Overall Sector and Industry Analysis
Datetime Range Analyzed: June 6, 2024, to July 5, 2024, EST.
Based on the analysis of the stocks’ price and volume data from the past 30 days, there are several noticeable trends and patterns across different sectors and industries. Notable sectors in this analysis include Technology, Health Care, Industrials, and Consumer Discretionary.
- Technology Sector:
- Key Stocks: INTU, NOW, PANW, ADBE, META, TEAM, CYBR, SNOW, DDOG, ZS
- Trend: There’s been sustained interest and stable to bullish trends in major tech stocks like META, NOW, and ADBE, as evidenced by steady increases in their volumes and prices over the past 10 days.
- Health Care Sector:
- Key Stocks: LLY, ARQT, LBPH, ISRG
- Trend: This sector shows mixed performance. LLY and ISRG show strong bullish signals over the most recent 10 days, supported by high volume and increasing price.
- Industrials Sector:
- Key Stocks: EVR, ORIC
- Trend: EVR has shown moderate bullish activity over the past 10 days.
- Consumer Discretionary Sector:
- Key Stocks: SMR, DECA, STG, BEST, XHG, GOSS
- Trend: Some tickers like SMR and BEST exhibit strong price movements supported by high volumes, suggesting upcoming bullish trends.
Overall, tech stocks remain robust, particular stocks in the health care sector are gaining traction, and certain consumer discretionary stocks show signs of positive momentum.
Ticker Performance Prediction
Likely to Go Up in 2-3 Days:
– META (Tech)
– ADBE (Tech)
– LLY (Healthcare)
– SMR (Consumer Discretionary)
Strong Bullish Signals:
– META: Continuously increasing volume and price.
– ADBE: High trading volume with upward price trends.
– LLY: Steadily increasing prices and volumes.
– SMR: Sharp increases in both price and trading volume over recent days.
Individual Stock Analysis
META (Tech)
- Support Levels: $532.39, $530.75, $528.00
- Resistance Levels: $536.26, $535.88, $534.41
Price Targets:
– Day 1: $536.00
– Day 3: $538.00
Entry Point: Around $532.39
Stop-Loss: Near $530.00 or slightly below.
ADBE (Tech)
- Support Levels: $576.98, $576.00, $574.50
- Resistance Levels: $580.23, $579.00, $578.55
Price Targets:
– Day 1: $579.00
– Day 3: $582.50
Entry Point: Around $577.00
Stop-Loss: Near $576.00 or slightly below.
LLY (Healthcare)
- Support Levels: $914.00, $913.35, $912.00
- Resistance Levels: $916.46, $915.35, $914.78
Price Targets:
– Day 1: $915.50
– Day 3: $917.50
Entry Point: Around $914.00
Stop-Loss: Near $912.00 or slightly below.
SMR (Consumer Discretionary)
- Support Levels: $12.610, $12.590, $12.00
- Resistance Levels: $13.240, $13.200, $13.100
Price Targets:
– Day 1: $13.20
– Day 3: $13.50
Entry Point: Around $12.60
Stop-Loss: Near $12.00 or slightly below.
This analysis is based on the provided data and recent trading activities. Always perform your thorough due diligence before making any trading decisions.