As of 12/26/2024
  Indus: 43,326 +28.77 +0.1%  
  Trans: 16,104 +40.79 +0.3%  
  Utils: 992 -1.47 -0.1%  
  Nasdaq: 20,020 -10.77 -0.1%  
  S&P 500: 6,038 -2.45 0.0%  
YTD
 +15.0%  
 +1.3%  
 +12.5%  
 +33.4%  
 +26.6%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Up arrow16,700 or 15,500 by 01/15/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025
As of 12/26/2024
  Indus: 43,326 +28.77 +0.1%  
  Trans: 16,104 +40.79 +0.3%  
  Utils: 992 -1.47 -0.1%  
  Nasdaq: 20,020 -10.77 -0.1%  
  S&P 500: 6,038 -2.45 0.0%  
YTD
 +15.0%  
 +1.3%  
 +12.5%  
 +33.4%  
 +26.6%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Up arrow16,700 or 15,500 by 01/15/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025

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.
 
Alcoa (AA)
Industry: Aerospace/Defense
Industry RS rank: 6 out of 60
Stock RS rank: 85 out of 563
6/9/22 close: $55.56
1 Month avg volatility: $3.44. Volatility stop (for upward breakout): $48.69 or 12.4% below the close.
Change YTD: -6.75%
Volume: 10,326,900 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: 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.

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Amazon.com Inc. (AMZN)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 42 out of 60
Stock RS rank: 507 out of 563
6/9/22 close: $116.15
1 Month avg volatility: $4.84. Volatility stop (for upward breakout): $106.43 or 8.4% below the close.
Change YTD: -30.33%
Volume: 66,400,800 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: 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.

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ArcBest Corp (ARCB)
Industry: Trucking/Transp. Leasing
Industry RS rank: 48 out of 60
Stock RS rank: 432 out of 563
6/9/22 close: $78.61
1 Month avg volatility: $4.02. Volatility stop (for upward breakout): $69.81 or 11.2% below the close.
Change YTD: -34.41%
Volume: 164,700 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: 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.

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Archer-Daniels-Midland Co (ADM)
Industry: Food Processing
Industry RS rank: 7 out of 60
Stock RS rank: 42 out of 563
6/9/22 close: $85.98
1 Month avg volatility: $2.56. Volatility stop (for upward breakout): $80.75 or 6.1% below the close.
Change YTD: 27.21%
Volume: 2,027,100 shares. 3 month avg: 3,092,757 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 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.

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Avery Dennison Corp (AVY)
Industry: Packaging and Container
Industry RS rank: 20 out of 60
Stock RS rank: 371 out of 563
6/9/22 close: $173.95
1 Month avg volatility: $5.02. Volatility stop (for upward breakout): $163.69 or 5.9% below the close.
Change YTD: -19.68%
Volume: 371,900 shares. 3 month avg: 661,129 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 05/16/2022 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.

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Booking Holdings (BKNG)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 42 out of 60
Stock RS rank: 191 out of 563
6/9/22 close: $2,277.84
1 Month avg volatility: $78.47. Volatility stop (for upward breakout): $2,119.30 or 7.0% below the close.
Change YTD: -5.06%
Volume: 371,100 shares. 3 month avg: 441,478 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: Triple bottom reversal pattern from 05/04/2022 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.

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Bunge Ltd (BG)
Industry: Food Processing
Industry RS rank: 7 out of 60
Stock RS rank: 53 out of 563
6/9/22 close: $110.19
1 Month avg volatility: $3.50. Volatility stop (for upward breakout): $103.16 or 6.4% below the close.
Change YTD: 18.03%
Volume: 933,600 shares. 3 month avg: 1,268,517 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.

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Centerpoint Energy (CNP)
Industry: Electric Utility (Central)
Industry RS rank: 8 out of 60
Stock RS rank: 105 out of 563
6/9/22 close: $30.61
1 Month avg volatility: $0.63. Volatility stop (for upward breakout): $29.34 or 4.2% below the close.
Change YTD: 9.67%
Volume: 3,170,100 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: Double Bottom, Adam and Eve reversal pattern from 05/02/2022 to 05/12/2022
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.

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Chicos FAS Inc. (CHS)
Industry: Apparel
Industry RS rank: 50 out of 60
Stock RS rank: 194 out of 563
6/9/22 close: $5.51
1 Month avg volatility: $0.32. Volatility stop (for upward breakout): $4.60 or 16.5% below the close.
Change YTD: 2.42%
Volume: 4,549,500 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 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.

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Cross Country Healthcare Inc (CCRN)
Industry: Human Resources
Industry RS rank: 33 out of 60
Stock RS rank: 444 out of 563
6/9/22 close: $18.60
1 Month avg volatility: $0.81. Volatility stop (for upward breakout): $16.18 or 13.0% below the close.
Change YTD: -33.00%
Volume: 384,700 shares. 3 month avg: 226,311 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 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.

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Distribution Solutions (DSGR)
Industry: Metal Fabricating
Industry RS rank: 21 out of 60
Stock RS rank: 237 out of 563
6/9/22 close: $46.46
1 Month avg volatility: $2.30. Volatility stop (for upward breakout): $40.57 or 12.7% below the close.
Change YTD: -15.14%
Volume: 32,800 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 Friday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 05/20/2022 to 06/03/2022
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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DJ 15 Utilities (^DJU)
Industry: None
Industry RS rank: 52 out of 60
6/9/22 close: $985.66
1 Month avg volatility: $17.80. Volatility stop (for downward breakout): $1,049.53 or 6.5% above the close.
Change YTD: 0.50%
Volume: 45,832,900 shares. 3 month avg: 53,447,618 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 Eve reversal pattern from 05/27/2022 to 06/07/2022
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.

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DJ 30 Industrials (^DJI)
Industry: None
Industry RS rank: 52 out of 60
6/9/22 close: $32,272.79
1 Month avg volatility: $600.74. Volatility stop (for downward breakout): $34,158.21 or 5.8% above the close.
Change YTD: -11.19%
Volume: 289,709,800 shares. 3 month avg: 377,770,634 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: Diamond top reversal pattern from 05/27/2022 to 06/08/2022
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.

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FactSet Research Systems Inc (FDS)
Industry: Information Services
Industry RS rank: 45 out of 60
Stock RS rank: 403 out of 563
6/9/22 close: $369.60
1 Month avg volatility: $8.65. Volatility stop (for upward breakout): $351.77 or 4.8% below the close.
Change YTD: -23.95%
Volume: 228,900 shares. 3 month avg: 411,949 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: Diamond bottom reversal pattern from 05/10/2022 to 05/24/2022
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.

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FedEx (FDX)
Industry: Air Transport
Industry RS rank: 28 out of 60
Stock RS rank: 291 out of 563
6/9/22 close: $217.00
1 Month avg volatility: $7.12. Volatility stop (for upward breakout): $201.16 or 7.3% below the close.
Change YTD: -16.10%
Volume: 1,844,300 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: Flag continuation pattern from 06/01/2022 to 06/09/2022
Breakout is upward 54% of the time.
Average rise: 23%.
Break-even failure rate: 4%.
Throwbacks occur 43% of the time.
Price hits measure rule target 64% of the time.

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Flextronics International Ltd (FLEX)
Industry: Electronics
Industry RS rank: 29 out of 60
Stock RS rank: 212 out of 563
6/9/22 close: $16.85
1 Month avg volatility: $0.58. Volatility stop (for downward breakout): $18.29 or 8.6% above the close.
Change YTD: -8.07%
Volume: 3,803,100 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: Horn top reversal pattern from 04/18/2022 to 05/02/2022
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.

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Google (GOOGL)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 42 out of 60
Stock RS rank: 407 out of 563
6/9/22 close: $2,296.71
1 Month avg volatility: $69.62. Volatility stop (for upward breakout): $2,156.29 or 6.1% below the close.
Change YTD: -20.72%
Volume: 1,273,000 shares. 3 month avg: 1,574,874 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 05/16/2022 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.

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Griffon Corp (GFF)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 36 out of 60
Stock RS rank: 82 out of 563
6/9/22 close: $32.46
1 Month avg volatility: $1.27. Volatility stop (for upward breakout): $29.31 or 9.7% below the close.
Change YTD: 13.97%
Volume: 257,900 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: Flag, high and tight continuation pattern from 04/27/2022 to 06/07/2022
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.

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Horton, D.R. Inc. (DHI)
Industry: Homebuilding
Industry RS rank: 58 out of 60
Stock RS rank: 490 out of 563
6/9/22 close: $73.45
1 Month avg volatility: $2.91. Volatility stop (for upward breakout): $66.58 or 9.4% below the close.
Change YTD: -32.27%
Volume: 3,613,100 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: 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.

