(Last update 4:31pm EST, June 13, 2022)
\\nA quick look at today: Facebook is up to $196.64 today, which makes for a move of 0.51%/99 cents. The trading volume was 22.27 million, which is below the daily average of 27.28 million.
\\nTrend indicators show us that medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line.
\\nOverall, looking at the technical analysis landscape, it seems Facebook might continue pointing upwards in the short term.
\\nThe company's market cap is $532.17 billion the year 2022 has not been the best for the social media company, it lost 44.13% of its value. So far in 2022, it has been doing worse than the Nasdaq by 4.51%.
\\n\",\"\\n(Last update 4:31pm EST, June 13, 2022)
\\nJeff Bezos’s company dropped to $101.87, hitting its lowest point in 11 years. It later recovered $1.8 and is now trading at $103.67.
\\nAmazon's graph levels to watch: the resistance level is at $2,082, followed by $2,433.68. According to momentum evaluation, the Relative Strength Index indicates Amazon is in strong oversold condition.
\\nOverall, looking at the technical analysis landscape, it seems Amazon is likely to start pointing downward in the short term.
\\nAmazon's market cap is currently $1 trillion the tech and retail multifaceted giant has lost 96.27% over the last 2 months. So far in 2022, it has been doing worse than the Nasdaq by 57.16%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAmazon's long-planned drone-delivery service will make its U.S. debut this year with its first deliveries to Lockeford, Calif., joining other companies like Walmart and Alphabet that have begun shipping goods using unmanned aircraft https://t.co/WwYcVuf79J
\\n— The Wall Street Journal (@WSJ) June 13, 2022
(Last update 1:26am EST, June 14, 2022)
\\nThe software giant dropped to its lowest point in 1 year at $241.53. It later recovered 73 cents and trades at $242.26.
\\nA chart visual study suggests Microsoft's immediate support is around $239.52, its resistance level is at $266.82. Trend indicators show us that the MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $242.97, a low enough level to, generally, suggest that Microsoft is trading below its value. Despite this, the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions it seems Microsoft might reverse course and start pointing upward in the short term.
\\nMicrosoft is currently trading with a market cap of $1.81 trillion the year 2022 has not been the best for the software giant, it lost 24.42% of its value. So far in 2022, it has been outperforming the Nasdaq by 15.2%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMicrosoft has entered into an agreement with the Communications Workers of America to let employees at Activision more easily unionize https://t.co/jI3y1TTH8c
\\n— The Wall Street Journal (@WSJ) June 13, 2022
(Last update 1:26am EST, June 14, 2022)
\\nYesterday at a glance: after closing the previous trading day at $2,228.55 and dropping to $2,132.24, the leading search engine company closed yesterday at $2,137.53. Overall, Google lost 4.08% of its value. The trading volume was 1.78 million; slightly above the daily average of 1.53 million.
\\nA study of Google's chart pattern shows Google might start to recover soon because it is getting close to its support line— now only $20.74 away at $2,116.79. Dipping below could be an indication that further losses are ahead. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $2,088.71, a low enough level to, generally, suggest that Google is trading below its value. On the other hand, note that medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line.
\\nOverall, looking at the technical analysis landscape, it seems Google —which is currently on a downtrend— might reverse course and start pointing upward in the short term.
\\nThe company's market cap is $1.41 trillion hitting its yearly low ($2,116.79) 20 days ago, the leading search engine company has bounced back 5.28% since. So far in 2022, it has been outperforming the Nasdaq by 16.43%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGoogle placed an engineer on paid leave after dismissing his claim that its AI is sentient. The company said its systems imitated conversational exchanges but did not have consciousness. https://t.co/6SjKvoUE89
\\n— NYT Business (@nytimesbusiness) June 14, 2022
(Last update 1:26am EST, June 14, 2022)
\\nA quick look at yesterday: Elon Musk's electric cars company remained in the $647.21 range after closing Friday at $696.69 and dropping 7.1% as it reached the end yesterday's session. Trading volume (33.91 million) was slightly above the last 21 day average by 109%.
