As of 04/19/2024

Indus: 37,986 +211.02 +0.6%

Trans: 15,084 +136.79 +0.9%

Utils: 876 +15.31 +1.8%

Nasdaq: 15,282 -319.49 -2.0%

S&P 500: 4,967 -43.89 -0.9%

YTD

+0.8%

-5.1%

-0.7%

+1.8%

+4.1%

Targets Overview: 04/12/2024

39,800 or 37,150 by 05/01/2024

16,200 or 15,000 by 05/01/2024

885 or 850 by 05/01/2024

16,700 or 15,800 by 05/01/2024

5,250 or 5,025 by 05/01/2024

Chart Pattern Indicator:

on 4/1/24

As of 04/19/2024

Indus: 37,986 +211.02 +0.6%

Trans: 15,084 +136.79 +0.9%

Utils: 876 +15.31 +1.8%

Nasdaq: 15,282 -319.49 -2.0%

S&P 500: 4,967 -43.89 -0.9%

YTD

+0.8%

-5.1%

-0.7%

+1.8%

+4.1%

Targets Overview: 04/12/2024

39,800 or 37,150 by 05/01/2024

16,200 or 15,000 by 05/01/2024

885 or 850 by 05/01/2024

16,700 or 15,800 by 05/01/2024

5,250 or 5,025 by 05/01/2024

Chart Pattern Indicator:

on 4/1/24

Patterns for the Weekend Details

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.

Abbott Laboratories (ABT)

Industry: Medical Supplies

Industry RS rank: 25 out of 60

Stock RS rank: 346 out of 574

12/22/22 close: $108.03

1 Month avg volatility: $1.92. Volatility stop (for downward breakout): $112.00 or 3.7% above the close.

Change YTD: -23.24%

Volume: 3,257,100 shares. 3 month avg: 6,008,617 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Broadening wedge, ascending reversal pattern from 11/14/2022 to 12/22/2022

Breakout is downward 73% of the time.
Average decline: 17%.
Break-even failure rate: 11%.
Pullbacks occur 57% of the time.
Price hits measure rule target 58% of the time.

Accenture plc (ACN)

Industry: IT Services

Industry RS rank: 24 out of 60

Stock RS rank: 453 out of 574

12/22/22 close: $264.76

1 Month avg volatility: $7.35. Volatility stop (for downward breakout): $280.63 or 6.0% above the close.

Change YTD: -36.13%

Volume: 2,201,300 shares. 3 month avg: 1,995,040 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 12/01/2022 to 12/13/2022

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.

Acuity Brands, Inc (AYI)

Industry: Furn/Home Furnishings

Industry RS rank: 47 out of 60

Stock RS rank: 280 out of 574

12/22/22 close: $165.56

1 Month avg volatility: $4.81. Volatility stop (for downward breakout): $176.55 or 6.6% above the close.

Change YTD: -21.80%

Volume: 205,600 shares. 3 month avg: 670,414 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Three Falling Peaks reversal pattern from 11/11/2022 to 12/13/2022

Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

Adobe Systems (ADBE)

Industry: Computer Software and Svcs

Industry RS rank: 52 out of 60

Stock RS rank: 456 out of 574

12/22/22 close: $336.52

1 Month avg volatility: $10.40. Volatility stop (for upward breakout): $310.13 or 7.8% below the close.

Change YTD: -40.66%

Volume: 2,312,800 shares. 3 month avg: 3,137,863 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: Rectangle top continuation pattern from 11/10/2022 to 12/22/2022

Breakout is upward 68% of the time.
Average rise: 39%.
Break-even failure rate: 9%.
Throwbacks occur 64% of the time.
Price hits measure rule target 80% of the time.

AFLAC Inc (AFL)

Industry: Insurance (Diversified)

Industry RS rank: 27 out of 60

Stock RS rank: 42 out of 574

12/22/22 close: $70.91

1 Month avg volatility: $1.32. Volatility stop (for downward breakout): $74.13 or 4.5% above the close.

Change YTD: 21.44%

Volume: 2,236,900 shares. 3 month avg: 2,970,194 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

Chart pattern: Broadening top reversal pattern from 12/07/2022 to 12/21/2022

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.

Amdocs Limited (DOX)

Industry: IT Services

Industry RS rank: 24 out of 60

Stock RS rank: 231 out of 574

12/22/22 close: $88.09

1 Month avg volatility: $1.83. Volatility stop (for downward breakout): $92.21 or 4.7% above the close.

Change YTD: 17.70%

Volume: 401,500 shares. 3 month avg: 895,243 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 12/02/2022 to 12/14/2022

Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

American Express Co (AXP)

Industry: Financial Services

Industry RS rank: 34 out of 60

Stock RS rank: 369 out of 574

12/22/22 close: $145.31

1 Month avg volatility: $3.51. Volatility stop (for downward breakout): $153.71 or 5.8% above the close.

Change YTD: -11.18%

Volume: 2,818,500 shares. 3 month avg: 3,419,958 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 12/13/2022

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.

Ametek, Inc (AME)

Industry: Industrial Services

Industry RS rank: 10 out of 60

Stock RS rank: 62 out of 574

12/22/22 close: $138.32

1 Month avg volatility: $2.39. Volatility stop (for downward breakout): $143.98 or 4.1% above the close.

Change YTD: -5.28%

Volume: 699,800 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 complex top reversal pattern from 11/24/2021 to 02/03/2022

Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

Atmos Energy Corp (ATO)

Industry: Natural Gas (Diversified)

Industry RS rank: 48 out of 60

Stock RS rank: 261 out of 574

12/22/22 close: $114.03

1 Month avg volatility: $2.09. Volatility stop (for downward breakout): $118.53 or 3.9% above the close.

Change YTD: 8.84%

Volume: 527,600 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: Double Top, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022

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.

Autodesk Inc (ADSK)

Industry: Computer Software and Svcs

Industry RS rank: 52 out of 60

Stock RS rank: 210 out of 574

12/22/22 close: $188.10

1 Month avg volatility: $6.17. Volatility stop (for downward breakout): $202.45 or 7.6% above the close.

Change YTD: -33.11%

Volume: 1,972,000 shares. 3 month avg: 2,150,943 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.

Boston Scientific Corp (BSX)

Industry: Medical Services

Industry RS rank: 22 out of 60

Stock RS rank: 76 out of 574

12/22/22 close: $46.15

1 Month avg volatility: $0.77. Volatility stop (for upward breakout): $43.83 or 5.0% below the close.

Change YTD: 8.64%

Volume: 4,198,400 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 06/16/2022 to 07/14/2022

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.

Bread Financial Holdings (BFH)

Industry: Information Services

Industry RS rank: 29 out of 60

Stock RS rank: 482 out of 574

12/22/22 close: $36.98

1 Month avg volatility: $1.50. Volatility stop (for downward breakout): $40.01 or 8.2% above the close.

Change YTD: -44.45%

Volume: 595,700 shares. 3 month avg: 943,408 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: Three Falling Peaks reversal pattern from 11/11/2022 to 12/14/2022

Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

Bristol-Myers Squibb Company (BMY)

Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 16 out of 60

Stock RS rank: 419 out of 574

12/22/22 close: $73.83

1 Month avg volatility: $1.26. Volatility stop (for downward breakout): $76.38 or 3.5% above the close.

Change YTD: 18.41%

Volume: 7,240,700 shares. 3 month avg: 5,378,746 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 Eve reversal pattern from 11/09/2022 to 12/01/2022

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.

Centerpoint Energy (CNP)

Industry: Electric Utility (Central)

Industry RS rank: 38 out of 60

Stock RS rank: 249 out of 574

12/22/22 close: $30.31

1 Month avg volatility: $0.54. Volatility stop (for downward breakout): $31.54 or 4.1% above the close.

Change YTD: 8.60%

Volume: 2,162,600 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: Double Top, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022

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.

Check Point Software (CHKP)

Industry: E-Commerce

Industry RS rank: 60 out of 60

Stock RS rank: 283 out of 574

12/22/22 close: $126.46

1 Month avg volatility: $2.26. Volatility stop (for downward breakout): $131.89 or 4.3% above the close.

Change YTD: 8.49%

Volume: 429,700 shares. 3 month avg: 1,143,906 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022

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.

Cincinnati Financial Corp (CINF)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 19 out of 60

Stock RS rank: 477 out of 574

12/22/22 close: $103.75

1 Month avg volatility: $2.27. Volatility stop (for downward breakout): $108.91 or 5.0% above the close.

Change YTD: -8.94%

Volume: 321,900 shares. 3 month avg: 534,966 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 11/14/2022 to 12/13/2022

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.

Con Edison, Inc (ED)

Industry: Electric Utility (East)

Industry RS rank: 35 out of 60

Stock RS rank: 276 out of 574

12/22/22 close: $95.16

1 Month avg volatility: $1.68. Volatility stop (for downward breakout): $99.00 or 4.0% above the close.

Change YTD: 11.53%

Volume: 1,049,900 shares. 3 month avg: 1,605,666 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 Top, Adam and Adam reversal pattern from 12/01/2022 to 12/14/2022

Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

Corning Inc. (GLW)

Industry: Telecom. Equipment

Industry RS rank: 49 out of 60

Stock RS rank: 375 out of 574

12/22/22 close: $31.57

1 Month avg volatility: $0.65. Volatility stop (for downward breakout): $33.08 or 4.8% above the close.

Change YTD: -15.20%

Volume: 3,020,900 shares. 3 month avg: 5,449,098 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 top reversal pattern from 11/11/2022 to 12/13/2022

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.

CSG Systems International Inc (CSGS)

Industry: IT Services

Industry RS rank: 24 out of 60

Stock RS rank: 402 out of 574

12/22/22 close: $56.02

1 Month avg volatility: $1.41. Volatility stop (for downward breakout): $58.94 or 5.2% above the close.

Change YTD: -2.78%

Volume: 146,500 shares. 3 month avg: 127,302 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe 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.

Danaher Corp (DHR)

Industry: Medical Services

Industry RS rank: 22 out of 60

Stock RS rank: 307 out of 574

12/22/22 close: $258.67

1 Month avg volatility: $5.81. Volatility stop (for upward breakout): $242.39 or 6.3% below the close.

Change YTD: -21.38%

Volume: 1,842,700 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: Three Rising Valleys reversal pattern from 05/12/2022 to 07/14/2022

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.

DJ 30 Industrials (^DJI)

Industry: None

Industry RS rank: 53 out of 60

12/22/22 close: $33,027.49

1 Month avg volatility: $480.20. Volatility stop (for downward breakout): $34,193.75 or 3.5% above the close.

Change YTD: -9.11%

Volume: 0 shares. 3 month avg: 128,388,480 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 12/01/2022 to 12/13/2022

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.

Dril-Quip Inc (DRQ)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 9 out of 60

Stock RS rank: 289 out of 574

12/22/22 close: $25.51

1 Month avg volatility: $0.99. Volatility stop (for upward breakout): $22.98 or 9.9% below the close.

Change YTD: 29.62%

Volume: 301,100 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: Pipe bottom reversal pattern from 12/05/2022 to 12/12/2022

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.

Ecolab Inc. (ECL)

Industry: Chemical (Specialty)

Industry RS rank: 37 out of 60

Stock RS rank: 433 out of 574

12/22/22 close: $143.05

1 Month avg volatility: $3.14. Volatility stop (for downward breakout): $149.52 or 4.5% above the close.

Change YTD: -38.43%

Volume: 1,019,800 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 M reversal pattern from 11/11/2022 to 12/13/2022

Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 11%.
Pullbacks occur 63% of the time.
Price hits measure rule target 57% of the time.

Fair Isaac Corp (FICO)

Industry: IT Services

Industry RS rank: 24 out of 60

Stock RS rank: 8 out of 574

12/22/22 close: $614.52

1 Month avg volatility: $18.79. Volatility stop (for downward breakout): $655.06 or 6.6% above the close.

Change YTD: 41.70%

Volume: 128,400 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: Double Top, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022

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.

FedEx (FDX)

Industry: Air Transport

Industry RS rank: 56 out of 60

Stock RS rank: 532 out of 574

12/22/22 close: $175.69

1 Month avg volatility: $4.73. Volatility stop (for downward breakout): $185.23 or 5.4% above the close.

Change YTD: -32.07%

Volume: 5,104,700 shares. 3 month avg: 1,372,055 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Eve and Adam reversal pattern from 12/01/2022 to 12/13/2022

WARNING: A dead-cat bounce occurred on 09/16/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 03/17/2023.
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.

Fidelity National Information Svcs (FIS)

Industry: Computer Software and Svcs

Industry RS rank: 52 out of 60

Stock RS rank: 545 out of 574

12/22/22 close: $66.58

1 Month avg volatility: $2.41. Volatility stop (for downward breakout): $71.56 or 7.5% above the close.

Change YTD: -39.00%

Volume: 5,286,600 shares. 3 month avg: 1,473,917 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 M reversal pattern from 12/02/2022 to 12/15/2022

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 100% of the time.
Average decline: 17%.
Break-even failure rate: 11%.
Pullbacks occur 63% of the time.
Price hits measure rule target 57% of the time.

Fiserv, Inc (FISV)

Industry: IT Services

Industry RS rank: 24 out of 60

Stock RS rank: 205 out of 574

12/22/22 close: $99.54

1 Month avg volatility: $2.35. Volatility stop (for downward breakout): $105.77 or 6.3% above the close.

Change YTD: -4.09%

Volume: 2,186,900 shares. 3 month avg: 915,811 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Eve and Adam reversal pattern from 12/02/2022 to 12/13/2022

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.

FMC Corp. (FMC)

Industry: Chemical (Basic)

Industry RS rank: 44 out of 60

Stock RS rank: 150 out of 574

12/22/22 close: $124.67

1 Month avg volatility: $2.63. Volatility stop (for downward breakout): $130.40 or 4.6% above the close.

Change YTD: 13.45%

Volume: 500,800 shares. 3 month avg: 1,151,138 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe top reversal pattern from 11/28/2022 to 12/05/2022

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.

Fortinet Inc (FTNT)

Industry: Computer Software and Svcs

Industry RS rank: 52 out of 60

Stock RS rank: 485 out of 574

12/22/22 close: $49.15

1 Month avg volatility: $1.77. Volatility stop (for downward breakout): $53.53 or 8.9% above the close.

Change YTD: -31.62%

Volume: 4,815,300 shares. 3 month avg: 1,532,971 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: Horn top reversal pattern from 11/28/2022 to 12/12/2022

Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

Fortive Corp (FTV)

Industry: Industrial Services

Industry RS rank: 10 out of 60

Stock RS rank: 138 out of 574

12/22/22 close: $63.94

1 Month avg volatility: $1.28. Volatility stop (for upward breakout): $60.16 or 5.9% below the close.

Change YTD: -15.82%

Volume: 928,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Pipe bottom reversal pattern from 03/07/2022 to 03/14/2022

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.

Gartner Inc (IT)

Industry: IT Services

Industry RS rank: 24 out of 60

Stock RS rank: 20 out of 574

12/22/22 close: $335.04

1 Month avg volatility: $6.61. Volatility stop (for downward breakout): $351.89 or 5.0% above the close.

Change YTD: 0.22%

Volume: 404,400 shares. 3 month avg: 564,655 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022

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.

Globalfoundries Inc (GFS)

Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 50 out of 60

Stock RS rank: 83 out of 574

12/22/22 close: $55.18

1 Month avg volatility: $2.52. Volatility stop (for upward breakout): $48.86 or 11.5% below the close.

Change YTD: -15.07%

Volume: 1,858,100 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 01/24/2022 to 01/31/2022

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.

Graco Incorporated (GGG)

Industry: Machinery

Industry RS rank: 6 out of 60

Stock RS rank: 179 out of 574

12/22/22 close: $66.38

1 Month avg volatility: $1.34. Volatility stop (for upward breakout): $62.80 or 5.4% below the close.

Change YTD: -17.66%

Volume: 424,500 shares. 3 month avg: 251,886 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Broadening top, right-angled and descending continuation pattern from 11/17/2022 to 12/16/2022

Breakout 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.

Heartland Express, Inc (HTLD)

Industry: Trucking/Transp. Leasing

Industry RS rank: 7 out of 60

Stock RS rank: 145 out of 574

12/22/22 close: $15.72

1 Month avg volatility: $0.47. Volatility stop (for downward breakout): $16.69 or 6.2% above the close.

Change YTD: -6.54%

Volume: 150,700 shares. 3 month avg: 472,148 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Broadening top reversal pattern from 11/23/2022 to 12/14/2022

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.

Hovnanian Enterprises Inc (HOV)

Industry: Homebuilding

Industry RS rank: 3 out of 60

Stock RS rank: 184 out of 574

12/22/22 close: $46.54

1 Month avg volatility: $3.02. Volatility stop (for upward breakout): $38.38 or 17.5% below the close.

Change YTD: -63.44%

Volume: 67,400 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: Triangle, symmetrical continuation pattern from 12/06/2022 to 12/22/2022

Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

Howmet Aerospace Inc (HWM)

Industry: Aerospace/Defense

Industry RS rank: 15 out of 60

Stock RS rank: 85 out of 574

12/22/22 close: $38.54

1 Month avg volatility: $0.85. Volatility stop (for downward breakout): $40.52 or 5.1% above the close.

Change YTD: 21.43%

Volume: 2,495,300 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: Triple top reversal pattern from 03/22/2022 to 06/07/2022

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.

Humana (HUM)

Industry: Medical Services

Industry RS rank: 22 out of 60

Stock RS rank: 170 out of 574

12/22/22 close: $512.43

1 Month avg volatility: $10.10. Volatility stop (for upward breakout): $484.84 or 5.4% below the close.

Change YTD: 11.03%

Volume: 661,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe bottom reversal pattern from 09/27/2021 to 10/04/2021

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.

Huntsman Corporation (HUN)

Industry: Chemical (Specialty)

Industry RS rank: 37 out of 60

Stock RS rank: 416 out of 574

12/22/22 close: $26.80

1 Month avg volatility: $0.71. Volatility stop (for upward breakout): $24.83 or 7.4% below the close.

Change YTD: -20.98%

Volume: 1,170,800 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 11/19/2021 to 12/13/2021

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.

Insulet Corporation (PODD)

Industry: Medical Supplies

Industry RS rank: 25 out of 60

Stock RS rank: 19 out of 574

12/22/22 close: $297.82

1 Month avg volatility: $7.95. Volatility stop (for downward breakout): $319.29 or 7.2% above the close.

Change YTD: 11.93%

Volume: 131,500 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 03/28/2022 to 04/04/2022

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.

Integer Holdings Corp (ITGR)

Industry: Electronics

Industry RS rank: 57 out of 60

Stock RS rank: 386 out of 574

12/22/22 close: $68.09

1 Month avg volatility: $2.09. Volatility stop (for downward breakout): $72.43 or 6.4% above the close.

Change YTD: -20.45%

Volume: 150,900 shares. 3 month avg: 128,783 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Head-and-shoulders top reversal pattern from 11/22/2022 to 12/09/2022

WARNING: A dead-cat bounce occurred on 10/06/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 01/05/2023 and a 38% chance by 04/06/2023.
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.

Intel Corporation (INTC)

Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 50 out of 60

Stock RS rank: 550 out of 574

12/22/22 close: $25.97

1 Month avg volatility: $0.79. Volatility stop (for downward breakout): $28.03 or 7.9% above the close.

Change YTD: -49.57%

Volume: 47,305,900 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: Three Falling Peaks reversal pattern from 11/15/2022 to 12/13/2022

Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

Lamar Advertising (LAMR)

Industry: Advertising

Industry RS rank: 18 out of 60

Stock RS rank: 329 out of 574

12/22/22 close: $93.16

1 Month avg volatility: $2.32. Volatility stop (for downward breakout): $98.01 or 5.2% above the close.

Change YTD: -23.20%

Volume: 380,700 shares. 3 month avg: 612,354 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 12/01/2022 to 12/14/2022

Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

MACOM Technology Solutions Holdings (MTSI)

Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 50 out of 60

Stock RS rank: 23 out of 574

12/22/22 close: $64.14

1 Month avg volatility: $2.03. Volatility stop (for downward breakout): $69.15 or 7.8% above the close.

Change YTD: -18.08%

Volume: 245,700 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 Top, Eve and Adam reversal pattern from 11/15/2022 to 12/13/2022

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.

Manpower Inc. (MAN)

Industry: Human Resources

Industry RS rank: 42 out of 60

Stock RS rank: 311 out of 574

12/22/22 close: $82.23

1 Month avg volatility: $1.76. Volatility stop (for downward breakout): $86.00 or 4.6% above the close.

Change YTD: -15.51%

Volume: 263,300 shares. 3 month avg: 353,946 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

Chart pattern: Head-and-shoulders top reversal pattern from 11/22/2022 to 12/13/2022

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.

Moodys Corp (MCO)

Industry: Information Services

Industry RS rank: 29 out of 60

Stock RS rank: 294 out of 574

12/22/22 close: $279.19

1 Month avg volatility: $6.58. Volatility stop (for downward breakout): $294.17 or 5.4% above the close.

Change YTD: -28.52%

Volume: 441,600 shares. 3 month avg: 714,397 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 11/11/2022 to 12/13/2022

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.

Nasdaq Composite (^IXIC)

Industry: None

Industry RS rank: 53 out of 60

12/22/22 close: $10,476.12

1 Month avg volatility: $214.46. Volatility stop (for downward breakout): $11,028.26 or 5.3% above the close.

Change YTD: -33.04%

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 12/13/2022

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.

Nisource Inc. (NI)

Industry: Electric Utility (Central)

Industry RS rank: 38 out of 60

Stock RS rank: 374 out of 574

12/22/22 close: $27.42

1 Month avg volatility: $0.51. Volatility stop (for downward breakout): $28.50 or 3.9% above the close.

Change YTD: -0.69%

Volume: 1,855,100 shares. 3 month avg: 3,688,512 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022

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.

OGE Energy Corp (OGE)

Industry: Electric Utility (Central)

Industry RS rank: 38 out of 60

Stock RS rank: 230 out of 574

12/22/22 close: $39.57

1 Month avg volatility: $0.74. Volatility stop (for downward breakout): $41.36 or 4.5% above the close.

Change YTD: 3.10%

Volume: 629,200 shares. 3 month avg: 1,006,480 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, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022

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.

Omnicell, Inc (OMCL)

Industry: Healthcare Information

Industry RS rank: 59 out of 60

Stock RS rank: 572 out of 574

12/22/22 close: $48.36

1 Month avg volatility: $2.37. Volatility stop (for downward breakout): $53.34 or 10.3% above the close.

Change YTD: -73.20%

Volume: 460,800 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 11/09/2022 to 12/22/2022

WARNING: A dead-cat bounce occurred on 11/02/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 02/01/2023 and a 38% chance by 05/03/2023.
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.

Omnicom Group (OMC)

Industry: Advertising

Industry RS rank: 18 out of 60

Stock RS rank: 75 out of 574

12/22/22 close: $78.78

1 Month avg volatility: $1.59. Volatility stop (for downward breakout): $81.99 or 4.1% above the close.

Change YTD: 7.52%

Volume: 1,254,800 shares. 3 month avg: 2,548,395 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: Diamond top reversal pattern from 11/23/2022 to 12/22/2022

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.

ON Semiconductor Corp (ON)

Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 50 out of 60

Stock RS rank: 96 out of 574

12/22/22 close: $62.12

1 Month avg volatility: $2.71. Volatility stop (for upward breakout): $55.26 or 11.1% below the close.

Change YTD: -8.54%

Volume: 9,753,300 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: 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.

Outfont Media (OUT)

Industry: Advertising

Industry RS rank: 18 out of 60

Stock RS rank: 425 out of 574

12/22/22 close: $16.36

1 Month avg volatility: $0.57. Volatility stop (for downward breakout): $17.55 or 7.3% above the close.

Change YTD: -39.00%

Volume: 2,125,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

Chart pattern: Triple top reversal pattern from 11/15/2022 to 12/13/2022

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.

Penumbra, Inc (PEN)

Industry: Medical Supplies

Industry RS rank: 25 out of 60

Stock RS rank: 3 out of 574

12/22/22 close: $223.53

1 Month avg volatility: $7.07. Volatility stop (for upward breakout): $204.20 or 8.7% below the close.

Change YTD: -22.20%

Volume: 249,400 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 03/14/2022 to 03/25/2022

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.

PPG Industries Inc (PPG)

Industry: Chemical (Diversified)

Industry RS rank: 28 out of 60

Stock RS rank: 199 out of 574

12/22/22 close: $125.86

1 Month avg volatility: $2.82. Volatility stop (for downward breakout): $131.52 or 4.5% above the close.

Change YTD: -27.01%

Volume: 722,700 shares. 3 month avg: 1,342,054 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 12/02/2022 to 12/13/2022

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.

Rambus Inc (RMBS)

Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 46 out of 60

Stock RS rank: 4 out of 574

12/22/22 close: $36.25

1 Month avg volatility: $0.88. Volatility stop (for downward breakout): $38.48 or 6.2% above the close.

Change YTD: 23.34%

Volume: 673,000 shares. 3 month avg: 669,732 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

Chart pattern: Triple top reversal pattern from 11/14/2022 to 12/13/2022

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.

Raytheon Technologies Corp (RTX)

Industry: Aerospace/Defense

Industry RS rank: 15 out of 60

Stock RS rank: 266 out of 574

12/22/22 close: $98.51

1 Month avg volatility: $1.76. Volatility stop (for upward breakout): $93.46 or 5.1% below the close.

Change YTD: 17.14%

Volume: 3,161,900 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 12/01/2021 to 12/20/2021

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.

Regeneron Pharmaceuticals (REGN)

Industry: Biotechnology

Industry RS rank: 8 out of 60

Stock RS rank: 71 out of 574

12/22/22 close: $733.62

1 Month avg volatility: $16.05. Volatility stop (for upward breakout): $693.95 or 5.4% below the close.

Change YTD: 16.17%

Volume: 506,300 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 bottom reversal pattern from 01/07/2022 to 02/24/2022

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.

Rockwell Automation Inc (ROK)

Industry: Diversified Co.

Industry RS rank: 14 out of 60

Stock RS rank: 46 out of 574

12/22/22 close: $255.97

1 Month avg volatility: $5.99. Volatility stop (for downward breakout): $269.88 or 5.4% above the close.

Change YTD: -26.62%

Volume: 449,600 shares. 3 month avg: 619,245 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Eve and Adam reversal pattern from 11/14/2022 to 12/13/2022

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.

Roper Technologies, Inc (ROP)

Industry: Industrial Services

Industry RS rank: 10 out of 60

Stock RS rank: 194 out of 574

12/22/22 close: $428.51

1 Month avg volatility: $8.05. Volatility stop (for upward breakout): $404.83 or 5.5% below the close.

Change YTD: -12.37%

Volume: 347,100 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 Rising Valleys reversal pattern from 01/28/2022 to 03/14/2022

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.

S and P 500 (^GSPC)

Industry: None

Industry RS rank: 53 out of 60

12/22/22 close: $3,822.39

1 Month avg volatility: $60.74. Volatility stop (for downward breakout): $3,974.74 or 4.0% above the close.

Change YTD: -19.80%

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 Friday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022

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.

Scotts Miracle-Gro Co. (SMG)

Industry: Chemical (Basic)

Industry RS rank: 44 out of 60

Stock RS rank: 557 out of 574

12/22/22 close: $47.41

1 Month avg volatility: $2.15. Volatility stop (for downward breakout): $51.80 or 9.3% above the close.

Change YTD: -70.55%

Volume: 1,069,900 shares. 3 month avg: 327,891 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Pipe top reversal pattern from 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.

SEI Investments Co (SEIC)

Industry: IT Services

Industry RS rank: 24 out of 60

Stock RS rank: 226 out of 574

12/22/22 close: $58.19

1 Month avg volatility: $1.24. Volatility stop (for downward breakout): $61.27 or 5.3% above the close.

Change YTD: -4.51%

Volume: 437,500 shares. 3 month avg: 571,423 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: Head-and-shoulders top reversal pattern from 11/25/2022 to 12/13/2022

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.

Sempra Energy (SRE)

Industry: Electric Utility (West)

Industry RS rank: 26 out of 60

Stock RS rank: 241 out of 574

12/22/22 close: $157.04

1 Month avg volatility: $2.99. Volatility stop (for downward breakout): $163.17 or 3.9% above the close.

Change YTD: 18.72%

Volume: 1,168,700 shares. 3 month avg: 1,356,452 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, Adam and Adam reversal pattern from 12/01/2022 to 12/13/2022

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.

Semtech Corp (SMTC)

Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 46 out of 60

Stock RS rank: 570 out of 574

12/22/22 close: $27.02

1 Month avg volatility: $1.17. Volatility stop (for downward breakout): $29.58 or 9.5% above the close.

Change YTD: -69.62%

Volume: 880,900 shares. 3 month avg: 510,991 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 12/13/2022

WARNING: A dead-cat bounce occurred on 09/01/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 03/02/2023.
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.

Southwest Airlines Company (LUV)

Industry: Air Transport

Industry RS rank: 56 out of 60

Stock RS rank: 387 out of 574

12/22/22 close: $35.46

1 Month avg volatility: $1.03. Volatility stop (for downward breakout): $38.70 or 9.1% above the close.

Change YTD: -17.23%

Volume: 5,559,300 shares. 3 month avg: 5,071,869 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 12/05/2022 to 12/13/2022

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.

Tapestry Inc (TPR)

Industry: Apparel

Industry RS rank: 40 out of 60

Stock RS rank: 119 out of 574

12/22/22 close: $37.40

1 Month avg volatility: $0.92. Volatility stop (for downward breakout): $39.26 or 5.0% above the close.

Change YTD: -7.88%

Volume: 2,632,300 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 Thursday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 12/02/2022 to 12/13/2022

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.

Teledyne Technologies Inc (TDY)

Industry: Aerospace/Defense

Industry RS rank: 15 out of 60

Stock RS rank: 256 out of 574

12/22/22 close: $393.31

1 Month avg volatility: $8.38. Volatility stop (for downward breakout): $413.89 or 5.2% above the close.

Change YTD: -9.98%

Volume: 132,700 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, right-angled and ascending reversal pattern from 11/10/2022 to 12/13/2022

Breakout is downward 66% of the time.
Average decline: 15%.
Break-even failure rate: 20%.
Pullbacks occur 65% of the time.
Price hits measure rule target 32% of the time.

Teradyne Inc. (TER)

Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 46 out of 60

Stock RS rank: 440 out of 574

12/22/22 close: $86.11

1 Month avg volatility: $3.07. Volatility stop (for downward breakout): $93.75 or 8.9% above the close.

Change YTD: -47.34%

Volume: 2,146,800 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: Double Top, Eve and Adam reversal pattern from 11/15/2022 to 12/13/2022

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.

TransDigm Group Inc (TDG)

Industry: Aerospace/Defense

Industry RS rank: 15 out of 60

Stock RS rank: 109 out of 574

12/22/22 close: $619.05

1 Month avg volatility: $13.82. Volatility stop (for downward breakout): $649.59 or 4.9% above the close.

Change YTD: 0.04%

Volume: 296,200 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: Triangle, descending reversal pattern from 11/10/2022 to 12/22/2022

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.

Transocean Inc. (RIG)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 9 out of 60

Stock RS rank: 59 out of 574

12/22/22 close: $4.47

1 Month avg volatility: $0.23. Volatility stop (for upward breakout): $3.93 or 12.2% below the close.

Change YTD: 61.96%

Volume: 16,719,300 shares. 3 month avg: 13,612,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.

Chart pattern: Pipe bottom reversal pattern from 12/05/2022 to 12/12/2022

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.

UnitedHealth Group Inc (UNH)

Industry: Medical Services

Industry RS rank: 22 out of 60

Stock RS rank: 255 out of 574

12/22/22 close: $527.09

1 Month avg volatility: $9.31. Volatility stop (for downward breakout): $547.62 or 3.9% above the close.

Change YTD: 6.32%

Volume: 1,850,800 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 02/03/2022 to 02/09/2022

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.

Vertex Pharmaceuticals (VRTX)

Industry: Biotechnology

Industry RS rank: 8 out of 60

Stock RS rank: 258 out of 574

12/22/22 close: $293.92

1 Month avg volatility: $7.05. Volatility stop (for downward breakout): $308.45 or 4.9% above the close.

Change YTD: 33.84%

Volume: 1,164,400 shares. 3 month avg: 1,548,174 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Triple top reversal pattern from 11/23/2022 to 12/08/2022

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.

Visa (V)

Industry: Financial Services

Industry RS rank: 34 out of 60

Stock RS rank: 299 out of 574

12/22/22 close: $205.06

1 Month avg volatility: $4.11. Volatility stop (for downward breakout): $214.88 or 4.8% above the close.

Change YTD: -5.38%

Volume: 5,686,400 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 12/01/2022 to 12/13/2022

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.

Western Union Co (WU)

Industry: Financial Services

Industry RS rank: 34 out of 60

Stock RS rank: 501 out of 574

12/22/22 close: $13.61

1 Month avg volatility: $0.35. Volatility stop (for downward breakout): $14.34 or 5.4% above the close.

Change YTD: -23.71%

Volume: 4,575,900 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: Head-and-shoulders top reversal pattern from 11/15/2022 to 12/13/2022

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.

WillScot Mobile Mini Holdings Corp (WSC)

Industry: Industrial Services

Industry RS rank: 10 out of 60

Stock RS rank: 26 out of 574

12/22/22 close: $45.17

1 Month avg volatility: $0.96. Volatility stop (for downward breakout): $47.57 or 5.3% above the close.

Change YTD: 10.60%

Volume: 1,505,200 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 11/10/2022 to 12/01/2022

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.

First Trust DJ Internet ETF (FDN)

Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 32 out of 60

Stock RS rank: 429 out of 574

12/22/22 close: $122.11

1 Month avg volatility: $3.25. Volatility stop (for downward breakout): $129.67 or 6.2% above the close.

Change YTD: -46.00%

Volume: 485,700 shares. 3 month avg: 212,098 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 top reversal pattern from 11/28/2022 to 12/12/2022

Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

First Trust NASDAQ 100 Tech Sector ETF (QTEC)

Industry: Electronics

Industry RS rank: 57 out of 60

Stock RS rank: 459 out of 574

12/22/22 close: $105.09

1 Month avg volatility: $2.68. Volatility stop (for downward breakout): $112.32 or 6.9% above the close.

Change YTD: -40.00%

Volume: 177,800 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 top reversal pattern from 11/28/2022 to 12/12/2022

Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

iShares PHLX SOX Semiconductor Sector (SOXX)

Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 50 out of 60

Stock RS rank: 414 out of 574

12/22/22 close: $348.58

1 Month avg volatility: $10.42. Volatility stop (for downward breakout): $377.61 or 8.3% above the close.

Change YTD: -35.72%

Volume: 1,800,200 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: Triple top reversal pattern from 11/15/2022 to 12/13/2022

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.

SPDR Technology Select Sector (XLK)

Industry: IT Services

Industry RS rank: 24 out of 60

Stock RS rank: 401 out of 574

12/22/22 close: $124.47

1 Month avg volatility: $2.96. Volatility stop (for downward breakout): $132.15 or 6.2% above the close.

Change YTD: -28.41%

Volume: 7,606,200 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 Wednesday.

Chart pattern: Broadening top reversal pattern from 11/15/2022 to 12/13/2022

Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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