CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

USA500 Analysis

EU Session Analysis for CFD Instruments 26/05/2023

Fundamental analysis

26 May, 2023

Wall Street ended sharply higher on Thursday after a blowout forecast from Nvidia sent the chipmaker's stock soaring and fueled a rally in AI-related companies, while investors watched for signs of progress in U.S. debt ceiling talks. Nvidia Corp soared 24% to a record high close after the world's most valuable chipmaker forecast quarterly revenue 50% higher than estimates and said it was ramping up supply to meet demand for its artificial-intelligence (AI) chips. Investors exchanged almost $60 billion worth of Nvidia's shares, accounting for a fifth of all trading in S&P 500 stocks during the session, according to Refintiv data.

Technical analysis

USA500 Analysis Technical analysis 26/05/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 26/05/2023

Support & Resistance Level Explanation
Resistance 2 4189.18 Daily R2
Resistance 1 4174.10 Daily R1
Support 1 4133.90 Daily S1
Support 2 4118.82 Daily S2

USA500 Indicator Table - 26/05/2023

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Neutral
MACD( 12;26;9) Sell
RSI (14) Sell
Stochastic ( 9;6;3) Neutral

USA500 Indicator / Period Table - 26/05/2023

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Sell BuyBuy
RSI (14) Sell SellBuy
SMA 20 Sell SellBuy

USA500 26/05/2023 - Reference Price : 4154.00

Sell
Simple Moving AverageBuy (0)Sell (2)
Technical Indicators - OscillatorsBuy (0)Sell (2)
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