As of 04/24/2024
  Indus: 38,461 -42.77 -0.1%  
  Trans: 15,078 -358.61 -2.3%  
  Utils: 893 +6.79 +0.8%  
  Nasdaq: 15,713 +16.11 +0.1%  
  S&P 500: 5,072 +1.08 +0.0%  
YTD
 +2.0%  
-5.2%  
 +1.3%  
 +4.7%  
 +6.3%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024
As of 04/24/2024
  Indus: 38,461 -42.77 -0.1%  
  Trans: 15,078 -358.61 -2.3%  
  Utils: 893 +6.79 +0.8%  
  Nasdaq: 15,713 +16.11 +0.1%  
  S&P 500: 5,072 +1.08 +0.0%  
YTD
 +2.0%  
-5.2%  
 +1.3%  
 +4.7%  
 +6.3%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024

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.
 
Air Products and Chemicals, Inc. (APD)
Industry: Chemical (Diversified)
Industry RS rank: 49 out of 60
Stock RS rank: 177 out of 624
4/20/23 close: $292.46
1 Month avg volatility: $4.86. Volatility stop (for upward breakout): $278.59 or 4.7% below the close.
Change YTD: -5.13%
Volume: 662,900 shares. 3 month avg: 1,051,743 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: Ugly double bottom reversal pattern from 03/24/2023 to 04/10/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Alaska Air Group, Inc (ALK)
Industry: Air Transport
Industry RS rank: 9 out of 60
Stock RS rank: 419 out of 624
4/20/23 close: $43.56
1 Month avg volatility: $1.07. Volatility stop (for upward breakout): $40.85 or 6.2% below the close.
Change YTD: 1.44%
Volume: 3,305,600 shares. 3 month avg: 1,966,126 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 03/24/2023 to 04/13/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Alcoa (AA)
Industry: Aerospace/Defense
Industry RS rank: 27 out of 60
Stock RS rank: 381 out of 624
4/20/23 close: $40.23
1 Month avg volatility: $1.45. Volatility stop (for downward breakout): $45.12 or 12.2% above the close.
Change YTD: -11.52%
Volume: 9,235,900 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: Rectangle bottom continuation pattern from 03/15/2023 to 04/20/2023
Breakout is downward 55% of the time.
Average decline: 14%.
Break-even failure rate: 16%.
Pullbacks occur 69% of the time.
Price hits measure rule target 50% of the time.

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American Equity Investment Life Holding (AEL)
Industry: Insurance (Life)
Industry RS rank: 57 out of 60
Stock RS rank: 505 out of 624
4/20/23 close: $37.89
1 Month avg volatility: $0.94. Volatility stop (for upward breakout): $35.26 or 6.9% below the close.
Change YTD: -16.94%
Volume: 523,500 shares. 3 month avg: 625,883 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 03/16/2023 to 04/05/2023
WARNING: A dead-cat bounce occurred on 11/08/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/09/2023.
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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American Financial Group (AFG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 39 out of 60
Stock RS rank: 504 out of 624
4/20/23 close: $123.03
1 Month avg volatility: $2.11. Volatility stop (for upward breakout): $117.92 or 4.2% below the close.
Change YTD: -10.38%
Volume: 286,300 shares. 3 month avg: 353,085 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 03/13/2023 to 03/20/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Arrow Electronics (ARW)
Industry: Electronics
Industry RS rank: 44 out of 60
Stock RS rank: 214 out of 624
4/20/23 close: $112.88
1 Month avg volatility: $2.34. Volatility stop (for downward breakout): $118.67 or 5.1% above the close.
Change YTD: 7.95%
Volume: 761,600 shares. 3 month avg: 447,163 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 03/27/2023 to 04/03/2023
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.

