Stock Market Recap for

Index Trend Table

Index % Chg ADX Long Term Mid Term Short Term Signals
Wilshire 5000 -1.22% Weak or Absent Up Up Flat Bollinger Band Squeeze, Cup with Handle, Fell Below 20 DMA, Slingshot Bullish
S&P 500 -1.12% Weak or Absent Up Up Flat Bollinger Band Squeeze, Cup with Handle, Fell Below 20 DMA, Slingshot Bullish
NASDAQ-100 -0.87% Weak or Absent Up Up Up Bollinger Band Squeeze, Cup with Handle, Slingshot Bullish
Russell 2000 -2.05% Weak or Absent Down Down Down Bollinger Band Squeeze
Dow -1.03% Weak or Absent Up Up Flat Bollinger Band Squeeze, Fell Below 20 DMA, Slingshot Bullish

Key Indicators


% of Stocks Above Their 50-Day Moving Averages*
* The market becomes oversold in the mid-to-low 20s. See more...

Top 5 Technical Signals for the Day*

* Excluding range contraction signals.
Count Alert Type
745 Fell Below 20 DMA Bearish
525 New 52 Week Closing Low Bearish
504 20 DMA Support Bullish
490 New 52 Week Low Weakness
466 Lower Bollinger Band Walk Weakness

Unusually Active Signals for the Day

% Above Normal Alert Type
563 Slingshot Bullish Bullish Swing Setup
411 Expansion Pivot Sell Setup Bearish Swing Setup
314 Expansion Breakdown Bearish Swing Setup
159 Gilligan's Island Buy Setup Bullish Swing Setup
140 Lizard Bullish Bullish Day Trade Setup

Unusually Active Stocks

Symbol Grade Name % Change Vol Surge Signals
IEP D Icahn Enterprises... -19.95% 19.64 Expansion Breakdown, Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, New Downtrend, Volume Surge, Wide Range Bar
STAG A Stag Industrial, ... 2.70% 6.92 Expansion Breakout, Gilligan's Island Sell Setup, Pocket Pivot, Volume Surge
NNOX A Nano-X Imaging Ltd. 9.04% 6.69 200 DMA Support, Jack-in-the-Box Bullish, Parabolic Rise, Pocket Pivot, Upper Bollinger Band Walk, Volume Surge, Wide Range Bar
BCI F ETFS Bloomberg Al... -1.46% 6.23 Volume Surge
IAUM A iShares Gold Trus... 1.92% 6.04 180 Bullish Setup, Bollinger Band Squeeze, Crossed Above 20 DMA, Pocket Pivot, Volume Surge
ANET C Arista Networks, ... -15.72% 5.97 Expansion Pivot Sell Setup, Fell Below 50 DMA, MACD Bearish Centerline Cross, Volume Surge
SIBN A SI-BONE, Inc. 7.17% 5.81 Expansion Breakout, Gilligan's Island Sell Setup, New 52 Week Closing High, New 52 Week High, New Uptrend, Pocket Pivot, Volume Surge, Wide Range Bar
PINC D Premier, Inc. -19.31% 5.66 180 Bearish Setup, Expansion Breakdown, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, New 52 Week Closing Low, New 52 Week Low, Volume Surge, Wide Range Bar
CJJD F China Jo-Jo Drugs... 32.59% 5.63 Volume Surge
TVTX D Travere Therapeut... -30.78% 5.55 Expansion Breakdown, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, New 52 Week Closing Low, New 52 Week Low, Volume Surge, Wide Range Bar

Stocks with the Most Bullish Signals Today*

* 'Most', as in 'largest number of' not necessarily the most likely to move higher.
Symbol Grade Name % Change Vol Surge Signals
BR A Broadridge Financ... 6.30% 2.10 180 Bullish Setup, 20 DMA Support, 50 DMA Support, Crossed Above 200 DMA, Expansion Breakout, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, Pocket Pivot, Reversal New Highs Setup, Wide Range Bar
BLV D Vanguard Long-Ter... 1.93% 0.96 180 Bullish Setup, Bollinger Band Squeeze, Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, Cup with Handle, Golden Cross
HEI B Heico Corporation -0.46% 0.95 20 DMA Support, 50 DMA Support, Bollinger Band Squeeze, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross
SCHQ F Schwab Long-Term ... 2.22% 0.47 180 Bullish Setup, Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, MACD Bullish Centerline Cross
IYT B iShares Transport... -0.22% 1.30 20 DMA Support, 200 DMA Support, 50 DMA Support, MACD Bullish Signal Line Cross
SVOL B Simplify Volatili... -0.18% 1.45 20 DMA Support, 50 DMA Support, Bollinger Band Squeeze, Hammer Candlestick, MACD Bullish Signal Line Cross
TLT F iShares 20 Year T... 2.49% 1.31 180 Bullish Setup, Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, MACD Bullish Centerline Cross
PRFT D Perficient, Inc. 8.88% 2.55 180 Bullish Setup, Crossed Above 20 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, Pocket Pivot, Wide Range Bar
VGLT F Vanguard Long-Ter... 2.22% 1.24 180 Bullish Setup, Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA
WWD B Woodward, Inc. 15.38% 4.74 Expansion Breakout, Golden Cross, MACD Bullish Centerline Cross, New 52 Week Closing High, New 52 Week High, Pocket Pivot, Stochastic Reached Overbought, Volume Surge

Stocks with the Most Bearish Signals Today*

* 'Most', as in 'largest number of' not necessarily the most likely to move lower.
Symbol Grade Name % Change Vol Surge Signals
INMD C InMode Ltd. -10.00% 3.02 Death Cross, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, New Downtrend, Volume Surge
TVTX B Travere Therapeut... -30.78% 5.55 Expansion Breakdown, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, New 52 Week Closing Low, New 52 Week Low, Volume Surge, Wide Range Bar
PSO B Pearson, Plc -14.60% 4.48 Expansion Breakdown, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, Stochastic Sell Signal, Upper Bollinger Band Walk, Volume Surge
LDOS C Leidos Holdings, ... -14.54% 4.75 Expansion Breakdown, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, New 52 Week Closing Low, New 52 Week Low, New Downtrend, Volume Surge, Wide Range Bar
FVRR B Fiverr Internatio... -14.61% 2.22 Expansion Breakdown, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Wide Range Bar
PINC B Premier, Inc. -19.31% 5.66 180 Bearish Setup, Expansion Breakdown, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, New 52 Week Closing Low, New 52 Week Low, Volume Surge, Wide Range Bar
FMC D FMC Corporation -5.93% 4.05 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Volume Surge, Wide Range Bar
AXNX C Axonics Modulatio... -10.04% 3.90 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Volume Surge
MDB C MongoDB, Inc. -3.45% 0.64 Calm After Storm, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, NR7
NAVI C Navient Corporation -7.90% 1.97 Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 200 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Wide Range Bar

Comments

T

TraderMike over 1 year ago

This is the 4th day in a row that all the major indices have been in Bollinger Band Squeezes.  So the market is a bit of a coiled spring just in time for the Fed decision tomorrow.  

Other things that stand out to me are that the small caps are still sucking wind and the % of stocks above their 50 DMAs is still weak at 35%.   Not the healthiest of environments.

0 Reply
S

SwingScalp over 1 year ago

Plenty of signals available for bears from the 52 Week Closing Lows and Expansion Breakdown scans.

2 Reply
S

SwingTradeBot over 1 year ago

What are your thoughts on 'today's (2023-05-02) market action?

0 Reply

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