As of 12/24/2024
Indus: 43,297 +390.08 +0.9%
Trans: 16,063 +127.24 +0.8%
Utils: 993 +4.93 +0.5%
Nasdaq: 20,031 +266.24 +1.3%
S&P 500: 6,040 +65.97 +1.1%
|
YTD
+14.9%
+1.0%
+12.7%
+33.4%
+26.6%
|
44,200 or 41,750 by 01/01/2025
16,700 or 15,500 by 01/15/2025
1,050 or 975 by 01/01/2025
20,500 or 19,300 by 01/01/2025
6,100 or 5,775 by 01/01/2025
|
As of 12/24/2024
Indus: 43,297 +390.08 +0.9%
Trans: 16,063 +127.24 +0.8%
Utils: 993 +4.93 +0.5%
Nasdaq: 20,031 +266.24 +1.3%
S&P 500: 6,040 +65.97 +1.1%
|
YTD
+14.9%
+1.0%
+12.7%
+33.4%
+26.6%
| |
44,200 or 41,750 by 01/01/2025
16,700 or 15,500 by 01/15/2025
1,050 or 975 by 01/01/2025
20,500 or 19,300 by 01/01/2025
6,100 or 5,775 by 01/01/2025
| ||
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Here's a symbol list of 117 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AJRD, AES, APD, AEE, AIG, AMN, ANIK, AON, ACGL, ARW, ASH, BCPC, BERY, BIO, BKH, BAH, BBW, CACI, CPB, CNC, CHS, CIEN, CLNE, CNA, CL, ED, GLW, CCRN, CSGS, ^DJU, D, DTE, DUK, EIX, WIRE, RE, EVH, EXC, EZPW, FLS, FWRD, GE, GILD, EVRG, HIG, HON, IDA, IEX, IDXX, ILMN, IBP, IVC, JAZZ, K, LXU, MTSI, MCHX, META, MCO, NTGR, NWL, NEE, OGE, ASGN, POR, PINC, PEG, RMBS, RLI, SAIA, SLB, SAIC, SO, SWX, SWN, SR, SXI, SUM, SRDX, TECH, TDOC, TPX, TMO, TKR, TRV, TZOO, VRTX, VC, WRB, WAT, XEL, ITB, IDU, ICF, EWK, EWM, DBA, PJP, PHO, XLP, GLD, XLB, XLU. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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You can find setups based on a Fibonacci retrace by clicking on the link.
The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.
In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.
For details about the chart patterns, click here.
-- Thomas Bulkowski
Symbol | Chart Pattern | Bullish Bearish | Start | End | Industry |
ACIW | Ugly double bottom | 06/16/2022 | 07/05/2022 | IT Services | |
APD | Pipe bottom | 07/11/2022 | 07/18/2022 | Chemical (Diversified) | |
AA | Pipe bottom | 07/05/2022 | 07/11/2022 | Aerospace/Defense | |
ALKS | Pipe top | 07/05/2022 | 07/11/2022 | Drug | |
AEP | Double Bottom, Adam and Adam | 07/14/2022 | 07/21/2022 | Electric Utility (Central) | |
AMWD | Ugly double bottom | 06/22/2022 | 06/30/2022 | Building Materials | |
AON | Ugly double bottom | 06/16/2022 | 07/14/2022 | Insurance (Diversified) | |
ATR | Head-and-shoulders bottom | 05/20/2022 | 07/18/2022 | Packaging and Container | |
ADM | Falling wedge | 06/23/2022 | 07/14/2022 | Food Processing | |
AIZ | Head-and-shoulders bottom | 06/16/2022 | 06/30/2022 | Insurance (Diversified) | |
ATO | Ugly double bottom | 06/17/2022 | 07/05/2022 | Natural Gas (Diversified) | |
AVY | Head-and-shoulders bottom | 05/24/2022 | 07/14/2022 | Packaging and Container | |
AVA | Pipe top | 06/27/2022 | 07/05/2022 | Electric Utility (West) | |
BCPC | Ugly double bottom | 06/21/2022 | 07/14/2022 | Chemical (Specialty) | |
BALL | Pipe bottom | 06/13/2022 | 06/21/2022 | Packaging and Container | |
BIO | Pipe bottom | 07/11/2022 | 07/18/2022 | Medical Supplies | |
BKH | Ugly double bottom | 06/17/2022 | 07/21/2022 | Electric Utility (West) | |
BRC | Double Bottom, Eve and Eve | 06/17/2022 | 07/12/2022 | Chemical (Diversified) | |
BG | Pipe bottom | 07/05/2022 | 07/11/2022 | Food Processing | |
CDNS | Ugly double bottom | 05/12/2022 | 06/16/2022 | Computer Software and Svcs | |
CX | Ugly double bottom | 06/17/2022 | 07/05/2022 | Cement and Aggregates | |
CNP | Ugly double bottom | 06/17/2022 | 07/14/2022 | Electric Utility (Central) | |
CF | Triple bottom | 06/23/2022 | 07/14/2022 | Chemical (Basic) | |
CSCO | Double Bottom, Adam and Adam | 07/05/2022 | 07/14/2022 | Computers and Peripherals | |
CLNE | Pipe bottom | 06/27/2022 | 07/05/2022 | Natural Gas (Distributor) | |
COP | Pipe bottom | 07/05/2022 | 07/11/2022 | Petroleum (Integrated) | |
DECK | Double Bottom, Adam and Adam | 06/16/2022 | 07/05/2022 | Shoe | |
DVN | Double Bottom, Adam and Adam | 07/06/2022 | 07/14/2022 | Natural Gas (Diversified) | |
^DJT | Ugly double bottom | 07/14/2022 | 07/27/2022 | None | |
EMR | Double Bottom, Adam and Adam | 06/23/2022 | 07/14/2022 | Computers and Peripherals | |
EPAM | Ugly double bottom | 06/16/2022 | 06/30/2022 | IT Services | |
EFX | Three Rising Valleys | 06/16/2022 | 07/13/2022 | Information Services | |
EL | Triangle, symmetrical | 06/08/2022 | 07/22/2022 | Toiletries/Cosmetics | |
FDS | Ugly double bottom | 06/17/2022 | 07/14/2022 | Information Services | |
FIS | Triple bottom | 06/16/2022 | 07/14/2022 | Computer Software and Svcs | |
FIVN | Ugly double bottom | 06/16/2022 | 07/13/2022 | Computer Software and Svcs | |
FDP | Double Top, Adam and Adam | 07/07/2022 | 07/18/2022 | Food Processing | |
FRD | Pipe bottom | 07/05/2022 | 07/11/2022 | Building Materials | |
GPN | Triple bottom | 06/16/2022 | 07/13/2022 | Computer Software and Svcs | |
GGG | Double Bottom, Adam and Adam | 06/16/2022 | 07/14/2022 | Machinery | |
GFF | Double Bottom, Eve and Eve | 06/22/2022 | 07/08/2022 | Building Materials | |
HP | Head-and-shoulders bottom | 07/06/2022 | 07/21/2022 | Petroleum (Producing) | |
HSIC | Double Bottom, Adam and Adam | 07/05/2022 | 07/14/2022 | Medical Supplies | |
HOLX | Diamond top | 06/23/2022 | 07/28/2022 | Medical Supplies | |
HUBG | Triple bottom | 06/21/2022 | 07/14/2022 | Trucking/Transp. Leasing | |
HURC | Double Bottom, Adam and Eve | 06/16/2022 | 07/08/2022 | Machinery | |
IDA | Ugly double bottom | 06/14/2022 | 07/05/2022 | Electric Utility (West) | |
IEX | Head-and-shoulders bottom | 05/19/2022 | 07/14/2022 | Machinery | |
NSP | Ugly double bottom | 06/16/2022 | 07/19/2022 | Human Resources | |
ITGR | Pipe bottom | 07/11/2022 | 07/18/2022 | Electronics | |
IPAR | Head-and-shoulders bottom | 05/24/2022 | 07/11/2022 | Toiletries/Cosmetics | |
INTU | Triangle, symmetrical | 05/04/2022 | 07/19/2022 | Computer Software and Svcs | |
NVTA | Horn top | 06/21/2022 | 07/05/2022 | Medical Services | |
KLAC | Pipe bottom | 06/27/2022 | 07/05/2022 | Semiconductor Cap Equip. | |
LH | Head-and-shoulders complex bottom | 04/28/2022 | 07/14/2022 | Medical Services | |
LANC | Ugly double bottom | 06/10/2022 | 07/11/2022 | Food Processing | |
LDOS | Ugly double bottom | 06/17/2022 | 07/14/2022 | IT Services | |
LXU | Triangle, symmetrical | 07/06/2022 | 07/25/2022 | Building Materials | |
MAS | Pipe bottom | 06/13/2022 | 06/21/2022 | Building Materials | |
MA | Three Rising Valleys | 06/17/2022 | 07/13/2022 | Financial Services | |
MDT | Double Bottom, Adam and Adam | 06/16/2022 | 07/14/2022 | Medical Supplies | |
MRK | Double Top, Adam and Adam | 06/27/2022 | 07/15/2022 | Drug | |
MLKN | Double Bottom, Adam and Eve | 06/16/2022 | 07/05/2022 | Furn/Home Furnishings | |
^IXIC | Three Rising Valleys | 06/16/2022 | 07/14/2022 | None | |
NEE | Three Rising Valleys | 05/12/2022 | 07/15/2022 | Electric Utility (East) | |
OGE | Ugly double bottom | 06/17/2022 | 07/08/2022 | Electric Utility (Central) | |
OTEX | Triple bottom | 06/16/2022 | 07/14/2022 | E-Commerce | |
PTEN | Pipe bottom | 07/05/2022 | 07/11/2022 | Oilfield Svcs/Equipment | |
PAYX | Triple bottom | 06/17/2022 | 07/14/2022 | IT Services | |
PLXS | Double Bottom, Adam and Adam | 06/16/2022 | 07/05/2022 | Electronics | |
PPG | Ugly double bottom | 06/17/2022 | 07/14/2022 | Chemical (Diversified) | |
PG | Head-and-shoulders bottom | 05/20/2022 | 07/21/2022 | Household Products | |
PEG | Double Bottom, Adam and Eve | 06/17/2022 | 07/21/2022 | Electric Utility (East) | |
KWR | Double Bottom, Eve and Adam | 06/16/2022 | 07/14/2022 | Chemical (Specialty) | |
ROK | Triple bottom | 05/19/2022 | 07/13/2022 | Diversified Co. | |
RES | Pipe bottom | 07/05/2022 | 07/11/2022 | Oilfield Svcs/Equipment | |
SLB | Head-and-shoulders bottom | 07/06/2022 | 07/21/2022 | Oilfield Svcs/Equipment | |
SCHW | Double Bottom, Eve and Adam | 06/13/2022 | 07/14/2022 | Securities Brokerage | |
SRE | Ugly double bottom | 06/17/2022 | 07/13/2022 | Electric Utility (West) | |
SO | Ugly double bottom | 06/17/2022 | 07/05/2022 | Electric Utility (East) | |
SR | Double Bottom, Adam and Adam | 07/14/2022 | 07/21/2022 | Natural Gas (Distributor) | |
SCS | Double Bottom, Adam and Adam | 07/05/2022 | 07/14/2022 | Furn/Home Furnishings | |
SSYS | Pipe bottom | 07/05/2022 | 07/11/2022 | Electronics | |
SNPS | Ugly double bottom | 05/12/2022 | 06/16/2022 | Computer Software and Svcs | |
TECH | Pipe bottom | 07/11/2022 | 07/18/2022 | Biotechnology | |
TDOC | Dead-cat bounce | 07/28/2022 | 07/28/2022 | Healthcare Information | |
TER | Pipe bottom | 06/27/2022 | 07/05/2022 | Semiconductor Cap Equip. | |
TMO | Pipe bottom | 07/11/2022 | 07/18/2022 | Precision Instrument | |
TG | Head-and-shoulders bottom | 06/22/2022 | 07/22/2022 | Chemical (Specialty) | |
TREX | Pipe bottom | 06/13/2022 | 06/21/2022 | Building Materials | |
SLCA | Double Bottom, Adam and Adam | 07/06/2022 | 07/14/2022 | Metals and Mining (Div.) | |
UGI | Double Bottom, Adam and Adam | 06/17/2022 | 07/05/2022 | Natural Gas (Distributor) | |
WAT | Pipe bottom | 07/11/2022 | 07/18/2022 | Precision Instrument | |
WERN | Double Bottom, Adam and Eve | 05/19/2022 | 06/17/2022 | Trucking/Transp. Leasing |
Since I post this the night before, check how the futures are trading before market open. Large moves can affect the opening direction.
