Overall Sector and Industry Analysis:
Date Range Analyzed:
From 2024-06-25 to 2024-07-25 (EST).
Based on the data provided, the analysis spans the last 30 days of trading activity, emphasizing the volume and price changes within the most recent 10 days. Here’s a sectoral and industry overview derived from the stock price and volume movements:
- Technology Sector:
- EMBC, IVVD, AXON, SIRI: Exhibited mixed movements with moderate trading volumes. Less volatility was observed, suggesting relative stability.
- Trends: IVVD and AXON showed consistent price patterns with AXON experiencing mild downward pressure.
- Healthcare Sector:
- CHUY, BHIL, PTGX, ACET: Demonstrated varied performance with notable volume spikes, suggesting potential investor interest. PTGX, in particular, showed higher trading activity, indicating a potential momentum build-up.
- Trends: PTGX displayed an ongoing bullish trend with sustained volume, hinting at a possible continuation.
- Financial Services:
- VIRT, MANH, DPZ: Experienced stable price ranges with occasional volume surges. MANH and DPZ had stable price corrections, reflecting underlying economic factors.
- Trends: DPZ and MANH had minor corrections but maintained overall stability.
- Consumer Discretionary:
- WING, FIX, PRG: Observed with substantial daily trading volumes and mild fluctuations in price levels. Fit within a consolidation pattern.
- Trends: PRG showed promising signs of an uptrend with stable investor activity.
- Industrials:
- CNSWF, COE, SYNX, FEIM: Had varying price movements with spikes in trading volumes. COE and SYNX displayed considerable activity implying possible trading interest.
- Trends: COE and SYNX witnessed volume-based price corrections implying resurgence chances.
Ticker Performance Prediction:
Based on the analysis:
– Likely to Go Up in the Next 2-3 Days:
– PTGX: Strong bullish signals indicating possible upward momentum.
– COE: Consistent volume spikes suggest a near-term rise.
Individual Stock Analysis:
PTGX (Protagonist Therapeutics Inc.)
Key Levels for Support:
1. $41.00
2. $41.20
3. $41.40
Key Levels for Resistance:
1. $41.90
2. $42.10
3. $42.30
Price Action Predictions (Next 2-3 Days):
– PTGX is likely to break upwards past the $42 mark, testing resistance levels at $42.10, $42.30 making way towards $42.50.
Price Targets for 1-3 Day Swing:
– $42.30 (Near resistance)
– $42.50 (ATR-based target)
Entry Points near Key Support Levels:
– $41.20
– $41.50
Recommended Stop-Loss:
– $40.90
– $41.00
Finviz Chart:
–
COE (China Online Education Group)
Key Levels for Support:
1. $18.30
2. $18.50
3. $18.70
Key Levels for Resistance:
1. $18.95
2. $19.20
3. $19.50
Price Action Predictions (Next 2-3 Days):
– COE will likely rise towards $19.20, testing immediate resistance at $19.20 and $19.50.
Price Targets for 1-3 Day Swing:
– $19.20 (Immediate resistance)
– $19.50 (Next resistance)
Entry Points near Key Support Levels:
– $18.50
– $18.70
Recommended Stop-Loss:
– $18.30
– $18.40
Finviz Chart:
–
MANH (Manhattan Associates Inc.)
Key Levels for Support:
1. $249.60
2. $250.00
3. $251.00
Key Levels for Resistance:
1. $251.60
2. $252.70
3. $253.90
Price Action Predictions (Next 2-3 Days):
– MANH expected to correct upwards to around $252.70, testing resistance at $252.90 and closing near $255.
Price Targets for 1-3 Day Swing:
– $251.60 (Immediate resistance)
– $253.90 (Higher resistance)
Entry Points near Key Support Levels:
– $250.00
– $251.00
Recommended Stop-Loss:
– $248.90
– $250.00
Finviz Chart:
–
This concludes the recent momentum and technical analysis based on the data provided. The identified stocks are likely to show significant movement based on the observed patterns and volume changes. Note that continuous monitoring and reevaluation are required to adapt to market changes.