\\nA chart visual study suggests Tesla might start to recover soon because it is getting close to its support line— now only $19.05 away at $628.16. Dipping below could be an indication that further losses are ahead. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $624.13, a low enough level to, generally, suggest that Tesla is trading below its value. On the other hand, note that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.
\\nTechnical analysis indicates that Tesla's current downtrend might soon change course and start climbing up in the short term.
\\nThe company's market cap is $670.52 billion the year 2022 has not been the best for Elon Musk's electric cars company, it lost 41.93% of its value. So far in 2022, it has been doing worse than the Nasdaq by 2.31%.
\\n\",\"\\n(Last update 1:26am EST, June 14, 2022)
\\nA quick look at yesterday: the video communications platform provider remained in the $103.32 range after closing Friday at $109.07 and dropping 5.27% as it reached the end yesterday's session. The trading volume was 7.18 million; higher than the daily average of 6.91 million.
\\nChart pattern study shows the nearest support level is at $84.69.
\\nThe company has a market cap of $30.83 billion the video communications platform provider is now trading 28.79% above its yearly low ($106.35) that it has slumped into 27 days ago. So far in 2022, it has been doing worse than the Nasdaq by 1.19%.
\\n\",\"\\n(Last update 1:26am EST, June 14, 2022)
\\nYesterday at a glance: the streaming heavyweight dropped 7.24% early on and stayed at the $169.69 range. Trading volume (10.22 million) was slightly above the last 21 day average by 110%.
\\nA study of Netflix's chart pattern shows Netflix might start to recover soon because it is getting close to its support line— now only $3.32 away at $166.37. Dipping below could be an indication that further losses are ahead. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $169.95, a low enough level to, generally, suggest that Netflix is trading below its value. On the other hand, note that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions it seems Netflix might reverse course and start pointing upward in the short term.
\\nThe company has a market cap of $75.39 billion the year 2022 has not been the best for the streaming company, it lost 69.38% of its value. So far in 2022, it has been under-performing the Nasdaq by 29.76%.
\\n\",\"\\n(Last update 1:41am EST, June 14, 2022)
\\nA quick look at yesterday: after closing the previous trading day at $121.7 and dropping to $119.09, the warehouse stores chain company closed yesterday at $119.41. Overall, Walmart lost 1.88% of its value. The trading volume was 8.30 million — lower than the daily average of 13 million.
\\nImportant graph levels to look out for: Walmart might start to recover soon because it is getting close to its support line— now only 34 cents away at $119.07. Dipping below could be an indication that further losses are ahead. Momentum evaluation shows that the Relative Strength Index indicates Walmart is in an oversold condition, allowing for more gains.
\\nOverall, the technical analysis picture suggests Walmart is neutral for the immediate future, with no clear-cut direction.
\\nWalmart is currently trading with a market cap of $327.32 billion the warehouse stores chain company is now trading 23.88% below its yearly high ($159.87) that it held a month ago. So far in 2022, it has performed better than the Dow by 0.67%.
\\n\",\"\\n(Last update 1:41am EST, June 14, 2022)
\\nThe consumer goods corporation dropped to its lowest point in 8 months at $137.63. It later recovered 52 cents and trades at $138.15.
\\nChart pattern study shows Procter & Gamble's immediate support is now around $137.04; its resistance level is at $148.72. Trend indicators show us that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $137.76, a low enough level to, generally, suggest that Procter & Gamble is trading below its value.
\\nOverall, the technical analysis picture suggests Procter & Gamble is neutral for the immediate future, with no clear-cut direction.
\\nThe company's market cap is $331.46 billion the consumer goods corporation is now trading 13.56% below its yearly high ($164.21) that it held 5 months ago. So far in 2022, it has performed better than the Dow Jones by 3.68%.
\\n\",\"\\n(Last update 1:41am EST, June 14, 2022)
\\nYesterday's session ended at $99.4; today, the entertainment giant dropped to its lowest point in 2 years at $94.83. It later recovered 88 cents and is now trading at $95.71.
\\nAn analysis of Walt Disney's chart suggests Walt Disney's immediate support is around $94.49, its resistance level is at $101.59. Trend indicators show us that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. According to momentum evaluation, the Relative Strength Index indicates Walt Disney is in an oversold condition, allowing for more gains. On the other hand, note that Bollinger bands shows an indication of recovery: the lower band is at $96.28, a low enough level to, generally, suggest that Walt Disney is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawbacks may be next for Walt Disney.
