Analyst Observations
Published: July 21, 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: A, CBRL, DHR, MMM, NOC, & PSA.

 

A Agilent Technologies, Inc ($132.66) - Healthcare - A completed a bearish triangle at $126. The 1 for 5'er ranks in the bottom half of the healthcare sector matrix. A sell can be considered here. Resistance can be seen between $136-$140.
CBRL Cracker Barrel Old Country Store, Inc. ($52.69) - Restaurants - CBRL broke a double top at $55 to complete a bullish triangle and count as a fourth buy signal since May. The stock has been a 4 for 5'er since June and currently ranks 1st (out of 26) within the Restaurants sector matrix. Okay to consider in the low to mid $50s. Note resistance at $63. Initial support lies at $51, while additional can be found at $48.
DHR Danaher Corporation ($178.65) - Healthcare - DHR reversed lower to complete a quadruple bottom break at $188. The 0 for 5'er moved down from a 1 after reversing into a negative trend with its latest move. Additionally, the stock ranks in the bottom half of the healthcare sector matrix. A sell can be considered. Initial resistance can be seen at $204, with additional resistance at $240.
MMM 3M Company ($170.64) - Chemicals - MMM returned to a buy signal Tuesday when it broke a double top at $170 and continued higher to $176, where it now sits against resistance. The outlook for the stock remains unfavorable, however, as MMM is a 1 for 5'er. From here, The first level of support sits at $154.
NOC Northrop Grumman Systems Corporation ($508.78) - Aerospace Airline - Despite the broader industrials group (and more focused aerospace and defense) having a somewhat strong 2026 outside of the last few weeks, NOC has contributed to struggle. The name slid to fresh 2026 lows on the back of earnings, printing its third consecutive sell signal in the process. Take the chart of NOC as a lesson that trend breaks are important to watch... the trend break back from Q2 was over 25% away from current chart levels. Continue to avoid.
PSA Public Storage ($309.15) - Real Estate - PSA moved lower Tuesday to break a double bottom at $312. This leaves the 2 for 5'er testing its positive trend line. Further movement to $304 from the current position would move the stock into a negative trend and demote its technical attribute rating. Additional support can be seen at $296, with strong overhead resistance seen at $328. Note that earnings are expected on 7/29.
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