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

44,200 or 41,750 by 01/01/2025

16,700 or 15,500 by 01/15/2025

1,050 or 975 by 01/01/2025

20,500 or 19,300 by 01/01/2025

6,100 or 5,775 by 01/01/2025

Chart Pattern Indicator:

on 12/24/24

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

44,200 or 41,750 by 01/01/2025

16,700 or 15,500 by 01/15/2025

1,050 or 975 by 01/01/2025

20,500 or 19,300 by 01/01/2025

6,100 or 5,775 by 01/01/2025

Chart Pattern Indicator:

on 12/24/24

Patterns for the Weekend Details

Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Definitions

RS is relative strength (where 1 is best). For other definitions, see the glossary.

'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.

All numbers assume a bull market and are based on the breakout direction that occurs most often.

For more information, consult my book, Encyclopedia of Chart Patterns.

Abbott Laboratories (ABT)

Industry: Medical Supplies

Industry RS rank: 42 out of 60

Stock RS rank: 318 out of 562

7/7/22 close: $109.49

1 Month avg volatility: $2.36. Volatility stop (for upward breakout): $103.48 or 5.5% below the close.

Change YTD: -22.20%

Volume: 4,123,800 shares. 3 month avg: 6,008,617 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: 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.

Adobe Systems (ADBE)

Industry: Computer Software and Svcs

Industry RS rank: 34 out of 60

Stock RS rank: 386 out of 562

7/7/22 close: $390.89

1 Month avg volatility: $13.87. Volatility stop (for upward breakout): $354.65 or 9.3% below the close.

Change YTD: -31.07%

Volume: 2,341,400 shares. 3 month avg: 3,137,863 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Ugly double bottom reversal pattern from 06/17/2022 to 06/30/2022

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.

Aerojet Rocketdyne (AJRD)

Industry: Diversified Co.

Industry RS rank: 52 out of 60

Stock RS rank: 224 out of 562

7/7/22 close: $40.67

1 Month avg volatility: $1.06. Volatility stop (for upward breakout): $38.16 or 6.2% below the close.

Change YTD: -13.02%

Volume: 593,500 shares. 3 month avg: 950,497 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.

AFLAC Inc (AFL)

Industry: Insurance (Diversified)

Industry RS rank: 12 out of 60

Stock RS rank: 182 out of 562

7/7/22 close: $56.35

1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $53.84 or 4.5% below the close.

Change YTD: -3.49%

Volume: 2,304,700 shares. 3 month avg: 2,970,194 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: Head-and-shoulders bottom reversal pattern from 05/20/2022 to 07/05/2022

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.

Allstate Corp (ALL)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 7 out of 60

Stock RS rank: 77 out of 562

7/7/22 close: $131.20

1 Month avg volatility: $3.06. Volatility stop (for upward breakout): $124.90 or 4.8% below the close.

Change YTD: 11.52%

Volume: 1,295,800 shares. 3 month avg: 1,838,948 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.

American Electric Power AEP (AEP)

Industry: Electric Utility (Central)

Industry RS rank: 10 out of 60

Stock RS rank: 91 out of 562

7/7/22 close: $94.52

1 Month avg volatility: $2.35. Volatility stop (for upward breakout): $89.71 or 5.1% below the close.

Change YTD: 6.24%

Volume: 2,604,500 shares. 3 month avg: 2,150,485 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.

Apple Inc. (AAPL)

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

Industry RS rank: 60 out of 60

Stock RS rank: 289 out of 562

7/7/22 close: $146.35

1 Month avg volatility: $3.74. Volatility stop (for upward breakout): $135.79 or 7.2% below the close.

Change YTD: -17.58%

Volume: 65,730,500 shares. 3 month avg: 27,687,312 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: Head-and-shoulders bottom reversal pattern from 05/20/2022 to 06/30/2022

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.

Ashland Inc. (ASH)

Industry: Chemical (Basic)

Industry RS rank: 39 out of 60

Stock RS rank: 142 out of 562

7/7/22 close: $103.48

1 Month avg volatility: $3.00. Volatility stop (for upward breakout): $96.87 or 6.4% below the close.

Change YTD: -3.88%

Volume: 296,500 shares. 3 month avg: 610,854 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 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.