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Axis Capital Holdings Ltd (AXS)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 39 out of 60
Stock RS rank: 324 out of 624
4/20/23 close: $56.70
1 Month avg volatility: $1.08. Volatility stop (for upward breakout): $54.18 or 4.5% below the close.
Change YTD: 4.67%
Volume: 454,200 shares. 3 month avg: 808,385 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 03/17/2023 to 03/24/2023
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Beacon Roofing Supply Inc. (BECN)
Industry: Retail Building Supply
Industry RS rank: 8 out of 60
Stock RS rank: 283 out of 624
4/20/23 close: $60.62
1 Month avg volatility: $1.49. Volatility stop (for upward breakout): $56.99 or 6.0% below the close.
Change YTD: 14.83%
Volume: 222,900 shares. 3 month avg: 811,195 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 04/03/2023 to 04/10/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Brady Corp (BRC)
Industry: Chemical (Diversified)
Industry RS rank: 49 out of 60
Stock RS rank: 173 out of 624
4/20/23 close: $52.15
1 Month avg volatility: $0.82. Volatility stop (for downward breakout): $53.99 or 3.5% above the close.
Change YTD: 10.72%
Volume: 202,700 shares. 3 month avg: 204,463 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: Roof reversal pattern from 03/15/2023 to 04/20/2023
Breakout is downward 84% of the time.
Average decline: 16%.
Break-even failure rate: 13%.
Pullbacks occur 56% of the time.
Price hits measure rule target 68% of the time.

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Celestica Inc (CLS)
Industry: Electronics
Industry RS rank: 44 out of 60
Stock RS rank: 102 out of 624
4/20/23 close: $11.99
1 Month avg volatility: $0.28. Volatility stop (for upward breakout): $11.35 or 5.3% below the close.
Change YTD: 6.39%
Volume: 590,600 shares. 3 month avg: 557,234 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: Triangle, symmetrical continuation pattern from 03/03/2023 to 04/19/2023
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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CNA Financial Corp (CNA)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 39 out of 60
Stock RS rank: 461 out of 624
4/20/23 close: $39.83
1 Month avg volatility: $0.68. Volatility stop (for upward breakout): $38.25 or 4.0% below the close.
Change YTD: -5.79%
Volume: 208,300 shares. 3 month avg: 204,923 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 bottom reversal pattern from 03/13/2023 to 03/20/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Cognizant Technology Solutions Corp (CTSH)
Industry: IT Services
Industry RS rank: 24 out of 60
Stock RS rank: 448 out of 624
4/20/23 close: $59.97
1 Month avg volatility: $1.16. Volatility stop (for downward breakout): $62.63 or 4.4% above the close.
Change YTD: 4.86%
Volume: 2,725,100 shares. 3 month avg: 3,250,685 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Diamond top reversal pattern from 04/03/2023 to 04/19/2023
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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CoStar Group Inc (CSGP)
Industry: Information Services
Industry RS rank: 29 out of 60
Stock RS rank: 492 out of 624
4/20/23 close: $69.01
1 Month avg volatility: $1.12. Volatility stop (for downward breakout): $72.18 or 4.6% above the close.
Change YTD: -10.70%
Volume: 1,200,400 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: Rising wedge reversal pattern from 03/16/2023 to 04/19/2023
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price hits measure rule target 46% of the time.

