Overall Sector and Industry Analysis:
Datetime Range Analyzed (EST): 2024-09-19 13:30 to 2024-09-19 16:00
Technology Sector:
– AMD (Advanced Micro Devices): The semiconductor sector is showing mixed signals, with AMD experiencing a decrease in the second half of the 30-minute interval despite the high volume. The overall trend in the past 10 days has been bearish.
– ANET (Arista Networks): The networking segment is maintaining relatively stable prices with slight fluctuations. ANET showed a bullish end but overall mixed intra-day movements.
– TSM (Taiwan Semiconductor Manufacturing): Slightly bearish trend with TSM showing a dip in price during the last 30-minute interval.
Consumer Discretionary:
– TSLA (Tesla): The auto and electric vehicles sector indicates significant volatility with upward momentum coming to a pivot towards the end of the day.
– META (Meta Platforms): Social media is experiencing a stable upward trajectory. META shows bullish behavior in intra-day trading volumes.
Industrial:
– CAT (Caterpillar): Heavy machinery seems stable with minor fluctuations but maintaining a parity in its recent runs.
– DE (Deere & Company): Similar to CAT, maintaining slight stability with a minor bearish movement towards the end of the trading day.
Financial:
– GS (Goldman Sachs): Financial complete–banking exhibits slight bearish trends and intra-day low volume fluctuations.
– AMP (Ameriprise): High volume with relatively stable prices indicate stagnant trends soon after a slight increase in movement.
Health Care:
– MEDP (Medpace Holdings): Health sector shows mixed signals with intra-day end closing lower slightly toward negativity.
– TMO (Thermo Fisher Scientific): Shows a minor dip which reverts back to a higher average, indicating potential consolidation phase.
Ticker Performance Prediction:
Likely to go up in the next 2-3 days:
– META (Meta Platforms)
– ANET (Arista Networks)
– FIX (Comfort Systems USA)
– TSLL (Tesla Leverage)
– LB (L Brands)
Strong bullish signals:
– META: Significant high relative volumes coupled with minor bullish movements.
– FIX: Shows strong upward performance with steady increase throughout the day.
Individual Stock Analysis:
META (Meta Platforms):
- Support Levels: 557, 556, 554
- Resistance Levels: 560, 562, 564
Price Action Predictions:
– Near-term price target: 562.18 based on last peak.
– Entry Points: 558.30 (near support level)
– Stop-Loss: 557.00
FIX (Comfort Systems USA):
- Support Levels: 374, 372, 370
- Resistance Levels: 380, 382, 384
Price Action Predictions:
– Near-term price target: 382.00 based on uptrend
– Entry Points: 374.90 (near support zone)
– Stop-Loss: 373.00
ANET (Arista Networks):
- Support Levels: 374, 372, 370
- Resistance Levels: 380, 382, 384
Price Action Predictions:
– Near-term price target: 382.00 based on uptrend
– Entry Points: 374.90 (near support zone)
– Stop-Loss: 373.00
TSLL (Tesla Leverage):
- Support Levels: 12.05, 11.95, 11.80
- Resistance Levels: 12.20, 12.30, 12.40
Price Action Predictions:
– Near-term price target: 12.30 based on intraday high.
– Entry Points: 12.05 (near support zone)
– Stop-Loss: 11.95
LB (L Brands):
- Support Levels: 39, 38.5, 38
- Resistance Levels: 41, 41.5, 42
Price Action Predictions:
– Near-term price target: 41.5 based on past highs.
– Entry Points: 39.25 (near support)
– Stop-Loss: 38.90
Key takeaways will emphasize continued monitoring of volume upon approach to the resistance levels to anticipate breakouts or reversals.