Trading Signals: SOXL Stock Price Prediction and Forecast

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

Wed. Dec. 6, 2023

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 $21.4700 (-2.1%) ($21.4050 - $22.8900) on Wed. Dec. 6, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.45% (three month average)
RSI   44
Latest Price   $21.4700(-2.1%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXL declines -1.5% a day on average for past five trading days.
Weekly Trend   SOXL declines -1.8% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SOXL advance at 0% a week (0% probability)
FIVG(94%)    QQQ(86%)    IVE(76%)    BOTZ(75%)    VT(75%)
Factors Impacting SOXL price   SOXL will decline at least -2.225% in a week (0% probabilities).
VIXM(-52%)    VXX(-42%)    UUP(-15%)    BLOK(-8%)    BNDX(-7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.225% (StdDev 4.45%)
Hourly BBV -1.3 ()
Intraday Trend -5.8%

Resistance Level   $22.14
5 Day Moving Average   $22.32(-3.81%)
10 Day Moving Average   $22.61(-5.04%)
20 Day Moving Average   $22.14(-3.03%)
To recent high   -11.2%
To recent low   47.8%
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 6.73% (three month std-dev: 4.45%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240106

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	Dec_6_2023	21.08	22.14	22.61	22.32	22.15	21.94	21.47(-2.1%)	DT	OpenShort	-75	-0.6	-13	-90	-8	-28	59.85	47%	-0.28	75.9	4.45%	-1.3	-0.4	44	1.2
2	Dec_5_2023	21.14	22.02	22.76	22.67	22.36	21.93	21.93(-1.68%)	DT	OpenShort	-75	-0.4	-11	-180	-10	-14	51.66	47%	-0.33	86.4	4.45%	-0.4	-0.1	51	1.3
3	Dec_4_2023	21.21	21.85	22.98	22.79	22.81	22.36	22.31(-3.32%)	N/A	N/A	0	-0.3	-3	-140	-8	13	54.44	47%	-0.19	91	4.45%	-0.8	0.2	68	1.4
4	Dec_1_2023	21.25	21.67	23.07	22.92	22.9	22.8	23.07(1.14%)	UT	HoldLong	50	0.1	4	-30	-6	32	54.8	47%	-0.19	96.9	4.46%	0.1	0.7	68	1.3
5	Nov_30_2023	21.29	21.39	23.04	22.93	22.9	23.26	22.81(-1.77%)	UD	OpenLong	75	-0.1	17	90	2	61	58.78	47%	-0.14	95.6	4.43%	-0.7	0.7	76	1.4

6	Nov_29_2023	21.32	21.06	23.03	22.96	22.99	23	23.22(3.02%)	UT	OpenLong	75	0.1	26	10	5	89	69.01	50%	-0.05	89.2	4.43%	0.4	0.9	75	1.3
7	Nov_28_2023	21.33	20.66	22.93	22.89	22.93	22.72	22.54(-1.87%)	UD	OpenLong	65	-0.1	18	-60	-10	102	53.42	50%	-0.09	76.6	4.52%	-1.5	0.7	74	1.5
8	Nov_27_2023	21.35	20.28	22.71	23.22	23.09	22.98	22.97(-0.52%)	UD	OpenLong	65	-0.1	30	-50	-4	132	40.51	50%	0	71.4	4.53%	0	0.9	78	1.3
9	Nov_24_2023	21.35	19.9	22.49	23.25	23.27	23.14	23.09(0.39%)	UT	HoldLong	65	-0.1	40	-40	1	155	21.93	46%	-0.09	67.2	4.53%	0	1	77	1.4
10	Nov_22_2023	21.37	19.49	22.05	23.17	23.23	23.2	23(0.7%)	UT	HoldLong	65	-0.1	40	-0	0	161	64.86	46%	0.09	59.9	4.71%	-0.5	1.1	81	1.2

