As of 12/27/2024   Indus: 42,992 -333.59 -0.8%     Trans: 16,031 -73.46 -0.5%     Utils: 987 -4.51 -0.5%     Nasdaq: 19,722 -298.33 -1.5%     S&P 500: 5,971 -66.75 -1.1%	YTD  +14.1%    +0.8%    +12.0%    +31.4%    +25.2%	Targets    Overview: 12/12/2024     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/27/24

As of 12/27/2024   Indus: 42,992 -333.59 -0.8%     Trans: 16,031 -73.46 -0.5%     Utils: 987 -4.51 -0.5%     Nasdaq: 19,722 -298.33 -1.5%     S&P 500: 5,971 -66.75 -1.1%	YTD  +14.1%    +0.8%    +12.0%    +31.4%    +25.2%
Targets    Overview: 12/12/2024     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/27/24

Patterns for the Weekend Details

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

Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Industry: Diversified Co.

Industry RS rank: 40 out of 60

Stock RS rank: 477 out of 568

11/18/21 close: $178.77

1 Month avg volatility: $2.89. Volatility stop (for downward breakout): $188.31 or 5.3% above the close.

Change YTD: 2.28%

Volume: 2,522,100 shares. 3 month avg: 1,950,578 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: Rising wedge reversal pattern from 09/27/2021 to 11/05/2021

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: E-Commerce

Industry RS rank: 21 out of 60

Stock RS rank: 378 out of 568

11/18/21 close: $110.54

1 Month avg volatility: $2.11. Volatility stop (for upward breakout): $105.00 or 5.0% below the close.

Change YTD: 5.29%

Volume: 1,146,200 shares. 3 month avg: 2,185,974 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 11/03/2021 to 11/18/2021

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: Aerospace/Defense

Industry RS rank: 50 out of 60

Stock RS rank: 74 out of 568

11/18/21 close: $47.70

1 Month avg volatility: $2.15. Volatility stop (for downward breakout): $52.13 or 9.3% above the close.

Change YTD: 106.94%

Volume: 4,291,300 shares. 3 month avg: 8,355,648 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: Broadening wedge, ascending reversal pattern from 11/01/2021 to 11/18/2021

Breakout is downward 73% of the time.

Average decline: 17%.

Break-even failure rate: 11%.

Pullbacks occur 57% of the time.

Price hits measure rule target 58% of the time.

Industry: Internet

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

Industry RS rank: 16 out of 60

Stock RS rank: 179 out of 568

11/18/21 close: $3,696.06

1 Month avg volatility: $83.28. Volatility stop (for upward breakout): $3,394.44 or 8.2% below the close.

Change YTD: 13.48%

Volume: 5,657,000 shares. 3 month avg: 3,583,803 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 08/20/2021 to 10/04/2021

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: Packaging and Container

Industry RS rank: 52 out of 60

Stock RS rank: 485 out of 568

11/18/21 close: $129.64

1 Month avg volatility: $2.65. Volatility stop (for upward breakout): $124.21 or 4.2% below the close.

Change YTD: -5.30%

Volume: 258,800 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: Pipe bottom reversal pattern from 10/25/2021 to 11/01/2021

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: Electric Utility (West)

Industry RS rank: 57 out of 60

Stock RS rank: 502 out of 568

11/18/21 close: $38.97

1 Month avg volatility: $0.83. Volatility stop (for upward breakout): $37.22 or 4.5% below the close.

Change YTD: -2.91%

Volume: 329,600 shares. 3 month avg: 396,820 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 10/15/2021 to 11/16/2021

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: Internet

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

Industry RS rank: 16 out of 60

Stock RS rank: 276 out of 568

11/18/21 close: $2,375.98

1 Month avg volatility: $66.00. Volatility stop (for downward breakout): $2,519.05 or 6.0% above the close.

Change YTD: 6.68%

Volume: 338,500 shares. 3 month avg: 441,478 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 top reversal pattern from 11/01/2021 to 11/08/2021

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: 5 out of 60

Stock RS rank: 102 out of 568

11/18/21 close: $46.72

1 Month avg volatility: $1.75. Volatility stop (for downward breakout): $50.48 or 8.1% above the close.

Change YTD: -11.41%

Volume: 272,900 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: Diamond top reversal pattern from 10/22/2021 to 11/18/2021

