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%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,200 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 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%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,200 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 or 5,800 by 12/01/2024

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.

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
’Breakout is upward/downward 100% of the time’ means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
Abbott Laboratories (ABT)
Industry: Medical Supplies
Industry RS rank: 21 out of 60
Stock RS rank: 63 out of 567
12/16/21 close: $136.09
1 Month avg volatility: $2.53. Volatility stop (for upward breakout): $129.53 or 4.8% below the close.
Change YTD: 24.29%
Volume: 6,580,400 shares. 3 month avg: 6,008,617 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, Adam and Adam reversal pattern from 11/08/2021 to 11/23/2021
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.

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Accenture plc (ACN)
Industry: IT Services
Industry RS rank: 12 out of 60
Stock RS rank: 19 out of 567
12/16/21 close: $400.60
1 Month avg volatility: $7.54. Volatility stop (for upward breakout): $383.94 or 4.2% below the close.
Change YTD: 53.36%
Volume: 6,291,000 shares. 3 month avg: 1,995,040 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: Three Rising Valleys reversal pattern from 06/18/2021 to 11/26/2021
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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Adobe Systems (ADBE)
Industry: Computer Software and Svcs
Industry RS rank: 19 out of 60
Stock RS rank: 246 out of 567
12/16/21 close: $566.09
1 Month avg volatility: $23.59. Volatility stop (for downward breakout): $638.76 or 12.8% above the close.
Change YTD: 13.19%
Volume: 10,933,600 shares. 3 month avg: 3,137,863 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 top reversal pattern from 11/05/2021 to 12/13/2021
Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

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Aerojet Rocketdyne (AJRD)
Industry: Diversified Co.
Industry RS rank: 47 out of 60
Stock RS rank: 397 out of 567
12/16/21 close: $45.48
1 Month avg volatility: $0.86. Volatility stop (for upward breakout): $41.62 or 8.5% below the close.
Change YTD: -13.95%
Volume: 1,232,700 shares. 3 month avg: 950,497 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: Head-and-shoulders bottom reversal pattern from 11/19/2021 to 12/13/2021
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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Akamai Technologies Inc (AKAM)
Industry: E-Commerce
Industry RS rank: 39 out of 60
Stock RS rank: 302 out of 567
12/16/21 close: $116.83
1 Month avg volatility: $2.39. Volatility stop (for upward breakout): $110.60 or 5.3% below the close.
Change YTD: 11.28%
Volume: 1,368,900 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: Three Rising Valleys reversal pattern from 10/12/2021 to 12/02/2021
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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Allstate Corp (ALL)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 34 out of 60
Stock RS rank: 431 out of 567
12/16/21 close: $115.82
1 Month avg volatility: $2.64. Volatility stop (for upward breakout): $108.79 or 6.1% below the close.
Change YTD: 5.36%
Volume: 2,556,100 shares. 3 month avg: 1,838,948 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 Eve reversal pattern from 12/01/2021 to 12/09/2021
Breakout 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.

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American Eagle Outfitters Inc. (AEO)
Industry: Apparel
Industry RS rank: 57 out of 60
Stock RS rank: 545 out of 567
12/16/21 close: $22.72
1 Month avg volatility: $1.32. Volatility stop (for downward breakout): $27.15 or 19.5% above the close.
Change YTD: 13.20%
Volume: 4,430,300 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: Head-and-shoulders top reversal pattern from 11/05/2021 to 12/07/2021
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.

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Anthem (ANTM)
Industry: Medical Services
Industry RS rank: 31 out of 60
Stock RS rank: 103 out of 567
12/16/21 close: $447.88
1 Month avg volatility: $9.05. Volatility stop (for upward breakout): $423.75 or 5.4% below the close.
Change YTD: 39.49%
Volume: 1,153,600 shares. 3 month avg: 1,801,302 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: Pipe bottom reversal pattern from 11/29/2021 to 12/06/2021
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.

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Aon Corp (AON)
Industry: Insurance (Diversified)
Industry RS rank: 24 out of 60
Stock RS rank: 78 out of 567
12/16/21 close: $295.13
1 Month avg volatility: $6.15. Volatility stop (for upward breakout): $280.97 or 4.8% below the close.
Change YTD: 39.69%
Volume: 1,537,200 shares. 3 month avg: 1,880,728 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 11/05/2021 to 12/16/2021
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.

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Balchem Corp (BCPC)
Industry: Chemical (Specialty)
Industry RS rank: 33 out of 60
Stock RS rank: 59 out of 567
12/16/21 close: $166.99
1 Month avg volatility: $3.74. Volatility stop (for upward breakout): $158.99 or 4.8% below the close.
Change YTD: 44.93%
Volume: 98,400 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: Pipe bottom reversal pattern from 11/29/2021 to 12/06/2021
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.

