🔴 $SOXLB · 1H
Price is $121.71 and $SOXLB remains below the averages that capped it earlier. $116.21 on the low side and $143.22 on the high side have contained the last three days. Price is down in the lower third of that range. The floor is 4.5% away and the ceiling is nowhere close. The 20 has stayed below the 50 for a long stretch now. RSI at 38 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $116.21 and $131.36, sitting around the middle of it now. The last 24 hours carried roughly 3.8x normal volume. Down 6.7% over 24 hours.
DYOR
$SOXLB #TechnicalAnalysis
Price is $121.71 and $SOXLB remains below the averages that capped it earlier. $116.21 on the low side and $143.22 on the high side have contained the last three days. Price is down in the lower third of that range. The floor is 4.5% away and the ceiling is nowhere close. The 20 has stayed below the 50 for a long stretch now. RSI at 38 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $116.21 and $131.36, sitting around the middle of it now. The last 24 hours carried roughly 3.8x normal volume. Down 6.7% over 24 hours.
DYOR
$SOXLB #TechnicalAnalysis