$109.40
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
USFL alternative · entry card
| Buy zone (breakout retest) | — | — | no confirmed breakout, so no retest zone |
| Profit-Taking Zone | $113.76–116.82 | +4.0% to +6.8% | wk high 02-13, wk low 2024-11-15, wk high 2024-12-27 |
| Trading stop · daily close | below $104.54 | -4.4% | trading downgrade |
| Trend stop · Friday close | below $101.14 | -7.6% | trend downgrade one state |
| Breakout Buy Level | close above $112.50 | +2.8% | top of R1 (wk high 07-31, wk low ’25-01-17) |
APPENDIX · ABT · TECHNICAL TRADING SCORECARD
Scores · Trend 51.7
| RS vs S&P (20) + sector (10) | 20.0 + 0.0 = 20.0 / 30 |
| Structure (6 checks) | 11 / 30 |
| Score = (RS + structure) × 100/60 | 51.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Neutral |
| Confirmation (2 consecutive Fridays) | confirmed Down; Neutral pending 1/2 |
| Trend (confirmed) | Down |
✔ Fri close above 40-wk SMA 6/6 · ✖ 40-wk SMA rising (4 wks) 0/4 · ✖ No lower high vs cycle high 0/5 · ✔ Fri close above 20-wk SMA 5/5 · ✖ Fri close above 200-wk (4-yr) SMA 0/5 · ✖ 4-mo SMA > 13-mo SMA (completed months, to Sep) 0/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Neutral → 10-23 Down → 10-30 Neutral. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 72.9
| RS (S&P 20 + sector 10) | 20.0 + 7.7 / 30 |
| Structure | 14 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 6.2 / 20 |
| Raw | 72.9 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 72.9 Early Up |
| ✔ Close above 50-day SMA 5/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✔ Close above 100-day SMA 4/4 · ✔ Close above 200-day SMA 5/5 · ✖ 200-day SMA rising (20 d) 0/3 · ✖ No daily lower high (last two swing highs) 0/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (ABT close needed) |
|---|
| Trend · S&P | 1 Established Up (+) ↑ | +1.89% | +2.31% | Est. Up ≥ 104.64 (-4.4%) · Est. Down < 90.13 |
| Trend · XLV | 5 Established Down (−) ↓ | -7.32% | -3.22% | Est. Up ≥ 117.31 (+7.2%) · Early Up ≥ 114.83 · Est. Down < 114.22 |
| Trading · S&P | 1 Established Up (+) → | +6.18% | +6.71% | Est. Up ≥ 103.46 (-5.4%) · Est. Down < 79.22 |
| Trading · XLV | 2 Early Up (+) ↑ | +2.39% | +4.63% | Est. Up ≥ 109.95 (+0.5%) · Early Up ≥ 106.99 · Est. Down < 106.42 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 109.40)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 117.34–120.70 | +7.3% to +10.3% | wk high 08-28 117.34 · 61.8% 119.59 · wk low ’25-07-18 119.77 · wk high 2024-10-18 119.85 · wk low ’25-04-11 120.47 · wk high 2024-11-29 120.53 · wk low ’25-12-12 120.70 |
| R2 | 113.76–116.82 | +4.0% to +6.8% | wk high 02-13 113.76 · wk low 2024-11-15 114.43 · wk high 2024-12-27 115.95 · wk high 02-27 116.82 |
| R1 | 110.04–112.50 | +0.6% to +2.8% | wk high 07-31 110.04 · wk low ’25-01-17 110.86 · wk low 2024-12-20 111.28 · wk low 2024-10-04 111.68 · wk low 2024-11-01 112.50 |
| S1 | 104.54–105.27 | -3.8% to -4.4% | wk low 01-30 105.27 · wk high 09-25 104.54 |
| S2 | 101.14–101.57 | -7.2% to -7.6% | 200-day SMA 101.57 · 40-wk SMA 101.14 |
| S3 | 95.06–97.67 | -10.7% to -13.1% | wk low 10-23 97.67 · wk low 10-02 95.06 |
| ATH | 142.60 | +30.3% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 104.54 (-4.4%): trading downgrades one state, re-anchor to S2 101.14–101.57.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 101.14 (-7.6%): trend downgrades one state, re-anchor to S3 95.06–97.67.
- Trend vs S&P: Est. Up ≥ 104.64 (-4.4%) · above its 16-wk avg ≥ 104.64 · Est. Down < 90.13 (-17.6%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 103.46 · Est. Down < 79.22.
Sluymer context
- 2026-09-08 chartbook: “ABT’s weekly momentum is becoming overbought as it begins to pull back from resistance at its 62% extension level with 104 followed by 95-99 support.”
- 2026-09-22 chartbook: “ABT is becoming oversold short-term following its pullback from 119 resistance to support near its 50% retracement level at 100.”
- 2026-10-13 chartbook: “ABT’s recent pullback is beginning to bottom at support between its 50-62% retracement band between 96-100. 55”
Notes & caveats
PAG U.S. Focus List alternative, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-10-14 (RBC PAG "Guided Portfolio Large Cap Equity Grid", last updated October 14, 2026 (u.s._focus_list_current.pdf; Focus List names, weights and Alternatives), Gmail (sc.assistant80@gmail.com), "USFL and CFL equity grids" from stephen.k.chang@rbc.com, Oct 21, 2026 3:20 PM PT; matches the Oct 14, 2026 U.S. Focus List Change Report); Grid Alternative (Health Care; no Focus List weight). Benchmarks: S&P 500 (20 pts) and XLV (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
