US Stock Daytrading Navigator-stock day trading analysis tool

Example

A trader notices that stock ABC has fluctuated between $100 and $120 during the trading day. The Fibonacci retracement tool identifies key levels like 23.6%, 38.2%, and 61.8% retracement, helping the trader recognize potential support and resistance points where price may bounce or reverse.

Scenario

During a midday pullback, the trader sees the price drop to $112, a key Fibonacci level, and decides to enter a buy position based on historical patterns of price bouncing from that level.

Example

When trading stock XYZ, the trader sees that the price is approaching the upper Bollinger Band, indicating that the stock might be overbought and due for a correction. Conversely, if the price is near the lower band, the stock might be oversold, signaling a potential buying opportunity.

Scenario

The trader is about to sell stock XYZ as it hits $150 but notices it’s riding the upper Bollinger Band, suggesting momentum might carry the price higher. They decide to hold the position for a potential further increase.

Example

A trader is analyzing stock DEF on a 5-minute interval and sees that the MACD line is crossing above the signal line, indicating bullish momentum. This confirms that the stock is likely to continue rising in the short term.

Scenario

The trader uses the MACD crossover as a signal to enter a buy position in stock DEF, capitalizing on the upward momentum after spotting the crossover at a key support level identified via Fibonacci retracement.