As of 12/26/2024
  Indus: 43,326 +28.77 +0.1%  
  Trans: 16,104 +40.79 +0.3%  
  Utils: 992 -1.47 -0.1%  
  Nasdaq: 20,020 -10.77 -0.1%  
  S&P 500: 6,038 -2.45 0.0%  
YTD
 +15.0%  
 +1.3%  
 +12.5%  
 +33.4%  
 +26.6%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Up arrow16,700 or 15,500 by 01/15/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025
As of 12/26/2024
  Indus: 43,326 +28.77 +0.1%  
  Trans: 16,104 +40.79 +0.3%  
  Utils: 992 -1.47 -0.1%  
  Nasdaq: 20,020 -10.77 -0.1%  
  S&P 500: 6,038 -2.45 0.0%  
YTD
 +15.0%  
 +1.3%  
 +12.5%  
 +33.4%  
 +26.6%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Up arrow16,700 or 15,500 by 01/15/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025

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.
 
3M Company (MMM)
Industry: Diversified Co.
Industry RS rank: 24 out of 60
Stock RS rank: 454 out of 554
11/10/22 close: $129.15
1 Month avg volatility: $2.94. Volatility stop (for upward breakout): $121.00 or 6.3% below the close.
Change YTD: -27.29%
Volume: 3,141,500 shares. 3 month avg: 1,950,578 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Abbott Laboratories (ABT)
Industry: Medical Supplies
Industry RS rank: 48 out of 60
Stock RS rank: 325 out of 554
11/10/22 close: $104.23
1 Month avg volatility: $2.36. Volatility stop (for upward breakout): $97.41 or 6.5% below the close.
Change YTD: -25.94%
Volume: 5,856,300 shares. 3 month avg: 6,008,617 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 09/30/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Top

ADTRAN Inc (ADTN)
Industry: Telecom. Equipment
Industry RS rank: 49 out of 60
Stock RS rank: 168 out of 554
11/10/22 close: $19.42
1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $21.41 or 10.3% above the close.
Change YTD: -14.94%
Volume: 629,200 shares. 3 month avg: 348,746 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe top reversal pattern from 10/24/2022 to 10/31/2022
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.

Top

Akamai Technologies Inc (AKAM)
Industry: E-Commerce
Industry RS rank: 59 out of 60
Stock RS rank: 387 out of 554
11/10/22 close: $92.92
1 Month avg volatility: $2.49. Volatility stop (for upward breakout): $85.98 or 7.5% below the close.
Change YTD: -20.61%
Volume: 2,363,900 shares. 3 month avg: 2,185,974 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/04/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

American Eagle Outfitters Inc. (AEO)
Industry: Apparel
Industry RS rank: 38 out of 60
Stock RS rank: 462 out of 554
11/10/22 close: $11.77
1 Month avg volatility: $0.52. Volatility stop (for upward breakout): $10.32 or 12.3% below the close.
Change YTD: -53.52%
Volume: 7,621,500 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: Head-and-shoulders complex bottom reversal pattern from 09/26/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 39%.
Break-even failure rate: 4%.
Throwbacks occur 63% of the time.
Price hits measure rule target 74% of the time.

Top

American Equity Investment Life Holding (AEL)
Industry: Insurance (Life)
Industry RS rank: 21 out of 60
Stock RS rank: 265 out of 554
11/10/22 close: $34.75
1 Month avg volatility: $2.02. Volatility stop (for downward breakout): $39.85 or 14.7% above the close.
Change YTD: -10.71%
Volume: 750,100 shares. 3 month avg: 625,883 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: Dead-cat bounce continuation pattern from 11/08/2022 to 11/08/2022
Breakout is downward 67% of the time.
Average decline: 18%.

