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Stocktwits Chart Art: August 27, 2024
The best charts and trade ideas from the day.
Tom Bruni
August 27, 2024
STOCKTWITS CHART ART: AUGUST 27, 2024
The Stocktwits Summary 📝
It was a mixed market today as the world awaits the most important earnings report of the quarter, Nvidia, which is happening live tomorrow after the bell. Meanwhile, several other tech giants are showing some interesting relative weakness, which several Stocktwits users pointed to below. 🤔
Here’s how the major indexes ended the day:
Index | ST Sentiment Score | ST Message Volume |
|---|---|---|
$SPY (+0.14%) | Bullish (60) | Normal (48) |
$QQQ (+0.30%) | Bullish (60) | Normal (48) |
$IWM (-0.78%) | Bullish (85) | Normal (51) |
$DIA (+0.04%) | Bullish (56) | Normal (53) |
*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
SharkNinja Nears A Jump To New Highs 🥷
The best charts speak for themselves, which is why I’ll let Stocktwits user @evanmedeiros’ chart do all the talking here. He highlighted a solid setup in a stock showing great relative strength and earnings not until November. Rest assured, this is one traders are keeping on their radar for continuation.
$NOW Nears New All-Time Highs 😮
Casey’s General Stores Can’t Be Stopped 🍕
