Technology

Chevron stock (NYSE:CVX) has started a downturn following the recent bullish effort. The bearish downturn began in the middle of April 2019, and it has led to a “sell” signal. Price is now under the EMA 21, while the Williams% Range period 20 has moved into the oversold territory. That is a bearish signal which […]

The short-term outlook is in a bearish trend while the medium-term outlook is in a range-bound market. A breakout or a breakdown may occur, hence patience must be exercised trading the consolidation. XLM/USD Medium-term Trend: Ranging Supply zone: $0.2000, $0.2500, $0.3000 Demand zone: $0.0800, $0.0600, $0.0400 XLM remains in a range-bound market in its medium-term […]

Alibaba Group stock (NYSE:BABA) is now in a precarious situation. The stock really made genuine bullish effort in recent times, but bear has come in to overpower bull, and things are now experiencing some downturn. From January 2019 to early May, price was going northwards; but further northwards movement has been rejected as price has […]

Amazon shares (NASDAQ:AMZN) have gapped up as a result on an ongoing strong buying pressure in the market. This is a trend that is supposed to continue for most of this year. Price reached a significant low in December 2018, and then rose up, only to trade sideways later. The sideways movement ended in March […]

HSBC Holdings stock (LSE:HSBA) has generated a clean, low-risk buy signal, following the recent discouraging conditions in the market. From November 2018 to February 2019, price consolidated seriously, and then fell lower in the following few months. Starting from the latter end of March 2019, a nice bullish trend has started. 4 EMAs are used […]

Apple shares (NASDAQ:AAPL) are already in a bullish trend. The trend has been ongoing for about 3 months and it is supposed to continue for the next several months (though there may be pullbacks and pauses along the way). The market is moving above the EMA 21 and the Williams’s % Range period 20 is […]

Tesla shares (NASDAQ:TSLA) have been going southwards systematically, especially since October 2018. The market has been experiencing a series of higher lows, lower highs and lower lows. Price has recently broken below the Lower Trendline, showing a continuation of the bearish trend. At the same time, the RSI period 14 has gone below the level […]

Verizon Communications shares (NYSE:VZ) do not enjoy a strong momentum at the present. The market seems to be consolidating, although the short-term trend is bullish. The ADX period 14 is below the level 20, showing lack of momentum. The DM+ is not above the DM-, which emphasizes the current trendlessness in the market. The MACD […]

Ebay shares (NASDAQ:EBAY) are in a very strong uptrend. Since price reached a recent low in December 2018, it has assumed a very strong bullish movement. The bullish movement is so forceful that the 4 EMAs used for this analysis support the current trend in the market. They are EMAs 10, 20, 50 and 200. […]

IBM shares (NYSE:RBS) have also started moving northwards in recent times and it would also recover some of the losses sustained in the last several months. Price is above the EMA 21, which supports the bullishness in the market. The Williams’ % Range period 20 is in the overbought region, which means the bullish momentum […]