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☆ Ether is set to gain ground on bitcoin with charts indicating 20% upside from here
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: +3 min

With bitcoin approaching a major breakout attempt and new all-time highs, it continues to attract all of the attention and rightly so. While it may seem like ether has been out of favor for a considerable length of time, it's not anything different than we've seen before over the years. Overall, there have been five relative phases – with the other two being the times when ETH outperformed BTC. But we've seen it before. Every time is different, but we've now seen bitcoin and ETH leverage technical patterns for nearly a decade now.

Persons: we've, they've, Frank Cappelleri Organizations: ETH, BTC, CNBC, NBC UNIVERSAL Locations: ETH

☆ Looking for hints in the stock charts ahead of earnings results from Meta and Alphabet
▼ + stars: | 2024-10-23 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

In fact, the period just before and just after a stock reports is a perfect time to review the relevant patterns and levels. We're going to do just that today for Netflix (NFLX) , Meta (META) and Alphabet (GOOGL) , the biggest components of the S & P 500's communication services sector. Alphabet bullish pattern Alphabet reports earnings next week on Tuesday. Meta's key area Lastly, but certainly not least, Meta reports next Wednesday. Like NFLX and GOOGL, it's done a good job extending from upside gaps and filling downside gaps in 2024 in between earnings reports.

Persons: NFLX, that's, Meta, it's, Frank Cappelleri Organizations: Netflix, Meta, CNBC, NBC UNIVERSAL Locations: NFLX

☆ What the charts say about whether the S&P 500 can continue higher into year-end
▼ + stars: | 2024-10-16 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +5 min

The S & P 500 continues to make new highs, and volatility continues to decline. First, the S & P 500 has logged just two absolute 1% moves since Sept. 19, which is nearly a month's worth of trading. In fact, 114 S & P 500 stocks made new 52-week highs on Tuesday, which was the first time we've had over 100 since 7/16/24. With the day's opening and close both being higher and lower than the prior session's, this created a bearish engulfing pattern. The bottom line is that the S & P 500 and dozens of its holdings have built up substantial cushions by strongly coming back from the August lows.

Persons: we've Organizations: CNBC, NBC UNIVERSAL

☆ This software ETF is breaking out from a multi-year range, according to the charts
▼ + stars: | 2024-10-09 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

Of the 175 key ETFs that we track, just one made a new all-time high on Tuesday – the iShares Expanded Tech-Software Sector ETF (IGV) . IGV, thus, was the first major technology ETF to hit new highs after a very turbulent past few months. Before Tuesday, IGV's last all-time high happened way back in November 21 (nearly three years ago), when the ETF hit an intra-day high of $89.76. For some context, while the SPDR Technology ETF (XLK) hit a low on the same day in November 202222, its snapback unfolded much more quickly. XLK hit a new all-time high way back in July 2023 and has kept going.

Persons: IGV's, XLK, IGV, it's, Frank Cappelleri Organizations: Software Sector, Technology, RSI, CNBC, NBC UNIVERSAL

☆ Energy ETF setting up for a breakout of a two-decade range, according to the charts
▼ + stars: | 2024-10-02 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

The Energy Select Sector SPDR ETF (XLE) was the worst performing sector ETF in September. The XLE ETF (and many of its holdings) has been trying to etch out a bottom for a number of weeks, and the charts we're reviewing today suggest that momentum finally could be turning positive. XLE has been making lower lows and lower highs since peaking in March. Both prior times, eventually logging a higher low gave XLE the firepower it needed to finally punch through a key downtrend line. Recently, the higher lows have been marginal, but considering that we haven't seen a material lower low in nearly five years, it's noteworthy.

Persons: it's, XLE, It's, XLE's downtrend, We've, Said, we're, Frank Cappelleri Organizations: CNBC, NBC UNIVERSAL

☆ Tesla is poised for a breakout, according to the charts
▼ + stars: | 2024-09-13 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

Before we get into the charts, it's important to discuss the process of choosing to write about TSLA this week. In other words, oftentimes, the most comprehensive method to locate constructive trade set-ups is reviewing a big list and taking note of the charts that look attractive. That's why I frequently intentionally do NOT look at the chart's stock symbol while going through a long list. I want the chart, and only the chart, to be the factor that influences my decision to potentially buy or sell it. Thus, seeing the above potential breakout attempt come to fruition would have a meaningful impact on its longer-term trend, too.

