Latest news with #MovingAverageConvergenceDivergence
Business Insider
2 days ago
- Business
- Business Insider
Is Archer Aviation (ACHR) a Buy Ahead of Q2 Earnings?
Archer Aviation (ACHR), a maker of electric vertical takeoff and landing (eVTOL) aircraft, is scheduled to report its Q2 2025 earnings on Monday, August 11, after market close. Its stock has jumped 156% over the past year, helped by global deals and strong interest in electric flying taxis. However, the company still remains a pre-commercial, pre-revenue enterprise, making it a speculative bet. As a result, analysts remain moderately bullish on ACHR stock ahead of Q2 earnings. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. What to Watch on August 11 Wall Street analysts expect ACHR to report a loss per share of $0.25 for Q2 compared to a loss of $0.32 in the same quarter last year. Meanwhile, analysts project Q2 revenues at $200.00K, according to the TipRanks Analyst Forecasts Page. Investors will watch how much money Archer is spending, how far it is from getting flight approval, and whether there are any updates on when commercial aircraft deliveries will begin. Analyst's Take Ahead of Q2 JPMorgan's analyst Bill Peterson recently raised his price target on Archer Aviation from $9 to $10 but kept a Neutral rating. He noted the growing excitement around the eVTOL sector but called it 'irrational exuberance.' Peterson said the recent executive order from the Trump administration shows long-term government support for the industry, but it likely won't affect earnings outlook in the near term. He also pointed to ongoing cash burn and possible delays in generating revenue as key risks. Technical Indicators Suggest 'Neutral' Technically, the stock is sending mixed signals. The Moving Average Convergence Divergence (MACD) indicator, which helps understand momentum and potential price changes, suggests that Archer is a Buy. However, the 20-day and 50-day exponential moving averages suggest otherwise. Both are above the current price, indicating a Sell. Overall technical sentiment is Neutral. Is Archer Aviation Stock a Good Buy? Overall, Wall Street has a Moderate Buy consensus rating on ACHR stock, based on four Buys and two Holds assigned in the last three months. The average ACHR price target of $11.92 implies about 21.02% upside potential from current levels.
CNBC
4 days ago
- Business
- CNBC
Trading a bullish momentum shift in American Express shares with options
Despite delivering a solid earnings beat, American Express (AXP) has slid 9% over the past month. On July 18, the company reported stronger-than-expected EPS and revenue, outperforming analyst estimates across the board. The stock initially began to recover after the report, but got caught up in the broader market sell-off triggered by Friday's disappointing labor data and the downward revisions to May and June jobs numbers. That said, Monday's bounce didn't look like your typical dead cat rally — and many names, including AXP, are showing signs of real strength as the market shakes off that knee-jerk reaction. All of this sets up a potentially attractive trade opportunity in AXP. While I already have a bullish bias based on fundamentals, I'm looking to validate the setup using three key technical indicators. A quick glance at AXP's six-month daily chart reveals several signs that the stock may be ready to reverse course and push higher. RSI (relative strength index) The ever-reliable RSI is one of the simplest tools in a trader's arsenal — offering insight not just into a trend's strength, but also into potential turning points. While the longer-term RSI trend on AXP still points downward, we're now seeing a noticeable uptick. It's not a full reversal signal just yet, but it's enough to put the stock on the radar and look for confirmation from other indicators before pulling the trigger. Directional movement index (DMI) The directional movement index (DMI) is made up of three parts: DI+ (green), DI– (red), and the ADX (blue), which gauges the strength of the trend. When DI– sits above DI+, it typically confirms that bears are in control. But when those lines begin to reverse — with DI+ climbing and DI– tapering off — it often hints that the momentum is starting to shift. That's exactly what's unfolding on the AXP chart right now. DI+ is gradually gaining ground while DI– is losing steam, suggesting that the recent selling pressure may be easing and buyers could be stepping back in. MACD (final confirmation) The MACD (Moving Average Convergence Divergence) is a go-to tool for identifying trend reversals. I'm using a fast MACD for this trade with settings (5, 13, 5). This version of MACD is valuable in finding trade setups. In the chart below, the MACD line (blue) and the signal line (yellow) are inching closer. I've marked previous instances where a bullish crossover — when the blue line moves above the yellow — successfully signaled a shift in trend. As for AXP, that crossover hasn't happened yet, so this setup is still in wait-and-see mode for now. I cover many of these setups in my book "Mean Reversion Trading" and provide further insights and resources on my website The trade setup: AXP 295-300 bull call spread To take a bullish trade on AXP, I'm using a trade structure called a "bull call spread." With AXP trading at $297, I would want to buy a $295 call and sell a $300 call as a single unit. However, since we are waiting for the MACD crossover, that would mean by the time the confirmation comes from MACD, the stock will likely be trading higher. If the stock is trading around $302 when the confirmation, comes I would construct a 300-305 call spread instead. If AXP moves just a few dollars up from here and the stock price is at or above my short strike by expiration, this trade will yield a 100% ROI on capital risked. With 10 contracts, this equates to risking $2,500 to potentially gain $2,500. Here is my exact trade setup: Buy $295 call, Aug. 29 expiry Sell $173005 call, Aug. 29 expiry Cost: $250 Potential Profit: $250 -Nishant Pant Founder: Author: Mean Reversion Trading YouTube, X: @TheMeanTrader DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
Economic Times
5 days ago
- Business
- Economic Times
Kaynes Technology shares in focus as unit inks Rs 4,995 crore investment MoU with Tamil Nadu
