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  
  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 04/19/2024
  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  
  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.
 
Acuity Brands, Inc (AYI)
Industry: Furn/Home Furnishings
Industry RS rank: 21 out of 60
Stock RS rank: 129 out of 554
10/6/22 close: $164.34
1 Month avg volatility: $5.45. Volatility stop (for upward breakout): $152.90 or 7.0% below the close.
Change YTD: -22.38%
Volume: 347,700 shares. 3 month avg: 670,414 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 09/19/2022 to 09/27/2022
Breakout 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.

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Apache Corp. (APA)
Industry: Petroleum (Producing)
Industry RS rank: 3 out of 60
Stock RS rank: 88 out of 554
10/6/22 close: $42.20
1 Month avg volatility: $1.83. Volatility stop (for downward breakout): $46.02 or 9.0% above the close.
Change YTD: 56.94%
Volume: 8,878,000 shares. 3 month avg: 7,966,826 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 Eve reversal pattern from 08/29/2022 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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Arch Capital Group Ltd (ACGL)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 20 out of 60
Stock RS rank: 102 out of 554
10/6/22 close: $48.00
1 Month avg volatility: $1.25. Volatility stop (for upward breakout): $45.17 or 5.9% below the close.
Change YTD: 7.99%
Volume: 2,501,900 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: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Beacon Roofing Supply Inc. (BECN)
Industry: Retail Building Supply
Industry RS rank: 13 out of 60
Stock RS rank: 75 out of 554
10/6/22 close: $58.94
1 Month avg volatility: $1.68. Volatility stop (for upward breakout): $55.33 or 6.1% below the close.
Change YTD: 2.77%
Volume: 432,700 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: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Charles River Labs Intl (CRL)
Industry: Biotechnology
Industry RS rank: 29 out of 60
Stock RS rank: 445 out of 554
10/6/22 close: $210.81
1 Month avg volatility: $7.65. Volatility stop (for upward breakout): $194.04 or 8.0% below the close.
Change YTD: -44.05%
Volume: 362,400 shares. 3 month avg: 379,248 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 09/19/2022 to 09/26/2022
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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Cincinnati Financial Corp (CINF)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 20 out of 60
Stock RS rank: 476 out of 554
10/6/22 close: $95.57
1 Month avg volatility: $2.30. Volatility stop (for upward breakout): $90.52 or 5.3% below the close.
Change YTD: -16.12%
Volume: 862,000 shares. 3 month avg: 534,966 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 Bottom, Adam and Adam reversal pattern from 09/26/2022 to 09/30/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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ConocoPhillips (COP)
Industry: Petroleum (Integrated)
Industry RS rank: 2 out of 60
Stock RS rank: 27 out of 554
10/6/22 close: $117.65
1 Month avg volatility: $3.64. Volatility stop (for downward breakout): $125.65 or 6.8% above the close.
Change YTD: 63.00%
Volume: 6,338,000 shares. 3 month avg: 6,156,062 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: Broadening top reversal pattern from 08/29/2022 to 10/06/2022
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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Crane Co (CR)
Industry: Diversified Co.
Industry RS rank: 55 out of 60
Stock RS rank: 167 out of 554
10/6/22 close: $96.12
1 Month avg volatility: $2.43. Volatility stop (for upward breakout): $89.49 or 6.9% below the close.
Change YTD: -5.51%
Volume: 176,300 shares. 3 month avg: 293,374 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 bottom reversal pattern from 09/19/2022 to 09/26/2022
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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CROCS Inc (CROX)
Industry: Shoe
Industry RS rank: 6 out of 60
Stock RS rank: 51 out of 554
10/6/22 close: $78.60
1 Month avg volatility: $3.86. Volatility stop (for upward breakout): $70.02 or 10.9% below the close.
Change YTD: -38.70%
Volume: 1,049,600 shares. 3 month avg: 1,230,068 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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: 19 out of 60
