RE: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts
US Utilities stocks
I noted a few relatively notable moves upward https://www.stageanalysis.net/forum/Thre...1#pid19371.
I'm posting them here as it follows up that earlier post. However, none really grab me with the chart pattern or volume.
ATNI:
Breakout above 42. THe volume spike was on a drop down below the breakout level, a hammer. But the MA is still descending, so this really is in early stage 1 rather than the start of stage 2. RS has crossed the zero line. Maybe one to watch?
ATO:
Largish price increase but volume pattern does not look good:
EPD:
Breakout above 27 after an an earlier breakout. But the volume is not there:
LNT:
Just showing the price spike with a bit of volume. So its moving up after a pullback. No obvious Stage Analysis entry:
ORAN:
Thought this was telecoms, I think it may be in this group by error, however, a continuation, but volume poor.
Summary:
I thought I'd post there as there was a theme of a larger than normal price increase across a number of stocks. It is notable however that none have particularly attractive volume.