As of 04/17/2024
  Indus: 37,753 -45.66 -0.1%  
  Trans: 14,987 -259.68 -1.7%  
  Utils: 853 +17.82 +2.1%  
  Nasdaq: 15,683 -181.88 -1.1%  
  S&P 500: 5,022 -29.20 -0.6%  
YTD
 +0.2%  
-5.7%  
-3.2%  
 +4.5%  
 +5.3%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024
As of 04/17/2024
  Indus: 37,753 -45.66 -0.1%  
  Trans: 14,987 -259.68 -1.7%  
  Utils: 853 +17.82 +2.1%  
  Nasdaq: 15,683 -181.88 -1.1%  
  S&P 500: 5,022 -29.20 -0.6%  
YTD
 +0.2%  
-5.7%  
-3.2%  
 +4.5%  
 +5.3%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024

Patterns for the Weekend Details

Copyright © 2021 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

 

Weekly screen for chart patterns ending between 04/08/2021 and 04/15/2021. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
’Breakout is upward/downward 100% of the time’ means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
Air Transport Services Group (ATSG)
Industry: Air Transport
Industry RS rank: 46 out of 59
Stock RS rank: 455 out of 575
4/15/21 close: $29.50
1 Month avg volatility: $0.98. Volatility stop (for upward breakout): $27.16 or 7.9% below the close.
Change YTD: -5.87%
Volume: 165,900 shares. 3 month avg: 530,657 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, symmetrical continuation pattern from 03/19/2021 to 04/15/2021
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.

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Ashland Inc. (ASH)
Industry: Chemical (Basic)
Industry RS rank: 25 out of 59
Stock RS rank: 343 out of 575
4/15/21 close: $90.11
1 Month avg volatility: $1.77. Volatility stop (for upward breakout): $85.47 or 5.2% below the close.
Change YTD: 13.78%
Volume: 161,500 shares. 3 month avg: 610,854 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 03/15/2021 to 04/15/2021
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.

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Big Lots Inc. (BIG)
Industry: Retail Store
Industry RS rank: 31 out of 59
Stock RS rank: 247 out of 575
4/15/21 close: $67.39
1 Month avg volatility: $3.20. Volatility stop (for upward breakout): $60.51 or 10.2% below the close.
Change YTD: 56.98%
Volume: 523,700 shares. 3 month avg: 984,457 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 03/22/2021 to 04/15/2021
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.

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Bottomline Technologies (EPAY)
Industry: Computer Software and Svcs
Industry RS rank: 42 out of 59
Stock RS rank: 414 out of 575
4/15/21 close: $49.13
1 Month avg volatility: $1.40. Volatility stop (for upward breakout): $45.43 or 7.5% below the close.
Change YTD: -6.84%
Volume: 306,400 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: Ugly double bottom reversal pattern from 03/25/2021 to 04/09/2021
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Bristol-Myers Squibb Company (BMY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 48 out of 59
Stock RS rank: 492 out of 575
4/15/21 close: $64.44
1 Month avg volatility: $0.92. Volatility stop (for upward breakout): $62.07 or 3.7% below the close.
Change YTD: 3.89%
Volume: 9,810,900 shares. 3 month avg: 5,378,746 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: Ugly double bottom reversal pattern from 03/04/2021 to 04/09/2021
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Cabot Corp. (CBT)
Industry: Chemical (Diversified)
Industry RS rank: 35 out of 59
Stock RS rank: 234 out of 575
4/15/21 close: $54.07
1 Month avg volatility: $1.44. Volatility stop (for upward breakout): $50.21 or 7.1% below the close.
Change YTD: 20.48%
Volume: 231,600 shares. 3 month avg: 325,852 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 03/18/2021 to 04/15/2021
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.

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Cross Country Healthcare Inc (CCRN)
Industry: Human Resources
Industry RS rank: 13 out of 59
Stock RS rank: 55 out of 575
4/15/21 close: $13.18
1 Month avg volatility: $0.56. Volatility stop (for upward breakout): $11.58 or 12.1% below the close.
Change YTD: 48.59%
Volume: 171,400 shares. 3 month avg: 226,311 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triangle, ascending reversal pattern from 03/25/2021 to 04/13/2021
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.

