US equity fund inflows hit three-week high on chipmaker demand

The news headline indicates that inflows into US equity funds have hit a three-week high, driven by increased demand for chip manufacturers. Although GOOGL is not directly tied to the semiconductor sector, it reflects a broader uptick in interest for technology stocks. On the technical indicators, the RSI at 48 is in neutral territory, while the MACD is below the signal line but positive, suggesting short-term upside potential. While the price trading below the SMA20 signals weakness, staying above the SMA50 maintains medium-term support. The 3% rise over the last 24 hours confirms positive momentum.

The news headline indicates that increasing demand for chip manufacturers has pushed inflows into US equity funds to a three-week high. This can be interpreted as a positive fund flow signal for semiconductor stocks such as NVDA. On the technical indicators, the RSI stands at 51.97, in neutral territory, while the MACD remains below the signal line but retains a positive value. Although the price closing just below the 20-day SMA (229.89) creates short-term resistance, the 4.62% rise in the last 24 hours and the price staying above the 50-day SMA (221.63) suggest upward momentum. Overall, the news flow and technical structure support short-term upside potential, but caution is warranted due to the MACD divergence and the SMA20 resistance.

AMD shares have lost 1.5% in the last 24 hours, with the RSI approaching the oversold zone at 40.7. The MACD line remains below the signal line and in negative territory, indicating weak short-term momentum. The stock is trading below both its 20-day (443) and 50-day (440) moving averages, presenting a technically weak outlook. Although a positive demand signal for the sector emerged in the news, the weakness in technical indicators supports a bearish trend in the short term. Therefore, the likelihood of continued downward movement in the near term is higher.

The news headline indicates that increasing demand for chip manufacturers has pushed inflows into US equity funds to a three-week high. This could create a positive sectoral tailwind for semiconductor companies such as TSM. Technically, the RSI is in neutral territory at 48.5, and although the MACD is below the signal line, the price trading near the SMA20 and SMA50 suggests potential for a short-term recovery. The 3.77% rise in the last 24 hours indicates momentum turning positive. However, the MACD remaining below the signal line and the price being only slightly above the SMA20 suggest that the upside may be limited.