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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

PHLX Semiconductor Equal Weighted Total Return Index (NASDAQ:ESOXTR)

Bear Market Rally (-75) - ESOXTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ESOXTR as it may be in the beginning of a reversal.

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.

NASDAQ_ESOXTR
Open High Low ESOXTR Price Change
953.51 985.18 952.49 971.58 +10.20
Entry Signal

MarketClub’s Trade Triangles for ESOXTR

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 988.45

intermediate term up The intermediate-term trend has been UP since Dec 16th, 2024 at 1023.85

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 1002.38

Smart Scan Analysis for ESOXTR

Based on our trend formula, ESOXTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ESOXTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
953.51 985.18 952.49 971.58 +10.20
Prev. Close Volume Bid Ask Time
971.58 0 2024-12-20 17:08:00
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