Sentences with phrase «own day she moves»

You saw a stock that consolidated sideways, broke its 50 - day moving average, found support for a while right around the uptrend support line,» he said.

«But the big break didn't happen on the 50 day, the big break happened below your 200 - day moving average in your uptrend support line.»

Copper, which is highly attuned to China's economy, hit its lowest in three weeks at $ 6,752 a tonne, accelerating downwards after it broke below its 200 - day moving average at $ 6,800.

Gold, meanwhile, hit a six - week low of $ 1,307.40 an ounce, as the dollar strength and bets on higher interest rates kept it on the slide having already gone dropped through its 100 - day moving average.

Technical analysts saw support at around $ 1,305 where the 200 - day moving average sits and resistance at $ 1,321 near the 100 - day moving average.

It's rolling over and trading below its 50 - day moving average,» Larry McDonald, editor of The Bear Traps Report, said Thursday on CNBC's «Trading Nation.»

That doesn't mean week - to - week or in the earnings numbers, and I kind of almost don't respond to those day - to - day moves.

«If you look at the percentage of companies in the tech sector above their 200 - day moving average, it's actually some of the best breadth we see across sectors.»

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.

The ETF declined below its 200 - day moving average at the beginning of the week.

In another hint of improving sentiment, Apple «s stock has recently moved above its 50 - day moving average for the first time since December.

«As soon as we broke the 50 - day moving average... we saw volatility spike,» said Jeff Kilburg, CEO of KKM Financial.

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.

Jonathan Krinsky, chief market technician at MKM Partners, noted the spread between the Dow's price and its 200 - day moving average — a key technical indicator — was about 13 percent.

The dollar touched its 200 - day moving average on April 27 and broke above it on May 1.

When examining the SMH on an absolute basis, one can see its 14 percent decline since March has taken it down to its 200 - day moving average, and down near its February lows.

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.

One important one is their 200 - day moving averages, which the two indexes pierced on Thursday, helping to fuel selling.

For instance, the S&P 500 tested its 200 - day moving average on Feb. 6, just as bitcoin tested its contract low at $ 5,940.

The stock is trading 0.03 % below its 50 - day moving average.

The Company's shares are trading 9.29 % below their 200 - day moving average.

After a healthy run earlier this year, shares of Salesforce took a hit in June, falling 8 percent before finding a floor of support at the stock's 50 - day moving average, a technical indicator that smooths out a stock's random price fluctuations over a given time.

BP shares have increased 4 percent in 2018 and currently sit 11 percent above a 200 - day moving average.

For the Nasdaq 100, that means the index could retest the low of 6,640 set in early March and possibly head even further south toward its rising 100 - day or 200 - day moving average.

«Gold is holding above the 50 - day moving average in spite of a stronger dollar, helped by lower U.S. yields and physical demand,» she noted in a report on Thursday.

It also closed above its 50 - day moving average.

«We're testing 200 - day moving averages on some of the hot stocks like Google and Facebook.»

«US 10 - year yield above 200 - day moving average, broke downtrendline from March.

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

The Nasdaq composite fell 1.3 percent to 7,180.56 and dipped below its 50 - day moving average.

On the technical front, support kicks in around $ 1,305 where the 200 - day moving average sits and resistance at $ 1,321 near the 100 - day moving average.

Jonathan Krinsky, chief market technician at MKM Partners, pointed out in a note Thursday that less than 60 percent of stocks in the Russell 3000 are trading above their 200 - day moving average, a key long - term technical metric.

The Standard & Poor's 500 tumbled through its 200 - day moving average, falling 1 % in morning trading.

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.

Frank Holmes of U.S. Global Investors points out that the price of gold bullion has rarely fallen below its 200 - day moving average over the past 10 years — like it has recently.

Further, this is the first pullback to the 50 - day moving average since the base breakout in February.

For gauging price momentum in the very short - term (a period of several days), we have found the 5 and 10 - day moving averages work very well.

A sharp drop after the open had pushed the S&P 500 and the Dow Jones Industrial Average below their 200 - day moving averages, a key technical indicator of longer - term momentum.

The first zone of support for $ SPY is convergence of its prior highs from November / December and 50 - day moving average (around $ 180 - $ 181).

More concerning is that $ IBB sliced through its 50 - day moving average with ease, as volume surged higher as well:

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.

Its price has fallen sharply below its 200 day moving average.

The Dow Jones Industrial Average SPDR ($ DIA) has support from a prior swing high and 50 - day moving average, which are converging around the $ 160 area.

$ 1307 - 10 — five bottoms — 3/16, 3/19, 3/20, 3/21 and 4/30 lows $ 1312 — 5/2 high $ 1315 — double bottom — 4/26 and 4/27 lows $ 1319 — 4/25 low $ 1323 — 100 - day moving average $ 1321 - 23 — quadruple bottom, 3/29, 4/5, 4/6 and 4/23 low $ 1324 - 25 — double top, 4/27 and 4/30 highs $ 1325 — options $ 1329 — 50 day moving average $ 1331 — 40 day moving average $ 1332 — 20 - day moving average $ 1332 - 33 — double top - 4/24 and 4/25 highs $ 1335 — 4/23 high $ 1334 - 35 triple bottom — 4/12, 4/13, and 4/20 lows $ 1335 — 50 % retracement of down move from 1/25 $ 1366 high to 3/1 $ 1303 low $ 1337 — up trend line from 12/12 $ 1236 low $ 1338 — 4/17 low $ 1341 — 4/19 low $ 1345 — down trendline from 8/2013 weekly chart $ 1346 — 4/20 high $ 1350 — options $ 1350 — down trendline from 1/25/18 $ 1366 high $ 1355 - 57 — quadruple top, 3/26, 3/27, 4/18, and 4/19 highs $ 1365 — down trendline from 7/6/16 $ 1375 high $ 1365 - 67 — 6 tops 4/11, 1/25, 8/2/16, 8/3/16, 8/4/16, and 8/5/16 highs $ 1375 — 7/6/16 high $ 1388 - 89 — double top 3/16/14, 3/17/14 highs

Similarly, the 200 - day moving average is trending lower 18 % of the time.

$ 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.

Although $ PCLN and $ AMZN had a rough day, both stocks are still trading above their respective 50 - day moving averages (an intermediate - term «line in the sand» for many retail and institutional traders / investors).