As of 11/21/2024
  Indus: 43,870 +461.88 +1.1%  
  Trans: 17,172 +169.53 +1.0%  
  Utils: 1,076 +20.58 +2.0%  
  Nasdaq: 18,972 +6.28 +0.0%  
  S&P 500: 5,949 +31.60 +0.5%  
YTD
 +16.4%  
 +8.0%  
 +22.0%  
 +26.4%  
 +24.7%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,200 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 or 5,800 by 12/01/2024
As of 11/21/2024
  Indus: 43,870 +461.88 +1.1%  
  Trans: 17,172 +169.53 +1.0%  
  Utils: 1,076 +20.58 +2.0%  
  Nasdaq: 18,972 +6.28 +0.0%  
  S&P 500: 5,949 +31.60 +0.5%  
YTD
 +16.4%  
 +8.0%  
 +22.0%  
 +26.4%  
 +24.7%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,200 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 or 5,800 by 12/01/2024

Patterns for the Weekend Details

Copyright © 2023 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.
 
AES Corp (AES)
Industry: Electric Utility (East)
Industry RS rank: 57 out of 60
Stock RS rank: 152 out of 609
2/2/23 close: $26.52
1 Month avg volatility: $0.79. Volatility stop (for upward breakout): $24.86 or 6.3% below the close.
Change YTD: -7.79%
Volume: 5,502,100 shares. 3 month avg: 5,494,342 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 01/03/2023 to 01/27/2023
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.

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Akamai Technologies Inc (AKAM)
Industry: E-Commerce
Industry RS rank: 42 out of 60
Stock RS rank: 473 out of 609
2/2/23 close: $91.28
1 Month avg volatility: $1.44. Volatility stop (for upward breakout): $86.95 or 4.7% below the close.
Change YTD: 8.28%
Volume: 1,057,800 shares. 3 month avg: 2,185,974 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 12/22/2022 to 01/25/2023
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.

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Amazon.com Inc. (AMZN)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 6 out of 60
Stock RS rank: 573 out of 609
2/2/23 close: $112.91
1 Month avg volatility: $3.47. Volatility stop (for upward breakout): $101.93 or 9.7% below the close.
Change YTD: 34.42%
Volume: 146,421,600 shares. 3 month avg: 3,583,803 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: Ugly double bottom reversal pattern from 01/06/2023 to 01/25/2023
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.

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American International Group (AIG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 8 out of 60
Stock RS rank: 197 out of 609
2/2/23 close: $59.03
1 Month avg volatility: $1.18. Volatility stop (for downward breakout): $63.45 or 7.5% above the close.
Change YTD: -6.66%
Volume: 10,636,100 shares. 3 month avg: 5,185,998 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 Eve reversal pattern from 12/13/2022 to 01/09/2023
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.

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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: 21 out of 60
Stock RS rank: 113 out of 609
2/2/23 close: $60.26
1 Month avg volatility: $1.88. Volatility stop (for upward breakout): $54.46 or 9.6% below the close.
Change YTD: 23.33%
Volume: 84,600 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: Head-and-shoulders bottom reversal pattern from 12/07/2022 to 01/20/2023
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.

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Amphenol Corp (APH)
Industry: Electronics
Industry RS rank: 55 out of 60
Stock RS rank: 307 out of 609
2/2/23 close: $82.09
1 Month avg volatility: $1.71. Volatility stop (for upward breakout): $77.80 or 5.2% below the close.
Change YTD: 7.81%
Volume: 2,676,200 shares. 3 month avg: 1,207,969 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 12/22/2022 to 01/25/2023
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.

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Arista Networks Inc (ANET)
Industry: E-Commerce
Industry RS rank: 42 out of 60
Stock RS rank: 251 out of 609
2/2/23 close: $133.44
1 Month avg volatility: $4.21. Volatility stop (for upward breakout): $122.09 or 8.5% below the close.
Change YTD: 9.96%
Volume: 4,717,700 shares. 3 month avg: 2,258,017 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 Bottom, Adam and Adam reversal pattern from 01/06/2023 to 01/24/2023
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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Ashland Inc. (ASH)
Industry: Chemical (Basic)
Industry RS rank: 27 out of 60
Stock RS rank: 299 out of 609
2/2/23 close: $107.62
1 Month avg volatility: $2.66. Volatility stop (for upward breakout): $100.50 or 6.6% below the close.
Change YTD: 0.08%
Volume: 809,000 shares. 3 month avg: 610,854 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 bottom reversal pattern from 12/16/2022 to 01/25/2023
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Atmos Energy Corp (ATO)
Industry: Natural Gas (Diversified)
Industry RS rank: 58 out of 60
Stock RS rank: 405 out of 609
2/2/23 close: $119.55
1 Month avg volatility: $2.24. Volatility stop (for upward breakout): $114.21 or 4.5% below the close.
Change YTD: 6.67%
Volume: 1,267,400 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: Head-and-shoulders bottom reversal pattern from 12/22/2022 to 01/20/2023
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.

