Trading Signals: SOXL Stock Price Prediction and Forecast

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

Wed. May. 18, 2022

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 $20.8500 (-15.17%) ($20.5300 - $24.3450) on Wed. May. 18, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   8.9% (three month average)
RSI   46
Latest Price   $20.8500(-15.17%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXL advances 1.6% a day on average for past five trading days.
Weekly Trend   SOXL declines -6.8% a week on average for past two weeks.
Market Behavior   Broad based sell-off 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(93%)    QQQ(88%)    IWF(86%)    IVW(85%)    SPY(84%)
Factors Impacting SOXL price   SOXL will decline at least -4.45% in a week (0% probabilities).
VIXM(-26%)    UUP(-24%)    VXX(-7%)    TBT(-6%)    TLT(5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -4.45% (StdDev 8.9%)
Hourly BBV -1.6 ()
Intraday Trend -11.2%

Resistance Level   $23.03
5 Day Moving Average   $21.74(-4.09%)
10 Day Moving Average   $21.59(-3.43%)
20 Day Moving Average   $23.03(-9.47%)
To recent high   -54.3%
To recent low   8.9%
Market Cap   $N/A

Average daily price decay: -0.08%

$. SOXL is a 3x leveraged ETF. You'll lose 0.08% a day on average for holding it.$. SOXL price fluctuates within 11.25% (three month std-dev: 8.9%) daily (68% of days).

Sample size 22 Average positive next day return: 1.33%(59%) Average negative next day return: -3.28%(41%) Sample size 22 Average positive next three day return: 6.19%(50%) Average negative next three day return: -4.05%(50%) Sample size 22 Average positive next weekly return: 8.41%(59%) Average negative next weekly return: -6%(41%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220618

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	May_18_2022	38.89	23.03	21.59	21.74	22.34	23.05	20.85(-15.17%)	DT	HoldShort	-50	-0.3	-5	310	8	-43	60.73	50%	-1.27	-51.5	8.9%	-1.6	-0.8	46	2
2	May_17_2022	39.39	23.4	21.59	21.4	21.51	22.77	24.58(15.02%)	N/A	N/A	0	1.1	5	430	17	-30	65.31	50%	-1.25	-48.5	8.7%	1.9	0.4	57	1.8
3	May_16_2022	39.89	23.57	22.26	20.7	20.6	21.64	21.37(-4.98%)	N/A	N/A	0	0.2	-0	340	12	-37	48.97	48%	-0.47	-50.5	8.58%	0.4	-0.8	52	2.4
4	May_13_2022	40.08	23.85	22.56	20.37	20.44	20.26	22.49(15.87%)	DP	OpenShort	-65	0.7	-10	-50	3	-49	65.51	51%	-1.13	-55.3	8.69%	1.5	-0.5	48	1.6
5	May_12_2022	40.54	24.01	22.54	20.54	20.27	19.56	19.41(1.36%)	DP	OpenShort	-75	-0.4	-31	-280	-20	-63	79.23	48%	-1.15	-61	8.5%	-1.2	-1.6	45	1.6

6	May_11_2022	41.01	24.45	23.17	21.46	21.37	20.63	19.15(-9.2%)	DT	OpenShort	-75	-0.8	-31	-250	-24	-51	76.04	45%	-1.11	-59.4	8.57%	-1.9	-1.9	41	1.8
7	May_10_2022	41.47	24.82	23.51	23.24	22.57	20.98	21.09(6.95%)	DP	OpenShort	-75	-0.9	-24	-580	-19	-38	72.7	45%	-0.91	-59.7	8.69%	-0	-1.5	41	2.4
8	May_9_2022	41.85	25.11	23.69	24.05	23.87	22.11	19.72(-15.55%)	DT	OpenShort	-75	-1.8	-29	-540	-24	-44	71.98	47%	-0.95	-74.8	8.69%	-1.7	-2.3	38	2
9	May_6_2022	42.25	25.55	24.31	25	24.83	24.15	23.35(-2.67%)	DT	OpenShort	-75	-0.8	-12	-210	-7	-27	73.3	51%	-0.87	-89.3	8.51%	-1.1	-1.1	46	1.4
10	May_5_2022	42.62	25.9	24.43	24.78	24.82	25.63	23.99(-14.54%)	DT	OpenShort	-75	-0.3	-9	230	-1	-31	63.94	51%	-1.07	-99.3	8.58%	-1.7	-0.8	50	1.7

