• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Top Stock Gainers And Losers: PCT +29.59%, ICLR -21.03%
Economy

Top Stock Gainers And Losers: PCT +29.59%, ICLR -21.03%

by October 25, 2024
by October 25, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Top Gainers

Symbol
Company Name
Price
Change
Change %

PCT
PureCycle Technologies, Inc. 
14.30
+3.26
+29.59%

QS
QuantumSpace Corporation 
6.50
1.32
+25.48%

TSLA
Tesla, Inc.
260.48
+46.83
+21.92%

VKTX
Viking Therapeutics, Inc.
73.22
+12.83
+21.25%

CLS
Celestica Inc. 
67.94
+10.47
+17.67%

Top Losers

Symbol
Company Name
Price
Change
Change %

ICLR
ICON Public Limited Company 
221.73
-59.03
-21.03%

WEX
WEX Inc. 
181.13
-31.91
-14.98%

NEM
Newmont Corporation 
49.25
-8.39
-14.70%

PI
Impinj, Inc.
192.21
-30.25
-13.60%

FCN 
FTI Consulting, Inc. 
89.73
-10.20
-10.21%

 

In the first few hours of the trading session, the market showed a bullish momentum but failed to sustain at a higher level and came down and made a sideways closing. 

NYSE Composite: +138.83 (+0.76%)
Dow Jones: -140.59 (-0.33%)
S&P 500: +12.44 (+0.21%)

#1 Gainer: PCT Stock

PureCycle Technologies Inc. (NASDAQ: PCT) stock turned out to be the top gainer after delivering +29.59% returns on Thursday (24-Oct-2024) trading session. Traders made strong positions after buying 16,675 call options, which is 116% more than the usual 7,735 call options.

Traders and investors are keeping high hopes for upcoming Q3 2024 results as the company announces its third quarter 2024 corporate update conference call, which has been scheduled for 7th November 2024. 

The conference includes live Q&A sessions for analysts followed by investor questions, which have been submitted in advance to investorsquestion@purecycle.com.

PCT/USD 15-Minute Chart

Before concluding on to Q3 2024 results, let’s look into the technical aspect of the stock. On the 24th Oct 2024 trading session, the PCT stock gave +29.59% returns and took rejection exactly from $14.65 on multiple time frames like 5min, 15min, 1hr, 1 day and 1 week, indicating the strength of the resistance. 

Looking at stock on a weekly timeframe, we can see that the price took a reversal from the resistance zone, and RSI indicates the same over-bought scenario. A buying opportunity will trigger once the $15.98 level breaks, and prices come to retest the level. We can plan an entry on healthy buying candles with targets of $23.35 and a stop-loss of $12.

#1 Loser: ICLR Stock

ICON Public Limited Company (NASDAQ: ICLR) stock faced a major decline of 21.03% as the company was unable to achieve Q3 2024 returns by 5.12%. Zack’s consensus Estimated $3.85 per share, but the company was able to reach $3.35 per share. Compared to quarter age, the present earning comes to -12.99%. 

Consistent growth in the company and its price just added about 0.2% compared to gains of the S&P 500, which is 22.7%

Though there is no major decline in earnings as of present, earning comes to $2.03 billion compared to $2.06 billion a year ago. However not able to achieve the expected returns, the company faced major selling on 24th Oct 2024. 

ICLR/USD 15-Minute Chart

Fundamentally, the stock is still not weak. Looking at technical aspects on a weekly time frame, the company has been on an uptrend for a long time. Price broke the support trendline on 9th September, and from then, the price was moving sideways, indicating weak buyers. 

On 24th Oct 2024, major selling was triggered, bringing the price to its support level of $221.73. Currently, looking at the price-only selling scenario will trigger two situations. 

If the price continues to fall and crosses the 221.73 level, then wait for the level to retest and then make an entry with the target of $185, as RSI is in the oversold situation, and the price can come for SL hunting. 
If the price reverses from the 221.73 level, as the RSI will cool off, then wait for the price to break the $221.73 level and if, during that time RSI is between 40-30, then plan an entry with the target of $185. 

The post Top Stock Gainers And Losers: PCT +29.59%, ICLR -21.03% appeared first on FinanceBrokerage.

You Might Also Like
  • Biden endorses Kamala Harris after bowing out of 2024 race
  • Ripple and Tron: Ripple faces new resistance on Thursday
  • Devon Archer torpedoes Biden camp’s defense of controversial dinner with Burisma exec
  • Ukraine is officially America’s new forever war. President Biden, how does this end?
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Sanofi Stock Report: 14.4% Income Growth Amid Restructuring
next post
PMO SELL Signals on All Indexes But One

You may also like

McCarthy says Biden dragging his feet on debt ceiling: ‘They...

May 12, 2023

UN teachers celebrated Oct. 7 attack, praised Hamas terrorists as...

January 12, 2024

NY v. Trump: Judge reveals Facebook post implying juror discussed...

June 8, 2024

Pence announces he’s reached donor threshold to qualify for first...

August 8, 2023

Jill Biden leaves France for Hunter’s Delaware trial, returns to...

June 9, 2024

Coca-Cola quietly deletes language supporting BLM after Ted Cruz calls...

October 21, 2023

Ex-New York Gov Andrew Cuomo to face House GOP committee...

June 11, 2024

UFOs soar from taboo to presidential: ‘Time has come to...

June 17, 2024

Whatever happened to Venezuela’s opposition movement?

January 18, 2023

Alibaba Stock Rises 5% in Premarket

November 15, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025
    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,631 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,919 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,607 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,577 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,450 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters...

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    ApeCoin and Akita Inu: New Daily...

    October 9, 2024

    Biden nominee for Croatia diplomat is...

    September 22, 2023

    CBDC in the USA: Not Now,...

    December 13, 2022
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here