As of 12/24/2024
Indus: 43,297 +390.08 +0.9%
Trans: 16,063 +127.24 +0.8%
Utils: 993 +4.93 +0.5%
Nasdaq: 20,031 +266.24 +1.3%
S&P 500: 6,040 +65.97 +1.1%
|
YTD
+14.9%
+1.0%
+12.7%
+33.4%
+26.6%
|
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
|
As of 12/24/2024
Indus: 43,297 +390.08 +0.9%
Trans: 16,063 +127.24 +0.8%
Utils: 993 +4.93 +0.5%
Nasdaq: 20,031 +266.24 +1.3%
S&P 500: 6,040 +65.97 +1.1%
|
YTD
+14.9%
+1.0%
+12.7%
+33.4%
+26.6%
| |
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
| ||
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: 40 out of 60Stock RS rank: 321 out of 5664/21/22 close: $41.321 Month avg volatility: $1.03. Volatility stop (for downward breakout): $44.20 or 7.0% above the close.Change YTD: -11.63%Volume: 526,500 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: Double Top, Adam and Eve reversal pattern from 04/07/2022 to 04/14/2022Breakout 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: Air TransportIndustry RS rank: 33 out of 60Stock RS rank: 230 out of 5664/21/22 close: $58.781 Month avg volatility: $1.62. Volatility stop (for upward breakout): $55.19 or 6.1% below the close.Change YTD: 12.82%Volume: 4,015,600 shares. 3 month avg: 1,966,126 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 04/04/2022 to 04/11/2022Breakout 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: Human ResourcesIndustry RS rank: 19 out of 60Stock RS rank: 120 out of 5664/21/22 close: $108.821 Month avg volatility: $3.13. Volatility stop (for upward breakout): $102.17 or 6.1% below the close.Change YTD: -11.04%Volume: 398,900 shares. 3 month avg: 286,222 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 03/07/2022 to 03/14/2022Breakout 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: ElectronicsIndustry RS rank: 24 out of 60Stock RS rank: 350 out of 5664/21/22 close: $71.621 Month avg volatility: $1.29. Volatility stop (for downward breakout): $76.16 or 6.3% above the close.Change YTD: -18.11%Volume: 1,904,300 shares. 3 month avg: 1,207,969 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 03/21/2022 to 03/29/2022Breakout 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: Insurance (Diversified)Industry RS rank: 12 out of 60Stock RS rank: 198 out of 5664/21/22 close: $333.461 Month avg volatility: $5.45. Volatility stop (for upward breakout): $321.73 or 3.5% below the close.Change YTD: 10.95%Volume: 1,012,200 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: Ugly double bottom reversal pattern from 01/28/2022 to 02/24/2022Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 11 out of 60Stock RS rank: 155 out of 5664/21/22 close: $58.371 Month avg volatility: $1.11. Volatility stop (for downward breakout): $61.29 or 5.0% above the close.Change YTD: 7.16%Volume: 608,000 shares. 3 month avg: 808,385 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 03/28/2022 to 04/04/2022Breakout 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 Building SupplyIndustry RS rank: 31 out of 60Stock RS rank: 98 out of 5664/21/22 close: $61.121 Month avg volatility: $1.75. Volatility stop (for upward breakout): $57.30 or 6.2% below the close.Change YTD: 6.57%Volume: 340,100 shares. 3 month avg: 811,195 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 04/04/2022 to 04/11/2022Breakout 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 ContainerIndustry RS rank: 21 out of 60Stock RS rank: 373 out of 5664/21/22 close: $59.151 Month avg volatility: $1.45. Volatility stop (for upward breakout): $55.70 or 5.8% below the close.Change YTD: -19.83%Volume: 564,300 shares. 3 month avg: 894,866 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 Bottom, Adam and Adam reversal pattern from 04/07/2022 to 04/18/2022Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Medical SuppliesIndustry RS rank: 47 out of 60Stock RS rank: 508 out of 5664/21/22 close: $545.241 Month avg volatility: $17.42. Volatility stop (for upward breakout): $508.87 or 6.7% below the close.Change YTD: -27.84%Volume: 188,400 shares. 3 month avg: 180,103 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 03/07/2022 to 03/14/2022Breakout 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: BiotechnologyIndustry RS rank: 36 out of 60Stock RS rank: 461 out of 5664/21/22 close: $218.401 Month avg volatility: $5.32. Volatility stop (for upward breakout): $207.66 or 4.9% below the close.Change YTD: -8.97%Volume: 931,300 shares. 3 month avg: 1,244,726 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: Ugly double bottom reversal pattern from 03/14/2022 to 04/06/2022Breakout 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: Aerospace/DefenseIndustry RS rank: 16 out of 60Stock RS rank: 440 out of 5664/21/22 close: $181.021 Month avg volatility: $5.54. Volatility stop (for upward breakout): $169.48 or 6.4% below the close.Change YTD: -10.08%Volume: 7,369,800 shares. 3 month avg: 3,332,308 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 03/07/2022 to 03/14/2022Breakout 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: Information ServicesIndustry RS rank: 44 out of 60Stock RS rank: 549 out of 5664/21/22 close: $58.261 Month avg volatility: $2.23. Volatility stop (for upward breakout): $53.46 or 8.2% below the close.Change YTD: -12.48%Volume: 275,100 shares. 3 month avg: 943,408 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 bottom reversal pattern from 04/04/2022 to 04/11/2022Breakout 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: Chemical (Diversified)Industry RS rank: 22 out of 60Stock RS rank: 44 out of 5664/21/22 close: $70.251 Month avg volatility: $1.82. Volatility stop (for upward breakout): $66.12 or 5.9% below the close.Change YTD: 25.00%Volume: 331,400 shares. 3 month avg: 325,852 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 04/04/2022 to 04/11/2022Breakout 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: BiotechnologyIndustry RS rank: 36 out of 60Stock RS rank: 524 out of 5664/21/22 close: $292.001 Month avg volatility: $9.61. Volatility stop (for upward breakout): $271.84 or 6.9% below the close.Change YTD: -22.50%Volume: 588,000 shares. 3 month avg: 379,248 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 03/07/2022 to 03/14/2022Breakout 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: ApparelIndustry RS rank: 38 out of 60Stock RS rank: 197 out of 5664/21/22 close: $5.401 Month avg volatility: $0.21. Volatility stop (for upward breakout): $4.86 or 9.9% below the close.Change YTD: 0.37%Volume: 2,282,400 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: Pipe bottom reversal pattern from 03/07/2022 to 03/14/2022Breakout 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: Precision InstrumentIndustry RS rank: 42 out of 60Stock RS rank: 439 out of 5664/21/22 close: $71.021 Month avg volatility: $1.94. Volatility stop (for downward breakout): $77.33 or 8.9% above the close.Change YTD: -8.67%Volume: 377,500 shares. 3 month avg: 1,157,365 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: Pipe top reversal pattern from 03/28/2022 to 04/04/2022Breakout 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: 48 out of 60Stock RS rank: 169 out of 5664/21/22 close: $86.421 Month avg volatility: $1.84. Volatility stop (for downward breakout): $92.46 or 7.0% above the close.Change YTD: -2.59%Volume: 2,291,600 shares. 3 month avg: 3,250,685 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 Adam reversal pattern from 03/22/2022 to 03/29/2022Breakout 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: IT ServicesIndustry RS rank: 48 out of 60Stock RS rank: 51 out of 5664/21/22 close: $64.621 Month avg volatility: $1.17. Volatility stop (for upward breakout): $62.19 or 3.8% below the close.Change YTD: 12.15%Volume: 110,500 shares. 3 month avg: 127,302 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, ascending reversal pattern from 03/08/2022 to 04/21/2022Breakout 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: ElectronicsIndustry RS rank: 24 out of 60Stock RS rank: 172 out of 5664/21/22 close: $35.251 Month avg volatility: $0.86. Volatility stop (for upward breakout): $33.49 or 5.0% below the close.Change YTD: -4.00%Volume: 83,800 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: Double Bottom, Adam and Adam reversal pattern from 04/11/2022 to 04/18/2022Breakout 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: Natural Gas (Diversified)Industry RS rank: 2 out of 60Stock RS rank: 17 out of 5664/21/22 close: $61.151 Month avg volatility: $2.12. Volatility stop (for upward breakout): $56.62 or 7.4% below the close.Change YTD: 38.82%Volume: 10,630,500 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: Pipe bottom reversal pattern from 03/28/2022 to 04/04/2022Breakout 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: Retail StoreIndustry RS rank: 9 out of 60Stock RS rank: 28 out of 5664/21/22 close: $303.281 Month avg volatility: $13.01. Volatility stop (for upward breakout): $273.66 or 9.8% below the close.Change YTD: 23.78%Volume: 165,200 shares. 3 month avg: 658,302 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 12/20/2021 to 03/02/2022WARNING: A dead-cat bounce occurred on 11/30/2021. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/31/2022.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: Financial ServicesIndustry RS rank: 53 out of 60Stock RS rank: 402 out of 5664/21/22 close: $116.531 Month avg volatility: $3.04. Volatility stop (for upward breakout): $110.06 or 5.6% below the close.Change YTD: 0.84%Volume: 1,228,000 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 Monday.Chart pattern: Ugly double bottom reversal pattern from 03/08/2022 to 04/07/2022Breakout 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/EquipmentIndustry RS rank: 4 out of 60Stock RS rank: 41 out of 5664/21/22 close: $33.221 Month avg volatility: $1.92. Volatility stop (for downward breakout): $39.34 or 18.4% above the close.Change YTD: 68.80%Volume: 422,900 shares. 3 month avg: 557,835 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, Adam and Adam reversal pattern from 04/04/2022 to 04/19/2022Breakout 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: Chemical (Diversified)Industry RS rank: 22 out of 60Stock RS rank: 236 out of 5664/21/22 close: $110.461 Month avg volatility: $2.40. Volatility stop (for upward breakout): $105.56 or 4.4% below the close.Change YTD: -8.64%Volume: 1,008,500 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: Double Bottom, Adam and Adam reversal pattern from 04/07/2022 to 04/19/2022Breakout 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: IT ServicesIndustry RS rank: 48 out of 60Stock RS rank: 559 out of 5664/21/22 close: $286.841 Month avg volatility: $19.11. Volatility stop (for upward breakout): $247.17 or 13.8% below the close.Change YTD: -57.09%Volume: 493,300 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: Triangle, symmetrical continuation pattern from 03/25/2022 to 04/21/2022WARNING: A dead-cat bounce occurred on 02/28/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 05/30/2022 and a 38% chance by 08/29/2022.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: Natural Gas (Diversified)Industry RS rank: 2 out of 60Stock RS rank: 4 out of 5664/21/22 close: $42.041 Month avg volatility: $1.96. Volatility stop (for upward breakout): $37.65 or 10.5% below the close.Change YTD: 92.76%Volume: 12,201,700 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: Flag, high and tight continuation pattern from 02/10/2022 to 04/21/2022Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 50 out of 60Stock RS rank: 188 out of 5664/21/22 close: $95.241 Month avg volatility: $3.14. Volatility stop (for upward breakout): $88.19 or 7.4% below the close.Change YTD: -21.35%Volume: 138,000 shares. 3 month avg: 140,032 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: Pipe bottom reversal pattern from 04/04/2022 to 04/11/2022Breakout 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: 14 out of 60Stock RS rank: 117 out of 5664/21/22 close: $44.951 Month avg volatility: $1.71. Volatility stop (for upward breakout): $41.05 or 8.7% below the close.Change YTD: 7.72%Volume: 31,037,600 shares. 