Stock Market News / Page 67

Technical Analysis – Google’s stock bounces back after decline

Posted on March 10, 2022 at 8:22 am GMT

Google’s share price has been trending downwards in the short term, generating a clear structure of lower highs and lower lows. However, the stock managed to pare part of its losses since further downside moves were rejected at the lower Bollinger Band. The momentum indicators suggest that the stock’s near-term bias is turning cautiously positive. The stochastic oscillator has posted a bullish crossover, while the RSI is charging higher and seems ready to overpass the 50-neutral threshold. Should the positive [..]

Technical Analysis – Nvidia’s stock crosses below its 200-SMA; bearish outlook

Posted on March 9, 2022 at 8:43 am GMT

Nvidia’s stock has taken a heavy hit over the last few trading sessions, crossing below its 200-day simple moving average (SMA) as negative forces linger. Moreover, the stock continues to be trading below its November downtrend line, supporting an overall bearish outlook. The short-term momentum indicators are reflecting a negative bias too as the RSI is steady below its 50 neutral mark. Also the MACD is found below zero and below its red signal line, which indicates that the negative [..]

Defence stocks: The obvious bet as Russia’s invasion unfolds – Stock Market News

Posted on March 8, 2022 at 4:14 pm GMT

The Russian invasion of Ukraine has spread fear amongst investors as the heavy sanctions imposed on the Russian economy could derail global economic growth. Moreover, skyrocketing oil and commodity prices might further fan the flames of inflation, which could force central banks to take more aggressive monetary policy tightening actions, jeopardising the global economic recovery process. However, despite the ongoing negative sentiment in the market, the nervous environment could still translate into profits for the military sector. Defence stocks on [..]

Technical Analysis – US 500 remains volatile amid an overall bearish outlook

Posted on March 8, 2022 at 8:19 am GMT

The US 500 cash index has recorded heavy losses over the last few trading sessions as negative pressures linger. Moreover, the 50-day simple moving average (SMA) is looking ready to cross below the 200-day SMA, increasing fears of a sustained bearish outlook. However, the index is currently trading close to its lower Bollinger Band indicating that an immediate upside reversal is not out of the equation. The short-term momentum indicators are painting a negative picture too as the RSI is [..]

Technical Analysis – EU50 index hits the lower Bollinger Band; bearish forces linger

Posted on March 4, 2022 at 1:54 pm GMT

The EU 50 cash index has taken some heavy damage lately, as elevated negative pressures persist. Moreover, the 50-day simple moving average (SMA) has recently crossed below the 200-day SMA, reinforcing the case for a sustained bearish outlook. However, the index is currently trading below its lower Bollinger Band indicating that an immediate upside move should not be ruled out. Short-term momentum indicators are reflecting a mixed picture for the index. The MACD is found below zero and its red [..]

Technical Analysis – US 100 index forms a ‘death cross’ as negativity persist

Posted on March 4, 2022 at 8:43 am GMT

The US 100 index has taken some heavy damage lately, briefly reaching a 10-month low at 13,030 last week. Elevated negative pressures are still troubling the index, with the 50-day simple moving average (SMA) crossing recently below the 200-day SMA forming a ‘death cross’, which reinforces the thesis for a sustained bearish outlook. The short-term momentum oscillators are painting a mixed picture as the RSI is steady below its 50 neutral mark. On the other hand, despite being below zero [..]

Technical Analysis – JP 225 index finds support at 26,100 after diving to 15-month low

Posted on March 3, 2022 at 1:25 pm GMT

JP 225 index looks to be creating a floor around the 26,100 support as the RSI and the MACD seem to have reached a bottom in bearish territory and are now changing direction to the upside. Traders, however, would be more eager to engage in buying activities if the price manages to surpass the nearby 20-day simple moving average (SMA) around 26,950. If this is successfully breached, then the rally may next rest near the 40-day SMA at 27,281 and the 27,900 [..]

Technical Analysis – US30 index marks yet more lower lows; bearish forces persist

Posted on March 3, 2022 at 12:40 pm GMT

The US 30 index has taken some heavy damage lately, reaching an 11-month low last week. Elevated negative pressures have been troubling the index, which has been recording successive lower lows since December. Moreover, the 50-day simple moving average (SMA) is looking ready to cross below the 200-day SMA, which could reinforce the thesis for a sustained bearish outlook. The short-term momentum oscillators are painting a mixed picture as the RSI is steady below its 50 neutral mark. On the [..]

Stocks to watch as the metaverse mania intensifies – Stock Market News

Posted on March 3, 2022 at 9:31 am GMT

Investors are increasingly interested in the metaverse, looking for stocks that can capitalize on this upcoming technology growth. The metaverse is widely considered as the next generation of the internet, where people would interact for business, socializing and gaming in online virtual worlds that resemble real life. Metaverse market could soon explode According to Bloomberg, the global metaverse revenue opportunity could approach $800 billion by 2024. This figure incorporates projected revenues from virtual (VR) and augmented reality (AR) hardware, live [..]

Technical Analysis – US 500 remains volatile; overall bearish outlook

Posted on March 2, 2022 at 2:42 pm GMT

The US 500 cash index has quickly bounced above its 9-month low at 4,106 touched last week. However, the elevated negative pressures are still troubling the index, which is currently trading well below its 50- and 200-day simple moving averages (SMAs), reflecting an overall bearish outlook. The short-term momentum indicators are painting a mixed picture as the RSI steady below its 50 neutral mark. On the country, the MACD is found below zero but above its red signal line, which [..]

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