As of 04/25/2024   Indus: 38,086 -375.12 -1.0%     Trans: 15,297 +219.09 +1.5%     Utils: 895 +1.83 +0.2%     Nasdaq: 15,612 -100.99 -0.6%     S&P 500: 5,048 -23.21 -0.5%	YTD  +1.1%   -3.8%    +1.5%    +4.0%    +5.8%	Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/23/24

As of 04/25/2024   Indus: 38,086 -375.12 -1.0%     Trans: 15,297 +219.09 +1.5%     Utils: 895 +1.83 +0.2%     Nasdaq: 15,612 -100.99 -0.6%     S&P 500: 5,048 -23.21 -0.5%	YTD  +1.1%   -3.8%    +1.5%    +4.0%    +5.8%
Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/23/24

Patterns for the Weekend Details

Copyright © 2020 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

Weekly screen for chart patterns ending between 12/03/2020 and 12/10/2020. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Industry: Electric Utility (East)

Industry RS rank: 54 out of 59

Stock RS rank: 45 out of 577

12/10/20 close: $20.85

1 Month avg volatility: $0.52. Volatility stop (for upward breakout): $19.60 or 6.0% below the close.

Change YTD: 4.77%

Volume: 4,743,000 shares. 3 month avg: 5,494,342 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

 

Chart pattern: Rectangle top continuation pattern from 11/10/2020 to 12/10/2020

Breakout is upward 68% of the time.

Average rise: 39%.

Break-even failure rate: 9%.

Throwbacks occur 64% of the time.

Price hits measure rule target 80% of the time.

Industry: Internet

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 31 out of 59

Stock RS rank: 298 out of 577

12/10/20 close: $3,101.49

1 Month avg volatility: $62.26. Volatility stop (for upward breakout): $2,951.49 or 4.8% below the close.

Change YTD: 67.84%

Volume: 3,007,400 shares. 3 month avg: 3,583,803 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 09/21/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Shoe

Industry RS rank: 4 out of 59

Stock RS rank: 38 out of 577

12/10/20 close: $41.45

1 Month avg volatility: $2.07. Volatility stop (for upward breakout): $36.11 or 12.9% below the close.

Change YTD: -6.92%

Volume: 712,100 shares. 3 month avg: 434,749 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

 

Chart pattern: Channel from 11/09/2020 to 12/10/2020

Industry: Metals and Mining (Div.)

Industry RS rank: 28 out of 59

Stock RS rank: 49 out of 577

12/10/20 close: $12.00

1 Month avg volatility: $0.63. Volatility stop (for upward breakout): $9.92 or 17.3% below the close.

Change YTD: 59.68%

Volume: 752,300 shares. 3 month avg: 2,285,742 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Flag, high and tight continuation pattern from 11/02/2020 to 12/10/2020

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Retail (Special Lines)

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 14 out of 59

Stock RS rank: 176 out of 577

12/10/20 close: $11.45

1 Month avg volatility: $0.82. Volatility stop (for downward breakout): $13.88 or 21.3% above the close.

Change YTD: -7.59%

Volume: 458,900 shares. 3 month avg: 567,568 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Dead-cat bounce continuation pattern from 12/08/2020 to 12/08/2020

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Shoe

Industry RS rank: 4 out of 59

Stock RS rank: 18 out of 577

12/10/20 close: $62.96

1 Month avg volatility: $2.30. Volatility stop (for upward breakout): $57.18 or 9.2% below the close.

Change YTD: 50.30%

Volume: 1,026,500 shares. 3 month avg: 1,230,068 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Channel from 09/04/2020 to 12/10/2020

Industry: Packaging and Container

Industry RS rank: 17 out of 59

Stock RS rank: 76 out of 577

12/10/20 close: $97.34

1 Month avg volatility: $2.04. Volatility stop (for upward breakout): $92.48 or 5.0% below the close.

Change YTD: 34.19%

Volume: 773,600 shares. 3 month avg: 762,669 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 11/09/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: None

Industry RS rank: 27 out of 59

12/10/20 close: $854.06

1 Month avg volatility: $12.76. Volatility stop (for upward breakout): $823.78 or 3.5% below the close.

Change YTD: -2.86%

Volume: 47,718,600 shares. 3 month avg: 50,512,766 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

 

Chart pattern: Falling wedge from 11/19/2020 to 12/08/2020

Breakout is upward 68% of the time.

Average rise: 32%.

Break-even failure rate: 11%.

Throwbacks occur 56% of the time.

Price hits measure rule target 70% of the time.

