Summary:
- Volatility is at a recent 2 week low. A recent low volatility of stock movement within a box range could trigger break through when activities pick up.
- A moving average of short volume ratio is at a recent 2 week low. A lower short volume ratio could be a bullish signal.
- MACD is crossing MACD signal line at 0.5. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stock news
On Monday, shares of Nikola (NASDAQ:NKLA) saw unusual options activity. After the option alert, the stock price moved up to $20.79. * Sentiment: BULLISH * Option Type: SWEEP * Trade Type: CALL * Expiration Date: 2021-02-05 * Strike Price: $22.50 * Volume: 602 * Open Interest: 182Three Ways Options Activity Is 'Unusual'One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the nu...
SPACulation Part 2
For a while last year it was fun to trade Tesla (NASDAQ:TSLA) stock indirectly using Nio (NYSE:NIO). They often moved in lock-step which made it a cheap way of trading Tesla. Nio is a rising star in the fleet of electric vehicle (EV) manufacturers who are trying to topple internal combustion engines (ICE), the transportation method of choice since the commercialization of cars. Though we’ve had EVs since the 1880’s, they failed to gain popularity until now. Tesla’s mind-boggling ramp on Wall Str...
Tesla has a new Street high price target. Oppenheimer analyst Colin Rusch more than doubled his price target on the stock to $1,036 from $486.
Nio stock jumped after the Chinese EV maker unveiled its first long-battery-life electric car in January. But is the stock a buy now?
TuSimple, a global self-driving technology company, announced today the members of its newly established Executive Advisory Board including Jeff Denham, Eric Fuller, Steve Girsky, Jim Kolbe, Derek Leathers, Mark Rourke, and Jean-Jacques Ruest. TuSimple's Executive Advisory Board will provide strategic advice to the company and its senior management team to accelerate the adoption of autonomous long-haul freight in areas including regulation, technology, freight logistics, and leadership.
Yahoo Finance's Alexis Christoforous and Dan Howley discuss Microsoft's latest deal to get into the autonomous car space.
It’s another big day in the EV (electric vehicle) and AV (autonomous vehicle) space.
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today