Three stocks and exchange-traded funds are approaching or testing technical breakout levels that could signal further upside, according to market analyst Ali Charts. In an analysis published on October 26, 2026, the analyst highlighted HubSpot (HUBS), the State Street SPDR S&P Software & Services ETF (XSW) and Signet Jewelers (SIG), identifying potential price targets based on their chart patterns.
The analysis points to possible gains ranging from approximately 30% to 50% if the relevant breakouts hold and prices move toward the projected targets. However, the three setups are at different stages of confirmation, with HubSpot and XSW already reported above their respective channel boundaries while Signet Jewelers still needs a monthly close to confirm its move.
Technical breakout patterns can help traders identify potential changes in market direction, but they do not guarantee that a rally will follow. Price levels, closing prices and the broader market environment will remain important in assessing whether these setups develop as anticipated.
HubSpot and XSW Lead the Breakout Watchlist
HubSpot is the first stock highlighted in the analysis. According to Ali Charts, HUBS appears to have broken above a descending or defined price channel on its three-day chart, closing above the upper boundary near $262. Based on the pattern, the analyst identified a potential target around $360, representing an upside move of approximately 33% from the cited reference level.
The path toward that target may not be direct. The analysis identifies $310 as a possible resistance area where the stock could encounter selling pressure before reaching the higher target. Traders watching HUBS may therefore focus on whether the stock can remain above its former channel boundary and build momentum toward $310.
The second setup involves XSW, the State Street SPDR S&P Software & Services ETF, which tracks companies in the software and services segment. Ali Charts said the ETF had moved above the upper boundary of a weekly channel that had been developing since July 2024.
The analyst identified $206 as the key level to monitor on a weekly closing basis. If XSW sustains weekly closes above that threshold, the first potential target is $240, followed by a longer-term pattern target near $280. The latter would represent an increase of roughly 30% from the price reference used in the analysis.
The weekly timeframe makes confirmation especially relevant for XSW. A brief move above resistance may not be enough to establish a durable breakout, while repeated weekly closes above $206 would provide stronger evidence that the ETF is holding its move beyond the channel.
Signet Jewelers Needs a Monthly Breakout Confirmation
Signet Jewelers is the third company on the watchlist, but its setup remains conditional. Ali Charts said SIG was approaching a monthly close above the upper boundary of its price channel near $112. Unlike the other two assets, the stock had not yet confirmed the breakout described in the analysis.
If Signet finishes the month above $112, the analyst sees $150 as the next potential target. The chart pattern also points toward $180, which the analysis describes as approximately 50% above the relevant current-price reference.
The monthly closing requirement means traders may need to wait for confirmation rather than treating an intramonth move above $112 as a completed breakout. Failure to hold that level could weaken the technical setup and delay the projected move.
Across all three assets, the central question is whether prices can sustain their moves above established channel boundaries. HUBS has a projected target of $360, XSW has potential milestones at $240 and $280, and SIG needs a monthly close above $112 before its $150 and $180 targets become more relevant.
These figures are technical projections from Ali Charts, not guaranteed outcomes or independent forecasts of future performance. Investors should consider volatility, company fundamentals, valuation and wider market conditions alongside chart patterns before making trading decisions.
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