Comments include: ATO, CNR, NEM, PH, & VST.
| ATO Atmos Energy Corp ($177.75) - Gas Utilities - ATO reversed into Xs and broke a double top at $180 for a fourth buy signal and to mark a new all-time high. The stock is a 4 for 5'er that ranks 1st (out of 14) in the Gas Utilities sector matrix and is accompanied by a yield of 2%. Okay to consider in the $170 range. Initial support lies at $170, while additional can be found at $162 and $152, the bullish support line. |
| CNR Core Natural Resources Inc. ($86.91) - Oil - CNR was up more than 13% following its earnings release on Thursday and returned to a buy signal when it broke a double top at $84. The outlook for the stock remains negative, however, as CNR is a 1 for 5'er. From here, the next level of overhead resistance sits at $93. |
| NEM Newmont Corp ($82.91) - Precious Metals - After giving two consecutive sell signals, NEM returned to a buy signal Thursday with a double top break at $84. The technical picture for the stock remains unfavorable, however, as NEM is a for 5'er and ranks in the bottom half of the precious metals sector matrix. From here, the next level of overhead resistance sits at $90, meanwhile, support can be found at $79. |
| PH Parker-Hannifin Corporation ($839.58) - Machinery and Tools - Nice break for PH today. The 5/5'er broke to new all-time highs on the back of a strong earnings report... it gained over 8% for the day. With the mode, it is now heavily overbought, but the break does certainly build on top of the previously strong technical picture displayed throughout 2025. Thos looking to add can certainly do so here, but some post earnings normalization could be in store. Look for pullbacks to ~$800 as constructive places to add. |
| VST Vistra Corp ($184.42) - Utilities/Electricity - VST reversed into Os and broke a double bottom at $184 for a third sell signal as shares fell to $180, testing the September and October lows. The move also violates the bullish support line, which will drop the stock down to a 3 for 5'er. Beyond support at current price levels, support can be found in the lower $160 to upper $150 range. |