11	May_4_2022	43.08	26.21	24.64	25.1	24.49	25.51	28.07(11.79%)	N/A	N/A	0	1.2	12	220	23	-21	76.56	54%	-0.78	-107.5	8.46%	2.7	0.8	51	1
12	May_3_2022	43.42	26.41	24.6	23.88	24.01	24.01	25.11(2.49%)	DP	OpenShort	-65	0.4	-2	20	11	-40	52.47	49%	-0.89	-119.9	8.32%	1.4	-0.5	50	-0.9
13	May_2_2022	43.81	27	24.92	23.34	23.37	23.48	24.5(10.16%)	DP	OpenShort	-75	0.3	-17	40	-6	-49	57.35	50%	-0.99	-98.7	8.47%	-0.2	-0.7	49	-0.1
14	Apr_29_2022	44.25	27.55	25.16	23.57	23.44	24.01	22.24(-13.06%)	DT	OpenShort	-75	-0.3	-13	150	-1	-47	47.47	51%	-1.01	-92.8	8.56%	-0.7	-1.3	40	0.2
15	Apr_28_2022	44.7	28.36	25.53	24.02	23.71	23.25	25.58(16.54%)	DP	OpenShort	-75	0.3	-13	-170	0	-52	62.26	54%	-1.04	-85.5	8.48%	2.5	-0.6	41	0.8

16	Apr_27_2022	45.17	29.09	25.75	24.14	23.96	22.86	21.95(-2.14%)	DT	OpenShort	-75	-0.4	-37	-340	-26	-68	51.89	48%	-1.12	-71.5	8.24%	-1.4	-1.3	31	0.4
17	Apr_26_2022	45.68	30.23	26.23	25.45	25.43	24.17	22.43(-12.62%)	DT	OpenShort	-75	-0.5	-32	-350	-22	-62	53.88	48%	-0.91	-55.2	8.4%	-1.7	-1.3	28	1.4
18	Apr_25_2022	46.1	31.23	26.68	26.72	26.89	25.05	25.67(4.99%)	DP	OpenShort	-75	-0.2	-28	-460	-15	-68	57.7	49%	-0.82	-47.1	8.29%	-0.5	-0.9	27	1.9
19	Apr_22_2022	46.48	32.03	26.94	26.99	27.61	26.69	24.45(-6.71%)	DT	OpenShort	-75	-0.4	-32	-160	-15	-81	56.8	49%	-0.85	-43.5	8.33%	-1.5	-1.2	28	1.1
20	Apr_21_2022	46.88	32.91	27.54	27.22	27.84	28.73	26.21(-8.04%)	DT	OpenShort	-75	-0.2	-23	290	-1	-87	53.45	49%	-0.8	-39.9	8.36%	-2.4	-1	27	1.3

21	Apr_20_2022	47.26	33.45	27.95	27.58	27.6	28.53	28.5(-0.87%)	DP	OpenShort	-65	0.1	-13	240	15	-97	51.65	47%	-0.78	-39.8	8.32%	0.5	-0.8	27	0.7
22	Apr_19_2022	47.63	34.01	28.34	27.13	27.1	26.96	28.75(6.36%)	DP	OpenShort	-65	0.3	-27	-40	6	-125	45.08	45%	-0.85	-37.2	8.4%	1.8	-0.8	24	0.8
23	Apr_18_2022	48.04	34.53	29.16	26.68	27	26.67	27.03(5.54%)	DP	OpenShort	-75	0.1	-40	-50	-6	-140	48.78	43%	-0.74	-32.8	8.43%	-0.3	-1.2	26	1
24	Apr_14_2022	48.4	35.16	30.05	26.93	27.16	27.24	25.61(-8.63%)	DT	HoldShort	-65	-0.2	-45	50	-11	-145	50.72	45%	-0.84	-28.4	8.53%	-1.8	-1.6	24	1.5
25	Apr_13_2022	48.81	35.78	31.34	27.91	27.66	27.33	28.03(6.82%)	DP	OpenShort	-75	0	-38	-110	-5	-137	50.12	45%		-23.2	8.53%	1.3	-1.4	26	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

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