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%
|
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,200 or 1,000 by 12/01/2024
20,000 or 18,400 by 12/01/2024
6,100 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%
| |
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,200 or 1,000 by 12/01/2024
20,000 or 18,400 by 12/01/2024
6,100 or 5,800 by 12/01/2024
| ||
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: IT ServicesIndustry RS rank: 32 out of 60Stock RS rank: 175 out of 6253/23/23 close: $93.081 Month avg volatility: $1.31. Volatility stop (for downward breakout): $96.01 or 3.2% above the close.Change YTD: 2.40%Volume: 763,600 shares. 3 month avg: 895,243 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: Scallop, descending continuation pattern from 02/15/2023 to 03/21/2023Breakout is downward 66% of the time.Average decline: 17%.Break-even failure rate: 15%.Pullbacks occur 55% of the time.Price hits measure rule target 30% of the time.
Industry: IT ServicesIndustry RS rank: 32 out of 60Stock RS rank: 450 out of 6253/23/23 close: $90.071 Month avg volatility: $1.84. Volatility stop (for downward breakout): $94.47 or 4.9% above the close.Change YTD: -13.83%Volume: 793,500 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: Scallop, descending continuation pattern from 03/06/2023 to 03/21/2023Breakout is downward 66% of the time.Average decline: 17%.Break-even failure rate: 15%.Pullbacks occur 55% of the time.Price hits measure rule target 30% of the time.
Industry: Cement and AggregatesIndustry RS rank: 22 out of 60Stock RS rank: 36 out of 6253/23/23 close: $5.071 Month avg volatility: $0.20. Volatility stop (for downward breakout): $5.60 or 10.4% above the close.Change YTD: 25.19%Volume: 4,800,200 shares. 3 month avg: 9,928,860 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: E-CommerceIndustry RS rank: 17 out of 60Stock RS rank: 212 out of 6253/23/23 close: $128.031 Month avg volatility: $2.24. Volatility stop (for upward breakout): $122.32 or 4.5% below the close.Change YTD: 1.48%Volume: 699,500 shares. 3 month avg: 1,143,906 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Triple bottom reversal pattern from 02/17/2023 to 03/13/2023Breakout 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: ApparelIndustry RS rank: 11 out of 60Stock RS rank: 236 out of 6253/23/23 close: $5.451 Month avg volatility: $0.30. Volatility stop (for downward breakout): $6.29 or 15.5% above the close.Change YTD: 10.77%Volume: 2,090,900 shares. 3 month avg: 2,783,222 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Top, Eve and Adam reversal pattern from 03/03/2023 to 03/16/2023Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 95 out of 6253/23/23 close: $69.741 Month avg volatility: $2.35. Volatility stop (for upward breakout): $63.58 or 8.8% below the close.Change YTD: 29.41%Volume: 1,479,500 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: Triple bottom reversal pattern from 02/23/2023 to 03/13/2023Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 299 out of 6253/23/23 close: $105.601 Month avg volatility: $2.45. Volatility stop (for upward breakout): $99.57 or 5.7% below the close.Change YTD: 19.69%Volume: 40,567,000 shares. 3 month avg: 1,574,874 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 02/24/2023 to 03/13/2023Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 44 out of 60Stock RS rank: 432 out of 6253/23/23 close: $26.571 Month avg volatility: $0.87. Volatility stop (for upward breakout): $24.50 or 7.8% below the close.Change YTD: -3.45%Volume: 61,500 shares. 3 month avg: 163,711 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: Triangle, symmetrical continuation pattern from 01/17/2023 to 03/06/2023Breakout 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.
