Trading Signals: SOXL Stock Price Prediction and Forecast

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

Fri. Jun. 5, 2020

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 $194.0100 (7.28%) ($192.4000 - $202.0000) on Fri. Jun. 5, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   13.32% (three month average)
RSI   79
Latest Price   $194.0100(7.28%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXL advances 4.8% a day on average for past five trading days.
Weekly Trend   SOXL advances 12.6% 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(85%)    QQQ(79%)    IWF(78%)    IVW(77%)    SPY(74%)
Factors Impacting SOXL price   SOXL will decline at least -6.66% in a week (0% probabilities).
VIXM(-42%)    UUP(-23%)    VXX(-17%)    TBT(-1%)    IYT(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -6.66% (StdDev 13.32%)
Hourly BBV 1.1 ()
Intraday Trend 0.1%

5 Day Moving Average   $173.05(12.11%)
10 Day Moving Average   $161.5(20.13%)
20 Day Moving Average   $148.48(30.66%)
To recent high   -8.2%
To recent low   203.4%
Market Cap   $N/A

Average daily price decay: -0.18%

$. SOXL is a 3x leveraged ETF. You'll lose 0.18% a day on average for holding it.$. SOXL price fluctuates within 12.64% (three month std-dev: 13.32%) daily (68% of days).

Sample size 23 Average positive next day return: 9.05%(65%) Average negative next day return: -3.55%(35%) Sample size 23 Average positive next three day return: 15.18%(52%) Average negative next three day return: -8.06%(48%) Sample size 23 Average positive next weekly return: 25.04%(48%) Average negative next weekly return: -11.18%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200705

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	Jun_5_2020	173.86	148.48	161.5	173.05	177.58	188.8	194.01(7.28%)	UT	HoldLong	65	1.1	77	520	74	86	1.79	46%	-0.61	80.6	13.32%	1.1	2.4	79	2
2	Jun_4_2020	174.93	145.01	155.95	165.07	166.21	177.87	180.84(2.63%)	UT	OpenLong	75	1	70	510	68	75	2.09	48%	-0.6	78.6	13.35%	0.7	2.3	71	1.6
3	Jun_3_2020	175.98	142.07	152.82	157.55	158.51	166.36	176.2(8.77%)	UT	OpenLong	75	1.3	64	360	62	70	2.03	47%	-0.68	64.8	13.46%	1.5	2.4	73	1.7
4	Jun_2_2020	177.19	139.17	148.75	152.97	152.34	154.55	162(6.44%)	UT	OpenLong	75	0.7	30	90	23	50	2.31	49%	-0.75	59.9	13.49%	1.8	1.9	66	1.3
5	Jun_1_2020	178.53	136.77	146.33	149.97	149.67	150.66	152.2(-1.24%)	UD	OpenLong	75	0.2	14	40	5	39	1.44	49%	-0.74	47.4	13.64%	0.5	1.3	56	1

6	May_29_2020	179.86	134.75	143.43	148.05	149.35	150.13	154.11(7.6%)	UT	OpenLong	75	0.5	17	60	12	33	2.56	49%	-0.75	35.9	13.75%	1.1	1.5	57	1.3
7	May_28_2020	181.22	133.5	140.98	145.33	147.27	148.69	143.23(-6.56%)	UD	OpenLong	75	-0.2	9	110	3	26	2.24	49%	-0.78	37.6	13.83%	-0.2	0.8	59	0.9
8	May_27_2020	182.65	133.52	138.83	147.17	145.31	148.57	153.29(4.27%)	UT	OpenLong	75	0.5	16	120	10	32	2.79	47%	-0.72	52.5	13.8%	1	1.6	64	1.5
9	May_26_2020	183.97	132.17	136.12	143.87	146.74	145.85	147.01(3.1%)	UT	OpenLong	75	0.3	23	20	20	33	2.77	47%	-1.17	59.2	13.92%	0.8	1.3	65	1.3
10	May_22_2020	186.14	131.24	135.11	142.17	144.69	142.05	142.59(1.45%)	N/A	N/A	0	0	-4	-70	-14	25	1.67	45%	-0.82	63.8	13.86%	-0.6	1.1	66	1.2

