Life is memorable. Share your experience. Help others. Return the favor.
Terms Of Use
Privacy Policy
About
FAQ
Help
Contact Us
As an Amazon Associate and affiliate with other third parties, Echofavor earn from qualifying purchases and display advertisements.
0.2360944
Daily stock market update August 31, 2020 - Market show mixed signals
How is stock market today?
Market show mixed signals. Nasdaq rose to new highs but other indices sink.
What is the current support level?
Nasdaq make a new high. It recently climbed back above its 10 days moving average nearing 11000 mark. Watch for the 21 days moving average which is a critical support line since April 6 when the rally began.
S&P 500 and DOW drop a little but are still above the 10 days moving average.
Russell 2000 dropped below its 10 days moving average but is still above its 21 days moving average. Watch for support in the next few days at this level.
- DJIA - above its 50 days moving average line near 26760; current at 28430
- S&P 500 - above its 50 days moving average line near 3250; current at 3500
- NASDAQ - above its 50 and days moving average line near 10630; current at 11775
- RUSSELL 2000 - above its 50 moving average line near 1490; current at 1561
Which industry groups show strength?
There are no industry groups showing strength.
Which industry groups from recent strength show weakness today?
| Relative strength drops by 1% | ||||
| Technology | Technology | Computer Software: Prepackaged Software (Enterprise) | 10 | AKAM, ATEN, CRM, FSLY, NTNX, PLAN, QADA, SMAR, UPLD, WDAY |
| Below 50 days moving average | ||||
| Retail | Health Care | Medical/Nursing Services | -3 | CVS, RAD, WBA |
Disclaimer: MCBOSS CAPITAL provides financial education and information research. None of this information should be used for investment purpose. Please seek professional advice. Information provided may not always be accurate.
|
|
||||
| Copyright © Echofavor 2021. All Rights Reserved. | Powered by Echofavor |
