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

Grade Last Price % Change Price Change
grade F 3.78 0.53% 0.02
SOXS closed up 0.53 percent on Thursday, August 6, 2020, on 60 percent of 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 Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical SOXS trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 0.53%
NR7 Range Contraction 0.53%
Doji - Bullish? Reversal 0.53%
Lower Bollinger Band Walk Weakness 0.53%
New 52 Week Low Weakness 0.53%
Wide Bands Range Expansion 0.53%

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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.
Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Bear Market ETF Inverse ETF Semiconductor Silver Exchange Traded Product Short

Top 10 Components

Symbol Grade Percentage
NVDA 8.24
QCOM 8.23
TXN 7.85
INTC 7.36
AVGO 7.00
AMD 4.66
MU 4.35
NXPI 4.15
LRCX 4.14
TSM 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 51.81
52 Week Low 3.72
Average Volume 8,558,702
200-Day Moving Average 16.53
50-Day Moving Average 5.23
20-Day Moving Average 4.42
10-Day Moving Average 4.18
Average True Range 0.34
ADX 29.34
+DI 13.84
-DI 31.35
Chandelier Exit (Long, 3 ATRs ) 4.23
Chandelier Exit (Short, 3 ATRs ) 4.74
Upper Bollinger Band 5.16
Lower Bollinger Band 3.67
Percent B (%b) 0.07
BandWidth 33.71
MACD Line -0.46
MACD Signal Line -0.45
MACD Histogram -0.0102
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.98
Resistance 3 (R3) 3.99 3.94 3.94
Resistance 2 (R2) 3.94 3.89 3.93 3.93
Resistance 1 (R1) 3.86 3.86 3.85 3.85 3.92
Pivot Point 3.81 3.81 3.80 3.80 3.81
Support 1 (S1) 3.73 3.76 3.72 3.72 3.64
Support 2 (S2) 3.68 3.73 3.67 3.63
Support 3 (S3) 3.60 3.68 3.62
Support 4 (S4) 3.59