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Black Hills Corp (BKH)
Industry: Electric Utility (West)
Industry RS rank: 46 out of 60
Stock RS rank: 313 out of 567
12/16/21 close: $69.22
1 Month avg volatility: $1.28. Volatility stop (for upward breakout): $66.48 or 4.0% below the close.
Change YTD: 12.64%
Volume: 390,200 shares. 3 month avg: 512,838 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: Head-and-shoulders bottom reversal pattern from 11/08/2021 to 11/30/2021
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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Celanese Corp (CE)
Industry: Chemical (Basic)
Industry RS rank: 28 out of 60
Stock RS rank: 206 out of 567
12/16/21 close: $163.08
1 Month avg volatility: $3.83. Volatility stop (for upward breakout): $153.78 or 5.7% below the close.
Change YTD: 25.50%
Volume: 655,600 shares. 3 month avg: 691,697 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 12/02/2021 to 12/15/2021
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.

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Check Point Software (CHKP)
Industry: E-Commerce
Industry RS rank: 39 out of 60
Stock RS rank: 347 out of 567
12/16/21 close: $114.74
1 Month avg volatility: $2.33. Volatility stop (for upward breakout): $107.91 or 6.0% below the close.
Change YTD: -13.67%
Volume: 1,299,800 shares. 3 month avg: 1,143,906 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: Diamond bottom reversal pattern from 11/23/2021 to 12/14/2021
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.

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Citrix Systems, Inc (CTXS)
Industry: Computer Software and Svcs
Industry RS rank: 19 out of 60
Stock RS rank: 526 out of 567
12/16/21 close: $84.72
1 Month avg volatility: $2.31. Volatility stop (for upward breakout): $77.76 or 8.2% below the close.
Change YTD: -34.88%
Volume: 2,324,700 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 bottom reversal pattern from 11/29/2021 to 12/06/2021
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.

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CNA Financial Corp (CNA)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 34 out of 60
Stock RS rank: 380 out of 567
12/16/21 close: $44.41
1 Month avg volatility: $0.76. Volatility stop (for upward breakout): $42.70 or 3.9% below the close.
Change YTD: 13.99%
Volume: 109,500 shares. 3 month avg: 204,923 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: Head-and-shoulders bottom reversal pattern from 11/19/2021 to 12/13/2021
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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ConAgra Brands Inc (CAG)
Industry: Food Processing
Industry RS rank: 44 out of 60
Stock RS rank: 391 out of 567
12/16/21 close: $34.40
1 Month avg volatility: $0.65. Volatility stop (for upward breakout): $31.56 or 8.3% below the close.
Change YTD: -5.13%
Volume: 6,135,400 shares. 3 month avg: 3,423,360 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 11/22/2021 to 12/01/2021
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.

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CTS Corp (CTS)
Industry: Electronics
Industry RS rank: 25 out of 60
Stock RS rank: 385 out of 567
12/16/21 close: $35.12
1 Month avg volatility: $0.95. Volatility stop (for upward breakout): $32.81 or 6.6% below the close.
Change YTD: 2.30%
Volume: 115,100 shares. 3 month avg: 73,662 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 Wednesday.
 
Chart pattern: Scallop, ascending and inverted continuation pattern from 10/14/2021 to 12/15/2021
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.

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Devon Energy Corp. (DVN)
Industry: Natural Gas (Diversified)
Industry RS rank: 22 out of 60
Stock RS rank: 24 out of 567
12/16/21 close: $40.36
1 Month avg volatility: $1.99. Volatility stop (for downward breakout): $45.53 or 12.8% above the close.
Change YTD: 155.28%
Volume: 10,181,300 shares. 3 month avg: 4,704,349 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 top reversal pattern from 11/08/2021 to 12/15/2021
Breakout 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.

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Eastman Chemical (EMN)
Industry: Chemical (Diversified)
Industry RS rank: 27 out of 60
Stock RS rank: 316 out of 567
12/16/21 close: $120.10
1 Month avg volatility: $3.08. Volatility stop (for upward breakout): $112.39 or 6.4% below the close.
Change YTD: 19.76%
Volume: 2,074,900 shares. 3 month avg: 1,209,300 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: Three Rising Valleys reversal pattern from 09/20/2021 to 12/02/2021
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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Equitable Resources, Inc (EQT)
Industry: Natural Gas (Diversified)
Industry RS rank: 22 out of 60
Stock RS rank: 297 out of 567
12/16/21 close: $21.40
1 Month avg volatility: $0.93. Volatility stop (for upward breakout): $19.32 or 9.7% below the close.
Change YTD: 68.37%
Volume: 6,536,900 shares. 3 month avg: 3,960,946 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 bottom reversal pattern from 11/10/2021 to 12/13/2021
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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Fastenal Company (FAST)
Industry: Retail Building Supply
Industry RS rank: 2 out of 60
Stock RS rank: 60 out of 567
12/16/21 close: $63.46
1 Month avg volatility: $1.08. Volatility stop (for upward breakout): $61.00 or 3.9% below the close.
Change YTD: 29.96%
Volume: 2,336,500 shares. 3 month avg: 2,417,771 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 10/27/2021 to 12/01/2021
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.

