As of 04/19/2024   Indus: 37,986 +211.02 +0.6%     Trans: 15,084 +136.79 +0.9%     Utils: 876 +15.31 +1.8%     Nasdaq: 15,282 -319.49 -2.0%     S&P 500: 4,967 -43.89 -0.9%	YTD  +0.8%   -5.1%   -0.7%    +1.8%    +4.1%	Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/1/24

As of 04/19/2024   Indus: 37,986 +211.02 +0.6%     Trans: 15,084 +136.79 +0.9%     Utils: 876 +15.31 +1.8%     Nasdaq: 15,282 -319.49 -2.0%     S&P 500: 4,967 -43.89 -0.9%	YTD  +0.8%   -5.1%   -0.7%    +1.8%    +4.1%
Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/1/24

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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%.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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%.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

 

Support this site! Clicking any of the books (below) takes you to Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."

My Stock Market Books Invest for Two-Comma Wealth   Chart Patterns: After the Buy Encyclopedia of Chart Pattern, 3rd Edition Fundamental Analysis and Position Trading Getting Started in Chart Patterns, 2nd Edition Swing and Day Trading Trading Basics

My Novels Training Miles   Bumper's Story Head's Law Remember Me

Copyright © 2005-2024 by Thomas N. Bulkowski. All rights reserved.

Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.

Some pattern names are registered trademarks of their respective owners.

Home Advertise Contact Donate Privacy/Disclaimer ☰