Stock Market News / Page 74

Technical Analysis – GER 40 moves sideways after retreating from all-time high

Posted on December 3, 2021 at 9:18 am GMT

GER 40 stock index (cash) has been charging upwards since February, recently posting a new record high at 16,296. Although the index plunged after its rally ceased, it has adopted a more sideways pattern in the last few sessions. The short-term picture seems bearish as the price dived beneath both its 50- and 200-day simple moving averages (SMAs). This imminent negative bias is also reinforced by the stochastic oscillators. The MACD histogram is currently found below its red signal line in the [..]

Technical Analysis – US 30 index bears dominate, keeping descent intact

Posted on December 2, 2021 at 4:29 pm GMT

The US 30 stock index’s (Cash) bearish outlook appears to be unwavering as the price continues to plot lower highs and lows. The diving 50- and 100-period SMAs and their bearish crossovers of the 200-period SMA is signalling that the retracement in the index from the all-time high of 35,562 may have some ways to go before buyers find their feet. The negative bearing has the upper hand as long as the price remains below the 35,000 handle, despite the [..]

Technical Analysis – US 500 extends decline from all-time high as bullish forces wane

Posted on November 30, 2021 at 9:56 am GMT

The US 500 stock index (cash) keeps trending upwards in the long term picture, creating a profound structure of higher highs and higher lows. However, in the four-hour chart, the index has been giving up ground since its rally halted at the new record high of 4,743. This recent pullback is likely to continue as the short-term oscillators indicate that the positive momentum is fading. The stochastic oscillator is negatively charged, while the RSI is flatlining well below the 50-neutral mark. Should the selling [..]

Technical Analysis – JP 225 index plummets in the short term; bias bearish

Posted on November 29, 2021 at 9:41 am GMT

Japan’s 225 stock index (cash) plunged in the previous session, erasing most of its recent rebound. The index crossed below both its 50- and 200-day simple moving averages (SMAs), which altered its short-term picture to negative. The descending move is likely to continue as the immediate bias seems bearish as well. The momentum indicators further reinforce that sellers have gained the upper hand as the MACD histogram is found both beneath zero and its red signal line, while the RSI is hovering [..]

Can anything stop the stock market? – Special Report

Posted on November 26, 2021 at 12:59 pm GMT

Stock markets have gone on an absolute rampage this year. The problem is that the factors that initially fueled this rally – heavy government spending and endless central bank liquidity – are slowly fading away. Meanwhile, new covid variants are threatening growth. Can corporate buybacks, the weaponization of call options, and sheer momentum keep this party going? Rocket fuel There’s a clear sense of euphoria driving this bull market. Asset prices seem almost immune to bad news, every dip is [..]

Technical Analysis – US 30 retreats from all-time highs but bullish forces linger

Posted on November 25, 2021 at 11:21 am GMT

The US 30 cash index has witnessed a minor pullback from its all-time high at 36,560 earlier this month. However, the overall outlook for the index remains bullish as the price is found above its 200-period simple moving average (SMA). The short-term momentum indicators reflect a positive bias for the index. The RSI is located above its 50 neutral mark, while the MACD is currently above its red signal line and it has recently crossed above zero. Should the price [..]

Technical Analysis – UK 100 index pulls back from fresh highs; bullish bias holds

Posted on November 25, 2021 at 11:21 am GMT

The UK 100 stock index (cash) has been trending upwards since February. However, the index experienced a minor downside correction lately after its rally peaked at the 20-month high of 7,400. This recent pullback is unlikely to continue as the momentum indicators suggest that the bullish forces are still in play. The stochastic oscillator is sloping upwards near the 80-overbought area, while the RSI is hovering in the positive region. Should the buying pressure intensify further, the immediate hurdle for [..]

Technical Analysis – US 500 retreats from all-time highs; bullish outlook

Posted on November 24, 2021 at 9:42 am GMT

The US 500 cash index witnessed a minor pullback in the past couple of sessions after recording an all-time high at 4,744. However, the overall picture remains bullish as the price is well above its 200-period simple moving average. The recent price depreciation that generated a negative bias, is reflected by the short-term momentum indicators. The RSI is hovering below its 50 neutral mark, while the MACD is found below zero and its red signal line. Should the price break [..]

Technical Analysis – US 30 index falls below 20-day SMA; broader outlook is bullish

Posted on November 19, 2021 at 10:04 am GMT

The US 30 cash index is retreating beneath the 20-day simple moving average (SMA), posting a bearish correction after the pullback off the record high of 36,561. The RSI indicator is pointing slightly down in the bullish zone, marginally above the neutral threshold of 50, while the stochastic oscillator is ticking lower after the bearish crossover within its %K and %D lines. If the index declines further, immediate support could come from the 40-day simple moving average (SMA) at 35,365 before hitting the [..]

Technical Analysis – US 500 index approaches new record highs

Posted on November 17, 2021 at 11:46 am GMT

The US 500 cash index powered back higher after its retreat in September, reaching a new record high. The overall picture remains bullish as the index is currently trading well above its 50- and 200-day simple moving average (SMA). Short-term momentum indicators are reflecting a mixed picture for the index. The MACD is looking ready to cross above its red signal line which would be an encouraging sign of strengthening momentum. However, the RSI has entered its 70 overbought region, [..]

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