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Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 58 out of 60
Stock RS rank: 538 out of 563
6/9/22 close: $58.17
1 Month avg volatility: $3.34. Volatility stop (for upward breakout): $50.22 or 13.7% below the close.
Change YTD: -54.30%
Volume: 67,300 shares. 3 month avg: 1,539,280 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 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.

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Hunt, J.B. (JBHT)
Industry: Trucking/Transp. Leasing
Industry RS rank: 48 out of 60
Stock RS rank: 330 out of 563
6/9/22 close: $166.06
1 Month avg volatility: $5.72. Volatility stop (for upward breakout): $154.58 or 6.9% below the close.
Change YTD: -18.76%
Volume: 832,300 shares. 3 month avg: 898,451 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 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.

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IDACORP Inc (IDA)
Industry: Electric Utility (West)
Industry RS rank: 9 out of 60
Stock RS rank: 199 out of 563
6/9/22 close: $106.01
1 Month avg volatility: $2.12. Volatility stop (for downward breakout): $113.06 or 6.7% above the close.
Change YTD: -6.44%
Volume: 240,500 shares. 3 month avg: 199,551 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: Diamond top reversal pattern from 05/10/2022 to 06/09/2022
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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Intuit Inc (INTU)
Industry: Computer Software and Svcs
Industry RS rank: 51 out of 60
Stock RS rank: 528 out of 563
6/9/22 close: $400.55
1 Month avg volatility: $16.16. Volatility stop (for upward breakout): $367.78 or 8.2% below the close.
Change YTD: -37.73%
Volume: 1,175,400 shares. 3 month avg: 1,303,997 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Flag continuation pattern from 05/27/2022 to 06/09/2022
Breakout is upward 54% of the time.
Average rise: 23%.
Break-even failure rate: 4%.
Throwbacks occur 43% of the time.
Price hits measure rule target 64% of the time.

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Invacare Corp. (IVC)
Industry: Medical Supplies
Industry RS rank: 46 out of 60
Stock RS rank: 544 out of 563
6/9/22 close: $1.46
1 Month avg volatility: $0.12. Volatility stop (for upward breakout): $1.19 or 18.6% below the close.
Change YTD: -46.32%
Volume: 464,800 shares. 3 month avg: 553,063 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Flag, high and tight continuation pattern from 05/25/2022 to 06/09/2022
WARNING: A dead-cat bounce occurred on 03/09/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 09/07/2022.
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.

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L3Harris Technologies (LHX)
Industry: Aerospace/Defense
Industry RS rank: 6 out of 60
Stock RS rank: 103 out of 563
6/9/22 close: $240.59
1 Month avg volatility: $5.19. Volatility stop (for upward breakout): $230.11 or 4.4% below the close.
Change YTD: 12.83%
Volume: 765,700 shares. 3 month avg: 1,243,274 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 05/02/2022 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.

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Lam Research Corp (LRCX)
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: 485 out of 563
6/9/22 close: $493.45
1 Month avg volatility: $21.46. Volatility stop (for downward breakout): $556.33 or 12.7% above the close.
Change YTD: -31.38%
Volume: 856,600 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 Top, Adam and Adam reversal pattern from 05/27/2022 to 06/06/2022
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.

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Leidos Holdings Inc (LDOS)
Industry: IT Services
Industry RS rank: 37 out of 60
Stock RS rank: 91 out of 563
6/9/22 close: $102.83
1 Month avg volatility: $2.14. Volatility stop (for upward breakout): $98.50 or 4.2% below the close.
Change YTD: 15.67%
Volume: 481,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triple bottom reversal pattern from 05/03/2022 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.

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Lockheed Martin Corp (LMT)
Industry: Aerospace/Defense
Industry RS rank: 6 out of 60
Stock RS rank: 52 out of 563
6/9/22 close: $432.72
1 Month avg volatility: $9.40. Volatility stop (for upward breakout): $413.71 or 4.4% below the close.
Change YTD: 21.75%
Volume: 976,300 shares. 3 month avg: 1,022,062 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 bottom reversal pattern from 05/02/2022 to 06/02/2022
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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LSB Industries Inc (LXU)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 36 out of 60
Stock RS rank: 9 out of 563
6/9/22 close: $18.07
1 Month avg volatility: $1.38. Volatility stop (for downward breakout): $21.48 or 18.9% above the close.
Change YTD: 63.53%
Volume: 491,600 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: Double Top, Adam and Eve reversal pattern from 05/17/2022 to 06/02/2022
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.

