As of 12/06/2024
Indus: 44,643 -123.19 -0.3%
Trans: 16,879 -97.04 -0.6%
Utils: 1,036 -11.79 -1.1%
Nasdaq: 19,860 +159.51 +0.8%
S&P 500: 6,090 +15.16 +0.2%
|
YTD
+18.4%
+6.2%
+17.4%
+32.3%
+27.7%
|
44,000 or 46,000 by 12/15/2024
17,025 or 18,000 by 12/15/2024
1,025 or 1,100 by 12/15/2024
20,000 or 18,500 by 12/15/2024
6,200 or 5,900 by 12/15/2024
|
As of 12/06/2024
Indus: 44,643 -123.19 -0.3%
Trans: 16,879 -97.04 -0.6%
Utils: 1,036 -11.79 -1.1%
Nasdaq: 19,860 +159.51 +0.8%
S&P 500: 6,090 +15.16 +0.2%
|
YTD
+18.4%
+6.2%
+17.4%
+32.3%
+27.7%
| |
44,000 or 46,000 by 12/15/2024
17,025 or 18,000 by 12/15/2024
1,025 or 1,100 by 12/15/2024
20,000 or 18,500 by 12/15/2024
6,200 or 5,900 by 12/15/2024
| ||
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.
Industry: Computer Software and SvcsIndustry RS rank: 34 out of 60Stock RS rank: 430 out of 6253/16/23 close: $353.291 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 03/13/2023Breakout 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.
Industry: Aerospace/DefenseIndustry RS rank: 18 out of 60Stock RS rank: 477 out of 6253/16/23 close: $40.751 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 03/06/2023Breakout 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.
Industry: Air TransportIndustry RS rank: 47 out of 60Stock RS rank: 498 out of 6253/16/23 close: $86.371 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 03/03/2023Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 16 out of 60Stock RS rank: 458 out of 6253/16/23 close: $50.191 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 01/09/2023Breakout 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.
Industry: Packaging and ContainerIndustry RS rank: 45 out of 60Stock RS rank: 211 out of 6253/16/23 close: $112.681 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 03/06/2023Breakout 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.
Industry: Electric Utility (West)Industry RS rank: 52 out of 60Stock RS rank: 313 out of 6253/16/23 close: $41.711 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 03/10/2023Breakout 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.
Industry: Precision InstrumentIndustry RS rank: 29 out of 60Stock RS rank: 72 out of 6253/16/23 close: $116.201 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 03/06/2023Breakout 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.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 68 out of 6253/16/23 close: $2,439.911 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 03/06/2023Breakout 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.
Industry: Retail Building SupplyIndustry RS rank: 9 out of 60Stock RS rank: 11 out of 6253/16/23 close: $82.391 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 03/06/2023Breakout 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.
Industry: ShoeIndustry RS rank: 2 out of 60Stock RS rank: 427 out of 6253/16/23 close: $23.351 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 02/21/2023Breakout 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.
Industry: Electric Utility (Central)Industry RS rank: 56 out of 60Stock RS rank: 487 out of 6253/16/23 close: $29.331 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 03/10/2023Breakout 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.
Industry: Metals and Mining (Div.)Industry RS rank: 4 out of 60Stock RS rank: 73 out of 6253/16/23 close: $9.161 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 03/06/2023Breakout 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.
Industry: Metals and Mining (Div.)Industry RS rank: 4 out of 60Stock RS rank: 143 out of 6253/16/23 close: $17.611 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 03/06/2023Breakout 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.
Industry: Toiletries/CosmeticsIndustry RS rank: 15 out of 60Stock RS rank: 25 out of 6253/16/23 close: $11.001 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 03/06/2023Breakout 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.
Industry: Human ResourcesIndustry RS rank: 42 out of 60Stock RS rank: 558 out of 6253/16/23 close: $23.201 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 02/06/2023Breakout 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.
