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 06/10/2021 and 06/17/2021. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Industry: Electronics

Industry RS rank: 32 out of 59

Stock RS rank: 6 out of 572

6/17/21 close: $29.02

1 Month avg volatility: $2.25. Volatility stop (for upward breakout): $23.05 or 20.6% below the close.

Change YTD: 176.91%

Volume: 3,174,400 shares. 3 month avg: 3,031,971 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: Scallop, ascending and inverted continuation pattern from 05/10/2021 to 06/16/2021

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: Medical Services

Industry RS rank: 50 out of 59

Stock RS rank: 545 out of 572

6/17/21 close: $241.26

1 Month avg volatility: $6.56. Volatility stop (for downward breakout): $256.84 or 6.5% above the close.

Change YTD: -17.75%

Volume: 249,000 shares. 3 month avg: 412,928 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: Rectangle bottom continuation pattern from 05/05/2021 to 06/14/2021

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: Packaging and Container

Industry RS rank: 42 out of 59

Stock RS rank: 94 out of 572

6/17/21 close: $208.57

1 Month avg volatility: $3.87. Volatility stop (for upward breakout): $197.12 or 5.5% below the close.

Change YTD: 34.47%

Volume: 380,700 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: Rectangle top continuation pattern from 04/29/2021 to 06/14/2021

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: Precision Instrument

Industry RS rank: 25 out of 59

Stock RS rank: 411 out of 572

6/17/21 close: $95.11

1 Month avg volatility: $1.70. Volatility stop (for downward breakout): $99.91 or 5.1% above the close.

Change YTD: 1.12%

Volume: 105,700 shares. 3 month avg: 149,246 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: Rectangle bottom continuation pattern from 03/22/2021 to 06/17/2021

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: Shoe

Industry RS rank: 17 out of 59

Stock RS rank: 23 out of 572

6/17/21 close: $75.67

1 Month avg volatility: $3.14. Volatility stop (for upward breakout): $67.74 or 10.5% below the close.

Change YTD: 74.52%

Volume: 471,500 shares. 3 month avg: 434,749 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: Triangle, symmetrical continuation pattern from 05/18/2021 to 06/16/2021

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: Natural Gas (Diversified)

Industry RS rank: 26 out of 59

Stock RS rank: 531 out of 572

6/17/21 close: $15.91

1 Month avg volatility: $0.50. Volatility stop (for upward breakout): $14.86 or 6.6% below the close.

Change YTD: -2.27%

Volume: 11,550,000 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: Triangle, symmetrical continuation pattern from 03/29/2021 to 06/16/2021

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: 50 out of 59

Stock RS rank: 207 out of 572

6/17/21 close: $74.31

1 Month avg volatility: $1.46. Volatility stop (for upward breakout): $69.20 or 6.9% below the close.

Change YTD: 23.79%

Volume: 8,739,500 shares. 3 month avg: 1,816,006 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: Scallop, ascending and inverted continuation pattern from 04/28/2021 to 06/15/2021

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: Electric Utility (East)

Industry RS rank: 54 out of 59

Stock RS rank: 422 out of 572

6/17/21 close: $76.28

1 Month avg volatility: $0.92. Volatility stop (for downward breakout): $78.51 or 2.9% above the close.

Change YTD: 5.55%

Volume: 2,589,100 shares. 3 month avg: 1,605,666 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 05/05/2021 to 06/16/2021

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: Retail Store

Industry RS rank: 14 out of 59

Stock RS rank: 446 out of 572

6/17/21 close: $384.75

1 Month avg volatility: $5.02. Volatility stop (for downward breakout): $396.52 or 3.1% above the close.

Change YTD: 2.12%

Volume: 1,672,700 shares. 3 month avg: 3,225,345 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: Triangle, descending reversal pattern from 05/18/2021 to 06/17/2021

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: Human Resources

Industry RS rank: 10 out of 59

Stock RS rank: 18 out of 572

6/17/21 close: $18.50

1 Month avg volatility: $0.70. Volatility stop (for upward breakout): $16.92 or 8.6% below the close.

Change YTD: 108.57%

Volume: 520,900 shares. 3 month avg: 226,311 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 continuation pattern from 05/10/2021 to 06/17/2021

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: Shoe

Industry RS rank: 17 out of 59

Stock RS rank: 389 out of 572

6/17/21 close: $325.61

1 Month avg volatility: $9.70. Volatility stop (for upward breakout): $302.06 or 7.2% below the close.

Change YTD: 13.54%

Volume: 445,600 shares. 3 month avg: 637,325 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 02/02/2021 to 06/17/2021

