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Index Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Direxion Daily Semiconductor Bull 3X Shares (GIF:SOXL)

Bear Market Rally (-75) - SOXL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SOXL as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ?

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.

GIF_SOXL
Open High Low SOXL Price Change
316.80 328.64 310.16 315.46 -2.02
Entry Signal

MarketClub’s Trade Triangles for SOXL

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for SOXL

Based on our trend formula, SOXL is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for SOXL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
316.80 328.64 310.16 315.46 -2.02
Prev. Close Volume Bid Ask Time
280.82 0 2020-02-14 19:15:11
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