Meta, Microsoft Power Wall Street To New Records Despite Inflation Jump: What's Moving Markets Thursday?
Market Performance: Meta Platforms and Microsoft saw significant stock surges after strong earnings reports, contributing to record highs for major tech indices like the S&P 500 and Nasdaq 100, despite rising inflation data.
Economic Indicators: The Personal Consumption Expenditures price index exceeded forecasts, influencing traders' expectations regarding potential interest rate cuts by the Federal Reserve, while President Trump announced new tariffs on South Korean imports.
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Technical Analysis for K
Technical Sentiment Analysis for Sidekick (K) As of , Sidekick (K) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for K stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, K is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sidekick (K) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00137 | 0.00223 | 0.00279 | 0.00365 | 0.00421 | 0.00507 | 0.00563 |
| Fibonacci | 0.00223 | 0.00277 | 0.0031 | 0.00365 | 0.00419 | 0.00452 | 0.00507 |
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