Industry: Cement and Aggregates

Industry RS rank: 16 out of 59

Stock RS rank: 130 out of 577

12/10/20 close: $97.21

1 Month avg volatility: $2.43. Volatility stop (for upward breakout): $90.46 or 7.0% below the close.

Change YTD: 7.22%

Volume: 274,900 shares. 3 month avg: 553,088 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

 

Chart pattern: Triangle, ascending reversal pattern from 11/09/2020 to 12/10/2020

Breakout is upward 70% of the time.

Average rise: 35%.

Break-even failure rate: 13%.

Throwbacks occur 57% of the time.

Price hits measure rule target 75% of the time.

Industry: Air Transport

Industry RS rank: 1 out of 59

Stock RS rank: 324 out of 577

12/10/20 close: $89.70

1 Month avg volatility: $1.82. Volatility stop (for upward breakout): $85.22 or 5.0% below the close.

Change YTD: 14.97%

Volume: 813,200 shares. 3 month avg: 1,055,643 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 11/03/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Computer Software and Svcs

Industry RS rank: 36 out of 59

Stock RS rank: 442 out of 577

12/10/20 close: $13.69

1 Month avg volatility: $0.44. Volatility stop (for downward breakout): $14.58 or 6.5% above the close.

Change YTD: -17.18%

Volume: 6,412,700 shares. 3 month avg: 3,815,435 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

 

Chart pattern: Head-and-shoulders top reversal pattern from 11/09/2020 to 12/08/2020

Breakout is downward 100% of the time.

Average decline: 22%.

Break-even failure rate: 4%.

Pullbacks occur 50% of the time.

Price hits measure rule target 55% of the time.

Industry: Building Materials

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 33 out of 59

Stock RS rank: 134 out of 577

12/10/20 close: $7.05

1 Month avg volatility: $0.18. Volatility stop (for upward breakout): $6.65 or 5.6% below the close.

Change YTD: 17.11%

Volume: 18,100 shares. 3 month avg: 8,680 shares.

This security may be thinly traded (less than 100k shares)!

Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Pennant continuation pattern from 12/04/2020 to 12/10/2020

Breakout is upward 61% of the time.

Average rise: 25%.

Break-even failure rate: 2%.

Throwbacks occur 47% of the time.

Price hits measure rule target 60% of the time.

Industry: Retail (Special Lines)

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 14 out of 59

Stock RS rank: 3 out of 577

12/10/20 close: $14.12

1 Month avg volatility: $1.25. Volatility stop (for downward breakout): $16.91 or 19.8% above the close.

Change YTD: 132.24%

Volume: 7,378,200 shares. 3 month avg: 3,063,175 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Dead-cat bounce continuation pattern from 12/09/2020 to 12/09/2020

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Apparel

Industry RS rank: 3 out of 59

Stock RS rank: 365 out of 577

12/10/20 close: $14.01

1 Month avg volatility: $0.42. Volatility stop (for upward breakout): $12.93 or 7.7% below the close.

Change YTD: -5.66%

Volume: 6,117,800 shares. 3 month avg: 6,164,918 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Flag continuation pattern from 11/24/2020 to 12/10/2020

WARNING: A dead-cat bounce occurred on 11/05/2020. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 02/04/2021 and a 38% chance by 05/06/2021.

Breakout is upward 54% of the time.

Average rise: 23%.

Break-even failure rate: 4%.

Throwbacks occur 43% of the time.

Price hits measure rule target 64% of the time.

Industry: Insurance (Prop/Casualty)

Industry RS rank: 42 out of 59

Stock RS rank: 422 out of 577

12/10/20 close: $116.36

1 Month avg volatility: $2.44. Volatility stop (for upward breakout): $109.76 or 5.7% below the close.

Change YTD: -14.86%

Volume: 161,500 shares. 3 month avg: 201,215 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 11/24/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Metals and Mining (Div.)

Industry RS rank: 28 out of 59

Stock RS rank: 59 out of 577

12/10/20 close: $5.22

1 Month avg volatility: $0.23. Volatility stop (for upward breakout): $4.64 or 11.1% below the close.

Change YTD: 53.98%

Volume: 5,980,200 shares. 3 month avg: 4,539,271 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 10/30/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Healthcare Information

Industry RS rank: 30 out of 59

Stock RS rank: 470 out of 577

12/10/20 close: $19.70

1 Month avg volatility: $0.69. Volatility stop (for upward breakout): $17.73 or 10.0% below the close.

Change YTD: 4.68%

Volume: 596,900 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.

