technical analysis

Over the weekend, Hewlett-Packard Company (NYSE: HPQ) announced it was splitting into two separate companies, HP Inc. and HP Enterprise. HP Inc. will encompass the personal computer business as well as its printer operations. HP Enterprise, meanwhile, will focus on its corporate hardware...

Shares of Digital Ally, Inc. (NASDAQ: DGLY) pulled back hard after peaking out at $33.59 a little over three weeks ago. In bottoming out at $15.07 Thursday, the stock retraced almost exactly 61.8 percent of the up move that took place from the mid-August low of $3.25 to the $33.59 high on...

General Electric Company (NYSE: GE) shares are back under pressure as the market has gone from a "straight-up" trajectory to a more volatile consolidation phase. In general, the stock was lagging to begin with, so difficult market conditions have only weighed GE down more. So, how...

FedEx Corporation (NYSE: FDX) shares gapped up and exploded to new all-time highs last week after successfully remaining above September's intermediate-term uptrend line. With falling crude oil prices serving as a major tailwind for the company and the stock, how high can FedEx rise? The...

United Parcel Service, Inc. (NYSE: UPS) shares have risen from $97.95 on September 2 to nearly $100 by the end of last week. During that same time, crude oil futures fell more than 3 percentage points. With technicians calling for crude to trade down to the $86.13-88.14 range in the short-term...

Shares of The Allstate Corporation (NYSE: ALL) have become very overbought in the short-term and could be due for a correction. Is that enough evidence for the bears to take serious positions against the stock? What The Bulls See… • A stock with a strong technical picture....

Paychex, Inc. (NASDAQ: PAYX) has inched higher over the last few weeks, along with the general rise in the US large- to mid-cap equity markets. Now that shares are trading just below correction resistance at $43.37, technicians are wondering if it –- and the market –- will continue...

Automatic Data Processing (NASDAQ: ADP) has been on a dream run to the upside since the 2008 and 2010 lows, rallying nearly 300 percent. With the stock at all-time highs and testing the upper edge of a very long-term uptrend channel on the chart, it behooves those who are bullish to assess the...

Altria Group Inc (NYSE: MO) shares have performed just as the technical crowd thought they would on September 3. At that time, they thought a breakout above the previous resistance of $43.70 would occur and that a continued move to the upper edge of the long-term uptrend channel at $46 to $48...

The last time the International Business Machines Corp. (NYSE: IBM) story was covered on August 21, technicians noted that the bears would remain in control as long as the stock did not close above the $191.90 level. As long as that level held up as resistance, they said, a move down to the $...

Twitter Inc (NYSE: TWTR) stock still looks strong technically, despite the short-term pullback in the shares. Are the bulls right that this is merely a “pause that refreshes”? The Bullish View... The bulls in the Twitter camp point to the company's very strong balance sheet: $...

Apple Inc. (NASDAQ: AAPL) has reacted sharply of late. The stock is up more than 2 percent since September 10. The move played out just as technicians thought, and now a move down to the mid-$90 range seems to be in progress. The estimated downside target for this move (“c” leg of...