Top

American Woodmark Corp (AMWD)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 27 out of 60
Stock RS rank: 193 out of 554
11/10/22 close: $50.56
1 Month avg volatility: $2.28. Volatility stop (for upward breakout): $42.18 or 16.6% below the close.
Change YTD: -22.45%
Volume: 210,900 shares. 3 month avg: 141,992 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/20/2022 to 11/04/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Amphenol Corp (APH)
Industry: Electronics
Industry RS rank: 57 out of 60
Stock RS rank: 123 out of 554
11/10/22 close: $79.06
1 Month avg volatility: $2.02. Volatility stop (for upward breakout): $72.68 or 8.1% below the close.
Change YTD: -9.60%
Volume: 3,265,600 shares. 3 month avg: 1,207,969 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Atmos Energy Corp (ATO)
Industry: Natural Gas (Diversified)
Industry RS rank: 34 out of 60
Stock RS rank: 306 out of 554
11/10/22 close: $111.80
1 Month avg volatility: $2.56. Volatility stop (for upward breakout): $101.54 or 9.2% below the close.
Change YTD: 6.71%
Volume: 1,688,900 shares. 3 month avg: 444,800 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/07/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Berry Global Group Inc (BERY)
Industry: Packaging and Container
Industry RS rank: 56 out of 60
Stock RS rank: 331 out of 554
11/10/22 close: $51.96
1 Month avg volatility: $1.44. Volatility stop (for upward breakout): $47.89 or 7.8% below the close.
Change YTD: -29.57%
Volume: 901,400 shares. 3 month avg: 894,866 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 bottom reversal pattern from 09/27/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Top

Bio-Rad Laboratories (BIO)
Industry: Medical Supplies
Industry RS rank: 48 out of 60
Stock RS rank: 440 out of 554
11/10/22 close: $427.58
1 Month avg volatility: $16.01. Volatility stop (for upward breakout): $387.76 or 9.3% below the close.
Change YTD: -43.41%
Volume: 427,300 shares. 3 month avg: 180,103 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 10/24/2022 to 10/31/2022
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.

Top

BioMarin Pharmaceutical Inc (BMRN)
Industry: Biotechnology
Industry RS rank: 7 out of 60
Stock RS rank: 176 out of 554
11/10/22 close: $83.32
1 Month avg volatility: $2.37. Volatility stop (for upward breakout): $77.74 or 6.7% below the close.
Change YTD: -5.69%
Volume: 1,124,900 shares. 3 month avg: 1,330,032 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: Ugly double bottom reversal pattern from 09/26/2022 to 10/11/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Booking Holdings (BKNG)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 44 out of 60
Stock RS rank: 394 out of 554
11/10/22 close: $1,946.51
1 Month avg volatility: $64.96. Volatility stop (for upward breakout): $1,786.48 or 8.2% below the close.
Change YTD: -18.87%
Volume: 515,100 shares. 3 month avg: 441,478 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/02/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Builders FirstSource, Inc (BLDR)
Industry: Retail Building Supply
Industry RS rank: 22 out of 60
Stock RS rank: 251 out of 554
11/10/22 close: $65.08
1 Month avg volatility: $3.03. Volatility stop (for upward breakout): $54.89 or 15.7% below the close.
Change YTD: -24.07%
Volume: 3,253,200 shares. 3 month avg: 1,257,223 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: Triangle, symmetrical continuation pattern from 09/26/2022 to 11/09/2022
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.

Top

Bunge Ltd (BG)
Industry: Food Processing
Industry RS rank: 15 out of 60
Stock RS rank: 402 out of 554
11/10/22 close: $102.19
1 Month avg volatility: $3.32. Volatility stop (for upward breakout): $94.18 or 7.8% below the close.
Change YTD: 9.46%
Volume: 1,467,100 shares. 3 month avg: 1,268,517 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: Rounding bottom continuation pattern from 08/29/2022 to 11/08/2022
Breakout is upward 100% of the time.
Average rise: 43%.
Break-even failure rate: 5%.
Throwbacks occur 40% of the time.
Price hits measure rule target 57% of the time.

Top

Celanese Corp (CE)
Industry: Chemical (Basic)
Industry RS rank: 55 out of 60
Stock RS rank: 519 out of 554
11/10/22 close: $104.29
1 Month avg volatility: $3.60. Volatility stop (for upward breakout): $89.40 or 14.3% below the close.
Change YTD: -37.94%
Volume: 2,265,300 shares. 3 month avg: 691,697 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Horn bottom reversal pattern from 09/26/2022 to 10/10/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

