Trading Signals: SOXL Stock Price Prediction and Forecast

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

Thu. Jul. 28, 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 $19.3700 (3.42%) ($17.5750 - $19.5200) on Thu. Jul. 28, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   8.64% (three month average)
RSI   72
Latest Price   $19.3700(3.42%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXL advances 0.3% a day on average for past five trading days.
Weekly Trend   SOXL advances 14.3% 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(92%)    QQQ(88%)    IWF(86%)    IVW(84%)    SPY(83%)
Factors Impacting SOXL price   SOXL will decline at least -4.32% in a week (0% probabilities).
UUP(-23%)    VIXM(-17%)    TBT(-12%)    VXX(-6%)    EDOC(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -4.32% (StdDev 8.64%)
Hourly BBV 1.7 ()
Intraday Trend 3.1%

5 Day Moving Average   $17.9(8.21%)
10 Day Moving Average   $17.44(11.07%)
20 Day Moving Average   $15.31(26.52%)
To recent high   -31%
To recent low   67%
Market Cap   $N/A

Average daily price decay: -0.07%

$. SOXL is a 3x leveraged ETF. You'll lose 0.07% a day on average for holding it.$. SOXL price fluctuates within 16.39% (three month std-dev: 8.64%) daily (68% of days).

Sample size 3 Average positive next day return: 6.49%(33%) Average negative next day return: -8.35%(67%) Sample size 3 Average positive next three day return: 0%(0%) Average negative next three day return: -9.9%(100%) Sample size 3 Average positive next weekly return: 5.69%(33%) Average negative next weekly return: -16.04%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220828

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	Jul_28_2022	23.63	15.31	17.44	17.9	17.68	18.45	19.37(3.42%)	UT	OpenLong	75	0.6	31	270	7	102	68.58	56%	-0.67	37	8.64%	1.7	1.6	72	-1.3
2	Jul_27_2022	23.79	15.01	16.92	17.84	17.51	17.41	18.73(14%)	UT	OpenLong	75	0.4	29	-100	4	104	78.2	56%	-0.54	37.9	8.88%	2.6	1.6	71	-0.7
3	Jul_26_2022	23.92	14.78	16.39	17.74	17.64	16.91	16.43(-5.03%)	UD	OpenLong	65	-0.6	23	-310	-6	111	47.99	51%	-0.58	39.4	8.71%	-1.5	0.8	73	0.3
4	Jul_25_2022	24.06	14.73	16.08	17.84	17.83	17.61	17.3(-1.98%)	UD	OpenLong	75	-0.3	34	-90	3	128	42.98	51%	-0.74	46.7	8.83%	-1.1	1.2	77	1.4
5	Jul_22_2022	24.24	14.63	15.65	17.36	17.64	18.37	17.65(-7.59%)	UD	OpenLong	75	0.1	41	340	11	129	65.25	51%	-0.82	47	8.85%	-1.4	1.5	80	0.8

6	Jul_21_2022	24.44	14.44	15.27	16.86	16.95	18.05	19.1(4.95%)	UT	OpenLong	75	1.1	50	470	24	129	79.47	51%	-0.89	35.8	8.84%	1.3	2.4	73	1.1
7	Jul_20_2022	24.66	14.17	14.69	15.86	15.99	16.9	18.2(7.37%)	UT	OpenLong	75	1.4	44	420	24	103	85.4	51%	-0.76	20.6	8.87%	1.6	2.5	68	0.5
8	Jul_19_2022	24.85	13.97	14.07	14.88	14.99	15.85	16.95(13.61%)	UT	OpenLong	75	1.5	31	420	20	63	77.41	51%	-1	1.6	8.82%	1.7	2.2	58	0.6
9	Jul_18_2022	25.1	13.79	13.55	14.08	14.12	15.08	14.92(-1.52%)	UD	OpenLong	75	0.7	16	480	14	20	82.99	48%	-1.06	-35.1	8.68%	0.3	0.9	45	1.6
10	Jul_15_2022	25.37	13.72	13.21	13.68	13.54	14.14	15.15(7.68%)	N/A	N/A	0	1.3	5	280	11	-13	73.53	48%	-1.01	-71.7	8.71%	1.7	1.2	46	1.8