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Avient (AVNT)
Industry: Chemical (Specialty)
Industry RS rank: 12 out of 60
Stock RS rank: 423 out of 609
2/2/23 close: $42.60
1 Month avg volatility: $1.08. Volatility stop (for upward breakout): $39.42 or 7.5% below the close.
Change YTD: 26.18%
Volume: 436,300 shares. 3 month avg: 523,769 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Scallop, ascending continuation pattern from 12/13/2022 to 01/11/2023
Breakout is upward 80% of the time.
Average rise: 31%.
Break-even failure rate: 10%.
Throwbacks occur 58% of the time.
Price hits measure rule target 58% of the time.

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Balchem Corp (BCPC)
Industry: Chemical (Specialty)
Industry RS rank: 12 out of 60
Stock RS rank: 229 out of 609
2/2/23 close: $139.71
1 Month avg volatility: $3.72. Volatility stop (for upward breakout): $126.73 or 9.3% below the close.
Change YTD: 14.41%
Volume: 228,800 shares. 3 month avg: 82,003 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 01/05/2023 to 01/19/2023
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.

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Boot Barn Holdings Inc (BOOT)
Industry: Shoe
Industry RS rank: 3 out of 60
Stock RS rank: 35 out of 609
2/2/23 close: $87.26
1 Month avg volatility: $4.01. Volatility stop (for upward breakout): $78.00 or 10.6% below the close.
Change YTD: 39.57%
Volume: 661,500 shares. 3 month avg: 434,749 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: Flag continuation pattern from 01/27/2023 to 02/01/2023
Breakout is upward 54% of the time.
Average rise: 23%.
Break-even failure rate: 4%.
Throwbacks occur 43% of the time.
Price hits measure rule target 64% of the time.

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Bread Financial Holdings (BFH)
Industry: Information Services
Industry RS rank: 31 out of 60
Stock RS rank: 243 out of 609
2/2/23 close: $43.94
1 Month avg volatility: $2.28. Volatility stop (for upward breakout): $33.64 or 23.4% below the close.
Change YTD: 16.68%
Volume: 2,157,900 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: Double Bottom, Adam and Adam reversal pattern from 01/19/2023 to 02/01/2023
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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Cincinnati Financial Corp (CINF)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 8 out of 60
Stock RS rank: 137 out of 609
2/2/23 close: $115.41
1 Month avg volatility: $2.72. Volatility stop (for upward breakout): $107.55 or 6.8% below the close.
Change YTD: 12.72%
Volume: 668,000 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: Double Bottom, Adam and Adam reversal pattern from 12/19/2022 to 01/20/2023
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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Clean Energy Fuels Corp. (CLNE)
Industry: Natural Gas (Distributor)
Industry RS rank: 37 out of 60
Stock RS rank: 506 out of 609
2/2/23 close: $5.95
1 Month avg volatility: $0.28. Volatility stop (for upward breakout): $5.23 or 12.1% below the close.
Change YTD: 14.42%
Volume: 2,733,500 shares. 3 month avg: 1,021,160 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: Head-and-shoulders complex bottom reversal pattern from 12/12/2022 to 01/20/2023
Breakout is upward 100% of the time.
Average rise: 39%.
Break-even failure rate: 4%.
Throwbacks occur 63% of the time.
Price hits measure rule target 74% of the time.

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Corning Inc. (GLW)
Industry: Telecom. Equipment
Industry RS rank: 54 out of 60
Stock RS rank: 418 out of 609
2/2/23 close: $36.29
1 Month avg volatility: $0.80. Volatility stop (for downward breakout): $37.94 or 4.5% above the close.
Change YTD: 13.62%
Volume: 4,846,500 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: Double Top, Adam and Adam reversal pattern from 01/12/2023 to 01/30/2023
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.

