The following symbols selected from the Weekly Continuing Power-Up list have shown additional strength in today’s trading:
ABBV, ACGL, ADSK, AKAM, APH, APO, ASML, AXP, CDNS, CEG, CNI, CP, CPRT, CRH, CRWD, DKS, ECL, EMR, ETN, EXPE, FNGU, GD, GDDY, HD, HLT, HWM, IR, MAR, MAS, MDB, NOW, NVDA, ORCL, PBF, PCAR, PRU, QRVO, SHOP, SHW, SPG, SPGI, STLD, TSM, TTWO, TXT, XPO.
These alerts have passed the following bullish strengthening criteria specifically for stocks outside the S&P500:
Monthly – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish long-term)
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish medium-term)
Daily – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish short-term)
Daily – The price is greater than the Kujun line or has just crossed it – bullish move on the daily chart
Price of the symbol is greater than $50 – increasing the possibility that institutions could be interested in owning the stock
Average trading volume at least 1,000,000 per day over the last 50 days – ensuring a liquid market and close bid/ask prices
These alerts have passed the following bullish strengthening criteria specifically for stocks included in the S&P500:
Monthly – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish long-term)
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish medium-term)
Daily – The lagging line (Chikou) is higher than the high from 26 weeks ago AND the price is above the Ichimoku cloud – (bullish short-term)
Daily – The price is greater than the Kujun line or has just crossed it – bullish move on the daily chart
These alerts have passed the following bullish criteria specifically for stocks included in the S&P500:
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago – (bullish long-term)
Daily – ADX is greater than 25 – (indicating an uptrend on the daily timeframe)
Any of the following on the daily chart:
These alerts have passed the following bullish criteria specifically for stocks NOT in the S&P500:
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago – (bullish long-term)
Daily – ADX is greater than 25 – (indicating an uptrend on the daily timeframe)
Daily – Average 50 day trading volume of at least 1,000,000 shares (keeps bid & ask close)
Price is greater than $50 (to make sure institutions can buy them)
Any of the following on the daily chart:
These alerts have passed the following bullish continuation criteria specifically for stocks NOT in the S&P500:
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago – (bullish long-term)
Weekly – Current price is above the cloud (bullish long-term)
Daily – The lagging line (Chikou) is higher than the high from 26 days ago
Daily – The current price is above the cloud
Daily – ADX is greater than 25 – (indicating an uptrend on the daily timeframe)
Daily – Average trading volume is above 1,000,000 shares/day
Daily – Price is greater than $50
Any of the following on the daily chart:
These alerts have passed the following bullish continuation criteria specifically for stocks included in the S&P500:
Weekly – The lagging line (Chikou) is higher than the high from 26 weeks ago – (bullish long-term)
Weekly – Current price is above the cloud (bullish long-term)
Daily – The lagging line (Chikou) is higher than the high from 26 days ago
Daily – The current price is above the cloud
Daily – ADX is greater than 25 – (indicating an uptrend on the daily timeframe)
Any of the following on the daily chart: