<p>上周，美国主要股指创下历史新高，市场寄希望于美联储在九月份最终实现降息。然而，这一反弹似乎远高于你对可能的 25 个基点降息的预期，这是美联储下个月最可能采取的措施。</p>
<p>对于投资者来说，这样的时刻提供了一个很好的机会来审视他们的持股，并识别出可能被过度扩张的赢家。因此，让我们看看识别这种股票的最佳方法。</p>
<h2><strong><em>劳动节周末：节省 1000 美元或永远多花</em></strong></h2>
<p><em>周一之后，同样的系统价格将上涨 1000 美元。Matt Maley 最近的大赢家显示了为什么会员年复一年地留在这里。获取实时交易警报 + 专业退出策略。</em></p>
<p><em>这个周末节省 1000 美元</em></p>
<p>识别潜在短期回调的一种方法是移动平均收敛发散指标，更广为人知的缩写是 MACD。MACD 是一种动量振荡器，类似于相对强弱指数（RSI），但它使用 12 日和 26 日的指数移动平均线来衡量趋势强度，然后使用 9 日 EMA（称为信号线）来测量两者之间的背离。</p>
<p>这些数据点被绘制在直方图上，随着趋势强度的变化而增长和缩小。当这些 EMA 交叉时，视趋势方向而定，这被视为看跌或看涨信号。</p>
<p>今天，我们将关注五只在过去三个月中取得显著收益的股票，这些股票在 MACD 上发出了看跌交叉信号，表明可能是获利了结的时机。</p>
<h2>Lam Research Corp.</h2>
<p><strong>Lam Research</strong> LRCX 一直是半导体行业的 “挖掘与铲子” 投资，因为它为全球客户提供关键的晶圆制造设备，包括刻蚀和沉积，客户包括三星、英特尔和美光。该公司在 7 月 30 日发布了令人印象深刻的业绩，营收和每股收益均超出预期，EPS 数字比分析师预期高出 10%。Lam Research 还连续四个季度提高了毛利率。LRCX 可能具有很大的长期潜力，但技术信号开始显示动量减弱。</p>
<p>本月早些时候，MACD 出现了看跌交叉，股票一直徘徊在自解除解放日关税以来用作支撑的趋势线附近。动量正在减弱，MACD 上开始显现出疲软。LAM 的投资者在本月早些时候在业绩上涨后获利了结，现在股票处于十字路口。从这里进一步下跌并不令人惊讶。</p>
<h2>Arista Networks Inc.</h2>
<p><strong>Arista Networks</strong> ANET 是另一家与 AI 相关的公司，为 Meta 和微软等超大规模客户提供以太网设备和软件解决方案。该股票在过去三个月上涨了 45%，并且每个季度都持续发布强劲的业绩。但与大多数 AI 投资一样，ANET 的预期很高，股票的市盈率为 52.25，暗示其被高估。</p>
<p>看跌的技术信号也开始出现。看跌的 MACD 交叉在经历了连续两个月强劲的上升动量后于上周形成，RSI 在突破趋势线之前达到了超买区域。与 LRCX 一样，该股票在 8 月 6 日的业绩发布后获得了上涨，但现在随着动量减弱，获利了结正在进行。</p>
<h2>Newmont Corp.</h2>
