As of 10/03/2022
  Indus: 29,491 +765.38 +2.7%  
  Trans: 12,465 +406.70 +3.4%  
  Utils: 915 +26.32 +3.0%  
  Nasdaq: 10,815 +239.81 +2.3%  
  S&P 500: 3,678 +92.81 +2.6%  
YTD
-18.8%  
-24.4%  
-6.7%  
-30.9%  
-22.8%  
  Targets    Overview: 09/15/2022  
  Up arrow30,800 or 27,500 by 10/15/2022
  Up arrow13,800 or 11,800 by 10/15/2022
  Up arrow950 or 850 by 10/15/2022
  Up arrow11,500 or 9,700 by 10/15/2022
  Up arrow3,800 or 3,500 by 10/15/2022
CPI (updated daily): Arrows on 10/3/22
As of 10/03/2022
  Indus: 29,491 +765.38 +2.7%  
  Trans: 12,465 +406.70 +3.4%  
  Utils: 915 +26.32 +3.0%  
  Nasdaq: 10,815 +239.81 +2.3%  
  S&P 500: 3,678 +92.81 +2.6%  
YTD
-18.8%  
-24.4%  
-6.7%  
-30.9%  
-22.8%  
  Targets    Overview: 09/15/2022  
  Up arrow30,800 or 27,500 by 10/15/2022
  Up arrow13,800 or 11,800 by 10/15/2022
  Up arrow950 or 850 by 10/15/2022
  Up arrow11,500 or 9,700 by 10/15/2022
  Up arrow3,800 or 3,500 by 10/15/2022
CPI (updated daily): Arrows on 10/3/22

