Tech Talk for Tuesday January 26th 2021

by Don Vialoux, EquityClock.com

Technical Notes for Monday January 25^th

JD.com (JD), a NASDAQ 100 stock moved above $96.20 to an all-time high extending an intermediate uptrend.

Nike (NKE), a Dow Jones Industrial Average stock moved below $138.32 completing a double top pattern.

Incyte (INCY), a NASDAQ 100 stock moved above $98.47 extending an intermediate uptrend.

CSX (CSX), a NASDAQ 100 stock moved below support at $87.39.

Electronic Arts (EA), a NASDAQ 100 stock moved $147.16 extending an intermediate uptrend.

Abbott Labs (ABT), an S&P 100 stock moved above $114.68 to an all-time high extending an intermediate uptrend.

Solar ETF (TAN) moved above $123.66 to an all-time high extending an intermediate uptrend.

Metro (MRU), a TSX 60 stock moved below $56.75 extending an intermediate downtrend.

Silver stocks have been moving higher is response to recent strength in silver prices. Majestic Silver (AG) moved above US$14.56 and US$14.57 and Cdn$18.49 to a five year high extending an intermediate uptrend.

Cognizant (CTSH), a NASDAQ 100 stock moved below $78.56 completing a double top pattern.

Copart (CPRT), a NASDAQ 100 stock moved below $111.86 completing a double top pattern.

Bookings (BKNG), a NASDAQ 100 stock moved below $2024.02 and 1953.15 setting an intermediate downtrend.

American Tower (AMT), an S&P 100 stock moved above $226.21 completing a reverse Head & Shoulders pattern.

Lumber prices moved above $806.80 and $820.60 to an all-time high extending an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for January 25^th 2021

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for January 25^th 2021

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for January 25^th 2021

Green: Increase from previous day

Red: Decrease from previous day

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.