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: 25 out of 60Stock RS rank: 287 out of 6234/27/23 close: $90.601 Month avg volatility: $1.20. Volatility stop (for downward breakout): $93.00 or 2.7% above the close.Change YTD: -0.33%Volume: 785,500 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: Triple top reversal pattern from 02/01/2023 to 04/12/2023Breakout 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: IT ServicesIndustry RS rank: 25 out of 60Stock RS rank: 479 out of 6234/27/23 close: $216.161 Month avg volatility: $3.51. Volatility stop (for upward breakout): $204.37 or 5.5% below the close.Change YTD: -9.50%Volume: 2,177,500 shares. 3 month avg: 2,140,888 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: Triangle, symmetrical continuation pattern from 03/06/2023 to 04/21/2023Breakout 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: Chemical (Specialty)Industry RS rank: 12 out of 60Stock RS rank: 237 out of 6234/27/23 close: $37.881 Month avg volatility: $0.99. Volatility stop (for downward breakout): $39.89 or 5.3% above the close.Change YTD: 12.20%Volume: 228,700 shares. 3 month avg: 523,769 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 Eve reversal pattern from 04/03/2023 to 04/12/2023Breakout 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: 22 out of 60Stock RS rank: 126 out of 6234/27/23 close: $56.651 Month avg volatility: $0.88. Volatility stop (for downward breakout): $58.42 or 3.1% above the close.Change YTD: -6.26%Volume: 575,000 shares. 3 month avg: 894,866 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 Top, Adam and Eve reversal pattern from 04/03/2023 to 04/18/2023Breakout 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 (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 38 out of 60Stock RS rank: 44 out of 6234/27/23 close: $22.841 Month avg volatility: $0.83. Volatility stop (for downward breakout): $24.72 or 8.2% above the close.Change YTD: -4.19%Volume: 229,100 shares. 3 month avg: 99,982 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: Pipe top reversal pattern from 04/10/2023 to 04/17/2023Breakout 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: Food ProcessingIndustry RS rank: 34 out of 60Stock RS rank: 549 out of 6234/27/23 close: $48.121 Month avg volatility: $1.87. Volatility stop (for downward breakout): $53.25 or 10.7% above the close.Change YTD: -11.63%Volume: 1,354,200 shares. 3 month avg: 322,132 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 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: Chemical (Basic)Industry RS rank: 41 out of 60Stock RS rank: 284 out of 6234/27/23 close: $103.411 Month avg volatility: $2.46. Volatility stop (for downward breakout): $108.33 or 4.8% above the close.Change YTD: 1.14%Volume: 1,324,100 shares. 3 month avg: 691,697 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 04/03/2023 to 04/14/2023Breakout 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: Petroleum (Integrated)Industry RS rank: 53 out of 60Stock RS rank: 452 out of 6234/27/23 close: $166.951 Month avg volatility: $2.34. Volatility stop (for downward breakout): $172.07 or 3.1% above the close.Change YTD: -6.99%Volume: 6,379,900 shares. 3 month avg: 5,172,805 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 top reversal pattern from 04/03/2023 to 04/24/2023Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 33 out of 60Stock RS rank: 314 out of 6234/27/23 close: $103.611 Month avg volatility: $1.94. Volatility stop (for downward breakout): $107.53 or 3.8% above the close.Change YTD: 1.19%Volume: 651,200 shares. 3 month avg: 534,966 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 03/21/2023 to 04/03/2023Breakout 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: Industrial ServicesIndustry RS rank: 19 out of 60Stock RS rank: 251 out of 6234/27/23 close: $450.821 Month avg volatility: $6.74. Volatility stop (for downward breakout): $465.49 or 3.3% above the close.Change YTD: -0.18%Volume: 329,100 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 Adam reversal pattern from 03/30/2023 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: Metals and Mining (Div.)Industry RS rank: 16 out of 60Stock RS rank: 353 out of 6234/27/23 close: $15.171 Month avg volatility: $0.59. Volatility stop (for upward breakout): $13.64 or 10.1% below the close.Change YTD: -5.83%Volume: 11,279,200 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: Scallop, ascending and inverted continuation pattern from 11/03/2022 to 12/19/2022Breakout is upward 100% of the time.Average rise: 43%.Break-even failure rate: 4%.Throwbacks occur 61% of the time.Price hits measure rule target 61% of the time.
