Caterpillar’s recent rebound may be catching attention, but has its relative strength kept pace? CAT has fallen 54 positions over the past quarter into the Unfavoured zone of the SIA S&P 100 Index Report, while a fresh support break adds another consideration for advisors reviewing the name. Read the full report for the latest relative strength analysis and key technical levels to watch.
NVIDIA has climbed 82 positions in the SIA S&P 500 Index Report over the past month and now ranks 61st of 504 stocks in the Favored Green Zone. Its 9/10 SMAX score and recent returns point to strength, as the broader Electronics and Semiconductors sector remains in the Favored Green Zone. Read the full Daily Stock Report for the key support and resistance levels advisors may wish to monitor.
Palantir has climbed 448 spots in the SIA S&P 500 Index Report over the past quarter and now ranks 23rd. With Computer Software ranked fourth among 31 sectors, the shares are approaching last year’s high at $208.62. Read the full report for Palantir’s Point and Figure support levels, measured move, and performance against the S&P 500 Index Fund.
Verisign has risen 164 positions in the SIA S&P 500 Index Report over the past month and is testing resistance at its recent high. Its returns have exceeded the supplied benchmark over the past month, quarter and year to date. Read the full report for the Point & Figure levels and sector context.
Bunge Ltd. (BG) has climbed 228 positions over the past month into the Favoured Green Zone of the SIA S&P 500 Index Report. With an SMAX score of 9 out of 10 and a 45.90% return over the past year, BG continues to demonstrate strong individual momentum despite a challenging sector backdrop. Our latest report examines the key support and resistance levels to watch.
Fortinet has gained 10.73% over the past month, 19.73% during the quarter and 117.33% year to date. The S&P 500 Index Fund has returned -3.23%, 3.31% and 13.15% over the same periods. The company’s strong relative ranking, Favoured sector position and positive Point and Figure signal suggest that demand remains in control, with $174.45 representing the next technical hurdle.
Vodafone Group PLC ADR (VOD) has climbed to 19th place in the SIA International ADR Index Report after advancing 61 positions over the past quarter. With the shares now testing an important resistance level, can their strong technical momentum continue?
Read today’s Daily Stock Report to learn more.
Deere & Company (DE) holds a perfect SIA SMAX score of 10 out of 10 following a Spread Double Top point-and-figure signal. The stock ranks 10th out of 103 securities in the Favored Green Zone of the SIA S&P 100 Index Report, having risen 43 positions over the past month and 32 over the past quarter. Near-term support is located at $638.99, with additional support at $578.75 and $524.19. Extrapolated resistance levels are projected at $748.68 and $987.86.
Sasol Ltd. ADR (SSL) has advanced to third out of 255 securities in the Favoured Green Zone of the SIA International ADR Index Report. With a 10 out of 10 SIA SMAX score, SSL has risen 92 positions over the past month and returned 26.76%, compared with 0.15% for its benchmark.
Read the full Daily Stock Report for key support and resistance levels and further technical analysis.
Devon Energy Corp. (DVN) has advanced 244 positions over the past month within the SIA S&P 500 Index Report and is now positioned in the Favoured Green Zone. Supported by strength in the Energy sector, which ranks second out of 31 sectors, DVN has gained 13.96% over the past month and 46.48% over the past year.
Read the full report for Devon Energy’s key support and resistance levels and complete technical outlook.
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