\\n

\\n\",\"\\n

Amazon withdraws to $2,995.66 (down 1.85%) after ending the last session at $3,052

\\n

(Last update 11:31am EST, February 22, 2022)

\\n

\\n

After a mostly steady session, Jeff Bezos’s company loses 1.85% and trades at $2,995.66.

\\n

Visual analysis of Amazon's price graph shows Amazon's nearest support level is at $2,777. In terms of trend indicators, we can see that at $3,016.56, Amazon made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.

\\n

Overall, looking at the technical analysis landscape, it seems Amazon is likely to start pointing downward in the short term.

\\n

Amazon has a market cap of $1.52 trillion the tech and retail multifaceted giant has lost 10.45% this year. So far, it has been outperforming the Nasdaq​ by 6.41%.

\\n

\\n
\\n

User reports indicate Amazon Web Services is having problems since 9:32 AM EST. https://t.co/gtjcTxuBcO RT if you're also having problems #AmazonWebServicesdown

\\n

— Downdetector (@downdetector) February 22, 2022

\\n

\\n

\\n\",\"\\n

Microsoft down 0.32%, closing at $287, for its 4th straight negative day

\\n

(Last update 11:41am EST, February 22, 2022)

\\n

\\n

Currently light red but with no clear-cut direction, the iconic OS developer is trading at $287 after ranging between $291.52 and $284.5 today.

\\n

Microsoft chart analysis: Microsoft's immediate support is around $284.87, its resistance level is at $288.49. In terms of trend indicators, we can see that the MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $284.76, a low enough level to (usually) suggest that Microsoft is trading below its value. Despite this, the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.

\\n

Technical analysis indicates that Microsoft's current downtrend might soon change course and start climbing up in the short term.

\\n

Microsoft has a market cap of $2.15 trillion the software giant decreased by 14% this year. So far, it has been outperforming the Nasdaq​ by 2.87%.

\\n

\\n
\\n

U.S. Bancorp is doubling down on its growing digital-banking operations by partnering with Microsoft to improve offerings over the internet and on mobile apps https://t.co/e1hxddPO3e

\\n

— Bloomberg (@business) February 22, 2022

\\n

\\n

\\n\",\"\\n

Google goes down to $2,591.22 (down 0.69%) after ending the last session at $2,609.35

\\n

(Last update 11:41am EST, February 22, 2022)

\\n

\\n

Currently light red but with no clear-cut direction, the leading search engine company is trading at $2,591.22 after ranging between $2,638 and $2,585.8 today.

\\n

Important graph levels to look out for: Google might start to recover soon because it is getting close to its support line— now only $56.51 away at $2,534.71. Dipping below could be an indication that further losses are ahead.

\\n

Technical analysis indicates that Google (currently on a downtrend) might reverse course and start pointing upward in the short term.

\\n

Google is currently trading with a market cap of $1.71 trillion the leading search engine company has lost 10.07% this year. So far, it has been outperforming the Nasdaq​ by 6.79%.

\\n\",\"\\n

Tesla falls to $820.44 (down 4.26%) after ending the last session at $857

\\n

(Last update 11:41am EST, February 22, 2022)

\\n

\\n

The trendy electric cars company drops 4.26% early on and remains at $820.44 range.

\\n

In terms of trend indicators, we can see that at $829.27, Tesla made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. Medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. The CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Asset volatility analysis shows that Tesla has just crossed the lower Bollinger band at $824.1, indicating further loses might be next.

\\n

Overall, looking at the technical analysis landscape, it seems further drawback may be next for Tesla.

\\n

Tesla is currently trading with a market cap of $847.93 billion the trendy electric cars company decreased by 28.57% this year. So far, it has been under-performing the Nasdaq​ by 11.71%.

\\n\",\"\\n

Change of direction? After three days of going down, Zoom up 0.77% today

\\n

(Last update 11:41am EST, February 22, 2022)

\\n

\\n

The video communications platform provider trades at $127.94 today, after closing Friday at $126.96 and gaining 98 cents (0.77%).

\\n

Zoom is scheduled to announce earnings results Tuesday. The consensus Earnings Per Share estimate is 1.07 and the consensus revenue estimate is $1 billion.

\\n

A chart visual study suggests although Zoom is green today and was as high as $129.72, it seems to be slowing down slightly and moving away from the $137.94 resistance line, and is now $10 below it. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. On the other hand, note that Zoom's lower Bollinger band is at $126.89, indicating further gains might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a positive reverse of course (in the short term) might be next for Zoom.

\\n

Zoom has a market cap of $38.13 billion the video communications platform provider has lost 31.1% this year. So far, it has been under-performing the Nasdaq​ by 14.24%.

\\n\",\"\\n

Netflix descends to $380.4 (down 2.78%) after ending the last session at $391.29

\\n

(Last update 11:41am EST, February 22, 2022)

\\n

\\n

The streaming heavyweight slides down from $391.29 to $380.4, losing $10.89 (2.78%).

\\n

Visual analysis of Netflix's price graph shows Netflix's nearest support level is at $359.7.

\\n

Netflix is currently trading with a market cap of $168.88 billion the streaming heavyweight has gone down 34.5% this year. So far, it has been under-performing the Nasdaq​ by 17.64%.

\\n\",\"\\n

Walmart slides down to $137 (down 0.72%) after ending the last session at $138

\\n

(Last update 12:01pm EST, February 22, 2022)

\\n

\\n

The discount department and warehouse stores chain slides down from $138 to $137, losing $1 (0.72%).

\\n

Walmart is down despite the fact that on Thursday the company released its quarterly earnings, beating analysts estimates. The company reported earnings of 1.53 per share on revenue of $152.87 billion, topping estimates of 1.49 per share on revenue of $151.74 billion.

\\n

A chart visual study suggests Walmart might start to recover soon because it is getting close to its support line— now only $1.25 away at $135.75. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading Walmart peaked above the $137.73 21 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

Overall, looking at the technical analysis landscape, it seems Walmart might start pointing upward in the short term.

\\n

Walmart is currently trading with a market cap of $380 billion the warehouse stores chain company decreased by 4.6% this year. So far, it has been outperforming the Dow​ by 2.75%.

\\n

\\n
\\n

Walmart is bringing fashion-forward apparel to more stores as it pushes beyond socks and other basics. The retailer is debuting its first spring collections from fashion designer and Project Runway judge Brandon Maxwell. $WMT https://t.co/h91ilDzlNU

\\n

— Melissa Repko (@melissa_repko) February 22, 2022

\\n

\\n

\\n\",\"\\n

End of a rally? After five days of gains, Procter & Gamble is down 0.84% today

\\n

(Last update 12:01pm EST, February 22, 2022)

\\n

\\n

The consumer goods corporation remains in the $158.56 range today, after ending Friday at $159.9 and dropping 0.84%.

\\n

A study of Procter & Gamble's chart pattern shows Procter & Gamble might start to recover soon because it is getting close to its support line— now only $1.83 away at $156.73. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $158.46, Procter & Gamble made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend.

\\n

Overall, while Procter & Gamble has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

\\n

Procter & Gamble has a market cap of $380 billion the consumer goods corporation has lost 1.84% this year. So far, it has been outperforming the Dow​ by 5.51%.

\\n\",\"\\n

Walt Disney withdraws to $149.49 (down 1.24%) after ending the last session at $151.36

\\n

(Last update 12:01pm EST, February 22, 2022)

\\n

\\n

The entertainment giant slides down from $151.36 to $149.49, losing $1.87 (1.24%).

\\n

Walt Disney chart analysis: the nearest support level is at $133.6. In terms of trend indicators, we can see that at $149.46, Walt Disney made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend.

\\n

Overall, looking at the technical analysis landscape, it seems Walt Disney is likely to start pointing downward in the short term.

\\n

Walt Disney has a market cap of $272.17 billion the entertainment and content production company has lost 3.44% this year. So far, it has been outperforming the Dow Jones​ by 3.91%.

\\n\",\"\\n

Coca-Cola hits new all-time high at $62.63

\\n

(Last update 12:01pm EST, February 22, 2022)

\\n

\\n

After closing Friday at $62.54, Coca-Cola reached a record high of $62.63. Later, it lost 17.51 cents and is now trading at $62.46.

\\n

Important graph levels to look out for: Coca-Cola is climbing away and is now $1.07 from the $61.39 support line. In terms of trend indicators, we can see that at $61.85, Coca-Cola made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that Coca-Cola's upper Bollinger band is at $62.71, indicating a downward move might be next.

\\n

Overall, while Coca-Cola has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

\\n

Coca-Cola has a market cap of $270.14 billion the soft drinks giant has gained 5.46% this year. So far, it has been outperforming the Dow Jones​ by 12.81%.

