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Weekly Signal 8/12

  • Writer: When2Buy Official
    When2Buy Official
  • Aug 12, 2024
  • 7 min read

  • Now AI will provide analysis to tell you, techniqually, why the score is "high" or "low"

  • The stock market becomes much better than last week. If Tuesday we see a big rise on QQQ(and other index), we might say, we will jump out of the short-term bearish trend.


Stock_Date

Signal

BuyScore

Analysis

META_2024-08-12

1

0.7

"The candlestick chart shows a recent upward movement after a period of decline, suggesting a potential reversal. The RSI indicates a move towards overbought territory, which could signal a potential pullback. The MACD shows a bullish crossover, indicating upward momentum. Moving averages show the short-term MA crossing above the medium-term MA, supporting the bullish sentiment. Bollinger Bands show price moving towards the upper band, indicating increased volatility and potential continuation of the upward trend."

GOOGL_2024-08-12

0

0.2

"The candlestick chart shows a recent downtrend with no clear reversal patterns like head and shoulders or double bottoms. The moving averages indicate a bearish crossover, with the 10-day MA crossing below the 50-day MA. Bollinger Bands show the price moving towards the lower band, suggesting continued downward pressure. RSI is near oversold levels, but not yet indicating a reversal. MACD is below the signal line, confirming bearish momentum."

IAU_2024-08-12

-1

0.6

"The candlestick chart shows a recent upward movement, but no clear pattern like head and shoulders or double top/bottom is evident. The RSI is approaching overbought levels, suggesting potential caution. The MACD shows a recent bullish crossover, indicating possible upward momentum. Moving averages show the short-term MA crossing above the medium-term MA, which is a bullish sign. Bollinger Bands indicate the price is near the upper band, suggesting it might be overbought."

LLY_2024-08-12

-1

0.6

"The candlestick chart shows a recent recovery after a significant drop, but no clear pattern like head and shoulders or double bottom is evident. The RSI indicates a recent move from oversold territory, suggesting a potential upward momentum. The MACD shows a recent bullish crossover, indicating a possible trend reversal. Moving averages show the price crossing above the 10-day MA, but still below the 50-day MA, suggesting caution. Bollinger Bands indicate a recent bounce from the lower band, suggesting a potential upward move, but the overall trend is still unclear."

SOXS_2024-08-12

-1

0.4

"The candlestick chart shows a recent upward trend, but with some resistance around the 35-40 price level. The RSI indicates overbought conditions recently, suggesting a potential pullback. The MACD shows a bullish crossover, but the momentum is decreasing. Moving averages show the short-term MA crossing above the medium-term MA, indicating a potential bullish trend, but the long-term MA is still above, indicating overall bearishness. Bollinger Bands show the price touching the upper band, suggesting overbought conditions."

CEG_2024-08-12

-1

0.4

"The candlestick chart shows a recent downtrend with a slight recovery. No clear reversal patterns like head and shoulders or double bottoms are evident. The RSI indicates a recovery from oversold conditions, but not yet overbought. MACD shows a bullish crossover, suggesting potential upward momentum. Moving averages are still in a bearish alignment, with the short-term MA below the long-term MA. Bollinger Bands show the price moving towards the middle band, indicating reduced volatility."

AAPL_2024-08-12

-1

0.3

"The candlestick chart shows a recent recovery after a significant drop, but no clear pattern like head and shoulders or double bottom is evident. The RSI indicates a recovery from oversold conditions, moving towards neutral. The MACD is still below the signal line, suggesting bearish momentum, but the gap is narrowing. Moving averages show a recent crossover of the 10-day MA below the 50-day MA, indicating potential bearishness. Bollinger Bands show the price moving towards the middle band, suggesting stabilization. Overall, the indicators are mixed with a slight bearish bias."

NVDA_2024-08-12

-1

0.3

"The candlestick chart shows a recent downtrend with some consolidation. The RSI indicates a recovery from oversold conditions, but it hasn't reached overbought levels. The MACD is still below the signal line, suggesting bearish momentum, but it is showing signs of convergence. Moving averages show the 10-day MA crossing below the 50-day MA, indicating a bearish signal. Bollinger Bands show the price moving towards the middle band, suggesting potential stabilization but not a strong reversal."

MSFT_2024-08-12

-1

0.3

"The candlestick chart shows a recent downtrend with a slight recovery. No clear reversal patterns like head and shoulders or double bottoms are visible. The RSI is recovering from oversold levels, indicating potential buying interest. The MACD is still negative but showing signs of convergence, suggesting a possible trend reversal. Moving averages show the short-term MA crossing below the long-term MA, indicating a bearish trend. Bollinger Bands show the price moving towards the middle band, suggesting reduced volatility and potential stabilization."

AMD_2024-08-12

-1

0.3

"The candlestick chart shows a recent downtrend with some consolidation around the 130-140 range. No clear reversal patterns like double bottom or head and shoulders are visible. The RSI indicates oversold conditions recently, but is now moving upwards, suggesting a potential recovery. The MACD is still below the signal line, indicating bearish momentum, but the gap is narrowing. Moving averages show a bearish crossover with the 10-day MA crossing below the 50-day and 200-day MAs. Bollinger Bands are narrowing, indicating reduced volatility and potential consolidation. Overall, the indicators suggest caution with no strong buy signals."

