As of 11/22/2024   Indus: 44,297 +426.16 +1.0%     Trans: 17,367 +194.86 +1.1%     Utils: 1,067 -8.74 -0.8%     Nasdaq: 19,004 +31.23 +0.2%     S&P 500: 5,969 +20.63 +0.3%	YTD  +17.5%    +9.2%    +21.0%    +26.6%    +25.1%	Targets    Overview: 11/12/2024     46,000 or 43,000 by 12/01/2024   18,000 or 16,600 by 12/01/2024   1,200 or 1,000 by 12/01/2024   20,000 or 18,400 by 12/01/2024   6,100 or 5,800 by 12/01/2024
Chart Pattern Indicator: on 11/20/24

As of 11/22/2024   Indus: 44,297 +426.16 +1.0%     Trans: 17,367 +194.86 +1.1%     Utils: 1,067 -8.74 -0.8%     Nasdaq: 19,004 +31.23 +0.2%     S&P 500: 5,969 +20.63 +0.3%	YTD  +17.5%    +9.2%    +21.0%    +26.6%    +25.1%
Targets    Overview: 11/12/2024     46,000 or 43,000 by 12/01/2024   18,000 or 16,600 by 12/01/2024   1,200 or 1,000 by 12/01/2024   20,000 or 18,400 by 12/01/2024   6,100 or 5,800 by 12/01/2024
Chart Pattern Indicator: on 11/20/24

Patterns for the Weekend Details

Copyright © 2021 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

Weekly screen for chart patterns ending between 12/31/2020 and 01/07/2021. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Industry: IT Services

Industry RS rank: 40 out of 59

Stock RS rank: 114 out of 576

1/7/21 close: $39.14

1 Month avg volatility: $0.93. Volatility stop (for upward breakout): $36.84 or 5.9% below the close.

Change YTD: 1.85%

Volume: 650,700 shares. 3 month avg: 464,565 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: Double Bottom, Adam and Adam reversal pattern from 12/21/2020 to 01/04/2021

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: Chemical (Diversified)

Industry RS rank: 14 out of 59

Stock RS rank: 15 out of 576

1/7/21 close: $184.00

1 Month avg volatility: $5.42. Volatility stop (for upward breakout): $169.71 or 7.8% below the close.

Change YTD: 24.73%

Volume: 2,927,500 shares. 3 month avg: 1,363,352 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: Flag, high and tight continuation pattern from 11/05/2020 to 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: Insurance (Life)

Industry RS rank: 8 out of 59

Stock RS rank: 274 out of 576

1/7/21 close: $30.30

1 Month avg volatility: $0.87. Volatility stop (for upward breakout): $27.82 or 8.2% below the close.

Change YTD: 9.54%

Volume: 1,323,200 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: Triple bottom reversal pattern from 12/11/2020 to 01/04/2021

Breakout 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: Building Materials

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

Industry RS rank: 28 out of 59

Stock RS rank: 286 out of 576

1/7/21 close: $100.67

1 Month avg volatility: $3.56. Volatility stop (for upward breakout): $90.99 or 9.6% below the close.

Change YTD: 7.27%

Volume: 65,600 shares. 3 month avg: 141,992 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 10/28/2020 to 01/05/2021

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: Medical Services

Industry RS rank: 32 out of 59

Stock RS rank: 293 out of 576

1/7/21 close: $337.38

1 Month avg volatility: $7.17. Volatility stop (for upward breakout): $314.11 or 6.9% below the close.

Change YTD: 5.07%

Volume: 1,406,200 shares. 3 month avg: 1,801,302 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: Head-and-shoulders bottom reversal pattern from 11/20/2020 to 01/06/2021

Breakout 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: Computers and Peripherals

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

Industry RS rank: 9 out of 59

Stock RS rank: 209 out of 576

1/7/21 close: $130.92

1 Month avg volatility: $3.32. Volatility stop (for upward breakout): $121.21 or 7.4% below the close.

Change YTD: -1.33%

Volume: 107,984,200 shares. 3 month avg: 27,687,312 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: Cup with handle continuation pattern from 09/02/2020 to 01/07/2021

Breakout 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: Semiconductor Cap Equip.

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

Industry RS rank: 6 out of 59

Stock RS rank: 132 out of 576

1/7/21 close: $94.56

1 Month avg volatility: $2.29. Volatility stop (for upward breakout): $87.42 or 7.6% below the close.

Change YTD: 9.57%

Volume: 8,659,700 shares. 3 month avg: 11,583,771 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: Scallop, ascending continuation pattern from 12/15/2020 to 01/07/2021

Breakout is upward 80% of the time.

Average rise: 31%.

Break-even failure rate: 10%.

Throwbacks occur 58% of the time.

Price hits measure rule target 58% of the time.

Industry: Computer Software and Svcs

Industry RS rank: 44 out of 59

Stock RS rank: 288 out of 576

1/7/21 close: $315.20

1 Month avg volatility: $7.41. Volatility stop (for downward breakout): $331.27 or 5.1% above the close.

Change YTD: 3.23%

Volume: 1,525,300 shares. 3 month avg: 2,150,943 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: Broadening top reversal pattern from 12/18/2020 to 01/06/2021

Breakout 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: Retail (Special Lines)

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

Industry RS rank: 17 out of 59

Stock RS rank: 331 out of 576

1/7/21 close: $107.71

1 Month avg volatility: $2.47. Volatility stop (for upward breakout): $100.97 or 6.3% below the close.

Change YTD: 7.94%

Volume: 3,643,600 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: Double Bottom, Eve and Eve reversal pattern from 12/10/2020 to 01/04/2021

Breakout 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: Shoe

Industry RS rank: 2 out of 59

Stock RS rank: 24 out of 576

1/7/21 close: $15.66

1 Month avg volatility: $0.72. Volatility stop (for upward breakout): $14.21 or 9.3% below the close.

Change YTD: 0.06%

Volume: 437,400 shares. 3 month avg: 329,342 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: Flag, high and tight continuation pattern from 10/30/2020 to 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: Chemical (Basic)

Industry RS rank: 18 out of 59

Stock RS rank: 116 out of 576

1/7/21 close: $42.77

1 Month avg volatility: $1.24. Volatility stop (for upward breakout): $40.09 or 6.3% below the close.

Change YTD: 10.49%

Volume: 3,247,300 shares. 3 month avg: 3,754,700 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: Scallop, ascending continuation pattern from 12/14/2020 to 01/07/2021

Breakout is upward 80% of the time.

Average rise: 31%.

Break-even failure rate: 10%.

Throwbacks occur 58% of the time.

Price hits measure rule target 58% of the time.

Industry: Machinery

Industry RS rank: 21 out of 59

Stock RS rank: 252 out of 576

1/7/21 close: $42.76

1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $38.21 or 10.6% below the close.

Change YTD: 11.24%

Volume: 39,600 shares. 3 month avg: 120,960 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: Double Bottom, Adam and Eve reversal pattern from 12/23/2020 to 01/04/2021

Breakout is upward 100% of the time.

Average rise: 37%.

Break-even failure rate: 5%.

Throwbacks occur 59% of the time.

Price hits measure rule target 66% of the time.

Industry: Telecom. Equipment

Industry RS rank: 15 out of 59

Stock RS rank: 189 out of 576

1/7/21 close: $36.98

1 Month avg volatility: $0.78. Volatility stop (for upward breakout): $35.14 or 5.0% below the close.

Change YTD: 2.72%

Volume: 4,424,200 shares. 3 month avg: 5,449,098 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: Double Bottom, Adam and Adam reversal pattern from 12/21/2020 to 01/04/2021

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: Semiconductor

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

Industry RS rank: 13 out of 59

Stock RS rank: 42 out of 576

1/7/21 close: $115.45

1 Month avg volatility: $5.57. Volatility stop (for upward breakout): $103.11 or 10.7% below the close.

Change YTD: 9.02%

Volume: 3,052,600 shares. 3 month avg: 2,005,123 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: Flag, high and tight continuation pattern from 11/10/2020 to 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: Precision Instrument

Industry RS rank: 22 out of 59

Stock RS rank: 281 out of 576

1/7/21 close: $239.71

1 Month avg volatility: $4.67. Volatility stop (for downward breakout): $252.39 or 5.3% above the close.

Change YTD: 7.91%

Volume: 3,678,600 shares. 3 month avg: 2,378,355 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 11/30/2020 to 01/04/2021

Breakout 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: Insurance (Life)

Industry RS rank: 8 out of 59

Stock RS rank: 106 out of 576

1/7/21 close: $54.19

1 Month avg volatility: $0.99. Volatility stop (for upward breakout): $52.00 or 4.0% below the close.

Change YTD: 3.20%

Volume: 48,700 shares. 3 month avg: 24,305 shares.

