Understanding the Bearish Signals in This Chipmaker's Stock Chart
PACF › Invesco Senior Loan ETF (PACF:BKLN)
Equity
Home Depot, Inc. (The) (HD) +55
4 hours ago
Trading up +0.2400 (+0.07%) at 341.2000. Sidelines Mode (+55) - HD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Inspire Veterinary Partners, Inc. (IVP) -100
4 hours ago
Trading down -0.59 (-18.27%) at 2.64. Strong Downtrend (-100) - IVP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IVP continues to fall. Traders should use caution and set stops.
Index
S&P Composite 1500 Automobiles & Components (Industry Group) (SP1500-2510) +70
2 hours, 48 minutes ago
Trading up +2.90 (+2.41%) at 123.03. Bull Market Weakness (+75) - SP1500-2510 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-2510 as it may be in the beginning stages of a reversal.
S&P Composite 1500 Transportation (Industry Group) (SP1500-2030) -85
2 hours, 48 minutes ago
Trading down -8.22 (-0.75%) at 1092.49. Countertrend Down (-85) - SP1500-2030 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Foreign Exchange
Euro/Yemeni Rials (EURYER) +50
8 hours ago
Trading unchanged at 270.93401. Sidelines Mode (+50) - EURYER is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURYER can gain momentum.
Turkish Lira/Russian Ruble (TRYRUB) -90
this minute
Trading down -0.0113190 (-0.40%) at 2.8285820. Long-Term Downtrend (-90) - TRYRUB is in a strong downtrend that is likely to continue. While TRYRUB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Mutual Fund
VOYA GROWTH AND INCOME PORTFOLIO SERVICE (ISVGX) +75
1 hour, 45 minutes ago
Trading up +0.09 (+0.44%) at 20.54. Bull Market Weakness (+75) - ISVGX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ISVGX as it may be in the beginning stages of a reversal.
VICTORY TAX EXEMPT MONEY MARKET FUND SHARES (USEXX) -100
1 hour, 45 minutes ago
Trading unchanged at 2.75. Strong Downtrend (-100) - USEXX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USEXX continues to fall. Traders should use caution and set stops.