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CSG Systems International Inc (CSGS)
Industry: IT Services
Industry RS rank: 33 out of 60
Stock RS rank: 483 out of 609
2/2/23 close: $61.92
1 Month avg volatility: $1.18. Volatility stop (for upward breakout): $57.32 or 7.4% below the close.
Change YTD: 8.25%
Volume: 200,500 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: Double Bottom, Adam and Adam reversal pattern from 01/10/2023 to 01/20/2023
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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DJ 20 Transportation (^DJT)
Industry: None
Industry RS rank: 53 out of 60
2/2/23 close: $15,640.70
1 Month avg volatility: $312.51. Volatility stop (for upward breakout): $14,536.93 or 7.1% below the close.
Change YTD: 16.79%
Volume: 135,536,700 shares. 3 month avg: 94,662,425 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 01/18/2023 to 01/30/2023
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.

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Expeditors International of Washington (EXPD)
Industry: Air Transport
Industry RS rank: 49 out of 60
Stock RS rank: 177 out of 609
2/2/23 close: $118.87
1 Month avg volatility: $2.81. Volatility stop (for upward breakout): $107.81 or 9.3% below the close.
Change YTD: 14.39%
Volume: 4,961,100 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 bottom reversal pattern from 01/19/2023 to 01/31/2023
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.

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Fastenal Company (FAST)
Industry: Retail Building Supply
Industry RS rank: 13 out of 60
Stock RS rank: 300 out of 609
2/2/23 close: $55.29
1 Month avg volatility: $1.37. Volatility stop (for upward breakout): $49.46 or 10.6% below the close.
Change YTD: 16.84%
Volume: 7,139,900 shares. 3 month avg: 2,417,771 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 01/05/2023 to 01/19/2023
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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FedEx (FDX)
Industry: Air Transport
Industry RS rank: 49 out of 60
Stock RS rank: 512 out of 609
2/2/23 close: $214.50
1 Month avg volatility: $4.60. Volatility stop (for upward breakout): $200.08 or 6.7% below the close.
Change YTD: 23.85%
Volume: 3,789,900 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 Bottom, Eve and Adam reversal pattern from 01/19/2023 to 01/31/2023
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 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.

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Gartner Inc (IT)
Industry: IT Services
Industry RS rank: 33 out of 60
Stock RS rank: 119 out of 609
2/2/23 close: $348.54
1 Month avg volatility: $7.33. Volatility stop (for upward breakout): $333.18 or 4.4% below the close.
Change YTD: 3.69%
Volume: 596,900 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 Monday.
 
Chart pattern: Triple bottom reversal pattern from 01/05/2023 to 01/25/2023
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.

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Globalfoundries Inc (GFS)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 39 out of 60
Stock RS rank: 131 out of 609
2/2/23 close: $64.79
1 Month avg volatility: $2.32. Volatility stop (for upward breakout): $57.50 or 11.3% below the close.
Change YTD: 20.23%
Volume: 2,370,500 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: Ugly double bottom reversal pattern from 01/03/2023 to 01/20/2023
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.

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Hanesbrand Inc. (HBI)
Industry: Apparel
Industry RS rank: 5 out of 60
Stock RS rank: 604 out of 609
2/2/23 close: $6.28
1 Month avg volatility: $0.35. Volatility stop (for downward breakout): $8.16 or 30.0% above the close.
Change YTD: -1.26%
Volume: 67,495,100 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: Dead-cat bounce continuation pattern from 02/02/2023 to 02/02/2023
Breakout is downward 67% of the time.
Average decline: 18%.

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Home Depot, Inc (HD)
Industry: Retail Building Supply
Industry RS rank: 13 out of 60
Stock RS rank: 230 out of 609
2/2/23 close: $339.79
1 Month avg volatility: $7.50. Volatility stop (for upward breakout): $317.68 or 6.5% below the close.
Change YTD: 7.58%
Volume: 4,581,200 shares. 3 month avg: 4,416,295 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 Bottom, Eve and Eve reversal pattern from 01/06/2023 to 01/20/2023
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.

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Intrepid Potash Inc (IPI)
Industry: Chemical (Diversified)
Industry RS rank: 19 out of 60
Stock RS rank: 583 out of 609
2/2/23 close: $33.24
1 Month avg volatility: $1.33. Volatility stop (for upward breakout): $29.87 or 10.1% below the close.
Change YTD: 15.14%
Volume: 198,200 shares. 3 month avg: 1,190,495 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 01/05/2023 to 01/19/2023
WARNING: A dead-cat bounce occurred on 11/03/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/04/2023.
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.

