Direxion Daily Semiconductor Bear 3X ETF (SOXS) (SOXS, $39.78) entered Downtrend as Momentum indicator drops below 0 level on Oct 28, 2026

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SOXS - Direxion Daily Semiconductor Bear 3X ETF (SOXS)
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $39.78
Daily change: -$2.72 (-6.4%)
Daily volume: 65.8M
Net Assets: $4.8B

This indicator may be signaling that SOXS's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 97 similar cases where SOXS's Momentum Indicator fell below the 0 level, and 91 of them led to a successful outcome. Odds of Success: 90%.