Overall Sector and Industry Analysis
DateTime Range Analyzed:
2024-06-28 to 2024-07-01 EST
During the analyzed period, sectors and industries showed varied performance. Let’s break down the activity:
- Health Care Sector:
- HUM (Humana Inc.): The 30-day trend indicated a mixed performance with some upward momentum in the recent 10 days. The closing price on 2024-07-01 showed a slight recovery, suggesting a potential reversal from a dip.
- ARQT (Arcutis Biotherapeutics): Displayed steady growth in the past 10 days with incremental volume supporting the bullish momentum.
- AMGN (Amgen Inc.): Experienced a strong upswing during the recent days, but showed some consolidation in the last two days.
- Technology Sector:
- TSLA (Tesla Inc.): Demonstrated significant bullish momentum with high trading volumes over the last 10 days. Substantial price jumps were noted.
- REGN (Regeneron Pharmaceuticals): Showed continuous growth with high trading volumes supporting the uptrend.
- Financial Sector:
- GS (Goldman Sachs): Displayed bullish behavior with a strong uptrend in the last couple of days of the analyzed window.
- MCO (Moody’s Corporation): High volatility was observed; however, there was a short-term bullish trend.
- Biotechnology and Pharmaceuticals:
- LABU (Biotech ETF): Indicated strong bullish behavior with high volume in recent days.
- UTHR (United Therapeutics): Showed a very strong uptrend with significant volume indicating sustained bullish momentum.
- Industrial Goods:
- WLFC (Willis Lease Finance): A steady growth trend in recent days with consistent volumes indicating a bullish pattern.
- Consumer Goods:
- NRIX (Nurix Therapeutics): Showed some volatility but recent price development suggests an upward trend garnering some investor interest.
- Services Sector:
- LH (Laboratory Corporation of America): Displayed a mixed trend with slight bullish momentum in the most recent data.
Ticker Performance Prediction
Likely to Go Up in 2-3 Days:
– ARQT (Arcutis Biotherapeutics)
– TSLA (Tesla Inc.)
– REGN (Regeneron Pharmaceuticals)
– GS (Goldman Sachs)
– LABU (Biotech ETF)
– UTHR (United Therapeutics)
Strong Bullish Signals:
– TSLA (Tesla Inc.)
– LABU (Biotech ETF)
– UTHR (United Therapeutics)
Individual Stock Analysis
1. ARQT (Arcutis Biotherapeutics)
- Support Levels:
- $9.12
- $9.32
- $9.41
- Resistance Levels:
- $9.61
- $9.66
- $9.68
- Price Action Predictions:
- Entry Point: Around $9.32
- Price Targets: $9.61, $9.66
- Stop-Loss: $9.12
- Chart:
2. TSLA (Tesla Inc.)
- Support Levels:
- $200.7
- $201.15
- $206.24
- Resistance Levels:
- $207.55
- $210.00
- $211.55
- Price Action Predictions:
- Entry Point: Around $201.15
- Price Targets: $207.55, $210.00
- Stop-Loss: $200.7
- Chart:
3. REGN (Regeneron Pharmaceuticals)
- Support Levels:
- $1045.66
- $1051.03
- $1060.88
- Resistance Levels:
- $1069.69
- $1070.00
- $1072.00
- Price Action Predictions:
- Entry Point: Around $1052.06
- Price Targets: $1069.69, $1070.00
- Stop-Loss: $1045.66
- Chart:
4. GS (Goldman Sachs)
- Support Levels:
- $454.01
- $455.25
- $455.58
- Resistance Levels:
- $456.44
- $458.48
- $459.67
- Price Action Predictions:
- Entry Point: Around $455.25
- Price Targets: $458.48, $459.67
- Stop-Loss: $454.01
- Chart:
5. LABU (Biotech ETF)
- Support Levels:
- $112.57
- $113.07
- $116.25
- Resistance Levels:
- $118.60
- $119.00
- $119.93
- Price Action Predictions:
- Entry Point: Around $112.75
- Price Targets: $118.60, $119.00
- Stop-Loss: $112.57
- Chart:
6. UTHR (United Therapeutics)
- Support Levels:
- $315.45
- $318.26
- $320.80
- Resistance Levels:
- $324.98
- $325.00
- $326.00
- Price Action Predictions:
- Entry Point: Around $318.26
- Price Targets: $324.98, $325.00
- Stop-Loss: $315.45
- Chart:
This analysis provides a strategic overview and actionable insights on the stocks with recent bullish momentum, aiding short-term momentum swing trading plans.