- AKAM fell below its 1-year uptrend line in February. He Zoom chart reveals that the initial break happened on a gap-down day (the high and close were lower than the lows of the previous day. Also, the weekly chart shows that AKAM failed in 2024 at 2021 and 2022 resistance.
RRG analysis shows that AKAM has displayed relative weakness and poor relative momentum causing it to move out of the Leading quadrant, through the Weakening quadrant, and into the Lagging quadrant. AKAM is a bottom 20 stock in this week’s TPA-RRG report. Top and Bottom 20 RRG below.
- INTC fell below its steep 3-month uptrend line at the end of January. Chart 2 shows that INTC got extended and is well above its 12-month uptrend line, which is support.
RRG analysis shows that INTC has displayed relative weakness and poor relative momentum causing it to move out of the Leading quadrant, through the Weakening quadrant, and into the Lagging quadrant. INTC is a bottom 20 stock in this week’s TPA-RRG report. Top and Bottom 20 RRG below.
Relative Rotation Graphs (RRG) – explanation video
Jeff Marcus founded Turning Point Analytics (TPA) in 2009 after 25 years on trading desks and 13 years as a head trader to provide strategic and technical research to institutional clients. Turning Point Analytics (TPA) provides a unique strategy that works as an overlay to clients’ good fundamental analysis. After 10 years of serving only large institutions, TPA now offers its research services to mid and small managers, RIA’s, and wealthy sophisticated individuals looking for a way to increase their returns and outperform their peers.
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