Comments include: AA, AAL, BKR, COF, CVX, DAL, DVN, EOG, FDX, PII, SHEL, VLO, & XOM.
| AA Alcoa Inc. ($64.18) - Metals Non Ferrous - AA gave a second consecutive sell signal and violated its trend line Monday when it broke a double bottom at $65. The negative trend change will drop the stock to a 3 for 5'er. From here, the next level of support sits at $61, |
| AAL American Airlines Group Inc. ($15.50) - Aerospace Airline - AAL broke a spread triple top at $15.50 for a second buy signal. The stock improved to a 3 for 5'er following a reversal back into Xs on both the market and peer RS chart and shifting the long-term trend back to positive. Note resistance at $16.50, the January 2026 rally high. Initial support lies at $13.50, while the bullish support line resdies at $12.50. |
| BKR Baker Hughes Company ($62.64) - Oil Service - BKR fell to a sell signal Monday when it broke a triple bottom at $62. The technical picture for the stock remains positive, however, as BKR is a 5 for 5'er that ranks near the middle of the oil service sector matrix. From here, the next level of support on BKR's chart sits at $59. |
| COF Capital One Financial Corporation ($195.46) - Finance - COF shares moved higher today to break a double top at $188 to mark its first buy signal and enter a positive trend. This 3 for 5'er has been in on an RS buy signal versus the market since December 2020. COF shares are trading in normalized territory near the middle of their ten-week trading band. From here, support is offered at $176. |
| CVX Chevron Corporation ($181.17) - Oil - CVX fell to a sell signal and a negative trend Monday when it broke a double bottom at $180. The negative trend change will drop CVX to an unfavorable 2 for 5'er. CVX now sits against support at $178. However, beyond this level, the chart shows no further support until $156. |
| DAL Delta Air Lines Inc. ($84.29) - Aerospace Airline - DAL broke a double top at $84 for a second buy signal as shares rallied to $87, marking a new all-time chart high. DAL maintains a 4 technical attribute rating and currently ranks within the top quintile of the Aerospace Airline sector matrix. Okay to consider on a pullback to the low $80s or upper $70s. Initial support resides at $77, while the bullish support line sits at $70. |
| DVN Devon Energy Corporation ($43.70) - Oil - DVN gave a second consecutive sell signal and violated its trend line Monday when it broke a triple bottom at $43. The negative trend change will drop DVN to an unfavorable 2 for 5'er. From here, the next level of support sits at $42. |
| EOG EOG Resources, Inc. ($132.31) - Oil - EOG fell to a sell signal and a negative trend Monday when it broke a double bottom at $134. The negative trend change will drop the stock to a weak 1 for 5'er. EOG now sits against support at $130. |
| FDX FedEx Corporation ($340.72) - Aerospace Airline - FDX pushed to new highs today, posting its second consecutive buy signal in the process. The technical picture for this 4/5'er is quite strong, seeing the name establish some localized support just above the middle of the trading band at $320. This support also comes in around a range of old resistance, suggesting that buyers are confident in the names ability to push higher from here. FDX ranks 11th out of 58 within the aerospace airlines sector matrix. |
| PII Polaris Inc. ($70.63) - Leisure - PII broke a triple top at $72 for a second buy signal as shares rallied to $73. The stock has been a 4 for 5'er since April and currently ranks within the top quartile of the Leisure sector matrix. Note resistance in the mid $70s dating to late 2025. Initial support lies in the $66 to $67 range, while additional resides at in the $58 to $60 range. |
| SHEL Shell PLC Sponsored ADR ($82.81) - Oil - SHEL gave a fourth consecutive sell signal and violated its trend line in Monday's trading. The negative trend change will drop the stock to a 3 for 5'er. From here, the next level of support on SHEL's chart sits at $77. |
| VLO Valero Energy Corp ($249.08) - Oil Service - VLO gave an initial sell signal Monday when it broke a double bottom at $244, where it now sits against its bullish support line. The outlook for the stock remains positive despite Monday's move as VLO is a 4 for 5'er that ranks in the top quartile of the oil service sector matrix. |
| XOM Exxon Mobil Corporation ($141.46) - Oil - XOM fell to a sell signal and a negative trend Monday when it broke a double bottom at $144 and continued lower taking out additional support at $144 and $142. The negative trend change will drop XOM to a still-acceptable 3 for 5'er. However, those with long exposure should note that XOM shows no additional support on its chart $112. |
