Johnson & Johnson gains 1.7% as buyers take back control of the tape
Johnson & Johnson gains 1.7% with 81% of volume on the buy side and money flow back in positive territory. ADX has risen for 9 weeks: a swing trading case among US healthcare stocks, with the stock just under the 272 area, the trade 12.1% up and earnings due October 13.
JPMorgan sheds 1.8% as buyers thin out and the rally loses pace
JPMorgan sheds 1.8% as buyers slip to 53% of volume from 66% the week before. MACD histogram and momentum have been falling for 5 weeks, with price boxed between the 352 and 349 areas: for swing trading on US stocks, money flow is the last support standing.
JD.com sheds 0.5% as lower highs pin the decline under the 27.5 area
JD.com sheds 0.5% in a narrow weekly bar on contracting volume. Four lower highs drag the daily chart from the 29 area toward 28 as money flow thins: price action trading read on one of the US stocks already six weeks into a short.
IXUS slips 1.2% as buyers take back the majority of the week's volume
IXUS slips 1.2% on an indecisive weekly bar, and buyers take back 67% of the tape. Technical analysis of the international stocks ETF: money flow positive for 18 weeks and the MACD still under its signal line. A swing trading case that stays open.
IWV slips 0.5% as the daily highs step down from the 441 area to the 433 area
IWV slips 0.5% as the daily highs step down from the 441 area to the 433 area. A fresh sell signal fires on the ETF tracking the broadest gauge of US stocks: weekly technical analysis, price action and key levels.
IWB slips 0.5% as lower highs open a fresh sell signal
IWB slips 0.5% and prints 3 lower highs, from the 424 area toward the 419 area. A fresh sell signal fires on the Russell 1000 ETF: weekly technical analysis, bearish price action trading and a confirmation week still open.
Iveco Group adds 0.4% and stays pinned under its 7-day high ceiling
Iveco Group stock adds 0.4% and stays capped by its 7-day high, in the 14.12 area. The buy signal holds in week 2, with daily money flow still positive and a weak sector behind it: a trade setup to size with care.
Itaú Unibanco eases 0.9% and stays capped under the 43 area
Trading latinoamerica — Itaú Unibanco eases 0.9% and stays capped under its 7-day high. The buy signal from 2 weeks ago is holding: weekly technical analysis of the price action, the swing trading levels and what money flow says.
Itaúsa slips 1.1% while 5 higher lows press under its 7-day high
Trading latinoamerica — Itaúsa stock slips 1.1% while 5 higher lows build from the 12.8 area toward the 13.9 area. The buy signal from 2 weeks ago holds: a swing trading setup still capped by the 7-day high, in the 14.3 area.
ITOT sheds 0.5% and ends a 22-week buy run as the daily highs step down
ITOT sheds 0.5% and closes 22 weeks of buy signal: a sell signal fires. ITOT technical analysis on the US total market ETF shows 4 lower highs on the daily chart, while the quality band still rates the swing trade setup as not recommended.
Intuitive Surgical gains 6.6% and presses against its 7-day high
Intuitive Surgical stock gains 6.6% and presses again on its 7-day high, in the 395 area. Daily money flow is positive and buyers dominate the tape, yet the breakout has not happened: the buy signal is in its 5th week among this week's US stocks.
Intesa Sanpaolo gives back 2.4% as sellers retake the weekly bar
Intesa Sanpaolo gives back 2.4% as sellers retake the weekly bar, with money flow still positive but thinning. Weekly technical analysis of one of the Italian stocks to watch: a trade open for 23 weeks, now +17.9%, with the daily Kumo ceiling just overhead.
IREN climbs 6.5% off its 20-day average, yet the distribution phase still weighs
IREN bounces 6.5% with 99% of weekly volume on the buy side. The decline is losing conviction, and weekly price action still shows distribution, with the 12-week short more than 20% under water. Technical analysis of a swing trading case to handle with care.
Iridium slips 1.1% as a bearish engulfing bar hands control back to sellers
Iridium closes the week down 1.1% with 59% of volume on the sell side and a bearish engulfing bar on the daily chart. Week 9 of the sell signal: our technical analysis and swing trading view on one of the US stocks we follow.