As of 11/22/2024
  Indus: 44,297 +426.16 +1.0%  
  Trans: 17,367 +194.86 +1.1%  
  Utils: 1,067 -8.74 -0.8%  
  Nasdaq: 19,004 +31.23 +0.2%  
  S&P 500: 5,969 +20.63 +0.3%  
YTD
 +17.5%  
 +9.2%  
 +21.0%  
 +26.6%  
 +25.1%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,200 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 or 5,800 by 12/01/2024
As of 11/22/2024
  Indus: 44,297 +426.16 +1.0%  
  Trans: 17,367 +194.86 +1.1%  
  Utils: 1,067 -8.74 -0.8%  
  Nasdaq: 19,004 +31.23 +0.2%  
  S&P 500: 5,969 +20.63 +0.3%  
YTD
 +17.5%  
 +9.2%  
 +21.0%  
 +26.6%  
 +25.1%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,200 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 or 5,800 by 12/01/2024

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.
 
Akamai Technologies Inc (AKAM)
Industry: E-Commerce
Industry RS rank: 49 out of 60
Stock RS rank: 348 out of 560
8/18/22 close: $96.80
1 Month avg volatility: $2.26. Volatility stop (for upward breakout): $91.07 or 5.9% below the close.
Change YTD: -17.29%
Volume: 831,800 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: Ugly double bottom reversal pattern from 07/14/2022 to 08/10/2022
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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Arch Capital Group Ltd (ACGL)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 18 out of 60
Stock RS rank: 215 out of 560
8/18/22 close: $47.83
1 Month avg volatility: $0.77. Volatility stop (for upward breakout): $45.97 or 3.9% below the close.
Change YTD: 7.60%
Volume: 669,500 shares. 3 month avg: 517,168 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: 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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Balchem Corp (BCPC)
Industry: Chemical (Specialty)
Industry RS rank: 35 out of 60
Stock RS rank: 238 out of 560
8/18/22 close: $138.16
1 Month avg volatility: $2.75. Volatility stop (for upward breakout): $130.33 or 5.7% below the close.
Change YTD: -18.05%
Volume: 76,500 shares. 3 month avg: 82,003 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: Pipe bottom reversal pattern from 08/01/2022 to 08/08/2022
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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Chevron Corp (CVX)
Industry: Petroleum (Integrated)
Industry RS rank: 3 out of 60
Stock RS rank: 58 out of 560
8/18/22 close: $159.02
1 Month avg volatility: $3.87. Volatility stop (for upward breakout): $149.36 or 6.1% below the close.
Change YTD: 35.51%
Volume: 6,440,300 shares. 3 month avg: 5,172,805 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 07/29/2022 to 08/18/2022
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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Cisco Systems, Inc. (CSCO)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 55 out of 60
Stock RS rank: 359 out of 560
8/18/22 close: $49.37
1 Month avg volatility: $0.73. Volatility stop (for upward breakout): $47.66 or 3.5% below the close.
Change YTD: -22.09%
Volume: 39,906,600 shares. 3 month avg: 19,682,477 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: Big W reversal pattern from 05/19/2022 to 07/05/2022
Breakout is upward 71% of the time.
Average rise: 31%.
Break-even failure rate: 11%.
Throwbacks occur 32% of the time.
Price hits measure rule target 42% of the time.

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Cleveland-Cliffs Inc (CLF)
Industry: Metals and Mining (Div.)
Industry RS rank: 31 out of 60
Stock RS rank: 337 out of 560
8/18/22 close: $18.45
1 Month avg volatility: $0.77. Volatility stop (for downward breakout): $20.32 or 10.2% above the close.
Change YTD: -15.25%
Volume: 8,734,900 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: Rising wedge reversal pattern from 07/07/2022 to 08/04/2022
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price hits measure rule target 46% of the time.

