The percentage of S&P 500 stocks trading above their 50-day moving average, a key measure of market breadth, rose 23% last week to 55% at last Friday’s close. Meanwhile, the percentage of S&P 500 ...
Even the strongest bull markets eventually show fatigue — and right now, quite a few technical traders are watching one key level to gauge whether momentum is shifting. In the latest Market on Close, ...
The benchmark S&P 500 Index (SP500) has been on a steady upward trajectory since its April 2 low—an inflection point that President Donald Trump dubbed “Liberation Day.” The rally has gained broad ...
SoFi Technologies (SOFI) stock tanked roughly 7% on Dec. 5 after the fintech announced a $1.5 billion convertible notes offering, raising immediate dilution concerns. The selloff pushed SOFI ...
Both the S&P 500 and Nasdaq composite were trading lower on Friday, adding to the weakness they've seen since the start of November. This continued decline may cause both indexes to break below a key ...
The S&P 500 is nearing two key resistance levels that could give way to more volatility and selling. The index's rally faces challenges at the 50-day and 200-day moving averages. Potential market ...
Explore the ADX indicator's role in measuring trend strength. Using ADX can enhance your trading decisions, helping you identify strong trends and reduce risks efficiently.