Trading Signals: SOXS Stock Price Prediction and Forecast

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Tue. Oct. 11, 2022

Trading Signals: SOXS Stock Price Prediction and Forecast (Mon. Aug. 31, 2015 - Fri. Dec. 22, 2023)

(Direxion Daily Semicondct Bear 3X ETF)
SOXS latest price $75.5900 (8.4%) ($71.4000 - $78.3650) on Tue. Oct. 11, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.53% (three month average)
RSI   67
Latest Price   $75.5900(8.4%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SOXS advances 7.3% a day on average for past five trading days.
Weekly Trend   SOXS advances 1.1% 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 SOXS advance at 0% a week (0% probability)
UUP(17%)    TBT(10%)    VIXM(8%)    VXX(5%)    UNG(-2%)
Factors Impacting SOXS price   SOXS will decline at least -3.765% in a week (0% probabilities).
FIVG(-91%)    QQQ(-87%)    IWF(-85%)    IVW(-83%)    SPY(-82%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.765% (StdDev 7.53%)
Hourly BBV 1.5 ()
Intraday Trend 3.2%

5 Day Moving Average   $63.04(19.91%)
10 Day Moving Average   $63.21(19.59%)
20 Day Moving Average   $60.46(25.02%)
To recent high   0%
To recent low   125.1%
Market Cap   $N/A

Average daily price decay: -0.06%

$. SOXS is a 3x leveraged ETF. You'll lose 0.06% a day on average for holding it.$. SOXS price fluctuates within 11.63% (three month std-dev: 7.53%) daily (68% of days).

Sample size 8 Average positive next day return: 2.26%(38%) Average negative next day return: -7.66%(63%) Sample size 8 Average positive next three day return: 6.87%(63%) Average negative next three day return: -11.83%(38%) Sample size 8 Average positive next weekly return: 13.87%(50%) Average negative next weekly return: -24.51%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221111

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	Oct_11_2022	51.11	60.46	63.21	63.04	63.91	71	75.59(8.4%)	UT	OpenLong	75	1.8	74	820	84	43	20.88	59%	0.51	52.6	7.53%	1.5	2.2	67	0.6
2	Oct_10_2022	50.85	59.28	61.86	58.76	58.94	64.18	69.73(9.57%)	UT	OpenLong	75	1.6	54	630	67	16	19.6	58%	0.36	35	7.51%	1	1.5	65	0.6
3	Oct_7_2022	50.67	58.05	61.34	57.36	56.02	56.82	63.64(18.93%)	N/A	N/A	0	0.9	7	30	10	-1	20.75	52%	0.26	23.7	7.43%	1.7	0.8	64	0.6
4	Oct_6_2022	50.54	57.16	61.23	58.77	57.06	53.7	53.51(1.5%)	N/A	N/A	0	-0.8	-29	-500	-39	3	15.45	47%	0.06	26	7.25%	-0.3	-0.5	55	1.1
5	Oct_5_2022	50.51	56.99	62.03	61.49	61.11	55.22	52.72(-2.73%)	CR	SmallShort	-20	-1.3	-35	-690	-55	27	18.9	47%	0.18	38.2	7.25%	-1.4	-0.6	53	1.7

6	Oct_4_2022	50.42	56.97	62.51	63.2	64	60.42	54.2(-13.57%)	CR	SmallShort	-20	-1.3	-34	-350	-61	46	15.74	47%	0.04	49.8	7.25%	-1.3	-0.4	58	1.9
7	Oct_3_2022	50.4	56.99	62.7	65.1	65.92	67	62.71(-11.34%)	UD	OpenLong	65	-0.3	19	150	-5	91	14.66	51%	0.28	64.3	7.11%	-1.9	0.8	65	0.6
8	Sep_30_2022	50.26	56.47	61.73	65.71	65.47	67.59	70.73(5.43%)	UT	HoldLong	65	0.7	55	220	31	127	13.75	57%	0.26	76.4	7.09%	1.2	2	82	-0.2
9	Sep_29_2022	50.13	55.42	59.92	64.17	64.27	64.85	67.09(9.52%)	UT	HoldLong	65	0.5	47	70	20	126	15.24	57%	0.14	91.7	7.07%	1.3	1.9	80	0.8
10	Sep_28_2022	50.06	54.44	58.55	62.84	63.56	63.36	61.26(-3.85%)	UD	OpenLong	75	-0.3	37	10	8	123	13.31	55%	0.16	99.6	7.03%	-1.7	1.2	68	0.9

