.44	63.4(-0.22%)	UD	OpenLong	75	0.4	119	310	63	286	16.31	56%	0.59	81	3.93%	0.4	1.9	87	0.9
7	Nov_8_2021	43.91	47.74	52.67	57.8	58.39	61.8	63.54(4.32%)	UT	HoldLong	65	0.8	129	440	84	262	15.56	56%	0.62	75.9	3.94%	1.3	2.2	86	1
8	Nov_5_2021	43.64	46.43	50.76	55.09	55.36	58.93	60.91(3.1%)	UT	HoldLong	65	0.9	133	470	99	234	19.5	54%	0.48	74.3	3.91%	1	2.3	86	1
9	Nov_4_2021	43.43	45.3	49.01	52.44	52.4	54.98	59.08(10.08%)	UT	HoldLong	65	1.2	112	340	86	191	20.49	54%	0.46	70.8	3.9%	1.8	2.6	86	1.3
10	Nov_3_2021	43.23	44.31	47.56	50.02	49.77	51.79	53.67(3.57%)	UT	HoldLong	65	0.8	86	270	61	160	11.4	49%	0.32	69.5	3.73%	1.8	2.1	84	1.3

11	Nov_2_2021	43.09	43.55	46.57	48.1	48.17	49.82	51.82(3.72%)	UT	HoldLong	65	0.9	79	240	57	145	12.4	49%	0.26	62	3.71%	1.5	2.1	87	1.3
12	Nov_1_2021	42.98	42.87	45.79	46.73	46.55	47.74	49.96(4.85%)	UT	HoldLong	65	0.9	61	170	35	138	14.52	47%	0.23	51.7	3.69%	1.7	1.9	86	1.2
13	Oct_29_2021	42.88	42.21	45.05	45.75	45.72	46.52	47.65(1.38%)	UT	HoldLong	65	0.6	55	120	28	135	12.44	47%	0.21	33.8	3.66%	1	1.7	77	1.2
14	Oct_28_2021	42.79	41.81	44.47	45.03	45.27	45.36	47(6.6%)	UT	OpenLong	75	0.7	41	30	13	125	15.83	50%	0.23	17.7	3.71%	1.2	1.7	71	1.2
15	Oct_27_2021	42.69	41.44	43.88	44.75	44.86	44.93	44.09(-1.94%)	UD	OpenLong	65	-0.2	27	20	-4	119	13.01	44%	0.14	6.4	3.69%	-1	1	62	1.1

16	Oct_26_2021	42.63	41.23	43.29	44.77	44.89	45.18	44.96(-0.22%)	UD	OpenLong	75	0.1	37	50	9	122	11.99	44%	0.14	1.1	3.75%	0.3	1.4	68	1.2
17	Oct_25_2021	42.57	41.06	42.54	44.67	44.56	44.8	45.06(2.29%)	UT	OpenLong	75	0.1	37	30	10	119	9.68	44%	0.12	-1.8	3.75%	0.6	1.4	69	1.4
18	Oct_22_2021	42.52	41.13	41.88	44.23	44.26	44.61	44.05(-3.38%)	UD	OpenLong	75	-0.1	41	60	15	120	12.63	44%	0.16	-4.3	3.75%	-0.8	0.9	71	1.5
19	Oct_21_2021	42.45	41.28	41.4	43.78	43.54	44.33	45.59(3.14%)	UT	OpenLong	75	0.6	45	110	22	113	9.92	49%	0.17	-9.7	3.74%	2.9	1.3	63	1.8
20	Oct_20_2021	42.38	41.26	40.84	42.88	42.89	43.92	44.2(-0.52%)	UD	OpenLong	75	0.4	54	170	39	100	9.81	49%	0.14	-20.4	3.89%	0.5	0.9	60	1.7

21	Oct_19_2021	42.32	41.2	40.3	41.57	41.91	42.76	44.43(3.66%)	UT	OpenLong	75	0.9	49	170	42	69	11.41	49%	0.05	-37.5	3.91%	1.6	1	61	1.9
22	Oct_18_2021	42.3	41.11	39.69	40.09	40.43	41.86	42.86(2.44%)	UT	OpenLong	75	0.9	27	270	29	19	8.45	49%	0.09	-56.3	3.89%	1.7	0.6	50	2.1
23	Oct_15_2021	42.26	41.27	39.09	39.19	39.47	41.07	41.84(1.92%)	RB	SmallLong	20	0.8	21	310	38	-32	10.94	44%	0.09	-60.2	3.98%	0.9	0.2	36	2
24	Oct_14_2021	42.22	41.59	38.87	38.69	38.74	39	41.05(9.03%)	DP	OpenShort	-65	0.6	-7	50	16	-76	14.71	44%	0.09	-54.2	4.06%	1.5	-0.1	34	1.9
25	Oct_13_2021	42.18	41.94	38.73	38.56	38.7	37.86	37.65(1.62%)	DP	OpenShort	-75	-0.2	-43	-140	-18	-117	11.59	39%		-48.1	3.9%	-0.5	-1.1	29	1.5
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

Click to see actual return for next trading day.