<p><strong>Newmont</strong> NEM 是全球最大的黄金矿业公司，拥有 17 个不同的矿业项目。该公司每年销售数百万盎司黄金，市值超过 770 亿美元。黄金矿业并不是 2025 年最突出的投资主题，但 Newmont 的股票年初至今上涨了 91%（YTD），其中仅在过去三个月内就上涨了 32%。该公司 2025 年第二季度的业绩发布显示，EPS 超出预期超过 27%，其 53.2 亿美元的收入轻松超过预期的 49.3 亿美元。然而，日线图上现在出现了三大红旗，投资者应当引起注意。</p>
<p>第一个是日线价格走势中的看跌楔形，特征是高点逐渐上升但高点停滞。价格走势在另外两个可靠的技术信号上得到了确认：看跌的 MACD 交叉和 RSI 在突破 70 时发出的超买信号。该股票自 2022 年 3 月以来首次突破 70 美元，但 NEM 股票的历史充满了巨大的波动性。如果股票在这里回调，可能不仅仅是轻微的修正。</p>
<h2>Shopify Inc.</h2>
<p><strong>Shopify</strong> SHOP 是加拿大最著名的上市公司之一，市值 1820 亿美元，年销售额达 100 亿美元。SHOP 股票在后关税反弹后一直在狭窄区间内交易，但强劲的 2025 年第二季度业绩发布导致单日上涨近 20%，最终突破了自 5 月初以来一直存在的阻力位。然而，尽管业绩超出预期，且分析师对该股票的多个目标价进行了上调，但价格在随后的 10 个交易日中有 8 个交易日下跌，回归到之前的交易区间。</p>
<p>如果 MACD 有任何指示，股票可能在达到底部之前还有进一步下跌的空间。看跌交叉在业绩上涨后立即出现，随着动量减弱和成交量减少。该股票的估值越来越高，目前市盈率超过 78，投资者可能在业绩大幅增长后获利了结。该股票仍需再下跌 10 美元才能找到之前的支撑位，因此下行压力可能会继续。</p>
<h2>Aurora Innovation Inc.</h2>
<p><strong>Aurora Innovation</strong> AUR 在 2025 年迄今为止经历了波动，目前股价下跌了 5%。该公司开发用于自动驾驶汽车的自驾技术，仍处于初期阶段。该公司的市值为 110 亿美元，年销售额仅为 6800 万美元，去年总共亏损约 7 亿美元。Aurora 可能需要时间才能实现盈利（如果能实现的话），因此其股价波动非常剧烈。</p>
<p>该股票在 2 月份短暂突破 10 美元，随后经历了急剧回调，5 月份时又突破 8 美元，接着再次大幅下跌。之前的下跌前出现了看跌的 MACD 交叉，而上周图表上再次出现了这种情况。自 7 月初以来，股价一直处于上升楔形模式，但这个看跌的 MACD 信号应该让投资者关注楔形底部的支撑位。如果这个支撑位失守，可能会出现另一次快速下跌。</p>
<p><em>来自我们专家贡献者的编辑内容旨在为公众提供信息，而非个性化投资建议。编辑/贡献者呈现他们的个人观点和策略，这些观点和策略并未被 Benzinga 明示或暗示地批准或认可。</em></p>
<p><em>照片来源：Shutterstock</em></p>

纽蒙特矿业

泛林集团

SHOP

ANET

<p>主要的美国股票指数创下历史新高，主要受到市场对美联储降息预期的推动。然而，一些股票可能已经过度上涨，促使投资者重新审视持仓。MACD 指标显示五只表现突出的股票可能面临回调：拉姆研究、Arista Networks、纽蒙特矿业和 Shopify。每只股票都显示出显著的涨幅，但现在出现了看跌信号，表明投资者可能需要在动能转变之前获利了结</p>

<p>Major U.S. stock indices rose to new all-time highs last week on the hopes of finally securing a rate cut from the Federal Reserve in September. However, the rally seems much higher than you’d expect from a possible 25-basis-point cut, which is the most the Fed is likely to do next month.</p>
<div class="lb-trans"><p>上周，美国主要股指创下历史新高，市场寄希望于美联储在九月份最终实现降息。然而，这一反弹似乎远高于你对可能的 25 个基点降息的预期，这是美联储下个月最可能采取的措施。</p>
</div><p>For investors, moments like this provide a good opportunity to review their holdings and identify any winners that might have gotten overextended. So let’s take a look at the best way to identify that type of stock.</p>
<div class="lb-trans"><p>对于投资者来说，这样的时刻提供了一个很好的机会来审视他们的持股，并识别出可能被过度扩张的赢家。因此，让我们看看识别这种股票的最佳方法。</p>
</div><h2><strong><em>Labor Day Weekend: Save $1000 Or Pay More Forever</em></strong></h2>
<div class="lb-trans"><h2><strong><em>劳动节周末：节省 1000 美元或永远多花</em></strong></h2>
</div><p><em>After Monday, same system costs $1000 more. Matt Maley's recent big winners show why members stay year after year. Get real-time trade alerts + professional exit strategies.</em></p>
<div class="lb-trans"><p><em>周一之后，同样的系统价格将上涨 1000 美元。Matt Maley 最近的大赢家显示了为什么会员年复一年地留在这里。获取实时交易警报 + 专业退出策略。</em></p>
</div><p><em>Save $1000 This Weekend</em></p>
<div class="lb-trans"><p><em>这个周末节省 1000 美元</em></p>
</div><p>One method of identifying potential short-term pullbacks is the Moving Average Convergence Divergence indicator, better known by its acronym MACD. The MACD is a momentum oscillator similar to the Relative Strength Index (RSI), but it uses the 12- and 26-day exponential moving averages to gauge trend strength, and then a 9-day EMA (called the signal line) to measure divergences between the two.</p>
<div class="lb-trans"><p>识别潜在短期回调的一种方法是移动平均收敛发散指标，更广为人知的缩写是 MACD。MACD 是一种动量振荡器，类似于相对强弱指数（RSI），但它使用 12 日和 26 日的指数移动平均线来衡量趋势强度，然后使用 9 日 EMA（称为信号线）来测量两者之间的背离。</p>
</div><p>These data points are plotted on a histogram, which grows and shrinks as trend strength changes. When these EMAs cross, it’s considered a bearish or bullish signal, depending on the direction of the trend.</p>
<div class="lb-trans"><p>这些数据点被绘制在直方图上，随着趋势强度的变化而增长和缩小。当这些 EMA 交叉时，视趋势方向而定，这被视为看跌或看涨信号。</p>
</div><p>Today, we'll look at five stocks that have posted significant gains over the last three months that have made bearish cross signals on the MACD, indicating that it might be time to take profits before a change in momentum.</p>
<div class="lb-trans"><p>今天，我们将关注五只在过去三个月中取得显著收益的股票，这些股票在 MACD 上发出了看跌交叉信号，表明可能是获利了结的时机。</p>
</div><h2>Lam Research Corp.</h2>
<div class="lb-trans"><h2>Lam Research Corp.</h2>
</div><p><strong>Lam Research</strong> LRCX has been a &#34;picks and shovels&#34; play in the semiconductor industry, as it provides crucial wafer fabrication equipment, including etch and deposition, to global clients such as Samsung, Intel, and Micron. The company posted an impressive top- and bottom-line earnings beat on July 30, including an EPS figure that came in 10% higher than analysts' expectations. Lam Research has also boosted gross margins for four consecutive quarters. LRCX likely has plenty of long-term potential, but technical signals are starting to show waning momentum.</p>
<div class="lb-trans"><p><strong>Lam Research</strong> LRCX 一直是半导体行业的 “挖掘与铲子” 投资，因为它为全球客户提供关键的晶圆制造设备，包括刻蚀和沉积，客户包括三星、英特尔和美光。该公司在 7 月 30 日发布了令人印象深刻的业绩，营收和每股收益均超出预期，EPS 数字比分析师预期高出 10%。Lam Research 还连续四个季度提高了毛利率。LRCX 可能具有很大的长期潜力，但技术信号开始显示动量减弱。</p>
