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Continuation Breakout Tuesday 3PM 7/22/2025

July 22, 2025 3 min read

Overall Sector and Industry Analysis:
Analyzed Date Range: June 22, 2025 – July 22, 2025 (EST)

The data provided covers various sectors and industries, showing mixed performance over the past 30 days, with emphasis on the last 10 days. The markets showed signs of volatility with some stocks characterized by high volume spikes and large price swings, suggesting active trading environments. The diversified nature of the stocks, ranging from tech like SNPS to consumer goods like HSY, highlights a varied sectoral impact, with technology and healthcare showing notable momentum.

  1. Technology: SNPS and MDB showed consistent volume indicating investor interest. SNPS displayed notable bullish momentum with consistent upward price movements and volume accumulation, which could signal upcoming upward momentum.

  2. Healthcare: Stocks like LLY displayed resilience with strong volume and steady price increases. NVR saw high volatility but ended higher, indicating potential investor confidence.

  3. Consumer Discretionary: ALGN and ULTA saw positive price momentum with increasing volume, hinting at potential upward trends in the near term.

  4. Energy and Materials: UEC displayed mixed signals, with but increasing volumes possibly indicating accumulation at current price levels. RSI also showed pressure from mining stock prices with upside potential due to increased volume.

Ticker Performance Prediction:
Based on the technical patterns observed over the recent trading days, the following tickers are likely to trend upward in the next 2-3 days:

  1. SNPS – Strong bullish momentum and volume
  2. LLY – Steady upward trajectory with supporting volume
  3. NVR – High volatility with closing higher, suggesting a rebound
  4. ALGN – Consistent upward price actions and growing volume

Individual Stock Analysis:

  1. SNPS
    • Support levels: 610.00, 606.50, 602.60
    • Resistance levels: 616.75, 620.00, 625.00
    • Price Action Predictions: Expect retests of 616.75, with potential breakout to 620.00 if volume persists.
    • Entry Point: Near support at 610.00 after testing resistance.
    • Stop-Loss: Below 606.50 to mitigate downside risks.
    finviz dynamic chart for  SNPS
  2. LLY

    • Support levels: 773.00, 770.00, 765.00
    • Resistance levels: 776.00, 780.00, 785.00
    • Price Action Predictions: Maintain upward momentum, potentially testing 778.00.
    • Entry Point: Pullback to 773.00 providing a buying opportunity.
    • Stop-Loss: Below 770.00 to safeguard against reversals.
    finviz dynamic chart for  LLY
  3. NVR

    • Support levels: 7850.00, 7800.00, 7750.00
    • Resistance levels: 7920.00, 7950.00, 8000.00
    • Price Action Predictions: Potential upward breakout post recent consolidation, likely targeting 7950.00.
    • Entry Point: Close to 7850.00 with signs of an upward bounce.
    • Stop-Loss: Underneath 7800.00 level.
    finviz dynamic chart for  NVR
  4. ALGN

    • Support levels: 191.50, 190.00, 188.00
    • Resistance levels: 194.00, 195.50, 197.00
    • Price Action Predictions: Rising trend, watch for upward momentum testing 194.00.
    • Entry Point: Potential buying near 191.50.
    • Stop-Loss: Just below 190.00 to guard against false breakouts.
    finviz dynamic chart for  ALGN

These recommendations are based on historical price and volume patterns. Always consider current market conditions and individual risk levels before trading.

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