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 10/15/2020 and 10/22/2020. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: Medical SuppliesIndustry RS rank: 31 out of 59Stock RS rank: 364 out of 57610/22/20 close: $109.481 Month avg volatility: $2.39. Volatility stop (for downward breakout): $114.83 or 4.9% above the close.Change YTD: 26.04%Volume: 4,640,400 shares. 3 month avg: 6,008,617 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: Head-and-shoulders top reversal pattern from 10/01/2020 to 10/19/2020Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: ApparelIndustry RS rank: 7 out of 59Stock RS rank: 79 out of 57610/22/20 close: $15.671 Month avg volatility: $0.69. Volatility stop (for downward breakout): $17.09 or 9.0% above the close.Change YTD: -9.37%Volume: 1,609,100 shares. 3 month avg: 2,821,334 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: Pipe top reversal pattern from 10/05/2020 to 10/12/2020Breakout 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: Insurance (Diversified)Industry RS rank: 43 out of 59Stock RS rank: 443 out of 57610/22/20 close: $37.511 Month avg volatility: $0.88. Volatility stop (for downward breakout): $39.29 or 4.8% above the close.Change YTD: -29.09%Volume: 2,305,600 shares. 3 month avg: 1,541,537 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: Rectangle bottom continuation pattern from 07/15/2020 to 10/22/2020Breakout 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.
Industry: Computer Software and SvcsIndustry RS rank: 30 out of 59Stock RS rank: 186 out of 57610/22/20 close: $60.741 Month avg volatility: $1.61. Volatility stop (for upward breakout): $56.09 or 7.7% below the close.Change YTD: 41.35%Volume: 323,000 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Pennant continuation pattern from 10/14/2020 to 10/21/2020Breakout is upward 61% of the time.Average rise: 25%.Break-even failure rate: 2%.Throwbacks occur 47% of the time.Price hits measure rule target 60% of the time.
Industry: ApparelIndustry RS rank: 7 out of 59Stock RS rank: 29 out of 57610/22/20 close: $14.471 Month avg volatility: $0.67. Volatility stop (for downward breakout): $15.94 or 10.2% above the close.Change YTD: -1.56%Volume: 7,578,600 shares. 3 month avg: 4,309,748 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Head-and-shoulders top reversal pattern from 09/16/2020 to 10/16/2020Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Petroleum (Producing)Industry RS rank: 53 out of 59Stock RS rank: 472 out of 57610/22/20 close: $9.441 Month avg volatility: $0.66. Volatility stop (for upward breakout): $7.69 or 18.5% below the close.Change YTD: -63.11%Volume: 26,389,100 shares. 3 month avg: 24,558,411 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: Triangle, symmetrical continuation pattern from 10/02/2020 to 10/22/2020Breakout 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: Packaging and ContainerIndustry RS rank: 25 out of 59Stock RS rank: 194 out of 57610/22/20 close: $49.961 Month avg volatility: $1.24. Volatility stop (for upward breakout): $46.91 or 6.1% below the close.Change YTD: 5.20%Volume: 707,800 shares. 3 month avg: 894,866 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 09/15/2020 to 10/22/2020Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 14 out of 59Stock RS rank: 471 out of 57610/22/20 close: $19.121 Month avg volatility: $0.48. Volatility stop (for downward breakout): $20.11 or 5.2% above the close.Change YTD: -9.17%Volume: 258,900 shares. 3 month avg: 472,148 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 top reversal pattern from 10/05/2020 to 10/12/2020Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 14 out of 59Stock RS rank: 279 out of 57610/22/20 close: $127.471 Month avg volatility: $3.50. Volatility stop (for downward breakout): $135.26 or 6.1% above the close.Change YTD: 9.15%Volume: 1,150,000 shares. 3 month avg: 898,451 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 top reversal pattern from 10/05/2020 to 10/12/2020Breakout 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: Retail Building SupplyIndustry RS rank: 5 out of 59Stock RS rank: 9 out of 57610/22/20 close: $103.501 Month avg volatility: $4.02. Volatility stop (for downward breakout): $113.46 or 9.6% above the close.Change YTD: 50.28%Volume: 165,300 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: Pipe top reversal pattern from 10/05/2020 to 10/12/2020Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 44 out of 59Stock RS rank: 523 out of 57610/22/20 close: $141.651 Month avg volatility: $3.11. Volatility stop (for downward breakout): $148.49 or 4.8% above the close.Change YTD: 7.78%Volume: 2,965,200 shares. 3 month avg: 3,358,597 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: Pipe top reversal pattern from 10/05/2020 to 10/12/2020Breakout 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: Electric Utility (West)Industry RS rank: 55 out of 59Stock RS rank: 406 out of 57610/22/20 close: $85.731 Month avg volatility: $1.91. Volatility stop (for upward breakout): $78.96 or 7.9% below the close.Change YTD: -4.67%Volume: 1,136,600 shares. 3 month avg: 665,203 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: Cup with handle continuation pattern from 08/11/2020 to 10/21/2020Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 5%.Throwbacks occur 58% of the time.Price hits measure rule target 50% of the time.
Industry: Trucking/Transp. LeasingIndustry RS rank: 14 out of 59Stock RS rank: 432 out of 57610/22/20 close: $41.731 Month avg volatility: $1.19. Volatility stop (for upward breakout): $38.59 or 7.5% below the close.Change YTD: 14.67%Volume: 1,040,000 shares. 3 month avg: 887,242 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 bottom reversal pattern from 09/21/2020 to 10/21/2020Breakout is upward 53% of the time.Average rise: 27%.Break-even failure rate: 10%.Throwbacks occur 41% of the time.Price hits measure rule target 59% of the time.
Industry: Chemical (Basic)Industry RS rank: 18 out of 59Stock RS rank: 55 out of 57610/22/20 close: $71.501 Month avg volatility: $2.12. Volatility stop (for upward breakout): $65.19 or 8.8% below the close.Change YTD: 1.92%Volume: 187,300 shares. 3 month avg: 812,517 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.Chart pattern: Pennant continuation pattern from 10/14/2020 to 10/22/2020Breakout is upward 61% of the time.Average rise: 25%.Break-even failure rate: 2%.Throwbacks occur 47% of the time.Price hits measure rule target 60% of the time.
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