Market Recap for 2023-08-24 | NYSE, NASDAQ & AMEX

Index Trend Table

Index	% Chg	ADX	Long Term	Mid Term	Short Term	Signals
Wilshire 5000	-1.34%	Weak or Absent	Up	Down	Down	180 Bearish Setup
S&P 500	-1.39%	Weak or Absent	Up	Down	Down	180 Bearish Setup, 50 DMA Resistance, Expansion Pivot Sell Setup
NASDAQ-100	-2.14%	Weak or Absent	Up	Down	Down	180 Bearish Setup, 20 DMA Resistance, 50 DMA Resistance, Bearish Engulfing, Expansion Pivot Sell Setup
Russell 2000	-1.38%	Weak or Absent	Up	Down	Down	180 Bearish Setup
Dow	-1.10%	Strong	Up	Down	Down	50 DMA Resistance, Expansion Pivot Sell Setup, Lower Bollinger Band Walk, New Downtrend, Non-ADX 1,2,3,4 Bearish

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
648	180 Bearish Setup	Bearish Swing Setup
472	20 DMA Resistance	Bearish
471	Lower Bollinger Band Walk	Weakness
403	Fell Below 20 DMA	Bearish
311	Non-ADX 1,2,3,4 Bearish	Bearish Swing Setup

Unusually Active Signals for the Day

% Above Normal	Alert	Type
578	Bearish Engulfing	Bearish
381	180 Bearish Setup	Bearish Swing Setup
294	Evening Star	Bearish
251	Expansion Pivot Sell Setup	Bearish Swing Setup
246	Non-ADX 1,2,3,4 Bearish	Bearish Swing Setup

Unusually Active Stocks

Symbol	Grade	Name	% Change	Vol Surge	Signals
CNDA	A	Concord Acquisiti...	-0.29%	32.15	Fell Below 20 DMA, Volume Surge
EBND	B	SPDR Bloomberg Em...	-0.10%	21.92	Volume Surge
KVUE	C	Kenvue Inc.	0.17%	11.26	20 DMA Support, Pocket Pivot, Volume Surge
VFS	A	VinFast Auto Ltd.	32.33%	9.67	New 52 Week Closing High, New 52 Week High, Parabolic Rise, Pocket Pivot, Upper Bollinger Band Walk, Volume Surge, Wide Range Bar
GES	B	Guess?, Inc.	26.00%	8.98	Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, Expansion Breakout, Expansion Pivot Buy Setup, Lower Bollinger Band Walk, New 52 Week High, Pocket Pivot, Slingshot Bearish, Stochastic Buy Signal, Volume Surge, Wide Range Bar
JIRE	C	JPMorgan Internat...	-1.41%	8.06	Stochastic Reached Oversold, Volume Surge
AAP	F	Advance Auto Part...	-2.20%	7.04	20 DMA Resistance, 50 DMA Resistance, Lower Bollinger Band Walk, Volume Surge
EUFN	C	iShares MSCI Euro...	-1.05%	6.75	180 Bearish Setup, Volume Surge
EMLC	B	Market Vectors Em...	-0.36%	6.14	Non-ADX 1,2,3,4 Bearish, Volume Surge
AMC	F	AMC Entertainment...	-26.68%	5.82	Calm After Storm, Lower Bollinger Band Walk, New 52 Week Closing Low, New 52 Week Low, Volume Surge

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
GES	F	Guess?, Inc.	26.00%	8.98	Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, Expansion Breakout, Expansion Pivot Buy Setup, Lower Bollinger Band Walk, New 52 Week High, Pocket Pivot, Slingshot Bearish, Stochastic Buy Signal, Volume Surge, Wide Range Bar
OFIX	B	Orthofix Internat...	2.70%	1.15	Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, MACD Bullish Signal Line Cross, Pocket Pivot
EGP	F	EastGroup Propert...	-0.94%	0.71	20 DMA Support, 50 DMA Support, Bollinger Band Squeeze, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross
ADSK	A	Autodesk, Inc.	2.07%	1.77	Crossed Above 20 DMA, Crossed Above 50 DMA, MACD Bullish Signal Line Cross, Pocket Pivot
EG	C	Everest Group, Ltd.	1.55%	0.81	200 DMA Support, 50 DMA Support, Bollinger Band Squeeze, Crossed Above 20 DMA, Pocket Pivot
RGA	A	Reinsurance Group...	2.62%	1.04	Crossed Above 20 DMA, Crossed Above 200 DMA, Crossed Above 50 DMA, Expansion Pivot Buy Setup, Lower Bollinger Band Walk, Pocket Pivot
PSQ	F	ProShares Short QQQ	2.25%	1.18	180 Bullish Setup, 20 DMA Support, 50 DMA Support, Bullish Engulfing, Expansion Pivot Buy Setup, Wide Range Bar
QID	F	ProShares UltraSh...	4.43%	1.45	180 Bullish Setup, 20 DMA Support, 50 DMA Support, Bullish Engulfing, Expansion Pivot Buy Setup
SQQQ	F	ProShares UltraPr...	6.73%	1.21	180 Bullish Setup, 20 DMA Support, 50 DMA Support, Bullish Engulfing, Expansion Pivot Buy Setup
WU	D	Western Union Com...	0.00%	0.99	20 DMA Support, 50 DMA Support, Doji - Bearish?, MACD Bullish Signal Line Cross

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
CRWD	B	CrowdStrike Holdi...	-5.44%	1.01	Bearish Engulfing, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Non-ADX 1,2,3,4 Bearish
PSTG	D	Pure Storage, Inc.	-6.05%	1.21	Bearish Engulfing, Bollinger Band Squeeze, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Wide Range Bar
CPRT	A	Copart, Inc.	-4.53%	0.98	180 Bearish Setup, Bearish Engulfing, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, Wide Range Bar
EIX	B	Edison International	-0.51%	0.93	20 DMA Resistance, Bearish Engulfing, Fell Below 50 DMA, Shooting Star Candlestick
NOW	A	ServiceNow, Inc.	-3.25%	0.79	Bearish Engulfing, Bollinger Band Squeeze, Expansion Pivot Sell Setup, Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
CECO	A	CECO Environmenta...	-2.88%	0.25	180 Bearish Setup, Fell Below 20 DMA, Fell Below 200 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross
PWR	A	Quanta Services, ...	-3.21%	0.93	Bearish Engulfing, Bollinger Band Squeeze, Fell Below 20 DMA, MACD Bearish Signal Line Cross, Slingshot Bullish, Stochastic Sell Signal
DNTH	F	Dianthus Therapeu...	0.00%	0.19	20 DMA Resistance, 200 DMA Resistance, 50 DMA Resistance, Lower Bollinger Band Walk, New Uptrend, Non-ADX 1,2,3,4 Bearish, Shooting Star Candlestick
ORCL	B	Oracle Corporation	-4.18%	1.27	Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Non-ADX 1,2,3,4 Bearish, Wide Range Bar
CUZ	B	Cousins Propertie...	-0.57%	0.44	20 DMA Resistance, 200 DMA Resistance, 50 DMA Resistance, Doji - Bearish?, Shooting Star Candlestick