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Kimball International, Inc. (KBAL)
Industry: Furn/Home Furnishings
Industry RS rank: 40 out of 60
Stock RS rank: 504 out of 609
2/2/23 close: $7.76
1 Month avg volatility: $0.20. Volatility stop (for upward breakout): $7.21 or 7.1% below the close.
Change YTD: 19.38%
Volume: 123,100 shares. 3 month avg: 102,372 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 12/19/2022 to 01/20/2023
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.

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LiveRamp Holdings (RAMP)
Industry: Computer Software and Svcs
Industry RS rank: 52 out of 60
Stock RS rank: 402 out of 609
2/2/23 close: $28.17
1 Month avg volatility: $0.70. Volatility stop (for downward breakout): $30.15 or 7.0% above the close.
Change YTD: 20.18%
Volume: 768,600 shares. 3 month avg: 906,945 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: Rising wedge reversal pattern from 12/14/2022 to 01/19/2023
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price hits measure rule target 46% of the time.

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MACOM Technology Solutions Holdings (MTSI)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 39 out of 60
Stock RS rank: 260 out of 609
2/2/23 close: $66.52
1 Month avg volatility: $2.43. Volatility stop (for upward breakout): $60.55 or 9.0% below the close.
Change YTD: 5.62%
Volume: 1,055,000 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 Bottom, Eve and Adam reversal pattern from 01/05/2023 to 01/20/2023
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.

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Martin Marietta Materials, Inc (MLM)
Industry: Cement and Aggregates
Industry RS rank: 20 out of 60
Stock RS rank: 343 out of 609
2/2/23 close: $370.23
1 Month avg volatility: $8.17. Volatility stop (for upward breakout): $347.08 or 6.3% below the close.
Change YTD: 9.55%
Volume: 392,200 shares. 3 month avg: 575,872 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 Bottom, Eve and Adam reversal pattern from 12/23/2022 to 01/26/2023
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.

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Matrix Service Co. (MTRX)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 2 out of 60
Stock RS rank: 5 out of 609
2/2/23 close: $8.83
1 Month avg volatility: $0.45. Volatility stop (for upward breakout): $7.69 or 13.0% below the close.
Change YTD: 41.96%
Volume: 201,600 shares. 3 month avg: 303,508 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 01/17/2023 to 01/23/2023
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.

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MGE Energy Inc (MGEE)
Industry: Electric Utility (Central)
Industry RS rank: 56 out of 60
Stock RS rank: 521 out of 609
2/2/23 close: $74.77
1 Month avg volatility: $1.29. Volatility stop (for upward breakout): $71.38 or 4.5% below the close.
Change YTD: 6.21%
Volume: 88,200 shares. 3 month avg: 83,160 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple bottom reversal pattern from 12/16/2022 to 01/20/2023
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.

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Northwest Pipe Co (NWPX)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 21 out of 60
Stock RS rank: 65 out of 609
2/2/23 close: $37.98
1 Month avg volatility: $1.04. Volatility stop (for upward breakout): $35.30 or 7.1% below the close.
Change YTD: 12.70%
Volume: 39,600 shares. 3 month avg: 31,645 shares.
This security may be thinly traded (less than 100k 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 Bottom, Eve and Adam reversal pattern from 01/05/2023 to 01/19/2023
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.

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Nu Skin Enterprises, Inc (NUS)
Industry: Toiletries/Cosmetics
Industry RS rank: 34 out of 60
Stock RS rank: 442 out of 609
2/2/23 close: $43.93
1 Month avg volatility: $1.18. Volatility stop (for upward breakout): $41.25 or 6.1% below the close.
Change YTD: 4.20%
Volume: 445,800 shares. 3 month avg: 417,486 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, Eve and Adam reversal pattern from 01/19/2023 to 01/31/2023
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.

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Packaging Corp of America (PKG)
Industry: Packaging and Container
Industry RS rank: 43 out of 60
Stock RS rank: 338 out of 609
2/2/23 close: $145.09
1 Month avg volatility: $3.16. Volatility stop (for upward breakout): $134.98 or 7.0% below the close.
Change YTD: 13.43%
Volume: 895,600 shares. 3 month avg: 777,560 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 Bottom, Eve and Adam reversal pattern from 12/22/2022 to 01/25/2023
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.

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Paylocity Holdfing Corp (PCTY)
Industry: E-Commerce
Industry RS rank: 42 out of 60
Stock RS rank: 403 out of 609
2/2/23 close: $226.04
1 Month avg volatility: $7.71. Volatility stop (for upward breakout): $209.24 or 7.4% below the close.
Change YTD: 16.36%
Volume: 645,700 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 12/27/2022 to 01/25/2023
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.

