Technicals Archives - Page 47 of 116

2 minute read

Key Technical Indicator Flags Bearish Signal On The S&P 500 Index: US Stock Market May Drop About 14% If History Is Any Guide

June 7, 1:06 PM

A well-known technical indicator has just delivered a bearish signal for the S&P 500 index, which has previously been accurate in predicting market downturns.

SPY

2 minute read

MicroVision Continues To Spike Higher: Why A Retracement Is On The Horizon

By Melanie Schaffer

June 7, 10:27 AM

MicroVision, Inc (NASDAQ: MVIS) surged over 15% at one point Wednesday morning after closing Tuesday’s session up 30.39%, possibly as a result of a short squeeze.

MVIS

2 minute read

The SPY Tops Out, Beginning Bullish Consolidation Pattern: What To Watch In The Stock Market

By Melanie Schaffer

June 7, 8:29 AM

Amid a seemingly ceaseless cycle of rate hikes, analysts, even before the revelation of next week's Federal Reserve decision, are already setting their sights on July, anticipating another interest rate increase.

SPIKE

2 minute read

Could Nvidia Be Heading To $520? A Look At The Stock Chart

By Melanie Schaffer

June 6, 4:02 PM

NVIDIA Corporation (NSDAQ: NVD) was dropping about 1.8% lower Tuesday but on lower-than-average volume, which suggests consolidation rather than the bears being in control.

NVDA

2 minute read

Bitcoin Spikes Higher, Forming Double Bottom Pattern: A Technical Look At The Apex Crypto

By Melanie Schaffer

June 6, 2:25 PM

Bitcoin (CRYPTO: BTC) was popping up almost 4% during Tuesday’s 24-hour trading session after bouncing off the $25,400 level earlier in the trading session.

BTC

2 minute read

AMC Entertainment Stock Pops Over Trend Line: The Bull, Bear Case

By Melanie Schaffer

June 6, 10:54 AM

AMC Entertainment Holdings, Inc (NYSE: AMC) was trading slightly higher on Tuesday after breaking up from a descending trendline and falling to back test the level as support.

AMC

2 minute read

Apple’s Blue-Sky Run Killed When Expensive New Product Is Unveiled: The Bull, Bear Case

By Melanie Schaffer

June 6, 8:57 AM

Apple, Inc (NASDAQ: AAPL) reached a new all-time high on Monday during its Worldwide Developers Conference.

AAPL

2 minute read

Gold Rises Higher As Investors Weigh Recession Probability: This ETF Offers 2X Leverage

By Melanie Schaffer

June 5, 12:16 PM

Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) was rising more than 1% on Tuesday in tandem with spot gold, which was moving about 0.5% higher, possibly on new warnings a

DUST

2 minute read

Tesla Stock Could Provide Solid Entry Point Within This Trend

By Melanie Schaffer

June 5, 10:19 AM

Tesla, Inc (NASDAQ: TSLA) closed Friday’s session 3.11% higher, in tandem with the general market, which saw the S&P 500 rally 1.45%.

TSLA

2 minute read

Volatility In The Stock Market Reaches Nearly 2-Year Lows: What Lies Ahead?

By Melanie Schaffer

June 5, 8:26 AM

The CBOE Volatility Index (VIX), tracked by the ProShares Ultra VIX Short Term Futures ETF (NYSE: UVXY), and other tickers, dropped under the 15 area on Friday, which Benzinga pointed out as a

SPIKE