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Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

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

Strong Uptrend (+100) - SOXL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SOXL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
46.660 48.190 46.410 47.925 -0.325
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 up The intermediate-term trend has been UP since May 14th, 2024 at 42.2400

short term up The short-term trend has been UP since May 6th, 2024 at 39.5800

Smart Scan Analysis for SOXL

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

+100
Smart Scan Analysis for SOXL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.660 48.190 46.410 47.925 -0.325
Prev. Close Volume Bid Ask Time
47.980 35335621 2024-05-21 15:59:41
Year High209Year High Date2018-03-13
Year Low81.24Year Low Date2018-10-29
52wk High56.9952wk High Date2024-03-08
52wk Low14.0152wk Low Date2023-10-31
Year End Close26.89Average Volume55,778,142
Shares Outstanding95,941Assets862M
Volatility118.03
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