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.
 
Advanced Micro Devices, Inc (AMD)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 41 out of 60
Stock RS rank: 516 out of 553
12/8/22 close: $70.47
1 Month avg volatility: $3.05. Volatility stop (for downward breakout): $77.33 or 9.7% above the close.
Change YTD: -51.03%
Volume: 56,569,900 shares. 3 month avg: 61,894,658 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: Triple top reversal pattern from 11/15/2022 to 12/01/2022
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.

Top

Akamai Technologies Inc (AKAM)
Industry: E-Commerce
Industry RS rank: 60 out of 60
Stock RS rank: 397 out of 553
12/8/22 close: $89.93
1 Month avg volatility: $2.10. Volatility stop (for upward breakout): $84.99 or 5.5% below the close.
Change YTD: -23.16%
Volume: 1,285,600 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: Pipe bottom reversal pattern from 10/31/2022 to 11/07/2022
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

Alaska Air Group, Inc (ALK)
Industry: Air Transport
Industry RS rank: 49 out of 60
Stock RS rank: 358 out of 553
12/8/22 close: $44.06
1 Month avg volatility: $1.10. Volatility stop (for downward breakout): $47.24 or 7.2% above the close.
Change YTD: -15.43%
Volume: 1,215,300 shares. 3 month avg: 1,966,126 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, Eve and Eve reversal pattern from 11/15/2022 to 12/01/2022
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.

Top

Albemarle Corp. (ALB)
Industry: Chemical (Diversified)
Industry RS rank: 25 out of 60
Stock RS rank: 214 out of 553
12/8/22 close: $256.03
1 Month avg volatility: $12.26. Volatility stop (for downward breakout): $288.19 or 12.6% above the close.
Change YTD: 9.52%
Volume: 1,405,500 shares. 3 month avg: 1,363,352 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 11/07/2022 to 11/14/2022
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

Apogee Enterprises (APOG)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 43 out of 60
Stock RS rank: 121 out of 553
12/8/22 close: $46.29
1 Month avg volatility: $1.24. Volatility stop (for downward breakout): $48.94 or 5.7% above the close.
Change YTD: -3.86%
Volume: 96,400 shares. 3 month avg: 243,183 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: Head-and-shoulders top reversal pattern from 11/11/2022 to 12/01/2022
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

Archer-Daniels-Midland Co (ADM)
Industry: Food Processing
Industry RS rank: 1 out of 60
Stock RS rank: 178 out of 553
12/8/22 close: $92.40
1 Month avg volatility: $2.34. Volatility stop (for downward breakout): $98.83 or 7.0% above the close.
Change YTD: 36.71%
Volume: 1,951,600 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: Double Top, Eve and Eve reversal pattern from 11/04/2022 to 11/23/2022
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.

Top

Avery Dennison Corp (AVY)
Industry: Packaging and Container
Industry RS rank: 45 out of 60
Stock RS rank: 223 out of 553
12/8/22 close: $179.22
1 Month avg volatility: $4.82. Volatility stop (for downward breakout): $202.70 or 13.1% above the close.
Change YTD: -17.25%
Volume: 1,344,600 shares. 3 month avg: 661,129 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 11/25/2022 to 12/07/2022
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

Avient (AVNT)
Industry: Chemical (Specialty)
Industry RS rank: 28 out of 60
Stock RS rank: 524 out of 553
12/8/22 close: $33.88
1 Month avg volatility: $1.24. Volatility stop (for upward breakout): $30.96 or 8.6% below the close.
Change YTD: -39.45%
Volume: 468,200 shares. 3 month avg: 523,769 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 11/03/2022 to 11/17/2022
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

BioMarin Pharmaceutical Inc (BMRN)
Industry: Biotechnology
Industry RS rank: 5 out of 60
Stock RS rank: 17 out of 553
12/8/22 close: $104.39
1 Month avg volatility: $2.49. Volatility stop (for upward breakout): $98.19 or 5.9% below the close.
Change YTD: 18.16%
Volume: 723,000 shares. 3 month avg: 1,330,032 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: Double Bottom, Adam and Eve reversal pattern from 09/26/2022 to 11/09/2022
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.

Top

Build-A-Bear Workshop Inc (BBW)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 12 out of 60
Stock RS rank: 19 out of 553
12/8/22 close: $26.01
1 Month avg volatility: $1.03. Volatility stop (for upward breakout): $23.16 or 11.0% below the close.
Change YTD: 33.25%
Volume: 353,300 shares. 3 month avg: 99,982 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 Friday.
 
