Category: Stock & ETF Research

Lennar Corp. stock trades under the ticker LEN & has had a very strong year, along with the other member’s of the homebuilders/construction industry.

LEN stock has climbed +81.62% (ex-dividends) from their 52-week low, which occurred approximately one year ago & set a new all-time high last week.

Some of the popular ETFs that contain LEN stock include ITB (12.65%), PKB (5.02%), XHB (3.88%), FTLS (2.52%), RCD (1.96%), RPV (2.09%), as well as many others.

The Price:Volume analysis below seeks to display the volume at specific share-price levels from over the past one-to-two years & is intended to serve as a reference point for how investors viewed LEN stock’s value at each level.

It also includes a list of moving averages, as well as support & resistance levels, which will be marked in bold.

Lennar Corp. LEN Stock’s Price:Volume Sentiment Broken Down

LEN stock’s RSI has dipped back underneath overbought conditions to close at 65.85 yesterday & their MACD has curled over bearishly but remains bullish.

Last week’s volumes were above average compared to the year prior, but yesterday’s session was on very light volume, losing -1.02% on the day.

Yesterday’s candle also engulfed Friday’s candle, with the 23rd (Friday’s) Open = $121.07, High = $122.48, Low = $120.80 & Close = $122.30 & yesterday’s (26th’s) Open = $122.75, High = $123.04, Low = $120.41 & Close = $121.07, indicating a weak, but bearish near-term sentiment.

Their 10 Day Moving Average will be a support level to watch in the coming days, which is currently just a -1.37% decline from their closing price on Monday 6/26/2023.

The bold prices on the image below denote the moving average levels just listed & the bold entries in the list form of the analysis under the images include other levels of support (there is no data for their resistance levels as they are near an all time high).

Each corresponding price level using a ratio of Buyers:Sellers (or Sellers:Buyers), NULL values denote that there was not enough data, so the ratio would’ve been 0:0.

Ratios with a 0 for the denominator/constant are denoted with an *, but are reported as is, as we are accounting for volume/sentiment.

Also, as there is such a wide spread between many price levels having activity data, many of the levels are marked NULL, as there was limited volume data for them, and they were not included in the long list below unless they were relevant to support/resistance levels.

Lennar Corp. LEN Stock’s Volume By Price Level

$114 – Buyers – 1.36:1, -6% From Current Price

$112 – Buyers – 1.75:1, -7% From Current Price – 50 Day Moving Average

$110 – Buyers – 1.13:1, -9% From Current Price

$108 – Buyers – 4.43:1, -11% From Current Price

$106 – Sellers – 1.41:1, -12% From Current Price

$104 – Buyers – 3.53:1, -14% From Current Price

$102 – Buyers – 1.29:1, -16% From Current Price

$100 – Sellers – 1.78:1, -17% From Current Price

$99 – Sellers – 3.14:1, -18% From Current Price

$98 – Sellers – 1.5:1, -19% From Current Price

$97 – Buyers – 1.91:1, -20% From Current Price

$96 – Buyers – 1.73:1, -21% From Current Price

$95 – Sellers – 1.54:1, -22% From Current Price – 200 Day Moving Average

$94 – Sellers – 1.1:1, -22% From Current Price

$93 – Buyers – 4.2:0*, -23% From Current Price

$92 – Buyers – 1.2:0*, -24% From Current Price

$91 – Sellers – 1.82:1, -25% From Current Price

$90 – Buyers – 3.8:0*, -26% From Current Price

$89 – Sellers – 1.29:1, -26% From Current Price

$88 – Buyers – 3:1, -27% From Current Price

$87 – Buyers – 1.4:1, -28% From Current Price

$86 – Buyers – 2.88:1, -29% From Current Price

$85 – Sellers – 2.14:1, -30% From Current Price

$84 – Buyers – 1.79:1, -31% From Current Price

$83 – Sellers – 3:1, -31% From Current Price

$82 – Buyers – 1.6:1, -32% From Current Price

$80 – Sellers – 3.8:0*, -34% From Current Price

$79 – Buyers – 1.24:1, -35% From Current Price

$78 – Buyers – 1.06:1, -36% From Current Price

$77 – Buyers – 1.72:1, -36% From Current Price

$76 – Buyers – 2.40:1, -37% From Current Price

$75 – Sellers – 7.1:0*, -38% From Current Price

$74 – Buyers – 2.5:1, -39% From Current Price

$73 – Buyers – 1.21:1, -40% From Current Price

$72 – Sellers – 2.08:1, -41% From Current Price

$71 – Sellers – 1.2:0*, -41% From Current Price

$70 – Sellers – 0.9:0*, -42% From Current Price

$69 – Buyers – 1.2:0*, -43% From Current Price

$68 – Sellers – 1:0*, -44% From Current Price

Tying It All Together

The list & image above paint the picture as to how investors & traders have behaved at various price levels that LEN has been at over the past one-to-two years.

It is not meant to serve as investment/trading advice, and is simply a way to visualize what investor/trader sentiment has been like at each of the price levels mentioned, as well as what it was at levels of support & resistance that are denoted in the image & list.

As always, do your own due diligence before making investing/trading decisions.

For more on the methodology on how the data was collected & put together, please refer to our original Price:Volume analysis.

*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN LEN AT THE TIME OF PUBLISHING THIS ARTICLE ***

DR Horton Inc. stock has recently reached a new all-time high as the homebuilders, construction & supplies industries have been booming in 2023.

DHI stock has gained +90.3% from their 52-week low in June of 2022 (ex-dividends).

They are a member of many popular ETFs, including ITB (15.25%), NAIL (9.47%), PKB (5.01%), XHB (3.86%), QMOM (2.12%) & others.

