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 © 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.

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: 53 out of 60
Stock RS rank: 315 out of 565
5/5/22 close: $113.01
1 Month avg volatility: $3.26. Volatility stop (for downward breakout): $121.52 or 7.5% above the close.
Change YTD: -19.70%
Volume: 5,686,300 shares. 3 month avg: 6,008,617 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 04/08/2022 to 04/21/2022
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.

Top

Advanced Energy (AEIS)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 45 out of 60
Stock RS rank: 351 out of 565
5/5/22 close: $79.69
1 Month avg volatility: $2.98. Volatility stop (for upward breakout): $70.72 or 11.3% below the close.
Change YTD: -12.49%
Volume: 269,300 shares. 3 month avg: 447,252 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 04/18/2022 to 04/27/2022
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.

Top

Akamai Technologies Inc (AKAM)
Industry: E-Commerce
Industry RS rank: 57 out of 60
Stock RS rank: 298 out of 565
5/5/22 close: $98.67
1 Month avg volatility: $2.76. Volatility stop (for downward breakout): $107.49 or 8.9% above the close.
Change YTD: -15.70%
Volume: 4,073,000 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: Double Top, Eve and Adam reversal pattern from 04/05/2022 to 04/21/2022
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.

Top

Alcoa (AA)
Industry: Aerospace/Defense
Industry RS rank: 7 out of 60
Stock RS rank: 33 out of 565
5/5/22 close: $63.46
1 Month avg volatility: $4.66. Volatility stop (for downward breakout): $77.48 or 22.1% above the close.
Change YTD: 6.51%
Volume: 5,550,200 shares. 3 month avg: 8,355,648 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 03/07/2022 to 04/18/2022
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.

Top

American Woodmark Corp (AMWD)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 37 out of 60
Stock RS rank: 504 out of 565
5/5/22 close: $48.76
1 Month avg volatility: $1.98. Volatility stop (for downward breakout): $54.03 or 10.8% above the close.
Change YTD: -25.21%
Volume: 81,800 shares. 3 month avg: 141,992 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Scallop, descending continuation pattern from 03/21/2022 to 05/04/2022
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.

Top

ArcBest Corp (ARCB)
Industry: Trucking/Transp. Leasing
Industry RS rank: 49 out of 60
Stock RS rank: 472 out of 565
5/5/22 close: $79.39
1 Month avg volatility: $3.40. Volatility stop (for upward breakout): $70.56 or 11.1% below the close.
Change YTD: -33.76%
Volume: 298,200 shares. 3 month avg: 234,063 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 04/08/2022 to 04/27/2022
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.

Top

Bed Bath and Beyond (BBBY)
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: 506 out of 565
5/5/22 close: $12.76
1 Month avg volatility: $1.42. Volatility stop (for downward breakout): $16.79 or 31.6% above the close.
Change YTD: -12.48%
Volume: 4,713,700 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: Double Top, Adam and Adam reversal pattern from 03/07/2022 to 03/29/2022
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.

Top

Best Buy Co. (BBY)
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: 467 out of 565
5/5/22 close: $92.21
1 Month avg volatility: $3.59. Volatility stop (for upward breakout): $83.83 or 9.1% below the close.
Change YTD: -9.24%
Volume: 2,249,800 shares. 3 month avg: 4,325,955 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triple bottom reversal pattern from 04/06/2022 to 05/02/2022
WARNING: A dead-cat bounce occurred on 11/23/2021. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/24/2022.
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.

Top

Brady Corp (BRC)
Industry: Chemical (Diversified)
Industry RS rank: 22 out of 60
Stock RS rank: 360 out of 565
5/5/22 close: $45.90
1 Month avg volatility: $1.12. Volatility stop (for upward breakout): $43.17 or 6.0% below the close.
Change YTD: -14.84%
Volume: 298,000 shares. 3 month avg: 204,463 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 bottom reversal pattern from 04/06/2022 to 04/29/2022
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.

Top

Builders FirstSource, Inc (BLDR)
Industry: Retail Building Supply
Industry RS rank: 33 out of 60
Stock RS rank: 110 out of 565
5/5/22 close: $65.91
1 Month avg volatility: $3.19. Volatility stop (for upward breakout): $58.46 or 11.3% below the close.
Change YTD: -23.10%
Volume: 2,472,600 shares. 3 month avg: 1,257,223 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 04/07/2022 to 04/27/2022
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.

