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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.

PACF_SOXL
Open High Low SOXL Price Change
17.900 18.370 17.625 17.860 +0.440
Entry Signal

MarketClub’s Trade Triangles for SOXL

long term down The long-term trend has been DOWN since Sep 19th, 2023 at 19.11

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 19.45

short term down 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).

-100
Smart Scan Analysis for SOXL
Strong Downtrend Sideways 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 High209Year High Date2018-03-13
Year Low81.24Year Low Date2018-10-29
52wk High28.7552wk High Date2023-07-31
52wk Low6.2152wk Low Date2022-10-13
Year End Close26.89Average Volume57,145,230
Shares Outstanding305,500Assets862M
Volatility118.03
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