As of 12/27/2024   Indus: 42,992 -333.59 -0.8%     Trans: 16,031 -73.46 -0.5%     Utils: 987 -4.51 -0.5%     Nasdaq: 19,722 -298.33 -1.5%     S&P 500: 5,971 -66.75 -1.1%	YTD  +14.1%    +0.8%    +12.0%    +31.4%    +25.2%	Targets    Overview: 12/12/2024     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
Chart Pattern Indicator: on 12/27/24

As of 12/27/2024   Indus: 42,992 -333.59 -0.8%     Trans: 16,031 -73.46 -0.5%     Utils: 987 -4.51 -0.5%     Nasdaq: 19,722 -298.33 -1.5%     S&P 500: 5,971 -66.75 -1.1%	YTD  +14.1%    +0.8%    +12.0%    +31.4%    +25.2%
Targets    Overview: 12/12/2024     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
Chart Pattern Indicator: on 12/27/24

Patterns for the Weekend Details

Copyright © 2020 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

Weekly screen for chart patterns ending between 08/27/2020 and 09/03/2020. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Industry: Insurance (Life)

Industry RS rank: 53 out of 59

Stock RS rank: 360 out of 579

9/3/20 close: $23.88

1 Month avg volatility: $1.04. Volatility stop (for upward breakout): $21.58 or 9.6% below the close.

Change YTD: -20.21%

Volume: 459,100 shares. 3 month avg: 625,883 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 08/07/2020 to 09/03/2020

WARNING: A dead-cat bounce occurred on 03/12/2020. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 09/10/2020.

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: Packaging and Container

Industry RS rank: 23 out of 59

Stock RS rank: 321 out of 579

9/3/20 close: $119.08

1 Month avg volatility: $2.36. Volatility stop (for downward breakout): $126.06 or 5.9% above the close.

Change YTD: -8.97%

Volume: 557,800 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: Triangle, descending reversal pattern from 07/23/2020 to 09/01/2020

Breakout is downward 64% of the time.

Average decline: 16%.

Break-even failure rate: 16%.

Pullbacks occur 54% of the time.

Price hits measure rule target 54% of the time.

Industry: Metals and Mining (Div.)

Industry RS rank: 28 out of 59

Stock RS rank: 11 out of 579

9/3/20 close: $10.15

1 Month avg volatility: $0.60. Volatility stop (for upward breakout): $8.80 or 13.3% below the close.

Change YTD: 35.06%

Volume: 819,700 shares. 3 month avg: 2,285,742 shares.

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

 

Chart pattern: Pipe bottom reversal pattern from 08/17/2020 to 08/24/2020

WARNING: A dead-cat bounce occurred on 06/11/2020. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 09/10/2020 and a 38% chance by 12/10/2020.

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: Apparel

Industry RS rank: 50 out of 59

Stock RS rank: 579 out of 579

9/3/20 close: $1.26

1 Month avg volatility: $0.10. Volatility stop (for downward breakout): $1.52 or 20.3% above the close.

Change YTD: -66.93%

Volume: 1,042,500 shares. 3 month avg: 2,783,222 shares.

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

 

Chart pattern: Horn top reversal pattern from 08/10/2020 to 08/24/2020

Breakout is downward 100% of the time.

Average decline: 21%.

Break-even failure rate: 7%.

Pullbacks occur 33% of the time.

Price hits measure rule target 70% of the time.

Industry: Telecom. Equipment

Industry RS rank: 14 out of 59

Stock RS rank: 204 out of 579

9/3/20 close: $45.46

1 Month avg volatility: $1.48. Volatility stop (for downward breakout): $49.97 or 9.9% above the close.

Change YTD: 6.49%

Volume: 22,893,200 shares. 3 month avg: 3,226,991 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: Dead-cat bounce continuation pattern from 09/03/2020 to 09/03/2020

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Securities Brokerage

Industry RS rank: 38 out of 59

Stock RS rank: 137 out of 579

9/3/20 close: $54.60

1 Month avg volatility: $1.06. Volatility stop (for upward breakout): $51.90 or 4.9% below the close.

Change YTD: 20.34%

Volume: 2,598,600 shares. 3 month avg: 2,308,982 shares.

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

 

Chart pattern: Triangle, ascending reversal pattern from 07/09/2020 to 09/02/2020

Breakout is upward 70% of the time.

Average rise: 35%.

Break-even failure rate: 13%.

Throwbacks occur 57% of the time.

Price hits measure rule target 75% of the time.

Industry: Electric Utility (East)

Industry RS rank: 47 out of 59

Stock RS rank: 470 out of 579

9/3/20 close: $37.29

1 Month avg volatility: $0.91. Volatility stop (for upward breakout): $35.02 or 6.1% below the close.

Change YTD: -18.21%

Volume: 8,402,500 shares. 3 month avg: 5,244,875 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 Bottom, Adam and Adam reversal pattern from 08/21/2020 to 09/01/2020

Breakout is upward 100% of the time.

Average rise: 35%.

Break-even failure rate: 5%.

Throwbacks occur 64% of the time.