The Price:Volume analysis seeks to display the volume at specific share-price levels from over the past one-to-two years & is intended to serve as a reference point for how investors viewed DHI stock’s value at each level.

It also includes a list of moving averages, as well as support & resistance levels, which will be marked in bold.

DR Horton Inc. DHI Stock’s Price:Volume Sentiment Broken Down

Their RSI is currently overbought at 73.08 & their MACD is in a bullish uptrend after the past week & a half of consistent positive days.

Recent trading volumes have been about average compared to the year prior, but they have fluctuated each day, as investors likely rotated capital into DHI while the broader market was having a difficult week.

Their candlesticks from last week do not indicate that the bull run is going to continue for long, as last Monday kicked off with a gravestone doji after the prior week closed on a spinning top & Tuesday’s candle was a shooting star that was engulfed by the following day’s candle.

The three candles since then have all been relatively concentrated around the same price range, but climbing incrementally, which does not suggest that there is much more near-term strength left in the eyes of market participants & enthusiasm is beginning to wane/profits are being taken.

The bold prices on the image below denote the moving average levels just listed & the bold entries in the list form of the analysis under the images include other levels of support (there is no data for their resistance levels as they are at an all time high).

Each corresponding price level using a ratio of Buyers:Sellers (or Sellers:Buyers), NULL values denote that there was not enough data, so the ratio would’ve been 0:0.

Ratios with a 0 for the denominator/constant are denoted with an *, but are reported as is, as we are accounting for volume/sentiment.

Also, as there is such a wide spread between many price levels having activity data, many of the levels are marked NULL, as there was limited volume data for them, and they were not included in the long list below unless they were relevant to support/resistance levels.

DR Horton Inc. DHI Stock’s Volume By Price Level

$112 – Buyers – 3.3:0*, -8% From Current Price

$110 – NULL/Even – 1:1, -9% From Current Price – 50 Day Moving Average

$108 – Buyers – 2.97:1, -11% From Current Price

$106 – Sellers – 1.06:1, -13% From Current Price

$104 – Sellers – 3.1:0*, -14% From Current Price

$102 – Buyers – 1.3:0*, -16% From Current Price

$100 – Buyers – 1.06:1, -17% From Current Price

$99 – Buyers – 7:0*, -18% From Current Price

$98 – Buyers – 1.17:1, -19% From Current Price

$97 – Sellers – 1.05:1, -20% From Current Price

$96 – Buyers – 1.36:1, -21% From Current Price

$95 – Sellers – 1.03:1, -22% From Current Price

$94 – Sellers – 1.38:1, -22% From Current Price

$93 – Buyers – 1.48:1, -23% From Current Price

$92 – Buyers – 2.73:1, -24% From Current Price

$91 – Buyers, 1.2:1, -25% From Current Price, 200 Day Moving Average

$90 – Sellers, 1.19:1, -26% From Current Price

$89 – Buyers – 3:0*, -27% From Current Price

$88 – Sellers – 3.39:1, -27% From Current Price

$87 – Sellers – 3.3:0*, -28% From Current Price

$86 – Buyers – 4:0*, -29% From Current Price

$85 – Buyers – 2.1:1, -30% From Current Price

$84 – Sellers – 1.12:1, -31% From Current Price

$83 – Buyers – 3.94:1, -32% From Current Price

$82 – Sellers – 1.8:1, -32% From Current Price

$80 – Sellers – 3.3:0*, -34% From Current Price

$79 – Buyers – 0.9:0*, -35% From Current Price

$78 – Sellers – 1.3:1, -36% From Current Price

$77 – Buyers – 4:1, -36% From Current Price

$76 – Buyers – 3.5:1, -37% From Current Price

$75 – Sellers – 1.31:1, -38% From Current Price

$74 – Sellers – 1.13:1, -39% From Current Price

$73 – Buyers – 1.37:1, -40% From Current Price

$72 – Sellers – 1.11:1, -41% From Current Price

$71 – Sellers – 1.44:1, -41% From Current Price

$70 – Buyers – 1.45:1, -42% From Current Price

$69 – Buyers – 4.5:1, -43% From Current Price

$68 – Sellers – 7:0*, -44% From Current Price

$67 – Sellers – 4.7:0*, -45% From Current Price

$66 – Sellers – 3.7:0*, -46% From Current Price

Tying It All Together

The list & image above paint the picture as to how investors & traders have behaved at various price levels that DHI has been at over the past one-to-two years.

It is not meant to serve as investment/trading advice, and is simply a way to visualize what investor/trader sentiment has been like at each of the price levels mentioned, as well as what it was at levels of support & resistance that are denoted in the image & list.

As always, do your own due diligence before making investing/trading decisions.

For more on the methodology on how the data was collected & put together, please refer to our original Price:Volume analysis.

*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN DHI AT THE TIME OF PUBLISHING THIS ARTICLE ***

NAIL, the Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF has been one of the top performing ETFs in the market this past year, returning +254.89% (ex-distributions) since their 52-week low in October of 2022.

The ETF is powered by the strength in homebuilder data that we have witnessed, as well as in the supplies that go into construction.

Some of its largest holdings include D.R. Horton (15.04%), Lennar Corporation (13.12%), NVR (8.3), Pultegroup (6.48%), Sherwin Williams (4.45%), Home Depot (4.41%), Lowe’s (4.33%), Topbuild Corp (3.28%), Toll Brothers (3.04%) & Builders Firstsource (2.28%).

The Price:Volume analysis seeks to display the volume at specific share-price levels from over the past one-to-two years & is intended to serve as a reference point for how investors viewed NAIL ETF’s value at each level.

It also includes a list of moving averages, as well as support & resistance levels, which will be marked in bold.

NAIL, The Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF’s Price:Volume Sentiment Broken Down

Their RSI is approaching overbought at 69.13 & their MACD is beginning to show signs of cooling down & rolling over bearishly.

Recent trading volumes have been below average compared to the year prior, signaling that investors are beginning to cool off & become hesitant of buying more shares in the near-term, although their price has continued to climb.

Yesterday’s dragonfly doji candlestick also signals that there may be a reversal on the horizon, which also supports the waning volume in confirming the near-term weakness on the horizon.

The list below can be used to identify how investors have generally behaved at the price levels listed over the past year, which can be beneficial as a resource during a correction in the ETF’s price.

The bold prices on the image below denote the moving average levels just listed & the bold entries in the list form of the analysis under the images include other levels of support (there is no data for their resistance levels as they are near the highest price level of the past year).

Each corresponding price level using a ratio of Buyers:Sellers (or Sellers:Buyers), NULL values denote that there was not enough data, so the ratio would’ve been 0:0.

Ratios with a 0 for the denominator/constant are denoted with an *, but are reported as is, as we are accounting for volume/sentiment.

Also, as there is such a wide spread between many price levels having activity data, many of the levels are marked NULL, as there was limited volume data for them, and they were not included in the long list below unless they were relevant to support/resistance levels.

NAIL, The Direxion Daily Homebuilders & Supplies ETF’s Volume By Price Level

$64 – Buyers – 1.3:0*; -5% From Current Price – 10 Day Moving Average

$62 – Buyers – 0.6:0*; -8% From Current Price

$61 – Buyers – 1.5:1; -9% From Current Price

$60 – Buyers – 2.5:1; -11% From Current Price

$58 – Buyers – 0.4:0*; -14% From Current Price

$56 – Buyers – 1.3:0*; -17% From Current Price

$55 – Sellers – 2.18:1; -18% From Current Price

$54 – Buyers – 5.75:1; -20% From Current Price – 50 Day Moving Average

$53 – Sellers – 1:0*; -21% From Current Price

$52 – Buyers – 2.31:1; -23% From Current Price

$51 – Even – 1:1; -24% From Current Price

$50 – Buyers – 3.2:0*; -26% From Current Price

$49 – Buyers – 1.05:1; -27% From Current Price

$48 – Sellers – 2.8:0*; -29% From Current Price

$47 – Buyers – 3.8:0*; -30% From Current Price

$46 – Sellers – 1.89:1; -32% From Current Price

$45 – Buyers – 2.3:0*; -33% From Current Price

$44 – Buyers – 1.05:1; -35% From Current Price

$42 – Sellers – 2.5:0*; -37% From Current Price

$41 – Buyers – 3.73:1; -39% From Current Price

$40 – Buyers – 1.54:1; -40% From Current Price

$39 – Buyers – 1.38:1; -42% From Current Price

$38 – Buyers – 1.58:1; -43% From Current Price – 200 Day Moving Average

$37 – Sellers – 3:0*; -45% From Current Price

$36 – Buyers – 0.5:0*; -46% From Current Price

$35 – Sellers – 1.8:1; -48% From Current Price

$34 – Buyers – 2.1:0*; -49% From Current Price

$33 – Buyers – 2.8:1; -51% From Current Price

$32 – Sellers – 2.6:1; -52% From Current Price

$31 – Buyers – 3.72:1; -54% From Current Price

$30 – Buyers – 1.32:1; -55% From Current Price

$29 – Sellers – 2.33:1; -57% From Current Price

$28 – Buyers – 1.2:1; -58% From Current Price

$27 – Sellers – 1.17:1; -60% From Current Price

$26 – Sellers – 3.08:1; -61% From Current Price

$25 – Sellers – 1.13:1; -63% From Current Price

$24 – Buyers – 1.24:1; -64% From Current Price

$23 – Sellers – 4.87:1; -66% From Current Price

$22 – Buyers – 4.17:1; -67% From Current Price

$21 – Sellers – 2.67:2; -69% From Current Price

$20 – Sellers – 3.1:0*; -70% From Current Price

$19.50 – Sellers- 2.5:0*; -71% From Current Price

Tying It All Together

The list & image above paint the picture as to how investors & traders have behaved at various price levels that NAIL has been at over the past one-to-two years.

It is not meant to serve as investment/trading advice, and is simply a way to visualize what investor/trader sentiment has been like at each of the price levels mentioned, as well as what it was at levels of support & resistance that are denoted in the image & list.

As always, do your own due diligence before making investing/trading decisions.

For more on the methodology on how the data was collected & put together, please refer to our original Price:Volume analysis.

*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN NAIL AT THE TIME OF PUBLISHING THIS ARTICLE ***

Oracle Corp. stock has reached new all time highs in 2023 & has climbed +110.79% (ex-dividends) from their 52-week low in September of 2022.

Most of these gains have come from their cloud computing & A.I. products & services.

43.57% of ORCL stock’s outstanding share float is owned by institutional investors & they are a major holding in many ETFs, including IGV (8.81%), IETC (7.25%), TDIV (3.07%) & many more.

The Price:Volume analysis seeks to display the volume at specific share-price levels from over the past one-to-two years & is intended to serve as a reference point for how investors viewed ORCL stock’s value at each level.

It also includes a list of moving averages, as well as support & resistance levels, which will be marked in bold.

Oracle Corp. ORCL Stock’s Price:Volume Sentiment Broken Down

Their RSI is very overbought at 87.72, mostly due to Monday’s gap up occurring while their RSI was already in overbought territory.

