<p>上週，美國主要股指創下歷史新高，市場寄希望於美聯儲在九月份最終實現降息。然而，這一反彈似乎遠高於你對可能的 25 個基點降息的預期，這是美聯儲下個月最可能採取的措施。</p>
<p>對於投資者來説，這樣的時刻提供了一個很好的機會來審視他們的持股，並識別出可能被過度擴張的贏家。因此，讓我們看看識別這種股票的最佳方法。</p>
<h2><strong><em>勞動節週末：節省 1000 美元或永遠多花</em></strong></h2>
<p><em>週一之後，同樣的系統價格將上漲 1000 美元。Matt Maley 最近的大贏家顯示了為什麼會員年復一年地留在這裏。獲取實時交易警報 + 專業退出策略。</em></p>
<p><em>這個週末節省 1000 美元</em></p>
<p>識別潛在短期回調的一種方法是移動平均收斂發散指標，更廣為人知的縮寫是 MACD。MACD 是一種動量振盪器，類似於相對強弱指數（RSI），但它使用 12 日和 26 日的指數移動平均線來衡量趨勢強度，然後使用 9 日 EMA（稱為信號線）來測量兩者之間的背離。</p>
<p>這些數據點被繪製在直方圖上，隨着趨勢強度的變化而增長和縮小。當這些 EMA 交叉時，視趨勢方向而定，這被視為看跌或看漲信號。</p>
<p>今天，我們將關注五隻在過去三個月中取得顯著收益的股票，這些股票在 MACD 上發出了看跌交叉信號，表明可能是獲利了結的時機。</p>
<h2>Lam Research Corp.</h2>
<p><strong>Lam Research</strong> LRCX 一直是半導體行業的 “挖掘與鏟子” 投資，因為它為全球客户提供關鍵的晶圓製造設備，包括刻蝕和沉積，客户包括三星、英特爾和美光。該公司在 7 月 30 日發佈了令人印象深刻的業績，營收和每股收益均超出預期，EPS 數字比分析師預期高出 10%。Lam Research 還連續四個季度提高了毛利率。LRCX 可能具有很大的長期潛力，但技術信號開始顯示動量減弱。</p>
<p>本月早些時候，MACD 出現了看跌交叉，股票一直徘徊在自解除解放日關税以來用作支撐的趨勢線附近。動量正在減弱，MACD 上開始顯現出疲軟。LAM 的投資者在本月早些時候在業績上漲後獲利了結，現在股票處於十字路口。從這裏進一步下跌並不令人驚訝。</p>
<h2>Arista Networks Inc.</h2>
<p><strong>Arista Networks</strong> ANET 是另一家與 AI 相關的公司，為 Meta 和微軟等超大規模客户提供以太網設備和軟件解決方案。該股票在過去三個月上漲了 45%，並且每個季度都持續發佈強勁的業績。但與大多數 AI 投資一樣，ANET 的預期很高，股票的市盈率為 52.25，暗示其被高估。</p>
<p>看跌的技術信號也開始出現。看跌的 MACD 交叉在經歷了連續兩個月強勁的上升動量後於上週形成，RSI 在突破趨勢線之前達到了超買區域。與 LRCX 一樣，該股票在 8 月 6 日的業績發佈後獲得了上漲，但現在隨着動量減弱，獲利了結正在進行。</p>
<h2>Newmont Corp.</h2>
<p><strong>Newmont</strong> NEM 是全球最大的黃金礦業公司，擁有 17 個不同的礦業項目。該公司每年銷售數百萬盎司黃金，市值超過 770 億美元。黃金礦業並不是 2025 年最突出的投資主題，但 Newmont 的股票年初至今上漲了 91%（YTD），其中僅在過去三個月內就上漲了 32%。該公司 2025 年第二季度的業績發佈顯示，EPS 超出預期超過 27%，其 53.2 億美元的收入輕鬆超過預期的 49.3 億美元。然而，日線圖上現在出現了三大紅旗，投資者應當引起注意。</p>
<p>第一個是日線價格走勢中的看跌楔形，特徵是高點逐漸上升但高點停滯。價格走勢在另外兩個可靠的技術信號上得到了確認：看跌的 MACD 交叉和 RSI 在突破 70 時發出的超買信號。該股票自 2022 年 3 月以來首次突破 70 美元，但 NEM 股票的歷史充滿了巨大的波動性。如果股票在這裏回調，可能不僅僅是輕微的修正。</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 億美元，年銷售額達 100 億美元。SHOP 股票在後關税反彈後一直在狹窄區間內交易，但強勁的 2025 年第二季度業績發佈導致單日上漲近 20%，最終突破了自 5 月初以來一直存在的阻力位。然而，儘管業績超出預期，且分析師對該股票的多個目標價進行了上調，但價格在隨後的 10 個交易日中有 8 個交易日下跌，迴歸到之前的交易區間。</p>
<p>如果 MACD 有任何指示，股票可能在達到底部之前還有進一步下跌的空間。看跌交叉在業績上漲後立即出現，隨着動量減弱和成交量減少。該股票的估值越來越高，目前市盈率超過 78，投資者可能在業績大幅增長後獲利了結。該股票仍需再下跌 10 美元才能找到之前的支撐位，因此下行壓力可能會繼續。</p>
<h2>Aurora Innovation Inc.</h2>
<p><strong>Aurora Innovation</strong> AUR 在 2025 年迄今為止經歷了波動，目前股價下跌了 5%。該公司開發用於自動駕駛汽車的自駕技術，仍處於初期階段。該公司的市值為 110 億美元，年銷售額僅為 6800 萬美元，去年總共虧損約 7 億美元。Aurora 可能需要時間才能實現盈利（如果能實現的話），因此其股價波動非常劇烈。</p>
<p>該股票在 2 月份短暫突破 10 美元，隨後經歷了急劇回調，5 月份時又突破 8 美元，接着再次大幅下跌。之前的下跌前出現了看跌的 MACD 交叉，而上週圖表上再次出現了這種情況。自 7 月初以來，股價一直處於上升楔形模式，但這個看跌的 MACD 信號應該讓投資者關注楔形底部的支撐位。如果這個支撐位失守，可能會出現另一次快速下跌。</p>
<p><em>來自我們專家貢獻者的編輯內容旨在為公眾提供信息，而非個性化投資建議。編輯/貢獻者呈現他們的個人觀點和策略，這些觀點和策略並未被 Benzinga 明示或暗示地批准或認可。</em></p>
<p><em>照片來源：Shutterstock</em></p>

