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Palo Alto Networks falls 3.9% as a bearish engulfing halts the rebound
Palo Alto Networks fell 3.9% after a new 7-day high and closed the week in the bottom quarter of its range. This technical analysis of Palo Alto Networks stock, one of the US stocks on a Sell signal, finds a decline losing steam, with earnings due November 12.
Occidental Petroleum slips 0.3% and stays below the 65 area: earnings due November 9
Occidental Petroleum slips 0.3% after 4 straight gains, holding the 20-day average in the 62 area while staying below the 65 area. Occidental Petroleum stock technical analysis: the buy signal holds, a trade setup to handle with care ahead of November 9 earnings.
Oscar Health slips 2.0% as money flow weakens ahead of earnings
Oscar Health slips 2.0% and stalls at the daily Kumo ceiling, a third straight down week with money flow negative. This technical analysis of Oscar Health stock, one of the US stocks heading into earnings on November 5, offers a price action trading read with the trade up 110%.
Oracle climbs 3.6%, but the rebound is turned back between the 146 and 147 areas
Oracle climbs 3.6%, but the rebound is turned back between the 146 and 147 areas, home to the Inversion Point and the 100-day average. This technical analysis of Oracle stock stays bearish among US tech stocks: for swing trading, opening a short now carries high risk.
Orange gains 1.9% and retakes its 20-day average, still capped by the 50-day
Orange gains 1.9% and retakes its 20-day average, in the 14.3 area, but the 50-day average, in the 14.7 area, caps the bounce. Technical analysis of Orange stock stays bearish, and price action shows a decline losing pace, a case to follow for swing trading.
L'Oréal edges up 0.1%: a new 90-week high in the 442 area, unconfirmed at the close
L'Oréal stock set a new 90-week high in the 442 area but closed the week up just 0.1%, without confirming it. Technical analysis: RSI at 70.6, MACD rising and money flow positive; for swing trading the trend stays up, with the price action in a pause.
Opendoor drops 9.1%, and this time the close confirms a new 30-week low
Opendoor drops 9.1% and confirms a new 30-week low on the close, in the 1.76 area, as money flow keeps weakening. Technical analysis of Opendoor stock: weekly RSI at 24.5, swing trading short up 60%, earnings due on November 5.
Ondas gains 1.9%, but money flow slides to its lowest in 4 weeks
Ondas stock rose 1.9%, but the rally stalled in the 7.1 area and the week closed back below the 6.6 area. In this technical analysis for swing trading, money flow sits at a 4-week low, the 200-week average holds in the 6 area, and the short is up 17.1%.
The OEF ETF slips 1.0% and turns to a sell signal after 5 lower highs on the daily chart
OEF, the iShares S&P 100 ETF, slips 1.0% and turns to a fresh sell signal after 5 lower highs on the daily chart. OEF technical analysis: a third losing week, price still above the 50-week average, and a high-risk trade setup for swing trading.
Novo Nordisk gains 2.4% and nears its 50-day average ahead of earnings
Novo Nordisk gains 2.4%, a fourth straight up week, closing near the week's high and just under its 50-day average. Technical analysis of Novo Nordisk stock still shows distribution on shrinking volumes; the swing trading short is up 12.8% before November 4 earnings.
Nvidia stock drops 3%, loses its 200-day average and sets a new 30-day low
Nvidia stock fell 3%, closing below its 200-day average and setting a new 30-day low. In this technical analysis the sell signal holds and price action points to distribution, yet among US stocks this trade setup stays high-risk to open, on our model.
Novavax stock rises 3.9% after a dip to the 9 area, and the sell signal has no push
Novavax gains 3.9% after a dip to the 9 area, and a fresh sell signal starts with no push behind it. Novavax stock technical analysis: a high-risk trade setup among US stocks on our model, with indecisive price action and earnings due on November 5.
ServiceNow stock plunges 33.9%, losing its 20-, 50-, 100- and 200-week averages at once
ServiceNow plunges 33.9%, losing its 20-, 50-, 100- and 200-week averages and setting a new 30-day low in the 103.5 area. ServiceNow stock turns to a new sell signal, far weaker than other tech stocks, but technical analysis rates a short here as high-risk.
Nokia stock bounces 5.2%, but the daily averages turn it back in the 9.3 area
Nokia gains 5.2%, but the daily averages turn the bounce back in the 9.3 area and the week closes in the lower part of its range. Technical analysis keeps Nokia stock on a Sell signal among tech stocks to watch: weak price action, with the price below the 50-week average.