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 found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: ElectronicsIndustry RS rank: 14 out of 60Stock RS rank: 481 out of 56711/24/21 close: $23.541 Month avg volatility: $1.71. Volatility stop (for downward breakout): $27.30 or 16.0% above the close.Change YTD: 124.62%Volume: 1,560,400 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: Pipe top reversal pattern from 11/01/2021 to 11/08/2021Breakout 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: ApparelIndustry RS rank: 51 out of 60Stock RS rank: 290 out of 56711/24/21 close: $39.251 Month avg volatility: $1.75. Volatility stop (for downward breakout): $43.49 or 10.8% above the close.Change YTD: 92.78%Volume: 3,226,200 shares. 3 month avg: 2,821,334 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: Double Top, Adam and Eve reversal pattern from 11/05/2021 to 11/18/2021Breakout 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: Medical ServicesIndustry RS rank: 56 out of 60Stock RS rank: 520 out of 56711/24/21 close: $5.491 Month avg volatility: $0.37. Volatility stop (for downward breakout): $6.40 or 16.5% above the close.Change YTD: -27.57%Volume: 626,300 shares. 3 month avg: 533,922 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: Double Top, Eve and Adam reversal pattern from 10/14/2021 to 11/15/2021Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 11 out of 60Stock RS rank: 325 out of 56711/24/21 close: $82.041 Month avg volatility: $2.52. Volatility stop (for downward breakout): $87.85 or 7.1% above the close.Change YTD: -20.70%Volume: 208,200 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: Pipe top reversal pattern from 11/01/2021 to 11/08/2021Breakout 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: Computer Software and SvcsIndustry RS rank: 11 out of 60Stock RS rank: 495 out of 56711/24/21 close: $63.991 Month avg volatility: $3.10. Volatility stop (for downward breakout): $70.39 or 10.0% above the close.Change YTD: -47.46%Volume: 752,500 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 top reversal pattern from 11/01/2021 to 11/08/2021Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 25 out of 60Stock RS rank: 542 out of 56711/24/21 close: $68.321 Month avg volatility: $1.96. Volatility stop (for downward breakout): $72.44 or 6.0% above the close.Change YTD: -27.20%Volume: 89,400 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 Wednesday.Chart pattern: Double Top, Adam and Adam reversal pattern from 11/08/2021 to 11/15/2021Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 25 out of 60Stock RS rank: 197 out of 56711/24/21 close: $114.031 Month avg volatility: $2.11. Volatility stop (for upward breakout): $108.66 or 4.7% below the close.Change YTD: 53.29%Volume: 172,700 shares. 3 month avg: 508,948 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 08/12/2021 to 11/24/2021Breakout 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: Insurance (Life)Industry RS rank: 44 out of 60Stock RS rank: 143 out of 56711/24/21 close: $53.461 Month avg volatility: $1.09. Volatility stop (for upward breakout): $51.21 or 4.2% below the close.Change YTD: 69.77%Volume: 238,000 shares. 3 month avg: 1,068,715 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 and inverted continuation pattern from 09/29/2021 to 11/11/2021Breakout 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: Computer Software and SvcsIndustry RS rank: 11 out of 60Stock RS rank: 463 out of 56711/24/21 close: $256.901 Month avg volatility: $8.64. Volatility stop (for downward breakout): $285.63 or 11.2% above the close.Change YTD: -15.86%Volume: 10,892,300 shares. 3 month avg: 2,150,943 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, Adam and Eve reversal pattern from 11/09/2021 to 11/17/2021WARNING: A dead-cat bounce occurred on 11/24/2021. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 02/23/2022 and a 38% chance by 05/25/2022.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: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 31 out of 60Stock RS rank: 309 out of 56711/24/21 close: $116.691 Month avg volatility: $3.17. Volatility stop (for downward breakout): $128.21 or 9.9% above the close.Change YTD: 16.94%Volume: 5,964,900 shares. 3 month avg: 4,325,955 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: Dead-cat bounce continuation pattern from 11/22/2021 to 11/23/2021Breakout is downward 67% of the time.Average decline: 18%.
Industry: BiotechnologyIndustry RS rank: 47 out of 60Stock RS rank: 153 out of 56711/24/21 close: $89.571 Month avg volatility: $2.37. Volatility stop (for upward breakout): $84.05 or 6.2% below the close.Change YTD: 2.14%Volume: 930,100 shares. 3 month avg: 1,330,032 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 10/27/2021 to 11/17/2021Breakout 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 (Central)Industry RS rank: 48 out of 60Stock RS rank: 235 out of 56711/24/21 close: $26.771 Month avg volatility: $0.38. Volatility stop (for downward breakout): $27.60 or 3.1% above the close.Change YTD: 23.71%Volume: 1,994,300 shares. 3 month avg: 2,845,400 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 reversal pattern from 11/05/2021 to 11/19/2021Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: Telecom. EquipmentIndustry RS rank: 19 out of 60Stock RS rank: 457 out of 56711/24/21 close: $39.041 Month avg volatility: $0.81. Volatility stop (for upward breakout): $37.36 or 4.3% below the close.Change YTD: 8.44%Volume: 3,092,900 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: Ugly double bottom reversal pattern from 10/27/2021 to 11/19/2021Breakout 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: IT ServicesIndustry RS rank: 17 out of 60Stock RS rank: 66 out of 56711/24/21 close: $620.271 Month avg volatility: $22.14. Volatility stop (for downward breakout): $666.96 or 7.5% above the close.Change YTD: 73.09%Volume: 286,400 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: Pipe top reversal pattern from 11/01/2021 to 11/08/2021Breakout 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: Electric Utility (East)Industry RS rank: 35 out of 60Stock RS rank: 103 out of 56711/24/21 close: $54.511 Month avg volatility: $0.85. Volatility stop (for upward breakout): $52.29 or 4.1% below the close.Change YTD: 29.11%Volume: 2,899,400 shares. 3 month avg: 5,244,875 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 11/03/2021 to 11/24/2021Breakout 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: Computer Software and SvcsIndustry RS rank: 11 out of 60Stock RS rank: 521 out of 56711/24/21 close: $138.261 Month avg volatility: $5.85. Volatility stop (for downward breakout): $150.67 or 9.0% above the close.Change YTD: -20.72%Volume: 1,094,700 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: Pipe top reversal pattern from 11/08/2021 to 11/15/2021Breakout 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: Chemical (Basic)Industry RS rank: 39 out of 60Stock RS rank: 447 out of 56711/24/21 close: $104.121 Month avg volatility: $2.40. Volatility stop (for upward breakout): $98.44 or 5.5% below the close.Change YTD: -9.41%Volume: 456,400 shares. 3 month avg: 1,151,138 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: Big W reversal pattern from 08/23/2021 to 10/12/2021Breakout is upward 71% of the time.Average rise: 31%.Break-even failure rate: 11%.Throwbacks occur 32% of the time.Price hits measure rule target 42% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 25 out of 60Stock RS rank: 503 out of 56711/24/21 close: $11.211 Month avg volatility: $0.68. Volatility stop (for downward breakout): $12.89 or 15.0% above the close.Change YTD: 63.41%Volume: 14,700 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: Double Top, Adam and Adam reversal pattern from 11/01/2021 to 11/16/2021Breakout 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: ApparelIndustry RS rank: 51 out of 60Stock RS rank: 565 out of 56711/24/21 close: $17.841 Month avg volatility: $0.97. Volatility stop (for downward breakout): $21.24 or 19.1% above the close.Change YTD: -11.64%Volume: 54,927,700 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: Dead-cat bounce continuation pattern from 11/24/2021 to 11/24/2021Breakout is downward 67% of the time.Average decline: 18%.
Industry: MachineryIndustry RS rank: 41 out of 60Stock RS rank: 283 out of 56711/24/21 close: $77.621 Month avg volatility: $1.09. Volatility stop (for upward breakout): $74.88 or 3.5% below the close.Change YTD: 7.28%Volume: 265,200 shares. 3 month avg: 251,886 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: Flag continuation pattern from 10/25/2021 to 10/28/2021Breakout is upward 54% of the time.Average rise: 23%.Break-even failure rate: 4%.Throwbacks occur 43% of the time.Price hits measure rule target 64% of the time.
