Invesco PHLX Semiconductor ETF (SOXQ)

Invesco PHLX Semiconductor ETF is trading at $92.57, down 1.91% on the session. The 50 day average sits at $99.22 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 53.5, which reads as neutral, and MACD is bullish crossover. Volume is average.

The nearest support is around $94.12 with resistance near $98.57, so that band frames the current range. Average daily movement is roughly $4.24, or about 4.6% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 32, momentum of 70 and a risk score of 64.

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market-capitalization weighted index designed to measure the performance of the 30 largest companies listed in the United States that are engaged in the semiconductor business, as determined by the index Provider. The fund is non-diversified.