Daily Semiconductor Bear 3XSOXS

Daily Semiconductor Bear 3X (SOXS) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for SOXS · data as of Aug 31, 2026. The chart above is live; the read below updates daily.

$49.32last close · Aug 31, 202652-week range $31.70 – $1,556.00 · 96.83% below the high

SOXS falling wedge pattern

SOXS is currently forming a falling wedge on the daily timeframe. Detected Aug 31, 2026.

A falling wedge usually breaks higher, but SOXS is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $778.60 (−31.1%).

DirectionBearishTarget$778.60Projected move−31.1%Breakout level$1,206.84

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

SOXS's most recent falling wedge trade

SOXS's most recent completed falling wedge resolved as a win: it broke higher on Oct 14, 2026 near $41.82, then reached its target at $58.23 on Nov 10, 2026 — a 39.2% move (+2.67R) over 19 sessions. Across 137,399 backtested falling wedges, this setup wins 42.3% of the time.

OutcomeWinResult+39.2%R+2.67REntry$41.82Exit$58.23

Learn about falling wedge

SOXS pattern trade history

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

PatternEntryExitOutcomeResult
Falling wedgeOct 14, 2026 @ $41.82Nov 10, 2026 @ $58.23Win+57.8% · +2.67R
TriangleSep 1, 2026 @ $52.30Sep 9, 2026 @ $44.80Loss+25.9% · -1.22R
Falling wedgeMar 3, 2026 @ $400.00Apr 7, 2026 @ $348.20Loss+34.5% · -1.08R
Falling wedgeJan 29, 2026 @ $379.59Feb 12, 2026 @ $330.00Loss+64.0% · -1.57R
Falling wedgeJan 9, 2026 @ $484.19May 6, 2026 @ $110.83Win+77.1% · +2.60R
Falling wedgeJan 5, 2026 @ $510.22May 4, 2026 @ $128.53Win+74.8% · +3.24R
Falling wedgeNov 7, 2025 @ $755.27Nov 25, 2025 @ $832.00Win+20.5% · +0.64R
Falling wedgeOct 27, 2025 @ $689.01Nov 18, 2025 @ $890.00Loss+22.9% · -1.00R
Falling wedgeSep 18, 2025 @ $1,124.00Oct 20, 2025 @ $759.03Win+34.0% · +0.84R
Falling wedgeSep 2, 2025 @ $1,540.00Sep 12, 2025 @ $1,262.00Loss+25.4% · -1.09R
TriangleAug 6, 2025 @ $1,655.89Aug 11, 2025 @ $1,476.00Loss+4.5% · -1.15R
TriangleAug 5, 2025 @ $1,621.11Aug 11, 2025 @ $1,476.00Loss+7.9% · -1.59R

Falling wedge examples on other charts

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

Learn about falling wedge

SOXS support and resistance levels

Price found a floor near $33.83 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $397.90 — still about 707% away.

  • Traders commonly watch $397.90 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $33.83 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

SOXS recent daily prices

DateOpenHighLowClose
Aug 31, 2026$49.27$49.78$48.09$49.32
Aug 28, 2026$46.61$50.23$46.15$49.82
Aug 27, 2026$45.42$47.71$44.71$45.35
Aug 26, 2026$49.01$49.89$47.87$48.09
Aug 25, 2026$47.82$49.83$46.66$48.42
Aug 24, 2026$49.14$52.81$49.13$50.75
Aug 21, 2026$44.67$48.46$44.65$47.03
Aug 20, 2026$47.33$48.29$45.47$46.25
Aug 19, 2026$42.83$48.34$42.48$47.05
Aug 18, 2026$42.89$45.83$41.94$44.19

SOXS frequently asked questions

What chart pattern is SOXS forming right now?
As of Aug 31, 2026, TradingPal's detector identifies a falling wedge on Daily Semiconductor Bear 3X (SOXS) on the daily chart, with a measured-move target of $778.60.
Is a falling wedge bullish or bearish?
The falling wedge detected on SOXS is a bearish pattern, projecting a measured-move target of $778.60. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if SOXS's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $778.60 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SOXS's closing price on Aug 31, 2026?
Daily Semiconductor Bear 3X (SOXS) last closed at $49.32 on Aug 31, 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.