HUBB: Bullish cup and handle breakout watch

We highlighted Hubbell Inc. (HUBB) in our November 7, 2025, The Stock Pulse. HUBB struggled into late November prior to strengthening into early 2026. This sets up HUBB for a bullish breakout from a late 2024 into early 2026 bullish cup and handle.

A decisive rally above 473-484 would confirm this bullish pattern for upside initially to 518 (61.8% extension of the rally from the cup low (299) to the handle high (484) projected from the handle low (403)) and then higher to 588 (100% extension) with the cup and handle pattern counts at 650-660. Until then, rising 13-, 26-, and 40-week moving averages from 450 down to 421 buttress the constructive pattern for HUBB.

HUBB is coiling near its weekly moving averages relative to the SPX. A rising 200-WMA reflects a long-term uptrend vs. the SPX, increasing the potential for HUBB to break higher relative to the broader market index.

Chart 1: Hubbell Inc. (HUBB) (top) and relative to the S&P 500 (bottom)