Three names clear the trend-and-momentum bar while Nike, Realty Income and P&G read Sell
Prices below are the October 2 daily close read from the platform, in the currency shown. Fifteen names were read on the daily and weekly candle against the FST Classic rules (RSI, the 200 day EMA, and the MACD histogram). No news was researched today, so every call rests on these readings alone, and fair values were not computed.
1Today's October 5 signal breakdown
LRCXLam ResearchENTER$345.867/120
- Action
- Trend and momentum agree, RSI extended
- Confidence
- Medium
- Key risk
- RSI 66.54 is extended after a run higher
Enter. Two of three. Price 345.80 USD sits 30.6 percent above its 200 day average of 264.83, and the MACD histogram of 6.378 clears the 0.35 band. RSI is 66.54, well above the under-30 level this setup wants before calling momentum a reason to buy.
MSFTMicrosoftENTER$525.1867/120
- Action
- Trend and momentum agree
- Confidence
- Medium
- Key risk
- RSI 66.17 is extended after a 1.48% day
Enter. Two of three. Price 525.18 USD sits 14.3 percent above its 200 day average of 459.35, and the MACD histogram of 0.948 clears 0.35. RSI is 66.17, above the under-30 threshold.
SHOP.TOShopifyENTERC$228.1767/120
- Action
- Trend and momentum agree, up 5.7% on the day
- Confidence
- Medium
- Key risk
- RSI 69.25 and a single-day 5.7% move raise reversal risk
Enter. Two of three. Price 228.17 CAD sits 19.5 percent above its 200 day average of 190.97, up 5.7 percent on the day, and the MACD histogram of 3.434 clears 0.35. RSI is 69.25, extended and above the under-30 threshold.
GOOGLAlphabetHOLD$346.4733/120
- Action
- Trend intact, momentum neutral
- Confidence
- Low
- Key risk
- MACD histogram 0.14 is short of the 0.35 buy band
Hold. One of three. Price 346.47 USD sits 4.8 percent above its 200 day average of 330.58, the only condition that passes. RSI is 52.40 and the MACD histogram is 0.139, short of the 0.35 band by about 0.21.
CNQ.TOCanadian Natural ResourcesHOLDC$68.9333/120
- Action
- Trend intact, momentum negative
- Confidence
- Low
- Key risk
- MACD histogram -0.11, momentum not yet confirming
Hold. One of three. Price 68.93 CAD sits 14.3 percent above its 200 day average of 60.32. RSI is 52.91 and the MACD histogram is -0.109, not yet confirming.
AEM.TOAgnico Eagle MinesHOLDC$261.4133/120
- Action
- Trend intact, momentum weak
- Confidence
- Low
- Key risk
- MACD histogram -3.10, down over the past 20 sessions
Hold. One of three. Price 261.41 CAD sits 2.1 percent above its 200 day average of 256.14. RSI is 44.67 and the MACD histogram is -3.099, the weakest momentum reading of the three Hold names above trend.
ENB.TOEnbridgeHOLDC$65.6533/120
- Action
- Below the 200 day average, momentum flat
- Confidence
- Low
- Key risk
- RSI 30.99, close to oversold
Hold. One of three, read on the sell side. Price 65.65 CAD is 7.4 percent under its 200 day average of 70.90, which is the one condition that passes. RSI is 30.99, near but not through the oversold line, and the MACD histogram is flat at 0.018.
TD.TOToronto-Dominion BankHOLDC$167.2233/120
- Action
- Trend intact, momentum negative
- Confidence
- Low
- Key risk
- MACD histogram -0.35, momentum has stalled
Hold. One of three. Price 167.22 CAD sits 11.8 percent above its 200 day average of 149.51. RSI is 46.02 and the MACD histogram is -0.352, just missing the 0.35 band on the wrong side.
ACNAccentureHOLD$195.0533/120
- Action
- Below the 200 day average, momentum positive
- Confidence
- Low
- Key risk
- Price is 2.2% under the 200 day average of 199.49
Hold. One of three. Price 195.05 USD sits 2.2 percent under its 200 day average of 199.49, so the trend condition fails. The MACD histogram of 1.269 clears 0.35, the one condition that passes. RSI is 56.34.
AVGOBroadcomHOLD$362.5133/120
- Action
- Below the 200 day average, momentum positive
- Confidence
- Low
- Key risk
- Price is 1.2% under the 200 day average of 366.81
Hold. One of three. Price 362.51 USD sits 1.2 percent under its 200 day average of 366.81, so the trend condition fails. The MACD histogram of 1.683 clears 0.35, the one condition that passes. RSI is 52.07.
