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Direxion Daily Semiconductor Bull 3X ETF

SOXL Technical Analysis Summary (AMEX)

Analyze SOXL on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SOXL●AMEX
Financial ServicesAsset Management - Leveraged
$66.03
$9.97(17.78%)
U.S. Market opens in 4h 15m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SOXL Technical Analysis Summary (AMEX)

Direxion Daily Semiconductor Bull 3X ETF (AMEX: SOXL) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.06)
Trend Strength:Strong (ADX: 35.00)
Volatility:High (ATR: 12.98)
Support/Resistance:$40.06 – $121.71 (Bollinger Bands)

Technical conditions suggest Direxion Daily Semiconductor Bull 3X ETF on the AMEX is awaiting a decisive move. This mix signals that Direxion Daily Semiconductor Bull 3X ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.06

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.71

Bearish
Momentum remains weak below midpoint.

Williams %R: -62.58

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -19.57

Strongly Bearish
Sharp downside momentum.

Takeaway:Direxion Daily Semiconductor Bull 3X ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -17.94

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.00

Strong
Strong trend, momentum well established.

ATR (14): 12.98

Rising
Rising volatility, market activity increasing.

CCI (14): -36.27

Bearish
Bearish, momentum remains under pressure.

Takeaway:Direxion Daily Semiconductor Bull 3X ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$121.71
Middle Band (SMA 20)
$80.88
Lower Band
$40.06
Current Position
Within Bands

Takeaway:Direxion Daily Semiconductor Bull 3X ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$106.52
Middle Line (EMA 20)
$80.56
Lower Channel
$54.59
Squeeze Status
No Squeeze

Takeaway:Direxion Daily Semiconductor Bull 3X ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-314.29M
Money Flow Index43.70Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.19Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SOXL shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily Semiconductor Bull 3X ETF (AMEX: SOXL), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Direxion Daily Semiconductor Bull 3X ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: SOXL) Technical Analysis FAQ