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: Metal Fabricating

Industry RS rank: 28 out of 59

Stock RS rank: 204 out of 572

6/17/21 close: $56.03

1 Month avg volatility: $2.52. Volatility stop (for downward breakout): $65.43 or 16.8% above the close.

Change YTD: 29.55%

Volume: 205,200 shares. 3 month avg: 60,208 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: Double Top, Adam and Adam reversal pattern from 06/04/2021 to 06/14/2021

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: Electric Utility (East)

Industry RS rank: 54 out of 59

Stock RS rank: 203 out of 572

6/17/21 close: $37.72

1 Month avg volatility: $0.48. Volatility stop (for downward breakout): $39.31 or 4.2% above the close.

Change YTD: 23.23%

Volume: 2,414,000 shares. 3 month avg: 4,155,280 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: Rising wedge reversal pattern from 05/10/2021 to 06/14/2021

Breakout is downward 69% of the time.

Average decline: 14%.

Break-even failure rate: 24%.

Pullbacks occur 63% of the time.

Price hits measure rule target 46% of the time.

Industry: Electronics

Industry RS rank: 32 out of 59

Stock RS rank: 462 out of 572

6/17/21 close: $17.53

1 Month avg volatility: $0.40. Volatility stop (for upward breakout): $16.41 or 6.4% below the close.

Change YTD: -2.50%

Volume: 2,879,300 shares. 3 month avg: 3,241,565 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 03/01/2021 to 06/16/2021

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: Securities Brokerage

Industry RS rank: 4 out of 59

Stock RS rank: 60 out of 572

6/17/21 close: $361.50

1 Month avg volatility: $7.69. Volatility stop (for downward breakout): $388.90 or 7.6% above the close.

Change YTD: 37.08%

Volume: 4,112,000 shares. 3 month avg: 2,673,269 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: Pipe top reversal pattern from 06/01/2021 to 06/07/2021

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: Metals and Mining (Div.)

Industry RS rank: 23 out of 59

Stock RS rank: 100 out of 572

6/17/21 close: $7.97

1 Month avg volatility: $0.40. Volatility stop (for downward breakout): $9.26 or 16.2% above the close.

Change YTD: 22.99%

Volume: 16,823,300 shares. 3 month avg: 4,539,271 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 Eve reversal pattern from 06/01/2021 to 06/14/2021

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: Aerospace/Defense

Industry RS rank: 30 out of 59

Stock RS rank: 461 out of 572

6/17/21 close: $216.29

1 Month avg volatility: $3.14. Volatility stop (for upward breakout): $208.44 or 3.6% below the close.

Change YTD: 1.69%

Volume: 2,305,200 shares. 3 month avg: 2,744,942 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: Broadening top, right-angled and descending continuation pattern from 04/16/2021 to 06/17/2021

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: Electronics

Industry RS rank: 32 out of 59

Stock RS rank: 244 out of 572

6/17/21 close: $92.99

1 Month avg volatility: $2.28. Volatility stop (for upward breakout): $87.02 or 6.4% below the close.

Change YTD: 14.53%

Volume: 258,100 shares. 3 month avg: 175,968 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 06/01/2021 to 06/07/2021

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.

Industry: Advertising

Industry RS rank: 11 out of 59

Stock RS rank: 114 out of 572

6/17/21 close: $32.43

1 Month avg volatility: $0.71. Volatility stop (for downward breakout): $35.20 or 8.5% above the close.

Change YTD: 37.88%

Volume: 3,533,000 shares. 3 month avg: 6,516,800 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 Top, Eve and Eve reversal pattern from 06/01/2021 to 06/14/2021

Breakout is downward 100% of the time.

Average decline: 18%.

Break-even failure rate: 11%.

Pullbacks occur 59% of the time.

Price hits measure rule target 73% of the time.

Industry: Aerospace/Defense

Industry RS rank: 30 out of 59

Stock RS rank: 242 out of 572

6/17/21 close: $220.38

1 Month avg volatility: $3.09. Volatility stop (for downward breakout): $229.10 or 4.0% above the close.

Change YTD: 16.59%

Volume: 1,734,200 shares. 3 month avg: 1,674,089 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: Rising wedge reversal pattern from 05/10/2021 to 06/15/2021

Breakout is downward 69% of the time.

Average decline: 14%.

Break-even failure rate: 24%.

Pullbacks occur 63% of the time.

Price hits measure rule target 46% of the time.

Industry: Human Resources

Industry RS rank: 10 out of 59

Stock RS rank: 140 out of 572

6/17/21 close: $117.05

1 Month avg volatility: $2.36. Volatility stop (for upward breakout): $111.44 or 4.8% below the close.

Change YTD: 29.80%

Volume: 519,900 shares. 3 month avg: 461,820 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 05/25/2021 to 06/11/2021

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: None

Industry RS rank: 37 out of 59

6/17/21 close: $14,161.35

1 Month avg volatility: $135.90. Volatility stop (for upward breakout): $13,727.12 or 3.1% below the close.

Change YTD: 9.88%

Volume: 0 shares. Could not calculate the 3 month avg volume.

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 02/16/2021 to 06/15/2021

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: Chemical (Specialty)

Industry RS rank: 58 out of 59

Stock RS rank: 381 out of 572

6/17/21 close: $14.95

1 Month avg volatility: $0.40. Volatility stop (for downward breakout): $16.29 or 9.0% above the close.

Change YTD: 11.48%

Volume: 78,700 shares. 3 month avg: 70,862 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 Tuesday.

 

Chart pattern: Double Top, Adam and Adam reversal pattern from 06/01/2021 to 06/16/2021

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: Electric Utility (East)

Industry RS rank: 54 out of 59

Stock RS rank: 440 out of 572

6/17/21 close: $28.60

1 Month avg volatility: $0.35. Volatility stop (for upward breakout): $27.77 or 2.9% below the close.

Change YTD: 1.42%

Volume: 5,065,700 shares. 3 month avg: 3,908,818 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: Rectangle top continuation pattern from 03/24/2021 to 06/17/2021

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: Securities Brokerage

Industry RS rank: 4 out of 59

Stock RS rank: 103 out of 572

6/17/21 close: $127.38

1 Month avg volatility: $2.88. Volatility stop (for downward breakout): $137.69 or 8.1% above the close.

Change YTD: 33.15%

Volume: 831,300 shares. 3 month avg: 692,654 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 05/10/2021 to 06/13/2021

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: Natural Gas (Distributor)

Industry RS rank: 12 out of 59

Stock RS rank: 454 out of 572

6/17/21 close: $65.78

1 Month avg volatility: $1.21. Volatility stop (for downward breakout): $68.81 or 4.6% above the close.

Change YTD: 8.28%

Volume: 219,500 shares. 3 month avg: 213,628 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: Broadening top, right-angled and ascending reversal pattern from 05/27/2021 to 06/17/2021

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: Natural Gas (Diversified)

Industry RS rank: 26 out of 59

Stock RS rank: 39 out of 572

6/17/21 close: $5.05

1 Month avg volatility: $0.25. Volatility stop (for downward breakout): $6.03 or 19.3% above the close.

Change YTD: 69.46%

Volume: 22,921,200 shares. 3 month avg: 16,683,949 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: Double Top, Adam and Eve reversal pattern from 06/02/2021 to 06/11/2021

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: Chemical (Specialty)

Industry RS rank: 58 out of 59

Stock RS rank: 564 out of 572

6/17/21 close: $14.83

1 Month avg volatility: $0.41. Volatility stop (for downward breakout): $16.14 or 8.8% above the close.

Change YTD: -11.20%

Volume: 229,000 shares. 3 month avg: 64,734 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 Monday.

 

Chart pattern: Double Top, Adam and Adam reversal pattern from 05/18/2021 to 06/15/2021

WARNING: A dead-cat bounce occurred on 12/21/2020. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 06/21/2021.

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: Chemical (Basic)

Industry RS rank: 43 out of 59

Stock RS rank: 270 out of 572

6/17/21 close: $93.95

1 Month avg volatility: $2.68. Volatility stop (for downward breakout): $103.26 or 9.9% above the close.

Change YTD: 15.13%

Volume: 586,100 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: Pipe top reversal pattern from 06/01/2021 to 06/07/2021

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: Computers and Peripherals

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

Industry RS rank: 13 out of 59

Stock RS rank: 126 out of 572

6/17/21 close: $502.09

1 Month avg volatility: $8.49. Volatility stop (for upward breakout): $482.04 or 4.0% below the close.

Change YTD: 30.64%

Volume: 189,400 shares. 3 month avg: 395,197 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: Rectangle top continuation pattern from 02/24/2021 to 06/17/2021

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.