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Everest Re Group Ltd (RE)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 39 out of 60
Stock RS rank: 84 out of 624
4/20/23 close: $375.60
1 Month avg volatility: $6.43. Volatility stop (for upward breakout): $360.30 or 4.1% below the close.
Change YTD: 13.38%
Volume: 307,000 shares. 3 month avg: 566,686 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: Pipe bottom reversal pattern from 03/13/2023 to 03/20/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Fidelity National Information Svcs (FIS)
Industry: Computer Software and Svcs
Industry RS rank: 19 out of 60
Stock RS rank: 603 out of 624
4/20/23 close: $56.28
1 Month avg volatility: $1.46. Volatility stop (for upward breakout): $52.25 or 7.2% below the close.
Change YTD: -17.05%
Volume: 4,488,100 shares. 3 month avg: 1,473,917 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 03/16/2023 to 03/24/2023
WARNING: A dead-cat bounce occurred on 11/03/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/04/2023.
Breakout is upward 100% of the time.
Average rise: 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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Guess Inc. (GES)
Industry: Apparel
Industry RS rank: 18 out of 60
Stock RS rank: 125 out of 624
4/20/23 close: $19.87
1 Month avg volatility: $0.60. Volatility stop (for upward breakout): $18.45 or 7.1% below the close.
Change YTD: -3.96%
Volume: 867,600 shares. 3 month avg: 1,269,442 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 03/20/2023 to 03/27/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 1 out of 60
Stock RS rank: 2 out of 624
4/20/23 close: $70.51
1 Month avg volatility: $3.08. Volatility stop (for upward breakout): $64.06 or 9.2% below the close.
Change YTD: 67.56%
Volume: 48,100 shares. 3 month avg: 1,539,280 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 03/13/2023 to 03/20/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Infinera Corp. (INFN)
Industry: Telecom. Equipment
Industry RS rank: 50 out of 60
Stock RS rank: 93 out of 624
4/20/23 close: $6.34
1 Month avg volatility: $0.22. Volatility stop (for downward breakout): $6.86 or 8.2% above the close.
Change YTD: -5.93%
Volume: 2,647,400 shares. 3 month avg: 1,624,214 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 Eve reversal pattern from 03/14/2023 to 03/31/2023
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Installed Building Products Inc (IBP)
Industry: Retail Building Supply
Industry RS rank: 8 out of 60
Stock RS rank: 29 out of 624
4/20/23 close: $121.82
1 Month avg volatility: $3.63. Volatility stop (for upward breakout): $112.27 or 7.8% below the close.
Change YTD: 42.31%
Volume: 329,500 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: Triple bottom reversal pattern from 03/16/2023 to 04/06/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Insulet Corporation (PODD)
Industry: Medical Supplies
Industry RS rank: 10 out of 60
Stock RS rank: 35 out of 624
4/20/23 close: $321.14
1 Month avg volatility: $6.48. Volatility stop (for upward breakout): $307.42 or 4.3% below the close.
Change YTD: 9.09%
Volume: 383,300 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, symmetrical continuation pattern from 03/21/2023 to 04/14/2023
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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Interactive Brokers Group Inc (IBKR)
Industry: Securities Brokerage
Industry RS rank: 42 out of 60
Stock RS rank: 369 out of 624
4/20/23 close: $81.87
1 Month avg volatility: $2.13. Volatility stop (for upward breakout): $76.51 or 6.5% below the close.
Change YTD: 13.16%
Volume: 1,345,300 shares. 3 month avg: 658,995 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 bottom reversal pattern from 03/13/2023 to 03/20/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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LiveRamp Holdings (RAMP)
Industry: Computer Software and Svcs
Industry RS rank: 19 out of 60
Stock RS rank: 92 out of 624
4/20/23 close: $23.40
1 Month avg volatility: $0.64. Volatility stop (for upward breakout): $21.85 or 6.6% below the close.
Change YTD: -0.17%
Volume: 235,600 shares. 3 month avg: 906,945 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 03/24/2023 to 04/12/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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LPL Financial Holdings (LPLA)
Industry: Securities Brokerage
Industry RS rank: 42 out of 60
Stock RS rank: 556 out of 624
4/20/23 close: $205.36
1 Month avg volatility: $5.71. Volatility stop (for upward breakout): $192.91 or 6.1% below the close.
Change YTD: -5.00%
Volume: 550,000 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 04/03/2023 to 04/10/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Manpower Inc. (MAN)
Industry: Human Resources
Industry RS rank: 56 out of 60
Stock RS rank: 440 out of 624
4/20/23 close: $73.81
1 Month avg volatility: $1.71. Volatility stop (for downward breakout): $79.56 or 7.8% above the close.
Change YTD: -11.30%
Volume: 895,400 shares. 3 month avg: 353,946 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: Head-and-shoulders top reversal pattern from 03/21/2023 to 04/18/2023
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.

