Tech Talk for Tuesday March 22nd 2022

by Don Vialoux, EquityClock.com

 

Technical Notes released yesterday at

StockTwits.com@EquityClock

U.S. Insurance iShares $IAK moved above $89.68 to an all-time high extending an intermediate uptrend.

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Copper Miners ETF $COPX a basket of copper stocks moved above $44.94 extending an intermediate uptrend.

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UnitedHealth Group $UNH a Dow Jones Industrial Average stock moved above $507.73 to an all-time high extending an intermediate uptrend.

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Wal-mart $WMT a Dow Jones Industrial stock moved above intermediate resistance at $146.07

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Cognizant Technology $CTSH a NASDAQ 100 stock moved above $92.16 to an all-time high extending an intermediate uptrend.

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Splunk $SPLK a NASDAQ 100 stock moved above $132.09 extending an intermediate uptrend.

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Incyte $INCY a NASDAQ 100 stock moved above $76.50 extending an intermediate uptrend.

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Bank of Montreal $BMO.CA moved above Cdn$152.87 to an all-time high extending an intermediate uptrend.

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Cameco $CCJ a TSX 60 stock moved above US$28.40 extending an intermediate uptrend.

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Healthcare Leaders Income ETF $HHL.CA moved above $8.78 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable to June 29th. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/healthcare-leaders-income-etf-tsehhl-to-seasonal-chart

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Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 21st 2022

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Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for March 21st 2022

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 21st 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 (except TSX)

 

S&P 500 Momentum Barometers

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The intermediate term Barometer slipped 2.81 to 54.31 yesterday. It remains Neutral.

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The long term Barometer eased 1.40 to 49.90 yesterday. It remains Neutral.

 

TSX Momentum Barometers

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The intermediate term Barometer added 1.18 to 74.14 yesterday. It remains Overbought.

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The long term Barometer slipped 0.14 to 66.81 yesterday. It remains Overbought.

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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