Price at 111.34 sits in a technical squeeze: RSI(14) at 40.54 is oversold-leaning but not extreme, leaving room for a bounce without being overbought. MACD at -10.09 has crossed above its signal at -10.23, a first hint of downside momentum exhaustion. However, the wide 49-point gap between price and the 50-SMA confirms the intermediate trend remains broken, so any long is countertrend against a declining medium-term structure. The 107.08 200-SMA is the pivotal line — holding it preserves the multi-quarter uptrend thesis.
$SOXL
LongTechnical snapshot
as of Aug 28, 2026Chart
Daily close with 50/200-day SMA and volume · Aug 28, 2026
Latest read
From the Aug 30, 2026 Playbook →SOXL — frequently asked
- Is SOXL above its 200-day moving average?
- Yes — $SOXL is trading 4.00% above its 200-day moving average (around 107.08), which reflects a long-term uptrend. (Educational only, not financial advice.)
- Is SOXL overbought or oversold?
- SOXL's 14-day RSI is 41, which is neutral. RSI above 70 is overbought, below 30 is oversold, and in between is neutral. (Educational only, not financial advice.)
- What is SOXL's RSI?
- SOXL's current 14-day RSI is 41 (neutral). (Educational only, not financial advice.)
- Is SOXL in an uptrend or a downtrend?
- SOXL's 50-day moving average (160.10) is above its 200-day (107.08), a bullish (golden-cross) structure. (Educational only, not financial advice.)
- What is the latest read on SOXL?
- Our most recent Daily Playbook reads SOXL as Long (#4 · Long · 111.34). (Educational only, not financial advice.)
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Educational only. Not financial advice. Technicals are end-of-day and may lag live prices.