Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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

Countertrend Down (-85) - SOXS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
3.2400 3.2600 3.1700 3.1895 -0.0305
Entry Signal

MarketClub’s Trade Triangles for SOXS

long term down The long-term trend has been DOWN since Nov 20th, 2023 at 8.18

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2023 at 10.36

short term up The short-term trend has been UP since Mar 27th, 2024 at 3.39

Smart Scan Analysis for SOXS

Based on our trend formula, SOXS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SOXS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2400 3.2600 3.1700 3.1895 -0.0305
Prev. Close Volume Bid Ask Time
3.2200 20334160 2024-03-28 10:05:24
Year High17.4Year High Date2018-02-09
Year Low8.83Year Low Date2018-06-07
52wk High23.2252wk High Date2023-04-27
52wk Low2.7652wk Low Date2024-03-08
Year End Close33.0122Average Volume185,029,162
Shares Outstanding172,126Assets312M
Volatility114.22
Get a free daily analysis and signals for Direxion Daily Semiconductor Bear 3x Shares (SOXS) - Request Your Free Report.