Top

Centerpoint Energy (CNP)
Industry: Electric Utility (Central)
Industry RS rank: 52 out of 60
Stock RS rank: 360 out of 554
11/10/22 close: $29.40
1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $27.40 or 6.8% below the close.
Change YTD: 5.34%
Volume: 3,638,400 shares. 3 month avg: 2,845,400 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/13/2022 to 11/07/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Cincinnati Financial Corp (CINF)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 23 out of 60
Stock RS rank: 471 out of 554
11/10/22 close: $107.55
1 Month avg volatility: $2.88. Volatility stop (for upward breakout): $97.86 or 9.0% below the close.
Change YTD: -5.60%
Volume: 986,700 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: Ugly double bottom reversal pattern from 09/26/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Comtech Telecommunications Corp (CMTL)
Industry: Telecom. Equipment
Industry RS rank: 49 out of 60
Stock RS rank: 428 out of 554
11/10/22 close: $10.87
1 Month avg volatility: $0.50. Volatility stop (for upward breakout): $9.78 or 10.1% below the close.
Change YTD: -54.12%
Volume: 109,000 shares. 3 month avg: 255,535 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 10/17/2022 to 10/24/2022
WARNING: A dead-cat bounce occurred on 06/10/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 12/09/2022.
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.

Top

Costco Wholesale Corp (COST)
Industry: Retail Store
Industry RS rank: 36 out of 60
Stock RS rank: 231 out of 554
11/10/22 close: $513.13
1 Month avg volatility: $13.01. Volatility stop (for upward breakout): $475.38 or 7.4% below the close.
Change YTD: -9.61%
Volume: 3,092,000 shares. 3 month avg: 3,225,345 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/07/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Coty (COTY)
Industry: Toiletries/Cosmetics
Industry RS rank: 60 out of 60
Stock RS rank: 111 out of 554
11/10/22 close: $7.32
1 Month avg volatility: $0.30. Volatility stop (for upward breakout): $6.40 or 12.5% below the close.
Change YTD: -30.29%
Volume: 10,740,300 shares. 3 month avg: 5,764,371 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: Big W reversal pattern from 09/30/2022 to 10/24/2022
Breakout is upward 71% of the time.
Average rise: 31%.
Break-even failure rate: 11%.
Throwbacks occur 32% of the time.
Price hits measure rule target 42% of the time.

Top

CROCS Inc (CROX)
Industry: Shoe
Industry RS rank: 3 out of 60
Stock RS rank: 4 out of 554
11/10/22 close: $92.36
1 Month avg volatility: $5.21. Volatility stop (for downward breakout): $102.86 or 11.4% above the close.
Change YTD: -27.97%
Volume: 2,530,400 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: Diamond top reversal pattern from 10/04/2022 to 10/26/2022
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

Top

Danaher Corp (DHR)
Industry: Precision Instrument
Industry RS rank: 20 out of 60
Stock RS rank: 143 out of 554
11/10/22 close: $267.87
1 Month avg volatility: $8.07. Volatility stop (for upward breakout): $241.00 or 10.0% below the close.
Change YTD: -18.58%
Volume: 3,258,900 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: Big W reversal pattern from 10/21/2022 to 11/03/2022
Breakout is upward 71% of the time.
Average rise: 31%.
Break-even failure rate: 11%.
Throwbacks occur 32% of the time.
Price hits measure rule target 42% of the time.

Top

Deckers Outdoor Corp (DECK)
Industry: Shoe
Industry RS rank: 3 out of 60
Stock RS rank: 11 out of 554
11/10/22 close: $350.74
1 Month avg volatility: $14.66. Volatility stop (for downward breakout): $384.87 or 9.7% above the close.
Change YTD: -4.25%
Volume: 500,600 shares. 3 month avg: 637,325 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: Diamond top reversal pattern from 10/18/2022 to 11/01/2022
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

Top

Dominion Resources Inc. (D)
Industry: Electric Utility (East)
Industry RS rank: 50 out of 60
Stock RS rank: 516 out of 554
11/10/22 close: $62.37
1 Month avg volatility: $1.82. Volatility stop (for downward breakout): $66.37 or 6.4% above the close.
Change YTD: -20.61%
Volume: 8,551,900 shares. 3 month avg: 2,249,422 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 10/24/2022 to 10/31/2022
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.