11	Jul_14_2022	25.63	13.77	12.99	13.43	13.12	13.16	14.07(5.87%)	DP	OpenShort	-65	0.6	-6	-50	2	-28	77.4	47%	-0.85	-103	8.72%	2.4	0.3	52	1.7
12	Jul_13_2022	25.85	13.84	12.92	13.36	13.13	12.95	13.29(2.47%)	DT	HoldShort	-50	-0.1	-6	-150	3	-33	69.6	47%	-1	-116	8.74%	1.2	-0.4	47	1.4
13	Jul_12_2022	26.11	13.95	13.02	13.12	13.27	13.08	12.97(0.46%)	DT	HoldShort	-50	-0.1	-7	-70	4	-41	52.95	47%	-0.53	-137.3	8.78%	-1.3	-0.7	43	1.1
14	Jul_11_2022	26.25	14.22	13.28	12.9	13	13.3	12.91(-7.19%)	DP	OpenShort	-65	0	-6	180	5	-37	51.94	47%	-1.06	-151.5	8.78%	-1.5	-0.9	49	1.7
15	Jul_8_2022	26.53	14.61	13.28	12.64	12.55	13.46	13.91(1.46%)	DP	OpenShort	-65	0.7	-2	490	9	-33	77.06	47%	-1.04	-136.8	8.77%	1	-0.4	54	1.2

16	Jul_7_2022	26.81	15.02	13.55	12.48	12.14	12.69	13.71(13.4%)	DP	OpenShort	-65	0.5	-7	240	7	-49	75.38	47%	-1.25	-107	8.8%	1.5	-0.6	41	0.9
17	Jul_6_2022	27.15	15.52	13.6	12.45	12.07	11.64	12.09(1.6%)	DP	OpenShort	-75	-0.1	-24	-340	-10	-64	76.78	44%	-1.27	-85.8	8.61%	1.8	-1.2	38	1.9
18	Jul_5_2022	27.5	16.09	13.88	12.94	12.48	11.59	11.9(2.59%)	DP	OpenShort	-75	-0.3	-32	-610	-22	-60	82.28	42%	-1.47	-70.9	8.64%	-0.2	-1.2	38	1.1
19	Jul_1_2022	27.91	16.68	14.09	13.72	13.51	12.5	11.6(-11.45%)	DT	OpenShort	-75	-0.5	-32	-570	-22	-61	91.39	42%	-1.27	-57.2	8.72%	-1.3	-1.3	29	1.8
20	Jun_30_2022	28.27	17.39	14.32	14.56	14.53	13.36	13.1(-3.32%)	DT	OpenShort	-75	-0.3	-26	-570	-12	-66	69.65	42%	-1.36	-45.2	8.6%	-0.9	-1	28	1.5

21	Jun_29_2022	28.66	17.91	14.66	14.75	15.07	14.53	13.55(-6.94%)	DT	OpenShort	-75	-0.3	-27	-190	-9	-82	61.12	42%	-1.17	-40.3	8.65%	-1.2	-1	26	1.4
22	Jun_28_2022	29	18.47	14.89	14.89	15.19	15.7	14.56(-7.85%)	DT	HoldShort	-50	-0.1	-25	300	1	-104	56.68	42%	-1.02	-35.8	8.69%	-2.1	-0.9	26	1.3
23	Jun_27_2022	29.3	19	14.98	14.94	14.91	15.6	15.8(-0.06%)	DP	OpenShort	-65	0.2	-21	320	13	-124	43.22	42%	-0.95	-31.7	8.65%	0.8	-0.7	30	0.1
24	Jun_24_2022	29.58	19.34	15.24	14.52	14.62	14.68	15.81(12.85%)	DP	OpenShort	-65	0.3	-27	50	12	-145	60.26	45%	-0.94	-31.5	8.65%	1.3	-0.8	30	-0.4
25	Jun_23_2022	29.86	19.57	15.7	14.07	14.2	14.22	14.01(-1.96%)	DT	HoldShort	-65	-0	-50	40	-10	-171	47.23	43%		-34.9	8.7%	-1.1	-1.2	19	0.2
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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