Overall Sector and Industry Analysis (EST window analyzed: 2025-10-21 10:00–12:00)
Note: The data provided covers a two-hour intraday window today. I don’t have the last 30 days (or recent 10 days) of daily candles/volume, so conclusions below emphasize very short-term momentum from the 30-minute chart. Validate levels against your daily chart before trading.
- Breadth and tone: 8 of 10 names traded above their 10:00 opens by noon, signaling a risk-on lean.
- Industrials and related distributors led: ROK, FDX, WSO all held morning gains after an opening drive, with ROK strongest (clean flag near HOD). This points to steady demand in Industrial Automation/Distribution and Transport.
- Housing/home improvement constructive: IBP showed a persistent trend day up; LOW held most of its morning push. Housing-adjacent strength aligns with cyclical appetite.
- Energy (royalty) bid: TPL stair-stepped higher despite thin tape; buyers showed willingness to take it through local intraday highs.
- Healthcare mixed: MTD trended higher with shallow pullbacks (institutional-style accumulation footprint), while micro-cap MRM faded—liquidity risk persists there.
- Tech mixed: MDB’s strong open gave way to a controlled pullback toward 330; VICR stayed heavy below the open with failed pops—semis/power components lagged.
Notable intraday patterns:
– Opening drive, then bull flags holding higher lows in Industrials/Construction (ROK, IBP).
– Thin, controlled grind higher in TPL (low supply, small prints pushing price).
– MDB printed an early momentum burst then rotated to a VWAP-like drift—needs a reclaim for continuation.
– VICR exhibited a down-open, weak bounce pattern—avoid long bias until it reclaims supply pockets.
Ticker Performance Prediction (next 2–3 sessions)
Likely upside continuation:
– IBP, ROK, TPL, MTD
Secondary watch for continuation on strength reclaim:
– LOW, MDB
Strongest bullish signals today:
– IBP (clean trend higher with higher highs/higher lows; buyers defended each pullback)
– ROK (tight flag under HOD; minimal giveback)
– TPL (steady bid through intraday highs; thin but persistent)
– MTD (orderly uptrend, shallow dips bought)
Individual Stock Analysis (short-term swing framework from 30-min chart)
Approach to targets: Because I don’t have daily ATR, I use an ATR proxy = today’s intraday range so far. T1 ≈ breakout + 0.5x range, T2 ≈ breakout + 1.0x range. Confirm with your daily ATR.
IBP (Installed Building Products)
– Key supports: 268.24; 266.36; 263.03
– Key resistances: 270.42 (HOD); 272.00; 275.00
– Intraday range proxy: 270.42 – 257.60 = 12.82
– Price action outlook (2–3 days):
– Base above 268–269, break 270.42 sets 272.5–274 first push, then 276.8–277.5 if momentum persists.
– Lose 266.3 and you likely rotate 263–264 to rebuild.
– Swing targets:
– T1: 270.42 + 0.512.82 ≈ 276.8
– T2: 270.42 + 1.012.82 ≈ 283.2
– Entries:
– Pullback buy 268.6–269.0
– Add/alternative: Breakout >270.6 on expanding volume
– Stops:
– Tight: below 266.3
– Wider swing: below 263.0
ROK (Rockwell Automation)
– Key supports: 357.34; 354.28; 350.34
– Key resistances: 358.80 (HOD); 360.00; 363.00
– Intraday range proxy: 358.80 – 350.34 = 8.46
– Price action outlook (2–3 days):
– Flag holds above 357–358; break of 358.8 opens 360.5 then 363.
– Failure back through 357 targets 354–355 for a higher low attempt.
– Swing targets:
– T1: 358.8 + 0.58.46 ≈ 363.0
– T2: 358.8 + 1.08.46 ≈ 367.3
– Entries:
– Pullback buy 357.6–357.9
– Breakout add >359.0 with volume
– Stops:
– Tight: below 357.3
– Wider: below 354.2
TPL (Texas Pacific Land)
– Liquidity note: thin tape; expect wider spreads and slippage.
– Key supports: 946.00; 944.40; 938.09
– Key resistances: 947.01; 948.65 (HOD); 950.00
– Intraday range proxy: 948.65 – 938.09 = 10.56
– Price action outlook (2–3 days):
– Hold 946–947 base; push through 948.65 sets 950, then mid-950s on squeeze-y prints.
– Lose 944.4 and you likely revisit 940–941.
– Swing targets:
– T1: 948.65 + 0.510.56 ≈ 953.9
– T2: 948.65 + 1.010.56 ≈ 959.2
– Entries:
– Pullback buy 946.5–947.0
– Breakout add >949.0 if tape remains orderly
– Stops:
– Tight: below 944.2
– Wider: below 941.5
MTD (Mettler-Toledo)
– Key supports: 1382.21; 1379.04; 1369.06
– Key resistances: 1388.88 (HOD); 1395.00; 1400.00
– Intraday range proxy: 1388.88 – 1369.06 ≈ 19.82
– Price action outlook (2–3 days):
– As long as 1382–1383 holds, expect a retest of 1389; break there can extend into high-1390s and potentially 1400–1409 on momentum continuation.
– A break below 1379 likely rotates 1371–1373 before buyers step back in.
– Swing targets:
– T1: 1388.9 + 0.519.82 ≈ 1398.8
– T2: 1388.9 + 1.019.82 ≈ 1408.7
– Entries:
– Pullback buy 1382.5–1383.5
– Breakout add >1390 on expanding volume
– Stops:
– Tight: below 1379.0
– Wider: below 1373.0
Secondary watch (not full plans, but constructive if strength persists)
– LOW: Supports 245.65/244.22/242.91; watch for reclaim of 246.31–247.00 to target 247.8–249.5 across 1–2 days if Industrials/DIY complex stays firm.
– MDB: Needs a reclaim >334–335 to reassert momentum; support 330–330.5. A clean hold above 335 sets 337–340 quickly; otherwise likely range 330–334.
Risk management notes
– Many setups hinge on holding higher-low bases formed late morning; failed retests negate momentum quickly.
– For thin names (TPL), reduce size and widen stops; prioritize limit orders.
– Re-verify these intraday-derived levels against your daily chart/ATR before execution given the limited lookback in the provided data.