As of 04/15/2024   Indus: 37,735 -248.13 -0.7%     Trans: 15,388 -109.77 -0.7%     Utils: 849 -6.15 -0.7%     Nasdaq: 15,885 -290.07 -1.8%     S&P 500: 5,062 -61.59 -1.2%	YTD  +0.1%   -3.2%   -3.7%    +5.8%    +6.1%	Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/1/24

As of 04/15/2024   Indus: 37,735 -248.13 -0.7%     Trans: 15,388 -109.77 -0.7%     Utils: 849 -6.15 -0.7%     Nasdaq: 15,885 -290.07 -1.8%     S&P 500: 5,062 -61.59 -1.2%	YTD  +0.1%   -3.2%   -3.7%    +5.8%    +6.1%
Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/1/24

Patterns for the Weekend Details

Copyright © 2022 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: 44 out of 60

Stock RS rank: 375 out of 566

3/10/22 close: $37.83

1 Month avg volatility: $1.23. Volatility stop (for upward breakout): $35.18 or 7.0% below the close.

Change YTD: -19.10%

Volume: 1,222,200 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: Broadening bottom reversal pattern from 01/25/2022 to 03/07/2022

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: Electric Utility (East)

Industry RS rank: 16 out of 60

Stock RS rank: 317 out of 566

3/10/22 close: $22.35

1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $20.36 or 8.9% below the close.

Change YTD: -8.02%

Volume: 3,907,400 shares. 3 month avg: 5,494,342 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 02/22/2022 to 02/28/2022

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: Air Transport

Industry RS rank: 33 out of 60

Stock RS rank: 67 out of 566

3/10/22 close: $31.71

1 Month avg volatility: $1.09. Volatility stop (for upward breakout): $28.53 or 10.0% below the close.

Change YTD: 7.93%

Volume: 374,700 shares. 3 month avg: 530,657 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: Pennant continuation pattern from 03/03/2022 to 03/10/2022

Breakout is upward 61% of the time.

Average rise: 25%.

Break-even failure rate: 2%.

Throwbacks occur 47% of the time.

Price hits measure rule target 60% of the time.

Industry: Insurance (Prop/Casualty)

Industry RS rank: 12 out of 60

Stock RS rank: 165 out of 566

3/10/22 close: $56.98

1 Month avg volatility: $2.02. Volatility stop (for downward breakout): $62.40 or 9.5% above the close.

Change YTD: 0.21%

Volume: 5,245,800 shares. 3 month avg: 5,185,998 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, Eve and Eve reversal pattern from 02/09/2022 to 02/25/2022

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: Insurance (Diversified)

Industry RS rank: 14 out of 60

Stock RS rank: 192 out of 566

3/10/22 close: $293.60

1 Month avg volatility: $7.56. Volatility stop (for downward breakout): $310.57 or 5.8% above the close.

Change YTD: -2.32%

Volume: 1,350,400 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: Roof, inverted reversal pattern from 02/04/2022 to 03/10/2022

Breakout is downward 50% of the time.

Average decline: 17%.

Break-even failure rate: 10%.

Pullbacks occur 56% of the time.

Price hits measure rule target 73% of the time.

Industry: Packaging and Container

Industry RS rank: 35 out of 60

Stock RS rank: 407 out of 566

3/10/22 close: $112.26

1 Month avg volatility: $3.27. Volatility stop (for downward breakout): $120.20 or 7.1% above the close.

Change YTD: -8.34%

Volume: 223,200 shares. 3 month avg: 241,254 shares.

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

 

Chart pattern: Double Top, Eve and Adam reversal pattern from 01/05/2022 to 03/01/2022

Breakout 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: Retail (Special Lines)

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

Industry RS rank: 58 out of 60

Stock RS rank: 397 out of 566

3/10/22 close: $20.96

1 Month avg volatility: $1.88. Volatility stop (for upward breakout): $16.57 or 20.9% below the close.

Change YTD: 43.76%

Volume: 5,747,300 shares. 3 month avg: 4,821,077 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: Triple bottom reversal pattern from 01/11/2022 to 02/24/2022

WARNING: A dead-cat bounce occurred on 09/30/2021. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 03/31/2022.

