Soxl ETF Forecast

Sell candidate since Jul 01, 2026 Loss -35.53%

The SOXL ETF price increased 5.99% on the last trading day (Friday, 7th Aug 2026), rising from $132.33 to $140.25. During the last trading day, the ETF fluctuated 9.39% between a day low of $131.56 and a day high of $143.92. The price has increased in 5 of the last 10 days and has risen by 2.51% over the past 2 weeks. Volume decreased on the last day by -56 million shares, with a total of 0 shares traded for approximately $0. It's important to note that declining volume alongside rising prices can indicate divergence and may serve as an early warning for potential changes in the upcoming days.

The ETF lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -24.33% during the next 3 months and, with a 90% probability hold a price between $58.40 and $194.34 at the end of this 3-month period.

SOXL Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, August 05, 2026, and so far it has risen 6.19%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 $173.90. On a fall, the ETF will find some support from the short-term average at $127.24. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for SOXL ETF

SOXL finds support from accumulated volume at $136.81 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $12.36 between high and low, or 9.39%. For the last week the ETF has had daily average volatility of 12.53%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SOXL) For The Upcoming Trading Day Of Monday 10th

For the upcoming trading day on Monday, 10th we expect Direxion Daily Semicondct Bull 3X ETF to open at $138.58, and during the day (based on 14 day Average True Range), to move between $127.82 and $152.68, which gives a possible trading interval of +/-$24.86 (+/-19.45%) up or down from last closing price. If Direxion Daily Semicondct Bull 3X ETF takes out the full calculated possible swing range there will be an estimated 19.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $136.81 (2.45%) than the resistance at $151.89 (8.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Direxion Daily Semicondct Bull 3X ETF ETF A Buy?

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.

Current score: -2.835 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 10, 2026 - $138.58 ( 1.19%).

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