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CTS Corp (CTS)
Industry: Electronics
Industry RS rank: 11 out of 59
Stock RS rank: 296 out of 575
4/15/21 close: $30.82
1 Month avg volatility: $0.87. Volatility stop (for upward breakout): $28.71 or 6.8% below the close.
Change YTD: -10.22%
Volume: 54,000 shares. 3 month avg: 73,662 shares.
This security may be thinly traded (less than 100k 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: Falling wedge from 11/30/2020 to 04/14/2021
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.

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Danaher Corp (DHR)
Industry: Precision Instrument
Industry RS rank: 44 out of 59
Stock RS rank: 481 out of 575
4/15/21 close: $242.59
1 Month avg volatility: $4.74. Volatility stop (for upward breakout): $227.53 or 6.2% below the close.
Change YTD: 9.21%
Volume: 2,295,400 shares. 3 month avg: 2,378,355 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: Rounding bottom continuation pattern from 02/16/2021 to 04/13/2021
Breakout is upward 100% of the time.
Average rise: 43%.
Break-even failure rate: 5%.
Throwbacks occur 40% of the time.
Price hits measure rule target 57% of the time.

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EOG Resources (EOG)
Industry: Natural Gas (Distributor)
Industry RS rank: 15 out of 59
Stock RS rank: 47 out of 575
4/15/21 close: $72.83
1 Month avg volatility: $2.75. Volatility stop (for upward breakout): $66.77 or 8.3% below the close.
Change YTD: 46.04%
Volume: 3,489,500 shares. 3 month avg: 2,618,102 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 03/09/2021 to 04/15/2021
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.

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General Dynamics Corp (GD)
Industry: Aerospace/Defense
Industry RS rank: 33 out of 59
Stock RS rank: 262 out of 575
4/15/21 close: $183.93
1 Month avg volatility: $2.80. Volatility stop (for upward breakout): $176.82 or 3.9% below the close.
Change YTD: 23.59%
Volume: 910,200 shares. 3 month avg: 1,076,035 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, symmetrical continuation pattern from 04/07/2021 to 04/15/2021
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.

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Goldman Sachs Group, The (GS)
Industry: Securities Brokerage
Industry RS rank: 6 out of 59
Stock RS rank: 107 out of 575
4/15/21 close: $338.55
1 Month avg volatility: $8.20. Volatility stop (for downward breakout): $357.75 or 5.7% above the close.
Change YTD: 28.38%
Volume: 4,188,300 shares. 3 month avg: 2,673,269 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: Scallop, descending continuation pattern from 03/18/2021 to 04/14/2021
Breakout is downward 66% of the time.
Average decline: 17%.
Break-even failure rate: 15%.
Pullbacks occur 55% of the time.
Price hits measure rule target 30% of the time.

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Hanesbrand Inc. (HBI)
Industry: Apparel
Industry RS rank: 3 out of 59
Stock RS rank: 374 out of 575
4/15/21 close: $20.04
1 Month avg volatility: $0.64. Volatility stop (for upward breakout): $18.68 or 6.8% below the close.
Change YTD: 37.45%
Volume: 2,977,900 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: Triangle, symmetrical continuation pattern from 03/19/2021 to 04/15/2021
WARNING: A dead-cat bounce occurred on 11/05/2020. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/06/2021.
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.

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Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 20 out of 59
Stock RS rank: 6 out of 575
4/15/21 close: $109.86
1 Month avg volatility: $8.44. Volatility stop (for upward breakout): $89.11 or 18.9% below the close.
Change YTD: 234.33%
Volume: 53,800 shares. 3 month avg: 1,539,280 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: Flag, high and tight continuation pattern from 02/26/2021 to 04/15/2021
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.

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Infinera Corp. (INFN)
Industry: Telecom. Equipment
Industry RS rank: 34 out of 59
Stock RS rank: 148 out of 575
4/15/21 close: $10.09
1 Month avg volatility: $0.42. Volatility stop (for upward breakout): $8.89 or 11.9% below the close.
Change YTD: -3.72%
Volume: 1,242,200 shares. 3 month avg: 1,624,214 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 03/18/2021 to 04/14/2021
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.

