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

Patterns for the Weekend Details

Copyright © 2022 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

 

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

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
Accelerate Diagnostics Inc (AXDX)
Industry: Medical Services
Industry RS rank: 13 out of 60
Stock RS rank: 537 out of 560
8/4/22 close: $1.95
1 Month avg volatility: $0.15. Volatility stop (for upward breakout): $1.44 or 26.0% below the close.
Change YTD: -62.64%
Volume: 514,100 shares. 3 month avg: 533,922 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: Flag, high and tight continuation pattern from 06/13/2022 to 08/04/2022
Breakout is upward 100% of the time.
Average rise: 69%.
Throwbacks occur 54% of the time.
Price hits measure rule target 90% of the time.

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AES Corp (AES)
Industry: Electric Utility (East)
Industry RS rank: 7 out of 60
Stock RS rank: 138 out of 560
8/4/22 close: $23.00
1 Month avg volatility: $0.59. Volatility stop (for upward breakout): $21.23 or 7.7% below the close.
Change YTD: -5.35%
Volume: 5,379,300 shares. 3 month avg: 5,494,342 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 05/12/2022 to 07/15/2022
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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Akamai Technologies Inc (AKAM)
Industry: E-Commerce
Industry RS rank: 60 out of 60
Stock RS rank: 422 out of 560
8/4/22 close: $96.21
1 Month avg volatility: $1.89. Volatility stop (for upward breakout): $91.82 or 4.6% below the close.
Change YTD: -17.80%
Volume: 1,009,400 shares. 3 month avg: 2,185,974 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 Adam reversal pattern from 06/14/2022 to 07/14/2022
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.

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Apache Corp. (APA)
Industry: Petroleum (Producing)
Industry RS rank: 1 out of 60
Stock RS rank: 334 out of 560
8/4/22 close: $30.68
1 Month avg volatility: $1.78. Volatility stop (for upward breakout): $26.95 or 12.2% below the close.
Change YTD: 14.09%
Volume: 12,121,100 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 bottom reversal pattern from 07/05/2022 to 07/11/2022
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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Ball Corp (BALL)
Industry: Packaging and Container
Industry RS rank: 43 out of 60
Stock RS rank: 536 out of 560
8/4/22 close: $59.28
1 Month avg volatility: $2.04. Volatility stop (for downward breakout): $71.09 or 19.9% above the close.
Change YTD: -38.42%
Volume: 8,480,500 shares. 3 month avg: 2,433,769 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: Dead-cat bounce continuation pattern from 08/04/2022 to 08/04/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Bio-Rad Laboratories (BIO)
Industry: Medical Supplies
Industry RS rank: 47 out of 60
Stock RS rank: 353 out of 560
8/4/22 close: $538.84
1 Month avg volatility: $15.76. Volatility stop (for upward breakout): $503.09 or 6.6% below the close.
Change YTD: -28.68%
Volume: 100,900 shares. 3 month avg: 180,103 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 05/12/2022 to 07/14/2022
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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BioMarin Pharmaceutical Inc (BMRN)
Industry: Biotechnology
Industry RS rank: 29 out of 60
Stock RS rank: 116 out of 560
8/4/22 close: $92.98
1 Month avg volatility: $2.12. Volatility stop (for upward breakout): $85.39 or 8.2% below the close.
Change YTD: 5.24%
Volume: 2,424,900 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: Double Bottom, Eve and Adam reversal pattern from 07/20/2022 to 08/01/2022
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.