Atmos Energy Corp (ATO)

Industry: Natural Gas (Diversified)

Industry RS rank: 4 out of 60

Stock RS rank: 92 out of 562

7/7/22 close: $112.34

1 Month avg volatility: $2.51. Volatility stop (for upward breakout): $107.28 or 4.5% below the close.

Change YTD: 7.23%

Volume: 662,400 shares. 3 month avg: 444,800 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.

Avery Dennison Corp (AVY)

Industry: Packaging and Container

Industry RS rank: 21 out of 60

Stock RS rank: 353 out of 562

7/7/22 close: $167.16

1 Month avg volatility: $4.30. Volatility stop (for upward breakout): $155.18 or 7.2% below the close.

Change YTD: -22.81%

Volume: 390,100 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 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.

Avista (AVA)

Industry: Electric Utility (West)

Industry RS rank: 11 out of 60

Stock RS rank: 134 out of 562

7/7/22 close: $42.61

1 Month avg volatility: $1.18. Volatility stop (for upward breakout): $40.24 or 5.6% below the close.

Change YTD: 0.28%

Volume: 291,600 shares. 3 month avg: 396,820 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.

Azenta Inc (AZTA)

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

Industry RS rank: 59 out of 60

Stock RS rank: 323 out of 562

7/7/22 close: $77.02

1 Month avg volatility: $2.68. Volatility stop (for upward breakout): $69.42 or 9.9% below the close.

Change YTD: -25.30%

Volume: 458,000 shares. 3 month avg: 448,778 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Bottom, Eve and Adam reversal pattern from 06/16/2022 to 07/05/2022

Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

Black Hills Corp (BKH)

Industry: Electric Utility (West)

Industry RS rank: 11 out of 60

Stock RS rank: 128 out of 562

7/7/22 close: $71.28

1 Month avg volatility: $2.01. Volatility stop (for upward breakout): $67.22 or 5.7% below the close.

Change YTD: 1.01%

Volume: 240,700 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: 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.

Brady Corp (BRC)

Industry: Chemical (Diversified)

Industry RS rank: 27 out of 60

Stock RS rank: 251 out of 562

7/7/22 close: $46.61

1 Month avg volatility: $1.08. Volatility stop (for upward breakout): $43.87 or 5.9% below the close.

Change YTD: -13.53%

Volume: 169,900 shares. 3 month avg: 204,463 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 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.

Builders FirstSource, Inc (BLDR)

Industry: Retail Building Supply

Industry RS rank: 44 out of 60

Stock RS rank: 416 out of 562

7/7/22 close: $60.52

1 Month avg volatility: $2.68. Volatility stop (for upward breakout): $53.36 or 11.8% below the close.

Change YTD: -29.39%

Volume: 2,779,600 shares. 3 month avg: 1,257,223 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: 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.

CACI International (CACI)

Industry: IT Services

Industry RS rank: 22 out of 60

Stock RS rank: 104 out of 562

7/7/22 close: $286.88

1 Month avg volatility: $6.92. Volatility stop (for upward breakout): $270.95 or 5.6% below the close.

Change YTD: 6.56%

Volume: 245,800 shares. 3 month avg: 131,971 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 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.

Centerpoint Energy (CNP)

Industry: Electric Utility (Central)

Industry RS rank: 10 out of 60

Stock RS rank: 84 out of 562

7/7/22 close: $29.31

1 Month avg volatility: $0.76. Volatility stop (for upward breakout): $27.76 or 5.3% below the close.

Change YTD: 5.02%

Volume: 2,857,400 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: 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.

Con Edison, Inc (ED)

Industry: Electric Utility (East)

Industry RS rank: 13 out of 60

Stock RS rank: 79 out of 562

7/7/22 close: $92.30

1 Month avg volatility: $2.43. Volatility stop (for upward breakout): $87.17 or 5.6% below the close.

Change YTD: 8.18%

Volume: 1,521,800 shares. 3 month avg: 1,605,666 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.

ConAgra Brands Inc (CAG)

Industry: Food Processing

Industry RS rank: 8 out of 60

Stock RS rank: 110 out of 562

7/7/22 close: $35.20

1 Month avg volatility: $0.72. Volatility stop (for upward breakout): $33.08 or 6.0% below the close.

Change YTD: 3.07%

Volume: 4,043,000 shares. 3 month avg: 3,423,360 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: Triple bottom reversal pattern from 05/20/2022 to 06/17/2022

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.

