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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ)
Long-Term Downtrend (-90) - SOXQ is in a strong downtrend that is likely to continue. While SOXQ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SOXQ
The long-term trend has been DOWN since Aug 5th, 2024 at 35.300
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 39.875
The short-term trend has been DOWN since Nov 11th, 2024 at 40.340
Smart Scan Analysis for SOXQ
Based on our trend formula, SOXQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.39 | 38.80 | 38.29 | 38.73 | +0.28 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.78 | 278606 | 2024-11-19 15:59:21 |
| 52wk High | 46.82 | 52wk High Date | 2024-07-11 |
| 52wk Low | 28.7131 | 52wk Low Date | 2023-12-04 |
| Average Volume | 444,774 | Shares Outstanding | 2,200 |