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Bank Of America (BAC) Is Technically Concerning

by Greg Schnell

The banks have been rocking as they have been surging since last summer. In the last few months they have paused their rally. Since they announced earnings, they have not really rallied... Read More 

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Exact Sciences Corp Posts Solid Results, Completes Right Side Of Cup

by Tom Bowley

On Thursday morning, Exact Sciences Corp (EXAS) was the #1 percentage gainer on the NASDAQ, rising nearly 26%. While that's a massive move by any measure, I doubt that the move higher in EXAS has ended... Read More 

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Dell Technologies (DVMT) Pushes Up Out Of Consolidation

by Greg Schnell

Dell Technologies (DVMT) was a recent IPO out of Dell and EMC. Here is the chart. With the technology stocks trading so well, this chart continues to climb. The volume is a little obscured by the 40 Million share candle... Read More 

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Vodafone and Cable Could be Bottoming

by Arthur Hill

Even though Vodafone remains in a long-term downtrend, the stock has been on my watch-list recently because it could be putting in bottom. Analysis of Vodafone and other ADRs is not straight-forward because there is a currency component... Read More 

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Caterpillar (CAT) Breaks Out On Earnings

by Greg Schnell

Caterpillar (CAT) broke out on earnings today. Let's look at the chart. This chart absolutely launched above resistance. The SCTR soared to 93, the Relative Strength pushed to new 4-month highs. This chart looks very strong. Finning (FTT... Read More 

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EuroTop 100 Hits New High, but Still Not Outperforming S&P 500

by Arthur Hill

The Eurotop 100 Index surged over 2% and hit a new high to affirm its current uptrend, which began with the breakout and golden cross in early December. The index established support around 2900 over the last two months and this is the first area to watch going forward... Read More 

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HON Climbs With An Earnings Pop On High Volume

by Greg Schnell

Honeywell (HON) had a nice earnings report that popped the stock after a shallow pullback. This price move generated signals on various indicators. The SCTR surged above 75 and the Relative Strength surged to new 9 month highs... Read More 

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Dycom Breaks Cup Resistance With Strong Volume

by Tom Bowley

Our major indices have been consolidating for many weeks and that's enabled many individual stocks to consolidate in bullish continuation patterns... Read More 

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Etrade Corrects into Fibonacci Cluster

by Arthur Hill

It has been a rough year for small-caps because the Russell 2000 iShares is up just 1.34% year-to-date and severely trailing the S&P 500 SPDR, which is up around 5.5%... Read More 

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Aflac (AFL) Quacks Out A New High - Members Dashboard Tip

by Greg Schnell

Some commercials are more memorable than others. As soon as we are reminded of the word Aflac, we immediately think of the white duck in a bizarre situation screaming AFLAC ! Without question, the commercials work for brand recognition... Read More 

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Industrials SPDR Becomes Oversold and Finds Support

by Arthur Hill

The Industrials SPDR (XLI) is at an interesting juncture because the long-term trend is up and it is testing the January breakout. After hitting a 52-week high in February, the ETF fell back to the breakout zone in the 63... Read More 

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Wal-Mart (WMT) Hints At New 52 Week Highs - Search Tip

by Greg Schnell

Wal-Mart (WMT) started ringing all kinds of alarm bells this week. Let's look at the chart, and then in the educational segment, I'll show some of the technical signals that Wal-Mart is marking. Wal-Mart's SCTR has been rising recently... Read More 

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Utilities Surge as 10-yr T-Yield Drops below 2.3%

by Arthur Hill

The Utilities SPDR (XLU) surged as the S&P 500 fell below its 50-day SMA on Wednesday. Overall, notice that the 50-day EMA crossed the 200-day EMA in mid December and the ETF hit a 52-week high in late March. XLU is the strongest of the nine sectors since November 30th (+12... Read More 

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StockCharts Adds A Webinar Tab ! MTA Review

by Greg Schnell

Arthur Hill, Julius De Kempenaer and Greg Schnell all attended the Market Technicians Association meeting in NYC last week. With hours of presentations going on in multiple rooms it was very clear that technicians offer lots of variety and unique methods of covering the market... Read More 

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General Electric Finds Support, but Remains Short of a Breakout

by Arthur Hill

It has been a rough year for General Electric (GE) because the stock is down around 4% and underperforming the S&P 500 SPDR (SPY), which is up around 6% this year... Read More 

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Looking For A Bottoming Reverse Head & Shoulder Breakout

by Tom Bowley

Kratos Defense & Security Solutions (KTOS) has been in a steady uptrend for the past 15 months and its SCTR (StockCharts Technical Rank) has risen back above 70, suggesting that KTOS is becoming more attractive relative to its peers... Read More 

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Omeros Corp (OMER) Finds A New High

by Greg Schnell

Omeros (OMER) has been weak for the last two years. In the last week, it surged to new 52-week highs and kept adding to it this week. The SCTR shows the stock as a weak performer for the last two years which suggests avoidance... Read More 

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Charter Forms The Right Side Of A Cup

by Tom Bowley

Charter Communications (CHTR) extended its multi-year uptrend in late January with a heavy volume gap higher. CHTR spent the next several weeks consolidating and unwinding very overbought conditions... Read More 

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Ares Capital Corp (ARCC) Continues To Climb With A Strong Dividend

by Greg Schnell

Ares Capital Corp (ARCC) has a beautiful chart and this week's price action suggests this trend should continue. After consolidating sideways, the chart continued its upward ascent out of the trading range. The MACD had pulled back to the centre line and turned back up today... Read More 

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Russell 2000 Establishes a Clear Line-in-the-Sand $RUT

by Arthur Hill

The Russell 2000 surged last week and this bounce gives chartists a clear level to watch going forward. The chart below shows the small-cap index surging from early November to early December and then stalling between 1330 and 1390 for nine weeks... Read More 

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Defense Stocks Resolve Momentum Issues, Poised To Lead

by Tom Bowley

Bullish rotation continues in most areas of the market and we saw a perfect example of that last week in the Dow Jones U.S. Defense Index ($DJUSDN). The DJUSDN had a HUGE month in February, gaining roughly 6.5% in that month alone... Read More