SOXL ETF price up 2.24% on Tuesday

The SOXL ETF price gained 2.24% on the last trading day (Tuesday, 21st Apr 2026), rising from $95.94 to $98.09. It has now gained 10 days in a row. It is not often that ETFS manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the ETF fluctuated 4.86% from a day low at $95.32 to a day high of $99.95. The price has risen in 10 of the last 10 days and is up by 73.46% 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, 15 million more shares were traded than the day before. In total, 62 million shares were bought and sold for approximately $6.11 billion.

Given the current short-term trend, the ETF is expected to rise 11.04% during the next 3 months and, with a 90% probability hold a price between $47.77 and $108.92 at the end of this 3-month period.

Mostly positive signals in the chart today. 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 $89.84 and $61.62. 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 141.48%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy 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 $94.68 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 $4.63 between high and low, or 4.86%. For the last week, the ETF has had daily average volatility of 5.95%.

Since the SOXL has been rising for 10 days in a row, the risk over the next couple of days has increased. We don't expect a major reaction as the ETF is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.

SOXL holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.