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: 49 out of 60
Stock RS rank: 250 out of 559
9/22/22 close: $101.07
1 Month avg volatility: $2.11. Volatility stop (for downward breakout): $106.05 or 4.9% above the close.
Change YTD: -28.19%
Volume: 5,455,100 shares. 3 month avg: 6,008,617 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 09/06/2022 to 09/12/2022
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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AES Corp (AES)
Industry: Electric Utility (East)
Industry RS rank: 6 out of 60
Stock RS rank: 54 out of 559
9/22/22 close: $25.03
1 Month avg volatility: $0.65. Volatility stop (for downward breakout): $26.71 or 6.7% above the close.
Change YTD: 3.00%
Volume: 2,699,000 shares. 3 month avg: 5,494,342 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 09/06/2022 to 09/12/2022
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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Alarm.com Holdings inc (ALRM)
Industry: Computer Software and Svcs
Industry RS rank: 42 out of 60
Stock RS rank: 125 out of 559
9/22/22 close: $63.78
1 Month avg volatility: $1.94. Volatility stop (for downward breakout): $68.88 or 8.0% above the close.
Change YTD: -24.80%
Volume: 249,300 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 09/06/2022 to 09/12/2022
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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Amedisys Inc (AMED)
Industry: Medical Services
Industry RS rank: 23 out of 60
Stock RS rank: 490 out of 559
9/22/22 close: $107.80
1 Month avg volatility: $4.31. Volatility stop (for downward breakout): $118.71 or 10.1% above the close.
Change YTD: -33.41%
Volume: 326,500 shares. 3 month avg: 412,928 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 08/26/2022 to 09/12/2022
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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American Eagle Outfitters Inc. (AEO)
Industry: Apparel
Industry RS rank: 46 out of 60
Stock RS rank: 511 out of 559
9/22/22 close: $10.62
1 Month avg volatility: $0.53. Volatility stop (for upward breakout): $9.54 or 10.2% below the close.
Change YTD: -58.06%
Volume: 4,119,900 shares. 3 month avg: 4,309,748 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: Triangle, symmetrical continuation pattern from 09/12/2022 to 09/22/2022
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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American Electric Power AEP (AEP)
Industry: Electric Utility (Central)
Industry RS rank: 4 out of 60
Stock RS rank: 79 out of 559
9/22/22 close: $98.88
1 Month avg volatility: $2.01. Volatility stop (for downward breakout): $103.52 or 4.7% above the close.
Change YTD: 11.14%
Volume: 1,926,300 shares. 3 month avg: 2,150,485 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 08/18/2022 to 09/12/2022
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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Aon Corp (AON)
Industry: Insurance (Diversified)
Industry RS rank: 18 out of 60
Stock RS rank: 244 out of 559
9/22/22 close: $272.22
1 Month avg volatility: $5.42. Volatility stop (for downward breakout): $284.77 or 4.6% above the close.
Change YTD: -9.43%
Volume: 1,051,100 shares. 3 month avg: 1,880,728 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 07/29/2022 to 09/12/2022
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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Arch Capital Group Ltd (ACGL)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 20 out of 60
Stock RS rank: 156 out of 559
9/22/22 close: $43.93
1 Month avg volatility: $0.99. Volatility stop (for downward breakout): $46.80 or 6.5% above the close.
Change YTD: -1.17%
Volume: 1,311,600 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 Top, Adam and Eve reversal pattern from 08/18/2022 to 09/15/2022
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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Archer-Daniels-Midland Co (ADM)
Industry: Food Processing
Industry RS rank: 3 out of 60
Stock RS rank: 135 out of 559
9/22/22 close: $86.07
1 Month avg volatility: $2.37. Volatility stop (for downward breakout): $91.75 or 6.6% above the close.
Change YTD: 27.34%
Volume: 2,399,100 shares. 3 month avg: 3,092,757 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: Broadening top reversal pattern from 08/22/2022 to 09/19/2022
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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Assured Guaranty Ltd. (AGO)
Industry: Insurance (Life)
Industry RS rank: 13 out of 60
Stock RS rank: 342 out of 559
9/22/22 close: $49.79
1 Month avg volatility: $1.26. Volatility stop (for downward breakout): $54.54 or 9.5% above the close.
Change YTD: -0.82%
Volume: 311,400 shares. 3 month avg: 1,068,715 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 09/12/2022
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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Balchem Corp (BCPC)
Industry: Chemical (Specialty)
Industry RS rank: 25 out of 60
Stock RS rank: 214 out of 559
9/22/22 close: $122.00
1 Month avg volatility: $2.95. Volatility stop (for downward breakout): $128.74 or 5.5% above the close.
Change YTD: -27.64%
Volume: 63,600 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: Head-and-shoulders top reversal pattern from 08/01/2022 to 09/12/2022
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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Best Buy Co. (BBY)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 47 out of 60
Stock RS rank: 442 out of 559
9/22/22 close: $68.57
1 Month avg volatility: $2.58. Volatility stop (for downward breakout): $74.79 or 9.1% above the close.
Change YTD: -32.51%
Volume: 1,897,800 shares. 3 month avg: 4,325,955 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 07/22/2022 to 09/12/2022
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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Caleres (CAL)
Industry: Shoe
Industry RS rank: 15 out of 60
Stock RS rank: 12 out of 559
9/22/22 close: $25.25
1 Month avg volatility: $1.39. Volatility stop (for upward breakout): $22.34 or 11.5% below the close.
Change YTD: 11.33%
Volume: 606,200 shares. 3 month avg: 329,342 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: Diamond bottom reversal pattern from 08/31/2022 to 09/22/2022
Breakout is upward 69% of the time.
Average rise: 36%.
Break-even failure rate: 4%.
Throwbacks occur 53% of the time.
Price hits measure rule target 81% of the time.

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Century Aluminum Co. (CENX)
Industry: Metals and Mining (Div.)
Industry RS rank: 54 out of 60
Stock RS rank: 559 out of 559
9/22/22 close: $6.34
1 Month avg volatility: $0.49. Volatility stop (for downward breakout): $7.90 or 24.6% above the close.
Change YTD: -61.71%
Volume: 1,560,600 shares. 3 month avg: 2,285,742 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: Three Falling Peaks reversal pattern from 08/11/2022 to 09/12/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

