(SOXL) Direxion Daily - Ratings and Ratios

The Direxion Daily Semiconductor Bull 3X Shares (SOXL) is a leveraged exchange-traded fund (ETF) designed to provide 3x daily returns of the PHLX Semiconductor Sector Index (SOX). The fund achieves this exposure through a combination of financial instruments, including swap agreements, index securities, and ETFs tracking the index. At least 80% of its net assets are allocated to these instruments. The SOX index is a modified float-adjusted, market-capitalization-weighted index that includes the 30 largest U.S.-listed semiconductor companies, offering a targeted view of the semiconductor sectors performance.

Over the next three months, SOXL is expected to exhibit heightened volatility, given its 3x leverage and the semiconductor sectors sensitivity to market conditions. Based on , the funds short-term trend may face resistance at 16.6 and support at 11.8. The significant gap between the SMA 20 (11.60) and SMA 50 (18.29) suggests a potential downtrend, while the SMA 200 (30.12) indicates longer-term bearish momentum. The Average True Range (ATR) of 2.00 signals moderate volatility. With an AUM of $7,434.28M, as noted in , the fund maintains substantial liquidity, but traders should monitor the 20-day average volume of 316,869,808 for potential trend reversals.