Big movements in SOXL ETF price on Monday moving 11.38% between high and low

The SOXL ETF price gained 1.20% on the last trading day (Monday, 1st Jun 2026), rising from $224.34 to $227.03. During the last trading day the ETF fluctuated 11.38% from a day low at $210.14 to a day high of $234.06. The price has risen in 7 of the last 10 days and is up by 38.28% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 9 thousand more shares were traded than the day before. In total, 37 million shares were bought and sold for approximately $8.33 billion.

The ETF lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the ETF is expected to rise 291.09% during the next 3 months and, with a 90% probability hold a price between $646.53 and $959.94 at the end of this 3-month period.

The SOXL ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $212.67 and $148.96. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 30, 2026, and so far it has risen 458.91%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

SOXL finds support from accumulated volume at $217.98 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this ETF is considered to be "very high risk". During the last day, the ETF moved $23.92 between high and low, or 11.38%. For the last week, the ETF has had daily average volatility of 12.06%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SOXL ETF to perform well in the short-term.