Overall SOXX gets a technical rating of 10 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.
- When comparing the yearly performance of all stocks, we notice that SOXX is one of the better performing stocks in the market, outperforming 89% of all stocks.
- A new 52 week high is currently being made by SOXX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SOXX has a been trading in the 301.11 - 354.60 range, which is quite wide. It is currently trading near the high of this range.
- SOXX has an average volume of 6018040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SOXX has an excellent technical rating, it 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
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When analyzing the support we can see 5 important areas.
- A support zone ranging from 323.56 to 325.91. 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 306.73 to 311.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 299.47 to 301.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @289.72 from a trend line in the weekly time frame.
- Support @271.99 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 | 89.23 | POSITIVE | SOXX has a high relative strength, it outperformed 89.23% 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) | 71.16 | OVERBOUGHT | The high RSI value suggests SOXX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.17 | POSITIVE | The MACD value suggests SOXX has a positive trend. |
| Stochastics (14,3) | 87.52 | OVERBOUGHT | The high Stochastics value suggests SOXX may be overbought. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for SOXX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for SOXX suggests a possible start of a new trend. |
348.67
+0.53 (+0.15%)
ISHARES SEMICONDUCTOR ETF / SOXX FAQ
What is the ChartMill technical rating of ISHARES SEMICONDUCTOR ETF (SOXX) stock?
ChartMill assigns a technical rating of 10 / 10 to SOXX.
What is the current trend direction of ISHARES SEMICONDUCTOR ETF (SOXX) stock?
The current trend direction for ISHARES SEMICONDUCTOR ETF (SOXX) is Bullish.
Can you provide the RSI signal for ISHARES SEMICONDUCTOR ETF?
ISHARES SEMICONDUCTOR ETF (SOXX) has an RSI value of 71.1563. This indicates that the stock is currently overbought.
What is the MACD signal for ISHARES SEMICONDUCTOR ETF (SOXX) stock?
The MACD indicator for ISHARES SEMICONDUCTOR ETF (SOXX) has a value of 2.17261, indicating a bullish trend.
Can you provide the support and resistance levels for ISHARES SEMICONDUCTOR ETF?
ISHARES SEMICONDUCTOR ETF (SOXX) has a support level at 325.91. Check the full technical report for our detailed analysis of SOXX support and resistance levels.