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Fresh Del Monte Produce (FDP)
Industry: Food Processing
Industry RS rank: 44 out of 60
Stock RS rank: 510 out of 567
12/16/21 close: $26.46
1 Month avg volatility: $0.73. Volatility stop (for upward breakout): $24.95 or 5.7% below the close.
Change YTD: 9.93%
Volume: 149,300 shares. 3 month avg: 288,512 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: Pipe bottom reversal pattern from 11/29/2021 to 12/06/2021
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.

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GoPro (GPRO)
Industry: Electronics
Industry RS rank: 25 out of 60
Stock RS rank: 443 out of 567
12/16/21 close: $10.53
1 Month avg volatility: $0.47. Volatility stop (for downward breakout): $11.93 or 13.3% above the close.
Change YTD: 27.17%
Volume: 2,083,400 shares. 3 month avg: 5,624,629 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: Scallop, descending continuation pattern from 11/18/2021 to 12/13/2021
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.

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Hershey Company, The (HSY)
Industry: Food Processing
Industry RS rank: 44 out of 60
Stock RS rank: 151 out of 567
12/16/21 close: $192.13
1 Month avg volatility: $2.87. Volatility stop (for upward breakout): $183.62 or 4.4% below the close.
Change YTD: 26.13%
Volume: 956,500 shares. 3 month avg: 973,146 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: Three Rising Valleys reversal pattern from 09/28/2021 to 12/01/2021
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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Illumina Inc (ILMN)
Industry: Biotechnology
Industry RS rank: 56 out of 60
Stock RS rank: 454 out of 567
12/16/21 close: $378.87
1 Month avg volatility: $10.60. Volatility stop (for upward breakout): $355.83 or 6.1% below the close.
Change YTD: 2.40%
Volume: 1,154,200 shares. 3 month avg: 726,254 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: Pipe bottom reversal pattern from 11/29/2021 to 12/06/2021
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.

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Interactive Brokers Group Inc (IBKR)
Industry: Securities Brokerage
Industry RS rank: 17 out of 60
Stock RS rank: 85 out of 567
12/16/21 close: $78.61
1 Month avg volatility: $1.79. Volatility stop (for upward breakout): $74.23 or 5.6% below the close.
Change YTD: 29.04%
Volume: 1,269,800 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 Thursday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 11/18/2021 to 12/15/2021
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.

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Intrepid Potash Inc (IPI)
Industry: Chemical (Diversified)
Industry RS rank: 27 out of 60
Stock RS rank: 17 out of 567
12/16/21 close: $41.08
1 Month avg volatility: $2.25. Volatility stop (for downward breakout): $46.76 or 13.8% above the close.
Change YTD: 70.10%
Volume: 84,100 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: Triangle, descending reversal pattern from 11/02/2021 to 12/16/2021
WARNING: 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 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.

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Johnson and Johnson (JNJ)
Industry: Medical Supplies
Industry RS rank: 21 out of 60
Stock RS rank: 233 out of 567
12/16/21 close: $173.01
1 Month avg volatility: $2.54. Volatility stop (for upward breakout): $165.76 or 4.2% below the close.
Change YTD: 9.93%
Volume: 8,505,400 shares. 3 month avg: 5,464,417 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: Triple bottom reversal pattern from 10/04/2021 to 11/30/2021
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.

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Kellogg Co (K)
Industry: Food Processing
Industry RS rank: 44 out of 60
Stock RS rank: 284 out of 567
12/16/21 close: $65.78
1 Month avg volatility: $1.24. Volatility stop (for upward breakout): $60.79 or 7.6% below the close.
Change YTD: 5.70%
Volume: 3,629,300 shares. 3 month avg: 3,593,774 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 Adam reversal pattern from 11/30/2021 to 12/09/2021
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.

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Meta (Facebook) (FB)
Industry: E-Commerce
Industry RS rank: 39 out of 60
Stock RS rank: 288 out of 567
12/16/21 close: $334.90
1 Month avg volatility: $10.10. Volatility stop (for upward breakout): $313.54 or 6.4% below the close.
Change YTD: 22.60%
Volume: 22,362,600 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: Pipe bottom reversal pattern from 11/29/2021 to 12/06/2021
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.