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J2 Global Communications Inc. (JCOM)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 39 out of 59
Stock RS rank: 58 out of 575
4/15/21 close: $128.16
1 Month avg volatility: $3.20. Volatility stop (for upward breakout): $118.95 or 7.2% below the close.
Change YTD: 31.19%
Volume: 362,600 shares. 3 month avg: 371,714 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: Scallop, ascending continuation pattern from 03/16/2021 to 04/15/2021
Breakout is upward 80% of the time.
Average rise: 31%.
Break-even failure rate: 10%.
Throwbacks occur 58% of the time.
Price hits measure rule target 58% of the time.

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La-Z-Boy Inc (LZB)
Industry: Furn/Home Furnishings
Industry RS rank: 10 out of 59
Stock RS rank: 275 out of 575
4/15/21 close: $43.39
1 Month avg volatility: $1.22. Volatility stop (for upward breakout): $40.04 or 7.7% below the close.
Change YTD: 8.91%
Volume: 262,500 shares. 3 month avg: 437,505 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, symmetrical continuation pattern from 03/29/2021 to 04/15/2021
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.

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LiveRamp Holdings (RAMP)
Industry: Computer Software and Svcs
Industry RS rank: 42 out of 59
Stock RS rank: 558 out of 575
4/15/21 close: $50.89
1 Month avg volatility: $1.99. Volatility stop (for downward breakout): $55.18 or 8.4% above the close.
Change YTD: -30.47%
Volume: 508,800 shares. 3 month avg: 906,945 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: Triangle, descending reversal pattern from 03/08/2021 to 04/15/2021
WARNING: A dead-cat bounce occurred on 11/10/2020. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/11/2021.
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.

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Manhattan Associates (MANH)
Industry: IT Services
Industry RS rank: 38 out of 59
Stock RS rank: 363 out of 575
4/15/21 close: $122.30
1 Month avg volatility: $4.17. Volatility stop (for upward breakout): $112.47 or 8.0% below the close.
Change YTD: 16.28%
Volume: 281,700 shares. 3 month avg: 726,191 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, symmetrical continuation pattern from 03/01/2021 to 04/09/2021
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.

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Martin Marietta Materials, Inc (MLM)
Industry: Cement and Aggregates
Industry RS rank: 19 out of 59
Stock RS rank: 227 out of 575
4/15/21 close: $347.94
1 Month avg volatility: $9.02. Volatility stop (for downward breakout): $366.96 or 5.5% above the close.
Change YTD: 22.53%
Volume: 355,100 shares. 3 month avg: 575,872 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 02/19/2021 to 04/15/2021
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.

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Netgear Inc. (NTGR)
Industry: Telecom. Equipment
Industry RS rank: 34 out of 59
Stock RS rank: 354 out of 575
4/15/21 close: $39.05
1 Month avg volatility: $1.52. Volatility stop (for downward breakout): $43.07 or 10.3% above the close.
Change YTD: -3.89%
Volume: 512,800 shares. 3 month avg: 452,812 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, descending reversal pattern from 03/25/2021 to 04/14/2021
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.

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NextGen Healthcare Inc (NXGN)
Industry: Healthcare Information
Industry RS rank: 56 out of 59
Stock RS rank: 233 out of 575
4/15/21 close: $18.78
1 Month avg volatility: $0.59. Volatility stop (for downward breakout): $20.04 or 6.7% above the close.
Change YTD: 2.96%
Volume: 162,300 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 03/05/2021 to 04/14/2021
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.

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Patterson Companies Inc. (PDCO)
Industry: Medical Supplies
Industry RS rank: 52 out of 59
Stock RS rank: 328 out of 575
4/15/21 close: $32.13
1 Month avg volatility: $1.08. Volatility stop (for upward breakout): $29.56 or 8.0% below the close.
Change YTD: 8.44%
Volume: 456,700 shares. 3 month avg: 1,885,975 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: Triangle, ascending reversal pattern from 03/01/2021 to 04/15/2021
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.

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Portland General Electric Co. (POR)
Industry: Electric Utility (West)
Industry RS rank: 51 out of 59
Stock RS rank: 214 out of 575
4/15/21 close: $50.14
1 Month avg volatility: $0.86. Volatility stop (for upward breakout): $47.78 or 4.7% below the close.
Change YTD: 17.23%
Volume: 305,100 shares. 3 month avg: 771,474 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: Scallop, ascending continuation pattern from 03/16/2021 to 04/15/2021
Breakout is upward 80% of the time.
Average rise: 31%.
Break-even failure rate: 10%.
Throwbacks occur 58% of the time.
Price hits measure rule target 58% of the time.

