Divergent Sentiment Across Horizons Suggests Choppy Conditions -- See current SIGNALS for positioning and risk parameters.
Institutional Trading Strategies
Our AI models have generated three distinct trading strategies tailored to different risk profiles and holding periods. Each strategy incorporates sophisticated risk management parameters designed to optimize position sizing and minimize drawdown risk.
Position Trading StrategyLONG
Entry Zone
$491.53
Target
$566.91
Stop Loss
$490.11
Momentum Breakout StrategyBREAKOUT
Trigger
$512.26
Target
$516.25
Stop Loss
$510.83
Risk Hedging StrategySHORT
Entry Zone
$516.25
Target
$490.44
Stop Loss
$517.80
Multi-Timeframe Signal Analysis
Time Horizon
Signal Strength
Support Signal
Resistance Signal
Near-term (1-5 days)
Neutral
$512.26
$524.61
Mid-term (5-20 days)
Weak
$492.19
$516.25
Long-term (20+ days)
Strong
$566.91
$649.58
Technical Analysis
Longer Term Trading Plans for SOXX
Buy SOXX near 491.53 target 566.91 stop loss @ 490.11 Details
The technical summary data tells us to buy SOXX near 491.53 with an upside target of 566.91. This data also tells us to set a stop loss @ 490.11 to protect against excessive loss in case the stock begins to move against the trade. 491.53 is the first level of support below 508.62 , and by rule, any test of support is a buy signal. In this case, support 491.53 would be being tested, so a buy signal would exist.
Short SOXX slightly under 566.91, target 491.53, stop loss @ 568.55 Details
The technical summary data is suggesting a short of SOXX as it gets near 566.91 with a downside target of 491.53. We should have a stop loss in place at 568.55though. 566.91 is the first level of resistance above 508.62, and by rule, any test of resistance is a short signal. In this case, if resistance 566.91 is being tested, so a short signal would exist.
Swing Trading Plans for SOXX
Buy SOXX slightly over 516.25, target 566.91, Stop Loss @ 514.76 Details
If 516.25 begins to break higher, the technical summary data tells us to buy SOXX just over 516.25, with an upside target of 566.91. The data also tells us to set a stop loss @ 514.76 in case the stock turns against the trade. 516.25 is the first level of resistance above 508.62, and by rule, any break above resistance is a buy signal. In this case, 516.25, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
Short SOXX slightly near 516.25, target 492.19, Stop Loss @ 517.74. Details
The technical summary data is suggesting a short of SOXX if it tests 516.25 with a downside target of 492.19. We should have a stop loss in place at 517.74 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 516.25, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for SOXX
Buy SOXX slightly over 512.26, target 516.25, Stop Loss @ 511.06 Details
If 512.26 begins to break higher, the technical summary data tells us to buy SOXX just over 512.26, with an upside target of 516.25. The data also tells us to set a stop loss @ 511.06 in case the stock turns against the trade. 512.26 is the first level of resistance above 508.62, and by rule, any break above resistance is a buy signal. In this case, 512.26, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
Short SOXX slightly near 512.26, target 492.19, Stop Loss @ 513.46. Details
The technical summary data is suggesting a short of SOXX if it tests 512.26 with a downside target of 492.19. We should have a stop loss in place at 513.46 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 512.26, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
SOXX Technical Summary | Raw Data for the Trading Plans
All market data is provided by Barchart Solutions. Futures: at least 10 minute delayed. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice.
To see all exchange delays and terms of use, please see disclaimer.