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Direxion Daily Semiconductor Bear 3X ETF

SOXS Technical Analysis Summary (AMEX)

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

SOXS●AMEX
Financial ServicesAsset Management - Leveraged
$46.34
$5.26(10.19%)
U.S. Market opens in 7h 6m

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

SOXS Technical Analysis Summary (AMEX)

Direxion Daily Semiconductor Bear 3X ETF (AMEX: SOXS) stock currently shows a bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.75)
Trend Strength:Moderate (ADX: 22.33)
Volatility:High (ATR: 4.85)
Support/Resistance:$38.35 – $54.34 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.75

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 65.21

Bullish
Buying momentum building without extremes.

Williams %R: -68.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 20.80

Strongly Bullish
Strong upside momentum.

Takeaway:Direxion Daily Semiconductor Bear 3X ETF shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 2.53

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.33

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.85

Medium
Medium volatility, healthy price movement.

CCI (14): -32.02

Bearish
Bearish, momentum remains under pressure.

Takeaway:Direxion Daily Semiconductor Bear 3X ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$54.34
Middle Band (SMA 20)
$46.35
Lower Band
$38.35
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$57.07
Middle Line (EMA 20)
$47.36
Lower Channel
$37.66
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume440.03M
Money Flow Index80.29Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index33.92Bearish, price momentum favors sellers.

Overall Takeaway:SOXS shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Direxion Daily Semiconductor Bear 3X ETF currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(AMEX: SOXS) Technical Analysis FAQ