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  • Stocktwits Chart Art: August 30, 2024

Stocktwits Chart Art: August 30, 2024

The best charts and trade ideas from the day.

STOCKTWITS CHART ART: AUGUST 30, 2024
The Stocktwits Summary 📝

Sellers tried to take advantage of a slow day in the markets, but inflation data meeting expectations and strength from several big-cap tech names helped buyers close out the week (and month) in positive territory. 💪

Here’s how the major indexes ended the day:

Index

ST Sentiment Score

ST Message Volume

$SPY (+0.95%)

Neutral (45)

High (55)

$QQQ (+1.19%)

Neutral (51)

High (57)

$IWM (+0.58%)

Bullish (68)

Normal (49)

$DIA (+0.56%)

Bearish (44)

Normal (54)

*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
NYSE Composite Index Makes New Closing Highs 📈

Stocktwits user @HoneyStocks pointed out that the broad measure of U.S. publicly-traded securities closed August at a new all-time high, signaling continued strength from buyers despite the uptick in volatility.

Medical Device Maker Starts Next Leg Higher 🦿

State-Owned Energy Giant Jumps 🛢️

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