As of 04/18/2024
  Indus: 37,775 +22.07 +0.1%  
  Trans: 14,947 -39.62 -0.3%  
  Utils: 860 +6.95 +0.8%  
  Nasdaq: 15,602 -81.87 -0.5%  
  S&P 500: 5,011 -11.09 -0.2%  
YTD
 +0.2%  
-6.0%  
-2.4%  
 +3.9%  
 +5.1%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024
As of 04/18/2024
  Indus: 37,775 +22.07 +0.1%  
  Trans: 14,947 -39.62 -0.3%  
  Utils: 860 +6.95 +0.8%  
  Nasdaq: 15,602 -81.87 -0.5%  
  S&P 500: 5,011 -11.09 -0.2%  
YTD
 +0.2%  
-6.0%  
-2.4%  
 +3.9%  
 +5.1%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024

Patterns for the Weekend Details

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

 

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

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
Abbott Laboratories (ABT)
Industry: Medical Supplies
Industry RS rank: 53 out of 60
Stock RS rank: 319 out of 560
9/1/22 close: $104.84
1 Month avg volatility: $1.61. Volatility stop (for downward breakout): $108.13 or 3.1% above the close.
Change YTD: -25.51%
Volume: 4,397,300 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: Double Top, Adam and Eve reversal pattern from 07/22/2022 to 08/16/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Advanced Energy (AEIS)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 56 out of 60
Stock RS rank: 172 out of 560
9/1/22 close: $87.11
1 Month avg volatility: $2.96. Volatility stop (for downward breakout): $94.21 or 8.2% above the close.
Change YTD: -4.34%
Volume: 188,500 shares. 3 month avg: 447,252 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: Triple top reversal pattern from 08/04/2022 to 08/26/2022
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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Alarm.com Holdings inc (ALRM)
Industry: Computer Software and Svcs
Industry RS rank: 41 out of 60
Stock RS rank: 177 out of 560
9/1/22 close: $67.00
1 Month avg volatility: $1.78. Volatility stop (for downward breakout): $70.64 or 5.4% above the close.
Change YTD: -21.00%
Volume: 197,600 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: Pipe top reversal pattern from 08/08/2022 to 08/15/2022
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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American Woodmark Corp (AMWD)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 38 out of 60
Stock RS rank: 239 out of 560
9/1/22 close: $52.59
1 Month avg volatility: $1.98. Volatility stop (for downward breakout): $57.06 or 8.5% above the close.
Change YTD: -19.34%
Volume: 134,900 shares. 3 month avg: 141,992 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: Broadening top reversal pattern from 08/01/2022 to 08/30/2022
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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Amgen Inc. (AMGN)
Industry: Biotechnology
Industry RS rank: 30 out of 60
Stock RS rank: 93 out of 560
9/1/22 close: $245.50
1 Month avg volatility: $3.67. Volatility stop (for downward breakout): $253.08 or 3.1% above the close.
Change YTD: 9.13%
Volume: 2,487,400 shares. 3 month avg: 2,770,322 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 07/26/2022 to 08/16/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Applied Materials (AMAT)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 54 out of 60
Stock RS rank: 498 out of 560
9/1/22 close: $91.81
1 Month avg volatility: $3.72. Volatility stop (for downward breakout): $99.41 or 8.3% above the close.
Change YTD: -41.66%
Volume: 9,889,500 shares. 3 month avg: 11,583,771 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 Top, Eve and Adam reversal pattern from 08/04/2022 to 08/15/2022
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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AptarGroup Inc (ATR)
Industry: Packaging and Container
Industry RS rank: 37 out of 60
Stock RS rank: 326 out of 560
9/1/22 close: $102.62
1 Month avg volatility: $1.87. Volatility stop (for downward breakout): $106.61 or 3.9% above the close.
Change YTD: -16.21%
Volume: 212,200 shares. 3 month avg: 241,254 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 07/29/2022 to 08/26/2022
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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Autodesk Inc (ADSK)