Top

Duke Energy Corp (DUK)
Industry: Electric Utility (East)
Industry RS rank: 50 out of 60
Stock RS rank: 451 out of 554
11/10/22 close: $97.10
1 Month avg volatility: $2.31. Volatility stop (for upward breakout): $89.64 or 7.7% below the close.
Change YTD: -7.44%
Volume: 3,578,200 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/07/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Equifax Inc (EFX)
Industry: Information Services
Industry RS rank: 19 out of 60
Stock RS rank: 335 out of 554
11/10/22 close: $187.81
1 Month avg volatility: $5.86. Volatility stop (for upward breakout): $161.56 or 14.0% below the close.
Change YTD: -35.86%
Volume: 1,685,600 shares. 3 month avg: 3,458,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/21/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

EZCorp Inc (EZPW)
Industry: Financial Services
Industry RS rank: 28 out of 60
Stock RS rank: 25 out of 554
11/10/22 close: $9.73
1 Month avg volatility: $0.30. Volatility stop (for upward breakout): $8.79 or 9.6% below the close.
Change YTD: 32.02%
Volume: 554,700 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: Cup with handle continuation pattern from 08/16/2022 to 11/10/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 5%.
Throwbacks occur 58% of the time.
Price hits measure rule target 50% of the time.

Top

Fair Isaac Corp (FICO)
Industry: IT Services
Industry RS rank: 10 out of 60
Stock RS rank: 5 out of 554
11/10/22 close: $581.78
1 Month avg volatility: $17.89. Volatility stop (for upward breakout): $482.49 or 17.1% below the close.
Change YTD: 34.15%
Volume: 844,200 shares. 3 month avg: 162,437 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/07/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Harmonic Inc (HLIT)
Industry: Telecom. Equipment
Industry RS rank: 49 out of 60
Stock RS rank: 10 out of 554
11/10/22 close: $13.55
1 Month avg volatility: $0.63. Volatility stop (for downward breakout): $15.08 or 11.3% above the close.
Change YTD: 15.22%
Volume: 1,511,200 shares. 3 month avg: 585,235 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 10/24/2022 to 10/31/2022
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.

Top

Hawaiian Electric Industries, Inc. (HE)
Industry: Electric Utility (West)
Industry RS rank: 47 out of 60
Stock RS rank: 378 out of 554
11/10/22 close: $39.81
1 Month avg volatility: $0.96. Volatility stop (for upward breakout): $36.35 or 8.7% below the close.
Change YTD: -4.07%
Volume: 358,500 shares. 3 month avg: 463,472 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/13/2022 to 11/07/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Hologic Inc (HOLX)
Industry: Medical Supplies
Industry RS rank: 48 out of 60
Stock RS rank: 262 out of 554
11/10/22 close: $75.00
1 Month avg volatility: $2.07. Volatility stop (for upward breakout): $69.53 or 7.3% below the close.
Change YTD: -2.04%
Volume: 1,469,800 shares. 3 month avg: 3,130,522 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 bottom reversal pattern from 09/23/2022 to 10/21/2022
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Top

Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 16 out of 60
Stock RS rank: 184 out of 554
11/10/22 close: $44.49
1 Month avg volatility: $2.83. Volatility stop (for upward breakout): $33.58 or 24.5% below the close.
Change YTD: -65.05%
Volume: 207,900 shares. 3 month avg: 1,539,280 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 10/17/2022 to 10/24/2022
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.

Top

Intel Corporation (INTC)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 42 out of 60
Stock RS rank: 528 out of 554
11/10/22 close: $29.76
1 Month avg volatility: $1.03. Volatility stop (for upward breakout): $26.59 or 10.6% below the close.
Change YTD: -42.21%
Volume: 60,414,800 shares. 3 month avg: 27,019,903 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Invitae Corp (NVTA)
Industry: Medical Services
Industry RS rank: 29 out of 60
Stock RS rank: 467 out of 554
11/10/22 close: $3.11
1 Month avg volatility: $0.31. Volatility stop (for upward breakout): $1.83 or 41.3% below the close.
Change YTD: -79.63%
Volume: 31,275,100 shares. 3 month avg: 321,822 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 bottom reversal pattern from 09/27/2022 to 11/09/2022
WARNING: A dead-cat bounce occurred on 08/11/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 02/09/2023.
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Top

Jack Henry and Associates (JKHY)
Industry: IT Services
Industry RS rank: 10 out of 60
Stock RS rank: 316 out of 554
11/10/22 close: $175.75
1 Month avg volatility: $5.02. Volatility stop (for downward breakout): $191.28 or 8.8% above the close.
Change YTD: 5.25%
Volume: 1,009,400 shares. 3 month avg: 543,437 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 04/06/2022 to 10/28/2022
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