Industry: ApparelIndustry RS rank: 51 out of 60Stock RS rank: 493 out of 56711/24/21 close: $23.731 Month avg volatility: $0.87. Volatility stop (for upward breakout): $21.21 or 10.6% below the close.Change YTD: 4.91%Volume: 2,924,900 shares. 3 month avg: 1,269,442 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: Head-and-shoulders complex bottom reversal pattern from 09/20/2021 to 11/23/2021Breakout is upward 100% of the time.Average rise: 39%.Break-even failure rate: 4%.Throwbacks occur 63% of the time.Price hits measure rule target 74% of the time.
Industry: Medical SuppliesIndustry RS rank: 26 out of 60Stock RS rank: 115 out of 56711/24/21 close: $74.911 Month avg volatility: $1.82. Volatility stop (for upward breakout): $70.10 or 6.4% below the close.Change YTD: 2.86%Volume: 1,197,200 shares. 3 month avg: 3,130,522 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: Pipe bottom reversal pattern from 11/01/2021 to 11/08/2021Breakout 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: 52 out of 60Stock RS rank: 207 out of 56711/24/21 close: $108.241 Month avg volatility: $1.94. Volatility stop (for upward breakout): $104.09 or 3.8% below the close.Change YTD: 12.71%Volume: 185,700 shares. 3 month avg: 199,551 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: Broadening bottom reversal pattern from 10/15/2021 to 11/22/2021Breakout 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: Securities BrokerageIndustry RS rank: 22 out of 60Stock RS rank: 149 out of 56711/24/21 close: $77.381 Month avg volatility: $1.75. Volatility stop (for upward breakout): $72.41 or 6.4% below the close.Change YTD: 27.02%Volume: 1,124,300 shares. 3 month avg: 658,995 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 04/19/2021 to 11/19/2021Breakout 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: Chemical (Diversified)Industry RS rank: 27 out of 60Stock RS rank: 12 out of 56711/24/21 close: $45.161 Month avg volatility: $2.88. Volatility stop (for downward breakout): $51.19 or 13.4% above the close.Change YTD: 87.00%Volume: 171,800 shares. 3 month avg: 1,190,495 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, Adam and Adam reversal pattern from 10/25/2021 to 11/01/2021WARNING: A dead-cat bounce occurred on 11/02/2021. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 02/01/2022 and a 38% chance by 05/03/2022.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: Human ResourcesIndustry RS rank: 9 out of 60Stock RS rank: 540 out of 56711/24/21 close: $18.181 Month avg volatility: $0.69. Volatility stop (for upward breakout): $16.38 or 9.9% below the close.Change YTD: -11.62%Volume: 125,200 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: Triangle, symmetrical continuation pattern from 09/08/2021 to 10/25/2021Breakout 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: Metal FabricatingIndustry RS rank: 46 out of 60Stock RS rank: 289 out of 56711/24/21 close: $39.041 Month avg volatility: $1.06. Volatility stop (for upward breakout): $36.82 or 5.7% below the close.Change YTD: 7.73%Volume: 203,500 shares. 3 month avg: 854,403 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 11/01/2021 to 11/24/2021Breakout 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: Computer Software and SvcsIndustry RS rank: 11 out of 60Stock RS rank: 257 out of 56711/24/21 close: $49.781 Month avg volatility: $2.01. Volatility stop (for downward breakout): $54.31 or 9.1% above the close.Change YTD: -31.99%Volume: 421,800 shares. 3 month avg: 906,945 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: Head-and-shoulders top reversal pattern from 10/15/2021 to 11/15/2021Breakout 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: AdvertisingIndustry RS rank: 40 out of 60Stock RS rank: 123 out of 56711/24/21 close: $2.811 Month avg volatility: $0.20. Volatility stop (for downward breakout): $3.21 or 14.3% above the close.Change YTD: 43.37%Volume: 160,700 shares. 3 month avg: 97,160 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: Pipe top reversal pattern from 03/15/2021 to 03/22/2021Breakout 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: Financial ServicesIndustry RS rank: 57 out of 60Stock RS rank: 427 out of 56711/24/21 close: $340.001 Month avg volatility: $11.19. Volatility stop (for downward breakout): $362.74 or 6.7% above the close.Change YTD: -4.75%Volume: 6,406,800 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: Pipe top reversal pattern from 11/08/2021 to 11/15/2021Breakout 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: BiotechnologyIndustry RS rank: 47 out of 60Stock RS rank: 392 out of 56711/24/21 close: $27.471 Month avg volatility: $1.28. Volatility stop (for upward breakout): $24.39 or 11.2% below the close.Change YTD: 38.91%Volume: 259,700 shares. 3 month avg: 906,888 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: Channel from 09/02/2021 to 11/24/2021