Industry: Computer Software and Svcs
Industry RS rank: 41 out of 60
Stock RS rank: 241 out of 560
9/1/22 close: $201.95
1 Month avg volatility: $5.98. Volatility stop (for downward breakout): $214.25 or 6.1% above the close.
Change YTD: -28.18%
Volume: 1,256,700 shares. 3 month avg: 2,150,943 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 Top, Eve and Adam reversal pattern from 08/15/2022 to 08/25/2022
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Avery Dennison Corp (AVY)
Industry: Packaging and Container
Industry RS rank: 37 out of 60
Stock RS rank: 86 out of 560
9/1/22 close: $185.51
1 Month avg volatility: $3.28. Volatility stop (for downward breakout): $192.58 or 3.8% above the close.
Change YTD: -14.34%
Volume: 402,100 shares. 3 month avg: 661,129 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 08/08/2022 to 08/15/2022
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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Beacon Roofing Supply Inc. (BECN)
Industry: Retail Building Supply
Industry RS rank: 35 out of 60
Stock RS rank: 281 out of 560
9/1/22 close: $54.16
1 Month avg volatility: $1.58. Volatility stop (for downward breakout): $57.92 or 7.0% above the close.
Change YTD: -5.56%
Volume: 431,800 shares. 3 month avg: 811,195 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 08/04/2022 to 08/18/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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Bed Bath and Beyond (BBBY)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 43 out of 60
Stock RS rank: 547 out of 560
9/1/22 close: $8.71
1 Month avg volatility: $2.91. Volatility stop (for downward breakout): $15.22 or 74.8% above the close.
Change YTD: -40.26%
Volume: 30,967,800 shares. 3 month avg: 4,821,077 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Dead-cat bounce continuation pattern from 08/31/2022 to 08/31/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Bio-Rad Laboratories (BIO)
Industry: Medical Supplies
Industry RS rank: 53 out of 60
Stock RS rank: 418 out of 560
9/1/22 close: $486.25
1 Month avg volatility: $13.93. Volatility stop (for downward breakout): $514.65 or 5.8% above the close.
Change YTD: -35.64%
Volume: 93,200 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: Double Top, Eve and Adam reversal pattern from 07/29/2022 to 08/11/2022
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Biogen Idec (BIIB)
Industry: Biotechnology
Industry RS rank: 30 out of 60
Stock RS rank: 205 out of 560
9/1/22 close: $199.79
1 Month avg volatility: $4.80. Volatility stop (for downward breakout): $211.01 or 5.6% above the close.
Change YTD: -16.73%
Volume: 914,800 shares. 3 month avg: 1,244,726 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Triple top reversal pattern from 07/08/2022 to 08/11/2022
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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Brady Corp (BRC)
Industry: Chemical (Diversified)
Industry RS rank: 10 out of 60
Stock RS rank: 147 out of 560
9/1/22 close: $46.30
1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $48.71 or 5.2% above the close.
Change YTD: -14.10%
Volume: 191,200 shares. 3 month avg: 204,463 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: Head-and-shoulders top reversal pattern from 08/01/2022 to 08/26/2022
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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Cabot Corp. (CBT)
Industry: Chemical (Diversified)
Industry RS rank: 10 out of 60
Stock RS rank: 200 out of 560
9/1/22 close: $70.54
1 Month avg volatility: $1.99. Volatility stop (for downward breakout): $74.85 or 6.1% above the close.
Change YTD: 25.52%
Volume: 315,300 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: Double Top, Eve and Adam reversal pattern from 08/16/2022 to 08/25/2022
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Celestica Inc (CLS)
Industry: Electronics
Industry RS rank: 36 out of 60
Stock RS rank: 387 out of 560
9/1/22 close: $9.76
1 Month avg volatility: $0.34. Volatility stop (for downward breakout): $10.95 or 12.2% above the close.
Change YTD: -12.31%
Volume: 285,200 shares. 3 month avg: 557,234 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 08/11/2022 to 08/26/2022
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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Chicos FAS Inc. (CHS)