Kimball International, Inc. (KBAL)
Industry: Furn/Home Furnishings
Industry RS rank: 18 out of 60
Stock RS rank: 463 out of 554
11/10/22 close: $7.54
1 Month avg volatility: $0.26. Volatility stop (for upward breakout): $6.77 or 10.3% below the close.
Change YTD: -26.30%
Volume: 111,200 shares. 3 month avg: 102,372 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Kulicke and Soffa (KLIC)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 26 out of 60
Stock RS rank: 420 out of 554
11/10/22 close: $46.25
1 Month avg volatility: $1.64. Volatility stop (for upward breakout): $41.73 or 9.8% below the close.
Change YTD: -23.60%
Volume: 1,210,600 shares. 3 month avg: 518,337 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Labratory Corp of America (LH)
Industry: Medical Services
Industry RS rank: 29 out of 60
Stock RS rank: 264 out of 554
11/10/22 close: $243.07
1 Month avg volatility: $6.75. Volatility stop (for upward breakout): $222.93 or 8.3% below the close.
Change YTD: -22.64%
Volume: 954,300 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: Head-and-shoulders complex bottom reversal pattern from 09/27/2022 to 10/27/2022
Breakout is upward 100% of the time.
Average rise: 39%.
Break-even failure rate: 4%.
Throwbacks occur 63% of the time.
Price hits measure rule target 74% of the time.

Top

Lennar Corp. Cl A (LEN)
Industry: Homebuilding
Industry RS rank: 16 out of 60
Stock RS rank: 66 out of 554
11/10/22 close: $88.40
1 Month avg volatility: $3.25. Volatility stop (for upward breakout): $77.76 or 12.0% below the close.
Change YTD: -23.90%
Volume: 4,934,400 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: Ugly double bottom reversal pattern from 10/21/2022 to 11/09/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Loews Corp (L)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 23 out of 60
Stock RS rank: 434 out of 554
11/10/22 close: $56.59
1 Month avg volatility: $1.23. Volatility stop (for downward breakout): $59.10 or 4.4% above the close.
Change YTD: -2.03%
Volume: 767,400 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: Pipe top reversal pattern from 10/24/2022 to 10/31/2022
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.

Top

Lowes Companies, Inc (LOW)
Industry: Retail Building Supply
Industry RS rank: 22 out of 60
Stock RS rank: 192 out of 554
11/10/22 close: $204.32
1 Month avg volatility: $6.33. Volatility stop (for upward breakout): $182.63 or 10.6% below the close.
Change YTD: -20.95%
Volume: 4,808,900 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 Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 10/21/2022 to 11/04/2022
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.

Top

Mastercard Inc (MA)
Industry: Financial Services
Industry RS rank: 28 out of 60
Stock RS rank: 248 out of 554
11/10/22 close: $337.27
1 Month avg volatility: $8.77. Volatility stop (for upward breakout): $311.63 or 7.6% below the close.
Change YTD: -6.14%
Volume: 3,247,200 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Network Appliance (NTAP)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 51 out of 60
Stock RS rank: 252 out of 554
11/10/22 close: $71.91
1 Month avg volatility: $2.00. Volatility stop (for upward breakout): $66.12 or 8.1% below the close.
Change YTD: -21.83%
Volume: 1,526,800 shares. 3 month avg: 2,986,022 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

NextEra Energy Inc (NEE)
Industry: Electric Utility (East)
Industry RS rank: 50 out of 60
Stock RS rank: 106 out of 554
11/10/22 close: $83.20
1 Month avg volatility: $2.38. Volatility stop (for upward breakout): $75.19 or 9.6% below the close.
Change YTD: -10.88%
Volume: 9,245,700 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: Ugly double bottom reversal pattern from 10/20/2022 to 11/07/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Patrick Industries Inc (PATK)
Industry: Retail Building Supply
Industry RS rank: 22 out of 60
Stock RS rank: 482 out of 554
11/10/22 close: $53.28
1 Month avg volatility: $1.95. Volatility stop (for upward breakout): $45.87 or 13.9% below the close.
Change YTD: -33.97%
Volume: 360,200 shares. 3 month avg: 94,083 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/19/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Patterson Companies Inc. (PDCO)
Industry: Medical Supplies
Industry RS rank: 48 out of 60
Stock RS rank: 392 out of 554
11/10/22 close: $28.58
1 Month avg volatility: $0.91. Volatility stop (for downward breakout): $30.53 or 6.8% above the close.
Change YTD: -2.62%
Volume: 556,800 shares. 3 month avg: 1,885,975 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: Broadening top reversal pattern from 10/18/2022 to 11/07/2022
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.

