This convenience store chain is in a long-term upward trend with no signs of slowing, charts show
Frank Cappelleri breaks down the charts on this convenience store stock ahead of 2026.
TL;DR
- Casey's General Stores (CASY) stock is up roughly 44% year to date and has reached a new all-time high.
- The stock has been in a long-term uptrend for decades and has consistently outperformed the consumer staples sector.
- CASY is currently forming an inverse head and shoulders pattern, a bullish technical formation.
- A break above the 570-75 zone could lead to a measured-move upside target of 647.
- A stop-loss near 530 is suggested, aligning with the right shoulder of the pattern.