Chart pattern: Flag, high and tight continuation pattern from 09/30/2022 to 12/08/2022
Breakout is upward 100% of the time.
Average rise: 69%.
Throwbacks occur 54% of the time.
Price hits measure rule target 90% of the time.

Top

Bunge Ltd (BG)
Industry: Food Processing
Industry RS rank: 1 out of 60
Stock RS rank: 434 out of 553
12/8/22 close: $96.36
1 Month avg volatility: $3.04. Volatility stop (for downward breakout): $103.08 or 7.0% above the close.
Change YTD: 3.21%
Volume: 1,147,800 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: Double Top, Eve and Adam reversal pattern from 11/08/2022 to 11/30/2022
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.

Top

Cemex SA de CV (CX)
Industry: Cement and Aggregates
Industry RS rank: 10 out of 60
Stock RS rank: 251 out of 553
12/8/22 close: $4.21
1 Month avg volatility: $0.14. Volatility stop (for downward breakout): $4.57 or 8.5% above the close.
Change YTD: -37.91%
Volume: 4,783,900 shares. 3 month avg: 9,928,860 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: Triple top reversal pattern from 11/15/2022 to 12/01/2022
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.

Top

Chevron Corp (CVX)
Industry: Petroleum (Integrated)
Industry RS rank: 47 out of 60
Stock RS rank: 299 out of 553
12/8/22 close: $173.54
1 Month avg volatility: $4.02. Volatility stop (for downward breakout): $184.45 or 6.3% above the close.
Change YTD: 47.88%
Volume: 7,947,500 shares. 3 month avg: 5,172,805 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: Head-and-shoulders top reversal pattern from 11/07/2022 to 11/22/2022
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

Ciena Corp (CIEN)
Industry: Telecom. Equipment
Industry RS rank: 34 out of 60
Stock RS rank: 137 out of 553
12/8/22 close: $51.87
1 Month avg volatility: $1.42. Volatility stop (for upward breakout): $47.26 or 8.9% below the close.
Change YTD: -32.61%
Volume: 10,758,000 shares. 3 month avg: 3,226,991 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 11/09/2022
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

CRH plc (CRH)
Industry: Cement and Aggregates
Industry RS rank: 10 out of 60
Stock RS rank: 260 out of 553
12/8/22 close: $39.49
1 Month avg volatility: $0.68. Volatility stop (for downward breakout): $40.88 or 3.5% above the close.
Change YTD: -25.21%
Volume: 316,300 shares. 3 month avg: 546,094 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: Triple top reversal pattern from 11/15/2022 to 12/01/2022
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.

Top

Deckers Outdoor Corp (DECK)
Industry: Shoe
Industry RS rank: 4 out of 60
Stock RS rank: 14 out of 553
12/8/22 close: $380.81
1 Month avg volatility: $12.36. Volatility stop (for upward breakout): $353.41 or 7.2% below the close.
Change YTD: 3.96%
Volume: 201,900 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: Pipe bottom reversal pattern from 11/07/2022 to 11/14/2022
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

Devon Energy Corp. (DVN)
Industry: Natural Gas (Diversified)
Industry RS rank: 57 out of 60
Stock RS rank: 457 out of 553
12/8/22 close: $63.50
1 Month avg volatility: $2.49. Volatility stop (for downward breakout): $71.37 or 12.4% above the close.
Change YTD: 44.15%
Volume: 13,342,800 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: Head-and-shoulders top reversal pattern from 10/07/2022 to 11/15/2022
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

DJ 20 Transportation (^DJT)
Industry: None
Industry RS rank: 44 out of 60
12/8/22 close: $13,809.74
1 Month avg volatility: $286.25. Volatility stop (for downward breakout): $14,532.54 or 5.2% above the close.
Change YTD: -16.19%
Volume: 85,226,800 shares. 3 month avg: 105,850,498 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 11/14/2022 to 12/01/2022
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.

