Invesco PHLX Semiconductor ETF Price & Performance (SOXQ)

The SPDR S&P Semiconductor ETF (XSD) has rebounded from its lows for the third time in 12 months, signaling potential recovery. Historically, such rebounds have been followed by notable rallies, reflecting investor optimism in the technology sector. Analysts highlight the ETF's role in a diversified portfolio for long-term growth.1

The Invesco PHLX Semiconductor ETF (SOXQ) is at a critical juncture, with technical indicators suggesting buy signals above $38.29 and short opportunities near the same level. Analysts emphasize the importance of resistance breaks as triggers for potential gains, while cautioning investors to set strict stop-loss levels to manage risk.2

U.S. stock futures are trending higher after a sharp selloff last week, with Nvidia's upcoming earnings report under close watch. Despite economic concerns, investor sentiment is cautiously optimistic, bolstered by expectations for AI advancements. Treasury yields remain steady, with a 97.5% likelihood of unchanged interest rates in March.3