Industry: Apparel
Industry RS rank: 55 out of 60
Stock RS rank: 107 out of 560
9/1/22 close: $5.48
1 Month avg volatility: $0.32. Volatility stop (for downward breakout): $6.35 or 15.9% above the close.
Change YTD: 1.86%
Volume: 2,296,900 shares. 3 month avg: 2,783,222 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe top reversal pattern from 08/15/2022 to 08/22/2022
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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Cisco Systems, Inc. (CSCO)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 49 out of 60
Stock RS rank: 406 out of 560
9/1/22 close: $45.29
1 Month avg volatility: $0.78. Volatility stop (for downward breakout): $46.90 or 3.6% above the close.
Change YTD: -28.53%
Volume: 16,226,000 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: Pipe top reversal pattern from 08/15/2022 to 08/22/2022
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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Cross Country Healthcare Inc (CCRN)
Industry: Human Resources
Industry RS rank: 45 out of 60
Stock RS rank: 60 out of 560
9/1/22 close: $24.64
1 Month avg volatility: $1.52. Volatility stop (for upward breakout): $21.41 or 13.1% below the close.
Change YTD: -11.24%
Volume: 708,100 shares. 3 month avg: 226,311 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 08/08/2022 to 08/15/2022
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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CTS Corp (CTS)
Industry: Electronics
Industry RS rank: 36 out of 60
Stock RS rank: 29 out of 560
9/1/22 close: $41.52
1 Month avg volatility: $0.91. Volatility stop (for downward breakout): $43.98 or 5.9% above the close.
Change YTD: 13.07%
Volume: 255,400 shares. 3 month avg: 73,662 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: Double Top, Adam and Adam reversal pattern from 08/18/2022 to 08/25/2022
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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Eagle Materials Inc. (EXP)
Industry: Cement and Aggregates
Industry RS rank: 32 out of 60
Stock RS rank: 349 out of 560
9/1/22 close: $116.85
1 Month avg volatility: $2.82. Volatility stop (for downward breakout): $124.77 or 6.8% above the close.
Change YTD: -29.80%
Volume: 375,200 shares. 3 month avg: 553,088 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 08/08/2022 to 08/15/2022
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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Emerson Electric (EMR)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 49 out of 60
Stock RS rank: 306 out of 560
9/1/22 close: $82.01
1 Month avg volatility: $1.56. Volatility stop (for downward breakout): $85.18 or 3.9% above the close.
Change YTD: -11.79%
Volume: 2,368,100 shares. 3 month avg: 2,495,463 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 top reversal pattern from 07/29/2022 to 08/18/2022
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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Equifax Inc (EFX)
Industry: Information Services
Industry RS rank: 24 out of 60
Stock RS rank: 360 out of 560
9/1/22 close: $190.05
1 Month avg volatility: $4.19. Volatility stop (for downward breakout): $198.58 or 4.5% above the close.
Change YTD: -35.09%
Volume: 581,700 shares. 3 month avg: 3,458,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 08/08/2022 to 08/15/2022
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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Expeditors International of Washington (EXPD)
Industry: Air Transport
Industry RS rank: 20 out of 60
Stock RS rank: 151 out of 560
9/1/22 close: $103.81
1 Month avg volatility: $1.89. Volatility stop (for downward breakout): $107.81 or 3.9% above the close.
Change YTD: -22.70%
Volume: 1,197,400 shares. 3 month avg: 1,055,643 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 08/11/2022 to 08/26/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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Exxon Mobil Corp. (XOM)
Industry: Petroleum (Integrated)
Industry RS rank: 2 out of 60
Stock RS rank: 30 out of 560
9/1/22 close: $93.87
1 Month avg volatility: $2.53. Volatility stop (for upward breakout): $87.23 or 7.1% below the close.
Change YTD: 53.41%
Volume: 16,329,800 shares. 3 month avg: 15,538,298 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: 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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FactSet Research Systems Inc (FDS)
Industry: Information Services
Industry RS rank: 24 out of 60
Stock RS rank: 111 out of 560
9/1/22 close: $440.06
1 Month avg volatility: $7.26. Volatility stop (for downward breakout): $454.92 or 3.4% above the close.
Change YTD: -9.45%
Volume: 161,500 shares. 3 month avg: 411,949 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 08/18/2022 to 08/26/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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FedEx (FDX)
