$129.08
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 | $136.31–138.17 | +5.6% to +7.0% | wk high 10-16, wk high 09-25, wk low 06-05 |
| Trading stop · daily close | below $124.99 | -3.2% | trading downgrade |
| Trend stop · Friday close | below $121.40 | -5.9% | trend downgrade one state |
| Breakout Buy Level | close above $135.10 | +4.7% | top of R1 (wk high ’25-12-12, wk high 01-16) |
APPENDIX · PLD · TECHNICAL TRADING SCORECARD
Scores · Trend 20.0
| RS vs S&P (20) + sector (10) | 2.0 + 0.0 = 2.0 / 30 |
| Structure (6 checks) | 10 / 30 |
| Score = (RS + structure) × 100/60 | 20.0 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Down |
| Confirmation (2 consecutive Fridays) | confirmed Down |
| Trend (confirmed) | Down |
✖ Fri close above 40-wk SMA 0/6 · ✖ 40-wk SMA rising (4 wks) 0/4 · ✖ No lower high vs cycle high 0/5 · ✖ Fri close above 20-wk SMA 0/5 · ✔ 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 Down → 10-02 Down → 10-09 Down → 10-16 Down → 10-23 Down → 10-30 Down. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 38.2
| RS (S&P 20 + sector 10) | 20.0 + 0.0 / 30 |
| Structure | 0 / 25 |
| Coppock (daily) — BOUNCE tag — oversold & turning up inside a down structure (no boost) | 2.5 / 25 |
| Band position | 15.7 / 20 |
| Raw | 38.2 (Early Down) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 38.2 Early Down |
| ✖ Close above 50-day SMA 0/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✖ Close above 100-day SMA 0/4 · ✖ Close above 200-day SMA 0/5 · ✖ 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 (PLD close needed) |
|---|
| Trend · S&P | 5 Established Down (+) → | -5.45% | +2.84% | Est. Up ≥ 165.23 (+28.0%) · Early Up ≥ 134.59 · Est. Down < 133.87 |
| Trend · XLRE | 5 Established Down (−) → | -5.27% | -0.61% | Est. Up ≥ 151.21 (+17.1%) · Early Up ≥ 134.98 · Est. Down < 134.26 |
| Trading · S&P | 1 Established Up (+) ↑ | +2.88% | +2.85% | Est. Up ≥ 126.66 (-1.9%) · Early Up ≥ 125.63 · Est. Down < 124.96 |
| Trading · XLRE | 5 Established Down (−) → | -1.22% | -0.58% | Est. Up ≥ 155.93 (+20.8%) · Early Up ≥ 130.56 · Est. Down < 129.86 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 129.08)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 141.95–145.44 | +10.0% to +12.7% | wk high 02-13 141.95 · 61.8% 143.24 · wk high 08-28 143.82 · wk high 02-27 143.95 · wk high 04-17 145.44 |
| R2 | 136.31–138.17 | +5.6% to +7.0% | wk high 10-16 136.31 · wk high 09-25 136.49 · wk low 06-05 137.22 · 200-day SMA 137.82 · wk low 05-08 138.00 · 40-wk SMA 138.17 |
| R1 | 131.70–135.10 | +2.0% to +4.7% | wk high ’25-12-12 131.70 · wk high 01-16 134.94 · wk low 07-03 135.10 |
| S1 | 124.99–128.11 | -0.8% to -3.2% | wk low 04-03 128.11 · wk high 2024-10-18 127.65 · wk high ’25-10-24 127.50 · wk low 03-20 127.29 · wk low ’25-12-12 126.61 · wk low 01-09 126.00 · wk low 01-30 125.47 · wk high ’25-03-07 124.99 |
| S2 | 121.40–123.43 | -4.4% to -5.9% | wk low 10-23 123.43 · wk high ’25-02-14 122.61 · wk high ’25-01-31 122.25 · wk low ’25-11-07 121.75 · wk low ’25-11-21 121.40 |
| S3 | 116.41–119.46 | -7.5% to -9.8% | wk high 2024-11-29 119.46 · wk high ’25-10-03 118.20 · wk low 2024-10-11 117.47 · wk high 2024-11-15 117.14 · wk high ’25-09-19 116.41 |
| ATH | 174.54 | +35.2% | 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 < 124.99 (-3.2%): trading downgrades one state, re-anchor to S2 121.40–123.43.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 121.40 (-5.9%): trend downgrades one state, re-anchor to S3 116.41–119.46.
- Trend vs S&P: Est. Up ≥ 165.23 (+28.0%) · above its 16-wk avg ≥ 134.59 · Est. Down < 133.87 (+3.7%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 126.66 · Early Up ≥ 125.63 · Est. Down < 124.96.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
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 (Real Estate; no Focus List weight). Benchmarks: S&P 500 (20 pts) and XLRE (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).
