Daily Semiconductor Bull 3XSOXL

Daily Semiconductor Bull 3X (SOXL) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for SOXL · data as of Aug 28, 2026. The chart above is live; the read below updates daily.

$111.34last close · Aug 28, 202652-week range $23.80 – $302.00 · 63.13% below the high

SOXL triangle pattern

SOXL is currently forming a triangle on the daily timeframe. Detected Aug 28, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $82.47 (+62.5%).

DirectionBullishTarget$82.47Projected move+62.5%Breakout level$54.64

New to this pattern? What a triangle is and how to trade it →

SOXL's most recent falling wedge trade

SOXL's most recent completed falling wedge resolved as a win: it broke higher on Sep 4, 2026 near $111.22, then reached its target at $148.18 on Oct 9, 2026 — a 33.2% move (+2.93R) over 24 sessions. Across 137,399 backtested falling wedges, this setup wins 42.3% of the time.

OutcomeWinResult+33.2%R+2.93REntry$111.22Exit$148.18

Learn about falling wedge

SOXL pattern trade history

Every completed pattern trade our nightly backtest found on SOXL's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling wedgeSep 4, 2026 @ $111.22Oct 9, 2026 @ $148.18Win+129.9% · +2.93R
TriangleSep 1, 2026 @ $103.05Oct 2, 2026 @ $165.39Loss+58.5% · -1.16R
Falling wedgeAug 7, 2026 @ $143.59Aug 20, 2026 @ $119.99Loss+94.3% · -1.03R
Falling wedgeAug 7, 2026 @ $143.59Aug 20, 2026 @ $119.99Loss+94.3% · -1.03R
TriangleMar 3, 2026 @ $53.60Apr 10, 2026 @ $74.30Loss+31.2% · -1.10R
TriangleFeb 27, 2026 @ $61.37Mar 6, 2026 @ $48.26Win+21.4% · +1.19R
Rising wedgeFeb 26, 2026 @ $63.93Mar 6, 2026 @ $50.40Win+21.2% · +1.61R
TriangleJan 9, 2026 @ $52.82Feb 2, 2026 @ $59.46Win+38.6% · +1.41R
TriangleJan 6, 2026 @ $52.15Feb 2, 2026 @ $59.46Win+33.4% · +1.03R
Rising wedgeNov 14, 2025 @ $35.74Jan 5, 2026 @ $50.76Loss+26.2% · -1.00R
Rising wedgeNov 13, 2025 @ $39.68Nov 20, 2025 @ $31.29Win+21.2% · +0.76R
TriangleOct 27, 2025 @ $45.49Nov 5, 2025 @ $43.22Loss+15.3% · -0.29R

Triangle examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about triangle

SOXL support and resistance levels

Price was turned away at a ceiling near $290.76 about 8 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $39.52 — still about 65% away.

  • Traders commonly watch $39.52 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $290.76 ceiling about 8 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

SOXL recent daily prices

DateOpenHighLowClose
Aug 28, 2026$119.92$121.20$110.21$111.34
Aug 27, 2026$123.40$124.88$117.69$123.05
Aug 26, 2026$114.70$117.39$112.53$116.60
Aug 25, 2026$117.37$119.88$113.13$115.67
Aug 24, 2026$115.07$115.07$106.00$111.16
Aug 21, 2026$126.59$126.79$116.71$120.60
Aug 20, 2026$119.99$124.56$117.42$122.21
Aug 19, 2026$132.63$133.74$116.84$120.74
Aug 18, 2026$134.20$137.60$122.40$129.10
Aug 17, 2026$150.61$156.92$148.90$151.53

SOXL frequently asked questions

What chart pattern is SOXL forming right now?
As of Aug 28, 2026, TradingPal's detector identifies a triangle on Daily Semiconductor Bull 3X (SOXL) on the daily chart, with a measured-move target of $82.47.
Is a triangle bullish or bearish?
The triangle detected on SOXL is a bullish pattern, projecting a measured-move target of $82.47. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if SOXL's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $82.47 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SOXL's closing price on Aug 28, 2026?
Daily Semiconductor Bull 3X (SOXL) last closed at $111.34 on Aug 28, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.