As of 04/23/2024   Indus: 38,504 +263.71 +0.7%     Trans: 15,436 +212.01 +1.4%     Utils: 886 +2.63 +0.3%     Nasdaq: 15,697 +245.33 +1.6%     S&P 500: 5,071 +59.95 +1.2%	YTD  +2.2%   -2.9%    +0.5%    +4.6%    +6.3%	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 04/23/2024   Indus: 38,504 +263.71 +0.7%     Trans: 15,436 +212.01 +1.4%     Utils: 886 +2.63 +0.3%     Nasdaq: 15,697 +245.33 +1.6%     S&P 500: 5,071 +59.95 +1.2%	YTD  +2.2%   -2.9%    +0.5%    +4.6%    +6.3%
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 © 2021 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Industry: Furn/Home Furnishings

Industry RS rank: 41 out of 60

Stock RS rank: 124 out of 568

11/11/21 close: $221.85

1 Month avg volatility: $4.48. Volatility stop (for upward breakout): $212.04 or 4.4% below the close.

Change YTD: 83.21%

Volume: 161,200 shares. 3 month avg: 670,414 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: Scallop, ascending continuation pattern from 10/18/2021 to 11/09/2021

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.

Industry: Telecom. Equipment

Industry RS rank: 21 out of 60

Stock RS rank: 218 out of 568

11/11/21 close: $20.77

1 Month avg volatility: $0.68. Volatility stop (for upward breakout): $18.93 or 8.9% below the close.

Change YTD: 40.62%

Volume: 168,700 shares. 3 month avg: 348,746 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 10/15/2021 to 11/05/2021

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.

Industry: Electric Utility (East)

Industry RS rank: 37 out of 60

Stock RS rank: 370 out of 568

11/11/21 close: $24.88

1 Month avg volatility: $0.59. Volatility stop (for downward breakout): $26.19 or 5.3% above the close.

Change YTD: 5.87%

Volume: 7,475,300 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 Friday.

 

Chart pattern: Pipe top reversal pattern from 10/25/2021 to 11/01/2021

Breakout is downward 100% of the time.

Average decline: 20%.

Break-even failure rate: 11%.

Pullbacks occur 41% of the time.

Price hits measure rule target 70% of the time.

Industry: Apparel

Industry RS rank: 51 out of 60

Stock RS rank: 545 out of 568

11/11/21 close: $26.43

1 Month avg volatility: $0.90. Volatility stop (for upward breakout): $24.12 or 8.8% below the close.

Change YTD: 31.69%

Volume: 2,150,500 shares. 3 month avg: 4,309,748 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: Pennant continuation pattern from 11/08/2021 to 11/11/2021

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: Electric Utility (Central)

Industry RS rank: 54 out of 60

Stock RS rank: 417 out of 568

11/11/21 close: $82.61

1 Month avg volatility: $1.24. Volatility stop (for downward breakout): $86.65 or 4.9% above the close.

Change YTD: -0.79%

Volume: 2,860,500 shares. 3 month avg: 2,150,485 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: Double Top, Eve and Eve reversal pattern from 10/22/2021 to 11/03/2021

Breakout is downward 100% of the time.

Average decline: 18%.

Break-even failure rate: 11%.

Pullbacks occur 59% of the time.

Price hits measure rule target 73% of the time.

Industry: Insurance (Prop/Casualty)

Industry RS rank: 43 out of 60

Stock RS rank: 289 out of 568

11/11/21 close: $41.47

1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $43.69 or 5.3% above the close.

Change YTD: 14.97%

Volume: 7,151,800 shares. 3 month avg: 517,168 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: Double Top, Eve and Eve reversal pattern from 10/27/2021 to 11/08/2021

Breakout is downward 100% of the time.

Average decline: 18%.

Break-even failure rate: 11%.

Pullbacks occur 59% of the time.

Price hits measure rule target 73% of the time.

Industry: Packaging and Container

Industry RS rank: 55 out of 60

Stock RS rank: 342 out of 568

11/11/21 close: $221.85

1 Month avg volatility: $4.57. Volatility stop (for upward breakout): $211.94 or 4.5% below the close.

Change YTD: 43.03%

Volume: 233,000 shares. 3 month avg: 661,129 shares.

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

 

Chart pattern: Rectangle top continuation pattern from 04/29/2021 to 11/11/2021

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.