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Cabot Corp. (CBT)
Industry: Chemical (Diversified)
Industry RS rank: 20 out of 60
Stock RS rank: 45 out of 560
8/4/22 close: $73.05
1 Month avg volatility: $1.91. Volatility stop (for upward breakout): $69.04 or 5.5% below the close.
Change YTD: 29.98%
Volume: 209,000 shares. 3 month avg: 325,852 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Three Rising Valleys reversal pattern from 06/17/2022 to 07/14/2022
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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Con Edison, Inc (ED)
Industry: Electric Utility (East)
Industry RS rank: 7 out of 60
Stock RS rank: 63 out of 560
8/4/22 close: $97.43
1 Month avg volatility: $1.65. Volatility stop (for upward breakout): $94.08 or 3.4% below the close.
Change YTD: 14.19%
Volume: 1,809,100 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: Head-and-shoulders bottom reversal pattern from 05/02/2022 to 07/21/2022
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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Crane Co (CR)
Industry: Diversified Co.
Industry RS rank: 48 out of 60
Stock RS rank: 215 out of 560
8/4/22 close: $100.58
1 Month avg volatility: $2.34. Volatility stop (for upward breakout): $93.99 or 6.6% below the close.
Change YTD: -1.13%
Volume: 254,300 shares. 3 month avg: 293,374 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Three Rising Valleys reversal pattern from 06/17/2022 to 07/14/2022
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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Curtiss-Wright (CW)
Industry: Machinery
Industry RS rank: 19 out of 60
Stock RS rank: 77 out of 560
8/4/22 close: $146.03
1 Month avg volatility: $3.25. Volatility stop (for upward breakout): $134.50 or 7.9% below the close.
Change YTD: 5.31%
Volume: 257,000 shares. 3 month avg: 230,622 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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DJ 15 Utilities (^DJU)
Industry: None
Industry RS rank: 42 out of 60
8/4/22 close: $1,021.62
1 Month avg volatility: $14.57. Volatility stop (for downward breakout): $1,061.01 or 3.9% above the close.
Change YTD: 4.16%
Volume: 50,916,000 shares. 3 month avg: 51,995,348 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 08/01/2022 to 08/04/2022
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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Edison International (EIX)
Industry: Electric Utility (West)
Industry RS rank: 4 out of 60
Stock RS rank: 66 out of 560
8/4/22 close: $68.95
1 Month avg volatility: $1.26. Volatility stop (for upward breakout): $66.24 or 3.9% below the close.
Change YTD: 1.03%
Volume: 1,465,000 shares. 3 month avg: 2,498,883 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 06/21/2022 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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FedEx (FDX)
Industry: Air Transport
Industry RS rank: 32 out of 60
Stock RS rank: 240 out of 560
8/4/22 close: $236.10
1 Month avg volatility: $5.22. Volatility stop (for upward breakout): $222.92 or 5.6% below the close.
Change YTD: -8.71%
Volume: 1,065,000 shares. 3 month avg: 1,372,055 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 07/01/2022 to 07/26/2022
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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Five9 Inc (FIVN)
Industry: Computer Software and Svcs
Industry RS rank: 37 out of 60
Stock RS rank: 254 out of 560
8/4/22 close: $115.72
1 Month avg volatility: $5.03. Volatility stop (for upward breakout): $103.16 or 10.9% below the close.
Change YTD: -15.73%
Volume: 867,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 05/25/2022 to 07/13/2022
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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Fortinet Inc (FTNT)
Industry: Computer Software and Svcs
Industry RS rank: 37 out of 60
Stock RS rank: 397 out of 560
8/4/22 close: $52.61
1 Month avg volatility: $2.53. Volatility stop (for downward breakout): $62.01 or 17.9% above the close.
Change YTD: -26.81%
Volume: 19,610,200 shares. 3 month avg: 1,532,971 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triple top reversal pattern from 07/12/2022 to 08/03/2022
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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General Dynamics Corp (GD)
Industry: Aerospace/Defense
Industry RS rank: 6 out of 60
Stock RS rank: 97 out of 560
8/4/22 close: $229.16
1 Month avg volatility: $4.52. Volatility stop (for upward breakout): $219.81 or 4.1% below the close.
Change YTD: 9.92%
Volume: 879,900 shares. 3 month avg: 1,076,035 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 06/17/2022 to 07/14/2022
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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Hurco Companies Inc. (HURC)
Industry: Machinery
Industry RS rank: 19 out of 60
Stock RS rank: 501 out of 560
8/4/22 close: $24.76
1 Month avg volatility: $1.04. Volatility stop (for downward breakout): $26.87 or 8.5% above the close.
Change YTD: -16.63%
Volume: 6,000 shares. 3 month avg: 26,271 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 top reversal pattern from 07/18/2022 to 07/25/2022
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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Infinera Corp. (INFN)
Industry: Telecom. Equipment
Industry RS rank: 54 out of 60
Stock RS rank: 538 out of 560
8/4/22 close: $5.10
1 Month avg volatility: $0.28. Volatility stop (for downward breakout): $5.85 or 14.7% above the close.
Change YTD: -46.87%
Volume: 25,587,000 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: Dead-cat bounce continuation pattern from 08/03/2022 to 08/03/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Jazz Pharmaceuticals, Inc. (JAZZ)
Industry: Biotechnology
Industry RS rank: 29 out of 60
Stock RS rank: 92 out of 560
8/4/22 close: $151.17
1 Month avg volatility: $4.15. Volatility stop (for downward breakout): $167.82 or 11.0% above the close.
Change YTD: 18.66%
Volume: 838,600 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: Double Top, Adam and Adam reversal pattern from 07/07/2022 to 07/28/2022
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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Kforce Inc (KFRC)
Industry: Human Resources
Industry RS rank: 44 out of 60
Stock RS rank: 386 out of 560
8/4/22 close: $58.33
1 Month avg volatility: $2.01. Volatility stop (for upward breakout): $54.26 or 7.0% below the close.
Change YTD: -22.45%
Volume: 128,800 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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Lilly, Eli and Co. (LLY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 18 out of 60
Stock RS rank: 29 out of 560
8/4/22 close: $305.79
1 Month avg volatility: $7.10. Volatility stop (for downward breakout): $324.44 or 6.1% above the close.
Change YTD: 10.71%
Volume: 4,660,400 shares. 3 month avg: 3,358,597 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 07/08/2022 to 07/28/2022
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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MACOM Technology Solutions Holdings (MTSI)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 46 out of 60
Stock RS rank: 155 out of 560
8/4/22 close: $61.52
1 Month avg volatility: $1.80. Volatility stop (for upward breakout): $57.16 or 7.1% below the close.
Change YTD: -21.43%
Volume: 446,700 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 06/16/2022 to 07/13/2022
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.

