Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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SOXX

$491.83 +2.85% Oct 26 close
Detected setup Trend Only · Setup Score 85/100

Stand aside — setup invalidated

Setup score 85, but distribution days reach 5 or more — stand aside until the condition resets.

1 independent risk warning also present. Review before relying on the bullish setup.

Ask about SOXX

Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$SOXX

etf Stage 1 · Basing Base 3+
$491.83 latest close
Market Structure
Trend structure: uptrend
Latest event: bos (bullish)
Support 316.22–317.35 · 3 touches · moderate
Resistance 533.74–536.12 · 3 touches · moderate
Join to Watchlist $SOXX Share card
Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $SOXX. Every level, score and criterion below is computed from the Oct 26 close session (latest session), and may no longer hold.

Historical verdict · setup score 85/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 85, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$500$550$600AugSepOct$492

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 1.1 Price > 150-day MA AND 200-day MA — Price $491.83, MA150 $515.59, MA200 $472.90
  • Minervini 1.5 Price > 50-day MA — Price $491.83 vs MA50 $531.40
  • O'Neil N: Near 52-week high or RS line new high — 25.0% below high | RS line new high: False
  • O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
  • Weinstein Volume expansion above average — Volume ratio 1.20x
  • Dennis S1: 20-day Donchian breakout
Minority view — the council disagrees here
  • Minervini: avoid Trend-template read: fails Price > 150-day MA AND 200-day MA.
  • O'Neil: watch CANSLIM read: 2/6 pass; improvement is still needed.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
76 Strong
Legend Score · rates the stock Strong (76/100) — held back by institutional footprint

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 92
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 65
  • EPS Growth (15%) 50
  • Quality (SMR-like) (15%) 50

RS rank 91: top 9% of all stocks — true leadership. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 65: mild accumulation. No recent earnings growth data — scored neutral. No sales/ROE data — scored neutral. Updated 2026-10-14.

Price $491.83 +2.9% Oct 26 close
52W High $655.95 17.1% below high
Wks Since High 15w 17w today
Base Depth 29.0% 29.3% today
RS Rank 80 percentile of scan
SMA 50 $531.40
Avg Vol 7,732,283
Rel Vol (Oct 26) 1.20× 0.82× on up days
More stats
52W Low $260.44
Tight Wks 0
Base B3
SMA 200 $472.90
RS Line vs High -20.6%
RS Line Slope +5.0% ▲
ADR% 2.6%
ATR(14) $20.21 (4.1%)
Vol Pace (live) N/A
A/D Days 13A / 19D
A/D Rating E
VDU Bars 0/10 d
Position in 52-week range 59thpercentile of the 52-week range
$260.44low
$655.95high

SOXX Chart

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Technical Analysis Report Card

$SOXX · $491.83 · as of 2026-10-26 · multi-factor read
38
/ 100
Technicals 38/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▼ Weak / rolling over
Monthly ▼ Downtrend

Moving Averages

50-day$531.40 ↓
100-day$546.74 ↓
200-day$472.90 ↑
Bullish (50 > 200)

RSI (14)

Reading38.0 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateBearish
Histogram-7.834

Bearish — MACD below its signal line and below zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width21% · 29.7%

Mid-band — no directional band edge in play.

Volume · Buyer vs Seller

Up/Down vol0.82 · Neutral
Rel volume1.2×
Pocket pivots · 10d0
5d vs 50d vol140%
Heavy vol up / down0 / 4

Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.

  • 4 heavy-volume down days vs 0 up in the last 20 sessions — supply is showing.

Support & Resistance

R · $534.61swing level
R · $566.02swing level
R · $596.44swing level
Price · $491.83now
S · $489.21swing level
S · $477.95swing level
S · $464.08swing level

Fibonacci · Downtrend swing

23.6%$509.36
38.2%$537.37
50.0%$560.01
61.8%$582.66
78.6%$614.89

Retracement resistance zones measured from the recent swing high down to the low.

