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- Stocktwits Chart Art: August 09, 2024
Stocktwits Chart Art: August 09, 2024
The best charts and trade ideas from the day.
STOCKTWITS CHART ART: AUGUST 09, 2024
The Stocktwits Summary 📝
The major indexes closed mixed on the week, but bulls will take a nearly flat close after the recent volatility. Still, Stocktwits users remain cautious, with sentiment for three of the four major indexes closing in ‘bearish’ territory. 🥲
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
---|---|---|
$SPY (+0.44%) | Bearish (43) | Normal (53) |
$QQQ (+0.52%) | Neutral (50) | Normal (51) |
$IWM (-0.21%) | Bearish (38) | Low (42) |
$DIA (+0.16%) | Bearish (44) | Normal (44) |
*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.
And here were Stocktwits’ top Trending symbols:
CHART OF THE DAY
The Trade Desk Attempts Another Breakout 😮
Stocktwits user @FlynancialAnalyst pointed out that The Trade Desk is perking up again after earnings and pushing up against long-term resistance near $100.
Stocks like this, showing relative strength amid a long-term uptrend, are likely to remain on investors’ radars as they look for growth opportunities with clear risk/reward opportunities in this higher-volatility environment. 👀