This security may be thinly traded (less than 100k 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 12/04/2020 to 01/05/2021

Breakout 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: IT Services

Industry RS rank: 40 out of 59

Stock RS rank: 390 out of 576

1/7/21 close: $114.43

1 Month avg volatility: $2.26. Volatility stop (for upward breakout): $109.47 or 4.3% below the close.

Change YTD: 0.50%

Volume: 4,050,100 shares. 3 month avg: 915,811 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, Eve and Adam reversal pattern from 12/23/2020 to 01/04/2021

Breakout is upward 100% of the time.

Average rise: 35%.

Break-even failure rate: 4%.

Throwbacks occur 57% of the time.

Price hits measure rule target 66% of the time.

Industry: Food Processing

Industry RS rank: 48 out of 59

Stock RS rank: 439 out of 576

1/7/21 close: $25.93

1 Month avg volatility: $0.68. Volatility stop (for upward breakout): $24.27 or 6.4% below the close.

Change YTD: 7.73%

Volume: 165,000 shares. 3 month avg: 288,512 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 12/22/2020 to 01/04/2021

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: Building Materials

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

Industry RS rank: 28 out of 59

Stock RS rank: 211 out of 576

1/7/21 close: $7.16

1 Month avg volatility: $0.22. Volatility stop (for upward breakout): $6.58 or 8.1% below the close.

Change YTD: 4.37%

Volume: 15,300 shares. 3 month avg: 8,680 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 12/04/2020 to 01/05/2021

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: Insurance (Life)

Industry RS rank: 8 out of 59

Stock RS rank: 292 out of 576

1/7/21 close: $2.83

1 Month avg volatility: $0.20. Volatility stop (for downward breakout): $3.28 or 15.8% above the close.

Change YTD: -25.13%

Volume: 6,469,900 shares. 3 month avg: 4,022,160 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: Dead-cat bounce continuation pattern from 12/31/2020 to 01/04/2021

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Apparel

Industry RS rank: 1 out of 59

Stock RS rank: 14 out of 576

1/7/21 close: $22.98

1 Month avg volatility: $1.03. Volatility stop (for upward breakout): $20.58 or 10.5% below the close.

Change YTD: 1.59%

Volume: 700,900 shares. 3 month avg: 1,269,442 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: Flag, high and tight continuation pattern from 10/30/2020 to 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: Machinery

Industry RS rank: 21 out of 59

Stock RS rank: 261 out of 576

1/7/21 close: $208.24

1 Month avg volatility: $3.85. Volatility stop (for upward breakout): $194.51 or 6.6% below the close.

Change YTD: 4.54%

Volume: 373,200 shares. 3 month avg: 279,572 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, ascending reversal pattern from 11/18/2020 to 01/05/2021

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: Human Resources

Industry RS rank: 11 out of 59

Stock RS rank: 121 out of 576

1/7/21 close: $21.90

1 Month avg volatility: $0.87. Volatility stop (for upward breakout): $19.76 or 9.8% below the close.

Change YTD: 6.47%

Volume: 109,100 shares. 3 month avg: 173,600 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: Double Bottom, Adam and Adam reversal pattern from 12/21/2020 to 01/04/2021

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: Metal Fabricating

Industry RS rank: 3 out of 59

Stock RS rank: 135 out of 576

1/7/21 close: $40.41

1 Month avg volatility: $1.41. Volatility stop (for upward breakout): $37.29 or 7.7% below the close.

Change YTD: 11.51%

Volume: 620,700 shares. 3 month avg: 854,403 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: Scallop, ascending and inverted continuation pattern from 11/04/2020 to 01/04/2021

Breakout is upward 100% of the time.

Average rise: 43%.

Break-even failure rate: 4%.

Throwbacks occur 61% of the time.

Price hits measure rule target 61% of the time.

Industry: Furn/Home Furnishings

Industry RS rank: 16 out of 59

Stock RS rank: 373 out of 576

1/7/21 close: $12.86

1 Month avg volatility: $0.45. Volatility stop (for downward breakout): $13.91 or 8.2% above the close.

Change YTD: 7.62%

Volume: 169,700 shares. 3 month avg: 102,372 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: Broadening top, right-angled and ascending reversal pattern from 12/09/2020 to 01/06/2021

Breakout is downward 66% of the time.

Average decline: 15%.

Break-even failure rate: 20%.

