• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Stock How to Find Compelling Charts in Every Sector
Stock

How to Find Compelling Charts in Every Sector

by July 10, 2025
by July 10, 2025 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Over a number of years working for a large money manager with a rich history of stock picking, I became more and more enamored with the benefits of scanning for constructive price charts regardless of the broad market conditions.  Earlier in my career, as I was first learning technical analysis, I devoured work by stock picking guru Mike Webster and other William O’Neil disciples who advocated for finding strong charts in any market environment.

Given that background, I was super excited this week to apply a true stock picker’s mindset, with the goal of identifying one compelling chart in each of ten S&P 500 sectors.  From Communication Services to Utilities, there are plenty of interesting technical setups and nuances to discuss.  And if you’re wondering why there are only ten charts instead of 11, that’s because I skipped Real Estate.  It’s a smaller sector, which I tend to think of more in terms of sector rotation than specific security selection.

Let’s kick things off with a top-performing chart in Communication Services that is showing all the signs of accumulation.

DoorDash Inc. (DASH)

While the mega cap Magnificent 7 stocks like Meta Platforms (META) and Alphabet Inc (GOOGL) tend to grab all the headlines, I’m more intrigued by other names in this sector demonstrating positive technical characteristics.  DoorDash has been making higher highs and higher lows, and remains above three upward-sloping moving averages.

The price is above the 21-day exponential moving average, which is above the 50-day simple moving average, which is above the 200-day simple moving average.  Combined with strong but not excessive momentum, along with improving relative strength, and we have a chart that continues to feature bullish signs in July 2025.

Booking Holdings Inc. (BKNG)

If it seems as if DoorDash is a little too overextended, Booking Holdings is a bit earlier on in its breakout journey.  Here we can see a clear resistance level around $5300, with a breakout and subsequent retest confirming a new uptrend phase.

When a chart like this shows a clear and consistent resistance level, the initial breakout can be quite tempting on the long side.  The subsequent pullback to that same breakout point, followed by new support at the breakout point, serves to validate the breakout and confirm the bullish reading.

With charts like BKNG, I like to use the 21-day exponential moving average as an initial warning sign.  As long as the price remains above this short-term trend mechanism, then the uptrend is still intact.  If and when the price violates this moving average, that’s when I like to review the chart to determine whether the stock still deserves a place in my portfolio.

Boston Scientific Corp. (BSX)

Our final example, Boston Scientific, is one that I would argue still has a bit to prove.  We can observe a clear resistance level around $107.50, which was initially set in February and then retested in May and June.  

This is exactly where I would leverage the Alert Workbench on StockCharts to let me know when the price has finally broken above this crucial resistance level.  I love to save potential breakout candidates to a new ChartList, and then set alerts for if and when the price finally breaks above the entry point.  That way, you’re able to identify an opportunity and develop a simple trading plan up front, and then let StockCharts do the “heavy lifting” and keep a close watch on the price action in the days and weeks to come!

To see the other seven charts in all their glory, head over to the StockCharts TV YouTube channel!

RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

marketmisbehavior.com

https://www.youtube.com/c/MarketMisbehavior

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.  The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

You Might Also Like
  • Scanning Made Easy: A Beginner’s Guide to Custom Scans
  • Small-Caps Get on Board!
  • These Breadth Charts PROVE How Strong This Bull Market Is
  • Sector Spotlight: Three Takeaways from Seasonal Sector Rotation
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

You may also like

Daily Briefing Notes for the Market

May 8, 2023

DP Trading Room: Not Too Late for Natural Gas

February 27, 2023

Rules-Based Money Management – Part 3: Relative Strength and Other...

May 2, 2024

EB Weekly Market Report – Monday, November 20, 2023

November 20, 2023

An All-Around Rally: Navigating Stocks, US Dollar, Gold, and Bitcoin...

November 22, 2024

September: Exit Light, Enter Night

September 8, 2024

Only 3 Of The 7 Mag Stocks Are Worth Owning...

October 20, 2024

BSX Stock Slump? Discover This Winning Option Strategy

April 2, 2025

1960s Analogue Sees Inversion in 2023

December 8, 2023

S&P 500 Earnings for 2025 Q1 — Still Overvalued

July 1, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025
    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,631 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,919 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,607 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,577 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,451 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters...

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Bitcoin Halving Could Bring Massive Upside!

    April 17, 2024

    Secure Your Retirement Happiness: Check Your...

    April 16, 2025

    $SPY FLAGS NEW “GO” TREND IN...

    May 13, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here