Industry: Medical SuppliesIndustry RS rank: 19 out of 60Stock RS rank: 93 out of 6253/23/23 close: $311.491 Month avg volatility: $12.09. Volatility stop (for upward breakout): $283.41 or 9.0% below the close.Change YTD: 5.81%Volume: 695,800 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: Triple bottom reversal pattern from 02/22/2023 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: Aerospace/DefenseIndustry RS rank: 25 out of 60Stock RS rank: 218 out of 6253/23/23 close: $467.901 Month avg volatility: $7.50. Volatility stop (for downward breakout): $485.96 or 3.9% above the close.Change YTD: -3.82%Volume: 1,031,500 shares. 3 month avg: 1,203,803 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: Double Top, Adam and Eve reversal pattern from 02/13/2023 to 03/08/2023Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 44 out of 60Stock RS rank: 368 out of 6253/23/23 close: $48.401 Month avg volatility: $1.27. Volatility stop (for downward breakout): $52.33 or 8.1% above the close.Change YTD: 3.71%Volume: 2,208,100 shares. 3 month avg: 2,351,771 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Adam and Eve reversal pattern from 02/02/2023 to 02/09/2023Breakout 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: Chemical (Specialty)Industry RS rank: 20 out of 60Stock RS rank: 146 out of 6253/23/23 close: $352.021 Month avg volatility: $6.08. Volatility stop (for upward breakout): $338.88 or 3.7% below the close.Change YTD: 13.15%Volume: 35,500 shares. 3 month avg: 31,329 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 Friday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 02/24/2023 to 03/15/2023Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: Medical SuppliesIndustry RS rank: 19 out of 60Stock RS rank: 18 out of 6253/23/23 close: $277.821 Month avg volatility: $8.40. Volatility stop (for upward breakout): $256.97 or 7.5% below the close.Change YTD: 24.89%Volume: 461,400 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 03/06/2023 to 03/13/2023Breakout 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.
Industry: HomebuildingIndustry RS rank: 1 out of 60Stock RS rank: 29 out of 6253/23/23 close: $56.391 Month avg volatility: $1.42. Volatility stop (for upward breakout): $53.03 or 6.0% below the close.Change YTD: 23.85%Volume: 2,748,300 shares. 3 month avg: 4,812,565 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 Bottom, Eve and Adam reversal pattern from 02/21/2023 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: BiotechnologyIndustry RS rank: 15 out of 60Stock RS rank: 156 out of 6253/23/23 close: $802.161 Month avg volatility: $15.54. Volatility stop (for upward breakout): $759.41 or 5.3% below the close.Change YTD: 11.18%Volume: 1,993,100 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: Ugly double bottom reversal pattern from 01/09/2023 to 02/17/2023Breakout 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: E-CommerceIndustry RS rank: 17 out of 60Stock RS rank: 39 out of 6253/23/23 close: $47.691 Month avg volatility: $1.91. Volatility stop (for upward breakout): $43.40 or 9.0% below the close.Change YTD: 21.16%Volume: 1,015,800 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 03/06/2023 to 03/13/2023Breakout 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.
Industry: Computer Software and SvcsIndustry RS rank: 21 out of 60Stock RS rank: 115 out of 6253/23/23 close: $379.401 Month avg volatility: $8.66. Volatility stop (for upward breakout): $353.91 or 6.7% below the close.Change YTD: 18.83%Volume: 974,000 shares. 3 month avg: 998,728 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 02/21/2023 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: Diversified Co.Industry RS rank: 8 out of 60Stock RS rank: 203 out of 6253/23/23 close: $241.341 Month avg volatility: $6.12. Volatility stop (for upward breakout): $228.37 or 5.4% below the close.Change YTD: -3.32%Volume: 343,000 shares. 3 month avg: 269,822 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.Chart pattern: Pipe bottom reversal pattern from 03/06/2023 to 03/13/2023Breakout 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.
Industry: BiotechnologyIndustry RS rank: 15 out of 60Stock RS rank: 263 out of 6253/23/23 close: $304.751 Month avg volatility: $5.78. Volatility stop (for upward breakout): $289.12 or 5.1% below the close.Change YTD: 5.53%Volume: 1,305,300 shares. 3 month avg: 1,548,174 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 02/27/2023 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 83 out of 6253/23/23 close: $437.031 Month avg volatility: $10.87. Volatility stop (for upward breakout): $407.66 or 6.7% below the close.Change YTD: 25.59%Volume: 1,235,200 shares. 3 month avg: 570,480 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Triple bottom reversal pattern from 02/22/2023 to 03/13/2023Breakout 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: NoneIndustry RS rank: 31 out of 60Stock RS rank: 297 out of 6253/23/23 close: $197.441 Month avg volatility: $3.40. Volatility stop (for upward breakout): $188.96 or 4.3% below the close.Change YTD: 14.74%Volume: 748,700 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: Diamond bottom reversal pattern from 02/27/2023 to 03/15/2023Breakout 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.
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