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Morgan Stanley (MS)
Industry: Securities Brokerage
Industry RS rank: 42 out of 60
Stock RS rank: 235 out of 624
4/20/23 close: $90.43
1 Month avg volatility: $1.95. Volatility stop (for upward breakout): $85.81 or 5.1% below the close.
Change YTD: 6.36%
Volume: 6,252,200 shares. 3 month avg: 7,185,892 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: Head-and-shoulders bottom reversal pattern from 03/16/2023 to 04/06/2023
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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Mosaic Co (MOS)
Industry: Chemical (Diversified)
Industry RS rank: 49 out of 60
Stock RS rank: 544 out of 624
4/20/23 close: $44.82
1 Month avg volatility: $1.42. Volatility stop (for upward breakout): $41.76 or 6.8% below the close.
Change YTD: 2.17%
Volume: 3,429,000 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 Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 03/24/2023 to 04/06/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Nutanix Inc (NTNX)
Industry: E-Commerce
Industry RS rank: 14 out of 60
Stock RS rank: 498 out of 624
4/20/23 close: $24.63
1 Month avg volatility: $0.66. Volatility stop (for downward breakout): $26.60 or 8.0% above the close.
Change YTD: -5.45%
Volume: 754,700 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: Rectangle bottom continuation pattern from 03/10/2023 to 04/20/2023
Breakout is downward 55% of the time.
Average decline: 14%.
Break-even failure rate: 16%.
Pullbacks occur 69% of the time.
Price hits measure rule target 50% of the time.

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Old Republic International Corp (ORI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 39 out of 60
Stock RS rank: 314 out of 624
4/20/23 close: $25.43
1 Month avg volatility: $0.37. Volatility stop (for downward breakout): $26.24 or 3.2% above the close.
Change YTD: 5.30%
Volume: 1,313,600 shares. 3 month avg: 1,253,378 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: Rising wedge reversal pattern from 03/14/2023 to 04/20/2023
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price hits measure rule target 46% of the time.

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Omnicell, Inc (OMCL)
Industry: Healthcare Information
Industry RS rank: 48 out of 60
Stock RS rank: 591 out of 624
4/20/23 close: $59.05
1 Month avg volatility: $1.79. Volatility stop (for upward breakout): $54.74 or 7.3% below the close.
Change YTD: 17.12%
Volume: 362,100 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 03/13/2023
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 upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Omnicom Group (OMC)
Industry: Advertising
Industry RS rank: 11 out of 60
Stock RS rank: 83 out of 624
4/20/23 close: $92.26
1 Month avg volatility: $1.59. Volatility stop (for downward breakout): $96.07 or 4.1% above the close.
Change YTD: 13.11%
Volume: 1,503,100 shares. 3 month avg: 2,548,395 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 04/04/2023 to 04/18/2023
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 11 out of 60
Stock RS rank: 490 out of 624
4/20/23 close: $16.05
1 Month avg volatility: $0.48. Volatility stop (for upward breakout): $14.97 or 6.7% below the close.
Change YTD: -3.20%
Volume: 973,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 03/24/2023 to 04/10/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Oxford Industries (OXM)
Industry: Apparel
Industry RS rank: 18 out of 60
Stock RS rank: 282 out of 624
4/20/23 close: $105.50
1 Month avg volatility: $3.52. Volatility stop (for upward breakout): $97.70 or 7.4% below the close.
Change YTD: 13.22%
Volume: 115,700 shares. 3 month avg: 112,505 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 Bottom, Adam and Adam reversal pattern from 04/10/2023 to 04/13/2023
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.

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Procter and Gamble Co (PG)
Industry: Household Products
Industry RS rank: 26 out of 60
Stock RS rank: 236 out of 624
4/20/23 close: $150.85
1 Month avg volatility: $1.61. Volatility stop (for upward breakout): $147.14 or 2.5% below the close.
Change YTD: -0.47%
Volume: 5,286,100 shares. 3 month avg: 7,163,346 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: Pennant continuation pattern from 04/06/2023 to 04/20/2023
Breakout is upward 61% of the time.
Average rise: 25%.
Break-even failure rate: 2%.
Throwbacks occur 47% of the time.
Price hits measure rule target 60% of the time.

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Qualcomm Inc. (QCOM)
Industry: Telecom. Equipment
Industry RS rank: 50 out of 60
Stock RS rank: 409 out of 624
4/20/23 close: $118.64
1 Month avg volatility: $2.93. Volatility stop (for downward breakout): $125.76 or 6.0% above the close.
Change YTD: 7.91%
Volume: 5,116,900 shares. 3 month avg: 12,234,022 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: Head-and-shoulders top reversal pattern from 03/23/2023 to 04/11/2023
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.

