Acuity Eyes An All-Time High

Acuity Eyes An All-Time High

Good evening. Welcome to Trends with No Friends.

FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW

Stocks closed September on a high note. Every major index inched higher.

Real estate rallied +0.86%. Energy and health care gained approx. +0.70%. Basic materials broke down -0.56%.

New 52-Week Highs led New Lows — 107 vs. 8.

THE BEST OF THE BEST

Acuity Brands ($AYI) is the Best of the Best. The industrial technology company carried +2.00% ahead of its Q4 earnings report.

$AYI closed at its highest price since August 2016.

Here’s the daily chart.

And monster monthly chart.

$AYI has 1,147 followers on Stocktwits.

THE WORST OF THE WORST

Stellantis ($STLA) is the Worst of the Worst. The auto conglomerate cratered -12.52% after it lowered its FY2024 guidance.

Here’s the daily chart.

And weak weekly chart.

$STLA has 9,616 followers on Stocktwits.

52 WEEK HIGHS

See the full sheet here.

GET IN TOUCH

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Author Disclosure: The author of this newsletter holds positions in GLD & AS. 📋





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