Moving Average Convergence Divergence (MACD)

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Take Profits Now: 3 Overbought Stocks Primed for a Pullback
MarketBeat· 2025-08-25 13:17
One of investors' most challenging questions is when to sell a winning stock. No one ever went broke taking profits, but exiting a high-flying stock too early can cause FOMO and create the temptation to chase. On the other hand, high-flying stocks eventually get too close to the sun, and it’s preferable to take profits before this Icarus moment. Traders often use technical indicators to spot changes in momentum before prices can react, and today, we’ll examine three stocks sending signals that it might be t ...
NVIDIA: A Major Indicator Just Flashed Sell, But Should You?
MarketBeat· 2025-07-30 14:20
Core Viewpoint - NVIDIA's stock has experienced a remarkable 100% increase since April, reaching a market capitalization of $4 trillion, but technical indicators suggest potential downward momentum [1][3][11]. Technical Indicators - The Moving Average Convergence Divergence (MACD) has recently shown a bearish crossover, indicating a possible shift to downward momentum for NVIDIA's stock [3][4]. - The Relative Strength Index (RSI) is at 71, suggesting that the stock is extremely overbought, which often precedes a short-term price correction [6][7]. Valuation Concerns - NVIDIA's price-to-earnings (P/E) ratio has surged from 35 in April to nearly 60, raising concerns about the sustainability of its valuation and the necessity for strong earnings in the upcoming report [8][9]. Analyst Sentiment - Despite the technical warnings, analyst sentiment remains positive, with a 12-month stock price forecast averaging $181.22, indicating a potential upside of 3.25% [10]. - Major firms like Jefferies and Bank of America have reiterated their Buy ratings, with price targets as high as $220, suggesting further upside potential of at least 25% from current levels [11]. Strategic Positioning - NVIDIA continues to be a leader in graphics processing, data center infrastructure, and custom AI chips, making it a key player in the AI megatrend [11][12].
Amazon Golden Cross Meets Prime Day Boom - Is The Stock Ready To Rip?
Benzinga· 2025-07-09 15:27
Core Viewpoint - Amazon.com Inc. has shown a bullish technical signal with the completion of a Golden Cross, coinciding with the start of its 2025 Prime Day shopping event, indicating potential upward momentum for the stock [1][2]. Group 1: Technical Indicators - The stock is currently trading at $219.36, above its 50-day simple moving average of $206.38 and its 200-day average of $206.02, signaling bullish momentum [3]. - The Moving Average Convergence Divergence (MACD) indicator is at 4.3, suggesting upward momentum [3]. - The Relative Strength Index (RSI) is at 57.89, indicating the stock is near neutral and has room for further upward movement [3]. Group 2: Prime Day Impact - Prime Day, running for 96 hours across 35 categories, historically boosts Amazon's e-commerce activity and enhances advertising and third-party seller revenues, often lifting the stock in the short term [2]. - The current bullish technical setup during Prime Day adds to the potential for stock price increases [2]. Group 3: Cautionary Signals - The 8-day simple moving average is at $220.80, slightly above the current price, indicating some near-term selling pressure and a moderate risk of bearish reversal [4]. - Investors are advised to watch for confirmation via volume and follow-through before making investment decisions, as the stock faces mild near-term resistance [5].
Snowflake Melts Resistance: Can Q1 Earnings Spark A Fresh Flurry Of Gains?
Benzinga· 2025-05-21 18:30
Snowflake Inc. SNOW is skating into its first quarter earnings report with momentum on its side and charts flashing bright. The company is set to report after market hours today, with Wall Street expecting earnings per share of 21 cents and $1.01 billion in revenue.The stock is up 10.84% over the past year, down 14.50% year-to-date, but it has caught fire lately – rallying 31.64% in just the past month. Let's dig into what the charts are signaling ahead of the print, and how analysts see things playing out. ...
AMD Recovers From 62% Value Wipeout, Faces Q1 Earnings Test: Can It Break Long-Term Resistance?
Benzinga· 2025-05-06 15:39
Advanced Micro Devices Inc. AMD will report its first-quarter earnings after today’s market closes.Wall Street expects earnings per share of 94 cents and revenue of $7.13 billion. The chipmaker's stock is up 20.27% over the past month, although it’s still down 16.61% year to date and off 35.43% from last year. Advanced Micro Devices, or AMD, lost 62% of its market capitalization between March 2024 and early April 2025. The stock appears to be recovering now, though earnings results could play a big role her ...