Price hits measure rule target 66% of the time.

Industry: Retail (Special Lines)

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

Industry RS rank: 15 out of 59

Stock RS rank: 4 out of 579

9/3/20 close: $7.82

1 Month avg volatility: $0.51. Volatility stop (for upward breakout): $6.23 or 20.4% below the close.

Change YTD: 28.62%

Volume: 14,205,500 shares. 3 month avg: 3,063,175 shares.

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

 

Chart pattern: Flag, high and tight continuation pattern from 07/20/2020 to 09/03/2020

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: IT Services

Industry RS rank: 29 out of 59

Stock RS rank: 252 out of 579

9/3/20 close: $131.58

1 Month avg volatility: $2.50. Volatility stop (for upward breakout): $125.49 or 4.6% below the close.

Change YTD: -14.61%

Volume: 492,200 shares. 3 month avg: 564,655 shares.

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

 

Chart pattern: Triangle, ascending reversal pattern from 08/11/2020 to 09/03/2020

Breakout is upward 70% of the time.

Average rise: 35%.

Break-even failure rate: 13%.

Throwbacks occur 57% of the time.

Price hits measure rule target 75% of the time.

Industry: Homebuilding

Industry RS rank: 26 out of 59

Stock RS rank: 102 out of 579

9/3/20 close: $33.40

1 Month avg volatility: $2.51. Volatility stop (for upward breakout): $25.79 or 22.8% below the close.

Change YTD: 60.04%

Volume: 287,800 shares. 3 month avg: 1,539,280 shares.

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

 

Chart pattern: Flag, high and tight continuation pattern from 07/14/2020 to 09/03/2020

WARNING: A dead-cat bounce occurred on 06/11/2020. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 09/10/2020 and a 38% chance by 12/10/2020.

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: Telecom. Equipment

Industry RS rank: 14 out of 59

Stock RS rank: 210 out of 579

9/3/20 close: $6.38

1 Month avg volatility: $0.40. Volatility stop (for downward breakout): $7.57 or 18.6% above the close.

Change YTD: -19.65%

Volume: 10,571,200 shares. 3 month avg: 1,624,214 shares.

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

 

Chart pattern: Dead-cat bounce continuation pattern from 09/03/2020 to 09/03/2020

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Retail Building Supply

Industry RS rank: 8 out of 59

Stock RS rank: 108 out of 579

9/3/20 close: $89.55

1 Month avg volatility: $2.74. Volatility stop (for upward breakout): $83.09 or 7.2% below the close.

Change YTD: 30.03%

Volume: 297,700 shares. 3 month avg: 201,345 shares.

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

 

Chart pattern: Rectangle top continuation pattern from 08/10/2020 to 08/31/2020

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: Toiletries/Cosmetics

Industry RS rank: 27 out of 59

Stock RS rank: 479 out of 579

9/3/20 close: $45.17

1 Month avg volatility: $1.84. Volatility stop (for upward breakout): $41.23 or 8.7% below the close.

Change YTD: -37.88%

Volume: 116,300 shares. 3 month avg: 72,294 shares.

This security may be thinly traded (less than 100k shares)!

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

 

Chart pattern: Triangle, symmetrical continuation pattern from 08/11/2020 to 09/03/2020

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: Semiconductor Cap Equip.

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

Industry RS rank: 13 out of 59

Stock RS rank: 100 out of 579

9/3/20 close: $201.41

1 Month avg volatility: $5.43. Volatility stop (for downward breakout): $224.90 or 11.7% above the close.

Change YTD: 13.04%

Volume: 1,803,400 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: Triple top reversal pattern from 08/17/2020 to 09/02/2020

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 10%.

Pullbacks occur 61% of the time.

Price hits measure rule target 40% of the time.

Industry: Metal Fabricating

Industry RS rank: 30 out of 59

Stock RS rank: 280 out of 579

9/3/20 close: $42.25

1 Month avg volatility: $1.60. Volatility stop (for upward breakout): $36.81 or 12.9% below the close.

Change YTD: -18.91%

Volume: 17,900 shares. 3 month avg: 11,408 shares.

This security may be thinly traded (less than 100k 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: Pipe bottom reversal pattern from 08/17/2020 to 08/24/2020

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: Retail Building Supply

Industry RS rank: 8 out of 59

Stock RS rank: 38 out of 579

9/3/20 close: $161.52

1 Month avg volatility: $3.48. Volatility stop (for downward breakout): $177.44 or 9.9% above the close.

Change YTD: 34.87%

Volume: 5,691,600 shares. 3 month avg: 6,401,252 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: Double Top, Adam and Adam reversal pattern from 08/27/2020 to 09/02/2020

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: Advertising

Industry RS rank: 56 out of 59

Stock RS rank: 533 out of 579

9/3/20 close: $1.82

1 Month avg volatility: $0.07. Volatility stop (for upward breakout): $1.66 or 8.7% below the close.

Change YTD: -51.85%

Volume: 67,800 shares. 3 month avg: 97,160 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: Triangle, symmetrical continuation pattern from 08/13/2020 to 09/03/2020

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: Building Materials

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

Industry RS rank: 43 out of 59

Stock RS rank: 94 out of 579

9/3/20 close: $57.16

1 Month avg volatility: $1.05. Volatility stop (for downward breakout): $61.79 or 8.1% above the close.

Change YTD: 19.11%

Volume: 1,752,900 shares. 3 month avg: 2,351,771 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: Double Top, Adam and Eve reversal pattern from 08/18/2020 to 09/02/2020

Breakout is downward 100% of the time.

