Technical Analysis for SOXS - Direxion Daily Semiconductor Bear 3x Shares

Grade Last Price % Change Price Change
F 24.46 -3.70% -0.94
SOXS closed up 7.54 percent on Monday, January 30, 2023, on 1.29 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup -2.80%
Wide Bands Range Expansion -2.80%
Gapped Up Strength -2.80%
Oversold Stochastic Weakness -2.80%
New 52 Week Low Weakness 4.53%
Wide Bands Range Expansion 4.53%
Gapped Up Strength 4.53%
Oversold Stochastic Weakness 4.53%
New 52 Week Closing Low Bearish 6.56%
New 52 Week Low Weakness 6.56%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

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

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Profile

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.
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

Top 10 Components

Symbol Grade Price % Change Allocation
NVDA B 1.51 8.24
QCOM B 0.95 8.23
TXN B 1.92 7.85
INTC F 0.45 7.36
AVGO A 0.60 7.00
AMD D 2.35 4.66
MU B -2.53 4.35
NXPI B 1.31 4.15
LRCX C 2.30 4.14
TSM B -1.43 3.95
View All SOXS Holdings

Is SOXS 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 89.59
52 Week Low 23.01
Average Volume 30,541,050
200-Day Moving Average 47.77
50-Day Moving Average 33.15
20-Day Moving Average 30.15
10-Day Moving Average 26.14
Average True Range 2.76
RSI 38.27
ADX 29.15
+DI 18.30
-DI 34.46
Chandelier Exit (Long, 3 ATRs) 35.88
Chandelier Exit (Short, 3 ATRs) 31.28
Upper Bollinger Bands 41.11
Lower Bollinger Band 19.19
Percent B (%b) 0.28
BandWidth 72.71
MACD Line -3.46
MACD Signal Line -3.04
MACD Histogram -0.4193
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.48
Resistance 3 (R3) 27.30 26.43 27.13
Resistance 2 (R2) 26.43 25.90 26.52 27.02
Resistance 1 (R1) 25.92 25.57 26.17 26.09 26.90
Pivot Point 25.05 25.05 25.17 25.13 25.05
Support 1 (S1) 24.53 24.52 24.79 24.71 23.90
Support 2 (S2) 23.66 24.19 23.75 23.78
Support 3 (S3) 23.15 23.66 23.67
Support 4 (S4) 23.32