Comments include: DECK, DHI, NET, TER & WSM.
| DECK Deckers Outdoor Corporation ($94.89) - Textiles/Apparel - DECK broke a double bottom at $96 for a second sell signal as shares fell to $95. This will violate the bullish support line, which will drop the stock down to a 1 for 5'er trading in a negative trend. The break follows both the peer and market RS charts returning to Os earlier in May. Support for the stock now lies at $93, while the November 2025 chart lows reside around $80. |
| DHI D.R. Horton, Inc. ($143.50) - Building - DHI broke a double bottom at $142 to return the stock to a sell signal. The move also violates the bullish support line, which will drop the stock down to a 1 for 5'er trading in a negative trend. This breakdown follows a peer RS sell signal on 5/5, further technical weakness from a relative strength perspective. Support now lies at $140, while additional can be found in the lower $130s. |
| NET Cloudflare Inc Class A ($187.55) - Internet - Shares of NET broke a spread triple bottom at $192 for its second consecutive sell signal. The 3 for 5'er lost near-term relative strength versus the market and its peers recently as it pulls back, but those with positions can continue to hold on given its long-term relative strength. The stock is currently right above its bullish support line at $184, but movement below there would take it into a negative trend and into sell territory. |
| TER Teradyne, Inc. ($356.41) - Semiconductors - Shares of TER fell on Tuesday, breaking a double bottom at $344 to move back to a sell signal. The 3 for 5'er has pulled back from its April highs, losing two attributes as it gave up some near-term relative strength. However, the stock continues to display long-term relative strength, and it still ranks in the top decile of the top 500 large cap matrix. Investors with existing TER positions should continue to hold on while those looking to add should wait on the sidelines for further improvement. From here, initial support lies at $340. |
| WSM Williams-Sonoma, Inc. ($176.25) - Retailing - WSM broke a double bottom at $174 for a second sell signal and to violate support that dates to December 2025. This breakdown continues technical deterioration in late April that saw the stock move into a negative trend and shift into Os on the market RS chart. WSM has also fallen into the bottom half of the Retailing sector matrix. Support lies at current chart levels as well as $172. A move to $170 would mark the lowest level for the stock since July 2025. |