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CNA Financial Corp (CNA)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 18 out of 60
Stock RS rank: 408 out of 560
8/18/22 close: $42.31
1 Month avg volatility: $0.79. Volatility stop (for upward breakout): $40.44 or 4.4% below the close.
Change YTD: -4.02%
Volume: 104,100 shares. 3 month avg: 204,923 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 08/01/2022 to 08/08/2022
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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Colgate-Palmolive Co (CL)
Industry: Household Products
Industry RS rank: 15 out of 60
Stock RS rank: 161 out of 560
8/18/22 close: $82.85
1 Month avg volatility: $1.27. Volatility stop (for upward breakout): $79.19 or 4.4% below the close.
Change YTD: -2.92%
Volume: 2,633,400 shares. 3 month avg: 3,441,685 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: Three Rising Valleys reversal pattern from 06/16/2022 to 08/11/2022
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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Dentsply Sirona Inc. (XRAY)
Industry: Medical Supplies
Industry RS rank: 57 out of 60
Stock RS rank: 538 out of 560
8/18/22 close: $36.36
1 Month avg volatility: $0.82. Volatility stop (for upward breakout): $33.93 or 6.7% below the close.
Change YTD: -34.83%
Volume: 2,439,300 shares. 3 month avg: 2,503,563 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: Big W reversal pattern from 06/16/2022 to 07/14/2022
Breakout is upward 71% of the time.
Average rise: 31%.
Break-even failure rate: 11%.
Throwbacks occur 32% of the time.
Price hits measure rule target 42% of the time.

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FMC Corp. (FMC)
Industry: Chemical (Basic)
Industry RS rank: 45 out of 60
Stock RS rank: 300 out of 560
8/18/22 close: $112.89
1 Month avg volatility: $2.25. Volatility stop (for upward breakout): $107.79 or 4.5% below the close.
Change YTD: 2.73%
Volume: 414,600 shares. 3 month avg: 1,151,138 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 07/14/2022 to 08/05/2022
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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Gap Inc. (GPS)
Industry: Apparel
Industry RS rank: 51 out of 60
Stock RS rank: 521 out of 560
8/18/22 close: $10.87
1 Month avg volatility: $0.47. Volatility stop (for upward breakout): $9.62 or 11.5% below the close.
Change YTD: -38.41%
Volume: 7,615,900 shares. 3 month avg: 5,662,882 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: Head-and-shoulders bottom reversal pattern from 06/23/2022 to 07/26/2022
WARNING: A dead-cat bounce occurred on 04/22/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 10/21/2022.
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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Hanover Insurance Group, The (THG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 18 out of 60
Stock RS rank: 256 out of 560
8/18/22 close: $137.74
1 Month avg volatility: $2.82. Volatility stop (for upward breakout): $130.97 or 4.9% below the close.
Change YTD: 5.10%
Volume: 54,600 shares. 3 month avg: 201,215 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 08/01/2022 to 08/08/2022
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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HNI (HON Industries) (HNI)
Industry: Furn/Home Furnishings
Industry RS rank: 32 out of 60
Stock RS rank: 442 out of 560
8/18/22 close: $36.30
1 Month avg volatility: $0.86. Volatility stop (for upward breakout): $34.10 or 6.1% below the close.
Change YTD: -13.67%
Volume: 109,900 shares. 3 month avg: 239,735 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 08/01/2022 to 08/08/2022
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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Horton, D.R. Inc. (DHI)
Industry: Homebuilding
Industry RS rank: 58 out of 60
Stock RS rank: 368 out of 560
8/18/22 close: $76.83
1 Month avg volatility: $2.52. Volatility stop (for downward breakout): $82.13 or 6.9% above the close.
Change YTD: -29.16%
Volume: 1,553,400 shares. 3 month avg: 4,390,840 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Rising wedge reversal pattern from 07/21/2022 to 08/18/2022
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price hits measure rule target 46% of the time.

