As of 01/29/2025   Indus: 44,714 -136.83 -0.3%     Trans: 16,658 -36.17 -0.2%     Utils: 982 -1.68 -0.2%     Nasdaq: 19,632 -101.27 -0.5%     S&P 500: 6,039 -28.39 -0.5%	YTD  +5.1%    +4.8%   0.0%    +1.7%    +2.7%	Targets    Overview: 01/15/2025     44,000 or 45,250 by 02/15/2025   17,200 or 15,700 by 02/01/2025   1,050 or 950 by 02/01/2025   20,500 or 18,670 by 02/01/2025   6,200 or 5,900 by 02/01/2025
Chart Pattern Indicator: on 1/13/25

As of 01/29/2025   Indus: 44,714 -136.83 -0.3%     Trans: 16,658 -36.17 -0.2%     Utils: 982 -1.68 -0.2%     Nasdaq: 19,632 -101.27 -0.5%     S&P 500: 6,039 -28.39 -0.5%	YTD  +5.1%    +4.8%   0.0%    +1.7%    +2.7%
Targets    Overview: 01/15/2025     44,000 or 45,250 by 02/15/2025   17,200 or 15,700 by 02/01/2025   1,050 or 950 by 02/01/2025   20,500 or 18,670 by 02/01/2025   6,200 or 5,900 by 02/01/2025
Chart Pattern Indicator: on 1/13/25

Patterns for the Weekend Details

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

Weekly screen for chart patterns ending between 07/01/2021 and 07/08/2021. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Industry: Apparel

Industry RS rank: 9 out of 59

Stock RS rank: 24 out of 572

7/8/21 close: $34.94

1 Month avg volatility: $1.32. Volatility stop (for downward breakout): $37.99 or 8.7% above the close.

Change YTD: 74.09%

Volume: 7,938,100 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: Bump-and-run reversal, top reversal pattern from 06/04/2021 to 07/08/2021

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 5%.

Pullbacks occur 62% of the time.

Price hits measure rule target 78% of the time.

Industry: Packaging and Container

Industry RS rank: 40 out of 59

Stock RS rank: 435 out of 572

7/8/21 close: $139.27

1 Month avg volatility: $1.93. Volatility stop (for downward breakout): $144.46 or 3.7% above the close.

Change YTD: 1.74%

Volume: 154,200 shares. 3 month avg: 241,254 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: Rectangle bottom continuation pattern from 06/18/2021 to 07/02/2021

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 (Diversified)

Industry RS rank: 51 out of 59

Stock RS rank: 190 out of 572

7/8/21 close: $56.62

1 Month avg volatility: $1.37. Volatility stop (for upward breakout): $53.51 or 5.5% below the close.

Change YTD: 26.16%

Volume: 383,900 shares. 3 month avg: 325,852 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: Diamond bottom reversal pattern from 06/22/2021 to 07/07/2021

Breakout is upward 69% of the time.

Average rise: 36%.

Break-even failure rate: 4%.

Throwbacks occur 53% of the time.

Price hits measure rule target 81% of the time.

Industry: Petroleum (Integrated)

Industry RS rank: 6 out of 59

Stock RS rank: 82 out of 572

7/8/21 close: $60.14

1 Month avg volatility: $1.48. Volatility stop (for downward breakout): $63.67 or 5.9% above the close.

Change YTD: 45.90%

Volume: 18,887,900 shares. 3 month avg: 15,538,298 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: Rising wedge reversal pattern from 03/11/2021 to 07/02/2021

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: Biotechnology

Industry RS rank: 13 out of 59

Stock RS rank: 308 out of 572

7/8/21 close: $67.69

1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $65.42 or 3.4% below the close.

Change YTD: 16.19%

Volume: 4,967,900 shares. 3 month avg: 8,272,228 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: Triangle, symmetrical continuation pattern from 05/21/2021 to 07/08/2021

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: 36 out of 59

Stock RS rank: 85 out of 572

7/8/21 close: $34.92

1 Month avg volatility: $1.08. Volatility stop (for upward breakout): $32.23 or 7.7% below the close.

Change YTD: 46.48%

Volume: 72,900 shares. 3 month avg: 80,035 shares.

This security may be thinly traded (less than 100k 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, symmetrical continuation pattern from 06/18/2021 to 07/07/2021

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: Advertising

Industry RS rank: 10 out of 59

Stock RS rank: 192 out of 572

7/8/21 close: $23.72

1 Month avg volatility: $0.64. Volatility stop (for upward breakout): $22.15 or 6.6% below the close.

Change YTD: 21.27%

Volume: 1,616,500 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, ascending reversal pattern from 05/04/2021 to 07/07/2021

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: Internet

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

Industry RS rank: 23 out of 59

Stock RS rank: 64 out of 572

7/8/21 close: $13.07

1 Month avg volatility: $0.72. Volatility stop (for upward breakout): $11.26 or 13.8% below the close.

Change YTD: 38.45%

Volume: 106,700 shares. 3 month avg: 22,411 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 Tuesday.

 

Chart pattern: Broadening bottom reversal pattern from 06/14/2021 to 07/02/2021

Breakout 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: Natural Gas (Distributor)

Industry RS rank: 16 out of 59

Stock RS rank: 153 out of 572

7/8/21 close: $26.24

1 Month avg volatility: $0.50. Volatility stop (for downward breakout): $27.46 or 4.6% above the close.

Change YTD: 30.87%

Volume: 6,400,500 shares. 3 month avg: 4,990,974 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 06/18/2021 to 07/07/2021

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.