As an Amazon Associate and affiliate with other third parties, Echofavor earn from qualifying purchases and display advertisements.
Daily stock market update August 12, 2021 - Market made another closing high
How is stock market today?
Market made another closing high once again as S&P 500 and Dow Jones take the lead.
What is the current support level?
Nasdaq rebound from its 10 days moving average.
S&P 500 and Dow Jones made another new closing high.
Russell 2000 is holding above its 10 days moving average.
- NASDAQ - above its 50 days moving average line near 14000; current at 14816
- S&P 500 - above its 50 days moving average line near 4200; current at 4460
- DJIA - above its 50 days moving average line near 34400; current at 35499
- RUSSELL 2000 - below its 50 days moving average line near 2240; current at 2244
- Nasdaq is above 14761.
- S&P 500 is above 4400.
- Dow Jones Industrial Average is above 35000.
- Small cap Russell 2000 is above 2200.
Which industry groups show strength?
There are some industry groups showing accumulation.
|Technology||Consumer Services||Television Services||2||CABO, LBTYA|
|Retail||Consumer Non-Durables||Meat/Poultry/Fish||3||PPC, SAFM, TSN|
|Retail||Consumer Durables||Automotive Aftermarket||2||CARS, CVNA|
|Industrial||Consumer Durables||Building Products||3||ATKR, AZEK, SIC|
|Industrial||Technology||Diversified Commercial Services||2||AER, TGH|
|Industrial||Consumer Services||Other Consumer Services||2||CSV, SCI|
|Industrial||Energy||Industrial Machinery/Components||4||DDD, SSYS, VJET, XONE|
|Commodities||Energy||Industrial Machinery/Components||2||GPRE, IEA|
|Commodities||Basic Industries||Steel/Iron Ore||2||NUE, STLD|
|Financial||Finance||Finance: Consumer Services||2||COF, UPST|
|Financial||Finance||Property-Casualty Insurers (Diversified)||3||AIG, HIG, MFC|
Which industry groups from recent strength show weakness today?
|Relative strength drops by 1%|
|Retail||Transportation||Air Freight/Delivery Services||-2||AAL, SAVE|
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|