Persons: TSLA, That's, Frank Cappelleri Organizations: Tesla, CNBC, NBC UNIVERSAL

☆ This real estate ETF is breaking out after going nowhere for a long time, according to the charts
▼ + stars: | 2024-07-31 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

The Real Estate Select Sector ETF (XLRE) is the worst performing sector ETF in 2024, up about 3.5% right now. The ETF is net-flat going all the way back to September '22. But, it has been the best sector ETF in July, with a monthly gain of nearly 8%. The answer is a resounding yes… if the breakout in the SPDR S & P Homebuilders ETF (XHB) to new highs is any indication. And if rates are going to keep declining, then XLRE will have a strong tailwind to potentially catch up to XHB once again.

Persons: XLRE hasn't, XLRE, XHB, Frank Cappelleri Organizations: Federal Reserve, CNBC, NBC UNIVERSAL

☆ Pro Talks: Frank Cappelleri on how he breaks through market noise and charts winning stocks
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Frank Cappelleri on how he breaks through market noise and charts winning stocksCNBC's Dominic Chu sits down with Frank Cappelleri, founder and president of independent research firm CappThesis, as he breaks down how he uses technical analysis to navigate the ever-changing stock market. Cappelleri shares how charts help him find small-cap stars, ETFs poised for a breakout and more. Plus, he takes stock-specific questions from Pro subscribers.

Persons: Frank Cappelleri, Dominic Chu

☆ Frank Cappelleri on using charts to successfully navigate the markets
▼ + stars: | 2024-07-26 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

For Frank Cappelleri, technical analysis — reading charts to identify patterns in stocks and other assets — is not an art or a science. (Pro subscribers can watch the full interview, including Cappelleri's outlook on the stock market, here .) The technician, who has 25 years of experience trading stocks and analyzing chart patterns, discusses: How he started his career in technical analysis and the lessons he's learned. How he identifies what's a signal and tunes out noise from a chart. His approach to risk management — by looking at chart patterns.

Persons: Frank Cappelleri, CappThesis, CNBC's, Dominic Chu, he's

☆ Small-cap ETF poised to break out to all-time high and perhaps beyond, according to the charts
▼ + stars: | 2024-07-17 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

As is clear, that objective is considerably higher than the 2021 peak, which was the last time IWM made a new all-time high. The obvious question then would be this: If IWM does, in fact, make a new all-time high, what happens next? First, notice how well the IWM/SPX relative line performed as it rallied from a key low to a peak since 2011. Conversely, during the three times that IWM has broken out to new highs in absolute terms, the IWM/SPX relative line has declined soon thereafter. In fact, the relative line has been diverging from IWM for 13 years and hasn't made a higher high since 2011.

Persons: Russell, IWM, shouldn't, What's, hasn't, Frank Cappelleri Organizations: CNBC, NBC UNIVERSAL Locations: IWM

☆ Financial ETF nears substantial breakout, according to the charts
▼ + stars: | 2024-07-10 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

The charts indicate the ETF could be nearing a substantial breakout attempt. The ETF is comprised of five industries: financial services (33%), banks (26%) capital markets (21%), insurance (16%) and consumer finance (4%). Daily Bullish Pattern First, here's the daily chart. The SPX finally eclipsed its 2007 high in 2013; the XLF reclaimed its 2007 high in 2021, but that didn't hold. Putting it all together, a successful daily pattern breakout also would help the much bigger weekly pattern break out, which would finally create distance from the 2007 high and prompt a multi-decade breakout.

Persons: Banks, XLF, it's, that's, Frank Cappelleri Organizations: CNBC, NBC UNIVERSAL

☆ A full breakdown of the S&P 500's chart and what it indicates about the second half
▼ + stars: | 2024-07-02 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +5 min

Let's look at what the the S & P 500's first half taught us about the chances for more gains in the second half. From Q1 1995 through Q2 1998, the S & P 500 was up 14 straight quarters. Below are four important factors we're continuing to watch closely into the year's second half. 116 of them are up more than the S & P 500 (+14.8%) through July 1 st , 2024. Good closes The S & P 500 has closed above its intra-day mid-point 77/125 trading days through Monday.

