As of 04/25/2024
  Indus: 38,086 -375.12 -1.0%  
  Trans: 15,297 +219.09 +1.5%  
  Utils: 895 +1.83 +0.2%  
  Nasdaq: 15,612 -100.99 -0.6%  
  S&P 500: 5,048 -23.21 -0.5%  
YTD
 +1.1%  
-3.8%  
 +1.5%  
 +4.0%  
 +5.8%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024
As of 04/25/2024
  Indus: 38,086 -375.12 -1.0%  
  Trans: 15,297 +219.09 +1.5%  
  Utils: 895 +1.83 +0.2%  
  Nasdaq: 15,612 -100.99 -0.6%  
  S&P 500: 5,048 -23.21 -0.5%  
YTD
 +1.1%  
-3.8%  
 +1.5%  
 +4.0%  
 +5.8%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024

Patterns for the Weekend Details

Copyright © 2022 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

 

Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
Accenture plc (ACN)
Industry: IT Services
Industry RS rank: 24 out of 60
Stock RS rank: 426 out of 574
12/29/22 close: $268.38
1 Month avg volatility: $7.34. Volatility stop (for downward breakout): $285.55 or 6.4% above the close.
Change YTD: -35.26%
Volume: 1,515,100 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: 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.

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Advanced Energy (AEIS)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 44 out of 60
Stock RS rank: 116 out of 574
12/29/22 close: $85.73
1 Month avg volatility: $2.82. Volatility stop (for downward breakout): $91.57 or 6.8% above the close.
Change YTD: -5.85%
Volume: 133,500 shares. 3 month avg: 447,252 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, Adam and Adam reversal pattern from 11/15/2022 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.

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American Woodmark Corp (AMWD)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 34 out of 60
Stock RS rank: 187 out of 574
12/29/22 close: $49.56
1 Month avg volatility: $2.17. Volatility stop (for downward breakout): $54.67 or 10.3% above the close.
Change YTD: -23.99%
Volume: 80,900 shares. 3 month avg: 141,992 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Big M reversal pattern from 11/22/2022 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.

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Ametek, Inc (AME)
Industry: Industrial Services
Industry RS rank: 10 out of 60
Stock RS rank: 59 out of 574
12/29/22 close: $140.37
1 Month avg volatility: $2.40. Volatility stop (for downward breakout): $145.76 or 3.8% above the close.
Change YTD: -3.88%
Volume: 398,800 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 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.

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Apple Inc. (AAPL)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 54 out of 60
Stock RS rank: 446 out of 574
12/29/22 close: $129.61
1 Month avg volatility: $4.17. Volatility stop (for downward breakout): $138.82 or 7.1% above the close.
Change YTD: -27.01%
Volume: 75,473,400 shares. 3 month avg: 27,687,312 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe top reversal pattern from 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.

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Armstrong World Industries (AWI)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 34 out of 60
Stock RS rank: 457 out of 574
12/29/22 close: $69.35
1 Month avg volatility: $1.58. Volatility stop (for downward breakout): $73.11 or 5.4% above the close.
Change YTD: -40.28%
Volume: 270,100 shares. 3 month avg: 508,948 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 08/16/2022 to 10/06/2022
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.

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Arrow Electronics (ARW)
Industry: Electronics
Industry RS rank: 56 out of 60
Stock RS rank: 428 out of 574
12/29/22 close: $105.47
1 Month avg volatility: $2.56. Volatility stop (for downward breakout): $110.69 or 5.0% above the close.
Change YTD: -21.45%
Volume: 262,200 shares. 3 month avg: 447,163 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 12/13/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Azenta Inc (AZTA)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 35 out of 60
Stock RS rank: 515 out of 574
12/29/22 close: $58.53
1 Month avg volatility: $2.08. Volatility stop (for downward breakout): $63.20 or 8.0% above the close.
Change YTD: -43.24%
Volume: 774,100 shares. 3 month avg: 448,778 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: 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.

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Beacon Roofing Supply Inc. (BECN)
Industry: Retail Building Supply
Industry RS rank: 17 out of 60
Stock RS rank: 304 out of 574
12/29/22 close: $53.13
1 Month avg volatility: $1.49. Volatility stop (for upward breakout): $49.21 or 7.4% below the close.
Change YTD: -7.36%
Volume: 301,100 shares. 3 month avg: 811,195 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Broadening top, right-angled and descending continuation pattern from 11/10/2022 to 12/02/2022
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.

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Cadence Design Systems Inc (CDNS)
Industry: Computer Software and Svcs
Industry RS rank: 52 out of 60
Stock RS rank: 247 out of 574
12/29/22 close: $161.93
1 Month avg volatility: $4.26. Volatility stop (for downward breakout): $171.70 or 6.0% above the close.
Change YTD: -13.10%
Volume: 771,600 shares. 3 month avg: 2,769,531 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: 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.

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Chevron Corp (CVX)
Industry: Petroleum (Integrated)
Industry RS rank: 4 out of 60
Stock RS rank: 93 out of 574
12/29/22 close: $178.32
1 Month avg volatility: $3.85. Volatility stop (for upward breakout): $168.95 or 5.3% below the close.
Change YTD: 51.96%
Volume: 4,136,000 shares. 3 month avg: 5,172,805 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Triple bottom reversal pattern from 12/09/2022 to 12/22/2022
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Comtech Telecommunications Corp (CMTL)
Industry: Telecom. Equipment
Industry RS rank: 51 out of 60
Stock RS rank: 35 out of 574
12/29/22 close: $12.14
1 Month avg volatility: $0.53. Volatility stop (for downward breakout): $13.29 or 9.5% above the close.
Change YTD: -48.75%
Volume: 100,400 shares. 3 month avg: 255,535 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe top reversal pattern from 12/05/2022 to 12/12/2022
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.

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ConocoPhillips (COP)
Industry: Petroleum (Integrated)
Industry RS rank: 4 out of 60
Stock RS rank: 61 out of 574
12/29/22 close: $116.39
1 Month avg volatility: $3.55. Volatility stop (for upward breakout): $107.52 or 7.6% below the close.
Change YTD: 61.25%
Volume: 2,894,600 shares. 3 month avg: 6,156,062 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple bottom reversal pattern from 12/09/2022 to 12/22/2022
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Eastman Chemical (EMN)
Industry: Chemical (Diversified)
Industry RS rank: 27 out of 60
Stock RS rank: 474 out of 574
12/29/22 close: $82.19
1 Month avg volatility: $1.96. Volatility stop (for downward breakout): $86.61 or 5.4% above the close.
Change YTD: -32.02%
Volume: 552,200 shares. 3 month avg: 1,209,300 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 11/11/2022 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.

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EPAM Systems Inc (EPAM)
Industry: IT Services
Industry RS rank: 24 out of 60
Stock RS rank: 240 out of 574
12/29/22 close: $330.74
1 Month avg volatility: $12.24. Volatility stop (for downward breakout): $358.23 or 8.3% above the close.
Change YTD: -50.52%
Volume: 264,600 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.

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Expeditors International of Washington (EXPD)
Industry: Air Transport
Industry RS rank: 57 out of 60
Stock RS rank: 246 out of 574
12/29/22 close: $105.21
1 Month avg volatility: $2.85. Volatility stop (for downward breakout): $112.03 or 6.5% above the close.
Change YTD: -21.65%
Volume: 722,500 shares. 3 month avg: 1,055,643 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triple top reversal pattern from 11/15/2022 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.

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Exxon Mobil Corp. (XOM)
Industry: Petroleum (Integrated)
Industry RS rank: 4 out of 60
Stock RS rank: 79 out of 574
12/29/22 close: $109.20
1 Month avg volatility: $2.49. Volatility stop (for upward breakout): $103.01 or 5.7% below the close.
Change YTD: 78.46%
Volume: 10,447,600 shares. 3 month avg: 15,538,298 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Three Rising Valleys reversal pattern from 12/07/2022 to 12/22/2022
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.

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Hanesbrand Inc. (HBI)
Industry: Apparel
Industry RS rank: 32 out of 60
Stock RS rank: 566 out of 574
12/29/22 close: $6.26
1 Month avg volatility: $0.25. Volatility stop (for downward breakout): $6.83 or 9.1% above the close.
Change YTD: -62.56%
Volume: 7,768,200 shares. 3 month avg: 6,164,918 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 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.

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HealthEquity, Inc (HQY)
Industry: Healthcare Information
Industry RS rank: 59 out of 60
Stock RS rank: 424 out of 574
12/29/22 close: $61.01
1 Month avg volatility: $2.43. Volatility stop (for upward breakout): $56.06 or 8.1% below the close.
Change YTD: 37.91%
Volume: 301,700 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: Triangle, symmetrical continuation pattern from 12/13/2022 to 12/29/2022
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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Helen of Troy Ltd (HELE)
Industry: Toiletries/Cosmetics
Industry RS rank: 53 out of 60
Stock RS rank: 551 out of 574
12/29/22 close: $111.51
1 Month avg volatility: $3.97. Volatility stop (for upward breakout): $100.53 or 9.9% below the close.
Change YTD: -54.39%
Volume: 444,200 shares. 3 month avg: 160,343 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 12/12/2022 to 12/19/2022
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Insperity (NSP)
Industry: Human Resources
Industry RS rank: 43 out of 60
Stock RS rank: 117 out of 574
12/29/22 close: $114.58
1 Month avg volatility: $2.75. Volatility stop (for downward breakout): $120.83 or 5.5% above the close.
Change YTD: -2.99%
Volume: 106,600 shares. 3 month avg: 131,942 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 11/01/2022 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.

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Kimberly-Clark Corp (KMB)
Industry: Household Products
Industry RS rank: 41 out of 60
Stock RS rank: 340 out of 574
12/29/22 close: $137.24
1 Month avg volatility: $2.05. Volatility stop (for downward breakout): $141.81 or 3.3% above the close.
Change YTD: -3.97%
Volume: 741,900 shares. 3 month avg: 1,579,689 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: Diamond top reversal pattern from 12/01/2022 to 12/29/2022
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.

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Lam Research Corp (LRCX)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 35 out of 60
Stock RS rank: 380 out of 574
12/29/22 close: $420.61
1 Month avg volatility: $14.99. Volatility stop (for downward breakout): $452.56 or 7.6% above the close.
Change YTD: -41.51%
Volume: 1,229,000 shares. 3 month avg: 2,565,394 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe 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.

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Lowes Companies, Inc (LOW)
Industry: Retail Building Supply
Industry RS rank: 17 out of 60
Stock RS rank: 149 out of 574
12/29/22 close: $202.26
1 Month avg volatility: $4.91. Volatility stop (for downward breakout): $212.94 or 5.3% above the close.
Change YTD: -21.75%
Volume: 1,266,300 shares. 3 month avg: 6,401,252 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Broadening top reversal pattern from 11/18/2022 to 12/22/2022
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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Macys, Inc (M)
Industry: Retail Store
Industry RS rank: 23 out of 60
Stock RS rank: 226 out of 574
12/29/22 close: $20.46
1 Month avg volatility: $0.68. Volatility stop (for upward breakout): $18.81 or 8.1% below the close.
Change YTD: -21.85%
Volume: 8,656,900 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: Diamond bottom reversal pattern from 12/19/2022 to 12/29/2022
Breakout is upward 69% of the time.
Average rise: 36%.
Break-even failure rate: 4%.
Throwbacks occur 53% of the time.
Price hits measure rule target 81% of the time.

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Moodys Corp (MCO)
Industry: Information Services
Industry RS rank: 30 out of 60
Stock RS rank: 309 out of 574
12/29/22 close: $282.93
1 Month avg volatility: $6.33. Volatility stop (for downward breakout): $295.74 or 4.5% above the close.
Change YTD: -27.56%
Volume: 316,700 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: 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.

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National Fuel Gas (NFG)
Industry: Natural Gas (Diversified)
Industry RS rank: 50 out of 60
Stock RS rank: 417 out of 574
12/29/22 close: $64.05
1 Month avg volatility: $1.28. Volatility stop (for downward breakout): $66.77 or 4.3% above the close.
Change YTD: 0.17%
Volume: 417,000 shares. 3 month avg: 355,354 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: Roof reversal pattern from 11/07/2022 to 12/29/2022
Breakout is downward 84% of the time.
Average decline: 16%.
Break-even failure rate: 13%.
Pullbacks occur 56% of the time.
Price hits measure rule target 68% of the time.

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ON Semiconductor Corp (ON)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 44 out of 60
Stock RS rank: 87 out of 574
12/29/22 close: $62.71
1 Month avg volatility: $2.60. Volatility stop (for downward breakout): $68.25 or 8.8% above the close.
Change YTD: -7.67%
Volume: 5,214,700 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: Three Falling Peaks reversal pattern from 11/14/2022 to 12/01/2022
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.

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PPL Corporation (PPL)
Industry: Electric Utility (East)
Industry RS rank: 42 out of 60
Stock RS rank: 213 out of 574
12/29/22 close: $29.66
1 Month avg volatility: $0.48. Volatility stop (for upward breakout): $28.54 or 3.8% below the close.
Change YTD: -1.33%
Volume: 2,104,100 shares. 3 month avg: 3,908,818 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 11/23/2022 to 12/29/2022
Breakout is upward 68% of the time.
Average rise: 39%.
Break-even failure rate: 9%.
Throwbacks occur 64% of the time.
Price hits measure rule target 80% of the time.

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Quaker Chemical (KWR)
Industry: Chemical (Specialty)
Industry RS rank: 37 out of 60
Stock RS rank: 174 out of 574
12/29/22 close: $167.61
1 Month avg volatility: $6.99. Volatility stop (for downward breakout): $183.78 or 9.7% above the close.
Change YTD: -27.37%
Volume: 99,700 shares. 3 month avg: 69,343 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: 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.

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Qualcomm Inc. (QCOM)
Industry: Telecom. Equipment
Industry RS rank: 51 out of 60
Stock RS rank: 504 out of 574
12/29/22 close: $109.84
1 Month avg volatility: $3.75. Volatility stop (for downward breakout): $118.15 or 7.6% above the close.
Change YTD: -39.94%
Volume: 6,663,600 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: 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.

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Rambus Inc (RMBS)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 35 out of 60
Stock RS rank: 4 out of 574
12/29/22 close: $36.18
1 Month avg volatility: $0.90. Volatility stop (for downward breakout): $38.15 or 5.4% above the close.
Change YTD: 23.10%
Volume: 339,700 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: 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.

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RingCentral Inc (RNG)
Industry: Computer Software and Svcs
Industry RS rank: 52 out of 60
Stock RS rank: 559 out of 574
12/29/22 close: $35.36
1 Month avg volatility: $2.10. Volatility stop (for downward breakout): $40.01 or 13.1% above the close.
Change YTD: -81.13%
Volume: 1,335,600 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 Thursday.
 
Chart pattern: Triple top reversal pattern from 11/15/2022 to 12/14/2022
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.

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S and P 500 (^GSPC)
Industry: None
Industry RS rank: 55 out of 60
12/29/22 close: $3,849.28
1 Month avg volatility: $62.95. Volatility stop (for upward breakout): $3,679.55 or 4.4% below the close.
Change YTD: -19.24%
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: Diamond bottom reversal pattern from 12/19/2022 to 12/27/2022
Breakout is upward 69% of the time.
Average rise: 36%.
Break-even failure rate: 4%.
Throwbacks occur 53% of the time.
Price hits measure rule target 81% of the time.

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SAIA Inc (SAIA)
Industry: Trucking/Transp. Leasing
Industry RS rank: 15 out of 60
Stock RS rank: 132 out of 574
12/29/22 close: $213.92
1 Month avg volatility: $9.93. Volatility stop (for downward breakout): $237.10 or 10.8% above the close.
Change YTD: -36.53%
Volume: 198,400 shares. 3 month avg: 163,825 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: 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.

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ServiceNow Inc (NOW)
Industry: IT Services
Industry RS rank: 24 out of 60
Stock RS rank: 517 out of 574
12/29/22 close: $389.85
1 Month avg volatility: $14.25. Volatility stop (for downward breakout): $420.63 or 7.9% above the close.
Change YTD: -39.94%
Volume: 919,300 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: 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.

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First Trust DJ Internet ETF (FDN)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 20 out of 60
Stock RS rank: 437 out of 574
12/29/22 close: $123.12
1 Month avg volatility: $3.26. Volatility stop (for downward breakout): $129.95 or 5.6% above the close.
Change YTD: -45.55%
Volume: 345,800 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: 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.

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