Pullbacks occur 65% of the time.

Price hits measure rule target 32% of the time.

Industry: Furn/Home Furnishings

Industry RS rank: 16 out of 59

Stock RS rank: 75 out of 576

1/7/21 close: $34.36

1 Month avg volatility: $1.46. Volatility stop (for downward breakout): $38.16 or 11.1% above the close.

Change YTD: 1.66%

Volume: 716,000 shares. 3 month avg: 361,806 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: Scallop, descending continuation pattern from 12/16/2020 to 01/06/2021

Breakout is downward 66% of the time.

Average decline: 17%.

Break-even failure rate: 15%.

Pullbacks occur 55% of the time.

Price hits measure rule target 30% of the time.

Industry: Semiconductor

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

Industry RS rank: 13 out of 59

Stock RS rank: 275 out of 576

1/7/21 close: $533.76

1 Month avg volatility: $13.25. Volatility stop (for upward breakout): $488.96 or 8.4% below the close.

Change YTD: 2.21%

Volume: 11,402,800 shares. 3 month avg: 15,363,712 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: Rectangle top continuation pattern from 11/10/2020 to 01/07/2021

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: Advertising

Industry RS rank: 26 out of 59

Stock RS rank: 372 out of 576

1/7/21 close: $63.97

1 Month avg volatility: $1.68. Volatility stop (for upward breakout): $60.47 or 5.5% below the close.

Change YTD: 2.57%

Volume: 2,726,800 shares. 3 month avg: 2,548,395 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 12/21/2020 to 01/04/2021

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: Advertising

Industry RS rank: 26 out of 59

Stock RS rank: 151 out of 576

1/7/21 close: $19.67

1 Month avg volatility: $0.76. Volatility stop (for upward breakout): $17.66 or 10.2% below the close.

Change YTD: 0.56%

Volume: 1,833,700 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 top continuation pattern from 11/24/2020 to 01/07/2021

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: Computer Software and Svcs

Industry RS rank: 44 out of 59

Stock RS rank: 136 out of 576

1/7/21 close: $363.11

1 Month avg volatility: $8.79. Volatility stop (for downward breakout): $381.31 or 5.0% above the close.

Change YTD: 2.17%

Volume: 1,379,600 shares. 3 month avg: 1,496,697 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 top reversal pattern from 12/28/2020 to 12/28/2020

Breakout 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 (Life)

Industry RS rank: 8 out of 59

Stock RS rank: 82 out of 576

1/7/21 close: $117.53

1 Month avg volatility: $3.46. Volatility stop (for upward breakout): $110.53 or 6.0% below the close.

Change YTD: 1.41%

Volume: 456,500 shares. 3 month avg: 326,800 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: Double Bottom, Eve and Eve reversal pattern from 12/21/2020 to 01/04/2021

Breakout 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: Human Resources

Industry RS rank: 11 out of 59

Stock RS rank: 291 out of 576

1/7/21 close: $65.07

1 Month avg volatility: $1.41. Volatility stop (for upward breakout): $60.96 or 6.3% below the close.

Change YTD: 4.15%

Volume: 1,005,400 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: Double Bottom, Adam and Adam reversal pattern from 12/21/2020 to 01/04/2021

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: Oilfield Svcs/Equipment

Industry RS rank: 5 out of 59

Stock RS rank: 326 out of 576

1/7/21 close: $3.66

1 Month avg volatility: $0.22. Volatility stop (for upward breakout): $3.16 or 13.6% below the close.

Change YTD: 16.19%

Volume: 717,000 shares. 3 month avg: 1,275,503 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 bottom reversal pattern from 12/21/2020 to 12/28/2020

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: Oilfield Svcs/Equipment

Industry RS rank: 5 out of 59

Stock RS rank: 203 out of 576

1/7/21 close: $24.88

1 Month avg volatility: $0.85. Volatility stop (for upward breakout): $22.77 or 8.5% below the close.

Change YTD: 13.97%

Volume: 14,461,900 shares. 3 month avg: 8,320,412 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: Scallop, ascending continuation pattern from 12/17/2020 to 01/07/2021

Breakout is upward 80% of the time.

Average rise: 31%.

Break-even failure rate: 10%.

Throwbacks occur 58% of the time.

Price hits measure rule target 58% of the time.

