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Content
Signals
All indicators - Medium term
Amazon.comApr 25, 2024
Alibaba Group ADRApr 25, 2024
Snowflake AApr 25, 2024
Chipotle Mexican GrillApr 25, 2024
Vertiv Holdings AApr 25, 2024

The market showed a small loss Thursday, and Nasdaq Combined Composite Index ended the day at 15612 points, which is a decline of 0.6 percent.

2268 shares were up and 4786 were down, while 318 remained unchanged, and there was no trading in 182 shares.

Total value of the trading volume for shares and primary capital certificates Thursday was approximately 629.4 billion.

Meta Platforms A closed at 441 dollar after posting a loss of 10.6 percent. The previous time the stock lost this much was Oct 27. 2022, when it closed down 24.6 percent. It was also high volume. Overall it was traded for 36586 millions dollar in the stock, which is six times as much as normal daily turnover. It does, however, look good technically. The stock is trend wise positive in the medium term and a further increase is indicated.
IBM closed at 169 dollar after a steep drop of 8.3 percent. The previous time the stock lost this much was Oct 21. 2021, when it closed down 9.6 percent. It was also high volume. Overall it was traded for 2821 millions dollar 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 dollar after posting a loss of 7.0 percent. The stock has never lost more in one day since Nov 4. 2020, when it was down 7.4 percent. The stock is trend wise positive in the medium term.
Bristol-Myers Squibb fell sharply to close at 44.70 dollar, down 8.5 percent. We must go back to Jan 3. 2019 to find an equally steep drop. That time the stock lost 13.9 percent. The volume was also high. At session end it was bought and sold shares for about 2015 million dollar in the stock, which equals four times mean daily turnover. Nor does it look good technically. The stock is trend wise negative in the medium term, has resistance at 48.40 dollar and a further decline is indicated.
Newmont rose sharply to close at 43.41 dollar, up 12.5 percent. The previous time the stock gained this much was Apr 9. 2020, when it closed up 13.4 percent. The stock is trend wise negative in the medium term.

US 500 weakly lower Thursday
The market showed a small loss Thursday, and S&P 500 ended the day at 5048 points, which is a decline of 0.5 percent.

Indices
S&P 500
arrow green   Weak Positive Candidate
S&P 500 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. The index has support at points 4600 and resistance at points 5250. The RSI curve shows a falling trend, which could be an early signal of the start of a falling trend for the price as well. The index is overall assessed as technically slightly positive for the medium long term.
Today´s Case
Impinj (PI) Price 155.55, Apr 25, 2024
chart
Impinj has broken up through the ceiling of the rising trend channel in the medium long term, which signals an even stronger rising rate. The positive development, however, may give rise to short term corrections down from today's level. The price has also broken a resistance level in the short term and given a positive signal for the short-term trading range. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately 141 dollar. Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive
Latest days indices
AEX-0.43%870.27
CAC40-0.93%8016.65
COMPX-0.64%15612.00
DAX-0.95%17917
HEX-2.01%9726.30
N100-0.72%1504.95
OMXC25GI-1.98%2153.83
OMXSPI-1.32%937.06
OSEBX0.41%1358.86
PSI200.19%6542.23
TECDAX-1.00%3266.76
BUK100P0.46%806.44
EURUSD0.31%1.0700
CL (OIL)0.92%83.57
Indices Evaluations
 SML
AEXposneutralpos
CAC40posneutralpos
COMPXnegposneutral
DAXpospospos
HEXnegnegneg
N100pospospos
OMXC25GIneutralposneg
OMXSPIneutralpospos
OSEBXpospospos
PSI20pospospos
TECDAXnegnegneg
BUK100Ppospospos
EURUSDnegposneutral
CL (OIL)posposneutral

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
US Stocks - Medium term
 
      
33% 36% 31%
 2524 Buy Candidates
 2702 Neutral
 2360 Sell Candidates
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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.


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.

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