by Don Vialoux, EquityClock.com
Technical Notes
Analog Devices (ADI), a NASDAQ 100 stock moved below $115.07 completing a double top pattern.
Automatic Data Processing (ADP), a NASDAQ 100 stock moved below 142.44 setting an intermediate downtrend.
Align Technology (ALGN), a NASDAQ 100 stock moved above $292.04 extending an intermediate uptrend.
Another base metal stock breakout! Vale (VALE) moved above $11.32 extending an intermediate uptrend.
Canadian National Railway (CNR.CA) , a TSX 60 stock moved above $124.02 extending an intermediate uptrend.
NextEra Energy (NEE), an S&P 100 stock moved above $262.33 extending an intermediate uptrend.
Trader’s Corner
Equity Indices and related ETFs
Daily Seasonal/Technical Equity Trends for July 14th 2020
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Seasonal/Technical Commodities Trends for July 14th 2020
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for July 14th 2020
Green: Increase from previous day
Red: Decrease from previous day
S&P 500 Momentum Barometer
The Barometer added 7.62 to 69.54 yesterday. It remains intermediate overbought.
TSX Momentum Barometer
The Barometer gained 7.18 to 75.60 yesterday. It remains intermediate overbought.
Disclaimer: Seasonality and technical ratings offered in this report and at
www.equityclock.com 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
This post was originally publised at Vialoux's Tech Talk.
