Comments include: ALB, CBRE, CIEN, CVNA, GDDY, INTU, NEM, NI, & Z.
| ALB Albemarle Corp ($176.15) - Chemicals - ALB returned to a buy signal Wednesday when it broke a double top at $176. Wednesday's move adds to an already positive technical picture as ALB is a 4 for 5'er that ranks in the top third of the favored chemicals sector matrix. From here, overhead resistance sits at $194, ALB's all-time high. Meanwhile, support can be found at $158. |
| CBRE CBRE Group, Inc. ($148.21) - Real Estate - Shares of CBRE were dragged down by its peers, falling double digits while moving back into a negative trend. The now 4 for 5'er continues to display relative strength, keeping it in buy territory for the time being. The stock is also in oversold territory near the bottom of its ten week trading band, indicating the potential for some reversal over the next couple weeks. From here, initial support lies at $136 then $120. |
| CIEN CIENA Corporation ($298.42) - Telephone - Another productive move for CIEN as it moved to new 2026 highs on its way to posting a second consecutive buy signal on its default chart. Now up nearly 30% so far this year, this perfect 5/5 has an overwhelmingly strong technical picture. While there isn't notable resistance nearby, do keep in mind we are a bit overbought around current levels, so look for some normalization on the default chart before adding further. Pullbacks to $284 would be constructive. Keep in mind, the 4.20 RRisk score suggests the name can move around somewhat quickly... a point to keep in mind when we consider suitability. |
| CVNA Carvana Company ($365.40) - Autos and Parts - CVNA reversed into Os, falling from above $400 down to break a double bottom at $360 as shares fell to $348. The move returns the stock to a sell signal and violates the bullish support line, shifting the trend to negative. This follows the market RS chart reversing into Os during last week's trading, and this breakdown will cause the stock to reverse into Os on its peer RS chart, dropping CVNA down to a 2 for 5'er. From here, support now lies in the $308 to $312 range, while additional can be found in the $280 range. |
| GDDY GoDaddy Inc. ($90.96) - Internet - GDDY fell Wednesday to break a double bottom at $92 before falling to $91 intraday. This marks the third consecutive sell signal and a new 52-week low. The weight of the technical evidence is favorable and weakening. Long exposure should be avoided, however, the stock is heavily oversold. This creates a potential sell-on-rally candidate for any remaining holders. Note that earnings are expected on 2/24. |
| INTU Intuit Inc. ($398.50) - Software - INTU declined Wednesday to break a double bottom at $408 before falling to $396 intraday. This 0 for 5'er moved to an RS sell signal against the market last month and has now given four consecutive sell signals. The weight of the technical evidence is weak, however, the stock is deeply oversold. This creates a potential sell-on-rally candidate. Initial overhead resistance may be seen at $456. Earnings are expected on 2/26. |
| NEM Newmont Corp ($123.83) - Precious Metals - After giving two consecutive sell signals NEM returned to a buy signal Wednesday when it broke a double top at $122. Wednesday's move adds to a modestly positive technical picture as NEM is a 3 for 5'er. From here, overhead resistance sits at $134, NEM's all-time high. Meanwhile, support can be found at $110. |
| NI Nisource, Inc. ($44.95) - Gas Utilities - NI broke a double top at $45 for a fourth buy signal since May 2024 and to mark a new all-time chart high. The stock has been a 5 for 5'er since July 2025 and currently ranks within the top third of the Gas Utilities sector matrix while maintaining a yield of 2.7%. Okay to consider here on the breakout or on a pullback to $42 on the chart. Initial support lies at $41, while additional can be found at $39 and $36. |
| Z Zillow Group Inc. Class C ($45.15) - Real Estate - Shares of Z absolutely plummeted on poor earnings, falling 17.5% on the day for its third consecutive sell signal. The 0 for 5'er continues to be a named to avoid, but is now in heavily oversold territory, so it could see a dead cat bounce over the next two weeks. |
