Tech Talk for Thursday February 11th 2021

February 11, 2021 / www.timingthemarket.ca / Article Link

China Large Cap iShares (FXI) moved above $53.14 to an all-time high extending an intermediate uptrend.

clip_image001[1]

Hong Kong iShares (EWH) moved above $26.54 extending an intermediate uptrend.

clip_image002[1]

Asia ex Japan iShares (EPP) moved above $50.52 to an all-time high extending an intermediate uptrend.

clip_image003[1]

Australia iShares (EWA) moved above $25.11 to an all-time high extending an intermediate uptrend.

clip_image004[1]

KraftHeinz (KHC), a NASDAQ 100 stock moved above $35.41 and $35.53 extending an intermediate uptrend.

clip_image005[1]

ASML Holding (ASML), a NASDAQ 100 stock moved above $573.80 to an all-time high extending an intermediate uptrend.

clip_image006[1]

Synopsys (SNPS), a NASDAQ 100 stock moved above $280..11 to an all-time high extending an intermediate uptrend.

clip_image007[1]

TSX Energy iShares (XEG) moved above $6.68 extending an intermediate uptrend.

clip_image008[1]

BMO Equal Weight Energy ETF (ZEO) moved above $33.00 extending an intermediate uptrend.

clip_image009[1]

TSX Financials iShares (XFN) moved above $39.89 extending an intermediate uptrend.

clip_image010[1]

SunLife (SLF), a TSX 60 stock moved above $62.07 extending an intermediate uptrend.

clip_image011

Inter Pipeline (IPL), a TSX 60 stock moved above $14.63 after Brookfield Asset Management offered to acquire remaining shares in a stock/cash deal.

clip_image012[1]

 

Technical Notes for Wednesday February 10th

EAFE (EFA) moved above $75.75 to an all-time high extending an intermediate uptrend.

clip_image001

Shanghai Composite Index moved above 3637.10 to a six year high at 3665.09 extending an intermediate uptrend.

clip_image002

American International Group (AIG), an S&P 100 stock moved above $42.57 extending an intermediate uptrend.

clip_image003

Nvidia (NVDA), a NASDAQ 100 stock moved above $588.90 to an all-time high extending an intermediate uptrend.

clip_image004

Copper Miners ETF (COPX) moved above $34.46 to an all-time high extending an intermediate uptrend.

clip_image005

Copper moved above $3.79 per lb.to an eight year high extending an intermediate uptrend.

clip_image006

Okta (OKTA), a NASDAQ 100 stock moved above $287.35 to an all-time high extending an intermediate uptrend.

clip_image007

Intuit (INTU), a NASDAQ 100 stock moved above $398.12 to an all-time high extending an intermediate uptrend.

clip_image008

Caterpillar (CAT), a Dow Jones Industrial Average stock moved above $199.11 to an all-time high extending an intermediate uptrend.

clip_image009

Cannabis stocks and related ETFS "have gone parabolic"

clip_image010

 

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for February 10th 2021

clip_image012

Green: Increase from previous day

Red: Decrease from previous day

 

Commodities

Daily Seasonal/Technical Commodities Trends for February 10th 2021

clip_image014

Green: Increase from previous day

Red: Decrease from previous day

 

Sectors

Daily Seasonal/Technical Sector Trends for February 10th 2021

clip_image016

Green: Increase from previous day

Red: Decrease from previous day

 

Market Buzz

Greg Schnell discusses "February new highs". Following is a link:

https://www.youtube.com/watch?v=xeTE_fOVg7g&feature=youtu.be&ab_channel=StockCharts

 

S&P 500 Momentum Barometer

clip_image017

The intermediate Barometer added 1.20 to 74.15 yesterday. It remains intermediate overbought.

clip_image018

The long term Barometer slipped 0.40 to 90.38 yesterday. It remains extremely long term overbought.

 

TSX Momentum Barometer

clip_image019

The intermediate Barometer added 1.92 to 69.71 yesterday. It remains intermediate overbought.

clip_image020

The long term Barometer was unchanged yesterday at 77.88. It remains long term overbought.

 

Disclaimer: Seasonality and technical ratings offered in this report and at

www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed


More from the network:


Recent News

Canada second most significant player in global mining M&A

July 22, 2024 / www.canadianminingreport.com

Plenty of potential for continued rotation out of tech

July 22, 2024 / www.canadianminingreport.com

Platinum to palladium ratio low, platinum to gold high, versus history

July 15, 2024 / www.canadianminingreport.com

Gold stocks up on metal and equities gains

July 15, 2024 / www.canadianminingreport.com

Most major metals rebound on potential global monetary easing

July 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok