6 Stocks Breakout a Key Moving Average Today

Inside this analysis you can find the companies that showed the Moving Averages Breakouts Chart Patterns appeared today:

  • Simple Moving Average 50-day BREAKOUT
  • Simple Moving Average 200-day BREAKOUT

None of the patterns below guarantee success because there may be false breakouts. The purpose of this analysis is purely informative.


Simple Moving Averages (50/200-day) Positive BREAKOUT

A simple moving average is formed by the average of the prices recorded in a series of previous sessions. If the price is above a 50 (red line) or 200 (black line) period moving average, it means that the stock is a positive trend. Therefore, when the price rises above one of the 2 moving averages it is possible that a positive trend will start.

Home Depot Inc (HD)

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers. 

Valero Energy Corp (VLO)

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing company in the United States, Canada, the United Kingdom, Ireland, and internationally.

Pfizer Inc (PFE)

Pfizer Inc. develops, manufactures, and sells healthcare products worldwide.


Simple Moving Averages (50/200-day) Negative BREAKOUT

A simple moving average is formed by the average of the prices recorded in a series of previous sessions. If the price is below a 50 (red line) or 200 (black line) moving average, it means that the stock is a negative trend. Therefore, when price falls below one of the 2 moving averages it is possible that a negative trend will start.

Walgreens Boots Alliance Inc (WBA)

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale.

Nucor Corp (NUE)

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. 

Ebay Inc (EBAY)

eBay Inc. operates commerce platforms connecting various buyers and sellers worldwide.


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This analysis shows the Moving Averages Breakouts of the Day. If you are interested in other Breakout Chart Patterns of the day (Resistance, Support and Trend-Line) I’ll wait here.

If you are interested in a overall analysis of companies taking into account different types of data (including business growth, analysts expectations and transactions by Hedge Funds / Insiders), summarizing all information in a score, I’ m waiting for you here for my Score-Card analysis.



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Source:

*Charts by tradingview.com

*Company information from finance.yahoo.com


DISCLAIMER: The information in this blog post represents my own analysis/opinions and does not contain a recommendation for any particular security or investment. Stocks trading involves substantial risk of loss and is not suitable for every investor. Trade responsibly.

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