Top

MGE Energy Inc (MGEE)
Industry: Electric Utility (Central)
Industry RS rank: 5 out of 60
Stock RS rank: 83 out of 560
8/4/22 close: $82.54
1 Month avg volatility: $1.48. Volatility stop (for upward breakout): $78.54 or 4.9% below the close.
Change YTD: 0.35%
Volume: 73,100 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: Double Bottom, Eve and Adam reversal pattern from 06/16/2022 to 07/21/2022
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.

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Miller, Herman (MLKN)
Industry: Furn/Home Furnishings
Industry RS rank: 36 out of 60
Stock RS rank: 440 out of 560
8/4/22 close: $31.20
1 Month avg volatility: $0.91. Volatility stop (for upward breakout): $28.97 or 7.2% below the close.
Change YTD: -20.39%
Volume: 371,200 shares. 3 month avg: 361,806 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 06/27/2022 to 07/05/2022
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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NCR Corporation (NCR)
Industry: IT Services
Industry RS rank: 17 out of 60
Stock RS rank: 332 out of 560
8/4/22 close: $34.08
1 Month avg volatility: $1.27. Volatility stop (for upward breakout): $30.57 or 10.3% below the close.
Change YTD: -15.22%
Volume: 3,598,600 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: Ugly double bottom reversal pattern from 07/14/2022 to 07/26/2022
WARNING: A dead-cat bounce occurred on 04/27/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 10/26/2022.
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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New Jersey Resources Corp (NJR)
Industry: Natural Gas (Distributor)
Industry RS rank: 11 out of 60
Stock RS rank: 47 out of 560
8/4/22 close: $45.76
1 Month avg volatility: $0.89. Volatility stop (for upward breakout): $43.14 or 5.7% below the close.
Change YTD: 11.45%
Volume: 362,000 shares. 3 month avg: 514,131 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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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 40 out of 60
Stock RS rank: 503 out of 560
8/4/22 close: $17.85
1 Month avg volatility: $0.61. Volatility stop (for upward breakout): $16.40 or 8.1% below the close.
Change YTD: -33.45%
Volume: 2,084,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 06/16/2022 to 07/14/2022
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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Oxford Industries (OXM)
Industry: Apparel
Industry RS rank: 55 out of 60
Stock RS rank: 42 out of 560
8/4/22 close: $98.73
1 Month avg volatility: $2.63. Volatility stop (for upward breakout): $91.11 or 7.7% below the close.
Change YTD: -2.75%
Volume: 85,300 shares. 3 month avg: 112,505 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/16/2022 to 07/14/2022
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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PPG Industries Inc (PPG)
Industry: Chemical (Diversified)
Industry RS rank: 20 out of 60
Stock RS rank: 446 out of 560
8/4/22 close: $128.13
1 Month avg volatility: $3.28. Volatility stop (for upward breakout): $120.35 or 6.1% below the close.
Change YTD: -25.70%
Volume: 831,400 shares. 3 month avg: 1,342,054 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.

