Technical Analysis for SOXS - Direxion Daily Semiconductor Bear 3x Shares
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 36.47 | 6.05% | 2.08 |
SOXS closed down 2.02 percent on Monday, April 29, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It ran into resistance at its 50 day moving average.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Up | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 50 DMA Resistance | Bearish | 6.05% | |
| MACD Bearish Signal Line Cross | Bearish | 6.05% | |
| NR7 | Range Contraction | 6.05% | |
| Wide Bands | Range Expansion | 6.05% | |
| Down 3 Days in a Row | Weakness | 6.05% | |
| Down 4 Days in a Row | Weakness | 6.05% | |
| Down 5 Days in a Row | Weakness | 6.05% | |
| Fell Below 20 DMA | Bearish | 3.90% | |
| Fell Below 50 DMA | Bearish | 3.90% | |
| New Downtrend | Bearish | 3.90% |
| Alert | Time |
|---|---|
| Rose Above Previous Day's High | 14 minutes ago |
| Outside Day | 14 minutes ago |
| Up 5% | 14 minutes ago |
| 50 DMA Resistance | about 3 hours ago |
| Rose Above 50 DMA | about 3 hours ago |
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Basic chart:
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the PHLX Semiconductor Sector Index.
The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, 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.
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Semiconductor Inverse ETF Bear Market ETF Silver Exchange Traded Product Repurchase Agreement Forward Contract Phlx Semiconductor Sector
Classification
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Semiconductor Inverse ETF Bear Market ETF Silver Exchange Traded Product Repurchase Agreement Forward Contract Phlx Semiconductor Sector
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 209.102 |
| 52 Week Low | 27.282 |
| Average Volume | 16,754,605 |
| 200-Day Moving Average | 73.38 |
| 50-Day Moving Average | 35.84 |
| 20-Day Moving Average | 36.63 |
| 10-Day Moving Average | 39.41 |
| Average True Range | 3.04 |
| RSI (14) | 41.52 |
| ADX | 31.58 |
| +DI | 25.34 |
| -DI | 27.34 |
| Chandelier Exit (Long, 3 ATRs) | 37.71 |
| Chandelier Exit (Short, 3 ATRs) | 38.93 |
| Upper Bollinger Bands | 44.47 |
| Lower Bollinger Band | 28.79 |
| Percent B (%b) | 0.36 |
| BandWidth | 42.82 |
| MACD Line | 0.64 |
| MACD Signal Line | 0.82 |
| MACD Histogram | -0.1802 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 37.20 | ||||
| Resistance 3 (R3) | 37.47 | 36.82 | 36.73 | ||
| Resistance 2 (R2) | 36.82 | 36.10 | 36.68 | 36.57 | |
| Resistance 1 (R1) | 35.60 | 35.66 | 35.28 | 35.33 | 36.42 |
| Pivot Point | 34.95 | 34.95 | 34.78 | 34.81 | 34.95 |
| Support 1 (S1) | 33.73 | 34.23 | 33.40 | 33.45 | 32.36 |
| Support 2 (S2) | 33.08 | 33.79 | 32.94 | 32.21 | |
| Support 3 (S3) | 31.86 | 33.08 | 32.05 | ||
| Support 4 (S4) | 31.58 |