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Quaker Chemical (KWR)
Industry: Chemical (Specialty)
Industry RS rank: 45 out of 59
Stock RS rank: 265 out of 575
4/15/21 close: $244.17
1 Month avg volatility: $7.51. Volatility stop (for upward breakout): $227.29 or 6.9% below the close.
Change YTD: -3.64%
Volume: 44,700 shares. 3 month avg: 69,343 shares.
This security may be thinly traded (less than 100k 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 03/18/2021 to 04/15/2021
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.

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RLI Corp (RLI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 16 out of 59
Stock RS rank: 211 out of 575
4/15/21 close: $114.73
1 Month avg volatility: $2.69. Volatility stop (for upward breakout): $108.37 or 5.6% below the close.
Change YTD: 10.16%
Volume: 70,000 shares. 3 month avg: 149,782 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: Triangle, ascending reversal pattern from 03/23/2021 to 04/15/2021
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.

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Spire (SR)
Industry: Natural Gas (Distributor)
Industry RS rank: 15 out of 59
Stock RS rank: 212 out of 575
4/15/21 close: $77.40
1 Month avg volatility: $1.59. Volatility stop (for upward breakout): $72.50 or 6.3% below the close.
Change YTD: 20.86%
Volume: 268,700 shares. 3 month avg: 172,872 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: Scallop, ascending continuation pattern from 03/17/2021 to 04/12/2021
Breakout is upward 80% of the time.
Average rise: 31%.
Break-even failure rate: 10%.
Throwbacks occur 58% of the time.
Price hits measure rule target 58% of the time.

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Standex International Corp (SXI)
Industry: Diversified Co.
Industry RS rank: 30 out of 59
Stock RS rank: 143 out of 575
4/15/21 close: $95.75
1 Month avg volatility: $3.10. Volatility stop (for downward breakout): $102.58 or 7.1% above the close.
Change YTD: 23.52%
Volume: 21,600 shares. 3 month avg: 37,109 shares.
This security may be thinly traded (less than 100k 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 03/26/2021 to 04/15/2021
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.

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Teladoc, Inc (TDOC)
Industry: Healthcare Information
Industry RS rank: 56 out of 59
Stock RS rank: 559 out of 575
4/15/21 close: $192.38
1 Month avg volatility: $8.15. Volatility stop (for upward breakout): $173.35 or 9.9% below the close.
Change YTD: -3.79%
Volume: 2,378,400 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: Ugly double bottom reversal pattern from 03/29/2021 to 04/12/2021
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Valmont Industries Inc. (VMI)
Industry: Metal Fabricating
Industry RS rank: 17 out of 59
Stock RS rank: 79 out of 575
4/15/21 close: $231.78
1 Month avg volatility: $5.89. Volatility stop (for upward breakout): $218.91 or 5.6% below the close.
Change YTD: 32.50%
Volume: 176,200 shares. 3 month avg: 117,540 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: Triangle, symmetrical continuation pattern from 03/05/2021 to 04/15/2021
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.

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Vertex Pharmaceuticals (VRTX)
Industry: Biotechnology
Industry RS rank: 50 out of 59
Stock RS rank: 564 out of 575
4/15/21 close: $221.10
1 Month avg volatility: $4.43. Volatility stop (for upward breakout): $209.13 or 5.4% below the close.
Change YTD: -6.45%
Volume: 1,672,500 shares. 3 month avg: 1,548,174 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: Double Bottom, Eve and Eve reversal pattern from 03/26/2021 to 04/09/2021
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.

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Western Union Co (WU)
Industry: Financial Services
Industry RS rank: 29 out of 59
Stock RS rank: 372 out of 575
4/15/21 close: $25.76
1 Month avg volatility: $0.46. Volatility stop (for upward breakout): $24.77 or 3.8% below the close.
Change YTD: 17.41%
Volume: 5,046,400 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, ascending reversal pattern from 03/18/2021 to 04/13/2021
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.

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