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Wyndham Hotels & Resorts Inc. WH Stock

Wyndham Hotels & Resorts Inc. stock trades under the ticker WH & has shown recent bullishness that traders & investors should take a closer look at.

WH stock closed at $81.31/share on 12/20/2021, with more bullish momentum set to push its share price higher in the coming days.

Wyndham Hotels & Resorts Inc. WH Stock’s Technicals Broken Down

Wyndham Hotels & Resorts Inc. WH Stock's Technical Performance Over The Last Year

WH Stock Price: $81.31

10 Day Moving Average: $80.86

50 Day Moving Average: $82.73

200 Day Moving Average: $74.80

RSI: 49.5

MACD: -0.636

WH stock completed a bullish MACD crossover yesterday, while its RSI is still under 50, recovering from being oversold in mid-to-late November.

With their share price breaking out above their 10 Day Moving Average, their next test ~1.7% higher when they encounter the 50 Day MA.

The 10 Day is close in tow, meaning that WH stock looks to have a lot of strong momentum backing it up in the near-term.

If the price can break out above the 50 Day, the next test of resistance looks to be at the $83.47/share level.

Wyndham Hotels & Resorts Inc. WH Stock As A Long-Term Investment

Long-term oriented investors may find WH stock to be a great fit for their portfolio.

WH stock’s P/E(ttm) is 41.3, with a P/B of 6.9.

Their Quarterly Revenue Growth (mrq) was 47.8%.

WH stock’s balance sheet looks a bit iffy, with only $193M in Total Cash (mrq) & Total Debt (mrq) of $2.13B.

They offer a Dividend Yield of 0.79%, which although low, looks to be safe as their current Payout Ratio is 32%.

96% of WH stock’s total share float is held by institutional investors.

Wyndham Hotels & Resorts Inc. WH Stock As A Short-Term Trade Using Options

Short-term oriented traders may find Wyndham’s stock appealing, particularly with its current rate of momentum.

I am looking at the options contracts with the 1/21 expiration date.

The $80 & $85 strike priced call contracts look appealing in terms of being in or at the money, but lack open interest.

There seems to be more bullish sentiment ahead, as the open interest for the $90 calls far outpaces the two aforementioned.

The puts have also very limited open interest, adding to that general bullish sentiment.

The $85 & $90 puts would be where I would be looking at.

Tying It All Together

Wyndham Hotels & Resorts Inc. stock has many appealing attributes that traders & investors may be interested in as an addition to their portfolios.

Investors may like their industry/sector exposure, particularly now if they are able to get in at a low price for the long-run while COVID measures still have not played themselves out yet.

Traders will like their current rate of momentum, although their options are lacking in open interest.

Overall, WH stock is worth taking a closer look at, regardless of your time frame & trading style.

*** I DO NOT OWN SHARES OF WH STOCK ***

Novavax, Inc NVAX Stock Analysis

Novavax, Inc. stock trades under the ticker NVAX & has shown recent bullishness that traders & investors should take a closer examination of.

NVAX stock closed at $194.92/share on Thursday 12/16/2021.

Novavax, Inc. NVAX Stock’s Technicals Broken Down

Novavax, Inc. NVAX Stock's Technical Performance Over The Last Year

NVAX Stock Price:$194.92

10 Day Moving Average: $172.28

50 Day Moving Average: $171.38

200 Day Moving Average: $193.15

RSI: 55.7

MACD: -0.374

Yesterday, NVAX stock had a bullish MACD crossover, while also breaking out above its 200 Day Moving Average.

Their trading volume has recently been about average for the last year, and their RSI is still neutral at <56.

The next level of resistance to test is the $203.80-level.

Novavax, Inc. NVAX Stock As A Long-Term Investment

Investors focused on holding stocks for the long-term may find NVAX stock appealing, particularly with its price growth Y-o-Y.

However, their valuation metrics are not terribly appealing, with no P/E (ttm) & a P/B of 27.3.

NVAX saw 13.9% Quarterly Revenue Growth Y-o-Y, which investors may find appealing.

Their balance sheet also looks appealing, with Total Cash (mrq) of $1.94B & Total Debt (mrq) of $458.8M.

NVAX stock does not offer an annual dividend.

50% of their total share float is held by institutional investors, and their beta is 1.27, meaning they move slightly more aggressively than the broader market indexes.

Novavax, Inc. NVAX Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options in order to take advantage of NVAX stock’s current momentum.

I am looking at the contracts with the 1/21 expiration date.

The $200 & $210 calls each look appealing, and are both liquid with solid open interest levels.

The $220 & $230 puts also look appealing, although they have less open interest, implying that traders expect NVAX stock to continue climbing in the near-term.

Tying It All Together

Traders & investors will each find great attributes for NVAX stock that fit their styles.

Investors will like their balance sheet & long-term performance, particularly after their more recent split.

Traders will like their current momentum, as well as the liquidity of their options contracts that are about a month out.

All-in-all, it is worth taking a closer look at NVAX stock.

*** I DO NOT OWN SHARES OF NVAX STOCK ***

Molina Healthcare, Inc. MOH Stock

Molina Healthcare, Inc. stock trades under a ticker of MOH & is a member of the healthcare providers industry.

MOH stock has shown recent bullishness, closing at $300.94/share on Monday 12/13/2021.

Molina Healthcare, Inc. MOH Stock’s Technicals Broken Down

Molina Healthcare, Inc. MOH Stock's Technical Performance Over The Last Year

MOH Stock Price: $300.94

10 Day Moving Average: $291.41

50 Day Moving Average: $293.67

200 Day Moving Average: $263.52

RSI: 54.5

MACD: -0.07

Yesterday, MOH completed a bullish MACD crossover, while maintaining a neutral RSI of 54.5.

With less than 2% between their 10 & 50 Day Moving Averages, there looks to be more room to continue climbing in the near-term.

Their next test level of resistance is the $305-mark, which is ~1.6% away from their current price level.

Molina Healthcare, Inc. MOH Stock As A Long-Term Investment

MOH stock may be of interest to long-term oriented investors.

Their trailing P/E (ttm) is 30.03 & their P/B is 7.03.

MOH has Quarterly Revenue Growth Y-o-Y of 43%.

MOH’s balance sheet looks appealing, with Total Cash (mrq) of $7.26B & Total Debt (mrq) of $2.35B.

Unfortunately, they do not offer a dividend yield.

Still, they have 97.5% of their share float held by institutional investors.

Molina Healthcare, Inc. MOH Stock As A Short-Term Trade Using Options

Short-term traders can take advantage of MOH’s current momentum by trading options.

I am looking at the contracts with the 12/17 expiration dates.

The $300 & $310 calls look appealing, as do the $310 puts.

Neither the $320 nor $330 puts have open interest for this expiration date.

Given that there is expiration at the end of this week, the coming week may see different levels of open interest for the January contracts as people plan their 2022 trades.

Tying It All Together

Traders & investors alike should have reasons to like MOH stock’s current situation.

Investors will like their balance sheet & valuation metrics.

Traders will like their current momentum, as well as their technical set up for the near-term.

All-in-all, it is worth taking a closer look at Molina Healthcare, Inc. stock.

*** I DO NOT OWN SHARES OF MOH STOCK ***

Wells Fargo & Co. WFC Stock Analysis

Wells Fargo & Co. stock trades under the ticker WFC & has shown recent bullishness that traders & investors should take a closer look into.

WFC stock closed at $50.20/share on Friday, 12/10/2021, with more momentum indicated in the near-term.

Wells Fargo & Co. WFC Stock’s Technicals Broken Down

Wells Fargo & Co. WFC Stock's Technical Performance Over The Last Year

WFC Stock Price: $50.20

10 Day Moving Average: $48.92

50 Day Moving Average: $49.38

200 Day Moving Average: $45.43

RSI: 53.25

MACD: -0.056

On Friday, WFC stock completed a bullish MACD crossover, while breaking out above their 50 Day Moving Average the day prior.

Their recent trading volumes have been about average for the year & with <1% between the 10 & 50 Day MA’s, there looks to be more momentum pushing them higher in the near-term.

The next level of resistance is at the $51.18 price level.

Wells Fargo & Co. WFC Stock As A Long-Term Investment

Investors may find WFC stock appealing in the long-term, with their appealing P/E(ttm) of 11.92 & a P/B of 1.19.

WFC stock saw 9% Quarterly Revenue Growth Y-o-Y, and moves relatively in-line with the market with a Beta of 1.31.

Their Balance Sheet also looks appealing, with Total Cash (mrq) of $479.73B & Total Debt (mrq) of $222.58B.

They also offer a safe dividend yield of 1%, with a low 11.88% Payout Ratio.

Wells Fargo & Co. WFC Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to take advantage of WFC’s current price momentum.

I am looking at the contracts with the 12/17 expiration date.

The $50 & 51 calls look interesting, both of which have higher open interest than the $49, which means that there is still bullish sentiment in general for WFC’s shareprice.

The $52 & $52.50 puts also look appealing, both with lower open interest than the calls mentioned above, confirming the bullish sentiment.

Tying It All Together

Overall, both traders & investors will find appealing attributes to WFC stock.

Investors will like WFC’s fundamentals, while traders will like their current momentum & liquidity within their options contracts.

Wells Fargo & Co. stock is worth taking a closer look at, regardless of your trading strategy.

*** I DO NOT OWN SHARES OF WFC STOCK ***

Weekly Stock & ETF Market Review 12/12/2021

This week looks to start off on a slow note, pending any overnight news, with no US economic data being presented until PPI numbers Tuesday morning.

Import price levels will be interesting to see, especially given that ports are still backed up & going to unique unloading strategies to account for winter weather.

While ships will be using less fuel by traveling slower from Asia, there will be additional costs as many of these journeys are now 7-10 days longer than normal.

Wednesday also has the homebuilder index numbers, and the FOMC announcement, and Thursday will shed light into unemployment, housing starts, as well as manufacturing data such as the PMI.

QQQ ETF - Invesco QQQ Trust ETF's Technical Performance Over The Last Year — QQQ ETF – Invesco QQQ Trust ETF

Last week the NASDAQ gapped back up to around the levels it was at at the end of November.

Volume got back above the year’s average, but their MACD is still bearish/flattening out, with the 10 Day Moving Average just below the bottom range of Friday’s low price.

SPY ETF - SPDR S&P 500 ETF's Technical Performance Over The Last Year — SPY ETF – SPDR S&P 500 ETF

SPY looks to have more momentum, with a bullish MACD crossover last week on slightly above average volume, settling in for the week <1% off of all time highs.

However, it will be interesting to see if this climb can continue on into a Christmas rally.

US Home Construction (ITB), Rare Earth/Strategic Metals (REMX), Healthcare (CURE) & Consumer Goods (UGE) ETFs All Leading The Way Bullishly

US Home Construction ETF ITB is showing expectations that the homebuilder data this week will be good, as it continues its bullish climb.

ITB ETF - iShares U.S. Home Construction ETF's Technical Performance Over The Last Year — ITB ETF – iShares U.S. Home Construction ETF

Look for their RSI to drop a bit in the near-term, as it is currently overbought at 73.

Three of their last 4 sessions have closed lower than they opened, which is an interesting sentiment point, but their MACD looks strong still.

REMX, an ETF that tracks companies that produce, mine & refine rare earth & strategic metals has had a strong year.

REMX ETF - VanEck Vectors Rare Earth/Strategic Metals ETF's Technical Performance Over The Last Year — REMX ETF – VanEck Vectors Rare Earth/Strategic Metals ETF

While they’ve stalled out a bit in this current quarter, there may be a good entry point for a position in the near-future, with the 10 Day MA being bullishly crossed by their price level Friday.

CURE, the Direxion Daily Healthcare Bull 3X Shares ETF has had a strong year, including 7 consecutive days of gains.

CURE ETF - Direxion Daily Healthcare Bull 3X Shares ETF's Technical Performance For The Last Year — CURE ETF – Direxion Daily Healthcare Bull 3X Shares ETF

With an RSI that is still relatively neutral/beginning to look overbought, there looks to be more near-term momentum for this & other similar names.

Their recent volumes have been slightly above average as well, with a bullish MACD crossover in the middle of last week also there to provide additional upward momentum.

UGE has also had a solid year, with a 44% increase excluding dividends.

UGE ETF - ProShares Ultra Consumer Goods ETF's Technical Performance Over The Last Year — UGE ETF – ProShares Ultra Consumer Goods ETF

While volumes recently have been low, their MACD appears to begin to be turning bullish, which paired with a neutral RSI could set them up for solid short-term momentum.

China Internet (CWEB), Physical Palladium (PALL), Fallen Knives (NIFE) & Emerging Market eCommerce (EWEB) ETFs Have All Lagged Bearishly

CWEB, the Direxion Daily CSI China Internet Index Bull 2X ETF has had a difficult year, losing ~75% of its share price in the last year.

