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

Grade Last Price % Change Price Change
grade D 154.11 7.60% 10.88
SOXL closed up 7.6 percent on Friday, May 29, 2020, on 81 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical SOXL trend table...

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup 0.00%
Multiple of Ten Bullish Other 0.00%
Weak + Overbought Other 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Multiple of Ten Bearish Other 7.60%
Weak + Overbought Other 7.60%
Wide Bands Range Expansion 7.60%
Overbought Stochastic Strength 7.60%

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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.
Exchange Traded Fund ETF Leveraged ETF Ultra ETF Semiconductor Philadelphia Stock Exchange Phlx Semiconductor Sector

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 331.0
52 Week Low 53.5
Average Volume 3,174,691
200-Day Moving Average 192.94
50-Day Moving Average 117.16
20-Day Moving Average 134.07
10-Day Moving Average 143.00
Average True Range 14.37
ADX 12.95
+DI 26.86
-DI 21.09
Chandelier Exit (Long, 3 ATRs ) 113.16
Chandelier Exit (Short, 3 ATRs ) 150.13
Upper Bollinger Band 159.48
Lower Bollinger Band 108.66
Percent B (%b) 0.89
BandWidth 37.91
MACD Line 6.43
MACD Signal Line 4.33
MACD Histogram 2.0945
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 172.36
Resistance 3 (R3) 170.86 163.26 169.32
Resistance 2 (R2) 163.26 158.61 164.02 168.31
Resistance 1 (R1) 158.69 155.74 160.97 160.19 167.29
Pivot Point 151.09 151.09 152.24 151.85 151.09
Support 1 (S1) 146.52 146.44 148.81 148.03 140.93
Support 2 (S2) 138.92 143.57 139.68 139.91
Support 3 (S3) 134.35 138.92 138.90
Support 4 (S4) 135.86