As of 04/24/2024

Indus: 38,461 -42.77 -0.1%

Trans: 15,078 -358.61 -2.3%

Utils: 893 +6.79 +0.8%

Nasdaq: 15,713 +16.11 +0.1%

S&P 500: 5,072 +1.08 +0.0%

YTD

+2.0%

-5.2%

+1.3%

+4.7%

+6.3%

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 4/23/24

As of 04/24/2024

Indus: 38,461 -42.77 -0.1%

Trans: 15,078 -358.61 -2.3%

Utils: 893 +6.79 +0.8%

Nasdaq: 15,713 +16.11 +0.1%

S&P 500: 5,072 +1.08 +0.0%

YTD

+2.0%

-5.2%

+1.3%

+4.7%

+6.3%

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 4/23/24

Patterns for the Weekend Details

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.

3D Systems (DDD)

Industry: Electronics

Industry RS rank: 28 out of 60

Stock RS rank: 548 out of 563

6/2/22 close: $10.98

1 Month avg volatility: $0.74. Volatility stop (for upward breakout): $8.99 or 18.1% below the close.

Change YTD: -49.03%

Volume: 1,090,800 shares. 3 month avg: 3,031,971 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.

Chart pattern: Ugly double bottom reversal pattern from 05/12/2022 to 05/25/2022

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.

ACI Worldwide (ACIW)

Industry: IT Services

Industry RS rank: 30 out of 60

Stock RS rank: 266 out of 563

6/2/22 close: $27.86

1 Month avg volatility: $1.01. Volatility stop (for upward breakout): $24.91 or 10.6% below the close.

Change YTD: -19.71%

Volume: 710,500 shares. 3 month avg: 464,565 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: Triple bottom reversal pattern from 05/12/2022 to 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.

ADTRAN Inc (ADTN)

Industry: Telecom. Equipment

Industry RS rank: 46 out of 60

Stock RS rank: 251 out of 563

6/2/22 close: $19.69

1 Month avg volatility: $0.75. Volatility stop (for upward breakout): $17.44 or 11.4% below the close.

Change YTD: -13.75%

Volume: 349,100 shares. 3 month avg: 348,746 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: Triangle, symmetrical continuation pattern from 05/05/2022 to 05/24/2022

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.

Advanced Energy (AEIS)

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

Industry RS rank: 54 out of 60

Stock RS rank: 321 out of 563

6/2/22 close: $82.39

1 Month avg volatility: $3.34. Volatility stop (for upward breakout): $72.57 or 11.9% below the close.

Change YTD: -9.52%

Volume: 170,600 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, Eve and Eve reversal pattern from 05/10/2022 to 05/24/2022

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.

Advanced Micro Devices, Inc (AMD)

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

Industry RS rank: 54 out of 60

Stock RS rank: 503 out of 563

6/2/22 close: $108.59

1 Month avg volatility: $6.10. Volatility stop (for upward breakout): $88.58 or 18.4% below the close.

Change YTD: -24.54%

Volume: 120,674,500 shares. 3 month avg: 61,894,658 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: Ugly double bottom reversal pattern from 05/12/2022 to 05/20/2022

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.

Alaska Air Group, Inc (ALK)

Industry: Air Transport

Industry RS rank: 23 out of 60

Stock RS rank: 224 out of 563

6/2/22 close: $47.39

1 Month avg volatility: $1.90. Volatility stop (for upward breakout): $42.66 or 10.0% below the close.

Change YTD: -9.04%

Volume: 1,256,600 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: Double Bottom, Adam and Adam reversal pattern from 05/12/2022 to 05/24/2022

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.

Alkermes (ALKS)

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

Industry RS rank: 27 out of 60

Stock RS rank: 47 out of 563

6/2/22 close: $29.75

1 Month avg volatility: $1.27. Volatility stop (for downward breakout): $33.05 or 11.1% above the close.

Change YTD: 27.90%

Volume: 951,700 shares. 3 month avg: 949,792 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.

Chart pattern: Diamond top reversal pattern from 05/17/2022 to 06/02/2022

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.

