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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
$53.92
$19.23(26.29%)
U.S. Market opens in 7h 36m

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:Bullish (RSI: 62.43)
Trend Strength:Very Strong (ADX: 49.68)
Volatility:High (ATR: 7.63)
Support/Resistance:$-7.94 – $83.32 (Bollinger Bands)

Technical conditions suggest Direxion Daily Semiconductor Bear 3X ETF on the AMEX is awaiting a decisive move. Overall, Direxion Daily Semiconductor Bear 3X ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 62.43

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 78.73

Bullish
Buying momentum building without extremes.

Williams %R: -58.12

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1217.89

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 13.43

Bullish
Bullish, trend momentum is strengthening.

ADX: 49.68

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 7.63

High
High volatility, wide price fluctuations.

CCI (14): 46.50

Bullish
Bullish, momentum building upward.

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
$83.32
Middle Band (SMA 20)
$37.69
Lower Band
$-7.94
Current Position
Within Bands

Takeaway:Direxion Daily Semiconductor Bear 3X ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$57.10
Middle Line (EMA 20)
$41.84
Lower Channel
$26.58
Squeeze Status
No Squeeze

Takeaway:Direxion Daily Semiconductor Bear 3X ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.33B
Money Flow Index69.69Bullish, inflows support continued momentum.
Relative Vigor Index54.53Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SOXS shows bullish money flow, with volume and vigor supporting buyers.

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.

Price trading above middle Bollinger Band → mid-term support intact.

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 Bear 3X ETF are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SOXS) Technical Analysis FAQ