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%
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YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
|
 46,000 or 43,000 by 12/01/202418,000 or 16,600 by 12/01/20241,200 or 1,000 by 12/01/202420,000 or 18,400 by 12/01/20246,100 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%
| |
|
46,000 or 43,000 by 12/01/202418,000 or 16,600 by 12/01/20241,200 or 1,000 by 12/01/202420,000 or 18,400 by 12/01/20246,100 or 5,800 by 12/01/2024 | ||
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.
Industry: Telecom. EquipmentIndustry RS rank: 54 out of 60Stock RS rank: 175 out of 5609/8/22 close: $19.891 Month avg volatility: $0.84. Volatility stop (for downward breakout): $22.03 or 10.8% above the close.Change YTD: -12.88%Volume: 754,700 shares. 3 month avg: 348,746 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 Eve reversal pattern from 08/04/2022 to 08/19/2022Breakout 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.
Industry: Aerospace/DefenseIndustry RS rank: 25 out of 60Stock RS rank: 356 out of 5609/8/22 close: $157.791 Month avg volatility: $4.55. Volatility stop (for downward breakout): $167.41 or 6.1% above the close.Change YTD: -21.62%Volume: 4,891,500 shares. 3 month avg: 3,332,308 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 08/26/2022Breakout 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.
Industry: Food ProcessingIndustry RS rank: 3 out of 60Stock RS rank: 11 out of 5609/8/22 close: $56.831 Month avg volatility: $1.65. Volatility stop (for upward breakout): $52.05 or 8.4% below the close.Change YTD: 53.64%Volume: 814,800 shares. 3 month avg: 322,132 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 08/23/2022 to 09/01/2022Breakout 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.
Industry: Chemical (Basic)Industry RS rank: 39 out of 60Stock RS rank: 441 out of 5609/8/22 close: $112.341 Month avg volatility: $3.17. Volatility stop (for downward breakout): $118.87 or 5.8% above the close.Change YTD: -33.15%Volume: 838,600 shares. 3 month avg: 691,697 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 08/16/2022 to 08/26/2022Breakout 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.
Industry: Metals and Mining (Div.)Industry RS rank: 52 out of 60Stock RS rank: 500 out of 5609/8/22 close: $17.631 Month avg volatility: $0.76. Volatility stop (for downward breakout): $19.43 or 10.2% above the close.Change YTD: -19.02%Volume: 13,378,900 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: Double Top, Adam and Adam reversal pattern from 08/11/2022 to 08/26/2022Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 18 out of 60Stock RS rank: 135 out of 5609/8/22 close: $285.531 Month avg volatility: $4.57. Volatility stop (for upward breakout): $271.48 or 4.9% below the close.Change YTD: 4.24%Volume: 205,800 shares. 3 month avg: 566,686 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: Ugly double bottom reversal pattern from 08/03/2022 to 08/29/2022Breakout 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.
Industry: Metals and Mining (Div.)Industry RS rank: 52 out of 60Stock RS rank: 524 out of 5609/8/22 close: $30.621 Month avg volatility: $1.10. Volatility stop (for upward breakout): $26.24 or 14.3% below the close.Change YTD: -26.62%Volume: 21,215,800 shares. 3 month avg: 23,596,338 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: Ugly double bottom reversal pattern from 07/14/2022 to 08/03/2022Breakout 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.
Industry: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 45 out of 60Stock RS rank: 200 out of 5609/8/22 close: $25.831 Month avg volatility: $2.55. Volatility stop (for downward breakout): $31.84 or 23.3% above the close.Change YTD: -30.37%Volume: 14,083,200 shares. 3 month avg: 3,063,175 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Top, Adam and Adam reversal pattern from 08/08/2022 to 08/16/2022Breakout 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.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 41 out of 60Stock RS rank: 249 out of 5609/8/22 close: $51.181 Month avg volatility: $1.33. Volatility stop (for downward breakout): $53.85 or 5.2% above the close.Change YTD: -27.11%Volume: 1,338,300 shares. 3 month avg: 2,351,771 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 08/18/2022Breakout 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.
Industry: Furn/Home FurnishingsIndustry RS rank: 43 out of 60Stock RS rank: 480 out of 5609/8/22 close: $26.691 Month avg volatility: $0.93. Volatility stop (for downward breakout): $28.73 or 7.7% above the close.Change YTD: -31.90%Volume: 785,400 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: Head-and-shoulders top reversal pattern from 08/08/2022 to 08/25/2022Breakout 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.