Their MACD is also very bullish right now, with recent volumes being well above average showing enthusiasm among investors & traders.

As they are at an all-time high, it is important to understand how investors have behaved over time at various price levels, which is what is outlined below.

The bold prices on the image below denote the moving average levels just listed & the bold entries in the list form of the analysis under the images include other levels of support (there is no data for their resistance levels as they are at an all time high).

Each corresponding price level using a ratio of Buyers:Sellers (or Sellers:Buyers), NULL values denote that there was not enough data, so the ratio would’ve been 0:0.

Ratios with a 0 for the denominator/constant are denoted with an *, but are reported as is, as we are accounting for volume/sentiment.

Also, as there is such a wide spread between many price levels having activity data, many of the levels are marked NULL, as there was limited volume data for them, and they were not included in the long list below unless they were relevant to support/resistance levels.

Oracle Corp. ORCL Stock’s Volume By Price Level

$122 – Buyers – 5:0*

$116 – Buyers – 8.75:0*

$108 – Buyers – 1.3:0*

$106 – Buyers – 2.6:0*

$104 – Buyers – 1.43:1

$102 – Buyers – 2:0*

$100 – Sellers – 0.7:0* – 50 Day Moving Average

$99 – Buyers – 1.1:0*

$98 – Sellers – 2.25:1

$97 – Buyers – 1.09:1

$96 – Buyers – 1.5:1

$95 – Buyers – 3.58:1

$94 – Sellers – 1.75:1

$93 – Buyers – 1.04:1

$92 – Buyers – 1.2:0*

$90 – Buyers – 1.4:1

$89 – Buyers – 2.36:1

$88 – Buyers – 2.58:1

$87 – Sellers – 1.73:1

$86 – Sellers – 1.51:1

$85 – Sellers – 1.88:1

$84 – Buyers – 5.5:1 – 200 Day Moving Average

$83 – Sellers – 1.4:1

$82 – Buyers – 1.67:1

$81 – Buyers – 2.17:1

$80 – Buyers – 1.20:1

$79 – Sellers – 1.38:1

$78 – Sellers – 1.07:1

$77 – Sellers – 1.33:1

$76 – Buyers – 2.75:1

$75 – Sellers – 1.85:1

$74 – Buyers – 1.69:1

$73 – Buyers – 1.03:1

$72 – Sellers – 1.02:1

$71 – Sellers – 1.36:1

$70 – Sellers – 1.44:1

$69 – Buyers – 1.22:1

$68 – Buyers – 1.94:1

$67 – Sellers – 7:1

$66 – Sellers – 1.03:1

$65 – Sellers – 4.73:1

$64 – Buyers – 2.75:1

$63 – Sellers – 1.9:1

$62 – Sellers – 1.65:1

$61 – Sellers – 1.78:1

$60 – Sellers – 2.1:0*

Tying It All Together

The list & image above paint the picture as to how investors & traders have behaved at various price levels that ORCL has been at over the past one-to-two years.

It is not meant to serve as investment/trading advice, and is simply a way to visualize what investor/trader sentiment has been like at each of the price levels mentioned, as well as what it was at levels of support & resistance that are denoted in the image & list.

As always, do your own due diligence before making investing/trading decisions.

For more on the methodology on how the data was collected & put together, please refer to our original Price:Volume analysis.

*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN ORCL AT THE TIME OF PUBLISHING THIS ARTICLE ***

Broadcom Inc. stock has had a fantastic 2023, rising +111.83% (ex-dividends) from their 52-week low in October of 2022.

Much like other semiconductor industry peers, their price trend has been a very stable trajectory over the past year.

83.99% of AVGO’s outstanding share float is owned by institutional investors, and they are a major holding in many popular ETFs including SOXL (7.95% target, per their prospectus), USD (11.63%), SMH (5.4%) & many more.

The Price:Volume analysis seeks to display the volume at specific share-price levels from over the past year & is intended to serve as a reference point for how investors viewed AVGO stock’s value at each level.

It also includes a list of moving averages, as well as support & resistance levels, which will be marked in bold.

Broadcom Inc. AVGO Stock’s Price:Volume Sentiment Broken Down

AVGO stock’s RSI is currently overbought at 78.98, with their MACD still bullishly trending upwards, as they’ve continued to climb higher after late May’s gap up session.

While the past week’s volumes have subsided a bit, the past month has seen above average volume compared to the year prior, signaling enthusiasm among investors & traders.

AVGO stock’s 10 Day Moving Average is $816.79, their 50 Day Moving Average is $683.47 & their 200 Day Moving Average is $572.97.

The bold prices on the image below denote the moving average levels just listed & the bold entries in the list form of the analysis under the images include other levels of support (there is no data for their limited resistance levels).

Each corresponding price level using a ratio of Buyers:Sellers (or Sellers:Buyers), NULL values denote that there was not enough data, so the ratio would’ve been 0:0.

Ratios with a 0 for the denominator/constant are denoted with an *, but are reported as is, as we are accounting for volume/sentiment.

Also, as there is such a wide spread between many price levels, many of the resistance levels are marked NULL, as there was limited volume data for them & they were not included in the long list.

AVGO Stock’s Volume By Price Level

$810 – Buyers – 7.5:0

$805 – Buyers – 4.6:0*

$800 – Sellers – 3.48:1

$790 – Sellers – 1.27:1

$785 – Sellers – 3.1:0*

$725 – Buyers – 2.6:0*

$685 – Buyers – 1.9:0*

$680 – Buyers – 1.2:0* – 50 Day Moving Average

$675 – Sellers – 1.62:1

$655 – Buyers – 1.2:0*

$640 – Buyers – 2.8:0*

$635 – Buyers – 1.95:1

$630 – Buyers – 1.82:1

$625 – Buyers – 1.77:1

$620 – Sellers – 5.5:1

$615 – Sellers – 4.5:1

$610 – Sellers – 1.15:1

$600 – Buyers – 2:0*

$595 – Buyers – 1.55:1

$590 – Buyers – 2.28:1

$585 – Sellers – 3:0*

$580 – Buyers – 5.5:0*

$575 – Buyers – 1.90:1

$570 – Sellers – 6.75:1 – 200 Day Moving Average

$565 – Buyers – 3:0*

$560 – Buyers – 2.1:0*

$555 – Buyers – 3:1

$550 – Buyers – 1.11:1

$545 – Sellers – 4.24:1

$540 – Sellers – 1.4:1

$535 – Buyers – 2:0*

$530 – Sellers – 1:0*

$525 – Buyers – 0.7:0*

$520 – Buyers – 2.08:1

$515 – Buyers – 1.09:1

$510 – Sellers – 1.73:1

$505 – Buyers – 1.55:1

$500 – Sellers – 1.09:1

$496 – Buyers – 1.85:0*

$472 – Buyers – 1.1:0*

$464 – Buyers – 2.1:0*

$460 – Sellers – 3.1:0*

$456 – Buyers – 1.5:0*

$452 – Buyers – 1.92:1

$448 – Sellers – 1.62:1

$440 – Buyers – 1.5:0*

$436 – Sellers – 2.2:0*

$428 – Buyers – 1.18:1

$424 – Sellers – 1.5:0*

$420 – Sellers – 3.2:0*

Tying It All Together

The list & image above paint the picture as to how investors & traders have behaved at various price levels that AVGO has been at over the past one-to-two years.

It is not meant to serve as investment/trading advice, and is simply a way to visualize what investor/trader sentiment has been like at each of the price levels mentioned, as well as what it was at levels of support & resistance that are denoted in the image & list.

As always, do your own due diligence before making investing/trading decisions.

For more on the methodology on how the data was collected & put together, please refer to our original Price:Volume analysis.

*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN AVGO AT THE TIME OF PUBLISHING THIS ARTICLE ***

NVIDIA Corp. has been one of the stock market’s biggest darlings this year, climbing +275.53% since their 52-week low n October of 2022.

Their share price has been in a relatively consistent upward trajectory since October, with a only a few hiccups along the way.

NVDA is also a major holding in many ETFs that have been performing well this year, including SOXL (8.81%, per prospectus), USD (29.6%), SMH (17.3%) & many others.

The Price:Volume analysis seeks to display the volume at specific share-price levels from over the past year & is intended to serve as a reference point for how investors viewed NVDA stock’s value at each level.

It also includes a list of moving averages, as well as support & resistance levels, which will be marked in bold.

NVIDIA Corp. NVDA Stock’s Price:Volume Sentiment Broken Down

As the chart shows, NVDA has had an excellent year, which was pumped up even higher by a gap up at the end of May.

Their RSI is currently overbought at 70.3 & their MACD is still bullish, but has cooled off in the past week as their price consolidated around the gap up’s range.

NVDA stock’s 10 Day Moving Average is $392.75, their 50 Day Moving Average is $312.75 & their 200 Day Moving Average is $208.98.

The bold prices on the image below denote the moving average levels just listed & the bold entries in the list form of the analysis under the images include other levels of support (there is no data for their limited resistance levels).

Each corresponding price level using a ratio of Buyers:Sellers (or Sellers:Buyers), NULL values denote that there was not enough data, so the ratio would’ve been 0:0.

Ratios with a 0 for the denominator/constant are denoted with an *, but reported as is as we are accounting for volume/sentiment.

Also, as there is such a wide spread between price levels, many of the resistance levels are marked NULL, as there was limited volume data for them & they were not included in the long list.