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I show a picture of the Nasdaq composite on the 5-minute scale.
The chart shows a pattern called a measured move up. That's the ABCD climb.
What I like about the measured move is that there's a good chance (57%) price returns to the corrective phase (BC) or below. So I expect the index to drop to B and perhaps lower tomorrow.
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Here's a symbol list of 110 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, AXDX, APD, ALK, AMN, APH, ANIK, AON, ASH, AIZ, ADP, AVY, AXS, BALL, BSET, BIO, BKNG, BAH, CBT, CNP, CHS, CSCO, CL, CMCO, CAG, CSGS, ^DJU, DTE, EL, XOM, EZPW, GILD, HLIT, HSC, HIG, HAYN, HON, IDXX, IPI, LXU, MTSI, MANH, MCHX, MDT, META, MSFT, MLKN, MOS, MYGN, NTGR, ORI, PYPL, PCG, PLXS, DGX, RNG, RHI, ROK, RES, CRM, SHW, SCCO, LUV, SR, SRDX, TPR, TECH, TEVA, TXN, TMO, TRV, TZOO, UGI, VEEV, WAT, WDAY, ZBRA, FTEC, FDN, QTEC, QQQ, ICF, IGV, IHI, EWA, EWQ, EIS, EWJ, EWM, EPP, EWP, EWD, EWT, THD, EWU, QLD, PBE, PEJ, PHO, IXN, MXI, XLP, XLK, USO, VAW. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.
-- Thomas Bulkowski
© 2022 ThePatternSite.com Metric | Value | Diff | Close (within 10% of the high-low range for the day)? |
Monthly S2 | 10,415.47 | ||
Weekly S2 | 11,045.91 | 630.44 | |
Monthly S1 | 11,223.95 | 178.03 | |
Weekly S1 | 11,539.17 | 315.22 | |
Daily S2 | 11,580.83 | 41.66 | |
Monthly Pivot | 11,658.48 | 77.66 | |
Low | 11,718.38 | 59.90 | |
Open | 11,756.19 | 37.81 | |
Daily S1 | 11,806.62 | 50.43 | |
Weekly Pivot | 11,816.09 | 9.47 | Yes! The Weekly Pivot is close to the Daily S1. |
61.8% Down from Intraday High | 11,857.18 | 41.09 | |
50% Down from Intraday High | 11,900.05 | 42.88 | |
38.2% Down from Intraday High | 11,942.93 | 42.88 | |
Daily Pivot | 11,944.18 | 1.25 | Yes! The Daily Pivot is close to the 38.2% Down from Intraday High. |
Close | 12,032.42 | 88.24 | |
High | 12,081.73 | 49.31 | |
Daily R1 | 12,169.97 | 88.24 | |
Daily R2 | 12,307.53 | 137.55 | |
Weekly R1 | 12,309.35 | 1.82 | Yes! The Weekly R1 is close to the Daily R2. |
Monthly R1 | 12,466.96 | 157.61 | |
Weekly R2 | 12,586.27 | 119.32 | |
Monthly R2 | 12,901.49 | 315.22 |
This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.
Two weeks ago, the indicator turned bullish and it has remained bullish since.
Today's (Tuesday) drop has pulled the indicator down, but it's still in the bullish range. You can see the dip near the bottom of the chart in the thin blue indicator line.
The red line is the percentage of stocks at least 20% below their 1-year high (plotted upside down). The blue line is the average percentage drop of stocks below their 1-year high (plotted upside down).
On Tuesday, 64% of stocks in my database are in bear market territory (down at least 20% from their 1-year high).A week ago, it was 65%.The fewest was 19% on 07/29/2021.And the most was 79% on 06/17/2022.
The 453 stocks in my database are down an average of 28% from their yearly high.A week ago, the average was 28%.The peak was 12% on 08/11/2021.And the bottom was 33% on 06/16/2022.
Only the red line improved this week compared to a week ago. The blue line has remained steady.
Notice that the two bottoms, AB, where the low at B is above A. You can think of this pattern as a ugly double bottom. I think it's a sign of strength.
The two charts this week are bullish. Both charts show weakness today (the CPI chart) or within the last few days (this chart, red line shows a drop). So that suggests a retrace in an upward price trend. When the FED reports, I expect the markets to react, perhaps upward unless the FED raises rates a full point.
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Here's a symbol list of 84 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ACIW, APD, ATSG, AYX, AMWD, AMN, ADM, ADSK, ADP, AVA, AXS, BMI, BERY, BIG, BIO, BOOT, CACI, CDNS, CLS, CTSH, GLW, CSGS, DECK, DSGR, EBAY, EIX, WIRE, FFIV, FICO, FIS, GE, GILD, HIG, HSII, HELE, IEX, IDXX, IBP, NVTA, JAZZ, LHX, LOW, LXU, MHO, MNDT, MANH, MCHX, MU, NWL, NXGN, OUT, PETS, POR, PPL, RNG, SLB, SAIC, SEE, SCCO, SXI, TECH, TXN, TMO, TSCO, TG, WAT, WSO, XEL, ZBRA, FDN, FXI, BOTZ, ICF, EWK, ECH, EEM, EIS, PHO, USO. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
-- Thomas Bulkowski
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I show another slider trading quiz featuring Steelcase: SCS, stock, Andrew's pitchfork.
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Here's a symbol list of 113 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ADBE, AEIS, ALRM, ALB, ALKS, AMZN, APA, AAPL, ADSK, ADP, AZTA, BBY, BIG, BA, BOOT, BFH, BBW, BLDR, BG, CBT, CACI, CALM, CAL, CHKP, CTSH, CMCO, CMTL, CAG, COP, CLR, CSGS, CW, XRAY, DVN, DFS, BOOM, EBAY, WIRE, XOM, FAST, FIS, FISV, FWRD, FRD, GME, GILD, HBI, HAYN, HTLD, HL, HELE, HOV, IBP, NVTA, KFRC, LANC, L, LOW, LXU, MHO, M, MRO, MCHX, META, MU, MLKN, MOS, MUR, MYGN, NCR, NWL, NWPX, OMCL, PDCO, PTEN, POR, RGS, RGA, ROG, RES, SAIC, NOW, SWN, SSYS, SUM, TXN, SLCA, UPS, UNM, VRSN, WDAY, IYE, IEZ, ICF, IGE, IEO, EWO, EWZ, ECH, EWH, EWM, PXJ, IXC, ILF, XLE, XRT, USO. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.
-- Thomas Bulkowski
© 2022 ThePatternSite.com Metric | Value | Diff | Close (within 10% of the high-low range for the day)? |
Monthly S2 | 29,283.43 | ||
Weekly S2 | 30,494.47 | 1,211.04 | |
Monthly S1 | 30,636.74 | 142.26 | |
Weekly S1 | 31,242.26 | 605.52 | |
Monthly Pivot | 31,427.99 | 185.74 | |
Weekly Pivot | 31,730.75 | 302.76 | |
Daily S2 | 31,739.55 | 8.80 | Yes! The Daily S2 is close to the Weekly Pivot. |
Low | 31,821.67 | 82.12 | |
Daily S1 | 31,864.80 | 43.13 | |
61.8% Down from Intraday High | 31,900.88 | 36.08 | |
50% Down from Intraday High | 31,925.35 | 24.47 | |
Daily Pivot | 31,946.91 | 21.56 | |
38.2% Down from Intraday High | 31,949.82 | 2.90 | Yes! The 38.2% Down from Intraday High is close to the Daily Pivot. |
Open | 31,950.93 | 1.11 | Yes! The Open is close to the 38.2% Down from Intraday High. |
Close | 31,990.04 | 39.11 | |
High | 32,029.03 | 38.99 | |
Daily R1 | 32,072.16 | 43.13 | |
Daily R2 | 32,154.27 | 82.12 | |
Weekly R1 | 32,478.54 | 324.26 | |
Monthly R1 | 32,781.30 | 302.76 | |
Weekly R2 | 32,967.04 | 185.74 | |
Monthly R2 | 33,572.55 | 605.52 |
This chart is a study of failed chart patterns.
Let's start with triple bottom ABC. It confirms as a valid chart pattern when the index closes above red line D. But look at how far the index rises. It's not far enough to meet the measure rule target, which is the height of the triple bottom (from C to D added to D).
Double bottom EF confirms at G, but it has the same problem. The rise above G isn't what was expected. That knot to the right of G is a diamond top, by the way (I don't highlight it).
We see a three rising valleys at 123. It confirmed at 4, when the index closed above the top of the chart pattern. Will the index rise far enough to reach its target? I'm hoping the answer is yes, but we won't know until it gets there.
The following is a brief review of how the markets performed over time. The numbers refer to the close-to-close move in the Dow industrials.
No options expire this week.
The following is based on an SFO article in December 2004 by John Seekinger, titled, "Take a two-dimensional approach." He offers these tips.
Index | S2 | S1 | Pivot | R1 | R2 |
Dow Industrials (^DJI): Daily | 31,462 | 31,681 | 31,950 | 32,169 | 32,438 |
Weekly | 30,464 | 31,182 | 31,701 | 32,418 | 32,937 |
Monthly | 29,253 | 30,576 | 31,398 | 32,721 | 33,542 |
S&P500 (^GSPC): Daily | 3,897 | 3,930 | 3,971 | 4,003 | 4,045 |
Weekly | 3,737 | 3,849 | 3,931 | 4,043 | 4,125 |
Monthly | 3,599 | 3,780 | 3,896 | 4,078 | 4,194 |
Nasdaq (^IXIC): Daily | 11,572 | 11,703 | 11,898 | 12,029 | 12,224 |
Weekly | 10,980 | 11,407 | 11,750 | 12,177 | 12,520 |
Monthly | 10,349 | 11,092 | 11,592 | 12,335 | 12,835 |
Here are the formulas:
Earnings season is either underway or should be starting soon. The sessions could be more volatile.