Amazon.com Inc. (AMZN)

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

Industry RS rank: 49 out of 60

Stock RS rank: 502 out of 563

6/2/22 close: $2,510.22

1 Month avg volatility: $106.23. Volatility stop (for upward breakout): $2,188.44 or 12.8% below the close.

Change YTD: -24.72%

Volume: 4,901,300 shares. 3 month avg: 3,583,803 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: Horn bottom reversal pattern from 05/09/2022 to 05/23/2022

Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

AMN Healthcare (AMN)

Industry: Human Resources

Industry RS rank: 38 out of 60

Stock RS rank: 368 out of 563

6/2/22 close: $98.87

1 Month avg volatility: $4.80. Volatility stop (for upward breakout): $85.98 or 13.0% below the close.

Change YTD: -19.18%

Volume: 545,600 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 05/09/2022 to 05/16/2022

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.

Armstrong World Industries (AWI)

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

Industry RS rank: 33 out of 60

Stock RS rank: 437 out of 563

6/2/22 close: $86.54

1 Month avg volatility: $2.58. Volatility stop (for upward breakout): $77.62 or 10.3% below the close.

Change YTD: -25.47%

Volume: 270,100 shares. 3 month avg: 508,948 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Bottom, Adam and Eve reversal pattern from 05/12/2022 to 05/24/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Autodesk Inc (ADSK)

Industry: Computer Software and Svcs

Industry RS rank: 52 out of 60

Stock RS rank: 396 out of 563

6/2/22 close: $214.09

1 Month avg volatility: $9.20. Volatility stop (for upward breakout): $188.33 or 12.0% below the close.

Change YTD: -23.86%

Volume: 1,503,700 shares. 3 month avg: 2,150,943 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/12/2022 to 05/23/2022

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.

Azenta Inc (AZTA)

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

Industry RS rank: 55 out of 60

Stock RS rank: 512 out of 563

6/2/22 close: $77.55

1 Month avg volatility: $3.90. Volatility stop (for upward breakout): $66.79 or 13.9% below the close.

Change YTD: -24.79%

Volume: 479,100 shares. 3 month avg: 448,778 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: Ugly double bottom reversal pattern from 05/10/2022 to 05/24/2022

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.

Badger Meter Inc. (BMI)

Industry: Precision Instrument

Industry RS rank: 31 out of 60

Stock RS rank: 447 out of 563

6/2/22 close: $82.25

1 Month avg volatility: $2.29. Volatility stop (for upward breakout): $75.47 or 8.3% below the close.

Change YTD: -22.81%

Volume: 89,900 shares. 3 month avg: 149,246 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 05/12/2022 to 05/20/2022

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.

Berry Global Group Inc (BERY)

Industry: Packaging and Container

Industry RS rank: 21 out of 60

Stock RS rank: 394 out of 563

6/2/22 close: $59.42

1 Month avg volatility: $1.90. Volatility stop (for upward breakout): $54.01 or 9.1% below the close.

Change YTD: -19.46%

Volume: 740,700 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: Pipe bottom reversal pattern from 05/09/2022 to 05/16/2022

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.

Bread Financial Holdings (BFH)

Industry: Information Services

Industry RS rank: 43 out of 60

Stock RS rank: 439 out of 563

6/2/22 close: $55.61

1 Month avg volatility: $2.44. Volatility stop (for upward breakout): $49.36 or 11.2% below the close.

Change YTD: -16.46%

Volume: 561,100 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: Double Bottom, Adam and Adam reversal pattern from 05/12/2022 to 05/20/2022

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.

Cabot Corp. (CBT)

Industry: Chemical (Diversified)

Industry RS rank: 16 out of 60

Stock RS rank: 36 out of 563

6/2/22 close: $77.99

1 Month avg volatility: $2.70. Volatility stop (for upward breakout): $68.85 or 11.7% below the close.

Change YTD: 38.77%

Volume: 664,800 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: Double Bottom, Eve and Eve reversal pattern from 04/07/2022 to 05/10/2022

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.

Cadence Design Systems Inc (CDNS)

Industry: Computer Software and Svcs

Industry RS rank: 52 out of 60

Stock RS rank: 330 out of 563

6/2/22 close: $161.41

1 Month avg volatility: $6.14. Volatility stop (for upward breakout): $140.15 or 13.2% below the close.

Change YTD: -13.38%

Volume: 1,449,300 shares. 3 month avg: 2,769,531 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 05/09/2022 to 05/16/2022

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.

