The Canadian markets were closed today, therefore today’s analysis focuses exclusively on S&P 500 stocks. The US markets were open today as they celebrated Columbus day. By the looks of it, no significant gains were found.
Out of the 499 stocks analyzed on the S&P 500, 304 advanced, 190 declined and the other 5 could not find new ground (see what I did there…a little play on the fact that it is Columbus day).
What should you be watching for tomorrow…
Today’s report identifies all stocks that made an RSI Bullish Centerline Crossover AND Broke Upper Resistance.
Highlighting: EDISON INTL (NYSE:EIX), RYDER SYSTEM INC (NYSE:R), FORD MOTOR CO (NYSE:F), LEUCADIA NATL CP (NYSE:LUK)
EDISON INTL (EIX)
33.47
+ 0.37 (1.12%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
33.00
33.23
33.41
33.64
33.82
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Positive/Increasing
MACD
MACD vs. Signal
Below/Thinning
0.014
RSI Analysis
Bullish Centerline Crossover
RSI
Stochastic (Fast) Analysis
Neutral
51.783
50-Day MA Analysis
Above 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
48.016
Critical Level Analysis
RYDER SYSTEM INC (R)
42.48
+ 3.81 (9.85%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
37.36
39.92
41.51
44.07
45.66
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Bullish Centreline Crossover
MACD
MACD vs. Signal
Bullish MA Crossover
0.079
RSI Analysis
Bullish Centerline Crossover
RSI
Stochastic (Fast) Analysis
Increasingly Overbought
65.273
50-Day MA Analysis
Above 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
91.377
Critical Level Analysis
Broke Above Previous Trend
FORD MOTOR CO (F)
7.62
+ 0.5 (7.02%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
6.87
7.24
7.54
7.91
8.21
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Negative/Increasing
MACD
MACD vs. Signal
Above/Widening
-0.013
RSI Analysis
Bullish Centerline Crossover
RSI
Stochastic (Fast) Analysis
Increasingly Overbought
59.589
50-Day MA Analysis
Above 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
82.787
Critical Level Analysis
Broke Above Previous Trend
LEUCADIA NATL CP (LUK)
24.97
+ 0.51 (2.09%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
24.36
24.67
24.83
25.14
25.30
Support & Resistance Analysis
Broke Upr Resistance (2)
MACD Analysis
Negative/Increasing
MACD
MACD vs. Signal
Bullish MA Crossover
-0.131
RSI Analysis
Bullish Centerline Crossover
RSI
Stochastic (Fast) Analysis
Neutral
54.310
50-Day MA Analysis
Above 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
73.054
Critical Level Analysis
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
Just as an addendum and side note to this publication, Ford (NYSE:F) has now come up for the second time in the By The Numbers reports due to the significant technical events recently reported.
Based on a seasonality study just performed, the seasonality for this stock is around the end of November to the end of May. To be more specific, if you had bought this security on the 15th of December and sold on the 18th of May every year for the past 20 years you would have gained 2067% (vs. the 57% under a buy and hold strategy). This strategy produced positive returns in 17 of the past 20 periods or 8 of the past 10.
ShareThis
October 12th, 2009 at 8:15 pm
Just as an addendum and side note to this publication, Ford (NYSE:F) has now come up for the second time in the By The Numbers reports due to the significant technical events recently reported.
Based on a seasonality study just performed, the seasonality for this stock is around the end of November to the end of May. To be more specific, if you had bought this security on the 15th of December and sold on the 18th of May every year for the past 20 years you would have gained 2067% (vs. the 57% under a buy and hold strategy). This strategy produced positive returns in 17 of the past 20 periods or 8 of the past 10.
Jon
October 13th, 2009 at 4:45 am
Some stocks mentioned are close to breaking resistance 2. What happens when they break that? Where woud the next resistance be?