 

Chart pattern: Double Bottom, Eve and Eve reversal pattern from 11/17/2020 to 12/07/2020

WARNING: A dead-cat bounce occurred on 10/29/2020. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 01/28/2021 and a 38% chance by 04/29/2021.

Breakout is upward 100% of the time.

Average rise: 40%.

Break-even failure rate: 4%.

Throwbacks occur 55% of the time.

Price hits measure rule target 67% of the time.

Industry: Human Resources

Industry RS rank: 9 out of 59

Stock RS rank: 72 out of 577

12/10/20 close: $85.44

1 Month avg volatility: $2.38. Volatility stop (for downward breakout): $91.82 or 7.5% above the close.

Change YTD: -0.70%

Volume: 206,900 shares. 3 month avg: 131,942 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

 

Chart pattern: Triangle, descending reversal pattern from 11/19/2020 to 12/10/2020

Breakout is downward 64% of the time.

Average decline: 16%.

Break-even failure rate: 16%.

Pullbacks occur 54% of the time.

Price hits measure rule target 54% of the time.

Industry: Chemical (Diversified)

Industry RS rank: 19 out of 59

Stock RS rank: 235 out of 577

12/10/20 close: $16.10

1 Month avg volatility: $1.10. Volatility stop (for upward breakout): $13.43 or 16.6% below the close.

Change YTD: -40.59%

Volume: 139,500 shares. 3 month avg: 1,190,495 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Flag, high and tight continuation pattern from 11/05/2020 to 12/10/2020

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Homebuilding

Industry RS rank: 20 out of 59

Stock RS rank: 315 out of 577

12/10/20 close: $72.29

1 Month avg volatility: $2.72. Volatility stop (for upward breakout): $65.79 or 9.0% below the close.

Change YTD: 29.58%

Volume: 2,202,200 shares. 3 month avg: 3,465,638 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 10/30/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Homebuilding

Industry RS rank: 20 out of 59

Stock RS rank: 243 out of 577

12/10/20 close: $44.25

1 Month avg volatility: $1.91. Volatility stop (for upward breakout): $39.23 or 11.4% below the close.

Change YTD: 12.45%

Volume: 174,600 shares. 3 month avg: 256,088 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 10/30/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Petroleum (Integrated)

Industry RS rank: 58 out of 59

Stock RS rank: 458 out of 577

12/10/20 close: $7.30

1 Month avg volatility: $0.35. Volatility stop (for upward breakout): $6.40 or 12.3% below the close.

Change YTD: -46.24%

Volume: 39,851,500 shares. 3 month avg: 12,845,475 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Flag, high and tight continuation pattern from 10/29/2020 to 12/10/2020

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Homebuilding

Industry RS rank: 20 out of 59

Stock RS rank: 118 out of 577

12/10/20 close: $47.92

1 Month avg volatility: $1.80. Volatility stop (for upward breakout): $43.14 or 10.0% below the close.

Change YTD: 25.58%

Volume: 273,400 shares. 3 month avg: 498,709 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Triangle, ascending reversal pattern from 11/05/2020 to 12/10/2020

Breakout is upward 70% of the time.

Average rise: 35%.

Break-even failure rate: 13%.

Throwbacks occur 57% of the time.

Price hits measure rule target 75% of the time.

Industry: Advertising

Industry RS rank: 39 out of 59

Stock RS rank: 79 out of 577

12/10/20 close: $2.32

1 Month avg volatility: $0.11. Volatility stop (for upward breakout): $1.99 or 14.2% below the close.

Change YTD: -16.55%

Volume: 28,500 shares.

This security may be thinly traded (less than 100k shares)!

Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 11/16/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Computer Software and Svcs

Industry RS rank: 36 out of 59

Stock RS rank: 410 out of 577

12/10/20 close: $210.52

1 Month avg volatility: $3.70. Volatility stop (for downward breakout): $220.48 or 4.7% above the close.

Change YTD: 33.49%

Volume: 26,729,400 shares. 3 month avg: 21,460,729 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

 

Chart pattern: Diamond top reversal pattern from 11/25/2020 to 12/04/2020

Breakout is downward 69% of the time.

Average decline: 21%.

Break-even failure rate: 6%.

Pullbacks occur 57% of the time.

Price hits measure rule target 76% of the time.

