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.
 
Adobe Systems (ADBE)
Industry: Computer Software and Svcs
Industry RS rank: 34 out of 60
Stock RS rank: 430 out of 625
3/16/23 close: $353.29
1 Month avg volatility: $8.64. Volatility stop (for upward breakout): $323.25 or 8.5% below the close.
Change YTD: 4.98%
Volume: 6,943,200 shares. 3 month avg: 3,137,863 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 02/24/2023 to 03/13/2023
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.

Top

Alcoa (AA)
Industry: Aerospace/Defense
Industry RS rank: 18 out of 60
Stock RS rank: 477 out of 625
3/16/23 close: $40.75
1 Month avg volatility: $2.48. Volatility stop (for downward breakout): $46.07 or 13.0% above the close.
Change YTD: -10.38%
Volume: 6,503,400 shares. 3 month avg: 8,355,648 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Allegiant Travel Company (ALGT)
Industry: Air Transport
Industry RS rank: 47 out of 60
Stock RS rank: 498 out of 625
3/16/23 close: $86.37
1 Month avg volatility: $3.85. Volatility stop (for downward breakout): $94.79 or 9.8% above the close.
Change YTD: 27.03%
Volume: 208,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Triple top reversal pattern from 02/02/2023 to 03/03/2023
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.

Top

American International Group (AIG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 16 out of 60
Stock RS rank: 458 out of 625
3/16/23 close: $50.19
1 Month avg volatility: $1.56. Volatility stop (for downward breakout): $53.48 or 6.6% above the close.
Change YTD: -20.64%
Volume: 13,156,900 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.

Top

AptarGroup Inc (ATR)
Industry: Packaging and Container
Industry RS rank: 45 out of 60
Stock RS rank: 211 out of 625
3/16/23 close: $112.68
1 Month avg volatility: $2.42. Volatility stop (for downward breakout): $118.11 or 4.8% above the close.
Change YTD: 2.45%
Volume: 209,200 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: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Avista (AVA)
Industry: Electric Utility (West)
Industry RS rank: 52 out of 60
Stock RS rank: 313 out of 625
3/16/23 close: $41.71
1 Month avg volatility: $0.90. Volatility stop (for upward breakout): $39.31 or 5.8% below the close.
Change YTD: -5.93%
Volume: 590,600 shares. 3 month avg: 396,820 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 03/01/2023 to 03/10/2023
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.

Top

Badger Meter Inc. (BMI)
Industry: Precision Instrument
Industry RS rank: 29 out of 60
Stock RS rank: 72 out of 625
3/16/23 close: $116.20
1 Month avg volatility: $2.86. Volatility stop (for downward breakout): $122.11 or 5.1% above the close.
Change YTD: 6.58%
Volume: 118,300 shares. 3 month avg: 149,246 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 02/27/2023 to 03/06/2023
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.

Top

Booking Holdings (BKNG)
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: 68 out of 625
3/16/23 close: $2,439.91
1 Month avg volatility: $51.80. Volatility stop (for downward breakout): $2,556.03 or 4.8% above the close.
Change YTD: 21.07%
Volume: 337,600 shares. 3 month avg: 441,478 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 02/27/2023 to 03/06/2023
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.

Top

Builders FirstSource, Inc (BLDR)
Industry: Retail Building Supply
Industry RS rank: 9 out of 60
Stock RS rank: 11 out of 625
3/16/23 close: $82.39
1 Month avg volatility: $2.77. Volatility stop (for downward breakout): $88.64 or 7.6% above the close.
Change YTD: 26.99%
Volume: 2,468,100 shares. 3 month avg: 1,257,223 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Caleres (CAL)
Industry: Shoe
Industry RS rank: 2 out of 60
Stock RS rank: 427 out of 625
3/16/23 close: $23.35
1 Month avg volatility: $1.06. Volatility stop (for downward breakout): $25.66 or 9.9% above the close.
Change YTD: 4.80%
Volume: 819,200 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: Double Top, Adam and Adam reversal pattern from 02/02/2023 to 02/21/2023
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.

Top

Centerpoint Energy (CNP)
Industry: Electric Utility (Central)
Industry RS rank: 56 out of 60
Stock RS rank: 487 out of 625
3/16/23 close: $29.33
1 Month avg volatility: $0.63. Volatility stop (for upward breakout): $27.67 or 5.7% below the close.
Change YTD: -2.20%
Volume: 6,042,900 shares. 3 month avg: 2,845,400 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 03/01/2023 to 03/10/2023
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.

Top

Century Aluminum Co. (CENX)
Industry: Metals and Mining (Div.)
Industry RS rank: 4 out of 60
Stock RS rank: 73 out of 625
3/16/23 close: $9.16
1 Month avg volatility: $0.68. Volatility stop (for downward breakout): $10.63 or 16.1% above the close.
Change YTD: 11.98%
Volume: 2,088,500 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: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Cleveland-Cliffs Inc (CLF)
Industry: Metals and Mining (Div.)
Industry RS rank: 4 out of 60
Stock RS rank: 143 out of 625
3/16/23 close: $17.61
1 Month avg volatility: $0.89. Volatility stop (for downward breakout): $19.61 or 11.4% above the close.
Change YTD: 9.31%
Volume: 9,358,300 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 02/27/2023 to 03/06/2023
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.

Top

Coty (COTY)
Industry: Toiletries/Cosmetics
Industry RS rank: 15 out of 60
Stock RS rank: 25 out of 625
3/16/23 close: $11.00
1 Month avg volatility: $0.29. Volatility stop (for downward breakout): $11.64 or 5.8% above the close.
Change YTD: 28.50%
Volume: 5,690,600 shares. 3 month avg: 5,764,371 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: Double Top, Adam and Eve reversal pattern from 02/14/2023 to 03/06/2023
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.

Top

Cross Country Healthcare Inc (CCRN)
Industry: Human Resources
Industry RS rank: 42 out of 60
Stock RS rank: 558 out of 625
3/16/23 close: $23.20
1 Month avg volatility: $1.20. Volatility stop (for downward breakout): $25.91 or 11.7% above the close.
Change YTD: -12.68%
Volume: 428,900 shares. 3 month avg: 226,311 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 01/30/2023 to 02/06/2023
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.

Top

DJ 15 Utilities (^DJU)
Industry: None
Industry RS rank: 32 out of 60
3/16/23 close: $932.09
1 Month avg volatility: $17.99. Volatility stop (for upward breakout): $883.64 or 5.2% below the close.
Change YTD: -3.65%
Volume: 61,363,900 shares. 3 month avg: 50,984,898 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 03/02/2023 to 03/10/2023
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.

Top

Dril-Quip Inc (DRQ)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 43 out of 60
Stock RS rank: 86 out of 625
3/16/23 close: $27.58
1 Month avg volatility: $1.74. Volatility stop (for downward breakout): $31.33 or 13.6% above the close.
Change YTD: 1.51%
Volume: 404,900 shares. 3 month avg: 557,835 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Duke Energy Corp (DUK)
Industry: Electric Utility (East)
Industry RS rank: 58 out of 60
Stock RS rank: 495 out of 625
3/16/23 close: $97.20
1 Month avg volatility: $2.02. Volatility stop (for upward breakout): $92.47 or 4.9% below the close.
Change YTD: -5.62%
Volume: 4,848,100 shares. 3 month avg: 2,571,354 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 03/02/2023 to 03/10/2023
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.

Top

Eagle Materials Inc. (EXP)
Industry: Cement and Aggregates
Industry RS rank: 19 out of 60
Stock RS rank: 114 out of 625
3/16/23 close: $135.57
1 Month avg volatility: $3.69. Volatility stop (for downward breakout): $143.05 or 5.5% above the close.
Change YTD: 2.05%
Volume: 259,100 shares. 3 month avg: 553,088 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Fiserv, Inc (FISV)
Industry: IT Services
Industry RS rank: 35 out of 60
Stock RS rank: 296 out of 625
3/16/23 close: $109.49
1 Month avg volatility: $2.47. Volatility stop (for downward breakout): $114.74 or 4.8% above the close.
Change YTD: 8.33%
Volume: 5,948,000 shares. 3 month avg: 915,811 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 02/15/2023 to 03/06/2023
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

Top

Fortive Corp (FTV)
Industry: Industrial Services
Industry RS rank: 13 out of 60
Stock RS rank: 314 out of 625
3/16/23 close: $65.52
1 Month avg volatility: $1.42. Volatility stop (for downward breakout): $68.77 or 5.0% above the close.
Change YTD: 1.98%
Volume: 3,242,200 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: Head-and-shoulders top reversal pattern from 01/17/2023 to 03/06/2023
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

Top

Harsco Corp (HSC)
Industry: Diversified Co.
Industry RS rank: 12 out of 60
Stock RS rank: 26 out of 625
3/16/23 close: $7.20
1 Month avg volatility: $0.46. Volatility stop (for upward breakout): $5.74 or 20.3% below the close.
Change YTD: 14.47%
Volume: 658,100 shares. 3 month avg: 523,465 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: Falling wedge from 03/07/2023 to 03/16/2023
Breakout is upward 68% of the time.
Average rise: 32%.
Break-even failure rate: 11%.
Throwbacks occur 56% of the time.
Price hits measure rule target 70% of the time.

Top

Haynes International Inc. (HAYN)
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: 74 out of 625
3/16/23 close: $47.91
1 Month avg volatility: $2.51. Volatility stop (for downward breakout): $53.56 or 11.8% above the close.
Change YTD: 4.86%
Volume: 74,100 shares. 3 month avg: 80,035 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Helen of Troy Ltd (HELE)
Industry: Toiletries/Cosmetics
Industry RS rank: 15 out of 60
Stock RS rank: 532 out of 625
3/16/23 close: $93.37
1 Month avg volatility: $4.65. Volatility stop (for downward breakout): $108.00 or 15.7% above the close.
Change YTD: -15.81%
Volume: 540,400 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: Head-and-shoulders complex top reversal pattern from 01/09/2023 to 03/07/2023
Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

Top

Helmerich and Payne Inc. (HP)
Industry: Petroleum (Producing)
Industry RS rank: 59 out of 60
Stock RS rank: 581 out of 625
3/16/23 close: $35.00
1 Month avg volatility: $1.74. Volatility stop (for downward breakout): $39.11 or 11.8% above the close.
Change YTD: -29.39%
Volume: 2,337,700 shares. 3 month avg: 1,326,055 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Idex Corp (IEX)
Industry: Machinery
Industry RS rank: 14 out of 60
Stock RS rank: 269 out of 625
3/16/23 close: $219.12
1 Month avg volatility: $4.33. Volatility stop (for downward breakout): $228.29 or 4.2% above the close.
Change YTD: -4.03%
Volume: 437,800 shares. 3 month avg: 279,572 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, Adam and Adam reversal pattern from 02/17/2023 to 03/06/2023
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.

Top

Illumina Inc (ILMN)
Industry: Biotechnology
Industry RS rank: 20 out of 60
Stock RS rank: 148 out of 625
3/16/23 close: $224.95
1 Month avg volatility: $8.38. Volatility stop (for upward breakout): $205.30 or 8.7% below the close.
Change YTD: 11.25%
Volume: 1,293,500 shares. 3 month avg: 726,254 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 02/10/2023 to 03/10/2023
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.

Top

Installed Building Products Inc (IBP)
Industry: Retail Building Supply
Industry RS rank: 9 out of 60
Stock RS rank: 64 out of 625
3/16/23 close: $106.33
1 Month avg volatility: $4.28. Volatility stop (for downward breakout): $116.19 or 9.3% above the close.
Change YTD: 24.22%
Volume: 309,600 shares. 3 month avg: 201,345 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 top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Intrepid Potash Inc (IPI)
Industry: Chemical (Diversified)
Industry RS rank: 53 out of 60
Stock RS rank: 614 out of 625
3/16/23 close: $27.06
1 Month avg volatility: $1.57. Volatility stop (for downward breakout): $30.85 or 14.0% above the close.
Change YTD: -6.27%
Volume: 194,200 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: Double Top, Eve and Eve reversal pattern from 02/16/2023 to 03/03/2023
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 downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

Top

Intuitive Surgical Inc. (ISRG)
Industry: Medical Supplies
Industry RS rank: 24 out of 60
Stock RS rank: 153 out of 625
3/16/23 close: $240.50
1 Month avg volatility: $5.22. Volatility stop (for upward breakout): $221.06 or 8.1% below the close.
Change YTD: -9.36%
Volume: 2,068,100 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: Double Bottom, Adam and Adam reversal pattern from 03/02/2023 to 03/13/2023
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.

Top

Kennametal (KMT)
Industry: Metal Fabricating
Industry RS rank: 10 out of 60
Stock RS rank: 118 out of 625
3/16/23 close: $26.63
1 Month avg volatility: $0.76. Volatility stop (for downward breakout): $28.79 or 8.1% above the close.
Change YTD: 10.68%
Volume: 1,444,700 shares. 3 month avg: 854,403 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 01/30/2023 to 02/06/2023
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.

Top

Lilly, Eli and Co. (LLY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 11 out of 60
Stock RS rank: 254 out of 625
3/16/23 close: $329.53
1 Month avg volatility: $7.54. Volatility stop (for upward breakout): $309.97 or 5.9% below the close.
Change YTD: -9.93%
Volume: 3,496,600 shares. 3 month avg: 2,964,762 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 Eve reversal pattern from 03/01/2023 to 03/08/2023
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.

Top

Loews Corp (L)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 16 out of 60
Stock RS rank: 334 out of 625
3/16/23 close: $55.87
1 Month avg volatility: $1.08. Volatility stop (for downward breakout): $58.34 or 4.4% above the close.
Change YTD: -4.22%
Volume: 1,454,800 shares. 3 month avg: 964,671 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 01/31/2023 to 02/27/2023
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.

Top

Materion Corp (MTRN)
Industry: Metals and Mining (Div.)
Industry RS rank: 4 out of 60
Stock RS rank: 44 out of 625
3/16/23 close: $106.59
1 Month avg volatility: $4.45. Volatility stop (for downward breakout): $116.42 or 9.2% above the close.
Change YTD: 21.80%
Volume: 112,300 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
WARNING: A dead-cat bounce occurred on 11/02/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/03/2023.
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.

Top

MGE Energy Inc (MGEE)
Industry: Electric Utility (Central)
Industry RS rank: 56 out of 60
Stock RS rank: 325 out of 625
3/16/23 close: $77.18
1 Month avg volatility: $1.78. Volatility stop (for downward breakout): $81.91 or 6.1% above the close.
Change YTD: 9.63%
Volume: 154,800 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: Triangle, descending reversal pattern from 01/20/2023 to 03/10/2023
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.

Top

Moodys Corp (MCO)
Industry: Information Services
Industry RS rank: 41 out of 60
Stock RS rank: 284 out of 625
3/16/23 close: $297.95
1 Month avg volatility: $6.70. Volatility stop (for upward breakout): $277.08 or 7.0% below the close.
Change YTD: 6.94%
Volume: 652,400 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: Diamond bottom reversal pattern from 02/24/2023 to 03/16/2023
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.

