Overall Sector and Industry Analysis (from December 23, 2024, to January 22, 2025, EST):
The recent price and volume data across multiple stocks indicate a mixed performance in various sectors. Particularly, there is notable activity in the technology and financial sectors. A few tickers like MA (Mastercard) and ARHS (Arhaus, Inc.), and also in the industrial sector with DKS (Dick’s Sporting Goods) showing substantial price movements with increased volume, indicating heightened trader interest and potential upcoming momentum shifts.
In the technology sector, companies such as SMR and COIN have shown significant price increases with considerable volume, suggesting bullish sentiment and momentum favoring upward price action.
In finance, stocks like BX (Blackstone Inc.) and KKR have shown steady upward trends in recent weeks, with increased volumes suggesting institutional interest.
Ticker Performance Prediction:
Stocks likely to go up in the next 2-3 days:
– SMR: Showing continuous upward momentum with strong volume support and price exceeding recent resistance levels.
– COIN: High transaction volume coupled with price gains suggests continued bullish movement.
– DKS: Increasing volume with upward price movement over the recent sessions indicates bullish sentiment.
Individual Stock Analysis:
- SMR
- Support levels: $26.22, $25.85, $25.50
- Resistance levels: $28.93, $29.66, $30.00
- Price Action Prediction: Expect SMR to potentially move towards the $29 range if volume persists.
- Entry Point: Consider entering near $26.22
- Stop-Loss: Place stop-loss under $25.85
- Price targets: Near-term target at $28, stretch target at $29+
- Chart:
- COIN
- Support levels: $294.05, $289.24, $287.90
- Resistance levels: $303.56, $301.88, $305.00
- Price Action Prediction: Potentially moving up towards $305, watch for breaking of $303.56
- Entry Point: Around $295, slightly above $294 support
- Stop-Loss: Under $289 to manage risk
- Price targets: Initial target around $300, extended target at $305
- Chart:
- DKS
- Support levels: $236.07, $240.00, $241.93
- Resistance levels: $245.89, $247.00, $250.00
- Price Action Prediction: Possible continuation to $246-$247 range if maintaining current momentum.
- Entry Point: Ideal around $240
- Stop-Loss: Set under $240 to mitigate downside risk
- Price targets: Near-term $245, aggressive $247
- Chart:
In conclusion, all these three stocks are showing strong bullish signals based on recent price action and volume. It is crucial to monitor further volume developments and any potential news affecting these stocks for achieving expectations.