Celanese Corp (CE)

Industry: Chemical (Basic)

Industry RS rank: 15 out of 60

Stock RS rank: 188 out of 563

6/2/22 close: $158.41

1 Month avg volatility: $4.70. Volatility stop (for upward breakout): $146.11 or 7.8% below the close.

Change YTD: -5.74%

Volume: 400,900 shares. 3 month avg: 691,697 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Ugly double bottom reversal pattern from 05/12/2022 to 05/24/2022

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.

Cleveland-Cliffs Inc (CLF)

Industry: Metals and Mining (Div.)

Industry RS rank: 13 out of 60

Stock RS rank: 100 out of 563

6/2/22 close: $23.52

1 Month avg volatility: $1.28. Volatility stop (for upward breakout): $20.69 or 12.1% below the close.

Change YTD: 8.04%

Volume: 12,835,600 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: Pipe bottom reversal pattern from 05/09/2022 to 05/16/2022

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.

Comtech Telecommunications Corp (CMTL)

Industry: Telecom. Equipment

Industry RS rank: 46 out of 60

Stock RS rank: 547 out of 563

6/2/22 close: $13.12

1 Month avg volatility: $0.63. Volatility stop (for upward breakout): $11.81 or 10.0% below the close.

Change YTD: -44.62%

Volume: 79,100 shares. 3 month avg: 255,535 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: Triangle, symmetrical continuation pattern from 05/02/2022 to 06/01/2022

WARNING: A dead-cat bounce occurred on 03/11/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 06/10/2022 and a 38% chance by 09/09/2022.
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.

Crane Co (CR)

Industry: Diversified Co.

Industry RS rank: 42 out of 60

Stock RS rank: 226 out of 563

6/2/22 close: $96.31

1 Month avg volatility: $3.05. Volatility stop (for upward breakout): $88.09 or 8.5% below the close.

Change YTD: -5.33%

Volume: 239,400 shares. 3 month avg: 293,374 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 Eve reversal pattern from 05/12/2022 to 05/20/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Dentsply Sirona Inc. (XRAY)

Industry: Medical Supplies

Industry RS rank: 44 out of 60

Stock RS rank: 389 out of 563

6/2/22 close: $41.80

1 Month avg volatility: $1.29. Volatility stop (for upward breakout): $36.92 or 11.7% below the close.

Change YTD: -25.08%

Volume: 3,367,200 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: Ugly double bottom reversal pattern from 05/10/2022 to 05/20/2022

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.

Dril-Quip Inc (DRQ)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 1 out of 60

Stock RS rank: 23 out of 563

6/2/22 close: $30.90

1 Month avg volatility: $1.67. Volatility stop (for upward breakout): $27.41 or 11.3% below the close.

Change YTD: 57.01%

Volume: 211,000 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: Horn bottom reversal pattern from 04/25/2022 to 05/09/2022

Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

Estee Lauder, Cos (EL)

Industry: Toiletries/Cosmetics

Industry RS rank: 50 out of 60

Stock RS rank: 446 out of 563

6/2/22 close: $264.40

1 Month avg volatility: $10.58. Volatility stop (for upward breakout): $230.77 or 12.7% below the close.

Change YTD: -28.58%

Volume: 1,938,800 shares. 3 month avg: 1,843,415 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 05/03/2022 to 05/25/2022

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.

Fastenal Company (FAST)

Industry: Retail Building Supply

Industry RS rank: 45 out of 60

Stock RS rank: 302 out of 563

6/2/22 close: $55.14

1 Month avg volatility: $1.50. Volatility stop (for upward breakout): $50.66 or 8.1% below the close.

Change YTD: -13.92%

Volume: 2,210,400 shares. 3 month avg: 2,417,771 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/12/2022 to 05/19/2022

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.

