ChartPros Market Insights

AstraZeneca (AZN), a global pharmaceutical provider, is making headlines as it announced its acquisition of Fusion Pharmaceuticals (FUSN), a Canadian drug developer, in an all-cash deal valued at $2 billion. This strategic move aims to bolster AstraZeneca's presence in the oncology space.

Wait until you see the price action chart patterns we found and where price could be heading 

Beyond, Inc. (BYON) is an online retailer previously known as Overstock.com, the company acquired and adopted the name of bankrupt big-box retailer Bed Bath & Beyond in 2023. The company sells home decor, furniture, bedding, and many other goods that are closeout merchandise.

Marcus Lemonis, a retail veteran best known for reviving struggling businesses on CNBC’s “The Profit,” became Beyond’s executive chairman last month.

Being a big fan of Lemonis and his successful track record we'll take a look at their chart from a price action technical analysis perspective.

Gilead Sciences, Inc. (GILD) is a research-based biopharmaceutical company focused on the discovery, development, and commercialization of innovative medicines.

The company will be able to quadruple production of its cell therapy cancer treatments by 2026 due to improvements in the U.S. biotech's manufacturing processes, an executive in charge of that business told Reuters.

We'll take a look from a price action technical analysis perspective, see the charts!

Tesla (TSLA) has been one of the most requested charts in recent memory because of the constant selling pressure and traders and investors trying to find the bottom.

We don't call tops/bottoms but we do review charts from a price action technical analysis perspective.

See the area on the chart that could be the "last chance" for the bulls!

MongoDB (MDB) provides an advanced scalable general purpose database software platform that uses hybrid open-source and proprietary technology as the basis for its 'freemium' software business model. MongoDB was founded in November 2007 and made its initial public offering at $24 per share in October 2017.

Today we wanted to review their chart from a price action technical analysis perspective because the company reported earnings on March 7 that beat revenue estimates but fell shy of profit estimates in which the stock promptly sold off...

Abbott Laboratories (ABT) is a S&P 500 company that manufacturers many popular products in the therapeutic areas of cardiovascular, diabetes, diagnostics, neuromodulation, nutrition and pharmaceuticals. Some of its well-known brands include Similac, PediaSure, Pedialyte, Brufen, Klacid, Alinity, Ensure, FreeStyle, iStat and MitraClip.

Abbott is often in the headlines for various reasons so today we wanted to review their chart from a price action technical analysis perspective.

Wait until you see the pattern we discovered on this chart!

DaVita Inc (DVA), is a provider of dialysis and integrated health care management services. They also are reported to be one of Warren Buffet's top holdings so we wanted to review their chart from a price action technical analysis perspective.

At first glance we found that price was essentially trading at all time highs (ATH) and wasn't all that surprised especially because the Oracle of Omaha is involved.

Using Fibonacci and trend see where price could potentially be heading...

Cloudflare's stock rose quickly last month following its February 8 earnings report, exceeding analyst expectations and they also issued a rosy forecasts. The company accomplished impressive revenue growth last quarter and forecasted 27% growth next year.

Given all that we wanted to review their chart from a price action technical analysis perspective.

You'll definitely want to see what we uncovered on this chart!

Shares of BJ's Wholesale Club (BJ) are moving higher today as the company posted its fourth-quarter earnings, beating Wall Street expectations on the bottom line, but missing on the top line.

The irony in this is sometimes when a company does this their stock price goes down and sometimes it goes up so we wanted to review it from a price action technical analysis perspective.

Tokyo based Mitsubishi Financial Group, Inc. (MUFG) is a leading global financial firm with 2,700 locations in over 50 countries and regions. The company offers worldwide comprehensive and tailored financial solutions to their clients.

The company is reported to be one of Warren Buffet's top 30 holdings so for that reason alone they garner a lot of media attention.  So we wanted to review their chart from a price action technical analysis perspective.

The company is in the news this week because as the headlines indicate their stock price is down and lagging the tech sector so we wanted to review their chart from a price action technical analysis perspective.

Warren Buffet, the "Oracle of Omaha" reportedly holds a significant position in Verisign so they often gets scrutinized by the media for that reason alone.

Wait until you see the pattern we found on this chart!

According to published reports Bank of America has downgraded six players in the Commercial Real Estate mortgage REIT sector, citing interest rate headwinds and weakening fundamentals that spell a [potential] “rocky road ahead” for the industry.

Ares Commercial Real Estate Corp. (ACRE) was flagged by BofA with notable concerns that include a significant office exposure and looming portfolio maturities, alongside recent credit issues and a dividend reduction.

Today we'll review their chart from a price action technical analysis perspective.  One of the first things we noted was they are not trading at all time highs (ATH)...