As of 04/25/2024
  Indus: 38,086 -375.12 -1.0%  
  Trans: 15,297 +219.09 +1.5%  
  Utils: 895 +1.83 +0.2%  
  Nasdaq: 15,612 -100.99 -0.6%  
  S&P 500: 5,048 -23.21 -0.5%  
YTD
 +1.1%  
-3.8%  
 +1.5%  
 +4.0%  
 +5.8%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024
As of 04/25/2024
  Indus: 38,086 -375.12 -1.0%  
  Trans: 15,297 +219.09 +1.5%  
  Utils: 895 +1.83 +0.2%  
  Nasdaq: 15,612 -100.99 -0.6%  
  S&P 500: 5,048 -23.21 -0.5%  
YTD
 +1.1%  
-3.8%  
 +1.5%  
 +4.0%  
 +5.8%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024

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.
 
Advanced Micro Devices, Inc (AMD)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 57 out of 60
Stock RS rank: 515 out of 563
6/16/22 close: $82.05
1 Month avg volatility: $5.51. Volatility stop (for downward breakout): $97.74 or 19.1% above the close.
Change YTD: -42.98%
Volume: 101,913,500 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: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Amedisys Inc (AMED)
Industry: Medical Services
Industry RS rank: 19 out of 60
Stock RS rank: 381 out of 563
6/16/22 close: $115.64
1 Month avg volatility: $4.87. Volatility stop (for upward breakout): $103.93 or 10.1% below the close.
Change YTD: -28.56%
Volume: 466,100 shares. 3 month avg: 412,928 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 bottom reversal pattern from 06/06/2022 to 06/16/2022
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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American Financial Group (AFG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 9 out of 60
Stock RS rank: 167 out of 563
6/16/22 close: $129.47
1 Month avg volatility: $3.32. Volatility stop (for downward breakout): $138.78 or 7.2% above the close.
Change YTD: -5.72%
Volume: 413,000 shares. 3 month avg: 353,085 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: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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

American International Group (AIG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 9 out of 60
Stock RS rank: 177 out of 563
6/16/22 close: $49.97
1 Month avg volatility: $1.73. Volatility stop (for downward breakout): $54.40 or 8.9% above the close.
Change YTD: -12.12%
Volume: 7,590,900 shares. 3 month avg: 5,185,998 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 05/31/2022 to 06/07/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Anthem (ANTM)
Industry: Medical Services
Industry RS rank: 19 out of 60
Stock RS rank: 103 out of 563
6/16/22 close: $454.76
1 Month avg volatility: $11.67. Volatility stop (for downward breakout): $480.62 or 5.7% above the close.
Change YTD: -1.89%
Volume: 1,128,400 shares. 3 month avg: 1,801,302 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 top reversal pattern from 05/23/2022 to 05/31/2022
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.

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Apache Corp. (APA)
Industry: Petroleum (Producing)
Industry RS rank: 1 out of 60
Stock RS rank: 13 out of 563
6/16/22 close: $41.76
1 Month avg volatility: $2.23. Volatility stop (for downward breakout): $48.79 or 16.8% above the close.
Change YTD: 55.30%
Volume: 8,982,400 shares. 3 month avg: 7,966,826 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 top reversal pattern from 05/31/2022 to 06/06/2022
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

Arch Capital Group Ltd (ACGL)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 9 out of 60
Stock RS rank: 136 out of 563
6/16/22 close: $42.23
1 Month avg volatility: $1.00. Volatility stop (for downward breakout): $45.41 or 7.5% above the close.
Change YTD: -4.99%
Volume: 2,029,800 shares. 3 month avg: 517,168 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: Diamond top reversal pattern from 05/26/2022 to 06/07/2022
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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Assurant Inc (AIZ)
Industry: Insurance (Diversified)
Industry RS rank: 13 out of 60
Stock RS rank: 73 out of 563
6/16/22 close: $169.08
1 Month avg volatility: $4.13. Volatility stop (for downward breakout): $180.30 or 6.6% above the close.
Change YTD: 8.48%
Volume: 532,400 shares. 3 month avg: 327,640 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Three Falling Peaks reversal pattern from 04/21/2022 to 05/18/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