FedEx (FDX)

Industry: Air Transport

Industry RS rank: 23 out of 60

Stock RS rank: 277 out of 563

6/2/22 close: $221.52

1 Month avg volatility: $7.70. Volatility stop (for upward breakout): $202.85 or 8.4% below the close.

Change YTD: -14.35%

Volume: 1,638,900 shares. 3 month avg: 1,372,055 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 bottom reversal pattern from 04/07/2022 to 05/19/2022

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Flextronics International Ltd (FLEX)

Industry: Electronics

Industry RS rank: 28 out of 60

Stock RS rank: 217 out of 563

6/2/22 close: $17.28

1 Month avg volatility: $0.66. Volatility stop (for upward breakout): $15.37 or 11.0% below the close.

Change YTD: -5.73%

Volume: 2,743,600 shares. 3 month avg: 3,241,565 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 Eve reversal pattern from 05/12/2022 to 05/24/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Flowserve Corp (FLS)

Industry: Machinery

Industry RS rank: 25 out of 60

Stock RS rank: 197 out of 563

6/2/22 close: $31.30

1 Month avg volatility: $1.14. Volatility stop (for upward breakout): $28.82 or 7.9% below the close.

Change YTD: 2.29%

Volume: 1,014,600 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: Head-and-shoulders bottom reversal pattern from 05/03/2022 to 05/20/2022

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

FormFactor Inc. (FORM)

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

Industry RS rank: 54 out of 60

Stock RS rank: 250 out of 563

6/2/22 close: $42.17

1 Month avg volatility: $1.67. Volatility stop (for downward breakout): $45.53 or 8.0% above the close.

Change YTD: -7.76%

Volume: 421,700 shares. 3 month avg: 748,688 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: Rising wedge reversal pattern from 04/27/2022 to 06/02/2022

Breakout 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.

Friedman Industries Inc (FRD)

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

Industry RS rank: 33 out of 60

Stock RS rank: 231 out of 563

6/2/22 close: $10.51

1 Month avg volatility: $0.45. Volatility stop (for upward breakout): $8.83 or 16.0% below the close.

Change YTD: 12.05%

Volume: 17,500 shares. 3 month avg: 24,458 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/11/2022 to 05/25/2022

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.

Gartner Inc (IT)

Industry: IT Services

Industry RS rank: 30 out of 60

Stock RS rank: 378 out of 563

6/2/22 close: $268.54

1 Month avg volatility: $10.53. Volatility stop (for upward breakout): $239.30 or 10.9% below the close.

Change YTD: -19.68%

Volume: 488,300 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: Triple bottom reversal pattern from 05/09/2022 to 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.

General Electric Co (GE)

Industry: Diversified Co.

Industry RS rank: 42 out of 60

Stock RS rank: 417 out of 563

6/2/22 close: $78.00

1 Month avg volatility: $2.38. Volatility stop (for upward breakout): $72.40 or 7.2% below the close.

Change YTD: -17.43%

Volume: 5,081,100 shares. 3 month avg: 74,714,158 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 bottom reversal pattern from 05/02/2022 to 05/24/2022

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Helmerich and Payne Inc. (HP)

Industry: Petroleum (Producing)

Industry RS rank: 2 out of 60

Stock RS rank: 6 out of 563

6/2/22 close: $49.75

1 Month avg volatility: $2.38. Volatility stop (for upward breakout): $44.76 or 10.0% below the close.

Change YTD: 109.92%

Volume: 1,059,000 shares. 3 month avg: 1,326,055 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: Horn bottom reversal pattern from 04/25/2022 to 05/09/2022

Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

Horton, D.R. Inc. (DHI)

Industry: Homebuilding

Industry RS rank: 57 out of 60

Stock RS rank: 471 out of 563

6/2/22 close: $76.28

1 Month avg volatility: $3.18. Volatility stop (for upward breakout): $68.29 or 10.5% below the close.

Change YTD: -29.66%

Volume: 3,912,700 shares. 3 month avg: 4,390,840 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: Horn bottom reversal pattern from 05/09/2022 to 05/23/2022

Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

Illinois Tool Works Inc. (ITW)

Industry: Metal Fabricating

Industry RS rank: 24 out of 60

Stock RS rank: 346 out of 563

6/2/22 close: $209.26

1 Month avg volatility: $5.73. Volatility stop (for upward breakout): $193.38 or 7.6% below the close.

Change YTD: -15.21%

Volume: 483,400 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: Triangle, symmetrical continuation pattern from 05/02/2022 to 06/02/2022

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.