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Weekly downtrendMonthly downtrendAbove 200-day MA50/200 bullishRS 91 (leader)
Want this read in a legend's voice? Ask a Legend about SOXX
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (85/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Avoid D Trend-template read: fails Price > 150-day MA AND 200-day MA.
Passing evidence
1.2 150-day MA > 200-day MAMA150 $515.59 vs MA200 $472.90
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $531.40, MA150 $515.59, MA200 $472.90
Failing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $491.83, MA150 $515.59, MA200 $472.90
1.5 Price > 50-day MAPrice $491.83 vs MA50 $531.40
Not applicable
2. Quarterly EPS growth ≥ 25%No single-company earnings — not applicable to ETFs
2. ROE ≥ 17%No single-company earnings — not applicable to ETFs
2. Revenue growth ≥ 20% YoYNo single-company earnings — not applicable to ETFs
4/8 checks
Method → Playbook → Ask →
O'Neil Watch D CANSLIM read: 2/6 pass; improvement is still needed.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 91
S: Base tightness (ATR% ≤ 4.5%)ATR% 4.11%
Failing evidence
N: Near 52-week high or RS line new high25.0% below high | RS line new high: False
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
Not applicable
C: Quarterly EPS acceleration ≥ 25%No single-company earnings — not applicable to ETFs
A: Annual earnings & revenue qualityNo single-company earnings — not applicable to ETFs
2/6 checks
Method → Playbook → Ask →
Weinstein Watch B Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $491.83 vs MA200 $472.90
Failing evidence
Volume expansion above averageVolume ratio 1.20x
6/7 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $472.21
Volatility-unit sizing (1N ≈ 1% of equity)1N = $18.61 (3.78% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/8 checks
Method → Playbook → Ask →
zanger Avoid D Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $565.60-$590.20; trail the rest
Trail on the 10/20-day MA10-day MA $502.94 · 20-day MA $538.00 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlyTrend Only is not one of Zanger's six
Breakout volume 1.5-2.0x averageNot confirmed
3/6 checks
Method → Playbook → Ask →
zweig Watch A Zweig read: passes his full growth screen — earnings growing faster than the market, a price that is reasonable for that growth, insiders buying, and price strength. Super Model timing — timing tailwinds: Breadth momentum, 4% Model (breadth proxy); 2 timing leg(s) lack data.
Passing evidence
Price strength (RS ≥ 70)RS score 91 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.18 (2050 adv / 1742 dec) — participation expanding
Failing evidence
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
9-to-1 up/down volume daysOnly 17 breadth sessions stored — need 20+ to spot thrust days
Not applicable
EPS growth above the marketNo single-company earnings — not applicable to ETFs
Reasonable price for the growthNo single-company earnings — not applicable to ETFs
Insider buyingNo single-company earnings — not applicable to ETFs
3/5 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$491.83
Relative strengthRS 91
Failing evidence
Volume vs average1.20x
Distance from 52-week high25.0% below high
3/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$491.83
Relative strengthRS 91
Failing evidence
Volume vs average1.20x
Distance from 52-week high25.0% below high
3/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$491.83
Relative strengthRS 91
Failing evidence
Volume vs average1.20x
Distance from 52-week high25.0% below high
3/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

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RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
145RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -8 E
A: 10 D: 18 Net: -865 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 1/3 met · earnings criteria N/A for ETFs
C 1/3 criteria
Separate score from the Minervini Trend Template (5/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
– EPS acceleration ≥25% QoQ N/A
– Revenue growth ≥20% YoY N/A
– Gross margin ≥30% N/A
– ROE ≥17% N/A
✓ RS rating ≥80 (leadership) 91
✗ Stage 2 uptrend (Weinstein) Stage 1
✗ Within 25% of 52W high -25.0%

Method Playbook

Trade it like O'Neil EXACT LEVELS · PRO
O'Neil D · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis (historical)

Trend Only
85 setup score
RS Score 91
Trend template 5/8
Why This Setup?
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Clear of earnings — partly met Report date unknown
  • In a confirmed uptrend — partly met Stage 1 · Trend template 5/8 — not yet Stage 2
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 1.2× average — light
  • A relative-strength leader — met RS rank 80
Why these seven? → The Universal Edge

Minervini Trend Template

5/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $491.83 vs SMA150 $515.59 / SMA200 $472.90
SMA 150 above SMA 200 SMA150 $515.59 vs SMA200 $472.90
SMA 200 trending up Slope +23.11 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $531.40
Price above SMA 50 $491.83 vs SMA50 $531.40
30%+ above 52-week low +88.8% from $260.44
Within 25% of 52-week high -25.0% from $655.95
RS score above 70 RS 91

Fundamentals

52W Range
59%
Insider
No Buy

Company

Company profile
SOXX
SOXX
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Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
100
W. Support
$384.37
W. Resist
$655.95
Weekly Structure

Scan History

Oct 09: 80 (Cup & Handle)Oct 10: 80 (Inverse Head & Shoulders)Oct 12: 80 (Inverse Head & Shoulders)Oct 13: 85 (Trend Only)Oct 14: 85 (Trend Only)85
Oct 14
Trend Only ✓ Gate
85
Oct 13
Trend Only ✓ Gate
85 -9.6%
Oct 12
Inverse Head & Shoulders ✓ Gate
80 -9.7%
Oct 10
Inverse Head & Shoulders ✓ Gate
80 -9.7%
Oct 09
Cup & Handle ✓ Gate
80 -12.1%

Latest News

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