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: Apparel

Industry RS rank: 51 out of 60

Stock RS rank: 34 out of 568

11/18/21 close: $6.60

1 Month avg volatility: $0.28. Volatility stop (for upward breakout): $5.96 or 9.7% below the close.

Change YTD: 315.09%

Volume: 1,995,400 shares. 3 month avg: 2,783,222 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Rounding bottom continuation pattern from 08/24/2021 to 11/18/2021

Breakout 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: Telecom. Equipment

Industry RS rank: 17 out of 60

Stock RS rank: 474 out of 568

11/18/21 close: $38.33

1 Month avg volatility: $0.77. Volatility stop (for upward breakout): $36.29 or 5.3% below the close.

Change YTD: 6.47%

Volume: 3,160,600 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: Pipe bottom reversal pattern from 10/25/2021 to 11/01/2021

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: Packaging and Container

Industry RS rank: 52 out of 60

Stock RS rank: 329 out of 568

11/18/21 close: $110.26

1 Month avg volatility: $2.53. Volatility stop (for upward breakout): $104.43 or 5.3% below the close.

Change YTD: 10.04%

Volume: 895,100 shares. 3 month avg: 762,669 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: Double Bottom, Eve and Adam reversal pattern from 10/01/2021 to 10/26/2021

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: None

Industry RS rank: 9 out of 60

11/18/21 close: $908.40

1 Month avg volatility: $10.06. Volatility stop (for upward breakout): $885.70 or 2.5% below the close.

Change YTD: 5.06%

Volume: 37,926,500 shares. 3 month avg: 44,116,960 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 11/04/2021 to 11/18/2021

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: Metal Fabricating

Industry RS rank: 47 out of 60

Stock RS rank: 531 out of 568

11/18/21 close: $40.17

1 Month avg volatility: $2.14. Volatility stop (for downward breakout): $44.91 or 11.8% above the close.

Change YTD: -7.12%

Volume: 79,200 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: Broadening wedge, ascending reversal pattern from 09/22/2021 to 11/08/2021

Breakout is downward 73% of the time.

Average decline: 17%.

Break-even failure rate: 11%.

Pullbacks occur 57% of the time.

Price hits measure rule target 58% of the time.

Industry: Cement and Aggregates

Industry RS rank: 24 out of 60

Stock RS rank: 167 out of 568

11/18/21 close: $160.65

1 Month avg volatility: $4.30. Volatility stop (for upward breakout): $149.76 or 6.8% below the close.

Change YTD: 58.51%

Volume: 274,600 shares. 3 month avg: 553,088 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: Cup with handle continuation pattern from 08/30/2021 to 11/18/2021

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: Toiletries/Cosmetics

Industry RS rank: 26 out of 60

Stock RS rank: 207 out of 568

11/18/21 close: $246.10

1 Month avg volatility: $4.88. Volatility stop (for upward breakout): $234.89 or 4.6% below the close.

Change YTD: 10.76%

Volume: 90,000 shares. 3 month avg: 160,343 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: Triple bottom reversal pattern from 10/06/2021 to 10/28/2021

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: Petroleum (Producing)

Industry RS rank: 6 out of 60

Stock RS rank: 449 out of 568

11/18/21 close: $26.16

1 Month avg volatility: $1.34. Volatility stop (for downward breakout): $32.68 or 24.9% above the close.

Change YTD: 12.95%

Volume: 5,161,900 shares. 3 month avg: 1,326,055 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 Top, Eve and Eve reversal pattern from 10/19/2021 to 11/08/2021

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: Retail Building Supply

Industry RS rank: 11 out of 60

Stock RS rank: 82 out of 568

11/18/21 close: $405.85

1 Month avg volatility: $6.09. Volatility stop (for upward breakout): $383.91 or 5.4% below the close.

Change YTD: 52.79%

Volume: 4,487,300 shares. 3 month avg: 4,416,295 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 top continuation pattern from 10/26/2021 to 11/15/2021

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: Food Processing

Industry RS rank: 56 out of 60

Stock RS rank: 417 out of 568

11/18/21 close: $62.41

1 Month avg volatility: $0.90. Volatility stop (for downward breakout): $64.85 or 3.9% above the close.

Change YTD: 0.29%

Volume: 1,634,700 shares. 3 month avg: 3,593,774 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, descending continuation pattern from 09/29/2021 to 11/04/2021

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: Human Resources

Industry RS rank: 15 out of 60

Stock RS rank: 555 out of 568

11/18/21 close: $17.64

1 Month avg volatility: $0.63. Volatility stop (for downward breakout): $19.08 or 8.2% above the close.

Change YTD: -14.24%

Volume: 222,700 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 Thursday.

