Zscaler drops 5.1% as the decline pushes back against the 152 wall
Zscaler weekly technical analysis: the rebound stalls at the wall between the 20-week average and the daily Kumo ceiling, price action turns bearish again with 78% sell-side volume. The sell signal has been under management for 8 weeks, trade setup and levels to watch.
Zoom drops 3.4% as the Sell signal tightens back near the 87 area
Zoom weekly technical analysis: the Sell signal is in its sixth week under management, the short above 6% in profit. Price action trading turns choppy near the 87 area as ADX cools and momentum stalls into a fragile floor.
XPeng drops 8.9% as sellers retake control: the Sell signal closes its cracks
XPeng technical analysis: weekly update on the Sell signal under management for 13 weeks, with the short above 25% in profit. This week sellers retake control with 99% of volume, after last week's tentative signs of stabilization.
Exxon Mobil rises 6.5% and opens a fresh buy right on earnings day
Exxon Mobil weekly technical analysis: a fresh buy signal (3rd of 7 US Longs, signal strength 54) opens right on earnings day, with price boxed between resistance and support and trading flagged as not recommended by our model.
XLY sheds 5.2% as the Consumer Discretionary sell signal gains strength
XLY technical analysis: the SPDR ETF on US Consumer Discretionary sheds 5.2% with 86% of volume on the sell side, as money flow turns to distribution and the weekly MACD slips back negative.
XLV climbs 0.9% and returns to the edge of its record highs
XLV technical analysis: the US Health Care sector ETF bounces off its 20-day average, still hugging its record highs. 8th week of a buy setup, +8.76% since entry, signal strength 35/100, stop now at breakeven.