As of 04/18/2024
  Indus: 37,775 +22.07 +0.1%  
  Trans: 14,947 -39.62 -0.3%  
  Utils: 860 +6.95 +0.8%  
  Nasdaq: 15,602 -81.87 -0.5%  
  S&P 500: 5,011 -11.09 -0.2%  
YTD
 +0.2%  
-6.0%  
-2.4%  
 +3.9%  
 +5.1%  
  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 04/18/2024
  Indus: 37,775 +22.07 +0.1%  
  Trans: 14,947 -39.62 -0.3%  
  Utils: 860 +6.95 +0.8%  
  Nasdaq: 15,602 -81.87 -0.5%  
  S&P 500: 5,011 -11.09 -0.2%  
YTD
 +0.2%  
-6.0%  
-2.4%  
 +3.9%  
 +5.1%  
  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.
 
3D Systems (DDD)
Industry: Electronics
Industry RS rank: 25 out of 60
Stock RS rank: 542 out of 562
6/30/22 close: $9.70
1 Month avg volatility: $0.50. Volatility stop (for upward breakout): $8.40 or 13.4% below the close.
Change YTD: -54.97%
Volume: 937,100 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: Triangle, symmetrical continuation pattern from 05/04/2022 to 06/30/2022
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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Air Transport Services Group (ATSG)
Industry: Air Transport
Industry RS rank: 20 out of 60
Stock RS rank: 144 out of 562
6/30/22 close: $28.73
1 Month avg volatility: $1.10. Volatility stop (for upward breakout): $26.28 or 8.5% below the close.
Change YTD: -2.21%
Volume: 390,600 shares. 3 month avg: 530,657 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: Triangle, symmetrical continuation pattern from 03/29/2022 to 06/30/2022
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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American Eagle Outfitters Inc. (AEO)
Industry: Apparel
Industry RS rank: 45 out of 60
Stock RS rank: 548 out of 562
6/30/22 close: $11.18
1 Month avg volatility: $0.59. Volatility stop (for downward breakout): $12.83 or 14.7% above the close.
Change YTD: -55.85%
Volume: 11,217,500 shares. 3 month avg: 4,309,748 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 Top, Adam and Adam reversal pattern from 06/08/2022 to 06/27/2022
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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AptarGroup Inc (ATR)
Industry: Packaging and Container
Industry RS rank: 22 out of 60
Stock RS rank: 250 out of 562
6/30/22 close: $103.21
1 Month avg volatility: $2.61. Volatility stop (for upward breakout): $96.15 or 6.8% below the close.
Change YTD: -15.73%
Volume: 205,900 shares. 3 month avg: 241,254 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 06/13/2022 to 06/21/2022
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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Bassett Furniture Industries Inc (BSET)
Industry: Furn/Home Furnishings
Industry RS rank: 43 out of 60
Stock RS rank: 84 out of 562
6/30/22 close: $18.12
1 Month avg volatility: $0.83. Volatility stop (for upward breakout): $14.55 or 19.7% below the close.
Change YTD: 8.05%
Volume: 173,000 shares. 3 month avg: 28,538 shares.
This security may be thinly traded (less than 100k 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: Ugly double bottom reversal pattern from 05/24/2022 to 06/16/2022
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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Bed Bath and Beyond (BBBY)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 52 out of 60
Stock RS rank: 557 out of 562
6/30/22 close: $4.97
1 Month avg volatility: $0.62. Volatility stop (for downward breakout): $6.57 or 32.2% above the close.
Change YTD: -65.91%
Volume: 19,028,900 shares. 3 month avg: 4,821,077 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Dead-cat bounce continuation pattern from 06/29/2022 to 06/29/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Cal-Maine Foods Inc (CALM)
Industry: Food Processing
Industry RS rank: 9 out of 60
Stock RS rank: 20 out of 562
6/30/22 close: $49.41
1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $46.20 or 6.5% below the close.
Change YTD: 33.58%
Volume: 447,800 shares. 3 month avg: 322,132 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 06/06/2022 to 06/13/2022
