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Stock Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

Direxion Daily Semiconductor Bull 3x Shares (PACF:SOXL)

Crossroads (-60) - SOXL 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 SOXL?

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.

PACF_SOXL
Open High Low SOXL Price Change
230.36 233.65 218.27 233.07 +7.93
Entry Signal

MarketClub’s Trade Triangles for SOXL

long term up The long-term trend has been UP since Jul 6th, 2020 at 202.00

intermediate term down The intermediate-term trend has been DOWN since Sep 4th, 2020 at 230.02

short term down The short-term trend has been DOWN since Sep 17th, 2020 at 228.15

Smart Scan Analysis for SOXL

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

-60
Smart Scan Analysis for SOXL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
230.36 233.65 218.27 233.07 +7.93
Prev. Close Volume Bid Ask Time
245.78 913880 2020-09-22 15:59:42
Year High209Year High Date2018-03-13
Year Low81.24Year Low Date2018-10-29
52wk High33152wk High Date2020-01-24
52wk Low53.500152wk Low Date2020-03-18
Year End Close26.89Average Volume1,061,051
Shares Outstanding5,850Assets862M
Volatility118.03
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