Overall Sector and Industry Analysis (EST Date Range: 2025-07-06 to 2025-08-05):
In the past 30 days leading up to August 5th, 2025, a cross-section of sectors showed varying momentum. A significant pattern is the overall increase in volume and minor price adjustments as we approach August, suggesting increased trader activity. Notably, industrials represented by Caterpillar (CAT) experienced steady trading volumes with slight downward price pressure in the last couple of days, while tickers like Axon (AXON) in technology had strong buying momentum, resulting in a bullish price movement over recent sessions.
Further, the healthcare sector, led by tickers like UroGen Pharma (URGN) and Danaher Corporation (DHR), displayed resilience with sustained high-volume trading, marked by slight upward ticks, signaling potential near-term growth opportunities. Contrarily, smaller cap stocks such as SICPQ and NTCL showed lower volume with more volatile price adjustments, indicative of speculative movements rather than industry trends.
Ticker Performance Prediction:
Based on the latest 10-day price and volume developments, the following tickers show potential for upward momentum in the next 2-3 days:
1. AXON – Strong bullish signals noted from increased buying volumes.
2. URGN – Steady volume support with upward price trend.
3. ALMS – Price resurgence backed by increasing volume suggests further upward potential.
Individual Stock Analysis:
AXON (Likely to rise in 1-3 days):
- Key Support Levels: $860.00, $857.00, $850.00
- Key Resistance Levels: $870.00, $875.00, $880.00
- 30-Minute Price Action: Expect continued bullish momentum. Price action is likely to test $870 resistance before challenging the $875 mark.
- Upside Swing Targets: Near-term targets could be $870 and $875, based on ATR movement.
- Entry Point: Consider entry around $860 support if volume confirms.
- Stop-Loss: Place stop near $850 to contain downside risk.
URGN (Likely to rise in 1-3 days):
- Key Support Levels: $20.50, $20.20, $19.90
- Key Resistance Levels: $20.90, $21.20, $21.50
- 30-Minute Price Action: Uptrend likely to continue. Target $20.90 and potentially $21.20 within next sessions.
- Upside Swing Targets: $20.90, $21.20 near key resistance points.
- Entry Point: Enter near $20.50 support zone.
- Stop-Loss: Stop can be placed below $19.90 to protect position.
ALMS (Likely to rise in 1-3 days):
- Key Support Levels: $4.15, $4.10, $4.05
- Key Resistance Levels: $4.25, $4.30, $4.35
- 30-Minute Price Action: Focus on potential breakout above $4.20, targeting $4.25 next.
- Upside Swing Targets: Aim for $4.25 and $4.30 on expected volume surge.
- Entry Point: Ideal entry around $4.15, close to support.
- Stop-Loss: Secure position with stop below $4.05, in case of reversal.