Overall SOXX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SOXX is showing a nice and steady performance.
Although SOXX has an excellent technical rating, the quality of the presented setup is not ideal 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
269.27
We found 4 important support areas.
- A support zone ranging from 306.93 to 312.81. 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 291.18 to 300.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 285.22 to 285.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 87.66 | POSITIVE | SOXX has a high relative strength, it outperformed 87.66% 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) | 60.17 | NEUTRAL | The RSI value for SOXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.89 | POSITIVE | The MACD value suggests SOXX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.9 | OVERBOUGHT | The high Stochastics value suggests SOXX may be overbought. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for SOXX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.58 | NEGATIVE | The low ADX value for SOXX suggests a weak or negative trend. |
319.58
-5.31 (-1.63%)
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 60.1655. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES SEMICONDUCTOR ETF (SOXX) stock?
The MACD indicator for ISHARES SEMICONDUCTOR ETF (SOXX) has a value of 1.89205, 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 312.81. Check the full technical report for our detailed analysis of SOXX support and resistance levels.