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Moving Averages

All articles tagged with #moving averages

finance1 year ago

Navigating Apple Stock: Uncertain Outlook, Regulatory Headwinds, and Investor Considerations

Apple stock has formed a "death cross" on its chart as its 50-day moving average crossed below the 200-day moving average, signaling potential further weakness. The stock's bearish features include declining relative strength, volume spikes on down days, and a dismal Accumulation/Distribution Rating. Analysts foresee more challenges for Apple due to waning demand, particularly in China, and modest profit and sales growth expectations. Apple's performance in 2024 has been lackluster, with only Tesla faring worse, and the company's profit outlook remains discouraging.

via Investor's Business Daily|
#apple#death-cross#finance
energy-markets2 years ago

"Rising US Power Prices and Steep Storage Draw Drive Natural Gas Momentum"

Natural gas retraced its gains after encountering resistance at the 78.6% Fibonacci retracement, with potential support at 2.96 and signs of a correction. Bullish reversal signals were confirmed on the monthly chart, and moving averages indicate an improving outlook, with attention on the 200-Day line at 2.64 as a key level to watch.

via FX Empire|
#bullish-reversal#energy-markets#fibonacci-retracement
finance2 years ago

Natural Gas Prices Continue to Plummet Amidst High Production and Warmer Weather

Natural gas is experiencing a bearish retracement, with sellers in control and a potential continuation of the downtrend. The failure of the long-term downtrend line to hold as support further indicates a bearish outlook. The next target for natural gas is around $2.22, based on an extended falling ABCD pattern. The breakdown of a large bearish flag and the confirmation by moving averages add to the bearish sentiment, with the 1.95 trend low at risk of being tested as support.

via FX Empire|
#bearish-trend#fibonacci-retracement#finance
cryptocurrency2 years ago

Bitcoin's Golden Cross Signals Bull Market as Price Nears 20-Month Highs

Bitcoin is experiencing a significant chart feature as it prepares for its first-ever weekly golden cross, signaling the start of an early bull market. The crossover of the 50-week and 200-week moving averages (MAs) is considered a classic bullish signal and has never occurred before in Bitcoin's history. This comes after Bitcoin fell below the 200-week MA earlier this year. While some market commentators remain bearish on Bitcoin's price, others believe that considerable upside could be in store if the golden cross phenomenon plays out.

via Cointelegraph|
#bitcoin#bull-market#cryptocurrency
finance2 years ago

Dow Experiences First 'Death Cross' Since March 2022

The Dow Jones Industrial Average experienced its first "death cross" since March 2022, as the 50-day moving average fell below the 200-day moving average. While some analysts view this as a bearish signal, others argue that it could present buying opportunities during bull markets. Historically, the Dow has performed well after a death cross, with an average gain of 8.1% one year later. Despite the Dow closing higher, the S&P 500 and Nasdaq Composite closed lower as investors awaited U.S. inflation data. The Dow is up 3.6% year to date and nearly 20% since its September 2022 low.

via MarketWatch|
#death-cross#dow-jones-industrial-average#finance
finance2 years ago

Gold Markets Retreat as Price Forecast Falls Short

The gold markets have been fluctuating recently, with the $2000 level acting as a significant barrier. If the market breaks above recent highs, it could target the $2050 region. The $1975 level provides support and may attract value hunters, especially as the 50-Day EMA is poised to cross above the 200-Day EMA. Bond markets also influence gold, particularly when yields rise. While it's not advisable to short gold at the moment, a breakdown below the moving averages could change that. The market is building up for a significant move, so it's important to be cautious and consider small positions to mitigate potential risks.

via FX Empire|
#bond-markets#finance#gold-price-forecast
finance2 years ago

S&P 500 Volatility and Upside Potential: Latest Market Updates.

Traders are pricing in another rate hike as inflation expectations remain elevated, causing the SPDR S&P 500 ETF Trust (SPY) to drop half a percentage point intraday. The SPY could print a bearish engulfing candlestick, indicating lower prices on Monday and negating the recent uptrend. Traders can use moving averages to identify a downtrend, with descending lower timeframe moving averages indicating a shorter-term downtrend and descending longer-term moving averages indicating a long-term downtrend. Miax's SPIKES Volatility products can be used to trade the volatility in the stock market. The SPY has resistance above at $414.89 and $420.76 and support below at $408 and $404.

via Benzinga|
#finance#inflation#moving-averages