SPEM slips 0.2% as the pullback stalls on the 20-day average
SPEM sheds 0.2% and the pullback stalls, with a 2% bounce off the 20-day moving average in the 52 area. The SPDR emerging markets ETF holds above every weekly average, yet the contested highs keep the trade setup selective.
SPDW sheds 1.6% as rejection candles pile up below the highs
SPDW sheds 1.6% as rejection candles pile up below the highs. SPDW technical analysis, the developed markets ex-US ETF: a swing trade setup now in week 5, with contracting volume and the MACD below its Signal line.
SOXX gains 1.1% as 99% of the week's volume goes through on the buy side
SOXX, the semiconductor ETF, gains 1.1% with 99% of volume on the buy side and a 7% bounce off the 20-day average. Technical analysis in week 10 of the sell signal: MACD below its Signal, ADX falling, price boxed between the 530 and 533 areas, swing trading still on hold.
Virgin Galactic gains 5.1% on a 20-day average bounce as a new buy signal fires
Virgin Galactic climbs 5.1% and bounces 7% off its 20-day moving average, in the 3.0 area. A new buy signal fires on Virgin Galactic stock: second of 3 fresh US Longs, with volatile price action trading and a cautious entry.
SoFi Technologies sheds 2.1% as the daily lower highs keep stacking up
SoFi Technologies sheds 2.1% on contracting volumes, with sellers ahead in the weekly bar. On the daily chart 5 lower highs still stack up, from the 20 area toward 17. Weekly technical analysis and price action trading read on one of the US stocks to watch.
Snowflake adds 1% as buyers take back the majority of weekly volume
Snowflake stock adds 1% and buyers are back in the majority, at 55% of weekly volume. The MACD has held above its Signal line for 18 weeks, yet the histogram has faded for 5 and the RSI at 73 still flags overbought: weekly technical analysis of tech stocks.
Snap slips 2.6% as sellers take over the weekly bar and buying thins out
Snap slips 2.6% and sellers dominate the weekly bar, with buying thin on the daily tape. The buy signal is still open at week 6: technical analysis of Snap stock, price action trading and the levels that matter for swing trading among US stocks.
Sandisk rebounds 9.7% and presses back against its 7-day high
Sandisk rallies 9.7% and presses against its 7-day high, in the 1797 area. Weekly technical analysis shows a buy signal in week 2, contracting volume and a very tight corridor to clear: a swing trading case to handle with discipline.
SNDL bounces 2.2% off its 20-day average while the early-exit warning stands
SNDL bounces 2.2% and holds above its 20-day average, in the 1.36 area. The confirmation week closed lower, though, and our system has issued an early-exit warning: SNDL stock technical analysis on what is still in play for anyone staying in.
NuScale sheds another 3.9% as sellers keep their grip on the weekly bar
NuScale sheds 3.9% with sellers at 81% of weekly volume. A strong bearish engulfing on the daily chart and an ongoing distribution phase keep NuScale stock boxed between the 8.6 area and its 7-day low: technical analysis of a decline still in control among US stocks.
Super Micro Computer sheds 2.5% and rebounds 10% off its 20-day average
Super Micro Computer sheds 2.5% on the week and holds above its 50-week average. The 10% bounce off the 20-day average is holding, and the buy signal reaches week 5 — a swing trading setup among US stocks, with volatility still high.
SLB falls 8.8% as sellers take full control of the weekly bar
SLB drops 8.8% as sellers dominate the weekly bar and a fresh sell signal fires. Technical analysis of the swing trading setup: price is sliding toward recent lows, the decline is holding its pace, and our model rates the entry as high risk.
Shopify stalls at -0.2%, yet sellers still rule the weekly bar
Shopify stalls at -0.2% after the previous week's plunge, yet sellers still rule the weekly bar. Money flow turns negative and the ADX slides: a sell signal in week 2 on one of the jumpier tech stocks, with price pinned between two moving averages.
Saint-Gobain sheds 3.4% and slides down onto its 30-week low area
Saint-Gobain drops 3.4% and stretches its losing run to 6 straight weeks, with price hugging its 30-week low. Weekly technical analysis of Saint-Gobain stock: a sell signal in its 3rd week, signal strength at its maximum and a distribution phase underway for swing trading.