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: Retail (Special Lines)

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

Industry RS rank: 58 out of 60

Stock RS rank: 289 out of 566

3/10/22 close: $16.04

1 Month avg volatility: $1.46. Volatility stop (for downward breakout): $20.62 or 28.6% above the close.

Change YTD: -17.83%

Volume: 2,427,400 shares. 3 month avg: 99,982 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: Dead-cat bounce continuation pattern from 03/10/2022 to 03/10/2022

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Food Processing

Industry RS rank: 9 out of 60

Stock RS rank: 254 out of 566

3/10/22 close: $41.87

1 Month avg volatility: $1.14. Volatility stop (for upward breakout): $39.44 or 5.8% below the close.

Change YTD: -3.66%

Volume: 2,577,200 shares. 3 month avg: 2,769,580 shares.

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

 

Chart pattern: Broadening bottom reversal pattern from 01/26/2022 to 03/10/2022

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: Food Processing

Industry RS rank: 9 out of 60

Stock RS rank: 338 out of 566

3/10/22 close: $30.67

1 Month avg volatility: $0.84. Volatility stop (for downward breakout): $32.75 or 6.8% above the close.

Change YTD: -10.19%

Volume: 7,591,900 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 Friday.

 

Chart pattern: Double Top, Eve and Eve reversal pattern from 01/20/2022 to 02/18/2022

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: Petroleum (Producing)

Industry RS rank: 2 out of 60

Stock RS rank: 25 out of 566

3/10/22 close: $59.51

1 Month avg volatility: $3.27. Volatility stop (for upward breakout): $51.67 or 13.2% below the close.

Change YTD: 32.95%

Volume: 2,408,800 shares. 3 month avg: 2,362,946 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: Three Rising Valleys reversal pattern from 12/20/2021 to 02/15/2022

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.

Industry: Medical Supplies

Industry RS rank: 56 out of 60

Stock RS rank: 462 out of 566

3/10/22 close: $50.68

1 Month avg volatility: $1.64. Volatility stop (for downward breakout): $54.47 or 7.5% above the close.

Change YTD: -9.16%

Volume: 3,853,800 shares. 3 month avg: 2,503,563 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: Double Top, Eve and Adam reversal pattern from 01/05/2022 to 02/25/2022

Breakout 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: Financial Services

Industry RS rank: 54 out of 60

Stock RS rank: 366 out of 566

3/10/22 close: $104.80

1 Month avg volatility: $4.43. Volatility stop (for downward breakout): $115.10 or 9.8% above the close.

Change YTD: -9.31%

Volume: 2,364,600 shares. 3 month avg: 2,443,809 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, Eve and Eve reversal pattern from 01/13/2022 to 02/15/2022

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: Healthcare Information

Industry RS rank: 57 out of 60

Stock RS rank: 79 out of 566

3/10/22 close: $29.82

1 Month avg volatility: $1.23. Volatility stop (for downward breakout): $32.34 or 8.5% above the close.

Change YTD: 7.77%

Volume: 518,100 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: Broadening top, right-angled and ascending reversal pattern from 01/27/2022 to 03/02/2022

Breakout 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: Electric Utility (East)

Industry RS rank: 16 out of 60

Stock RS rank: 104 out of 566

3/10/22 close: $44.03

1 Month avg volatility: $1.01. Volatility stop (for upward breakout): $41.27 or 6.3% below the close.

Change YTD: 5.87%

Volume: 4,483,400 shares. 3 month avg: 4,155,280 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 bottom reversal pattern from 02/14/2022 to 02/22/2022

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: Machinery

Industry RS rank: 31 out of 60

Stock RS rank: 329 out of 566

3/10/22 close: $33.93

1 Month avg volatility: $1.11. Volatility stop (for upward breakout): $30.81 or 9.2% below the close.

Change YTD: 10.88%

Volume: 1,896,500 shares. 3 month avg: 1,457,883 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 02/22/2022 to 02/28/2022

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: Building Materials

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

Industry RS rank: 26 out of 60

Stock RS rank: 116 out of 566

3/10/22 close: $41.77

1 Month avg volatility: $1.70. Volatility stop (for upward breakout): $35.94 or 14.0% below the close.

Change YTD: 3.57%

Volume: 76,400 shares. 3 month avg: 80,035 shares.