Top

Eastman Chemical (EMN)
Industry: Chemical (Diversified)
Industry RS rank: 25 out of 60
Stock RS rank: 479 out of 553
12/8/22 close: $85.26
1 Month avg volatility: $2.17. Volatility stop (for upward breakout): $80.57 or 5.5% below the close.
Change YTD: -29.48%
Volume: 812,200 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: Triangle, symmetrical continuation pattern from 11/11/2022 to 12/08/2022
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

EPAM Systems Inc (EPAM)
Industry: IT Services
Industry RS rank: 11 out of 60
Stock RS rank: 168 out of 553
12/8/22 close: $346.05
1 Month avg volatility: $13.70. Volatility stop (for upward breakout): $308.62 or 10.8% below the close.
Change YTD: -48.23%
Volume: 206,000 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 10/31/2022 to 11/07/2022
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

Equitable Resources, Inc (EQT)
Industry: Natural Gas (Diversified)
Industry RS rank: 57 out of 60
Stock RS rank: 500 out of 553
12/8/22 close: $35.69
1 Month avg volatility: $1.80. Volatility stop (for downward breakout): $41.18 or 15.4% above the close.
Change YTD: 63.64%
Volume: 8,086,800 shares. 3 month avg: 3,960,946 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: Triple top reversal pattern from 11/07/2022 to 11/23/2022
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.

Top

Estee Lauder, Cos (EL)
Industry: Toiletries/Cosmetics
Industry RS rank: 56 out of 60
Stock RS rank: 374 out of 553
12/8/22 close: $242.62
1 Month avg volatility: $7.48. Volatility stop (for upward breakout): $221.44 or 8.7% below the close.
Change YTD: -34.46%
Volume: 2,005,500 shares. 3 month avg: 1,843,415 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 11/03/2022 to 11/29/2022
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

Everest Re Group Ltd (RE)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 14 out of 60
Stock RS rank: 58 out of 553
12/8/22 close: $333.74
1 Month avg volatility: $7.23. Volatility stop (for downward breakout): $351.25 or 5.3% above the close.
Change YTD: 21.84%
Volume: 208,900 shares. 3 month avg: 566,686 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: Diamond top reversal pattern from 11/25/2022 to 12/08/2022
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

Exxon Mobil Corp. (XOM)
Industry: Petroleum (Integrated)
Industry RS rank: 47 out of 60
Stock RS rank: 231 out of 553
12/8/22 close: $104.42
1 Month avg volatility: $2.68. Volatility stop (for downward breakout): $112.15 or 7.4% above the close.
Change YTD: 70.65%
Volume: 20,987,100 shares. 3 month avg: 15,538,298 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: Triple top reversal pattern from 11/08/2022 to 11/22/2022
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.

Top

EZCorp Inc (EZPW)
Industry: Financial Services
Industry RS rank: 35 out of 60
Stock RS rank: 156 out of 553
12/8/22 close: $8.26
1 Month avg volatility: $0.48. Volatility stop (for downward breakout): $9.82 or 18.9% above the close.
Change YTD: 12.08%
Volume: 3,907,800 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 12/07/2022 to 12/07/2022
Breakout is downward 67% of the time.
Average decline: 18%.

Top

F5 Networks, Inc. (FFIV)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 48 out of 60
Stock RS rank: 362 out of 553
12/8/22 close: $151.97
1 Month avg volatility: $3.71. Volatility stop (for upward breakout): $141.21 or 7.1% below the close.
Change YTD: -37.90%
Volume: 406,900 shares. 3 month avg: 847,706 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: Triple bottom reversal pattern from 10/13/2022 to 11/09/2022
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.

Top

Goldman Sachs Group, The (GS)
Industry: Securities Brokerage
Industry RS rank: 2 out of 60
Stock RS rank: 83 out of 553
12/8/22 close: $358.08
1 Month avg volatility: $6.85. Volatility stop (for downward breakout): $376.29 or 5.1% above the close.
Change YTD: -6.40%
Volume: 1,962,800 shares. 3 month avg: 2,673,269 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, Eve and Eve reversal pattern from 11/15/2022 to 11/25/2022
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.

Top

Google (GOOGL)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 48 out of 60
Stock RS rank: 465 out of 553
12/8/22 close: $93.71
1 Month avg volatility: $2.59. Volatility stop (for upward breakout): $88.27 or 5.8% below the close.
Change YTD: -35.31%
Volume: 32,141,700 shares. 3 month avg: 1,574,874 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: Ugly double bottom reversal pattern from 11/03/2022 to 11/22/2022
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

Griffon Corp (GFF)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 43 out of 60
Stock RS rank: 115 out of 553
12/8/22 close: $34.99
1 Month avg volatility: $1.44. Volatility stop (for upward breakout): $31.51 or 9.9% below the close.
Change YTD: 22.86%
Volume: 366,900 shares. 3 month avg: 83,558 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 Thursday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 11/25/2022 to 12/08/2022
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

Harmonic Inc (HLIT)
Industry: Telecom. Equipment
Industry RS rank: 34 out of 60
Stock RS rank: 15 out of 553
12/8/22 close: $13.43
1 Month avg volatility: $0.57. Volatility stop (for upward breakout): $12.19 or 9.3% below the close.
Change YTD: 14.20%
Volume: 1,297,600 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 bottom reversal pattern from 11/07/2022 to 11/14/2022
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

Helen of Troy Ltd (HELE)
Industry: Toiletries/Cosmetics
Industry RS rank: 56 out of 60
Stock RS rank: 544 out of 553
12/8/22 close: $99.85
1 Month avg volatility: $4.41. Volatility stop (for upward breakout): $90.42 or 9.4% below the close.
Change YTD: -59.16%
Volume: 211,800 shares. 3 month avg: 160,343 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: Horn bottom reversal pattern from 10/24/2022 to 11/07/2022
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

Illinois Tool Works Inc. (ITW)
Industry: Metal Fabricating
Industry RS rank: 6 out of 60
Stock RS rank: 132 out of 553
12/8/22 close: $221.32
1 Month avg volatility: $4.08. Volatility stop (for downward breakout): $231.83 or 4.8% above the close.
Change YTD: -10.32%
Volume: 865,200 shares. 3 month avg: 1,083,738 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: Triple top reversal pattern from 11/14/2022 to 12/01/2022
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.

Top

Intrepid Potash Inc (IPI)
Industry: Chemical (Diversified)
Industry RS rank: 25 out of 60
Stock RS rank: 543 out of 553
12/8/22 close: $34.34
1 Month avg volatility: $1.68. Volatility stop (for downward breakout): $38.94 or 13.4% above the close.
Change YTD: -19.63%
Volume: 136,400 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: Triangle, descending reversal pattern from 11/14/2022 to 12/08/2022
WARNING: A dead-cat bounce occurred on 11/03/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 02/02/2023 and a 38% chance by 05/04/2023.
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

Top

Invitae Corp (NVTA)
Industry: Medical Services
Industry RS rank: 24 out of 60
Stock RS rank: 449 out of 553
12/8/22 close: $2.47
1 Month avg volatility: $0.33. Volatility stop (for downward breakout): $3.20 or 29.4% above the close.
Change YTD: -83.82%
Volume: 5,539,900 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 top reversal pattern from 11/02/2022 to 12/01/2022
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 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

Kaiser Aluminum Corp (KALU)
Industry: Metals and Mining (Div.)
Industry RS rank: 40 out of 60
Stock RS rank: 456 out of 553
12/8/22 close: $81.04
1 Month avg volatility: $3.48. Volatility stop (for downward breakout): $90.19 or 11.3% above the close.
Change YTD: -13.73%
Volume: 119,000 shares. 3 month avg: 141,669 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 top reversal pattern from 11/07/2022 to 11/14/2022
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

La-Z-Boy Inc (LZB)
Industry: Furn/Home Furnishings
Industry RS rank: 42 out of 60
Stock RS rank: 298 out of 553
12/8/22 close: $24.44
1 Month avg volatility: $0.85. Volatility stop (for downward breakout): $26.35 or 7.8% above the close.
Change YTD: -32.69%
Volume: 332,700 shares. 3 month avg: 437,505 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 11/15/2022 to 12/01/2022
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.

Top

Manhattan Associates (MANH)
Industry: IT Services
Industry RS rank: 11 out of 60
Stock RS rank: 310 out of 553
12/8/22 close: $120.39
1 Month avg volatility: $3.93. Volatility stop (for upward breakout): $109.84 or 8.8% below the close.
Change YTD: -22.57%
Volume: 209,400 shares. 3 month avg: 726,191 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 10/31/2022 to 11/07/2022
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

Micron Technology (MU)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 41 out of 60
Stock RS rank: 462 out of 553
12/8/22 close: $55.20
1 Month avg volatility: $2.03. Volatility stop (for downward breakout): $59.75 or 8.2% above the close.
Change YTD: -40.74%
Volume: 13,563,300 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 top reversal pattern from 11/07/2022 to 11/14/2022
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

