Our Cookie Policy

Echofavor and carefully selected third parties use cookies on this site to improve performance, for analytics and to show you offers tailored to your interests on our site and third party sites. By continuing to use our site, you consent to our use of cookies. Privacy Policy

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.
0.2036638

Daily stock market update July 27, 2021 - Market gave back some

How is stock market today?

Market gave back some today, however, it did recover halfway from the lows.

What is the current support level?

Nasdaq pull back to its 21 days moving average before recover near its 10 days moving average.

S&P 500 and Dow Jones drop to its 10 days moving average before recovering.

Russell 2000 continue to struggle near its 10 days moving average. It is still far below its 50 days moving average.

  • NASDAQ - above its 50 days moving average line near 14000; current at 14660
  • S&P 500 - above its 50 days moving average line near 4200; current at 4401
  • DJIA - above its 50 days moving average line near 34400; current at 35058
  • RUSSELL 2000 - below its 50 days moving average line near 2240; current at 2191

Psychological levels

  • Nasdaq is above 14000.
  • S&P 500 is above 4400.
  • Dow Jones Industrial Average is above 35000.
  • Small cap Russell 2000 is now below 2200.

Which industry groups show strength?

There are not many groups showing accumulation. 

Sector Industry Sub-group # Stocks
Industrial Basic Industries Paper 2 GPK, WRK

Which industry groups from recent strength show weakness today?

Relative strength drops by 2%
Retail Transportation Air Freight/Delivery Services 2 ALGT, LUV
Relative strength drops by 1%
Industrial Capital Goods Military/Government/Technical 3 HII, ISSC, TXT
Relative strength drops by 1%
Financial Capital Goods Homebuilding 3 DHI, KBH, TPH


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
Copyright © Echofavor 2021. All Rights Reserved.
Powered by Echofavor