Persons: We've, That's, they'll, Frank Cappelleri Organizations: CNBC, NBC UNIVERSAL

The iShares U.S. Pharmaceuticals ETF (IHE) is up 9% since July 2015, when it hit a fresh all-time high. All of the back-and-forth movement since 2015 has produced what could be a monstrous bullish pattern. But we're trying to capture a major breakout from an area that's done next to nothing in nearly a decade. INVA, on the other hand, bottomed in March 2023, and just recently broke out of a large inverse head & shoulders pattern. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: IHE, Eli Lilly, Johnson, JNJ, MRK, Frank Cappelleri Organizations: U.S . Pharmaceuticals, IHE, Merck, CNBC, NBC UNIVERSAL Locations: U.S, LLY

☆ Three under-the-radar tech stocks poised for a breakout, according to the charts
▼ + stars: | 2024-06-20 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

But investors focusing on those big three may be missing some compelling breakouts in the sector, according to the charts. Microsoft is up a pedestrian 10% since then, but combined, they've helped propel the SPDR Technology ETF (XLK) to a new all-time high. Indeed, there's nothing wrong with riding a trend, but many times a long uptrend starts with a pattern breakout. And starting in 2023, the following combination has produced the best results: rallying from a higher low as the stock's 14-day Relative Strength Index bottoms near 50. It's never perfect, but this setup has presented favorable risk-reward scenarios more often than not, and each ensuing bounce eventually resulted in higher highs.

Persons: they've, ROP, it's, It's, Frank Cappelleri Organizations: Nvidia, Apple, Microsoft, SPDR Technology, Roper Technologies, Technology Locations: Here's

☆ This biotech ETF could be poised for a breakout after a few challenging years, according to the charts
▼ + stars: | 2024-06-12 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

Like so many speculative growth ETFs and stocks, the S & P SPDR Biotech (XBI) ETF is nowhere close to its former all-time high from early 2021. Even though the ETF now is up considerably from that point, many traders still have wanted nothing to do with it. We can understand why, especially when so many other stocks surpassed their respective former highs many months ago. The vertical blue lines depict when the 50-DMA crossing OVER the 200-DMA led to strong and extended upside follow through. It's been a challenging few years for XBI, but as these charts show, the blueprint for a continued comeback is there.

Persons: It's, XBI, Frank Cappelleri Organizations: SPDR Biotech Locations: Nasdaq

☆ Bitcoin is on the verge of a bullish breakout again. What to watch on the charts
▼ + stars: | 2024-06-05 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

Despite the wild ride from a performance and volatility perspective, over the last six months, BTC has continued to do one thing very well – adhere to the technicals. It never violated the breakout zone from October'23 and hit the target by early March. Each prior falling wedge pattern breakout was accompanied by its RSI moving to overbought territory. Two Bullish Patterns on One Chart The second and third bullish formations appear on this chart. To reiterate, these targets are attained simply by adding the height of each pattern to the breakout points.

Persons: bitcoin, Let's, it's, Frank Cappelleri Organizations: SEC, BTC Locations: bottoming

☆ The charts say this energy stock is showing signs of leadership that must be respected
▼ + stars: | 2024-05-29 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

One of the best performing stocks in the underperforming energy sector looks ready for another potential up leg, according to the charts. The Energy Select Sector SPDR ETF (XLE) has underperformed the S & P 500 thus far in 2024, but with a year-to-date gain of about 8.5%, it's actually the fifth best sector out of 11. From the closing low in May 2023 to its recent closing high on April 5, it gained a whopping 109%. However, when the stock finally emerged from that condition a year ago, demand resurfaced, and the strong advance commenced. Lastly, even after MPC's recent 20% decline, the stock has drastically outperformed both the XLE Energy ETF and the S & P 500 since the COVID lows.

