Guidewire Software Secures An All-Time High
Good afternoon. Welcome to Trends with No Friends.
For those just joining us, here’s an overview…
Trends With No Friends sifts through the noise and discovers stocks above $1B market cap with high relative strength and low social following.
Why is this combination important?
Stocks that are outperforming tend to continue to outperform. Stocks that have a low social following are, by definition, undiscovered by the crowd. Stocks that have both Relative Strength and Low Social Following can really outperform as more investors discover them.
They are ripe to rip.
Markets were mixed. The Nasdaq Composite carried +0.88%. The Russell 2000 and Dow dipped -0.30%.
Technology advanced +1.86%. Financials fell -1.14%.
New 52-Week Lows led New Highs — 53 vs. 47.
The Worst of the Worst
Teladoc Health ($TDOC) is the worst of the worst. The telehealth service provider tumbled -2.06% and closed at its lowest price since May 2016.
Here’s the daily chart.
And monthly chart.
$TDOC has 39,036 followers on Stocktwits.
Li Auto ($LI) is a notable new low. The Chinese EV unplugged -1.95% and closed at its lowest price since December 2022.
Here’s the daily chart.
And weekly chart.
$LI has 31,635 followers on Stocktwits.
Paycom Software ($PAYC) is a notable new low. The HR SaaS provider stumbled -1.99% and closed at its lowest price since January 2019.
Here’s the daily chart.
And weak weekly chart.
$PAYC has 6,075 followers on Stocktwits.
The Best of the Best
Iris Energy ($IREN) is the best of the best. The Bitcoin miner and AI cloud service provider surged +19.79% and closed at its highest price since April 2022.
Here’s the daily chart.
And weekly chart.
$IREN has 4,636 followers on Stocktwits.
Core Scientific ($CORZ) is a notable new high. The bitcoin miner marched +6.09% and closed at an all-time high.
Here’s the daily chart.
$CORZ has 6,873 followers on Stocktwits.
Guidewire Software ($GWRE) is a notable new high. The insurance software provider propelled +2.87% and closed at an all-time high.
Here’s the daily chart.
And monster monthly chart.
$GWRE has 1,162 followers on Stocktwits.
52-Week Lows
52-Week Highs
And follow the Trends with No Friends Index here.
Riley’s Recommendations
Here are a few sweet links curated by Riley…
Paris-Based AI Startup Mistral AI Raises $640M
GM Gives Cruise $850M Lifeline as it Relaunched Robotaxis in Houston
Artist Leslie Wayne Depicts Voyages Over The American West in Exhibition “This Land”
Athenian Pizza Restaurant’s Retro Interior Evokes Edward Hopper’s Famous Diner Scenes
Sci-Fi Documentary Les Matérialistes Envisions a Future Circular Economy in Construction
“Longest Cable-Stayed Bridge” in North America Nears Completion Above Detroit River
SpaceX’s New $100 Million ‘Starfactory’ Plans to Build One Rocket Every Day
Open to Feedback
Enjoying Popularity + Price?
