S Holding Above Rising 30-Week MA in Stage 2 Advance, Near Highs

Posted on by Eben@CANSLIM Research
S daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

S is in a confirmed Stage 2 uptrend, with price holding above a rising 30-week moving average and 7 of 8 trend-template checks passing. The stock is 70% above its 52-week low and within 15% of its high, though it has pulled back 14.8% over the past two weeks into a shallow, short base. Market focus is on the lack of a proper base or VCP, but the overall sentiment remains bullish with an offensive setup in place.

Technical Analysis

As of 2026-08-25 · Close $20.31

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 7.32%)

Detected Patterns — What the Market Is Watching

  • No actionable pattern detected at this time.

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