Comments include: AEO, AMD, BURL, EMN, MRVL, & SAIA.
| AEO American Eagle Outfitters, Inc. ($21.15) - Retailing - AEO broke a double top at $21 to return to a buy signal. The stock has improved to a 4 for 5'er in recent weeks after reversing into Xs on both the market and peer RS chart chart and giving a peer RS buy signal. From here, resistance lies at $22 as well as in the mid $20s. Current support on the default chart lies at $14.50. |
| AMD Advanced Micro Devices, Inc. ($219.25) - Semiconductors - AMD pushed higher Monday to break a double top at $220. This returns the 4 for 5 TA stock to a buy signal after it experienced weakness in the back half of November. The stock still sits in the top third of the semiconductors sector RS matrix, highlighting strength against its peers. The long-term weight of the evidence is favorable and the near-term picture is showing improvement. Initial support can be seen at $196. Further overhead resistance may be seen near $248. |
| BURL Burlington Stores, Inc. ($244.20) - Retailing - BURL reversed into Os and broke a double bottom at $244 for a second sell signal and to bring the stock to levels not seen since July. The stock has fallen to a 3 for 5'er after moving into a negative trend during trading early last week. From here, support now lies in the $216 to $220 range. |
| EMN Eastman Chemical Company ($62.34) - Chemicals - EMN returned to a buy signal Monday when it broke a double top at $63. The outlook for the stock remains decidedly negative, however, as EMN is a 0 for 5'er and ranks in the bottom quintile of the chemicals sector matrix. From here, the next level of overhead resistance sits at $64. |
| MRVL Marvell Technology Inc. ($92.21) - Semiconductors - MRVL rose Monday to break a double top at $90 before reaching $92 intraday. This moves the stock back to a positive trend and promotes it to a 5 for 5 TA rating. The weight of the technical evidence is favorable and strengthening. Exposure may be considered on this breakout. Note that the stock may encounter resistance in the $92 to $94 range, with further resistance potentially seen at $98. Initial support is seen at $85. |
| SAIA Saia, Inc. ($295.11) - Transports/Non Air - Shares of SAIA have continued to move lower throughout 2025, hence the lack of updated commentary on the name. It remains a weak technical attribute stock at the time of this writing, and efforts to establish itself in the mid $300's have stalled. Even continued upside from current levels (and a positive trend break) wouldn't be enough to change the weight of the evidence for the name. Holders, continue to trim. Avoid long exposure. |
