SOXS Direxion AMEX $1.91 -7.28% pre-market Jan 28 2026: volume spike
SOXS stock opened pre-market on AMEX at $1.91, down 7.28% from yesterday. Volume is heavy at 330,877,801 shares versus an average of 386,137,929. The ETF gives inverse 3x exposure to the NYSE Semiconductor Index. Traders are watching the gap toward the year low $1.86 and the wide 50/200-day averages. We provide quick, data-driven analysis for pre-market action and near-term setups.
SOXS stock pre-market price and volume
SOXS stock trades at $1.91 on the AMEX in the United States. The one-day change is -7.28%, a decline from yesterday’s close of $2.06. Volume sits at 330,877,801 shares against an average volume of 386,137,929, indicating active trading interest. The ETF opened at $1.97 and hit an intraday high of $2.00 and low of $1.88. The year high remains $53.43 and the year low is $1.86.
Technical indicators and trend for SOXS stock
Momentum indicators show oversold conditions. The RSI is 33.86 and MACD is -0.26 with a signal of -0.21. Trend strength is weak with an ADX of 13.45. Bollinger middle band sits at $2.99, giving immediate resistance. ATR is 0.25, showing elevated intraday volatility. These readings suggest short-term downside risk, but possible snapbacks on improving semiconductor weakness.
Fund structure, sector context and financials
Direxion Daily Semiconductor Bear 3X Shares is an inverse leveraged ETF. The fund uses swaps and futures to deliver -3x daily exposure to the NYSE Semiconductor Index. Market cap is approximately $1,009,319,597.00. Dividend per share TTM is $0.34, implying a yield near 17.77% at current price levels. The ETF has no PE or EPS metrics given its structure. Sector pressure in semiconductors drives SOXS performance directly.
Meyka AI rates SOXS with a score out of 100 and technical grade
Meyka AI rates SOXS with a score out of 100 at 62.81, graded B with a suggestion: HOLD. This grade factors in S&P 500 comparison, sector performance, industry data, financial growth, key metrics, forecasts, and analyst consensus. Technical signals are mixed, so the grade reflects both downside risk and tactical short exposure value. These grades are informational and not financial advice.
Meyka AI forecast model and price targets for SOXS stock
Meyka AI’s forecast model projects a quarterly price target of $3.71 for SOXS stock. Compared to the current $1.91, that implies an upside of 94.24%. The model shows a one-month movement of -0.38 in its output. Forecasts are model-based projections and not guarantees. Short-term support lies near $1.86 and resistance near $2.99 and $3.73 on Bollinger bands.
Trading implications, risk and strategy for most active traders
SOXS is a high-volatility, inverse leveraged ETF for intraday traders and hedgers. Use tight risk controls because daily reset and leverage cause path-dependent returns. Watch liquidity; average volume is high at 386,137,929 shares, but intraday spreads can widen. Consider limit orders and small position sizing. For longer horizons, evaluate alternatives to avoid compounding effects around trending semiconductor moves.
Final Thoughts
Key takeaways: SOXS stock trades pre-market on AMEX at $1.91, down 7.28%, with heavy volume at 330,877,801 shares. Technicals show oversold momentum (RSI 33.86) and weak trend strength (ADX 13.45). The ETF structure delivers inverse -3x exposure to the NYSE Semiconductor Index and carries compounding risk for multi-day holds. Meyka AI’s forecast model projects a quarterly target of $3.71, implying a theoretical upside of 94.24% versus the current price. A conservative downside scenario targets $1.50, implying -21.47% from today. These figures are model outputs and not guarantees. Traders should weigh short-term hedging value against leveraged risks and use strict position sizing and stop rules. Meyka AI, an AI-powered market analysis platform, provides this snapshot to help frame intraday setups and risk management choices.
FAQs
What drives moves in SOXS stock?
SOXS stock moves primarily with daily changes in the NYSE Semiconductor Index. It uses derivatives for -3x exposure, so sector news, earnings, and macro data on chip demand drive large short-term swings.
Is SOXS stock suitable for long-term holding?
SOXS stock is not ideal for long-term buy-and-hold due to daily reset and leverage. Compounding makes multi-day returns unpredictable versus the index. It suits traders and short-term hedgers only.
How should I size a trade in SOXS stock?
Size positions conservatively and use stop losses. Start with small allocations, monitor intraday volatility, and prefer limit orders. Always account for leverage and path-dependent returns.
Where can I find real-time SOXS stock news?
Use major market feeds and ETF pages. Reliable sources include Nasdaq’s SOXS page and Seeking Alpha for updates and commentary source source.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