 

Chart pattern: Pipe top reversal pattern from 11/08/2021 to 11/08/2021

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: Semiconductor Cap Equip.

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

Industry RS rank: 7 out of 60

Stock RS rank: 104 out of 568

11/18/21 close: $59.95

1 Month avg volatility: $2.58. Volatility stop (for upward breakout): $52.67 or 12.1% below the close.

Change YTD: 88.46%

Volume: 2,532,900 shares. 3 month avg: 518,337 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 10/18/2021 to 11/03/2021

Breakout 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: Drug

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

Industry RS rank: 22 out of 60

Stock RS rank: 60 out of 568

11/18/21 close: $261.33

1 Month avg volatility: $6.04. Volatility stop (for upward breakout): $247.74 or 5.2% below the close.

Change YTD: 54.78%

Volume: 1,688,500 shares. 3 month avg: 3,358,597 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: Cup with handle continuation pattern from 08/17/2021 to 11/18/2021

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: Building Materials

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

Industry RS rank: 31 out of 60

Stock RS rank: 214 out of 568

11/18/21 close: $67.75

1 Month avg volatility: $1.36. Volatility stop (for upward breakout): $64.67 or 4.6% below the close.

Change YTD: 23.34%

Volume: 1,280,400 shares. 3 month avg: 2,351,771 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: Scallop, ascending continuation pattern from 10/29/2021 to 11/16/2021

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: E-Commerce

Industry RS rank: 21 out of 60

Stock RS rank: 237 out of 568

11/18/21 close: $338.69

1 Month avg volatility: $8.51. Volatility stop (for upward breakout): $318.28 or 6.0% below the close.

Change YTD: 23.99%

Volume: 17,423,500 shares. 3 month avg: 16,363,594 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Ugly double bottom reversal pattern from 10/28/2021 to 11/11/2021

Breakout 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: Oilfield Svcs/Equipment

Industry RS rank: 60 out of 60

Stock RS rank: 538 out of 568

11/18/21 close: $12.57

1 Month avg volatility: $0.58. Volatility stop (for downward breakout): $14.14 or 12.5% above the close.

Change YTD: -8.45%

Volume: 5,107,200 shares. 3 month avg: 3,130,966 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: Head-and-shoulders top reversal pattern from 10/20/2021 to 11/04/2021

Breakout is downward 100% of the time.

Average decline: 22%.

Break-even failure rate: 4%.

Pullbacks occur 50% of the time.

Price hits measure rule target 55% of the time.

Industry: Chemical (Specialty)

Industry RS rank: 33 out of 60

Stock RS rank: 332 out of 568

11/18/21 close: $348.39

1 Month avg volatility: $8.72. Volatility stop (for upward breakout): $329.44 or 5.4% below the close.

Change YTD: -12.53%

Volume: 28,700 shares. 3 month avg: 31,329 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 Friday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 10/28/2021 to 11/10/2021

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: Retail Store

Industry RS rank: 3 out of 60

Stock RS rank: 489 out of 568

11/18/21 close: $34.99

1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $31.49 or 10.0% below the close.

Change YTD: 12.11%

Volume: 9,770,900 shares. 3 month avg: 2,612,688 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: Cup with handle continuation pattern from 08/24/2021 to 11/17/2021

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: Building Materials

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

Industry RS rank: 31 out of 60

Stock RS rank: 438 out of 568

11/18/21 close: $29.71

1 Month avg volatility: $0.92. Volatility stop (for upward breakout): $26.72 or 10.1% below the close.

Change YTD: 4.98%

Volume: 53,400 shares. 3 month avg: 31,645 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: Triple bottom reversal pattern from 09/21/2021 to 10/25/2021

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: Oilfield Svcs/Equipment

Industry RS rank: 60 out of 60

Stock RS rank: 388 out of 568

11/18/21 close: $8.03

1 Month avg volatility: $0.47. Volatility stop (for downward breakout): $9.38 or 16.8% above the close.

Change YTD: 52.66%

Volume: 3,424,100 shares. 3 month avg: 3,925,269 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: Triple top reversal pattern from 10/05/2021 to 11/08/2021

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 10%.

