Market DynamicsRelative Strength In A Long-Term Point & Figure Format |
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Ticker |
Rating 1 worst 10 best |
Comments Perspective on long-term technical trend of performance. |
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ACN |
4 |
Breaking down. No indications of a reversal. Into zone of support. Everything depends on the support holding the stock up. |
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ALL |
8 |
A major base has formed. Breakout above a major consolidation Performance improving. |
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AN |
8 |
Persistent long-term up trend. Remains above the 45-degree bullish support line. No signs of a top. |
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BAP |
8 |
Breakout above a major consolidation Breakout above the old highs. Good support close by. |
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BBT |
7 |
A major base has formed. Close to resistance at the recent highs. Very close to an upside breakout. |
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BWA |
8 |
A major base has formed. Breakout above a major consolidation Performance improving. |
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C |
5 |
Initial signs of a base are forming. No buy signals. |
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CSCO |
8 |
A major base has formed. Breakout above a major consolidation Good support close by. |
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DHR |
7 |
Big correction. Pulling back toward support. Remains above the 45-degree bullish support line. |
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EWZ |
8 |
A major base has formed. Breakout above a major consolidation Performance improving. |
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GILD |
4 |
Serious loss of upside momentum. Under a Performance Alarm. This could turn out to be a major top. |
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HD |
8 |
A major base has formed. Breakout above a major consolidation Good support close by. |
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IBM |
7 |
Remains above the 45-degree bullish support line. Some loss of upside momentum. No sell signals. |
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IFN |
8 |
A major base has formed. Breakout above a major consolidation Performance improving. |
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JKHY |
7 |
Moving sideways. Backing away from resistance. Pulling back toward support. |
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JPM |
8 |
A major base has formed. Breakout above a major consolidation Resistance may hold it back. |
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NOK |
7 |
Rally back up into resistance. Lots of overhead resistance. Resistance may hold it back. |
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NOV |
4 |
The bullish support line has failed. Under a Performance Alarm. |
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PEET |
7 |
Big correction. Remains above the 45-degree bullish support line. Pulling back toward support. |
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QCOM |
8 |
Strong up trend. Breakout above a major consolidation Performing well. |
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RIG |
7 |
Remains above the 45-degree BSL. Some loss of upside momentum. Pulling back toward support. |
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RWT |
7 |
Persistent long-term up trend. Testing the 45° BSL. Everything depends on the support holding the stock up. |
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SLB |
4 |
Big correction. Under a Performance Alarm. Pulling back toward support. |
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SSD |
7 |
Initial signs of a base are forming. Remains above the 45-degree BSL. Critical test of support. |
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STJ |
5 |
Big pullback. Overly large pullback for a stock in a strong up trend. Critical test of support. |
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VIA-B |
8 |
Breakout above a major consolidation A major base has formed. Pulling back into the base. |
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YHOO |
4 |
Attempted upside breakout failed. Big correction. Long-term trading range but trending 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.