Index Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
PHLX Semiconductor (NASDAQ:SOX)
Weak Downtrend (-65) - SOX is showing signs of a strengthening downtrend. Monitor SOX as it may be building momentum to the downside.
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 Feb 1st, 2019 at 1285.38
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1794.30
The short-term trend has been DOWN since Feb 18th, 2020 at 1942.81
Smart Scan Analysis for SOX
Based on our trend formula, SOX is rated as a -70 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|