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Stock Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
Direxion Daily Semiconductor Bull 3x Shares (PACF:SOXL)
Strong Downtrend (-100) - SOXL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SOXL continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SOXL
The long-term trend has been DOWN since Sep 19th, 2023 at 19.11
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 19.45
The short-term trend has been DOWN since Sep 6th, 2023 at 23.14
Smart Scan Analysis for SOXL
Based on our trend formula, SOXL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.900 | 18.370 | 17.625 | 17.860 | +0.440 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.840 | 64036250 | 2023-09-22 15:59:59 |
| Year High | 209 | Year High Date | 2018-03-13 |
| Year Low | 81.24 | Year Low Date | 2018-10-29 |
| 52wk High | 28.75 | 52wk High Date | 2023-07-31 |
| 52wk Low | 6.21 | 52wk Low Date | 2022-10-13 |
| Year End Close | 26.89 | Average Volume | 57,145,230 |
| Shares Outstanding | 305,500 | Assets | 862M |
| Volatility | 118.03 |