Industry: Household ProductsIndustry RS rank: 19 out of 60Stock RS rank: 467 out of 5609/8/22 close: $17.441 Month avg volatility: $0.53. Volatility stop (for upward breakout): $15.74 or 9.7% below the close.Change YTD: -20.15%Volume: 3,774,100 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: Pipe bottom reversal pattern from 06/13/2022 to 06/21/2022Breakout 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.
Industry: Aerospace/DefenseIndustry RS rank: 25 out of 60Stock RS rank: 86 out of 5609/8/22 close: $489.731 Month avg volatility: $8.60. Volatility stop (for downward breakout): $507.02 or 3.5% above the close.Change YTD: 26.52%Volume: 574,600 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 Monday.Chart pattern: Double Top, Eve and Adam reversal pattern from 08/18/2022 to 08/26/2022Breakout 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.
Industry: Petroleum (Producing)Industry RS rank: 11 out of 60Stock RS rank: 57 out of 5609/8/22 close: $64.611 Month avg volatility: $2.79. Volatility stop (for downward breakout): $71.79 or 11.1% above the close.Change YTD: 122.87%Volume: 21,914,300 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 top reversal pattern from 08/29/2022 to 08/29/2022Breakout 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.
Industry: Household ProductsIndustry RS rank: 19 out of 60Stock RS rank: 284 out of 5609/8/22 close: $137.861 Month avg volatility: $2.21. Volatility stop (for upward breakout): $131.64 or 4.5% below the close.Change YTD: -15.72%Volume: 7,168,600 shares. 3 month avg: 7,163,346 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Ugly double bottom reversal pattern from 06/15/2022 to 07/21/2022Breakout 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.
Industry: ApparelIndustry RS rank: 47 out of 60Stock RS rank: 376 out of 5609/8/22 close: $94.221 Month avg volatility: $3.46. Volatility stop (for downward breakout): $101.44 or 7.7% above the close.Change YTD: -20.73%Volume: 1,173,300 shares. 3 month avg: 933,391 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: Head-and-shoulders top reversal pattern from 07/22/2022 to 08/26/2022Breakout 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.
Industry: Diversified Co.Industry RS rank: 55 out of 60Stock RS rank: 440 out of 5609/8/22 close: $85.881 Month avg volatility: $1.94. Volatility stop (for downward breakout): $90.16 or 5.0% above the close.Change YTD: -22.39%Volume: 26,800 shares. 3 month avg: 37,109 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 Thursday.Chart pattern: Head-and-shoulders top reversal pattern from 07/28/2022 to 08/25/2022Breakout 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.
Industry: Diversified Co.Industry RS rank: 55 out of 60Stock RS rank: 510 out of 5609/8/22 close: $237.461 Month avg volatility: $5.88. Volatility stop (for upward breakout): $219.40 or 7.6% below the close.Change YTD: -27.71%Volume: 296,100 shares. 3 month avg: 269,822 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 Bottom, Adam and Adam reversal pattern from 08/29/2022 to 09/06/2022Breakout 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.
Industry: Precision InstrumentIndustry RS rank: 14 out of 60Stock RS rank: 125 out of 5609/8/22 close: $566.561 Month avg volatility: $10.54. Volatility stop (for downward breakout): $588.26 or 3.8% above the close.Change YTD: -15.09%Volume: 1,854,500 shares. 3 month avg: 1,572,766 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 07/29/2022 to 08/15/2022Breakout 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.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 60 out of 60Stock RS rank: 488 out of 5609/8/22 close: $3.601 Month avg volatility: $0.18. Volatility stop (for upward breakout): $3.15 or 12.4% below the close.Change YTD: 30.43%Volume: 10,847,000 shares. 3 month avg: 13,612,100 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Triangle, symmetrical continuation pattern from 08/02/2022 to 09/08/2022Breakout 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.
Industry: ApparelIndustry RS rank: 47 out of 60Stock RS rank: 451 out of 5609/8/22 close: $42.741 Month avg volatility: $1.26. Volatility stop (for downward breakout): $45.27 or 5.9% above the close.Change YTD: -41.63%Volume: 2,139,900 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: Triple top reversal pattern from 07/20/2022 to 08/16/2022Breakout 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.
Industry: Trucking/Transp. LeasingIndustry RS rank: 51 out of 60Stock RS rank: 308 out of 5609/8/22 close: $39.181 Month avg volatility: $1.11. Volatility stop (for downward breakout): $41.79 or 6.7% above the close.Change YTD: -17.79%Volume: 456,800 shares. 3 month avg: 887,242 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 07/29/2022 to 08/16/2022Breakout 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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