US Tech Stocks Slide Amid Global Chip Sell-Off

The news headline indicates that a global wave of chip selling is negatively impacting technology stocks, which could create short-term pressure on AAPL. Technical indicators are giving mixed signals: the RSI at 65 is approaching overbought territory but is not yet at dangerous levels, while the MACD maintains its upward trend. The last closing price of $336.92 is above the 20-day and 50-day moving averages, providing strong support. However, the selling pressure generated by the news may lead to a test of these support levels in the short term. Therefore, a bearish outlook seems more likely, although the strength of the technical structure suggests any decline may be limited.

Amazon (AMZN) closed at $231.36, down 4.8% in the last 24 hours, with its Relative Strength Index (RSI) approaching oversold territory at 33.7. The MACD line remains below the signal line and in negative territory, confirming weak momentum. The stock is trading below its 20-day SMA ($232.82) and 50-day SMA ($241.45), indicating a short-term downtrend. News headlines highlight that a global wave of chip selling is negatively impacting technology stocks. Therefore, the likelihood of the downward trend continuing in the short term is high.

The headline indicates that a global wave of chip selling is negatively impacting technology stocks, which could create selling pressure for GOOGL. Technical indicators also point to weakness: the RSI at 44.9 is below the neutral zone, and while the MACD is below zero but above its signal line, momentum remains weak. Although the price closed above the 20-day SMA (322.18), it is well below the 50-day SMA (337.70), limiting the potential for a short-term recovery. The 5.7% decline over the past 24 hours suggests that selling pressure may persist. The short-term downtrend is expected to continue, but caution is advised as the stock has not yet entered oversold territory.

The headline points to a broad sell-off pressure in the technology sector, which could negatively impact MSFT stock. Technical indicators are sending mixed signals: the RSI is neutral at 51, the MACD line is above the signal line, but the price is below the 50-day moving average. In the short term, selling pressure is likely to persist, although support may be found near the 20-day moving average. Therefore, a mildly bearish outlook appears reasonable.