Here's a symbol list of 160 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ABT, ADBE, AEIS, ALB, ALKS, AMZN, DOX, AXP, AFG, APA, AAPL, ADSK, ADP, AVY, AZTA, BCPC, BALL, BBBY, BERY, BBY, BIIB, BA, BKNG, BAH, BRC, BFH, BBW, BLDR, BG, CACI, CALM, CAL, CLS, CX, CHS, CLNE, CMTL, CAG, COP, CLR, XRAY, DVN, DRQ, BOOM, WIRE, EOG, XOM, FAST, FE, FWRD, FCX, FRD, GME, GILD, HSC, HAYN, HL, HP, HSIC, HOLX, HOV, IPI, IVC, NVTA, JKHY, KFRC, KBAL, LH, LNC, L, LOW, M, MRO, MCHX, MTRN, MLKN, MOS, MLI, MUR, MYGN, NFG, CNR, NWL, NEE, NKE, NWPX, OXY, OMCL, OTEX, PKE, PATK, PDCO, PTEN, PPG, PFG, DGX, RGS, RLI, RES, SCHW, NOW, SCCO, LUV, SWN, SSYS, TXN, TXT, TZOO, SLCA, UPS, VRSN, WWW, ITA, IYE, FXL, ICF, IGE, IEO, EWA, EWO, EWK, EWC, ECH, EWM, IBB, PPA, DBA, PBE, PEJ, PXJ, PJP, ROBO, IXC, XLE, XAR, UNG, USO. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
The below industries were the best (rank 1) or worst performing of those I follow.
|
-- Thomas Bulkowski
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Here's a symbol list of 143 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACIW, ALB, ALKS, ALL, AMZN, APA, AMAT, ARCB, AVY, AVNT, AVA, BBY, BIO, BMRN, BA, BOOT, BRC, BG, CALM, CX, CENX, CIEN, ED, CAG, CONN, COP, CLR, CRH, DHR, DVN, DSGR, ^DJU, DTE, BOOM, WIRE, EPAM, EXC, XOM, FLS, FRD, GME, GE, GILD, GPN, GL, EVRG, HSC, HAYN, HL, HELE, HP, DHI, HOV, IDXX, ITGR, IPAR, IPI, KBH, K, KMT, KLIC, LANC, LDOS, LEN, MHO, MRO, MCHX, MTRX, MDC, MGEE, MOS, MUR, MYGN, ^IXIC, NCR, NI, JWN, NWPX, NUS, NVDA, OTEX, PTEN, PG, PEG, PHM, RGS, RLI, RES, SLB, SMG, SCCO, SWX, SWN, SSYS, TER, TOL, TZOO, SLCA, UPS, VLO, WRB, XEL, ITA, IYE, IEZ, IHE, IDU, FDN, FXI, ICF, IYH, IGE, IEO, IHI, EWA, EWO, EWK, ECH, EWH, EWM, EPP, EWY, EWT, DBA, PXJ, PHO, ROBO, IEV, IXC, MXI, XLE, XAR, USO, MGK. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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You can find setups based on a Fibonacci retrace by clicking on the link.
The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.
In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.
For details about the chart patterns, click here.
-- Thomas Bulkowski
Symbol | Chart Pattern | Bullish Bearish | Start | End | Industry |
DDD | Triple bottom | 06/14/2022 | 07/14/2022 | Electronics | |
MMM | Double Bottom, Eve and Adam | 07/05/2022 | 07/14/2022 | Diversified Co. | |
ADTN | Double Bottom, Adam and Eve | 06/16/2022 | 07/05/2022 | Telecom. Equipment | |
AEIS | Ugly double bottom | 07/05/2022 | 07/14/2022 | Semiconductor | |
AJRD | Ugly double bottom | 06/21/2022 | 07/14/2022 | Diversified Co. | |
ATSG | Double Bottom, Adam and Eve | 07/06/2022 | 07/13/2022 | Air Transport | |
ALRM | Ugly double bottom | 05/12/2022 | 06/16/2022 | Computer Software and Svcs | |
ALK | Triple bottom | 06/16/2022 | 06/30/2022 | Air Transport | |
ALB | Pipe bottom | 07/05/2022 | 07/11/2022 | Chemical (Diversified) | |
AMED | Double Bottom, Adam and Eve | 06/21/2022 | 07/01/2022 | Medical Services | |
AXP | Double Bottom, Adam and Adam | 06/30/2022 | 07/14/2022 | Financial Services | |
APH | Double Bottom, Adam and Adam | 06/17/2022 | 07/05/2022 | Electronics | |
AMAT | Head-and-shoulders bottom | 06/17/2022 | 07/13/2022 | Semiconductor Cap Equip. | |
ARW | Double Bottom, Adam and Adam | 06/16/2022 | 07/05/2022 | Electronics | |
AGO | Head-and-shoulders bottom | 05/12/2022 | 07/14/2022 | Insurance (Life) | |
ADSK | Double Bottom, Eve and Adam | 06/16/2022 | 07/13/2022 | Computer Software and Svcs | |
AVY | Ugly double bottom | 06/16/2022 | 07/14/2022 | Packaging and Container | |
BMI | Ugly double bottom | 06/16/2022 | 07/14/2022 | Precision Instrument | |
BCPC | Scallop, ascending and inverted | 06/21/2022 | 07/14/2022 | Chemical (Specialty) | |
BERY | Head-and-shoulders bottom | 05/12/2022 | 07/14/2022 | Packaging and Container | |
BBY | Pipe bottom | 06/27/2022 | 07/05/2022 | Retail (Special Lines) | |
BBW | Pipe bottom | 07/05/2022 | 07/11/2022 | Retail (Special Lines) | |
BG | Double Bottom, Adam and Adam | 07/06/2022 | 07/14/2022 | Food Processing | |
CLS | Head-and-shoulders bottom | 06/17/2022 | 07/14/2022 | Electronics | |
CLNE | Head-and-shoulders bottom | 06/14/2022 | 07/15/2022 | Natural Gas (Distributor) | |
CGNX | Triple bottom | 06/16/2022 | 07/13/2022 | Precision Instrument | |
CMTL | Triple bottom | 06/16/2022 | 07/14/2022 | Telecom. Equipment | |
CONN | Double Bottom, Eve and Eve | 06/17/2022 | 07/05/2022 | Retail (Special Lines) | |
COP | Double Bottom, Adam and Adam | 07/06/2022 | 07/14/2022 | Petroleum (Integrated) | |
CLR | Pipe bottom | 07/05/2022 | 07/11/2022 | Petroleum (Producing) | |
GLW | Head-and-shoulders bottom | 06/16/2022 | 07/14/2022 | Telecom. Equipment | |
CRH | Head-and-shoulders bottom | 06/23/2022 | 07/14/2022 | Cement and Aggregates | |
CROX | Ugly double bottom | 07/01/2022 | 07/13/2022 | Shoe | |
CSGS | Ugly double bottom | 06/16/2022 | 07/13/2022 | IT Services | |
CTS | Horn bottom | 06/21/2022 | 07/05/2022 | Electronics | |
CMI | Head-and-shoulders bottom | 06/16/2022 | 07/05/2022 | Machinery | |
CW | Triple bottom | 06/17/2022 | 07/14/2022 | Machinery | |
DHR | Triangle, symmetrical | 05/12/2022 | 07/20/2022 | Precision Instrument | |
DECK | Pipe bottom | 06/27/2022 | 07/05/2022 | Shoe | |
DVN | Pipe bottom | 07/05/2022 | 07/11/2022 | Natural Gas (Diversified) | |
DOV | Double Bottom, Eve and Adam | 06/17/2022 | 07/14/2022 | Machinery | |
BOOM | Pipe bottom | 07/05/2022 | 07/11/2022 | Metal Fabricating | |
EMN | Double Bottom, Adam and Adam | 07/05/2022 | 07/14/2022 | Chemical (Diversified) | |
EBAY | Triple bottom | 06/16/2022 | 07/14/2022 | Internet | |
WIRE | Pipe bottom | 07/05/2022 | 07/11/2022 | Metals and Mining (Div.) | |
EQT | Head-and-shoulders bottom | 06/23/2022 | 07/12/2022 | Natural Gas (Diversified) | |
EXPD | Double Bottom, Eve and Adam | 06/17/2022 | 07/14/2022 | Air Transport | |
XOM | Pipe bottom | 07/05/2022 | 07/11/2022 | Petroleum (Integrated) | |
EZPW | Triangle, descending | 05/20/2022 | 07/20/2022 | Financial Services | |
FICO | Ugly double bottom | 05/09/2022 | 06/16/2022 | IT Services | |
FIS | Triple bottom | 06/16/2022 | 07/14/2022 | Computer Software and Svcs | |
FISV | Three Rising Valleys | 06/16/2022 | 07/14/2022 | IT Services | |
FLEX | Double Bottom, Adam and Adam | 07/05/2022 | 07/14/2022 | Electronics | |
FWRD | Double Bottom, Eve and Adam | 06/22/2022 | 07/14/2022 | Trucking/Transp. Leasing | |
IT | Ugly double bottom | 06/16/2022 | 07/14/2022 | IT Services | |
GE | Double Bottom, Adam and Adam | 07/05/2022 | 07/14/2022 | Diversified Co. | |
GL | Diamond top | 06/27/2022 | 07/20/2022 | Insurance (Life) | |
GS | Double Bottom, Eve and Adam | 06/13/2022 | 07/14/2022 | Securities Brokerage | |
HBI | Rising wedge | 06/16/2022 | 07/18/2022 | Apparel | |
HSC | Dead-cat bounce | 07/15/2022 | 07/15/2022 | Diversified Co. | |
HAYN | Pipe bottom | 07/05/2022 | 07/11/2022 | Building Materials | |
HL | Pipe bottom | 07/05/2022 | 07/11/2022 | Metals and Mining (Div.) | |
HON | Double Bottom, Adam and Adam | 07/05/2022 | 07/14/2022 | Aerospace/Defense | |
INFN | Ugly double bottom | 06/16/2022 | 07/05/2022 | Telecom. Equipment | |
IIIN | Ugly double bottom | 06/30/2022 | 07/14/2022 | Building Materials | |
INTC | Head-and-shoulders bottom | 06/17/2022 | 07/14/2022 | Semiconductor | |
IPAR | Pipe bottom | 06/13/2022 | 06/21/2022 | Toiletries/Cosmetics | |
IPG | Double Bottom, Eve and Adam | 06/16/2022 | 07/05/2022 | Advertising | |
ISRG | Ugly double bottom | 06/16/2022 | 06/30/2022 | Medical Supplies | |
NVTA | Triangle, symmetrical | 05/31/2022 | 07/18/2022 | Medical Services | |
KELYA | Ugly double bottom | 06/17/2022 | 07/13/2022 | Human Resources | |
KBAL | Triple bottom | 06/16/2022 | 07/14/2022 | Furn/Home Furnishings | |
KSS | Double Bottom, Adam and Adam | 07/07/2022 | 07/14/2022 | Retail Store | |
LZB | Double Bottom, Adam and Eve | 05/24/2022 | 06/16/2022 | Furn/Home Furnishings | |
LAMR | Triangle, symmetrical | 06/16/2022 | 07/14/2022 | Advertising | |
LEG | Double Bottom, Adam and Adam | 06/16/2022 | 06/30/2022 | Furn/Home Furnishings | |
RAMP | Double Bottom, Eve and Eve | 06/30/2022 | 07/14/2022 | Computer Software and Svcs | |
LOW | Double Bottom, Eve and Adam | 06/17/2022 | 06/30/2022 | Retail Building Supply | |
MRO | Double Bottom, Adam and Adam | 07/06/2022 | 07/14/2022 | Petroleum (Integrated) | |
MTRN | Double Bottom, Eve and Adam | 06/23/2022 | 07/05/2022 | Metals and Mining (Div.) | |
MTRX | Double Bottom, Adam and Adam | 07/06/2022 | 07/14/2022 | Oilfield Svcs/Equipment | |
