Market Analysis 09/25/24

Looking for analysis on micro float stocks?

SPDR S&P 500 ETF Trust (SPY)

Index – USA

Currently trading just below yesterday’s close. The new home sales bulletin will be released at 10 am ET, followed by the weekly EIA petroleum status report at 10:30 am ET.

  • STOCK – 50 Day Volume Average (mil): 54.637
  • STOCK – ATR: 6.90
  • STOCK – RSI daily: 63.9
  • STOCK – Resistance: 571.25, 571.5, 572
  • STOCK – Support: 571, 570.5, 570

Eightco Holdings (OCTO)

Containers & Packaging – Pennsylvania USA

Expects to deliver revenues of $100 mil in 2025. Reclaiming yesterdays sell of plus more. 4, 4.25, 4.5 are levels to watch.

  • STOCK – 50 Day Volume Average (mil): 0.150
  • STOCK – ATR: 0.39
  • STOCK – In Play Catalyst: Positive News
  • STOCK – RSI daily: 60.99
  • STOCK – Resistance: 4.25, 4.5, 5
  • STOCK – Short Float %: 1.55
  • STOCK – Support: 4, 3.75
  • STOCK – Today’s Current Volume (mil): 14.375

Motorsport Games (MSGM)

Entertainment – Florida USA

Continuation from yesterday and currently consolidating under VWAP near 1.45.

  • STOCK – 50 Day Volume Average (mil): 0.578
  • STOCK – ATR: 0.12
  • STOCK – In Play Catalyst: Continuation
  • STOCK – RSI daily: 36.86
  • STOCK – Resistance: 1.5, 1.6
  • STOCK – Short Float %: 8.42
  • STOCK – Support: 1.45, 1.4, 1.3
  • STOCK – Today’s Current Volume (mil): 5.937