Trading Signals: SOXS Stock Price Prediction and Forecast

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

Fri. Dec. 1, 2023

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 $8.3400 (-1.3%) ($8.3020 - $8.8200) on Fri. Dec. 1, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.5% (three month average)
RSI   33
Latest Price   $8.3400(-1.3%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   SOXS declines -3.2% 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 SOXS advance at 0% a week (0% probability)
VIXM(49%)    VXX(37%)    UUP(16%)    BLOK(6%)    BNDX(6%)
Factors Impacting SOXS price   SOXS will decline at least -2.25% in a week (0% probabilities).
FIVG(-94%)    QQQ(-86%)    IVE(-77%)    BOTZ(-76%)    VT(-75%)

Relative Volatility

Market Trend Strength   -2.25% (StdDev 4.5%)
Hourly BBV -0.2 ()
Intraday Trend -3.2%

Resistance Level   $9.07
5 Day Moving Average   $8.41(-0.83%)
10 Day Moving Average   $8.36(-0.24%)
20 Day Moving Average   $9.07(-8.05%)
To recent high   -40.1%
To recent low   4.5%
Market Cap   $N/A

Average daily price decay: -0.02%

$. SOXS is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. SOXS price fluctuates within 11.36% (three month std-dev: 4.5%) daily (68% of days).

Sample size 5 Average positive next day return: 2.03%(60%) Average negative next day return: -6.69%(40%) Sample size 5 Average positive next three day return: 8.36%(60%) Average negative next three day return: -17.29%(40%) Sample size 5 Average positive next weekly return: 9.52%(20%) Average negative next weekly return: -8.96%(80%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240101

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_1_2023	10.29	9.07	8.36		8.42	8.46	8.34(-1.3%)	DT	HoldShort	-50	-0.1	-9	40	2	-42	80.05	57%	-0.1	-95	4.5%	-0.2	-0.7	33	1.3
2	Nov_30_2023	10.3	9.23	8.36	8.41	8.42	8.29	8.45(1.93%)	DP	OpenShort	-75	0	-20	-90	-1	-75	83.62	57%	-0.1	-91.6	4.47%	0.7	-0.7	24	1.4
3	Nov_29_2023	10.31	9.43	8.38	8.4	8.39	8.38	8.29(-3.15%)	DT	OpenShort	-75	-0.1	-29	-10	-3	-105	75.07	54%	-0.19	-83	4.47%	-0.4	-0.9	25	1.3
4	Nov_28_2023	10.33	9.68	8.43	8.43	8.41	8.49	8.56(1.78%)	DP	OpenShort	-65	0.1	-24	60	8	-121	61.66	54%	-0.1	-67.6	4.55%	1.5	-0.7	26	1.5
5	Nov_27_2023	10.34	9.93	8.53	8.31	8.35	8.4	8.41(0.6%)	DP	OpenShort	-65	0.1	-35	60	2	-145	48.73	54%	-0.19	-59.1	4.56%	0	-0.8	22	1.3

6	Nov_24_2023	10.36	10.17	8.64	8.3	8.29	8.33	8.36(-0.12%)	DT	HoldShort	-65	0	-42	30	-2	-162	27.74	57%	-0.19	-55	4.57%	0	-1	23	1.4
7	Nov_22_2023	10.38	10.44	8.87	8.34	8.32	8.31	8.37(-0.71%)	DT	HoldShort	-65	0	-41	-20	-1	-161	74.54	57%	-0.29	-47.9	4.76%	0.5	-1	19	1.2
8	Nov_21_2023	10.41	10.69	9.09	8.37	8.4	8.26	8.43(5.64%)	DP	OpenShort	-75	0	-48	-110	-4	-178	74.74	54%	-0.1	-45.1	4.77%	0.7	-1.1	16	1.3
9	Nov_20_2023	10.42	10.88	9.31	8.43	8.45	8.33	7.98(-4.66%)	DT	HoldShort	-65	-0.2	-67	-90	-21	-204	61.44	52%	-0.19	-43.4	4.82%	-2	-1.5	8	1.4
10	Nov_17_2023	10.44	11.12	9.6	8.8	8.63	8.55	8.37(-1.88%)	DT	HoldShort	-65	-0.2	-62	-120	-13	-207	53.48	52%	-0.19	-37.3	4.79%	-1.7	-1.5	8	1.5