META | Triple bottom | 06/23/2022 | 07/14/2022 | E-Commerce | |
MU | Pipe bottom | 06/27/2022 | 07/05/2022 | Semiconductor | |
MS | Double Bottom, Eve and Adam | 06/23/2022 | 07/14/2022 | Securities Brokerage | |
MOS | Pipe bottom | 07/05/2022 | 07/11/2022 | Chemical (Diversified) | |
MUR | Pipe bottom | 07/05/2022 | 07/11/2022 | Petroleum (Integrated) | |
NFG | Double Bottom, Adam and Adam | 07/05/2022 | 07/14/2022 | Natural Gas (Diversified) | |
NFLX | Triple bottom | 05/12/2022 | 07/13/2022 | Internet | |
NTAP | Head-and-shoulders bottom | 06/17/2022 | 07/13/2022 | Computers and Peripherals | |
NKE | Double Bottom, Adam and Adam | 07/01/2022 | 07/13/2022 | Shoe | |
NWPX | Pipe bottom | 07/05/2022 | 07/11/2022 | Building Materials | |
NVDA | Double Bottom, Adam and Adam | 07/05/2022 | 07/13/2022 | Semiconductor | |
OLN | Ugly double bottom | 07/05/2022 | 07/14/2022 | Chemical (Basic) | |
OMC | Triple bottom | 06/16/2022 | 07/05/2022 | Advertising | |
ASGN | Ugly double bottom | 06/17/2022 | 07/14/2022 | Human Resources | |
OMI | Double Bottom, Adam and Adam | 06/16/2022 | 07/14/2022 | Medical Supplies | |
PKE | Double Top, Eve and Eve | 06/06/2022 | 07/01/2022 | Chemical (Specialty) | |
PATK | Three Rising Valleys | 06/22/2022 | 07/14/2022 | Retail Building Supply | |
PYPL | Head-and-shoulders bottom | 06/17/2022 | 07/13/2022 | Financial Services | |
PCG | Triple bottom | 06/23/2022 | 07/14/2022 | Electric Utility (West) | |
POR | Double Bottom, Adam and Adam | 07/05/2022 | 07/14/2022 | Electric Utility (West) | |
RHI | Triple bottom | 06/23/2022 | 07/14/2022 | Human Resources | |
RCKY | Double Bottom, Adam and Eve | 06/17/2022 | 07/12/2022 | Shoe | |
ROST | Pipe bottom | 06/27/2022 | 07/05/2022 | Retail (Special Lines) | |
RES | Double Bottom, Adam and Adam | 07/06/2022 | 07/14/2022 | Oilfield Svcs/Equipment | |
SAIA | Ugly double bottom | 06/22/2022 | 07/14/2022 | Trucking/Transp. Leasing | |
SMG | Ugly double bottom | 06/22/2022 | 06/30/2022 | Chemical (Basic) | |
SHW | Double Bottom, Eve and Adam | 06/17/2022 | 06/30/2022 | Chemical (Basic) | |
SKX | Head-and-shoulders bottom | 06/16/2022 | 07/19/2022 | Shoe | |
SWN | Pipe bottom | 07/05/2022 | 07/11/2022 | Natural Gas (Diversified) | |
SUM | Head-and-shoulders bottom | 06/22/2022 | 07/14/2022 | Cement and Aggregates | |
TGT | Double Bottom, Adam and Adam | 06/17/2022 | 06/30/2022 | Retail Store | |
TPX | Double Bottom, Adam and Adam | 06/16/2022 | 06/30/2022 | Furn/Home Furnishings | |
TKR | Double Bottom, Adam and Eve | 06/23/2022 | 07/05/2022 | Metal Fabricating | |
TSCO | Ugly double bottom | 05/25/2022 | 06/17/2022 | Retail Building Supply | |
TREX | Ugly double bottom | 06/16/2022 | 06/30/2022 | Building Materials | |
SLCA | Pipe bottom | 07/05/2022 | 07/11/2022 | Metals and Mining (Div.) | |
VFC | Head-and-shoulders bottom | 06/16/2022 | 07/13/2022 | Apparel | |
VLO | Double Bottom, Adam and Adam | 07/06/2022 | 07/14/2022 | Petroleum (Integrated) | |
VMI | Double Bottom, Adam and Adam | 06/23/2022 | 07/14/2022 | Metal Fabricating | |
VMC | Head-and-shoulders bottom | 06/23/2022 | 07/14/2022 | Cement and Aggregates | |
WMT | Double Bottom, Adam and Eve | 05/20/2022 | 06/15/2022 | Retail Store | |
WEX | Triple bottom | 06/17/2022 | 07/14/2022 | Information Services | |
WMB | Double Bottom, Adam and Adam | 06/17/2022 | 07/06/2022 | Natural Gas (Distributor) | |
WSM | Pipe bottom | 05/16/2022 | 05/23/2022 | Retail (Special Lines) |
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I show a picture of Ethereum on the daily scale.
At A, the cryptocurrency moved horizontally and formed a pattern that isn't an descending triangle (too much white space, I think), but it's close.
At C, the horizontal base of the triangle might pose a problem for the currency to move higher.
At B, the currency formed a solid base, a rectangle bottom. After the upward breakout from the rectangle, the coin skyrocketed. It has yet to reach red line C, but it'll be interesting to see if the coin turns down there (anywhere between A and C is a resistance area).
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Here's a symbol list of 136 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AXDX, ADBE, ALRM, ALB, ALKS, AMZN, AEE, ANIK, APA, ASH, ATO, ADSK, AVA, BMI, BKH, BA, BRC, BG, CTXS, CL, CMTL, ED, CAG, CONN, COP, CLR, DVN, DFS, ^DJU, DRQ, DTE, BOOM, EIX, WIRE, EFX, XOM, FICO, FRD, GME, GD, GIS, GNW, GILD, EVRG, HAYN, HL, HP, DHI, INTU, JAZZ, K, LANC, LLY, MNDT, MRO, MCHX, MRK, META, MGEE, MOS, MUR, MYGN, ^IXIC, CNR, NI, NWPX, OXY, OGE, OTEX, OMI, PKE, PTEN, PFE, PEG, RGS, RNG, ROG, RES, CRM, SLB, SWX, SWN, SR, SSYS, TECH, TOL, TSCO, TZOO, SLCA, UPS, VLO, VEEV, XEL, IYC, IYE, IEZ, IHE, IDU, FTEC, FDN, FXL, BOTZ, QQQ, IGV, IGE, IEO, EWO, ECH, EIS, EWJ, EWS, TUR, QLD, PXJ, ROBO, IXC, IXN, XLP, XLE, GLD, XLK, USO, MGK. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.
-- Thomas Bulkowski
© 2022 ThePatternSite.com Metric | Value | Diff | Close (within 10% of the high-low range for the day)? |
Monthly S2 | 10,259.60 | ||
Weekly S2 | 10,946.39 | 686.79 | |
Monthly S1 | 11,078.63 | 132.24 | |
Monthly Pivot | 11,384.16 | 305.54 | |
Weekly S1 | 11,422.02 | 37.86 | |
Weekly Pivot | 11,481.56 | 59.54 | |
Daily S2 | 11,610.39 | 128.83 | |
Low | 11,703.36 | 92.97 | |
Open | 11,726.09 | 22.73 | Yes! The Open is close to the Low. |
Daily S1 | 11,754.02 | 27.93 | |
61.8% Down from Intraday High | 11,793.74 | 39.72 | |
50% Down from Intraday High | 11,821.66 | 27.92 | |
Daily Pivot | 11,846.99 | 25.33 | |
38.2% Down from Intraday High | 11,849.58 | 2.59 | Yes! The 38.2% Down from Intraday High is close to the Daily Pivot. |
Close | 11,897.65 | 48.07 | |
High | 11,939.96 | 42.31 | |
Weekly R1 | 11,957.19 | 17.23 | Yes! The Weekly R1 is close to the High. |
Daily R1 | 11,990.62 | 33.43 | |
Weekly R2 | 12,016.73 | 26.11 | |
Daily R2 | 12,083.59 | 66.86 | |
Monthly R1 | 12,203.19 | 119.60 | |
Monthly R2 | 12,508.72 | 305.54 |
This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.
The big move upward on Tuesday (today) forced the indicator from neutral into a bullish stance. The chart shows this by the vertical green bar on the far right of the chart.
The new signal is good news for bulls. Today's move higher is reported to be a reaction to good earnings, so maybe this move has momentum with better earnings expected by other companies.
The red line is the percentage of stocks at least 20% below their 1-year high (plotted upside down). The blue line is the average percentage drop of stocks below their 1-year high (plotted upside down).
On Tuesday, 65% of stocks in my database are in bear market territory (down at least 20% from their 1-year high).A week ago, it was 70%.The fewest was 19% on 07/29/2021.And the most was 79% on 06/17/2022.
The 454 stocks in my database are down an average of 28% from their yearly high.A week ago, the average was 30%.The peak was 12% on 08/11/2021.And the bottom was 33% on 06/16/2022.
Both the red and blue lines are higher than they were a week ago.
The chart of the red line shows a higher low. You can call it an ugly double bottom where the second bottom is above the first.
Both charts are bullish this week, which suggests the upward move has staying power. Yes, we could see a retrace, especially if a popular company falls short of earnings expectations. However, this might be a good time to bottom fish for securities you've wanted to own.
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Here's a symbol list of 179 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AES, APD, ATSG, ALRM, ALB, AA, ALKS, AYX, AMZN, AEE, AFG, ABC, APH, APA, ATR, ADP, AVA, BMI, BSET, BECN, BBY, BKH, BA, BMY, BG, CRL, CHKP, CMTL, ED, CAG, CONN, COP, CLR, CRH, CTS, CMI, CW, DECK, XRAY, DVN, DFS, DRQ, BOOM, EXP, WIRE, EOG, EFX, XOM, EZPW, FWRD, FRD, GME, GPS, GIS, GNW, GL, GOOGL, GFF, HLIT, HIG, HAYN, HTLD, HL, HSII, HP, HSIC, HURC, IIIN, IPG, IVC, NVTA, KMT, KFRC, KLAC, MNDT, MRO, MCHX, MRTN, MDT, MU, MSFT, MLKN, MOS, MLI, MUR, CNR, NCR, NTGR, NEE, NKE, NWPX, OLN, OTEX, OXM, PKG, PKE, PTEN, PAYX, PETS, PNW, PPG, PEG, RGS, ROG, ROST, RES, SLB, SEE, SLGN, SKX, SCCO, SWN, SXI, SCS, SSYS, SUM, SRDX, TECH, TPX, TER, TKR, TSCO, TRV, SLCA, UPS, VLO, WSM, WWW, IYK, IYE, IEZ, FTEC, QQQ, SOXX, IGE, IEO, IHI, EWO, EWK, ECH, EWQ, EWG, EWI, EWY, EWP, EWD, EWL, TUR, EWU, QLD, PXJ, IEV, IXC, IXN, SSO, XLE, XLK, XLU, UNG, USO, MGK. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
-- Thomas Bulkowski
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I show another slider trading quiz featuring Stancorp Financial: SFG stock.
