Tech Talk for Friday May 13th 2022
Technical Notes for yesterday
Europe iShares $IEV moved below $44.33 extending an intermediate downtrend.
India ETF $PIN moved below $23.32 extending an intermediate downtrend.
Solar iShares $TAN moved below $56.08 extending an intermediate downtrend.
Junior Gold ETF $GDXJ moved below $36.55 extending an intermediate downtrend.
Equal Weight Base Metals ETF $ZMT.TO moved below Cdn$49.61 extending an intermediate downtrend.
Uranium ETF $URA moved below $18.71 extending an intermediate downtrend.
Twitter $TWTR moved below $45.00 completing a double top pattern.
American Express $AXP a Dow Jones Industrial Average stock moved below $155.28 extending an intermediate downtrend.
Moderna $MRNA a NASDAQ 100 stock moved below $122.01 extending an intermediate downtrend.
United Parcel Services $UPS an S&P 100 stock moved below $174.99 extending an intermediate downtrend.
Cadence Design $CDNS a NASDAQ 100 stock moved below $133.10 extending an intermediate downtrend.
KLA Tencor $KLAC a NASDAQ 100 stock moved below $700.00 extending an intermediate downtrend.
QualComm $QCOM a NASDAQ 100 stock moved below $130.66 extending an intermediate downtrend.
Oracle $ORCL an S&P 100 stock moved below $69.96 extending an intermediate downtrend.
General Dynamics $GD an S&P 100 stock moved below $223.20 completing a double top pattern.
CGI Group $GIB a TSX 60 stock moved below US$77.25 extending an intermediate downtrend.
ManuLife $MFC.TO a TSX 60 stock moved below Cdn$24.48 completing a double top pattern following release of lower than consensus first quarter results.
BCE $BCE a TSX 60 stock moved below $67.43 and $67.38 completing a Head & Shoulders pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for May 12th 2022
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for May 12th 2022
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for May 12th 2021
Green: Increase from previous day
Red: Decrease from previous day
All seasonality ratings are based on performance relative to the S&P 500 Index (except TSX)
Disclaimer: Seasonality and technical ratings offered in this report and at