Analyst Observations
Published: April 28, 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: CCEP, CHD, CVS, GOLF, KO, OKE, RDDT, & RJF.

 

CCEP Coca-Cola Europacific Partners PLC ($96.94) - Food Beverages/Soap - CCEP shares broke a triple top at $100 for its second consecutive buy signal. The 4 for 5'er moved back to a positive trend in February and is now technically actionable at current levels. Initial support lies at $96 with the bullish support line also at $91.
CHD Church & Dwight Company ($96.30) - Household Goods - Shares of CHD broke a double top at $98 to move back to a buy signal. The stock has put together a strong few months, moving back to a positive trend and regaining near-term relative strength, bringing it up to buy territory as a solid 4 for 5'er. Investors could buy here given it's trading in actionable territory. Initial support lies at $92.
CVS CVS Health Corp. ($80.85) - Retailing - CVS broke a double top at $80 to return to a buy signal as shares rallied to $81, matching the March rally high. The break also penetrates the bearish resistance line, which will increase the stock to a 3 for 5'er trading in a positive trend. CVS continues to maintain positive near-term RS against the market and peer group and currently ranks within the top half of the Retailing sector matrix while maintaining a yield north of 3%. Beyond current resistance additional lies in the mid $80s dating to October of last year. Initial support lies at $75, while additional can be found at $72, the bullish support line, and $70.
GOLF Acushnet Holdings Corp ($97.06) - Leisure - GOLF broke a double bottom at $96 to return to a sell signal after rallying to near highs on 4/17. The move also violates the bullish support line, which will drop the stock down to a 4 for 5'er with superior positive near and long-term relative strength against the market and its peer group. Support lies at current levels, while additional can be found in the lower $90s and upper $80s.
KO The Coca-Cola Company ($78.29) - Food Beverages/Soap - Shares of KO are putting together a strong start to 2026, and it recently broke a double top at $79 for its third consecutive buy signal. The 3 for 5'er moved back to a positive trend in November and regained long-term peer relative strength in March. That said, the stock still lacks market relative strength, keeping it in hold territory for the time being. Initial support lies at $75 with the bullish support line at $72.
OKE ONEOK, Inc. ($89.94) - Oil Service - After giving three consecutive sell signals, OKE returned to a buy signal Tuesday when it completed a bearish signal reversal at $89 and continued higher to $90, where it now sits against its bearish resistance line. The outlook for OKE remains unfavorable despite Tuesday's move as the stock is a 2 for 5'er and ranks in the bottom half of the oil service sector matrix. From here, support its at $82.
RDDT Reddit, Inc. Class A ($147.93) - Internet - RDDT gave a second consecutive sell signal Tuesday at $150 before falling to $148 intraday. This 1 for 5'er moved to a negative trend in January and sits in the bottom decile of the Top 500 Large Cap TR matrix. The technical picture is weak and deteriorating further. Long exposure should be avoided. Further support can be seen at $136 while overhead resistance can be seen at $162.
RJF Raymond James Financial Inc ($156.61) - Wall Street - RJF shares moved higher today to break a double top at $158 to mark its second consecutive buy signal and enter a positive trend. This 4 for 5'er has been on an RS buy signal versus the market since October 2021. RJF shares are trading in actionable territory with a weekly overbought/oversold reading of 21%. Resistance sits close by at $160 with support at $150.
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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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