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%
|
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
|
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%
| |
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
| ||
Copyright © 2021 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns ending between 08/05/2021 and 08/12/2021. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: Electric Utility (Central)Industry RS rank: 33 out of 60Stock RS rank: 267 out of 5728/12/21 close: $88.951 Month avg volatility: $1.49. Volatility stop (for downward breakout): $92.47 or 4.0% above the close.Change YTD: 6.82%Volume: 1,611,100 shares. 3 month avg: 2,150,485 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: Diamond top reversal pattern from 07/28/2021 to 08/12/2021Breakout 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 MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 28 out of 60Stock RS rank: 542 out of 5728/12/21 close: $77.471 Month avg volatility: $1.93. Volatility stop (for upward breakout): $72.92 or 5.9% below the close.Change YTD: -17.45%Volume: 89,300 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: Double Bottom, Eve and Eve reversal pattern from 07/19/2021 to 08/09/2021Breakout 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: Precision InstrumentIndustry RS rank: 12 out of 60Stock RS rank: 421 out of 5728/12/21 close: $104.621 Month avg volatility: $2.28. Volatility stop (for downward breakout): $109.28 or 4.5% above the close.Change YTD: 11.23%Volume: 73,300 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: Rising wedge reversal pattern from 07/19/2021 to 08/12/2021Breakout 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: NoneIndustry RS rank: 30 out of 608/12/21 close: $14,900.481 Month avg volatility: $220.53. Volatility stop (for upward breakout): $14,323.42 or 3.9% below the close.Change YTD: 19.14%Volume: 84,081,600 shares. 3 month avg: 95,141,040 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: Triangle, symmetrical continuation pattern from 07/19/2021 to 08/09/2021Breakout 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: ApparelIndustry RS rank: 18 out of 60Stock RS rank: 69 out of 5728/12/21 close: $30.001 Month avg volatility: $1.30. Volatility stop (for upward breakout): $26.96 or 10.1% below the close.Change YTD: 48.59%Volume: 4,513,200 shares. 3 month avg: 5,662,882 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: Horn bottom reversal pattern from 07/19/2021 to 08/02/2021Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 9%.Throwbacks occur 29% of the time.Price hits measure rule target 76% of the time.
Industry: BiotechnologyIndustry RS rank: 34 out of 60Stock RS rank: 365 out of 5728/12/21 close: $70.881 Month avg volatility: $1.03. Volatility stop (for upward breakout): $67.69 or 4.5% below the close.Change YTD: 21.66%Volume: 5,902,800 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: Double Bottom, Adam and Adam reversal pattern from 08/02/2021 to 08/10/2021Breakout 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: Medical SuppliesIndustry RS rank: 20 out of 60Stock RS rank: 463 out of 5728/12/21 close: $76.811 Month avg volatility: $1.51. Volatility stop (for upward breakout): $73.61 or 4.2% below the close.Change YTD: 5.46%Volume: 1,208,000 shares. 3 month avg: 3,130,522 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: Cup with handle continuation pattern from 04/13/2021 to 08/12/2021Breakout 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: ElectronicsIndustry RS rank: 56 out of 60Stock RS rank: 245 out of 5728/12/21 close: $91.801 Month avg volatility: $2.84. Volatility stop (for downward breakout): $97.57 or 6.3% above the close.Change YTD: 13.07%Volume: 161,100 shares. 3 month avg: 128,783 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 top reversal pattern from 07/26/2021 to 08/02/2021Breakout 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: 39 out of 60Stock RS rank: 174 out of 5728/12/21 close: $127.641 Month avg volatility: $4.86. Volatility stop (for upward breakout): $115.62 or 9.4% below the close.Change YTD: 29.06%Volume: 47,700 shares. 3 month avg: 141,669 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: Ugly double bottom reversal pattern from 07/22/2021 to 08/10/2021Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 7 out of 60Stock RS rank: 502 out of 5728/12/21 close: $36.441 Month avg volatility: $0.92. Volatility stop (for upward breakout): $33.68 or 7.6% below the close.Change YTD: -8.53%Volume: 359,000 shares. 3 month avg: 437,505 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: Triangle, ascending reversal pattern from 07/19/2021 to 08/06/2021Breakout 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: Petroleum (Integrated)Industry RS rank: 26 out of 60Stock RS rank: 51 out of 5728/12/21 close: $12.401 Month avg volatility: $0.50. Volatility stop (for upward breakout): $11.13 or 10.3% below the close.Change YTD: 85.91%Volume: 8,893,000 shares. 3 month avg: 12,845,475 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: Horn bottom reversal pattern from 07/19/2021 to 08/02/2021Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 9%.Throwbacks occur 29% of the time.Price hits measure rule target 76% of the time.
