As of 12/26/2024

Indus: 43,326 +28.77 +0.1%

Trans: 16,104 +40.79 +0.3%

Utils: 992 -1.47 -0.1%

Nasdaq: 20,020 -10.77 -0.1%

S&P 500: 6,038 -2.45 0.0%

YTD

+15.0%

+1.3%

+12.5%

+33.4%

+26.6%

Targets Overview: 12/12/2024

44,200 or 41,750 by 01/01/2025

16,700 or 15,500 by 01/15/2025

1,050 or 975 by 01/01/2025

20,500 or 19,300 by 01/01/2025

6,100 or 5,775 by 01/01/2025

Chart Pattern Indicator:

on 12/24/24

As of 12/26/2024

Indus: 43,326 +28.77 +0.1%

Trans: 16,104 +40.79 +0.3%

Utils: 992 -1.47 -0.1%

Nasdaq: 20,020 -10.77 -0.1%

S&P 500: 6,038 -2.45 0.0%

YTD

+15.0%

+1.3%

+12.5%

+33.4%

+26.6%

Targets Overview: 12/12/2024

44,200 or 41,750 by 01/01/2025

16,700 or 15,500 by 01/15/2025

1,050 or 975 by 01/01/2025

20,500 or 19,300 by 01/01/2025

6,100 or 5,775 by 01/01/2025

Chart Pattern Indicator:

on 12/24/24

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.

Alarm.com Holdings inc (ALRM)

Industry: Computer Software and Svcs

Industry RS rank: 55 out of 60

Stock RS rank: 569 out of 610

1/12/23 close: $52.88

1 Month avg volatility: $1.59. Volatility stop (for upward breakout): $48.21 or 8.8% below the close.

Change YTD: 6.87%

Volume: 165,400 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: Double Bottom, Adam and Adam reversal pattern from 12/28/2022 to 01/06/2023

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.

Albemarle Corp. (ALB)

Industry: Chemical (Diversified)

Industry RS rank: 15 out of 60

Stock RS rank: 144 out of 610

1/12/23 close: $243.21

1 Month avg volatility: $8.79. Volatility stop (for upward breakout): $218.09 or 10.3% below the close.

Change YTD: 12.15%

Volume: 1,449,200 shares. 3 month avg: 1,363,352 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Pipe bottom reversal pattern from 12/27/2022 to 01/03/2023

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.

Allegiant Travel Company (ALGT)

Industry: Air Transport

Industry RS rank: 58 out of 60

Stock RS rank: 593 out of 610

1/12/23 close: $81.10

1 Month avg volatility: $3.15. Volatility stop (for upward breakout): $71.87 or 11.4% below the close.

Change YTD: 19.28%

Volume: 280,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Ugly double bottom reversal pattern from 10/12/2022 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.

AptarGroup Inc (ATR)

Industry: Packaging and Container

Industry RS rank: 41 out of 60

Stock RS rank: 277 out of 610

1/12/23 close: $113.50

1 Month avg volatility: $2.13. Volatility stop (for upward breakout): $108.14 or 4.7% below the close.

Change YTD: 3.20%

Volume: 179,100 shares. 3 month avg: 241,254 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: Three Rising Valleys reversal pattern from 10/13/2022 to 11/30/2022

Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

Boot Barn Holdings Inc (BOOT)

Industry: Shoe

Industry RS rank: 2 out of 60

Stock RS rank: 326 out of 610

1/12/23 close: $72.35

1 Month avg volatility: $2.95. Volatility stop (for upward breakout): $65.04 or 10.1% below the close.

Change YTD: 15.72%

Volume: 710,300 shares. 3 month avg: 434,749 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: Ugly double bottom reversal pattern from 11/03/2022 to 12/20/2022

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.

CACI International (CACI)

Industry: IT Services

Industry RS rank: 32 out of 60

Stock RS rank: 382 out of 610

1/12/23 close: $293.09

1 Month avg volatility: $6.43. Volatility stop (for downward breakout): $309.60 or 5.6% above the close.

Change YTD: -2.50%

Volume: 131,300 shares. 3 month avg: 131,971 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 01/06/2023

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.

Caleres (CAL)

Industry: Shoe

Industry RS rank: 2 out of 60

Stock RS rank: 553 out of 610

1/12/23 close: $23.17

1 Month avg volatility: $0.83. Volatility stop (for upward breakout): $20.86 or 10.0% below the close.

Change YTD: 3.99%

Volume: 546,000 shares. 3 month avg: 329,342 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 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.

Celanese Corp (CE)

Industry: Chemical (Basic)

Industry RS rank: 40 out of 60

Stock RS rank: 280 out of 610

1/12/23 close: $121.64

1 Month avg volatility: $3.27. Volatility stop (for upward breakout): $111.04 or 8.7% below the close.

Change YTD: 18.97%

Volume: 1,534,600 shares. 3 month avg: 691,697 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Three Rising Valleys reversal pattern from 10/13/2022 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.

Century Aluminum Co. (CENX)

Industry: Metals and Mining (Div.)

Industry RS rank: 6 out of 60

Stock RS rank: 60 out of 610

1/12/23 close: $9.88

1 Month avg volatility: $0.59. Volatility stop (for upward breakout): $8.06 or 18.4% below the close.

Change YTD: 20.78%

Volume: 2,008,500 shares. 3 month avg: 2,285,742 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Head-and-shoulders bottom reversal pattern from 07/06/2022 to 12/19/2022

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Cleveland-Cliffs Inc (CLF)

Industry: Metals and Mining (Div.)

Industry RS rank: 6 out of 60

Stock RS rank: 71 out of 610

1/12/23 close: $20.90

1 Month avg volatility: $0.79. Volatility stop (for upward breakout): $18.31 or 12.4% below the close.

Change YTD: 29.73%

Volume: 25,411,200 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 12/12/2022 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.

Colgate-Palmolive Co (CL)

Industry: Household Products

Industry RS rank: 54 out of 60

Stock RS rank: 479 out of 610

1/12/23 close: $76.84

1 Month avg volatility: $1.23. Volatility stop (for downward breakout): $80.07 or 4.2% above the close.

Change YTD: -2.47%

Volume: 5,782,600 shares. 3 month avg: 3,441,685 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 12/28/2022 to 01/06/2023

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.

CoreCivic, Inc (CXW)

Industry: Industrial Services

Industry RS rank: 10 out of 60

Stock RS rank: 358 out of 610

1/12/23 close: $11.58

1 Month avg volatility: $0.36. Volatility stop (for downward breakout): $12.39 or 7.0% above the close.

Change YTD: 0.17%

Volume: 781,000 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 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.

Deckers Outdoor Corp (DECK)

Industry: Shoe

Industry RS rank: 2 out of 60

Stock RS rank: 31 out of 610

1/12/23 close: $416.72

1 Month avg volatility: $10.77. Volatility stop (for upward breakout): $387.07 or 7.1% below the close.

Change YTD: 4.40%

Volume: 322,500 shares. 3 month avg: 637,325 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

Chart pattern: Three Rising Valleys reversal pattern from 09/30/2022 to 12/20/2022

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 20 Transportation (^DJT)

Industry: None

Industry RS rank: 57 out of 60

1/12/23 close: $14,403.18

1 Month avg volatility: $273.11. Volatility stop (for upward breakout): $13,665.24 or 5.1% below the close.

Change YTD: 7.55%

Volume: 178,976,200 shares. 3 month avg: 98,107,649 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 Eve reversal pattern from 12/22/2022 to 12/30/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

EZCorp Inc (EZPW)

Industry: Financial Services

Industry RS rank: 28 out of 60

Stock RS rank: 179 out of 610

1/12/23 close: $8.87

1 Month avg volatility: $0.28. Volatility stop (for upward breakout): $8.24 or 7.1% below the close.

Change YTD: 8.83%

Volume: 412,300 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 Bottom, Adam and Eve reversal pattern from 12/12/2022 to 12/28/2022

WARNING: A dead-cat bounce occurred on 12/07/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 03/08/2023 and a 38% chance by 06/07/2023.
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Friedman Industries Inc (FRD)

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

Industry RS rank: 33 out of 60

Stock RS rank: 49 out of 610

1/12/23 close: $10.51

1 Month avg volatility: $0.35. Volatility stop (for upward breakout): $9.51 or 9.6% below the close.

Change YTD: 7.35%

Volume: 23,300 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: 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.

Heartland Express, Inc (HTLD)

Industry: Trucking/Transp. Leasing

Industry RS rank: 14 out of 60

Stock RS rank: 246 out of 610

1/12/23 close: $16.39

1 Month avg volatility: $0.42. Volatility stop (for upward breakout): $15.37 or 6.2% below the close.

Change YTD: 6.84%

Volume: 158,600 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: Triple bottom reversal pattern from 12/20/2022 to 01/05/2023

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.

Hecla Mining Co. (HL)

Industry: Metals and Mining (Div.)

Industry RS rank: 6 out of 60

Stock RS rank: 32 out of 610

1/12/23 close: $5.98

1 Month avg volatility: $0.25. Volatility stop (for upward breakout): $5.32 or 11.1% below the close.

Change YTD: 7.55%

Volume: 8,585,700 shares. 3 month avg: 4,539,271 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: Double Bottom, Eve and Adam reversal pattern from 07/06/2022 to 09/26/2022

Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

Hovnanian Enterprises Inc (HOV)

Industry: Homebuilding

Industry RS rank: 17 out of 60

Stock RS rank: 309 out of 610

1/12/23 close: $49.01

1 Month avg volatility: $2.40. Volatility stop (for upward breakout): $42.11 or 14.1% below the close.

Change YTD: 16.47%

Volume: 133,400 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: Pipe bottom reversal pattern from 12/27/2022 to 01/03/2023

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.

IDACORP Inc (IDA)

Industry: Electric Utility (West)

Industry RS rank: 42 out of 60

Stock RS rank: 393 out of 610

1/12/23 close: $108.62

1 Month avg volatility: $1.91. Volatility stop (for upward breakout): $104.06 or 4.2% below the close.

Change YTD: 0.71%

Volume: 121,600 shares. 3 month avg: 199,551 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: Triangle, symmetrical continuation pattern from 12/13/2022 to 01/12/2023

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.

Intuitive Surgical Inc. (ISRG)

Industry: Medical Supplies

Industry RS rank: 36 out of 60

Stock RS rank: 118 out of 610

1/12/23 close: $256.94

1 Month avg volatility: $6.28. Volatility stop (for downward breakout): $272.91 or 6.2% above the close.

Change YTD: -3.17%

Volume: 1,925,000 shares. 3 month avg: 571,982 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 12/01/2022 to 01/09/2023

Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

Jack Henry and Associates (JKHY)

Industry: IT Services

Industry RS rank: 32 out of 60

Stock RS rank: 476 out of 610

1/12/23 close: $181.59

1 Month avg volatility: $3.30. Volatility stop (for upward breakout): $172.86 or 4.8% below the close.

Change YTD: 3.43%

Volume: 289,500 shares. 3 month avg: 543,437 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.

Chart pattern: Double Bottom, Eve and Eve reversal pattern from 12/20/2022 to 01/05/2023

Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

Johnson and Johnson (JNJ)

Industry: Medical Supplies

Industry RS rank: 36 out of 60

Stock RS rank: 458 out of 610

1/12/23 close: $174.00

1 Month avg volatility: $2.18. Volatility stop (for downward breakout): $179.06 or 2.9% above the close.

Change YTD: -1.50%

Volume: 4,258,900 shares. 3 month avg: 5,464,417 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 12/14/2022 to 01/06/2023

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.

Lamar Advertising (LAMR)

Industry: Advertising

Industry RS rank: 9 out of 60

Stock RS rank: 275 out of 610

1/12/23 close: $101.98

1 Month avg volatility: $2.36. Volatility stop (for upward breakout): $96.79 or 5.1% below the close.

Change YTD: 8.03%

Volume: 838,300 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: Head-and-shoulders bottom reversal pattern from 12/07/2022 to 01/03/2023

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Marathon Oil (MRO)

Industry: Petroleum (Integrated)

Industry RS rank: 4 out of 60

Stock RS rank: 85 out of 610

1/12/23 close: $27.38

1 Month avg volatility: $0.87. Volatility stop (for upward breakout): $25.33 or 7.5% below the close.

Change YTD: 1.15%

Volume: 11,647,300 shares. 3 month avg: 12,845,475 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 wedge, descending reversal pattern from 12/13/2022 to 01/09/2023

Breakout 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.

Myriad Genetics Inc (MYGN)

Industry: Biotechnology

Industry RS rank: 22 out of 60

Stock RS rank: 541 out of 610

1/12/23 close: $18.78

1 Month avg volatility: $0.82. Volatility stop (for upward breakout): $16.46 or 12.3% below the close.

Change YTD: 29.43%

Volume: 438,100 shares. 3 month avg: 906,888 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 12/27/2022 to 01/03/2023

WARNING: A dead-cat bounce occurred on 11/01/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 01/31/2023 and a 38% chance by 05/02/2023.
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.

Nabors Industries, Ltd. (NBR)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 1 out of 60

Stock RS rank: 28 out of 610

1/12/23 close: $166.99

1 Month avg volatility: $8.23. Volatility stop (for upward breakout): $145.06 or 13.1% below the close.

Change YTD: 7.83%

Volume: 131,900 shares. 3 month avg: 10,861,705 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 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.

Newell Brands Inc (NWL)

Industry: Household Products

Industry RS rank: 54 out of 60

Stock RS rank: 580 out of 610

1/12/23 close: $15.14

1 Month avg volatility: $0.39. Volatility stop (for upward breakout): $14.06 or 7.1% below the close.

Change YTD: 15.75%

Volume: 3,392,600 shares. 3 month avg: 7,205,206 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 bottom reversal pattern from 11/03/2022 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.

Novanta Inc (NOVT)

Industry: Precision Instrument

Industry RS rank: 25 out of 60

Stock RS rank: 168 out of 610

1/12/23 close: $146.96

1 Month avg volatility: $4.31. Volatility stop (for downward breakout): $156.33 or 6.4% above the close.

Change YTD: 8.16%

Volume: 81,500 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 Thursday.

Chart pattern: Triple top reversal pattern from 11/15/2022 to 12/02/2022

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.

NVidia Corp (NVDA)

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

Industry RS rank: 35 out of 60

Stock RS rank: 331 out of 610

1/12/23 close: $165.11

1 Month avg volatility: $6.93. Volatility stop (for upward breakout): $141.05 or 14.6% below the close.

Change YTD: 12.98%

Volume: 55,016,500 shares. 3 month avg: 15,363,712 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 bottom reversal pattern from 12/27/2022 to 01/03/2023

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.

ON Semiconductor Corp (ON)

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

Industry RS rank: 35 out of 60

Stock RS rank: 148 out of 610

1/12/23 close: $64.93

1 Month avg volatility: $2.53. Volatility stop (for upward breakout): $58.23 or 10.3% below the close.

Change YTD: 4.10%

Volume: 4,801,100 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: Double Bottom, Adam and Adam reversal pattern from 12/28/2022 to 01/05/2023

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.

Q2 Holdings Inc (QTWO)

Industry: E-Commerce

Industry RS rank: 52 out of 60

Stock RS rank: 575 out of 610

1/12/23 close: $30.94

1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $27.33 or 11.7% below the close.

Change YTD: 15.15%

Volume: 622,000 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe bottom reversal pattern from 12/19/2022 to 12/27/2022

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.

Raymond James Financial, Inc. (RJF)

Industry: Securities Brokerage

Industry RS rank: 5 out of 60

Stock RS rank: 115 out of 610

1/12/23 close: $113.83

1 Month avg volatility: $2.34. Volatility stop (for upward breakout): $107.18 or 5.8% below the close.

Change YTD: 6.53%

Volume: 1,442,100 shares. 3 month avg: 692,654 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 Bottom, Eve and Eve reversal pattern from 12/19/2022 to 01/05/2023

Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

Rogers Corp (ROG)

Industry: Electronics

Industry RS rank: 56 out of 60

Stock RS rank: 609 out of 610

1/12/23 close: $127.89

1 Month avg volatility: $3.72. Volatility stop (for upward breakout): $116.98 or 8.5% below the close.

Change YTD: 7.16%

Volume: 451,400 shares. 3 month avg: 160,817 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Ugly double bottom reversal pattern from 11/21/2022 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 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.

RPC Inc (RES)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 1 out of 60

Stock RS rank: 18 out of 610

1/12/23 close: $9.99

1 Month avg volatility: $0.41. Volatility stop (for upward breakout): $8.90 or 10.9% below the close.

Change YTD: 12.37%

Volume: 1,045,900 shares. 3 month avg: 1,275,503 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.

salesforce com (CRM)

Industry: E-Commerce

Industry RS rank: 52 out of 60

Stock RS rank: 530 out of 610

1/12/23 close: $149.60

1 Month avg volatility: $3.99. Volatility stop (for upward breakout): $135.97 or 9.1% below the close.

Change YTD: 12.83%

Volume: 11,640,900 shares. 3 month avg: 4,417,257 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 Eve reversal pattern from 12/08/2022 to 12/22/2022

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Schlumberger Limited (SLB)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 1 out of 60

Stock RS rank: 9 out of 610

1/12/23 close: $58.00

1 Month avg volatility: $1.66. Volatility stop (for upward breakout): $52.86 or 8.9% below the close.

Change YTD: 8.49%

Volume: 12,798,200 shares. 3 month avg: 8,320,412 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.

Chart pattern: Pipe 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.

Silgan Holdings Inc (SLGN)

Industry: Packaging and Container

Industry RS rank: 41 out of 60

Stock RS rank: 79 out of 610

1/12/23 close: $52.47

1 Month avg volatility: $0.96. Volatility stop (for downward breakout): $54.39 or 3.7% above the close.

Change YTD: 1.22%

Volume: 410,500 shares. 3 month avg: 499,285 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 11/30/2022 to 01/12/2023

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.

SkyWest Inc (SKYW)

Industry: Air Transport

Industry RS rank: 58 out of 60

Stock RS rank: 523 out of 610

1/12/23 close: $20.00

1 Month avg volatility: $0.69. Volatility stop (for upward breakout): $17.96 or 10.2% below the close.

Change YTD: 21.14%

Volume: 398,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.

Chart pattern: Pipe bottom reversal pattern from 12/19/2022 to 12/27/2022

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.

Southern Copper (SCCO)

Industry: Metals and Mining (Div.)

Industry RS rank: 6 out of 60

Stock RS rank: 24 out of 610

1/12/23 close: $75.70

1 Month avg volatility: $1.57. Volatility stop (for upward breakout): $69.95 or 7.6% below the close.

Change YTD: 25.35%

Volume: 2,080,400 shares. 3 month avg: 1,021,280 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: Three Rising Valleys reversal pattern from 09/26/2022 to 12/19/2022

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.

Southwest Airlines Company (LUV)

Industry: Air Transport

Industry RS rank: 58 out of 60

Stock RS rank: 503 out of 610

1/12/23 close: $36.97

1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $33.72 or 8.8% below the close.

Change YTD: 9.80%

Volume: 8,006,000 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: Pipe bottom reversal pattern from 12/27/2022 to 01/03/2023

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.

Splunk Inc (SPLK)

Industry: E-Commerce

Industry RS rank: 52 out of 60

Stock RS rank: 490 out of 610

1/12/23 close: $88.86

1 Month avg volatility: $3.52. Volatility stop (for upward breakout): $78.82 or 11.3% below the close.

Change YTD: 3.22%

Volume: 1,449,900 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: Ugly double bottom reversal pattern from 10/13/2022 to 11/04/2022

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

SPS Commerce Inc (SPSC)

Industry: E-Commerce

Industry RS rank: 52 out of 60

Stock RS rank: 142 out of 610

1/12/23 close: $128.77

1 Month avg volatility: $4.43. Volatility stop (for upward breakout): $117.65 or 8.6% below the close.

Change YTD: 0.26%

Volume: 107,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Three Rising Valleys reversal pattern from 05/18/2022 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.

Standex International Corp (SXI)

Industry: Diversified Co.

Industry RS rank: 12 out of 60

Stock RS rank: 70 out of 610

1/12/23 close: $108.68

1 Month avg volatility: $2.41. Volatility stop (for upward breakout): $101.08 or 7.0% below the close.

Change YTD: 6.12%

Volume: 34,400 shares. 3 month avg: 37,109 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

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.

Teleflex Inc (TFX)

Industry: Diversified Co.

Industry RS rank: 12 out of 60

Stock RS rank: 474 out of 610

1/12/23 close: $238.54

1 Month avg volatility: $6.46. Volatility stop (for downward breakout): $254.08 or 6.5% above the close.

Change YTD: -4.44%

Volume: 543,600 shares. 3 month avg: 269,822 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 Eve reversal pattern from 12/13/2022 to 01/10/2023

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.

Timken Co., The (TKR)

Industry: Metal Fabricating

Industry RS rank: 3 out of 60

Stock RS rank: 50 out of 610

1/12/23 close: $75.47

1 Month avg volatility: $1.55. Volatility stop (for upward breakout): $71.17 or 5.7% below the close.

Change YTD: 6.79%

Volume: 553,100 shares. 3 month avg: 853,643 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.

Chart pattern: Head-and-shoulders bottom reversal pattern from 12/07/2022 to 01/03/2023

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Twilio Inc Cl A (TWLO)

Industry: E-Commerce

Industry RS rank: 52 out of 60

Stock RS rank: 601 out of 610

1/12/23 close: $52.72

1 Month avg volatility: $2.46. Volatility stop (for downward breakout): $57.68 or 9.4% above the close.

Change YTD: 7.68%

Volume: 3,116,500 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: Dead-cat bounce continuation pattern from 11/04/2022 to 11/04/2022

Breakout is downward 67% of the time.
Average decline: 18%.

Williams-Sonoma Inc. (WSM)

Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 20 out of 60

Stock RS rank: 466 out of 610

1/12/23 close: $128.60

1 Month avg volatility: $4.22. Volatility stop (for upward breakout): $118.32 or 8.0% below the close.

Change YTD: 11.90%

Volume: 910,100 shares. 3 month avg: 1,925,938 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.

Chart pattern: Triple bottom reversal pattern from 12/06/2022 to 01/03/2023

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.

Wolfspeed (WOLF)

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

Industry RS rank: 35 out of 60

Stock RS rank: 313 out of 610

1/12/23 close: $78.63

1 Month avg volatility: $3.46. Volatility stop (for upward breakout): $68.57 or 12.8% below the close.

Change YTD: 13.89%

Volume: 2,153,500 shares. 3 month avg: 2,005,123 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.

Chart pattern: Pipe bottom reversal pattern from 12/27/2022 to 01/03/2023

WARNING: A dead-cat bounce occurred on 10/27/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 01/26/2023 and a 38% chance by 04/27/2023.
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.

SPDR Technology Select Sector (XLK)

Industry: IT Services

Industry RS rank: 32 out of 60

Stock RS rank: 435 out of 610

1/12/23 close: $130.12

1 Month avg volatility: $2.90. Volatility stop (for upward breakout): $121.98 or 6.3% below the close.

Change YTD: 4.56%

Volume: 7,668,800 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: Double Bottom, Adam and Adam reversal pattern from 12/28/2022 to 01/06/2023

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.

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