紐蒙特礦業

泛林集團

SHOP

ANET

<p>主要的美國股票指數創下歷史新高，主要受到市場對美聯儲降息預期的推動。然而，一些股票可能已經過度上漲，促使投資者重新審視持倉。MACD 指標顯示五隻表現突出的股票可能面臨回調：拉姆研究、Arista Networks、紐蒙特礦業和 Shopify。每隻股票都顯示出顯著的漲幅，但現在出現了看跌信號，表明投資者可能需要在動能轉變之前獲利了結</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>上週，美國主要股指創下歷史新高，市場寄希望於美聯儲在九月份最終實現降息。然而，這一反彈似乎遠高於你對可能的 25 個基點降息的預期，這是美聯儲下個月最可能採取的措施。</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>對於投資者來説，這樣的時刻提供了一個很好的機會來審視他們的持股，並識別出可能被過度擴張的贏家。因此，讓我們看看識別這種股票的最佳方法。</p>
</div><h2><strong><em>Labor Day Weekend: Save $1000 Or Pay More Forever</em></strong></h2>
<div class="lb-trans"><h2><strong><em>勞動節週末：節省 1000 美元或永遠多花</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>週一之後，同樣的系統價格將上漲 1000 美元。Matt Maley 最近的大贏家顯示了為什麼會員年復一年地留在這裏。獲取實時交易警報 + 專業退出策略。</em></p>
</div><p><em>Save $1000 This Weekend</em></p>
<div class="lb-trans"><p><em>這個週末節省 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>識別潛在短期回調的一種方法是移動平均收斂發散指標，更廣為人知的縮寫是 MACD。MACD 是一種動量振盪器，類似於相對強弱指數（RSI），但它使用 12 日和 26 日的指數移動平均線來衡量趨勢強度，然後使用 9 日 EMA（稱為信號線）來測量兩者之間的背離。</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>這些數據點被繪製在直方圖上，隨着趨勢強度的變化而增長和縮小。當這些 EMA 交叉時，視趨勢方向而定，這被視為看跌或看漲信號。</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，我們將關注五隻在過去三個月中取得顯著收益的股票，這些股票在 MACD 上發出了看跌交叉信號，表明可能是獲利了結的時機。</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 一直是半導體行業的 “挖掘與鏟子” 投資，因為它為全球客户提供關鍵的晶圓製造設備，包括刻蝕和沉積，客户包括三星、英特爾和美光。該公司在 7 月 30 日發佈了令人印象深刻的業績，營收和每股收益均超出預期，EPS 數字比分析師預期高出 10%。Lam Research 還連續四個季度提高了毛利率。LRCX 可能具有很大的長期潛力，但技術信號開始顯示動量減弱。</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>本月早些時候，MACD 出現了看跌交叉，股票一直徘徊在自解除解放日關税以來用作支撐的趨勢線附近。動量正在減弱，MACD 上開始顯現出疲軟。LAM 的投資者在本月早些時候在業績上漲後獲利了結，現在股票處於十字路口。從這裏進一步下跌並不令人驚訝。</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 是另一家與 AI 相關的公司，為 Meta 和微軟等超大規模客户提供以太網設備和軟件解決方案。該股票在過去三個月上漲了 45%，並且每個季度都持續發佈強勁的業績。但與大多數 AI 投資一樣，ANET 的預期很高，股票的市盈率為 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>看跌的技術信號也開始出現。