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Here's a symbol list of 208 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, AXDX, ADBE, ADTN, AES, ALRM, ALKS, AEE, AEO, ABC, APH, ANIK, AAPL, ARCB, AWI, ARW, AGO, ADP, AVY, AVNT, AVA, BMI, BCPC, BAX, BBY, BIIB, BKH, BA, BMY, CDNS, CALM, CRL, CHKP, CVX, CHS, CIEN, CTSH, ED, CONN, COP, CLR, COST, CSGS, CTS, DECK, XRAY, DFS, DOV, EFX, EQT, EVH, FIS, FLEX, FLS, FORM, FTNT, FWRD, FDP, GME, GPS, IT, GNW, GILD, GPN, GL, GS, GFF, GES, HLIT, HIG, HOLX, HON, HURC, INCY, INFN, ISRG, NVTA, JAZZ, K, KLAC, LH, LRCX, LANC, MTSI, MCHX, MRTN, MDT, MU, MSFT, MLKN, MUR, ^IXIC, NTGR, NJR, NXGN, NVDA, OLN, OMC, OMI, PTEN, PAYX, PRFT, PETS, PFE, PNW, PLXS, PGR, KWR, QCOM, RMBS, RGS, ROST, SCHW, SIGI, SMTC, NOW, LUV, SR, SRDX, TECH, TDOC, TPX, TER, TSCO, TZOO, VLO, VMI, VEEV, VRSN, VRTX, V, WSO, WSM, WOLF, WDAY, IYM, IHE, DDM, FTEC, QQQ, ICF, IYH, IHF, IYZ, SOXX, IGE, IEO, IHI, EWO, EWK, EWZ, ECH, EWQ, EWG, EIS, EWI, EWJ, EWY, THD, TUR, EWU, QLD, IBB, PBE, PHO, IEV, IXC, IXN, SSO, MXI, XLE, XLV, XLI, SPY, XAR, XLK, UNG, VHT, VIS, MGK. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.
-- Thomas Bulkowski
© 2022 ThePatternSite.com Metric | Value | Diff | Close (within 10% of the high-low range for the day)? |
Monthly S2 | 28,638.53 | ||
Weekly S2 | 29,637.74 | 999.21 | |
Monthly S1 | 29,855.57 | 217.83 | |
Weekly S1 | 30,355.18 | 499.61 | |
Daily S2 | 30,571.71 | 216.54 | |
Daily S1 | 30,822.16 | 250.45 | |
Weekly Pivot | 30,861.36 | 39.20 | Yes! The Weekly Pivot is close to the Daily S1. |
Monthly Pivot | 30,870.33 | 8.97 | Yes! The Monthly Pivot is close to the Weekly Pivot. |
Low | 30,982.97 | 112.64 | |
Close | 31,072.61 | 89.64 | |
Daily Pivot | 31,233.42 | 160.81 | |
61.8% Down from Intraday High | 31,235.74 | 2.32 | Yes! The 61.8% Down from Intraday High is close to the Daily Pivot. |
50% Down from Intraday High | 31,313.82 | 78.08 | |
38.2% Down from Intraday High | 31,391.91 | 78.08 | |
Open | 31,475.98 | 84.07 | |
Daily R1 | 31,483.87 | 7.89 | Yes! The Daily R1 is close to the Open. |
Weekly R1 | 31,578.80 | 94.93 | |
High | 31,644.68 | 65.88 | Yes! The High is close to the Weekly R1. |
Daily R2 | 31,895.13 | 250.45 | |
Weekly R2 | 32,084.98 | 189.85 | |
Monthly R1 | 32,087.37 | 2.39 | Yes! The Monthly R1 is close to the Weekly R2. |
Monthly R2 | 33,102.13 | 1,014.76 |
I show the Dow industrials on the daily chart.
The two bottoms at AB remind me of an ugly double bottom. That's a twin-bottom pattern where the second bottom is well above the first bottom.
For indices, I don't set a percentage rise (which is usually 5%) between the two bottoms. That's because you don't see a larger percentage move on the indices (usually, but that's changed recently).
Anyway, the two bottoms are uneven.
The pattern won't become valid until the index closes above the red line at C. So we've a bit to go before we can call the turn from down to up.
If we see the index reach C, there's overhead resistance at D setup by the breakaway gap at D. That might slow the upward move.
It's something to be aware of in the coming days.
The following is a brief review of how the markets performed over time. The numbers refer to the close-to-close move in the Dow industrials.
No options expire this week.
The following is based on an SFO article in December 2004 by John Seekinger, titled, "Take a two-dimensional approach." He offers these tips.
Index | S2 | S1 | Pivot | R1 | R2 |
Dow Industrials (^DJI): Daily | 30,604 | 30,946 | 31,117 | 31,459 | 31,630 |
Weekly | 29,710 | 30,499 | 30,933 | 31,723 | 32,157 |
Monthly | 28,710 | 29,999 | 30,942 | 32,231 | 33,174 |
S&P500 (^GSPC): Daily | 3,802 | 3,832 | 3,848 | 3,879 | 3,894 |
Weekly | 3,663 | 3,763 | 3,822 | 3,922 | 3,981 |
Monthly | 3,506 | 3,685 | 3,815 | 3,994 | 4,124 |
Nasdaq (^IXIC): Daily | 11,241 | 11,347 | 11,401 | 11,506 | 11,560 |
Weekly | 10,798 | 11,125 | 11,333 | 11,660 | 11,868 |
Monthly | 10,111 | 10,782 | 11,236 | 11,906 | 12,360 |
Here are the formulas:
Earnings season is either underway or should be starting soon. The sessions could be more volatile.
Here's a symbol list of 99 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AES, APD, ALRM, ALL, AEE, AIG, ANIK, AAPL, AWI, AIZ, AVA, BALL, BBY, BKH, BA, CACI, CALM, CX, CNC, CF, CINF, CNA, CMCO, CMTL, ED, CONN, COST, CTS, DECK, DFS, RE, EZPW, FTNT, GNW, GS, GPRO, GFF, THG, HSC, HIG, HTLD, HELE, HD, NVTA, JNJ, K, KFRC, KLAC, LMT, LOW, LXU, MRTN, MTRN, MRK, META, MGEE, MU, MLKN, CNR, NEE, NUS, PANW, PDCO, PETS, PNW, PFG, PGR, PEG, QCOM, RNG, RLI, RCKY, ROG, ROST, SRDX, TER, TJX, TRV, UGI, VRSN, V, WRB, WSM, FXI, SOXX, EWH, TUR, IXN, UNG. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
The below industries were the best (rank 1) or worst performing of those I follow.
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-- Thomas Bulkowski
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Here's a symbol list of 187 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACN, ADTN, AMD, AFL, APD, ATSG, ALRM, AA, ALL, AEE, ACGL, ADM, AGO, ATO, AVY, AVA, AXS, BERY, BBY, BIO, BKH, BMY, BG, CX, CNP, CF, CVX, CINF, CNA, CNO, ED, CONN, COP, COST, CCRN, CTS, DECK, XRAY, ^DJU, D, DRQ, DTE, EOG, RE, EXC, FFIV, FDX, FE, FRD, IT, GD, GOOGL, EVRG, GFF, THG, HIG, HELE, HP, HURC, ITW, ITGR, IVC, NVTA, KBAL, KLAC, KSS, KLIC, LHX, LMT, L, LXU, MANH, MTRX, MGEE, MU, MLKN, MUR, NBR, NOV, NCR, NOC, NWPX, OUT, OXM, PKE, PTEN, PETS, PNW, POR, PFG, PGR, PRU, PEG, QCOM, RMBS, RJF, RNG, RLI, RHI, ROG, ROST, RES, CRM, SLB, SEIC, SO, SCCO, SR, SUM, TER, TEVA, RIG, TRV, SLCA, UNM, VLO, WRB, WU, WLK, WSM, XEL, IYM, IYE, IEZ, IHF, IAT, IGV, SOXX, SLV, IGE, IEO, IYF, EWK, EWZ, EWC, EWG, EWI, EWS, EZA, EWY, EWP, EWL, EWT, THD, EWU, PPA, DBA, PXJ, IEV, IXC, ILF, MXI, XLE, XLF, GLD, XLV, XLB, XAR, UNG, VAW. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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You can find setups based on a Fibonacci retrace by clicking on the link.
The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.
In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.
For details about the chart patterns, click here.
-- Thomas Bulkowski
Symbol | Chart Pattern | Bullish Bearish | Start | End | Industry |
ACN | Pipe top | 06/21/2022 | 06/27/2022 | IT Services | |
APD | Pipe top | 06/21/2022 | 06/27/2022 | Chemical (Diversified) | |
ABC | Pipe top | 06/21/2022 | 06/27/2022 | Biotechnology | |
AWI | Double Bottom, Eve and Adam | 06/22/2022 | 06/30/2022 | Building Materials | |
BIO | Pipe bottom | 06/13/2022 | 06/21/2022 | Medical Supplies | |
CALM | Ugly double bottom | 06/10/2022 | 07/06/2022 | Food Processing | |
CPB | Ugly double bottom | 06/16/2022 | 07/05/2022 | Food Processing | |
CNC | Ugly double bottom | 06/14/2022 | 07/05/2022 | Medical Services | |
CRL | Pipe bottom | 06/21/2022 | 06/21/2022 | Biotechnology | |
CIEN | Ugly double bottom | 06/16/2022 | 07/05/2022 | Telecom. Equipment | |
COST | Pipe bottom | 05/16/2022 | 05/23/2022 | Retail Store | |
^DJU | Diamond top | 06/28/2022 | 07/07/2022 | None | |
^DJT | Diamond bottom | 06/13/2022 | 07/11/2022 | None | |
RE | Double Top, Adam and Adam | 06/28/2022 | 07/07/2022 | Insurance (Prop/Casualty) | |
FDX | Pipe top | 06/21/2022 | 06/27/2022 | Air Transport | |
GGG | Double Top, Eve and Adam | 06/27/2022 | 07/07/2022 | Machinery | |
IDXX | Ugly double bottom | 06/16/2022 | 06/30/2022 | Drug | |
IBP | Pipe bottom | 06/13/2022 | 06/21/2022 | Retail Building Supply | |
IBKR | Triangle, descending | 05/18/2022 | 07/12/2022 | Securities Brokerage | |
K | Triple bottom | 05/20/2022 | 06/17/2022 | Food Processing | |
KELYA | Triangle, symmetrical | 06/28/2022 | 07/14/2022 | Human Resources | |
LZB | Ugly double bottom | 06/16/2022 | 06/30/2022 | Furn/Home Furnishings | |
MYGN | Ugly double bottom | 06/16/2022 | 06/30/2022 | Biotechnology | |
NEU | Diamond top | 06/27/2022 | 07/14/2022 | Chemical (Specialty) | |
PKE | Double Top, Adam and Eve | 06/06/2022 | 07/01/2022 | Chemical (Specialty) | |
PNW | Pipe top | 06/27/2022 | 07/05/2022 | Electric Utility (West) | |
PPL | Diamond top | 06/27/2022 | 07/12/2022 | Electric Utility (East) | |
QCOM | Pipe bottom | 06/13/2022 | 06/21/2022 | Telecom. Equipment | |
RNG | Double Top, Adam and Eve | 06/27/2022 | 07/05/2022 | Computer Software and Svcs | |
NOW | Double Top, Adam and Adam | 06/27/2022 | 07/06/2022 | IT Services | |
LUV | Double Bottom, Eve and Eve | 06/17/2022 | 06/30/2022 | Air Transport | |
SRDX | Double Top, Adam and Adam | 06/27/2022 | 07/06/2022 | Medical Supplies |
Since I post this the night before, check how the futures are trading before market open. Large moves can affect the opening direction.
