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Direxion Daily Semiconductor Bull 3X ETF

SOXL Technical Analysis Summary (AMEX)

Analyze SOXL on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SOXL●AMEX
Financial ServicesAsset Management - Leveraged
$142.29
$9.16(6.05%)
U.S. Market opens in 2h 7m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SOXL Technical Analysis Summary (AMEX)

Direxion Daily Semiconductor Bull 3X ETF (AMEX: SOXL) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 56.07)
Trend Strength:Weak (ADX: 18.56)
Volatility:High (ATR: 12.54)
Support/Resistance:$88.99 – $157.13 (Bollinger Bands)

Technical conditions suggest Direxion Daily Semiconductor Bull 3X ETF on the AMEX is awaiting a decisive move. Overall, Direxion Daily Semiconductor Bull 3X ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 56.07

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 86.90

Bearish
Overbought levels may trigger pullback.

Williams %R: -22.82

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 14.85

Strongly Bullish
Strong upside momentum.

Takeaway:Direxion Daily Semiconductor Bull 3X ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 4.86

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.56

Weak
Weak trend, market trading sideways.

ATR (14): 12.54

Rising
Rising volatility, market activity increasing.

CCI (14): 67.16

Bullish
Bullish, momentum building upward.

Takeaway:Direxion Daily Semiconductor Bull 3X ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$157.13
Middle Band (SMA 20)
$123.06
Lower Band
$88.99
Current Position
Within Bands

Takeaway:Direxion Daily Semiconductor Bull 3X ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$155.35
Middle Line (EMA 20)
$130.28
Lower Channel
$105.21
Squeeze Status
No Squeeze

Takeaway:Direxion Daily Semiconductor Bull 3X ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume88.16M
Money Flow Index59.16Neutral, balanced money flows with no clear signal.
Relative Vigor Index65.16Bullish, price momentum strongly favors buyers.

Overall Takeaway:SOXL shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Direxion Daily Semiconductor Bull 3X ETF (AMEX: SOXL), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Direxion Daily Semiconductor Bull 3X ETF are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SOXL) Technical Analysis FAQ