Ciena $CIEN closes above its 11-week EMA and 14-week SMA resistance lines, facing the 16-week SMA, which is the last line of the resistance cluster.
Resistance: 11w EMA & 14/16w SMAs @ $381.80-$394.77
CIEN @ $391.34
For another week, AST SpaceMobile $ASTS continues consolidating into the narrowing space between its converging weekly moving average support and resistance bands.
Resistance: 11w EMA & 24/26w SMAs @ $63.76-$74.46
ASTS @ $58.45
Support: 109/125w EMAs @ $54.10-$57.25
AST SpaceMobile $ASTS touches resistance and pulls back, still within its converging weekly moving average support and resistance bands. It's getting crowded there...
Resistance: 11w EMA & 24/26w SMAs @ $64.82-$75.77
ASTS @ $58.52
Support: 109/125w EMAs @ $54.03-$57.23
Symbotic $SYM continues consolidating (hmm.. accumulated) between its converging weekly moving average support and resistance clusters.
Resistance: 26/28w SMAs @ $45.89-$46.32
SYM @ $43.28
Support: 157/160/176w EMAs @ $38.72-$40.30
Symbotic $SYM prints another weekly candle in the narrowing space between its weekly moving average support and resistance clusters.
Resistance: 26/28w SMAs @ $46.27-$46.56
SYM @ $43.47
Support: 157/160/176w EMAs @ $38.67-$40.26
Still consolidating. For the 6th consecutive week, POET Technologies $POET trades sideways within its converging weekly moving average support and resistance clusters.
Jumia Technologies $JMIA consolidates right in the center between its converging weekly moving average support and resistance clusters.
For a 3rd straight week, closing price barely budged.
For the 4th consecutive week, Nokia Oyj $NOK
closes ABOVE its 9/10/11-week SMAs (now @ $10.15-$10.37). The weekly moving average cluster now acts as support, having previously acted as resistance.
Nokia Oyj $NOK ($10.39) prints a red candle, however, it was all above its previously-broken weekly moving average resistance cluster (9/10/11-week SMAs @ $10.10-$10.21).
There's some price struggle around the cluster, but in the last 3 weeks, bulls came out on top.
Duolingo $DUOL ($144.27) rides its ascending weekly moving average support band, the 9/11-week SMAs @ $140.16-$142.74, since August 2025.
Resistance (42-week EMA @ $152.92) is tightly closing in from above.
And still is.
NIKE $NKE has been respecting its monthly moving average resistance cluster since 2022.
Resistance: 21/22/30-month SMAs @ $59.39-$66.27
NKE @ $33.87
NIKE $NKE has been respecting its monthly MA resistance cluster since 2022. The company reports earnings on Tuesday AMC.
--
πFind the BEST Respected Moving Average Support & Resistance Linesπ
Robinhood Markets $HOOD is higher, since the last post, and also its best respected weekly moving average support band is.
Good to know, just in case.
HOOD @ $112.74
Support: 99/105w SMAs @ $82.35-$85.75
Note where Robinhood Markets' $HOOD best respected weekly moving average support band is, in case price breaks below the psychological $100 level.
HOOD @ $104.26
Support: 99/105-week SMAs @ $77.79-$81.18
Navitas Semiconductor $NVTS gets squeezed between its narrowing daily moving average support and resistance clusters.
Resistance: 46/57/78d EMAs @ $12.46-$13.24
NVTS @ $12.40
Support: 351/359d SMAs @ $10.60-$10.80
In the last 10 weeks, Waste Management $WM traded down below its best respected moving average resistance triad.
Last week it printed a hammer right at support and around the psychological $200 mark. Interesting confluence.
Walmart $WMT continues descending below its weekly moving average resistance cluster, registered in May '26.
A reversal can't take place without closing with strong conviction above this cluster.
Resist: 12/15w EMAs & 17w SMA @ $108.85-$110.69
WMT @ $104.26
Supp: 388w SMA & 398w EMA @ $63.52-$70.19
For the last 10 weeks, Duke Energy $DUK trades down below its best respected weekly moving average resistance cluster. Support is about 9% below the current price.
Resistance: 5/6w EMAs & 9w SMA @ $116.48-$119.28
DUK @ $114.13
Support: 395/400w EMAs @ $103.92-$104.12
Symbotic $SYM prints another weekly candle in the narrowing space between its weekly moving average support and resistance clusters.
Resistance: 26/28w SMAs @ $46.27-$46.56
SYM @ $43.47
Support: 157/160/176w EMAs @ $38.67-$40.26
Symbotic $SYM sniffs around its weekly moving average resistance band and comes back to its base, that has been resting on its MA support triad for 3 months now.
Won't be surprised to find the name on one or more 13F forms.
Resistance: 26/28w SMAs @ $46.54-$46.77
SYM @ $41.89
Support: 157/160/176w EMAs @ $38.62-$40.22
AST SpaceMobile $ASTS touches resistance and pulls back, still within its converging weekly moving average support and resistance bands. It's getting crowded there...
Resistance: 11w EMA & 24/26w SMAs @ $64.82-$75.77
ASTS @ $58.52
Support: 109/125w EMAs @ $54.03-$57.23
AST SpaceMobile $ASTS keeps respecting its converging weekly moving average support and resistance bands. Price closed the week above support.
Resistance: 11w EMA & 24/26w SMAs @ $65.43-$76.42
ASTS @ $58.52
Support: 109/125w EMAs @ $53.91-$57.15
After staging a multi-week bounce off its weekly moving average support, Jumia Technologies $JMIA kisses its MA resistance triad and moves away to take a breather.
Resistance: 43/44w EMAs & 279w SMA @ $7.50-$7.58
JMIA @ $6.95
Support: 166/203/206w SMAs @ $5.55-$6.01
Nokia Oyj $NOK ($10.39) prints a red candle, however, it was all above its previously-broken weekly moving average resistance cluster (9/10/11-week SMAs @ $10.10-$10.21).
There's some price struggle around the cluster, but in the last 3 weeks, bulls came out on top.
Nokia Oyj $NOK handles last week's volatility well; after revisiting its weekly moving average (ex) resistance cluster, it manages to - once again - close above it.