Direxion Daily Semiconductor Bear 3X Shares Price & Performance (SOXS)

Direxion Daily Semiconductor Bear 3X Shares (SOXS) plunged 17.4% to $19.08 on Thursday, marking its third consecutive day of losses. Trading volume surged to 105 million shares, indicating heightened risk and volatility. Technical signals remain negative, and analysts expect continued weakness in the near term.123

Technical analysis points to a bearish outlook for SOXS, with the ETF falling over 59% since an April 8 pivot and now trading near key support at $18.92. Despite a wide trading range, experts recommend staying on the sidelines as the probability of a bullish reversal remains low.134

Over the past 15 years, SOXS has declined each year, averaging a 38.8% loss annually. The ETF is currently trading well below historical medians, reinforcing a high-risk profile. Analysts rate SOXS as a sell, citing its consistent underperformance and increased volatility in recent sessions.567