NASDAQ:SOXQ - Nasdaq - US46138G6153 - ETF - Currency: USD
Taking everything into account, SOXQ scores 7 out of 10 in our technical rating. In the last year, SOXQ was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although SOXQ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
28.36
3 important support areas can be observed.
We can see 2 important resistance areas.
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 | 53.66 | NEUTRAL | SOXQ is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of SOXQ is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 66.71 | NEUTRAL | The RSI value for SOXQ is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SOXQ has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 80.39 | OVERBOUGHT | The high Stochastics value suggests SOXQ may be overbought. |
Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for SOXQ suggests some volalility. |
Average Directional Index/ADX (14) | 19.71 | NEGATIVE | The low ADX value for SOXQ suggests a weak or negative trend. |
NASDAQ:SOXQ (6/4/2025, 5:20:02 PM)
39.7
+0.59 (+1.51%)