QUALCOMM INC. (QCOM)

Qualcomm Inc. has slipped to 90th in the SIA NASDAQ 100 Index Report, falling 44 positions over the past quarter despite the Electronics and Semiconductors sector remaining firmly in the favoured zone. With a 0/10 SMAX Score and a recent Spread Double Bottom signal, Qualcomm’s relative strength has weakened meaningfully. Today’s report reviews the key support and resistance levels now shaping QCOM’s technical structure.

CAPITAL ONE FINANCIAL CORP. (COF)

Capital One Financial Corporation currently carries a 0/10 SMAX Score and sits 80th in the S&P 100 Index Report, after slipping five positions over the past week. With the Financial Services sector falling eight spots to 18 out of 31, and a recent Triple Bottom signal emerging on the point & figure chart, the stock’s technical structure has weakened. Today’s report outlines the key support and resistance levels now defining COF’s setup.

CELESTICA INC. (CLS.TO)

Celestica Inc. has slipped to 194 out of 218 in the SIA S&P/TSX Capped Composite Index Report after falling 133 positions over the past quarter, pushing the stock into the unfavoured zone despite the Electronics and Semiconductors sector ranking 2 out of 31. With a 0/10 SMAX Score and a recent Triple Bottom signal, relative strength has deteriorated meaningfully. Today’s report examines the key support and resistance levels now shaping CLS.TO’s technical structure.

INTACT FINANCIAL CORP. (IFC.TO)

Intact Financial Corporation sits in the unfavoured zone of the SIA S&P/TSX Capped Composite Report at 177 out of 218, as the Insurance sector continues to weaken. With a 2/10 SMAX Score and a recent bearish double bottom signal, relative strength has deteriorated over the past quarter. Today’s report outlines the key support and resistance levels now defining IFC.TO’s technical structure.

FIRST SOLAR INC. (FSLR)

First Solar, Inc. has dropped 334 positions over the past quarter within the SIA S&P 500 Index Report despite the Electronics and Semiconductors sector ranking 1 out of 31. With a 0/10 SMAX Score and recent movement into the red unfavoured zone, relative strength has weakened materially. Today’s report outlines the key support and resistance levels now defining FSLR’s technical structure.

VISA INC. (V)

Visa Inc. currently carries a 0/10 SMAX Score and sits 77th in the S&P 100 Index Report, as the Diversified Services sector ranks 30 out of 31. With a recent Double Bottom signal and relative performance trailing the broader index, the technical structure has weakened. Today’s report outlines the key support and resistance levels now defining Visa’s setup.

MERCADOLIBRE INC. (MELI)

MercadoLibre Inc. has slipped to 80th in the SIA NASDAQ 100 Index Report with a 0/10 SMAX Score and a recent Spread Triple Bottom breakdown. After moving into the red unfavoured zone and turning negatively trending, relative strength has weakened materially despite the Retail sector remaining favoured. Today’s report outlines the key support and resistance levels now defining MELI’s technical structure.

INTERNATIONAL BUSINESS MACHINES CORP. (IBM)

International Business Machines Corporation has fallen to 438th in the SIA S&P 500 Index Report, declining 321 positions over the past month and 407 over the past quarter. With a 3/10 SMAX Score and a recent bearish spread double bottom signal, relative strength has weakened materially. Today’s report outlines the key resistance and support levels now defining IBM’s technical structure.

FAIRFAX FINANCIAL HOLDINGS LTD. (FFH.TO)

Fairfax Financial Holdings Limited has moved into the red unfavoured zone of the S&P/TSX Capped Composite Index Report, with a recent High Pole Warning suggesting potential emerging weakness in its technical structure. After declining 52 positions over the past quarter, relative momentum appears to be softening against the broader market. Today’s report outlines the key support and resistance levels now shaping Fairfax’s setup.

MICROSOFT CORP. (MSFT)

Microsoft Corporation has fallen to 427th in the S&P 500 Index Report as the Computer Software sector ranks 31 out of 31 and remains in the unfavoured zone. With a 2/10 SMAX Score and a recent Double Bottom signal, relative strength has weakened materially. Today’s report outlines the key support and resistance levels defining Microsoft’s current technical structure.

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