Intrepid Potash Inc (IPI)

Industry: Chemical (Diversified)

Industry RS rank: 16 out of 60

Stock RS rank: 24 out of 563

6/2/22 close: $65.18

1 Month avg volatility: $6.48. Volatility stop (for upward breakout): $48.38 or 25.8% below the close.

Change YTD: 52.54%

Volume: 459,200 shares. 3 month avg: 1,190,495 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

Chart pattern: Triangle, symmetrical continuation pattern from 05/12/2022 to 06/02/2022

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.

Invitae Corp (NVTA)

Industry: Medical Services

Industry RS rank: 17 out of 60

Stock RS rank: 562 out of 563

6/2/22 close: $3.56

1 Month avg volatility: $0.53. Volatility stop (for downward breakout): $4.68 or 31.6% above the close.

Change YTD: -76.69%

Volume: 7,009,500 shares. 3 month avg: 321,822 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: Triangle, descending reversal pattern from 05/12/2022 to 06/02/2022

Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

Jack Henry and Associates (JKHY)

Industry: IT Services

Industry RS rank: 30 out of 60

Stock RS rank: 70 out of 563

6/2/22 close: $187.55

1 Month avg volatility: $4.54. Volatility stop (for upward breakout): $174.74 or 6.8% below the close.

Change YTD: 12.31%

Volume: 425,200 shares. 3 month avg: 543,437 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.

Chart pattern: Pipe bottom reversal pattern from 05/09/2022 to 05/16/2022

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.

Kulicke and Soffa (KLIC)

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

Industry RS rank: 55 out of 60

Stock RS rank: 317 out of 563

6/2/22 close: $54.77

1 Month avg volatility: $2.59. Volatility stop (for upward breakout): $47.55 or 13.2% below the close.

Change YTD: -9.53%

Volume: 599,600 shares. 3 month avg: 518,337 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 04/25/2022 to 05/02/2022

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.

Manhattan Associates (MANH)

Industry: IT Services

Industry RS rank: 30 out of 60

Stock RS rank: 403 out of 563

6/2/22 close: $128.62

1 Month avg volatility: $5.70. Volatility stop (for upward breakout): $104.48 or 18.8% below the close.

Change YTD: -17.28%

Volume: 316,900 shares. 3 month avg: 726,191 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Triple bottom reversal pattern from 05/12/2022 to 05/25/2022

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.

Micron Technology (MU)

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

Industry RS rank: 54 out of 60

Stock RS rank: 372 out of 563

6/2/22 close: $75.37

1 Month avg volatility: $3.01. Volatility stop (for upward breakout): $67.11 or 11.0% below the close.

Change YTD: -19.09%

Volume: 11,237,600 shares. 3 month avg: 38,182,855 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 04/27/2022 to 05/25/2022

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.

Moodys Corp (MCO)

Industry: Information Services

Industry RS rank: 43 out of 60

Stock RS rank: 473 out of 563

6/2/22 close: $293.57

1 Month avg volatility: $9.77. Volatility stop (for upward breakout): $261.25 or 11.0% below the close.

Change YTD: -24.84%

Volume: 810,200 shares. 3 month avg: 714,397 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 05/09/2022 to 05/16/2022

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.

Morgan Stanley (MS)

Industry: Securities Brokerage

Industry RS rank: 35 out of 60

Stock RS rank: 356 out of 563

6/2/22 close: $85.20

1 Month avg volatility: $2.49. Volatility stop (for upward breakout): $78.70 or 7.6% below the close.

Change YTD: -13.20%

Volume: 6,203,900 shares. 3 month avg: 7,779,832 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 05/09/2022 to 05/16/2022

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.

Mosaic Co (MOS)

Industry: Chemical (Diversified)

Industry RS rank: 16 out of 60

Stock RS rank: 16 out of 563

6/2/22 close: $60.10

1 Month avg volatility: $4.18. Volatility stop (for upward breakout): $50.68 or 15.7% below the close.

Change YTD: 52.97%

Volume: 6,757,100 shares. 3 month avg: 4,715,435 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.

Chart pattern: Triangle, symmetrical continuation pattern from 05/04/2022 to 06/02/2022

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.