Costco Wholesale Corp (COST)

Industry: Retail Store

Industry RS rank: 33 out of 60

Stock RS rank: 218 out of 562

7/7/22 close: $494.95

1 Month avg volatility: $11.35. Volatility stop (for upward breakout): $466.51 or 5.8% below the close.

Change YTD: -12.81%

Volume: 2,114,400 shares. 3 month avg: 3,225,345 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: Ugly double bottom reversal pattern from 05/20/2022 to 06/17/2022

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.

CROCS Inc (CROX)

Industry: Shoe

Industry RS rank: 53 out of 60

Stock RS rank: 547 out of 562

7/7/22 close: $58.11

1 Month avg volatility: $3.01. Volatility stop (for upward breakout): $46.65 or 19.7% below the close.

Change YTD: -54.68%

Volume: 2,777,900 shares. 3 month avg: 1,230,068 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, Eve and Adam reversal pattern from 06/16/2022 to 07/01/2022

Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

DJ 15 Utilities (^DJU)

Industry: None

Industry RS rank: 46 out of 60

7/7/22 close: $966.60

1 Month avg volatility: $21.67. Volatility stop (for upward breakout): $922.13 or 4.6% below the close.

Change YTD: -1.45%

Volume: 41,655,500 shares. 3 month avg: 54,612,351 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.

DTE Energy Company (DTE)

Industry: Electric Utility (Central)

Industry RS rank: 10 out of 60

Stock RS rank: 94 out of 562

7/7/22 close: $125.34

1 Month avg volatility: $2.77. Volatility stop (for upward breakout): $119.34 or 4.8% below the close.

Change YTD: 4.85%

Volume: 901,500 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: 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.

Duke Energy Corp (DUK)

Industry: Electric Utility (East)

Industry RS rank: 13 out of 60

Stock RS rank: 109 out of 562

7/7/22 close: $106.83

1 Month avg volatility: $2.53. Volatility stop (for upward breakout): $101.48 or 5.0% below the close.

Change YTD: 1.84%

Volume: 1,913,500 shares. 3 month avg: 2,571,354 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.

Fair Isaac Corp (FICO)

Industry: IT Services

Industry RS rank: 22 out of 60

Stock RS rank: 138 out of 562

7/7/22 close: $423.61

1 Month avg volatility: $12.88. Volatility stop (for upward breakout): $391.38 or 7.6% below the close.

Change YTD: -2.32%

Volume: 127,500 shares. 3 month avg: 162,437 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.

FormFactor Inc. (FORM)

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: 303 out of 562

7/7/22 close: $35.16

1 Month avg volatility: $1.50. Volatility stop (for downward breakout): $38.59 or 9.7% above the close.

Change YTD: -23.10%

Volume: 449,900 shares. 3 month avg: 748,688 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

Chart pattern: Pipe top reversal pattern from 06/21/2022 to 06/27/2022

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.

Harmonic Inc (HLIT)

Industry: Telecom. Equipment

Industry RS rank: 54 out of 60

Stock RS rank: 368 out of 562

7/7/22 close: $8.96

1 Month avg volatility: $0.28. Volatility stop (for upward breakout): $8.05 or 10.2% below the close.

Change YTD: -23.81%

Volume: 440,200 shares. 3 month avg: 585,235 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, Eve and Eve reversal pattern from 06/16/2022 to 07/05/2022

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.

Hawaiian Electric Industries, Inc. (HE)

Industry: Electric Utility (West)

Industry RS rank: 11 out of 60

Stock RS rank: 159 out of 562

7/7/22 close: $40.36

1 Month avg volatility: $1.09. Volatility stop (for upward breakout): $38.03 or 5.8% below the close.

Change YTD: -2.75%

Volume: 297,800 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: 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.

Home Depot, Inc (HD)

Industry: Retail Building Supply

Industry RS rank: 44 out of 60

Stock RS rank: 446 out of 562

7/7/22 close: $286.69

1 Month avg volatility: $7.41. Volatility stop (for upward breakout): $266.64 or 7.0% below the close.

Change YTD: -30.92%

Volume: 3,085,900 shares. 3 month avg: 4,416,295 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Double Bottom, Adam and Eve reversal pattern from 06/22/2022 to 06/30/2022

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.