Top

Caleres (CAL)
Industry: Shoe
Industry RS rank: 60 out of 60
Stock RS rank: 242 out of 565
5/5/22 close: $24.47
1 Month avg volatility: $0.97. Volatility stop (for upward breakout): $21.37 or 12.7% below the close.
Change YTD: 7.89%
Volume: 656,200 shares. 3 month avg: 329,342 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: Three Rising Valleys reversal pattern from 03/08/2022 to 04/25/2022
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.

Top

Centerpoint Energy (CNP)
Industry: Electric Utility (Central)
Industry RS rank: 8 out of 60
Stock RS rank: 68 out of 565
5/5/22 close: $30.94
1 Month avg volatility: $0.66. Volatility stop (for upward breakout): $29.26 or 5.4% below the close.
Change YTD: 10.86%
Volume: 5,038,600 shares. 3 month avg: 2,845,400 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Scallop, ascending and inverted continuation pattern from 03/10/2022 to 05/02/2022
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.

Top

Eagle Materials Inc. (EXP)
Industry: Cement and Aggregates
Industry RS rank: 32 out of 60
Stock RS rank: 357 out of 565
5/5/22 close: $128.90
1 Month avg volatility: $4.59. Volatility stop (for upward breakout): $116.77 or 9.4% below the close.
Change YTD: -22.56%
Volume: 337,300 shares. 3 month avg: 553,088 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triple bottom reversal pattern from 04/07/2022 to 04/25/2022
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.

Top

Encore Wire Corp (WIRE)
Industry: Metals and Mining (Div.)
Industry RS rank: 14 out of 60
Stock RS rank: 249 out of 565
5/5/22 close: $130.07
1 Month avg volatility: $4.91. Volatility stop (for upward breakout): $117.23 or 9.9% below the close.
Change YTD: -9.11%
Volume: 260,600 shares. 3 month avg: 88,880 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 Thursday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 04/07/2022 to 04/25/2022
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.

Top

EPAM Systems Inc (EPAM)
Industry: IT Services
Industry RS rank: 42 out of 60
Stock RS rank: 549 out of 565
5/5/22 close: $346.00
1 Month avg volatility: $19.47. Volatility stop (for upward breakout): $294.34 or 14.9% below the close.
Change YTD: -48.24%
Volume: 2,594,800 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 03/08/2022 to 05/05/2022
WARNING: 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 100% of the time.
Average rise: 69%.
Throwbacks occur 54% of the time.
Price hits measure rule target 90% of the time.

Top

Exelon Corp. (EXC)
Industry: Electric Utility (East)
Industry RS rank: 11 out of 60
Stock RS rank: 326 out of 565
5/5/22 close: $46.90
1 Month avg volatility: $1.09. Volatility stop (for downward breakout): $49.85 or 6.3% above the close.
Change YTD: -18.80%
Volume: 7,042,500 shares. 3 month avg: 5,244,875 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 04/08/2022 to 04/21/2022
WARNING: A dead-cat bounce occurred on 02/02/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/03/2022.
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.

Top

EZCorp Inc (EZPW)
Industry: Financial Services
Industry RS rank: 28 out of 60
Stock RS rank: 169 out of 565
5/5/22 close: $7.79
1 Month avg volatility: $0.28. Volatility stop (for downward breakout): $8.80 or 13.0% above the close.
Change YTD: 5.70%
Volume: 1,151,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Broadening top reversal pattern from 04/13/2022 to 05/02/2022
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.

Top

FMC Corp. (FMC)
Industry: Chemical (Basic)
Industry RS rank: 16 out of 60
Stock RS rank: 90 out of 565
5/5/22 close: $118.54
1 Month avg volatility: $3.66. Volatility stop (for downward breakout): $130.87 or 10.4% above the close.
Change YTD: 7.87%
Volume: 2,231,700 shares. 3 month avg: 1,151,138 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 03/25/2022 to 04/29/2022
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.