Top

Procter and Gamble Co (PG)
Industry: Household Products
Industry RS rank: 53 out of 60
Stock RS rank: 408 out of 554
11/10/22 close: $141.18
1 Month avg volatility: $2.42. Volatility stop (for upward breakout): $133.36 or 5.5% below the close.
Change YTD: -13.69%
Volume: 7,999,000 shares. 3 month avg: 7,163,346 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/10/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Pulte Homes Inc. (PHM)
Industry: Homebuilding
Industry RS rank: 16 out of 60
Stock RS rank: 198 out of 554
11/10/22 close: $43.78
1 Month avg volatility: $1.64. Volatility stop (for upward breakout): $37.75 or 13.8% below the close.
Change YTD: -23.41%
Volume: 4,630,800 shares. 3 month avg: 4,812,565 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Head-and-shoulders complex bottom reversal pattern from 09/27/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 39%.
Break-even failure rate: 4%.
Throwbacks occur 63% of the time.
Price hits measure rule target 74% of the time.

Top

Quaker Chemical (KWR)
Industry: Chemical (Specialty)
Industry RS rank: 25 out of 60
Stock RS rank: 32 out of 554
11/10/22 close: $193.91
1 Month avg volatility: $9.08. Volatility stop (for upward breakout): $167.04 or 13.9% below the close.
Change YTD: -15.98%
Volume: 85,100 shares. 3 month avg: 69,343 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

S and P 500 (^GSPC)
Industry: None
Industry RS rank: 46 out of 60
11/10/22 close: $3,956.37
1 Month avg volatility: $79.86. Volatility stop (for upward breakout): $3,700.16 or 6.5% below the close.
Change YTD: -16.99%
Volume: 0 shares. 3 month avg: 464,998,597 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

SAIA Inc (SAIA)
Industry: Trucking/Transp. Leasing
Industry RS rank: 14 out of 60
Stock RS rank: 105 out of 554
11/10/22 close: $245.01
1 Month avg volatility: $11.62. Volatility stop (for upward breakout): $204.79 or 16.4% below the close.
Change YTD: -27.30%
Volume: 537,400 shares. 3 month avg: 163,825 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 Adam reversal pattern from 10/21/2022 to 11/03/2022
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.

Top

Standex International Corp (SXI)
Industry: Diversified Co.
Industry RS rank: 24 out of 60
Stock RS rank: 131 out of 554
11/10/22 close: $103.66
1 Month avg volatility: $2.87. Volatility stop (for upward breakout): $96.11 or 7.3% below the close.
Change YTD: -6.33%
Volume: 52,100 shares. 3 month avg: 37,109 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Rounding bottom continuation pattern from 08/16/2022 to 11/09/2022
Breakout is upward 100% of the time.
Average rise: 43%.
Break-even failure rate: 5%.
Throwbacks occur 40% of the time.
Price hits measure rule target 57% of the time.

Top

Summit Materials Inc (SUM)
Industry: Cement and Aggregates
Industry RS rank: 13 out of 60
Stock RS rank: 96 out of 554
11/10/22 close: $29.42
1 Month avg volatility: $1.06. Volatility stop (for upward breakout): $26.33 or 10.5% below the close.
Change YTD: -26.71%
Volume: 1,089,500 shares. 3 month avg: 1,204,178 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/11/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Synopsys Inc (SNPS)
Industry: Computer Software and Svcs
Industry RS rank: 39 out of 60
Stock RS rank: 80 out of 554
11/10/22 close: $318.76
1 Month avg volatility: $10.05. Volatility stop (for upward breakout): $286.08 or 10.3% below the close.
Change YTD: -13.50%
Volume: 1,265,600 shares. 3 month avg: 998,728 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 10/13/2022 to 11/04/2022
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.

