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Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

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

Bull Market Weakness (+75) - SOXL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SOXL as it may be in the beginning stages 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.

PACF_SOXL
Open High Low SOXL Price Change
43.11 44.48 42.63 44.38 +1.52
Entry Signal

MarketClub’s Trade Triangles for SOXL

long term up The long-term trend has been UP since Jul 6th, 2020 at 13.4667

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 43.7600

short term up The short-term trend has been UP since Oct 14th, 2021 at 40.3900

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).

+75
Smart Scan Analysis for SOXL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.11 44.48 42.63 44.38 +1.52
Prev. Close Volume Bid Ask Time
44.43 11230084 2021-10-19 15:59:40
Year High209Year High Date2018-03-13
Year Low81.24Year Low Date2018-10-29
52wk High49.5352wk High Date2021-09-16
52wk Low16.00733352wk Low Date2020-10-30
Year End Close26.89Average Volume13,864,058
Shares Outstanding103,550Assets862M
Volatility118.03
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