Average decline: 18%.

Break-even failure rate: 14%.

Pullbacks occur 59% of the time.

Price hits measure rule target 69% of the time.

Industry: Semiconductor

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

Industry RS rank: 1 out of 59

Stock RS rank: 439 out of 579

9/3/20 close: $46.33

1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $43.47 or 6.2% below the close.

Change YTD: -13.85%

Volume: 20,526,400 shares. 3 month avg: 38,182,855 shares.

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

 

Chart pattern: Pipe bottom reversal pattern from 08/17/2020 to 08/24/2020

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: Securities Brokerage

Industry RS rank: 38 out of 59

Stock RS rank: 147 out of 579

9/3/20 close: $52.75

1 Month avg volatility: $0.98. Volatility stop (for upward breakout): $50.24 or 4.8% below the close.

Change YTD: 3.19%

Volume: 10,959,300 shares. 3 month avg: 7,779,832 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, ascending reversal pattern from 07/16/2020 to 09/01/2020

Breakout is upward 70% of the time.

Average rise: 35%.

Break-even failure rate: 13%.

Throwbacks occur 57% of the time.

Price hits measure rule target 75% of the time.

Industry: Chemical (Basic)

Industry RS rank: 17 out of 59

Stock RS rank: 512 out of 579

9/3/20 close: $11.45

1 Month avg volatility: $0.58. Volatility stop (for upward breakout): $10.21 or 10.9% below the close.

Change YTD: -33.62%

Volume: 2,502,900 shares. 3 month avg: 1,697,154 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: Pipe bottom reversal pattern from 08/17/2020 to 08/24/2020

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: Apparel

Industry RS rank: 50 out of 59

Stock RS rank: 535 out of 579

9/3/20 close: $74.15

1 Month avg volatility: $2.44. Volatility stop (for upward breakout): $67.05 or 9.6% below the close.

Change YTD: -36.74%

Volume: 2,173,200 shares. 3 month avg: 1,365,482 shares.

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

 

Chart pattern: Triangle, symmetrical continuation pattern from 07/24/2020 to 09/01/2020

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: Toiletries/Cosmetics

Industry RS rank: 27 out of 59

Stock RS rank: 550 out of 579

9/3/20 close: $7.09

1 Month avg volatility: $0.52. Volatility stop (for downward breakout): $8.65 or 22.1% above the close.

Change YTD: -60.32%

Volume: 793,000 shares. 3 month avg: 193,511 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: Dead-cat bounce continuation pattern from 08/31/2020 to 08/31/2020

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Shoe

Industry RS rank: 22 out of 59

Stock RS rank: 385 out of 579

9/3/20 close: $29.71

1 Month avg volatility: $0.95. Volatility stop (for upward breakout): $27.67 or 6.9% below the close.

Change YTD: -31.21%

Volume: 875,300 shares. 3 month avg: 3,234,920 shares.

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

 

Chart pattern: Triangle, symmetrical continuation pattern from 08/07/2020 to 09/03/2020

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: Healthcare Information

Industry RS rank: 5 out of 59

Stock RS rank: 19 out of 579

9/3/20 close: $203.02

1 Month avg volatility: $12.93. Volatility stop (for downward breakout): $245.19 or 20.8% above the close.

Change YTD: 142.50%

Volume: 4,840,800 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: Double Top, Adam and Adam reversal pattern from 08/21/2020 to 09/02/2020

WARNING: A dead-cat bounce occurred on 08/05/2020. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/04/2020 and a 38% chance by 02/03/2021.

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: Petroleum (Integrated)

Industry RS rank: 54 out of 59

Stock RS rank: 457 out of 579

9/3/20 close: $52.33

1 Month avg volatility: $1.89. Volatility stop (for upward breakout): $47.89 or 8.5% below the close.

Change YTD: -44.12%

Volume: 3,612,700 shares. 3 month avg: 3,584,486 shares.

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

 

Chart pattern: Triangle, symmetrical continuation pattern from 06/19/2020 to 09/03/2020

WARNING: A dead-cat bounce occurred on 03/12/2020. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 09/10/2020.

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: Information Services

Industry RS rank: 37 out of 59

Stock RS rank: 386 out of 579

9/3/20 close: $164.66

1 Month avg volatility: $4.83. Volatility stop (for upward breakout): $153.68 or 6.7% below the close.

Change YTD: -21.39%

Volume: 378,300 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 08/17/2020 to 08/24/2020

WARNING: A dead-cat bounce occurred on 03/09/2020. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 09/07/2020.

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.