Taking everything into account, SOXQ scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SOXQ is showing a nice and steady performance.
Although SOXQ has an excellent technical rating, it does not present a decent entry opportunity 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
49.93
4 important support areas can be observed.
- A support zone ranging from 57.76 to 58.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.66 to 55.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.77 to 53.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.43 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for SOXQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOXQ is up. |
| ChartMill Relative Strength | 88.8 | POSITIVE | SOXQ has a high relative strength, it outperformed 88.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOXQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOXQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOXQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.16 | NEUTRAL | The RSI value for SOXQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests SOXQ has a positive trend. |
| Stochastics (14,3) | 86.05 | OVERBOUGHT | The high Stochastics value suggests SOXQ may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for SOXQ suggests some volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for SOXQ suggests a weak or negative trend. |
60.13
+1.61 (+2.75%)
INVESCO PHLX SEMICONDUCTOR / SOXQ FAQ
Can you provide the ChartMill technical rating for INVESCO PHLX SEMICONDUCTOR?
ChartMill assigns a technical rating of 10 / 10 to SOXQ.
What is the current trend direction of INVESCO PHLX SEMICONDUCTOR (SOXQ) stock?
The current trend direction for INVESCO PHLX SEMICONDUCTOR (SOXQ) is Bullish.
What is the RSI signal for SOXQ stock?
INVESCO PHLX SEMICONDUCTOR (SOXQ) has an RSI value of 63.1609. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INVESCO PHLX SEMICONDUCTOR?
The short term momentum for INVESCO PHLX SEMICONDUCTOR (SOXQ) is positive.
What is the buy/sell signal for INVESCO PHLX SEMICONDUCTOR (SOXQ) stock?
The buy/sell signal for INVESCO PHLX SEMICONDUCTOR (SOXQ) is buy as both the short term and long term trends are positive.