CWEB ETF - Direxion Daily CSI China Internet Index Bull 2X ETF's Technical Performance Over The Last Year — CWEB ETF – Direxion Daily CSI China Internet Index Bull 2X ETF

Volume has increased substantially for CWEB since mid-summer, and there could be a change in price direction in the near-term, with a bullish MACD crossover impending, and an oversold RSI.

Physical Palladium names have also had a difficult year, with the end of November & early-December seeing more losses.

PALL ETF - Aberdeen Standard Physical Palladium Shares ETF's Past Year Performance — PALL ETF – Aberdeen Standard Physical Palladium Shares ETF

Two gaps down to end the last week looks like they may still have more pain in the near-term, however they have not fallen to the lows that they saw in late November, and have an oversold RSI.

NIFE is an ETF that tracks stocks that have recently fallen, but have strength in their financials that can make them rebound to outperformance.

NIFE ETF - Direxion Fallen Knives ETF's Technical Performance Over The Last Year — NIFE ETF – Direxion Fallen Knives ETF

What is interesting about NIFE is that they offer a 5.76% dividend yield, which is higher than most names that we cover in this section.

Their MACD is beginning to look healthier, but it is tough to say if this will be able to turn around in the near-term or not based on their overly light volume of recent.

They also tend to move in gaps up or down, which also makes it a bit speculative.

EWEB ETF is another under-performer for the year, which tracks emerging markets internet & eCommerce stocks.

Emerging markets have been an area of concern in many sectors this year, with EWEB’s holdings being no different.

EWEB ETF - Global X Emerging Markets Internet & eCommerce ETF's Past Year's Technical Performance — EWEB ETF – Global X Emerging Markets Internet & eCommerce ETF

This ETF may get some upward momentum in the near-term courtesy of their MACD about to crossover bullishly, and their RSI is oversold.

However, most of the last 4-5 months has been on extremely light trading volume when compared with the rest of the year’s chart, signaling that the sentiment there is still somewhat a “wait & see”.

Tying It All Together

This week will be interesting as markets will have a lot of data to digest, as well as updates related to COVID variants.

I will be most interested in seeing what types of trading volumes we see, with people beginning to prepare for the holidays, while also trimming gains or losses from 2021’s returns.

Overall, it looks to be an interesting week ahead.

*** I DO NOT OWN SHARES OR OPTIONS CONTRACTS FOR ANY OF THE ETFs LISTED ABOVE ***

Civitas Resources, Inc. CIVI Stock

Civitas Resources, Inc. stock trades under the ticker CIVI & has shown recent bullishness that traders & investors should take a closer look at.

CIVI stock closed at $57.33/share on 12/7/2021, with signals that more near-term bullishness is still to come.

Civitas Resources, Inc. CIVI Stock’s Technicals Broken Down

Civitas Resources, Inc. CIVI Stock's Technical Performance Over The Last Year

CIVI Stock Price: $57.33

10 Day Moving Average: $52.43

50 Day Moving Average: $53.27

200 Day Moving Average: $42.61

RSI: 58.8

MACD: -0.126

Yesterday, CIVI stock completed a bullish MACD crossover, on a 2.8% gap up day.

The prior day they also bullishly crossover over their 50 day moving average, which is ~1.5% above their 10 day MA.

This signals more bullishness to come in the near-term, as they still have very positive momentum.

Their recent trading volumes are above average for the year, which is also beneficial.

Civitas Resources, Inc. CIVI Stock As A Long-Term Investment

Investors focused on the long-term may find CIVI stock’s valuation metrics to be appealing, with a P/E(ttm) of 16.21 & a P/B of 3.32.

Their Quarterly Revenue Growth Y-o-Y also looks appealing at 222.7%.

CIVI’s balance sheet may be unappealing to investors though, with $40.41M in Total Cash (mrq) & Total Debt (mrq) of $188.4M.

CIVI stock pays a dividend of 1.26%, which looks to be stable with a 20% payout ratio.

As a result, 79% of their share float outstanding is held by institutional investors.

It should also be noted that their beta is 1.99, meaning that they tend to move rather aggressively compared to the broader markets.

Civitas Resources, Inc. CIVI Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to take advantage of CIVI stock’s current momentum.

I am looking at the contracts with the 12/17 expiration date.

For calls, I like the $55 & $60 strike prices, although they have limited open interest.