NVDA Stock’s Volume By Price Level

$400 – Buyers – 4.75:0*

$396 – Buyers – 3.1:0*

$392 – Sellers – 2.4:0*

$388 – Buyers – 2.3:1

$384 – Buyers – 1.11:1

$376 – Buyers – 1.53:1

$372 – Buyers – 2.5:0*

$316 – Buyers – 3.8:0*

$312 – Sellers – 2.3:0*

$308 – Sellers – 2:0*

$304 – Sellers – 5.5:0*

$300 – Buyers – 2.2:0*

$292 – Buyers – 2.3:0*

$288 – Buyers – 8:0*

$284 – Sellers – 1.78:1

$280 – Sellers – 3.3:0*

$276 – Buyers -5.89:1

$272 – Buyers – 1.67:1

$268 – Buyers – 1.51:1

$264 – Sellers – 1.67:1

$260 – Buyers – 1.56:1

$256 – Buyers – 6.5:0*

$252 – Buyers – 3:0*

$240 – Buyers – 7.6:0*

$236 – Buyers – 7.7:0*

$232 – Sellers – 2.98:1

$228 – Buyers – 2.39:1

$224 – Sellers – 4.4:0*

$220 – Buyers – 8.9:0*

$216 – Buyers – 2.48:1

$212 – Sellers – 5.2:0*

$208 – Sellers – 1.38:1

$204 – Buyers – 1.19:1

$200 – Buyers – 2.7:0*

$196 – Buyers 2.4:0*

$194 – Buyers – 2.6:0*

$192 – Buyers – 5.8:0*

$190 – Buyers – 1.23:1

$180 – Buyers – 3.25:0*

$178 – Buyers – 2.8:0*

$176 – Buyers – 1.08:1

$174 – Buyers – 2.2:0*

$172 – Sellers – 2.1:0*

$170 – Buyers – 5:0*

$168 – Sellers- 1.27:1

$166 – Sellers – 1.45:1

$164 – Buyers – 2.6:1

$162 – Sellers – 1.63:1

$160 – Buyers – 2.1:1

$158 – Sellers – 1.73:1

$156 – Buyers – 1.18:1

$154 – Sellers – 2.5:0*

$152 – Sellers – 6.6:0*

$148 – Buyers – 2:0*

$146 – Buyers – 3.6:0*

$144 – Buyers – 4.8:0*

$142 – Sellers – 1.86:1

$140 – Sellers – 1.32:1

$138 – Buyers – 2.6:0*

$136 – Sellers 2.3:0*

$134 – Buyers – 2.07:1

$132 – Sellers – 3.3:0*

Tying It All Together

The list & image above paint the picture as to how investors & traders have behaved at various price levels that NVDA has been at over the past one-to-two years.

It is not meant to serve as investment/trading advice, and is simply a way to visualize what investor/trader sentiment has been like at each of the price levels mentioned, as well as what it was at levels of support & resistance that are denoted in the image & list.

As always, do your own due diligence before making investing/trading decisions.

For more on the methodology on how the data was collected & put together, please refer to our original Price:Volume analysis.

*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN NVDA AT THE TIME OF PUBLISHING THIS ARTICLE ***

It’s no surprise that semiconductors have been leading the charge throughout 2023, as they have been one of the strongest performing areas of the market.

After publishing about SOXL in this week’s weekly market review I decided to dig a bit deeper into how well they’ve performed by doing a price:volume analysis, as they & other semiconductor ETFs have been atop my technical analysis ratings system output seemingly every week in recent memory.

Before we begin the analysis, let’s address who SOXL is.

SOXL, the Direxion Daily Semiconductor Bull 3x Shares ETF is a basket of securities (stocks, swaps, cash etc…) that aims to perform 300% better than the ICE semiconductor index.

The more popular semiconductors are in the market, the better SOXL will perform, ideally at 3x.

As more & more investors want to get exposure to the space, they can provide an easy way to profit, but also come with their own additional risk (3x gains can be counteracted by 3x losses, after-all…).

Some of their largest holdings include NVDA, TXN, AVGO & others, which you can find at the link to their prospectus three paragraphs above for more information.

Volume is a measure of investor enthusiasm (or lack thereof) & we are going to review how investor sentiment has been at various price levels, as well as pointing out what the dominant sentiment at various levels of support & resistance have been in the past year & change.

SOXL ETF’s Price:Volume Analysis Breakdown

As mentioned earlier, SOXL has had a strong year from a technical standpoint amongst other ETFs, driven by the outperformance of the underlying stocks in the industry.

Their share price has appreciated +319.74% since their 52-week low in October of 2022 (ex-distributions & using their price from 1:04pm on 6/13/23 as denoted in the upper right hand corner of the chart).

After taking their support levels (I had to go to a 2 year chart to find resistance as they’re above their 52-week high) I constructed this list, which not surprisingly has limited/no data for the prices that are above their current share price.

Note that the prices in bold denote a moving average, which are treated as support/resistance levels themselves.

The list below maps out the volume sentiment at each corresponding price level using a ratio of Buyers:Sellers (or Sellers:Buyers), NULL values denote that there was not enough data, so the ratio would’ve been 0:0.

Ratios with a 0 for the denominator/constant are denoted with an *, but reported as is as we are accounting for volume/sentiment.

SOXL Volume By Price Level:

$27 – NULL – 0:0*

$26 – NULL – 0:0*

$25 – NULL – 0:0*

$24 – Buyers – 0.75:0*

$23 – NULL – 0:0*

$22 – Buyers – 1.75:1 (10 Day Moving Average is $22.49)

$21 – Buyers – 1.33:1

$20 – Sellers – 2.5:1

$19.50 – Buyers – 1.45:1

$19 – Buyers – 2.29:1

$18.50 – Buyers – 2.3:0*

$18 – Buyers – 2.25:0*

$17.50 – Buyers – 2.89:1

$17 – Buyers – 1.14:1 (50 Day Moving Average is $17.09)

$16.50 – Buyers – 1.36:1

$16 – Sellers – 1.85:1

$15.50 – Sellers – 1.56:1

$15 – Even – 1:1

$14.50 – Buyers – 1.46:1

$14 – Sellers – 1.43:1

$13.50 – Buyers – 1.20:1 (200 Day Moving Average)

$13 – Buyers – 1.55:1

$12.50 – Buyers – 1.01:1

$12 – Buyers – 2.44:1

$11.50 – Sellers – 2.35:1

$11 – Sellers – 2.17:1

$10.50 – Buyers – 2.69:1

$10 – Buyers – 1.97:1

$9.50 – Sellers – 1.01:1

$9 – Sellers – 1.47:1

$8.50 – Buyers – 1.12:1

$8 – Sellers – 7:0*

$7.50 – Buyers – 1.89:1

$7 – Buyers – 2.81:1

$6.50 – Sellers – 2.6:0*

$6 – NULL – 0:0*

The two year chart is below:

Tying It All Together

The list & image above paint the picture as to how investors & traders have behaved at various price levels that SOXL has been at over the past one-to-two years.

It is not meant to serve as investment/trading advice, and is simply a way to visualize what investor/trader sentiment has been like at each of the price levels mentioned, as well as what it was at levels of support & resistance that are denoted in the image.

As always, do your own due diligence before making investing/trading decisions.

For more on the methodology on how the data was collected & put together, please refer to our original Price:Volume analysis.

