Tech Talk for Thursday April 15th

by Don Vialoux, EquityClock.com

 

Technical Notes for Wednesday April 14th

Magna International (MG), a TSX 60 stock moved above $118.71 to an all-time high extending an intermediate uptrend.

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Open Text (OTEX), a TSX 60 stock moved above US$49.77 to an all-time high extending an intermediate uptrend.

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Capital One (COF), an S&P 100 stock moved above $134.70 to an all-time high extending an intermediate uptrend.

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Global Base Metals iShares (PICK) moved above $44.49 to an all-time high extending an intermediate uptrend.

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Grain ETN (JJGTF) moved above $29.13 extending an intermediate uptrend.

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Agriculture ETF (MOO) moved above $89.65 to an all-time high extending an intermediate uptrend.

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Pacific ex Japan iShares (EPP) moved above $51.86 to an all-time high extending an intermediate uptrend.

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Wells Fargo (WFC), an S&P 100 stock moved above $41.54 following released of first quarter results extending an intermediate uptrend.

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Booking Holdings (BKNG), a NASDAQ 100 stock moved above $2,469.58 to an all-time high extending an intermediate uptrend.

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Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for April 14th 2021

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Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for April 14th 2021

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for April 14th 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

 

S&P 500 Momentum Barometers

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The intermediate term Barometer added 0.80 to 91.78 yesterday. It remains Extremely Overbought.

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The long term Barometer was unchanged at 95.59 yesterday. It remains Extremely Overbought.

 

TSX Momentum Barometers

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The intermediate term Barometer dropped 2.06 to 76.96 yesterday. It remains Overbought and rolling over.

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The long term Barometer slipped 1.07 to 79.90 yesterday. It changed from Extremely Overbought to Overbought on a move below 80.00.

 

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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