NEW YORK (TheStreet ) — The PHLX Semiconductor Index, also known as the SOX was one of the strongest market segments in 2014 with a gain of 28%. Seven stocks in the SOX outperformed the index, which represents an industry that serves as an important economic indicator.

Here are updated trading guidelines for the industry performance leaders.

Applied Materials (AMAT — Get Report ) ($24.16) rose 41% in 2014 and set a multiyear intraday high at $25.71 on Dec. 23. The stock is 6% below the high, and it’s is above its 50-day and 200-day simple moving averages at $23.41 and $21.68, respectively. The weekly chart is positive but overbought with the stock’s key weekly moving average at $24.05.

Investors looking to buy Applied Materials should enter a good ’til canceled limit order to buy on weakness at a key semiannual technical level of $20.37. Investors looking to book profits should enter a good ’til canceled limit order to sell on strength at key monthly and quarterly technical levels of $26.36 and $28.12.

Avago Technologies (AVGO — Get Report ) ($98.49) rose 90% in 2014 and set an all-time intraday high at $105 on Dec. 5. The stock is 6.2% below the high, and it’s above its 50-day and 200-day simple moving averages at $93.14 and $77.94. The weekly chart is positive but overbought with the stock’s key weekly moving average at $96.48.

Investors looking to buy Avago should enter a good ’til canceled limit order to buy on weakness at a key semiannual technical level of $78.62. Investors looking to book profits should enter a good ’til canceled limit order to sell on strength at a key monthly technical level of $105.84. A key quarterly technical level of $100.33 should act as a magnet.

Intel (INTC — Get Report ) ($35.95) rose 40% in 2014 and set a multiyear intraday high at $37.90 on Dec. 5. The stock is 5.1% below the high, and it’s above its 50-day and 200-day simple moving averages at $35.53 and $31.85, respectively. The weekly chart stays positive but overbought given a close on Friday above the stock’s key weekly moving average at $36.04.

Investors looking to buy Intel should enter a good ’til canceled limit order to buy on weakness at key semiannual and annual technical levels of $32.47 and $30.01. Investors looking to book profits should enter a good ’til canceled limit order to sell on strength at key quarterly and monthly technical levels of $36.95 and $41.24.

KLA-Tencor (KLAC ) ($68.72) rose 37% in 2014 and set a multiyear intraday high at $73.12 on Dec. 23. The stock is 6% below the high, and is above its 50-day and 200-day simple moving averages at $66.90 and $59.50. The weekly chart is positive but overbought with the stock’s key weekly moving average at $68.35.

Investors looking to buy KLA should enter a good ’til canceled limit order to buy on weakness at key semiannual and annual technical levels of $66.01 and $45.79. Investors looking to book profits should enter a good ’til canceled limit order to sell on strength at key quarterly and monthly technical levels of $74.03 and $74.56.