Top

Axis Capital Holdings Ltd (AXS)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 9 out of 60
Stock RS rank: 101 out of 563
6/16/22 close: $53.55
1 Month avg volatility: $1.38. Volatility stop (for downward breakout): $57.76 or 7.9% above the close.
Change YTD: -1.69%
Volume: 539,900 shares. 3 month avg: 808,385 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 05/31/2022 to 06/07/2022
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

Beacon Roofing Supply Inc. (BECN)
Industry: Retail Building Supply
Industry RS rank: 48 out of 60
Stock RS rank: 144 out of 563
6/16/22 close: $50.84
1 Month avg volatility: $2.17. Volatility stop (for downward breakout): $60.15 or 18.3% above the close.
Change YTD: -11.35%
Volume: 910,800 shares. 3 month avg: 811,195 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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BioMarin Pharmaceutical Inc (BMRN)
Industry: Biotechnology
Industry RS rank: 31 out of 60
Stock RS rank: 237 out of 563
6/16/22 close: $72.17
1 Month avg volatility: $2.32. Volatility stop (for downward breakout): $78.40 or 8.6% above the close.
Change YTD: -18.31%
Volume: 1,247,600 shares. 3 month avg: 1,330,032 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Three Falling Peaks reversal pattern from 04/08/2022 to 05/27/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

Top

Black Hills Corp (BKH)
Industry: Electric Utility (West)
Industry RS rank: 10 out of 60
Stock RS rank: 126 out of 563
6/16/22 close: $68.43
1 Month avg volatility: $1.66. Volatility stop (for downward breakout): $72.53 or 6.0% above the close.
Change YTD: -3.03%
Volume: 427,900 shares. 3 month avg: 512,838 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 Top, Adam and Adam reversal pattern from 05/10/2022 to 05/26/2022
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

Boeing Company, The (BA)
Industry: Aerospace/Defense
Industry RS rank: 8 out of 60
Stock RS rank: 428 out of 563
6/16/22 close: $133.36
1 Month avg volatility: $6.19. Volatility stop (for upward breakout): $118.89 or 10.9% below the close.
Change YTD: -33.76%
Volume: 19,492,500 shares. 3 month avg: 3,332,308 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 05/12/2022 to 06/14/2022
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

Booking Holdings (BKNG)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 44 out of 60
Stock RS rank: 226 out of 563
6/16/22 close: $1,846.24
1 Month avg volatility: $79.34. Volatility stop (for downward breakout): $2,067.94 or 12.0% above the close.
Change YTD: -23.05%
Volume: 551,400 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: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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

Bristol-Myers Squibb Company (BMY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 23 out of 60
Stock RS rank: 52 out of 563
6/16/22 close: $72.62
1 Month avg volatility: $1.34. Volatility stop (for downward breakout): $75.49 or 4.0% above the close.
Change YTD: 16.47%
Volume: 13,899,900 shares. 3 month avg: 5,378,746 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 Top, Adam and Adam reversal pattern from 05/18/2022 to 05/26/2022
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

Builders FirstSource, Inc (BLDR)
Industry: Retail Building Supply
Industry RS rank: 48 out of 60
Stock RS rank: 461 out of 563
6/16/22 close: $50.48
1 Month avg volatility: $3.23. Volatility stop (for downward breakout): $60.87 or 20.6% above the close.
Change YTD: -41.10%
Volume: 4,455,800 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 Top, Adam and Eve reversal pattern from 05/27/2022 to 06/06/2022
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

Cadence Design Systems Inc (CDNS)
Industry: Computer Software and Svcs
Industry RS rank: 51 out of 60
Stock RS rank: 343 out of 563
6/16/22 close: $141.08
1 Month avg volatility: $5.14. Volatility stop (for downward breakout): $154.79 or 9.7% above the close.
Change YTD: -24.29%
Volume: 1,611,100 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 top reversal pattern from 05/31/2022 to 06/06/2022
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

Celestica Inc (CLS)
Industry: Electronics
Industry RS rank: 24 out of 60
Stock RS rank: 190 out of 563
6/16/22 close: $9.58
1 Month avg volatility: $0.35. Volatility stop (for downward breakout): $11.07 or 15.5% above the close.
Change YTD: -13.93%
Volume: 928,800 shares. 3 month avg: 557,234 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 05/18/2022 to 06/06/2022
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