GEGE AerospaceHOLD$306.3433/120
- Action
- Below the 200 day average, momentum mixed
- Confidence
- Low
- Key risk
- RSI 32.69, approaching oversold
Hold. One of three, read on the sell side. Price 306.34 USD is 5.4 percent under its 200 day average of 323.79, which is the one condition that passes. RSI is 32.69, approaching oversold, and the MACD histogram is 0.119, not confirming a sell.
CCLCarnivalHOLD$25.5633/120
- Action
- Below the 200 day average, momentum positive
- Confidence
- Low
- Key risk
- Price is 4.6% under the 200 day average of 26.79
Hold. One of three. Price 25.56 USD sits 4.6 percent under its 200 day average of 26.79, so the trend condition fails. The MACD histogram of 0.570 clears 0.35, the one condition that passes. RSI is 61.80.
PGProcter & GambleEXIT$145.9467/120
- Action
- Below the 200 day average, momentum negative
- Confidence
- Medium
- Key risk
- Only 0.9% under the 200 day average, a thin margin
Exit. Two of three, read on the sell side. Price 145.94 USD is 0.9 percent under its 200 day average of 147.32, a thin margin. The MACD histogram is -0.190, below zero and confirming. RSI is 49.64.
NKENikeEXIT$33.9667/120
- Action
- Well below the 200 day average, momentum negative
- Confidence
- Medium
- Key risk
- RSI 29.13, near oversold, a bounce risk
Exit. Two of three, read on the sell side. Price 33.96 USD is 30.2 percent under its 200 day average of 48.66. The MACD histogram is -0.061, below zero and confirming. RSI is 29.13, near oversold.
ORealty IncomeEXIT$53.7767/120
- Action
- Below the 200 day average, deeply oversold
- Confidence
- Medium
- Key risk
- RSI 19.10 is deeply oversold, a sharp bounce risk either way
Exit. Two of three, read on the sell side. Price 53.77 USD is 11.5 percent under its 200 day average of 60.77. The MACD histogram is -0.156, below zero and confirming. RSI is 19.10, deeply oversold, the lowest reading in the group.
3What would change it
- LRCX: stays Enter while price holds above the 264.83 trend line; RSI easing back toward 30 would add the third condition.
- MSFT: stays Enter while price holds above the 459.35 trend line.
- SHOP.TO: stays Enter while price holds above the 190.97 trend line; a reversal from the extended RSI of 69.25 is the near-term risk.
- GOOGL: becomes Enter if the MACD histogram clears 0.35, a move of about 0.21 from here.
- CNQ.TO: becomes Enter if the MACD histogram turns positive and clears 0.35, a swing of about 0.46.
- AEM.TO: becomes Enter if the MACD histogram clears 0.35, a swing of about 3.45 from -3.099.
- ENB.TO: the Sell read firms up if RSI clears above 70 or the MACD histogram turns negative; a close back above 70.90 eases it toward Hold or Enter.
- TD.TO: becomes Enter if the MACD histogram clears 0.35, a swing of about 0.70.
- ACN: adds a second pass if price closes back above the 199.49 trend line, 2.2 percent from here.
- AVGO: adds a second pass if price closes back above the 366.81 trend line, 1.2 percent from here.
- GE: the Sell read firms up if RSI clears above 70 or the MACD histogram turns negative; a close back above 323.79 eases it toward Hold.
- CCL: adds a second pass if price closes back above the 26.79 trend line, 4.6 percent from here.
- PG: exits the Sell read if price closes back above the 147.32 trend line, 0.9 percent from here.
- NKE: exits the Sell read only on a close back above the 48.66 trend line, 30.2 percent from here — a long way.
- O: exits the Sell read on a close back above 60.77; RSI at 19.10 is deeply oversold, so a near-term bounce is possible without the trend condition changing.
8Method
Every reading above comes from the FST Classic setup on the 1-day candle: RSI(14), the 200 day EMA, and the MACD histogram against a 0.35 neutral band, each weighted a third. Two of three conditions passing calls a Buy or a Sell; one of three is read as a Hold. No news, filings or analyst estimates were researched for this Brief, so nothing here reflects a catalyst, and fair values were not computed. Prices are read from shared daily candles, about 15 minutes delayed.
12Disclaimer
Not financial advice. This Brief is a mechanical reading of RSI, the 200 day moving average and the MACD histogram on the daily candle. It is not a recommendation to buy or sell any security, carries no research into news, earnings or valuation, and should not be the sole basis for a decision. Past readings do not predict future returns.