Analyst Observations | Nasdaq Dorsey Wright

Comments include: AEP, ATO, & TJX.

AEP American Electric Power Company, Inc. ($136.97) - Utilities/Electricity - AEP broke a double top at $136 for a fourth buy signal and to mark a new all-time chart high. The stock has been a 3 for 5'er since July of last year and currently ranks within the top quintile of the Electric Utilities sector matrix. Okay to consider here on the breakout or on a pullback to $130 on the chart. Initial support lies at $126, while additional can be found at $114.

ATO Atmos Energy Corp ($192.14) - Gas Utilities - ATO broke a double top at $192 for a second buy signal and to mark a new all-time chart high. The stock has been a 4 for 5'er since May of 2024 and currently ranks within the top quartile of the Gas Utilities sector matrix. Okay to consider here on the breakout or on a pullback to the lower $180 range. Initial support lies at $180, while additional can be found at $164, the bullish support line.

TJX The TJX Companies, Inc. ($165.40) - Retailing - TJX broke a triple top at $164 to complete a shakeout pattern and mark a new all-time chart high. The stock has been a 5 for 5'er since November 2025 and currently ranks within the top quartile of the Retailing sector matrix. Okay to consider here on the breakout or on a pullback toward the middle of the 10-week trading band at $156. Initial support lies at $154, while additional can be found in the $140 range.

REPORT

DATE