\\n\",\"\\n

Losing streak continues: Pfizer lost 1.11% to $48 adding to its six days of drops

\\n

(Last update 12:01pm EST, February 22, 2022)

\\n

\\n

The pharmaceuticals and biotechnology company slides down from $48.53 to $48, losing 53 cents (1.11%).

\\n

Chart pattern study shows Pfizer's immediate support is around $47.98, its resistance level is at $51.54. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. According to momentum evaluation, the Relative Strength Index indicates Pfizer is in oversold condition, allowing more gains. On the other hand, note that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $47.81, a low enough level to (usually) suggest that Pfizer is trading below its value.

\\n

Overall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawbacks may be next for Pfizer.

\\n

Pfizer has a market cap of $269.36 billion the pharmaceuticals and biotechnology company decreased by 14.33% this year. So far, it has been under-performing the Dow​ by 7%.

\\n\",\"\\n

McDonald's up 1.57%, trading around $254.53

\\n

(Last update 12:06pm EST, February 22, 2022)

\\n

\\n

The fast food company gaining 1.57% and hovering at $254.53 level.

\\n

Chart pattern study shows the nearest resistance level is at $262.28. In terms of trend indicators, we can see that at $252.36, McDonald's made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend.

\\n

Overall, looking at the technical analysis landscape, it seems McDonald's might continue pointing upwards in the short term.

\\n

McDonald's has a market cap of $190.20 billion the fast food giant has lost 6.69% this year. So far, it has been outperforming the Dow​ by 0.66%.

\\n\",\"\\n

After ending the previous trading day at $37,117, Bitcoin increases to $37,700 (up $583.18)

\\n

(Last update 12:06pm EST, February 22, 2022)

\\n

\\n

After ending the previous trading day at $37,117, Bitcoin went up to $38,133 only to drop back; still positive overall today, now trading at $37,700.

\\n

Important graph levels to look out for: the nearest resistance level is at $44,300. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Asset volatility analysis shows that Bitcoin's lower Bollinger band is at $36,900, indicating further gains might be next.

\\n

Overall, the technical analysis picture suggests Bitcoin is neutral for the immediate future, with no clear-cut direction.

\\n

Bitcoin is currently trading with a market cap of 715.17 billion Bitcoin is having a rough year so far losing 22.17%.

\\n

\\n
\\n

Bitcoin has been sinking in the face of mounting Russia-Ukraine tensions. @Kr00ney reports. https://t.co/bqB5amkxXJ pic.twitter.com/i7edl4xssF

\\n

— CNBC (@CNBC) February 22, 2022

\\n

\\n

\\n\",\"\\n

Chicago Gold retraces $13.9 from 8 months high, trades at $1,904.4

\\n

(Last update 12:06pm EST, February 22, 2022)

\\n

\\n

CME Gold reached $1,918.3, breaking a 8 months record. Later, it lost $13.9 and is now trading at $1,904.4.

\\n

A study of CME Gold's chart pattern shows Gold's immediate resistance is around $1,914.77 and its nearest support level is at $1,848. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Chicago Gold dropped below the 3 day Simple Moving Average as it was trading at $1,902.57, usually an indication that a negative trend is ahead. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. According to momentum evaluation, the Relative Strength Index indicates U.S. Gold is in an overbought condition. Asset volatility analysis shows that CME Gold's upper Bollinger band is at $1,918.62, this is a slight indication of a slowdown.

\\n

Overall, while Chicago Gold has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

\\n

U.S. Gold has increased 5.84% this year.

\\n

\\n
\\n

#Gold may finally be making its long-awaited move higher!https://t.co/cBlXeVBZcy

\\n

— TheStreet (@TheStreet) February 22, 2022

\\n

\\n

\\n\",\"\\n

Crude oil retracted $2.88 from 7 years high and trades at $93.79

\\n

(Last update 12:06pm EST, February 22, 2022)

\\n

\\n

After hitting its highest point in 7 years at $96.66, Crude oil dropped by $2.88 and is now trading at $93.79.

\\n

Important graph levels to look out for: although Crude oil is down today and was as low as $92.84, it seems to be recovering slightly and climbing away from the $89.78 support line and is now $4 above it. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. On the other hand, note that Chicago Oil's upper Bollinger band at $95.31, indicating a further downward move might be next.

\\n

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions it seems Crude oil might reverse course and start pointing upward in the short term.

\\n

U.S. Oil increased this year, gaining 23.11%.