看跌的 MACD 交叉在經歷了連續兩個月強勁的上升動量後於上週形成，RSI 在突破趨勢線之前達到了超買區域。與 LRCX 一樣，該股票在 8 月 6 日的業績發佈後獲得了上漲，但現在隨着動量減弱，獲利了結正在進行。</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 是全球最大的黃金礦業公司，擁有 17 個不同的礦業項目。該公司每年銷售數百萬盎司黃金，市值超過 770 億美元。黃金礦業並不是 2025 年最突出的投資主題，但 Newmont 的股票年初至今上漲了 91%（YTD），其中僅在過去三個月內就上漲了 32%。該公司 2025 年第二季度的業績發佈顯示，EPS 超出預期超過 27%，其 53.2 億美元的收入輕鬆超過預期的 49.3 億美元。然而，日線圖上現在出現了三大紅旗，投資者應當引起注意。</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>第一個是日線價格走勢中的看跌楔形，特徵是高點逐漸上升但高點停滯。價格走勢在另外兩個可靠的技術信號上得到了確認：看跌的 MACD 交叉和 RSI 在突破 70 時發出的超買信號。該股票自 2022 年 3 月以來首次突破 70 美元，但 NEM 股票的歷史充滿了巨大的波動性。如果股票在這裏回調，可能不僅僅是輕微的修正。</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 億美元，年銷售額達 100 億美元。SHOP 股票在後關税反彈後一直在狹窄區間內交易，但強勁的 2025 年第二季度業績發佈導致單日上漲近 20%，最終突破了自 5 月初以來一直存在的阻力位。然而，儘管業績超出預期，且分析師對該股票的多個目標價進行了上調，但價格在隨後的 10 個交易日中有 8 個交易日下跌，迴歸到之前的交易區間。</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，股票可能在達到底部之前還有進一步下跌的空間。看跌交叉在業績上漲後立即出現，隨着動量減弱和成交量減少。該股票的估值越來越高，目前市盈率超過 78，投資者可能在業績大幅增長後獲利了結。該股票仍需再下跌 10 美元才能找到之前的支撐位，因此下行壓力可能會繼續。</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 年迄今為止經歷了波動，目前股價下跌了 5%。該公司開發用於自動駕駛汽車的自駕技術，仍處於初期階段。該公司的市值為 110 億美元，年銷售額僅為 6800 萬美元，去年總共虧損約 7 億美元。Aurora 可能需要時間才能實現盈利（如果能實現的話），因此其股價波動非常劇烈。</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>該股票在 2 月份短暫突破 10 美元，隨後經歷了急劇回調，5 月份時又突破 8 美元，接着再次大幅下跌。之前的下跌前出現了看跌的 MACD 交叉，而上週圖表上再次出現了這種情況。自 7 月初以來，股價一直處於上升楔形模式，但這個看跌的 MACD 信號應該讓投資者關注楔形底部的支撐位。如果這個支撐位失守，可能會出現另一次快速下跌。</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>來自我們專家貢獻者的編輯內容旨在為公眾提供信息，而非個性化投資建議。編輯/貢獻者呈現他們的個人觀點和策略，這些觀點和策略並未被 Benzinga 明示或暗示地批准或認可。</em></p>
</div><p><em>Photo: Shutterstock</em></p>
<div class="lb-trans"><p><em>照片來源：Shutterstock</em></p>
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5 High-Flying Stocks Set For A Pullback

- 美國主要股指上週創下歷史新高，因市場期待美聯儲降息。  
- 多隻股票在過去三個月大幅上漲，MACD 指標顯示可能出現回調。  
- 投資者應關注技術信號，及時獲利了結以應對潛在的動量變化。

5 只表現優異的股票面臨回調