Stock RS rank: 13 out of 554
10/6/22 close: $44.48
1 Month avg volatility: $0.92. Volatility stop (for downward breakout): $47.06 or 5.8% above the close.
Change YTD: 21.13%
Volume: 137,700 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 09/12/2022 to 09/21/2022
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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Curtiss-Wright (CW)
Industry: Machinery
Industry RS rank: 10 out of 60
Stock RS rank: 105 out of 554
10/6/22 close: $148.59
1 Month avg volatility: $3.92. Volatility stop (for upward breakout): $139.82 or 5.9% below the close.
Change YTD: 7.15%
Volume: 141,800 shares. 3 month avg: 230,622 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 09/19/2022 to 09/26/2022
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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GameStop Corp (GME)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 48 out of 60
Stock RS rank: 493 out of 554
10/6/22 close: $25.99
1 Month avg volatility: $1.83. Volatility stop (for upward breakout): $22.14 or 14.8% below the close.
Change YTD: -29.94%
Volume: 2,379,200 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 Monday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 09/07/2022 to 10/06/2022
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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Guess Inc. (GES)
Industry: Apparel
Industry RS rank: 45 out of 60
Stock RS rank: 465 out of 554
10/6/22 close: $15.83
1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $14.14 or 10.7% below the close.
Change YTD: -33.15%
Volume: 364,300 shares. 3 month avg: 1,269,442 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, Adam and Adam reversal pattern from 09/26/2022 to 09/30/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Hanover Insurance Group, The (THG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 20 out of 60
Stock RS rank: 217 out of 554
10/6/22 close: $134.32
1 Month avg volatility: $2.72. Volatility stop (for upward breakout): $127.38 or 5.2% below the close.
Change YTD: 2.49%
Volume: 120,700 shares. 3 month avg: 179,998 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 09/27/2022 to 10/03/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Hecla Mining Co. (HL)
Industry: Metals and Mining (Div.)
Industry RS rank: 41 out of 60
Stock RS rank: 473 out of 554
10/6/22 close: $4.48
1 Month avg volatility: $0.23. Volatility stop (for upward breakout): $3.86 or 13.8% below the close.
Change YTD: -14.18%
Volume: 5,364,000 shares. 3 month avg: 4,539,271 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 bottom reversal pattern from 08/22/2022 to 10/06/2022
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Hershey Company, The (HSY)
Industry: Food Processing
Industry RS rank: 9 out of 60
Stock RS rank: 115 out of 554
10/6/22 close: $220.65
1 Month avg volatility: $4.28. Volatility stop (for downward breakout): $235.05 or 6.5% above the close.
Change YTD: 14.05%
Volume: 749,000 shares. 3 month avg: 973,146 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: Broadening top, right-angled and ascending reversal pattern from 09/21/2022 to 10/06/2022
Breakout is downward 66% of the time.
Average decline: 15%.
Break-even failure rate: 20%.
Pullbacks occur 65% of the time.
Price hits measure rule target 32% of the time.

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IDEXX Laboratories, Inc (IDXX)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 33 out of 60
Stock RS rank: 505 out of 554
10/6/22 close: $346.02
1 Month avg volatility: $11.19. Volatility stop (for upward breakout): $322.61 or 6.8% below the close.
Change YTD: -47.45%
Volume: 274,200 shares. 3 month avg: 512,494 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 Bottom, Adam and Eve reversal pattern from 09/23/2022 to 10/03/2022
Breakout 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.

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Illumina Inc (ILMN)
Industry: Biotechnology
Industry RS rank: 29 out of 60
Stock RS rank: 518 out of 554
10/6/22 close: $212.72
1 Month avg volatility: $9.29. Volatility stop (for upward breakout): $191.95 or 9.8% below the close.
Change YTD: -44.09%
Volume: 1,551,500 shares. 3 month avg: 726,254 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 Bottom, Adam and Adam reversal pattern from 09/26/2022 to 10/03/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Infinera Corp. (INFN)
Industry: Telecom. Equipment
Industry RS rank: 27 out of 60
Stock RS rank: 497 out of 554
10/6/22 close: $5.34
1 Month avg volatility: $0.24. Volatility stop (for upward breakout): $4.77 or 10.7% below the close.
Change YTD: -44.32%
Volume: 1,447,500 shares. 3 month avg: 1,624,214 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 09/19/2022 to 09/26/2022
WARNING: A dead-cat bounce occurred on 08/03/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/02/2022 and a 38% chance by 02/01/2023.
