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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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

Crossroads (-60) - SOXS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
20.2400 20.2700 19.2500 20.1801 -0.5999
Entry Signal

MarketClub’s Trade Triangles for SOXS

long term up The long-term trend has been UP since Apr 15th, 2024 at 7.07

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2024 at 21.59

short term down The short-term trend has been DOWN since Oct 25th, 2024 at 20.38

Smart Scan Analysis for SOXS

Based on our trend formula, SOXS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SOXS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.2400 20.2700 19.2500 20.1801 -0.5999
Prev. Close Volume Bid Ask Time
20.1800 64424781 2024-10-25 15:59:52
Year High17.4Year High Date2018-02-09
Year Low8.83Year Low Date2018-06-07
52wk High144.252wk High Date2023-10-31
52wk Low17.7352wk Low Date2024-07-11
Year End Close33.0122Average Volume59,406,144
Shares Outstanding30,839Assets312M
Volatility114.22
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