Industry: Telecom. EquipmentIndustry RS rank: 53 out of 60Stock RS rank: 530 out of 5728/12/21 close: $35.361 Month avg volatility: $1.15. Volatility stop (for upward breakout): $32.65 or 7.7% below the close.Change YTD: -12.97%Volume: 207,300 shares. 3 month avg: 452,812 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: Ugly double bottom reversal pattern from 07/22/2021 to 08/09/2021Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Natural Gas (Distributor)Industry RS rank: 35 out of 60Stock RS rank: 399 out of 5728/12/21 close: $38.481 Month avg volatility: $0.87. Volatility stop (for upward breakout): $36.53 or 5.1% below the close.Change YTD: 8.24%Volume: 289,700 shares. 3 month avg: 632,043 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: Triangle, symmetrical continuation pattern from 07/12/2021 to 08/12/2021Breakout 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: Electric Utility (East)Industry RS rank: 46 out of 60Stock RS rank: 443 out of 5728/12/21 close: $83.001 Month avg volatility: $1.28. Volatility stop (for upward breakout): $79.28 or 4.5% below the close.Change YTD: 7.58%Volume: 6,762,200 shares. 3 month avg: 1,582,705 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: Rounding bottom continuation pattern from 04/16/2021 to 08/11/2021Breakout is upward 100% of the time.Average rise: 43%.Break-even failure rate: 5%.Throwbacks occur 40% of the time.Price hits measure rule target 57% of the time.
Industry: Electric Utility (Central)Industry RS rank: 33 out of 60Stock RS rank: 244 out of 5728/12/21 close: $25.291 Month avg volatility: $0.45. Volatility stop (for upward breakout): $24.32 or 3.9% below the close.Change YTD: 10.24%Volume: 1,719,600 shares. 3 month avg: 2,389,146 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: Triangle, symmetrical continuation pattern from 06/15/2021 to 08/12/2021Breakout 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: Aerospace/DefenseIndustry RS rank: 23 out of 60Stock RS rank: 165 out of 5728/12/21 close: $363.861 Month avg volatility: $5.08. Volatility stop (for upward breakout): $350.85 or 3.6% below the close.Change YTD: 19.41%Volume: 506,400 shares. 3 month avg: 756,831 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 07/13/2021 to 08/12/2021Breakout 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: Electric Utility (West)Industry RS rank: 40 out of 60Stock RS rank: 191 out of 5728/12/21 close: $50.221 Month avg volatility: $0.91. Volatility stop (for upward breakout): $48.19 or 4.0% below the close.Change YTD: 17.42%Volume: 226,900 shares. 3 month avg: 771,474 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 bottom reversal pattern from 05/14/2021 to 08/06/2021Breakout 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 (Diversified)Industry RS rank: 11 out of 60Stock RS rank: 124 out of 5728/12/21 close: $170.391 Month avg volatility: $2.97. Volatility stop (for upward breakout): $161.92 or 5.0% below the close.Change YTD: 18.15%Volume: 906,200 shares. 3 month avg: 1,342,054 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: Ugly double bottom reversal pattern from 07/20/2021 to 08/09/2021Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: HomebuildingIndustry RS rank: 19 out of 60Stock RS rank: 308 out of 5728/12/21 close: $60.771 Month avg volatility: $1.63. Volatility stop (for upward breakout): $56.67 or 6.8% below the close.Change YTD: 39.80%Volume: 1,294,500 shares. 3 month avg: 2,237,614 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: Ugly double bottom reversal pattern from 07/19/2021 to 08/10/2021Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Electric Utility (West)Industry RS rank: 40 out of 60Stock RS rank: 282 out of 5728/12/21 close: $68.791 Month avg volatility: $1.11. Volatility stop (for upward breakout): $66.35 or 3.5% below the close.Change YTD: 3.18%Volume: 2,074,500 shares. 3 month avg: 3,202,808 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 07/19/2021 to 08/12/2021Breakout 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.
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