Key takeaways
SOXX was trading at $135.49 as of 10:28 ET on Thursday, down 69.92% from the previous close of $450.41.
Daily RSI14 is 12.26 , down from 33.97 on the preceding candle, placing it firmly in oversold territory.
The daily MACD histogram is -25.51 , down from -5.43, with the MACD line at -46.9 below its signal at -21.39.
Price sits below the daily 20-session EMA at $465.09, the 50-session EMA at $504.26, and the 200-session EMA at $472.8.
The session low at $135.44 is the immediate reference; a break below it would invalidate the near-term bullish case.
On Thursday, November 5, 2026, SOXX opened at $143.02. It traded between a low of $135.44 and a high of $143.73, and was trading at $135.49 as of 10:28 ET. The ETF was down 69.92% versus the previous close, with volume of 493,959 shares so far. The previous session’s close was $450.41 on November 4, 2026.
SOXX — daily chart with candlesticks, EMA20/EMA50 and volume.
iShares PHLX SOX Semiconductor ETF: Daily chart sets the bearish bias
Daily trend structure
The 20-session average is below both longer averages, although the three averages are not fully stacked in bearish order. Their position above price supports the bearish daily assessment.
Momentum and volatility readings
Meanwhile, daily RSI14 fell to 12.26 from 33.97 on the preceding session’s candle. It is firmly oversold . That reading is a counterweight to the bearish trend evidence, not confirmation that support will hold.
The daily MACD line stands at -46.9, below its signal at -21.39. Its histogram fell to -25.51 from -5.43, leaving a negative gap between the line and signal. Both measures support the bearish bias despite the oversold RSI.
Notably, price is also below the daily lower Bollinger band at $313.27. Daily ATR14 increased to $42.48 from $21.51, indicating greater measured volatility than on the preceding candle. These readings include the open session and do not establish where SOXX will end it.
Pivot and support reference points
For reference, the daily pivot at $453.77 and daily first support at $438.32 both stand above the current price. These levels come from the previous completed daily candle. The first-support label does not make $438.32 support underneath the current market.
Hourly confirmation, with oversold tension
Similarly, the hourly chart supports the daily bearish view. Price is below the hourly 20-hour EMA at $430.03, followed by the 50-hour EMA at $462.59 and the 200-hour EMA at $505.47. This is a fully bearish alignment .
Hourly RSI14 is 5.37, in oversold territory, while the hourly MACD histogram is -19.98, placing its line below its signal. Price also sits below the hourly lower Bollinger band at $301.29 and the hourly pivot at $449.24. There is no directional conflict between the daily and hourly charts; the tension is between bearish positioning and oversold readings.
Short-term levels define the conditional scenarios
For execution context, the 15-minute RSI14 stands at 3.36, also oversold. Its MACD histogram is -37.39, with the line below its signal. Price sits beneath the 15-minute first support at $136.47, the pivot at $138, and the lower Bollinger band at $138.26. Those levels are overhead reference points, not current support.
However, a bullish scenario would require the session low at $135.44 to hold. Price would then need to reclaim $136.47, the 15-minute pivot at $138, and the lower band at $138.26. Clearing the 15-minute first resistance at $139.1 would add support to that case. The session high at $143.73 would remain a further hurdle, and those conditions alone would not overturn the daily bearish structure.
Conversely, a break below $135.44 would invalidate that near-term bullish case. Failure to reclaim the nearby 15-minute references would also leave the bearish daily and hourly evidence unchallenged. No lower price support is established by the supplied chart levels.
Recent fund activity provides background
A report published on Tuesday, November 3, 2026, described additions to the fund’s positions and no sales. That portfolio activity offers context for the iShares PHLX SOX Semiconductor ETF.
Overall, SOXX stands near the session low of $135.44 and below the nearby 15-minute references, with the daily and hourly averages much higher. Daily ATR14 at $42.48 underscores the volatility. The unresolved issue is whether oversold conditions can coincide with reclaimed intraday levels; the bearish daily bias remains the main framework.
FAQ
What is the current trading level of the iShares PHLX SOX Semiconductor ETF?
SOXX was trading at $135.49 as of 10:28 ET on Thursday, November 5, 2026, down 69.92% from the previous close of $450.41. The session has ranged between a low of $135.44 and a high of $143.73.
Is the ETF in a bearish trend?
Yes. Price sits below the daily 20-session EMA at $465.09, the 50-session EMA at $504.26, and the 200-session EMA at $472.8. The daily MACD line at -46.9 is below its signal at -21.39, and the hourly chart shows a fully bearish alignment with price under all three hourly EMAs.
What are the key short-term levels for SOXX?
The session low at $135.44 is the immediate reference. Overhead, the 15-minute first support sits at $136.47, the 15-minute pivot at $138, the 15-minute lower Bollinger band at $138.26, and the 15-minute first resistance at $139.1. The session high is $143.73. On the daily timeframe, the pivot stands at $453.77 and first support at $438.32.
Are oversold readings signaling a reversal?
Not on their own. Daily RSI14 is 12.26, hourly RSI14 is 5.37, and the 15-minute RSI14 is 3.36—all are in oversold territory. However, these readings act as a counterweight to the bearish evidence rather than confirmation that support will hold. A bullish scenario would require the session low at $135.44 to hold and price to reclaim the nearby 15-minute reference levels.
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