11	Nov_21_2023	21.35	19.09	21.64	23.1	23.04	23.4	22.84(-5.54%)	UD	OpenLong	75	-0.1	50	100	5	186	62.38	49%	-0.14	56.1	4.72%	-0.8	1.2	84	1.3
12	Nov_20_2023	21.38	18.78	21.23	22.96	22.92	23.25	24.18(4.54%)	UT	HoldLong	65	0.4	74	100	25	221	56.81	51%	-0.05	53.2	4.78%	2	1.8	92	1.4
13	Nov_17_2023	21.39	18.37	20.63	22.13	22.46	22.68	23.13(1.8%)	UT	HoldLong	65	0.4	66	110	15	220	54.05	51%	0	42.7	4.75%	1.7	1.7	92	1.5
14	Nov_16_2023	21.39	18.03	20.14	21.62	21.75	22.59	22.72(0.4%)	UT	HoldLong	65	0.4	78	290	25	236	61.21	51%	-0.05	36.2	4.77%	1	1.9	85	1.5
15	Nov_15_2023	21.4	17.74	19.58	20.76	21.08	22.25	22.63(2.21%)	UT	HoldLong	65	0.8	84	430	36	227	77.7	51%	-0.09	22.1	4.83%	0.9	2.1	86	1.6

16	Nov_14_2023	21.42	17.49	18.9	19.96	20.13	20.92	22.14(10.59%)	UT	HoldLong	65	1.1	74	300	30	206	93.88	54%	0	8.6	4.86%	1.5	2.3	83	1.5
17	Nov_13_2023	21.42	17.31	18.18	19.26	19.32	19.9	20.02(-2.82%)	UD	OpenLong	75	0.4	53	220	16	164	57.17	51%	-0.09	-3.1	4.8%	0.7	1.5	62	1.4
18	Nov_10_2023	21.44	17.27	17.64	18.9	18.94	19.33	20.6(12.02%)	UT	OpenLong	75	1	48	150	18	139	95.56	48%	-0.09	-7.9	4.87%	2	1.9	67	1.4
19	Nov_9_2023	21.46	17.16	17.08	18.46	18.55	18.75	18.39(-1.5%)	UD	OpenLong	75	-0	37	90	10	116	75.37	43%	-0.23	-16	4.63%	-1.1	0.7	59	0.9
20	Nov_8_2023	21.51	17.25	16.72	18.2	18.35	18.54	18.67(0.38%)	UT	OpenLong	75	0.3	36	100	18	88	50	43%	-0.28	-13.9	4.68%	0.8	0.8	55	1.6

21	Nov_7_2023	21.57	17.32	16.34	17.65	17.92	18.35	18.6(1.92%)	UT	OpenLong	75	0.5	30	210	25	43	56.57	43%	-0.14	-16.9	4.71%	1.3	0.7	50	1.7
22	Nov_6_2023	21.6	17.37	16.15	16.91	17.18	18.16	18.25(-0.71%)	N/A	N/A	0	0.7	23	450	32	-3	52.41	43%	-0.32	-22.1	4.72%	0.6	0.4	44	1.9
23	Nov_3_2023	21.67	17.41	15.93	16.17	16.27	17.5	18.38(7.61%)	N/A	N/A	0	1.1	14	550	37	-56	87.71	43%	-0.37	-31.1	4.72%	1.4	0.5	42	1.9
24	Nov_2_2023	21.75	17.45	15.93	15.51	15.41	16.2	17.08(7.08%)	DP	OpenShort	-65	0.8	-4	340	29	-104	89.39	37%	-0.23	-38.6	4.61%	1.6	-0.2	41	1.9
25	Nov_1_2023	21.8	17.51	15.72	15.04	14.98	15.04	15.95(7.05%)	DP	OpenShort	-65	0.5	-29	20	11	-148	99.4	33%		-45.1	4.7%	2.2	-0.8	30	1.6
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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