US Stocks approximately even on Wednesday

Nasdaq Combined Composite Index moved more or less horizontally on Wednesday and closed at 18966 points (-0.1 percent).

3355 shares were up and 3669 were down, while 281 remained unchanged, and there was no trading in 246 shares.

Total value of the trading volume for shares and primary capital certificates Wednesday was approximately 622.1 billion.

Target fell sharply to close at 122 dollar, down 22.0 percent. The stock has never lost more in one day since May 18. 2022, when it was down 24.9 percent. It was also very high volume. Overall it was traded for 7858 millions dollar in the stock, which is 16 times as much as normal daily turnover. Nor does it look good technically. The stock is trend wise negative in the medium term and a further decline is indicated.
MicroStrategy A rose sharply to close at 474 dollar, up 10.1 percent. The stock has now closed up for the fourth day in a row and this past month the stock has gained as much as 116.3 percent. Technically it also looks good. The stock is trend wise positive in the medium term, has support at 180 dollar and a further increase is indicated.
Monolithic Power Systems was down 4.4 percent to close at 560 dollar. The stock thereby broke the earlier bottom it set Jan 4 and reached a new year-low. The stock has thereby closed down nine out of the past ten days. The stock is with that down 30.5 percent after the sell signal from the double top formation three weeks ago.
Quantum Computing closed at 3.68 dollar after a huge gain of 44.9 percent. This past week the stock has gained as much as 38.3 percent. Technically it also looks good. The stock has support at 1.23 dollar.
IonQ gained 3.5 percent to 28.86 dollar. This past month the stock has gained as much as 95.5 percent. It also looks good technically. The stock has support at 14.80 dollar.

Winners Wednesday

LuxUrban Hotels5309.25%
Jeffs Brands1360.00%
Forte Biosciences128.69%
Quantum-Si A119.59%
Exicure92.27%

Losers Wednesday

QMMM-43.94%
X3 Holdings-37.89%
Lineage Cell Therapeutics-28.99%
Next Technology-27.27%
Volato Group-27.07%

Most traded Wednesday

NVIDIA45207.18
MicroStrategy A33268.85
SPDR S&P 500 ETF29544.24
Tesla22690.49
Powershares QQQ14876.47
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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