Overall Sector and Industry Analysis (EST: 2025-05-19 to 2025-06-18)
In the past 30 days, the dataset reveals varied performance across sectors. Notably, within the telecommunications sector, LUMN displayed stasis with low trading volume, indicating a lack of investor interest. In contrast, the semiconductor sector, represented by TSM, exhibited stable and bullish price momentum, aided by an increasing volume trend. This emphasizes strong sector-specific activity likely driven by demand in technological advancements and global chip shortages impacting inventory levels.
In the materials sector, exemplified by PCT, the visualized journey was of volatility with intermittent spikes in volume, indicating speculative interest possibly tied to economic recovery narratives. The financial sector, notably RDDT, portrayed slight upward momentum characterized by minor price fluctuations and steady volume trends.
The IT services segment, shown by CRDO, displayed mixed sessions with fluctuations yet closing strong toward the end, signaling a potential upward trend amidst geopolitical tensions and the IT industry’s inherent cyclicity. Meanwhile, health insurance provider OSCR exhibited robust intraday movements with frequent high-volume activity, suggesting active investor trade dynamics possibly due to shifting healthcare policies or earnings announcements.
Ticker Performance Prediction
Likely to Go Up in the Next 2-3 Days:
– TSM and CRDO are prime candidates for short-term bullish movements. TSM shows sustained bullish activity supported by volume growth, while CRDO’s late surge and volume spike suggest upward pressure.
Strong Bullish Signals:
– TSM‘s consistent resistance testing and higher lows indicate strong accumulation.
– CRDO showed a late session buying spree with price closing at an intraday high.
Individual Stock Analysis
- TSM
Support Levels:
- 213.30 (recent low)
- 213.00 (psychological level)
- 212.50 (prior consolidation zone)
Resistance Levels:
- 213.60 (recent significant high)
- 214.00 (near-term peak)
- 215.00 (strong reversal point recently)
Price Action Predictions:
- Expect a mild upward continuation towards 214.00 and potentially test higher highs around 214.50 in subsequent sessions.
- Entry near 213.30; stop-loss beneath 213.00.
- Targets set at 213.90 (ATR movement) and 214.50.
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CRDO
Support Levels:
- 85.00 (psychological round number)
- 84.50 (recent support bounce)
- 84.00 (historical demand level)
Resistance Levels:
- 85.70 (recent high)
- 86.00 (psychological)
- 86.50 (extended target)
Price Action Predictions:
- Likely rebound to test the 85.90 area, with scope to reach 86.30.
- Entry near 85.30 with protective stop-loss under 85.00.
- Target immediate 86.00, extend to 86.50 based on price reactions.
In conclusion, the analysis suggests selective opportunities in TSM and CRDO likely to capitalize on prevailing momentum and volume profiles. The identified patterns and levels form the crux of a strategic approach within this swing trading horizon.