Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Direxion Daily Semiconductor Bull 3x Shares (PACF:SOXL)

Crossroads (-60) - SOXL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

PACF_SOXL
Open High Low SOXL Price Change
46.38 47.30 46.01 46.51 +0.01
Entry Signal

MarketClub’s Trade Triangles for SOXL

long term up The long-term trend has been UP since Dec 11th, 2023 at 24.5799

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 39.1500

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 44.1400

Smart Scan Analysis for SOXL

Based on our trend formula, SOXL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SOXL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.38 47.30 46.01 46.51 +0.01
Prev. Close Volume Bid Ask Time
46.53 44744447 2024-03-28 16:00:00
Year High209Year High Date2018-03-13
Year Low81.24Year Low Date2018-10-29
52wk High56.9952wk High Date2024-03-08
52wk Low12.5252wk Low Date2023-04-27
Year End Close26.89Average Volume76,689,795
Shares Outstanding78,810Assets862M
Volatility118.03
Get a free daily analysis and signals for Direxion Daily Semiconductor Bull 3x Shares (SOXL) - Request Your Free Report.