American Eagle Outfitters (AEO) has been stuck in a consolidation since early May. Moreover, notice that this consolidation is narrowing as the Bollinger Bands contract. In the indicator window, Bollinger BandWidth is currently at its lowest level since February, which was scene of the last big contraction and breakout. Watch the current boundaries for the next directional clue.
Click this image for a live chart.
Stock market correction risks are rising as key indicators flash warnings. Discover sector correlations with SPY, potential safe havens, and how Bitcoin's surge aligns with QQQ in this data-driven analysis.... READ MORE
What are the different ways you can use technical analysis in your trading? And which is the best one for you? Today's Insider Tip: Know your charting "style" and focus on its strengths.... READ MORE
Was Thursday's market dip a warning sign or just noise? Explore market trends, sentiment, and sector rotation, and learn how the StockCharts Market Summary page can help you stay one step ahead.... READ MORE
In this video, Julius breaks down current market trends using Relative Rotation Graphs (RRG). He examines weekly and daily asset class rotations, highlighting key developments in stocks, commodities, bonds, the U.S. dollar, and crypto. From there, Julius analyzes sector momentum shifts, including technology, energy, and real estate, and explains... READ MORE
Check these must-see StockCharts signals before you cast off for the summer and see whether August's market currents say "stay the course" or "make adjustments."... READ MORE
Optimism surrounds the stock market indexes with lofty price targets. Could the fulfillment of Point & Figure targets mean the end of a bull market? Find out here. ... READ MORE