


Technical Sentiment Analysis for Direxion Daily Semiconductor Bear 3X ETF (SOXS). As of 2026-05-06, Direxion Daily Semiconductor Bear 3X ETF (SOXS) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 5 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SOXS stands at 22.35, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -5.54, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 3.08 and the Commodity Channel Index (CCI) at -127.28 further confirm a -6.99 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SOXS is trading below its 60-day moving average of $30.63 and below its 200-day long-term moving average of $72.05. Key price levels to watch include the immediate resistance at $16.69 and strong support at $9.97. A break above $16.69 could signal a bull continuation, while falling below $9.97 may test the next Fibonacci floor at $6.52.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.25 | 6.52 | 9.97 | 13.24 | 16.69 | 19.96 | 23.41 |
| Fibonacci | 6.52 | 9.09 | 10.68 | 13.24 | 15.81 | 17.4 | 19.96 |
2026-05-06
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 22.35 |
| Stochastic Oscillator | 3.08 |
| Stochastic RSI | 3.04 |
| Commodity Channel Index (CCI) | -127.28 |
| Awesome Oscillator | -13.43 |
| Momentum | -6.99 |
| MACD | -5.54 |
2026-05-06
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 12.17 | Sell |
| 10-Day | 13.41 | Sell |
| 20-Day | 17.01 | Sell |
| 60-Day | 30.63 | Sell |
| 200-Day | 72.05 | Sell |
| 250-Day | 97.5 | Sell |