Industry: Petroleum (Integrated)

Industry RS rank: 58 out of 59

Stock RS rank: 551 out of 577

12/10/20 close: $13.61

1 Month avg volatility: $0.71. Volatility stop (for upward breakout): $10.93 or 19.7% below the close.

Change YTD: -49.22%

Volume: 7,191,000 shares. 3 month avg: 2,218,335 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Flag, high and tight continuation pattern from 11/06/2020 to 12/10/2020

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Oilfield Svcs/Equipment

Industry RS rank: 43 out of 59

Stock RS rank: 488 out of 577

12/10/20 close: $14.66

1 Month avg volatility: $0.65. Volatility stop (for upward breakout): $12.84 or 12.4% below the close.

Change YTD: -41.48%

Volume: 5,855,000 shares. 3 month avg: 3,130,966 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Flag, high and tight continuation pattern from 10/29/2020 to 12/10/2020

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Insurance (Prop/Casualty)

Industry RS rank: 42 out of 59

Stock RS rank: 373 out of 577

12/10/20 close: $19.02

1 Month avg volatility: $0.43. Volatility stop (for upward breakout): $17.62 or 7.4% below the close.

Change YTD: -14.98%

Volume: 1,955,200 shares. 3 month avg: 1,253,378 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Triangle, ascending reversal pattern from 11/10/2020 to 12/10/2020

Breakout is upward 70% of the time.

Average rise: 35%.

Break-even failure rate: 13%.

Throwbacks occur 57% of the time.

Price hits measure rule target 75% of the time.

Industry: Healthcare Information

Industry RS rank: 30 out of 59

Stock RS rank: 408 out of 577

12/10/20 close: $36.95

1 Month avg volatility: $1.00. Volatility stop (for downward breakout): $39.00 or 5.6% above the close.

Change YTD: -2.46%

Volume: 747,400 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

 

Chart pattern: Horn top reversal pattern from 11/23/2020 to 11/30/2020

Breakout is downward 100% of the time.

Average decline: 21%.

Break-even failure rate: 7%.

Pullbacks occur 33% of the time.

Price hits measure rule target 70% of the time.

Industry: Homebuilding

Industry RS rank: 20 out of 59

Stock RS rank: 310 out of 577

12/10/20 close: $42.16

1 Month avg volatility: $1.48. Volatility stop (for upward breakout): $38.56 or 8.6% below the close.

Change YTD: 8.66%

Volume: 2,537,700 shares. 3 month avg: 4,812,565 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 10/28/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Insurance (Life)

Industry RS rank: 21 out of 59

Stock RS rank: 149 out of 577

12/10/20 close: $122.14

1 Month avg volatility: $4.27. Volatility stop (for upward breakout): $110.45 or 9.6% below the close.

Change YTD: -25.10%

Volume: 282,500 shares. 3 month avg: 326,800 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 11/09/2020 to 12/10/2020

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Packaging and Container

Industry RS rank: 17 out of 59

Stock RS rank: 93 out of 577

12/10/20 close: $45.40

1 Month avg volatility: $1.02. Volatility stop (for upward breakout): $43.13 or 5.0% below the close.

Change YTD: 13.98%

Volume: 858,600 shares. 3 month avg: 2,419,223 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

 

Chart pattern: Rectangle top continuation pattern from 11/20/2020 to 12/10/2020

Breakout is upward 68% of the time.

Average rise: 39%.

Break-even failure rate: 9%.

Throwbacks occur 64% of the time.

Price hits measure rule target 80% of the time.

Industry: IT Services

Industry RS rank: 37 out of 59

Stock RS rank: 514 out of 577

12/10/20 close: $56.81

1 Month avg volatility: $1.27. Volatility stop (for downward breakout): $59.49 or 4.7% above the close.

Change YTD: -13.24%

Volume: 633,700 shares. 3 month avg: 522,352 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

 

Chart pattern: Roof, inverted reversal pattern from 11/09/2020 to 12/10/2020

Breakout is downward 50% of the time.

Average decline: 17%.

Break-even failure rate: 10%.

Pullbacks occur 56% of the time.

Price hits measure rule target 73% of the time.

Industry: Precision Instrument

Industry RS rank: 11 out of 59

Stock RS rank: 204 out of 577

12/10/20 close: $241.56

1 Month avg volatility: $5.23. Volatility stop (for downward breakout): $252.68 or 4.6% above the close.

Change YTD: 3.39%

Volume: 285,900 shares. 3 month avg: 474,158 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

 

Chart pattern: Rising wedge reversal pattern from 10/27/2020 to 12/09/2020

Breakout is downward 69% of the time.

Average decline: 14%.

Break-even failure rate: 24%.

Pullbacks occur 63% of the time.

Price hits measure rule target 46% of the time.

 

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