\\nThe company's market cap is $174.33 billion the entertainment and content production company has lost 25.62% over the last 2 months. So far in 2022, it has been doing worse than the Dow by 20.05%.
\\n\",\"\\n(Last update 1:41am EST, June 14, 2022)
\\nA quick look at yesterday: Coca-Cola closed at $61.34 with no clear-cut direction and ranged between $62.29 and $60.67. The trading volume was 22.97 million; slightly above the daily average of 18.66 million.
\\nA chart visual study suggests Coca-Cola is climbing away and is now $1.34 from the $60 support line.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola might start pointing upward in the short term.
\\nThe company has a market cap of $265.91 billion the soft drink company is now trading 7.25% below its yearly high ($66.21) that it held a month ago. So far in 2022 it has been beating the Dow Jones by 20.1%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOverheard on the Street: The company that has replaced McDonald’s in Russia, sans Big Macs and Coca-Cola due to Western boycotts over its invasion of Ukraine, is only the latest in a long line of chains mimicking the golden arches https://t.co/ZyP5l9dwrg
\\n— The Wall Street Journal (@WSJ) June 14, 2022
(Last update 1:41am EST, June 14, 2022)
\\nPfizer closed at $47.91 after dropping by 4.12% ($2.06), its largest single-day drop since Jan 3.
\\nA study of Pfizer's graph shows key levels to watch: Pfizer broke through the $48.13 support line and dropped 22 cents below it. Trend indicators show us that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $48.47, a low enough level to, generally, suggest that Pfizer is trading below its value.
\\nOverall, the technical analysis picture suggests Pfizer is neutral for the immediate future, with no clear-cut direction.
\\nThe company has a market cap of $268.82 billion 5 months ago the pharmaceuticals and biotechnology company has hit its yearly high point of $61.25, since than it lost 18.42%. So far in 2022, it has been outperforming the Dow Jones by 4.75%.
\\n\",\"\\n(Last update 1:46am EST, June 14, 2022)
\\nYesterday at a glance: after ending Friday at $237.38, McDonald's went up to $240.1 only to drop back, yet still traded well overall and closed at $238.47 yesterday. The trading volume was 4.70 million, which is above the daily average of 2.84 million.
\\nA study of McDonald's's graph shows key levels to watch: the nearest resistance level is at $252.21.
\\nMcDonald's is currently trading with a market cap of $176.36 billion 5 months ago the fast food company has hit its yearly high point of $269.69, since than it lost 12%. So far in 2022, it has been outperforming the Dow Jones by 4.92%.
\\n\",\"\\n(Last update 1:46am EST, June 14, 2022)
\\nBitcoin dropped to $21,034, hitting its lowest point in 1 year. It later recovered $1,916.49 and is now trading at $22,950.
\\nA study of Bitcoin's chart pattern shows the closest resistance level is at $28,920, followed by $31,346. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. According to momentum evaluation, the Relative Strength Index indicates Bitcoin is in an oversold condition, allowing for more gains. In contrast, Bitcoin's lower Bollinger band is at $24,673, indicating further gains might be next.
\\nIn general, examining the technical analysis landscape, it seems like a short-term reversal might be next for Bitcoin.
\\nBitcoin has a market cap of 437.59 billion Bitcoin has lost 5.33% over the last a day.
\\n\\n
\\n\\n\\n\\n\",\"\\nJPMorgan Readies Trillion Dollar Crypto Bazooka As Celsius Crisis Fuels Huge Bitcoin And Ethereum Price Crash—CryptoCodex https://t.co/LvLenMITEy
\\n— Forbes (@Forbes) June 14, 2022
(Last update 1:46am EST, June 14, 2022)
\\nCME Gold is down to $1,827.2 per ounce, after ending yesterday at $1,831.8. Overall, a 0.25% loss or $4.6 today.
\\nIn terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Asset volatility analysis shows that CME Gold has just crossed the lower Bollinger band at $1,827.74, indicating further loses might be next.
