SOXX Stock Summary and Trading Ideas (iShares Semiconductor ETF | NASDAQ:SOXX)

The iShares Semiconductor ETF seeks to track the investment results of an index composed of U.S.-listed equities in the semiconductor sector. It provides exposure to U.S. companies that design, manufacture, and distribute semiconductors.

iShares Semiconductor ETF trades on the NASDAQ stock market under the symbol SOXX.

As of April 22, 2024, SOXX stock price climbed to $201.66 with 4,296,539 million shares trading.

SOXX has a beta of 1.77, meaning it tends to be more sensitive to market movements. SOXX has a correlation of 0.53 to the broad based SPY ETF.

SOXX has a market cap of $11.43 billion. This is considered a Large Cap stock.

In the last 3 years, SOXX stock traded as high as $240.01 and as low as $95.94.

SOXX has outperformed the market in the last year with a return of +46.1%, while the SPY ETF gained +22.9%. However, in the most recent history, SOXX shares have underperformed the stock market with its stock returning +0.4% in the last 3 month period and -9.2% for the last 2 week period, while SPY has returned +3.7% and -3.7%, respectively.

SOXX support price is $194.60 and resistance is $202.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SOXX stock will trade within this expected range on the day.