Stocks with three weeks of deteriorating technicals by Piper Sandler
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 20 2024
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Source: SeekingAlpha
Deteriorating Technical Rankings: Piper Sandler analysts identified several companies across various sectors, including energy, financials, health care, and consumer cyclical, that have shown three weeks of declining technical grade rankings.
Market Context: The report also mentions broader market trends, indicating a potential disappointment from Powell's upcoming speech at Jackson Hole and the ongoing dynamics affecting major indices like Nasdaq, S&P, and Dow.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
