AVLR, APPN, BPOP, BLL, FEYE, NAVI, FOXF, FIVE, HCAT, KSS, OUT, PLCE, OMCL, PZZA, AFG, MS, & GS.
| AFG American Financial Group Inc ($132.18) - Insurance - AFG shares moved higher today to break a double top and complete a bullish catapult at $132. This 5 for 5'er has been in a positive trend since January and on an RS buy signal versus the market since June. AFG is actionable at current levels with a weekly overbought/oversold reading of 35%. From here, support is offered at $124. |
| APPN Appian Corp. ($102.01) - Software - APPN moved lower Friday after releasing earnings to break a double bottom at $106 before falling to $100 intraday. This also violated the bullish support line to place the stock back in a negative trend, demoting it to a 0 for 5'er from a technical attribute perspective. Weekly momentum recently flipped negative as well, suggesting the potential for further downside from here. Avoid long exposure. Further support may be seen at $90. Initial overhead resistance may be found at $114. |
| AVLR Avalara Inc ($171.61) - Software - AVLR moved higher Friday after its earnings release to break a double top at $176, marking its third consecutive buy signal before reaching $180 intraday. This 3 for 5'er moved to a positive trend in June and ranks in the top quartile of the software sector RS matrix. The weight of the evidence is positive here, with initial support offered at $164. |
| BLL Ball Corporation ($85.69) - Business Products - BLL returned to a buy signal Friday as the stock gained more than 6% intraday. Despite the positive action Friday, BLL's overall picture remains unfavorable as it is a 0 for 5'er that ranks in the bottom quintile of business products sector matrix. The stock now sits against resistance at $86, while its bearish resistance line sits at $89. |
| BPOP Popular, Inc. ($75.79) - Banks - BPOP broke a double top at $75, returning to a buy signal for the first time since June before the stock rallied up to $76 on the chart. BPOP is a 5 for 5'er that ranks in the top quintile of the Banks sector matrix and is accompanied by a yield of roughly 2.5%. Initial support lies at $71, while additional lies at $69. |
| FEYE FireEye, Inc ($16.78) - Software - FEYE reversed down into O's and fell to break a spread triple bottom at $17.50 before continuing down to $17 on the chart, which violates the bullish support line. This causes the stock to move to a negative trend and to a 2 for 5 in attribute rating. FEYE ranks in the bottom half of the Software sector matrix, and with the violation of material support, we would look to begin to trim or step away depending on cost basis. Support on the default chart now lies at $13.50. |
| FIVE Five Below Inc ($203.19) - Household Goods - FIVE broke a spread quadruple top at $204 on Friday, marking the stock’s second consecutive buy signal. FIVE is a 3 for 5’er within the household goods sector that has experienced three weeks of positive weekly momentum. FIVE is now at its all-time high that has been reached on three previous occasions. From here, a move to $206 would mark a new all-time high. Support sits at $188. |
| FOXF Fox Factory Holding Corp ($158.10) - Autos and Parts - FOXF reversed back into X's and rallied to break a triple top at $168 before making a new high at $172. FOXF is a 5 for 5'er that ranks 7th (out of 57) in the Auto and Parts sector matrix. Okay to consider here on the breakout or on a pullback to $166 on the chart. Initial support lies at $156, while longer-term support lies at $146. |
| GS Goldman Sachs Group, Inc. ($396.75) - Wall Street - GS shares moved higher today to break a double top at $388 and continued higher to $396 to reach a new all-time high. This 3 for 5'er has been in a positive trend since November but on an RS sell signal versus the market since June of 2016. GS is actionable at current levels with a weekly overbought/oversold reading of 25%. From here, support is offered at $372. |
| HCAT Health Catalyst, Inc. ($57.20) - Healthcare - HCAT shares moved higher today to break a double top at $59 to return to a buy signal and form a spread quadruple top. This 5 for 5'er has been in a positive trend since June of 2020 and on an RS buy signal versus the market since January. HCAT is actionable at current levels with a weekly overbought/oversold reading of 9%. From here, support is offered at $55 and $54. |
| KSS Kohl's Corporation ($52.87) - Retailing - KSS broke a triple top at $53 before moving higher to $54 on Friday. This move returned the chart to a buy signal as well as an overall positive trend. As a result, KSS is now a 3 for 5’er within the retailing sector. Support sits at $49 while KSS is testing overhead resistance at current levels. KSS yields 1.95%. |
| MS Morgan Stanley ($99.52) - Wall Street - MS shares moved higher today to break a double top at $99 to mark its third consecutive buy signal and reach a new all-time high. This 5 for 5'er has been in a positive trend since May of 2020 and on an RS buy signal versus the market since June of 2013. MS is actionable at current levels with a weekly overbought/oversold reading of 55%. From here, support is offered at $95. |
| NAVI Navient Corporation ($21.42) - Finance - NAVI shares moved higher today to break a double top at $21 to mark its fourth consecutive buy signal. This 5 for 5'er has been in a positive trend since November and on an RS buy signal versus the market since April. NAVI is actionable at current levels with a weekly overbought/oversold reading of 47%. From here, support is offered at $18.50. |
| OMCL Omnicell, Inc. ($159.48) - Healthcare - OMCL shares moved higher today to break a double top at $156 to mark its second consecutive buy signal and reach a new all-time high. This 5 for 5'er has been in a positive trend since July of 2020 and on an RS buy signal versus the market since November of 2020. OMCL is actionable at current levels with a weekly overbought/oversold reading of 42%. From here, support is offered at $140. |
| OUT Outfront Media Inc. ($24.90) - Media - OUT is a 3 for 5’er within the media sector that broke a double top at $26. Today’s breakout marks the stock’s third consecutive buy signal and a new 52 week high. From here, a move to $32 would mark a new all-time high on the chart. Support sits at $21. |
| PLCE Childrens Place Inc. ($90.51) - Retailing - PLCE returned to a positive trend on Friday when it broke a double top at $88 before moving higher to $90. As a result, PLCE is now a perfect 5 for 5’er within the retailing sector. From here, support sits at $83. PLCE faces overhead resistance at $98. |
| PZZA Papa Johns Intl Inc ($122.26) - Restaurants - PZZA broke a double top at $120 before moving higher to $122 on Friday, marking the stock’s second consecutive buy signal and a new all-time high. PZZA is a 3 for 5’er that ranks #1 in our restaurants sector stock matrix. Monthly momentum has been positive for two months, adding to the bullish weight of the evdience. From here, support sits at $112. |
