Comments include: AEP, AMT, AXP, CRK, CROX, DIS, MS, ROST, THC, & W.
| AEP American Electric Power Company, Inc. ($127.92) - Utilities/Electricity - AEP broke a double top at $126 for a third buy signal and to mark a new all-time chart high. The stock has been a 3 for 5'er since July 2025 and currently ranks within the top third of the Electric Utilities sector matrix. The stock maintains a yield north of 3% and monthly momentum has flipped back to positive. Okay to consider on a pullback into the lower $120 to upper $110 range. Intial support lies at $114, while additional may be found in the mid $100s. |
| AMT American Tower REIT ($188.19) - Real Estate - Shares of AMT broke a double top at $184, in addition to moving back to a positive trend. AMT should now be a 1 for 5'er. but remains in sell territory given its lack of relative strength. From here, initial resistance lies at $194 and $198 |
| AXP American Express Company ($343.50) - Finance - AXP shares moved lower today to complete a bearish catapult and mark their third consecutive sell signal. This 5 for 5'er has been in a positive trend since November 2023 and on an RS buy signal versus the market since February 2022. AXP shares are trading below the middle of their ten-week trading band with a weekly overbought/oversold reading of -36%. From here, support is offered at $336. |
| CRK Comstock Resources ($19.08) - Oil - CRK fell to a sell signal Thursday after unsuccessfully testing its bearish resistance line once again. Thursday's move adds to an already unfavorable technical picture as CRK is a 2 for 5'er and ranks 55th of 55 names in the oil sector matrix. From here, the next level of support sits at $17. |
| CROX Crocs, Inc. ($100.42) - Textiles/Apparel - CROX reversed into Xs and broke a double top at $89 for a second buy signal as shares rallied to $100, marking their highest level since August 2025. After seeing the trend flip back to positive earlier this month, this breakout will bring both the peer and market RS charts into Xs and increase the stock to a 3 for 5'er. The rally places the stock in an extended position, so those seeking exposure are best to look for price consolidation in the upper to mid $90s along with a normalization of the 10-week trading band before considering. Prior resistance in the lower $90s may be seen as near-term support, while the bullish support line resides at $83. |
| DIS The Walt Disney Company ($102.38) - Media - Like clockwork, chart action above $100 has continued to give shares of DIS fits over the last few years. Action on 2/12 saw the media giant post its third consecutive sell signal off 2025 highs, testing support from the end of last year. Despite the strong technical attribute score, be careful at/around current levels. A violation of support here would leave us within striking distance of the positive trend line below. Take this now 4th instance of poor participation above $100 as a word of caution for next time. |
| MS Morgan Stanley ($169.67) - Wall Street - MS shares moved lower today to break a double bottom at $172 to mark its third consecutive sell signal. This 5 for 5'er has been in a positive trend since May 2025 and on an RS buy signal versus the market since June 2013. MS shares are trading below the middle of their ten-week trading band with a weekly overbought/oversold reading of -20%. From here, support is offered at $156. |
| ROST Ross Stores, Inc. ($195.33) - Retailing - ROST broke a double top at $196 for a fifth consecutive buy signal since July 2025 and to mark a new all-time chart high. The stock has been a 5 for 5'er since November 2025 and current ranks within the top quintile of the Retailing sector matrix. Okay to consider here on the breakout or on a pullback to $190 on the chart. Initial support lies at $186, while additional can be found around $160. |
| THC Tenet Healthcare Corporation ($229.58) - Healthcare - THC reversed back into Xs and completed a double top break at $208, marking its second consecutive buy signal and a new intraday all-time high above $232. The 5 for 5'er has been on an RS buy signal since 2020 and ranks in the top fourth of the healthcare sector matrix. The weekly OBOS indicates that the stock is in overbought territory, so wait for the 10-week trading band to normalize before considering. Strong support can be seen between $186-$188. |
| W Wayfair Inc. ($80.23) - Retailing - W broke a double bottom at $84 for a third sell signal as shares fell to $80. The move violates the bullish support line, which following the reversal in Xs and RS sell signal on the market RS chart earlier this month, will bring the stock down to a 1 for 5'er trading in a negative trend. From here, support lies at $79, while additional may be found at $74, the October 2025 chart low. |
