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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.

NASDAQ_SOX
Open High Low SOX Price Change
3237.49 3304.17 3147.48 3303.40 +59.40
Entry Signal

MarketClub’s Trade Triangles for SOX

long term down The long-term trend has been DOWN since Jan 28th, 2022 at 3165.35

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2022 at 3689.38

short term down 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).

-90
Smart Scan Analysis for SOX
Strong Downtrend Sideways 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 High1464.6152wk High Date2018-03-13
52wk Low1119.3752wk Low Date2018-10-29
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