Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Chip stocks are setting records, but this hidden chart...
Business & Finance

Chip stocks are setting records, but this hidden chart pattern says momentum favors the bears

Chip stocks are setting records, but this hidden chart pattern says momentum favors the bears
MarketWatch Friday 19 June 2026, 13:56 UTC By Tomi Kilgore 1 min read
Key Points

The SOXX’s RSI indicator has fallen further below the overbought threshold despite prices making record highs. History suggests that’s a bad sign.

The SOXX’s RSI indicator has fallen further below the overbought threshold despite prices making record highs. History suggests that’s a bad sign. [Image text:] PTOF ntegrate
SOXX (ORG) RSI (ORG)
Originally published by MarketWatch Read original →

Related Stories

NHL trade grades: Is Raddysh worth the risk for th...

The 2026 NHL offseason trading period has begun. As the deals continue to roll in, ESPN reporters will be grading all the moves with the biggest impacts, with instant reaction on how the GMs involved did. The Toronto Maple Leafs and Tampa Bay Lightning kicked things into high gear, with the Leafs landing pending free agent defenseman Darren Raddysh on Friday.

ESPN just now

O'Leary extends Ryanair contract in deal that could net him over £130m

The Ryanair boss extends his contract to 2032, in a deal featuring a bonus scheme that could earn him more than €150m (£130m).

BBC Business 24m ago

Hull College lockdown live: 'Threatening call made' as police scrambled

Hull College lockdown live: 'Threatening call made' as police scrambled Hull College, which has multiple sites, said it received a 'threatening phone call' at around 2.30pm today with a bomb threat understood to have been made A college has been placed in full lockdown with police rushing to the scene. Hull College, which has multiple sites, said it received a 'threatening phone call' at around 2.30pm today with a bomb threat allegedly made. Emergency services attended the scene with police...

Daily Mirror 24m ago

Heathrow third runway GDP yield may be 90% less than original estimate

Department for Transport analysis suggests 0.05% boost will be offset by overall negative trade-off The economic boost from a Heathrow third runway could be a tiny fraction of previous estimates, government analysis shows, while the overall trade-off from the bigger airport could set the UK back by as much as £62.5bn. As ministers promised to speed up expansion of the London airport in the name of economic growth, documents prepared by the Department for Transport said the runway was...

The Guardian UK 25m ago