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Uptrend Call Working As Direxion Daily Semiconductors Bull 3x Stock Rises 20.8% (SOXL)

By Nick Russo

SmarTrend identified an Uptrend for Direxion Daily Semiconductors Bull 3x (NYSE:SOXL) on October 17th, 2013 at $56.62. In approximately 3 months, Direxion Daily Semiconductors Bull 3x has returned 20.84% as of today's recent price of $68.42.

Direxion Daily Semiconductors Bull 3x share prices have moved between a 52-week high of $69.54 and a 52-week low of $28.30 and are now trading 142% above that low price at $68.42 per share. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.2%.

Direxion Daily Semiconductors Bull 3x Shares is an exchange-traded fund incorporated in the USA. The Fund's objective is daily investment results, before fees and expenses, of 300% of the price performance of the Philadelphia Semiconductors Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Direxion Daily Semiconductors Bull 3x shares.

Log in and add Direxion Daily Semiconductors Bull 3x (SOXL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights direxion daily semiconductors bull 3x

Ticker(s): SOXL