The $60 puts look appealing, and if there was more open interest I would also be looking at the $65 strikes.

Tying It All Together

All-in-all, there looks to be many interesting attributes to CIVI stock.

Investors will like their valuation metrics, as well as their dividend yield.

Traders will like their current momentum & above average trading volume.

CIVI stock is worth taking a closer look at, regardless of your trading strategy.

*** I DO NOT OWN SHARES OF CIVI STOCK ***

iStar Inc. STAR Stock Analysis

iStar Inc. stock trades under the ticker STAR & has shown recent bullishness that traders & investors should take a closer look at.

STAR stock closed at $25.28/share on 12/6/2021, and is a member of the Mortgage REITs industry.

iStar Inc. STAR Stock’s Technicals Broken Down

iStar Inc. STAR Stock's Technical Performance Over The Last Year

STAR Stock Price: $25.28

10 Day Moving Average: $24.25

50 Day Moving Average: $25.04

200 Day Moving Average: $21.61

RSI: 53.8

MACD: -0.271

Yesterday, STAR stock completed a bullish MACD crossover, on higher than average volume for the year.

They also broke out above their 50 day moving average, with <3% between their 10 day & 50 day MAs.

This looks set to push them further in the near-term, as there is built up positive momentum from a technical standpoint.

The $25.32-level is the next resistance test for STAR to break through.

iStar Inc. STAR Stock As A Long-Term Investment

Investors will like STAR stock’s valuation metrics, with a P/E (ttm) of 23.43 & a P/B of 1.95.

Their Quarterly Revenue Growth Y-o-Y is 75.6%, and their beta is cooler than the broader market at 0.76.

STAR stock’s balance sheet is an area of concern though, with $298.9M in Total Cash (mrq) & Total Debt (mrq) of $3.49B.

They offer a 1.93% dividend yield, which looks safe with a 45% payout ratio.

iStar Inc. STAR Stock As A Short-Term Trade Using Options

Traders can use options to take advantage of STAR stock’s current momentum in the near-term.

I am looking at the contracts with the 12/17 expiration date.

The $25 & $30 calls look appealing, with the former being more liquid than the latter.

There is no open interest in the $35 puts, so the $30 strike price is the most liquid reasonable option.

The put:call ratio implies that the market sees STAR stock climbing higher in the coming weeks.

Tying It All Together

Investors will like STAR stock’s valuation metrics as well as their dividend yield.

Traders will like their current momentum, although their open interest is not as liquid as many would like for their options contracts.

Overall, there looks to be many appealing characteristics of iStar Inc.’s stock that traders & investors should take a closer look at.

*** I DO NOT OWN SHARES OF STAR STOCK ***

Navient Corp. NAVI Stock Analysis

Navient Corp. stock trades under the ticker NAVI & has shown recent bullishness despite broader market volatility that is worth taking a closer look at.

NAVI stock closed at $19.91/share on 12/3/2021.

Navient Corp. NAVI Stock’s Technicals Broken Down

Navient Corp. NAVI Stock's Technical Performance Over The Last Year

NAVI Stock Price: $19.91

10 Day Moving Average: $19.89

50 Day Moving Average: $19.82

200 Day Moving Average: $18.29

RSI: 50.16

MACD: -0.033

NAVI stock completed a bullish MACD crossover on Friday, despite the broader markets seeing a decline.

In doing so, it also broke above its 50 & 10 Day Moving Averages.

Its volume has been lower than average, which makes sense given the broader volatility.

However, NAVI still has a neutral RSI at 50.2, showing that it is ready to continue climbing in the near-term, pending broader market sentiment.

Navient Corp. NAVI Stock As A Long-Term Investment

Long-term investors will find NAVI stock’s valuation metrics to be appealing, with a P/E(ttm) of 3.92 & a P/B of 1.19.

NAVI stock’s Quarterly Revenue Growth was mildly disappointing, at -1.4%.

Investors may balk at NAVI’s balance sheet, where they have Total Cash (mrq) of $1.27B & Total Debt (mrq) of $78.7B.

Their beta is also a bit hotter than the wider markets at 1.74, meaning that they tend to move more aggressively than the broader markets.

NAVI stock does offer an appealing 3.2% dividend yield, which looks very safe with a 12.5% payout ratio.

This contributes to why 88.4% of their share float is held by institutional investors.

