As of 04/26/2024

Indus: 38,240 +153.86 +0.4%

Trans: 15,171 -126.01 -0.8%

Utils: 884 -10.33 -1.2%

Nasdaq: 15,928 +316.14 +2.0%

S&P 500: 5,100 +51.54 +1.0%

YTD

+1.5%

-4.6%

+0.3%

+6.1%

+6.9%

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 4/1/24

As of 04/26/2024

Indus: 38,240 +153.86 +0.4%

Trans: 15,171 -126.01 -0.8%

Utils: 884 -10.33 -1.2%

Nasdaq: 15,928 +316.14 +2.0%

S&P 500: 5,100 +51.54 +1.0%

YTD

+1.5%

-4.6%

+0.3%

+6.1%

+6.9%

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 4/1/24

Patterns for the Weekend Details

Weekly screen for chart patterns ending between 05/20/2021 and 05/27/2021. 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.

3M Company (MMM)

Industry: Diversified Co.

Industry RS rank: 44 out of 59

Stock RS rank: 340 out of 573

5/27/21 close: $203.24

1 Month avg volatility: $2.75. Volatility stop (for upward breakout): $197.12 or 3.0% below the close.

Change YTD: 16.28%

Volume: 2,415,200 shares. 3 month avg: 1,950,578 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 05/10/2021 to 05/26/2021

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.

ADTRAN Inc (ADTN)

Industry: Telecom. Equipment

Industry RS rank: 51 out of 59

Stock RS rank: 59 out of 573

5/27/21 close: $20.08

1 Month avg volatility: $0.80. Volatility stop (for downward breakout): $22.20 or 10.5% above the close.

Change YTD: 35.95%

Volume: 231,900 shares. 3 month avg: 348,746 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: Rising wedge reversal pattern from 05/07/2021 to 05/27/2021

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.

AFLAC Inc (AFL)

Industry: Insurance (Diversified)

Industry RS rank: 21 out of 59

Stock RS rank: 226 out of 573

5/27/21 close: $56.82

1 Month avg volatility: $0.96. Volatility stop (for upward breakout): $54.22 or 4.6% below the close.

Change YTD: 27.77%

Volume: 6,451,000 shares. 3 month avg: 1,541,537 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, ascending reversal pattern from 05/11/2021 to 05/26/2021

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.

Albemarle Corp. (ALB)

Industry: Chemical (Diversified)

Industry RS rank: 22 out of 59

Stock RS rank: 221 out of 573

5/27/21 close: $168.56

1 Month avg volatility: $5.66. Volatility stop (for upward breakout): $151.06 or 10.4% below the close.

Change YTD: 14.26%

Volume: 2,350,400 shares. 3 month avg: 1,363,352 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 04/20/2021 to 05/21/2021

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.

AMN Healthcare (AMN)

Industry: Human Resources

Industry RS rank: 14 out of 59

Stock RS rank: 151 out of 573

5/27/21 close: $89.00

1 Month avg volatility: $2.73. Volatility stop (for upward breakout): $82.85 or 6.9% below the close.

Change YTD: 30.40%

Volume: 355,600 shares. 3 month avg: 549,046 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, symmetrical continuation pattern from 05/07/2021 to 05/27/2021

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.

Applied Materials (AMAT)

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

Industry RS rank: 13 out of 59

Stock RS rank: 46 out of 573

5/27/21 close: $137.82

1 Month avg volatility: $4.41. Volatility stop (for upward breakout): $127.02 or 7.8% below the close.

Change YTD: 59.70%

Volume: 10,525,500 shares. 3 month avg: 11,583,771 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Assurant Inc (AIZ)

Industry: Insurance (Diversified)

Industry RS rank: 21 out of 59

Stock RS rank: 287 out of 573

5/27/21 close: $161.30

1 Month avg volatility: $2.77. Volatility stop (for upward breakout): $152.31 or 5.6% below the close.

Change YTD: 18.41%

Volume: 544,300 shares. 3 month avg: 454,446 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: Rectangle top continuation pattern from 04/30/2021 to 05/27/2021

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.

