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Stock Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

Direxion Daily Semiconductor Bear 3x Shares (PACF:SOXS)

Crossroads (-60) - SOXS 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 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.

PACF_SOXS
Open High Low SOXS Price Change
26.0900 26.3200 25.7400 26.2699 +1.6099
Entry Signal

MarketClub’s Trade Triangles for SOXS

long term up The long-term trend has been UP since Apr 15th, 2024 at 7.07

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2024 at 33.48

short term down The short-term trend has been DOWN since May 6th, 2024 at 34.50

Smart Scan Analysis for SOXS

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

-60
Smart Scan Analysis for SOXS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.0900 26.3200 25.7400 26.2699 +1.6099
Prev. Close Volume Bid Ask Time
26.2900 28009380 2024-05-29 15:59:38
Year High17.4Year High Date2018-02-09
Year Low8.83Year Low Date2018-06-07
52wk High144.252wk High Date2023-10-31
52wk Low25.1852wk Low Date2024-05-23
Year End Close33.0122Average Volume21,947,062
Shares Outstanding35,799Assets312M
Volatility114.22
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