SHOC US SEMICON EQUITY ETF (SHOC) Stock Technical Analysis
NYSE:SHOC - New York Stock Exchange, Inc. - US02072L6728 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to SHOC. In the past year, SHOC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Warning: SHOC has an average volume of 18008 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SHOC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, SHOC outperforms 41% of them, which is more or less in line with the market.
SHOC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHOC is lagging the market slightly.
SHOC has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.96
49.93
We found 1 important support area.
- Support @34.30 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 45.82 to 46.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.87 to 46.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 48.00 to 49.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SHOC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHOC is up. |
| ChartMill Relative Strength | 41.37 | NEUTRAL | SHOC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHOC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHOC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHOC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.47 | NEUTRAL | The RSI value for SHOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests SHOC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.38 | OVERBOUGHT | The high Stochastics value suggests SHOC may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for SHOC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for SHOC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:SHOC (5/23/2025, 11:23:02 AM)
44.92
-0.91 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.99%
1 Week-2.7%
2 Weeks8.44%
1 Month15.79%
3 Month-3.05%
6 Month-0.14%
12 Month-3.61%
2 Year40.06%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%2.06%
ATR Inc-9.16%
Range Today0.19
ADR(20)0.71
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.37
Mansfield-0.22
10 Day High47.4
10 Day Low42.18
20 Day High47.4
20 Day Low38.72
52 Week High54.67
52 Week Low31.89
CS1 End45.82
CR1 Start46.87
Volume & EV
DER(3)0.69%
DER(5)0.83%
Volume6.51K
Volume Incr-12.5%
Vol(5)10.08K
Vol(50)18.01K