Soxl ETF Forecast

Buy or Hold candidate since Apr 07, 2026 Gain 318.25%

The SOXL ETF price increased 9.96% on the last trading day (Monday, 29th Jun 2026), climbing from $215.10 to $236.52. Throughout the last trading day, the ETF experienced a fluctuation of 24.10%, with a low of $192.30 and a high of $238.65. The price has risen in 6 out of the last 10 days and has increased by 0.78% over the past 2 weeks. Volume also rose on the last day alongside the price, indicating a positive technical signal. In total, 49 million more shares were traded compared to the previous day. Overall, 49 million shares were exchanged for approximately $11.54 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 $218.70 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 232.78% during the next 3 months and, with a 90% probability hold a price between $727.78 and $1,060.74 at the end of this 3-month period.

SOXL Signals & Forecast

The SOXL ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $249.26. On a fall, the ETF will find some support from the long-term average at approximately $216.06. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Monday, June 22, 2026, and so far it has fallen -21.36%. 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).

Support, Risk & Stop-loss for SOXL ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $201.68 and $182.54. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, SOXL finds support just below today's level at $201.68. If this is broken, then the next support from accumulated volume will be at $182.54 and $180.65.

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 $46.35 between high and low, or 24.10%. For the last week, the ETF has had daily average volatility of 15.54%.

Our recommended stop-loss: $222.47 (-5.94%) (This ETF has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (SOXL) For The Upcoming Trading Day Of Tuesday 30th

For the upcoming trading day on Tuesday, 30th we expect Direxion Daily Semicondct Bull 3X ETF to open at $222.49, and during the day (based on 14 day Average True Range), to move between $217.35 and $255.69, which gives a possible trading interval of +/-$38.33 (+/-17.64%) 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 17.64% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $252.61 (6.80%) than the support at $201.68 (14.73%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

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

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.

Current score: 1.036 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 30, 2026 - $222.49 ( 5.93%).

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