Cemex SA de CV (CX)
Industry: Cement and Aggregates
Industry RS rank: 50 out of 60
Stock RS rank: 521 out of 563
6/16/22 close: $3.32
1 Month avg volatility: $0.18. Volatility stop (for downward breakout): $3.88 or 16.8% above the close.
Change YTD: -51.03%
Volume: 16,254,000 shares. 3 month avg: 9,928,860 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 05/20/2022 to 05/31/2022
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

CF Industries Holdings, Inc. (CF)
Industry: Chemical (Basic)
Industry RS rank: 27 out of 60
Stock RS rank: 26 out of 563
6/16/22 close: $90.61
1 Month avg volatility: $5.04. Volatility stop (for downward breakout): $105.53 or 16.5% above the close.
Change YTD: 28.02%
Volume: 5,234,800 shares. 3 month avg: 3,754,700 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: Head-and-shoulders top reversal pattern from 03/25/2022 to 05/16/2022
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

Chevron Corp (CVX)
Industry: Petroleum (Integrated)
Industry RS rank: 2 out of 60
Stock RS rank: 34 out of 563
6/16/22 close: $155.48
1 Month avg volatility: $4.56. Volatility stop (for downward breakout): $169.66 or 9.1% above the close.
Change YTD: 32.49%
Volume: 18,085,300 shares. 3 month avg: 5,172,805 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 Top, Adam and Adam reversal pattern from 05/31/2022 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.

Top

Cincinnati Financial Corp (CINF)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 9 out of 60
Stock RS rank: 130 out of 563
6/16/22 close: $112.70
1 Month avg volatility: $2.72. Volatility stop (for downward breakout): $120.73 or 7.1% above the close.
Change YTD: -1.08%
Volume: 707,900 shares. 3 month avg: 534,966 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 05/31/2022 to 06/06/2022
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

Comtech Telecommunications Corp (CMTL)
Industry: Telecom. Equipment
Industry RS rank: 54 out of 60
Stock RS rank: 553 out of 563
6/16/22 close: $8.62
1 Month avg volatility: $0.65. Volatility stop (for downward breakout): $10.39 or 20.6% above the close.
Change YTD: -63.61%
Volume: 168,300 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: Dead-cat bounce continuation pattern from 06/10/2022 to 06/10/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Cross Country Healthcare Inc (CCRN)
Industry: Human Resources
Industry RS rank: 33 out of 60
Stock RS rank: 420 out of 563
6/16/22 close: $17.83
1 Month avg volatility: $0.86. Volatility stop (for upward breakout): $15.99 or 10.3% below the close.
Change YTD: -35.77%
Volume: 450,400 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: Ugly double bottom reversal pattern from 05/16/2022 to 06/13/2022
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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Devon Energy Corp. (DVN)
Industry: Natural Gas (Diversified)
Industry RS rank: 4 out of 60
Stock RS rank: 16 out of 563
6/16/22 close: $63.27
1 Month avg volatility: $2.90. Volatility stop (for downward breakout): $72.72 or 14.9% above the close.
Change YTD: 43.63%
Volume: 17,344,400 shares. 3 month avg: 4,704,349 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 top reversal pattern from 05/31/2022 to 06/06/2022
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

Dominion Resources Inc. (D)
Industry: Electric Utility (East)
Industry RS rank: 14 out of 60
Stock RS rank: 145 out of 563
6/16/22 close: $74.38
1 Month avg volatility: $1.76. Volatility stop (for downward breakout): $78.38 or 5.4% above the close.
Change YTD: -5.32%
Volume: 5,239,800 shares. 3 month avg: 2,249,422 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, Eve and Eve reversal pattern from 05/10/2022 to 05/27/2022
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

DTE Energy Company (DTE)
Industry: Electric Utility (Central)
Industry RS rank: 11 out of 60
Stock RS rank: 128 out of 563
6/16/22 close: $116.61
1 Month avg volatility: $2.57. Volatility stop (for downward breakout): $122.04 or 4.7% above the close.
Change YTD: -2.45%
Volume: 1,482,900 shares. 3 month avg: 979,609 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, Eve and Adam reversal pattern from 05/26/2022 to 06/07/2022
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.