This security may be thinly traded (less than 100k shares)!

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

 

Chart pattern: Pipe bottom reversal pattern from 02/22/2022 to 02/28/2022

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: Machinery

Industry RS rank: 31 out of 60

Stock RS rank: 201 out of 566

3/10/22 close: $34.49

1 Month avg volatility: $1.04. Volatility stop (for upward breakout): $31.53 or 8.6% below the close.

Change YTD: 16.13%

Volume: 11,800 shares. 3 month avg: 26,271 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 Friday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 02/04/2022 to 03/10/2022

Breakout is upward 54% of the time.

Average rise: 31%.

Break-even failure rate: 9%.

Throwbacks occur 37% of the time.

Price hits measure rule target 66% of the time.

Industry: Building Materials

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

Industry RS rank: 26 out of 60

Stock RS rank: 105 out of 566

3/10/22 close: $40.26

1 Month avg volatility: $1.17. Volatility stop (for upward breakout): $36.21 or 10.1% below the close.

Change YTD: 1.13%

Volume: 74,000 shares. 3 month avg: 163,711 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: Broadening wedge, descending reversal pattern from 02/02/2022 to 03/07/2022

Breakout is upward 79% of the time.

Average rise: 33%.

Break-even failure rate: 6%.

Throwbacks occur 53% of the time.

Price hits measure rule target 79% of the time.

Industry: Chemical (Diversified)

Industry RS rank: 24 out of 60

Stock RS rank: 3 out of 566

3/10/22 close: $81.15

1 Month avg volatility: $5.14. Volatility stop (for upward breakout): $64.45 or 20.6% below the close.

Change YTD: 89.91%

Volume: 826,600 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: Flag, high and tight continuation pattern from 01/24/2022 to 03/10/2022

WARNING: A dead-cat bounce occurred on 11/02/2021. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/03/2022.

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Medical Supplies

Industry RS rank: 56 out of 60

Stock RS rank: 566 out of 566

3/10/22 close: $1.52

1 Month avg volatility: $0.17. Volatility stop (for downward breakout): $2.04 or 34.4% above the close.

Change YTD: -44.12%

Volume: 2,850,400 shares. 3 month avg: 553,063 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: Dead-cat bounce continuation pattern from 03/09/2022 to 03/09/2022

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Food Processing

Industry RS rank: 9 out of 60

Stock RS rank: 260 out of 566

3/10/22 close: $61.01

1 Month avg volatility: $1.63. Volatility stop (for downward breakout): $65.32 or 7.1% above the close.

Change YTD: -5.29%

Volume: 2,645,700 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 Top, Adam and Adam reversal pattern from 02/23/2022 to 03/07/2022

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: Advertising

Industry RS rank: 20 out of 60

Stock RS rank: 267 out of 566

3/10/22 close: $109.50

1 Month avg volatility: $3.50. Volatility stop (for upward breakout): $100.15 or 8.5% below the close.

Change YTD: -9.73%

Volume: 509,000 shares. 3 month avg: 612,354 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: Falling wedge from 12/01/2021 to 03/10/2022

Breakout is upward 68% of the time.

Average rise: 32%.

Break-even failure rate: 11%.

Throwbacks occur 56% of the time.

Price hits measure rule target 70% of the time.

