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Index Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Direxion Daily Semiconductor Bear 3X Shares (GIF:SOXS)

Sidelines Mode (-55) - SOXS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

GIF_SOXS
Open High Low SOXS Price Change
12.1106 12.9346 10.9231 12.8530 +1.9231
Entry Signal

MarketClub’s Trade Triangles for SOXS

long term down The long-term trend has been DOWN since Dec 1st, 2020 at 21.2116

intermediate term down The intermediate-term trend has been DOWN since Sep 28th, 2020 at 40.3496

short term up The short-term trend has been UP since Feb 22nd, 2021 at 11.9475

Smart Scan Analysis for SOXS

Based on our trend formula, SOXS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SOXS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.1106 12.9346 10.9231 12.8530 +1.9231
Prev. Close Volume Bid Ask Time
10.9299 0 2021-02-25 16:00:00
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