Kaynes Technology's shares are in focus after its subsidiary signed an MoU with the Tamil Nadu government for a Rs 4,995 crore investment to set up new manufacturing units. This comes alongside strong Q1 results, with profit up 47% and EBITDA surging 68%. Despite a YTD decline, technical indicators suggest continued bullish momentum for the stock. Tired of too many ads? Remove Ads Q1 Earnings Tired of too many ads? Remove Ads Stock Performance and Technical Outlook Shares of Kaynes Technology are set to be in focus on Tuesday after its wholly owned subsidiary signed a non-binding Memorandum of Understanding (MoU) with the Government of Tamil Nadu for a proposed investment of Rs 4,995 crore over six years to set up new manufacturing facilities in the electronics component maker said on Monday that the investment, to be undertaken by Kaynes Circuits India Private Limited , will include greenfield projects and capacity expansions. The state government will facilitate discussions around financial incentives, industrial policies, and structured assistance a stock exchange filing, Kaynes Technology said the Tamil Nadu government, through its nodal agency Guidance, has "agreed to extend necessary support in terms of infrastructure facilitation and regulatory clearances in accordance with applicable laws and policies."The announcement comes on the heels of strong first-quarter earnings. Net profit for the three months ended June rose 47% year-on-year to Rs 74.6 crore. EBITDA also rose sharply by 68% to Rs 113 crore in Q1 improved to 16.7%, up from 13.3% in the same period last year, reflecting better operational efficiency. Revenue for the June 2025 quarter stood at Rs 673.4 crore, marking a 33.6% year-on-year of Kaynes Technology ended Monday's session down 1.15% at Rs 6,297.00 on the BSE. The stock is down 17% so far in 2025 but remains up 9% over the past three the stock is trading above all its key simple moving averages (from 5-day to 200-day), indicating bullish momentum across short- to long-term time frames. The Relative Strength Index (RSI) stands at 62.9, suggesting the stock is neither overbought nor oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) is at 38.6, staying above both the center and signal lines, another sign supporting continued bullish sentiment.
Time of India
5 days ago
- Business
- Time of India
Kaynes Technology shares in focus as unit inks Rs 4,995 crore investment MoU with Tamil Nadu
Q1 Earnings Live Events Stock Performance and Technical Outlook (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Kaynes Technology are set to be in focus on Tuesday after its wholly owned subsidiary signed a non-binding Memorandum of Understanding (MoU) with the Government of Tamil Nadu for a proposed investment of Rs 4,995 crore over six years to set up new manufacturing facilities in the electronics component maker said on Monday that the investment, to be undertaken by Kaynes Circuits India Private Limited , will include greenfield projects and capacity expansions. The state government will facilitate discussions around financial incentives, industrial policies, and structured assistance a stock exchange filing, Kaynes Technology said the Tamil Nadu government, through its nodal agency Guidance, has "agreed to extend necessary support in terms of infrastructure facilitation and regulatory clearances in accordance with applicable laws and policies."The announcement comes on the heels of strong first-quarter earnings. Net profit for the three months ended June rose 47% year-on-year to Rs 74.6 crore. EBITDA also rose sharply by 68% to Rs 113 crore in Q1 improved to 16.7%, up from 13.3% in the same period last year, reflecting better operational efficiency. Revenue for the June 2025 quarter stood at Rs 673.4 crore, marking a 33.6% year-on-year of Kaynes Technology ended Monday's session down 1.15% at Rs 6,297.00 on the BSE. The stock is down 17% so far in 2025 but remains up 9% over the past three the stock is trading above all its key simple moving averages (from 5-day to 200-day), indicating bullish momentum across short- to long-term time frames. The Relative Strength Index (RSI) stands at 62.9, suggesting the stock is neither overbought nor oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) is at 38.6, staying above both the center and signal lines, another sign supporting continued bullish sentiment.
Business Insider
01-08-2025
- Business
- Business Insider
Reddit Stock (RDDT) Is Up 41%, Technical Indicators Still Suggest 'Strong Buy'
Reddit (RDDT) stock is up 41% over the past three months thanks to stronger-than-expected Q1 earnings, surging ad revenue, and robust user growth. Its recent partnerships with AI firms and data licensing deals have diversified revenue sources beyond traditional advertising. Despite the massive gains, technical indicators suggest that RDDT stock is a Strong Buy, implying further upside from current levels. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Reddit is a social media platform where users share, discuss, and vote on content across a wide range of communities called subreddits. Analyzing RDDT Stock's Technical Indicators According to TipRanks' easy-to-understand technical analysis tool, Reddit is currently on an upward trend. The Moving Average Convergence Divergence (MACD) indicator, which helps understand momentum and potential price changes, signals a Buy. Further, the stock's 50-day Exponential Moving Average (EMA) is 137.27, while its price is $160.59, implying a bullish signal. Also, its shorter-duration EMA (20 days) signals an uptrend. Another technical indicator, the Rate of Change (ROC), is a momentum-based technical indicator used to measure the percentage change in a stock's price between the current price and the price from a specific number of periods earlier. Typically, a ROC above zero confirms an uptrend. Reddit stock currently has an ROC of 4.43, which signals a Buy. Moreover, Williams %R helps traders see if a stock is overbought or oversold. For RDDT, Williams %R currently shows a Buy signal, suggesting the stock is not overbought and has room to run. Is RDDT Stock a Good Buy? Turning to Wall Street, RDDT stock has a Moderate Buy consensus rating based on 14 Buys, eight Holds, and one Sell assigned in the last three months. At $156.76, the average Reddit stock price target implies a 2.38% downside potential.
