Look how beautifully SoFi Technologies $SOFI respects its ascending weekly moving average support cluster – once again.
Resistance keeps closing in. Will be watching the price action next week.
Resistance: 39w SMA & 44/46w EMAs @ $18.73-$18.87
SOFI @ $16.96
Support: 120/122/145w SMAs @ $15.34-$16.91
Nokia Oyj $NOK handles last week’s volatility well; after revisiting its weekly moving average (ex) resistance cluster, it manages to – once again – close above it.
After staging a multi-week bounce off its weekly moving average support, Jumia Technologies $JMIA kisses its MA resistance triad and moves away to take a breather.
Resistance: 43/44w EMAs & 279w SMA @ $7.50-$7.58
JMIA @ $6.95
Support: 166/203/206w SMAs @ $5.55-$6.01
AST SpaceMobile $ASTS keeps respecting its converging weekly moving average support and resistance bands. Price closed the week above support.
Resistance: 11w EMA & 24/26w SMAs @ $65.43-$76.42
ASTS @ $58.52
Support: 109/125w EMAs @ $53.91-$57.15
Space Exploration Technologies’ $SPCX daily moving average support triad held price nicely through last week’s volatility.
SPCX @ $152.71
Support: 15/16/21-day SMAs @ $144.79-$147.75
Intel $INTC follows through the bounce off its weekly moving average support cluster. Nicely done!
monday.com’s $MNDY moving average support and resistance bands converge so tightly, that last week, price visited both bands.
Price is still caught in-between.
Resistance: 36/38-week EMAs @ $98.72-$100.69
MNDY @ $85.13
Support: 14/27-week SMAs @ $78.82-$84.66
POET Technologies’ $POET price consolidates above its weekly moving average support triad.
The latter keeps rising consistently, while the 15w SMA resistance line closes in.
Resistance: 15/18-week SMAs @ $8.69-$9.39
POET @ $7.80
Support: 84/85/97-week SMAs @ $6.45-$6.66
Symbotic $SYM sniffs around its weekly MA resistance band and comes back to its base, that has been resting on its MA support triad for 3 months now.
Won’t be surprised to find the name on one or more 13F forms.
Res: 26/28w SMAs @ $46.54-$46.77
SYM @ $41.89
Sup: 157/160/176w EMAs @ $38.62-$40.22
D-Wave Quantum $QBTS closes below its 95/97-week SMAs ($17.29-$17.61) for a 3rd week now.
However, market participants keep the weekly closing price above the round 100-week SMA ($16.81)
The distance between Teck Resources’ $TECK price and its best respected moving average support cluster narrows.
Will price and its support meet again? We’ll be watching.
TECK @ $65.52
Support: 172/177/184-day SMAs @ $58.94-$59.64
If you need one moving average line to watch for determining Ciena’s $CIEN direction, that would be the 11-week EMA.
Here is the price’s interaction with the MA line in the last 2 years.
Netflix $NFLX bounces off both its weekly moving average support and resistance clusters, published 4 months ago, in May ’26.
Price pays a lot of respect to these MAs. Keep watching.
Resistance: 30/36/37w SMAs @ $83.90-$84.17
NFLX @ $71.79
Support: 354/379w EMAs & 400w SMA @ $56.91-$64.43
Viking Therapeutics $VKTX closes below its upper weekly moving average support line of the triad.
Resistance: 111/118-week SMAs @ $37.04-$38.10
VKTX @ $28.99
Support: 219/348-week SMAs & 361-week EMA @ $21.26-$30.49
