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Stock Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)

Sidelines Mode (-55) - SOXQ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
40.46 40.55 40.02 40.34 +0.68
Entry Signal

MarketClub’s Trade Triangles for SOXQ

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 35.300

intermediate term down The intermediate-term trend has been DOWN since Oct 31st, 2024 at 39.875

short term up The short-term trend has been UP since Dec 2nd, 2024 at 39.670

Smart Scan Analysis for SOXQ

Based on our trend formula, SOXQ is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SOXQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.46 40.55 40.02 40.34 +0.68
Prev. Close Volume Bid Ask Time
39.66 396306 2024-12-04 15:59:59
52wk High46.8252wk High Date2024-07-11
52wk Low28.7352wk Low Date2023-12-06
Average Volume388,220Shares Outstanding2,200
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