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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Weak Downtrend (-65) - SOXQ is showing signs of a strengthening downtrend. Monitor SOXQ as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SOXQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for SOXQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SOXQ
Open High Low SOXQ Price Change
40.310 40.545 39.810 40.180 +0.750
Entry Signal

MarketClub’s Trade Triangles for SOXQ

long term up The long-term trend has been UP since Dec 11th, 2023 at 30.0735

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2024 at 42.2100

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 44.9100

Smart Scan Analysis for SOXQ

Based on our trend formula, SOXQ is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SOXQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.310 40.545 39.810 40.180 +0.750
Prev. Close Volume Bid Ask Time
39.430 621681 2024-07-26 15:59:47
52wk High46.8252wk High Date2024-07-11
52wk Low24.8252wk Low Date2023-10-31
Average Volume495,983Shares Outstanding2,200
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