Soxl ETF Forecast

Sell candidate since Jul 01, 2026 Loss -37.11%

The SOXL ETF price increased 0.99% on the most recent trading day (Monday, 20th Jul 2026), moving up from $135.47 to $136.81. During that trading session, the ETF experienced a fluctuation of 9.62%, with a low of $135.69 and a high of $148.74. The price has declined in 6 out of the last 10 days, showing a decrease of -29.71% for that timeframe. The trading volume dropped by -53 million shares on the last day, with a total of 52 million shares exchanged, amounting to approximately $7.05 billion. It is important to note that declining volume alongside rising prices can indicate divergence, serving as a potential early warning for changes in the coming days.

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 $136.69 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 29.76% during the next 3 months and, with a 90% probability hold a price between $177.36 and $420.29 at the end of this 3-month period.

SOXL Signals & Forecast

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The SOXL ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $159.23 and $213.74. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 22, 2026, and so far it has fallen -54.51%. 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

SOXL finds support from accumulated volume at $135.47 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 $13.06 between high and low, or 9.62%. For the last week, the ETF has had daily average volatility of 15.96%.

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 Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Direxion Daily Semicondct Bull 3X ETF to open at $140.41, and during the day (based on 14 day Average True Range), to move between $120.51 and $153.11, which gives a possible trading interval of +/-$32.60 (+/-27.05%) 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 27.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $135.47 (0.98%) than the resistance at $151.75 (10.92%), 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?

The SOXL ETF holds several negative signals and despite the positive trend, we believe SOXL will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -5.532 Strong Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on July 21, 2026 - $140.41 ( 2.63%).

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