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Macys, Inc (M)
Industry: Retail Store
Industry RS rank: 25 out of 60
Stock RS rank: 297 out of 563
6/9/22 close: $23.96
1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $21.46 or 10.4% below the close.
Change YTD: -8.48%
Volume: 9,173,300 shares. 3 month avg: 14,056,392 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: 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.

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Marchex, Inc (MCHX)
Industry: Advertising
Industry RS rank: 30 out of 60
Stock RS rank: 455 out of 563
6/9/22 close: $1.89
1 Month avg volatility: $0.16. Volatility stop (for upward breakout): $1.58 or 16.6% below the close.
Change YTD: -23.79%
Volume: 3,600 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: Triangle, symmetrical continuation pattern from 05/09/2022 to 06/09/2022
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.

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Matrix Service Co. (MTRX)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 2 out of 60
Stock RS rank: 420 out of 563
6/9/22 close: $6.61
1 Month avg volatility: $0.41. Volatility stop (for upward breakout): $5.74 or 13.2% below the close.
Change YTD: -12.10%
Volume: 423,300 shares. 3 month avg: 303,508 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: 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.

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Nordstrom Inc (JWN)
Industry: Retail Store
Industry RS rank: 25 out of 60
Stock RS rank: 49 out of 563
6/9/22 close: $27.53
1 Month avg volatility: $1.44. Volatility stop (for upward breakout): $24.16 or 12.2% below the close.
Change YTD: 21.71%
Volume: 4,170,300 shares. 3 month avg: 7,052,766 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 05/16/2022 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.

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Omnicell, Inc (OMCL)
Industry: Healthcare Information
Industry RS rank: 47 out of 60
Stock RS rank: 512 out of 563
6/9/22 close: $115.64
1 Month avg volatility: $4.24. Volatility stop (for upward breakout): $105.35 or 8.9% below the close.
Change YTD: -35.91%
Volume: 216,200 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 04/28/2022 to 05/26/2022
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.

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Oxford Industries (OXM)
Industry: Apparel
Industry RS rank: 50 out of 60
Stock RS rank: 253 out of 563
6/9/22 close: $96.44
1 Month avg volatility: $3.30. Volatility stop (for upward breakout): $88.50 or 8.2% below the close.
Change YTD: -5.00%
Volume: 512,700 shares. 3 month avg: 112,505 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 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.

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PPL Corporation (PPL)
Industry: Electric Utility (East)
Industry RS rank: 13 out of 60
Stock RS rank: 180 out of 563
6/9/22 close: $29.14
1 Month avg volatility: $0.58. Volatility stop (for downward breakout): $31.54 or 8.3% above the close.
Change YTD: -3.06%
Volume: 8,418,700 shares. 3 month avg: 3,908,818 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 05/26/2022 to 06/08/2022
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.

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S and P 500 (^GSPC)
Industry: None
Industry RS rank: 52 out of 60
6/9/22 close: $4,017.82
1 Month avg volatility: $85.24. Volatility stop (for downward breakout): $4,289.59 or 6.8% above the close.
Change YTD: -15.70%
Volume: 2,061,086,900 shares. 3 month avg: 2,511,896,025 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Diamond top reversal pattern from 05/27/2022 to 06/08/2022
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.

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Semtech Corp (SMTC)
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: 506 out of 563
6/9/22 close: $60.07
1 Month avg volatility: $2.47. Volatility stop (for downward breakout): $66.62 or 10.9% above the close.
Change YTD: -32.45%
Volume: 255,200 shares. 3 month avg: 510,991 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: Roof, inverted reversal pattern from 04/06/2022 to 06/08/2022
Breakout is downward 50% of the time.
Average decline: 17%.
Break-even failure rate: 10%.
Pullbacks occur 56% of the time.
Price hits measure rule target 73% of the time.

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Steelcase (SCS)
Industry: Furn/Home Furnishings
Industry RS rank: 35 out of 60
Stock RS rank: 169 out of 563
6/9/22 close: $12.22
1 Month avg volatility: $0.31. Volatility stop (for upward breakout): $11.57 or 5.3% below the close.
Change YTD: 4.27%
Volume: 325,500 shares. 3 month avg: 708,518 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: Triangle, ascending reversal pattern from 03/21/2022 to 06/09/2022
Breakout 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.

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Transocean Inc. (RIG)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 2 out of 60
Stock RS rank: 32 out of 563
6/9/22 close: $4.59
1 Month avg volatility: $0.26. Volatility stop (for upward breakout): $4.05 or 11.8% below the close.
Change YTD: 66.30%
Volume: 14,081,700 shares. 3 month avg: 13,612,100 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.

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