StockCharts365

StockCharts365

Technical Analysis of The Hong Kong (Hang Seng Index): The HSI index thus shows a weak development, and has broken out of the long-term positive trend, and a further decline is signaled for the HSI index in the future. The HSI index has broken below an important technical support level around the 18,000 - 20,000 level, and now faces significant technical...

StockCharts365

Technical Analysis of the U.S. Dollar / Japanese Yen (USD/JPY): USD/JPY has triggered a strong technical sell signal after an established break below the 150.00 level. After a small rebound towards the 150.00 level, USD/JPY has now fallen again to around 145.00 today. USD/JPY has given a strong sell signal from a large rising wedge formation, and after this...

StockCharts365

Technical Analysis of Wald Disney Company (ticker on NYSE: DIS) A large head and shoulders formation has been established in the weekly chart for the Walt Disney share (DIS). A break below the neckline, which is around USD 79.00, will trigger a strong technical sell signal for the DIS share and from a large head and shoulders formation. There was little...

StockCharts365

Technical Analysis of Microsoft (ticker at Nasdaq: MSFT) Microsoft with a large head and shoulders formation. Although the stock exchanges and many shares have recovered a good deal in the past week, and after the strong correction in the markets. But there are still many charts for both important stock market indices and large important companies, which...

StockCharts365

This stock can easily rise very strongly in a short squeeze. The company is the 10th most shorted share at Nasdaq Stockholm, and the company has a market cap of SEK 21.4 billion. According to an overview from 09 August 2024, Sinch AB (ticker on Nasdaq Stockholm: SINCH) was number 10 of the 15 most shorted shares on the Stockholm Stock Exchange. The Sinch-share...

StockCharts365

The technical picture for Bitcoin (BTC/USD) now signals that the price of BTC/USD may can reach $1-2 million and within only 1-2 years. Bitcoin is moving within a long-term upward trend, and is now finding solid technical support down towards the lower trend line in this long-term upward trend (cf. weekly chart). A very strong technical buy signal has also been...

StockCharts365

The technical picture for the S&P500 and the Nasdaq Composite does not look good, and it looks like the S&P500 is heading back into its previous rising trend (cf. chart here) and that there could be a further correction down to around 4,700 points. The S&P500 is now testing technical resistance around the 5,350 level, and looks set to fall back now from that...

StockCharts365

Hi all, This chart for the oil price (Brent Spot) speaks for itself, so there is probably no need to write much more here. It is worth writing here that it looks very bearish for the oil price going forward now, and as this chart for Brent Spot looks here. Everything is connected, and the stock markets have fallen sharply on fears of a recession, and the price...

StockCharts365 Updated 

Clear technical signals have now been given that a major correction may come within a short time for one of the world's most important stock market indices, The Nasdaq Composite Index (^IXIC) in the USA We all know that there will occasionally be some slightly larger corrections of typically between 7-12 per cent, and even if the underlying trend for indices or...

StockCharts365

There was a not entirely unexpected correction down here for the Nasdaq Composite, and now the million dollar question is, what now and where will the Nasdaq Composite go from here and now? The answer to that we all wish we had, but no one does. When the market is very volatile and unsettled, as it has been in recent days and weeks, I tend to put on the long...

StockCharts365

Technical Analysis of the oil price (Brent Oil) Over the past three years, the oil price has established a large head and shoulder formation (cf. chart here), and where a strong technical sell signal will be triggered by a break below the USD 75.00 level. The oil price (Brent Oil) is also moving within a large symmetrical triangle consolidation formation, and...

StockCharts365

Technical Analysis of Apple Inc. (ticker on Nasdaq: AAPL) The Apple share has shown strong development both in the short and long term, and within an upward trend. Now it is sometimes the case that even strong trends come to an end, (cf. chart back to the strong rise for the share in the first half of 2023). Now the share has shown a correspondingly strong...

StockCharts365

Technical Analysis of the U.S. Dollar / Japanese Yen (USD/JPY) USD/JPY has shown a strong performance since the beginning of 2023, moving within a long-term uptrend. The long-term uptrend has been taken, but now the exchange rate for USD/JPY is falling after testing the resistance level up against the upper trend line in the uptrend twice in recent...

StockCharts365

Technical Analysis of PayPal Holdings Inc. (ticker on Nasdaq: PYPL) PayPal Holdings Inc. (PYPL) has shown a very weak development in recent years, but now several positive technical signals have been triggered for this hard-tested stock. The share has broken out of a large falling wedge formation (cf. chart), and with that triggered positive technical signals...

StockCharts365

There is good reasons to be careful in the stock market going forward for a while, and there are still no trees or shares that have grown all the way up into the sky. Although some stocks are starting to come pretty close now to making it. Technical Analysis of NVIDIA Corporation (ticker on Nasdaq: NVDA) NVIDIA Corp. (NVDA) is in a long-term rising trend (cf....

StockCharts365

The Cocoa price tripled in six months from autumn 2023 to February 2024. So what now? Some have predicted that the Cocoa price will continue to skyrocket? Probably not.. The Cocoa price can now fall as fast as it rose in six months. Technical Analysis of Cocoa Futures: If we first look at the short-term picture now for Cocoa futures, then the course is...

StockCharts365

The share has increased fivefold in the past two years, but now the technical picture for the share signals that a major downward correction (25-40%) may come for the share in the next 3-6 months. Technical Analysis of Meta Platforms Inc. (ticker on Nasdaq: META) In the last week now in the weekly chart, the meta share has triggered a technical sell signal...

StockCharts365

Technical Analysis of the Gold Price The gold price is in a long-term rising trend (cf. monthly chart), and a further strong development is signaled for the gold price in the coming years within this rising trend. A new strong technical buy signal for gold has recently been triggered after a breakout from a very large right-angled triangle consolidation...