Top

Forward Air Corp (FWRD)
Industry: Trucking/Transp. Leasing
Industry RS rank: 49 out of 60
Stock RS rank: 237 out of 565
5/5/22 close: $99.56
1 Month avg volatility: $3.51. Volatility stop (for upward breakout): $90.81 or 8.8% below the close.
Change YTD: -17.78%
Volume: 118,200 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 Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 04/08/2022 to 04/27/2022
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.

Top

Genworth Financial Inc (GNW)
Industry: Insurance (Life)
Industry RS rank: 20 out of 60
Stock RS rank: 258 out of 565
5/5/22 close: $4.03
1 Month avg volatility: $0.14. Volatility stop (for upward breakout): $3.70 or 8.3% below the close.
Change YTD: -0.49%
Volume: 3,725,600 shares. 3 month avg: 4,022,160 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Broadening bottom reversal pattern from 03/17/2022 to 05/05/2022
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.

Top

Griffon Corp (GFF)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 37 out of 60
Stock RS rank: 356 out of 565
5/5/22 close: $23.02
1 Month avg volatility: $0.86. Volatility stop (for upward breakout): $20.90 or 9.2% below the close.
Change YTD: -19.17%
Volume: 300,900 shares. 3 month avg: 83,558 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 04/11/2022 to 04/27/2022
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.

Top

Hanover Insurance Group, The (THG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 10 out of 60
Stock RS rank: 80 out of 565
5/5/22 close: $149.32
1 Month avg volatility: $3.26. Volatility stop (for downward breakout): $158.29 or 6.0% above the close.
Change YTD: 13.93%
Volume: 303,500 shares. 3 month avg: 201,215 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: Triple top reversal pattern from 04/04/2022 to 04/21/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

Top

Harsco Corp (HSC)
Industry: Diversified Co.
Industry RS rank: 50 out of 60
Stock RS rank: 535 out of 565
5/5/22 close: $8.50
1 Month avg volatility: $0.53. Volatility stop (for downward breakout): $10.24 or 20.5% above the close.
Change YTD: -49.13%
Volume: 1,334,200 shares. 3 month avg: 523,465 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: Dead-cat bounce continuation pattern from 05/03/2022 to 05/03/2022
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Illinois Tool Works Inc. (ITW)
Industry: Metal Fabricating
Industry RS rank: 23 out of 60
Stock RS rank: 277 out of 565
5/5/22 close: $208.17
1 Month avg volatility: $5.10. Volatility stop (for upward breakout): $196.68 or 5.5% below the close.
Change YTD: -15.65%
Volume: 1,953,400 shares. 3 month avg: 1,139,580 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: Double Bottom, Adam and Adam reversal pattern from 04/18/2022 to 05/02/2022
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.

Top

Illumina Inc (ILMN)
Industry: Biotechnology
Industry RS rank: 38 out of 60
Stock RS rank: 485 out of 565
5/5/22 close: $291.72
1 Month avg volatility: $11.76. Volatility stop (for downward breakout): $329.99 or 13.1% above the close.
Change YTD: -23.32%
Volume: 1,048,800 shares. 3 month avg: 726,254 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: Head-and-shoulders top reversal pattern from 03/22/2022 to 04/21/2022
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.

Top

Infinera Corp. (INFN)
Industry: Telecom. Equipment
Industry RS rank: 24 out of 60
Stock RS rank: 451 out of 565
5/5/22 close: $6.33
1 Month avg volatility: $0.33. Volatility stop (for upward breakout): $5.65 or 10.8% below the close.
Change YTD: -33.99%
Volume: 4,184,000 shares. 3 month avg: 1,624,214 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: Diamond bottom reversal pattern from 04/11/2022 to 05/03/2022
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.

Top

Interface, Inc. (TILE)
Industry: Furn/Home Furnishings
Industry RS rank: 43 out of 60
Stock RS rank: 305 out of 565
5/5/22 close: $13.53
1 Month avg volatility: $0.51. Volatility stop (for upward breakout): $12.13 or 10.3% below the close.
Change YTD: -15.17%
Volume: 287,900 shares. 3 month avg: 457,515 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: Big W reversal pattern from 04/07/2022 to 04/27/2022
Breakout is upward 71% of the time.
Average rise: 31%.
Break-even failure rate: 11%.
Throwbacks occur 32% of the time.
Price hits measure rule target 42% of the time.