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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Installed Building Products Inc (IBP)
Industry: Retail Building Supply
Industry RS rank: 13 out of 60
Stock RS rank: 44 out of 554
10/6/22 close: $89.58
1 Month avg volatility: $2.88. Volatility stop (for upward breakout): $81.69 or 8.8% below the close.
Change YTD: -35.89%
Volume: 81,200 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: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Integer Holdings Corp (ITGR)
Industry: Electronics
Industry RS rank: 19 out of 60
Stock RS rank: 466 out of 554
10/6/22 close: $55.28
1 Month avg volatility: $2.26. Volatility stop (for downward breakout): $68.52 or 24.0% above the close.
Change YTD: -35.41%
Volume: 1,153,400 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: Dead-cat bounce continuation pattern from 10/06/2022 to 10/06/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Intuit Inc (INTU)
Industry: Computer Software and Svcs
Industry RS rank: 46 out of 60
Stock RS rank: 300 out of 554
10/6/22 close: $411.32
1 Month avg volatility: $12.39. Volatility stop (for upward breakout): $382.44 or 7.0% below the close.
Change YTD: -36.05%
Volume: 1,278,000 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 Wednesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 09/23/2022 to 09/30/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Lennar Corp. Cl A (LEN)
Industry: Homebuilding
Industry RS rank: 12 out of 60
Stock RS rank: 71 out of 554
10/6/22 close: $80.16
1 Month avg volatility: $2.41. Volatility stop (for upward breakout): $74.31 or 7.3% below the close.
Change YTD: -30.99%
Volume: 2,454,300 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: Double Bottom, Eve and Eve reversal pattern from 09/14/2022 to 09/27/2022
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% 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: 33 out of 60
Stock RS rank: 59 out of 554
10/6/22 close: $332.95
1 Month avg volatility: $7.99. Volatility stop (for upward breakout): $310.89 or 6.6% below the close.
Change YTD: 20.54%
Volume: 4,266,700 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: Triple bottom reversal pattern from 08/08/2022 to 09/21/2022
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Loews Corp (L)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 20 out of 60
Stock RS rank: 319 out of 554
10/6/22 close: $52.15
1 Month avg volatility: $1.16. Volatility stop (for upward breakout): $49.80 or 4.5% below the close.
Change YTD: -9.71%
Volume: 806,100 shares. 3 month avg: 964,671 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 Adam reversal pattern from 09/26/2022 to 09/30/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Lowes Companies, Inc (LOW)
Industry: Retail Building Supply
Industry RS rank: 13 out of 60
Stock RS rank: 112 out of 554
10/6/22 close: $199.98
1 Month avg volatility: $5.02. Volatility stop (for upward breakout): $188.27 or 5.9% below the close.
Change YTD: -22.63%
Volume: 2,905,200 shares. 3 month avg: 6,401,252 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 09/23/2022 to 09/30/2022
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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MACOM Technology Solutions Holdings (MTSI)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 51 out of 60
Stock RS rank: 60 out of 554
10/6/22 close: $57.91
1 Month avg volatility: $1.65. Volatility stop (for upward breakout): $54.00 or 6.8% below the close.
Change YTD: -26.04%
Volume: 364,300 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: Triple bottom reversal pattern from 09/01/2022 to 09/30/2022
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Masco Corp. (MAS)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 17 out of 60
Stock RS rank: 113 out of 554
10/6/22 close: $50.58
1 Month avg volatility: $1.40. Volatility stop (for upward breakout): $47.00 or 7.1% below the close.
Change YTD: -27.97%
Volume: 1,361,600 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: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Materion Corp (MTRN)
Industry: Metals and Mining (Div.)