Bio-Rad Laboratories (BIO)

Industry: Medical Supplies

Industry RS rank: 40 out of 59

Stock RS rank: 345 out of 573

5/27/21 close: $598.57

1 Month avg volatility: $13.97. Volatility stop (for downward breakout): $628.75 or 5.0% above the close.

Change YTD: 2.68%

Volume: 189,600 shares. 3 month avg: 180,103 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 bottom continuation pattern from 05/11/2021 to 05/27/2021

Breakout is downward 55% of the time.
Average decline: 14%.
Break-even failure rate: 16%.
Pullbacks occur 69% of the time.
Price hits measure rule target 50% of the time.

Booking Holdings (BKNG)

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

Industry RS rank: 47 out of 59

Stock RS rank: 363 out of 573

5/27/21 close: $2,334.78

1 Month avg volatility: $60.08. Volatility stop (for upward breakout): $2,206.54 or 5.5% below the close.

Change YTD: 4.83%

Volume: 685,400 shares. 3 month avg: 441,478 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Brooks Automation (BRKS)

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

Industry RS rank: 13 out of 59

Stock RS rank: 107 out of 573

5/27/21 close: $99.81

1 Month avg volatility: $4.49. Volatility stop (for upward breakout): $88.92 or 10.9% below the close.

Change YTD: 47.10%

Volume: 598,600 shares. 3 month avg: 448,778 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Build-A-Bear Workshop Inc (BBW)

Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 1 out of 59

Stock RS rank: 2 out of 573

5/27/21 close: $16.51

1 Month avg volatility: $0.92. Volatility stop (for upward breakout): $11.93 or 27.8% below the close.

Change YTD: 286.65%

Volume: 3,344,200 shares. 3 month avg: 99,982 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: Flag, high and tight continuation pattern from 03/29/2021 to 05/27/2021

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.

Cabot Corp. (CBT)

Industry: Chemical (Diversified)

Industry RS rank: 22 out of 59

Stock RS rank: 92 out of 573

5/27/21 close: $63.37

1 Month avg volatility: $1.51. Volatility stop (for upward breakout): $59.70 or 5.8% below the close.

Change YTD: 41.20%

Volume: 285,100 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, ascending reversal pattern from 05/07/2021 to 05/26/2021

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.

Cemex SA de CV (CX)

Industry: Cement and Aggregates

Industry RS rank: 7 out of 59

Stock RS rank: 42 out of 573

5/27/21 close: $8.10

1 Month avg volatility: $0.29. Volatility stop (for downward breakout): $8.82 or 8.9% above the close.

Change YTD: 56.67%

Volume: 5,311,900 shares. 3 month avg: 9,928,860 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, descending reversal pattern from 05/10/2021 to 05/27/2021

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.

ConAgra Brands Inc (CAG)

Industry: Food Processing

Industry RS rank: 45 out of 59

Stock RS rank: 442 out of 573

5/27/21 close: $37.92

1 Month avg volatility: $0.59. Volatility stop (for upward breakout): $36.66 or 3.3% below the close.

Change YTD: 4.58%

Volume: 3,997,000 shares. 3 month avg: 3,423,360 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: Triangle, symmetrical continuation pattern from 03/30/2021 to 05/27/2021

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.

Cree Inc (CREE)

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

Industry RS rank: 35 out of 59

Stock RS rank: 366 out of 573

5/27/21 close: $100.27

1 Month avg volatility: $4.58. Volatility stop (for upward breakout): $88.49 or 11.8% below the close.

Change YTD: -5.32%

Volume: 1,358,600 shares. 3 month avg: 2,005,123 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Deckers Outdoor Corp (DECK)

Industry: Shoe

Industry RS rank: 9 out of 59

Stock RS rank: 191 out of 573

5/27/21 close: $339.11

1 Month avg volatility: $11.00. Volatility stop (for upward breakout): $317.11 or 6.5% below the close.

Change YTD: 18.25%

Volume: 368,300 shares. 3 month avg: 637,325 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: Rectangle top continuation pattern from 02/02/2021 to 05/27/2021

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.

