Daily Archives: August 17, 2020

$TSLA Tesla Inc Stock Robo Analyst August 17 2020 #TSLA

Tesla Inc Stock Chart

Tesla Inc (TSLA) “On a long-term technical basis, the stock (TSLA) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 1794.99 and 1689.00. If the stock breaks down through support at 1794.99 then it will probably continue lower to 1689.00. The stock will meet resistance at 1845.88 and 2019.36. If the stock breaks up through resistance at 1845.88 then it will probably continue higher to 2019.36. The 200-day moving average is at 766.50. This will also act as support. The stock is neutral according to the Stochastic Indicator (61.43).”

Tesla Inc Stock Chart

Tags: , , , , , , , ,

$SRNE Sorrento Therapeutics Inc Stock Robo Analyst August 17 2020 #SRNE

Sorrento Therapeutics Inc Stock Chart

Sorrento Therapeutics Inc (SRNE) “On a long-term technical basis, the stock (SRNE) is trading above its 200-day moving average which generally implies it is in a positive trend. However, the stock has recently broken down through an important fibonacci fan trendline at 12.78 suggesting the next support level is at 10.61. This weakness suggests the long-term uptrend is turning neutral.

The stock has support at 10.61 and 10.00. If the stock breaks down through support at 10.61 then it will probably continue lower to 10.00. The stock will meet resistance at 12.78 and 19.44. If the stock breaks up through resistance at 12.78 then it will probably continue higher to 19.44. The 200-day moving average is at 4.24. This will also act as support. The stock is neutral according to the Stochastic Indicator (55.66).”

Sorrento Therapeutics Inc Stock Chart

Tags: , , , , , ,

$AAL American Airlines Group Inc Stock Robo Analyst August 17 2020 #AAL

American Airlines Group Inc Stock Chart

American Airlines Group Inc (AAL) “On a long-term technical basis, the stock (AAL) is trading below its 200-day moving average which generally implies it is in a negative trend. The stock has broken down through support at 14.40, so look for new support at 10.33.

The stock has support at 10.98 and 10.33. If the stock breaks down through support at 10.98 then it will probably continue lower to 10.33. The stock has resistance at 12.89 and at 14.29. If the stock breaks up through resistance at 12.89 then it will probably continue higher to 14.29. The 200-day moving average is at 18.95. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (60.90).”

American Airlines Group Inc Stock Chart

Tags: , , , , , , ,

$BAC Bank of America Corporation Stock Robo Analyst August 17 2020 #BAC

Bank of America Corporation Stock Chart

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 25.32 and 23.68. If the stock breaks down through support at 25.32 then it will probably continue lower to 23.68. The stock has resistance at 27.87 and at 35.75. If the stock breaks up through resistance at 27.87 then it will probably continue higher to 35.75. The 200-day moving average is at 27.87. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 25.32 look for a rally to previous highs. The stock is slightly overbought according to the Stochastic Indicator (73.20).”

Bank of America Corporation Stock Chart

Tags: , , , , , , ,

$GOLD Barrick Gold Corporation Stock Robo Analyst August 17 2020 #GOLD

Barrick Gold Corporation Stock Chart

Barrick Gold Corporation (GOLD) “On a long-term technical basis, the stock (GOLD) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 28.36 and 26.94. If the stock breaks down through support at 28.36 then it will probably continue lower to 26.94. The stock will meet resistance at 30.20 and 34.53. If the stock breaks up through resistance at 30.20 then it will probably continue higher to 34.53. The 200-day moving average is at 21.89. This will also act as support. The stock is neutral according to the Stochastic Indicator (40.67).”

Barrick Gold Corporation Stock Chart

Tags: , , , , , ,

$TEVA Teva Pharmaceutical Industries Limited Stock Robo Analyst August 17 2020 #TEVA

Teva Pharmaceutical Industries Limited Stock Chart

Teva Pharmaceutical Industries Limited (TEVA) “On a long-term technical basis, the stock (TEVA) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 11.19 and 9.75. If the stock breaks down through support at 11.19 then it will probably continue lower to 9.75. The stock has resistance at 11.97 and at 12.81. If the stock breaks up through resistance at 11.97 then it will probably continue higher to 12.81. The 200-day moving average is at 10.73. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 11.19 look for a rally to previous highs. The stock is slightly oversold according to the Stochastic Indicator (30.31).”

Teva Pharmaceutical Industries Limited Stock Chart

Tags: , , , , , ,

$ITUB Itaú Unibanco Holding S.A Stock Robo Analyst August 17 2020 #ITUB

Itaú Unibanco Holding S.A Stock Chart

Itaú Unibanco Holding S.A (ITUB) “On a long-term technical basis, the stock (ITUB) is trading below its 200-day moving average which generally implies it is in a negative trend. The new level of support is at 4.35.

The stock has support at 4.35 and 3.59. If the stock breaks down through support at 4.35 then it will probably continue lower to 3.59. The stock has resistance at 4.49 and at 4.81. If the stock breaks up through resistance at 4.49 then it will probably continue higher to 4.81. The 200-day moving average is at 6.24. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (6.71).”

Itaú Unibanco Holding S.A Stock Chart

 

Tags: , , , , , ,

$KSS Kohl’s Corporation Stock Robo Analyst August 17 2020 #KSS

Kohl's Corporation Stock Chart

Kohl’s Corporation (KSS) “On a long-term technical basis, the stock (KSS) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 22.94 and 21.75. If the stock breaks down through support at 22.94 then it will probably continue lower to 21.75. The stock has resistance at 29.34 and at 31.89. If the stock breaks up through resistance at 29.34 then it will probably continue higher to 31.89. The 200-day moving average is at 31.89. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 22.94 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (77.97).”

Kohl's Corporation Stock Chart

Tags: , , , , , ,

$M Macy’s Inc Stock Robo Analyst August 17 2020 #M

Macy's Inc Stock Chart

Macy’s Inc (M) “On a long-term technical basis, the stock (M) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 6.86 and 6.50. If the stock breaks down through support at 6.86 then it will probably continue lower to 6.50. The stock has resistance at 7.18 and at 10.46. If the stock breaks up through resistance at 7.18 then it will probably continue higher to 10.46. The 200-day moving average is at 10.56. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 6.86 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (64.51).”

Macy's Inc Stock Chart

Tags: , , , , , , ,

$NIO NIO Inc Stock Robo Analyst August 17 2020 #NIO

NIO Inc Stock Chart

NIO Inc (NIO) “On a long-term technical basis, the stock (NIO) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 11.82 and 10.78. If the stock breaks down through support at 11.82 then it will probably continue lower to 10.78. The stock will meet resistance at 16.44 and 18.50. If the stock breaks up through resistance at 16.44 then it will probably continue higher to 18.50. The 200-day moving average is at 5.12. This will also act as support. The stock is neutral according to the Stochastic Indicator (59.43).”

NIO Inc Stock Chart

Tags: , , , , , ,