Direxion Daily Semiconductor Bear ETF gains 13.63%, faces $42.90 upper Bollinger band

The Direxion Daily Semiconductor Bear 3X Shares ETF closed Wednesday at $42.52 , gaining 13.63% . SOXS holds above its daily pivot but faces resistance near the daily upper Bollinger band at $42.90, leaving the daily bias constructive yet unconfirmed. Key takeaways SOXS closed Wednesday at $42.52, a 13.63% gain from the previous close of $37.42, on volume of 88,735,800 shares . Daily RSI14 is 56.28 , above the neutral 50 threshold and below overbought territory. The daily MACD histogram is positive at 1.83 , with the MACD line at -2.65 above its signal at -4.48. Hourly RSI14 is 74.45 , in overbought territory on the shorter timeframe. The ETF stands above the daily pivot of $41.63 and below daily first resistance at $43.84 .

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