Industry RS rank: 41 out of 60
Stock RS rank: 86 out of 554
10/6/22 close: $84.33
1 Month avg volatility: $2.48. Volatility stop (for upward breakout): $79.12 or 6.2% below the close.
Change YTD: -8.28%
Volume: 83,400 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 Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Micron Technology (MU)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 51 out of 60
Stock RS rank: 435 out of 554
10/6/22 close: $54.62
1 Month avg volatility: $1.75. Volatility stop (for upward breakout): $49.80 or 8.8% below the close.
Change YTD: -41.36%
Volume: 17,088,700 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: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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National Oilwell Varco (NOV)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 34 out of 60
Stock RS rank: 124 out of 554
10/6/22 close: $18.97
1 Month avg volatility: $0.68. Volatility stop (for upward breakout): $16.84 or 11.2% below the close.
Change YTD: 40.00%
Volume: 3,842,400 shares. 3 month avg: 3,130,966 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: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Netflix, Inc (NFLX)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 58 out of 60
Stock RS rank: 502 out of 554
10/6/22 close: $240.02
1 Month avg volatility: $10.89. Volatility stop (for upward breakout): $212.12 or 11.6% below the close.
Change YTD: -60.16%
Volume: 9,149,200 shares. 3 month avg: 6,844,629 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: Rectangle top continuation pattern from 07/28/2022 to 10/06/2022
WARNING: A dead-cat bounce occurred on 04/20/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 10/19/2022.
Breakout is upward 68% of the time.
Average rise: 39%.
Break-even failure rate: 9%.
Throwbacks occur 64% of the time.
Price hits measure rule target 80% of the time.

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Occidental Petroleum Corp (OXY)
Industry: Petroleum (Producing)
Industry RS rank: 3 out of 60
Stock RS rank: 15 out of 554
10/6/22 close: $70.50
1 Month avg volatility: $2.18. Volatility stop (for upward breakout): $63.14 or 10.4% below the close.
Change YTD: 143.19%
Volume: 23,389,400 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 09/19/2022 to 09/26/2022
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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Omnicom Group (OMC)
Industry: Advertising
Industry RS rank: 56 out of 60
Stock RS rank: 318 out of 554
10/6/22 close: $65.80
1 Month avg volatility: $1.75. Volatility stop (for upward breakout): $61.94 or 5.9% below the close.
Change YTD: -10.20%
Volume: 1,324,400 shares. 3 month avg: 2,548,395 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, Eve and Adam reversal pattern from 09/26/2022 to 10/03/2022
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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Rambus Inc (RMBS)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 47 out of 60
Stock RS rank: 97 out of 554
10/6/22 close: $28.17
1 Month avg volatility: $0.80. Volatility stop (for upward breakout): $26.08 or 7.4% below the close.
Change YTD: -4.15%
Volume: 752,300 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 Bottom, Eve and Adam reversal pattern from 09/01/2022 to 09/23/2022
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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Reinsurance Group of America (RGA)
Industry: Insurance (Life)
Industry RS rank: 11 out of 60
Stock RS rank: 22 out of 554
10/6/22 close: $134.62
1 Month avg volatility: $2.88. Volatility stop (for upward breakout): $127.61 or 5.2% below the close.
Change YTD: 22.95%
Volume: 444,000 shares. 3 month avg: 326,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Robert Half International (RHI)
Industry: Human Resources
Industry RS rank: 23 out of 60
Stock RS rank: 464 out of 554
10/6/22 close: $79.58
1 Month avg volatility: $1.85. Volatility stop (for upward breakout): $74.36 or 6.6% below the close.
Change YTD: -28.64%
Volume: 1,056,600 shares. 3 month avg: 1,012,069 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 bottom reversal pattern from 09/19/2022 to 09/26/2022
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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RPC Inc (RES)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 34 out of 60
Stock RS rank: 439 out of 554
10/6/22 close: $8.16
1 Month avg volatility: $0.37. Volatility stop (for upward breakout): $7.12 or 12.8% below the close.
Change YTD: 79.74%
Volume: 676,700 shares. 3 month avg: 1,275,503 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Southern Copper (SCCO)
Industry: Metals and Mining (Div.)