*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN SOXL AT THE TIME OF PUBLISHING THIS ARTICLE ***

Miller Industries Inc. stock is a Tennessee-based company that creates vehicle towing & recovery vehicles & products.

Their ticker is MLR & they have many characteristics that make them worth considering adding to your mid-to-long term portfolio.

While the current market landscape is quite volatile, I am beginning to look into a potential entry-point in the near-term, as there may be some bargain opportunities for their shares.

Miller Industries Inc. MLR Stock’s Fundamentals Look Appealing In 2022

There has been a lot of recent speculation about the tightening of interest rates in 2022.

While no one has the answer, it is certain that there will be less access to credit in the coming year.

This makes value companies particularly appealing, as they tend to not rely as heavily on it.

MLR stock has a low valuation, with a P/E(ttm) of 15.04 & a P/B(mrq) of 1.33.

Their Beta is 1.0, which implies that they do tend to move about in line with broader market indexes.

MLR stock’s Revenue Per Share(ttm) is $60.84, which looks great when compared to their share price of $34.01, despite -2.2% Quarterly Revenue Growth Y-o-Y.

Miller Industries Inc.’s balance sheet looks very appealing, with Total Cash (mrq) of $50.41M, Total Debt (mrq) of $1.25M & Total Debt/Equity of 0.43.

MLR stock’s dividend is also appealing, with a 2.11% annual yield, that looks very safe as their Payout Ratio is 32%.

86.9% of their share float is held by institutional investors, and only 0.47% of their share float is currently short.

Miller Industries Inc. MLR Stock’s Technical Breakdown

MLR stock’s MACD looks about ready for a bearish crossover, which may prove to be the time to begin starting a new position.

With their beta implying that they will move about in-line with the broader market indexes, warranting a closer look.

It is worth noting that MLR is a small cap stock, making it most appropriate to compare with the Russell 2000, which is the pink line below.

The S&P 500 is the yellow line & the NASDAQ is the purple line for the comparison.

Given the nature of their financial strength outlined above, as well as the safe 2% dividend that will continue to climb as a percentage if their price goes down, this value play should be set to outperform under volatile conditions.

I will be eyeing their RSI in addition to their MACD & to begin finding an entry point, particularly when they appear to be deviating from the falling IWM (pink line above).

Tying It All Together

MLR stock looks like an interesting value play, which should outperform growth stocks as we go into financial tightening & investors become less speculative.

With a 2.11% cushion provided by their dividend yield, some potential losses can be absorbed as the market goes down.

However, with the rotation back into value-oriented names their fall shouldn’t be as extreme as other names, as investors will still seek reliable yields.

One thing of note, is that they have very illiquid put options, with nearly no open interest in the next two expiration dates.

This is something to think about, as it means it will not be as easy to hedge against a decline in share price by owning puts against them as well.

All-in-all though, it looks like Miller Industries stock is worth taking a closer look at.

*** I DO NOT OWN MLR SHARES OR OPTIONS BUT I AM AS MENTIONED ABOVE LOOKING AT AN ENTRY IN THE NEAR-FUTURE ***

Robinhood traders have become an interesting group of market participants, often making headlines as a collective after the COVID lockdowns.

This weekend I took a look at the names that made up their 100 Most Popular Stocks & ETFs list to get an idea of the types of names that they’re trading.

While the name infers that there will be 100 securities, there are only 98, as my Fidelity data screener does not cover two of the names, which was odd as usually it goes the other way around.

Breaking Down What Securities Robinhood Traders Prefer To Own

Most of the companies that you see listed in the Top 100 list are household names. UBER, F, JPM & KO are all on the list, along with some lesser known names such as WKHS, NIO & NKLA.

8 Sectors & 34 Industries are included in this list, along with ETFs.

Only 29% of all securities held offer a dividend yield, and using our Technical Rating Formula, 56 securities are above average for their technical performance rating, with 42 securities falling below the average technical rating.

ETFs are included in the list as well, but are being counted as their own unique sector & industry as there is diversity within each ETF on the list, which will be published in order of technical performance later in the article.

Examining The Robinhood Top 100 Owned Securities List By Sector

By sector, the names favor Consumer Discretionary stocks, such as PTON, TSLA & DKNG, with less emphasis going to Consumer Staples stocks, such as BYND, KO & WMT.

Healthcare (APHA, PFE & SRNE) & Information Technology (MSFT, WORK & ZM) are the second & third most popular sectors, while Energy (HAL, KOS & XOM) & Financials (WFC, IVR & BRK/B) are the second & third least owned sectors (not including ETFs, 0 in the chart above).

This makes sense, given that most retail investors are looking for products & names that they either use, or have an interest in, and or that they hear about often in the news (especially when the headlines are beneficial).

As to be expected, Energy sector stocks have the highest average Dividend Yield, followed by Financials & then Healthcare, with ETFs not offering a dividend, and the bottom three yielding sectors being Industrials, Consumer Discretionary & Information Technology.

From a Technical Rating standpoint, Consumer Discretionary has the highest average (which may be impacted by largest sample size), followed by Industrials & Information Technology.

The worst performing sectors from a technical perspective were Energy, Financials & Consumer Staples, with ETFs having the second worst performance.

Breaking Down The Top 100 Robinhood Stocks By Industry

A really interesting point when we get down into the Industries that these securities are in, is that Pharmaceuticals is the top owned Industry (somewhat expected), trailed by Hotels, Restaurants & Leisure, ETFs & Biotechnology & Airlines.

This somewhat surprised me, as more countries are announcing more COVID measures, so I’m guessing that that trend will be shifting in the not-to-distant future.