Industry: NoneIndustry RS rank: 32 out of 603/16/23 close: $932.091 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 03/10/2023Breakout 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.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 43 out of 60Stock RS rank: 86 out of 6253/16/23 close: $27.581 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 03/06/2023Breakout 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.
Industry: Electric Utility (East)Industry RS rank: 58 out of 60Stock RS rank: 495 out of 6253/16/23 close: $97.201 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 03/10/2023Breakout 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.
Industry: Cement and AggregatesIndustry RS rank: 19 out of 60Stock RS rank: 114 out of 6253/16/23 close: $135.571 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 03/06/2023Breakout 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.
Industry: IT ServicesIndustry RS rank: 35 out of 60Stock RS rank: 296 out of 6253/16/23 close: $109.491 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 03/06/2023Breakout 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.
Industry: Industrial ServicesIndustry RS rank: 13 out of 60Stock RS rank: 314 out of 6253/16/23 close: $65.521 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 03/06/2023Breakout 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.
Industry: Diversified Co.Industry RS rank: 12 out of 60Stock RS rank: 26 out of 6253/16/23 close: $7.201 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 03/16/2023Breakout 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.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 33 out of 60Stock RS rank: 74 out of 6253/16/23 close: $47.911 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 03/06/2023Breakout 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.
Industry: Toiletries/CosmeticsIndustry RS rank: 15 out of 60Stock RS rank: 532 out of 6253/16/23 close: $93.371 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 03/07/2023Breakout 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.
Industry: Petroleum (Producing)Industry RS rank: 59 out of 60Stock RS rank: 581 out of 6253/16/23 close: $35.001 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 03/06/2023Breakout 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.
Industry: MachineryIndustry RS rank: 14 out of 60Stock RS rank: 269 out of 6253/16/23 close: $219.121 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 03/06/2023Breakout 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.
Industry: BiotechnologyIndustry RS rank: 20 out of 60Stock RS rank: 148 out of 6253/16/23 close: $224.951 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 03/10/2023Breakout 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.
Industry: Retail Building SupplyIndustry RS rank: 9 out of 60Stock RS rank: 64 out of 6253/16/23 close: $106.331 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 03/06/2023Breakout 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.
Industry: Chemical (Diversified)Industry RS rank: 53 out of 60Stock RS rank: 614 out of 6253/16/23 close: $27.061 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 03/03/2023WARNING: 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.
Industry: Medical SuppliesIndustry RS rank: 24 out of 60Stock RS rank: 153 out of 6253/16/23 close: $240.501 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 03/13/2023Breakout 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.
Industry: Metal FabricatingIndustry RS rank: 10 out of 60Stock RS rank: 118 out of 6253/16/23 close: $26.631 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 02/06/2023Breakout 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.
Industry: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 11 out of 60Stock RS rank: 254 out of 6253/16/23 close: $329.531 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 03/08/2023Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 16 out of 60Stock RS rank: 334 out of 6253/16/23 close: $55.871 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 02/27/2023Breakout 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.
Industry: Metals and Mining (Div.)Industry RS rank: 4 out of 60Stock RS rank: 44 out of 6253/16/23 close: $106.591 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 03/06/2023WARNING: 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.
Industry: Electric Utility (Central)Industry RS rank: 56 out of 60Stock RS rank: 325 out of 6253/16/23 close: $77.181 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 03/10/2023Breakout 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.
Industry: Information ServicesIndustry RS rank: 41 out of 60Stock RS rank: 284 out of 6253/16/23 close: $297.951 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 03/16/2023Breakout 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.
Industry: Chemical (Diversified)Industry RS rank: 53 out of 60Stock RS rank: 544 out of 6253/16/23 close: $44.551 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 03/06/2023Breakout 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.
Industry: Petroleum (Integrated)Industry RS rank: 51 out of 60Stock RS rank: 528 out of 6253/16/23 close: $35.001 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 03/03/2023Breakout 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.
Industry: Natural Gas (Distributor)Industry RS rank: 57 out of 60Stock RS rank: 126 out of 6253/16/23 close: $52.331 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 03/16/2023Breakout 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.
Industry: Retail StoreIndustry RS rank: 31 out of 60Stock RS rank: 416 out of 6253/16/23 close: $17.201 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 02/06/2023Breakout 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.
Industry: Aerospace/DefenseIndustry RS rank: 18 out of 60Stock RS rank: 456 out of 6253/16/23 close: $450.151 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 03/08/2023Breakout 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.
Industry: Petroleum (Producing)Industry RS rank: 59 out of 60Stock RS rank: 507 out of 6253/16/23 close: $59.041 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 03/08/2023Breakout 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.
Industry: Electric Utility (West)Industry RS rank: 52 out of 60Stock RS rank: 280 out of 6253/16/23 close: $78.681 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 03/01/2023Breakout 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.
Industry: E-CommerceIndustry RS rank: 25 out of 60Stock RS rank: 606 out of 6253/16/23 close: $24.311 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 03/13/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: Insurance (Prop/Casualty)Industry RS rank: 16 out of 60Stock RS rank: 119 out of 6253/16/23 close: $129.911 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 03/06/2023Breakout 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.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 43 out of 60Stock RS rank: 378 out of 6253/16/23 close: $7.811 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 03/06/2023Breakout 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.
Industry: Trucking/Transp. LeasingIndustry RS rank: 7 out of 60Stock RS rank: 133 out of 6253/16/23 close: $86.171 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 03/01/2023Breakout 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.
Industry: Securities BrokerageIndustry RS rank: 26 out of 60Stock RS rank: 566 out of 6253/16/23 close: $57.881 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 03/13/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: Diversified Co.Industry RS rank: 12 out of 60Stock RS rank: 29 out of 6253/16/23 close: $115.411 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 03/06/2023Breakout 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.
Industry: Aerospace/DefenseIndustry RS rank: 18 out of 60Stock RS rank: 215 out of 6253/16/23 close: $413.121 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 07/14/2022Breakout 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.
Industry: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 3 out of 60Stock RS rank: 56 out of 6253/16/23 close: $105.971 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 03/16/2023Breakout 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.
Industry: Aerospace/DefenseIndustry RS rank: 18 out of 60Stock RS rank: 110 out of 6253/16/23 close: $712.241 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 03/07/2023Breakout 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.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 43 out of 60Stock RS rank: 7 out of 6253/16/23 close: $5.771 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 03/06/2023Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 16 out of 60Stock RS rank: 265 out of 6253/16/23 close: $172.211 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 01/25/2023Breakout 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.
Industry: Trucking/Transp. LeasingIndustry RS rank: 7 out of 60Stock RS rank: 188 out of 6253/16/23 close: $58.241 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 02/06/2023Breakout 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.
Industry: Metals and Mining (Div.)Industry RS rank: 4 out of 60Stock RS rank: 550 out of 6253/16/23 close: $10.961 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 03/06/2023Breakout 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.
Industry: Retail Building SupplyIndustry RS rank: 9 out of 60Stock RS rank: 199 out of 6253/16/23 close: $302.521 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 03/06/2023Breakout 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.
Industry: Trucking/Transp. LeasingIndustry RS rank: 7 out of 60Stock RS rank: 176 out of 6253/16/23 close: $44.671 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 02/06/2023Breakout 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.
Industry: Information ServicesIndustry RS rank: 41 out of 60Stock RS rank: 158 out of 6253/16/23 close: $174.191 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 02/13/2023Breakout 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.
Industry: Industrial ServicesIndustry RS rank: 13 out of 60Stock RS rank: 179 out of 6253/16/23 close: $47.031 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 03/03/2023Breakout 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.
Industry: Electric Utility (West)Industry RS rank: 52 out of 60Stock RS rank: 490 out of 6253/16/23 close: $67.241 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 03/10/2023Breakout 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.
Industry: IT ServicesIndustry RS rank: 35 out of 60Stock RS rank: 220 out of 6253/16/23 close: $143.661 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 03/13/2023Breakout 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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