DIREXION DAILY SEMI BULL 3X (SOXL)
US25459W4583 - ETF
Overall SOXL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SOXL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SOXL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SOXL is lagging the market slightly.
SOXL has an average volume of 60550300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SOXL did better than 96% of all other stocks. On top of that, SOXL also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month SOXL has a been trading in the 38.10 - 54.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SOXL has an excellent technical rating, it does not offer a high quality setup 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
33.39
55.88
2 important support areas can be observed.
- A support zone ranging from 34.56 to 34.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.73 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.32 to 55.33. This zone is formed by a combination of multiple trend lines 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
CRS96.06
Mansfield4.64
10 Day High54.89
10 Day Low44.33
20 Day High54.89
20 Day Low38.1
52 Week High56.99
52 Week Low14.01
Performance
1 Week-0.45%
2 Weeks5.04%
1 Month33.31%
3 Month0.54%
6 Month110.62%
12 Month120.66%
2 Year95.45%
3 Year25.3%
5 Year587.59%
10 Year2971.1%
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)0.41
RSI(14)56.81
LBB41.65
UBB54.44
DIREXION DAILY SEMI BULL 3X
NYSEARCA:SOXL (5/31/2024, 7:06:44 PM)
After market: 48.58 -0.01 (-0.02%)48.59
-1.41 (-2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.82%
1 Week-0.45%
2 Weeks5.04%
1 Month33.31%
3 Month0.54%
6 Month110.62%
12 Month120.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.17
ATR(20)%5.83%
ATR Inc
Range Today6.34
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 High54.89
10 Day Low44.33
20 Day High54.89
20 Day Low38.1
52 Week High56.99
52 Week Low14.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume72.52M
Volume Incr-4.85%
Vol(5)50.65M
Vol(50)60.55M