Dentsply Sirona Inc. (XRAY)

Industry: Medical Supplies

Industry RS rank: 40 out of 59

Stock RS rank: 182 out of 573

5/27/21 close: $66.48

1 Month avg volatility: $1.41. Volatility stop (for upward breakout): $63.43 or 4.6% below the close.

Change YTD: 26.97%

Volume: 2,346,000 shares. 3 month avg: 2,503,563 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, symmetrical continuation pattern from 05/06/2021 to 05/25/2021

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.

Dilliards Inc (DDS)

Industry: Retail Store

Industry RS rank: 26 out of 59

Stock RS rank: 5 out of 573

5/27/21 close: $133.16

1 Month avg volatility: $7.82. Volatility stop (for upward breakout): $114.55 or 14.0% below the close.

Change YTD: 111.20%

Volume: 340,500 shares. 3 month avg: 658,302 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: Flag continuation pattern from 05/19/2021 to 05/26/2021

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.

Facebook (FB)

Industry: E-Commerce

Industry RS rank: 52 out of 59

Stock RS rank: 271 out of 573

5/27/21 close: $332.75

1 Month avg volatility: $6.71. Volatility stop (for upward breakout): $313.35 or 5.8% below the close.

Change YTD: 21.82%

Volume: 20,286,900 shares. 3 month avg: 16,363,594 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

GameStop Corp (GME)

Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 1 out of 59

Stock RS rank: 1 out of 573

5/27/21 close: $254.13

1 Month avg volatility: $16.04. Volatility stop (for upward breakout): $194.92 or 23.3% below the close.

Change YTD: 1248.89%

Volume: 15,282,100 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: Flag, high and tight continuation pattern from 04/13/2021 to 05/27/2021

WARNING: A dead-cat bounce occurred on 12/09/2020. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 06/09/2021.
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.

General Mills Inc (GIS)

Industry: Food Processing

Industry RS rank: 45 out of 59

Stock RS rank: 467 out of 573

5/27/21 close: $62.28

1 Month avg volatility: $1.07. Volatility stop (for upward breakout): $60.07 or 3.6% below the close.

Change YTD: 5.92%

Volume: 3,466,100 shares. 3 month avg: 4,139,065 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 05/06/2021 to 05/27/2021

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.

GoPro (GPRO)

Industry: Electronics

Industry RS rank: 24 out of 59

Stock RS rank: 51 out of 573

5/27/21 close: $11.50

1 Month avg volatility: $0.62. Volatility stop (for upward breakout): $10.05 or 12.6% below the close.

Change YTD: 38.89%

Volume: 3,372,800 shares. 3 month avg: 5,624,629 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

WARNING: A dead-cat bounce occurred on 02/05/2021. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/06/2021.
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Guess Inc. (GES)

Industry: Apparel

Industry RS rank: 4 out of 59

Stock RS rank: 35 out of 573

5/27/21 close: $30.79

1 Month avg volatility: $1.34. Volatility stop (for downward breakout): $33.80 or 9.8% above the close.

Change YTD: 36.12%

Volume: 1,246,700 shares. 3 month avg: 1,269,442 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: Diamond top reversal pattern from 04/22/2021 to 05/26/2021

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.

Hanover Insurance Group, The (THG)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 23 out of 59

Stock RS rank: 289 out of 573

5/27/21 close: $139.22

1 Month avg volatility: $2.61. Volatility stop (for downward breakout): $145.01 or 4.2% above the close.

Change YTD: 19.07%

Volume: 218,900 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: Diamond top reversal pattern from 05/05/2021 to 05/27/2021

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.

