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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
$120.74
$8.36(6.48%)
U.S. Market opens in 11h 0m

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: 41.83)
Trend Strength:Weak (ADX: 19.31)
Volatility:High (ATR: 20.36)
Support/Resistance:$99.98 – $161.19 (Bollinger Bands)

Technical conditions suggest Direxion Daily Semiconductor Bull 3X ETF on the AMEX is awaiting a decisive move. Technical conditions suggest Direxion Daily Semiconductor Bull 3X ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 41.83

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 58.41

Neutral
Mid-range signal with no clear trend.

Williams %R: -65.78

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 5.34

Strongly Bullish
Strong upside momentum.

Takeaway:Direxion Daily Semiconductor Bull 3X ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -8.56

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.31

Weak
Weak trend, market trading sideways.

ATR (14): 20.36

Rising
Rising volatility, market activity increasing.

CCI (14): -88.41

Bearish
Bearish, momentum remains under pressure.

Takeaway:Direxion Daily Semiconductor Bull 3X ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$161.19
Middle Band (SMA 20)
$130.58
Lower Band
$99.98
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$180.10
Middle Line (EMA 20)
$139.37
Lower Channel
$98.64
Squeeze Status
Squeeze On

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-279.92M
Money Flow Index45.91Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.87Neutral 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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Direxion Daily Semiconductor Bull 3X ETF are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SOXL) Technical Analysis FAQ