On Tuesday, SOXL ETF price gained an impressive 15.88%

The SOXL ETF price gained 15.88% on the last trading day (Tuesday, 21st Jul 2026), rising from $136.81 to $158.54. During the last trading day the ETF fluctuated 7.91% from a day low at $148.87 to a day high of $160.64. The price has been going up and down for this period, and there has been a -4.08% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 54 million shares were bought and sold for approximately $8.60 billion.

The ETF lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $137.52 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift.Given the current short-term trend, the ETF is expected to rise 24.22% during the next 3 months and, with a 90% probability hold a price between $170.83 and $399.13 at the end of this 3-month period.

There are mixed signals in the ETF today. The SOXL ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $211.86. On a fall, the ETF will find some support from the short-term average at $154.41. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, June 22, 2026, and so far it has fallen -47.29%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

SOXL finds support from accumulated volume at $151.89 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 $11.77 between high and low, or 7.91%. For the last week, the ETF has had daily average volatility of 15.41%.

SOXL holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.We have upgraded our analysis conclusion for this ETF since the last evaluation from a Strong Sell to a Sell candidate.