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Pinnacle West Capital Corp (PNW)
Industry: Electric Utility (West)
Industry RS rank: 48 out of 60
Stock RS rank: 360 out of 609
2/2/23 close: $77.74
1 Month avg volatility: $1.44. Volatility stop (for upward breakout): $73.41 or 5.6% below the close.
Change YTD: 2.24%
Volume: 986,600 shares. 3 month avg: 750,734 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 Bottom, Adam and Adam reversal pattern from 01/24/2023 to 01/31/2023
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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PPG Industries Inc (PPG)
Industry: Chemical (Diversified)
Industry RS rank: 19 out of 60
Stock RS rank: 328 out of 609
2/2/23 close: $134.43
1 Month avg volatility: $3.37. Volatility stop (for upward breakout): $123.50 or 8.1% below the close.
Change YTD: 6.91%
Volume: 1,326,600 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: Triple bottom reversal pattern from 12/22/2022 to 01/19/2023
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.

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Progressive Corp (PGR)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 8 out of 60
Stock RS rank: 151 out of 609
2/2/23 close: $134.97
1 Month avg volatility: $2.67. Volatility stop (for upward breakout): $126.18 or 6.5% below the close.
Change YTD: 4.06%
Volume: 3,725,700 shares. 3 month avg: 3,017,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 01/17/2023 to 01/23/2023
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.

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Schwab, Charles Corporation (SCHW)
Industry: Securities Brokerage
Industry RS rank: 17 out of 60
Stock RS rank: 228 out of 609
2/2/23 close: $76.62
1 Month avg volatility: $2.15. Volatility stop (for upward breakout): $71.41 or 6.8% below the close.
Change YTD: -7.98%
Volume: 12,302,400 shares. 3 month avg: 6,527,123 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Diamond bottom reversal pattern from 01/19/2023 to 02/02/2023
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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Teradata Corp (TDC)
Industry: Computer Software and Svcs
Industry RS rank: 52 out of 60
Stock RS rank: 484 out of 609
2/2/23 close: $36.28
1 Month avg volatility: $0.80. Volatility stop (for upward breakout): $34.13 or 5.9% below the close.
Change YTD: 7.78%
Volume: 792,500 shares. 3 month avg: 1,378,918 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 12/20/2022 to 01/19/2023
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.

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Texas Instruments Inc. (TXN)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 39 out of 60
Stock RS rank: 396 out of 609
2/2/23 close: $184.72
1 Month avg volatility: $4.76. Volatility stop (for upward breakout): $166.22 or 10.0% below the close.
Change YTD: 11.80%
Volume: 11,650,200 shares. 3 month avg: 4,332,837 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 01/12/2023 to 01/31/2023
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.

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Unum Group (UNM)
Industry: Insurance (Diversified)
Industry RS rank: 23 out of 60
Stock RS rank: 201 out of 609
2/2/23 close: $40.94
1 Month avg volatility: $0.93. Volatility stop (for upward breakout): $38.27 or 6.5% below the close.
Change YTD: -0.22%
Volume: 2,359,800 shares. 3 month avg: 1,168,134 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 11/17/2022 to 01/19/2023
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.

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V. F. Corp (VFC)
Industry: Apparel
Industry RS rank: 5 out of 60
Stock RS rank: 596 out of 609
2/2/23 close: $31.14
1 Month avg volatility: $1.07. Volatility stop (for upward breakout): $28.79 or 7.5% below the close.
Change YTD: 12.79%
Volume: 7,038,800 shares. 3 month avg: 2,795,366 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 12/22/2022 to 01/19/2023
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.

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Veeva Systems Inc (VEEV)
Industry: Healthcare Information
Industry RS rank: 60 out of 60
Stock RS rank: 579 out of 609
2/2/23 close: $181.08
1 Month avg volatility: $4.84. Volatility stop (for upward breakout): $167.90 or 7.3% below the close.
Change YTD: 12.21%
Volume: 1,140,800 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: Triple bottom reversal pattern from 12/28/2022 to 01/19/2023
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.

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Vulcan Materials (VMC)
Industry: Cement and Aggregates
Industry RS rank: 20 out of 60
Stock RS rank: 210 out of 609
2/2/23 close: $187.52
1 Month avg volatility: $3.83. Volatility stop (for upward breakout): $176.73 or 5.8% below the close.
Change YTD: 7.09%
Volume: 1,032,300 shares. 3 month avg: 819,125 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 Bottom, Eve and Eve reversal pattern from 12/22/2022 to 01/25/2023
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.

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