Sentences with phrase «day average level»

Notice that volume also surged well above its 50 - day average level, confirming the breakout to a new high:

Therefore, I view it as a warning sign that volume could not even exceed the 50 - day average level, despite the price of the S&P 500 jumping to an all - time high.

Increasing volume, which rose above its 50 - day average level, helped to confirm the move.

Confirming the move was a surge in volume, which shot well above its 50 - day average level.

Not exact matches

The S&P 500 again holds its 200 - day moving average (currently 2,613), which was a critical support level in February and early April.

CNBC's Bob Pisani and Bill Griffeth look at the day's market action as the Dow Jones Industrial Average closes above 24,000 after crossing that level for the first time ever at the open.

The S&P 500 also closed down more than 7 percent from an all - time high set last month and broke below its 50 - day moving average, a key technical level.

When examining the IWM over the past two years, Nathan noted that group is nearing a key technical level at its 200 - day moving average.

Against a basket of its rivals, the dollar has surged past its 200 - day moving average on Tuesday, a level it hasn't traded above since May 2017, a level which typically attracts some reassessment from large institutional investors on their dollar positions, according to Morgan Stanley.

The good news is the last time the S&P 500 broke through its 200 - day moving average, in early July, it bounced back from those levels after a few days.

The 30 - stock index also closed above its 50 - day moving average, a key technical level.

Apr 23, 2018 Pennsylvania's marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf / d) in 2017, 3 % higher than the 2016 level.

The PowerShares QQQ Trust (QQQ), which tracks the tech - heavy Nasdaq 100 index, dropped 2.5 percent, breaking below its 50 - day moving average, a key technical level.

By comparison, the daily chart of the iShares Russell 2000 Index ETF ($ IWM) shows the recent weakness that has led to a breakdown below three different levels of technical price support: the low of the multi-week trading range (around $ 93), the 20 - day exponential moving average (beige line), AND the dominant uptrend line (which began with the November 2012 low):

Since banks, mutual funds, hedge funds, and other institutions frequently utilize program trading to buy pullbacks to the 50 - day moving averages, it was not surprising to see buyers stepping in each time the NASDAQ brothers neared that pivotal price level in recent days.

When a stock demonstrates bullish reversal action after bouncing off a level of support (the 20 - day exponential moving average in this case), it will often enter into one or two days of tight price consolidation.

$ 1305 — 200 - day moving average $ 1304 — 5/2 low $ 1303 — 3/1 low $ 1302 — double bottom - 1/1, 5/1 lows $ 1301 — 50 % retracement of up move from 12/12/17 $ 1236 low to 1/25/18 $ 1366 high $ 1300 — psychological level, options $ 1294 — 12/29 low $ 1287 — 12/28 low $ 1281 — 12/27 low

However, there is still an abundance of overhead supply (resistance) stocks must contend with, such as their 20 and 50 - day moving averages, as well as horizontal price resistance levels.

The U.S. Energy Information Administration (EIA) estimates that an average of 800,000 barrels per day in production were taken offline last month, contributing greatly to May's having the highest monthly level of unplanned global oil supply disruptions since the agency began tracking such data in 2011.

Housing data from the day before had showed US home prices were down 4 % this year, bringing the average home value back to 2002 levels.

The rising 10 - week moving average (or 50 - day moving average) is also converging at the same $ 92 level.

Stocks and averages can and frequently do «undercut» obvious levels of price support for a few days and bounce right back (we like those plays for buy entry):

The next major support level is the 50 - day moving average ($ 112 area), while the second zone of support is the prior swing lows (just below $ 110):

As long as the major averages remain above their 50 - day moving averages, and leadership stocks continue holding above pivotal support levels, our stock market timing model will remain in «buy» mode.

But if that moving average fails to hold as support, then a touch of the 10 - day moving average is the next logical support level.

Yesterday's (June 19) intraday low, the 20 - day exponential moving average (20 - day EMA), and the 200 - day moving average (200 - day MA) should all act as important support levels for the Nasdaq.

NEW YORK (Reuters)- Wall Street shares plunged on Monday as investors fled technology stocks amid resurgent trade war worries, with key indexes trading below their 200 - day moving averages and the S&P 500 closing below that pivotal technical level for the first time since Britain's vote to leave the European Union in June 2016.

The new average target of $ 53.64 is 6.6 % above current levels, and 11 %, above the average target of $ 48.32 the day before the results were released.