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Estee Lauder, Cos (EL)
Industry: Toiletries/Cosmetics
Industry RS rank: 53 out of 60
Stock RS rank: 467 out of 563
6/16/22 close: $233.12
1 Month avg volatility: $8.95. Volatility stop (for downward breakout): $257.88 or 10.6% above the close.
Change YTD: -37.03%
Volume: 1,571,900 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: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Evolent Health, Inc (EVH)
Industry: Healthcare Information
Industry RS rank: 38 out of 60
Stock RS rank: 115 out of 563
6/16/22 close: $26.71
1 Month avg volatility: $1.39. Volatility stop (for downward breakout): $30.09 or 12.7% above the close.
Change YTD: -3.47%
Volume: 461,700 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Broadening top reversal pattern from 05/17/2022 to 06/02/2022
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.

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Freeport-McMoRan Copper and Gold B (FCX)
Industry: Metals and Mining (Div.)
Industry RS rank: 15 out of 60
Stock RS rank: 161 out of 563
6/16/22 close: $34.87
1 Month avg volatility: $1.52. Volatility stop (for downward breakout): $39.07 or 12.0% above the close.
Change YTD: -16.44%
Volume: 20,398,700 shares. 3 month avg: 23,596,338 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Google (GOOGL)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 44 out of 60
Stock RS rank: 387 out of 563
6/16/22 close: $2,120.67
1 Month avg volatility: $67.32. Volatility stop (for downward breakout): $2,307.61 or 8.8% above the close.
Change YTD: -26.80%
Volume: 2,564,900 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 top reversal pattern from 05/31/2022 to 06/06/2022
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.

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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: 39 out of 60
Stock RS rank: 109 out of 563
6/16/22 close: $26.22
1 Month avg volatility: $1.24. Volatility stop (for downward breakout): $31.70 or 20.9% above the close.
Change YTD: -7.94%
Volume: 549,000 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: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Hanover Insurance Group, The (THG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 9 out of 60
Stock RS rank: 95 out of 563
6/16/22 close: $136.34
1 Month avg volatility: $3.04. Volatility stop (for downward breakout): $145.04 or 6.4% above the close.
Change YTD: 4.03%
Volume: 151,000 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: Double Top, Adam and Eve reversal pattern from 05/27/2022 to 06/08/2022
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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Hawaiian Electric Industries, Inc. (HE)
Industry: Electric Utility (West)
Industry RS rank: 10 out of 60
Stock RS rank: 181 out of 563
6/16/22 close: $38.50
1 Month avg volatility: $1.02. Volatility stop (for downward breakout): $41.02 or 6.5% above the close.
Change YTD: -7.23%
Volume: 681,500 shares. 3 month avg: 463,472 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 05/27/2022 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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Henry Schein Inc. (HSIC)
Industry: Medical Supplies
Industry RS rank: 42 out of 60
Stock RS rank: 116 out of 563
6/16/22 close: $73.17
1 Month avg volatility: $2.13. Volatility stop (for downward breakout): $78.87 or 7.8% above the close.
Change YTD: -5.62%
Volume: 1,202,800 shares. 3 month avg: 2,211,905 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: Head-and-shoulders complex top reversal pattern from 05/04/2022 to 06/01/2022
Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

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Hologic Inc (HOLX)
Industry: Medical Supplies
Industry RS rank: 42 out of 60
Stock RS rank: 222 out of 563
6/16/22 close: $67.12
1 Month avg volatility: $1.71. Volatility stop (for downward breakout): $71.39 or 6.4% above the close.
Change YTD: -12.33%
Volume: 2,102,600 shares. 3 month avg: 3,130,522 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 04/08/2022 to 05/17/2022
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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Honeywell International Inc (HON)
Industry: Aerospace/Defense
Industry RS rank: 8 out of 60
Stock RS rank: 236 out of 563
6/16/22 close: $179.88
1 Month avg volatility: $4.29. Volatility stop (for downward breakout): $190.98 or 6.2% above the close.
Change YTD: -13.73%
Volume: 4,428,100 shares. 3 month avg: 2,744,942 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: Three Falling Peaks reversal pattern from 05/04/2022 to 06/07/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