Industry: Air Transport
Industry RS rank: 20 out of 60
Stock RS rank: 193 out of 560
9/1/22 close: $211.86
1 Month avg volatility: $5.11. Volatility stop (for downward breakout): $222.32 or 4.9% above the close.
Change YTD: -18.09%
Volume: 1,580,200 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: Triple top reversal pattern from 08/01/2022 to 08/16/2022
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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Forward Air Corp (FWRD)
Industry: Trucking/Transp. Leasing
Industry RS rank: 47 out of 60
Stock RS rank: 219 out of 560
9/1/22 close: $97.74
1 Month avg volatility: $2.38. Volatility stop (for downward breakout): $102.71 or 5.1% above the close.
Change YTD: -19.28%
Volume: 155,800 shares. 3 month avg: 140,032 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 08/08/2022 to 08/15/2022
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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Friedman Industries Inc (FRD)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 38 out of 60
Stock RS rank: 15 out of 560
9/1/22 close: $9.50
1 Month avg volatility: $0.61. Volatility stop (for downward breakout): $11.52 or 21.2% above the close.
Change YTD: 1.28%
Volume: 35,100 shares. 3 month avg: 24,458 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 08/19/2022 to 08/29/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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Griffon Corp (GFF)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 38 out of 60
Stock RS rank: 7 out of 560
9/1/22 close: $31.78
1 Month avg volatility: $1.08. Volatility stop (for downward breakout): $34.01 or 7.0% above the close.
Change YTD: 11.59%
Volume: 312,500 shares. 3 month avg: 83,558 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 08/11/2022 to 08/25/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Harmonic Inc (HLIT)
Industry: Telecom. Equipment
Industry RS rank: 57 out of 60
Stock RS rank: 23 out of 560
9/1/22 close: $10.97
1 Month avg volatility: $0.27. Volatility stop (for upward breakout): $10.27 or 6.4% below the close.
Change YTD: -6.72%
Volume: 773,000 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: Triangle, symmetrical continuation pattern from 08/02/2022 to 08/26/2022
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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HNI (HON Industries) (HNI)
Industry: Furn/Home Furnishings
Industry RS rank: 42 out of 60
Stock RS rank: 413 out of 560
9/1/22 close: $31.39
1 Month avg volatility: $0.81. Volatility stop (for downward breakout): $33.52 or 6.8% above the close.
Change YTD: -25.35%
Volume: 209,700 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 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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Insperity (NSP)
Industry: Human Resources
Industry RS rank: 45 out of 60
Stock RS rank: 21 out of 560
9/1/22 close: $109.38
1 Month avg volatility: $2.31. Volatility stop (for downward breakout): $114.17 or 4.4% above the close.
Change YTD: -7.39%
Volume: 133,800 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: Head-and-shoulders top reversal pattern from 08/02/2022 to 08/26/2022
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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Installed Building Products Inc (IBP)
Industry: Retail Building Supply
Industry RS rank: 35 out of 60
Stock RS rank: 318 out of 560
9/1/22 close: $88.89
1 Month avg volatility: $3.57. Volatility stop (for downward breakout): $96.42 or 8.5% above the close.
Change YTD: -36.38%
Volume: 208,900 shares. 3 month avg: 201,345 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 Top, Adam and Eve reversal pattern from 08/04/2022 to 08/16/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Integer Holdings Corp (ITGR)
Industry: Electronics
Industry RS rank: 36 out of 60
Stock RS rank: 450 out of 560
9/1/22 close: $62.30
1 Month avg volatility: $1.91. Volatility stop (for downward breakout): $66.83 or 7.3% above the close.
Change YTD: -27.21%
Volume: 193,500 shares. 3 month avg: 128,783 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 08/08/2022 to 08/15/2022
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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Interface, Inc. (TILE)
Industry: Furn/Home Furnishings
Industry RS rank: 42 out of 60
Stock RS rank: 458 out of 560
9/1/22 close: $11.02
1 Month avg volatility: $0.48. Volatility stop (for downward breakout): $12.17 or 10.5% above the close.
Change YTD: -30.91%
Volume: 271,200 shares. 3 month avg: 457,515 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 03/03/2022 to 08/04/2022
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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Interpublic Group of Companies (IPG)