HNI (HON Industries) (HNI)

Industry: Furn/Home Furnishings

Industry RS rank: 8 out of 59

Stock RS rank: 286 out of 573

5/27/21 close: $46.05

1 Month avg volatility: $1.06. Volatility stop (for downward breakout): $48.39 or 5.1% above the close.

Change YTD: 33.63%

Volume: 161,700 shares. 3 month avg: 239,735 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: Rising wedge reversal pattern from 04/27/2021 to 05/27/2021

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.

IDEXX Laboratories, Inc (IDXX)

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

Industry RS rank: 34 out of 59

Stock RS rank: 232 out of 573

5/27/21 close: $554.04

1 Month avg volatility: $12.94. Volatility stop (for upward breakout): $520.03 or 6.1% below the close.

Change YTD: 10.84%

Volume: 888,200 shares. 3 month avg: 512,494 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 02/18/2021 to 05/27/2021

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.

Inovalon Holdings Inc (INOV)

Industry: Healthcare Information

Industry RS rank: 53 out of 59

Stock RS rank: 50 out of 573

5/27/21 close: $31.07

1 Month avg volatility: $0.81. Volatility stop (for downward breakout): $33.10 or 6.5% above the close.

Change YTD: 71.00%

Volume: 636,100 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: Roof, inverted reversal pattern from 04/29/2021 to 05/26/2021

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.

Inter Parfums Inc. (IPAR)

Industry: Toiletries/Cosmetics

Industry RS rank: 37 out of 59

Stock RS rank: 130 out of 573

5/27/21 close: $76.77

1 Month avg volatility: $2.06. Volatility stop (for upward breakout): $69.97 or 8.9% below the close.

Change YTD: 26.91%

Volume: 91,800 shares. 3 month avg: 72,294 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 Wednesday.

Chart pattern: Ugly double bottom reversal pattern from 05/11/2021 to 05/24/2021

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.

KLA-Tencor Corporation (KLAC)

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

Industry RS rank: 13 out of 59

Stock RS rank: 199 out of 573

5/27/21 close: $316.54

1 Month avg volatility: $9.23. Volatility stop (for upward breakout): $297.44 or 6.0% below the close.

Change YTD: 22.26%

Volume: 1,192,100 shares. 3 month avg: 1,563,420 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Lam Research Corp (LRCX)

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

Industry RS rank: 13 out of 59

Stock RS rank: 95 out of 573

5/27/21 close: $645.70

1 Month avg volatility: $20.73. Volatility stop (for upward breakout): $593.41 or 8.1% below the close.

Change YTD: 36.72%

Volume: 2,118,000 shares. 3 month avg: 2,565,394 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Loews Corp (L)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 23 out of 59

Stock RS rank: 173 out of 573

5/27/21 close: $58.18

1 Month avg volatility: $1.06. Volatility stop (for upward breakout): $55.34 or 4.9% below the close.

Change YTD: 29.23%

Volume: 2,475,200 shares. 3 month avg: 964,671 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 05/10/2021 to 05/27/2021

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.

MACOM Technology Solutions Holdings (MTSI)

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

Industry RS rank: 35 out of 59

Stock RS rank: 138 out of 573

5/27/21 close: $59.04

1 Month avg volatility: $2.28. Volatility stop (for upward breakout): $52.50 or 11.1% below the close.

Change YTD: 7.27%

Volume: 551,800 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

MGE Energy Inc (MGEE)

Industry: Electric Utility (Central)

Industry RS rank: 55 out of 59

Stock RS rank: 468 out of 573

5/27/21 close: $74.98

1 Month avg volatility: $1.29. Volatility stop (for upward breakout): $72.11 or 3.8% below the close.

Change YTD: 7.07%

Volume: 62,300 shares. 3 month avg: 83,160 shares.
This security may be thinly traded (less than 100k 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: Broadening top, right-angled and descending continuation pattern from 04/20/2021 to 05/24/2021

Breakout is upward 51% of the time.
Average rise: 28%.
Break-even failure rate: 19%.
Throwbacks occur 52% of the time.
Price hits measure rule target 63% of the time.

