Overall Sector and Industry Analysis:
Datetime Range: August 1, 2024 – August 29, 2024 (EST)
Based on the uploaded data, I will analyze the overall sector and industry performance for the last 30 days with a special focus on the last 10 days.
Tech Sector:
– Tickers Referenced: PANW, HUBS, FN, TEAM, ZS, ISRG
– Performance: Most tech stocks have shown steady gains over the past 30 days, with particularly strong volume spikes in the last 10 days, suggesting an increase in investor interest and potential for short-term momentum.
– Trends: High demand and strong resilience in the face of broader market volatility. Stocks such as ZS and PANW have shown consistent upward movement, indicative of strong institutional buying.
Biotech and Pharma Sector:
– Tickers Referenced: AGMH, TCBP, ARQT, EOLS, ELUT
– Performance: Mixed performance with some significant spikes in volume and price in the past 10 days. TCBP and EOLS, in particular, showed strong upward price movement suggesting they could be under accumulation.
– Trends: A noticeable interest in biotech stocks possibly due to earnings reports or clinical trial results. Notable price action in TCBP indicates a potential short-term bullish trend.
Miscellaneous High-Cap Sector:
– Tickers Referenced: DELL, FTAI, SGLY, ISRG
– Performance: Positive price action with high volumes in the last 10 days, especially in DELL and FTAI, which saw significant increases in price and trading volume.
– Trends: Strong performance by high-cap stocks, potentially driven by earnings or product announcements.
Ticker Performance Prediction
Likely to Go Up in the Next 2-3 Days:
1. TCBP: Strong bullish pattern with high volume support.
2. ZS: Continues to show bullish patterns with high demand.
3. DELL: Significant recent volume and price increase, indicating strong upward momentum.
4. ARQT: Showing bullish tendencies with steady volume.
Individual Stock Analysis
1. TCBP (TC BioPharm)
– Support Levels: 4.50, 4.30, 4.00
– Resistance Levels: 5.50, 5.90, 6.20
– Price Action Predictions: TCBP has shown a strong uptrend and high volume recently. Look for a breakout above 5.00 to target levels of 5.90 and 6.20 in the next 1-3 days.
– Price Targets: 5.50, 5.90, 6.20
– Entry Point: Around 4.50-4.60
– Stop-Loss: 4.30
– Chart:
2. ZS (Zscaler, Inc.)
– Support Levels: 197.00, 196.00, 195.00
– Resistance Levels: 202.00, 205.00, 210.00
– Price Action Predictions: ZS is trending upward with strong volume. A break above 200.00 could take it to 205.00-210.00 in the next 1-3 days.
– Price Targets: 202.00, 205.00, 210.00
– Entry Point: Around 197.00
– Stop-Loss: 195.00
– Chart:
3. DELL (Dell Technologies)
– Support Levels: 110.00, 108.00, 106.00
– Resistance Levels: 112.00, 115.00, 118.00
– Price Action Predictions: With a recent strong run and volume surge, DELL could continue its uptrend towards 115.00-118.00.
– Price Targets: 112.00, 115.00, 118.00
– Entry Point: Around 110.00
– Stop-Loss: 108.00
– Chart:
4. ARQT (Arcutis Biotherapeutics)
– Support Levels: 10.50, 10.20, 10.00
– Resistance Levels: 11.20, 11.50, 12.00
– Price Action Predictions: ARQT shows recent upward busts with substantial volume. Watch for a push past 11.00 to potentially hit 11.50 and 12.00.
– Price Targets: 11.20, 11.50, 12.00
– Entry Point: Around 10.50
– Stop-Loss: 10.20
– Chart:
This analysis highlights the recent trend and volume activity within different sectors and points out specific stocks expected to continue their upward trend. Always ensure to consult multiple data points and perform due diligence before making investment decisions.