Industry: Advertising
Industry RS rank: 52 out of 60
Stock RS rank: 456 out of 560
9/1/22 close: $27.47
1 Month avg volatility: $0.57. Volatility stop (for downward breakout): $28.68 or 4.4% above the close.
Change YTD: -26.65%
Volume: 2,470,700 shares. 3 month avg: 6,516,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 07/20/2022 to 08/16/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Intuit Inc (INTU)
Industry: Computer Software and Svcs
Industry RS rank: 41 out of 60
Stock RS rank: 315 out of 560
9/1/22 close: $425.50
1 Month avg volatility: $11.82. Volatility stop (for downward breakout): $451.84 or 6.2% above the close.
Change YTD: -33.85%
Volume: 1,972,200 shares. 3 month avg: 1,303,997 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 Top, Eve and Adam reversal pattern from 08/15/2022 to 08/24/2022
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Kimberly-Clark Corp (KMB)
Industry: Household Products
Industry RS rank: 15 out of 60
Stock RS rank: 166 out of 560
9/1/22 close: $128.52
1 Month avg volatility: $1.76. Volatility stop (for downward breakout): $132.54 or 3.1% above the close.
Change YTD: -10.08%
Volume: 1,368,600 shares. 3 month avg: 1,579,689 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 07/06/2022 to 08/16/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Kulicke and Soffa (KLIC)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 54 out of 60
Stock RS rank: 423 out of 560
9/1/22 close: $41.76
1 Month avg volatility: $2.03. Volatility stop (for downward breakout): $45.95 or 10.0% above the close.
Change YTD: -31.02%
Volume: 729,500 shares. 3 month avg: 518,337 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 top reversal pattern from 07/20/2022 to 08/12/2022
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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La-Z-Boy Inc (LZB)
Industry: Furn/Home Furnishings
Industry RS rank: 42 out of 60
Stock RS rank: 303 out of 560
9/1/22 close: $26.19
1 Month avg volatility: $0.86. Volatility stop (for downward breakout): $28.00 or 6.9% above the close.
Change YTD: -27.87%
Volume: 351,600 shares. 3 month avg: 437,505 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 Top, Adam and Adam reversal pattern from 08/16/2022 to 08/24/2022
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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Labratory Corp of America (LH)
Industry: Medical Services
Industry RS rank: 21 out of 60
Stock RS rank: 370 out of 560
9/1/22 close: $227.09
1 Month avg volatility: $4.87. Volatility stop (for downward breakout): $236.88 or 4.3% above the close.
Change YTD: -27.73%
Volume: 394,500 shares. 3 month avg: 674,168 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 07/29/2022 to 08/11/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Lamar Advertising (LAMR)
Industry: Advertising
Industry RS rank: 52 out of 60
Stock RS rank: 342 out of 560
9/1/22 close: $93.89
1 Month avg volatility: $1.95. Volatility stop (for downward breakout): $97.87 or 4.2% above the close.
Change YTD: -22.60%
Volume: 408,600 shares. 3 month avg: 612,354 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 08/08/2022 to 08/15/2022
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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Leidos Holdings Inc (LDOS)
Industry: IT Services
Industry RS rank: 13 out of 60
Stock RS rank: 264 out of 560
9/1/22 close: $95.06
1 Month avg volatility: $1.65. Volatility stop (for downward breakout): $98.61 or 3.7% above the close.
Change YTD: 6.93%
Volume: 867,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 07/25/2022 to 08/01/2022
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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Lennar Corp. Cl A (LEN)
Industry: Homebuilding
Industry RS rank: 60 out of 60
Stock RS rank: 366 out of 560
9/1/22 close: $77.49
1 Month avg volatility: $2.33. Volatility stop (for downward breakout): $82.16 or 6.0% above the close.
Change YTD: -33.29%
Volume: 2,852,700 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: Head-and-shoulders top reversal pattern from 08/01/2022 to 08/25/2022
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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Lilly, Eli and Co. (LLY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 28 out of 60