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I show a picture of the Nasdaq composite on the 5-minute scale.
The index broke through (heading down) a trendline (shown in red), at A. I show the depth of that plunge with the vertical green line.
After such plunges which pierce a trendline, the measure rule for trendlines suggests that if the security pierces the red trendline moving up, then you'll see a climb in height similar to the depth of the plunge. In other words, the height of the two green lines will be similar.
If that happens, it means the index should rise to B, the price of the top of the green line. However, that might not happen because the index has moved sideways for several hours today. That suggests overhead resistance which it will have to burn through before it makes the move. Perhaps we'll see the jump up at the market open on Thursday.
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Here's a symbol list of 128 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AXDX, AEIS, APD, ATSG, AKAM, AEE, AEO, AEL, AXP, ATR, ACGL, ASH, ADSK, AVA, AXS, BBY, BKH, CALM, CE, CF, CRL, CHD, CIEN, CNA, CNO, CMCO, ED, CAG, CONN, CCRN, CSGS, CTS, DECK, DOV, DRQ, FFIV, FAST, FDX, FORM, FTNT, FWRD, FCX, IT, GD, GNW, GPN, GFF, HLIT, HTLD, HL, HSII, HOLX, ITW, ILMN, ITGR, IVC, NVTA, JBLU, KALU, KMT, KLAC, LOW, MCHX, MU, MLKN, NOV, NFLX, NTAP, NEE, NXGN, NKE, NWPX, OTEX, OUT, PKG, PRFT, PETS, PNW, PFG, PEG, KWR, QCOM, RMBS, RNG, ROG, ROST, SCHW, SEE, SEIC, SMTC, SUM, SNPS, TPX, TER, UPS, VFC, WMT, WU, WLK, WMB, WSM, ZBRA, QQQ, IHF, IAT, SOXX, IYF, EWQ, EWI, EWM, EZA, ROBO, XLF, XLI, XRT, UNG, SMH, VIS. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.
-- Thomas Bulkowski
© 2022 ThePatternSite.com Metric | Value | Diff | Close (within 10% of the high-low range for the day)? |
Monthly S2 | 9,672.45 | ||
Monthly S1 | 10,460.01 | 787.57 | |
Weekly S2 | 10,504.66 | 44.65 | |
Weekly S1 | 10,876.12 | 371.46 | |
Daily S2 | 10,907.11 | 30.99 | |
Low | 11,031.27 | 124.16 | |
Open | 11,056.55 | 25.28 | Yes! The Open is close to the Low. |
Daily S1 | 11,077.34 | 20.79 | Yes! The Daily S1 is close to the Open. |
61.8% Down from Intraday High | 11,143.73 | 66.39 | |
50% Down from Intraday High | 11,178.47 | 34.74 | |
Daily Pivot | 11,201.51 | 23.04 | Yes! The Daily Pivot is close to the 50% Down from Intraday High. |
38.2% Down from Intraday High | 11,213.21 | 11.70 | Yes! The 38.2% Down from Intraday High is close to the Daily Pivot. |
Close | 11,247.58 | 34.37 | |
Weekly Pivot | 11,282.91 | 35.33 | |
High | 11,325.67 | 42.76 | |
Monthly Pivot | 11,352.71 | 27.04 | Yes! The Monthly Pivot is close to the High. |
Daily R1 | 11,371.74 | 19.04 | Yes! The Daily R1 is close to the Monthly Pivot. |
Daily R2 | 11,495.91 | 124.16 | |
Weekly R1 | 11,654.37 | 158.46 | |
Weekly R2 | 12,061.16 | 406.79 | |
Monthly R1 | 12,140.27 | 79.11 | |
Monthly R2 | 13,032.97 | 892.69 |
This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.
The indicator is in the neutral zone, but the last signal was bullish. You can see those changes by the white bars and the preceding green bar.
The longer-term trend, however, is downward. I show an accelerating drop with blue lines (segments). It appears that the index has bounced off the blue line and has turned down. Of course, anything can happen, but it suggests the index is still under pressure to drop.
The red line is the percentage of stocks at least 20% below their 1-year high (plotted upside down). The blue line is the average percentage drop of stocks below their 1-year high (plotted upside down).
On Tuesday, 70% of stocks in my database are in bear market territory (down at least 20% from their 1-year high).A week ago, it was 71%.The fewest was 17% on 07/13/2021.And the most was 79% on 06/17/2022.
The 454 stocks in my database are down an average of 30% from their yearly high.A week ago, the average was 30%.The peak was 12% on 08/11/2021.And the bottom was 33% on 06/16/2022.
The landscape on this chart didn't change much over the past week. The red line is slightly more bearish but the blue line is unchanged (when compared to a week ago).
The red line bounced off the June low and climbed, but it might reverse and form the second bottom of a potential double bottom.
The prior chart is bullish but suggesting the index will drop. This chart is recovering but I expect a downturn. This is a time for caution if you're bullish. We might see the index slump for a week or so before recovering.
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Here's a symbol list of 129 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AMD, AFL, APD, AEE, AMGN, ANIK, APA, AVA, BAX, BECN, BERY, BBY, BKH, BRC, BBW, BLDR, CF, CVX, CGNX, ED, CONN, COP, CCRN, CTS, DHR, DECK, DRQ, WIRE, EOG, EPAM, FICO, FAST, FE, FLS, FTNT, FCX, FDP, GD, EVRG, GFF, HBI, HQY, HSII, HELE, HOLX, HD, ILMN, ITGR, IVC, NVTA, JKHY, KLAC, LANC, LEG, LMT, MCHX, MRTN, META, MGEE, MU, MLKN, MYGN, NOV, NTAP, NKE, NI, NWPX, OXY, OGE, PTEN, PAYX, PRFT, PETS, PNW, PGR, PEG, KWR, RMBS, RNG, ROST, NOW, SHW, SXI, SUM, SNPS, TFX, TPX, TER, TJX, RIG, UGI, VFC, VC, WLK, WSM, XEL, IYE, IEZ, FXI, SOXX, IGE, IHI, ECH, EWH, EWI, EZA, EWP, THD, PXJ, PHO, ROBO, IXC, XLE, XHB, XRT, UNG, USO, SMH. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
-- Thomas Bulkowski
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I show another slider trading quiz featuring Southern Peru Copper (version 2): PCU stock.
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Here's a symbol list of 94 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACN, AYI, APD, AA, AEP, ABC, AMGN, ADM, AWI, AIZ, ADSK, BSET, BERY, BBY, BIG, BRC, BG, CF, CTXS, CTSH, CMCO, CAG, COST, CCRN, CMI, ^DJU, DTE, RE, EZPW, FLS, FORM, FCX, IT, GL, HIG, HQY, HSII, HELE, IDA, ITGR, IBKR, NVTA, JKHY, JBLU, JNJ, KELYA, KBAL, LANC, LNC, RAMP, M, MLM, MAS, NEE, OXY, OUT, OMI, PATK, PLXS, POR, RCKY, CRM, SO, LUV, SUM, TEVA, TSCO, RIG, UGI, UNM, VRTX, VMC, WSO, WMB, IYM, IYC, IDU, FDN, IYZ, EEM, EIS, EWS, THD, TUR, MXI, XLP, XLU, UNG. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.
-- Thomas Bulkowski
© 2022 ThePatternSite.com Metric | Value | Diff | Close (within 10% of the high-low range for the day)? |
Monthly S2 | 27,772.09 | ||
Monthly S1 | 29,472.96 | 1,700.88 | |
Weekly S2 | 29,857.13 | 384.17 | |
Weekly S1 | 30,515.49 | 658.35 | |
Daily S2 | 30,965.45 | 449.96 | |
Weekly Pivot | 31,013.47 | 48.03 | |
Daily S1 | 31,069.64 | 56.17 | |
Low | 31,114.40 | 44.76 | |
Close | 31,173.84 | 59.44 | |
61.8% Down from Intraday High | 31,211.10 | 37.26 | |
Daily Pivot | 31,218.60 | 7.49 | Yes! The Daily Pivot is close to the 61.8% Down from Intraday High. |
50% Down from Intraday High | 31,240.97 | 22.38 | Yes! The 50% Down from Intraday High is close to the Daily Pivot. |
38.2% Down from Intraday High | 31,270.85 | 29.87 | |
Open | 31,277.98 | 7.13 | Yes! The Open is close to the 38.2% Down from Intraday High. |
Daily R1 | 31,322.79 | 44.81 | |
Monthly Pivot | 31,354.17 | 31.37 | |
High | 31,367.55 | 13.38 | Yes! The High is close to the Monthly Pivot. |
Daily R2 | 31,471.75 | 104.20 | |
Weekly R1 | 31,671.83 | 200.08 | |
Weekly R2 | 32,169.81 | 497.99 | |
Monthly R1 | 33,055.04 | 885.23 | |
Monthly R2 | 34,936.25 | 1,881.20 |
I show the Dow transports on the daily scale.
From the left, I highlight a head-and-shoulders bottom chart pattern. LS is the left shoulder and RS is the right one. The breakout happens at A with a strong push upward. The rise doesn't quite meet the target (which is the height from the low at the head to the red neckline directly above, added to the breakout price.
BC is a double top, confirmed when the index closes below line D. Price exceeded the target this time (pattern's height subtracted from the breakout price).
Now, we see a weird looking diamond bottom, but most diamonds are weird looking. In fact, the right side might see price continue higher which would probably invalidate this diamond (because of not enough trendline touches).
The breakout from a diamond is upward 74% of the time, so maybe we'll see price rise in the coming days.
The following is a brief review of how the markets performed over time. The numbers refer to the close-to-close move in the Dow industrials.
Many options expire this week, so traders will be looking to close out their positions, and that suggests increased volatility (large daily price swings).
The following is based on an SFO article in December 2004 by John Seekinger, titled, "Take a two-dimensional approach." He offers these tips.
