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CHSCP forms Pocket Pivot on July 16

CHS Inc - 8% Cumulative Redeemable Preferred Stock (CHSCP) — SwingTradeBot Technical Analysis Report · Jul 16, 2026, 19:57 ET
On Thursday, July 16th, CHSCP moved up 0.04% while volume surged to 2.3× the usual levels. The unusually high volume suggests institutional participation in today's move. The session formed a Pocket Pivot, often signaling a possible continuation. Key support levels exist at 26.58, 26.48 & 26.39, with resistance at 26.76, 26.85 & 26.95. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of CHSCP: D

There’s more where that came from. See all of today’s signals for CHSCP here.

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