Daily Archives: October 22, 2020

$MRO Marathon Oil Corporation Stock Robo Analyst October 22 2020 #MR

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

The stock has support at 3.79 and 3.02. If the stock breaks down through support at 3.79 then it will probably continue lower to 3.02. The stock has resistance at 4.47 and at 4.87. If the stock breaks up through resistance at 4.47 then it will probably continue higher to 4.87. The 200-day moving average is at 6.24. 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 3.79 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (58.23).”

Marathon Oil Corporation Stock Chart

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$GILD Gilead Sciences Inc Stock Robo Analyst October 22 2020 #GILD

Gilead Sciences Inc Stock Chart

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

The stock has support at 59.63 and 53.94. If the stock breaks down through support at 59.63 then it will probably continue lower to 53.94. The stock has resistance at 61.65 and at 64.99. If the stock breaks up through resistance at 61.65 then it will probably continue higher to 64.99. The 200-day moving average is at 71.10. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (20.51).”

Gilead Sciences Inc Stock Chart

 

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$TSLA Tesla Inc Stock Robo Analyst October 22 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 418.40 and 380.53. If the stock breaks down through support at 418.40 then it will probably continue lower to 380.53. The stock will meet resistance at 448.88 and 502.49. If the stock breaks up through resistance at 448.88 then it will probably continue higher to 502.49. The 200-day moving average is at 237.00. This will also act as support. The stock is neutral according to the Stochastic Indicator (46.96).”

Tesla Inc Stock Chart

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$T AT&T Inc Stock Robo Analyst October 22 2020 #T

AT&T Inc Stock Chart

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

The stock has support at 27.75 and 26.08. If the stock breaks down through support at 27.75 then it will probably continue lower to 26.08. The stock has resistance at 28.80 and at 30.53. If the stock breaks up through resistance at 28.80 then it will probably continue higher to 30.53. The 200-day moving average is at 31.38. 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 27.75 look for a rally to previous highs. The stock is slightly oversold according to the Stochastic Indicator (26.65).”

AT&T Inc Stock Chart

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$AMD Advanced Micro Devices Inc Stock Robo Analyst October 22 2020 #AMD

Advanced Micro Devices Inc Stock Chart

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

The stock has support at 76.75 and 68.08. If the stock breaks down through support at 76.75 then it will probably continue lower to 68.08. The stock will meet resistance at 82.04 and 87.29. If the stock breaks up through resistance at 82.04 then it will probably continue higher to 87.29. The 200-day moving average is at 61.03. This will also act as support. The stock is neutral according to the Stochastic Indicator (37.98).”

Advanced Micro Devices Inc Stock Chart

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$BAC Bank of America Corporation Stock Robo Analyst October 22 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 24.87 and 23.48. If the stock breaks down through support at 24.87 then it will probably continue lower to 23.48. The stock has resistance at 24.90 and at 26.76. If the stock breaks up through resistance at 24.90 then it will probably continue higher to 26.76. The 200-day moving average is at 25.74. 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 24.87 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (45.07).”

Bank of America Corporation Stock Chart

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$NIO NIO Inc Stock Robo Analyst October 22 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 22.59 and 21.05. If the stock breaks down through support at 22.59 then it will probably continue lower to 21.05. The stock will meet resistance at 29.44 and 31.06. If the stock breaks up through resistance at 29.44 then it will probably continue higher to 31.06. The 200-day moving average is at 9.43. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (84.11), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”

NIO Inc Stock Chart

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$F Ford Motor Company Stock Robo Analyst October 22 2020 #F

Ford Motor Company Stock Chart

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

The stock has support at 7.74 and 7.10. If the stock breaks down through support at 7.74 then it will probably continue lower to 7.10. The stock has resistance at 9.63. The 200-day moving average is at 6.59. 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 7.74 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (90.41).”

Ford Motor Company Stock Chart

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$AAPL Apple Inc Stock Robo Analyst October 22 2020 #AAPL

Apple Inc Stock Chart

Apple Inc (AAPL) “On a long-term technical basis, the stock (AAPL) 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 122.10 suggesting the next support level is at 108.91. This weakness suggests the long-term uptrend is turning neutral.

The stock has support at 108.91 and 103.10. If the stock breaks down through support at 108.91 then it will probably continue lower to 103.10. The stock will meet resistance at 117.42 and 125.39. If the stock breaks up through resistance at 117.42 then it will probably continue higher to 125.39. The 200-day moving average is at 89.74. This will also act as support. The stock is neutral according to the Stochastic Indicator (45.61).”

Apple Inc Stock Chart

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$AAL American Airlines Group Inc Stock Robo Analyst October 22 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. If the new level of support at 12.09 holds, look for a bounce to the next resistance level at 12.85. If the stock breaks up through resistance at 15.34 a positive trend change is being attempted. Look for a possible long-term rally to previous highs.

The stock has support at 12.09 and 11.22. If the stock breaks down through support at 12.09 then it will probably continue lower to 11.22. The stock has resistance at 12.85 and at 13.68. If the stock breaks up through resistance at 12.85 then it will probably continue higher to 13.68. The 200-day moving average is at 15.14. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (51.67).”

American Airlines Group Inc Stock Chart

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