Hunt, J.B. (JBHT)

Industry: Trucking/Transp. Leasing

Industry RS rank: 43 out of 60

Stock RS rank: 311 out of 562

7/7/22 close: $166.20

1 Month avg volatility: $4.49. Volatility stop (for upward breakout): $152.92 or 8.0% below the close.

Change YTD: -18.69%

Volume: 639,600 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: Double Bottom, Eve and Adam reversal pattern from 06/17/2022 to 06/30/2022

Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

Illumina Inc (ILMN)

Industry: Biotechnology

Industry RS rank: 18 out of 60

Stock RS rank: 535 out of 562

7/7/22 close: $202.20

1 Month avg volatility: $8.59. Volatility stop (for upward breakout): $176.55 or 12.7% below the close.

Change YTD: -46.85%

Volume: 982,800 shares. 3 month avg: 726,254 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Bottom, Eve and Eve reversal pattern from 06/22/2022 to 06/30/2022

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.

Incyte Corp. (INCY)

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

Industry RS rank: 14 out of 60

Stock RS rank: 53 out of 562

7/7/22 close: $80.78

1 Month avg volatility: $2.07. Volatility stop (for upward breakout): $75.25 or 6.9% below the close.

Change YTD: 10.05%

Volume: 1,429,300 shares. 3 month avg: 1,771,434 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: Ugly double bottom reversal pattern from 06/14/2022 to 06/30/2022

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.

Infinera Corp. (INFN)

Industry: Telecom. Equipment

Industry RS rank: 54 out of 60

Stock RS rank: 511 out of 562

7/7/22 close: $5.78

1 Month avg volatility: $0.25. Volatility stop (for upward breakout): $4.98 or 13.9% below the close.

Change YTD: -39.73%

Volume: 1,097,500 shares. 3 month avg: 1,624,214 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.

Chart pattern: Head-and-shoulders bottom reversal pattern from 05/25/2022 to 07/05/2022

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.

Insperity (NSP)

Industry: Human Resources

Industry RS rank: 26 out of 60

Stock RS rank: 206 out of 562

7/7/22 close: $103.17

1 Month avg volatility: $2.47. Volatility stop (for upward breakout): $97.06 or 5.9% below the close.

Change YTD: -12.65%

Volume: 97,100 shares. 3 month avg: 131,942 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.

Jack Henry and Associates (JKHY)

Industry: IT Services

Industry RS rank: 22 out of 60

Stock RS rank: 82 out of 562

7/7/22 close: $186.01

1 Month avg volatility: $3.55. Volatility stop (for upward breakout): $177.53 or 4.6% below the close.

Change YTD: 11.39%

Volume: 305,300 shares. 3 month avg: 543,437 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.

Chart pattern: Pipe bottom reversal pattern from 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.

Kelly Services A (KELYA)

Industry: Human Resources

Industry RS rank: 26 out of 60

Stock RS rank: 78 out of 562

7/7/22 close: $19.69

1 Month avg volatility: $0.73. Volatility stop (for upward breakout): $17.88 or 9.2% below the close.

Change YTD: 17.41%

Volume: 82,900 shares. 3 month avg: 173,600 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 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.

Kohls Corporation (KSS)

Industry: Retail Store

Industry RS rank: 33 out of 60

Stock RS rank: 525 out of 562

7/7/22 close: $28.26

1 Month avg volatility: $2.26. Volatility stop (for downward breakout): $33.26 or 17.7% above the close.

Change YTD: -42.78%

Volume: 6,943,000 shares. 3 month avg: 4,163,043 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: Dead-cat bounce continuation pattern from 07/01/2022 to 07/01/2022

Breakout is downward 67% of the time.
Average decline: 18%.

Leidos Holdings Inc (LDOS)

Industry: IT Services

Industry RS rank: 22 out of 60

Stock RS rank: 68 out of 562

7/7/22 close: $101.52

1 Month avg volatility: $2.54. Volatility stop (for upward breakout): $96.09 or 5.4% below the close.

Change YTD: 14.20%

Volume: 538,300 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.

Lennar Corp. Cl A (LEN)

Industry: Homebuilding

Industry RS rank: 58 out of 60

Stock RS rank: 450 out of 562

7/7/22 close: $77.70

1 Month avg volatility: $3.04. Volatility stop (for upward breakout): $69.88 or 10.1% below the close.

Change YTD: -33.11%

Volume: 2,233,600 shares. 3 month avg: 3,465,638 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 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.

