Everyone keep your hands, arms and legs inside at all times because we’re about to go for a ride. Out of the 557 analyzed in the S&P 500 and TSE 60, only 25 advanced, 531 declined and 1 remained indifferent. Looking back to Monday when 472 (or 85%) of the stocks were above their 50-Day Moving Average, we now sit at 348 (or 62%). We are also now seeing the first stocks since the inception of this new service as being listed as oversold under the relative strength index. Look on the bright side, it’s now Friday! Doesn’t that just all of a sudden make it all better?
Here are some stocks to watch for tomorrow, if you’re still up for it…
Today’s report highlights all of the stocks that broke the upper resistance level…all six of them
Highlighting: DEAN FOODS CO (NYSE:DF), FAMILY DOLLAR STORES (NYSE:FDO), THE HERSHEY COMPANY (NYSE:HSY), KROGER CO (NYSE:KR), CONSTELLATION BRD A (NYSE:STZ), TIME WARNER INC NEW (NYSE:TWX)
DEAN FOODS CO (DF)
18.15
+ 0.36 (2.02%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
17.34
17.75
17.98
18.39
18.62
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Negative/Increasing
MACD
MACD vs. Signal
Above/Widening
-0.154
RSI Analysis
Below 50
RSI
Stochastic (Fast) Analysis
Neutral
49.018
50-Day MA Analysis
Below 50-Day MA
%K (fast)
200-Day MA Analysis
Below 200-Day MA
68.627
Critical Level Analysis
FAMILY DOLLAR STORES (FDO)
26.84
+ 0.44 (1.67%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
25.76
26.30
26.79
27.33
27.82
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Negative/Increasing
MACD
MACD vs. Signal
Bullish MA Crossover
-0.782
RSI Analysis
Below 50
RSI
Stochastic (Fast) Analysis
Neutral
42.112
50-Day MA Analysis
Below 50-Day MA
%K (fast)
200-Day MA Analysis
Below 200-Day MA
70.588
Critical Level Analysis
THE HERSHEY COMPANY (HSY)
39.84
+ 0.98 (2.52%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
37.93
38.88
39.46
40.41
40.99
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Positive/Increasing
MACD
MACD vs. Signal
Below/Thinning
0.065
RSI Analysis
Bullish Centerline Crossover
RSI
Stochastic (Fast) Analysis
Increasingly Overbought
57.699
50-Day MA Analysis
Above 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
82.353
Critical Level Analysis
KROGER CO (KR)
20.92
+ 0.28 (1.36%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
20.34
20.63
20.80
21.09
21.26
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Negative/Increasing
MACD
MACD vs. Signal
Below/Thinning
-0.216
RSI Analysis
Below 50
RSI
Stochastic (Fast) Analysis
Neutral
48.211
50-Day MA Analysis
Below 50-Day MA
%K (fast)
200-Day MA Analysis
Below 200-Day MA
37.619
Critical Level Analysis
CONSTELLATION BRD A (STZ)
15.97
+ 0.82 (5.41%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
14.80
15.38
15.79
16.37
16.78
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Positive/Increasing
MACD
MACD vs. Signal
Below/Thinning
0.262
RSI Analysis
Bullish
RSI
Stochastic (Fast) Analysis
Increasingly Overbought
63.021
50-Day MA Analysis
Above 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
85.235
Critical Level Analysis
Broke Above Previous Trend
TIME WARNER INC NEW (TWX)
30.03
+ 1.25 (4.34%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
27.62
28.82
29.63
30.83
31.64
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Positive/Increasing
MACD
MACD vs. Signal
Below/Thinning
0.404
RSI Analysis
Bullish
RSI
Stochastic (Fast) Analysis
Neutral
60.416
50-Day MA Analysis
Above 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
79.464
Critical Level Analysis
Broke Above Previous Trend
Introducing the new Tech Talk – By The Numbers technical analysis by Mr. Vialoux. The intent of this report is to detail technically significant events for individual stocks listed in the S&P 500 and TSE 60 following each day of trading. Whether it be support or resistant levels that have been broken, MACD showing crossover signals, or RSI revealing overbought and oversold levels, we will filter through the universe of stocks to present to you a summary of a handful of investments that are revealing the signals that you are looking for.
In addition to the investments that are highlighted, the entire universe of stocks will be made available for download at the end of each report such that you may filter through the data to analyze and research individual stocks for tomorrow’s trades.
Tech Talk – By The Numbers is a supplement to current offerings from TimingTheMarket.ca and will be offered by Mr. Vialoux following each trading day.
Disclosure: Mr. Vialoux does not own securities mentioned in this report.
Disclaimer: Comments and opinions offered in this report at www.timingthemarket.ca are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed