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Stock Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Direxion Daily Semiconductor Bull 3x Shares (PACF:SOXL)
Long-Term Downtrend (-90) - SOXL is in a strong downtrend that is likely to continue. While SOXL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Jan 27th, 2022 at 36.4700
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 18.4400
The short-term trend has been DOWN since Jun 29th, 2022 at 14.5165
Smart Scan Analysis for SOXL
Based on our trend formula, SOXL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.9500 | 14.0400 | 13.0335 | 13.5157 | -1.0443 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.5600 | 60554202 | 2022-06-29 15:59:33 |
| Year High | 209 | Year High Date | 2018-03-13 |
| Year Low | 81.24 | Year Low Date | 2018-10-29 |
| 52wk High | 74.21 | 52wk High Date | 2022-01-04 |
| 52wk Low | 12.78 | 52wk Low Date | 2022-06-17 |
| Year End Close | 26.89 | Average Volume | 53,993,189 |
| Shares Outstanding | 221,800 | Assets | 862M |
| Volatility | 118.03 |