Top

Tapestry Inc (TPR)
Industry: Apparel
Industry RS rank: 38 out of 60
Stock RS rank: 75 out of 554
11/10/22 close: $32.54
1 Month avg volatility: $1.41. Volatility stop (for upward breakout): $26.84 or 17.5% below the close.
Change YTD: -19.85%
Volume: 6,719,700 shares. 3 month avg: 3,145,718 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 09/30/2022 to 10/13/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Teradyne Inc. (TER)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 26 out of 60
Stock RS rank: 405 out of 554
11/10/22 close: $93.33
1 Month avg volatility: $3.44. Volatility stop (for upward breakout): $81.82 or 12.3% below the close.
Change YTD: -42.93%
Volume: 2,442,500 shares. 3 month avg: 2,362,042 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Travelzoo Inc. (TZOO)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 44 out of 60
Stock RS rank: 485 out of 554
11/10/22 close: $5.40
1 Month avg volatility: $0.30. Volatility stop (for upward breakout): $4.66 or 13.8% below the close.
Change YTD: -42.68%
Volume: 27,900 shares. 3 month avg: 22,411 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 Tuesday.
 
Chart pattern: Horn bottom reversal pattern from 10/03/2022 to 10/17/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

Top

Veeva Systems Inc (VEEV)
Industry: Healthcare Information
Industry RS rank: 35 out of 60
Stock RS rank: 116 out of 554
11/10/22 close: $187.79
1 Month avg volatility: $6.44. Volatility stop (for upward breakout): $166.29 or 11.5% below the close.
Change YTD: -26.50%
Volume: 1,387,400 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 09/26/2022 to 11/03/2022
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Top

Waters Corp (WAT)
Industry: Precision Instrument
Industry RS rank: 20 out of 60
Stock RS rank: 219 out of 554
11/10/22 close: $331.85
1 Month avg volatility: $9.56. Volatility stop (for upward breakout): $302.49 or 8.9% below the close.
Change YTD: -10.94%
Volume: 394,400 shares. 3 month avg: 398,726 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 09/30/2022 to 10/13/2022
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.

Top

Watsco, Inc (WSO)
Industry: Retail Building Supply
Industry RS rank: 22 out of 60
Stock RS rank: 144 out of 554
11/10/22 close: $281.51
1 Month avg volatility: $9.55. Volatility stop (for upward breakout): $245.96 or 12.6% below the close.
Change YTD: -10.03%
Volume: 483,400 shares. 3 month avg: 222,320 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: Ugly double bottom reversal pattern from 10/20/2022 to 11/09/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Westlake Chemical Corp (WLK)
Industry: Chemical (Basic)
Industry RS rank: 55 out of 60
Stock RS rank: 492 out of 554
11/10/22 close: $106.15
1 Month avg volatility: $3.77. Volatility stop (for upward breakout): $92.38 or 13.0% below the close.
Change YTD: 9.29%
Volume: 1,113,800 shares. 3 month avg: 812,517 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe 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.

Top

Wolverine World Wide (WWW)
Industry: Shoe
Industry RS rank: 3 out of 60
Stock RS rank: 527 out of 554
11/10/22 close: $11.96
1 Month avg volatility: $0.84. Volatility stop (for downward breakout): $14.69 or 22.8% above the close.
Change YTD: -58.49%
Volume: 3,458,200 shares. 3 month avg: 772,149 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Dead-cat bounce continuation pattern from 11/09/2022 to 11/09/2022
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Xcel Energy, Inc (XEL)
Industry: Electric Utility (West)
Industry RS rank: 47 out of 60
Stock RS rank: 399 out of 554
11/10/22 close: $69.11
1 Month avg volatility: $1.63. Volatility stop (for upward breakout): $63.31 or 8.4% below the close.
Change YTD: 2.08%
Volume: 4,589,200 shares. 3 month avg: 3,202,808 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/13/2022 to 11/07/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

iShares PHLX SOX Semiconductor Sector (SOXX)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 42 out of 60
Stock RS rank: 383 out of 554
11/10/22 close: $366.94
1 Month avg volatility: $11.94. Volatility stop (for upward breakout): $324.75 or 11.5% below the close.
Change YTD: -32.34%
Volume: 1,778,700 shares. 3 month avg: 570,480 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 10/10/2022 to 10/17/2022
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.

Top

 

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
My Novels

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 Privacy/Disclaimer