3 month avg: 23,596,338 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: Three Rising Valleys reversal pattern from 01/28/2022 to 03/15/2022Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 29 out of 60Stock RS rank: 531 out of 5664/21/22 close: $9.361 Month avg volatility: $0.37. Volatility stop (for upward breakout): $8.50 or 9.2% below the close.Change YTD: -0.21%Volume: 18,900 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: Scallop, ascending continuation pattern from 03/31/2022 to 04/20/2022Breakout 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: IT ServicesIndustry RS rank: 48 out of 60Stock RS rank: 288 out of 5664/21/22 close: $304.761 Month avg volatility: $6.90. Volatility stop (for upward breakout): $290.00 or 4.8% below the close.Change YTD: -8.84%Volume: 370,300 shares. 3 month avg: 564,655 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: Ugly double bottom reversal pattern from 03/07/2022 to 04/11/2022Breakout 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: ElectronicsIndustry RS rank: 24 out of 60Stock RS rank: 294 out of 5664/21/22 close: $8.831 Month avg volatility: $0.27. Volatility stop (for upward breakout): $8.22 or 6.9% below the close.Change YTD: -14.35%Volume: 1,596,800 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: Ugly double bottom reversal pattern from 03/14/2022 to 04/11/2022Breakout 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: Metals and Mining (Div.)Industry RS rank: 14 out of 60Stock RS rank: 138 out of 5664/21/22 close: $6.511 Month avg volatility: $0.31. Volatility stop (for upward breakout): $5.76 or 11.6% below the close.Change YTD: 24.71%Volume: 9,396,500 shares. 3 month avg: 4,539,271 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: Head-and-shoulders bottom reversal pattern from 03/15/2022 to 04/06/2022Breakout 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.
Industry: Retail Building SupplyIndustry RS rank: 31 out of 60Stock RS rank: 410 out of 5664/21/22 close: $310.361 Month avg volatility: $7.90. Volatility stop (for upward breakout): $293.94 or 5.3% below the close.Change YTD: -25.22%Volume: 2,924,500 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: Head-and-shoulders bottom reversal pattern from 03/31/2022 to 04/18/2022Breakout 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.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 29 out of 60Stock RS rank: 123 out of 5664/21/22 close: $43.861 Month avg volatility: $1.18. Volatility stop (for upward breakout): $40.16 or 8.4% below the close.Change YTD: 10.17%Volume: 324,300 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 Tuesday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 02/24/2022 to 04/06/2022Breakout 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.
Industry: ElectronicsIndustry RS rank: 24 out of 60Stock RS rank: 346 out of 5664/21/22 close: $83.541 Month avg volatility: $2.58. Volatility stop (for upward breakout): $78.08 or 6.5% below the close.Change YTD: -2.40%Volume: 157,800 shares. 3 month avg: 128,783 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 03/23/2022 to 04/06/2022Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 39 out of 60Stock RS rank: 422 out of 5664/21/22 close: $47.501 Month avg volatility: $1.33. Volatility stop (for downward breakout): $51.57 or 8.6% above the close.Change YTD: -7.77%Volume: 27,271,200 shares. 3 month avg: 27,019,903 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 03/21/2022 to 03/28/2022Breakout 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: AdvertisingIndustry RS rank: 20 out of 60Stock RS rank: 315 out of 5664/21/22 close: $35.911 Month avg volatility: $0.91. Volatility stop (for upward breakout): $33.99 or 5.4% below the close.Change YTD: -4.11%Volume: 3,000,400 shares. 