Investtech.com

Analysis News

  • The best newsletter in the market
  • Customisable and personal
  • By e-mail every morning, for free

Receive Analysis News:

EMail:

Free daily newsletter every morning

Content
Technical Stock Analysis
teaser
Order Investtech's book about Technical Stock Analysis!
  • English edition
  • 100 pages
  • ISBN: 82-99021-6-5
Read more!    

The market showed a flat development and Dow Jones Industrial Average (DJX) ended the day at 24665 points (0.00 percent). The week as a whole showed a gain of 1.3%.

6 shares were up and 24 were down, while 0 remained unchanged, and there was no trading in 2 shares.

Value of the total volume of shares and primary capital certificates traded Friday was approximately 38.3 billion.

International Business Machines Corp (IBM) developed negatively and fell 1.90 percent to a close of 145 dollar. The stock thereby broke the earlier bottom it set Feb 8 and reached a new year-low. It does not look good technically either. The stock is assessed as technically negative for the medium long term.
Apple Inc (AAPL) closed at 166 dollar after a steep drop of 4.10 percent. The previous time the stock lost this much was Feb 2, when it closed down 4.34 percent. It does, however, look good technically. The stock is trend wise positive in the medium term, is testing the support at 164 dollar and a further increase is indicated.
General Electric Company (GE) ended with a solid gain of 3.93 percent and closed at 14.54 dollar. We must go back to Mar 27 to find an equally strong rise. That time the stock gained 4.27 percent. The stock is trend wise negative in the medium term. The stock has support at 13.00 dollar and resistance at 25.20 dollar.
Procter & Gamble Company (PG) developed negatively and fell 1.53 percent to a close of 73.80 dollar. The stock has now fallen for the fourth day in a row and this past week the stock has lost as much as 5.83 percent. Nor technically does it look good. The stock is assessed as technically slightly negative for the medium long term.
Johnson & Johnson (JNJ) closed at 127 dollar after a small loss of 0.70 percent. The stock has now fallen for the fourth day in a row. It does not look good technically either. The stock is trend wise positive in the medium term, but has broken down through the support at 129 dollar.

S&P 500 flat on Friday
The market showed a flat development and S&P 500 Index (SPX) ended the day at 2693 points (0.00 percent). For the week as a whole the index showed a gain of 1.4%.

NASDAQ flat on Friday
Nasdaq Combined Composite Index (COMPX) moved more or less horizontally on Friday and closed at 7238 points (0.00 percent). For the week as a whole the index showed a gain of 1.8%.

NYSE flat on Friday
The market showed a flat development and Nyse Composite (NYA) ended the day at 12672 points (0.00 percent). For the week as a whole the index showed a gain of 1.0%.

Signals
All indicators - Medium term
Goldman Sachs GroupApr 20, 2018
International BusinessApr 20, 2018
Coca-Cola CompanyApr 20, 2018
Home DepotApr 18, 2018
Caterpillar IncApr 18, 2018
Latest days indices
AEX-0.17%550.38
ATX0.00%3406.09
CAC400.39%5412.83
COMPX0.00%7238.06
DAX-0.21%12541
DJX0.00%24665
HEX-0.41%9766.60
N1000.15%1050.02
OMXC25GI-0.12%1153.58
OMXSPI0.56%576.01
OSEBX-0.55%846.17
PSI200.11%5527.86
TECDAX-0.56%2623.86
UKX0.54%7368.17
VIX SP5000.00%15.96
EURUSD-0.44%122.8422
CL (OIL)-0.23%68.30
Investtech App
The Investtech App is available on the App Store and Google Play. Get access to Investtech's analyses on your phone or tablet!

Read more
      
Indices
S&P 500 Index
   Weak Positive Candidate
S&P 500 Index has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The index has support at points 2580 and resistance at points 2870. The index is assessed as technically slightly positive for the medium long term.
Nasdaq Combined Composite Index
   Weak Positive Candidate
Nasdaq Combined Composite Index has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. Is moving within a rectangle formation between support at 6907 and resistance at 7665. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 6870 and resistance at points 7600. The index is overall assessed as technically slightly positive for the medium long term.
Nyse Composite
   Positive Candidate
Nyse Composite has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. A head and shoulders formation is under development. A decisive break of the support at 12314, ideally with an increase in volume, signals a further fall. The index has support at points 12230 and resistance at points 13630. The index is overall assessed as technically positive for the medium long term.
Today´s Case
3M Company (MMM) Price 217.75, Apr 20, 2018
3M Company has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The stock has broken up through the resistance at dollar 214. This predicts a further rise. In case of negative reactions, there will now be support at dollar 214. The stock is assessed as technically positive for the medium long term.
Recommendation: Positive
Indices Evaluations
 SML
AEXpospospos
ATXneutralneutralneutral
CAC40pospospos
COMPXneutralpospos
DAXpospospos
DJXposposneutral
HEXneutralneutralpos
N100pospospos
OMXC25GInegnegpos
OMXSPInegnegneutral
OSEBXneutralpospos
PSI20pospospos
TECDAXnegneutralpos
UKXpospospos
VIX SP500neutralnegneutral
EURUSDpospospos
CL (OIL)pospospos

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
Dow Jones - Medium term
 
      
47% 31% 22%
 15 Buy Candidates
 10 Neutral
 7 Sell Candidates
New: Android app!
teaser
Free app - Investtech's app is now available for Android devices! Get today's stock, today's signals, etc, for free on your handheld device!
 Read more!     
 
Cancel Analysis News
Disclaimer Copyright © 2018 Investtech.com AS, Org nr 978 655 424 MVA


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

[ Back to default newsletter setup ]

Customised newsletter

Investtech subscribers can customise AnalysisNews. Add your own stocks, your own portfolios, etc, and get the updates directly to your inbox. A customised newsletter is the best way to get a daily overview of the market and your own investments.
Wherever you see this button, you can click it in order to add a simplified version of the page to AnalysisNews or to your start page.

Edit AnalysisNews

Register as a recipient of AnalysisNews in order to customise the content.
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK
Free Trial Now