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Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 60 out of 60
Stock RS rank: 554 out of 563
6/16/22 close: $40.67
1 Month avg volatility: $3.43. Volatility stop (for downward breakout): $49.79 or 22.4% above the close.
Change YTD: -68.05%
Volume: 127,500 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: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Idex Corp (IEX)
Industry: Machinery
Industry RS rank: 28 out of 60
Stock RS rank: 382 out of 563
6/16/22 close: $173.41
1 Month avg volatility: $3.93. Volatility stop (for downward breakout): $183.47 or 5.8% above the close.
Change YTD: -26.62%
Volume: 399,300 shares. 3 month avg: 279,572 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: Three Falling Peaks reversal pattern from 03/18/2022 to 04/21/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

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Insteel Industries Inc (IIIN)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 39 out of 60
Stock RS rank: 194 out of 563
6/16/22 close: $35.45
1 Month avg volatility: $1.62. Volatility stop (for downward breakout): $41.09 or 15.9% above the close.
Change YTD: -10.95%
Volume: 200,500 shares. 3 month avg: 163,711 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Johnson and Johnson (JNJ)
Industry: Medical Supplies
Industry RS rank: 42 out of 60
Stock RS rank: 117 out of 563
6/16/22 close: $170.08
1 Month avg volatility: $3.11. Volatility stop (for downward breakout): $176.42 or 3.7% above the close.
Change YTD: -0.58%
Volume: 6,999,600 shares. 3 month avg: 5,464,417 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: Three Falling Peaks reversal pattern from 04/25/2022 to 06/08/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

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Leggett and Platt (LEG)
Industry: Furn/Home Furnishings
Industry RS rank: 40 out of 60
Stock RS rank: 294 out of 563
6/16/22 close: $33.39
1 Month avg volatility: $0.99. Volatility stop (for upward breakout): $31.21 or 6.5% below the close.
Change YTD: -18.88%
Volume: 2,151,300 shares. 3 month avg: 1,259,645 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Broadening bottom reversal pattern from 04/20/2022 to 06/16/2022
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.

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Lockheed Martin Corp (LMT)
Industry: Aerospace/Defense
Industry RS rank: 8 out of 60
Stock RS rank: 56 out of 563
6/16/22 close: $404.79
1 Month avg volatility: $9.45. Volatility stop (for upward breakout): $384.12 or 5.1% below the close.
Change YTD: 13.89%
Volume: 1,561,400 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: Broadening bottom reversal pattern from 05/02/2022 to 06/15/2022
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.

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Lowes Companies, Inc (LOW)
Industry: Retail Building Supply
Industry RS rank: 48 out of 60
Stock RS rank: 447 out of 563
6/16/22 close: $171.61
1 Month avg volatility: $6.30. Volatility stop (for downward breakout): $187.53 or 9.3% above the close.
Change YTD: -33.61%
Volume: 5,490,800 shares. 3 month avg: 6,401,252 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Triple top reversal pattern from 05/27/2022 to 06/09/2022
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.

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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: 39 out of 60
Stock RS rank: 5 out of 563
6/16/22 close: $16.34
1 Month avg volatility: $1.35. Volatility stop (for downward breakout): $19.78 or 21.1% above the close.
Change YTD: 47.87%
Volume: 476,100 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: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Manhattan Associates (MANH)
Industry: IT Services
Industry RS rank: 35 out of 60
Stock RS rank: 397 out of 563
6/16/22 close: $108.72
1 Month avg volatility: $4.80. Volatility stop (for downward breakout): $121.32 or 11.6% above the close.
Change YTD: -30.08%
Volume: 412,200 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: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Marathon Oil (MRO)
Industry: Petroleum (Integrated)
Industry RS rank: 2 out of 60
Stock RS rank: 11 out of 563
6/16/22 close: $25.66
1 Month avg volatility: $1.34. Volatility stop (for downward breakout): $29.89 or 16.5% above the close.
Change YTD: 56.27%
Volume: 29,584,100 shares. 3 month avg: 12,845,475 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 05/31/2022 to 06/06/2022
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.

