Trading Signals: SOXL Stock Price Prediction and Forecast

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Tue. Jun. 30, 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 $188.2100 (8.07%) ($176.2000 - $189.7400) on Tue. Jun. 30, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   8.38% (three month average)
RSI   48
Latest Price   $188.2100(8.07%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXL advances 0.1% a day on average for past five trading days.
Weekly Trend   SOXL advances 0.6% 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 -4.19% in a week (0% probabilities).
VIXM(-41%)    UUP(-23%)    VXX(-16%)    IYT(-3%)    TBT(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -4.19% (StdDev 8.38%)
Hourly BBV 1.4 ()
Intraday Trend 6.8%

5 Day Moving Average   $176.92(6.38%)
10 Day Moving Average   $180.75(4.13%)
20 Day Moving Average   $180.65(4.18%)
To recent high   -3.5%
To recent low   137%
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 5.82% (three month std-dev: 8.38%) daily (68% of days).

Sample size 2 Average positive next day return: 11.84%(50%) Average negative next day return: -3.88%(50%) Sample size 2 Average positive next three day return: 3.51%(50%) Average negative next three day return: -8.91%(50%) Sample size 2 Average positive next weekly return: 2.1%(50%) Average negative next weekly return: -10.08%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200730

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_30_2020	156.73	180.65	180.75	176.92	175.49	178.77	188.21(8.07%)	UT	OpenLong	75	1.1	48	110	55	26	2.14	54%	-0.64	51.7	8.38%	1.4	0.7	48	0.3
2	Jun_29_2020	157.74	179.39	179.9	176.75	172.98	171.08	174.15(3.44%)	DP	OpenShort	-75	-0.2	-23	-140	-27	-11	1.17	54%	-0.64	52	8.42%	-0.2	-0.4	44	-0.2
3	Jun_26_2020	158.75	178.47	179.79	179.09	177.67	172.21	168.36(-5.99%)	DT	OpenShort	-75	-0.8	-26	-240	-30	-15	1.42	55%	-0.81	57.5	8.67%	-1.2	-0.8	41	-0.9
4	Jun_25_2020	160.04	177.94	179.68	181.61	180.87	174.89	179.08(2.46%)	DP	OpenShort	-75	-0.2	-51	-240	-58	-30	1.44	55%	-0.73	60.8	8.93%	-0.5	0.1	44	-0.3
5	Jun_24_2020	161.22	176.32	177.76	182.74	183.86	183.12	174.78(-6.72%)	DT	OpenShort	-75	-0.5	-29	-10	-30	-25	2.07	62%	-0.64	57.9	8.95%	-1.1	-0.1	50	-0.7

6	Jun_23_2020	162.26	175.37	179.64	184.9	185.86	186.85	187.37(0.82%)	UT	OpenLong	75	0.1	13	50	16	4	1.26	62%	-0.41	63.8	9.77%	0.6	0.7	58	-0
7	Jun_22_2020	162.93	173.43	179.98	183.54	185.07	184.59	185.84(2.67%)	UT	OpenLong	75	0.1	5	10	4	6	1.29	62%	-0.36	64.3	9.81%	-0.2	0.7	65	-0.2
8	Jun_19_2020	163.52	171.35	180.48	180.67	184.38	184.88	181(-2.01%)	UD	OpenLong	75	0	17	80	16	18	1.91	62%	-0.57	62.5	9.9%	-0.8	0.5	67	-0.8
9	Jun_18_2020	164.46	169.42	181.65	177.33	179.22	185.56	184.72(-0.46%)	UD	OpenLong	75	0.4	31	280	31	30	0.93	55%	-0.55	57.2	9.91%	-0.4	0.8	68	-0.7
10	Jun_17_2020	165.37	167.8	181.24	171.93	173.87	183.87	185.58(2.77%)	UT	OpenLong	75	0.7	58	440	63	44	1.4	55%	-0.64	57.8	10.5%	0.4	1	72	-0.9

11	Jun_16_2020	166.43	165.41	180.3	173.81	169.41	172.89	180.58(5.3%)	UT	OpenLong	75	0.4	32	70	29	42	2.05	47%	-0.55	62.6	10.55%	0.5	0.8	64	-1
12	Jun_15_2020	167.35	163.35	178.63	176.32	173.26	163.88	171.49(4.39%)	N/A	N/A	0	-0.2	-17	-430	-31	25	1.93	47%	-0.82	66.3	11.67%	0.3	0.4	64	-1.3
13	Jun_12_2020	168.73	161.01	177.05	180.59	180.25	165.93	164.28(4.15%)	N/A	N/A	0	-0.8	-66	-560	-91	11	2.35	47%	-0.91	63.7	12.11%	-1	0.2	64	-1.4
14	Jun_11_2020	170.28	159.41	176.41	186.54	187.13	182.64	157.74(-19.08%)	CR	SmallShort	-20	-1.3	-42	-160	-68	35	3.15	45%	-0.9	71	12.73%	-2.1	-0.1	63	-2.6
15	Jun_10_2020	171.83	157.73	175.5	191.16	194.36	194.57	194.94(0.92%)	UT	OpenLong	75	0.2	39	60	25	80	1.55	51%	-0.64	73.1	12.68%	1.3	1.6	71	0.9

16	Jun_9_2020	172.93	154.25	171.29	187.41	190.21	191.62	193.16(0.17%)	UT	HoldLong	65	0.3	22	100	5	73	1.48	47%	0.12	73.1	12.88%	0.2	1.7	76	1
17	Jun_8_2020	172.72	151.37	166.63	181.18	186.01	194.15	192.83(-0.61%)	UD	OpenLong	75	0.6	55	390	46	81	1.71	47%	-0.66	76.6	13.3%	0.2	2	74	1.6
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		52.5	13.8%	1	1.6	64	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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