$MU largest by dollar volume in the Semiconductor Materials & Equipment sub-industry group.
Currently in Stage 2B-
New Blog Post: US Stocks Watchlist
There were 18 stocks highlighted from the US stocks watchlist scans today – $MSFT, $TSLA, $FTNT
stageanalysis.net/blog/14190…
Semiconductor Materials & Equipment is one of the years top performing groups . But the majority of its individual stocks are now in early Stage 4, with a few of the larger stocks holding the group chart in Stage 3.
MU, AMAT, LRCX, ASML, KLAC, TER, AXTI, MKSI, ENTG, ONTO, AMKR, FORM, NVMI, ENPH, AEIS, SEDG, ALGM, ACMR, UCTT, CAMT, COHU, KLIC, ACLS, ATEYY, VECO
Replying to @BoyWumbo
I do the majority of buying for position trades in late Stage 1 / early Stage 2. So initial buys are usually always in a developing base before the breakout.
Have sold out $NVDA as well into todays small bounce to raise a bit of cash. As lots of the Semi's that were leaders are now late Stage 3 / early Stage 4. So NVDA was an outlier in the group. Still have a position in NVDA though, as it makes up around 12% of the QQQ.
Stopped out of $CRCL
Weekend Video Part 1: Watchlist $SPOT, $CRWD, $AZN (10mins)
▪️Login for full length video (60mins) discussing all the data for the Stage Analysis method (made famous in Stan Weinstein's classic book)
stageanalysis.net/blog/14189…
Market Breadth: S&P Composite 1500 Moving Average Breadth
▪️52.07% > 200 day MA (Long-term)
▪️50.40% > 150 day MA (Medium-term)
▪️50.73% > 50 day MA (Short-term)
▪️65.53% > 20 day MA (Very Short-term)
Combined Average: 54.68% (Neutral)
New Blog Post: US Stocks Watchlist
There are 19 stocks highlighted from the weekends US stocks watchlist scans – $SPOT, $CRWD, $AZN
stageanalysis.net/blog/14185…
Replying to @K_Stockalper
Sure, its still an "attempt" to breakdown as I said in the post. Not suggesting anyone does anything here as its already -10.63% below the Stage 4A point. Just highlighting a major stock attempting to breakdown
Momentum Changed to Positive vs Negative split for the week:
211 stocks turned weekly momentum positive and 94 turned it negative, more than 2 to 1, in a week when every major index closed below its 10-week MA. The gainers are mostly in uptrends and bases, led by regional banks, software and health care. The losers are mostly confirming existing downtrends in metals, aerospace, autos and travel.
Stage 2 Breakouts vs Stage 4 Breakdowns split this week:
41 names broke out into Stage 2 and 43 broke down into Stage 4, and both sides cleared average volume at the same rate. What differs is what moved: Software and IT services on the positive side, and Machinery, Metals and the AI power build-out on the negative side.
$SPOT Stage 2 breakout attempt with technical attributes improving to a SATA 9 of 10, and Mansfield RS crosses above its "Zero Line"
$GEV Stage 4 breakdown attempt with its lowest technical attributes score and Mansfield RS closing below its "zero line"
Stage Analysis Screener – Stage 4 Breakdowns & Continuation Breakdown Attempts
GEV, CRDO, ARM, T, NOK, CLS, CDE, PWR, PH, IBKR, ATI, FPS, BHP, RIO, PAAS, GGG, FIGR, DAR, HSBC, MLI, UBS, MT, FCFS, GL, CR, DCI, WGS, AEG, TH, RYCEY, BVN, KT, PTRN, SVM, ASM
Filters:
Stage: 4A, 4, 4B
Stage Change: Stage Changed
Market Cap: +Mini (over $300mln)
WCR: Close in Lower Quarter of Bar
Avg $ Volume: Over 100M
Breakout: 13W Breakdown – Cross Below 13W Low
Sort order: Average Dollar Volume
The purpose of this scan is to find stocks attempting to breakdown into Stage 4
Scan for stocks that meet the Stage Analysis criteria on stageanalysis.net – a dedicated platform for the Stage Analysis method with unique tools and features that will save you time in your daily/weekly research.
Stage Analysis Screener – Stage 2 Breakouts & Continuation Breakouts
IBM, ISRG, SPOT, PGR, MRSH, UTHR, HUBS, ROP, NDAQ, RMD, AWK, WCN, RIG, CART, TRMB, BRZE, CHKP, EPAM, MNDY, KVYO, RHHBY, VAL, BSY, VNOM, G, BMI, CWST, KBR, KD, SLN, SR, GLOB, SAM, UCB, BL, SDRL, LSEGY, CUBI, CRAI
Filters:
Stage: 2A, 2, 2B
Stage Change: Stage Changed
Market Cap: +Mini (over $300mln)
WCR: Close in Upper Quarter of Bar
Avg $ Volume: Over 100M
Breakout: 13W Breakout – Cross Above 13W High
Sort order: Average Dollar Volume
The purpose of this scan is to find stocks attempting to breakout into Stage 2 and continuation breakouts already in Stage 2