Navient Corp. NAVI Stock As A Short-Term Trade Using Options

Short-term focused traders can use options to shrug off broader market volatility while still taking advantage of NAVI’s current momentum.

I am looking at the contracts with the 12/17 expiration dates.

The $20 & $22.50 calls look appealing, as the $17.50’s are more or less illiquid with open interest of 1, whereas the formers have about 900 contracts between the two.

The $22.50 & $25 puts also look appealing, despite also being very illiquid.

Tying It All Together

Overall, there look to be many interesting attributes about NAVI stock that traders & investors should take a closer look at.

Traders will like their current momentum & resilience against the broader market trends of the last week.

Investors will like their valuation metrics & dividend yield.

Traders & investors should take a closer look at Navient Corp.’s stock.

*** I DO NOT OWN SHARES OF NAVI STOCK ***

Weekly Stock & ETF Market Review 12/5/2021

Volatility began creeping back into financial markets this past week, just in time for some holiday discounts.

What is particularly interesting about it this time around though is that the levels of volume are far above average for the year, and above where they were in other, more recent volatile periods.

SSO ETF - ProShares Ultra S&P 500 ETF's Technical Performance Over The Last Year — SSO ETF – ProShares Ultra S&P 500 ETF

SSO, the ProShares Ultra S&P 500 ETF’s price settled below its 50 Day Moving Average, with an RSI of 42.

This shows there is still more pain to come in the near-term for the S&P 500, as concerns over omicrom, as well as the potential lockdown measures that will take to combat it hang over investors’ heads.

TQQQ ETF - ProShares UltraPro QQQ NASDAQ ETF's Technical Performance Over The Last Year — TQQQ ETF – ProShares UltraPro QQQ NASDAQ ETF

With much discussion about the rate of tapering & rate hikes via the Federal Reserve, the NASDAQ tech-heavy index also saw above average volume in their declines.

While their RSI also signals that there is more near-term losses to come, they closed just above their 50 Day Moving Average.

Still, traders should be on the lookout for the death cross that each index is inching closer & closer towards each passing day.

20+ Year Treasuries (TMF), Semiconductors (SOXL), Industrial Real Estate (INDS) & Technology (TECL) ETFs All Have Had Bullish Runs

TMF, an ETF that tracks 20+ Year Treasuries has enjoyed strong gains recently.

TMF ETF - Direxion Daily 20+ Year Treasury Bull 3X Shares ETF's Technical Performance Over The Last Year — TMF ETF – Direxion Daily 20+ Year Treasury Bull 3X Shares

Their moving averages have begun signaling more bullishness is to come, although there may be some decent entry points in the near-term as their RSI will need to cool off while they establish a new price range.

Semiconductors have somewhat stalled out at their top range, as seen with SOXL ETF.

SOXL ETF - Direxion Daily Semiconductor Bull 3X Shares ETF's Technical Performance Over The Last Year — SOXL ETF – Direxion Daily Semiconductor Bull 3X Shares

SOXL’s volume has remained about average, but with a now neutral RSI & continuing issues with supply, there may be more positive pressure on these names.

INDS ETF, which tracks industrial real estate has also been on a steady incline all year.

INDS ETF - Pacer Benchmark Industrial Real Estate ETF's Technical Performance Over The Last Year — INDS ETF – Pacer Benchmark Industrial Real Estate ETF

INDS’s recent volumes have also been above average for the year, as their RSI cools down from overbought conditions this last week.

Watch their MACD, which looks to be signaling more growth in the coming days as it begins to flatten/curve upwards.

TECL, the Direxion Daily Technology Bull 3X Shares ETF is cooling down with all of the talks of rate hikes & tapering, which may provide a decent entry point in the near-term.

TECL ETF - Direxion Daily Technology Bull 3X Shares ETF's Technical Performance Over The Last Year — TECL ETF – Direxion Daily Technology Bull 3X Shares ETF

Their RSI is now dipping into the oversold side, although they may have a bit more room to fall based on their MACD & elevated volume levels compared to the year’s averages.

Genomics (ARKG), Aerospace & Defense (DFEN), Betting & iGaming (BETZ) & Streaming Services (SUBZ) Are All Bearish & Lagging The Pack

ARKG, an ETF that seeks exposure to securities that are involved in genomics has been horribly lagging the market recently.