Mueller Industries Inc. (MLI)

Industry: Metal Fabricating

Industry RS rank: 18 out of 59

Stock RS rank: 135 out of 573

5/27/21 close: $46.30

1 Month avg volatility: $0.99. Volatility stop (for upward breakout): $44.25 or 4.4% below the close.

Change YTD: 31.87%

Volume: 150,300 shares. 3 month avg: 161,678 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 05/12/2021 to 05/27/2021

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.

Nabors Industries, Ltd. (NBR)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 6 out of 59

Stock RS rank: 40 out of 573

5/27/21 close: $99.79

1 Month avg volatility: $7.04. Volatility stop (for upward breakout): $83.29 or 16.5% below the close.

Change YTD: 71.37%

Volume: 201,800 shares. 3 month avg: 10,861,705 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 05/10/2021 to 05/27/2021

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.

National Fuel Gas (NFG)

Industry: Natural Gas (Diversified)

Industry RS rank: 46 out of 59

Stock RS rank: 270 out of 573

5/27/21 close: $51.41

1 Month avg volatility: $0.93. Volatility stop (for upward breakout): $49.52 or 3.7% below the close.

Change YTD: 24.99%

Volume: 270,100 shares. 3 month avg: 355,354 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: Diamond bottom reversal pattern from 05/19/2021 to 05/27/2021

Breakout is upward 69% of the time.
Average rise: 36%.
Break-even failure rate: 4%.
Throwbacks occur 53% of the time.
Price hits measure rule target 81% of the time.

NextGen Healthcare Inc (NXGN)

Industry: Healthcare Information

Industry RS rank: 53 out of 59

Stock RS rank: 544 out of 573

5/27/21 close: $16.26

1 Month avg volatility: $0.59. Volatility stop (for downward breakout): $19.46 or 19.7% above the close.

Change YTD: -10.86%

Volume: 1,446,300 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: Rectangle bottom continuation pattern from 03/25/2021 to 05/26/2021

Breakout is downward 55% of the time.
Average decline: 14%.
Break-even failure rate: 16%.
Pullbacks occur 69% of the time.
Price hits measure rule target 50% of the time.

NVidia Corp (NVDA)

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

Industry RS rank: 35 out of 59

Stock RS rank: 314 out of 573

5/27/21 close: $619.52

1 Month avg volatility: $17.36. Volatility stop (for upward breakout): $583.68 or 5.8% below the close.

Change YTD: 18.64%

Volume: 14,397,700 shares. 3 month avg: 15,363,712 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Paypal Holdings, Inc (PYPL)

Industry: Financial Services

Industry RS rank: 33 out of 59

Stock RS rank: 265 out of 573

5/27/21 close: $259.47

1 Month avg volatility: $7.49. Volatility stop (for upward breakout): $241.30 or 7.0% below the close.

Change YTD: 10.79%

Volume: 6,634,600 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

PPG Industries Inc (PPG)

Industry: Chemical (Diversified)

Industry RS rank: 22 out of 59

Stock RS rank: 241 out of 573

5/27/21 close: $180.79

1 Month avg volatility: $2.80. Volatility stop (for upward breakout): $173.81 or 3.9% below the close.

Change YTD: 25.36%

Volume: 3,174,700 shares. 3 month avg: 1,342,054 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, ascending reversal pattern from 04/30/2021 to 05/27/2021

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.