Top

Mosaic Co (MOS)
Industry: Chemical (Diversified)
Industry RS rank: 53 out of 60
Stock RS rank: 544 out of 625
3/16/23 close: $44.55
1 Month avg volatility: $1.90. Volatility stop (for downward breakout): $48.74 or 9.4% above the close.
Change YTD: 1.55%
Volume: 4,467,900 shares. 3 month avg: 3,876,172 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Murphy Oil Corporation (MUR)
Industry: Petroleum (Integrated)
Industry RS rank: 51 out of 60
Stock RS rank: 528 out of 625
3/16/23 close: $35.00
1 Month avg volatility: $1.67. Volatility stop (for downward breakout): $38.47 or 9.9% above the close.
Change YTD: -18.62%
Volume: 1,762,400 shares. 3 month avg: 2,218,335 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 01/27/2023 to 03/03/2023
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

Top

New Jersey Resources Corp (NJR)
Industry: Natural Gas (Distributor)
Industry RS rank: 57 out of 60
Stock RS rank: 126 out of 625
3/16/23 close: $52.33
1 Month avg volatility: $1.11. Volatility stop (for downward breakout): $55.05 or 5.2% above the close.
Change YTD: 5.46%
Volume: 445,500 shares. 3 month avg: 514,131 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: Broadening top reversal pattern from 02/14/2023 to 03/16/2023
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.

Top

Nordstrom Inc (JWN)
Industry: Retail Store
Industry RS rank: 31 out of 60
Stock RS rank: 416 out of 625
3/16/23 close: $17.20
1 Month avg volatility: $0.80. Volatility stop (for downward breakout): $19.08 or 10.9% above the close.
Change YTD: 6.57%
Volume: 5,361,600 shares. 3 month avg: 5,927,834 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 01/30/2023 to 02/06/2023
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.

Top

Northrop Grumman Corp (NOC)
Industry: Aerospace/Defense
Industry RS rank: 18 out of 60
Stock RS rank: 456 out of 625
3/16/23 close: $450.15
1 Month avg volatility: $9.00. Volatility stop (for downward breakout): $473.97 or 5.3% above the close.
Change YTD: -17.50%
Volume: 1,074,700 shares. 3 month avg: 756,831 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 02/13/2023 to 03/08/2023
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.

Top

Occidental Petroleum Corp (OXY)
Industry: Petroleum (Producing)
Industry RS rank: 59 out of 60
Stock RS rank: 507 out of 625
3/16/23 close: $59.04
1 Month avg volatility: $1.99. Volatility stop (for downward breakout): $63.06 or 6.8% above the close.
Change YTD: -6.27%
Volume: 22,646,400 shares. 3 month avg: 12,583,708 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 01/27/2023 to 03/08/2023
Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

Top

Pinnacle West Capital Corp (PNW)
Industry: Electric Utility (West)
Industry RS rank: 52 out of 60
Stock RS rank: 280 out of 625
3/16/23 close: $78.68
1 Month avg volatility: $1.76. Volatility stop (for upward breakout): $73.82 or 6.2% below the close.
Change YTD: 3.47%
Volume: 959,800 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: Head-and-shoulders complex bottom reversal pattern from 01/24/2023 to 03/01/2023
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.

Top

Q2 Holdings Inc (QTWO)
Industry: E-Commerce
Industry RS rank: 25 out of 60
Stock RS rank: 606 out of 625
3/16/23 close: $24.31
1 Month avg volatility: $1.77. Volatility stop (for downward breakout): $28.14 or 15.8% above the close.
Change YTD: -9.53%
Volume: 1,281,300 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: Dead-cat bounce continuation pattern from 03/13/2023 to 03/13/2023
Breakout is downward 67% of the time.
Average decline: 18%.

