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Index Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
PHLX Semiconductor Equal Weighted Total Return Index (NASDAQ:ESOXTR)
Long-Term Uptrend (+90) - ESOXTR is in a strong uptrend that is likely to continue. While ESOXTR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ESOXTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ESOXTR.
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 ESOXTR
The long-term trend has been UP since Dec 11th, 2023 at 901.69
The intermediate-term trend has been UP since May 14th, 2024 at 1068.19
The short-term trend has been UP since May 13th, 2024 at 1060.14
Smart Scan Analysis for ESOXTR
Based on our trend formula, ESOXTR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1090.27 | 1118.11 | 1089.64 | 1107.23 | +20.41 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1086.82 | 0 | 2024-05-20 14:35:00 |