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Stock Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Direxion Daily Semiconductor Bull 3x Shares (PACF:SOXL)
Bear Market Rally (-75) - SOXL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SOXL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SOXL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOXL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SOXL
The long-term trend has been DOWN since Aug 1st, 2024 at 33.6500
The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 32.7450
The short-term trend has been UP since Nov 21st, 2024 at 28.0299
Smart Scan Analysis for SOXL
Based on our trend formula, SOXL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.0500 | 28.9200 | 26.4700 | 28.4876 | +1.3576 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.4900 | 100915325 | 2024-11-21 15:59:35 |
| Year High | 209 | Year High Date | 2018-03-13 |
| Year Low | 81.24 | Year Low Date | 2018-10-29 |
| 52wk High | 70.08 | 52wk High Date | 2024-07-11 |
| 52wk Low | 21.29 | 52wk Low Date | 2023-12-04 |
| Year End Close | 26.89 | Average Volume | 79,823,645 |
| Shares Outstanding | 47,990 | Assets | 862M |
| Volatility | 118.03 |