Top

RLI Corp (RLI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 16 out of 60
Stock RS rank: 119 out of 625
3/16/23 close: $129.91
1 Month avg volatility: $2.97. Volatility stop (for downward breakout): $136.80 or 5.3% above the close.
Change YTD: -1.04%
Volume: 342,200 shares. 3 month avg: 149,782 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

RPC Inc (RES)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 43 out of 60
Stock RS rank: 378 out of 625
3/16/23 close: $7.81
1 Month avg volatility: $0.42. Volatility stop (for downward breakout): $8.66 or 10.9% above the close.
Change YTD: -12.15%
Volume: 1,568,800 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 top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Ryder System Inc (R)
Industry: Trucking/Transp. Leasing
Industry RS rank: 7 out of 60
Stock RS rank: 133 out of 625
3/16/23 close: $86.17
1 Month avg volatility: $2.35. Volatility stop (for downward breakout): $92.13 or 6.9% above the close.
Change YTD: 3.11%
Volume: 472,000 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 02/02/2023 to 03/01/2023
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.

Top

Schwab, Charles Corporation (SCHW)
Industry: Securities Brokerage
Industry RS rank: 26 out of 60
Stock RS rank: 566 out of 625
3/16/23 close: $57.88
1 Month avg volatility: $3.17. Volatility stop (for downward breakout): $66.34 or 14.6% above the close.
Change YTD: -30.48%
Volume: 65,983,100 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: Dead-cat bounce continuation pattern from 03/08/2023 to 03/13/2023
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Standex International Corp (SXI)
Industry: Diversified Co.
Industry RS rank: 12 out of 60
Stock RS rank: 29 out of 625
3/16/23 close: $115.41
1 Month avg volatility: $2.67. Volatility stop (for downward breakout): $121.61 or 5.4% above the close.
Change YTD: 12.69%
Volume: 63,800 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 top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Teledyne Technologies Inc (TDY)
Industry: Aerospace/Defense
Industry RS rank: 18 out of 60
Stock RS rank: 215 out of 625
3/16/23 close: $413.12
1 Month avg volatility: $8.21. Volatility stop (for upward breakout): $385.20 or 6.8% below the close.
Change YTD: 3.30%
Volume: 129,600 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 06/17/2022 to 07/14/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Teradyne Inc. (TER)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 60
Stock RS rank: 56 out of 625
3/16/23 close: $105.97
1 Month avg volatility: $2.84. Volatility stop (for downward breakout): $112.21 or 5.9% above the close.
Change YTD: 21.32%
Volume: 1,462,700 shares. 3 month avg: 2,362,042 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Broadening top, right-angled and ascending reversal pattern from 02/22/2023 to 03/16/2023
Breakout is downward 66% of the time.
Average decline: 15%.
Break-even failure rate: 20%.
Pullbacks occur 65% of the time.
Price hits measure rule target 32% of the time.

Top

TransDigm Group Inc (TDG)
Industry: Aerospace/Defense
Industry RS rank: 18 out of 60
Stock RS rank: 110 out of 625
3/16/23 close: $712.24
1 Month avg volatility: $15.67. Volatility stop (for downward breakout): $745.37 or 4.7% above the close.
Change YTD: 13.12%
Volume: 331,700 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple top reversal pattern from 02/09/2023 to 03/07/2023
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.

Top

Transocean Inc. (RIG)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 43 out of 60
Stock RS rank: 7 out of 625
3/16/23 close: $5.77
1 Month avg volatility: $0.47. Volatility stop (for downward breakout): $6.90 or 19.5% above the close.
Change YTD: 26.54%
Volume: 32,915,900 shares. 3 month avg: 22,785,002 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 02/27/2023 to 03/06/2023
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.

Top

Travelers Companies Inc, The (TRV)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 16 out of 60
Stock RS rank: 265 out of 625
3/16/23 close: $172.21
1 Month avg volatility: $3.56. Volatility stop (for downward breakout): $180.02 or 4.5% above the close.
Change YTD: -8.15%
Volume: 2,261,200 shares. 3 month avg: 1,525,757 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple top reversal pattern from 01/06/2023 to 01/25/2023
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.