Industry: Household ProductsIndustry RS rank: 43 out of 60Stock RS rank: 509 out of 56711/24/21 close: $22.991 Month avg volatility: $0.62. Volatility stop (for upward breakout): $21.58 or 6.1% below the close.Change YTD: 8.29%Volume: 2,120,000 shares. 3 month avg: 7,205,206 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: Scallop, ascending and inverted continuation pattern from 10/28/2021 to 11/19/2021Breakout 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: Retail StoreIndustry RS rank: 1 out of 60Stock RS rank: 560 out of 56711/24/21 close: $22.661 Month avg volatility: $1.42. Volatility stop (for downward breakout): $28.08 or 23.9% above the close.Change YTD: -27.40%Volume: 46,144,200 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: Dead-cat bounce continuation pattern from 11/24/2021 to 11/24/2021Breakout is downward 67% of the time.Average decline: 18%.
Industry: Petroleum (Producing)Industry RS rank: 5 out of 60Stock RS rank: 63 out of 56711/24/21 close: $32.011 Month avg volatility: $1.24. Volatility stop (for upward breakout): $28.91 or 9.7% below the close.Change YTD: 84.92%Volume: 11,444,500 shares. 3 month avg: 4,088,786 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 and inverted continuation pattern from 09/20/2021 to 11/19/2021Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 29 out of 60Stock RS rank: 67 out of 56711/24/21 close: $50.891 Month avg volatility: $1.30. Volatility stop (for upward breakout): $48.10 or 5.5% below the close.Change YTD: 38.25%Volume: 18,337,100 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: Cup with handle continuation pattern from 08/18/2021 to 11/24/2021Breakout 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: Chemical (Diversified)Industry RS rank: 27 out of 60Stock RS rank: 466 out of 56711/24/21 close: $158.761 Month avg volatility: $2.74. Volatility stop (for downward breakout): $165.74 or 4.4% above the close.Change YTD: 10.08%Volume: 823,300 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: Broadening top, right-angled and ascending reversal pattern from 10/25/2021 to 11/24/2021Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 37 out of 60Stock RS rank: 364 out of 56711/24/21 close: $95.641 Month avg volatility: $1.73. Volatility stop (for downward breakout): $99.37 or 3.9% above the close.Change YTD: -3.28%Volume: 2,448,300 shares. 3 month avg: 3,017,600 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, Eve and Eve reversal pattern from 10/26/2021 to 11/05/2021Breakout 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: Medical ServicesIndustry RS rank: 56 out of 60Stock RS rank: 163 out of 56711/24/21 close: $149.521 Month avg volatility: $2.89. Volatility stop (for upward breakout): $143.56 or 4.0% below the close.Change YTD: 25.47%Volume: 685,400 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 Monday.Chart pattern: Pipe bottom reversal pattern from 11/01/2021 to 11/08/2021Breakout 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: Toiletries/CosmeticsIndustry RS rank: 24 out of 60Stock RS rank: 567 out of 56711/24/21 close: $2.781 Month avg volatility: $0.25. Volatility stop (for upward breakout): $2.13 or 23.3% below the close.Change YTD: -69.75%Volume: 1,359,900 shares. 3 month avg: 193,511 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 bottom reversal pattern from 10/18/2021 to 11/09/2021Breakout 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: Computer Software and SvcsIndustry RS rank: 11 out of 60Stock RS rank: 480 out of 56711/24/21 close: $222.401 Month avg volatility: $12.57. Volatility stop (for upward breakout): $186.67 or 16.1% below the close.Change YTD: -41.31%Volume: 994,500 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: Ugly double bottom reversal pattern from 10/06/2021 to 11/08/2021Breakout 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: Chemical (Basic)Industry RS rank: 39 out of 60Stock RS rank: 534 out of 56711/24/21 close: $165.081 Month avg volatility: $4.66. Volatility stop (for downward breakout): $175.29 or 6.2% above the close.Change YTD: -17.10%Volume: 527,300 shares. 3 month avg: 327,891 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: Pipe top reversal pattern from 11/15/2021 to 11/15/2021Breakout 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: IT ServicesIndustry RS rank: 17 out of 60Stock RS rank: 45 out of 56711/24/21 close: $649.311 Month avg volatility: $16.67. Volatility stop (for downward breakout): $682.76 or 5.2% above the close.Change YTD: 17.96%Volume: 798,200 shares. 3 month avg: 1,411,754 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 10/21/2021 to 11/17/2021Breakout 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: Air TransportIndustry RS rank: 59 out of 60Stock RS rank: 527 out of 56711/24/21 close: $46.991 Month avg volatility: $1.17. Volatility stop (for downward breakout): $49.45 or 5.2% above the close.Change YTD: 0.82%Volume: 4,969,300 shares. 3 month avg: 5,071,869 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 11/01/2021 to 11/08/2021Breakout 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: BiotechnologyIndustry RS rank: 47 out of 60Stock RS rank: 171 out of 56711/24/21 close: $476.971 Month avg volatility: $14.21. Volatility stop (for downward breakout): $505.70 or 6.0% above the close.Change YTD: 50.20%Volume: 215,400 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 Friday.Chart pattern: Roof reversal pattern from 10/15/2021 to 11/22/2021Breakout is downward 84% of the time.Average decline: 16%.Break-even failure rate: 13%.Pullbacks occur 56% of the time.Price hits measure rule target 68% of the time.
Industry: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 29 out of 60Stock RS rank: 506 out of 56711/24/21 close: $8.681 Month avg volatility: $0.33. Volatility stop (for downward breakout): $9.41 or 8.4% above the close.Change YTD: -10.05%Volume: 9,291,700 shares. 3 month avg: 26,334,894 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: Double Top, Eve and Eve reversal pattern from 10/11/2021 to 10/20/2021Breakout 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: Healthcare InformationIndustry RS rank: 34 out of 60Stock RS rank: 204 out of 56711/24/21 close: $291.001 Month avg volatility: $7.22. Volatility stop (for downward breakout): $307.17 or 5.6% above the close.Change YTD: 6.89%Volume: 1,047,700 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, descending reversal pattern from 10/22/2021 to 11/17/2021Breakout 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: Precision InstrumentIndustry RS rank: 6 out of 60Stock RS rank: 238 out of 56711/24/21 close: $343.871 Month avg volatility: $8.73. Volatility stop (for downward breakout): $361.92 or 5.3% above the close.Change YTD: 38.98%Volume: 343,700 shares. 3 month avg: 398,726 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: Roof reversal pattern from 10/12/2021 to 11/24/2021Breakout is downward 84% of the time.Average decline: 16%.Break-even failure rate: 13%.Pullbacks occur 56% of the time.Price hits measure rule target 68% of the time.
Industry: Retail Building SupplyIndustry RS rank: 7 out of 60Stock RS rank: 228 out of 56711/24/21 close: $308.401 Month avg volatility: $5.75. Volatility stop (for upward breakout): $294.48 or 4.5% below the close.Change YTD: 36.13%Volume: 106,600 shares. 3 month avg: 222,320 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: Ugly double bottom reversal pattern from 10/01/2021 to 10/27/2021Breakout 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: ShoeIndustry RS rank: 4 out of 60Stock RS rank: 423 out of 56711/24/21 close: $33.501 Month avg volatility: $1.05. Volatility stop (for upward breakout): $30.86 or 7.9% below the close.Change YTD: 7.20%Volume: 426,400 shares. 3 month avg: 772,149 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 bottom reversal pattern from 11/11/2021 to 11/23/2021Breakout 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: Electric Utility (West)Industry RS rank: 52 out of 60Stock RS rank: 432 out of 56711/24/21 close: $65.551 Month avg volatility: $1.19. Volatility stop (for upward breakout): $62.92 or 4.0% below the close.Change YTD: -1.68%Volume: 2,020,500 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: Double Bottom, Adam and Eve reversal pattern from 10/28/2021 to 11/08/2021Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
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