Brown Technical Insights

Brown Technical Insights

Stock Trends

Medium bases

Scott Brown, CMT's avatar
Scott Brown, CMT
Dec 18, 2025
∙ Paid

Good morning,

Next week is our annual Base Finder report, where I bring you all the big bases in the land of large-cap stocks.

With the Base Finder, we’re looking for large bases, often more than a year of steady accumulation, and ideally more.

But as I’m combing through all the charts, there were plenty of medium bases that are worth pointing out. Ahead of next week’s report, we’ll look at some of the best medium-sized bases out there.

We’ll also review:

  • Stocks that have more downside risk

  • Hot List updates

  • Three stocks to watch in the energy sector

  • Tesla

  • and more!


Medium bases

ACGL: Arch Capital Group

There are A LOT of bases in the insurance sector, both big and small. This one on Arch Capital Group conservatively measures to $105.

CBRE: CBRE Group

CBRE Group has some nice base-on-base action and is pushing up against a 3-month downtrend line. A horizontal breakout above $167 targets $186.

MAR: Marriott

Marriott hasn’t looked back since breaking out in November. The stock is now making all-time highs and was strongly positive in yesterday’s tech-led selloff.

MCD: McDonald’s

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