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Mueller Industries Inc. (MLI)
Industry: Metal Fabricating
Industry RS rank: 22 out of 60
Stock RS rank: 223 out of 563
6/16/22 close: $50.55
1 Month avg volatility: $1.52. Volatility stop (for downward breakout): $55.82 or 10.4% above the close.
Change YTD: -14.84%
Volume: 368,000 shares. 3 month avg: 161,678 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: Three Falling Peaks reversal pattern from 03/22/2022 to 06/07/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

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Nabors Industries, Ltd. (NBR)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 3 out of 60
Stock RS rank: 15 out of 563
6/16/22 close: $140.68
1 Month avg volatility: $10.28. Volatility stop (for downward breakout): $170.31 or 21.1% above the close.
Change YTD: 73.49%
Volume: 229,800 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 05/31/2022 to 06/06/2022
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.

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National Oilwell Varco (NOV)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 3 out of 60
Stock RS rank: 41 out of 563
6/16/22 close: $17.27
1 Month avg volatility: $0.76. Volatility stop (for downward breakout): $18.94 or 9.7% above the close.
Change YTD: 27.45%
Volume: 5,463,100 shares. 3 month avg: 3,130,966 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Nike Inc (NKE)
Industry: Shoe
Industry RS rank: 58 out of 60
Stock RS rank: 455 out of 563
6/16/22 close: $107.12
1 Month avg volatility: $3.49. Volatility stop (for downward breakout): $116.88 or 9.1% above the close.
Change YTD: -35.73%
Volume: 7,332,700 shares. 3 month avg: 10,538,462 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Northwest Pipe Co (NWPX)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 39 out of 60
Stock RS rank: 105 out of 563
6/16/22 close: $30.75
1 Month avg volatility: $1.32. Volatility stop (for downward breakout): $34.23 or 11.3% above the close.
Change YTD: -3.30%
Volume: 49,000 shares. 3 month avg: 31,645 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 05/24/2022 to 06/07/2022
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.

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Open Text Corp (OTEX)
Industry: E-Commerce
Industry RS rank: 56 out of 60
Stock RS rank: 328 out of 563
6/16/22 close: $36.70
1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $39.25 or 7.0% above the close.
Change YTD: -22.70%
Volume: 631,400 shares. 3 month avg: 520,157 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 05/31/2022 to 06/06/2022
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.

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Pfizer Inc. (PFE)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 23 out of 60
Stock RS rank: 292 out of 563
6/16/22 close: $47.48
1 Month avg volatility: $1.27. Volatility stop (for downward breakout): $50.55 or 6.5% above the close.
Change YTD: -19.59%
Volume: 20,061,800 shares. 3 month avg: 34,097,717 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, 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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PPL Corporation (PPL)
Industry: Electric Utility (East)
Industry RS rank: 14 out of 60
Stock RS rank: 213 out of 563
6/16/22 close: $25.74
1 Month avg volatility: $0.61. Volatility stop (for downward breakout): $27.21 or 5.7% above the close.
Change YTD: -14.37%
Volume: 9,126,300 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: Triple top reversal pattern from 04/21/2022 to 06/08/2022
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.

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Ralph Lauren Corp. (RL)
Industry: Apparel
Industry RS rank: 46 out of 60
Stock RS rank: 358 out of 563
6/16/22 close: $87.14
1 Month avg volatility: $3.85. Volatility stop (for downward breakout): $100.06 or 14.8% above the close.
Change YTD: -26.69%
Volume: 1,148,100 shares. 3 month avg: 933,391 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 top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Reinsurance Group of America (RGA)
Industry: Insurance (Life)
Industry RS rank: 12 out of 60
Stock RS rank: 85 out of 563
6/16/22 close: $109.98
1 Month avg volatility: $3.10. Volatility stop (for downward breakout): $119.39 or 8.6% above the close.
Change YTD: 0.45%
Volume: 513,600 shares. 3 month avg: 326,800 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 top reversal pattern from 05/17/2022 to 06/07/2022
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.