M/I Homes, Inc. (MHO)

Industry: Homebuilding

Industry RS rank: 58 out of 60

Stock RS rank: 427 out of 562

7/7/22 close: $42.97

1 Month avg volatility: $1.93. Volatility stop (for upward breakout): $38.69 or 10.0% below the close.

Change YTD: -30.89%

Volume: 208,600 shares. 3 month avg: 297,328 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 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.

Mandiant Inc (MNDT)

Industry: Computer Software and Svcs

Industry RS rank: 34 out of 60

Stock RS rank: 15 out of 562

7/7/22 close: $22.12

1 Month avg volatility: $0.25. Volatility stop (for upward breakout): $21.44 or 3.1% below the close.

Change YTD: 26.11%

Volume: 3,203,600 shares. 3 month avg: 3,815,435 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Broadening top, right-angled and descending continuation pattern from 04/21/2022 to 07/07/2022

Breakout is upward 51% of the time.
Average rise: 28%.
Break-even failure rate: 19%.
Throwbacks occur 52% of the time.
Price hits measure rule target 63% of the time.

Manpower Inc. (MAN)

Industry: Human Resources

Industry RS rank: 26 out of 60

Stock RS rank: 335 out of 562

7/7/22 close: $80.67

1 Month avg volatility: $2.63. Volatility stop (for upward breakout): $73.71 or 8.6% below the close.

Change YTD: -17.12%

Volume: 421,300 shares. 3 month avg: 353,946 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

Chart pattern: Double Bottom, Eve and Eve reversal pattern from 06/16/2022 to 06/30/2022

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.

Marchex, Inc (MCHX)

Industry: Advertising

Industry RS rank: 40 out of 60

Stock RS rank: 510 out of 562

7/7/22 close: $1.61

1 Month avg volatility: $0.12. Volatility stop (for upward breakout): $1.25 or 22.4% below the close.

Change YTD: -35.08%

Volume: 74,800 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: Triple bottom reversal pattern from 06/17/2022 to 07/01/2022

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.

MDC Holdings Inc. (MDC)

Industry: Homebuilding

Industry RS rank: 58 out of 60

Stock RS rank: 497 out of 562

7/7/22 close: $34.79

1 Month avg volatility: $1.42. Volatility stop (for upward breakout): $31.08 or 10.7% below the close.

Change YTD: -37.69%

Volume: 508,200 shares. 3 month avg: 498,709 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 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.

Meta (Facebook) (META)

Industry: E-Commerce

Industry RS rank: 50 out of 60

Stock RS rank: 538 out of 562

7/7/22 close: $172.19

1 Month avg volatility: $7.51. Volatility stop (for upward breakout): $152.75 or 11.3% below the close.

Change YTD: -48.81%

Volume: 23,894,800 shares. 3 month avg: 16,363,594 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.

Chart pattern: Double Bottom, Eve and Adam reversal pattern from 06/23/2022 to 07/01/2022

WARNING: A dead-cat bounce occurred on 02/03/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/04/2022.
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

MGE Energy Inc (MGEE)

Industry: Electric Utility (Central)

Industry RS rank: 10 out of 60

Stock RS rank: 170 out of 562

7/7/22 close: $76.83

1 Month avg volatility: $1.86. Volatility stop (for upward breakout): $72.92 or 5.1% below the close.

Change YTD: -6.59%

Volume: 78,600 shares. 3 month avg: 83,160 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 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.

Moodys Corp (MCO)

Industry: Information Services

Industry RS rank: 32 out of 60

Stock RS rank: 391 out of 562

7/7/22 close: $284.94

1 Month avg volatility: $6.56. Volatility stop (for upward breakout): $267.01 or 6.3% below the close.

Change YTD: -27.05%

Volume: 766,900 shares. 3 month avg: 714,397 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

Chart pattern: Pipe bottom reversal pattern from 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.

Netgear Inc. (NTGR)

Industry: Telecom. Equipment

Industry RS rank: 54 out of 60

Stock RS rank: 494 out of 562

7/7/22 close: $19.77

1 Month avg volatility: $0.65. Volatility stop (for upward breakout): $17.49 or 11.6% below the close.

Change YTD: -32.32%

Volume: 344,100 shares. 3 month avg: 452,812 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: Head-and-shoulders bottom reversal pattern from 05/20/2022 to 07/05/2022

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.