Industry: Chemical (Diversified)

Industry RS rank: 20 out of 60

Stock RS rank: 351 out of 568

11/11/21 close: $54.76

1 Month avg volatility: $0.94. Volatility stop (for upward breakout): $52.54 or 4.1% below the close.

Change YTD: 3.67%

Volume: 78,000 shares. 3 month avg: 204,463 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 continuation pattern from 11/08/2021 to 11/11/2021

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: Semiconductor Cap Equip.

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

Industry RS rank: 5 out of 60

Stock RS rank: 73 out of 568

11/11/21 close: $113.80

1 Month avg volatility: $2.73. Volatility stop (for upward breakout): $105.82 or 7.0% below the close.

Change YTD: 67.72%

Volume: 1,052,400 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: Scallop, ascending continuation pattern from 09/27/2021 to 11/09/2021

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.

Industry: Electric Utility (Central)

Industry RS rank: 54 out of 60

Stock RS rank: 213 out of 568

11/11/21 close: $26.77

1 Month avg volatility: $0.39. Volatility stop (for upward breakout): $25.68 or 4.1% below the close.

Change YTD: 23.71%

Volume: 5,383,700 shares. 3 month avg: 2,845,400 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: Broadening top, right-angled and descending continuation pattern from 10/15/2021 to 11/11/2021

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.

Industry: Chemical (Basic)

Industry RS rank: 40 out of 60

Stock RS rank: 163 out of 568

11/11/21 close: $63.80

1 Month avg volatility: $1.90. Volatility stop (for upward breakout): $59.58 or 6.6% below the close.

Change YTD: 64.82%

Volume: 2,057,300 shares. 3 month avg: 3,754,700 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 10/25/2021 to 11/01/2021

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.

Industry: Precision Instrument

Industry RS rank: 8 out of 60

Stock RS rank: 132 out of 568

11/11/21 close: $304.54

1 Month avg volatility: $6.57. Volatility stop (for downward breakout): $319.26 or 4.8% above the close.

Change YTD: 37.09%

Volume: 2,153,700 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: Double Top, Adam and Adam reversal pattern from 10/20/2021 to 11/01/2021

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 8%.

Pullbacks occur 61% of the time.

Price hits measure rule target 72% of the time.

Industry: Retail Store

Industry RS rank: 2 out of 60

Stock RS rank: 1 out of 568

11/11/21 close: $325.61

1 Month avg volatility: $14.64. Volatility stop (for upward breakout): $274.47 or 15.7% below the close.

Change YTD: 416.43%

Volume: 718,400 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, high and tight continuation pattern from 10/01/2021 to 11/11/2021

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.

Industry: None

Industry RS rank: 10 out of 60

11/11/21 close: $16,708.48

1 Month avg volatility: $310.54. Volatility stop (for upward breakout): $15,952.90 or 4.5% below the close.

Change YTD: 33.59%

Volume: 59,003,400 shares. 3 month avg: 93,902,560 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: Flag continuation pattern from 11/03/2021 to 11/08/2021

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: Financial Services

Industry RS rank: 53 out of 60

Stock RS rank: 135 out of 568

11/11/21 close: $8.03

1 Month avg volatility: $0.22. Volatility stop (for upward breakout): $7.44 or 7.3% below the close.

Change YTD: 67.64%

Volume: 178,900 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: Pipe bottom reversal pattern from 10/25/2021 to 11/01/2021

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.

Industry: Electric Utility (East)

Industry RS rank: 37 out of 60

Stock RS rank: 274 out of 568

11/11/21 close: $39.03

1 Month avg volatility: $0.68. Volatility stop (for upward breakout): $37.21 or 4.7% below the close.

Change YTD: 27.51%

Volume: 1,922,800 shares. 3 month avg: 4,155,280 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: Cup with handle continuation pattern from 09/02/2021 to 11/11/2021

Breakout is upward 100% of the time.

Average rise: 34%.

Break-even failure rate: 5%.

Throwbacks occur 58% of the time.

Price hits measure rule target 50% of the time.

Industry: Building Materials

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

Industry RS rank: 30 out of 60

Stock RS rank: 66 out of 568

11/11/21 close: $14.00

1 Month avg volatility: $0.55. Volatility stop (for downward breakout): $15.25 or 8.9% above the close.

Change YTD: 104.08%

Volume: 20,700 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: Diamond top reversal pattern from 10/20/2021 to 11/10/2021

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.