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Intrepid Potash Inc (IPI)
Industry: Chemical (Diversified)
Industry RS rank: 14 out of 60
Stock RS rank: 227 out of 560
8/18/22 close: $44.97
1 Month avg volatility: $2.33. Volatility stop (for upward breakout): $39.28 or 12.7% below the close.
Change YTD: 5.24%
Volume: 231,500 shares. 3 month avg: 1,190,495 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: Triangle, ascending reversal pattern from 07/29/2022 to 08/18/2022
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

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Marchex, Inc (MCHX)
Industry: Advertising
Industry RS rank: 52 out of 60
Stock RS rank: 167 out of 560
8/18/22 close: $2.22
1 Month avg volatility: $0.14. Volatility stop (for upward breakout): $1.90 or 14.5% below the close.
Change YTD: -10.48%
Volume: 47,600 shares. 3 month avg: 97,160 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 08/01/2022 to 08/08/2022
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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Newell Brands Inc (NWL)
Industry: Household Products
Industry RS rank: 15 out of 60
Stock RS rank: 457 out of 560
8/18/22 close: $21.15
1 Month avg volatility: $0.54. Volatility stop (for upward breakout): $19.77 or 6.5% below the close.
Change YTD: -3.16%
Volume: 1,078,400 shares. 3 month avg: 7,205,206 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: Head-and-shoulders bottom reversal pattern from 05/24/2022 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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Nordstrom Inc (JWN)
Industry: Retail Store
Industry RS rank: 13 out of 60
Stock RS rank: 139 out of 560
8/18/22 close: $24.54
1 Month avg volatility: $1.20. Volatility stop (for upward breakout): $21.79 or 11.2% below the close.
Change YTD: 8.49%
Volume: 5,433,300 shares. 3 month avg: 7,052,766 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 07/14/2022 to 07/26/2022
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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Northrop Grumman Corp (NOC)
Industry: Aerospace/Defense
Industry RS rank: 10 out of 60
Stock RS rank: 29 out of 560
8/18/22 close: $492.88
1 Month avg volatility: $11.30. Volatility stop (for upward breakout): $467.83 or 5.1% below the close.
Change YTD: 27.34%
Volume: 591,400 shares. 3 month avg: 756,831 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 07/28/2022 to 08/08/2022
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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OGE Energy Corp (OGE)
Industry: Electric Utility (Central)
Industry RS rank: 4 out of 60
Stock RS rank: 50 out of 560
8/18/22 close: $42.72
1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $41.15 or 3.7% below the close.
Change YTD: 11.31%
Volume: 782,100 shares. 3 month avg: 1,006,480 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: Head-and-shoulders complex bottom reversal pattern from 05/02/2022 to 07/21/2022
Breakout is upward 100% of the time.
Average rise: 39%.
Break-even failure rate: 4%.
Throwbacks occur 63% of the time.
Price hits measure rule target 74% of the time.

