Comment includes: AXP, CBRE, CHDN, DAL, HLT, LITE, OKE, RPM, SMG, & STX.
| AXP American Express Company ($328.83) - Finance - AXP shares moved higher today to break a double top at $328 to mark its first buy signal. This 3 for 5'er is now two boxes away from moving into a positive trend and has been on an RS buy signal versus the market since February 2022. AXP shares are trading in normalized territory with a weekly overbought/oversold reading of 3%. From here, support is offered at $312. |
| CBRE CBRE Group, Inc. ($137.57) - Real Estate - CBRE shares moved higher today to break a triple top and enter a positive trend. This 3 for 5'er has been on an RS buy signal versus the market since March 2019. CBRE is actionable at current levels and moved back above its ten-week moving average with today's action. From here, support is offered at $122. |
| CHDN Churchill Downs Inc ($98.99) - Gaming - CHDN broke a double top at $95 for a third buy signal and to clear resistance that dated to June of 2026 as shares rallied to $99. Within the past week's time, CHDN has increased from a 1 to 4 technical attribute rated stock with the market RS chart seeing a reversal in Xs, the peer RS chart returning to an RS buy, and the trend chart shifting back to positive. The breakout has brought CHDN into overbought territory, so look for a pullback to the mid to lower $90s before considering. Initial support lies at $91, while additional can be found at $82 and $78, the bullish support line. |
| DAL Delta Air Lines Inc. ($83.16) - Aerospace Airline - DAL broke a double top at $83 to count as a second buy signal and complete a bullish catapult. This follows the chart shifting back into a positive trend in the latter stages of October, which increased the stock to a 4 for 5'er in attribute rating. Okay to consider here on the breakout. Note resistance at $86 and at prior highs in the mid $90s. Support lies in the upper to mid $70s. |
| HLT Hilton Worldwide Holdings Inc ($362.72) - Leisure - HLT broke a double top at $368 for a second buy siganl since the middle of October. The stock has been a 5 for 5'er since seeing the trend move back to positive upon the return to a buy signal, and HLT has worked its way back into the top half of the Leisure sector matrix. The breakout has brought the chart into overbought terrritory, so look for a pullback to the $340 to $350 range before considering. Initial support lies at $336, while the bullish support line sits at $308. |
| LITE Lumentum Holdings Inc ($684.60) - Telephone - Shares of LITE fell sharply on news of a potential acquisition by MRVL, causing it to fall more than 15%, breaking a double bottom at $736. The 3 for 5'er has lost its near-term relative strength, bringing it down to more of a hold, with it now in danger of moving back to a negative trend as well. Those holding on can keep their positions for now, but should watch closely for further weakness. The bullish support line sits nearby at $632. |
| OKE ONEOK, Inc. ($93.02) - Oil Service - OKE fell to a sell signal Monday when it broke a double bottom at $93. Monday's move adds to an already negative outlook as OKE is a 2 for 5'er that ranks in the bottom half of the oil service sector matrix. From here, the next level of support sits at $91. |
| RPM RPM, Inc. ($107.70) - Chemicals - RPM gave a second consecutive buy signal and moved to a positive trend Monday when it broke a spread triple top at $104. The outlook for the stock remains negative, however, as even with the positive trend flip, RPM is an unfavorable 2 for 5'er. From here, overhead resistance sits at $116 while support can be found at $98. |
| SMG The Scotts Company ($65.24) - Chemicals - SMG returned to a buy signal and a positive trend Monday when it broke a triple top at $64. The outlook for the stock remains negative, however, as even with the positive trend change SMG is an unfavorable 2 for 5'er. From here, the net level of overhead resistance sits at $69. Meanwhile, support can be found at $48. |
| STX Seagate Technology ($589.00) - Computers - Shares of STX broke a double bottom at $616 for its fifth consecutive sell signal. The stock has weakened significantly over the last few months, falling down to sell territory as a 2 for 5'er. The stock is now in heavily oversold territory, so investors with positions could potentially hope for some consolidation or rebound in the near-term. However, its lack of long-term strength means investors should likely cut the position loose eventually. |
