Technical Analysis for SOXL - Direxion Daily Semiconductor Bull 3x Shares

Grade Last Price % Change Price Change
D 30.79 -11.80% -4.12
SOXL closed down 11.8 percent on Friday, April 19, 2024, on 1.46 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
30 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -11.80%
Wide Bands Range Expansion -11.80%

   Recent Intraday Alerts

Alert Time
Down 10% about 20 hours ago
Down 1 ATR about 20 hours ago
60 Minute Opening Range Breakdown about 23 hours ago
Down 5% about 24 hours ago
Down 3% 1 day ago

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Profile

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the PHLX Semiconductor Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity market. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Semiconductor Phlx Semiconductor Sector Philadelphia Stock Exchange

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TSM B -3.46 3.31
LRCX B -2.10 3.30
MCHP C -3.00 3.29

Is SOXL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 56.9427
52 Week Low 12.4418
Average Volume 71,908,617
200-Day Moving Average 28.71
50-Day Moving Average 42.97
20-Day Moving Average 42.97
10-Day Moving Average 40.29
Average True Range 3.44
RSI (14) 30.07
ADX 15.32
+DI 15.90
-DI 36.12
Chandelier Exit (Long, 3 ATRs) 39.67
Chandelier Exit (Short, 3 ATRs) 40.52
Upper Bollinger Bands 51.64
Lower Bollinger Band 34.29
Percent B (%b) -0.2
BandWidth 40.37
MACD Line -2.17
MACD Signal Line -0.65
MACD Histogram -1.5255
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.36
Resistance 3 (R3) 37.89 36.24 36.27
Resistance 2 (R2) 36.24 34.56 35.97 35.90
Resistance 1 (R1) 33.51 33.53 32.69 32.98 35.53
Pivot Point 31.86 31.86 31.44 31.59 31.86
Support 1 (S1) 29.13 30.18 28.31 28.60 26.05
Support 2 (S2) 27.48 29.15 27.21 25.68
Support 3 (S3) 24.75 27.48 25.32
Support 4 (S4) 24.22