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%
|
 44,200 or 41,750 by 01/01/202516,700 or 15,500 by 01/15/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 |
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%
| |
|
44,200 or 41,750 by 01/01/202516,700 or 15,500 by 01/15/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 | ||
Copyright © 2020 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns ending between 09/24/2020 and 10/01/2020. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: Human ResourcesIndustry RS rank: 33 out of 59Stock RS rank: 517 out of 57910/1/20 close: $57.281 Month avg volatility: $1.89. Volatility stop (for downward breakout): $62.82 or 9.7% above the close.Change YTD: -8.07%Volume: 247,300 shares. 3 month avg: 549,046 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Broadening top reversal pattern from 09/02/2020 to 09/30/2020Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: Insurance (Life)Industry RS rank: 42 out of 59Stock RS rank: 542 out of 57910/1/20 close: $21.941 Month avg volatility: $0.83. Volatility stop (for upward breakout): $19.75 or 10.0% below the close.Change YTD: -55.24%Volume: 818,900 shares. 3 month avg: 1,068,715 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 09/14/2020 to 09/21/2020Breakout 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 (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 59Stock RS rank: 2 out of 57910/1/20 close: $18.751 Month avg volatility: $0.86. Volatility stop (for upward breakout): $16.22 or 13.5% below the close.Change YTD: 8.35%Volume: 83,296,900 shares. 3 month avg: 4,821,077 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: Flag, high and tight continuation pattern from 07/31/2020 to 10/01/2020WARNING: A dead-cat bounce occurred on 07/09/2020. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 10/08/2020 and a 38% chance by 01/07/2021.Breakout is upward 100% of the time.Average rise: 69%.Throwbacks occur 54% of the time.Price hits measure rule target 90% of the time.
Industry: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 59Stock RS rank: 44 out of 57910/1/20 close: $114.091 Month avg volatility: $3.08. Volatility stop (for upward breakout): $105.70 or 7.4% below the close.Change YTD: 29.94%Volume: 3,627,100 shares. 3 month avg: 4,325,955 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Triple bottom reversal pattern from 09/08/2020 to 09/25/2020Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: Natural Gas (Diversified)Industry RS rank: 52 out of 59Stock RS rank: 504 out of 57910/1/20 close: $16.851 Month avg volatility: $0.58. Volatility stop (for downward breakout): $18.63 or 10.6% above the close.Change YTD: -3.22%Volume: 5,475,600 shares. 3 month avg: 5,196,143 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 top reversal pattern from 09/14/2020 to 09/21/2020Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Petroleum (Producing)Industry RS rank: 56 out of 59Stock RS rank: 140 out of 57910/1/20 close: $11.761 Month avg volatility: $0.81. Volatility stop (for upward breakout): $9.84 or 16.4% below the close.Change YTD: -65.71%Volume: 3,931,700 shares. 3 month avg: 2,362,946 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: Falling wedge from 09/14/2020 to 10/01/2020Breakout is upward 68% of the time.Average rise: 32%.Break-even failure rate: 11%.Throwbacks occur 56% of the time.Price hits measure rule target 70% of the time.
Industry: Retail StoreIndustry RS rank: 28 out of 59Stock RS rank: 335 out of 57910/1/20 close: $358.461 Month avg volatility: $7.65. Volatility stop (for upward breakout): $339.51 or 5.3% below the close.Change YTD: 21.96%Volume: 2,051,100 shares. 3 month avg: 3,225,345 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.Chart pattern: Head-and-shoulders bottom reversal pattern from 09/11/2020 to 09/25/2020Breakout is upward 100% of the time.Average rise: 38%.Break-even failure rate: 3%.Throwbacks occur 45% of the time.Price hits measure rule target 74% of the time.
