DIREXION DAILY SEMI BULL 3X (SOXL) Stock Technical Analysis
NYSEARCA:SOXL - NYSE Arca - US25459W4583 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to SOXL. SOXL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than SOXL.
SOXL is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so SOXL is not an exception.
In the last month SOXL has a been trading in the 7.22 - 21.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SOXL has an average volume of 181279000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SOXL has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.62
11.88
We found 1 important resistance area.
- Resistance @11.76 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.91
Mansfield-7.18
10 Day High13.11
10 Day Low7.23
20 Day High21.37
20 Day Low7.23
52 Week High70.08
52 Week Low7.23
Performance
1 Week-14.86%
2 Weeks-0.23%
1 Month-54.82%
3 Month-73.32%
6 Month-75.31%
12 Month-78.12%
2 Year-38.79%
3 Year-60.84%
5 Year-0.27%
10 Year300.61%
15 Year1065.74%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)33.21
LBB5.84
UBB15.69
8.71
-0.49 (-5.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.33%
1 Week-14.86%
2 Weeks-0.23%
1 Month-54.82%
3 Month-73.32%
6 Month-75.31%
12 Month-78.12%
2 Year-38.79%
3 Year-60.84%
5 Year-0.27%
10 Year300.61%
15 Year1065.74%
Volatility
ATR(14)2.48
ATR(20)%25.74%
ATR Inc-67.49%
Range Today0.59
ADR(20)1.85
ADR(20)%21.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.91
Mansfield-7.18
10 Day High13.11
10 Day Low7.23
20 Day High21.37
20 Day Low7.23
52 Week High70.08
52 Week Low7.23
CS1 EndN/A
CR1 Start11.76
Volume & EV
DER(3)0.41%
DER(5)-0.94%
Volume255.32M
Volume Incr11.73%
Vol(5)288.05M
Vol(50)181.28M