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Direxion Daily Semiconductor Bull 3X Shares

Direxion Daily Semiconductor Bull 3X Shares technical analysis

SOXLTrading--Leveraged Equity Updated daily

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Description generated automatically from public sources; it may be inaccurate or out of date.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 October 21, 2026, computed on the last 12 months of prices.

Close103.29 $
Change+5.88%
RSI (14)37.1
MACD-9.069
ADX23.4
Volatility (ATR)11.96%
Volume vs 20-avg99%
12-month high301.80 $
12-month low91.35 $

Moving averages

21 sessions

135.01 $

−23.50%

50 sessions

127.26 $

−18.84%

200 sessions

122.78 $

−15.88%

Session levels

s2

85.91

Support

s1

91.73

Support

pivot

97.17

Pivot

r1

103.00

Resistance

r2

108.44

Resistance

How to read it

In the October 21, 2026 session Direxion Daily Semiconductor Bull 3X Shares closed higher at 103.29 $, +5.88% versus the previous session.

The price sits below every moving average observed: −23.50% against the 21-session average, −18.84% against the 50 and −15.88% against the 200.

The 14-period RSI reads 37.1, in neutral territory.

MACD stands at -9.069 against a signal line at -3.169: the histogram is negative (−5.900).

ADX reads 23.4, indicating weak directionality.

Levels computed on the latest session place supports at 91.73 and 85.91 $ and resistances at 103.00 and 108.44 $, around a pivot of 97.17.

The average daily range (ATR) is 12.352 $, or 11.96% of price.

Turnover was 72.7M shares, 99% of the 20-session average.

Over the last twelve months the price ranged between 91.35 and 301.80 $, and today stands −65.78% 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.

Read the full Montbon Score methodology →

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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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.

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