3 month avg: 6,516,800 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: Ugly double bottom reversal pattern from 03/08/2022 to 03/23/2022Breakout 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: Medical SuppliesIndustry RS rank: 47 out of 60Stock RS rank: 407 out of 5664/21/22 close: $294.571 Month avg volatility: $8.48. Volatility stop (for downward breakout): $324.95 or 10.3% above the close.Change YTD: -18.02%Volume: 2,353,800 shares. 3 month avg: 571,982 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 03/28/2022 to 04/04/2022Breakout 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: Metal FabricatingIndustry RS rank: 26 out of 60Stock RS rank: 518 out of 5664/21/22 close: $28.161 Month avg volatility: $0.84. Volatility stop (for upward breakout): $26.29 or 6.6% below the close.Change YTD: -21.58%Volume: 730,500 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 Monday.Chart pattern: Pipe bottom reversal pattern from 04/04/2022 to 04/11/2022Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 11 out of 60Stock RS rank: 126 out of 5664/21/22 close: $66.661 Month avg volatility: $1.01. Volatility stop (for upward breakout): $64.57 or 3.1% below the close.Change YTD: 15.41%Volume: 989,100 shares. 3 month avg: 964,671 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: Scallop, ascending and inverted continuation pattern from 03/07/2022 to 04/07/2022Breakout 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: IT ServicesIndustry RS rank: 48 out of 60Stock RS rank: 277 out of 5664/21/22 close: $41.901 Month avg volatility: $1.33. Volatility stop (for upward breakout): $38.99 or 7.0% below the close.Change YTD: 4.23%Volume: 1,094,100 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 bottom reversal pattern from 04/04/2022 to 04/11/2022Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 51 out of 60Stock RS rank: 562 out of 5664/21/22 close: $218.221 Month avg volatility: $14.53. Volatility stop (for downward breakout): $256.73 or 17.7% above the close.Change YTD: -63.78%Volume: 53,277,600 shares. 3 month avg: 6,844,629 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: Dead-cat bounce continuation pattern from 04/20/2022 to 04/20/2022Breakout is downward 67% of the time.Average decline: 18%.
Industry: Household ProductsIndustry RS rank: 13 out of 60Stock RS rank: 241 out of 5664/21/22 close: $23.361 Month avg volatility: $0.56. Volatility stop (for upward breakout): $22.12 or 5.3% below the close.Change YTD: 6.96%Volume: 1,754,800 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: Pipe bottom reversal pattern from 03/28/2022 to 04/04/2022Breakout 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: Chemical (Specialty)Industry RS rank: 46 out of 60Stock RS rank: 374 out of 5664/21/22 close: $336.411 Month avg volatility: $6.93. Volatility stop (for downward breakout): $353.66 or 5.1% above the close.Change YTD: -1.84%Volume: 20,600 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: Rising wedge reversal pattern from 03/04/2022 to 04/21/2022Breakout 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: ShoeIndustry RS rank: 57 out of 60Stock RS rank: 425 out of 5664/21/22 close: $135.461 Month avg volatility: $3.33. Volatility stop (for upward breakout): $128.42 or 5.2% below the close.Change YTD: -18.73%Volume: 6,357,700 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 Friday.Chart pattern: Pipe bottom reversal pattern from 04/04/2022 to 04/11/2022Breakout 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 MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 29 out of 60Stock RS rank: 135 out of 5664/21/22 close: $27.001 Month avg volatility: $0.82. Volatility stop (for upward breakout): $24.93 or 7.7% below the close.Change YTD: -15.09%Volume: 88,100 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: Double Bottom, Eve and Eve reversal pattern from 03/30/2022 to 04/07/2022Breakout is upward 100% of the time.Average rise: 40%.Break-even failure rate: 4%.Throwbacks occur 55% of the time.Price hits measure rule target 67% of the time.