Stock RS rank: 17 out of 560
9/1/22 close: $309.13
1 Month avg volatility: $7.07. Volatility stop (for downward breakout): $323.55 or 4.7% above the close.
Change YTD: 11.91%
Volume: 2,937,900 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: Pipe top reversal pattern from 08/15/2022 to 08/22/2022
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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Lockheed Martin Corp (LMT)
Industry: Aerospace/Defense
Industry RS rank: 22 out of 60
Stock RS rank: 234 out of 560
9/1/22 close: $422.61
1 Month avg volatility: $7.40. Volatility stop (for downward breakout): $438.39 or 3.7% above the close.
Change YTD: 18.91%
Volume: 944,100 shares. 3 month avg: 1,203,803 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 08/17/2022 to 08/26/2022
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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M/I Homes, Inc. (MHO)
Industry: Homebuilding
Industry RS rank: 60 out of 60
Stock RS rank: 414 out of 560
9/1/22 close: $41.99
1 Month avg volatility: $1.53. Volatility stop (for downward breakout): $45.96 or 9.5% above the close.
Change YTD: -32.47%
Volume: 632,100 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: Head-and-shoulders top reversal pattern from 07/28/2022 to 08/26/2022
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: 56 out of 60
Stock RS rank: 308 out of 560
9/1/22 close: $52.94
1 Month avg volatility: $1.93. Volatility stop (for downward breakout): $57.79 or 9.2% above the close.
Change YTD: -32.39%
Volume: 712,700 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 top reversal pattern from 08/05/2022 to 08/25/2022
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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Marathon Oil (MRO)
Industry: Petroleum (Integrated)
Industry RS rank: 2 out of 60
Stock RS rank: 81 out of 560
9/1/22 close: $24.92
1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $22.43 or 10.0% below the close.
Change YTD: 51.77%
Volume: 14,853,800 shares. 3 month avg: 12,845,475 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: 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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Micron Technology (MU)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 56 out of 60
Stock RS rank: 526 out of 560
9/1/22 close: $57.31
1 Month avg volatility: $1.99. Volatility stop (for downward breakout): $61.39 or 7.1% above the close.
Change YTD: -38.48%
Volume: 17,527,800 shares. 3 month avg: 38,182,855 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 08/04/2022 to 08/12/2022
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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Moodys Corp (MCO)
Industry: Information Services
Industry RS rank: 24 out of 60
Stock RS rank: 305 out of 560
9/1/22 close: $286.78
1 Month avg volatility: $5.94. Volatility stop (for downward breakout): $298.80 or 4.2% above the close.
Change YTD: -26.58%
Volume: 509,100 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 top reversal pattern from 08/08/2022 to 08/15/2022
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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Nordstrom Inc (JWN)
Industry: Retail Store
Industry RS rank: 26 out of 60
Stock RS rank: 516 out of 560
9/1/22 close: $17.49
1 Month avg volatility: $1.10. Volatility stop (for downward breakout): $19.92 or 13.9% above the close.
Change YTD: -22.68%
Volume: 9,912,900 shares. 3 month avg: 5,927,834 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Dead-cat bounce continuation pattern from 08/24/2022 to 08/24/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Northwest Pipe Co (NWPX)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 38 out of 60
Stock RS rank: 112 out of 560
9/1/22 close: $30.80
1 Month avg volatility: $0.88. Volatility stop (for downward breakout): $33.65 or 9.3% above the close.
Change YTD: -3.14%
Volume: 19,000 shares. 3 month avg: 31,645 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triple top reversal pattern from 08/16/2022 to 08/25/2022
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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NVidia Corp (NVDA)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 56 out of 60
Stock RS rank: 538 out of 560
9/1/22 close: $139.37
1 Month avg volatility: $7.60. Volatility stop (for downward breakout): $158.99 or 14.1% above the close.
Change YTD: -52.61%
Volume: 117,376,500 shares. 3 month avg: 15,363,712 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: Horn top reversal pattern from 08/01/2022 to 08/15/2022
Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

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Occidental Petroleum Corp (OXY)
Industry: Petroleum (Producing)