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CF Industries Holdings, Inc. (CF)
Industry: Chemical (Basic)
Industry RS rank: 48 out of 60
Stock RS rank: 123 out of 559
9/22/22 close: $101.53
1 Month avg volatility: $4.19. Volatility stop (for downward breakout): $112.72 or 11.0% above the close.
Change YTD: 43.44%
Volume: 1,463,800 shares. 3 month avg: 3,754,700 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 08/22/2022 to 08/29/2022
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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Check Point Software (CHKP)
Industry: E-Commerce
Industry RS rank: 60 out of 60
Stock RS rank: 334 out of 559
9/22/22 close: $112.37
1 Month avg volatility: $2.42. Volatility stop (for downward breakout): $119.48 or 6.3% above the close.
Change YTD: -3.59%
Volume: 1,638,800 shares. 3 month avg: 1,143,906 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Three Falling Peaks reversal pattern from 08/16/2022 to 09/12/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

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Crown Holdings Inc (CCK)
Industry: Packaging and Container
Industry RS rank: 44 out of 60
Stock RS rank: 483 out of 559
9/22/22 close: $84.27
1 Month avg volatility: $2.64. Volatility stop (for downward breakout): $93.05 or 10.4% above the close.
Change YTD: -23.82%
Volume: 2,847,800 shares. 3 month avg: 762,669 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: Pipe top reversal pattern from 09/06/2022 to 09/12/2022
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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Danaher Corp (DHR)
Industry: Precision Instrument
Industry RS rank: 21 out of 60
Stock RS rank: 168 out of 559
9/22/22 close: $266.43
1 Month avg volatility: $7.02. Volatility stop (for downward breakout): $282.77 or 6.1% above the close.
Change YTD: -19.02%
Volume: 2,844,200 shares. 3 month avg: 2,378,355 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 09/12/2022 to 09/12/2022
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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Devon Energy Corp. (DVN)
Industry: Natural Gas (Diversified)
Industry RS rank: 2 out of 60
Stock RS rank: 85 out of 559
9/22/22 close: $63.12
1 Month avg volatility: $2.47. Volatility stop (for downward breakout): $71.03 or 12.5% above the close.
Change YTD: 43.29%
Volume: 8,813,400 shares. 3 month avg: 4,704,349 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: Pipe top reversal pattern from 08/22/2022 to 08/29/2022
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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DJ 15 Utilities (^DJU)
Industry: None
Industry RS rank: 43 out of 60
9/22/22 close: $990.92
1 Month avg volatility: $17.57. Volatility stop (for downward breakout): $1,032.74 or 4.2% above the close.
Change YTD: 1.03%
Volume: 38,164,000 shares. 3 month avg: 42,321,222 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 Adam reversal pattern from 08/18/2022 to 09/12/2022
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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DTE Energy Company (DTE)
Industry: Electric Utility (Central)
Industry RS rank: 4 out of 60
Stock RS rank: 107 out of 559
9/22/22 close: $126.58
1 Month avg volatility: $2.25. Volatility stop (for downward breakout): $132.05 or 4.3% above the close.
Change YTD: 5.89%
Volume: 1,279,700 shares. 3 month avg: 979,609 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 08/16/2022 to 09/12/2022
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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Duke Energy Corp (DUK)
Industry: Electric Utility (East)
Industry RS rank: 6 out of 60
Stock RS rank: 124 out of 559
9/22/22 close: $104.68
1 Month avg volatility: $1.95. Volatility stop (for downward breakout): $109.50 or 4.6% above the close.
Change YTD: -0.21%
Volume: 2,318,700 shares. 3 month avg: 2,571,354 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 08/04/2022 to 09/12/2022
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.

Top

Eastman Chemical (EMN)
Industry: Chemical (Diversified)
Industry RS rank: 12 out of 60
Stock RS rank: 472 out of 559
9/22/22 close: $74.74
1 Month avg volatility: $2.77. Volatility stop (for downward breakout): $82.24 or 10.0% above the close.
Change YTD: -38.19%
Volume: 1,185,500 shares. 3 month avg: 1,209,300 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: Head-and-shoulders top reversal pattern from 07/28/2022 to 09/12/2022
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.

