SOXQ's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for SOXQ turned positive on September 18, 2026. Looking at past instances where SOXQ's MACD turned positive, the stock continued to rise in 47 of 52 cases over the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 17, 2026. You may want to consider a long position or call options on SOXQ as a result. In 77 of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 89%.
SOXQ moved above its 50-day moving average on September 18, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +6.46% 3-day Advance, the price is estimated to grow further. Considering data from situations where SOXQ advanced for three days, in 307 of 346 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
SOXQ broke above its upper Bollinger Band on September 21, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for SOXQ entered a downward trend on September 15, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.