ARKG ETF - ARK Genomic Revolution Multi-Sector ETF's Technical Performance Over The Last Year — ARKG ETF – ARK Genomic Revolution Multi-Sector ETF

Their RSI is severely oversold, which may signal a coming rebound in the near-to-mid term.

However, like everything else, their volumes have recently been above average, signaling there will likely be more pain to come before the rebound.

DFEN ETF, which tracks aerospace & defense securities has also been underperforming.

DFEN ETF - Direxion Daily Aerospace & Defense Bull 3X Shares ETF's Technical Performance Over The Last Year — DFEN ETF – Direxion Daily Aerospace & Defense Bull 3X Shares ETF

They too have an oversold RSI & higher than average volume.

However, their MACD looks to be turning, which may prove to be a reversal from their recent decline in price after multiple gap down days in the last couple of weeks.

BETZ, the Roundhill Sports Betting & iGaming ETF is another one with a heavily oversold RSI.

BETZ ETF - Roundhill Sports Betting & iGaming ETF's Technical Performance Over The Last Year — BETZ ETF – Roundhill Sports Betting & iGaming ETF

What’s remarkable here is that nearly every day since the end of October their share price has continued to fall.

With an RSI of 16, they should at least be able to begin establishing a new range here, unless broader market volatility sends them deeper into descent.

SUBZ, the Roundhill Streaming Services & Technology ETF has also been facing difficulty since launching last February.

SUBZ ETF - Roundhill Streaming Services & Technology ETF's Technical Performance Over The Last Year — SUBZ ETF – Roundhill Streaming Services & Technology ETF

This is another name that has seen nearly all downward momentum over the last month, with an extremely oversold RSI.

They haven’t had much in terms of severe trading volume since they were first introduced to the market, which shows many investors are likely still weary of them & their holdings.

Tying It All Together

Next week looks to be interesting, as we await news about the omicron variant of COVID, as well as learn if there are more clues coming from the Federal Reserve about the expected taper pace.

Pending Home Sales, PMI Data & Unemployment Data will also be closely watched, after this week’s unemployment numbers left many folks scratching their heads.

Based on the technicals that we reviewed above, it looks like there will be a bit more volatility as we move closer to the end of 2021.

Pampa Energia SA PAM Stock Analysis

Pampa Energia SA stock trades under the ticker PAM & has shown recent bullishness that investors & traders should take a closer look at.

PAM stock closed at $18.74/share on 12/2/2021, and is a member of the Conventional Electricity industry.

Pampa Energia SA PAM Stock’s Technicals Broken Down

Pampa Energia SA PAM Stock's Technical Performance Over The Last Year

PAM Stock: $18.74

10 Day Moving Average: $17.52

50 Day Moving Average: $18.39

200 Day Moving Average: $16.17

RSI: 55.9

MACD: -0.293

Yesterday, PAM stock completed a bullish MACD crossover on above average trading volume for the year.

They also bullishly broke out over their 50 day moving average, with the 10 day moving average ~5% in tow.

This will add additional upwards momentum in the near-term & there is more room to run with a neutral RSI of 55.9.

The $19 & $19.90 price level are the next tests of resistance for PAM stock.

Pampa Energia SA PAM Stock As A Long-Term Investment

Long-term investors will like PAM stock’s valuation metrics, with a P/E (ttm) of 2.43 & a P/B of 0.54.

Their Quarterly Revenue Growth was 97.7%, although they do not offer a dividend yield.

Their balance sheet is a bit concerning though, with Total Cash (mrq) of $50.06B & Total Debt (mrq) of $142.1B.

12% of PAM stock’s total share float is held by institutional investors.

Pampa Energia SA PAM Stock As A Short-Term Investment

Short-term oriented traders can take advantage of PAM stock’s current momentum by trading options.

I am looking at the 12/17 expiration dated contracts.

The $17.50 calls look appealing, as do the $20’s, although they are very illiquid with just over 100 contracts between both strike prices.

There is limited open interest in puts, with most of the liquidity being in out-of-the-money contracts.

Tying It All Together

Overall, Pampa Energia SA stock has some interesting opportunities for traders & investors.

Traders will enjoy their current momentum in the short-term.

Investors will like their valuation metrics, although their balance sheet is questionable & they do not pay a dividend yield.

It is still worthwhile to take a closer look at PAM stock to see if it fits into your portfolio’s strategy.

*** I DO NOT OWN SHARES OF PAM STOCK ***