INVESCO PHLX SEMICONDUCTOR (SOXQ) Technical Analysis
NASDAQ:SOXQ • US46138G6153
Current stock price
61.65 USD
+0.23 (+0.37%)
At close:
62.17 USD
+0.52 (+0.84%)
Pre-Market:
SOXQ Technical Rating and Analysis
Taking everything into account, SOXQ scores 7 out of 10 in our technical rating. In the last year, SOXQ was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Looking at the yearly performance, SOXQ did better than 91% of all other stocks. We also observe that the gains produced by SOXQ over the past year are nicely spread over this period.
- SOXQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SOXQ is performing more or less in line with the market.
- SOXQ has an average volume of 1160590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month SOXQ has a been trading in the 55.78 - 63.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SOXQ Weekly and Daily overview Charts
SOXQ Setup Rating and Analysis
Besides having an excellent technical rating, SOXQ also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 61.53, a Stop Loss order could be placed below this zone.
More info and screens
SOXQ Support and Resistance Analysis
55.21
67.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 60.37 to 61.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.67 to 58.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 55.77 to 56.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 62.32 to 62.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 65.02 to 65.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.68 from a horizontal line in the daily time frame.
SOXQ Technical Indicator Signal Analysis
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 SOXQ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOXQ is neutral. |
| ChartMill Relative Strength | 91.63 | POSITIVE | SOXQ has a high relative strength, it outperformed 91.63% 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) | DOWN | NEGATIVE | The current price of SOXQ is below a declining 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) | 51.35 | NEUTRAL | The RSI value for SOXQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SOXQ has a positive trend. |
| Stochastics (14,3) | 69.5 | NEUTRAL | The Stochastics value for SOXQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for SOXQ suggests some volalility. |
| Average Directional Index/ADX (14) | 27.81 | POSITIVE | The high ADX value value for SOXQ suggests a strong trend. |
SOXQ Chart- and CandleStick Pattern Analysis
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)
SOXQ Technicals: Chart, Performance Metrics, Trend & Indicators
61.65
+0.23 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.37%
1 Week3.25%
2 Weeks-0.44%
1 Month0.05%
3 Month6.31%
6 Month18.95%
12 Month117.85%
2 Year67.53%
3 Year161.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.22
ATR(20)%3.58%
ATR Inc21.62%
Range Today2.75
ADR(20)1.92
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.63
3 months CRS80.03
6 months CRS86.84
Mansfield2.17
10 Day High63.18
10 Day Low55.78
20 Day High63.18
20 Day Low55.78
52 Week High66.89
52 Week Low26.71
CS1 End61.53
CR1 Start62.32
Volume & EV
DER(3)2.36%
DER(5)2.72%
Volume566.80K
Volume Incr-37.9%
Vol(5)773.74K
Vol(50)1.16M
INVESCO PHLX SEMICONDUCTOR / SOXQ TA FAQ
Can you provide the ChartMill technical rating for INVESCO PHLX SEMICONDUCTOR?
ChartMill assigns a technical rating of 7 / 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 Bearish.
Can you provide the RSI signal for INVESCO PHLX SEMICONDUCTOR?
INVESCO PHLX SEMICONDUCTOR (SOXQ) has an RSI value of 51.3514. This indicates that the stock is currently neutral.
What is the MACD signal for SOXQ stock?
The MACD indicator for INVESCO PHLX SEMICONDUCTOR (SOXQ) has a value of 0.032281, indicating a bearish trend.
Can you provide the short term momentum for INVESCO PHLX SEMICONDUCTOR?
The short term momentum for INVESCO PHLX SEMICONDUCTOR (SOXQ) is neutral.