Pullbacks occur 61% of the time.

Price hits measure rule target 40% of the time.

Industry: Drug

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

Industry RS rank: 22 out of 60

Stock RS rank: 81 out of 568

11/18/21 close: $51.41

1 Month avg volatility: $1.21. Volatility stop (for upward breakout): $48.20 or 6.3% below the close.

Change YTD: 39.66%

Volume: 32,690,800 shares. 3 month avg: 24,885,588 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: Rounding bottom continuation pattern from 08/23/2021 to 11/18/2021

Breakout 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 (East)

Industry RS rank: 38 out of 60

Stock RS rank: 336 out of 568

11/18/21 close: $62.40

1 Month avg volatility: $0.96. Volatility stop (for upward breakout): $60.15 or 3.6% below the close.

Change YTD: 7.03%

Volume: 1,609,600 shares. 3 month avg: 3,334,326 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 and inverted continuation pattern from 10/11/2021 to 11/09/2021

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: 49 out of 60

Stock RS rank: 191 out of 568

11/18/21 close: $147.82

1 Month avg volatility: $3.01. Volatility stop (for upward breakout): $140.18 or 5.2% below the close.

Change YTD: 24.04%

Volume: 899,900 shares. 3 month avg: 1,490,418 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, Eve and Adam reversal pattern from 10/06/2021 to 11/05/2021

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: Oilfield Svcs/Equipment

Industry RS rank: 60 out of 60

Stock RS rank: 351 out of 568

11/18/21 close: $31.86

1 Month avg volatility: $0.95. Volatility stop (for downward breakout): $34.23 or 7.4% above the close.

Change YTD: 45.95%

Volume: 8,813,500 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: Double Top, Eve and Eve reversal pattern from 10/26/2021 to 11/08/2021

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: Electric Utility (East)

Industry RS rank: 38 out of 60

Stock RS rank: 395 out of 568

11/18/21 close: $61.63

1 Month avg volatility: $0.82. Volatility stop (for downward breakout): $63.68 or 3.3% above the close.

Change YTD: 0.33%

Volume: 3,148,500 shares. 3 month avg: 4,514,520 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 Top, Adam and Adam reversal pattern from 10/22/2021 to 11/10/2021

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: Electronics

Industry RS rank: 14 out of 60

Stock RS rank: 39 out of 568

11/18/21 close: $30.37

1 Month avg volatility: $2.26. Volatility stop (for downward breakout): $35.40 or 16.6% above the close.

Change YTD: 46.57%

Volume: 948,000 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 Monday.

 

Chart pattern: Pipe top reversal pattern from 11/01/2021 to 11/08/2021

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: Retail Store

Industry RS rank: 3 out of 60

Stock RS rank: 170 out of 568

11/18/21 close: $252.05

1 Month avg volatility: $4.24. Volatility stop (for upward breakout): $241.16 or 4.3% below the close.

Change YTD: 42.78%

Volume: 5,733,300 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: Ugly double bottom reversal pattern from 10/04/2021 to 11/08/2021

Breakout 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: Chemical (Specialty)

Industry RS rank: 33 out of 60

Stock RS rank: 541 out of 568

11/18/21 close: $11.60

1 Month avg volatility: $0.35. Volatility stop (for upward breakout): $10.73 or 7.5% below the close.

Change YTD: -30.54%

Volume: 139,100 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: Broadening bottom reversal pattern from 09/27/2021 to 11/12/2021

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: Insurance (Diversified)

Industry RS rank: 32 out of 60

Stock RS rank: 497 out of 568

11/18/21 close: $25.78

1 Month avg volatility: $0.78. Volatility stop (for downward breakout): $28.09 or 9.0% above the close.

Change YTD: 12.38%

Volume: 2,036,200 shares. 3 month avg: 1,168,134 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: Triple top reversal pattern from 10/11/2021 to 10/26/2021

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 10%.

Pullbacks occur 61% of the time.

Price hits measure rule target 40% of the time.