Industry: Electric Utility (Central)Industry RS rank: 8 out of 60Stock RS rank: 65 out of 5664/21/22 close: $42.281 Month avg volatility: $0.57. Volatility stop (for upward breakout): $40.95 or 3.2% below the close.Change YTD: 10.16%Volume: 907,000 shares. 3 month avg: 1,006,480 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 continuation pattern from 03/04/2022 to 04/06/2022Breakout 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: Human ResourcesIndustry RS rank: 19 out of 60Stock RS rank: 237 out of 5664/21/22 close: $120.151 Month avg volatility: $2.46. Volatility stop (for upward breakout): $114.59 or 4.6% below the close.Change YTD: -2.63%Volume: 164,400 shares. 3 month avg: 295,840 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 03/08/2022 to 04/11/2022Breakout 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: Medical SuppliesIndustry RS rank: 47 out of 60Stock RS rank: 194 out of 5664/21/22 close: $34.341 Month avg volatility: $0.80. Volatility stop (for downward breakout): $36.52 or 6.3% above the close.Change YTD: 17.00%Volume: 602,400 shares. 3 month avg: 1,885,975 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: Diamond top reversal pattern from 04/08/2022 to 04/21/2022Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 23 out of 60Stock RS rank: 127 out of 5664/21/22 close: $49.111 Month avg volatility: $1.44. Volatility stop (for downward breakout): $52.89 or 7.7% above the close.Change YTD: -16.83%Volume: 18,851,700 shares. 3 month avg: 34,097,717 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 03/21/2022 to 04/11/2022Breakout 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: 59 out of 60Stock RS rank: 313 out of 5664/21/22 close: $37.941 Month avg volatility: $0.84. Volatility stop (for upward breakout): $36.02 or 5.1% below the close.Change YTD: -7.85%Volume: 703,200 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: Triple bottom reversal pattern from 02/28/2022 to 03/24/2022Breakout 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: HomebuildingIndustry RS rank: 58 out of 60Stock RS rank: 418 out of 5664/21/22 close: $43.311 Month avg volatility: $1.51. Volatility stop (for upward breakout): $40.03 or 7.6% below the close.Change YTD: -24.23%Volume: 1,720,100 shares. 3 month avg: 4,812,565 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 04/04/2022 to 04/11/2022Breakout 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: Medical ServicesIndustry RS rank: 15 out of 60Stock RS rank: 296 out of 5664/21/22 close: $141.641 Month avg volatility: $3.19. Volatility stop (for upward breakout): $130.01 or 8.2% below the close.Change YTD: -18.13%Volume: 2,241,100 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: Double Bottom, Eve and Adam reversal pattern from 04/06/2022 to 04/18/2022Breakout 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: Computer Software and SvcsIndustry RS rank: 55 out of 60Stock RS rank: 561 out of 5664/21/22 close: $93.121 Month avg volatility: $6.45. Volatility stop (for downward breakout): $115.08 or 23.6% above the close.Change YTD: -50.30%Volume: 1,873,500 shares. 3 month avg: 1,339,514 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 03/22/2022 to 03/29/2022Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 50 out of 60Stock RS rank: 486 out of 5664/21/22 close: $209.321 Month avg volatility: $12.45. Volatility stop (for upward breakout): $183.51 or 12.3% below the close.Change YTD: -37.89%Volume: 494,600 shares. 3 month avg: 163,825 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 04/08/2022 to 04/18/2022Breakout 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: Air TransportIndustry RS rank: 33 out of 60Stock RS rank: 274 out of 5664/21/22 close: $48.381 Month avg volatility: $1.21. Volatility stop (for upward breakout): $45.79 or 5.3% below the close.Change YTD: 12.93%Volume: 11,888,100 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: Ugly double bottom reversal pattern from 03/07/2022 to 04/11/2022Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Natural Gas (Diversified)Industry RS rank: 2 out of 60Stock RS rank: 16 out of 5664/21/22 close: $7.791 Month avg volatility: $0.45. Volatility stop (for upward breakout): $6.80 or 12.7% below the close.Change YTD: 67.17%Volume: 35,085,600 shares. 3 month avg: 16,683,949 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: Flag, high and tight continuation pattern from 02/22/2022 to 04/21/2022Breakout 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: Diversified Co.Industry RS rank: 40 out of 60Stock RS rank: 306 out of 5664/21/22 close: $101.141 Month avg volatility: $2.16. Volatility stop (for downward breakout): $107.02 or 5.8% above the close.Change YTD: -8.60%Volume: 28,100 shares. 