$310.55
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
USFL constituent · entry card
| Buy zone (breakout retest) | — | — | no confirmed breakout, so no retest zone |
| Profit-Taking Zone | $328.23–336.15 | +5.7% to +8.2% | wk low 03-13, wk low ’25-04-11, wk high 07-03 |
| Trading stop · daily close | below $299.19 | -3.7% | trading downgrade |
| Trend stop · Friday close | below $267.00 | -14.0% | trend downgrade one state |
| Breakout Buy Level | close above $323.27 | +4.1% | top of R1 (wk high 06-12, wk low 04-03) |
APPENDIX · SYK · TECHNICAL TRADING SCORECARD
Scores · Trend 3.3
| RS vs S&P (20) + sector (10) | 2.0 + 0.0 = 2.0 / 30 |
| Structure (6 checks) | 0 / 30 |
| Score = (RS + structure) × 100/60 | 3.3 / 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 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 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 58.8
| RS (S&P 20 + sector 10) | 20.0 + 5.7 / 30 |
| Structure | 14 / 25 |
| Coppock (daily) — positive but rolling over from >80th pctile | 6.2 / 25 |
| Band position | 12.8 / 20 |
| Raw | 58.8 (Neutral) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 58.8 Neutral |
| ✔ 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 0/5 · ✖ 200-day SMA rising (20 d) 0/3 · ✔ No daily lower high (last two swing highs) 5/5 |
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 (SYK close needed) |
|---|
| Trend · S&P | 5 Established Down (+) ↓ | -3.57% | +0.09% | Est. Up ≥ 363.25 (+17.0%) · Early Up ≥ 301.96 · Est. Down < 300.36 |
| Trend · XLV | 5 Established Down (−) → | -12.34% | -5.32% | Early Up ≥ 331.57 · Est. Down < 329.81 |
| Trading · S&P | 1 Established Up (+) → | +4.58% | +1.61% | Est. Up ≥ 299.25 (-3.6%) · Est. Down < 217.38 |
| Trading · XLV | 2 Early Up (−) ↓ | +0.84% | -0.37% | Est. Up ≥ 309.53 (-0.3%) · Est. Down < 290.35 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 310.55)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 343.95–352.80 | +10.8% to +13.6% | wk low 2024-10-11 343.95 · wk low 01-09 344.63 · wk low ’25-12-12 347.26 · wk low ’25-11-07 349.16 · wk low 02-13 349.37 · … +3 more · wk low 2024-10-25 351.29 · wk low ’25-01-10 351.85 · wk high 07-31 352.49 · wk low ’25-10-03 352.65 · wk high 04-17 352.80 |
| R2 | 328.23–336.15 | +5.7% to +8.2% | wk low 03-13 328.23 · wk low ’25-04-11 329.16 · wk high 07-03 334.75 · wk low ’25-04-25 335.12 · wk high 07-17 336.15 |
| R1 | 315.47–323.27 | +1.6% to +4.1% | wk high 06-12 315.47 · wk low 04-03 319.32 · 40-wk SMA 321.94 · wk high 05-22 322.87 · 200-day SMA 323.27 |
| S1 | 299.19–306.53 | -1.3% to -3.7% | wk low 07-17 306.53 · wk low 06-19 299.19 |
| S2 | 267.00–268.69 | -13.5% to -14.0% | wk low 09-25 268.69 · wk low 09-11 267.00 |
| ATH | 406.19 | +30.8% | 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 < 299.19 (-3.7%): trading downgrades one state, re-anchor to S2 267.00–268.69.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 267.00 (-14.0%): trend downgrades one state, re-anchor to the next lower level (none computed).
- Trend vs S&P: Est. Up ≥ 363.25 (+17.0%) · above its 16-wk avg ≥ 301.96 · Est. Down < 300.36 (-3.3%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 299.25 · Est. Down < 217.38.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
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 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).