</div><p>A bearish cross on the MACD formed earlier this month, and the stock has been hovering near the trendline it has used for support since the removal of the Liberation Day tariffs. Momentum has been fading, and weakness is beginning to become evident on the MACD. LAM investors took profits earlier this month following the earnings bump, and now the stock is at a crossroads. More downside from here would not be surprising.</p>
<div class="lb-trans"><p>本月早些时候，MACD 出现了看跌交叉，股票一直徘徊在自解除解放日关税以来用作支撑的趋势线附近。动量正在减弱，MACD 上开始显现出疲软。LAM 的投资者在本月早些时候在业绩上涨后获利了结，现在股票处于十字路口。从这里进一步下跌并不令人惊讶。</p>
</div><h2>Arista Networks Inc.</h2>
<div class="lb-trans"><h2>Arista Networks Inc.</h2>
</div><p><strong>Artista Networks</strong> ANET is another AI-adjacent company that provides Ethernet equipment and software solutions to hyperscalers like Meta and Microsoft. The stock is up 45% over the last three months, and continues to post strong earnings quarter after quarter. But like most AI plays, the expectations for ANET are high, and the stock's P/E ratio of 52.25 hints at overvaluation.</p>
<div class="lb-trans"><p><strong>Arista Networks</strong> ANET 是另一家与 AI 相关的公司，为 Meta 和微软等超大规模客户提供以太网设备和软件解决方案。该股票在过去三个月上涨了 45%，并且每个季度都持续发布强劲的业绩。但与大多数 AI 投资一样，ANET 的预期很高，股票的市盈率为 52.25，暗示其被高估。</p>
</div><p>Bearish technical signals are also starting to appear. The bearish MACD cross materialized last week after two straight months of strong upward momentum, and the RSI reached Overbought territory before breaking down through a trendline. Like LRCX, the stock received a post-earnings bump on August 6, but now profit-taking is underway as momentum fades.</p>
<div class="lb-trans"><p>看跌的技术信号也开始出现。看跌的 MACD 交叉在经历了连续两个月强劲的上升动量后于上周形成，RSI 在突破趋势线之前达到了超买区域。与 LRCX 一样，该股票在 8 月 6 日的业绩发布后获得了上涨，但现在随着动量减弱，获利了结正在进行。</p>
</div><h2>Newmont Corp.</h2>
<div class="lb-trans"><h2>Newmont Corp.</h2>
</div><p><strong>Newmont</strong> NEM is the largest gold miner on the planet, with 17 different mining operations in its portfolio. The company sells millions of ounces of gold annually, and its stock has a market capitalization exceeding $77 billion. Gold miners haven't been the most prominent investment theme of 2025, but Newmont's stock is up 91% year-to-date (YTD), including a 32% run in the last three months alone. The company's Q2 2025 earnings release saw EPS beat expectations by more than 27%, and its $5.32 billion in revenue easily beat the anticipated $4.93 billion. However, a trio of red flags has now appeared on the daily chart, and investors would be wise to take heed.</p>
<div class="lb-trans"><p><strong>Newmont</strong> NEM 是全球最大的黄金矿业公司，拥有 17 个不同的矿业项目。该公司每年销售数百万盎司黄金，市值超过 770 亿美元。黄金矿业并不是 2025 年最突出的投资主题，但 Newmont 的股票年初至今上涨了 91%（YTD），其中仅在过去三个月内就上涨了 32%。该公司 2025 年第二季度的业绩发布显示，EPS 超出预期超过 27%，其 53.2 亿美元的收入轻松超过预期的 49.3 亿美元。然而，日线图上现在出现了三大红旗，投资者应当引起注意。</p>
</div><p>The first is a bearish wedge on the daily price action, characterized by higher lows but stagnant highs. The price action is confirmed on two other reliable technical signals: a bearish MACD cross and an Overbought signal on the RSI as it ticks above 70. The stock is above $70 for the first time since March 2022, but the history of NEM shares has been marked by massive volatility. If the stock has a pullback here, it might be more than a slight correction.</p>
<div class="lb-trans"><p>第一个是日线价格走势中的看跌楔形，特征是高点逐渐上升但高点停滞。价格走势在另外两个可靠的技术信号上得到了确认：看跌的 MACD 交叉和 RSI 在突破 70 时发出的超买信号。该股票自 2022 年 3 月以来首次突破 70 美元，但 NEM 股票的历史充满了巨大的波动性。如果股票在这里回调，可能不仅仅是轻微的修正。</p>