Top

Interpublic Group of Companies (IPG)
Industry: Advertising
Industry RS rank: 19 out of 60
Stock RS rank: 260 out of 565
5/5/22 close: $33.15
1 Month avg volatility: $1.00. Volatility stop (for downward breakout): $36.25 or 9.4% above the close.
Change YTD: -11.48%
Volume: 2,630,500 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: Double Top, Adam and Adam reversal pattern from 03/29/2022 to 04/21/2022
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.

Top

Jazz Pharmaceuticals, Inc. (JAZZ)
Industry: Biotechnology
Industry RS rank: 38 out of 60
Stock RS rank: 96 out of 565
5/5/22 close: $153.22
1 Month avg volatility: $5.21. Volatility stop (for downward breakout): $172.32 or 12.5% above the close.
Change YTD: 20.27%
Volume: 1,134,600 shares. 3 month avg: 454,337 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, Adam and Eve reversal pattern from 04/07/2022 to 04/21/2022
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.

Top

Lam Research Corp (LRCX)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 46 out of 60
Stock RS rank: 385 out of 565
5/5/22 close: $481.32
1 Month avg volatility: $20.04. Volatility stop (for upward breakout): $433.00 or 10.0% below the close.
Change YTD: -33.07%
Volume: 1,450,600 shares. 3 month avg: 2,565,394 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: Double Bottom, Adam and Adam reversal pattern from 04/18/2022 to 04/27/2022
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.

Top

Lawson Products (LAWS)
Industry: Metal Fabricating
Industry RS rank: 23 out of 60
Stock RS rank: 442 out of 565
5/5/22 close: $41.15
1 Month avg volatility: $1.77. Volatility stop (for upward breakout): $35.46 or 13.8% below the close.
Change YTD: -24.84%
Volume: 25,600 shares. 3 month avg: 11,408 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 Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 04/11/2022 to 04/27/2022
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.

Top

LSB Industries Inc (LXU)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 37 out of 60
Stock RS rank: 1 out of 565
5/5/22 close: $19.49
1 Month avg volatility: $2.15. Volatility stop (for downward breakout): $25.75 or 32.1% above the close.
Change YTD: 76.38%
Volume: 858,000 shares. 3 month avg: 278,209 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: Horn top reversal pattern from 04/04/2022 to 04/18/2022
Breakout 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.

Top

Manpower Inc. (MAN)
Industry: Human Resources
Industry RS rank: 26 out of 60
Stock RS rank: 284 out of 565
5/5/22 close: $91.19
1 Month avg volatility: $2.98. Volatility stop (for upward breakout): $84.42 or 7.4% below the close.
Change YTD: -6.31%
Volume: 309,100 shares. 3 month avg: 353,946 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 03/08/2022 to 05/05/2022
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.

Top

Marchex, Inc (MCHX)
Industry: Advertising
Industry RS rank: 19 out of 60
Stock RS rank: 551 out of 565
5/5/22 close: $1.72
1 Month avg volatility: $0.14. Volatility stop (for downward breakout): $2.15 or 24.8% above the close.
Change YTD: -30.65%
Volume: 14,600 shares. 3 month avg: 97,160 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 03/18/2022 to 03/29/2022
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.

Top

Medtronic Inc (MDT)
Industry: Medical Supplies
Industry RS rank: 53 out of 60
Stock RS rank: 334 out of 565
5/5/22 close: $104.55
1 Month avg volatility: $2.39. Volatility stop (for downward breakout): $110.44 or 5.6% above the close.
Change YTD: 1.06%
Volume: 3,927,300 shares. 3 month avg: 5,761,640 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Broadening top reversal pattern from 03/29/2022 to 04/21/2022
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.

Top

Meta (Facebook) (FB)
Industry: E-Commerce
Industry RS rank: 57 out of 60
Stock RS rank: 524 out of 565
5/5/22 close: $208.28
1 Month avg volatility: $9.51. Volatility stop (for upward breakout): $187.13 or 10.2% below the close.
Change YTD: -38.08%
Volume: 41,039,300 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 04/18/2022 to 04/25/2022
WARNING: A dead-cat bounce occurred on 02/03/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/04/2022.
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.

