Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
PHLX Semiconductor (NASDAQ:SOX)
Long-Term Uptrend (+90) - SOX is in a strong uptrend that is likely to continue. While SOX 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 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.
MarketClub’s Trade Triangles for SOX
The long-term trend has been UP since Jun 2nd, 2020 at 1857.64
The intermediate-term trend has been UP since Nov 5th, 2020 at 2449.17
The short-term trend has been UP since Nov 20th, 2020 at 2572.42
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).
|52wk High||1464.61||52wk High Date||2018-03-13|
|52wk Low||1119.37||52wk Low Date||2018-10-29|