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Raymond James Financial, Inc. (RJF)
Industry: Securities Brokerage
Industry RS rank: 42 out of 60
Stock RS rank: 488 out of 624
4/20/23 close: $96.18
1 Month avg volatility: $2.31. Volatility stop (for upward breakout): $90.97 or 5.4% below the close.
Change YTD: -9.99%
Volume: 744,100 shares. 3 month avg: 692,654 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 03/13/2023 to 03/20/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Raytheon Technologies Corp (RTX)
Industry: Aerospace/Defense
Industry RS rank: 27 out of 60
Stock RS rank: 211 out of 624
4/20/23 close: $102.84
1 Month avg volatility: $1.34. Volatility stop (for upward breakout): $99.63 or 3.1% below the close.
Change YTD: 1.90%
Volume: 3,931,400 shares. 3 month avg: 4,671,166 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 03/13/2023 to 03/24/2023
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Reinsurance Group of America (RGA)
Industry: Insurance (Life)
Industry RS rank: 57 out of 60
Stock RS rank: 444 out of 624
4/20/23 close: $141.81
1 Month avg volatility: $2.80. Volatility stop (for upward breakout): $133.85 or 5.6% below the close.
Change YTD: -0.20%
Volume: 355,900 shares. 3 month avg: 326,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 03/17/2023 to 03/24/2023
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Schwab, Charles Corporation (SCHW)
Industry: Securities Brokerage
Industry RS rank: 42 out of 60
Stock RS rank: 585 out of 624
4/20/23 close: $54.00
1 Month avg volatility: $2.11. Volatility stop (for upward breakout): $49.52 or 8.3% below the close.
Change YTD: -35.14%
Volume: 24,339,200 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: Double Bottom, Adam and Adam reversal pattern from 04/05/2023 to 04/17/2023
WARNING: A dead-cat bounce occurred on 03/13/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 06/12/2023 and a 38% chance by 09/11/2023.
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Sempra Energy (SRE)
Industry: Electric Utility (West)
Industry RS rank: 25 out of 60
Stock RS rank: 348 out of 624
4/20/23 close: $156.94
1 Month avg volatility: $2.56. Volatility stop (for upward breakout): $150.97 or 3.8% below the close.
Change YTD: 1.55%
Volume: 1,465,700 shares. 3 month avg: 1,356,452 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 03/23/2023 to 04/13/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Targa Resources Corp (TRGP)
Industry: Natural Gas (Diversified)
Industry RS rank: 59 out of 60
Stock RS rank: 284 out of 624
4/20/23 close: $75.56
1 Month avg volatility: $1.66. Volatility stop (for upward breakout): $70.99 or 6.1% below the close.
Change YTD: 2.80%
Volume: 1,268,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 03/13/2023 to 03/20/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Unisys Corp (UIS)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 41 out of 60
Stock RS rank: 622 out of 624
4/20/23 close: $3.39
1 Month avg volatility: $0.20. Volatility stop (for upward breakout): $2.99 or 11.8% below the close.
Change YTD: -33.66%
Volume: 852,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 03/24/2023 to 04/10/2023
WARNING: A dead-cat bounce occurred on 11/08/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/09/2023.
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Unum Group (UNM)
Industry: Insurance (Diversified)
Industry RS rank: 47 out of 60
Stock RS rank: 491 out of 624
4/20/23 close: $41.23
1 Month avg volatility: $0.85. Volatility stop (for upward breakout): $39.29 or 4.7% below the close.
Change YTD: 0.49%
Volume: 866,900 shares. 3 month avg: 1,168,134 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 03/13/2023 to 03/20/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Veeco Instruments Inc (VECO)
Industry: Precision Instrument
Industry RS rank: 32 out of 60
Stock RS rank: 373 out of 624
4/20/23 close: $19.09
1 Month avg volatility: $0.48. Volatility stop (for upward breakout): $17.83 or 6.6% below the close.
Change YTD: 2.74%
Volume: 230,900 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: Triangle, symmetrical continuation pattern from 02/16/2023 to 04/03/2023
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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WEX Inc (WEX)
Industry: Information Services
Industry RS rank: 29 out of 60
Stock RS rank: 86 out of 624
4/20/23 close: $184.50
1 Month avg volatility: $4.08. Volatility stop (for upward breakout): $175.96 or 4.6% below the close.
Change YTD: 12.74%
Volume: 242,000 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: Ugly double bottom reversal pattern from 03/24/2023 to 04/06/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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