\\n

\\n
\\n

Stocks Fall, Oil Prices Surge After Putin Orders Troops Into Eastern Ukraine https://t.co/2E2KeLtZUc pic.twitter.com/vMdRIM2dmj

\\n

— Forbes (@Forbes) February 22, 2022

\\n

\\n

\\n\",\"\\n

Euro/Dollar rises to 1.1339

\\n

(Last update 12:06pm EST, February 22, 2022)

\\n

\\n

After ending the previous trading day at 1.1314, Euro/Dollar went up to 1.1367 only to drop back; still positive overall today, now trading at 1.1339.

\\n

Visual analysis of Euro/Dollar's price graph shows the Euro's nearest support level is at 1.1138. In terms of trend indicators, we can see that at 1.1337, the Euro made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the Euro's lower Bollinger band is at 1.1251, indicating further gains might be next.

\\n

Overall, looking at the technical analysis landscape, it seems the Euro might continue pointing upwards in the short term.

\\n

Euro/Dollar is having a rough year so far losing 0.51%.

\\n\",\"\\n

The British Pound holds at 1.3593

\\n

(Last update 12:11pm EST, February 22, 2022)

\\n

\\n

GBP/USD crashes after losing 10 pips, breaking down to 1.3593.

\\n

A chart visual study suggests the nearest support level is at 1.3378, while the closest resistance is at 1.3711. In terms of trend indicators, we can see that at 1.3545, the British Pound made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the British Pound's upper Bollinger band at 1.3618, indicating a further downward move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems Pound/Dollar is likely to continue pointing down in the short term.

\\n

The British Pound has gone up 0.56% this year.

\\n\",\"\\n

Dollar/Yen moves up to 114.96 up 21 pips

\\n

(Last update 12:11pm EST, February 22, 2022)

\\n

\\n

After ending the previous trading day at 114.74, Dollar/Yen went up to 115.24 only to drop back; still positive overall today, now trading at 114.96.

\\n

A study of Dollar/Yen's graph shows key levels to watch: Dollar/Yen could be slowing down soon as it approaches resistance at 116. Of course, crossing it might suggest further gains are ahead. Asset volatility analysis shows that Dollar/Yen's upper Bollinger band is at 115.97, this is a slight indication of a slowdown. On the other hand, note that at 115, Dollar/Yen made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend.

\\n

Overall, looking at the technical analysis landscape, it seems a positive reverse of course (in the short term) might be next for Dollar/Yen.

\\n

Dollar/Yen has decreased 0.28% this year.

\\n

\\n
\\n

From @Breakingviews: ValueAct is publicly chiding Seven & i’s structure and governance. What happens next could either be a jumbo jolt for Japan Inc. or a testament to how supine the country’s shareholders remain, says @JennHughes13 https://t.co/xQ1suO5gyE pic.twitter.com/82lDIyMYM0

\\n

— Reuters Business (@ReutersBiz) February 22, 2022

\\n

\\n

\\n\",\"\\n

Dollar/Swiss increases to 0.9206 after closing the previous session at 0.916 (up 0.5% today)

\\n

(Last update 12:11pm EST, February 22, 2022)

\\n

\\n

Dollar/Swiss trades at 0.9206 after gaining 46 pips (0.5%).

\\n

A chart visual study suggests although Dollar/Swiss is green today and was as high as 0.9228, it seems to be slowing down slightly and moving away from the 0.9309 resistance line, and is now 103 pips below it. Asset volatility analysis shows that Dollar/Swiss's upper Bollinger band is at 0.9282, this is a slight indication of a slowdown. In contrast, at 0.92, Dollar/Swiss made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend.

\\n

Overall, looking at the technical analysis landscape, it seems a positive reverse of course (in the short term) might be next for Dollar/Swiss.

\\n

Dollar/Swiss increased this year, gaining 0.45%.

\\n\",\"\\n

Aussie/Dollar increases to 0.7225 (a 0.49% gain)

\\n

(Last update 12:11pm EST, February 22, 2022)

\\n

\\n

The Australian dollar trades at 0.7225 after gaining 35 pips (0.49%).

\\n

Important graph levels to look out for: Aussie/Dollar's nearest support level is at 0.6967. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that Aussie/Dollar's upper Bollinger band is at 0.7228, this is a slight indication of a slowdown.

\\n

Overall, while the Australian dollar has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

\\n

The Australian dollar is having a rough year so far losing 0.94%.

\\n\\n\"],\"title\":\"Financial Markets Review – 22 February 2022 – 12:11:23\",\"date\":\"2022-02-22T17:11:23\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }