The Stock Pulse - Nov. 14, 2025

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The Stock Pulse - 14 Nov 2025 - Three bulls ASND, AIZ, and BKR. One bear GFS.pdf Download PDF • 2.07MB

Three bulls: ASND, AIZ, and BKR. One bear: GFS

ASND, AIZ, and BKR have bullish setups as GFS remains vulnerable

Ascendis Pharma (ASND) has confirmed a major 2020–2025 base breakout and stays constructive above 187–180, with upside targets at 255 and 295. Assurant (AIZ) is breaking out from a late 2024–2025 consolidation pattern, which remains firmly in place above 222–220 and favors upside potential to 268–275. Baker Hughes (BKR) has major upside breakouts that project further gains to 55, 59, and 66 as long as it holds 46.70–43.90. In contrast, GlobalFoundries (GFS) faces downside risk, and a break below 31.50 would confirm a bearish continuation pattern that targets 21, while only a sustained rally above 37.20–38.24 would challenge its negative bias.

Ascendis Pharma (ASND): 2020-2025 big base targets 255 and 295

ASND is a biotech stock that recently broke out to the upside to confirm a 2020-2025 big base pattern. This bullish breakout remains intact above 187-180, which is key support, and favors further upside to pattern counts at 255 and 295. Rising 26- and 40-week moving averages (WMAs) near 188 and 176, respectively, reinforce the 187-180 breakout and retest zone as support.

Assurant (AIZ): Bullish pattern breakouts favor upside to 268-275

AIZ, an insurance stock, is breaking out from a late 2024-late 2025 bullish consolidation pattern. Sustaining the push above the 222-220 area would keep the immediate pattern bullish with upside potential to 268 (bullish consolidation pattern count) and 275 (the upside count for the early 2022-mid 2024 bullish cup and handle pattern). Rising 13-, 26-, and 40-week moving averages (WMAs) from 215 down to 206-203 underpin the bullish setup for AIZ and reinforce chart support near 205.

Baker Hughes (BKR): Bullish pattern breakouts favor upside to 55, 59, and 66

BKR is an energy equipment and services stock with a breakout and deep retest of the breakout from a mid 2017-late 2024 big base that projects upside to 55 and 66. This stock also has a breakout and retest from a February-September bullish consolidation that projects to 59. Holding the 46.70 to 43.90 range keeps the immediate pattern bullish. Rising 13-, 26-, and 40-week moving averages (WMAs) from 47.02 down to 43.64-42.61 buttress this stock’s overall bullish setup.

GlobalFoundries (GFS): A breakdown below 31.50 would confirm risk to 21

GFS, a semiconductor stock, remains within a long-term downtrend and is at risk for continued downside. A decisive break below 31.50 would complete a bearish continuation pattern dating back to April and suggest risk below the April low at 29.77 toward the pattern count at 21.00. Until then, declining 13-, 26-, and 40-week moving (WMAs) from 34.02 to 36.25 provide an overhang. In addition, it would take a sustained rally above 37.20-38.24 to call the developing bearish continuation pattern into question.

Monitor our “Straight from the Chart” blog for more stock and ETF charts

What is The Stock Pulse?

The Stock Pulse provides bullish and bearish stock and ETF ideas

The Stock Pulse highlights bullish and bearish technical setups across common stocks, ADRs, and ETFs. The report emphasizes weekly charts to reduce short-term noise and targets a three-to-six-month investment horizon. We analyze price action and trends from both an absolute and relative perspective. Our relative benchmark is typically the S&P 500. We focus on the technicals, we but encourage investors to evaluate the fundamentals before acting on the ideas presented in The Stock Pulse.

We can categorize these charts as follows:

·         Bullish leadership: Bullish absolute and bullish relative trends. This technical setup represents a confirmed bullish trend. It also can indicate a bullish momentum stock.

o    Actions to consider: Buy dips, hold longs, and avoid shorts. 

·         Bearish laggard: Bearish absolute and bearish relative trends. This technical setup represents a confirmed bearish trend. It also can indicate a bearish momentum stock.

o    Actions to consider: Sell rallies, hold shorts, and avoid longs.

·         Bullish weakening: A bullish absolute trend and a deteriorating to bearish relative trend. The stock has rallied but lags its benchmark. This lack of bullish relative confirmation provides a negative divergence, which is a potential bearish leading indicator for the absolute price chart.

o    Actions to consider: Protect or reduce absolute longs, consider relative shorts, and if aggressive, initialize an absolute short.

·         Bearish strengthening: A bearish absolute trend and an improving to bullish relative trend. The stock has declined, but it has dropped less than its benchmark. This lack of bearish relative confirmation provides a positive divergence, which is a potential bullish leading indicator for the absolute price chart.

o    Actions to consider: Protect or reduce absolute shorts, consider relative longs, and if aggressive, initialize an absolute long.

Key indicators

We rely weekly charts – both absolute and relative – with simple weekly moving averages (WMA) and Trend Scores to assess the technical condition of the stocks, ADRs, and ETFS highlighted in this note. In addition, we may also highlight other important indicators and well as provide technical screens.

