Research >>
MCBOSS CAPITAL
>>
Stock market news today - 2021 October
>>
Stock Market Climb Above Moving Averages
Related:
What is happening to stock market right now?
Deteriorating Market Conditions
Market rebound prediction
Stock Market Weakness
Stock Market News
Will the stock market turn around today
The stock market show strength
The stock market pull back
The stock market made new high
Search more
Products
Stock Market Climb Above Moving Averages - October 14, 2021
How is market doing today?
The stock market indices climb above its short term moving averages. This may be a good sign for the start of a rally.
What is the current support level?
Nasdaq and S&P 500 and Dow Jones Industrial climb above its 10 and 21 days moving average, and is now approaching its 50 days moving average.
Dow Jones slide a little today after recently finding resistance at its 50 days moving average.
Russell 2000 power above its 10, 21, 50 and 200 days moving average as they all converge. This is a good sign
- NASDAQ - below its 50 days moving average line near 14825; current at 14823
- S&P 500 - below its 50 days moving average line near 4440; current at 4363
- DJIA - below its 50 days moving average line near 35000; current at 34912
- RUSSELL 2000 - above its 50 days moving average line near 2220; current at 2274
Psychological levels
- Nasdaq is below 15000.
- S&P 500 is below 4500.
- Dow Jones Industrial Average is below 35000.
- Small cap Russell 2000 is above 2200.
Which industry groups show strength?
There are some industry groups under accumulation.
| Sector | Industry | Sub-group | # | Stocks |
| Technology | Technology | Computer Software: Prepackaged Software (Special) | 3 | APP, HUBS, ZUO |
| Technology | Technology | Computer Software: Programming, Data Processing (Content) | 3 | ANGI, CARG, MOMO |
| Retail | Consumer Non-Durables | Shoe Manufacturing | 2 | NKE, SKX |
| Industrial | Basic Industries | Paints/Coatings | 2 | PPG, RPM |
| Industrial | Basic Industries | Paper | 2 | GPK, IP |
| Industrial | Transportation | Air Freight/Delivery Services | 2 | FDX, UPS |
| Commodities | Energy | Industrial Machinery/Components | 6 | AQN, BLDP, FCEL, ORA, PLUG, TPIC |
| Commodities | Technology | Semiconductors (Solar) | 7 | CSIQ, ENPH, FSLR, NOVA, RUN, SEDG, SPWR |
| Commodities | Basic Industries | Precious Metals | 6 | AGI, FNV, KGC, NEM, SBSW, WPM |
| Commodities | Basic Industries | Precious Metals | 5 | CCJ, FCX, LAC, PLL, SCCO |
| Commodities | Energy | Oilfield Services/Equipment | 3 | HAL, SLB, TUSK |
| Commodities | Energy | Natural Gas Distribution | 2 | ENB, KMI |
| Financial | Finance | Finance: Consumer Services | 3 | COOP, SOFI, YRD |
Which industry groups from recent strength show weakness today?
| Relative strength drops by 1% | ||||
| Technology | Technology | Computer Software: Prepackaged Software (Database) | 2 | ESTC, ORCL |
| Relative strength drops by 4% | ||||
| Retail | Transportation | Air Freight/Delivery Services | -3 | ALK, DAL, LUV |
| Relative strength drops by 4% | ||||
| Industrial | Industrial | Consumer Non-Durables | -2 | THO, WGO |
| Relative strength drops by 1% | ||||
| Industrial | Basic Industries | Aluminum | 2 | CENX, SCHN |
Disclaimer: MCBOSS CAPITAL provides financial education and information research. None of this information should be used for investment purpose. Please seek professional advice. Information provided may not always be accurate.
|
|
||||
| Copyright © MCBOSS CAPITAL 2021. All Rights Reserved. | Powered by Echofavor |
