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Written by and copyright © 2005-2019 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions.
See Privacy/Disclaimer for more information. Some pattern names are the registered trademarks of their respective owners.
My book,
Swing and Day Trading  ,
has other trading setups geared toward swing and day traders. I show a picture of the book on the left.
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The following table show securities (stocks, exchange traded funds, indices) that have retraced a portion of the prior up trend.
To create this list, my computer found the most recent three major turns in which price climbed and then retraced. The retrace is between 57% and 67% of the first two turns,
bracketing the 62% Fibonacci retrace number.
Retrace Setup Definitions
The table shows the Bottom, Peak, Bottom, which are the three turns.
The Last Close is the most recent closing price as of the day the list was created.
Diff is the difference between the last close and the most recent bottom.
Suggested Stop is placed at 67% below the Top. Research says that this stop should only trigger a third of the time, allowing two thirds of trades to work. In real
trading, though, anything could happen, so set a stop where you feel is best.
All of this is just guidance and I do not offer any type of guarantee that this setup will work. If and how you trade this is entirely up to you.
For more information on the setup, click See Also
Click the link for a list of symbols from the table.
-- Thomas Bulkowski
Retrace Setups
If none appear, then no setups were found in the 600+ securities I reviewed.
This is a list of stocks, ETFs and indices with a 57% to 67% retrace of the most recent advance, as of 10/17/19.
| Security | Bottom | Peak | Bottom | Last
Close | Diff | Retrace | Suggested
Stop |
|---|
| 3D Systems (DDD) |
8/28/19 |
9/16/19 |
10/8/19 $7.43 |
$8.34 |
$0.91
12.2% |
60% |
$7.26 -12.9% |
| Accelerate Diagnostics Inc (AXDX) |
10/2/19 |
10/11/19 |
10/17/19 $16.99 |
$17.53 |
$0.54
3.2% |
62% |
$16.85 -3.9% |
| Advanced Energy (AEIS) |
8/28/19 |
9/26/19 |
10/16/19 $52.56 |
$54.01 |
$1.45
2.8% |
58% |
$51.33 -5.0% |
| AES Corp (AES) |
9/9/19 |
9/27/19 |
10/9/19 $15.43 |
$16.24 |
$0.81
5.2% |
65% |
$15.40 -5.1% |
| Allstate Corp (ALL) |
9/3/19 |
9/24/19 |
10/3/19 $104.82 |
$107.74 |
$2.92
2.8% |
60% |
$104.23 -3.3% |
| American Equity Investment Life Holding (AEL) |
8/28/19 |
9/13/19 |
10/9/19 $21.75 |
$23.95 |
$2.20
10.1% |
66% |
$21.71 -9.4% |
| Autodesk Inc (ADSK) |
8/28/19 |
9/12/19 |
10/3/19 $140.26 |
$144.27 |
$4.01
2.9% |
65% |
$139.66 -3.2% |
| Booze Allen Hamilton Holding Corp (BAH) |
10/2/19 |
10/11/19 |
10/16/19 $69.83 |
$70.83 |
$1.00
1.4% |
64% |
$69.69 -1.6% |
| Century Aluminum Co. (CENX) |
8/28/19 |
9/23/19 |
10/15/19 $5.97 |
$6.17 |
$0.20
3.4% |
60% |
$5.79 -6.1% |
| Check Point Software (CHKP) |
10/2/19 |
10/11/19 |
10/16/19 $107.39 |
$108.05 |
$0.66
0.6% |
67% |
$107.38 -0.6% |
