DIREXION DAILY SEMI BULL 3X (SOXL) Stock Technical Analysis
NYSEARCA:SOXL - NYSE Arca - US25459W4583 - ETF - Currency: USD
Overall SOXL gets a technical rating of 3 out of 10. In the past year, SOXL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
96% of all other stocks performed better in the past year than SOXL.
SOXL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SOXL is lagging the market.
In the last month SOXL has a been trading in the 10.75 - 19.37 range, which is quite wide. It is currently trading near the high of this range.
SOXL has an average volume of 226497000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
The technical rating of SOXL is bad and it also does not present a 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
16.77
36.57
We found 1 important support area.
- A support zone ranging from 16.94 to 16.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- Resistance @17.73 from a trend line in the daily time frame.
- A resistance zone ranging from 18.39 to 18.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.84 from a horizontal line in the daily time frame.
- Resistance @25.83 from a trend line in the weekly time frame.
- Resistance @36.21 from a horizontal 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
CRS4.84
Mansfield-4.77
10 Day High19.37
10 Day Low13.38
20 Day High19.37
20 Day Low10.75
52 Week High70.08
52 Week Low7.23
Performance
1 Week-9.77%
2 Weeks28.01%
1 Month65.21%
3 Month-40.99%
6 Month-40.33%
12 Month-66.95%
2 Year-19.62%
3 Year-31.62%
5 Year65.47%
10 Year515.79%
15 Year2720.02%
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)0.51
RSI(14)58.63
LBB11.23
UBB20.84
17
-0.97 (-5.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.4%
1 Week-9.77%
2 Weeks28.01%
1 Month65.21%
3 Month-40.99%
6 Month-40.33%
12 Month-66.95%
2 Year-19.62%
3 Year-31.62%
5 Year65.47%
10 Year515.79%
15 Year2720.02%
Volatility
ATR(14)1.28
ATR(20)%7.28%
ATR Inc2%
Range Today1.94
ADR(20)1.02
ADR(20)%5.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.84
Mansfield-4.77
10 Day High19.37
10 Day Low13.38
20 Day High19.37
20 Day Low10.75
52 Week High70.08
52 Week Low7.23
CS1 End16.99
CR1 Start17.73
Volume & EV
DER(3)2.79%
DER(5)1.46%
Volume149.97M
Volume Incr-46.91%
Vol(5)122.44M
Vol(50)226.50M