by Don Vialoux, EquityClock.com
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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.
Open Text (OTEX), a TSX 60 stock moved above US$49.77 to an all-time high extending an intermediate uptrend.
Capital One (COF), an S&P 100 stock moved above $134.70 to an all-time high extending an intermediate uptrend.
Global Base Metals iShares (PICK) moved above $44.49 to an all-time high extending an intermediate uptrend.
Grain ETN (JJGTF) moved above $29.13 extending an intermediate uptrend.
Agriculture ETF (MOO) moved above $89.65 to an all-time high extending an intermediate uptrend.
Pacific ex Japan iShares (EPP) moved above $51.86 to an all-time high extending an intermediate uptrend.
Wells Fargo (WFC), an S&P 100 stock moved above $41.54 following released of first quarter results extending an intermediate uptrend.
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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Traderâs Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for April 14th 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for April 14th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for April 14th 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
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S&P 500 Momentum Barometers
The intermediate term Barometer added 0.80 to 91.78 yesterday. It remains Extremely Overbought.
The long term Barometer was unchanged at 95.59 yesterday. It remains Extremely Overbought.
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TSX Momentum Barometers
The intermediate term Barometer dropped 2.06 to 76.96 yesterday. It remains Overbought and rolling over.
The long term Barometer slipped 1.07 to 79.90 yesterday. It changed from Extremely Overbought to Overbought on a move below 80.00.
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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.