| Church and Dwight Co Inc (CHD) |
9/11/19 |
9/27/19 |
10/15/19 $72.40 |
$73.76 |
$1.36
1.9% |
64% |
$72.19 -2.1% |
| Cincinnati Financial Corp (CINF) |
10/2/19 |
10/11/19 |
10/16/19 $113.78 |
$115.12 |
$1.34
1.2% |
67% |
$113.75 -1.2% |
| Comtech Telecommunications Corp (CMTL) |
9/3/19 |
9/26/19 |
10/3/19 $29.94 |
$32.21 |
$2.27
7.6% |
64% |
$29.68 -7.8% |
| Cree Inc (CREE) |
9/3/19 |
9/16/19 |
10/14/19 $45.42 |
$46.42 |
$1.00
2.2% |
64% |
$45.10 -2.8% |
| Everest Re Group Ltd (RE) |
8/30/19 |
9/24/19 |
10/16/19 $246.23 |
$249.46 |
$3.23
1.3% |
61% |
$243.91 -2.2% |
| Evolent Health, Inc (EVH) |
9/3/19 |
9/20/19 |
10/3/19 $6.93 |
$7.54 |
$0.61
8.8% |
64% |
$6.86 -9.0% |
| F5 Networks, Inc. (FFIV) |
8/28/19 |
9/12/19 |
10/10/19 $128.51 |
$137.17 |
$8.66
6.7% |
67% |
$128.50 -6.3% |
| JC Penney Company Inc (JCP) |
8/26/19 |
9/11/19 |
9/19/19 $0.80 |
$1.01 |
$0.21
26.2% |
64% |
$0.78 -22.7% |
| Marten Transport Ltd (MRTN) |
8/28/19 |
9/12/19 |
10/4/19 $19.76 |
$21.52 |
$1.76
8.9% |
60% |
$19.46 -9.6% |
| New York and Company Inc (NWY) |
9/19/19 |
10/7/19 |
10/17/19 $1.22 |
$1.26 |
$0.04
3.3% |
62% |
$1.20 -4.9% |
| NewMarket Corp. (NEU) |
9/16/19 |
10/1/19 |
10/8/19 $457.04 |
$463.29 |
$6.25
1.4% |
66% |
$456.86 -1.4% |
| Olin Corp. (OLN) |
8/23/19 |
9/11/19 |
10/3/19 $17.19 |
$18.04 |
$0.85
4.9% |
57% |
$16.77 -7.0% |
| Raytheon Co. (RTN) |
8/27/19 |
9/16/19 |
10/2/19 $188.24 |
$199.35 |
$11.11
5.9% |
58% |
$185.62 -6.9% |
| Rockwell Automation Inc (ROK) |
8/26/19 |
9/13/19 |
10/10/19 $152.61 |
$166.36 |
$13.75
9.0% |
67% |
$152.55 -8.3% |
| Rocky Brands Inc (RCKY) |
9/5/19 |
9/30/19 |
10/8/19 $30.63 |
$32.99 |
$2.36
7.7% |
58% |
$30.10 -8.8% |
| Southern Copper (SCCO) |
8/26/19 |
9/13/19 |
10/9/19 $32.05 |
$33.56 |
$1.51
4.7% |
62% |
$31.71 -5.5% |
| Standex International Corp (SXI) |
8/26/19 |
9/16/19 |
10/2/19 $68.15 |
$72.06 |
$3.91
5.7% |
59% |
$66.72 -7.4% |
| Stein Mart Inc. (SMRT) |
9/9/19 |
9/18/19 |
10/7/19 $0.75 |
$0.81 |
$0.06
8.0% |
63% |
$0.74 -8.3% |
| Timken Co., The (TKR) |
8/28/19 |
9/13/19 |
10/3/19 $40.41 |
$44.25 |
$3.84
9.5% |
65% |
$40.28 -9.0% |
| Global X Robotics and Artificial Intell (BOTZ) |
8/28/19 |
9/13/19 |
10/3/19 $19.14 |
$20.23 |
$1.09
5.7% |
57% |
$18.90 -6.6% |
| iShares Silver Trust (SLV) |
9/30/19 |
10/9/19 |
10/16/19 $16.15 |
$16.40 |
$0.25
1.5% |
62% |
$16.11 -1.8% |
| MSCI Brazil Index fund (EWZ) |
8/27/19 |
9/12/19 |
10/3/19 $40.48 |
$42.04 |
$1.56
3.9% |
58% |
$40.07 -4.7% |
| Robo Global Robotics and Automation (ROBO) |
8/28/19 |
9/13/19 |
10/3/19 $36.54 |
$38.82 |
$2.28
6.2% |
67% |
$36.53 -5.9% |
| S and P Latin America 40 Index fund (ILF) |
8/26/19 |
9/13/19 |
10/3/19 $30.53 |
$31.95 |
$1.42
4.7% |
57% |
$30.18 -5.5% |
Written by and copyright © 2005-2019 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions.
See Privacy/Disclaimer for more information. Some pattern names are the registered trademarks of their respective owners.
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