Top

Nabors Industries, Ltd. (NBR)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 4 out of 60
Stock RS rank: 17 out of 565
5/5/22 close: $153.58
1 Month avg volatility: $11.56. Volatility stop (for downward breakout): $189.36 or 23.3% above the close.
Change YTD: 89.39%
Volume: 299,800 shares. 3 month avg: 10,861,705 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 04/11/2022 to 04/18/2022
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

Top

OGE Energy Corp (OGE)
Industry: Electric Utility (Central)
Industry RS rank: 8 out of 60
Stock RS rank: 88 out of 565
5/5/22 close: $39.34
1 Month avg volatility: $0.78. Volatility stop (for downward breakout): $41.56 or 5.6% above the close.
Change YTD: 2.50%
Volume: 1,049,000 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: Double Top, Adam and Adam reversal pattern from 04/06/2022 to 04/21/2022
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.

Top

Omnicom Group (OMC)
Industry: Advertising
Industry RS rank: 19 out of 60
Stock RS rank: 84 out of 565
5/5/22 close: $77.88
1 Month avg volatility: $2.12. Volatility stop (for downward breakout): $83.87 or 7.7% above the close.
Change YTD: 6.29%
Volume: 978,600 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 Top, Adam and Adam reversal pattern from 03/30/2022 to 04/20/2022
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.

Top

Raymond James Financial, Inc. (RJF)
Industry: Securities Brokerage
Industry RS rank: 47 out of 60
Stock RS rank: 210 out of 565
5/5/22 close: $99.27
1 Month avg volatility: $3.45. Volatility stop (for downward breakout): $108.81 or 9.6% above the close.
Change YTD: -1.13%
Volume: 903,300 shares. 3 month avg: 692,654 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 Top, Adam and Adam reversal pattern from 03/29/2022 to 04/21/2022
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.

Top

Sealed Air Corp (SEE)
Industry: Packaging and Container
Industry RS rank: 21 out of 60
Stock RS rank: 153 out of 565
5/5/22 close: $64.80
1 Month avg volatility: $2.02. Volatility stop (for upward breakout): $60.21 or 7.1% below the close.
Change YTD: -3.96%
Volume: 784,400 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 Bottom, Adam and Adam reversal pattern from 04/25/2022 to 05/02/2022
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.

Top

Southern Company (SO)
Industry: Electric Utility (East)
Industry RS rank: 11 out of 60
Stock RS rank: 66 out of 565
5/5/22 close: $74.06
1 Month avg volatility: $1.60. Volatility stop (for downward breakout): $78.33 or 5.8% above the close.
Change YTD: 7.99%
Volume: 4,956,600 shares. 3 month avg: 4,514,520 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 04/11/2022 to 04/21/2022
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.

Top

Toll Brothers (TOL)
Industry: Homebuilding
Industry RS rank: 52 out of 60
Stock RS rank: 426 out of 565
5/5/22 close: $47.91
1 Month avg volatility: $2.01. Volatility stop (for upward breakout): $43.20 or 9.8% below the close.
Change YTD: -33.82%
Volume: 1,301,300 shares. 3 month avg: 2,237,614 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 bottom reversal pattern from 04/08/2022 to 05/02/2022
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.

Top

Watsco, Inc (WSO)
Industry: Retail Building Supply
Industry RS rank: 33 out of 60
Stock RS rank: 309 out of 565
5/5/22 close: $260.24
1 Month avg volatility: $9.47. Volatility stop (for downward breakout): $291.56 or 12.0% above the close.
Change YTD: -16.82%
Volume: 308,200 shares. 3 month avg: 222,320 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple top reversal pattern from 03/21/2022 to 04/21/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

Top

Xcel Energy, Inc (XEL)
Industry: Electric Utility (West)
Industry RS rank: 9 out of 60
Stock RS rank: 82 out of 565
5/5/22 close: $72.79
1 Month avg volatility: $1.45. Volatility stop (for downward breakout): $76.53 or 5.1% above the close.
Change YTD: 7.52%
Volume: 4,018,600 shares. 3 month avg: 3,202,808 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 04/11/2022 to 04/28/2022
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.

Top

 

Support this site! Clicking any of the books (below) takes you to Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."

My Stock Market Books
My Novels

Copyright © 2005-2024 by Thomas N. Bulkowski. All rights reserved.
Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.
Some pattern names are registered trademarks of their respective owners.
Home Advertise Contact Privacy/Disclaimer