Industry: Oilfield Svcs/Equipment

Industry RS rank: 1 out of 60

Stock RS rank: 482 out of 566

3/10/22 close: $8.75

1 Month avg volatility: $0.45. Volatility stop (for upward breakout): $7.52 or 14.1% below the close.

Change YTD: 16.36%

Volume: 391,900 shares. 3 month avg: 303,508 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 12/29/2021 to 02/24/2022

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: Electric Utility (East)

Industry RS rank: 16 out of 60

Stock RS rank: 313 out of 566

3/10/22 close: $80.16

1 Month avg volatility: $2.08. Volatility stop (for upward breakout): $74.27 or 7.4% below the close.

Change YTD: -14.14%

Volume: 9,462,200 shares. 3 month avg: 1,582,705 shares.

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

 

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 01/28/2022 to 02/24/2022

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: Petroleum (Producing)

Industry RS rank: 2 out of 60

Stock RS rank: 4 out of 566

3/10/22 close: $58.13

1 Month avg volatility: $3.20. Volatility stop (for upward breakout): $50.02 or 14.0% below the close.

Change YTD: 100.52%

Volume: 81,580,200 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: Flag, high and tight continuation pattern from 01/03/2022 to 03/10/2022

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Chemical (Specialty)

Industry RS rank: 42 out of 60

Stock RS rank: 217 out of 566

3/10/22 close: $13.72

1 Month avg volatility: $0.29. Volatility stop (for downward breakout): $14.42 or 5.1% above the close.

Change YTD: 3.94%

Volume: 38,000 shares. 3 month avg: 70,862 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 Wednesday.

 

Chart pattern: Diamond top reversal pattern from 02/28/2022 to 03/09/2022

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: Oilfield Svcs/Equipment

Industry RS rank: 1 out of 60

Stock RS rank: 9 out of 566

3/10/22 close: $16.13

1 Month avg volatility: $0.86. Volatility stop (for upward breakout): $13.90 or 13.8% below the close.

Change YTD: 90.89%

Volume: 5,011,400 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: Flag, high and tight continuation pattern from 01/24/2022 to 03/08/2022

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: IT Services

Industry RS rank: 48 out of 60

Stock RS rank: 180 out of 566

3/10/22 close: $88.82

1 Month avg volatility: $2.33. Volatility stop (for upward breakout): $82.68 or 6.9% below the close.

Change YTD: 6.26%

Volume: 256,100 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: Triple bottom reversal pattern from 12/20/2021 to 02/24/2022

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: Packaging and Container

Industry RS rank: 35 out of 60

Stock RS rank: 132 out of 566

3/10/22 close: $64.25

1 Month avg volatility: $2.15. Volatility stop (for downward breakout): $68.60 or 6.8% above the close.

Change YTD: -4.77%

Volume: 1,215,100 shares. 3 month avg: 2,419,223 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: Double Top, Adam and Eve reversal pattern from 01/20/2022 to 02/18/2022

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 Building Supply

Industry RS rank: 13 out of 60

Stock RS rank: 94 out of 566

3/10/22 close: $228.95

1 Month avg volatility: $7.42. Volatility stop (for upward breakout): $205.75 or 10.1% below the close.

Change YTD: -4.04%

Volume: 1,006,900 shares. 3 month avg: 2,128,008 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: Pipe bottom reversal pattern from 02/22/2022 to 02/28/2022

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: Metals and Mining (Div.)

Industry RS rank: 6 out of 60

Stock RS rank: 16 out of 566

3/10/22 close: $15.33

1 Month avg volatility: $0.91. Volatility stop (for upward breakout): $13.23 or 13.7% below the close.

Change YTD: 63.09%

Volume: 2,408,500 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: Flag, high and tight continuation pattern from 02/08/2022 to 03/08/2022

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Metal Fabricating

Industry RS rank: 32 out of 60

Stock RS rank: 284 out of 566

3/10/22 close: $228.95

1 Month avg volatility: $6.31. Volatility stop (for upward breakout): $211.38 or 7.7% below the close.

Change YTD: -8.60%

Volume: 126,300 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 Thursday.

 

Chart pattern: Pipe bottom reversal pattern from 02/22/2022 to 02/28/2022

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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