Direxion Daily Semiconductor Bull 3X Shares technical analysis
Technical analysis of Direxion Daily Semiconductor Bull 3X Shares (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Direxion Daily Semiconductor Bull 3X Shares
SOXL is an exchange-traded fund that provides 3X daily leveraged exposure to the thirty largest U.S. listed semiconductor companies, tracking a market capitalization-weighted index. The fund invests at least 80% of its net assets in financial instruments such as swap agreements, index securities, and ETFs that track the index to achieve its investment objective.
Description generated automatically from public sources; it may be inaccurate or out of date.
Direxion Daily Semiconductor Bull 3X Shares: latest session data
Closing values for September 4, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
124.13 $
−5.52%
50 sessions
145.21 $
−19.23%
200 sessions
108.76 $
+7.84%
Session levels
s2
95.41
Support
s1
101.08
Support
pivot
104.28
Pivot
r1
109.95
Resistance
r2
113.15
Resistance
How to read it
In the September 4, 2026 session Direxion Daily Semiconductor Bull 3X Shares closed higher at 117.28 $, +9.87% versus the previous session.
The price sits mixed against its moving averages: −5.52% against the 21-session average, −19.23% against the 50 and +7.84% against the 200.
The 14-period RSI reads 45.4, in neutral territory.
MACD stands at -9.813 against a signal line at -10.325: the histogram is positive (+0.512).
ADX reads 19.6, indicating weak directionality.
Levels computed on the latest session place supports at 101.08 and 95.41 $ and resistances at 109.95 and 113.15 $, around a pivot of 104.28.
The average daily range (ATR) is 13.644 $, or 11.63% of price.
Turnover was 63.3M shares, 118% of the 20-session average.
Over the last twelve months the price ranged between 39.52 and 302.00 $, and today stands −61.17% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Direxion Daily Semiconductor Bull 3X Shares
How is Direxion Daily Semiconductor Bull 3X Shares analysed technically?
Technical analysis of Direxion Daily Semiconductor Bull 3X Shares is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Direxion Daily Semiconductor Bull 3X Shares?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Direxion Daily Semiconductor Bull 3X Shares?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Direxion Daily Semiconductor Bull 3X Shares it helps frame the technical structure of the historical chart and is not a forecast.
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