Stock Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Direxion Daily Semiconductor Bear 3x Shares (PACF:SOXS)
Strong Downtrend (-100) - SOXS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SOXS continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SOXS
The long-term trend has been DOWN since Nov 14th, 2022 at 33.321
The intermediate-term trend has been DOWN since Jan 9th, 2023 at 33.370
The short-term trend has been DOWN since Mar 29th, 2023 at 17.610
Smart Scan Analysis for SOXS
Based on our trend formula, SOXS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.4||Year High Date||2018-02-09|
|Year Low||8.83||Year Low Date||2018-06-07|
|52wk High||89.59||52wk High Date||2022-10-13|
|52wk Low||16.55||52wk Low Date||2023-03-23|
|Year End Close||33.0122||Average Volume||47,924,223|