Palantir Smokes S&P 500 Peers With 393% Rally But Overheated Technicals Raise Red Flag Ahead Of Earnings
Benzinga· 2025-05-05 17:16
Palantir Technologies Inc PLTR will report its first-quarter earnings on Monday. Wall Street expects 13 cents in EPS and $862.83 million in revenues when the company reports after market hours.The stock is up 392.98% over the past year and 65.29% year-to-date.Let’s examine the charts for Palantir stock and how it compares to Wall Street estimates.Read Also: Palantir Climbs Above $126 In Overnight Robinhood Trading: ‘So Many Bears Out There,’ Says Lawrence McDonaldIs Palantir Stock Overheating Ahead Of Q1 Ea ...
McDonald's Technicals Show Appetite For More Gains Ahead Of Earnings
Benzinga· 2025-04-30 18:54
McDonald’s Corp MCD will report its first-quarter earnings on Thursday. Wall Street expects $2.66 in EPS and $6.09 billion in revenues as the company reports before market hours.The stock is up 16.11% over the past year, 8.38% year-to-date.Let’s examine the charts for McDonald’s stock and how it currently compares to Wall Street estimates.Read Also: Domino’s Pizza Earnings Miss: 3 ETFs That Could Still Deliver Tasty Returns In 2025MCD Stock Strongly Bullish Ahead Of Q1 EarningsChart created using Benzinga P ...
Robinhood Stock Soars 199% In A Year - Can Q1 Earnings Keep The Rally Alive?
Benzinga· 2025-04-30 13:28
Robinhood Markets Inc HOOD will be reporting its first-quarter earnings on Wednesday. Wall Street expects 33 cents in EPS and $922.53 million in revenues as the company reports after market hours.The stock is up 199.39% over the past year, 25.18% YTD.Let’s look at what the charts indicate for HOOD stock and how it maps against Wall Street estimates.Read Also: Cathie Wood Chops Palantir: Ark Invest Dumps $9.1 Million Worth Of Stock, Also Sells Meta And Robinhood SharesHOOD Stock Strongly Bullish Ahead Of Q1 ...
Qualcomm Stock Momentum Faces A Midweek Stress Test — Apple, Tariffs To Blame?
Benzinga· 2025-04-30 12:39
Qualcomm Inc. QCOM will report its second-quarter earnings on Wednesday. As the company reports after market hours, Wall Street expects $2.81 in EPS and $10.65 billion in revenues.The stock is down 11.44% over the past year, 4.40% YTD. Despite the decline, Qualcomm stock has been an outperformer in the chip sector so far this year. The iShares Semiconductor ETF SOXX is down over 15% YTD while the VanEck Semiconductor ETF SMH is down 14%.Wednesday's post-close earnings will put that momentum to the test. Bey ...
3M's Chart Looks Rough, But Wall Street's Still Betting On A Bounce Ahead Of Q1 Earnings
Benzinga· 2025-04-21 15:54
Core Viewpoint - 3M Co. is set to report its first-quarter earnings, with Wall Street expecting an EPS of $1.77 and revenue of $5.76 billion, marking the company's first quarterly update of 2025 [1] Group 1: Stock Performance - 3M stock has increased by 38.03% over the past year but has seen a decline of 1.43% year to date and a significant drop of 14.98% over the past month [1] - The current trading price of 3M stock is $130.22, which is below its short and medium-term moving averages [5][2] Group 2: Technical Indicators - The eight-day, 20-day, and 50-day simple moving averages are at $139.03, $140.20, and $128.86 respectively, indicating weakening momentum [2] - The Moving Average Convergence Divergence (MACD) indicator is at 1.53, suggesting bullish divergence and potential positive movement if earnings exceed expectations [3] - The Relative Strength Index (RSI) is at 43.32, approaching oversold territory, which may indicate a short-term bounce if supported by strong fundamentals [3] Group 3: Analyst Ratings and Price Targets - The consensus analyst rating for 3M stock is a Buy, with an average price target of $138.75 [4] - Recent calls from Citigroup, Barclays, and JPMorgan have raised the average target to $147.33, suggesting a potential upside of 15.33% from current levels [4]