Top

U-Haul Holding Company (UHAL)
Industry: Trucking/Transp. Leasing
Industry RS rank: 7 out of 60
Stock RS rank: 188 out of 625
3/16/23 close: $58.24
1 Month avg volatility: $1.66. Volatility stop (for downward breakout): $61.61 or 5.8% above the close.
Change YTD: -3.24%
Volume: 301,900 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: Pipe top reversal pattern from 01/30/2023 to 02/06/2023
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.

Top

U.S Silica Holdings Inc (SLCA)
Industry: Metals and Mining (Div.)
Industry RS rank: 4 out of 60
Stock RS rank: 550 out of 625
3/16/23 close: $10.96
1 Month avg volatility: $0.73. Volatility stop (for downward breakout): $12.53 or 14.3% above the close.
Change YTD: -12.32%
Volume: 751,100 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 top reversal pattern from 02/27/2023 to 03/06/2023
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.

Top

Watsco, Inc (WSO)
Industry: Retail Building Supply
Industry RS rank: 9 out of 60
Stock RS rank: 199 out of 625
3/16/23 close: $302.52
1 Month avg volatility: $9.51. Volatility stop (for downward breakout): $323.53 or 7.0% above the close.
Change YTD: 21.30%
Volume: 261,300 shares. 3 month avg: 222,320 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 02/03/2023 to 03/06/2023
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

Top

Werner Enterprises, Inc (WERN)
Industry: Trucking/Transp. Leasing
Industry RS rank: 7 out of 60
Stock RS rank: 176 out of 625
3/16/23 close: $44.67
1 Month avg volatility: $1.07. Volatility stop (for downward breakout): $47.12 or 5.5% above the close.
Change YTD: 10.95%
Volume: 431,200 shares. 3 month avg: 887,242 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 01/30/2023 to 02/06/2023
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.

Top

WEX Inc (WEX)
Industry: Information Services
Industry RS rank: 41 out of 60
Stock RS rank: 158 out of 625
3/16/23 close: $174.19
1 Month avg volatility: $4.57. Volatility stop (for downward breakout): $183.95 or 5.6% above the close.
Change YTD: 6.44%
Volume: 388,600 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: Pipe top reversal pattern from 02/06/2023 to 02/13/2023
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.

Top

WillScot Mobile Mini Holdings Corp (WSC)
Industry: Industrial Services
Industry RS rank: 13 out of 60
Stock RS rank: 179 out of 625
3/16/23 close: $47.03
1 Month avg volatility: $1.31. Volatility stop (for downward breakout): $50.07 or 6.5% above the close.
Change YTD: 4.12%
Volume: 1,781,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 02/22/2023 to 03/03/2023
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.

Top

Xcel Energy, Inc (XEL)
Industry: Electric Utility (West)
Industry RS rank: 52 out of 60
Stock RS rank: 490 out of 625
3/16/23 close: $67.24
1 Month avg volatility: $1.40. Volatility stop (for upward breakout): $64.03 or 4.8% below the close.
Change YTD: -4.09%
Volume: 4,175,400 shares. 3 month avg: 3,202,808 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 03/01/2023 to 03/10/2023
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.

Top

SPDR Technology Select Sector (XLK)
Industry: IT Services
Industry RS rank: 35 out of 60
Stock RS rank: 220 out of 625
3/16/23 close: $143.66
1 Month avg volatility: $2.49. Volatility stop (for upward breakout): $133.81 or 6.9% below the close.
Change YTD: 15.45%
Volume: 12,757,100 shares. 3 month avg: 9,531,718 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 03/02/2023 to 03/13/2023
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.

Top

 

Support this site! Clicking any of the books (below) takes you to Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."

My Stock Market Books
My Novels

Copyright © 2005-2024 by Thomas N. Bulkowski. All rights reserved.
Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.
Some pattern names are registered trademarks of their respective owners.
Home Advertise Contact Privacy/Disclaimer