Overall Sector and Industry Analysis
DateTime Range Analyzed: 2024-06-10 to 2024-07-10 (EST)
The past 30 days have shown a mixed performance across various sectors and industries. The technology sector has demonstrated strong momentum, especially in high-value stocks like AMD, ASML, and AEHR. The biotech and healthcare sectors have experienced moderate activity with stocks like ANVS and LLY. Conversely, sectors like energy (SOI) and consumer goods (COST) have shown some volatility but less momentum compared to technology.
In the most recent 10 days, there’s been noticeable volume accumulation in the tech sector, suggesting a bullish sentiment. Stocks like AMD and AEHR have seen higher trading volumes and have potential for upward price movements in the near term.
Ticker Performance Prediction
Based on the analysis, the following tickers are likely to go up in the next 2-3 days:
- AMD: Strong bullish signals with volume accumulation.
- AEHR: Significant price movements with matching volume trends.
- ASML: Stable upward price movement supported by volume.
Individual Stock Analysis
1. AMD ()
Key Support Levels:
– $183.00
– $182.50
– $181.80
Key Resistance Levels:
– $185.00
– $186.00
– $188.00
Price Action Prediction:
– Next 2-3 days: Expect a movement towards $185.00, with potential to reach $186.50 if volume remains high.
– Entry Point: Near $183.00 (support level).
– Stop-Loss: Around $181.50 to mitigate downside risk.
Price Targets:
– 1st Target: $185.00
– 2nd Target: $186.50
– 3rd Target: $188.00
2. AEHR ()
Key Support Levels:
– $15.40
– $15.20
– $15.00
Key Resistance Levels:
– $16.00
– $16.50
– $17.00
Price Action Prediction:
– Next 2-3 days: Likely to test the $16.00 resistance level.
– Entry Point: Near $15.40 (support level).
– Stop-Loss: Around $15.00.
Price Targets:
– 1st Target: $16.00
– 2nd Target: $16.50
– 3rd Target: $17.00
3. ASML ()
Key Support Levels:
– $1096.00
– $1090.00
– $1085.00
Key Resistance Levels:
– $1100.00
– $1105.00
– $1110.00
Price Action Prediction:
– Next 2-3 days: Expect a push towards $1100.00, potentially reaching higher levels.
– Entry Point: Near $1096.00 (support level).
– Stop-Loss: Around $1090.00.
Price Targets:
– 1st Target: $1100.00
– 2nd Target: $1105.00
– 3rd Target: $1110.00
These analyses are based on the historical data provided and current technical indicators. Investors should continue to monitor volume trends and any potential news that could impact stock performance. Adjust stop-loss and entry points as necessary based on real-time market conditions.