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Ishares Phlx Semiconductor Etf $SOXX Technical Update

The Ishares Phlx Semiconductor Etf (NASDAQ: SOXX) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for SOXX, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Weak Neutral Neutral
P1 153.43 142.35 148.60
P2 156.85 157.29 168.78
P3 162.72 170.52 187.28
Triggers may have already come
Support and Resistance Plot Chart for SOXX

Long Term Trading Plans for SOXX

December 23, 2018, 6:45 am ET

The Technical Summary and Trading Plans for SOXX help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SOXX Report.

SOXX - (Long) Support Plan

The technical summary data tells us to buy SOXX near 148.60 with an upside target of 168.78. This data also tells us to set a stop loss @ 148.34 to protect against excessive loss in case the stock begins to move against the trade. 148.60 is the first level of support below 149.38 , and by rule, any test of support is a buy signal. In this case, support 148.60 would be being tested, so a buy signal would exist.

SOXX - (Short) Resistance Plan

The technical summary data is suggesting a short of SOXX as it gets near 168.78 with a downside target of 148.60. We should have a stop loss in place at 169.04 though. 168.78 is the first level of resistance above 149.38, and by rule, any test of resistance is a short signal. In this case, if resistance 168.78 is being tested, so a short signal would exist.


SOXX Long Term Analysis


SOXX Dividend Chart