Industry: Apparel

Industry RS rank: 51 out of 60

Stock RS rank: 549 out of 568

11/11/21 close: $24.96

1 Month avg volatility: $0.84. Volatility stop (for upward breakout): $22.96 or 8.0% below the close.

Change YTD: 23.63%

Volume: 3,793,400 shares. 3 month avg: 5,662,882 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: Pennant continuation pattern from 11/05/2021 to 11/11/2021

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: Biotechnology

Industry RS rank: 39 out of 60

Stock RS rank: 381 out of 568

11/11/21 close: $67.43

1 Month avg volatility: $1.11. Volatility stop (for upward breakout): $64.53 or 4.3% below the close.

Change YTD: 15.74%

Volume: 3,349,700 shares. 3 month avg: 8,272,228 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: Broadening wedge, descending reversal pattern from 10/06/2021 to 11/10/2021

Breakout is upward 79% of the time.

Average rise: 33%.

Break-even failure rate: 6%.

Throwbacks occur 53% of the time.

Price hits measure rule target 79% of the time.

Industry: Homebuilding

Industry RS rank: 50 out of 60

Stock RS rank: 535 out of 568

11/11/21 close: $87.86

1 Month avg volatility: $3.90. Volatility stop (for upward breakout): $78.70 or 10.4% below the close.

Change YTD: 167.38%

Volume: 51,400 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: Triangle, symmetrical continuation pattern from 10/11/2021 to 11/11/2021

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.

Industry: Electric Utility (West)

Industry RS rank: 58 out of 60

Stock RS rank: 353 out of 568

11/11/21 close: $102.30

1 Month avg volatility: $1.94. Volatility stop (for upward breakout): $97.72 or 4.5% below the close.

Change YTD: 6.53%

Volume: 181,800 shares. 3 month avg: 199,551 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: Ugly double bottom reversal pattern from 10/11/2021 to 10/28/2021

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.

Industry: Electronics

Industry RS rank: 11 out of 60

Stock RS rank: 403 out of 568

11/11/21 close: $88.48

1 Month avg volatility: $2.84. Volatility stop (for downward breakout): $95.51 or 8.0% above the close.

Change YTD: 8.98%

Volume: 113,900 shares. 3 month avg: 128,783 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: Broadening top, right-angled and ascending reversal pattern from 09/20/2021 to 11/11/2021

Breakout is downward 66% of the time.

Average decline: 15%.

Break-even failure rate: 20%.

Pullbacks occur 65% of the time.

Price hits measure rule target 32% of the time.

Industry: Furn/Home Furnishings

Industry RS rank: 41 out of 60

Stock RS rank: 146 out of 568

11/11/21 close: $16.47

1 Month avg volatility: $0.55. Volatility stop (for upward breakout): $15.02 or 8.8% below the close.

Change YTD: 56.86%

Volume: 150,500 shares. 3 month avg: 457,515 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: Three Rising Valleys reversal pattern from 08/19/2021 to 10/29/2021

Breakout is upward 100% of the time.

Average rise: 41%.

Break-even failure rate: 5%.

Throwbacks occur 60% of the time.

Price hits measure rule target 58% of the time.

Industry: Medical Services

Industry RS rank: 52 out of 60

Stock RS rank: 534 out of 568

11/11/21 close: $21.65

1 Month avg volatility: $1.27. Volatility stop (for downward breakout): $24.97 or 15.3% above the close.

Change YTD: -48.22%

Volume: 3,001,400 shares. 3 month avg: 321,822 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: Dead-cat bounce continuation pattern from 11/09/2021 to 11/09/2021

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Medical Supplies

Industry RS rank: 19 out of 60

Stock RS rank: 420 out of 568

11/11/21 close: $163.06

1 Month avg volatility: $2.36. Volatility stop (for downward breakout): $168.52 or 3.4% above the close.

Change YTD: 3.61%

Volume: 4,114,000 shares. 3 month avg: 5,464,417 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 10/21/2021 to 11/11/2021

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.

Industry: Semiconductor Cap Equip.

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

Industry RS rank: 5 out of 60

Stock RS rank: 41 out of 568

11/11/21 close: $412.79

1 Month avg volatility: $11.18. Volatility stop (for upward breakout): $385.64 or 6.6% below the close.

Change YTD: 59.43%

Volume: 608,300 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: Scallop, ascending continuation pattern from 09/23/2021 to 11/08/2021

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.

Industry: Homebuilding

Industry RS rank: 50 out of 60

Stock RS rank: 226 out of 568

11/11/21 close: $106.42

1 Month avg volatility: $2.48. Volatility stop (for upward breakout): $100.34 or 5.7% below the close.

Change YTD: 39.60%

Volume: 1,102,400 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: Ugly double bottom reversal pattern from 10/06/2021 to 10/29/2021

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.

