Overall Sector and Industry Analysis:
Datetime Range Analyzed: June 10, 2024 – July 10, 2024 (EST)
Sector and Industry Performance:
Based on the data provided, it seems that the past 30 days have seen a mix of both gains and losses across various sectors. The recent 10 days, however, show a heightened level of activity which might indicate some short-term opportunities for swing traders.
Notable Trends/Patterns:
Technology Sector:
– IOT, ZS, TYL, IT have shown signs of increased volume and price upticks recently. Notably, IOT and ZS are indicating strong bullish behavior with higher highs and substantial trading volumes.
– ALGN in the healthcare tech within this broad sector shows steady gains with increasing volume.
Healthcare Sector:
– REGN and EYEN are demonstrating bullish patterns. Specifically, REGN has a strong uptrend with intense trading volumes.
– GTHX has shown some promising price movements supported by increasing volumes in the recent trading days.
Financial Services:
– MCO and EQIX are showing signs of strength with rising prices backed by favorable volume spikes.
Ticker Performance Prediction:
Likely to Go Up Next 2-3 Days:
1. IOT
2. ZS
3. REGN
4. EYEN
5. GTHX
Strong Bullish Signals:
– IOT, ZS, REGN, EYEN, GTHX
Individual Stock Analysis:
- IOT:
- Support Levels: $35.60, $35.00, $34.50
- Resistance Levels: $36.70, $36.90, $37.40
- Price Action Prediction (Next 2-3 Days): Considering the recent uptrend and high volume, IOT may move towards the resistance level of $37.40.
- Price Targets for 1-3 Day Swing: $36.70, $37.00, and potentially $37.40
- Entry Points: Near $35.60 support
- Stop-Loss Levels: Below $35.00
- Finviz Chart:
- ZS:
- Support Levels: $198.00, $197.00, $196.00
- Resistance Levels: $203.00, $203.75, $205.00
- Price Action Prediction (Next 2-3 Days): ZS is likely to test the $203.75 resistance with potential activity towards $205.00
- Price Targets for 1-3 Day Swing: $203.00, $203.75, $205.00
- Entry Points: $198.00
- Stop-Loss Levels: Below $197.00
- Finviz Chart:
- REGN:
- Support Levels: $1080.00, $1075.00, $1070.00
- Resistance Levels: $1085.00, $1087.50, $1092.00
- Price Action Prediction (Next 2-3 Days): Based on its current trajectory, REGN may reach $1087.50.
- Price Targets for 1-3 Day Swing: $1085.00, $1087.50, $1092.00
- Entry Points: Near $1080.00
- Stop-Loss Levels: Below $1075.00
- Finviz Chart:
- EYEN:
- Support Levels: $0.97, $0.95, $0.94
- Resistance Levels: $1.02, $1.05, $1.10
- Price Action Prediction (Next 2-3 Days): Likely to see increased activity towards $1.05
- Price Targets for 1-3 Day Swing: $1.02, $1.05, $1.10
- Entry Points: $0.97
- Stop-Loss Levels: Below $0.95
- Finviz Chart:
- GTHX:
- Support Levels: $2.90, $2.85, $2.80
- Resistance Levels: $2.97, $3.00, $3.10
- Price Action Prediction (Next 2-3 Days): Continued upward momentum towards $3.00.
- Price Targets for 1-3 Day Swing: $2.97, $3.00, $3.10
- Entry Points: Around $2.90
- Stop-Loss Levels: Below $2.85
- Finviz Chart:
These short-term insights aim to provide potential trading opportunities for momentum traders. Ensure to engage in further due diligence and risk management practices.