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

Grade Last Price % Change Price Change
D 45.40 -1.86% -0.86
SOXL closed down 1.86 percent on Friday, May 17, 2024, on 62 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Walk Strength -1.86%
Wide Bands Range Expansion -1.86%
Overbought Stochastic Strength -1.86%
Upper Bollinger Band Touch Strength -1.86%
Expansion Pivot Buy Setup Bullish Swing Setup -3.40%
Wide Bands Range Expansion -3.40%

   Recent Intraday Alerts

Alert Time
Down 3% 2 days ago
Down 2 % 2 days ago
Down 1% 2 days ago
60 Minute Opening Range Breakdown 2 days ago
1.5x Volume Pace 2 days 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

Top 10 Components

Symbol Grade Price % Change Allocation
NVDA B -1.99 6.38
AVGO C -1.19 5.69
QCOM B 0.31 4.98
AMD D 1.14 4.45
MU B -2.03 3.68
TXN A 0.03 3.07
MCHP B 0.10 3.05
INTC F -0.62 3.04
ADI A -0.02 2.98
KLAC A -0.24 2.94

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 13.9669
Average Volume 65,688,566
200-Day Moving Average 30.09
50-Day Moving Average 42.08
20-Day Moving Average 39.68
10-Day Moving Average 42.62
Average True Range 2.73
RSI (14) 59.51
ADX 14.65
+DI 34.51
-DI 22.15
Chandelier Exit (Long, 3 ATRs) 39.85
Chandelier Exit (Short, 3 ATRs) 38.38
Upper Bollinger Bands 47.48
Lower Bollinger Band 31.89
Percent B (%b) 0.87
BandWidth 39.30
MACD Line 1.24
MACD Signal Line 0.19
MACD Histogram 1.0501
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 49.98
Resistance 3 (R3) 50.13 48.75 49.21
Resistance 2 (R2) 48.75 47.59 48.68 48.96
Resistance 1 (R1) 47.08 46.87 46.39 46.93 48.70
Pivot Point 45.70 45.70 45.36 45.63 45.70
Support 1 (S1) 44.03 44.54 43.34 43.88 42.10
Support 2 (S2) 42.65 43.82 42.58 41.84
Support 3 (S3) 40.98 42.65 41.59
Support 4 (S4) 40.83