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

Grade Last Price % Change Price Change
grade F 6.72 2.91% 0.19
SOXS closed up 2.91 percent on Wednesday, March 20, 2019, on approximately normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical SOXS trend table...

Date Alert Name Type % Chg
Mar 20 Slingshot Bearish Bearish Swing Setup 0.00%
Mar 20 Lower Bollinger Band Walk Weakness 0.00%
Mar 20 New 52 Week Low Weakness 0.00%
Mar 20 Outside Day Range Expansion 0.00%
Mar 20 Lower Bollinger Band Touch Weakness 0.00%
Mar 20 Oversold Stochastic Weakness 0.00%
Mar 19 New 52 Week Closing Low Bearish 2.91%
Mar 19 Narrow Range Bar Range Contraction 2.91%
Mar 19 NR7 Range Contraction 2.91%
Mar 19 Lower Bollinger Band Walk Weakness 2.91%

Older signals for SOXS ...

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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.
Exchange Traded Funds Futures Contract Semiconductor Silver Exchange Traded Product Short
Is SOXS a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 17.18
52 Week Low 6.42
Average Volume 5,706,144
200-Day Moving Average 10.6009
50-Day Moving Average 8.6596
20-Day Moving Average 7.3195
10-Day Moving Average 7.243
Average True Range 0.4539
ADX 24.39
+DI 20.542
-DI 33.7472
Chandelier Exit (Long, 3 ATRs ) 7.1483
Chandelier Exit (Short, 3 ATRs ) 7.7817
Upper Bollinger Band 8.0864
Lower Bollinger Band 6.5526
Percent B (%b) 0.11
BandWidth 20.954983
MACD Line -0.5032
MACD Signal Line -0.5172
MACD Histogram 0.014
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.34
Resistance 3 (R3) 7.30 7.07 7.23
Resistance 2 (R2) 7.07 6.91 7.08 7.20
Resistance 1 (R1) 6.89 6.81 6.98 6.93 7.16
Pivot Point 6.66 6.66 6.70 6.67 6.66
Support 1 (S1) 6.48 6.50 6.57 6.52 6.28
Support 2 (S2) 6.25 6.40 6.26 6.24
Support 3 (S3) 6.07 6.25 6.21
Support 4 (S4) 6.11