11	Sep_27_2022	49.98	53.71	57.58	61.72	62.39	63.68	63.71(-3.13%)	UD	OpenLong	75	0.3	44	180	19	119	11.94	55%	0.1	100.3	7.08%	-0	1.7	65	-0
12	Sep_26_2022	49.93	52.75	56.48	59.85	59.92	63.75	65.77(4.4%)	UT	OpenLong	75	1.1	61	450	43	113	11.97	55%	0.3	97.8	7.06%	0.5	2.4	63	0.7
13	Sep_23_2022	49.78	51.57	54.38	57.1	57.44	61.1	63(4.24%)	UT	OpenLong	75	1.2	62	460	55	81	17.07	55%	0.28	95.9	7.25%	0.9	2.3	63	0.7
14	Sep_22_2022	49.64	50.23	52.59	55.08	54.89	56.08	60.44(8.57%)	UT	OpenLong	75	1	31	140	27	44	15.3	55%	0.34	80.8	7.23%	1.2	1.9	63	0.7
15	Sep_21_2022	49.47	49.24	51.36	53.73	53.85	53.78	55.67(2.35%)	UT	OpenLong	75	0.4	11	-0	6	25	20.34	52%	0.14	80.4	7.17%	-0.1	1.3	62	0.8

16	Sep_20_2022	49.4	48.5	50.88	52.84	53.69	53.7	54.39(4.58%)	UT	OpenLong	75	0.3	7	50	2	23	10.44	52%	0.08	81.2	7.23%	0.1	1.1	63	1.9
17	Sep_19_2022	49.36	47.86	50.77	52.59	53.12	53.92	52.01(-1.66%)	UD	OpenLong	75	-0.1	18	140	11	39	12.73	52%	-0.08	89.4	7.27%	-1.5	0.8	64	1.5
18	Sep_16_2022	49.4	47.17	50.78	51.14	52.63	53.68	52.89(-1.49%)	UD	OpenLong	75	0.3	32	230	27	47	17.74	52%	0.06	79.5	7.27%	0.3	1	68	0.3
19	Sep_15_2022	49.37	46.28	50.56	49.62	50.27	52.33	53.69(4.86%)	UT	HoldLong	65	0.7	26	330	17	51	23.53	52%	-0.12	63.7	7.63%	2	1.3	77	0.9
20	Sep_14_2022	49.43	45.46	49.98	48.63	48.54	51.58	51.2(-3.65%)	UD	OpenLong	75	0.4	32	430	23	57	20.03	52%	-0.16	59.3	7.64%	1	1	65	0.9

21	Sep_13_2022	49.51	44.65	49.55	48.67	48.34	48.2	53.14(18.67%)	UT	OpenLong	75	0.7	29	-40	16	66	25.55	52%	0.04	51.2	7.63%	1.9	1.4	67	1.2
22	Sep_12_2022	49.49	43.68	48.74	48.86	48.63	45.49	44.78(-1.08%)	N/A	N/A	0	-0.7	-13	-470	-36	56	15.12	46%	-0.22	49.1	7.58%	-0.7	0.2	58	0.9
23	Sep_9_2022	49.6	43.18	48.62	50.39	50.71	48.47	45.27(-7.16%)	N/A	N/A	0	-0.8	-2	-290	-31	84	19.9	46%	-0.12	53.6	7.7%	-1.4	0.3	65	1
24	Sep_8_2022	49.66	42.8	47.87	51.52	51.8	51.77	48.76(-5.17%)	UD	OpenLong	65	-0.4	23	10	-8	114	16.74	46%	0.04	61.3	7.7%	-1.4	0.9	73	1.3
25	Sep_7_2022	49.64	42.2	47.12	51.39	52.08	52.95	51.42(-4.87%)	UD	OpenLong	75	0	47	160	17	135	13.74	46%		63.1	7.71%	-1.1	1.4	70	1.3
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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