Tech Talk for Tuesday March 16th 2021

by Don Vialoux, EquityClock.com

 

Technical Notes for Monday March 15th

U.S. Telecommunications iShares (IYZ) moved above $32.32 extending an intermediate uptrend.

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U.S. REIT iShares (IYT) moved above $90.85 extending an intermediate uptrend.

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Eli Lilly (LLY), an S&P 100 stock moved below $194.83 completing a double top pattern.

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MMM (MMM), an S&P 100 stock moved above $185.74 extending an intermediate uptrend.

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Honeywell (HON), an S&P 100 stock moved above $215.74 to an all-time high extending an intermediate uptrend.

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Simon Properties (SPG), an S&P 100 stock moved above $121.31 extending an intermediate uptrend.

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Cisco Systems (CSCO), an S&P 100 stock moved above $49.34 extending an intermediate uptrend.

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NXP Semiconductors (NXPI), a NASDAQ 100 stock moved above $199.59 to an all-time high extending an intermediate uptrend.

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Rogers Communications (RCI) moved above US$48.93, US$49.19 and US$51.76 extending an intermediate uptrend. The stock responded to news that RCI has offered to acquire Shaw Communications at Cdn$40.50 per share, a record high for a deal valued at $26 billion. Both stocks are included in the TSX 60 Index.

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SNC Lavalin (SNC), a TSX 60 stock moved above $27.80 extending an intermediate uptrend.

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Loblaw Companies (L), a TSX 60 stock moved above intermediate resistance at $66.20.

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Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 12th 2021

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Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for March 12th 2021

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Green: Increase from previous day

Red: Decrease from previous day

 

Sectors

Daily Seasonal/Technical Sector Trends for March 12th 2021

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Green: Increase from previous day

Red: Decrease from previous day

 

All seasonality ratings are based on performance relative to the S&P 500 Index

 

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.

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