Analyst Observations
Published: March 2, 2026
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
Comments include: AMD, AR, BLK, CBRE, CNV, CVX, CW, H, KEYS, LOW, MPC, MS, PLTR, RCL, RVTY, SMTC, TSLA, & XOM.

 

AMD Advanced Micro Devices, Inc. ($198.18) - Semiconductors - AMD fell Monday to break a triple bottom at $194 before dropping down to $190 intraday. This also moved the stock to a negative trend, demoting it to a 0 for 5 TA rating. The weight of the technical evidence is weak and continuing to deteriorate. Avoid long exposure. Further support may be seen at $164. Overhead resistance can be seen at $216 from last month.
AR Antero Resources Corp ($37.17) - Oil - AR returned to a positive trend Monday when it broke a double top at $37 and continued higher to $38 where it now sits against resistance. The positive trend change will promote AR to an acceptable 3 for 5'er. From here, support sits at $33.
BLK BlackRock, Inc. ($1,065.50) - Wall Street - BLK shares moved lower today to break a double bottom at $1040 to mark its third consecutive sell signal and enter a negative trend. This 4 for 5'er has been on an RS buy signal versus the market since October 2020. BLK shares are trading below the middle of their ten-week trading band with a weekly overbought/oversold reading of -21%. From here, support is offered at $1024.
CBRE CBRE Group, Inc. ($144.97) - Real Estate - Shares of CBRE broke another double bottom at $142 for its second consecutive sell signal. The name has lost significant strength, falling down to a 2 for 5'er after moving to a negative trend and losing relative near-term relative strength. The name is out of significantly oversold territory, so those with exposure could look to cut it loose.
CVS CVS Health Corp. ($81.66) - Retailing - CVS broke a double top at $80 for a second buy signal as shares rallied to $81. The move penetrates the bearish resistance line, which will increase the stock to a 3 for 5'er trading in a positive trend. Okay to consider here on the breakout. Note resistance lies in the mid $80s, while support lies in the lower $70s.
CVX Chevron Corporation ($189.18) - Oil - CVX gave a third consecutive buy signal and reached a new all-time high Monday when it broke a double top at $188. Monday's move adds to a modestly positive technical picture as CVX Is a 3 for 5'er and ranks in the top quartile of the oil sector matrix. CVX was already heavily extended, and Monday's move will push the stock even further into overbought territory. From here, support sits at $180.
CW Curtiss Wright Corporation ($723.66) - Aerospace Airline - CW journeyed higher over the trading day alongside other aerospace and defense names. The 5/5'er is now up roughly 30% this year, sitting within range of a strong home base of support below between $672 and $680. Like many names in the sector, CW is flirting with heavily overbought territory.... but the overall picture remains quite strong as we open up March.
H Hyatt Hotels Corp. ($159.93) - Leisure - H broke a double bottom at $158 for a second sell signal as shares fell to $154, matching the February chart low. This action follows a negative trend change during the latter part of February, which dropped the stock down to a 4 for 5'er. Beyond current prices, additional support can be found at $152 and $148 before looking down to the mid $130s.
KEYS Keysight Technologies Inc ($314.54) - Electronics - KEYS moved higher Monday to break a double top at $312, marking a fifth consecutive buy signal and a new all-time high. This 5 for 5'er moved to a positive trend in May 2025 and sits in the top decile of the favored electronics sector RS matrix. The weight of the technical evidence is favorable and continues to improve. However, KEYS is in a heavily overbought territory. Those looking to add exposure would be best served waiting for a pullback or normalization of the trading band. Initial support is seen at $296 with further support not seen until $216 on the default chart.
LOW Lowe's Companies Inc. ($257.71) - Building - LOW broke a double bottom at $260 to complete a bullish signal reversal pattern. The stock continues to maintain a 3 technical attribute rating, but now ranks within the bottom half of the Building sector matrix. From here, support now lies in the $240 to $248 range, while additional can be found int he $208 to $220 range.
MPC Marathon Petroleum Corp. ($209.08) - Oil Service - MPC returned to a buy signal Monday when it broke a double top at $204 and continued higher to $208, matching the multi-year high it reached last month. Monday's move adds to a modestly positive technical picture as MPC is a 3 for 5'er. From here, the first level of support sits at $192.
MS Morgan Stanley ($167.25) - Wall Street - MS shares moved lower today to break a double bottom at $164 to mark its fourth consecutive sell signal. This 5 for 5'er has been in a positive trend since May and on an RS buy signal versus the market since June 2013. MS shares are trading below the mid-point of their ten-week trading band with a weekly overbought/oversold reading of -53%. From here, support is offered at $164. Note that the bullish support line is nearby at $160.
PLTR Palantir Technologies Inc. Class A ($145.36) - Software - PLTR pushed higher Monday to break a double top at $142 before reaching $146 intraday. This ends a streak of six consecutive sell signals for the 3 for 5'er. The technical picture remains mixed, as PLTR is still in a negative trend. However, the near-term improvement is encouraging. Further overhead resistance may be seen at $164. Initial support can be seen at $128.
RCL Royal Caribbean Cruises Ltd. ($302.31) - Leisure - RCL broke a double bottom at $300 for a second sell signal as shares fell to $288. The move violates the bullish support line, which will drop the stock down to a 4 for 5'er, and bring the stock within one box of reversing into Os on both the peer and market RS charts. Support for the stock now lies at $272, while additional can be found at $248.
RVTY Revvity Inc. ($96.28) - Healthcare - RVTY inched lower to complete a double bottom break at $95. The 2 for 5'er inched down from 3 after reversing back into a negative trend last month. A sell can be considered here, given the weight of the evidence. Strong resistance and the bearish resistance line can be seen between $99-$100. Strong support can be seen at $94.
SMTC Semtech Corporation ($95.01) - Semiconductors - SMTC advanced Monday to break a double top at $94, marking a second consecutive buy signal and matching its all-time chart high. This 5 for 5'er moved to a positive trend in February and sits in the top half of the semiconductors sector RS matrix. The weight of the technical evidence is favorable and continues to improve. Initial support is seen at $88 with further support at $84. Note that SMTC is highly volatile with an RRisk score north of 6.
TSLA Tesla Inc. ($400.40) - Autos and Parts - TSLA reversed into Os and broke a double bottom at $392 to complete a bearish triangle and count as a second sell signal. After moving into a negative trend and seeing the market and peer RS charts reverse into Os in early February, TSLA has fallen to a 2 for 5'er. From here support lies in the $380 range, while additional can be found at $344.
XOM Exxon Mobil Corporation ($154.24) - Oil - XOM was up more than 1% on Monday amid a broad rally in oil stocks. XOM gave a second consecutive buy signal and reached a new all-time high with a double top break at $158. Monday's move adds to an already positive technical picture as XOM is a 5 for 5'er that ranks in the top decile of the oil sector matrix. However, Monday's move has pushed the stock even further into heavily overbought territory. From here, the first level of support sits at $146.
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DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.
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