11	May_21_2020	187.67	130.33	134.61	137.95	143.74	147.63	140.55(-7.77%)	UD	OpenLong	75	0.3	22	320	16	38	2.51	44%	-0.26	50.6	13.97%	-1.5	1	67	1.1
12	May_20_2020	188.15	129.18	133.33	135.76	137.77	147.33	152.39(11.37%)	UT	OpenLong	75	1.6	50	530	51	47	2.64	44%	-0.67	41.9	13.98%	1.2	2.3	59	1.5
13	May_19_2020	189.41	127.5	130.36	129.29	129.96	139.86	136.83(-1.2%)	UD	OpenLong	75	0.7	50	550	56	30	2.71	45%	-0.74	25.8	13.91%	0.8	0.9	47	0.9
14	May_18_2020	190.82	125.89	128.7	127.29	124.37	128.21	138.49(13.99%)	UT	OpenLong	75	1.1	25	150	29	14	2.82	45%	-0.75	9.9	13.95%	1.7	1.3	56	1.4
15	May_15_2020	192.27	124.93	126.3	127.31	124.22	120.07	121.49(-6.26%)	DT	OpenShort	-75	-0.6	-14	-310	-16	-9	3.7	43%	-0.85	14.5	13.84%	0.3	-0.4	49	1

16	May_14_2020	193.92	125.28	125.46	130.81	129.08	120.52	129.61(7.99%)	DP	OpenShort	-75	-0.1	-32	-500	-37	-15	3.61	43%	-0.34	35.3	13.93%	0.1	0.5	54	0.8
17	May_13_2020	194.59	125.03	125.49	130.45	133.16	128.36	120.02(-5.38%)	DT	OpenShort	-75	-1.1	-33	-190	-39	-13	3.55	43%	-0.86	38.9	13.89%	-1.7	-0.5	55	0.1
18	May_12_2020	196.27	124.94	127.98	131.28	135.28	137.64	126.85(-8.48%)	UD	OpenLong	75	-0.5	8	210	6	15	2.28	44%	-0.8	47.8	13.88%	-2.9	0.2	56	1.2
19	May_11_2020	197.85	124.92	128.11	129.91	132.88	137.96	138.6(-0.27%)	UD	OpenLong	75	0.9	33	340	33	32	1.8	44%	-0.72	52.3	13.85%	1.2	1.4	69	2.3
20	May_8_2020	199.29	123.57	127.11	125.04	128.84	132.92	138.98(8.74%)	UT	OpenLong	75	1.5	37	310	40	28	2.56	45%	-0.68	54.8	13.78%	1.6	1.6	59	2

21	May_7_2020	200.65	122.02	125.59	119.46	122.29	127.8	127.81(2.93%)	UT	OpenLong	75	0.9	16	390	19	8	2.16	44%	-0.69	49.7	13.84%	0.6	0.6	52	1.4
22	May_6_2020	202.05	121.42	124.62	120.1	118.2	124.75	124.17(3.47%)	UT	OpenLong	75	0.4	17	340	20	7	3.08	44%	-0.71	71.3	13.86%	0.7	0.3	52	0.8
23	May_5_2020	203.49	120.54	124.31	124.55	119.89	116.78	120.01(5.07%)	UT	OpenLong	75	-0.5	8	-290	6	12	3.17	45%	-0.71	87.5	13.85%	1	-0.1	55	1.1
24	May_4_2020	204.95	119.94	122.9	126.15	124.78	111.64	114.22(2.81%)	DP	OpenShort	-75	-1.1	-46	-770	-56	-17	2.33	46%	-0.69	92.4	13.86%	-0.6	-0.5	48	0.5
25	May_1_2020	206.38	118.53	123.62	129.32	130.07	123	111.1(-15.2%)	DT	OpenShort	-75	-1.4	-54	-360	-68	-13	4.34	46%		77.2	13.81%	-1.4	-0.6	54	0.4
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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