As of 04/18/2024   Indus: 37,775 +22.07 +0.1%     Trans: 14,947 -39.62 -0.3%     Utils: 860 +6.95 +0.8%     Nasdaq: 15,602 -81.87 -0.5%     S&P 500: 5,011 -11.09 -0.2%	YTD  +0.2%   -6.0%   -2.4%    +3.9%    +5.1%	Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/1/24

As of 04/18/2024   Indus: 37,775 +22.07 +0.1%     Trans: 14,947 -39.62 -0.3%     Utils: 860 +6.95 +0.8%     Nasdaq: 15,602 -81.87 -0.5%     S&P 500: 5,011 -11.09 -0.2%	YTD  +0.2%   -6.0%   -2.4%    +3.9%    +5.1%
Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/1/24

Patterns for the Weekend Details

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

Weekly screen for chart patterns ending between 06/17/2021 and 06/24/2021. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Industry: Electronics

Industry RS rank: 36 out of 59

Stock RS rank: 5 out of 572

6/24/21 close: $38.12

1 Month avg volatility: $2.48. Volatility stop (for upward breakout): $31.22 or 18.1% below the close.

Change YTD: 263.74%

Volume: 6,160,700 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: Flag, high and tight continuation pattern from 05/10/2021 to 06/24/2021

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: 28 out of 59

Stock RS rank: 249 out of 572

6/24/21 close: $32.62

1 Month avg volatility: $0.92. Volatility stop (for downward breakout): $34.83 or 6.8% above the close.

Change YTD: 17.93%

Volume: 597,200 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: Diamond top reversal pattern from 06/08/2021 to 06/24/2021

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: Precision Instrument

Industry RS rank: 27 out of 59

Stock RS rank: 462 out of 572

6/24/21 close: $95.51

1 Month avg volatility: $1.75. Volatility stop (for downward breakout): $99.29 or 4.0% above the close.

Change YTD: 1.54%

Volume: 72,400 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 06/24/2021

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: Chemical (Specialty)

Industry RS rank: 58 out of 59

Stock RS rank: 270 out of 572

6/24/21 close: $131.61

1 Month avg volatility: $2.09. Volatility stop (for upward breakout): $126.25 or 4.1% below the close.

Change YTD: 14.22%

Volume: 195,600 shares. 3 month avg: 82,003 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 05/06/2021 to 06/24/2021

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: Shoe

Industry RS rank: 10 out of 59

Stock RS rank: 228 out of 572

6/24/21 close: $355.88

1 Month avg volatility: $9.36. Volatility stop (for upward breakout): $328.49 or 7.7% below the close.

Change YTD: 24.10%

Volume: 335,200 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 06/24/2021

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: Information Services

Industry RS rank: 32 out of 59

Stock RS rank: 470 out of 572

6/24/21 close: $330.63

1 Month avg volatility: $5.41. Volatility stop (for upward breakout): $317.93 or 3.8% below the close.

Change YTD: -0.56%

Volume: 136,900 shares. 3 month avg: 411,949 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 05/19/2021 to 06/24/2021

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: Building Materials

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

Industry RS rank: 21 out of 59

Stock RS rank: 9 out of 572

6/24/21 close: $15.33

1 Month avg volatility: $0.73. Volatility stop (for upward breakout): $12.66 or 17.4% below the close.

Change YTD: 123.47%

Volume: 368,800 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: Flag, high and tight continuation pattern from 04/30/2021 to 06/24/2021

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: IT Services

Industry RS rank: 40 out of 59

Stock RS rank: 426 out of 572

6/24/21 close: $164.45

1 Month avg volatility: $2.41. Volatility stop (for upward breakout): $158.79 or 3.4% below the close.

Change YTD: 1.52%

Volume: 451,300 shares. 3 month avg: 329,005 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 04/23/2021 to 06/24/2021

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: Medical Supplies

Industry RS rank: 49 out of 59

Stock RS rank: 115 out of 572

6/24/21 close: $41.75

1 Month avg volatility: $2.35. Volatility stop (for downward breakout): $46.98 or 12.5% above the close.

Change YTD: 54.34%

Volume: 970,300 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: Pipe top reversal pattern from 06/07/2021 to 06/14/2021

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: Computer Software and Svcs

Industry RS rank: 56 out of 59

Stock RS rank: 465 out of 572

6/24/21 close: $372.60

1 Month avg volatility: $7.65. Volatility stop (for upward breakout): $354.74 or 4.8% below the close.

Change YTD: 4.84%

Volume: 601,100 shares. 3 month avg: 1,496,697 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, ascending reversal pattern from 04/15/2021 to 06/24/2021

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: Biotechnology

Industry RS rank: 20 out of 59

Stock RS rank: 109 out of 572

6/24/21 close: $439.51

1 Month avg volatility: $12.22. Volatility stop (for downward breakout): $474.44 or 8.0% above the close.

Change YTD: 38.41%

Volume: 154,200 shares. 3 month avg: 150,611 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: Diamond top reversal pattern from 06/14/2021 to 06/24/2021

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: Building Materials

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

Industry RS rank: 21 out of 59

Stock RS rank: 256 out of 572

6/24/21 close: $100.76

1 Month avg volatility: $2.38. Volatility stop (for upward breakout): $94.73 or 6.0% below the close.

Change YTD: 20.35%

Volume: 364,900 shares. 3 month avg: 245,355 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: Double Bottom, Adam and Adam reversal pattern from 06/03/2021 to 06/18/2021

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: Electronics

Industry RS rank: 36 out of 59

Stock RS rank: 512 out of 572

6/24/21 close: $122.13

1 Month avg volatility: $4.22. Volatility stop (for upward breakout): $112.41 or 8.0% below the close.

Change YTD: -2.70%

Volume: 133,700 shares. 3 month avg: 325,660 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 and inverted continuation pattern from 05/19/2021 to 06/18/2021

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: Computers and Peripherals

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

Industry RS rank: 16 out of 59

Stock RS rank: 121 out of 572

6/24/21 close: $510.39

1 Month avg volatility: $8.41. Volatility stop (for upward breakout): $484.69 or 5.0% below the close.

Change YTD: 32.80%

Volume: 258,500 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 06/24/2021

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.

 

Support this site! Clicking any of the books (below) takes you to Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."

My Stock Market Books Invest for Two-Comma Wealth   Chart Patterns: After the Buy Encyclopedia of Chart Pattern, 3rd Edition Fundamental Analysis and Position Trading Getting Started in Chart Patterns, 2nd Edition Swing and Day Trading Trading Basics

My Novels Training Miles   Bumper's Story Head's Law Remember Me

Copyright © 2005-2024 by Thomas N. Bulkowski. All rights reserved.

Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.

Some pattern names are registered trademarks of their respective owners.

Home Advertise Contact Donate Privacy/Disclaimer ☰