Top

FactSet Research Systems Inc (FDS)
Industry: Information Services
Industry RS rank: 40 out of 60
Stock RS rank: 175 out of 559
9/22/22 close: $394.75
1 Month avg volatility: $9.68. Volatility stop (for downward breakout): $437.07 or 10.7% above the close.
Change YTD: -18.78%
Volume: 1,202,200 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: Triple top reversal pattern from 08/18/2022 to 09/12/2022
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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FedEx (FDX)
Industry: Air Transport
Industry RS rank: 53 out of 60
Stock RS rank: 458 out of 559
9/22/22 close: $154.54
1 Month avg volatility: $5.59. Volatility stop (for downward breakout): $171.84 or 11.2% above the close.
Change YTD: -40.25%
Volume: 10,183,200 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: Dead-cat bounce continuation pattern from 09/16/2022 to 09/16/2022
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Fiserv, Inc (FISV)
Industry: IT Services
Industry RS rank: 19 out of 60
Stock RS rank: 105 out of 559
9/22/22 close: $98.56
1 Month avg volatility: $2.30. Volatility stop (for downward breakout): $104.34 or 5.9% above the close.
Change YTD: -5.04%
Volume: 3,924,600 shares. 3 month avg: 915,811 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 08/03/2022 to 09/12/2022
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.

Top

Flextronics International Ltd (FLEX)
Industry: Electronics
Industry RS rank: 22 out of 60
Stock RS rank: 83 out of 559
9/22/22 close: $17.44
1 Month avg volatility: $0.59. Volatility stop (for downward breakout): $19.06 or 9.3% above the close.
Change YTD: -4.86%
Volume: 2,565,300 shares. 3 month avg: 3,241,565 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: Big M reversal pattern from 08/18/2022 to 09/12/2022
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 11%.
Pullbacks occur 63% of the time.
Price hits measure rule target 57% of the time.