Myriad Genetics Inc (MYGN)

Industry: Biotechnology

Industry RS rank: 32 out of 60

Stock RS rank: 445 out of 563

6/2/22 close: $20.26

1 Month avg volatility: $1.37. Volatility stop (for upward breakout): $16.16 or 20.2% below the close.

Change YTD: -26.59%

Volume: 465,600 shares. 3 month avg: 906,888 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: Ugly double bottom reversal pattern from 05/10/2022 to 05/19/2022

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.

Nasdaq Composite (^IXIC)

Industry: None

Industry RS rank: 51 out of 60

6/2/22 close: $12,316.90

1 Month avg volatility: $361.66. Volatility stop (for upward breakout): $11,178.12 or 9.3% below the close.

Change YTD: -21.27%

Volume: 0 shares. Could not calculate the 3 month avg volume.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Head-and-shoulders bottom reversal pattern from 05/12/2022 to 05/24/2022

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Nike Inc (NKE)

Industry: Shoe

Industry RS rank: 60 out of 60

Stock RS rank: 494 out of 563

6/2/22 close: $123.41

1 Month avg volatility: $4.31. Volatility stop (for upward breakout): $110.64 or 10.4% below the close.

Change YTD: -25.96%

Volume: 5,819,900 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: Double Bottom, Adam and Eve reversal pattern from 05/12/2022 to 05/25/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

NVidia Corp (NVDA)

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

Industry RS rank: 54 out of 60

Stock RS rank: 535 out of 563

6/2/22 close: $195.92

1 Month avg volatility: $11.65. Volatility stop (for upward breakout): $158.68 or 19.0% below the close.

Change YTD: -33.39%

Volume: 63,741,800 shares. 3 month avg: 15,363,712 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 Eve reversal pattern from 05/12/2022 to 05/20/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Paychex Inc (PAYX)

Industry: IT Services

Industry RS rank: 30 out of 60

Stock RS rank: 185 out of 563

6/2/22 close: $125.95

1 Month avg volatility: $3.10. Volatility stop (for upward breakout): $115.88 or 8.0% below the close.

Change YTD: -7.73%

Volume: 1,545,900 shares. 3 month avg: 1,495,946 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, Adam and Eve reversal pattern from 05/12/2022 to 05/20/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Plexus Corp (PLXS)

Industry: Electronics

Industry RS rank: 28 out of 60

Stock RS rank: 270 out of 563

6/2/22 close: $84.48

1 Month avg volatility: $2.54. Volatility stop (for downward breakout): $90.08 or 6.6% above the close.

Change YTD: -11.90%

Volume: 90,400 shares. 3 month avg: 160,228 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Broadening top reversal pattern from 05/04/2022 to 05/31/2022

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.

Quaker Chemical (KWR)

Industry: Chemical (Specialty)

Industry RS rank: 29 out of 60

Stock RS rank: 504 out of 563

6/2/22 close: $166.70

1 Month avg volatility: $7.52. Volatility stop (for upward breakout): $142.96 or 14.2% below the close.

Change YTD: -27.77%

Volume: 91,800 shares. 3 month avg: 69,343 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 Monday.

Chart pattern: Pipe bottom reversal pattern from 05/16/2022 to 05/23/2022

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.

Rambus Inc (RMBS)

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

Industry RS rank: 55 out of 60

Stock RS rank: 297 out of 563

6/2/22 close: $25.77

1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $23.14 or 10.2% below the close.

Change YTD: -12.32%

Volume: 869,800 shares. 3 month avg: 669,732 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 Bottom, Adam and Eve reversal pattern from 05/12/2022 to 05/25/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Raymond James Financial, Inc. (RJF)

Industry: Securities Brokerage

Industry RS rank: 35 out of 60

Stock RS rank: 218 out of 563

6/2/22 close: $98.36

1 Month avg volatility: $3.08. Volatility stop (for upward breakout): $90.75 or 7.7% below the close.

Change YTD: -2.03%

Volume: 3,205,200 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 Thursday.

Chart pattern: Triple bottom reversal pattern from 05/12/2022 to 05/25/2022

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.

