by Don Vialoux, EquityClock.com
Â
Technical Notes released yesterday at
Advanced Micro Devices $AMD a NASDAQ 100 stock moved below $99.35 extending an intermediate downtrend.
Wheaton Precious Metals $WPM a TSX 60 stock moved above US$50.18 extending an intermediate uptrend.
Taiwan iShares $EWT moved below $59.04 extending an intermediate downtrend. Reflecting weakness in Chinese equity prices.
Gildan Activewear $GIL.CA a TSX 60 stock moved below $44.50 extending an intermediate downtrend.
Â
Traderâs Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for April 11th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for April 11th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for April 11th 2021
Green: Increase from previous day
Red: Decrease from previous day
All seasonality ratings are based on performance relative to the S&P 500 Index (except TSX)
Â
S&P 500 Momentum Barometers
The intermediate term Barometer dropped another 4.41 to 51.90 yesterday. It remains Neutral. Trend is down.
The long term Barometer slipped 1.40 to 48.10 yesterday. It remains Neutral. Trend is down.
Â
TSX Momentum Barometers
Intermediate term Barometer fell 4.42 to 56.19 yesterday. It changed from Overbought to Neutral on a drop below 60.00. Trend is down.
The long term Barometer slipped 0.88 to 61.06 yesterday. It remains Overbought.
Â
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.