DIREXION DAILY SEMI BULL 3X (SOXL)

US25459W4583 - ETF

46.5  +1.47 (+3.26%)

Premarket: 46.16 -0.34 (-0.73%)

Technical Rating and Analysis

10

Overall SOXL gets a technical rating of 10 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 and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SOXL is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, SOXL also shows a nice and consistent pattern of rising prices.
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 73194100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SOXL has a been trading in the 38.95 - 56.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SOXL Weekly chart
SOXL Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, SOXL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

39.18

46.98

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 42.73 to 43.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @41.41 from a horizontal line in the daily time frame.
  • A support zone ranging from 39.58 to 40.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @46.51 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
CRS97.5
Mansfield5.94
10 Day High48.76
10 Day Low38.95
20 Day High56.99
20 Day Low38.95
52 Week High56.99
52 Week Low12.52
Performance
1 Week7.14%
2 Weeks0.91%
1 Month16.83%
3 Month48.09%
6 Month146.42%
12 Month154.1%
2 Year19.91%
3 Year21.7%
5 Year407.13%
10 Year3003.1%
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)-0.42
RSI(14)55.54
LBB40.76
UBB49.98
SOXL Daily chart

DIREXION DAILY SEMI BULL 3X

NYSEARCA:SOXL (3/27/2024, 8:04:00 PM)

Premarket: 46.16 -0.34 (-0.73%)

46.5

+1.47 (+3.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.26%
1 Week7.14%
2 Weeks0.91%
1 Month16.83%
3 Month48.09%
6 Month146.42%
12 Month154.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.74
ATR(20)%8.63%
ATR Inc
Range Today2.63
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 High48.76
10 Day Low38.95
20 Day High56.99
20 Day Low38.95
52 Week High56.99
52 Week Low12.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume56.64M
Volume Incr-21.38%
Vol(5)61.38M
Vol(50)73.19M