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FMC Corp. (FMC)
Industry: Chemical (Basic)
Industry RS rank: 48 out of 60
Stock RS rank: 324 out of 559
9/22/22 close: $107.18
1 Month avg volatility: $3.00. Volatility stop (for downward breakout): $114.04 or 6.4% above the close.
Change YTD: -2.47%
Volume: 1,042,500 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: Head-and-shoulders top reversal pattern from 08/16/2022 to 09/09/2022
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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Gartner Inc (IT)
Industry: IT Services
Industry RS rank: 19 out of 60
Stock RS rank: 134 out of 559
9/22/22 close: $280.10
1 Month avg volatility: $7.32. Volatility stop (for downward breakout): $301.74 or 7.7% above the close.
Change YTD: -16.22%
Volume: 665,400 shares. 3 month avg: 564,655 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 Top, Eve and Eve reversal pattern from 08/16/2022 to 09/12/2022
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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General Dynamics Corp (GD)
Industry: Aerospace/Defense
Industry RS rank: 16 out of 60
Stock RS rank: 151 out of 559
9/22/22 close: $228.09
1 Month avg volatility: $4.58. Volatility stop (for upward breakout): $217.23 or 4.8% below the close.
Change YTD: 9.41%
Volume: 843,500 shares. 3 month avg: 1,076,035 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 08/26/2022 to 09/22/2022
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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Global Payments Inc (GPN)
Industry: Computer Software and Svcs
Industry RS rank: 42 out of 60
Stock RS rank: 247 out of 559
9/22/22 close: $116.09
1 Month avg volatility: $3.48. Volatility stop (for downward breakout): $127.82 or 10.1% above the close.
Change YTD: -14.12%
Volume: 3,146,500 shares. 3 month avg: 1,112,569 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 08/16/2022 to 09/12/2022
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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Intrepid Potash Inc (IPI)
Industry: Chemical (Diversified)
Industry RS rank: 12 out of 60
Stock RS rank: 547 out of 559
9/22/22 close: $41.41
1 Month avg volatility: $3.01. Volatility stop (for downward breakout): $49.53 or 19.6% above the close.
Change YTD: -3.09%
Volume: 178,700 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: Pipe top reversal pattern from 08/22/2022 to 08/29/2022
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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Johnson and Johnson (JNJ)
Industry: Medical Supplies
Industry RS rank: 49 out of 60
Stock RS rank: 148 out of 559
9/22/22 close: $166.18
1 Month avg volatility: $2.62. Volatility stop (for upward breakout): $157.59 or 5.2% below the close.
Change YTD: -2.86%
Volume: 7,328,800 shares. 3 month avg: 5,464,417 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 08/31/2022 to 09/13/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Labratory Corp of America (LH)
Industry: Medical Services
Industry RS rank: 23 out of 60
Stock RS rank: 365 out of 559
9/22/22 close: $213.03
1 Month avg volatility: $5.28. Volatility stop (for downward breakout): $224.55 or 5.4% above the close.
Change YTD: -32.20%
Volume: 476,700 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: Pipe top reversal pattern from 09/06/2022 to 09/12/2022
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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Murphy Oil Corporation (MUR)
Industry: Petroleum (Integrated)
Industry RS rank: 5 out of 60
Stock RS rank: 221 out of 559
9/22/22 close: $36.61
1 Month avg volatility: $1.59. Volatility stop (for downward breakout): $42.09 or 15.0% above the close.
Change YTD: 40.21%
Volume: 1,612,100 shares. 3 month avg: 2,218,335 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, Adam and Eve reversal pattern from 08/29/2022 to 09/14/2022
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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Nabors Industries, Ltd. (NBR)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 57 out of 60
Stock RS rank: 456 out of 559
9/22/22 close: $109.71
1 Month avg volatility: $7.74. Volatility stop (for downward breakout): $133.96 or 22.1% above the close.
Change YTD: 35.29%
Volume: 165,300 shares. 3 month avg: 10,861,705 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 08/22/2022 to 08/29/2022
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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NCR Corporation (NCR)
Industry: IT Services
Industry RS rank: 19 out of 60
Stock RS rank: 537 out of 559
9/22/22 close: $21.63
1 Month avg volatility: $1.14. Volatility stop (for downward breakout): $24.22 or 12.0% above the close.
Change YTD: -46.19%
Volume: 2,581,500 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: Dead-cat bounce continuation pattern from 09/16/2022 to 09/16/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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NextEra Energy Inc (NEE)
Industry: Electric Utility (East)
Industry RS rank: 6 out of 60
Stock RS rank: 94 out of 559
9/22/22 close: $83.54
1 Month avg volatility: $1.70. Volatility stop (for downward breakout): $87.58 or 4.8% above the close.
Change YTD: -10.52%
Volume: 6,559,700 shares. 3 month avg: 1,582,705 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 08/16/2022 to 09/08/2022
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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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 55 out of 60
Stock RS rank: 526 out of 559
9/22/22 close: $16.23
1 Month avg volatility: $0.66. Volatility stop (for downward breakout): $18.28 or 12.6% above the close.
Change YTD: -39.49%
Volume: 3,681,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 08/16/2022 to 09/12/2022
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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Patterson-UTI Energy Inc. (PTEN)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 57 out of 60