Weekly moving averages show multiple timeframes on one chart

·         The slope of the moving average is more important than whether the price is above or below it

·         13-WMA: Quarterly and tactical trend

·         26-WMA: Half-year and intermediate trend

·         40-WMA: Longer-term trend and similar to the 200-day moving average

·         200-WMA: Long-term or macro trend

Trend Scores

·         Trend Score: Ranges from -10 to +10 and incorporates the 13-, 26-, and 40-WMAs. Higher scores indicate stronger trends with prices above rising WMAs. Lower scores indicate weaker trends with price below declining WMAs. Longer WMAs are more heavily weighted.

·         Long-term Trend Score: Ranges from -20 to +20 and includes the 13-, 26-, 40-, and 200-WMAs. Higher scores reflect stronger long-term uptrends, while lower scores indicate long-term downtrends. Longer WMAs carry more weight.

Three bullish stock charts: ASND, AIZ, and BKR

Ascendis Pharma (ASND): 2020-2025 big base targets 255 and 295

ASND is a biotech stock that recently broke out to the upside to confirm a 2020-2025 big base pattern. This bullish breakout remains intact above 187-180, which is key support, and favors further upside to pattern counts at 255 and 295. Rising 26- and 40-week moving averages (WMAs) near 188 and 176, respectively, reinforce the 187-180 breakout and retest zone as support.

Chart notes:

·         Maximum positive absolute and relative Trend Scores and Long-term Trend Scores support the bullish setup and big base breakout for ASND.

·         ASND is a 2025 leadership stock that has the potential to break higher from a late 2021 into late 2025 big base vs. the S&P 500 (SPX). This would continue the stock’s leadership trend from early 2023.

Chart 1: Ascendis Pharma A/S (ASND) (top) and relative to the S&P 500 (bottom)

Source: Optuma, Suttmeier Technical Strategies

Assurant (AIZ): Bullish pattern breakouts favor upside to 268-275

AIZ, an insurance stock, is breaking out from a late 2024-late 2025 bullish consolidation pattern. Sustaining the push above the 222-220 area would keep the immediate pattern bullish with upside potential to 268 (bullish consolidation pattern count) and 275 (the upside count for the early 2022-mid 2024 bullish cup and handle pattern). Rising 13-, 26-, and 40-week moving averages (WMAs) from 215 down to 206-203 underpin the bullish setup for AIZ and reinforce chart support near 205.

Chart notes:

·         Maximum positive absolute trend scores support the bullish absolute price pattern highlighted above.

·         AIZ has up ticked from maximum bearish trend scores relative to the SPX. We view this as constructive but would like to a shift to positive to confirm bullish rotation for this stock.

Chart 2: Assurant Inc. (AIZ) (top) and relative to the S&P 500 (bottom)

Source: Optuma, Suttmeier Technical Strategies

Baker Hughes (BKR): Bullish pattern breakouts favor upside to 55, 59, and 66

BKR is an energy equipment and services stock with a breakout and deep retest of the breakout from a mid 2017-late 2024 big base that projects upside to 55 and 66. This stock also has a breakout and retest from a February-September bullish consolidation that projects to 59. Holding the 46.70 to 43.90 range keeps the immediate pattern bullish. Rising 13-, 26-, and 40-week moving averages (WMAs) from 47.02 down to 43.64-42.61 buttress this stock’s overall bullish setup.

Chart notes:

·         Maximum positive absolute trend scores and positive relative trend scores support the bullish case for BKR.

·         BKR is forming a potential triangle basing pattern relative to the SPX. A breakout from this pattern would confirm a solid leadership trend for this energy stock.

Chart 3: Baker Hughes Co. (BKR) (top) and relative to the S&P 500 (bottom)

Source: Optuma, Suttmeier Technical Strategies

One bearish stock chart: GFS

GlobalFoundries (GFS): A breakdown below 31.50 would confirm risk to 21

GFS, a semiconductor stock, remains within a long-term downtrend and is at risk for continued downside. A decisive break below 31.50 would complete a bearish continuation pattern dating back to April and suggest risk below the April low at 29.77 toward the pattern count at 21.00. Until then, declining 13-, 26-, and 40-week moving (WMAs) from 34.02 to 36.25 provide an overhang. In addition, it would take a sustained rally above 37.20-38.24 to call the developing bearish continuation pattern into question.

Chart notes:

·         Negative absolute and relative trend scores and long-term trend scores confirm downside risk for GFS.

·         GFS is at risk for continued lower lows within a lagging trend vs. the SPX from early 2023.

Chart 4: GlobalFoundries Inc. (GFS) and relative to the S&P 500 (bottom)

Source: Optuma, Suttmeier Technical Strategies

Suttmeier Technical Strategies, LLC (STS) provides financial commentary and market analysis for educational and informational purposes only. We are not registered investment advisors, and nothing published by STS should be considered personalized investment advice, a recommendation to buy or sell any security, or a solicitation to engage in investment activity. All content is impersonal and does not consider your individual financial circumstances. Past performance is not indicative of future results. Investing involves risk, and you should consult with a licensed financial advisor before making any investment decisions. STS or its representatives may hold positions in securities mentioned in our publications. Such holdings are subject to change without notice and do not constitute investment advice.