Comments include: AEO, BUD, DHI, NVDA, PM, TGT, & URBN.
| AEO American Eagle Outfitters, Inc. ($22.25) - Retailing - AEO broke a double bottom at $22 for a second sell signal since peaking at $28 in December 2025. The stock continues to maintain a 4 TA rating, but the market RS chart recently returned to Os and the peer RS chart now resides within on box of a reversal. Support on the more sensitive 0.50 point per box chart can be found at $20, while the default chart maintains support at $15. |
| BUD Anheuser-Busch InBev NV (Belgium) ADR ($76.56) - Food Beverages/Soap - Shares of BUD had rallied in recent weeks, but action today saw the name break a double bottom at $77 to move to a sell signal. However, the 4 for 5'er was previously in overbought territory and it continues to trade in a positive trend, remaining more of a buy. Additionally, a reversal into a column of Xs would mark the start of a shakeout pattern. Initial support lies at $60 but prior resistance in the low $70s could serve as a bounce point as well. |
| DHI D.R. Horton, Inc. ($154.33) - Building - DHI broke a double bottomat $152 to return the stock to a sell signal as shares fell to $150. The move violates the bullish support line, which will drop the stock down to a 2 for 5'er trading in a negative trend. From here, support lies at $146, while additional can be found in the upper $130s. |
| NVDA NVIDIA Corporation ($180.05) - Semiconductors - NVDA fell this week to break a double bottom at $178 before moving lower to $176. This drops the stock to a 2 for 5 TA rating as it moved back to a negative trend. The stock is still in a clearly defined range between $170 and $200-$212. The technical picture remains mixed but is weakening. We will likely need to see movement outside of this range before further technical developments can occur. Support is seen at $172 and $170. Overhead resistance is seen initially at $196. |
| PM Philip Morris International Inc. ($178.55) - Food Beverages/Soap - Shares of PM broke a double bottom at $180 for its first sell signal since October. However, the stock remains a solid 4 for 5'er given its positive trend and relative strength. Additionally, a reversal into Xs would initiate the start of a shakeout pattern. Those with exposure should continue to hold but should watch for further deterioration such as a violation of its bullish support line at $158. |
| TGT Target Corporation ($120.80) - Retailing - TGT reversed into Xs and broke a double top at $120 for a sixth buy signal as shares rallied to $122, a 52-week high. The stock has improved to a 3 for 5'er through early 2026 and currently ranks within the top quartile of the Retailing sector matrix. Okay to consider here on the breakout or on a pullback to the mid $110s. Initial support lies at $112, while additional can be found at $102. |
| URBN Urban Outfitters, Inc. ($65.79) - Retailing - URBN broke a double bottom at $63 for a second sell signal and to bring the chart down to its lowest level since November. The stock has fallen to a 2 for 5'er following a reversal into Os on the market RS chart in the latter half of February and ranks within the bottom half of the Retailing sector matrix. From here, support lies at $60, and a move below support would bring the chart to its lowest level since May last year. |