NextEra Energy Inc (NEE)

Industry: Electric Utility (East)

Industry RS rank: 13 out of 60

Stock RS rank: 220 out of 562

7/7/22 close: $80.38

1 Month avg volatility: $2.11. Volatility stop (for upward breakout): $75.59 or 6.0% below the close.

Change YTD: -13.90%

Volume: 5,464,300 shares. 3 month avg: 1,582,705 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.

Nisource Inc. (NI)

Industry: Electric Utility (Central)

Industry RS rank: 10 out of 60

Stock RS rank: 114 out of 562

7/7/22 close: $28.50

1 Month avg volatility: $0.77. Volatility stop (for upward breakout): $26.93 or 5.5% below the close.

Change YTD: 3.22%

Volume: 5,754,800 shares. 3 month avg: 2,389,146 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.

OGE Energy Corp (OGE)

Industry: Electric Utility (Central)

Industry RS rank: 10 out of 60

Stock RS rank: 120 out of 562

7/7/22 close: $38.49

1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $36.50 or 5.2% below the close.

Change YTD: 0.29%

Volume: 1,736,300 shares. 3 month avg: 1,006,480 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: 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.

Old Republic International Corp (ORI)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 7 out of 60

Stock RS rank: 194 out of 562

7/7/22 close: $22.70

1 Month avg volatility: $0.49. Volatility stop (for upward breakout): $21.69 or 4.4% below the close.

Change YTD: -7.65%

Volume: 1,699,300 shares. 3 month avg: 1,253,378 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 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.

PG and E (PCG)

Industry: Electric Utility (West)

Industry RS rank: 11 out of 60

Stock RS rank: 265 out of 562

7/7/22 close: $10.19

1 Month avg volatility: $0.38. Volatility stop (for downward breakout): $11.01 or 8.0% above the close.

Change YTD: -16.06%

Volume: 13,338,100 shares. 3 month avg: 5,870,049 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 top reversal pattern from 04/25/2022 to 05/02/2022

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.

Pinnacle West Capital Corp (PNW)

Industry: Electric Utility (West)

Industry RS rank: 11 out of 60

Stock RS rank: 119 out of 562

7/7/22 close: $71.32

1 Month avg volatility: $2.12. Volatility stop (for upward breakout): $66.72 or 6.5% below the close.

Change YTD: 1.03%

Volume: 578,300 shares. 3 month avg: 665,203 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.

Portland General Electric Co. (POR)

Industry: Electric Utility (West)

Industry RS rank: 11 out of 60

Stock RS rank: 198 out of 562

7/7/22 close: $48.78

1 Month avg volatility: $1.34. Volatility stop (for upward breakout): $45.81 or 6.1% below the close.

Change YTD: -7.82%

Volume: 781,400 shares. 3 month avg: 771,474 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.

PPL Corporation (PPL)

Industry: Electric Utility (East)

Industry RS rank: 13 out of 60

Stock RS rank: 214 out of 562

7/7/22 close: $27.25

1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $25.77 or 5.4% below the close.

Change YTD: -9.35%

Volume: 5,399,500 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: 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.

Procter and Gamble Co (PG)

Industry: Household Products

Industry RS rank: 17 out of 60

Stock RS rank: 228 out of 562

7/7/22 close: $146.00

1 Month avg volatility: $3.24. Volatility stop (for upward breakout): $138.11 or 5.4% below the close.

Change YTD: -10.75%

Volume: 6,618,600 shares. 3 month avg: 7,163,346 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.

Progressive Corp (PGR)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 7 out of 60

Stock RS rank: 46 out of 562

7/7/22 close: $120.62

1 Month avg volatility: $2.95. Volatility stop (for upward breakout): $114.16 or 5.4% below the close.

Change YTD: 17.51%

Volume: 3,006,900 shares. 3 month avg: 3,017,600 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 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.

Public Service Enterprise Group PEG (PEG)

Industry: Electric Utility (East)

Industry RS rank: 13 out of 60

Stock RS rank: 169 out of 562

7/7/22 close: $62.80

1 Month avg volatility: $1.42. Volatility stop (for upward breakout): $59.85 or 4.7% below the close.

Change YTD: -5.89%

Volume: 2,185,000 shares. 3 month avg: 3,334,326 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 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.