</div><h2>Shopify Inc.</h2>
<div class="lb-trans"><h2>Shopify Inc.</h2>
</div><p><strong>Shopify</strong> SHOP is one of Canada's most prominent public companies, with a market capitalization of $182 billion and annual sales of $10 billion. SHOP shares had been trading in a tight range following the post-tariff rally, but a strong Q2 earnings release resulted in a single-day gain of nearly 20%, finally breaking the stock above the resistance level that had been in place since early May. However, despite the earnings beat and numerous price target increases from analysts covering the stock, the price declined for eight of the subsequent 10 sessions, reverting to the previous trading range.</p>
<div class="lb-trans"><p><strong>Shopify</strong> SHOP 是加拿大最著名的上市公司之一，市值 1820 亿美元，年销售额达 100 亿美元。SHOP 股票在后关税反弹后一直在狭窄区间内交易，但强劲的 2025 年第二季度业绩发布导致单日上涨近 20%，最终突破了自 5 月初以来一直存在的阻力位。然而，尽管业绩超出预期，且分析师对该股票的多个目标价进行了上调，但价格在随后的 10 个交易日中有 8 个交易日下跌，回归到之前的交易区间。</p>
</div><p>If the MACD is any indication, the stock may have further to fall before reaching its bottom. A bearish crossover on the MACD immediately followed the post-earnings bump as momentum faded and volume dried up. The stock has become increasingly overvalued, now sporting a P/E ratio above 78, and investors may be taking profits following the earnings blowout. The stock still needs to drop another $10 to find the previous support level, so the downward pressure could continue from here.</p>
<div class="lb-trans"><p>如果 MACD 有任何指示，股票可能在达到底部之前还有进一步下跌的空间。看跌交叉在业绩上涨后立即出现，随着动量减弱和成交量减少。该股票的估值越来越高，目前市盈率超过 78，投资者可能在业绩大幅增长后获利了结。该股票仍需再下跌 10 美元才能找到之前的支撑位，因此下行压力可能会继续。</p>
</div><h2>Aurora Innovation Inc.</h2>
<div class="lb-trans"><h2>Aurora Innovation Inc.</h2>
</div><p><strong>Aurora Innovation</strong> AUR has had a rocky 2025 so far, and is actually down 5% YTD. The company develops self-driving technology for autonomous vehicles, which is still in its Wild West stages. The company, with a $11 billion market capitalization, has only $68 million in annual sales and lost approximately $700 million in total last year. It's likely going to take time for Aurora to turn a profit (if ever), and its stock has been very volatile as a result.</p>
<div class="lb-trans"><p><strong>Aurora Innovation</strong> AUR 在 2025 年迄今为止经历了波动，目前股价下跌了 5%。该公司开发用于自动驾驶汽车的自驾技术，仍处于初期阶段。该公司的市值为 110 亿美元，年销售额仅为 6800 万美元，去年总共亏损约 7 亿美元。Aurora 可能需要时间才能实现盈利（如果能实现的话），因此其股价波动非常剧烈。</p>
</div><p>The stock briefly topped $10 in February before experiencing a sharp pullback, and then $8 in May, followed by another sharp decline. A bearish MACD cross preceded the previous decline, and that's just what appeared on the chart again last week. The share price has been stuck in a rising wedge pattern since the start of July, but this bearish MACD signal should have investors watching the support level at the bottom of the wedge. If this level gives way, another rapid decline could follow.</p>
<div class="lb-trans"><p>该股票在 2 月份短暂突破 10 美元，随后经历了急剧回调，5 月份时又突破 8 美元，接着再次大幅下跌。之前的下跌前出现了看跌的 MACD 交叉，而上周图表上再次出现了这种情况。自 7 月初以来，股价一直处于上升楔形模式，但这个看跌的 MACD 信号应该让投资者关注楔形底部的支撑位。如果这个支撑位失守，可能会出现另一次快速下跌。</p>
</div><p><em>Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.</em></p>
<div class="lb-trans"><p><em>来自我们专家贡献者的编辑内容旨在为公众提供信息，而非个性化投资建议。编辑/贡献者呈现他们的个人观点和策略，这些观点和策略并未被 Benzinga 明示或暗示地批准或认可。</em></p>
</div><p><em>Photo: Shutterstock</em></p>
<div class="lb-trans"><p><em>照片来源：Shutterstock</em></p>
</div>

5 High-Flying Stocks Set For A Pullback

- 美国主要股指上周创下历史新高，因市场期待美联储降息。  
- 多只股票在过去三个月大幅上涨，MACD 指标显示可能出现回调。  
- 投资者应关注技术信号，及时获利了结以应对潜在的动量变化。

5 只表现优异的股票面临回调