Technical Analysis – 7 July 2023
United States | Singapore | Hong Kong
Paycom Software, Inc. (PAYC US)
- Shares closed higher above the 5dEMA with a surge in volume.
- MACD is about to turn positive, RSI is constructive.
- Long – Entry 320, Target 346, Stop 307
Fortinet, Inc. (FTNT US)
- Shares closed higher with constructive volume.
- MACD is positive, RSI is constructive.
- Long – Entry 74.0, Target 81.0, Stop 70.5
Singapore Post Ltd (SPOST SP)
- Shares rose and closed above the 200dEMA with a surge in volume.
- RSI is constructive and MACD is positive.
- Long – Entry 0.475, Target 0.505, Stop 0.460
UOL Group Ltd (UOL SP)
- Shares closed above the 20dEMA with rising volume.
- RSI is constructive and MACD just turned positive.
- Long – Entry 6.55, Target 6.85, Stop 6.40
XPENG Inc. (9868 HK)
- Shares closed higher with constructive volume.
- MACD is positive, RSI is at an “overbought” level.
- Long – Entry 56.5, Target 61.5, Stop 54.0
Nexteer Automotive Group Ltd. (1316 HK)
- Shares closed higher above the 5dEMA with a surge in volume. 20dEMA is about to cross the 50dEMA.
- MACD is positive, RSI is constructive.
- Long – Entry 4.75, Target 5.15, Stop 4.55