Industry RS rank: 41 out of 60
Stock RS rank: 495 out of 554
10/6/22 close: $48.30
1 Month avg volatility: $1.47. Volatility stop (for upward breakout): $44.59 or 7.7% below the close.
Change YTD: -21.73%
Volume: 1,512,900 shares. 3 month avg: 1,021,280 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Southwestern Energy Company (SWN)
Industry: Natural Gas (Diversified)
Industry RS rank: 7 out of 60
Stock RS rank: 196 out of 554
10/6/22 close: $6.95
1 Month avg volatility: $0.36. Volatility stop (for downward breakout): $8.05 or 15.9% above the close.
Change YTD: 49.14%
Volume: 27,043,000 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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Surmodics, Inc (SRDX)
Industry: Medical Supplies
Industry RS rank: 54 out of 60
Stock RS rank: 431 out of 554
10/6/22 close: $31.63
1 Month avg volatility: $1.52. Volatility stop (for upward breakout): $28.59 or 9.6% below the close.
Change YTD: -34.31%
Volume: 15,500 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 bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Teva Pharmaceutical Industries (TEVA)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 33 out of 60
Stock RS rank: 260 out of 554
10/6/22 close: $8.66
1 Month avg volatility: $0.26. Volatility stop (for upward breakout): $8.14 or 6.0% below the close.
Change YTD: 8.11%
Volume: 10,068,300 shares. 3 month avg: 26,334,894 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: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Timken Co., The (TKR)
Industry: Metal Fabricating
Industry RS rank: 4 out of 60
Stock RS rank: 40 out of 554
10/6/22 close: $64.76
1 Month avg volatility: $1.90. Volatility stop (for upward breakout): $60.39 or 6.7% below the close.
Change YTD: -6.54%
Volume: 468,000 shares. 3 month avg: 853,643 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: Double Bottom, Adam and Adam reversal pattern from 09/23/2022 to 09/29/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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United Parcel Service (UPS)
Industry: Air Transport
Industry RS rank: 43 out of 60
Stock RS rank: 274 out of 554
10/6/22 close: $165.60
1 Month avg volatility: $4.05. Volatility stop (for upward breakout): $156.63 or 5.4% below the close.
Change YTD: -22.74%
Volume: 2,335,500 shares. 3 month avg: 2,659,363 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, Adam and Adam reversal pattern from 09/26/2022 to 10/03/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Valmont Industries Inc. (VMI)
Industry: Metal Fabricating
Industry RS rank: 4 out of 60
Stock RS rank: 16 out of 554
10/6/22 close: $289.72
1 Month avg volatility: $7.54. Volatility stop (for upward breakout): $271.58 or 6.3% below the close.
Change YTD: 15.66%
Volume: 78,400 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: Pipe bottom reversal pattern from 09/19/2022 to 09/26/2022
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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Vertex Pharmaceuticals (VRTX)
Industry: Biotechnology
Industry RS rank: 29 out of 60
Stock RS rank: 55 out of 554
10/6/22 close: $298.63
1 Month avg volatility: $7.73. Volatility stop (for downward breakout): $318.35 or 6.6% above the close.
Change YTD: 35.99%
Volume: 1,125,600 shares. 3 month avg: 1,548,174 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: Roof reversal pattern from 08/29/2022 to 09/26/2022
Breakout is downward 84% of the time.
Average decline: 16%.
Break-even failure rate: 13%.
Pullbacks occur 56% of the time.
Price hits measure rule target 68% of the time.

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