Beyond Meat Inc. (BYND) “On a short-term technical basis, the trend is Bearish (down) and the stock is below its 50-day moving average at 166.09 which also confirms its Bearish (down) trend. The stock is neutral according to the Stochastic indicator (40.99).”
Cisco Systems Inc. (CSCO) “On a long-term technical basis, the stock (CSCO) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 46.20 and 40.25. If the stock breaks down through support at 46.20 then it will probably continue lower to 40.25. The stock has resistance at 49.62 and 52.52. If the stock breaks up through resistance at 49.62 then it will probably continue higher to 52.52. The 200-day moving average is at 51.39. This will also act as resistance. The stock’s long-term uptrend has changed into a sideways or downtrend. In this case, the stock will either go sideways for a while or sell-off back to where it started prior to the latest big upmove. This is a risky time for the stock, so be careful. Use caution during times like these, as the stock will be more volatile. Pay close attention to the Short-Term and Daily Opinion. The stock is extremely overbought according to the Stochastic Indicator (78.42), so look for a possible pullback soon. Confirm this with the Short-Term and Daily Opinion to keep from exiting prematurely.”
Facebook Inc. (FB) “On a long-term technical basis, the stock (FB) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 190.91 suggesting the next support level is at 179.34. This weakness suggests the long-term trend is turning neutral.
The stock has support at 179.34 and 164.98. If the stock breaks down through support at 179.34 then it will probably continue lower to 164.98. The stock will meet resistance at 189.60 and 205.47. If the stock breaks up through resistance at 189.60 then it will probably continue higher to 205.47. The 200-day moving average is at 173.88. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (74.65).”
Intel Corporation (INTC) “On a long-term technical basis, the stock (INTC) is trading above its 200-day moving average, but has broken through an important support level, which implies it is in a neutral trend.
The stock has support at 49.49 and 45.36. If the stock breaks down through support at 49.49 then it will probably continue lower to 45.36. The stock has resistance at 52.38 and 55.02. If the stock breaks up through resistance at 52.38 then it will probably continue higher to 55.02. The 200-day moving average is at 49.49. This will also act as support. The stock’s long-term uptrend has changed into a sideways or downtrend. In this case, the stock will either go sideways for a while or sell-off back to where it started prior to the latest big upmove. This is a risky time for the stock, so be careful. Use caution during times like these, as the stock will be more volatile. Pay close attention to the Short-Term and Daily Opinion. The stock is extremely overbought according to the Stochastic Indicator (78.61), so look for a possible pullback soon. Confirm this with the Short-Term and Daily Opinion to keep from exiting prematurely.”
Microsoft Corporation (MSFT) “Thursday’s Bullish (up) move, forming a recent high, is accompanied by increasing volume (140% of average), but not confirmed by a significantly higher close, which may suggest a top! Thursday’s gap up in price suggests further new highs are ahead. This is an extremely bullish sign. Sometimes a stock will pause, or retrace for a few days to fill the gap, before continuing higher.”
Overstock.com Inc. (OSTK) “On a long-term technical basis, the stock (OSTK) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 15.46 and 14.18. If the stock breaks down through support at 15.46 then it will probably continue lower to 14.18. The stock has resistance at 16.26 and 17.37. If the stock breaks up through resistance at 16.26 then it will probably continue higher to 17.37. The 200-day moving average is at 16.39. This will also act as resistance. The stock’s long-term uptrend has changed into a sideways or downtrend. In this case, the stock will either go sideways for a while or sell-off back to where it started prior to the latest big upmove. This is a risky time for the stock, so be careful. Use caution during times like these, as the stock will be more volatile. Pay close attention to the Short-Term and Daily Opinion. The stock is slightly oversold according to the Stochastic Indicator (33.71).”
Netflix Inc. (NFLX) “On a long-term technical basis, the stock (NFLX) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 288.00 and 231.23. If the stock breaks down through support at 288.00 then it will probably continue lower to 231.23. The stock has resistance at 301.55 and at 332.65. If the stock breaks up through resistance at 301.55 then it will probably continue higher to 332.65. The 200-day moving average is at 334.98. This will also act as resistance. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 288.00 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (44.57).”
Adobe Inc. (ADBE) “On a long-term technical basis, the stock (ADBE) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 291.23 suggesting the next support level is at 280.86. This weakness suggests the long-term trend is turning neutral.
The stock has support at 280.86 and 266.64. If the stock breaks down through support at 280.86 then it will probably continue lower to 266.64. The stock will meet resistance at 284.98 and 304.00. If the stock breaks up through resistance at 284.98 then it will probably continue higher to 304.00. The 200-day moving average is at 269.75. This will also act as support. The stock is neutral according to the Stochastic Indicator (36.09).”
Zillow Group Inc. “On a long-term technical basis, the stock (ZG) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 31.47 and 29.13. If the stock breaks down through support at 31.47 then it will probably continue lower to 29.13. The stock has resistance at 33.29 and 37.92. If the stock breaks up through resistance at 33.29 then it will probably continue higher to 37.92. The 200-day moving average is at 37.92. This will also act as resistance. The stock’s long-term uptrend has changed into a sideways or downtrend. In this case, the stock will either go sideways for a while or sell-off back to where it started prior to the latest big upmove. This is a risky time for the stock, so be careful. Use caution during times like these, as the stock will be more volatile. Pay close attention to the Short-Term and Daily Opinion. The stock is extremely oversold according to the Stochastic Indicator (24.70), so look for a possible rebound soon. Confirm this with the Short-Term Opinion and Daily Opinion to keep from exiting prematurely.”
Apple Inc. “On a long-term technical basis, the stock (AAPL) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 221.37 and 206.36. If the stock breaks down through support at 221.37 then it will probably continue lower to 206.36. The stock has resistance at 233.50. The 200-day moving average is at 186.59. This will also act as support. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 221.37 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (86.45).”