Persons: it's, haven't, Said, XLE, Frank Cappelleri Organizations: Marathon Petroleum, MPC, Marathon Oil, ConocoPhillips, XLE Energy

☆ The key levels to watch on Nvidia's stock chart with its big earnings report almost here
▼ + stars: | 2024-05-22 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

That's not a lot of wiggle room if the stock reacts negatively to earnings: if the stock undercuts $915 (and stays below it), the breakout would be nullified. In other words, if an upside gap is filled this time instead, the market could be telling us that something has changed. In other words, NVDA has had many years of success both as a company and as a stock. It would take a lot more than a reaction to a single earnings report to change that. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: it's, we're, That's, NVDA, Frank Cappelleri Organizations: Nvidia

☆ Chart analysis signals the bull market has further to go with possible S&P 500 upside target of 6,100
▼ + stars: | 2024-05-15 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

With the S & P 500 making a fresh all-time high Wednesday morning, it has erased the 6% pullback in short-order. By late March, momentum began to slow, and it became clear that it would take some time to see the next bullish pattern. That means there still has not been a successful bearish pattern (big or small) since last October. If the S & P 500 can't hold this latest push to new highs, then a bullish formation like this could be constructed. The bottom line is this: Strong trends are made from both bullish patterns working and bearish patterns failing.

Persons: Frank Cappelleri Organizations: CNBC Pro

☆ Bank stocks seem poised for a breakout, according to the charts
▼ + stars: | 2024-05-08 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

Bank stocks have been in comeback mode since making a key low post the regional bank crisis in 2023. A new breakout could be on the horizon, according to the charts. Two of the most popular bank ETFs are the SPDR S & P Regional Banking ETF (KRE) and the SPDR S & P Bank ETF (KBE) . Both are lagging the S & P 500 in 2024, which is +8.2% YTD. The bottom line is that both KRE and KBE have been forming bullish patterns, and we could see breakout attempts soon.

Persons: KRE, it's, Frank Cappelleri Organizations: JPMorgan, Regional Banking, P Bank ETF

☆ A tip from the charting pros for navigating this difficult market
▼ + stars: | 2024-05-01 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

Currently, the S & P 500 just endured four 1% declines in a month for the first time since last October (5). The index's 20-day moving average has undercut the 50-day moving average for the first time since November, and there's a noticeable potential three-month topping pattern in play, as well. The 20-day moving average just crossed above the 50-day moving average, and both lines have started to curl higher. To drive this point home further, the upside-down version of the current S & P 500 looks a lot like… the S & P 500 (right-side-up) from last fall, as the index was coming back from the August-October correction. Here's a picture of the biggest bullish pattern from 2023, which was triggered soon after the 20-day moving average crossed over the 50-day moving average.

Persons: permabears, permabulls, it's, Frank Cappelleri

☆ This little-known stock is one of the few making new highs. The charts signal it can keep going
▼ + stars: | 2024-04-17 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +3 min

On Tuesday, 267 S & P 500 stocks made new 20-day lows. Only one S & P 500 component made a new 20-day high. As is clear, the stock has broken out of one bullish pattern (blue) and is trying to trigger another one (green). Lastly, VLTO's former parent company, DHR, has underperformed both the S & P 500 and the industrials sector since it topped in 2021. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: it's, VLTO, It's, Frank Cappelleri

☆ If yields start moving at a faster pace, stocks will suffer, says Frank Cappelleri
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf yields start moving at a faster pace, stocks will suffer, says Frank CappelleriFrank Cappelleri, Founder and President of CappThesis, lays out the technical signals the markets are sending.

Persons: Frank Cappelleri Frank Cappelleri

☆ CappThesis founder on regional banks ETF: Been a comeback story since last March
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCappThesis founder on regional banks ETF: Been a comeback story since last MarchFrank Cappelleri, CappThesis founder and president, joins 'Money Movers' to discuss his thoughts on the overall equity market, Cappelleri's thoughts on the attempted comeback from the real estate sector, and more.

Persons: Frank Cappelleri

☆ S&P 500 can pull back 7-8% and still keep the 6,100 breakout target: CappThesis' Frank Cappelleri
▼ + stars: | 2024-03-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailS&P 500 can pull back 7-8% and still keep the 6,100 breakout target: CappThesis' Frank CappelleriFrank Cappelleri, CappThesis founder and president, joins 'Squawk Box' to discuss bitcoin's price rebound, the latest gold rally, latest market trends, and more.

Persons: Frank Cappelleri Frank Cappelleri

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