DIREXION DAILY SEMI BEAR 3X (SOXS)

US25460G1123 - ETF

28.335  -0.41 (-1.44%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to SOXS. SOXS'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 negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than SOXS.
SOXS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SOXS has a been trading in the 28.70 - 46.84 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.
SOXS has an average volume of 96947000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SOXS Weekly chart
SOXS Daily chart
Setup Rating and Analysis

1

The technical rating of SOXS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

28.05

47.53

We can see 4 important resistance areas.

  • A resistance zone ranging from 28.40 to 28.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 32.12 to 32.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 37.61 to 38.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 46.40 to 47.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS3.23
Mansfield-6.82
10 Day High40.5
10 Day Low28.7
20 Day High46.84
20 Day Low28.7
52 Week High181.1
52 Week Low27.6
Performance
1 Week-14.76%
2 Weeks-28.54%
1 Month-26.56%
3 Month-34.51%
6 Month-65.65%
12 Month-82.31%
2 Year-92.93%
3 Year-96.58%
5 Year-99.97%
10 Year-100%
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)-0.8
RSI(14)35.57
LBB29.01
UBB39.55
SOXS Daily chart

DIREXION DAILY SEMI BEAR 3X

NYSEARCA:SOXS (5/16/2024, 12:10:05 PM)

28.335

-0.41 (-1.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.44%
1 Week-14.76%
2 Weeks-28.54%
1 Month-26.56%
3 Month-34.51%
6 Month-65.65%
12 Month-82.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.27
ATR(20)%9.51%
ATR Inc
Range Today0.89
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 High40.5
10 Day Low28.7
20 Day High46.84
20 Day Low28.7
52 Week High181.1
52 Week Low27.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.03M
Volume Incr-45.17%
Vol(5)17.49M
Vol(50)96.95M