The market showed a negative development Thursday, and Dow Jones Industrial Average ended the day at 38086 points, which is a decline of 1.0 percent. 11 shares showed a gain and 19 showed a loss. 0 shares were unchanged and closed at the same price as the previous day. There was no trading in 0 shares. Total value of the trading volume for shares and primary capital certificates Thursday was approximately 67.4 billion. | |
IBM closed at 169 $ after a steep drop of 8.3 percent. We must go back to Oct 21. 2021 to find an equally steep drop. That time the stock lost 9.6 percent. It was also high volume. Overall it was traded for 2821 millions $ in the stock, which is five times as much as normal daily turnover. Technically, however, it looks good. The stock is trend wise positive in the medium term and a further increase is indicated.
Caterpillar closed at 338 $ after posting a loss of 7.0 percent. We must go back to Nov 4. 2020 to find an equally steep drop. That time the stock lost 7.4 percent. The stock is trend wise positive in the medium term.
Microsoft was down 2.4 percent to close at 399 $. The stock has not closed at a lower price since Jan 31. Nor does it look good technically. The stock is assessed as technically slightly negative for the medium long term.
Procter & Gamble showed a flat development and ended the day at 163 $ (-0.0 percent). The stock thereby reversed down after eight days of gains. It does, however, look good technically. The stock is trend wise positive in the medium term and a further increase is indicated.
Chevron gained 1.0 percent to 165 $. The stock has now risen for the seventh day in a row and this past week the stock has gained as much as 4.9 percent. It does, however, not look good technically. The stock is trend wise negative in the medium term and a further decline is indicated.
|
Merck & Co | 2.93% |
Intel | 1.77% |
Boeing | 1.51% |
UnitedHealth Group | 1.35% |
Chevron | 1.05% |
IBM | -8.25% |
Caterpillar | -7.02% |
Microsoft | -2.45% |
Amazon.com | -1.65% |
Amgen | -1.33% |
Microsoft | 16195.62 |
Apple | 8589.35 |
Amazon.com | 8553.14 |
IBM | 2821.16 |
Intel | 2336.55 |
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.