\\nOverall, looking at the technical analysis landscape, it seems Gold is likely to start pointing downward in the short term.
\\nCME Gold is now trading 11% below its yearly high ($2,058.3) that it held 3 months ago.
\\n\",\"\\n(Last update 1:46am EST, June 14, 2022)
\\nWest Texas crude trades at $121.79 per barrel, after ending yesterday at $121.89.
\\nAnalysis based on the asset volatility indicates that West Texas crude's upper Bollinger band is at $124.76, indicating a downward move might be next.
\\nOverall, technical indicators suggest WTI crude has no obvious direction for the immediate future.
\\nWTI crude has gained 64.45% over the last 5 months.
\\n\",\"\\n(Last update 1:46am EST, June 14, 2022)
\\nThe Euro trades at 1.0431 after gaining 22 pips (0.22%).
\\nThe Euro's graph levels to watch: the nearest resistance level is at 1.0778. In terms of trend indicators, we can see that the MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Asset volatility analysis shows that the Euro's lower Bollinger band is at 1.0434, indicating further gains might be next. On the other hand, note that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.
\\nEven though the Euro went up today, technical analysis indicates that the Euro might continue its recent downtrend in the short term.
\\nThe year 2022 has not been the best for Euro-Dollar, it lost 8.43% of its value.
\\n\",\"\\n(Last update 2:11am EST, June 14, 2022)
\\nGBP/USD dropped to 1.2122, hitting its lowest point in 2 years. It later recovered 59 pips and is now trading at 1.2181.
\\nA chart visual study suggests the British Pound could be slowing down soon; it is getting close to the resistance line and is now at 1.22, only 17 pips away. Crossing the resistance line could, however, suggest that further gains are ahead. Trend indicators show us that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. On the other hand, note that the Pound's lower Bollinger band is at 1.2184, indicating further gains might be next.
\\nIn general, examining the technical analysis landscape, it seems like a short-term reversal might be next for the Pound.
\\nThe British Pound has lost 7% over the last 2 months.
\\n\",\"\\n(Last update 2:11am EST, June 14, 2022)
\\nDollar/Yen lost 19 pips and now trades at 134.63, following an impressive jump to 134.83 yesterday for the first time since Jun 9.
\\nVisual analysis of Dollar/Yen's price graph shows Dollar/Yen's immediate resistance is around 134.71 and its nearest support level is at 126.88. Trend indicators show us that at 134.39, Dollar/Yen made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. Momentum evaluation shows that the Relative Strength Index indicates Dollar/Yen is in an overbought condition, keep an eye out for slowdown of gains. Despite this, the MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Yen likely to continue pointing upward in the short term.
\\nDollar/Yen has gained 14.57% over the last 2 months.
\\n\",\"\\n(Last update 2:11am EST, June 14, 2022)
\\nDollar-Swiss slides down from 0.9971 to 0.996 today, losing 10 pips (0.1%).
\\nA chart visual study suggests Dollar-Swiss's nearest support level is at 0.957. In terms of trend indicators, we can see that the MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows that the Relative Strength Index indicates Dollar-Swiss is in an overbought condition. Asset volatility analysis shows that Dollar-Swiss's upper Bollinger band at 0.9974, indicating a further downward move might be next.
\\nAll in all, while Dollar-Swiss has been going up, technical indicators suggest flatness for the immediate future.
\\nDollar-Swiss has gained 6.72% over the last 2 months.
\\n\",\"\\n(Last update 2:11am EST, June 14, 2022)
\\nAussie-Dollar is rallying again to 0.6961 (up 36 pips), after erasing earlier gains.
\\nAn analysis of the Australian dollar's chart suggests the nearest resistance level is at 0.7265. Trend indicators show us that the MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Asset volatility analysis shows that Aussie-Dollar's lower Bollinger band is at 0.6926, indicating further gains might be next. In contrast, the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.
\\nOverall, looking at the technical analysis landscape, it seems the Australian dollar likely to continue pointing upward in the short term.
\\nAussie-Dollar has lost 4.93% over the last 2 months.
\\n\\n\"],\"title\":\"Financial Markets Review – 14 June 2022 – 02:11:25\",\"date\":\"2022-06-14T06:11:25\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }