As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
|
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,200 or 1,000 by 12/01/2024
20,000 or 18,400 by 12/01/2024
6,100 or 5,800 by 12/01/2024
|
As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
| |
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,200 or 1,000 by 12/01/2024
20,000 or 18,400 by 12/01/2024
6,100 or 5,800 by 12/01/2024
| ||
Copyright © 2022 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: IT ServicesIndustry RS rank: 15 out of 60Stock RS rank: 499 out of 55412/15/22 close: $20.221 Month avg volatility: $0.75. Volatility stop (for downward breakout): $22.51 or 11.4% above the close.Change YTD: -41.73%Volume: 1,272,300 shares. 3 month avg: 464,565 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: Rectangle bottom continuation pattern from 11/04/2022 to 12/15/2022Breakout is downward 55% of the time.Average decline: 14%.Break-even failure rate: 16%.Pullbacks occur 69% of the time.Price hits measure rule target 50% of the time.
Industry: Air TransportIndustry RS rank: 55 out of 60Stock RS rank: 461 out of 55412/15/22 close: $26.531 Month avg volatility: $0.72. Volatility stop (for downward breakout): $28.71 or 8.2% above the close.Change YTD: -9.70%Volume: 275,800 shares. 3 month avg: 530,657 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 Eve reversal pattern from 10/31/2022 to 11/15/2022Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: E-CommerceIndustry RS rank: 60 out of 60Stock RS rank: 414 out of 55412/15/22 close: $85.591 Month avg volatility: $1.91. Volatility stop (for downward breakout): $91.65 or 7.1% above the close.Change YTD: -26.87%Volume: 2,128,300 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: Head-and-shoulders top reversal pattern from 11/11/2022 to 12/13/2022Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Chemical (Diversified)Industry RS rank: 24 out of 60Stock RS rank: 154 out of 55412/15/22 close: $240.501 Month avg volatility: $10.84. Volatility stop (for downward breakout): $268.27 or 11.6% above the close.Change YTD: 2.88%Volume: 1,954,100 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: Head-and-shoulders top reversal pattern from 11/01/2022 to 12/02/2022Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Aerospace/DefenseIndustry RS rank: 12 out of 60Stock RS rank: 475 out of 55412/15/22 close: $43.271 Month avg volatility: $2.05. Volatility stop (for downward breakout): $48.77 or 12.7% above the close.Change YTD: -27.37%Volume: 4,289,100 shares. 3 month avg: 8,355,648 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: Double Top, Adam and Eve reversal pattern from 11/11/2022 to 12/05/2022Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 47 out of 60Stock RS rank: 277 out of 55412/15/22 close: $49.691 Month avg volatility: $1.84. Volatility stop (for upward breakout): $45.85 or 7.7% below the close.Change YTD: -17.87%Volume: 1,253,700 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 Adam reversal pattern from 11/08/2022 to 12/07/2022Breakout 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.
Industry: Medical ServicesIndustry RS rank: 28 out of 60Stock RS rank: 523 out of 55412/15/22 close: $84.031 Month avg volatility: $2.97. Volatility stop (for upward breakout): $77.53 or 7.7% below the close.Change YTD: -48.09%Volume: 416,000 shares. 3 month avg: 412,928 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Triangle, symmetrical continuation pattern from 11/07/2022 to 12/09/2022Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: BiotechnologyIndustry RS rank: 5 out of 60Stock RS rank: 137 out of 55412/15/22 close: $266.141 Month avg volatility: $5.94. Volatility stop (for downward breakout): $283.00 or 6.3% above the close.Change YTD: 18.30%Volume: 3,200,100 shares. 3 month avg: 2,770,322 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: Triangle, descending reversal pattern from 11/08/2022 to 12/08/2022Breakout 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.
Industry: ElectronicsIndustry RS rank: 58 out of 60Stock RS rank: 93 out of 55412/15/22 close: $78.151 Month avg volatility: $1.57. Volatility stop (for downward breakout): $83.72 or 7.1% above the close.Change YTD: -10.64%Volume: 2,190,500 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: Diamond top reversal pattern from 11/11/2022 to 12/09/2022Breakout 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.
Industry: Insurance (Diversified)Industry RS rank: 23 out of 60Stock RS rank: 78 out of 55412/15/22 close: $303.661 Month avg volatility: $5.55. Volatility stop (for downward breakout): $316.93 or 4.4% above the close.Change YTD: 1.03%Volume: 1,015,900 shares. 3 month avg: 1,880,728 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Diamond top reversal pattern from 11/23/2022 to 12/09/2022Breakout 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.
Industry: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 36 out of 60Stock RS rank: 230 out of 55412/15/22 close: $104.561 Month avg volatility: $3.71. Volatility stop (for upward breakout): $96.59 or 7.6% below the close.Change YTD: -33.55%Volume: 6,770,500 shares. 3 month avg: 11,583,771 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: Triangle, symmetrical continuation pattern from 11/15/2022 to 12/09/2022Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Trucking/Transp. LeasingIndustry RS rank: 9 out of 60Stock RS rank: 315 out of 55412/15/22 close: $76.231 Month avg volatility: $2.56. Volatility stop (for upward breakout): $70.31 or 7.8% below the close.Change YTD: -36.40%Volume: 241,800 shares. 3 month avg: 234,063 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: Triangle, symmetrical continuation pattern from 02/01/2022 to 12/09/2022Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: IT ServicesIndustry RS rank: 15 out of 60Stock RS rank: 77 out of 55412/15/22 close: $248.791 Month avg volatility: $5.74. Volatility stop (for upward breakout): $236.60 or 4.9% below the close.Change YTD: 0.90%Volume: 1,843,000 shares. 3 month avg: 2,140,888 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: Scallop, ascending continuation pattern from 08/18/2022 to 12/02/2022Breakout is upward 80% of the time.Average rise: 31%.Break-even failure rate: 10%.Throwbacks occur 58% of the time.Price hits measure rule target 58% of the time.
Industry: Chemical (Specialty)Industry RS rank: 31 out of 60Stock RS rank: 257 out of 55412/15/22 close: $122.691 Month avg volatility: $3.92. Volatility stop (for downward breakout): $136.27 or 11.1% above the close.Change YTD: -27.23%Volume: 135,600 shares. 3 month avg: 82,003 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.Chart pattern: Roof, inverted reversal pattern from 11/11/2022 to 11/25/2022Breakout is downward 50% of the time.Average decline: 17%.Break-even failure rate: 10%.Pullbacks occur 56% of the time.Price hits measure rule target 73% of the time.
Industry: Packaging and ContainerIndustry RS rank: 44 out of 60Stock RS rank: 502 out of 55412/15/22 close: $51.651 Month avg volatility: $1.55. Volatility stop (for downward breakout): $56.84 or 10.1% above the close.Change YTD: -46.35%Volume: 1,995,300 shares. 3 month avg: 2,433,769 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: Three Falling Peaks reversal pattern from 11/15/2022 to 12/13/2022WARNING: A dead-cat bounce occurred on 08/04/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 02/02/2023.Breakout is downward 100% of the time.Average decline: 17%.Break-even failure rate: 12%.Pullbacks occur 59% of the time.Price hits measure rule target 33% of the time.
Industry: Electric Utility (West)Industry RS rank: 22 out of 60Stock RS rank: 362 out of 55412/15/22 close: $69.051 Month avg volatility: $1.31. Volatility stop (for downward breakout): $72.91 or 5.6% above the close.Change YTD: -2.15%Volume: 370,100 shares. 3 month avg: 512,838 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: Double Top, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: ElectronicsIndustry RS rank: 58 out of 60Stock RS rank: 294 out of 55412/15/22 close: $10.911 Month avg volatility: $0.26. Volatility stop (for upward breakout): $10.37 or 5.0% below the close.Change YTD: -1.98%Volume: 282,300 shares. 3 month avg: 557,234 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: Broadening bottom reversal pattern from 11/22/2022 to 12/14/2022Breakout 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.
Industry: ApparelIndustry RS rank: 35 out of 60Stock RS rank: 445 out of 55412/15/22 close: $5.091 Month avg volatility: $0.36. Volatility stop (for downward breakout): $6.14 or 20.6% above the close.Change YTD: -5.39%Volume: 1,915,600 shares. 3 month avg: 2,783,222 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 10/27/2022 to 12/08/2022Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Household ProductsIndustry RS rank: 18 out of 60Stock RS rank: 87 out of 55412/15/22 close: $146.371 Month avg volatility: $2.96. Volatility stop (for upward breakout): $138.82 or 5.2% below the close.Change YTD: -16.05%Volume: 712,100 shares. 3 month avg: 971,306 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 11/17/2022 to 12/09/2022Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Precision InstrumentIndustry RS rank: 16 out of 60Stock RS rank: 140 out of 55412/15/22 close: $49.371 Month avg volatility: $1.54. Volatility stop (for upward breakout): $46.16 or 6.5% below the close.Change YTD: -36.51%Volume: 1,221,400 shares. 3 month avg: 1,157,365 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: Triangle, symmetrical continuation pattern from 11/09/2022 to 12/09/2022Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: MachineryIndustry RS rank: 6 out of 60Stock RS rank: 91 out of 55412/15/22 close: $235.921 Month avg volatility: $4.95. Volatility stop (for downward breakout): $249.73 or 5.9% above the close.Change YTD: 8.15%Volume: 916,000 shares. 3 month avg: 1,327,631 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: Triple top reversal pattern from 11/15/2022 to 11/30/2022Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 10%.Pullbacks occur 61% of the time.Price hits measure rule target 40% of the time.
Industry: MachineryIndustry RS rank: 6 out of 60Stock RS rank: 213 out of 55412/15/22 close: $134.681 Month avg volatility: $2.66. Volatility stop (for upward breakout): $128.78 or 4.4% below the close.Change YTD: -25.84%Volume: 1,383,800 shares. 3 month avg: 1,038,811 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: Rectangle top continuation pattern from 11/11/2022 to 12/14/2022Breakout 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.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 38 out of 60Stock RS rank: 453 out of 55412/15/22 close: $23.231 Month avg volatility: $0.96. Volatility stop (for downward breakout): $25.27 or 8.8% above the close.Change YTD: 18.04%Volume: 631,500 shares. 3 month avg: 557,835 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: Double Top, Adam and Eve reversal pattern from 10/27/2022 to 11/14/2022Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: IT ServicesIndustry RS rank: 15 out of 60Stock RS rank: 107 out of 55412/15/22 close: $336.111 Month avg volatility: $13.53. Volatility stop (for upward breakout): $297.25 or 11.6% below the close.Change YTD: -49.72%Volume: 619,000 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: Rectangle top continuation pattern from 11/11/2022 to 12/14/2022Breakout 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.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 33 out of 60Stock RS rank: 403 out of 55412/15/22 close: $146.311 Month avg volatility: $3.84. Volatility stop (for downward breakout): $157.92 or 7.9% above the close.Change YTD: -40.21%Volume: 605,800 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: Double Top, Eve and Adam reversal pattern from 11/23/2022 to 12/13/2022Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Retail Building SupplyIndustry RS rank: 14 out of 60Stock RS rank: 389 out of 55412/15/22 close: $47.971 Month avg volatility: $1.25. Volatility stop (for downward breakout): $51.86 or 8.1% above the close.Change YTD: -25.12%Volume: 5,085,800 shares. 3 month avg: 2,417,771 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: Broadening top reversal pattern from 11/10/2022 to 12/13/2022Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 45 out of 60Stock RS rank: 123 out of 55412/15/22 close: $9.811 Month avg volatility: $0.35. Volatility stop (for upward breakout): $8.89 or 9.3% below the close.Change YTD: 4.58%Volume: 39,800 shares. 3 month avg: 24,458 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 Wednesday.Chart pattern: Broadening top, right-angled and descending continuation pattern from 11/03/2022 to 12/09/2022Breakout is upward 51% of the time.Average rise: 28%.Break-even failure rate: 19%.Throwbacks occur 52% of the time.Price hits measure rule target 63% of the time.
Industry: ApparelIndustry RS rank: 35 out of 60Stock RS rank: 19 out of 55412/15/22 close: $13.101 Month avg volatility: $0.63. Volatility stop (for downward breakout): $14.85 or 13.4% above the close.Change YTD: -25.78%Volume: 8,267,300 shares. 3 month avg: 5,662,882 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Eve and Adam reversal pattern from 11/22/2022 to 12/06/2022Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Diversified Co.Industry RS rank: 20 out of 60Stock RS rank: 125 out of 55412/15/22 close: $78.811 Month avg volatility: $2.07. Volatility stop (for downward breakout): $85.34 or 8.3% above the close.Change YTD: -16.58%Volume: 9,457,200 shares. 3 month avg: 6,323,323 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 11/15/2022 to 12/02/2022Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 33 out of 60Stock RS rank: 486 out of 55412/15/22 close: $90.861 Month avg volatility: $2.68. Volatility stop (for downward breakout): $99.00 or 9.0% above the close.Change YTD: -37.27%Volume: 39,954,500 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: Head-and-shoulders top reversal pattern from 11/15/2022 to 12/13/2022Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Insurance (Prop/Casualty)Industry RS rank: 25 out of 60Stock RS rank: 407 out of 55412/15/22 close: $133.591 Month avg volatility: $2.70. Volatility stop (for downward breakout): $142.46 or 6.6% above the close.Change YTD: 1.93%Volume: 183,000 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 Top, Adam and Eve reversal pattern from 11/01/2022 to 12/01/2022Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 45 out of 60Stock RS rank: 37 out of 55412/15/22 close: $45.941 Month avg volatility: $2.12. Volatility stop (for downward breakout): $52.27 or 13.8% above the close.Change YTD: 13.91%Volume: 82,900 shares. 3 month avg: 80,035 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.Chart pattern: Pipe top reversal pattern from 11/07/2022 to 11/14/2022Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Aerospace/DefenseIndustry RS rank: 12 out of 60Stock RS rank: 136 out of 55412/15/22 close: $208.971 Month avg volatility: $3.87. Volatility stop (for downward breakout): $221.45 or 6.0% above the close.Change YTD: 0.22%Volume: 3,195,500 shares. 3 month avg: 2,744,942 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 11/25/2022 to 12/13/2022Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Toiletries/CosmeticsIndustry RS rank: 56 out of 60Stock RS rank: 22 out of 55412/15/22 close: $93.251 Month avg volatility: $2.88. Volatility stop (for upward breakout): $86.53 or 7.2% below the close.Change YTD: -12.77%Volume: 104,700 shares. 3 month avg: 108,312 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: Triple bottom reversal pattern from 09/29/2022 to 10/24/2022Breakout 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.
Industry: Securities BrokerageIndustry RS rank: 2 out of 60Stock RS rank: 58 out of 55412/15/22 close: $69.791 Month avg volatility: $2.06. Volatility stop (for downward breakout): $74.92 or 7.3% above the close.Change YTD: -12.13%Volume: 946,800 shares. 3 month avg: 658,995 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: Double Top, Eve and Adam reversal pattern from 11/04/2022 to 11/30/2022Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 51 out of 60Stock RS rank: 381 out of 55412/15/22 close: $23.601 Month avg volatility: $0.81. Volatility stop (for downward breakout): $25.57 or 8.3% above the close.Change YTD: -35.00%Volume: 306,600 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, Eve and Adam reversal pattern from 11/15/2022 to 12/01/2022Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 51 out of 60Stock RS rank: 430 out of 55412/15/22 close: $32.371 Month avg volatility: $0.77. Volatility stop (for downward breakout): $34.29 or 5.9% above the close.Change YTD: -21.36%Volume: 1,060,700 shares. 3 month avg: 1,259,645 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 11/11/2022 to 12/01/2022Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Retail StoreIndustry RS rank: 34 out of 60Stock RS rank: 397 out of 55412/15/22 close: $21.001 Month avg volatility: $0.82. Volatility stop (for upward breakout): $19.24 or 8.4% below the close.Change YTD: -19.79%Volume: 5,987,500 shares. 3 month avg: 14,056,392 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 wedge, descending reversal pattern from 11/28/2022 to 12/15/2022Breakout is upward 79% of the time.Average rise: 33%.Break-even failure rate: 6%.Throwbacks occur 53% of the time.Price hits measure rule target 79% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 45 out of 60Stock RS rank: 404 out of 55412/15/22 close: $48.541 Month avg volatility: $1.16. Volatility stop (for downward breakout): $51.72 or 6.5% above the close.Change YTD: -30.87%Volume: 3,185,700 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: Broadening top, right-angled and ascending reversal pattern from 11/11/2022 to 12/15/2022Breakout 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.
Industry: Securities BrokerageIndustry RS rank: 2 out of 60Stock RS rank: 114 out of 55412/15/22 close: $87.791 Month avg volatility: $1.97. Volatility stop (for downward breakout): $93.13 or 6.1% above the close.Change YTD: -10.56%Volume: 8,720,700 shares. 3 month avg: 7,779,832 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 top reversal pattern from 11/11/2022 to 12/13/2022Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: Metal FabricatingIndustry RS rank: 4 out of 60Stock RS rank: 115 out of 55412/15/22 close: $62.111 Month avg volatility: $1.67. Volatility stop (for downward breakout): $68.90 or 10.9% above the close.Change YTD: 4.63%Volume: 407,200 shares. 3 month avg: 161,678 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Head-and-shoulders top reversal pattern from 11/18/2022 to 12/02/2022Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: NoneIndustry RS rank: 48 out of 6012/15/22 close: $10,810.531 Month avg volatility: $207.92. Volatility stop (for downward breakout): $11,445.40 or 5.9% above the close.Change YTD: -30.90%Volume: 0 shares. Could not calculate the 3 month avg volume.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Broadening top reversal pattern from 11/15/2022 to 12/13/2022Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 33 out of 60Stock RS rank: 5 out of 55412/15/22 close: $290.411 Month avg volatility: $11.16. Volatility stop (for downward breakout): $325.72 or 12.2% above the close.Change YTD: -51.79%Volume: 17,622,700 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: Rising wedge reversal pattern from 10/26/2022 to 12/14/2022Breakout is downward 69% of the time.Average decline: 14%.Break-even failure rate: 24%.Pullbacks occur 63% of the time.Price hits measure rule target 46% of the time.
Industry: E-CommerceIndustry RS rank: 60 out of 60Stock RS rank: 508 out of 55412/15/22 close: $28.811 Month avg volatility: $0.70. Volatility stop (for upward breakout): $27.11 or 5.9% below the close.Change YTD: -39.32%Volume: 505,500 shares. 3 month avg: 520,157 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: Triangle, ascending reversal pattern from 10/13/2022 to 12/15/2022Breakout is upward 70% of the time.Average rise: 35%.Break-even failure rate: 13%.Throwbacks occur 57% of the time.Price hits measure rule target 75% of the time.
Industry: ApparelIndustry RS rank: 35 out of 60Stock RS rank: 199 out of 55412/15/22 close: $99.711 Month avg volatility: $4.17. Volatility stop (for downward breakout): $109.57 or 9.9% above the close.Change YTD: -1.78%Volume: 152,800 shares. 3 month avg: 112,505 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 11/23/2022 to 12/08/2022Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 10%.Pullbacks occur 61% of the time.Price hits measure rule target 40% of the time.
Industry: Telecom. EquipmentIndustry RS rank: 42 out of 60Stock RS rank: 452 out of 55412/15/22 close: $116.641 Month avg volatility: $3.98. Volatility stop (for upward breakout): $108.11 or 7.3% below the close.Change YTD: -36.22%Volume: 10,197,500 shares. 3 month avg: 12,234,022 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: Broadening top, right-angled and descending continuation pattern from 11/15/2022 to 12/15/2022Breakout is upward 51% of the time.Average rise: 28%.Break-even failure rate: 19%.Throwbacks occur 52% of the time.Price hits measure rule target 63% of the time.
Industry: ApparelIndustry RS rank: 35 out of 60Stock RS rank: 165 out of 55412/15/22 close: $106.571 Month avg volatility: $3.21. Volatility stop (for downward breakout): $114.71 or 7.6% above the close.Change YTD: -10.34%Volume: 874,800 shares. 3 month avg: 933,391 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: Double Top, Adam and Adam reversal pattern from 12/02/2022 to 12/13/2022Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 47 out of 60Stock RS rank: 518 out of 55412/15/22 close: $40.181 Month avg volatility: $2.15. Volatility stop (for upward breakout): $35.43 or 11.8% below the close.Change YTD: -78.55%Volume: 2,347,400 shares. 3 month avg: 1,339,514 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 10/31/2022 to 11/07/2022Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 25 out of 60Stock RS rank: 141 out of 55412/15/22 close: $125.651 Month avg volatility: $2.39. Volatility stop (for downward breakout): $131.39 or 4.6% above the close.Change YTD: 12.09%Volume: 144,500 shares. 3 month avg: 149,782 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 11/01/2022 to 11/25/2022Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 10%.Pullbacks occur 61% of the time.Price hits measure rule target 40% of the time.
Industry: Securities BrokerageIndustry RS rank: 2 out of 60Stock RS rank: 50 out of 55412/15/22 close: $77.061 Month avg volatility: $1.61. Volatility stop (for downward breakout): $80.55 or 4.5% above the close.Change YTD: -8.37%Volume: 7,334,400 shares. 3 month avg: 6,527,123 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: Triple top reversal pattern from 11/23/2022 to 12/13/2022Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 10%.Pullbacks occur 61% of the time.Price hits measure rule target 40% of the time.
Industry: IT ServicesIndustry RS rank: 15 out of 60Stock RS rank: 471 out of 55412/15/22 close: $400.641 Month avg volatility: $13.99. Volatility stop (for upward breakout): $371.73 or 7.2% below the close.Change YTD: -38.28%Volume: 1,151,200 shares. 3 month avg: 1,411,754 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Trend line down from 03/29/2022 to 08/11/2022
Industry: Natural Gas (Distributor)Industry RS rank: 52 out of 60Stock RS rank: 510 out of 55412/15/22 close: $64.991 Month avg volatility: $2.23. Volatility stop (for upward breakout): $59.55 or 8.4% below the close.Change YTD: -7.22%Volume: 2,256,700 shares. 3 month avg: 213,628 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 11/07/2022 to 11/14/2022Breakout 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.
Industry: Natural Gas (Distributor)Industry RS rank: 52 out of 60Stock RS rank: 428 out of 55412/15/22 close: $66.871 Month avg volatility: $1.93. Volatility stop (for downward breakout): $71.80 or 7.4% above the close.Change YTD: 2.53%Volume: 234,000 shares. 3 month avg: 172,872 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 11/21/2022 to 11/28/2022Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Retail StoreIndustry RS rank: 34 out of 60Stock RS rank: 343 out of 55412/15/22 close: $147.601 Month avg volatility: $4.55. Volatility stop (for downward breakout): $159.11 or 7.8% above the close.Change YTD: -36.23%Volume: 5,378,100 shares. 3 month avg: 6,916,209 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 10/26/2022 to 12/01/2022Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 41 out of 60Stock RS rank: 206 out of 55412/15/22 close: $170.011 Month avg volatility: $4.31. Volatility stop (for downward breakout): $183.14 or 7.7% above the close.Change YTD: -9.79%Volume: 6,005,100 shares. 3 month avg: 4,332,837 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 12/13/2022Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Insurance (Prop/Casualty)Industry RS rank: 25 out of 60Stock RS rank: 171 out of 55412/15/22 close: $183.571 Month avg volatility: $2.96. Volatility stop (for downward breakout): $191.83 or 4.5% above the close.Change YTD: 17.35%Volume: 1,200,400 shares. 3 month avg: 1,525,757 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 12/01/2022 to 12/07/2022Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Chemical (Specialty)Industry RS rank: 31 out of 60Stock RS rank: 379 out of 55412/15/22 close: $11.001 Month avg volatility: $0.30. Volatility stop (for upward breakout): $10.31 or 6.3% below the close.Change YTD: -6.94%Volume: 193,600 shares. 3 month avg: 64,734 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: Double Bottom, Eve and Eve reversal pattern from 11/16/2022 to 11/29/2022Breakout 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.
Industry: Petroleum (Integrated)Industry RS rank: 37 out of 60Stock RS rank: 421 out of 55412/15/22 close: $119.921 Month avg volatility: $4.56. Volatility stop (for downward breakout): $129.13 or 7.7% above the close.Change YTD: 59.66%Volume: 3,201,200 shares. 3 month avg: 3,584,486 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 Adam reversal pattern from 11/15/2022 to 11/22/2022Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Metal FabricatingIndustry RS rank: 4 out of 60Stock RS rank: 26 out of 55412/15/22 close: $324.371 Month avg volatility: $7.94. Volatility stop (for downward breakout): $345.65 or 6.6% above the close.Change YTD: 29.49%Volume: 133,900 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: Head-and-shoulders top reversal pattern from 11/25/2022 to 12/13/2022Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: ElectronicsIndustry RS rank: 58 out of 60Stock RS rank: 46 out of 55412/15/22 close: $133.511 Month avg volatility: $4.59. Volatility stop (for downward breakout): $148.05 or 10.9% above the close.Change YTD: 20.13%Volume: 304,400 shares. 3 month avg: 255,915 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: Triple top reversal pattern from 11/11/2022 to 12/02/2022Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 10%.Pullbacks occur 61% of the time.Price hits measure rule target 40% of the time.
Industry: Investment Co. (Foreign)Industry RS rank: 46 out of 60Stock RS rank: 420 out of 55412/15/22 close: $41.021 Month avg volatility: $0.64. Volatility stop (for downward breakout): $42.95 or 4.7% above the close.Change YTD: -11.59%Volume: 347,200 shares. 3 month avg: 477,440 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: Diamond top reversal pattern from 11/11/2022 to 12/08/2022Breakout 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.
Industry: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 8 out of 60Stock RS rank: 156 out of 55412/15/22 close: $78.471 Month avg volatility: $0.84. Volatility stop (for upward breakout): $76.72 or 2.2% below the close.Change YTD: -3.28%Volume: 5,700 shares. 3 month avg: 32,028 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: Head-and-shoulders bottom reversal pattern from 08/30/2022 to 10/13/2022Breakout 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.
Industry: ElectronicsIndustry RS rank: 58 out of 60Stock RS rank: 304 out of 55412/15/22 close: $47.421 Month avg volatility: $0.86. Volatility stop (for upward breakout): $45.58 or 3.9% below the close.Change YTD: -32.36%Volume: 237,200 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 bottom reversal pattern from 09/27/2022 to 10/21/2022Breakout 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.
Industry: Investment Co. (Foreign)Industry RS rank: 46 out of 60Stock RS rank: 329 out of 55412/15/22 close: $37.861 Month avg volatility: $0.81. Volatility stop (for downward breakout): $39.64 or 4.7% above the close.Change YTD: 37.62%Volume: 612,300 shares. 3 month avg: 231,586 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 11/07/2022 to 11/25/2022Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Metals and Mining (Div.)Industry RS rank: 39 out of 60Stock RS rank: 388 out of 55412/15/22 close: $165.351 Month avg volatility: $1.32. Volatility stop (for upward breakout): $162.47 or 1.7% below the close.Change YTD: -3.28%Volume: 8,356,700 shares. 3 month avg: 6,785,122 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: Triple bottom reversal pattern from 09/26/2022 to 11/03/2022Breakout 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.
Industry: IT ServicesIndustry RS rank: 15 out of 60Stock RS rank: 335 out of 55412/15/22 close: $129.191 Month avg volatility: $2.88. Volatility stop (for upward breakout): $122.94 or 4.8% below the close.Change YTD: -25.70%Volume: 9,607,700 shares. 3 month avg: 9,531,718 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: Head-and-shoulders bottom reversal pattern from 09/30/2022 to 11/04/2022Breakout 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.
Industry: Industrial ServicesIndustry RS rank: 17 out of 60Stock RS rank: 182 out of 55412/15/22 close: $183.091 Month avg volatility: $2.59. Volatility stop (for downward breakout): $191.01 or 4.3% above the close.Change YTD: -9.79%Volume: 169,900 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 11/18/2022 to 12/06/2022Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: NoneIndustry RS rank: 48 out of 60Stock RS rank: 378 out of 55412/15/22 close: $178.691 Month avg volatility: $3.57. Volatility stop (for downward breakout): $189.43 or 6.0% above the close.Change YTD: -31.47%Volume: 317,700 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: Broadening top reversal pattern from 11/15/2022 to 12/15/2022Breakout 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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