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Old Republic International Corp (ORI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 18 out of 60
Stock RS rank: 389 out of 560
8/18/22 close: $23.77
1 Month avg volatility: $0.34. Volatility stop (for upward breakout): $22.83 or 3.9% below the close.
Change YTD: -3.30%
Volume: 1,017,700 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: Three Rising Valleys reversal pattern from 06/17/2022 to 08/05/2022
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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Packaging Corp of America (PKG)
Industry: Packaging and Container
Industry RS rank: 37 out of 60
Stock RS rank: 262 out of 560
8/18/22 close: $145.14
1 Month avg volatility: $2.72. Volatility stop (for upward breakout): $137.62 or 5.2% below the close.
Change YTD: 6.60%
Volume: 440,800 shares. 3 month avg: 777,560 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: Triple bottom reversal pattern from 06/23/2022 to 08/05/2022
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Patterson Companies Inc. (PDCO)
Industry: Medical Supplies
Industry RS rank: 57 out of 60
Stock RS rank: 270 out of 560
8/18/22 close: $29.62
1 Month avg volatility: $0.62. Volatility stop (for downward breakout): $31.03 or 4.8% above the close.
Change YTD: 0.92%
Volume: 629,600 shares. 3 month avg: 1,885,975 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Broadening top reversal pattern from 07/20/2022 to 08/18/2022
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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Qualcomm Inc. (QCOM)
Industry: Telecom. Equipment
Industry RS rank: 50 out of 60
Stock RS rank: 397 out of 560
8/18/22 close: $151.38
1 Month avg volatility: $4.35. Volatility stop (for upward breakout): $139.05 or 8.1% below the close.
Change YTD: -17.22%
Volume: 7,797,800 shares. 3 month avg: 12,234,022 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 07/29/2022 to 08/09/2022
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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Regis Corp (RGS)
Industry: Toiletries/Cosmetics
Industry RS rank: 59 out of 60
Stock RS rank: 509 out of 560
8/18/22 close: $1.38
1 Month avg volatility: $0.11. Volatility stop (for upward breakout): $1.07 or 22.2% below the close.
Change YTD: -20.69%
Volume: 1,017,000 shares. 3 month avg: 193,511 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: Flag, high and tight continuation pattern from 08/09/2022 to 08/17/2022
WARNING: A dead-cat bounce occurred on 05/10/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/08/2022.
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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RingCentral Inc (RNG)
Industry: Computer Software and Svcs
Industry RS rank: 41 out of 60
Stock RS rank: 560 out of 560
8/18/22 close: $47.78
1 Month avg volatility: $3.30. Volatility stop (for downward breakout): $54.69 or 14.5% above the close.
Change YTD: -74.50%
Volume: 2,160,600 shares. 3 month avg: 1,339,514 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, descending reversal pattern from 06/14/2022 to 08/17/2022
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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RLI Corp (RLI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 18 out of 60
Stock RS rank: 52 out of 560
8/18/22 close: $119.74
1 Month avg volatility: $2.44. Volatility stop (for upward breakout): $113.32 or 5.4% below the close.
Change YTD: 6.82%
Volume: 85,200 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: Double Bottom, Eve and Adam reversal pattern from 06/22/2022 to 08/05/2022
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.

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SEI Investments Co (SEIC)
Industry: IT Services
Industry RS rank: 16 out of 60
Stock RS rank: 275 out of 560
8/18/22 close: $58.53
1 Month avg volatility: $1.07. Volatility stop (for downward breakout): $60.73 or 3.8% above the close.
Change YTD: -3.95%
Volume: 414,400 shares. 3 month avg: 522,352 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: Rising wedge reversal pattern from 07/08/2022 to 08/09/2022
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price hits measure rule target 46% of the time.

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Southern Company (SO)
Industry: Electric Utility (East)
Industry RS rank: 6 out of 60
Stock RS rank: 36 out of 560
8/18/22 close: $79.72
1 Month avg volatility: $1.22. Volatility stop (for upward breakout): $76.77 or 3.7% below the close.
Change YTD: 16.24%
Volume: 2,865,000 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: Triangle, symmetrical continuation pattern from 07/01/2022 to 07/22/2022
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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U.S Silica Holdings Inc (SLCA)
Industry: Metals and Mining (Div.)
Industry RS rank: 31 out of 60
Stock RS rank: 7 out of 560
8/18/22 close: $15.71
1 Month avg volatility: $0.83. Volatility stop (for upward breakout): $13.74 or 12.5% below the close.
Change YTD: 67.13%
Volume: 1,128,400 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Head-and-shoulders complex bottom reversal pattern from 06/23/2022 to 07/21/2022
Breakout is upward 100% of the time.
Average rise: 39%.
Break-even failure rate: 4%.
Throwbacks occur 63% of the time.
Price hits measure rule target 74% of the time.

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Wolfspeed (WOLF)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 53 out of 60
Stock RS rank: 152 out of 560
8/18/22 close: $112.94
1 Month avg volatility: $4.40. Volatility stop (for upward breakout): $94.78 or 16.1% below the close.
Change YTD: 1.05%
Volume: 14,962,400 shares. 3 month avg: 2,005,123 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: Flag, high and tight continuation pattern from 06/16/2022 to 08/18/2022
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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Zebra Technologies Corp (ZBRA)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 55 out of 60
Stock RS rank: 471 out of 560
8/18/22 close: $342.38
1 Month avg volatility: $11.20. Volatility stop (for upward breakout): $316.79 or 7.5% below the close.
Change YTD: -42.48%
Volume: 201,100 shares. 3 month avg: 395,197 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 08/03/2022 to 08/09/2022
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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