Comments include: AEP, ANET, CNC, DKS, HSY, HUM, ORLY, PG, & SCCO.
| AEP American Electric Power Company, Inc. ($124.19) - Utilities/Electricity - AEP broke a triple bottom at $124 to end a series of buy signals that began in July of last year. The stock continues to maintain a 3 technical attribute rating and ranks within the top quartile of the Electric Utilities sector matrix. From here, support lies at $114, the bullish support line, while additional can be found at $106. |
| ANET Arista Networks Inc ($172.23) - Telephone - Shares of ANET broke a double top at $162 for its second consecutive buy signal. Today's move also saw the stock reverse into Xs on its market RS chart, bringing it back into acceptable territory as a 3 for 5'er. Those on the sidelines should wait for the stock to regain peer relative strength to return, but ANET's recent bounce back is encouraging nonetheless. From here, significant resistance from all-time lies at $178. |
| CNC Centene Corporation ($61.42) - Healthcare - CNC moved up higher to complete a double top break at $61, marking its second consecutive buy signal. The 5 for 5'er ranks in the top decile of the healthcare sector matrix. The weekly OBOS indicates that the stock is in overbought territory, so wait for a normalization of the 10-week trading band before considering. Initial support is at $57, with additional support not seen until $32. |
| DKS Dick's Sporting Goods, Inc. ($219.70) - Retailing - DKS broke a double bottom at $216 to return to a sell signal after testing resistance at $236 on the chart. The stock has been at least a 2 for 5'er since February this year. From here, support now lies at $208, while the bullish support line sits at $198. |
| HSY The Hershey Company ($184.81) - Food Beverages/Soap - HSY moved lower and completed a double bottom break at $186, marking an intraday low below $184. With its latest move the stock reversed into a negative trend, bringing the 3 for 5'er down to a 2. A sell can be considered here. Initial resistance is at $200, with additional resistance at $236. |
| HUM Humana Inc. ($321.46) - Healthcare - HUM moved higher to complete a double top break at $316, marking its sixth consecutive buy signal. The 4 for 5'er moved up from a 3 last month after reversing back into a buy signal against its peers. Additionally, the stock ranks in the top decile of the healthcare sector matrix. The weekly OBOS indicates that the stock is in overbought territory, so wait for a normalization on the 10-week trading band before considering. Initial strong support is seen between $296-$300, with additional support at $232. |
| ORLY O'Reilly Automotive, Inc. ($86.72) - Autos and Parts - ORLY broke a spread quadruple bottom at $86 for a third sell signal and to bring the stock down to levels not seen since March of 2025. ORLY has been a 2 for 5'er since seeing a negative trend shift back in mid May, and now ranks within the bottom half of the Autos and Parts sector matrix. Beyond long-term support at current prices additional lies in the upper $70s. |
| PG The Procter & Gamble Company ($139.93) - Household Goods - PG reversed back down to complete a triple bottom break at $140, marking its second consecutive sell signal. The 2 for 5'er moved down from a 3 in April after reversing into a negative trend. A sell can be considered here. Initial resistance is at $148, with additional resistance at $152 |
| SCCO Southern Copper Corporation ($194.85) - Metals Non Ferrous - SCCO returned to a buy signal and a positive trend Monday when it broke a double top at $196 where it now sits against resistance. The positive trend change will promote SCCO to an acceptable 3 for 5'er. From here, support can be found at $166. |
