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Stocktwits Chart Art: December 27, 2024
The best charts and trade ideas from the day.
STOCKTWITS CHART ART: DECEMBER 27, 2024
The Stocktwits Summary 📝
All major indices closed in the red today on light trading volume, dragged down by losses in big tech. Bitcoin held steady above $94,000 as markets struggled for direction. With just three trading days left in 2024, the chances of a Santa Rally are fading.
Here’s how the major indices ended the day:
Index | ST Sentiment Score | ST Message Volume |
---|---|---|
$SPY (-1.06%) | Bullish (78) | High (57) |
$QQQ (-1.33%) | Bullish (68) | Normal (53) |
$IWM (-1.48%) | Bullish (72) | Normal (49) |
$DIA (-0.74%) | Bullish (70) | Normal (47) |
*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
Key 50-Day Moving Average Retest For Grab Holdings 📊
A fan favorite by many, Grab Holdings has pulled back into it’s 50 day after showing strength and breaking out of a recent range back in November.
Grab currently boasts a market cap of $19 billion and an enterprise value of just over $13 billion, leading some to consider it "cheap" at these levels. Are you interested in $GRAB? Stocktwits user @ATMcharts certainly is.
PRESENTED BY STOCKTWITS
The Weekend Rip With Ben & Emil 🎁
In the final episode of 2024, Ben and Emil wrap up another wild year on Stocktwits, the biggest retail investor and trader trends, the market’s top performers, and predictions for 2025 that you don’t want to miss! 🤩