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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Chicos FAS Inc. (CHS)
Industry: Apparel
Industry RS rank: 45 out of 60
Stock RS rank: 138 out of 562
6/30/22 close: $4.97
1 Month avg volatility: $0.31. Volatility stop (for downward breakout): $5.78 or 16.3% above the close.
Change YTD: -7.62%
Volume: 2,656,900 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: Head-and-shoulders top reversal pattern from 06/15/2022 to 06/28/2022
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Dominion Resources Inc. (D)
Industry: Electric Utility (East)
Industry RS rank: 13 out of 60
Stock RS rank: 122 out of 562
6/30/22 close: $79.81
1 Month avg volatility: $1.67. Volatility stop (for upward breakout): $75.04 or 6.0% below the close.
Change YTD: 1.59%
Volume: 3,474,800 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: Pipe bottom reversal pattern from 06/13/2022 to 06/21/2022
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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Elevance Health (ELV)
Industry: Medical Services
Industry RS rank: 16 out of 60
Stock RS rank: 110 out of 562
6/30/22 close: $482.58
1 Month avg volatility: $12.22. Volatility stop (for upward breakout): $455.14 or 5.7% below the close.
Change YTD: 4.11%
Volume: 1,511,700 shares. 3 month avg: 1,162,854 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 06/13/2022 to 06/21/2022
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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General Mills Inc (GIS)
Industry: Food Processing
Industry RS rank: 9 out of 60
Stock RS rank: 70 out of 562
6/30/22 close: $75.45
1 Month avg volatility: $1.58. Volatility stop (for upward breakout): $70.74 or 6.3% below the close.
Change YTD: 11.98%
Volume: 8,221,500 shares. 3 month avg: 4,139,065 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 05/19/2022 to 06/16/2022
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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HNI (HON Industries) (HNI)
Industry: Furn/Home Furnishings
Industry RS rank: 43 out of 60
Stock RS rank: 275 out of 562
6/30/22 close: $34.69
1 Month avg volatility: $1.07. Volatility stop (for upward breakout): $31.55 or 9.0% below the close.
Change YTD: -17.50%
Volume: 220,900 shares. 3 month avg: 239,735 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: Broadening bottom reversal pattern from 04/07/2022 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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IDACORP Inc (IDA)
Industry: Electric Utility (West)
Industry RS rank: 11 out of 60
Stock RS rank: 167 out of 562
6/30/22 close: $105.92
1 Month avg volatility: $2.24. Volatility stop (for upward breakout): $100.10 or 5.5% below the close.
Change YTD: -6.52%
Volume: 206,100 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: Pipe bottom reversal pattern from 06/13/2022 to 06/21/2022
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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Jazz Pharmaceuticals, Inc. (JAZZ)
Industry: Biotechnology
Industry RS rank: 28 out of 60
Stock RS rank: 52 out of 562
6/30/22 close: $156.01
1 Month avg volatility: $4.13. Volatility stop (for upward breakout): $145.74 or 6.6% below the close.
Change YTD: 22.46%
Volume: 435,900 shares. 3 month avg: 454,337 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: 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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JetBlue Airways Corporation (JBLU)
Industry: Air Transport
Industry RS rank: 20 out of 60
Stock RS rank: 508 out of 562
6/30/22 close: $8.37
1 Month avg volatility: $0.45. Volatility stop (for upward breakout): $7.35 or 12.1% below the close.
Change YTD: -41.22%
Volume: 11,000,200 shares. 3 month avg: 6,141,268 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 Adam reversal pattern from 06/16/2022 to 06/23/2022
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.

