Technical Analysis

Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?

 Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?

Summary Chevron Corp. (NYSE: CVX) has outperformed the index and generated ~16.01 percent returns in the last 3 months. On the daily chart, CVX’s prices are moving in a horizontal channel pattern and taking support from the 100-period Sim...

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HSBC Holdings PLC Prices Continue to Surge, A New High on Cards?

HSBC Holdings PLC Prices Continue to Surge, A New High on Cards?

Summary HSBC Holdings PLC gained 4.18% percent in the last trading session and holding the key support level. The stock has broken a rising wedge pattern on the daily chart and getting major support from the 50-period simple moving average (SMA...

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McDonald's Corp. Prices Continue to Shine, are Investors Loving it?

McDonald's Corp. Prices Continue to Shine, are Investors Loving it?

Summary McDonald's Corp. (NYSE: MCD) gained 0.30% percent in the last trading session and stock prices are hovering near an all-time high. The stock price had broken an ascending triangle pattern on the daily chart and taking major support from...

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Technical Alert: IBM Successfully Pierces Through its Price Resistance

Technical Alert: IBM Successfully Pierces Through its Price Resistance

Summary International Business Machines Corp (NYSE: IBM) gained 3.90% percent in the last trading session. Post breaking out of a crucial resistance level the stock hit a new 52-week high. The stock has broken the rising channel pattern on the...

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PPG Industries Inc. Is at Record Peak, What to Expect Ahead?

PPG Industries Inc. Is at Record Peak, What to Expect Ahead?

ositive trend for the stock but at the same time, an overbought condition. PPG Industries Inc. (NYSE: PPG) is a manufacturer of a wide range of coatings and specialty materials. PPG’s price has broken out of its all-time high on Friday and se...

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Are Bitcoin Bears Gaining Strength or Bulls Retreating To Take a Leap?

Are Bitcoin Bears Gaining Strength or Bulls Retreating To Take a Leap?

r band of channel pattern and the RSI (14-period) has formed a negative divergence. Bitcoin in just 3 months had rallied ~ 125.77 percent  from the low of USD 28,745.55 made on January 2021 to a new lifetime high of USD 64,899.97 tested on ...

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Is Advanced Micro Devices Inc. Catching Momentum from Crucial Support Zone?

Is Advanced Micro Devices Inc. Catching Momentum from Crucial Support Zone?

Source: Macro photo, Shutterstock Summary Advanced Micro Devices (NASDAQ: AMD) gained 5.68% percent in the last trading session and was one of the top gainers in the NASDAQ 100 index. Last week, AMD had pierced through a downward trendline and...

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Is GlaxoSmithKline PLC getting ready to take off?

Is GlaxoSmithKline PLC getting ready to take off?

Source: Poring Studio, Shutterstock Summary GlaxoSmithKline PLC (LON: GSK) gained 4.56% percent in the last trading session. The stock soared almost ~16.64 percent in the last eight weeks, the price has broken out of its falling channel patter...

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Lower Ending Stocks & Tight Supplies Push Corn Prices Higher  

Lower Ending Stocks & Tight Supplies Push Corn Prices Higher  

Source: Africa Studio, Shutterstock Summary Corn prices are continuously trading in the northward direction for the past 9 months. Prices broke the downward sloping trendline in January 2021 and since then the upside momentum strong. Global C...

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Goldman Sachs Consolidating Around Trend Line Support

Goldman Sachs Consolidating Around Trend Line Support

Source: soul_studio, Shutterstock Summary Goldman Sachs Group Inc. (NYSE: GS) has been on an upward trajectory since October 2020. The price has broken crucial resistance level and hit an all-time high. Stock prices are trading above an upwar...

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Alfa Financial Software Holdings PLC at year high, what to expect from here?

Alfa Financial Software Holdings PLC at year high, what to expect from here?

Source: Song_about_summer, Shutterstock Summary Alfa Financial Software Holdings PLC’s (LON: ALFA) prices are consolidating around a 52-week high for the past six months. Before entering the consolidation phase, the prices of ALFA witnes...

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