Analyst Observations | Nasdaq Dorsey Wright

Comments include: C, NTRA, W, & WFC.

C Citigroup, Inc. ($76.58) - Banks - C shares moved higher today to break a double top at $77 to mark its third consecutive buy signal. This 3 for 5'er has been in a positive trend since May and on an RS buy signal versus the market since January. C shares are trading in normalized territory with a weekly overbought/oversold reading of 45%. From here, support is offered at $72.

NTRA Natera Inc ($167.22) - Healthcare - NRTA inched higher to break a double at $166, marking its fourth consecutive buy signal. The 4 for 5'er moved into a positive trend in April and ranks in the top quintile of the healthcare sector matrix. Long exposure can be considered here. The next level of resistance is not seen until $180. Initial support is at $154, with additional support at $148.

W Wayfair Inc. ($44.17) - Retailing - W broke a double top at $44 for a fourth consecutive buy signal as shares rallied to $45. Prior to this breakout, W shifted back into a positive trend early last week while also giving a market RS buy signal, which increased the stock up to a 4 for 5'er. Okay to consider here on the breakout or on a pullback to the lower $40s. Note resistace lies at $51. Initial support can be found at $40, while additional can be found in the mid to low $30s.

WFC Wells Fargo & Company ($75.77) - Banks - WFC shares moved higher today to break a double top at $77 to mark its second consecutive buy signal. This 5 for 5'er has been in a positive trend since May and on an RS buy signal versus the market since November 2024. WFC shares are actionable at current levels with a weekly overbought/oversold reading of 36%. From here, support is offered at $72.

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