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IBM gains 1.7% as the tech sector retreats, its fourth straight week higher
IBM stock gained 1.7% as XLK, the US technology sector ETF, lost 2.03%, and set a new 30-day high in the 259.6 area. Technical analysis: 5 higher lows on the daily chart, among tech stocks with weekly buy signals, a swing trading case 9.4% up since entry.
Interactive Brokers drops 4.2% and slips below its 50-week average
Interactive Brokers fell 4.2%, its 9th straight weekly decline, and closed below the 50-week average, in the 80 area. Interactive Brokers stock technical analysis: among US stocks, money flow is negative and price action shows 5 lower highs, a swing trading setup to follow.
Hypera plunges 21.9%: 20- to 200-week averages lost as a new Sell signal fires
Trading latinoamerica: Hypera stock plunges 21.9%, loses its averages from 20 to 200 weeks and a new Sell signal fires. Our model rates this trade setup as high-risk: volatility is elevated and the new 30-week low, in the 19.4 area, was not confirmed at the close.
HP Inc. sheds 14.4% as the weekly MACD crosses below its signal line after 30 weeks
HP Inc. stock sheds 14.4% and the weekly MACD drops below its signal line after 30 weeks, while a run of higher lows breaks on the daily chart. Technical analysis of a volatile name among tech stocks: support in the 27 area, and a new short is a high-risk trade setup.
Honeywell slips 1.3% under the 224 area as a new buy signal kicks in
Honeywell slipped 1.3% after setting a 30-day high, and a new buy signal kicks in right under resistance in the 224 area. Honeywell stock technical analysis: among the new buy signals on US stocks, a trade setup still capped by the long averages, calling for a cautious entry.
Robinhood sheds 10.6% and hits a 90-day low, yet closes above its 100-week average
Robinhood lost 10.6% in its 6th straight down week and hit a 90-day low, closing above the 100-week average in the 84.5 area. Robinhood stock technical analysis: among US stocks, a sell signal regaining its stride, yet for swing trading a fresh short is high-risk.
Thales stock gains 3.4% and closes just below the 200-day moving average
Thales stock climbs 3.4% and closes right against the wall of averages in the 236 area, where the Inversion Point sits. Weekly technical analysis: the MACD has sat below its Signal for 8 weeks and money flow has been negative for 10, a swing trading setup to follow closely.
Hims & Hers slips 0.1% as money flow weakens beneath the averages in the 29 area
Hims & Hers stock slips 0.1%, holding under the moving averages in the 29 area as money flow weakens. Price action stays bearish among US stocks, with the week closing in the lower part of its range, and November 9 earnings raise the risk of a price gap.
Hera gains 2.5%, reclaims its 200-week average and stalls under the daily Kumo
Hera gains 2.5%, reclaims its 200-week average in the 3.59 area and stalls under the daily Kumo. Technical analysis of Hera stock: it joins the new buy signals, but this trade setup still needs a close above the 3.68 area.
Home Depot climbs 2.9% and finally closes above its old 30-day high
Home Depot climbs 2.9% and closes above its old 30-day high, though resistance in the 335 area still caps the move. Technical analysis of Home Depot stock: the weekly MACD crosses up after 7 weeks, and this name stays among the weekly buy signals in US stocks.
Halliburton gains 3.6% as a new Buy signal fires, with the breakout still to come
Halliburton gains 3.6%, a 4th straight weekly rise, and a new Buy signal fires. Our technical analysis of this Halliburton stock trade setup: clean price action, but the 30-day high in the 36.5 area still needs clearing and our model rates opening here as high-risk.
Goldman Sachs gains 2.2% after 7 down weeks, but the moving averages cap the recovery
Goldman Sachs gains 2.2% after 7 down weeks, yet closes low in its range, turned back by the 50-day and 200-day averages in the 937 area. Our technical analysis of this US stocks swing trading setup: Goldman Sachs stock still shows weakening money flow and distribution.
Groupon falls 2.3% and breaks its 90-day low, days ahead of earnings
Groupon stock falls 2.3% and breaks its 90-day low, the 5th straight down week. Technical analysis: price action stays bearish, yet the ADX has been sliding for 12 weeks, making this one of the US stocks to watch into earnings on November 5.
GameStop slips 2.4%: a new Sell signal, as the stock bounces off its 50-day average
GameStop slips 2.4%, yet the week closes in the upper half of its range after a bounce off the 50-day average. GameStop stock flips to a new Sell signal with little push behind it: our technical analysis of this US stocks swing trading setup says wait.