Industry: Air Transport

Industry RS rank: 12 out of 59

Stock RS rank: 162 out of 576

1/7/21 close: $47.33

1 Month avg volatility: $1.30. Volatility stop (for upward breakout): $44.13 or 6.8% below the close.

Change YTD: 1.54%

Volume: 6,245,400 shares. 3 month avg: 5,071,869 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 12/21/2020 to 01/04/2021

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: Furn/Home Furnishings

Industry RS rank: 16 out of 59

Stock RS rank: 301 out of 576

1/7/21 close: $13.30

1 Month avg volatility: $0.67. Volatility stop (for downward breakout): $14.93 or 12.3% above the close.

Change YTD: -1.85%

Volume: 703,700 shares. 3 month avg: 708,518 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: Diamond top reversal pattern from 12/04/2020 to 01/07/2021

Breakout is downward 69% of the time.

Average decline: 21%.

Break-even failure rate: 6%.

Pullbacks occur 57% of the time.

Price hits measure rule target 76% of the time.

Industry: Electronics

Industry RS rank: 4 out of 59

Stock RS rank: 37 out of 576

1/7/21 close: $29.24

1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $19.45 or 33.5% below the close.

Change YTD: 41.12%

Volume: 9,257,300 shares. 3 month avg: 835,520 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 11/05/2020 to 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: Cement and Aggregates

Industry RS rank: 10 out of 59

Stock RS rank: 149 out of 576

1/7/21 close: $23.92

1 Month avg volatility: $0.85. Volatility stop (for upward breakout): $22.01 or 8.0% below the close.

Change YTD: 19.12%

Volume: 1,761,900 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 Thursday.

 

Chart pattern: Scallop, ascending continuation pattern from 12/04/2020 to 01/06/2021

Breakout is upward 80% of the time.

Average rise: 31%.

Break-even failure rate: 10%.

Throwbacks occur 58% of the time.

Price hits measure rule target 58% of the time.

Industry: Computer Software and Svcs

Industry RS rank: 44 out of 59

Stock RS rank: 294 out of 576

1/7/21 close: $258.84

1 Month avg volatility: $5.82. Volatility stop (for downward breakout): $271.07 or 4.7% above the close.

Change YTD: -0.15%

Volume: 717,100 shares. 3 month avg: 998,728 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: Broadening top reversal pattern from 12/22/2020 to 01/06/2021

Breakout 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: Retail Store

Industry RS rank: 23 out of 59

Stock RS rank: 84 out of 576

1/7/21 close: $191.10

1 Month avg volatility: $3.19. Volatility stop (for upward breakout): $182.79 or 4.4% below the close.

Change YTD: 8.25%

Volume: 4,221,900 shares. 3 month avg: 6,916,209 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: Scallop, ascending continuation pattern from 12/01/2020 to 01/07/2021

Breakout is upward 80% of the time.

Average rise: 31%.

Break-even failure rate: 10%.

Throwbacks occur 58% of the time.

Price hits measure rule target 58% of the time.

Industry: Furn/Home Furnishings

Industry RS rank: 16 out of 59

Stock RS rank: 120 out of 576

1/7/21 close: $27.95

1 Month avg volatility: $0.93. Volatility stop (for upward breakout): $25.73 or 7.9% below the close.

Change YTD: 3.52%

Volume: 991,700 shares. 3 month avg: 985,960 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: Scallop, ascending and inverted continuation pattern from 12/10/2020 to 01/04/2021

Breakout is upward 100% of the time.

Average rise: 43%.

Break-even failure rate: 4%.

Throwbacks occur 61% of the time.

Price hits measure rule target 61% of the time.

Industry: Diversified Co.

Industry RS rank: 39 out of 59

Stock RS rank: 118 out of 576

1/7/21 close: $48.80

1 Month avg volatility: $1.17. Volatility stop (for upward breakout): $44.36 or 9.1% below the close.

Change YTD: 0.97%

Volume: 1,292,900 shares. 3 month avg: 1,461,508 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, ascending reversal pattern from 11/24/2020 to 01/07/2021

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: Oilfield Svcs/Equipment

Industry RS rank: 5 out of 59

Stock RS rank: 212 out of 576

1/7/21 close: $2.77

1 Month avg volatility: $0.22. Volatility stop (for upward breakout): $2.20 or 20.7% below the close.

Change YTD: 19.91%

Volume: 36,033,100 shares. 3 month avg: 13,612,100 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 12/21/2020 to 12/28/2020

WARNING: A dead-cat bounce occurred on 08/20/2020. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 02/18/2021.

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.