iShares Semiconductor (SOXX) ETF — Weekly technical analysis | 3-7 Aug 2026
SOXX
iShares Semiconductor ETF
Weekly technical analysis of the iShares Semiconductor (SOXX) ETF: IQS 63/100. Structure, momentum and trading levels for swing trading updated 7 Aug 2026.
SCORE IQS Lite
63/100
Weekly Structure 10
Daily Momentum 28
Weekly Ichimoku 19
Daily CMF 0
Delta 6
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · iShares Semiconductor ETF (SOXX · ISIN US4642875235)
Weekly Structure
At 10/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 28/35 momentum is strong: marked directional acceleration.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 0/6 CMF shows outflows: capital leaving and selling pressure.
Delta
At 6/10 the week is slightly positive: close between 0% and +2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
The ETF is in consolidation phase within the neutral zone with daily and weekly MACD showing Strong bearish. Weekly EMA50 remains Free while Ichimoku suggests bullish laterality. Technical neutrality with cautious stance awaiting confirmed breakout.
This week's view by AiTrading67.com
Structure remains compressed inside the NTZ with stretched-phase IQS. Daily MACD signals strong bullish momentum, yet weekly MACD lingers in bearish weakness: the setup is promising on confirmed breakout above 572.79, though awaiting confirmation takes precedence before entry.
Chart · 12-month trend
Weekly Structure
Weekly RSI
Neutral / bullish bias
Weekly MACD · Status
D — Deterioration
Negative histogram expanding
Weekly EMA50
Free
Price well separated from the weekly MA
Weekly EMA Stack
Partial stack
MAs not aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Weak
−DI dominates +DI
Daily RSI
Neutral
Capital Flow (CMF)
Outflow
Daily MACD · Status
A — Improvement
Daily Stochastic
Overbought
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum displays MACD in strong bullish strength and a mature Golden Cross on the MA cross, underpinned by overbought stochastic readings. However, ADX is weak with -DI above +DI, signalling structural trend weakness. RSI sits in neutral zone and CMF registers outflows, indicating selective selling pressure. The mix suggests short-term bullish moves within a broader compression, fragile absent confirmed NTZ breakout.
Weekly market overview
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Weekly structure shows RSI in neutral zone with bullish bias, whilst MACD remains in strong bearish weakness, signalling mixed conditions through a transitional phase. The weekly EMA50 is free and the MA stack remains partial with incomplete alignment. Ichimoku positioned above the cloud supports bullish narrative, yet persistent MACD weakness calls for caution until confirmed breakout.