3 month avg: 37,109 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: Triple top reversal pattern from 02/09/2022 to 03/21/2022Breakout 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: Computer Software and SvcsIndustry RS rank: 55 out of 60Stock RS rank: 322 out of 5664/21/22 close: $295.501 Month avg volatility: $11.14. Volatility stop (for downward breakout): $334.86 or 13.3% above the close.Change YTD: -19.81%Volume: 662,700 shares. 3 month avg: 998,728 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 03/28/2022 to 04/04/2022Breakout 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 StoreIndustry RS rank: 9 out of 60Stock RS rank: 266 out of 5664/21/22 close: $248.171 Month avg volatility: $5.64. Volatility stop (for upward breakout): $236.33 or 4.8% below the close.Change YTD: 7.23%Volume: 3,882,600 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: Pipe bottom reversal pattern from 03/28/2022 to 04/04/2022Breakout 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: BiotechnologyIndustry RS rank: 36 out of 60Stock RS rank: 471 out of 5664/21/22 close: $412.091 Month avg volatility: $12.89. Volatility stop (for downward breakout): $454.03 or 10.2% above the close.Change YTD: -20.34%Volume: 146,600 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: Broadening top reversal pattern from 03/18/2022 to 04/07/2022Breakout 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: Metal FabricatingIndustry RS rank: 26 out of 60Stock RS rank: 437 out of 5664/21/22 close: $61.051 Month avg volatility: $1.70. Volatility stop (for upward breakout): $57.34 or 6.1% below the close.Change YTD: -11.89%Volume: 389,600 shares. 3 month avg: 853,643 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 04/04/2022 to 04/11/2022Breakout 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: Retail StoreIndustry RS rank: 9 out of 60Stock RS rank: 222 out of 5664/21/22 close: $65.941 Month avg volatility: $1.67. Volatility stop (for upward breakout): $62.41 or 5.4% below the close.Change YTD: -13.15%Volume: 7,640,100 shares. 3 month avg: 4,406,445 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 03/08/2022 to 04/07/2022Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 11 out of 60Stock RS rank: 153 out of 5664/21/22 close: $176.261 Month avg volatility: $3.38. Volatility stop (for downward breakout): $186.53 or 5.8% above the close.Change YTD: 12.68%Volume: 1,801,600 shares. 3 month avg: 1,525,757 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 03/28/2022 to 04/11/2022Breakout 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: Natural Gas (Distributor)Industry RS rank: 5 out of 60Stock RS rank: 448 out of 5664/21/22 close: $37.351 Month avg volatility: $0.69. Volatility stop (for upward breakout): $35.84 or 4.0% below the close.Change YTD: -18.65%Volume: 1,329,100 shares. 3 month avg: 686,418 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: Ugly double bottom reversal pattern from 03/11/2022 to 04/14/2022Breakout 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: Healthcare InformationIndustry RS rank: 59 out of 60Stock RS rank: 548 out of 5664/21/22 close: $185.981 Month avg volatility: $7.30. Volatility stop (for downward breakout): $212.70 or 14.4% above the close.Change YTD: -27.20%Volume: 627,300 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 03/28/2022 to 04/04/2022Breakout 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: ElectronicsIndustry RS rank: 24 out of 60Stock RS rank: 380 out of 5664/21/22 close: $97.231 Month avg volatility: $4.16. Volatility stop (for downward breakout): $113.32 or 16.6% above the close.Change YTD: -12.52%Volume: 254,100 shares. 3 month avg: 255,915 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: Horn top reversal pattern from 03/14/2022 to 03/28/2022Breakout is downward 100% of the time.Average decline: 21%.Break-even failure rate: 7%.Pullbacks occur 33% of the time.Price hits measure rule target 70% of the time.
Industry: Chemical (Basic)Industry RS rank: 18 out of 60Stock RS rank: 53 out of 5664/21/22 close: $130.521 Month avg volatility: $3.64. Volatility stop (for upward breakout): $122.45 or 6.2% below the close.Change YTD: 34.38%Volume: 682,200 shares. 3 month avg: 812,517 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 04/04/2022 to 04/11/2022Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 52 out of 60Stock RS rank: 505 out of 5664/21/22 close: $390.041 Month avg volatility: $11.87. Volatility stop (for downward breakout): $430.23 or 10.3% above the close.Change YTD: -34.47%Volume: 268,600 shares. 3 month avg: 395,197 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: Triple top reversal pattern from 03/18/2022 to 04/04/2022Breakout 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.
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