Index | S2 | S1 | Pivot | R1 | R2 |
Dow Industrials (^DJI): Daily | 31,055 | 31,197 | 31,354 | 31,496 | 31,653 |
Weekly | 29,912 | 30,625 | 31,068 | 31,781 | 32,225 |
Monthly | 27,827 | 29,583 | 31,409 | 33,165 | 34,991 |
S&P500 (^GSPC): Daily | 3,847 | 3,873 | 3,896 | 3,922 | 3,945 |
Weekly | 3,677 | 3,788 | 3,853 | 3,965 | 4,030 |
Monthly | 3,370 | 3,635 | 3,902 | 4,166 | 4,434 |
Nasdaq (^IXIC): Daily | 11,392 | 11,513 | 11,602 | 11,723 | 11,812 |
Weekly | 10,634 | 11,135 | 11,412 | 11,913 | 12,190 |
Monthly | 9,802 | 10,719 | 11,482 | 12,399 | 13,162 |
Here are the formulas:
Earnings season will be starting in about 5 days.
Here's a symbol list of 76 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACN, APD, ALKS, AEE, ABC, AMN, ADM, AWI, ADSK, AXS, BERY, BRC, BG, CNC, CF, CNA, CL, CMCO, ED, COST, CRH, CMI, EIX, RE, EXPD, EZPW, FISV, FORM, GS, GGG, GFF, HLIT, HIG, HE, HURC, IBKR, JBLU, KBH, KBAL, KMB, LANC, LNC, RAMP, MNDT, MLM, MGEE, MU, NI, JWN, NWPX, NUS, OXY, OGE, PKG, PKE, PNW, RGS, RCKY, CRM, SLGN, TSCO, RIG, TG, VRTX, VMC, WRB, IYM, EWO, XLP. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
The below industries were the best (rank 1) or worst performing of those I follow.
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-- Thomas Bulkowski
$ $ $
Here's a symbol list of 77 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, ACN, ALRM, AYX, AEE, ABC, AMGN, ARCB, ADSK, AXS, BSET, BBBY, CACI, CENX, CLF, ED, CROX, DHR, BOOM, FISV, FIVN, FLS, FORM, GME, GL, HE, HD, NSP, ISRG, NVTA, JAZZ, LANC, LEG, RAMP, MNDT, MGEE, MLI, NI, NUS, OGE, OMCL, ASGN, OUT, PKE, PYPL, PFE, PCG, PNW, PGR, ROG, CRM, SCCO, SR, SXI, TECH, TDOC, SLCA, UPS, VEEV, VRTX, VC, VMC, WRB, WDAY, XEL, IYM, QTEC, FXL, EWM, EWD, XLP, UNG. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
$ $ $
You can find setups based on a Fibonacci retrace by clicking on the link.
The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.
In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.
For details about the chart patterns, click here.
-- Thomas Bulkowski
Symbol | Chart Pattern | Bullish Bearish | Start | End | Industry |
ABT | Pipe bottom | 06/13/2022 | 06/21/2022 | Medical Supplies | |
ADBE | Ugly double bottom | 06/17/2022 | 06/30/2022 | Computer Software and Svcs | |
AJRD | Pipe bottom | 06/13/2022 | 06/21/2022 | Diversified Co. | |
AFL | Head-and-shoulders bottom | 05/20/2022 | 07/05/2022 | Insurance (Diversified) | |
ALL | Pipe bottom | 06/13/2022 | 06/21/2022 | Insurance (Prop/Casualty) | |
AEP | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (Central) | |
AAPL | Head-and-shoulders bottom | 05/20/2022 | 06/30/2022 | Computers and Peripherals | |
ASH | Pipe bottom | 06/13/2022 | 06/21/2022 | Chemical (Basic) | |
ATO | Pipe bottom | 06/13/2022 | 06/21/2022 | Natural Gas (Diversified) | |
AVY | Pipe bottom | 06/13/2022 | 06/21/2022 | Packaging and Container | |
AVA | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (West) | |
AZTA | Double Bottom, Eve and Adam | 06/16/2022 | 07/05/2022 | Semiconductor Cap Equip. | |
BKH | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (West) | |
BRC | Pipe bottom | 06/13/2022 | 06/21/2022 | Chemical (Diversified) | |
BLDR | Pipe bottom | 06/13/2022 | 06/21/2022 | Retail Building Supply | |
CACI | Pipe bottom | 06/13/2022 | 06/21/2022 | IT Services | |
CNP | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (Central) | |
ED | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (East) | |
CAG | Triple bottom | 05/20/2022 | 06/17/2022 | Food Processing | |
COST | Ugly double bottom | 05/20/2022 | 06/17/2022 | Retail Store | |
CROX | Double Bottom, Eve and Adam | 06/16/2022 | 07/01/2022 | Shoe | |
^DJU | Pipe bottom | 06/13/2022 | 06/21/2022 | None | |
DTE | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (Central) | |
DUK | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (East) | |
FICO | Pipe bottom | 06/13/2022 | 06/21/2022 | IT Services | |
FORM | Pipe top | 06/21/2022 | 06/27/2022 | Semiconductor | |
HLIT | Double Bottom, Eve and Eve | 06/16/2022 | 07/05/2022 | Telecom. Equipment | |
HE | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (West) | |
HD | Double Bottom, Adam and Eve | 06/22/2022 | 06/30/2022 | Retail Building Supply | |
JBHT | Double Bottom, Eve and Adam | 06/17/2022 | 06/30/2022 | Trucking/Transp. Leasing | |
ILMN | Double Bottom, Eve and Eve | 06/22/2022 | 06/30/2022 | Biotechnology | |
INCY | Ugly double bottom | 06/14/2022 | 06/30/2022 | Drug | |
INFN | Head-and-shoulders bottom | 05/25/2022 | 07/05/2022 | Telecom. Equipment | |
NSP | Pipe bottom | 06/13/2022 | 06/21/2022 | Human Resources | |
JKHY | Pipe bottom | 06/13/2022 | 06/21/2022 | IT Services | |
KELYA | Pipe bottom | 06/13/2022 | 06/21/2022 | Human Resources | |
KSS | Dead-cat bounce | 07/01/2022 | 07/01/2022 | Retail Store | |
LDOS | Pipe bottom | 06/13/2022 | 06/21/2022 | IT Services | |
LEN | Pipe bottom | 06/13/2022 | 06/21/2022 | Homebuilding | |
MHO | Pipe bottom | 06/13/2022 | 06/21/2022 | Homebuilding | |
MNDT | Broadening top, right-angled and descending | 04/21/2022 | 07/07/2022 | Computer Software and Svcs | |
MAN | Double Bottom, Eve and Eve | 06/16/2022 | 06/30/2022 | Human Resources | |
MCHX | Triple bottom | 06/17/2022 | 07/01/2022 | Advertising | |
MDC | Pipe bottom | 06/13/2022 | 06/21/2022 | Homebuilding | |
META | Double Bottom, Eve and Adam | 06/23/2022 | 07/01/2022 | E-Commerce | |
MGEE | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (Central) | |
MCO | Pipe bottom | 06/13/2022 | 06/21/2022 | Information Services | |
NTGR | Head-and-shoulders bottom | 05/20/2022 | 07/05/2022 | Telecom. Equipment | |
NEE | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (East) | |
NI | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (Central) | |
OGE | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (Central) | |
ORI | Pipe bottom | 06/13/2022 | 06/21/2022 | Insurance (Prop/Casualty) | |
PCG | Pipe top | 04/25/2022 | 05/02/2022 | Electric Utility (West) | |
PNW | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (West) | |
POR | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (West) | |
PPL | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (East) | |
PG | Pipe bottom | 06/13/2022 | 06/21/2022 | Household Products | |
PGR | Pipe bottom | 06/13/2022 | 06/21/2022 | Insurance (Prop/Casualty) | |
PEG | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (East) | |
PHM | Pipe bottom | 06/13/2022 | 06/21/2022 | Homebuilding | |
RGA | Pipe bottom | 06/13/2022 | 06/21/2022 | Insurance (Life) | |
RHI | Double Bottom, Adam and Eve | 06/23/2022 | 06/30/2022 | Human Resources | |
SRE | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (West) | |
SO | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (East) | |
TOL | Pipe bottom | 06/13/2022 | 06/21/2022 | Homebuilding | |
VRSN | Pipe bottom | 06/13/2022 | 06/21/2022 | Internet | |
WWW | Triangle, symmetrical | 05/11/2022 | 07/07/2022 | Shoe | |
XEL | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (West) | |
IHI | Pipe bottom | 06/13/2022 | 06/21/2022 | Medical Supplies |
Since I post this the night before, check how the futures are trading before market open. Large moves can affect the opening direction.
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My software stopped reading the file at June 6, so I created an analysis using the wrong chart. This replaces my original post. Thanks to Varga Zoltan for spotting this. Note: You may have to clear your cache to get the new image to load. The new chart shows point A at the top and point C at the bottom of the pic.
I show a picture of bitcoin (BTC-USD) on the daily scale.
Price peaked at A and dropped to the descending triangle at B. If we assume that the chart pattern is the midway point of a measured move down chart pattern (or half staff pattern), then the drop measures about 48,000 to 28,000, or 20,000 points. Applying this move from the top of the triangle, about 31,000 - 20,000 gives a target of 11,000. Note that I ignored the spike at D because it's an outlier. I'd rather base the measure on the tight move of the triangle.
I'm eyeballing all of these numbers from this chart, so it's not an accurate guess. Also realize that this type of analysis (using measured moves) rarely works but it does give you an indication of what might happen. It suggests the coin has about another ~9,000 points to drop.
It's possible it can drop that far, but to me, it looks like it's found a bottom here and we'll see it return to the corrective phase of the measured move down. That's a rise back up to B, or about 28,000.
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Here's a symbol list of 81 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AXDX, ACN, AEIS, AMD, AES, APD, ATSG, AKAM, ALL, AYX, ABC, APH, AIZ, ADSK, ADP, BCPC, BBBY, BMRN, BLDR, CACI, CALM, CTXS, CLR, COST, DHR, XRAY, EQT, EVH, XOM, EZPW, FORM, FCX, GD, HIG, HQY, HL, IDXX, INCY, IIIN, ITGR, IVC, JKHY, JAZZ, RAMP, MANH, MRTN, MLM, META, MYGN, NWPX, NVDA, OMCL, PTEN, PETS, PLXS, PGR, KWR, QCOM, DGX, RLI, ROG, CRM, SAIC, SRDX, SNPS, TEVA, TRV, VRSN, WAT, WMB, ZBRA, EWM, EZA, EWP, THD, DBA, PJP. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.
-- Thomas Bulkowski
© 2022 ThePatternSite.com Metric | Value | Diff | Close (within 10% of the high-low range for the day)? |
Monthly S2 | 9,660.72 | ||
Weekly S2 | 10,468.97 | 808.25 | |
Monthly S1 | 10,511.29 | 42.32 | |
Weekly S1 | 10,915.41 | 404.12 | |
Daily S2 | 11,158.94 | 243.53 | |
Low | 11,250.32 | 91.38 | |
Daily S1 | 11,260.40 | 10.08 | Yes! The Daily S1 is close to the Low. |
Weekly Pivot | 11,296.45 | 36.05 | |
61.8% Down from Intraday High | 11,323.98 | 27.53 | |
Open | 11,337.90 | 13.92 | Yes! The Open is close to the 61.8% Down from Intraday High. |
50% Down from Intraday High | 11,346.74 | 8.83 | Yes! The 50% Down from Intraday High is close to the Open. |
Daily Pivot | 11,351.77 | 5.04 | Yes! The Daily Pivot is close to the 50% Down from Intraday High. |
Close | 11,361.85 | 10.08 | Yes! The Close is close to the Daily Pivot. |
38.2% Down from Intraday High | 11,369.49 | 7.64 | Yes! The 38.2% Down from Intraday High is close to the Close. |
Monthly Pivot | 11,415.70 | 46.21 | |
High | 11,443.15 | 27.45 | |
Daily R1 | 11,453.23 | 10.08 | Yes! The Daily R1 is close to the High. |
Daily R2 | 11,544.60 | 91.38 | |
Weekly R1 | 11,742.89 | 198.29 | |
Weekly R2 | 12,123.93 | 381.04 | |
Monthly R1 | 12,266.27 | 142.34 | |
Monthly R2 | 13,170.68 | 904.42 |
This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.
