Market DynamicsRelative Strength In A Long-Term Point & Figure Chart Format
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Ticker |
Rating 1 worst 10 best |
Comments Perspective on long-term technical trend of performance. |
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ABC |
8 |
Strong up trend. Pulling back toward support. No sell signals. |
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ADI |
8 |
Breakout below a major congestion. Breakout above the old highs. No signs of a top. |
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ADTN |
7 |
Big pullback. Remains above the 45° BSL. Everything depends on the support holding the stock up. |
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AMP |
8 |
Persistent long-term uptrend. No signs of a top. |
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AMT |
8 |
Pulling back toward support. Remains above the 45-degree bullish support line. No sell signals. |
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APH |
8 |
Long-term shallow uptrend. No signs of a top. |
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BIIB |
8 |
A major base has formed. Breakout above a major consolidation. Resistance may hold it back. |
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CAM |
8 |
A major base has formed. Breakout above the old highs. Performing well. |
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CHRW |
8 |
Successful test of support. Challenging the old highs. There seems to be good chance the stock will breakout above the long-term trading range. |
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CHY |
4 |
Upside breakout did not follow through. Breaking down. Lots of overhead resistance. |
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CMS |
8 |
Breakout above a major consolidation. Pulling back toward support. Everything depends on the support holding the stock up. |
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CRR |
8 |
Strong up trend. Remains above the 45-degree bullish support line. No signs of a top. |
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CTRP |
3 |
Breaking down. Performing poorly. No indications of a reversal. |
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ENTR |
8 |
Breakout above the old highs. Performing well. Persistent long-term uptrend. |
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ESRX |
8 |
Remains above the 45-degree bullish support line. Challenging the old highs. |
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EXBD |
8 |
Breakout above the old highs. Remains above the 45-degree bullish support line. |
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FAX |
3 |
Breaking down. Lots of overhead resistance. Resistance will probably turn it back down. |
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FDS |
8 |
Persistent long-term uptrend. Remains above the 45-degree bullish support line. No signs of a top. |
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GE |
7 |
A major base has formed. Pulling back toward support. Support should hold the stock up. |
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GIS |
4 |
Backing away from resistance. No buy signals. Resistance will probably turn it back down. |
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HMIN |
3 |
A major top has formed. Remains below the 45-degree bearish resistance line. Trending down. |
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IDXX |
8 |
Persistent long-term uptrend. No signs of a top. Good support close by. |
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INTU |
8 |
Breakout above a major consolidation. Breakout above the old highs. Pulling back toward support. |
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JNPR |
8 |
Breakout above a major consolidation. No signs of a top. |
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LRCX |
8 |
Persistent long-term uptrend. Breakout above the old highs. No signs of a top. |
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LTD |
8 |
Strong up trend. Remains above the 45-degree bullish support line. Pulling back toward support. |
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MAT |
8 |
Persistent long-term uptrend. Remains above the 45-degree bullish support line. No signs of a top. |
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MDR |
8 |
Strong up trend. Remains above the 45-degree bullish support line. No signs of a top. |
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MDT |
3 |
Breakout below a major congestion. No indications of a reversal. Performing poorly. |
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MRX |
8 |
Breakout above the old highs. Pulling back toward support. |
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NVDA |
8 |
A major base has formed. Trending up. Resistance may hold it back. |
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OGE |
8 |
Long-term shallow uptrend. No signs of a top. |
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ORCL |
8 |
Long-term shallow uptrend. Challenging the old highs. Close to a new recovery high. |
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PFN |
3 |
A major top has formed. Backing away from resistance. Breaking down. |
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PMTC |
8 |
A major base has formed. Good support close by. No signs of a top. |
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RAX |
8 |
Breakout above a major consolidation. Remains above the 45-degree BSL. No signs of a top. |
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ROST |
8 |
Long-term shallow uptrend. No signs of a top. |
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STR |
8 |
Long-term shallow uptrend. No signs of a top. |
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TDC |
8 |
Strong up trend. Remains above the 45-degree bullish support line. No signs of a top. |
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TER |
8 |
Breakout above a major consolidation. No signs of a top. |
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TMK |
8 |
Challenging the old highs. Remains above the 45-degree bullish support line. |
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TRMB |
8 |
Breakout above a major consolidation. Strong up trend. No signs of a top. |
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TROW |
8 |
Breakout above a major consolidation. Strong up trend. No signs of a top |
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UTR |
3 |
A major top has formed. Breaking down. |
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VIA-B |
8 |
Persistent long-term uptrend. No signs of a top. |
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WAT |
8 |
Remains above the 45-degree bullish support line. Close to a new recovery high. |
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WDC |
4 |
A major top has formed. Rally back up into resistance. Remains below the 45-degree bearish resistance line. Resistance will probably turn it back down. |
W Clay Allen CFA
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This is not in any sense a solicitation or offer of the purchase or sale of securities. The factual statements herein have been taken from sources we believe to be reliable but such statements are made without any representation as to accuracy or otherwise. Opinions expressed are our own unless otherwise stated. From time to time we may buy and sell the securities referred to herein, and may have a long or short position therein. Prices shown are approximate.