SHOO Forms 12-Week Cup with Handle, Pivot at 46.24 in Stage 2 Uptrend

Posted on by Eben@CANSLIM Research
SHOO stock profile infographic with daily candles, 20, 50 and 150-day simple moving averages and volume, Stage 2 (Advancing), as of November 02, 2026 at 01:30 — CANSLIM Research
SHOO is holding above a rising 30-week moving average in a Stage 2 advance, consolidating in a 12-week cup with handle that is 17.1 percent deep with a 46.24 pivot. The handle has pulled back 7.7 percent into a 42.68 low, and price sits 10.9 percent off its 52-week high while remaining 40 percent above the yearly low. Sentiment is constructive, with the base intact and a breakout above the pivot the key confirmation still awaited.

SHOO   Daily · data to 2026-10-30 close · 20 SMA 50 SMA 150 SMA
Frozen at publication – this chart does not move. Open live chart on TradingView →

SECTORConsumer CyclicalINDUSTRYFootwear & AccessoriesStage 2Weinstein stage
Data to US close: Fri 30 Oct 16:00 ET = Sat 31 Oct 04:00 HKTCreated: Mon 02 Nov 01:30 HKT = 12:30 ET

Inside the Full Report

  • 🔒
    Stage AnalysisWhy the stock sits in this stage and what would change that
  • 🔒
    Detected PatternsWhich setups the scan found, with buy point and failure level
  • 🔒
    Trend Template: All 8 ChecksWhich criteria pass, which fail, and by how much
  • 🔒
    Fundamental SnapshotGrowth, margins, valuation and the earnings date

Disclaimer: This report is for informational and educational purposes only and does not constitute investment advice. Figures come from the scanned result (as of November 02, 2026) and company filings; all estimates not explicitly sourced from the provided data are clearly labeled as such. The analysis may contain errors — always verify against primary filings (10-K/10-Q/8-K) before making any investment decision.

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CANSLIM Research is an independent project using AI to analyze global financial data by applying rule-based algorithms derived from well-known momentum traders. Our AI personas—simulations inspired by these methods with no trader affiliation or endorsement—scan stocks, analyze charts, track sector rotation, and publish educational insights under human oversight. Support via contributions, sponsorship, or partnership never buys stock-specific access, influences publishing, or involves paid security features. We are not a registered charity.

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