SNAP make a Stage 2 continuation breakout to new highs this week following a 9 week consolidation period from the major Stage 2 breakout attempt back in July, where it gapped up from the major base structure on significant volume following its earnings announcement.
Read More
Blog
26 September, 2021
$SNAP - Stage 2 Continuation Breakout to New Highs
26 September, 2021
US Total Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined
This chart is completely unique. Not available anywhere else. Average at 47.50% (+1.84% 1wk). Closed just under its own 50 day MA and so I'm giving it a neutral status. It needs a strong close above the 50 day MA to change it to a positive environment.
Read More
23 September, 2021
US Stocks Watchlist - 23 September 2021
There were 13 stocks for the US stocks watchlist today. Here's a small sample from the list: NTNX, CRM, QS, NVDA + 9 more...
Read More
22 September, 2021
US Stocks Watchlist - 22 September 2021
There were 16 stocks for the US stocks watchlist today. Here's a small sample from the list: ZS, SOFI, NFLX, AFRM, + 12 more...
Read More
21 September, 2021
US Stocks Watchlist - 21 September 2021
There were 15 stocks for the US stocks watchlist today. Here's a small sample from the list: APP, CALX, HOOD, ZI + 11 more...
Read More
20 September, 2021
US Stocks Watchlist - 20 September 2021
There were 18 stocks for the US stocks watchlist today. Here's a small sample from the list: ASAN, OPEN, DASH, ZIP + 14 more...
Read More
19 September, 2021
US Total Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined
This chart is completely unique. Not available anywhere else. Average at 45.65% (-0.61% 1 week). Status: Difficult Environment (still below its own declining 50 day MA).
Read More
19 September, 2021
US Stocks Watchlist - 19 September 2021
There were 27 stocks for the US stocks watchlist this weekend. Here's a small sample from the list: U, SHOP, STEM, FORG + 23 more...
Read More
19 September, 2021
104 Dow Jones Sector Industry Groups sorted by Relative Strength
104 Dow Jones Sector Industry Groups sorted by Relative Strength. Purpose is to track RS changes across the groups each week using stockcharts SCTR rating.
Read More
18 September, 2021
$PLTR - Stage 2 Breakout
PLTR made a Stage 2A breakout this week on more than 2x the average weekly volume, which is one of the key criteria that we look for in the Stage Analysis method in order to differentiate between the high quality and low quality breakouts. The other key criteria are, Relative Strength versus the S&P 500 outperforming, Relative Strength versus the Peer Group outperforming and for the stock to have no near term resistance (six months or more of basing is a good rough guide for this).
Read More