NAS10028,385−3.46%S&P7,580−1.82%GOLD$3,899−3.29%BTC$77,090−0.88%VIX19.42+12.91%latest tape · as of 04:02 UTC
The Screen · Financials
SOXLDirexion Daily Semiconductor Bull 3X ETF
SOXL · NYSE ARCA · USD
The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the…
FAIL · Does not pass the screen
83.56 USD
Price as of 23 Oct 2026Daily close, not a live quoteLast reviewed 8 days ago
Screened 2026-10-23 · the tape above runs as of 04:02 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
Price83.56 USD at the 23 Oct 2026 close
Ethical screenDoes not pass
OptionsOpen interest leans to puts (put/call 3.69)
Last reviewed23 Oct 2026 (8 days ago)
A summary of the dated readings below, not a live quote and not advice.
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 83.56 against the desk's fair-value range, over the last year.
Positioning no disclosures inside 60 days, left as found
Options put/call open interest 3.69, read 2026-10-30
Ethical does not pass the values gate
Price83.56 USD
Ethical score30.0/100
Our investment reviews on this name
2026-10-25Read Distribution110.54-24.4% to today ✓Accumulation gives way to Distribution
2026-10-18Read Accumulation110.54-24.4% to today Markup gives way to Accumulation after an 11% slide in 2 weeks
2026-10-02Read Markup123.67-32.4% to today Markdown gives way to Markup after a 45% slide in 3 weeks
2026-09-13Read Markdown223.99-62.7% to today ✓Distribution gives way to Markdown while volume still accumulates
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Direxion Daily Semiconductor Bull 3X ETF holds its Distribution at $83.56. Consolidating, no directional conviction, held for 48 days.
As held on the ledger · 2026-10-23
Phase
Distribution · caution
Quantitative state
Consolidating, no directional conviction, held for 48 days
Price at the screen
$83.56
Valuation
50.54 trailing · N/A forward price to earnings
Values screen
FAIL· score 30.0
The Workings
Five Screens, Shown in Full
Does not pass. Financial sector: Financial
Test
Figure
Limit
What it means
Status
Business activity
Excluded
Core business clean
Financial sector: Financial
Fail
Debt load
Excluded
Below 33%
Interest-bearing debt is of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
Excluded
Below 33%
Interest-bearing cash and securities are of assets, above the one-third limit.
Fail
Receivables
Excluded
Below 49%
Money owed to the company is of assets, above the 49% limit.
Fail
Revenue purity
Excluded
Below 5%
of revenue comes from non-compliant sources, over the 5% line.
Fail
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Falls Short, in Plain English
Direxion Daily Semiconductor Bull 3X ETF does not clear the screen at the business-activity stage. It operates in conventional financial services, which the screen treats as interest-based, so the financial ratios are not the deciding factor here.
Read as at 2026-10-30. It updates when the underlying figures move, and past reads are kept below.
Follow this verdict
Get an email when SOXL's ethical verdict changes
Today SOXL does not pass the screen. If new figures move it to a pass, we send you one short email with the before and after. Verdicts change rarely, so you may not hear from us for a long time.
Free, no account needed. Every email has a link to stop.
50.5xexpensive: the price assumes strong growth ahead
Dividend yield
3.00%
52-week range
20.28 - 284.58
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
SOXL trades on NYSE ARCA. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from accumulation to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 11% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 725%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
The framework has shifted from markup to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 10.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 288% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 725%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-10-11Markup$123.67+0.0%Entry 7
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 288% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 725%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-10-02Markup · changed$123.67-44.8%Entry 6
The framework has shifted from markdown to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 44.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 288% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 725%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-09-13Markdown · changed$223.99+0.0%Entry 5
The framework has shifted from distribution to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 288% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 725%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 288% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 725%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-07-18Markup$223.99+0.0%Entry 3
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 288% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 725%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-07-03Markup$223.99+0.0%Entry 2
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Markup$223.99Entry 1
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
What Holding Actually Paid · Price Plus Dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$190.42
-5.5%
·
$945
-5.5%
2 months
$76.39
+135.7%
·
$2,357
+135.7%
3 months
$50.28
+258.1%
·
$3,581
+258.1%
6 months
$48.79
+269.0%
·
$3,690
+269.0%
1 year
$21.81
+725.3%
$0.08
$8,256
+725.6%
2 years
$53.20
+238.4%
$0.43
$3,392
+239.2%
3 years
$21.95
+720.1%
$0.60
$8,228
+722.8%
5 years
$38.31
+369.9%
$0.74
$4,718
+371.8%
Historical returns from market close data. Past performance does not guarantee future results.
The Ledger's Promise
This entry now belongs to the ledger. Whatever SOXL does next, these words stay.
Direxion Daily Semiconductor Bull 3X ETF · SOXL · Distribution · $83.56
Recorded 2026-10-23 · before the outcome · scored mechanically