This quick technical analysis examines Goeasy (GSY.TO), focusing on its recent decline in both absolute and relative terms. With shares down 15.45% YTD, we highlight key support levels and the stock’s negative SMAX score, indicating a lack of relative strength in the market.
In today’s volatile market, the need for a defensive strategy has never been more critical. With cash now topping the SIA asset ranks and sector rotations signaling a flight to safety, identifying high-yield, high-relative strength opportunities could be essential. South Bow Corporation (SOBO.TO) may stand out as a prime example, boasting a strong 89.58% SIA Rank, a 7.91% dividend, and consistent performance in the favored zone of the SIA Combined Dividend report. As market uncertainty continues, positions like SOBO.TO may offer a solid foundation for a defensive portfolio. Please don’t forget to throw your colleagues a fish with South Bow, or even better, refer them to one of the SIA account managers and let’s teach them how to fish.
Shares of Gold Fields Ltd. (GFI) are potentially breaking out after 20 years of resistance, with the stock challenging the key level at $18.85, which has historically been a point of resistance. A successful move above this level could indicate a significant shift in the stock’s long-term trend.
Today, we continue building on our Daily Stock Report by examining two important data sets, focusing on the recent developments within the SIA platform. This week, we highlight the shift in the SIA Asset Class Rank, with CAD Equity now in the #1 position, surpassing U.S. Equity. We also dive deeper into the Insurance sector, where we identify opportunities, including Power Corp. (POW.TO), which may be showing strong SIA technical attributes. Through several charts, we’ll explore the growing strength of POW.TO and its potential moving forward.
In today’s analysis, we build upon the previous exploration of the SIA Sector Scope methodology by diving deeper into the SIA Insurance sector report. Instead of simply selecting the top performer, we focus on identifying stocks that are rising through the ranks, using Erie Indemnity Company (ERIE) as a case study. This examination highlights how to apply technical analysis and SIA rankings to uncover potential emerging leaders in the market.
Microsoft Corp. (MSFT) has experienced a significant relative strength decline, now sinking to its lowest position within the SIA S&P 100 Index since January 2023. As its share price falters, the focus shifts to its relative underperformance, raising concerns for SIA practitioners who rely on comparative analysis to aid in portfolio outperformance. This decline may signal a critical turning point for MSFT, requiring close attention to key technical levels and market signals.
NVDA, the big winner in 2024, has struggled at the start of 2025, with both its shares and sector turning negative on SIA relative strength rankings. The attached charts reveal a pullback in strength, with the point and figure chart indicating potential support at current levels but showing resistance near $125.59, and a broader support zone between $103.02 and $97.08. Sellers appear to be gaining control, as recent sell-offs have been followed by limited recoveries.
Shares of Broadcom Inc. (AVGO) have fluctuated in and out of the favored zone within the SIA NASDAQ 100 Index Report over the past quarter. Point and Figure technical analysis indicates that supply is in control, with potential initial support levels at $184.48 and $188.97 with more at the $157.45 and $134.39, while resistance is tight at $216.15 and $220. The weekly candlestick chart shows a loss of upward momentum at the $240 level, with support breaking at $210.
Applovin Corp. (APP) was one of the top-performing stocks of 2024, but in early 2025, shares have come under significant selling pressure. After rising from $16 in mid-2023 to over $500, the stock has now pulled back to just above $300. In lieu of its high Price/Earnings ratio of over 100X, APP might be on shaky ground. This report highlights key technical indicators, including relative strength, resistance levels, and price movements, which might suggest further downside.
The SIA platform has highlighted a shift in sentiment toward Chinese equities, with notable performers like the Invesco China Technology ETF (CQQQ) rising to the top of SIA reports. While CQQQ approaches key resistance levels, it continues to show strength relative to other asset classes, backed by a high SIA SMAX score.
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