SOXL Direxion Daily Semiconductor Bull 3X ETF
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 18-month channel rising
Closed below support (US$128.06). Treat the buy level with caution.
- 18-month channel
- US$128.06 – US$460.21 · rising, more than +100% a year
- Price in channel
- −15% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$460.21
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -74% from US$301.4222 June 2026 → 30 Oct 2026
- Whose problem it was
- This company1 of 8 Asset Management - Leveraged peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 0%of what it lost
- What the record says
- 67% of 4 comparable falls came back, typically in 199 days measured on its own peer group
Fell -74% (22 June 2026 → 30 Oct 2026); regained 0% so far; company-specific.
Buy and target use the recovery path, not the channel.
Reported at the time: Why Tuesday’s Semiconductor Crash Went Further Than It Should Have — 23 June 2026
Price history, with the path projected 3 months forward
Updated 6:32 PM ET (41 h ago)
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$76.99
level as at 1 Nov 2026
Our target
US$316.99
by 17 May 2027
Projected move
311.7%
gross, before costs
Price is between our buy and target.
Target: recovery of the recent fall.
This move size: reached in 18% of 11 past stretches, typically in 197 days. (1.58% per day)
- Upper line touches
- 2
- Lower line touches
- 3
- Fit confidence
- 43%
- Fitted
- 1 Nov 2026
Company information
About Direxion Daily Semiconductor Bull 3X ETF
The Direxion Daily Semiconductor Bull and Bear 3X Exchange-Traded Funds (ETFs) are engineered to deliver daily investment outcomes that are triple (300%) the movement of the NYSE Semiconductor Index, or triple the inverse (opposite) of its performance, prior to the deduction of fees and expenses. It is important to note that these funds offer no guarantee of successfully reaching their stated investment targets.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Country
- US
https://www.direxion.com/product/daily-semiconductor-bull-bear-3x-etfs
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$35.30B
- Enterprise value
- —
- Beta
- 7.64
- Avg volume
- 63.43M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 28.12-302
- Exchange
- AMEX
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.