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PPL Corporation (PPL)
Industry: Electric Utility (East)
Industry RS rank: 7 out of 60
Stock RS rank: 214 out of 560
8/4/22 close: $28.60
1 Month avg volatility: $0.46. Volatility stop (for upward breakout): $27.61 or 3.5% below the close.
Change YTD: -4.86%
Volume: 4,935,500 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: Ugly double bottom reversal pattern from 06/17/2022 to 07/05/2022
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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Prudential Financial Inc (PRU)
Industry: Insurance (Life)
Industry RS rank: 39 out of 60
Stock RS rank: 416 out of 560
8/4/22 close: $95.95
1 Month avg volatility: $2.05. Volatility stop (for upward breakout): $91.82 or 4.3% below the close.
Change YTD: -11.35%
Volume: 2,123,100 shares. 3 month avg: 1,758,845 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/17/2022 to 07/14/2022
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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Rambus Inc (RMBS)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 33 out of 60
Stock RS rank: 115 out of 560
8/4/22 close: $27.07
1 Month avg volatility: $0.69. Volatility stop (for upward breakout): $24.91 or 8.0% below the close.
Change YTD: -7.89%
Volume: 519,200 shares. 3 month avg: 669,732 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Diamond bottom reversal pattern from 06/17/2022 to 07/13/2022
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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Rocky Brands Inc (RCKY)
Industry: Shoe
Industry RS rank: 53 out of 60
Stock RS rank: 527 out of 560
8/4/22 close: $27.53
1 Month avg volatility: $1.63. Volatility stop (for downward breakout): $31.00 or 12.6% above the close.
Change YTD: -30.83%
Volume: 32,900 shares. 3 month avg: 41,775 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: Dead-cat bounce continuation pattern from 08/03/2022 to 08/03/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Synopsys Inc (SNPS)
Industry: Computer Software and Svcs
Industry RS rank: 37 out of 60
Stock RS rank: 38 out of 560
8/4/22 close: $372.29
1 Month avg volatility: $9.13. Volatility stop (for upward breakout): $349.40 or 6.2% below the close.
Change YTD: 1.03%
Volume: 754,000 shares. 3 month avg: 998,728 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 Rising Valleys reversal pattern from 05/12/2022 to 07/14/2022
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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Tapestry Inc (TPR)
Industry: Apparel
Industry RS rank: 55 out of 60
Stock RS rank: 361 out of 560
8/4/22 close: $33.87
1 Month avg volatility: $1.06. Volatility stop (for upward breakout): $31.26 or 7.7% below the close.
Change YTD: -16.58%
Volume: 2,418,700 shares. 3 month avg: 3,145,718 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 07/22/2022 to 08/04/2022
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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Teradyne Inc. (TER)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 33 out of 60
Stock RS rank: 356 out of 560
8/4/22 close: $101.71
1 Month avg volatility: $3.42. Volatility stop (for upward breakout): $94.15 or 7.4% below the close.
Change YTD: -37.80%
Volume: 1,324,600 shares. 3 month avg: 2,362,042 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 06/16/2022 to 07/13/2022
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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United Parcel Service (UPS)
Industry: Air Transport
Industry RS rank: 32 out of 60
Stock RS rank: 414 out of 560
8/4/22 close: $194.52
1 Month avg volatility: $3.82. Volatility stop (for upward breakout): $183.96 or 5.4% below the close.
Change YTD: -9.25%
Volume: 1,622,300 shares. 3 month avg: 2,659,363 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 Rising Valleys reversal pattern from 05/19/2022 to 07/14/2022
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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Wolverine World Wide (WWW)
Industry: Shoe
Industry RS rank: 53 out of 60
Stock RS rank: 366 out of 560
8/4/22 close: $22.93
1 Month avg volatility: $0.77. Volatility stop (for upward breakout): $21.02 or 8.4% below the close.
Change YTD: -20.41%
Volume: 346,400 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 03/29/2022 to 07/21/2022
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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Wordday, Inc (WDAY)
Industry: Computer Software and Svcs
Industry RS rank: 37 out of 60
Stock RS rank: 525 out of 560
8/4/22 close: $162.54
1 Month avg volatility: $4.99. Volatility stop (for upward breakout): $148.15 or 8.9% below the close.
Change YTD: -40.50%
Volume: 1,663,000 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 Adam reversal pattern from 06/23/2022 to 07/13/2022
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.

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Xcel Energy, Inc (XEL)
Industry: Electric Utility (West)
Industry RS rank: 4 out of 60
Stock RS rank: 96 out of 560
8/4/22 close: $74.56
1 Month avg volatility: $1.38. Volatility stop (for upward breakout): $71.42 or 4.2% below the close.
Change YTD: 10.13%
Volume: 2,792,900 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: Ugly double bottom reversal pattern from 06/17/2022 to 07/21/2022
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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