S and P 500 (^GSPC)

Industry: None

Industry RS rank: 51 out of 60

6/2/22 close: $4,176.82

1 Month avg volatility: $95.64. Volatility stop (for upward breakout): $3,883.10 or 7.0% below the close.

Change YTD: -12.37%

Volume: 2,073,390,300 shares. 3 month avg: 2,603,026,708 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: Head-and-shoulders bottom reversal pattern from 05/12/2022 to 05/24/2022

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

salesforce com (CRM)

Industry: E-Commerce

Industry RS rank: 53 out of 60

Stock RS rank: 487 out of 563

6/2/22 close: $188.40

1 Month avg volatility: $7.85. Volatility stop (for upward breakout): $158.99 or 15.6% below the close.

Change YTD: -25.86%

Volume: 19,154,900 shares. 3 month avg: 4,417,257 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 Eve reversal pattern from 05/12/2022 to 05/24/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Science Applications International Corp (SAIC)

Industry: IT Services

Industry RS rank: 30 out of 60

Stock RS rank: 191 out of 563

6/2/22 close: $87.76

1 Month avg volatility: $2.06. Volatility stop (for upward breakout): $81.27 or 7.4% below the close.

Change YTD: 4.99%

Volume: 241,100 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: Double Bottom, Adam and Adam reversal pattern from 05/12/2022 to 05/20/2022

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.

ServiceNow Inc (NOW)

Industry: IT Services

Industry RS rank: 30 out of 60

Stock RS rank: 408 out of 563

6/2/22 close: $504.80

1 Month avg volatility: $26.67. Volatility stop (for upward breakout): $416.31 or 17.5% below the close.

Change YTD: -22.23%

Volume: 1,981,400 shares. 3 month avg: 1,411,754 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Triple bottom reversal pattern from 05/12/2022 to 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.

Southwest Airlines Company (LUV)

Industry: Air Transport

Industry RS rank: 23 out of 60

Stock RS rank: 205 out of 563

6/2/22 close: $44.57

1 Month avg volatility: $1.58. Volatility stop (for upward breakout): $40.45 or 9.3% below the close.

Change YTD: 4.04%

Volume: 4,241,600 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: Double Bottom, Adam and Eve reversal pattern from 05/12/2022 to 05/25/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Stratasys Ltd (SSYS)

Industry: Electronics

Industry RS rank: 28 out of 60

Stock RS rank: 450 out of 563

6/2/22 close: $20.48

1 Month avg volatility: $1.24. Volatility stop (for upward breakout): $16.83 or 17.8% below the close.

Change YTD: -16.37%

Volume: 634,300 shares. 3 month avg: 835,520 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: Ugly double bottom reversal pattern from 05/12/2022 to 05/24/2022

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.

Summit Materials Inc (SUM)

Industry: Cement and Aggregates

Industry RS rank: 40 out of 60

Stock RS rank: 477 out of 563

6/2/22 close: $27.96

1 Month avg volatility: $1.33. Volatility stop (for upward breakout): $24.60 or 12.0% below the close.

Change YTD: -30.34%

Volume: 403,900 shares. 3 month avg: 1,204,178 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 Bottom, Eve and Eve reversal pattern from 05/12/2022 to 05/24/2022

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.

Tapestry Inc (TPR)

Industry: Apparel

Industry RS rank: 48 out of 60

Stock RS rank: 349 out of 563

6/2/22 close: $35.16

1 Month avg volatility: $1.63. Volatility stop (for upward breakout): $31.12 or 11.5% below the close.

Change YTD: -13.40%

Volume: 2,882,100 shares. 3 month avg: 3,145,718 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 05/11/2022 to 05/25/2022

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.

Teradyne Inc. (TER)

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

Industry RS rank: 55 out of 60

Stock RS rank: 505 out of 563

6/2/22 close: $110.58

1 Month avg volatility: $4.62. Volatility stop (for upward breakout): $96.49 or 12.7% below the close.

Change YTD: -32.38%

Volume: 1,072,700 shares. 3 month avg: 2,362,042 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 Bottom, Eve and Eve reversal pattern from 05/12/2022 to 05/20/2022

WARNING: A dead-cat bounce occurred on 01/27/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 07/28/2022.
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.

Textron Inc (TXT)

Industry: Diversified Co.

