The market moved up Friday, and Dow Jones Industrial Average ended at 38676 points, which is an increase of 1.2 percent. The week as a whole showed a gain of 1.1 percent. 20 shares showed a gain and 10 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 Friday was approximately 69.9 billion. | |
Apple closed at 183 $ after posting a gain of 6.0 percent. The stock has never gained more in one day since Nov 10. 2022, when it was up 8.9 percent. Technically it also looks good. The stock is trend wise negative in the medium term, but has broken up through resistance at 181 $.
Amgen closed at 311 $ after a solid gain of 11.8 percent. The previous time the stock gained this much was Jul 8. 2009, when it closed up 13.9 percent. The volume was also high. At session end it was bought and sold shares for about 3002 million $ in the stock, which equals four times mean daily turnover. Technically it also looks good. The stock is trend wise positive in the medium term and a further increase is indicated.
Procter & Gamble gained 0.4 percent to 164 $. The stock thereby broke the previous record from Jan 2022 and set a new all time high. The stock has now risen for the fifth day in a row. It also looks good technically. The stock is trend wise positive in the medium term, has broken up through resistance at 163 $ and a further increase is indicated.
Merck & Co showed a small loss and ended the day at 128 $, which is a decline of 0.6 percent. The stock has now closed down for the fifth day in a row. Nor does it look good technically. The stock is trend wise positive in the medium term, but has broken down through support at 129 $.
Cisco Systems increased slightly 0.7 percent and ended the day at 47.12 $. The stock thereby reversed up after six days of losses. It does, however, not look good technically. The stock is trend wise negative in the medium term, has broken down through support at 48.00 $ and a further decline is indicated.
|
Amgen | 11.82% |
Apple | 5.98% |
Microsoft | 2.22% |
Home Depot | 2.18% |
Goldman Sachs | 1.30% |
McDonalds | -1.08% |
American Express | -0.74% |
JP Morgan Chase | -0.60% |
Merck & Co | -0.58% |
Johnson & Johnson | -0.43% |
Apple | 29932.04 |
Amazon.com | 7294.22 |
Microsoft | 7094.88 |
Amgen | 3002.29 |
Chevron | 1869.24 |
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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.