ISHARES SEMICONDUCTOR ETF (SOXX) Stock Technical Analysis
USA - NASDAQ:SOXX - US4642875235 - ETF
288.17 USD
-0.81 (-0.28%)
288.17 USD
0 (0%)
Overall SOXX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SOXX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SOXX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SOXX has a been trading in the 261.80 - 292.51 range, which is quite wide. It is currently trading near the high of this range.
SOXX has an average volume of 7979700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SOXX did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Besides having an excellent technical rating, SOXX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
234.56
291.05
3 important support areas can be observed.
- A support zone ranging from 277.60 to 278.81. 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 269.19 to 271.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @236.93 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 SOXX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOXX is up. |
| ChartMill Relative Strength | 83.4 | POSITIVE | SOXX has a high relative strength, it outperformed 83.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOXX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOXX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOXX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.86 | NEUTRAL | The RSI value for SOXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SOXX has a negative trend. |
| Stochastics (14,3) | 83.34 | OVERBOUGHT | The high Stochastics value suggests SOXX may be overbought. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for SOXX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.38 | NEGATIVE | The low ADX value for SOXX suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 292.52 | 277.59 | 14.93 (5.10%) | 19.59% |
| An entry @292.52. This is a Buy Stop order right above the 10 day high. | An exit @277.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 14.93 points, which is 5.10%. | When investing 19.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
288.17
-0.81 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week5.95%
2 Weeks2.93%
1 Month8.39%
3 Month16.8%
6 Month73.02%
12 Month25.64%
2 Year95.42%
3 Year164.8%
5 Year183%
10 Year865.5%
15 Year1609.2%
Volatility
ATR(14)8.82
ATR(20)%2.63%
ATR Inc-27.94%
Range Today5.92
ADR(20)6.39
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.4
Mansfield1.69
10 Day High292.51
10 Day Low271.46
20 Day High292.51
20 Day Low261.8
52 Week High292.51
52 Week Low148.31
CS1 End278.81
CR1 StartN/A
Volume & EV
DER(3)-0.3%
DER(5)-0.44%
Volume6.26M
Volume Incr-14.99%
Vol(5)7.69M
Vol(50)7.98M