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MGE Energy Inc (MGEE)
Industry: Electric Utility (Central)
Industry RS rank: 35 out of 60
Stock RS rank: 247 out of 567
12/16/21 close: $79.81
1 Month avg volatility: $1.92. Volatility stop (for upward breakout): $74.82 or 6.3% below the close.
Change YTD: 13.97%
Volume: 105,900 shares. 3 month avg: 83,160 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 Thursday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 11/17/2021 to 11/30/2021
Breakout 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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NextGen Healthcare Inc (NXGN)
Industry: Healthcare Information
Industry RS rank: 55 out of 60
Stock RS rank: 346 out of 567
12/16/21 close: $16.79
1 Month avg volatility: $0.51. Volatility stop (for upward breakout): $15.55 or 7.4% below the close.
Change YTD: -7.95%
Volume: 567,100 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 bottom reversal pattern from 11/22/2021 to 11/29/2021
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.

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Nike Inc (NKE)
Industry: Shoe
Industry RS rank: 14 out of 60
Stock RS rank: 58 out of 567
12/16/21 close: $162.72
1 Month avg volatility: $3.65. Volatility stop (for downward breakout): $173.24 or 6.5% above the close.
Change YTD: 15.02%
Volume: 6,606,100 shares. 3 month avg: 10,538,462 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: Double Top, Adam and Adam reversal pattern from 11/05/2021 to 11/22/2021
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.

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Northrop Grumman Corp (NOC)
Industry: Aerospace/Defense
Industry RS rank: 51 out of 60
Stock RS rank: 279 out of 567
12/16/21 close: $378.72
1 Month avg volatility: $6.60. Volatility stop (for upward breakout): $364.32 or 3.8% below the close.
Change YTD: 24.28%
Volume: 720,700 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: Double Bottom, Adam and Adam reversal pattern from 11/18/2021 to 12/01/2021
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.

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Omnicom Group (OMC)
Industry: Advertising
Industry RS rank: 37 out of 60
Stock RS rank: 422 out of 567
12/16/21 close: $73.69
1 Month avg volatility: $1.55. Volatility stop (for upward breakout): $69.91 or 5.1% below the close.
Change YTD: 18.15%
Volume: 2,425,200 shares. 3 month avg: 2,548,395 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, Adam and Eve reversal pattern from 11/03/2021 to 11/26/2021
Breakout 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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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 37 out of 60
Stock RS rank: 322 out of 567
12/16/21 close: $23.97
1 Month avg volatility: $0.85. Volatility stop (for downward breakout): $26.27 or 9.6% above the close.
Change YTD: 22.55%
Volume: 1,409,400 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: Head-and-shoulders top reversal pattern from 10/08/2021 to 12/08/2021
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.

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PPL Corporation (PPL)
Industry: Electric Utility (East)
Industry RS rank: 23 out of 60
Stock RS rank: 265 out of 567
12/16/21 close: $29.48
1 Month avg volatility: $0.43. Volatility stop (for downward breakout): $30.62 or 3.9% above the close.
Change YTD: 4.54%
Volume: 4,830,800 shares. 3 month avg: 3,908,818 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: Broadening top reversal pattern from 10/20/2021 to 12/06/2021
Breakout 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.

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Premier Inc (PINC)
Industry: Healthcare Information
Industry RS rank: 55 out of 60
Stock RS rank: 147 out of 567
12/16/21 close: $38.49
1 Month avg volatility: $0.95. Volatility stop (for upward breakout): $36.05 or 6.3% below the close.
Change YTD: 9.66%
Volume: 590,900 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: Diamond bottom reversal pattern from 12/06/2021 to 12/16/2021
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.

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RLI Corp (RLI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 34 out of 60
Stock RS rank: 217 out of 567
12/16/21 close: $111.37
1 Month avg volatility: $2.75. Volatility stop (for upward breakout): $105.16 or 5.6% below the close.
Change YTD: 6.93%
Volume: 162,700 shares. 3 month avg: 149,782 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: Pipe bottom reversal pattern from 11/29/2021 to 12/06/2021
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.

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Valmont Industries Inc. (VMI)
Industry: Metal Fabricating
Industry RS rank: 45 out of 60
Stock RS rank: 231 out of 567
12/16/21 close: $244.06
1 Month avg volatility: $6.13. Volatility stop (for upward breakout): $231.06 or 5.3% below the close.
Change YTD: 39.52%
Volume: 67,500 shares. 3 month avg: 117,540 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: Multi-peaks from 02/18/2021 to 12/16/2021

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Wal-Mart Stores Inc. (WMT)
Industry: Retail Store
Industry RS rank: 6 out of 60
Stock RS rank: 241 out of 567
12/16/21 close: $143.34
1 Month avg volatility: $2.93. Volatility stop (for upward breakout): $137.04 or 4.4% below the close.
Change YTD: -0.56%
Volume: 12,916,100 shares. 3 month avg: 9,313,488 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: Double Bottom, Adam and Adam reversal pattern from 12/02/2021 to 12/09/2021
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.

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