Everyday the US dollar is nearing its converging point with the negative red line approaching the positive blue line on the MACDs. Yesterday the negative red line was at +.45 and went up to +.46, the positive blue line yesterday was at +.51 and was today at +.49. The history line on the dollar yesterday was at +.06 and is now only holding at +.03 on the MACDs, once the negative red line crosses it will drive the dollar downward. By pulling both of the lines on the MACDs down and this should see US stock market boards start seeing them climbing during next week. With the dollar reopening about an hour ago and closed earlier today at $92.42, after hours it hit a low of $92.35 and a high of $92.43, the dollar is at $92.39 at 6:03 pm PST. Here are the stock futures going into Friday morning 7/9/21: DOW is down by $13.00, the S & P 500 is down by $6.25 and the NASDAQ is down by $36.00 at 6:06 pm PST.
Here are some more of the 20 stocks that we had researched over the 4th of July holiday weekend.
12.) Durect Corporation.
Stock symbol DRRX, the MACDs and the stock has been falling in price since 6/25/21 when it peaked up to $1.82. The Relative Strength Index is at 32.77 percent, as we are just watching the stock until it begins to show shift on the MACDs. Durect Corporation closed today at $1.50 7/8/21 and is still showing a declining on its momentum. The stock is followed by 4 analysts, with an average 12 month price target of $7.00, the high 12 month target is $8.00 and the 12 month low target is $6.00.
13.) Dynatronics Corporation.
Stock symbol DYNT, the momentum is slipping on this stock on the MACDs right now with the stock price falling from 6/25/21 when it was at $1.25 a share. The Relative Strength Index is at 39.03 percent as we are just keeping an eye on it until we see the MACDs shift towards an upward motion. Dynatronics closed today at $1.12, its being followed by 3 analysts, with an average 12 month price target of $2.12. Its high 12 month target is $2.25 and the low 12 month target price is $2.00 dollars a share.
14.) Enservco Corporation.
Stock symbol ENSV, from 7/1/21 this stock has been falling from $1.65 a share, the MACDs have been slowing dropping. The Relative Strength Index is at 45.98 percent and had closed today at $1.47, just watching the stock until begins shifting in a upward momentum. The stock is being followed by 2 analysts, with an average 12 month target of $4.50, the high target is $6.00 and the low 12 month target price is $3.00.
15.) Evoke Pharma Incorporated.
Stock symbol EVOK, this stock has been dropping since 6/28/21 when it was at $1.48 a share, the MACDs have been slowing falling. The Relative Strength Index is at 38.93 percent, yesterday it was at 35.84 percent. This stock could be starting to shift in another upward momentum on the MACDs as we are just keeping an eye on the stock. It closed today at $1.22 a share, the stock is followed by only 1 analyst with an 12 month target price of $9.00 dollars a share.
Here is another update on the stock futures: DOW is down by $71.00, the S & P 500 is down by $11.00 and the NASDAQ is down by $41.75, the US dollar is at $92.42 at 6:51 pm PST.