Industry: E-CommerceIndustry RS rank: 10 out of 59Stock RS rank: 5 out of 57910/1/20 close: $5.911 Month avg volatility: $0.38. Volatility stop (for upward breakout): $4.80 or 18.8% below the close.Change YTD: 25.74%Volume: 642,300 shares. 3 month avg: 656,929 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.Chart pattern: Pipe bottom reversal pattern from 09/14/2020 to 09/21/2020Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 39 out of 59Stock RS rank: 96 out of 57910/1/20 close: $394.781 Month avg volatility: $11.50. Volatility stop (for upward breakout): $368.89 or 6.6% below the close.Change YTD: 51.18%Volume: 382,900 shares. 3 month avg: 512,494 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Pipe bottom reversal pattern from 09/14/2020 to 09/21/2020Breakout 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: Food ProcessingIndustry RS rank: 48 out of 59Stock RS rank: 285 out of 57910/1/20 close: $177.631 Month avg volatility: $4.09. Volatility stop (for upward breakout): $166.90 or 6.0% below the close.Change YTD: 10.95%Volume: 73,000 shares. 3 month avg: 112,417 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.Chart pattern: Triangle, ascending reversal pattern from 08/27/2020 to 09/30/2020Breakout 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: Metal FabricatingIndustry RS rank: 32 out of 59Stock RS rank: 106 out of 57910/1/20 close: $41.341 Month avg volatility: $1.41. Volatility stop (for upward breakout): $37.94 or 8.2% below the close.Change YTD: -20.65%Volume: 9,500 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: Triangle, symmetrical continuation pattern from 09/02/2020 to 10/01/2020Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 59Stock RS rank: 56 out of 57910/1/20 close: $35.111 Month avg volatility: $1.64. Volatility stop (for upward breakout): $30.97 or 11.8% below the close.Change YTD: 31.99%Volume: 261,800 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 09/08/2020 to 09/25/2020Breakout is upward 100% of the time.Average rise: 40%.Break-even failure rate: 4%.Throwbacks occur 55% of the time.Price hits measure rule target 67% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 20 out of 59Stock RS rank: 113 out of 57910/1/20 close: $55.141 Month avg volatility: $1.53. Volatility stop (for upward breakout): $51.58 or 6.5% below the close.Change YTD: 14.90%Volume: 2,476,300 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: Broadening top, right-angled and descending continuation pattern from 08/18/2020 to 09/25/2020Breakout is upward 51% of the time.Average rise: 28%.Break-even failure rate: 19%.Throwbacks occur 52% of the time.Price hits measure rule target 63% of the time.
Industry: Medical SuppliesIndustry RS rank: 22 out of 59Stock RS rank: 17 out of 57910/1/20 close: $22.561 Month avg volatility: $1.27. Volatility stop (for upward breakout): $19.09 or 15.4% below the close.Change YTD: 336.36%Volume: 3,860,500 shares. 3 month avg: 1,318,423 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: Flag, high and tight continuation pattern from 08/07/2020 to 10/01/2020Breakout 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: Financial ServicesIndustry RS rank: 12 out of 59Stock RS rank: 41 out of 57910/1/20 close: $196.941 Month avg volatility: $7.55. Volatility stop (for upward breakout): $181.11 or 8.0% below the close.Change YTD: 82.07%Volume: 7,259,100 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 09/14/2020 to 09/21/2020Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 16 out of 59Stock RS rank: 295 out of 57910/1/20 close: $13.831 Month avg volatility: $0.37. Volatility stop (for upward breakout): $12.88 or 6.9% below the close.Change YTD: 0.40%Volume: 487,800 shares. 3 month avg: 963,789 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: Falling wedge from 08/24/2020 to 10/01/2020Breakout is upward 68% of the time.Average rise: 32%.Break-even failure rate: 11%.Throwbacks occur 56% of the time.Price hits measure rule target 70% of the time.
Industry: Human ResourcesIndustry RS rank: 33 out of 59Stock RS rank: 241 out of 57910/1/20 close: $52.541 Month avg volatility: $1.42. Volatility stop (for downward breakout): $56.53 or 7.6% above the close.Change YTD: -16.80%Volume: 851,700 shares. 3 month avg: 1,012,069 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Triangle, descending reversal pattern from 09/03/2020 to 10/01/2020Breakout 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: Cement and AggregatesIndustry RS rank: 36 out of 59Stock RS rank: 404 out of 57910/1/20 close: $16.761 Month avg volatility: $0.71. Volatility stop (for upward breakout): $15.12 or 9.8% below the close.Change YTD: -29.87%Volume: 1,096,200 shares. 3 month avg: 1,204,178 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Triangle, symmetrical continuation pattern from 07/31/2020 to 10/01/2020Breakout 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: Securities BrokerageIndustry RS rank: 40 out of 59Stock RS rank: 373 out of 57910/1/20 close: $40.921 Month avg volatility: $1.11. Volatility stop (for upward breakout): $37.40 or 8.6% below the close.Change YTD: -17.67%Volume: 5,541,300 shares. 3 month avg: 2,043,012 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 Bottom, Adam and Adam reversal pattern from 09/15/2020 to 09/25/2020Breakout 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 Building SupplyIndustry RS rank: 4 out of 59Stock RS rank: 100 out of 57910/1/20 close: $142.051 Month avg volatility: $3.64. Volatility stop (for downward breakout): $152.08 or 7.1% above the close.Change YTD: 52.02%Volume: 1,385,800 shares. 3 month avg: 2,128,008 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Rectangle bottom continuation pattern from 09/08/2020 to 09/29/2020Breakout is downward 55% of the time.Average decline: 14%.Break-even failure rate: 16%.Pullbacks occur 69% of the time.Price hits measure rule target 50% of the time.
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