SOUX

Technical Sentiment Analysis for Defiance Daily Target 2X Long SOUN ETF (SOUX). As of 2026-03-04, Defiance Daily Target 2X Long SOUN ETF (SOUX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 3 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SOUX stands at 42.98, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.92, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 61.91 and the Commodity Channel Index (CCI) at 48.01 further confirm a 1.4 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, SOUX is trading below its 60-day moving average of $11.46 and below its 200-day long-term moving average of $27.27. Key price levels to watch include the immediate resistance at $8.17 and strong support at $5.17. A break above $8.17 could signal a bull continuation, while falling below $5.17 may test the next Fibonacci floor at $3.67.