Netflix, Inc (NFLX)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 48 out of 60
Stock RS rank: 7 out of 553
12/8/22 close: $310.26
1 Month avg volatility: $11.46. Volatility stop (for upward breakout): $281.88 or 9.2% below the close.
Change YTD: -48.50%
Volume: 7,169,200 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: Three Rising Valleys reversal pattern from 10/13/2022 to 11/29/2022
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% 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: 52 out of 60
Stock RS rank: 365 out of 553
12/8/22 close: $63.92
1 Month avg volatility: $1.68. Volatility stop (for downward breakout): $67.51 or 5.6% above the close.
Change YTD: -30.51%
Volume: 1,689,800 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: Double Top, Adam and Eve reversal pattern from 11/15/2022 to 11/25/2022
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.

Top

Northrop Grumman Corp (NOC)
Industry: Aerospace/Defense
Industry RS rank: 9 out of 60
Stock RS rank: 79 out of 553
12/8/22 close: $540.55
1 Month avg volatility: $13.42. Volatility stop (for upward breakout): $512.43 or 5.2% below the close.
Change YTD: 39.65%
Volume: 377,500 shares. 3 month avg: 756,831 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 11/07/2022 to 11/14/2022
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

On Assignment, Inc. (ASGN)
Industry: Human Resources
Industry RS rank: 33 out of 60
Stock RS rank: 433 out of 553
12/8/22 close: $82.70
1 Month avg volatility: $2.24. Volatility stop (for downward breakout): $87.69 or 6.0% above the close.
Change YTD: -32.98%
Volume: 284,500 shares. 3 month avg: 295,840 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 top reversal pattern from 11/11/2022 to 12/01/2022
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.

Top

Park Electrochemical (PKE)
Industry: Chemical (Specialty)
Industry RS rank: 28 out of 60
Stock RS rank: 236 out of 553
12/8/22 close: $12.85
1 Month avg volatility: $0.34. Volatility stop (for downward breakout): $13.62 or 6.0% above the close.
Change YTD: -2.65%
Volume: 23,100 shares. 3 month avg: 77,045 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 top reversal pattern from 11/21/2022 to 11/28/2022
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

Prudential Financial Inc (PRU)
Industry: Insurance (Life)
Industry RS rank: 21 out of 60
Stock RS rank: 282 out of 553
12/8/22 close: $101.60
1 Month avg volatility: $2.12. Volatility stop (for downward breakout): $107.60 or 5.9% above the close.
Change YTD: -6.13%
Volume: 1,779,700 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 Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 11/02/2022 to 12/01/2022
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

Reinsurance Group of America (RGA)
Industry: Insurance (Life)
Industry RS rank: 21 out of 60
Stock RS rank: 76 out of 553
12/8/22 close: $143.44
1 Month avg volatility: $3.52. Volatility stop (for upward breakout): $135.17 or 5.8% below the close.
Change YTD: 31.01%
Volume: 282,400 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 11/07/2022 to 11/14/2022
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

Southern Company (SO)
Industry: Electric Utility (East)
Industry RS rank: 37 out of 60
Stock RS rank: 351 out of 553
12/8/22 close: $68.68
1 Month avg volatility: $1.12. Volatility stop (for upward breakout): $65.87 or 4.1% below the close.
Change YTD: 0.15%
Volume: 3,668,000 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: Three Rising Valleys reversal pattern from 10/13/2022 to 11/29/2022
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

Top

Southwestern Energy Company (SWN)
Industry: Natural Gas (Diversified)
Industry RS rank: 57 out of 60
Stock RS rank: 534 out of 553
12/8/22 close: $5.82
1 Month avg volatility: $0.33. Volatility stop (for downward breakout): $6.86 or 17.9% above the close.
Change YTD: 24.89%
Volume: 24,124,600 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: Triple top reversal pattern from 11/07/2022 to 11/23/2022
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.