Pulte Homes Inc. (PHM)

Industry: Homebuilding

Industry RS rank: 58 out of 60

Stock RS rank: 361 out of 562

7/7/22 close: $43.58

1 Month avg volatility: $1.69. Volatility stop (for upward breakout): $39.22 or 10.0% below the close.

Change YTD: -23.76%

Volume: 1,924,600 shares. 3 month avg: 4,812,565 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

Chart pattern: 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.

Reinsurance Group of America (RGA)

Industry: Insurance (Life)

Industry RS rank: 15 out of 60

Stock RS rank: 112 out of 562

7/7/22 close: $114.98

1 Month avg volatility: $2.99. Volatility stop (for upward breakout): $108.95 or 5.2% below the close.

Change YTD: 5.01%

Volume: 311,500 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: 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.

Robert Half International (RHI)

Industry: Human Resources

Industry RS rank: 26 out of 60

Stock RS rank: 434 out of 562

7/7/22 close: $79.80

1 Month avg volatility: $2.52. Volatility stop (for upward breakout): $72.99 or 8.5% below the close.

Change YTD: -28.44%

Volume: 813,400 shares. 3 month avg: 1,012,069 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 06/23/2022 to 06/30/2022

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.

Sempra Energy (SRE)

Industry: Electric Utility (West)

Industry RS rank: 11 out of 60

Stock RS rank: 75 out of 562

7/7/22 close: $147.68

1 Month avg volatility: $3.73. Volatility stop (for upward breakout): $139.86 or 5.3% below the close.

Change YTD: 11.64%

Volume: 960,500 shares. 3 month avg: 1,356,452 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.

Southern Company (SO)

Industry: Electric Utility (East)

Industry RS rank: 13 out of 60

Stock RS rank: 100 out of 562

7/7/22 close: $71.29

1 Month avg volatility: $1.61. Volatility stop (for upward breakout): $67.90 or 4.8% below the close.

Change YTD: 3.95%

Volume: 2,607,100 shares. 3 month avg: 4,514,520 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: 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.

Toll Brothers (TOL)

Industry: Homebuilding

Industry RS rank: 58 out of 60

Stock RS rank: 474 out of 562

7/7/22 close: $47.35

1 Month avg volatility: $1.84. Volatility stop (for upward breakout): $42.57 or 10.1% below the close.

Change YTD: -34.59%

Volume: 1,264,300 shares. 3 month avg: 2,237,614 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

Chart pattern: 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.

Verisign (VRSN)

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

Industry RS rank: 47 out of 60

Stock RS rank: 418 out of 562

7/7/22 close: $178.62

1 Month avg volatility: $4.83. Volatility stop (for upward breakout): $164.45 or 7.9% below the close.

Change YTD: -29.63%

Volume: 507,600 shares. 3 month avg: 871,351 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 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.

Wolverine World Wide (WWW)

Industry: Shoe

Industry RS rank: 53 out of 60

Stock RS rank: 399 out of 562

7/7/22 close: $20.76

1 Month avg volatility: $0.89. Volatility stop (for upward breakout): $18.25 or 12.1% below the close.

Change YTD: -27.94%

Volume: 383,100 shares. 3 month avg: 772,149 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.

Chart pattern: Triangle, symmetrical continuation pattern from 05/11/2022 to 07/07/2022

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.

Xcel Energy, Inc (XEL)

Industry: Electric Utility (West)

Industry RS rank: 11 out of 60

Stock RS rank: 129 out of 562

7/7/22 close: $69.58

1 Month avg volatility: $1.86. Volatility stop (for upward breakout): $65.51 or 5.9% below the close.

Change YTD: 2.78%

Volume: 6,116,600 shares. 3 month avg: 3,202,808 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: 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.

iShares US Medical devices index fund (IHI)

Industry: Medical Supplies

Industry RS rank: 42 out of 60

Stock RS rank: 313 out of 562

7/7/22 close: $51.73

1 Month avg volatility: $1.02. Volatility stop (for upward breakout): $49.13 or 5.0% below the close.

Change YTD: -21.44%

Volume: 545,900 shares. 3 month avg: 82,220 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: 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.

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

My Stock Market Books

Invest for Two-Comma Wealth

Chart Patterns: After the Buy

Encyclopedia of Chart Pattern, 3rd Edition

Fundamental Analysis and Position Trading

Getting Started in Chart Patterns, 2nd Edition

Swing and Day Trading

My Novels

Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.

Some pattern names are registered trademarks of their respective owners.

Home Advertise Contact Privacy/Disclaimer ☰