BITX_2024-08-12

-1

0.3

"The candlestick chart shows a recent sharp decline followed by a slight recovery. The RSI indicates oversold conditions recently, suggesting a potential for a rebound. However, the MACD is still in negative territory, showing bearish momentum. The moving averages show a bearish crossover, with the short-term MA crossing below the long-term MA. Bollinger Bands indicate increased volatility with the price touching the lower band, suggesting a potential reversal. Overall, the indicators are mixed, with some signs of a potential rebound but prevailing bearish momentum."

ARM_2024-08-12

-1

0.3

"The candlestick chart shows a recent downtrend with some stabilization around the 120 price level. The RSI is below 30, indicating the stock is oversold, but it has not yet shown a strong reversal signal. The MACD is negative, with the MACD line below the signal line, suggesting continued bearish momentum. Moving averages show the 10-day MA crossing below the 50-day MA, indicating a bearish trend. Bollinger Bands are widening, which often precedes increased volatility, but the price is near the lower band, suggesting potential support."

IWM_2024-08-12

-1

0.3

"The candlestick chart shows a recent sharp decline followed by a period of consolidation, indicating potential indecision in the market. The RSI is recovering from oversold levels, suggesting a possible rebound, but it remains below 50, indicating weak momentum. The MACD is below the signal line, showing bearish momentum. Moving averages show the 10-day MA crossing below the 50-day MA, a bearish signal. Bollinger Bands indicate a squeeze, suggesting potential volatility ahead."

AMZN_2024-08-12

-1

0.2

"The candlestick chart shows a recent downtrend with a slight consolidation phase. The moving averages indicate a bearish crossover, with the short-term MA (10) crossing below the longer-term MAs (50 and 200), suggesting a bearish trend. The Bollinger Bands show the price moving towards the lower band, indicating potential oversold conditions but also confirming the downtrend. The RSI is below 30, suggesting the stock is oversold, but the MACD is still negative, indicating continued bearish momentum."

TSLA_2024-08-12

-1

0.2

"The candlestick chart shows a clear downtrend over the past month, with lower highs and lower lows. The RSI is below 30, indicating the stock is oversold, but it hasn't shown signs of reversal yet. The MACD is also in a bearish phase, with the MACD line below the signal line and both trending downward. The moving averages show a bearish crossover, with the 10-day MA crossing below the 50-day MA. Bollinger Bands are widening, suggesting increased volatility, but the price is near the lower band, indicating potential overselling. However, no clear reversal pattern like a double bottom or head and shoulders is visible."

COIN_2024-08-12

-1

0.2

"The candlestick chart shows a recent downtrend with a slight consolidation phase. The RSI indicates oversold conditions, suggesting a potential for a short-term rebound. However, the MACD is still in a bearish crossover, indicating continued downward pressure. The moving averages show the 10-day MA crossing below the 50-day MA, a bearish signal. The Bollinger Bands show the price touching the lower band, which could indicate a potential bounce, but the overall trend remains bearish."

QQQ_2024-08-12

-1

0.2

"The recent candlestick chart shows a downward trend with lower highs and lower lows, indicating a bearish pattern. The RSI is below 30, suggesting the stock is oversold, but there is no clear reversal signal yet. The MACD is below the signal line, confirming the bearish momentum. Moving averages show the 10-day MA crossing below the 50-day MA, a bearish signal. Bollinger Bands indicate the price is near the lower band, suggesting potential oversold conditions but not a clear buy signal."

MU_2024-08-12

-1

0.2

"The candlestick chart shows a clear downtrend over the past month, with lower highs and lower lows. The RSI is below 30, indicating the stock is oversold, but it has not yet shown a strong reversal signal. The MACD is negative and below the signal line, suggesting continued bearish momentum. Moving averages (10, 50, 200) are all trending downwards, with the 10-day moving average below the 50-day, which is a bearish signal. Bollinger Bands are widening, indicating increased volatility, but the price is near the lower band, which could suggest a potential bounce. However, no clear reversal pattern like a double bottom or head and shoulders is visible."

SMCI_2024-08-12

-1

0.2

"The candlestick chart shows a clear downtrend over the past month, with lower highs and lower lows. The RSI is below 30, indicating the stock is oversold, but there is no clear reversal pattern yet. The MACD is also in a bearish position, with the MACD line below the signal line and both trending downward. Moving averages show a bearish crossover, with the 10-day MA crossing below the 50-day MA. Bollinger Bands indicate increased volatility, with the price moving towards the lower band, but no reversal signal is present."

AVGO_2024-08-12

-1

0.2

"The candlestick chart shows a recent downtrend with some consolidation. No clear reversal patterns like head and shoulders or double bottoms are visible. The RSI is stable around 40, indicating neither overbought nor oversold conditions. The MACD is negative but showing signs of convergence, suggesting potential stabilization. Moving averages are in a bearish alignment with the short-term MA below the long-term MA. Bollinger Bands are narrow, indicating low volatility."


 
 
 

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