Procter and Gamble Co (PG)

Industry: Household Products

Industry RS rank: 58 out of 59

Stock RS rank: 521 out of 573

5/27/21 close: $134.98

1 Month avg volatility: $1.69. Volatility stop (for upward breakout): $131.28 or 2.7% below the close.

Change YTD: -2.99%

Volume: 32,708,500 shares. 3 month avg: 7,163,346 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, ascending reversal pattern from 05/10/2021 to 05/26/2021

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.

Sempra Energy (SRE)

Industry: Electric Utility (West)

Industry RS rank: 56 out of 59

Stock RS rank: 480 out of 573

5/27/21 close: $135.30

1 Month avg volatility: $2.27. Volatility stop (for downward breakout): $142.08 or 5.0% above the close.

Change YTD: 6.19%

Volume: 5,580,900 shares. 3 month avg: 1,356,452 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: Roof reversal pattern from 04/28/2021 to 05/27/2021

Breakout is downward 84% of the time.
Average decline: 16%.
Break-even failure rate: 13%.
Pullbacks occur 56% of the time.
Price hits measure rule target 68% of the time.

Teradyne Inc. (TER)

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

Industry RS rank: 13 out of 59

Stock RS rank: 274 out of 573

5/27/21 close: $130.59

1 Month avg volatility: $4.31. Volatility stop (for upward breakout): $118.73 or 9.1% below the close.

Change YTD: 8.92%

Volume: 1,577,400 shares. 3 month avg: 2,362,042 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Textron Inc (TXT)

Industry: Diversified Co.

Industry RS rank: 44 out of 59

Stock RS rank: 94 out of 573

5/27/21 close: $68.53

1 Month avg volatility: $1.61. Volatility stop (for upward breakout): $64.49 or 5.9% below the close.

Change YTD: 41.80%

Volume: 2,598,200 shares. 3 month avg: 1,461,508 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 05/10/2021 to 05/26/2021

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.

Travelers Companies Inc, The (TRV)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 23 out of 59

Stock RS rank: 311 out of 573

5/27/21 close: $159.35

1 Month avg volatility: $2.78. Volatility stop (for upward breakout): $152.18 or 4.5% below the close.

Change YTD: 13.52%

Volume: 2,433,900 shares. 3 month avg: 1,525,757 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, symmetrical continuation pattern from 05/10/2021 to 05/27/2021

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.

United Parcel Service (UPS)

Industry: Air Transport

Industry RS rank: 28 out of 59

Stock RS rank: 224 out of 573

5/27/21 close: $212.80

1 Month avg volatility: $3.82. Volatility stop (for downward breakout): $224.50 or 5.5% above the close.

Change YTD: 26.37%

Volume: 4,614,700 shares. 3 month avg: 2,659,363 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, descending reversal pattern from 05/10/2021 to 05/26/2021

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.

Xilinx Inc (XLNX)

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

Industry RS rank: 13 out of 59

Stock RS rank: 546 out of 573

5/27/21 close: $123.02

1 Month avg volatility: $3.75. Volatility stop (for upward breakout): $114.85 or 6.6% below the close.

Change YTD: -13.23%

Volume: 1,864,900 shares. 3 month avg: 2,055,762 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

First Trust NASDAQ 100 Tech Sector ETF (QTEC)

Industry: Electronics

Industry RS rank: 24 out of 59

Stock RS rank: 350 out of 573

5/27/21 close: $146.87

1 Month avg volatility: $2.73. Volatility stop (for upward breakout): $140.56 or 4.3% below the close.

Change YTD: 6.37%

Volume: 55,400 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 Thursday.

Chart pattern: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Vanguard Mega Cap Growth ETF (MGK)

Industry: None

Industry RS rank: 49 out of 59

Stock RS rank: 378 out of 573

5/27/21 close: $218.21

1 Month avg volatility: $2.75. Volatility stop (for upward breakout): $212.71 or 2.5% below the close.

Change YTD: 7.10%

Volume: 111,600 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: Pipe bottom reversal pattern from 05/10/2021 to 05/17/2021

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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