iShares PHLX SOX Semiconductor Sector ETF Forecast

$225.92
+0.240 (+0.106%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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iShares PHLX SOX Semiconductor Sector ETF price up 0.106% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 07, 2024 Loss -4.98% PDF

The iShares PHLX SOX Semiconductor Sector ETF price gained 0.106% on the last trading day (Thursday, 28th Mar 2024), rising from $225.68 to $225.92. During the last trading day the ETF fluctuated 0.93% from a day low at $224.91 to a day high of $227.00. The price has been going up and down for this period, and there has been a 2.53% gain for the last 2 weeks. Volume fell on the last day by -2 million shares and in total, 2 million shares were bought and sold for approximately $380.15 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $174.89 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the ETF is expected to fall -38.06% during the next 3 months and, with a 90% probability hold a price between $108.33 and $367.88 at the end of this 3-month period.

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SOXX Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 4.23%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The iShares PHLX SOX Semiconductor Sector ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $450.61. On a fall, the ETF will find some support from the short-term average at $224.30. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for iShares PHLX SOX Semiconductor Sector ETF

iShares PHLX SOX Semiconductor Sector finds support from accumulated volume at $225.10 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this ETF is considered to be "very high risk". During the last day, the ETF moved $2.09 between high and low, or 0.93%. For the last week, the ETF has had daily average volatility of 1.71%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SOXX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect iShares PHLX SOX Semiconductor Sector Index Fund to open at $225.94, and during the day (based on 14 day Average True Range), to move between $206.60 and $245.24, which gives a possible trading interval of +/-$19.32 (+/-8.55%) up or down from last closing price. If iShares PHLX SOX Semiconductor Sector Index Fund takes out the full calculated possible swing range there will be an estimated 17.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $225.10 (0.36%) than the resistance at $228.13 (0.98%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is iShares PHLX SOX Semiconductor Sector Index Fund ETF A Buy?

iShares PHLX SOX Semiconductor Sector holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -3.735 Sell Candidate Unchanged

Predicted Opening Price for iShares PHLX SOX Semiconductor Sector Index Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$225.94 ( 0.0103%) $225.92

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SOXX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 228.03 0.94 %
R2 227.23 0.582 %
R1 226.74 0.364 %
Current price: 225.92
Support S1 225.14 -0.343 %
S2 224.65 -0.561 %
S3 223.85 -0.91 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 237.75 5.24 %
R2 229.77 1.70 %
R1 228.13 0.98 %
Current price 225.92
Support S1 225.10 -0.363%
S2 222.88 -1.35%
S3 220.34 -2.47%

SOXX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 Mar 27, 2024 $0.225 0.0997%
2 Dec 19, 2023 Dec 20, 2023 Dec 27, 2023 $1.12 0.580%
3 Sep 25, 2023 Sep 26, 2023 Oct 02, 2023 $1.67 1.05%
4 Jun 06, 2023 Jun 07, 2023 Jun 13, 2023 $0.651 0.383%
5 Mar 22, 2023 Mar 23, 2023 Mar 29, 2023 $1.07 0.740%

FAQ

What is the symbol for iShares PHLX SOX Semiconductor Sector Index Fund ETF and on which exchange is it traded?
The symbol for iShares PHLX SOX Semiconductor Sector Index Fund is SOXX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell iShares PHLX SOX Semiconductor Sector Index Fund ETF?
iShares PHLX SOX Semiconductor Sector holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

How to buy iShares PHLX SOX Semiconductor Sector Index Fund ETF?
iShares PHLX SOX Semiconductor Sector Index Fund ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy iShares PHLX SOX Semiconductor Sector Index Fund ETF.

What's the current price of iShares PHLX SOX Semiconductor Sector Index Fund ETF?
As of the end of day on the 2024-03-28, the price of an iShares PHLX SOX Semiconductor Sector Index Fund (SOXX) share was $225.92.

What is the 52-week high and low for iShares PHLX SOX Semiconductor Sector Index Fund ETF?
The 52-week high for iShares PHLX SOX Semiconductor Sector Index Fund ETF is $696.81 and the 52-week low is $212.69.

What is the market capitalization of iShares PHLX SOX Semiconductor Sector Index Fund ETF?
As of the 2024-03-28, the market capitalization of iShares PHLX SOX Semiconductor Sector Index Fund is 1.728B.
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About iShares PHLX SOX Semiconductor Sector Index Fund

The investment seeks to track the investment results of the PHLX Semiconductor Sector Index composed of U.S. equities in the semiconductor sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded securities of companies engaged in the semiconductor business. The fund i... SOXX Profile

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