The highest yielding industry is Capital Markets, followed by Oil, Gas & Consumable Fuels, & Diversified Telecommunication Services.

From a Technical Rating perspective, Electrical Equipment is the highest rated Industry, followed by Automobiles & Auto Components, while the worst faring Industries are Machinery, Food Products, ETFs & Entertainment.

Who Are The Best Technical Performers Of The Robinhood Top 100 List?

Now, onto what everyone was waiting for, the good stuff.

I have ranked the stocks that were in the Robinhood Top 100 Most Owned list below (barring the two that Fidelity did not have data for, so 98 total names), along with how far above or below average their Technical Rating was (not going to give away all the good stuff 😉 ).

The Top 10 of the list are NIO, PLUG, SNAP, GPRO, MRNA, PENN, CGC, UBER, WKHS & GM.

The Bottom 10 by technical performance are UCO, GUSH, AMC, NKLA, ET, TXMD, INTC, IVR, USO & BYND.

What’s most interesting about this list, is it breaks down how many people outside of the markets look at different companies, sectors & industries, as stock indexes are at all-time highs & the world still has growing concerns regarding COVID-19, the US Election results & more.

It will be interesting seeing how this list shifts in the coming weeks to months.

Educational Development Corp. stock trades under the ticker EDUC, and offers many interesting advantages that long-term investors may be interested in.

EDUC stock closed for trading at $18.19 on Friday 10/23/2020 (publishing this a day later than usual as I am on vacation), and gained an additional 1.21% today (8/26/20).

Breaking Down Educational Development Corp EDUC Stock’s Fundamentals

Investors may be interested in EDUC stock as it sports a P/E (ttm) of 16.1, combined with a Dividend Yield of 2.2% & A Payout Ratio of 11.8%.

In addition to that, their Debt/Equity (ttm) is 54.37, which is much lower than most of its peers & our Technical Rating for EDUC is 308.92, which is also very bullish compared to other stocks.

EDUC is a Micro-Cap stock, with a Market Cap of $151.98M, which contributes to its 19.2% % Institutional Ownership.

Their Total Cash (mrq) is $22.64M, which is especially impressive when you look at their Total Debt (mrq) of just $11.3M.

EDUC stock’s P/B is 4.35 & their Beta is a little hotter than most stocks at 1.73, which is to be expected from smaller stocks, especially in turbulent times such as 2020.

Educational Development Corp. EDUC Stock’s Technical Performance Has Been Strong

Educational Development Corp.’s stock has had a solid year for 2020, after 40 years of impressive growth.

While their price from Friday’s close was even with their 10 Day Moving-Average, their continued growth shows signs of being able to keep gaining, with the potential for some new attractive entry points in the event of anticipated election-time volatility.

EDUC Stock Price (10/23/2020): $18.19

10 Day Moving-Average: $18.19

50 Day Moving-Average:$15.99

200 Day Moving-Average: $9.45

RSI: 58

EDUC’s stock also has a strong Technical Rating of 308.92.

For comparison sake, the average Consumer Discretionary Sector average rating is 83.01, and the Distributor Industry’s score is even worse at 59.28, so they offer strength compared to their direct peers.

Educational Development Corp. EDUC Stock’s Fundamentals Vs. The Consumer Discretionary Sector’s Averages

EDUC’s stock offers many fundamental advantages over its peers in the Consumer Discretionary sector.

EDUC’s P/E (ttm) is 68.6% better than average, and their P/B is 33.4% better than the average of their sector peers.

Their Debt/Equity (ttm) is most impressive, being ~75% better than average & their Payout Ratio is 82% better than average.

EDUC’s Technical Rating is also 272% higher than their average sector peer, showing their past year to be quite strong.

EDUC’s Dividend Yield is 10% lower than average, but more stable given their Payout Ratio.

While their Market Cap is 98% lower than average, their Total Cash (mrq) is only 68% less than average.

EDUC’s higher than average Beta (+12.3%) & Micro Cap status are likely the largest contributors to their 67.6% lower than average % Insitutional Ownership, which shouldn’t deter an average investor.

Educational Development Corp. EDUC Stock Fundamentals Vs. The Distributors Industry Averages

Educational Development Corp.’s stock also outperforms their average peer in the Distributors Industry as well.

EDUC stock’s P/E (ttm) is 30% better than average, and their P/B is 50% better than the industry average.

Their Payout Ratio is 51% better than average, and their Debt/Equity (ttm) is 36% better than their average peer.

On a Technical Rating basis, they outperform the industry average by 421%!

Of course, their Market Cap is 96% less than average, and their Total Cash is 85% over par; leading to their ~70% less than average % Institutional Ownership.

Educational Development Corp. EDUC Stock Performance Vs. The S&P 500 & NASDAQ Indices

Since their first day of trading 40+ years ago on 3/18/1980, EDUC stock has grown by 7,176%.

When you factor in the Dividends that would have been collected over that time, they’ve grown ~9,292%!

For comparison, the S&P 500 has only grown 3,163.8% in that time period (excluding dividends).

They have also outperformed the NASDAQ Index in that same time period, as the NASDAQ has grown 8,087.3% (excluding dividends).

With this lifetime growth in mind, EDUC stock looks like a very attractive long-term investment opportunity.

Tying It All Together

EDUC stock offers many attractive points for long-term investors.

Their value is much better than that of many of their peers, and their debt:cash management is responsible, which is going to be important moving forward.

Their dividend yield may not be as high as most of the stock I post about, but their financial responsibility shows that they are in solid shape for the future.

It is definitely worth taking a closer look at EDUC stock for a long-term investment opportunity!

For Full PDF Report:

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