Industry RS rank: 42 out of 60

Stock RS rank: 286 out of 563

6/2/22 close: $66.74

1 Month avg volatility: $2.19. Volatility stop (for upward breakout): $60.85 or 8.8% below the close.

Change YTD: -13.55%

Volume: 854,800 shares. 3 month avg: 1,461,508 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 05/12/2022 to 05/20/2022

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.

Thermo Electron Corp (TMO)

Industry: Precision Instrument

Industry RS rank: 31 out of 60

Stock RS rank: 343 out of 563

6/2/22 close: $570.10

1 Month avg volatility: $16.98. Volatility stop (for upward breakout): $515.06 or 9.7% below the close.

Change YTD: -14.56%

Volume: 832,900 shares. 3 month avg: 1,572,766 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: Horn bottom reversal pattern from 04/25/2022 to 05/09/2022

Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

TJX Companies Inc (TJX)

Industry: Retail Store

Industry RS rank: 34 out of 60

Stock RS rank: 313 out of 563

6/2/22 close: $63.77

1 Month avg volatility: $2.42. Volatility stop (for upward breakout): $57.84 or 9.3% below the close.

Change YTD: -16.00%

Volume: 3,436,300 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: Pipe bottom reversal pattern from 05/09/2022 to 05/16/2022

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.

Veeva Systems Inc (VEEV)

Industry: Healthcare Information

Industry RS rank: 56 out of 60

Stock RS rank: 513 out of 563

6/2/22 close: $192.55

1 Month avg volatility: $9.15. Volatility stop (for upward breakout): $157.40 or 18.3% below the close.

Change YTD: -24.63%

Volume: 3,546,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Head-and-shoulders bottom reversal pattern from 05/12/2022 to 05/24/2022

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Visteon Corp (VC)

Industry: Electronics

Industry RS rank: 28 out of 60

Stock RS rank: 192 out of 563

6/2/22 close: $114.03

1 Month avg volatility: $5.00. Volatility stop (for upward breakout): $102.81 or 9.8% below the close.

Change YTD: 2.60%

Volume: 356,700 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: Ugly double bottom reversal pattern from 04/26/2022 to 05/12/2022

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.

W. R. Berkley Corp (WRB)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 8 out of 60

Stock RS rank: 45 out of 563

6/2/22 close: $70.90

1 Month avg volatility: $1.58. Volatility stop (for upward breakout): $66.92 or 5.6% below the close.

Change YTD: 29.08%

Volume: 1,343,900 shares. 3 month avg: 444,512 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Triple bottom reversal pattern from 05/02/2022 to 05/20/2022

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.

Western Union Co (WU)

Industry: Financial Services

Industry RS rank: 18 out of 60

Stock RS rank: 164 out of 563

6/2/22 close: $17.84

1 Month avg volatility: $0.46. Volatility stop (for upward breakout): $16.62 or 6.9% below the close.

Change YTD: 0.00%

Volume: 4,424,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

Chart pattern: Head-and-shoulders bottom reversal pattern from 05/02/2022 to 05/20/2022

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Wolfspeed (WOLF)

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

Industry RS rank: 54 out of 60

Stock RS rank: 525 out of 563

6/2/22 close: $78.62

1 Month avg volatility: $5.60. Volatility stop (for upward breakout): $63.80 or 18.9% below the close.

Change YTD: -29.66%

Volume: 1,280,400 shares. 3 month avg: 2,005,123 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: Double Bottom, Adam and Eve reversal pattern from 05/12/2022 to 05/24/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Wolverine World Wide (WWW)

Industry: Shoe

Industry RS rank: 60 out of 60

Stock RS rank: 507 out of 563

6/2/22 close: $22.32

1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $19.31 or 13.5% below the close.

Change YTD: -22.53%

Volume: 716,800 shares. 3 month avg: 772,149 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.

Chart pattern: Ugly double bottom reversal pattern from 05/11/2022 to 05/24/2022

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.

Vanguard Mega Cap Growth ETF (MGK)

Industry: None

Industry RS rank: 51 out of 60

Stock RS rank: 453 out of 563

6/2/22 close: $203.56

1 Month avg volatility: $6.11. Volatility stop (for upward breakout): $183.91 or 9.7% below the close.

Change YTD: -21.94%

Volume: 272,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Head-and-shoulders bottom reversal pattern from 05/12/2022 to 05/25/2022

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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