$ 1321 - 23 — quadruple bottom, 3/29, 4/5, 4/6 and 4/23 lows $ 1319 — 100 - day moving average $ 1313 - 15 — quadruple bottom, lows 3/2, 3/9, 3/12, 3/13 $ 1307 - 10 — quadruple bottom — 3/16, 3/19, 3/20, and 3/21 lows $ 1303 — 3/1 low $ 1303 — 200 - day moving average $ 1302 — 1/1 low $ 1301 — 50 % retracement of up move from 12/12/17 $ 1236 low to 1/25/18 $ 1366 high $ 1300 — psychological level, options $ 1294 — 12/29 low $ 1287 — 12/28 low $ 1281 — 12/27 low

That probe below two key support levels (which shakes out the «weak hands») was followed by yesterday's heavier than average volume rally above the two - day high.

The main reason to track the 200 - day average here (presently about the 2050 level on the S&P 500) is because it is a widely - referenced trend - following pivot.

This is because several of the major indices are now running into new overhead resistance of their 20 and 50 - day moving averages (remember that a prior level -LSB-...]

As with the Nasdaq, the 50 - day, 20 - day and 200 - day moving averages are significant support levels on the S&P 500:

If, for example, a stock has an ADTV of 500,000 shares, but suddenly trades 2,000,000 shares one day, that means volume spiked to 4 times (400 %) its average daily level.

A close above this level would lead to a test of the 10 - day moving average near 1.3238.

Additionally, despite the recent pullback, gold is trading above its 50 - day and 200 - day moving averages, both of which are critical support levels and indicators of a positive trend.

$ 1335 — 50 % retracement of down move from 1/25 $ 1366 high to 3/1 $ 1303 low $ 1334 - 35 triple bottom — 4/12, 4/13, and 4/20 lows $ 1333 — 50 day moving average $ 1332 — 40 day moving average $ 1331 — 4/10 low $ 1328 — up trend line from 12/12 $ 1236 low $ 1321 — double bottom, 3/29 and 4/6 lows $ 1318 — 100 - day moving average $ 1313 - 15 — quadruple bottom, lows 3/2, 3/9, 3/12, 3/13 $ 1307 - 10 — quadruple bottom — 3/16, 3/19, 3/20, and 3/21 lows $ 1303 — 3/1 low $ 1302 — 200 - day moving average $ 1302 — 1/1 low $ 1301 — 50 % retracement of up move from 12/12/17 $ 1236 low to 1/25/18 $ 1366 high $ 1300 — psychological level, options $ 1294 — 12/29 low $ 1287 — 12/28 low $ 1281 — 12/27 low

In May, the Energy Information Administration (EIA) estimated that domestic output should average 9.3 million barrels a day this year and nearly 10 million in 2018, a level unseen in the U.S. since 1970.

$ 1315 — 4/26 low $ 1307 - 10 — quadruple bottom — 3/16, 3/19, 3/20, and 3/21 lows $ 1303 — 3/1 low $ 1304 — 200 - day moving average $ 1302 — 1/1 low $ 1301 — 50 % retracement of up move from 12/12/17 $ 1236 low to 1/25/18 $ 1366 high $ 1300 — psychological level, options $ 1294 — 12/29 low $ 1287 — 12/28 low $ 1281 — 12/27 low

With $ EWS, notice that volume has been tapering off over the past two weeks, and the 10 - day moving average of volume is at its lowest level since March 2012.

The 2450 - 2550 area remains a key support level for the index after testing and holding the 200 - day moving average.

If it does, bearish momentum could quickly spark a sell - off down to the 50 % Fibonacci retracement level (just above 4,200), which roughly converges with support of the 40 - week / 200 - day moving average.

Pennsylvania's marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf / d) in 2017, 3 % higher than the 2016 level.

One study reported that traders made significantly higher profits on days when their morning testosterone levels were above their daily average, and that increased variability in profits and uncertainty in the market was reliably associated with elevations in their cortisol levels27.

Technically speaking we are seeing some important support lines and the 150 day moving average converge around $ 1445 and we therefore think it is unlikely that gold prices will fall past this level.

Silver prices are still trading under their 20 and 100 day moving average as the trend remains mixed as were stuck in a tight consolidation as I will be looking at a bullish position if we break 16.81 as I will not go short as I think the downside is very limited at these depressed levels.

If the 2,087 support level fails to hold, next support is near the 2,065 level, which represents convergence of the rising 50 - day moving average and the 10 - week moving average (similar to 50 - day moving average).

The benchmark has been gyrating between resistance at this short - term moving average and support at the 200 - day moving average for the past three weeks, charting large intraday swings as investors attempt to find a level of comfort amongst equity prices.

Above that resistance level is the 50 - day moving average, which has been sloping lower since mid-October, and is in danger of crossing below the 200 - day moving average.

The 50 - day moving average breadth indicator for the 70 countries we monitor has fallen to levels last seen in the wake of the 2015/16 corrections.