Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

1-Month Relative Strength: 35.72%

Nearest Resistance: $77.50

Nearest Support: $72.50

That brings us over to Whirlpool ( WHR), a stock whose fate just happens to be intertwined with that of Sears. Around 20% of Whirlpool's sales come from Sears' stores, so it's no big surprise that WHR dropped like a rock when Sears posted news about store closings -- or that it rallied back with the firm following its turnaround announcement.

Like Sears, Whirlpool is consolidating just under resistance right now, in this case at the $77.50 level. The trading implications are effectively the same in both stocks right now; traders should consider a push above $77.50 resistance a buy signal.

Whirlpool, another of the top S&P 500 gainers of the year so far, was one of 19 S&P 500 Laggards That Could Be Leaders in 2012.

If you liked this article you might like

These Are the Top 50 Jobs in the U.S. Right Now

Cramer: Dominoes Are in Play Today

Toys 'R' Us Bankruptcy Filing a Reminder That Amazon Is Crushing Everyone

Kohl's to Accept Amazon Returns in 82 Stores and Yet Stock Does Nothing

Wall Street Overlooks Trump's North Korea Threats to Hit New Records