Industry: Packaging and Container

Industry RS rank: 55 out of 60

Stock RS rank: 493 out of 568

11/11/21 close: $135.10

1 Month avg volatility: $3.14. Volatility stop (for downward breakout): $142.35 or 5.4% above the close.

Change YTD: -2.04%

Volume: 323,700 shares. 3 month avg: 777,560 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: Roof reversal pattern from 10/19/2021 to 11/11/2021

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.

Industry: Securities Brokerage

Industry RS rank: 18 out of 60

Stock RS rank: 179 out of 568

11/11/21 close: $100.75

1 Month avg volatility: $1.91. Volatility stop (for upward breakout): $95.60 or 5.1% below the close.

Change YTD: 57.96%

Volume: 433,000 shares. 3 month avg: 692,654 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 10/21/2021 to 11/11/2021

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.

Industry: Insurance (Life)

Industry RS rank: 45 out of 60

Stock RS rank: 499 out of 568

11/11/21 close: $112.18

1 Month avg volatility: $2.65. Volatility stop (for downward breakout): $118.08 or 5.3% above the close.

Change YTD: -3.21%

Volume: 269,900 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 Wednesday.

 

Chart pattern: Double Top, Adam and Adam reversal pattern from 10/15/2021 to 11/03/2021

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 8%.

Pullbacks occur 61% of the time.

Price hits measure rule target 72% of the time.

Industry: Apparel

Industry RS rank: 51 out of 60

Stock RS rank: 341 out of 568

11/11/21 close: $46.18

1 Month avg volatility: $1.05. Volatility stop (for upward breakout): $42.60 or 7.7% below the close.

Change YTD: 48.58%

Volume: 9,899,200 shares. 3 month avg: 3,145,718 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: Cup with handle continuation pattern from 08/12/2021 to 11/10/2021

Breakout is upward 100% of the time.

Average rise: 34%.

Break-even failure rate: 5%.

Throwbacks occur 58% of the time.

Price hits measure rule target 50% of the time.

Industry: Furn/Home Furnishings

Industry RS rank: 41 out of 60

Stock RS rank: 134 out of 568

11/11/21 close: $43.65

1 Month avg volatility: $1.21. Volatility stop (for downward breakout): $46.78 or 7.2% above the close.

Change YTD: 61.67%

Volume: 1,168,200 shares. 3 month avg: 985,960 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: Pipe top reversal pattern from 10/18/2021 to 10/25/2021

Breakout is downward 100% of the time.

Average decline: 20%.

Break-even failure rate: 11%.

Pullbacks occur 41% of the time.

Price hits measure rule target 70% of the time.

Industry: Homebuilding

Industry RS rank: 50 out of 60

Stock RS rank: 285 out of 568

11/11/21 close: $63.14

1 Month avg volatility: $1.56. Volatility stop (for upward breakout): $59.08 or 6.4% below the close.

Change YTD: 45.25%

Volume: 393,300 shares. 3 month avg: 2,237,614 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: Head-and-shoulders bottom reversal pattern from 09/15/2021 to 11/01/2021

Breakout is upward 100% of the time.

Average rise: 38%.

Break-even failure rate: 3%.

Throwbacks occur 45% of the time.

Price hits measure rule target 74% of the time.

Industry: Chemical (Basic)

Industry RS rank: 40 out of 60

Stock RS rank: 372 out of 568

11/11/21 close: $101.75

1 Month avg volatility: $2.70. Volatility stop (for downward breakout): $107.30 or 5.5% above the close.

Change YTD: 24.69%

Volume: 326,000 shares. 3 month avg: 812,517 shares.

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

 

Chart pattern: Diamond top reversal pattern from 10/07/2021 to 11/10/2021

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.

Industry: Retail (Special Lines)

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

Industry RS rank: 14 out of 60

Stock RS rank: 125 out of 568

11/11/21 close: $206.34

1 Month avg volatility: $5.30. Volatility stop (for upward breakout): $191.77 or 7.1% below the close.

Change YTD: 102.61%

Volume: 541,000 shares. 3 month avg: 1,925,938 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: Scallop, ascending continuation pattern from 10/22/2021 to 11/03/2021

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.

Industry: Medical Supplies

Industry RS rank: 19 out of 60

Stock RS rank: 187 out of 568

11/11/21 close: $64.60

1 Month avg volatility: $0.74. Volatility stop (for downward breakout): $66.52 or 3.0% above the close.

Change YTD: 18.42%

Volume: 700,600 shares. 3 month avg: 82,220 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 Friday.

 

Chart pattern: Roof reversal pattern from 10/21/2021 to 11/11/2021

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.

 

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