11	Nov_16_2023	10.46	11.33	9.85	9.03	8.96	8.58	8.53(-0.23%)	DT	HoldShort	-65	-0.3	-73	-320	-24	-219	74.98	52%	-0.1	-33.6	4.8%	-1	-1.6	15	1.5
12	Nov_15_2023	10.47	11.51	10.17	9.49	9.31	8.72	8.55(-2.17%)	DT	HoldShort	-65	-0.6	-73	-500	-27	-210	81.09	52%	-0.19	-24.5	4.86%	-0.9	-1.9	15	1.6
13	Nov_14_2023	10.49	11.66	10.57	9.91	9.82	9.35	8.74(-10.73%)	DT	HoldShort	-65	-0.8	-66	-360	-24	-192	88.53	49%	-0.29	-16	4.9%	-1.5	-2	18	1.5
14	Nov_13_2023	10.52	11.79	11.04	10.3	10.26	9.9	9.79(2.73%)	DP	OpenShort	-75	-0.4	-50	-260	-14	-157	52.55	53%	-0.09	-8.6	4.83%	-0.8	-1.5	38	1.4
15	Nov_10_2023	10.53	11.84	11.44	10.52	10.51	10.28	9.53(-12%)	DT	OpenShort	-75	-0.8	-45	-160	-15	-133	88.4	55%	-0.09	-5.5	4.9%	-2	-1.8	34	1.4

16	Nov_9_2023	10.54	11.93	11.83	10.78	10.74	10.62	10.83(1.59%)	DP	OpenShort	-75	0	-35	-90	-9	-114	74.05	60%	-0.09	1	4.66%	1.1	-0.9	42	0.9
17	Nov_8_2023	10.55	11.91	12.12	10.96	10.86	10.74	10.66(-0.37%)	DT	OpenShort	-75	-0.2	-36	-100	-17	-92	49.78	60%	0.09	0.4	4.7%	-0.8	-1	45	1.6
18	Nov_7_2023	10.54	11.91	12.42	11.34	11.15	10.85	10.7(-1.65%)	DT	OpenShort	-75	-0.5	-33	-240	-25	-55	61.25	60%	0	5.1	4.74%	-1.4	-1	50	1.7
19	Nov_6_2023	10.54	11.9	12.58	11.92	11.71	10.97	10.88(0.55%)	DP	OpenShort	-75	-0.8	-26	-500	-30	-15	54.42	60%	0.09	13.3	4.75%	-0.6	-0.8	56	1.9
20	Nov_3_2023	10.53	11.91	12.77	12.52	12.44	11.45	10.82(-7.76%)	N/A	N/A	0	-1.4	-14	-580	-31	39	80.58	60%	0.1	26.9	4.76%	-1.3	-0.9	58	1.9

21	Nov_2_2023	10.52	11.92	12.95	13.03	13.14	12.44	11.73(-6.83%)	UD	OpenLong	65	-1	3	-350	-26	89	61.78	66%	0.1	37.8	4.65%	-1.5	-0.2	59	1.9
22	Nov_1_2023	10.51	11.9	12.99	13.44	13.5	13.44	12.59(-7.15%)	UD	OpenLong	65	-0.7	27	-20	-11	140	63.13	69%	0.29	48.7	4.75%	-2.2	0.6	70	1.6
23	Oct_31_2023	10.48	11.84	12.88	13.63	13.62	13.84	13.56(-2.59%)	UD	OpenLong	75	-0.1	57	110	14	185	55.04	73%	0.29	51.6	4.65%	-0.6	1.4	76	1.3
24	Oct_30_2023	10.45	11.74	12.61	13.33	13.43	13.57	13.92(4.11%)	UT	OpenLong	75	0.5	54	100	13	175	64.58	73%	0.29	44.6	4.64%	0.5	1.9	75	-0.1
25	Oct_27_2023	10.42	11.58	12.27	13.06	13.03	13.4	13.37(-2.98%)	UD	OpenLong	75	0.3	46	190	9	157	58.83	67%		39.2	4.7%	0.4	1.7	68	-1.7
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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