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L3Harris Technologies (LHX)
Industry: Aerospace/Defense
Industry RS rank: 8 out of 60
Stock RS rank: 68 out of 562
6/30/22 close: $241.70
1 Month avg volatility: $5.41. Volatility stop (for upward breakout): $224.64 or 7.1% below the close.
Change YTD: 13.35%
Volume: 1,042,600 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: Pipe bottom reversal pattern from 06/13/2022 to 06/21/2022
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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Lancaster Colony Corp (LANC)
Industry: Food Processing
Industry RS rank: 9 out of 60
Stock RS rank: 328 out of 562
6/30/22 close: $128.78
1 Month avg volatility: $3.39. Volatility stop (for upward breakout): $120.52 or 6.4% below the close.
Change YTD: -22.23%
Volume: 213,100 shares. 3 month avg: 112,417 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: Scallop, ascending continuation pattern from 05/25/2022 to 06/27/2022
Breakout is upward 80% of the time.
Average rise: 31%.
Break-even failure rate: 10%.
Throwbacks occur 58% of the time.
Price hits measure rule target 58% of the time.

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Marten Transport Ltd (MRTN)
Industry: Trucking/Transp. Leasing
Industry RS rank: 50 out of 60
Stock RS rank: 142 out of 562
6/30/22 close: $16.82
1 Month avg volatility: $0.54. Volatility stop (for upward breakout): $15.35 or 8.7% below the close.
Change YTD: -1.98%
Volume: 258,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 03/17/2022 to 06/30/2022
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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National Fuel Gas (NFG)
Industry: Natural Gas (Diversified)
Industry RS rank: 5 out of 60
Stock RS rank: 115 out of 562
6/30/22 close: $66.05
1 Month avg volatility: $1.68. Volatility stop (for downward breakout): $70.15 or 6.2% above the close.
Change YTD: 3.30%
Volume: 500,000 shares. 3 month avg: 355,354 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 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.

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Omnicell, Inc (OMCL)
Industry: Healthcare Information
Industry RS rank: 31 out of 60
Stock RS rank: 483 out of 562
6/30/22 close: $113.75
1 Month avg volatility: $4.71. Volatility stop (for upward breakout): $102.94 or 9.5% below the close.
Change YTD: -36.96%
Volume: 1,732,000 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.

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Omnicom Group (OMC)
Industry: Advertising
Industry RS rank: 37 out of 60
Stock RS rank: 232 out of 562
6/30/22 close: $63.61
1 Month avg volatility: $1.59. Volatility stop (for upward breakout): $59.26 or 6.8% below the close.
Change YTD: -13.18%
Volume: 1,429,300 shares. 3 month avg: 2,548,395 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/16/2022 to 06/23/2022
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.

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On Assignment, Inc. (ASGN)
Industry: Human Resources
Industry RS rank: 29 out of 60
Stock RS rank: 395 out of 562
6/30/22 close: $90.25
1 Month avg volatility: $3.02. Volatility stop (for upward breakout): $80.35 or 11.0% below the close.
Change YTD: -26.86%
Volume: 422,600 shares. 3 month avg: 295,840 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 06/13/2022 to 06/21/2022
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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PetMed Express Inc. (PETS)
Industry: Medical Services
Industry RS rank: 16 out of 60
Stock RS rank: 323 out of 562
6/30/22 close: $19.90
1 Month avg volatility: $0.85. Volatility stop (for downward breakout): $22.09 or 11.0% above the close.
Change YTD: -21.22%
Volume: 571,400 shares. 3 month avg: 739,945 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 05/26/2022 to 06/24/2022
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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RLI Corp (RLI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 7 out of 60
Stock RS rank: 106 out of 562
6/30/22 close: $116.59
1 Month avg volatility: $2.67. Volatility stop (for upward breakout): $107.41 or 7.9% below the close.
Change YTD: 4.01%
Volume: 155,300 shares. 3 month avg: 149,782 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 06/13/2022 to 06/21/2022
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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Selective Insurance Group Inc (SIGI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 7 out of 60
Stock RS rank: 96 out of 562
6/30/22 close: $86.94
1 Month avg volatility: $2.12. Volatility stop (for upward breakout): $79.64 or 8.4% below the close.
Change YTD: 6.10%
Volume: 435,700 shares. 3 month avg: 158,554 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, Eve and Eve reversal pattern from 05/12/2022 to 06/13/2022
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.

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Stratasys Ltd (SSYS)
Industry: Electronics
Industry RS rank: 25 out of 60
Stock RS rank: 317 out of 562
6/30/22 close: $18.74
1 Month avg volatility: $0.89. Volatility stop (for upward breakout): $16.31 or 13.0% below the close.
Change YTD: -23.48%
Volume: 519,200 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: Triangle, symmetrical continuation pattern from 05/04/2022 to 06/30/2022
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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W. R. Berkley Corp (WRB)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 7 out of 60
Stock RS rank: 36 out of 562
6/30/22 close: $68.26
1 Month avg volatility: $1.54. Volatility stop (for upward breakout): $63.22 or 7.4% below the close.
Change YTD: 24.27%
Volume: 1,450,500 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: Double Bottom, Adam and Adam reversal pattern from 06/16/2022 to 06/24/2022
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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Waters Corp (WAT)
Industry: Precision Instrument
Industry RS rank: 23 out of 60
Stock RS rank: 206 out of 562
6/30/22 close: $330.98
1 Month avg volatility: $8.41. Volatility stop (for upward breakout): $307.37 or 7.1% below the close.
Change YTD: -11.17%
Volume: 340,900 shares. 3 month avg: 398,726 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 06/13/2022 to 06/21/2022
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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