DIREXION DAILY SEMI BULL 3X (SOXL)

US25459W4583 - ETF

30.7  +2.24 (+7.87%)

After market: 30.5415 -0.16 (-0.52%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to SOXL. SOXL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SOXL is a bad performer in the overall market: 73% of all stocks are doing better.
SOXL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SOXL has a been trading in the 25.58 - 31.56 range, which is quite wide. It is currently trading near the high of this range.
SOXL has an average volume of 76130800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
SOXL Weekly chart
SOXL Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, SOXL does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for SOXL in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

25.96

42.15

3 important support areas can be observed.

  • Support @27.50 from a trend line in the weekly time frame.
  • A support zone ranging from 26.66 to 26.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @26.22 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 30.71 to 30.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @37.87 from a trend line in the daily time frame.
  • Resistance @41.73 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.03
Mansfield-3.12
10 Day High31.56
10 Day Low26.56
20 Day High31.56
20 Day Low25.58
52 Week High70.08
52 Week Low23.5
Performance
1 Week3.68%
2 Weeks9.41%
1 Month3.72%
3 Month-8.17%
6 Month-48.92%
12 Month0.43%
2 Year217.48%
3 Year-54.86%
5 Year67.56%
10 Year1266.27%
15 YearN/A
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)0.31
RSI(14)52.17
LBB26.73
UBB31.36
SOXL Daily chart

DIREXION DAILY SEMI BULL 3X

NYSEARCA:SOXL (12/13/2024, 8:04:00 PM)

After market: 30.5415 -0.16 (-0.52%)

30.7

+2.24 (+7.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.87%
1 Week3.68%
2 Weeks9.41%
1 Month3.72%
3 Month-8.17%
6 Month-48.92%
12 Month0.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.06
ATR(20)%6.46%
ATR Inc
Range Today1.82
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High31.56
10 Day Low26.56
20 Day High31.56
20 Day Low25.58
52 Week High70.08
52 Week Low23.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume103.69M
Volume Incr-0.18%
Vol(5)74.71M
Vol(50)76.13M