$45.24
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 | $46.88–48.21 | +3.6% to +6.6% | 200-day SMA, 40-wk SMA, wk high ’25-03-14 |
| Trading stop · daily close | below $44.03 | -2.7% | trading downgrade |
| Trend stop · Friday close | below $42.25 | -6.6% | trend downgrade one state |
| Breakout Buy Level | close above $46.19 | +2.1% | top of R1 (wk high 2024-10-04, wk high ’25-08-22) |
APPENDIX · VZ · TECHNICAL TRADING SCORECARD
Scores · Trend 54.3
| RS vs S&P (20) + sector (10) | 8.6 + 10.0 = 18.6 / 30 |
| Structure (6 checks) | 14 / 30 |
| Score = (RS + structure) × 100/60 | 54.3 / 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 0/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ 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 Neutral → 10-02 Down → 10-09 Down → 10-16 Down → 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 69.1
| RS (S&P 20 + sector 10) | 20.0 + 10.0 / 30 |
| Structure | 3 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 11.1 / 20 |
| Raw | 69.1 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 69.1 Early Up |
| ✖ 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) 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 (VZ close needed) |
|---|
| Trend · S&P | 4 Early Down (+) ↑ | -3.60% | +0.91% | Est. Up ≥ 46.67 (+3.2%) · Est. Down < 41.73 |
| Trend · XLC | 1 Established Up (+) → | +5.03% | +10.28% | Est. Up ≥ 42.92 (-5.1%) · Est. Down < 32.32 |
| Trading · S&P | 1 Established Up (+) ↑ | +3.52% | +5.69% | Est. Up ≥ 43.83 (-3.1%) · Est. Down < 36.79 |
| Trading · XLC | 1 Established Up (+) → | +6.47% | +3.38% | Est. Up ≥ 42.74 (-5.5%) · Est. Down < 31.67 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 45.24)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 48.65–49.01 | +7.5% to +8.3% | wk high 05-01 48.65 · wk low 03-20 48.91 · wk high 05-29 48.96 · wk high 07-31 49.01 |
| R2 | 46.88–48.21 | +3.6% to +6.6% | 200-day SMA 46.88 · 40-wk SMA 47.20 · wk high ’25-03-14 47.36 · wk high 06-12 48.21 |
| R1 | 45.36–46.19 | +0.3% to +2.1% | wk high 2024-10-04 45.36 · wk high ’25-08-22 45.75 · wk low 05-22 45.81 · wk high ’25-04-04 46.19 |
| S1 | 44.03–45.09 | -0.3% to -2.7% | wk low 08-07 45.09 · wk high ’25-04-18 44.89 · wk high 2024-11-29 44.73 · wk high ’25-05-23 44.55 · wk high ’25-09-05 44.48 · … +2 more · wk low 06-05 44.30 · wk low 04-17 44.27 · wk high 2024-10-25 44.20 · wk high ’25-10-03 44.09 · wk high ’25-07-04 44.03 |
| S2 | 42.25–43.49 | -3.9% to -6.6% | wk high ’25-07-25 43.49 · wk low ’25-09-26 42.96 · wk low ’25-09-05 42.88 · wk low 2024-10-11 42.80 · wk low ’25-05-16 42.25 |
| S3 | 40.81–42.06 | -7.0% to -9.8% | wk high ’25-12-05 42.06 · wk high ’25-11-14 41.73 · wk low ’25-06-20 41.60 · wk low ’25-04-25 41.34 · wk high ’25-10-31 41.32 · wk low ’25-03-14 41.17 · wk high 01-02 40.96 · wk low ’25-04-11 40.88 · wk low 10-09 40.81 |
| ATH | 62.22 | +37.5% | 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 < 44.03 (-2.7%): trading downgrades one state, re-anchor to S2 42.25–43.49.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 42.25 (-6.6%): trend downgrades one state, re-anchor to S3 40.81–42.06.
- Trend vs S&P: Est. Up ≥ 46.67 (+3.2%) · above its 16-wk avg ≥ 46.67 · Est. Down < 41.73 (-7.8%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 43.83 · Est. Down < 36.79.
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 (Communication Services; no Focus List weight). Benchmarks: S&P 500 (20 pts) and XLC (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).