Industry RS rank: 3 out of 60
Stock RS rank: 4 out of 560
9/1/22 close: $68.40
1 Month avg volatility: $2.96. Volatility stop (for upward breakout): $61.92 or 9.5% below the close.
Change YTD: 135.94%
Volume: 21,424,300 shares. 3 month avg: 4,088,786 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 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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Old Republic International Corp (ORI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 17 out of 60
Stock RS rank: 385 out of 560
9/1/22 close: $22.00
1 Month avg volatility: $0.38. Volatility stop (for downward breakout): $22.82 or 3.7% above the close.
Change YTD: -10.50%
Volume: 1,591,600 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 top reversal pattern from 08/15/2022 to 08/22/2022
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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Olin Corp. (OLN)
Industry: Chemical (Basic)
Industry RS rank: 40 out of 60
Stock RS rank: 100 out of 560
9/1/22 close: $53.73
1 Month avg volatility: $1.48. Volatility stop (for downward breakout): $56.98 or 6.1% above the close.
Change YTD: -6.59%
Volume: 1,236,700 shares. 3 month avg: 1,697,154 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 08/16/2022 to 08/26/2022
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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On Assignment, Inc. (ASGN)
Industry: Human Resources
Industry RS rank: 45 out of 60
Stock RS rank: 310 out of 560
9/1/22 close: $96.56
1 Month avg volatility: $2.29. Volatility stop (for downward breakout): $101.23 or 4.8% above the close.
Change YTD: -21.75%
Volume: 161,400 shares. 3 month avg: 295,840 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 08/01/2022 to 08/26/2022
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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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 52 out of 60
Stock RS rank: 517 out of 560
9/1/22 close: $17.37
1 Month avg volatility: $0.62. Volatility stop (for downward breakout): $18.60 or 7.1% above the close.
Change YTD: -35.23%
Volume: 1,943,200 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: Head-and-shoulders top reversal pattern from 08/04/2022 to 08/26/2022
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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Rambus Inc (RMBS)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 54 out of 60
Stock RS rank: 312 out of 560
9/1/22 close: $24.57
1 Month avg volatility: $0.78. Volatility stop (for downward breakout): $26.90 or 9.5% above the close.
Change YTD: -16.40%
Volume: 753,800 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 Wednesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 08/18/2022 to 08/25/2022
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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Schlumberger Limited (SLB)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 31 out of 60
Stock RS rank: 235 out of 560
9/1/22 close: $36.85
1 Month avg volatility: $1.30. Volatility stop (for upward breakout): $33.82 or 8.2% below the close.
Change YTD: 23.04%
Volume: 10,469,900 shares. 3 month avg: 8,320,412 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: 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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Semtech Corp (SMTC)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 54 out of 60
Stock RS rank: 550 out of 560
9/1/22 close: $33.65
1 Month avg volatility: $1.97. Volatility stop (for downward breakout): $39.18 or 16.4% above the close.
Change YTD: -62.16%
Volume: 6,142,100 shares. 3 month avg: 510,991 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: Dead-cat bounce continuation pattern from 09/01/2022 to 09/01/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Silgan Holdings Inc (SLGN)
Industry: Packaging and Container
Industry RS rank: 37 out of 60
Stock RS rank: 64 out of 560
9/1/22 close: $45.21
1 Month avg volatility: $0.87. Volatility stop (for downward breakout): $47.07 or 4.1% above the close.
Change YTD: 5.53%
Volume: 446,300 shares. 3 month avg: 499,285 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 08/16/2022 to 08/26/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Steelcase (SCS)
Industry: Furn/Home Furnishings
Industry RS rank: 42 out of 60
Stock RS rank: 266 out of 560
9/1/22 close: $11.06
1 Month avg volatility: $0.26. Volatility stop (for downward breakout): $11.68 or 5.6% above the close.
Change YTD: -5.63%
Volume: 682,400 shares. 3 month avg: 708,518 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 08/16/2022 to 08/26/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Summit Materials Inc (SUM)
Industry: Cement and Aggregates
Industry RS rank: 32 out of 60
Stock RS rank: 224 out of 560
9/1/22 close: $28.05
1 Month avg volatility: $0.86. Volatility stop (for downward breakout): $30.10 or 7.3% above the close.
Change YTD: -30.12%
Volume: 753,500 shares. 3 month avg: 1,204,178 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 08/08/2022 to 08/15/2022
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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Surmodics, Inc (SRDX)
