{"id":4093,"date":"2024-10-25T18:03:24","date_gmt":"2024-10-25T18:03:24","guid":{"rendered":"https:\/\/investingsstrategist.com\/index.php\/2024\/10\/25\/top-stock-gainers-and-losers-pct-29-59-iclr-21-03\/"},"modified":"2024-10-25T18:03:24","modified_gmt":"2024-10-25T18:03:24","slug":"top-stock-gainers-and-losers-pct-29-59-iclr-21-03","status":"publish","type":"post","link":"https:\/\/investingsstrategist.com\/index.php\/2024\/10\/25\/top-stock-gainers-and-losers-pct-29-59-iclr-21-03\/","title":{"rendered":"Top Stock Gainers And Losers: PCT +29.59%, ICLR -21.03%"},"content":{"rendered":"
\n

Top Gainers<\/h2>\n

Symbol
\nCompany Name
\nPrice
\nChange
\nChange %<\/p>\n

PCT
\nPureCycle Technologies, Inc.\u00a0
\n14.30
\n+3.26
\n+29.59%<\/p>\n

QS
\nQuantumSpace Corporation\u00a0
\n6.50
\n1.32
\n+25.48%<\/p>\n

TSLA
\nTesla, Inc.
\n260.48
\n+46.83
\n+21.92%<\/p>\n

VKTX
\nViking Therapeutics, Inc.
\n73.22
\n+12.83
\n+21.25%<\/p>\n

CLS
\nCelestica Inc.\u00a0
\n67.94
\n+10.47
\n+17.67%<\/p>\n

Top Losers<\/h2>\n

Symbol
\nCompany Name
\nPrice
\nChange
\nChange %<\/p>\n

ICLR
\nICON Public Limited Company\u00a0
\n221.73
\n-59.03
\n-21.03%<\/p>\n

WEX
\nWEX Inc.\u00a0
\n181.13
\n-31.91
\n-14.98%<\/p>\n

NEM
\nNewmont Corporation\u00a0
\n49.25
\n-8.39
\n-14.70%<\/p>\n

PI
\nImpinj, Inc.
\n192.21
\n-30.25
\n-13.60%<\/p>\n

FCN\u00a0
\nFTI Consulting, Inc.\u00a0
\n89.73
\n-10.20
\n-10.21%<\/p>\n

\u00a0<\/p>\n

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.\u00a0<\/span><\/p>\n

NYSE Composite: +138.83 (+0.76%)<\/strong>
\nDow Jones: -140.59 (-0.33%)<\/strong>
\nS&P 500: +12.44 (+0.21%)<\/strong><\/p>\n

#1 Gainer: PCT Stock<\/strong><\/h2>\n

PureCycle Technologies Inc. (NASDAQ: PCT) stock<\/span> 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. <\/span><\/p>\n

Traders and investors are keeping high hopes for upcoming Q3 2024 results<\/a> as the company announces its third quarter 2024 corporate update conference call, which has been scheduled for 7th November 2024.\u00a0<\/span><\/p>\n

The conference includes live Q&A sessions for analysts followed by investor questions, which have been submitted in advance to investorsquestion@purecycle.com.<\/span><\/p>\n

PCT\/USD 15-Minute Chart<\/em><\/p>\n

Before concluding on to Q3 2024 results, let\u2019s 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.\u00a0<\/span><\/p>\n

Looking at stock on a weekly timeframe, we can see that the price took a reversal from the resistance zone, and RSI<\/a> 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.<\/span><\/p>\n

#1 Loser: ICLR Stock<\/strong><\/h2>\n

ICON Public Limited Company (NASDAQ: ICLR<\/a>) stock faced a major decline of 21.03% as the company was unable to achieve Q3 2024 returns<\/a> by 5.12%. Zack\u2019s 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%.\u00a0<\/span><\/p>\n

Consistent growth in the company and its price just added about 0.2% compared to gains of the S&P 500<\/a>, which is 22.7%<\/span><\/p>\n

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.\u00a0<\/span><\/p>\n<\/p>\n

ICLR\/USD 15-Minute Chart<\/em><\/p>\n

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.\u00a0<\/span><\/p>\n

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.\u00a0<\/span><\/p>\n

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.\u00a0<\/span><\/em>
\nIf 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.\u00a0<\/span><\/em><\/p>\n

The post Top Stock Gainers And Losers: PCT +29.59%, ICLR -21.03%<\/a> appeared first on FinanceBrokerage<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Top Gainers Symbol Company Name Price Change Change % PCT PureCycle Technologies, Inc.\u00a0 14.30 +3.26 +29.59% QS QuantumSpace Corporation\u00a0 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.\u00a0 67.94 +10.47 +17.67% Top Losers Symbol Company Name Price Change Change % ICLR ICON Public Limited Company\u00a0 […]<\/p>\n","protected":false},"author":0,"featured_media":4094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/4093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/comments?post=4093"}],"version-history":[{"count":0,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/4093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media\/4094"}],"wp:attachment":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media?parent=4093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/categories?post=4093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/tags?post=4093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}