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: Chemical (Diversified)Industry RS rank: 49 out of 60Stock RS rank: 177 out of 6244/20/23 close: $292.461 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 04/10/2023Breakout 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: Air TransportIndustry RS rank: 9 out of 60Stock RS rank: 419 out of 6244/20/23 close: $43.561 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 04/13/2023Breakout 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: Aerospace/DefenseIndustry RS rank: 27 out of 60Stock RS rank: 381 out of 6244/20/23 close: $40.231 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 04/20/2023Breakout 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.
Industry: Insurance (Life)Industry RS rank: 57 out of 60Stock RS rank: 505 out of 6244/20/23 close: $37.891 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 04/05/2023WARNING: 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 39 out of 60Stock RS rank: 504 out of 6244/20/23 close: $123.031 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 03/20/2023Breakout 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: ElectronicsIndustry RS rank: 44 out of 60Stock RS rank: 214 out of 6244/20/23 close: $112.881 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 04/03/2023Breakout 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: 39 out of 60Stock RS rank: 324 out of 6244/20/23 close: $56.701 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 03/24/2023Breakout 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: Retail Building SupplyIndustry RS rank: 8 out of 60Stock RS rank: 283 out of 6244/20/23 close: $60.621 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 04/10/2023Breakout 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: Chemical (Diversified)Industry RS rank: 49 out of 60Stock RS rank: 173 out of 6244/20/23 close: $52.151 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 04/20/2023Breakout 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.
Industry: ElectronicsIndustry RS rank: 44 out of 60Stock RS rank: 102 out of 6244/20/23 close: $11.991 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 04/19/2023Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 39 out of 60Stock RS rank: 461 out of 6244/20/23 close: $39.831 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 03/20/2023Breakout 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: IT ServicesIndustry RS rank: 24 out of 60Stock RS rank: 448 out of 6244/20/23 close: $59.971 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 04/19/2023Breakout 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.
Industry: Information ServicesIndustry RS rank: 29 out of 60Stock RS rank: 492 out of 6244/20/23 close: $69.011 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 04/19/2023Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 39 out of 60Stock RS rank: 84 out of 6244/20/23 close: $375.601 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 03/20/2023Breakout 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: 19 out of 60Stock RS rank: 603 out of 6244/20/23 close: $56.281 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 03/24/2023WARNING: 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 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: ApparelIndustry RS rank: 18 out of 60Stock RS rank: 125 out of 6244/20/23 close: $19.871 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 03/27/2023Breakout 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: 2 out of 6244/20/23 close: $70.511 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 03/20/2023Breakout 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: Telecom. EquipmentIndustry RS rank: 50 out of 60Stock RS rank: 93 out of 6244/20/23 close: $6.341 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 03/31/2023Breakout 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: Retail Building SupplyIndustry RS rank: 8 out of 60Stock RS rank: 29 out of 6244/20/23 close: $121.821 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 04/06/2023Breakout 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: Medical SuppliesIndustry RS rank: 10 out of 60Stock RS rank: 35 out of 6244/20/23 close: $321.141 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 04/14/2023Breakout 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: Securities BrokerageIndustry RS rank: 42 out of 60Stock RS rank: 369 out of 6244/20/23 close: $81.871 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 03/20/2023Breakout 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: 19 out of 60Stock RS rank: 92 out of 6244/20/23 close: $23.401 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 04/12/2023Breakout 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: Securities BrokerageIndustry RS rank: 42 out of 60Stock RS rank: 556 out of 6244/20/23 close: $205.361 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 04/10/2023Breakout 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: Human ResourcesIndustry RS rank: 56 out of 60Stock RS rank: 440 out of 6244/20/23 close: $73.811 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 04/18/2023Breakout 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: 42 out of 60Stock RS rank: 235 out of 6244/20/23 close: $90.431 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 04/06/2023Breakout 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.
Industry: Chemical (Diversified)Industry RS rank: 49 out of 60Stock RS rank: 544 out of 6244/20/23 close: $44.821 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 04/06/2023Breakout 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: 14 out of 60Stock RS rank: 498 out of 6244/20/23 close: $24.631 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 04/20/2023Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 39 out of 60Stock RS rank: 314 out of 6244/20/23 close: $25.431 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 04/20/2023Breakout 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.
Industry: Healthcare InformationIndustry RS rank: 48 out of 60Stock RS rank: 591 out of 6244/20/23 close: $59.051 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 03/13/2023WARNING: 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 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: AdvertisingIndustry RS rank: 11 out of 60Stock RS rank: 83 out of 6244/20/23 close: $92.261 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 04/18/2023Breakout 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: AdvertisingIndustry RS rank: 11 out of 60Stock RS rank: 490 out of 6244/20/23 close: $16.051 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 04/10/2023Breakout 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: ApparelIndustry RS rank: 18 out of 60Stock RS rank: 282 out of 6244/20/23 close: $105.501 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 04/13/2023Breakout 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: Household ProductsIndustry RS rank: 26 out of 60Stock RS rank: 236 out of 6244/20/23 close: $150.851 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 04/20/2023Breakout 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.
Industry: Telecom. EquipmentIndustry RS rank: 50 out of 60Stock RS rank: 409 out of 6244/20/23 close: $118.641 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 04/11/2023Breakout 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: 42 out of 60Stock RS rank: 488 out of 6244/20/23 close: $96.181 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 03/20/2023Breakout 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: Aerospace/DefenseIndustry RS rank: 27 out of 60Stock RS rank: 211 out of 6244/20/23 close: $102.841 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 03/24/2023Breakout 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: Insurance (Life)Industry RS rank: 57 out of 60Stock RS rank: 444 out of 6244/20/23 close: $141.811 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 03/24/2023Breakout 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: Securities BrokerageIndustry RS rank: 42 out of 60Stock RS rank: 585 out of 6244/20/23 close: $54.001 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 04/17/2023WARNING: 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.
Industry: Electric Utility (West)Industry RS rank: 25 out of 60Stock RS rank: 348 out of 6244/20/23 close: $156.941 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 04/13/2023Breakout 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: Natural Gas (Diversified)Industry RS rank: 59 out of 60Stock RS rank: 284 out of 6244/20/23 close: $75.561 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 03/20/2023Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 41 out of 60Stock RS rank: 622 out of 6244/20/23 close: $3.391 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 04/10/2023WARNING: 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.
Industry: Insurance (Diversified)Industry RS rank: 47 out of 60Stock RS rank: 491 out of 6244/20/23 close: $41.231 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 03/20/2023Breakout 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: Precision InstrumentIndustry RS rank: 32 out of 60Stock RS rank: 373 out of 6244/20/23 close: $19.091 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 04/03/2023Breakout 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: Information ServicesIndustry RS rank: 29 out of 60Stock RS rank: 86 out of 6244/20/23 close: $184.501 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 04/06/2023Breakout 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.
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