Industry: Medical Supplies
Industry RS rank: 53 out of 60
Stock RS rank: 466 out of 560
9/1/22 close: $32.86
1 Month avg volatility: $1.49. Volatility stop (for downward breakout): $37.09 or 12.9% above the close.
Change YTD: -31.75%
Volume: 31,400 shares. 3 month avg: 37,286 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 08/08/2022 to 08/15/2022
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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Texas Instruments Inc. (TXN)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 56 out of 60
Stock RS rank: 181 out of 560
9/1/22 close: $166.16
1 Month avg volatility: $3.91. Volatility stop (for downward breakout): $174.30 or 4.9% above the close.
Change YTD: -11.84%
Volume: 5,592,600 shares. 3 month avg: 4,332,837 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 Top, Adam and Eve reversal pattern from 08/04/2022 to 08/12/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Textron Inc (TXT)
Industry: Diversified Co.
Industry RS rank: 51 out of 60
Stock RS rank: 361 out of 560
9/1/22 close: $62.02
1 Month avg volatility: $1.25. Volatility stop (for downward breakout): $64.60 or 4.2% above the close.
Change YTD: -19.66%
Volume: 1,183,100 shares. 3 month avg: 1,461,508 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 07/28/2022 to 08/26/2022
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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UGI Corp. (UGI)
Industry: Natural Gas (Distributor)
Industry RS rank: 11 out of 60
Stock RS rank: 114 out of 560
9/1/22 close: $39.08
1 Month avg volatility: $0.79. Volatility stop (for downward breakout): $41.38 or 5.9% above the close.
Change YTD: -14.88%
Volume: 1,011,600 shares. 3 month avg: 686,418 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 07/25/2022 to 08/01/2022
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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V. F. Corp (VFC)
Industry: Apparel
Industry RS rank: 55 out of 60
Stock RS rank: 476 out of 560
9/1/22 close: $41.41
1 Month avg volatility: $1.15. Volatility stop (for downward breakout): $43.81 or 5.8% above the close.
Change YTD: -43.44%
Volume: 2,278,600 shares. 3 month avg: 2,795,366 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 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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Visa (V)
Industry: Financial Services
Industry RS rank: 29 out of 60
Stock RS rank: 207 out of 560
9/1/22 close: $200.13
1 Month avg volatility: $4.09. Volatility stop (for downward breakout): $208.62 or 4.2% above the close.
Change YTD: -7.65%
Volume: 5,592,700 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 Top, Eve and Eve reversal pattern from 07/22/2022 to 08/16/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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Waters Corp (WAT)
Industry: Precision Instrument
Industry RS rank: 16 out of 60
Stock RS rank: 216 out of 560
9/1/22 close: $300.35
1 Month avg volatility: $7.65. Volatility stop (for downward breakout): $315.75 or 5.1% above the close.
Change YTD: -19.39%
Volume: 252,400 shares. 3 month avg: 398,726 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 07/25/2022 to 08/01/2022
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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Westlake Chemical Corp (WLK)
Industry: Chemical (Basic)
Industry RS rank: 40 out of 60
Stock RS rank: 327 out of 560
9/1/22 close: $96.24
1 Month avg volatility: $2.84. Volatility stop (for downward breakout): $102.95 or 7.0% above the close.
Change YTD: -0.92%
Volume: 525,700 shares. 3 month avg: 812,517 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 08/15/2022 to 08/22/2022
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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Williams-Sonoma Inc. (WSM)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 43 out of 60
Stock RS rank: 175 out of 560
9/1/22 close: $146.92
1 Month avg volatility: $6.21. Volatility stop (for downward breakout): $160.22 or 9.1% above the close.
Change YTD: -13.13%
Volume: 1,130,400 shares. 3 month avg: 1,925,938 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe top reversal pattern from 08/15/2022 to 08/22/2022
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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Wolverine World Wide (WWW)
Industry: Shoe
Industry RS rank: 23 out of 60
Stock RS rank: 383 out of 560
9/1/22 close: $19.34
1 Month avg volatility: $0.80. Volatility stop (for downward breakout): $21.11 or 9.1% above the close.
Change YTD: -32.87%
Volume: 693,100 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: Diamond top reversal pattern from 08/01/2022 to 08/17/2022
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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