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Rockwell Automation Inc (ROK)
Industry: Diversified Co.
Industry RS rank: 43 out of 60
Stock RS rank: 514 out of 563
6/16/22 close: $198.01
1 Month avg volatility: $5.93. Volatility stop (for downward breakout): $213.61 or 7.9% above the close.
Change YTD: -43.24%
Volume: 1,630,900 shares. 3 month avg: 619,245 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Sherwin-Williams Co (SHW)
Industry: Chemical (Basic)
Industry RS rank: 27 out of 60
Stock RS rank: 473 out of 563
6/16/22 close: $218.95
1 Month avg volatility: $8.27. Volatility stop (for downward breakout): $240.36 or 9.8% above the close.
Change YTD: -37.83%
Volume: 1,550,600 shares. 3 month avg: 564,294 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 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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Skechers USA Inc (SKX)
Industry: Shoe
Industry RS rank: 58 out of 60
Stock RS rank: 277 out of 563
6/16/22 close: $35.40
1 Month avg volatility: $1.55. Volatility stop (for downward breakout): $39.73 or 12.2% above the close.
Change YTD: -18.43%
Volume: 1,247,300 shares. 3 month avg: 3,234,920 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Southwestern Energy Company (SWN)
Industry: Natural Gas (Diversified)
Industry RS rank: 4 out of 60
Stock RS rank: 19 out of 563
6/16/22 close: $7.27
1 Month avg volatility: $0.57. Volatility stop (for downward breakout): $8.96 or 23.3% above the close.
Change YTD: 56.01%
Volume: 42,151,700 shares. 3 month avg: 16,683,949 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Spire (SR)
Industry: Natural Gas (Distributor)
Industry RS rank: 6 out of 60
Stock RS rank: 65 out of 563
6/16/22 close: $71.69
1 Month avg volatility: $1.71. Volatility stop (for downward breakout): $75.64 or 5.5% above the close.
Change YTD: 9.92%
Volume: 244,000 shares. 3 month avg: 172,872 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 top reversal pattern from 04/20/2022 to 06/07/2022
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.

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Steelcase (SCS)
Industry: Furn/Home Furnishings
Industry RS rank: 40 out of 60
Stock RS rank: 209 out of 563
6/16/22 close: $10.21
1 Month avg volatility: $0.33. Volatility stop (for downward breakout): $11.46 or 12.2% above the close.
Change YTD: -12.88%
Volume: 1,746,600 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: Triple top reversal pattern from 05/04/2022 to 06/08/2022
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.

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Techne Corporation (TECH)
Industry: Biotechnology
Industry RS rank: 31 out of 60
Stock RS rank: 429 out of 563
6/16/22 close: $322.67
1 Month avg volatility: $11.90. Volatility stop (for downward breakout): $349.08 or 8.2% above the close.
Change YTD: -37.63%
Volume: 421,600 shares. 3 month avg: 150,611 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Diamond top reversal pattern from 05/16/2022 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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U.S Silica Holdings Inc (SLCA)
Industry: Metals and Mining (Div.)
Industry RS rank: 15 out of 60
Stock RS rank: 37 out of 563
6/16/22 close: $12.72
1 Month avg volatility: $1.09. Volatility stop (for downward breakout): $15.54 or 22.2% above the close.
Change YTD: 35.32%
Volume: 1,054,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Three Falling Peaks reversal pattern from 04/18/2022 to 05/31/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

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UGI Corp. (UGI)
Industry: Natural Gas (Distributor)
Industry RS rank: 6 out of 60
Stock RS rank: 253 out of 563
6/16/22 close: $38.24
1 Month avg volatility: $1.00. Volatility stop (for downward breakout): $40.77 or 6.6% above the close.
Change YTD: -16.71%
Volume: 1,414,900 shares. 3 month avg: 686,418 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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Valmont Industries Inc. (VMI)
Industry: Metal Fabricating
Industry RS rank: 22 out of 60
Stock RS rank: 201 out of 563
6/16/22 close: $220.62
1 Month avg volatility: $6.41. Volatility stop (for downward breakout): $243.17 or 10.2% above the close.
Change YTD: -11.93%
Volume: 108,700 shares. 3 month avg: 117,540 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
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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Visteon Corp (VC)
Industry: Electronics
Industry RS rank: 24 out of 60
Stock RS rank: 203 out of 563
6/16/22 close: $95.80
1 Month avg volatility: $4.57. Volatility stop (for downward breakout): $111.63 or 16.5% above the close.
Change YTD: -13.80%
Volume: 452,300 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: Pipe top reversal pattern from 05/31/2022 to 06/06/2022
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.

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