$304.68
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
USFL constituent · entry card
APPENDIX · ECL · TECHNICAL TRADING SCORECARD
Scores · Trend 100.0
| RS vs S&P (20) + sector (10) | 20.0 + 10.0 = 30.0 / 30 |
| Structure (6 checks) | 30 / 30 |
| Score = (RS + structure) × 100/60 | 100.0 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Up |
| Confirmation (2 consecutive Fridays) | confirmed Up |
| Trend (confirmed) | Up |
✔ Fri close above 40-wk SMA 6/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✔ No lower high vs cycle high 5/5 · ✔ Fri close above 20-wk SMA 5/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✔ 4-mo SMA > 13-mo SMA (completed months, to Sep) 5/5
Weekly raw states: 09-25 Up → 10-02 Up → 10-09 Neutral → 10-16 Up → 10-23 Up → 10-30 Up. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 81.8
| RS (S&P 20 + sector 10) | 20.0 + 10.0 / 30 |
| Structure | 20 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 6.8 / 20 |
| Raw | 81.8 (Established Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 81.8 Established Up |
| ✔ Close above 50-day SMA 5/5 · ✔ 50-day SMA rising (10 d) 3/3 · ✔ Close above 100-day SMA 4/4 · ✔ Close above 200-day SMA 5/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✖ 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 (ECL close needed) |
|---|
| Trend · S&P | 1 Established Up (+) ↑ | +9.02% | +5.98% | Est. Up ≥ 278.71 (-8.5%) · Est. Down < 248.81 |
| Trend · XLB | 1 Established Up (+) → | +5.00% | +1.26% | Est. Up ≥ 289.59 (-5.0%) · Est. Down < 266.07 |
| Trading · S&P | 1 Established Up (+) → | +5.30% | +3.30% | Est. Up ≥ 290.63 (-4.6%) · Est. Down < 220.56 |
| Trading · XLB | 1 Established Up (+) ↑ | +1.95% | +1.15% | Est. Up ≥ 302.34 (-0.8%) · Early Up ≥ 299.26 · Est. Down < 297.66 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 304.68)
| Band | Range | Distance | Tools in the cluster |
|---|
| R1 | 306.52–310.00 | +0.6% to +1.7% | wk high 02-13 306.52 · wk high 02-27 309.27 · ATH 11-02 310.00 |
| S1 | 288.30–295.95 | -2.9% to -5.4% | wk high 10-16 295.95 · wk high 08-28 295.33 · wk high 08-07 288.45 · wk high 07-10 288.30 |
| S2 | 279.00–286.04 | -6.1% to -8.4% | wk high ’25-08-22 286.04 · wk high 06-26 283.95 · wk high ’25-10-10 282.20 · wk high ’25-10-24 280.91 · wk high 04-17 279.00 |
| S3 | 268.69–276.62 | -9.2% to -11.8% | wk high ’25-11-28 276.62 · 50% 276.57 · 200-day SMA 276.24 · 40-wk SMA 275.86 · wk high ’25-07-04 274.17 · … +1 more · wk low 08-21 273.33 · wk high ’25-07-25 272.32 · wk high ’25-06-13 271.26 · wk low ’25-10-17 268.79 · 61.8% 268.69 |
| ATH | 310.00 | +1.7% | 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 < 288.30 (-5.4%): trading downgrades one state, re-anchor to S2 279.00–286.04.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 279.00 (-8.4%): trend downgrades one state, re-anchor to S3 268.69–276.62.
- Trend vs S&P: Est. Up ≥ 278.71 (-8.5%) · above its 16-wk avg ≥ 278.71 · Est. Down < 248.81 (-18.3%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 290.63 · Est. Down < 220.56.
Sluymer context
- 2026-09-29 chartbook: “ECL is bottoming at support with improving relative performance.”
Notes & caveats
PAG U.S. Focus List holding, 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); List weight 2.50%. Benchmarks: S&P 500 (20 pts) and XLB (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).
