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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Direxion Daily Semiconductor Bear 3x Shares (PACF:SOXS)

Long-Term Uptrend (+90) - SOXS is in a strong uptrend that is likely to continue. While SOXS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SOXS?

MarketClub looks at technical strength and momentum to determine if the timing is right for SOXS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_SOXS
Open High Low SOXS Price Change
24.400 25.630 24.270 24.667 +0.697
Entry Signal

MarketClub’s Trade Triangles for SOXS

long term up The long-term trend has been UP since Apr 15th, 2024 at 7.0700

intermediate term up The intermediate-term trend has been UP since Oct 31st, 2024 at 22.0099

short term up The short-term trend has been UP since Nov 11th, 2024 at 21.3199

Smart Scan Analysis for SOXS

Based on our trend formula, SOXS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SOXS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.400 25.630 24.270 24.667 +0.697
Prev. Close Volume Bid Ask Time
24.630 30168233 2024-11-20 15:59:22
Year High17.4Year High Date2018-02-09
Year Low8.83Year Low Date2018-06-07
52wk High90.152wk High Date2023-12-05
52wk Low17.7352wk Low Date2024-07-11
Year End Close33.0122Average Volume44,678,475
Shares Outstanding30,839Assets312M
Volatility114.22
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