Stock RS rank: 280 out of 559
9/22/22 close: $12.99
1 Month avg volatility: $0.74. Volatility stop (for downward breakout): $15.37 or 18.4% above the close.
Change YTD: 53.73%
Volume: 2,285,800 shares. 3 month avg: 3,925,269 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 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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Progressive Corp (PGR)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 20 out of 60
Stock RS rank: 51 out of 559
9/22/22 close: $122.42
1 Month avg volatility: $2.49. Volatility stop (for downward breakout): $128.46 or 4.9% above the close.
Change YTD: 19.26%
Volume: 2,276,600 shares. 3 month avg: 3,017,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 08/18/2022 to 09/12/2022
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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Prudential Financial Inc (PRU)
Industry: Insurance (Life)
Industry RS rank: 13 out of 60
Stock RS rank: 374 out of 559
9/22/22 close: $90.98
1 Month avg volatility: $2.29. Volatility stop (for downward breakout): $97.45 or 7.1% above the close.
Change YTD: -15.95%
Volume: 2,374,200 shares. 3 month avg: 1,758,845 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 07/29/2022 to 09/12/2022
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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Rockwell Automation Inc (ROK)
Industry: Diversified Co.
Industry RS rank: 52 out of 60
Stock RS rank: 294 out of 559
9/22/22 close: $225.00
1 Month avg volatility: $6.41. Volatility stop (for downward breakout): $243.69 or 8.3% above the close.
Change YTD: -35.50%
Volume: 1,067,900 shares. 3 month avg: 619,245 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 09/06/2022 to 09/12/2022
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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Schlumberger Limited (SLB)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 57 out of 60
Stock RS rank: 207 out of 559
9/22/22 close: $38.23
1 Month avg volatility: $1.36. Volatility stop (for upward breakout): $35.12 or 8.1% below the close.
Change YTD: 27.65%
Volume: 12,837,300 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: Triangle, symmetrical continuation pattern from 08/17/2022 to 09/22/2022
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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ServiceNow Inc (NOW)
Industry: IT Services
Industry RS rank: 19 out of 60
Stock RS rank: 474 out of 559
9/22/22 close: $386.97
1 Month avg volatility: $13.90. Volatility stop (for downward breakout): $432.25 or 11.7% above the close.
Change YTD: -40.38%
Volume: 2,405,200 shares. 3 month avg: 1,411,754 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 09/06/2022 to 09/12/2022
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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Southern Company (SO)
Industry: Electric Utility (East)
Industry RS rank: 6 out of 60
Stock RS rank: 38 out of 559
9/22/22 close: $75.94
1 Month avg volatility: $1.37. Volatility stop (for downward breakout): $79.28 or 4.4% above the close.
Change YTD: 10.73%
Volume: 2,824,200 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: Double Top, Adam and Eve reversal pattern from 08/19/2022 to 09/12/2022
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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Southwestern Energy Company (SWN)
Industry: Natural Gas (Diversified)
Industry RS rank: 2 out of 60
Stock RS rank: 25 out of 559
9/22/22 close: $6.78
1 Month avg volatility: $0.38. Volatility stop (for downward breakout): $8.04 or 18.6% above the close.
Change YTD: 45.49%
Volume: 24,523,500 shares. 3 month avg: 16,683,949 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 08/23/2022 to 09/14/2022
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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Teleflex Inc (TFX)
Industry: Diversified Co.
Industry RS rank: 52 out of 60
Stock RS rank: 497 out of 559
9/22/22 close: $211.88
1 Month avg volatility: $6.28. Volatility stop (for downward breakout): $225.59 or 6.5% above the close.
Change YTD: -35.50%
Volume: 379,100 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: Pipe top reversal pattern from 09/06/2022 to 09/12/2022
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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Valmont Industries Inc. (VMI)
Industry: Metal Fabricating
Industry RS rank: 9 out of 60
Stock RS rank: 42 out of 559
9/22/22 close: $265.50
1 Month avg volatility: $6.24. Volatility stop (for downward breakout): $280.77 or 5.8% above the close.
Change YTD: 5.99%
Volume: 102,200 shares. 3 month avg: 117,540 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 Top, Eve and Adam reversal pattern from 08/16/2022 to 09/12/2022
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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Williams Companies Inc. (WMB)
Industry: Natural Gas (Distributor)
Industry RS rank: 8 out of 60
Stock RS rank: 150 out of 559
9/22/22 close: $31.16
1 Month avg volatility: $0.79. Volatility stop (for downward breakout): $33.43 or 7.3% above the close.
Change YTD: 19.66%
Volume: 4,898,900 shares. 3 month avg: 4,990,974 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 07/29/2022 to 09/12/2022
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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iShares US Medical devices index fund (IHI)
Industry: Medical Supplies
Industry RS rank: 49 out of 60
Stock RS rank: 301 out of 559
9/22/22 close: $48.29
1 Month avg volatility: $1.02. Volatility stop (for downward breakout): $51.05 or 5.7% above the close.
Change YTD: -26.67%
Volume: 860,800 shares. 3 month avg: 82,220 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 09/06/2022 to 09/12/2022
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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