Prior Trading Day Summary
On Tuesday stocks rose, wiping out Monday’s losses.
The S&P closed up 26 points to 6465 on 4.9 billion shares traded. 51% of the volume was being traded lower by the close.
The NASDAQ closed up 95 points to 21,544 on 9.2 billion shares traded. 64% of volume was being traded higher and 58% of stocks were rising by the close.
Lets review the closing technical indicators from Tue Aug 26 2025 to see what they advise for Wed Aug 27 2025 as investors prepare for the highly anticipated NVIDIA earnings on Wednesday after the close.
Stock Market Outlook: SPX Closing Chart For Tue Aug 26 2025
The index closed above the 21 day moving average and below the Upper Bollinger Band. This is bearish.
The closing candlestick is bullish for Wednesday.
The 21 day moving average is rising and closed at 6391 which is bullish.
The 50 day moving average is rising and closed at 6287 which is bullish.
The 100 day moving average is rising and closed at 6120 which is bullish.
The 200 day moving average is rising and closed at 5936 which is bullish.
The Lower Bollinger Band is falling below the 50 day moving average. This is negative for stocks at present.
The Upper Bollinger Band is rising which is bullish.
The SPX chart is more bullish than bearish for Wednesday.
SPX Stock Market Outlook review of Tue Aug 26 2025
Stock Market Outlook: Technical Indicators Review
Momentum: Momentum is falling and positive.
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MACD Histogram: MACD (Moving Averages Convergence / Divergence) issued a down signal on Tue Aug 19 2025. On Tue Aug 26 2025 the down signal lost some strength.
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Ultimate Oscillator: The Ultimate Oscillator is rising.
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Slow Stochastic: The Slow Stochastic has an up signal in place.
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Relative Strength Index: The RSI signal is rising.
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| Rate of Change: The rate of change signal is rising, signaling a higher close for Wed Aug 27 2025. Settings: Rate Of Change is set for a 21 period. This indicator looks back 21 days and compares price action from the past to the present. With the Rate Of Change, prices are rising when signals are positive. Conversely, prices are falling when signals are negative. As an advance rises, the Rate Of Change signal should also rise higher, otherwise the rally is suspect. A decline should see the Rate Of Change fall into negative signals. The more negative the signals the stronger the decline. |
Stock Market Outlook: Support and Resistance Levels |
| 6470 is resistance |
| 6450 is resistance |
| 6425 is resistance |
| 6400 is resistance |
| 6390 is resistance |
| 6365 is resistance |
| 6350 is resistance |
| 6325 is resistance |
| 6300 is resistance |
| 6250 is resistance |
| 6225 is resistance |
| 6200 is resistance |
| 6175 is support |
| 6150 is support |
| 6125 is support |
| 6100 is support |
| 6075 is support |
| 6050 is support |
| 6025 is support |
| 6000 is support |
Stock Market Outlook for Wed Aug 27 2025
For Wednesday I expect stocks will continue to move higher ahead of NVIDIA earnings that are released today after the close.
The morning looks weaker and dips are probable in the morning today.
The technical indicators are somewhat split but the bias is still bullish and a higher close.
Potential Economic and Political Market Moving Events
Tuesday:
8:30 Durable goods orders rose more than estimated to -2.8% from 9.4% prior
9:00 S&P Case-Shiller home price index for June dipped more than expected to 2.1%
10:00 Consumer confidence rose to 97.4, higher than estimated
Wednesday:
No reports are being released