Top

Summit Materials Inc (SUM)
Industry: Cement and Aggregates
Industry RS rank: 10 out of 60
Stock RS rank: 94 out of 553
12/8/22 close: $30.26
1 Month avg volatility: $0.83. Volatility stop (for upward breakout): $28.10 or 7.1% below the close.
Change YTD: -24.61%
Volume: 546,400 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: Triangle, symmetrical continuation pattern from 11/11/2022 to 12/08/2022
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

Teladoc, Inc (TDOC)
Industry: Healthcare Information
Industry RS rank: 51 out of 60
Stock RS rank: 486 out of 553
12/8/22 close: $27.09
1 Month avg volatility: $1.62. Volatility stop (for downward breakout): $30.35 or 12.1% above the close.
Change YTD: -70.50%
Volume: 3,829,300 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 10/27/2022 to 12/01/2022
WARNING: A dead-cat bounce occurred on 07/28/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 01/26/2023.
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

Teradata Corp (TDC)
Industry: Computer Software and Svcs
Industry RS rank: 50 out of 60
Stock RS rank: 418 out of 553
12/8/22 close: $33.89
1 Month avg volatility: $1.05. Volatility stop (for upward breakout): $31.11 or 8.2% below the close.
Change YTD: -20.20%
Volume: 484,200 shares. 3 month avg: 1,378,918 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 10/31/2022 to 11/07/2022
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

Timken Co., The (TKR)
Industry: Metal Fabricating
Industry RS rank: 6 out of 60
Stock RS rank: 90 out of 553
12/8/22 close: $71.33
1 Month avg volatility: $1.62. Volatility stop (for downward breakout): $74.76 or 4.8% above the close.
Change YTD: 2.94%
Volume: 825,000 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 Monday.
 
Chart pattern: Triple top reversal pattern from 11/15/2022 to 12/01/2022
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.

Top

V. F. Corp (VFC)
Industry: Apparel
Industry RS rank: 22 out of 60
Stock RS rank: 542 out of 553
12/8/22 close: $28.67
1 Month avg volatility: $1.30. Volatility stop (for downward breakout): $31.88 or 11.2% above the close.
Change YTD: -60.84%
Volume: 6,304,800 shares. 3 month avg: 2,795,366 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple top reversal pattern from 11/15/2022 to 12/01/2022
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.

Top

Veeva Systems Inc (VEEV)
Industry: Healthcare Information
Industry RS rank: 51 out of 60
Stock RS rank: 377 out of 553
12/8/22 close: $173.03
1 Month avg volatility: $5.60. Volatility stop (for downward breakout): $184.77 or 6.8% above the close.
Change YTD: -32.27%
Volume: 2,314,600 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, Eve and Adam reversal pattern from 11/15/2022 to 12/01/2022
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.

Top

Verisign (VRSN)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 48 out of 60
Stock RS rank: 96 out of 553
12/8/22 close: $197.40
1 Month avg volatility: $4.02. Volatility stop (for upward breakout): $186.84 or 5.4% below the close.
Change YTD: -22.23%
Volume: 642,100 shares. 3 month avg: 871,351 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: Three Rising Valleys reversal pattern from 10/13/2022 to 11/30/2022
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

Top

W. R. Berkley Corp (WRB)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 14 out of 60
Stock RS rank: 165 out of 553
12/8/22 close: $74.44
1 Month avg volatility: $1.65. Volatility stop (for upward breakout): $70.92 or 4.7% below the close.
Change YTD: 35.53%
Volume: 1,020,700 shares. 3 month avg: 444,512 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 11/07/2022 to 11/14/2022
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

Williams-Sonoma Inc. (WSM)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 12 out of 60
Stock RS rank: 386 out of 553
12/8/22 close: $113.27
1 Month avg volatility: $5.07. Volatility stop (for downward breakout): $124.81 or 10.2% above the close.
Change YTD: -33.03%
Volume: 1,251,400 shares. 3 month avg: 1,925,938 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 top reversal pattern from 11/07/2022 to 11/14/2022
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

Wordday, Inc (WDAY)
Industry: Computer Software and Svcs
Industry RS rank: 50 out of 60
Stock RS rank: 154 out of 553
12/8/22 close: $169.33
1 Month avg volatility: $6.21. Volatility stop (for upward breakout): $151.29 or 10.7% below the close.
Change YTD: -38.02%
Volume: 2,221,000 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 10/13/2022 to 11/22/2022
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

Zebra Technologies Corp (ZBRA)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 52 out of 60
Stock RS rank: 485 out of 553
12/8/22 close: $252.82
1 Month avg volatility: $9.24. Volatility stop (for upward breakout): $233.52 or 7.6% below the close.
Change YTD: -57.52%
Volume: 473,200 shares. 3 month avg: 395,197 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: Ugly double bottom reversal pattern from 11/04/2022 to 11/18/2022
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

 

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