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Index Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
PHLX Semiconductor (NASDAQ:SOX)
Long-Term Downtrend (-90) - SOX is in a strong downtrend that is likely to continue. While SOX 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 SOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOX.
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 SOX
The long-term trend has been DOWN since Jan 28th, 2022 at 3165.35
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 3689.38
The short-term trend has been DOWN since Jan 18th, 2022 at 3783.10
Smart Scan Analysis for SOX
Based on our trend formula, SOX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3237.49 | 3304.17 | 3147.48 | 3303.40 | +59.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3303.40 | 0 | 2022-01-28 17:13:37 |
| 52wk High | 1464.61 | 52wk High Date | 2018-03-13 |
| 52wk Low | 1119.37 | 52wk Low Date | 2018-10-29 |