The indicator turned bearish today (Tuesday) after the markets put in mixed results. As the thin blue indicator line suggests, the CPI is weakening.
Notice that the index is still trending downward from the peak in January.
The red line is the percentage of stocks at least 20% below their 1-year high (plotted upside down). The blue line is the average percentage drop of stocks below their 1-year high (plotted upside down).
On Tuesday, 71% of stocks in my database are in bear market territory (down at least 20% from their 1-year high).A week ago, it was 69%.The fewest was 15% on 07/09/2021.And the most was 79% on 06/17/2022.
The 454 stocks in my database are down an average of 30% from their yearly high.A week ago, the average was 29%.The peak was 11% on 07/12/2021.And the bottom was 33% on 06/16/2022.
Both lines this week are weaker than they were seven days ago. This chart also shows a downtrend in the red and blue lines, stretching back to the start of the chart on the far left.
The two charts this weak are bearish. The one above is more bullish than the CPI, I think. Why? Because the indicator moved up during the last two weeks, so it looks more like a retrace in a short-term uptrend.
I expect a resumption of the uptrend.
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Here's a symbol list of 199 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ABT, AEIS, AJRD, AFL, ATSG, AKAM, AA, ALL, AMED, AEE, AEP, AMGN, AAPL, ATR, ASH, ATO, AVY, AVA, AZTA, BALL, BSET, BERY, BIO, BKH, BKNG, BRC, BLDR, CACI, CDNS, CALM, CAL, CX, CNP, CRL, CSCO, CNA, CNO, ED, CLR, COTY, CRH, CROX, CW, D, DTE, DUK, EIX, ELV, EQT, XOM, FICO, FIS, FISV, FTNT, FCX, GME, IT, GE, GGG, EVRG, GES, HLIT, HE, HL, HSII, HP, DHI, HOV, IDA, ILMN, INFN, NSP, IBP, ITGR, IPAR, INTU, NVTA, JKHY, JBLU, KBH, KELYA, KFRC, LHX, LDOS, LEN, LXU, MHO, MCHX, MAS, MTRN, MDC, MGEE, MSFT, MLKN, MCO, MOS, NCR, NJR, NWL, NEE, NXGN, NI, NWPX, OXY, OGE, ORI, ASGN, OMI, PATK, PTEN, PYPL, PRFT, PNW, PLXS, POR, PPG, PPL, PG, PGR, PEG, PHM, KWR, RGA, RNG, RLI, RHI, ROK, ROST, CRM, SMG, SRE, SKX, SO, SWX, SR, SCS, TDOC, TER, TOL, TZOO, TG, TREX, UNM, VRSN, WAT, WWW, WDAY, XEL, ZBRA, IAI, IYC, ITB, IDU, FTEC, FDN, QQQ, IGV, IHI, EWO, EWK, EWZ, EEM, EWQ, EWG, EWI, EWM, EWS, EZA, EWP, THD, TUR, EWU, QLD, DBA, PHO, IEV, MXI, XLP, XHB, XLK, XLU, USO, MGK. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
-- Thomas Bulkowski
I released a new version of Patternz. It has some algorithm enhancements and bug fixes.
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Here's the updated 2022 forecast, presented in slider format.
Based on sector performance from Fidelity, the best performing sectors for year-to-date performance as of 30 June 2022 were... (The numbering is how they ranked a month ago.)
The folks at two firms polled by Fidelity weigh the sectors in this order, as of 6/21/22.
Here's how they rank the industries, but only the top 10 appear. One-year change, as of 6/30. The numbering is how they ranked a month ago.
Here's a symbol list of 166 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ABT, AMD, AJRD, ATSG, ALRM, AA, ALL, AEE, AEP, AEL, AMAT, ATR, ASH, ATO, AVY, AVA, BCPC, BALL, BERY, BIO, BKH, BRC, BMY, BLDR, CACI, CAL, CNP, CRL, CHKP, CNO, ED, COST, CW, DDS, ^DJU, D, DTE, DUK, EIX, ELV, FICO, FISV, FORM, FCX, GME, GIS, EVRG, HE, HQY, HTLD, HL, HSII, HELE, HP, HSIC, DHI, HOV, HUBG, HURC, IDA, ITW, NSP, IBP, IIIN, ITGR, IPAR, IBKR, TILE, IVC, JKHY, KBH, KELYA, KFRC, KLAC, KSS, LHX, LZB, LRCX, LDOS, LEN, MHO, MCHX, MAS, MDC, MGEE, MU, MCO, MUR, MYGN, CNR, NJR, NWL, NEE, NI, OXY, OGE, ORI, OMCL, ASGN, PANW, PTEN, PETS, PNW, POR, PPG, PPL, PG, PGR, PEG, PHM, KWR, QCOM, RGA, RLI, SAIC, SRE, SKX, SO, SWX, SR, TEVA, TMO, TOL, RIG, TREX, SLCA, UPS, UNM, VRSN, WAT, XEL, ITB, IEZ, IDU, SLV, IHI, EWZ, EZA, EWT, DBA, PHO, ILF, XLP, XHB, XAR, XLU. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
The below industries were the best (rank 1) or worst performing of those I follow.
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-- Thomas Bulkowski
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Here's a symbol list of 253 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, AXDX, ACIW, AYI, AMD, AJRD, AFL, ATSG, AA, ALL, AMZN, AEE, AEO, AEP, AFG, AMWD, ATR, ARCB, ACGL, ARW, ASH, AGO, ATO, ADSK, AVY, AVA, BALL, BSET, BERY, BBY, BIG, BIO, BKH, BKNG, BOOT, BRC, BMY, BLDR, CACI, CAL, CNP, CRL, CINF, CNO, CGNX, ED, CONN, COP, COST, COTY, CMI, CW, XRAY, DVN, DDS, ^DJU, D, DTE, DUK, EIX, ELV, EOG, EQT, XOM, FICO, FIS, FLS, FORM, FRD, GME, GPS, GD, EVRG, GES, THG, HLIT, HE, HL, HSII, HELE, HP, HNI, DHI, HOV, IDA, NSP, IBP, ITGR, IPAR, JKHY, JNJ, KBH, KELYA, KFRC, LHX, LZB, LDOS, LEN, LMT, MHO, MTSI, M, MANH, MRO, MAS, MDC, MGEE, MLKN, MCO, MS, MUR, NOV, NTGR, NJR, NWL, NEE, NI, JWN, NOC, NWPX, NUS, NVDA, OXY, OGE, ORI, OMCL, OMC, ASGN, OTEX, PKG, PATK, PTEN, PYPL, PNW, POR, PPG, PPL, PG, PGR, PRU, PEG, PHM, KWR, QCOM, RL, RGS, RGA, RNG, RLI, RCKY, ROST, CRM, SLB, SMG, SEIC, SRE, SLGN, SO, SCCO, SWX, SR, SXI, SCS, TPR, TXT, TJX, TOL, RIG, TRV, TREX, SLCA, UNM, VFC, VLO, VRSN, V, VC, WAT, WERN, WU, WSM, WWW, WDAY, XEL, ITA, IAI, IYE, ITB, IHE, IDU, DDM, IAT, IGE, IEO, IYF, IHI, EWA, EWO, EWK, EWG, EPP, EWS, EZA, EWD, EWT, EWU, PPA, PHO, IXC, MXI, XLP, XLE, XLF, XHB, XRT, XLU, UNG, USO. Clink this link for details (pattern type, start and end dates).
For a list of small patterns (those a few days wide) click this link.
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You can find setups based on a Fibonacci retrace by clicking on the link.
The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.
In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.
For details about the chart patterns, click here.
-- Thomas Bulkowski
Symbol | Chart Pattern | Bullish Bearish | Start | End | Industry |
DDD | Triangle, symmetrical | 05/04/2022 | 06/30/2022 | Electronics | |
ATSG | Triangle, symmetrical | 03/29/2022 | 06/30/2022 | Air Transport | |
AEO | Double Top, Adam and Adam | 06/08/2022 | 06/27/2022 | Apparel | |
ATR | Pipe bottom | 06/13/2022 | 06/21/2022 | Packaging and Container | |
BSET | Ugly double bottom | 05/24/2022 | 06/16/2022 | Furn/Home Furnishings | |
BBBY | Dead-cat bounce | 06/29/2022 | 06/29/2022 | Retail (Special Lines) | |
CALM | Pipe bottom | 06/06/2022 | 06/13/2022 | Food Processing | |
CHS | Head-and-shoulders top | 06/15/2022 | 06/28/2022 | Apparel | |
D | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (East) | |
ELV | Pipe bottom | 06/13/2022 | 06/21/2022 | Medical Services | |
GIS | Double Bottom, Adam and Adam | 05/19/2022 | 06/16/2022 | Food Processing | |
HNI | Broadening bottom | 04/07/2022 | 06/16/2022 | Furn/Home Furnishings | |
IDA | Pipe bottom | 06/13/2022 | 06/21/2022 | Electric Utility (West) | |
JAZZ | Horn bottom | 05/09/2022 | 05/23/2022 | Biotechnology | |
JBLU | Double Bottom, Adam and Adam | 06/16/2022 | 06/23/2022 | Air Transport | |
LHX | Pipe bottom | 06/13/2022 | 06/21/2022 | Aerospace/Defense | |
LANC | Scallop, ascending | 05/25/2022 | 06/27/2022 | Food Processing | |
MRTN | Triangle, symmetrical | 03/17/2022 | 06/30/2022 | Trucking/Transp. Leasing | |
NFG | Double Top, Adam and Adam | 05/31/2022 | 06/08/2022 | Natural Gas (Diversified) | |
OMCL | Horn bottom | 04/25/2022 | 05/09/2022 | Healthcare Information | |
OMC | Double Bottom, Adam and Adam | 06/16/2022 | 06/23/2022 | Advertising | |
ASGN | Pipe bottom | 06/13/2022 | 06/21/2022 | Human Resources | |
PETS | Triple top | 05/26/2022 | 06/24/2022 | Medical Services | |
RLI | Pipe bottom | 06/13/2022 | 06/21/2022 | Insurance (Prop/Casualty) | |
SIGI | Double Bottom, Eve and Eve | 05/12/2022 | 06/13/2022 | Insurance (Prop/Casualty) | |
SSYS | Triangle, symmetrical | 05/04/2022 | 06/30/2022 | Electronics | |
WRB | Double Bottom, Adam and Adam | 06/16/2022 | 06/24/2022 | Insurance (Prop/Casualty) | |
WAT | Pipe bottom | 06/13/2022 | 06/21/2022 | Precision Instrument |
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