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

Grade Last Price % Change Price Change
D 11.47 -4.50% -0.54
SOXS closed up 12.77 percent on Wednesday, May 12, 2021, on 1.88 times 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 EOD Signals

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

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup -4.50%
Pocket Pivot Bullish Swing Setup -4.50%
Stochastic Reached Overbought Strength -4.50%
Upper Bollinger Band Walk Strength -4.50%
Weak + Overbought Other -4.50%
Wide Bands Range Expansion -4.50%
Above Upper BB Strength -4.50%
Overbought Stochastic Strength -4.50%
Upper Bollinger Band Touch Strength -4.50%
Upper Bollinger Band Walk Strength 7.70%
Older End-of-Day Signals for SOXS ...

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

Alert Time
60 Minute Opening Range Breakout 40 minutes ago
3x Volume Pace about 2 hours ago
2x Volume Pace about 2 hours ago
1.5x Volume Pace about 2 hours ago
Fell Below Previous Day's Low about 2 hours ago
View Earlier Intraday Alerts

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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 Inverse ETF Bear Market ETF Semiconductor Silver Exchange Traded Product Repurchase Agreement Forward Contract Phlx Semiconductor Sector

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AMD D -1.76 4.66
MU D 1.15 4.35
NXPI D 1.21 4.15
LRCX C 5.23 4.14
TSM D 0.88 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 125.16
52 Week Low 8.11
Average Volume 9,521,920
200-Day Moving Average 23.95
50-Day Moving Average 10.27
20-Day Moving Average 9.50
10-Day Moving Average 10.14
Average True Range 0.84
ADX 17.93
+DI 38.41
-DI 16.69
Chandelier Exit (Long, 3 ATRs ) 9.56
Chandelier Exit (Short, 3 ATRs ) 10.79
Upper Bollinger Band 11.33
Lower Bollinger Band 7.68
Percent B (%b) 1.19
BandWidth 38.42
MACD Line 0.29
MACD Signal Line -0.05
MACD Histogram 0.3394
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.42
Resistance 3 (R3) 13.29 12.68 13.19
Resistance 2 (R2) 12.68 12.32 12.75 13.11
Resistance 1 (R1) 12.35 12.10 12.52 12.48 13.03
Pivot Point 11.74 11.74 11.83 11.81 11.74
Support 1 (S1) 11.41 11.38 11.58 11.54 10.99
Support 2 (S2) 10.80 11.16 10.87 10.91
Support 3 (S3) 10.47 10.80 10.84
Support 4 (S4) 10.60