Golden Crosses, Breakouts, and Oversold Opportunities and Which Stocks Deserve Your Attention Right Now?

 TrendAnalyzer
 
  TrendAnalyzer
 
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TrendAnalyzer analyzing key trends in the market. With a focus on identifying and interpreting market movements, TrendAnalyzer provides insightful updates and actionable insights to help investors understand and capitalize on emerging trends.
 

•  17 Jun 2025
 

•   AMD  
   
  +1.46%
•   CRDO  
   
  +8.01%
•   HOOD  
   
  +2.28%
•   PLTR  
   
  -2.91%

PLTR has stormed to a new all-time high at $141.41, gaining 2.92% on strong momentum and continued bullish sentiment. Trading above all major moving averages (20/50/200), Palantir’s uptrend is backed by solid RSI at 65.87, suggesting more room to run before hitting overbought territory. The upward price trajectory confirms robust support from previous resistance levels, positioning PLTR as a momentum leader.

AMD surged 8.81% to $126.39, decisively crossing above its 200-day moving average of $125.84. With volume spiking to more than double its average, bulls are clearly back in control. RSI at 65.56 and an aligned uptrend across all MAs support further upside. Watch for a potential breakout continuation if AMD can hold above $125 and confirm strength with consolidation.

SKM climbed modestly to $22.37, just above its 200-day MA. However, its trend remains sideways, and with RSI at a neutral 63.92, this move lacks conviction. While technically bullish, SKM may need more time or volume to establish a stronger trend reversal.

VALE broke through its 200-day MA at $9.82 on a 3.81% gain. With a steady uptrend and RSI at 59.29, the breakout suggests improving sentiment in the mining sector. While still early, this could mark a rotation back into commodities—especially if VALE holds the breakout level and volume remains above average.

AXSM slipped below its 200-day MA, closing at $101.69 with a 2.32% drop. The downtrend remains intact with RSI sliding to 36.95, signaling continued weakness. This technical breakdown is a red flag, and without a reversal signal, downside risk remains high.

BX appears stable at $138.26, yet technically broke below its 200-day MA ($156.23). RSI is middling at 47.20, and trend signals remain sideways. This is not a favorable technical setup unless the stock reclaims major resistance levels and gains bullish volume.

$HOOD remains a speculative darling, jumping 5.72% to $76.75 with an RSI nearing 72. Despite trading well above all MAs, including its long-term average of $40.64, caution is warranted as it enters overbought territory. Still, the stock's sharp rally and momentum make it a strong candidate for short-term traders, especially if it confirms a breakout above recent highs.

GPK gained 2.04% but remains in a downtrend with RSI at 38.20. While slightly oversold, the broader picture is bearish. Any long trades would require confirmation of a base and volume-supported reversal.

KHC is in clear downtrend territory, closing at $25.79 with an RSI of 31.07, approaching oversold levels. Its distance from key MAs indicates a deeply discounted position. While not yet reversing, the setup may appeal to contrarians looking for a mean-reversion play.

AREC rose 9.02% on above-average volume, riding sector strength in metals & mining. Still, its sideways trend and lack of MA clarity mean it needs further technical validation before becoming a compelling setup.

AMRN soared 4.75% to $13.88 and triggered a bullish golden cross. With a strong RSI of 77.94 and explosive price momentum, this setup could attract more short-term traders seeking continuation. The long-term trend shift is promising, though RSI suggests some cooling off may come.

CRDO exploded 7.73% to $79.17 following a golden cross, backed by strong RSI at 71.83. Momentum is clearly with the bulls as the stock pushes further into uncharted territory. If it can consolidate above the $75 zone, CRDO could be primed for a sustainable rally.

Bottom line – Most Attractive Near-Term Opportunity: $CRDO stands out as the top momentum trade with a fresh golden cross, high RSI, and strong breakout volume. $AMD and $PLTR also offer compelling upside, but CRDO’s technical setup is currently the cleanest for near-term gains.