Industry: ShoeIndustry RS rank: 2 out of 60Stock RS rank: 11 out of 6234/27/23 close: $124.321 Month avg volatility: $5.33. Volatility stop (for downward breakout): $147.15 or 18.4% above the close.Change YTD: 14.65%Volume: 10,503,600 shares. 3 month avg: 1,230,068 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: Dead-cat bounce continuation pattern from 04/27/2023 to 04/27/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: ElectronicsIndustry RS rank: 46 out of 60Stock RS rank: 212 out of 6234/27/23 close: $40.631 Month avg volatility: $1.24. Volatility stop (for downward breakout): $44.68 or 10.0% above the close.Change YTD: 3.07%Volume: 265,200 shares. 3 month avg: 73,662 shares.This security may be thinly traded (less than 100k 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 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: MachineryIndustry RS rank: 40 out of 60Stock RS rank: 359 out of 6234/27/23 close: $167.981 Month avg volatility: $2.83. Volatility stop (for downward breakout): $173.87 or 3.5% above the close.Change YTD: 0.59%Volume: 529,600 shares. 3 month avg: 230,622 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 Adam reversal pattern from 04/03/2023 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: Electric Utility (Central)Industry RS rank: 28 out of 60Stock RS rank: 338 out of 6234/27/23 close: $113.451 Month avg volatility: $1.75. Volatility stop (for upward breakout): $108.96 or 4.0% below the close.Change YTD: -3.47%Volume: 1,123,900 shares. 3 month avg: 979,609 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: 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: IT ServicesIndustry RS rank: 25 out of 60Stock RS rank: 557 out of 6234/27/23 close: $279.251 Month avg volatility: $7.19. Volatility stop (for downward breakout): $296.81 or 6.3% above the close.Change YTD: -14.80%Volume: 348,100 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: Double Top, Eve and Eve reversal pattern from 04/03/2023 to 04/13/2023Breakout 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: Electric Utility (East)Industry RS rank: 31 out of 60Stock RS rank: 187 out of 6234/27/23 close: $42.781 Month avg volatility: $0.63. Volatility stop (for upward breakout): $41.37 or 3.3% below the close.Change YTD: -1.04%Volume: 6,953,800 shares. 3 month avg: 5,244,875 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: Ugly double bottom reversal pattern from 03/23/2023 to 04/14/2023Breakout 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: Information ServicesIndustry RS rank: 27 out of 60Stock RS rank: 411 out of 6234/27/23 close: $410.161 Month avg volatility: $7.50. Volatility stop (for upward breakout): $387.48 or 5.5% below the close.Change YTD: 2.23%Volume: 157,700 shares. 3 month avg: 411,949 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: Ugly double bottom reversal pattern from 03/23/2023 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: IT ServicesIndustry RS rank: 25 out of 60Stock RS rank: 9 out of 6234/27/23 close: $734.681 Month avg volatility: $12.67. Volatility stop (for upward breakout): $693.84 or 5.6% below the close.Change YTD: 22.74%Volume: 241,900 shares. 3 month avg: 162,437 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 03/13/2023 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: 46 out of 60Stock RS rank: 257 out of 6234/27/23 close: $20.181 Month avg volatility: $0.51. Volatility stop (for downward breakout): $21.23 or 5.2% above the close.Change YTD: -5.96%Volume: 5,823,100 shares. 3 month avg: 3,241,565 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 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: Industrial ServicesIndustry RS rank: 19 out of 60Stock RS rank: 362 out of 6234/27/23 close: $63.601 Month avg volatility: $1.16. Volatility stop (for downward breakout): $66.18 or 4.1% above the close.Change YTD: -1.01%Volume: 2,559,900 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 04/03/2023 to 04/14/2023Breakout 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: 43 out of 60Stock RS rank: 135 out of 6234/27/23 close: $83.551 Month avg volatility: $1.31. Volatility stop (for upward breakout): $79.80 or 4.5% below the close.Change YTD: -2.68%Volume: 8,586,500 shares. 3 month avg: 8,272,228 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 03/17/2023 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 365 out of 6234/27/23 close: $58.011 Month avg volatility: $1.97. Volatility stop (for downward breakout): $62.24 or 7.3% above the close.Change YTD: 7.65%Volume: 1,529,900 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, Adam and Adam reversal pattern from 02/14/2023 to 03/31/2023Breakout 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: Telecom. EquipmentIndustry RS rank: 52 out of 60Stock RS rank: 500 out of 6234/27/23 close: $13.791 Month avg volatility: $0.43. Volatility stop (for downward breakout): $14.80 or 7.3% above the close.Change YTD: 5.27%Volume: 1,203,300 shares. 3 month avg: 585,235 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 04/10/2023 to 04/17/2023Breakout 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: Healthcare InformationIndustry RS rank: 48 out of 60Stock RS rank: 590 out of 6234/27/23 close: $54.731 Month avg volatility: $1.59. Volatility stop (for downward breakout): $58.28 or 6.5% above the close.Change YTD: -11.21%Volume: 344,400 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: Three Falling Peaks reversal pattern from 03/22/2023 to 04/17/2023Breakout 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: Medical SuppliesIndustry RS rank: 9 out of 60Stock RS rank: 181 out of 6234/27/23 close: $81.191 Month avg volatility: $1.28. Volatility stop (for downward breakout): $84.22 or 3.7% above the close.Change YTD: 1.65%Volume: 697,000 shares. 3 month avg: 2,211,905 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: Double Top, Adam and Adam reversal pattern from 04/11/2023 to 04/25/2023Breakout 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: Human ResourcesIndustry RS rank: 55 out of 60Stock RS rank: 436 out of 6234/27/23 close: $58.791 Month avg volatility: $1.26. Volatility stop (for downward breakout): $62.29 or 6.0% above the close.Change YTD: 7.22%Volume: 333,800 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 04/10/2023 to 04/17/2023Breakout 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: Food ProcessingIndustry RS rank: 34 out of 60Stock RS rank: 123 out of 6234/27/23 close: $210.011 Month avg volatility: $3.42. Volatility stop (for upward breakout): $198.09 or 5.7% below the close.Change YTD: 6.44%Volume: 124,200 shares. 3 month avg: 112,417 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: Three Rising Valleys reversal pattern from 02/02/2023 to 04/17/2023Breakout is upward 100% of the time.Average rise: 41%.Break-even failure rate: 5%.Throwbacks occur 60% of the time.Price hits measure rule target 58% of the time.
Industry: Petroleum (Producing)Industry RS rank: 59 out of 60Stock RS rank: 567 out of 6234/27/23 close: $20.411 Month avg volatility: $0.58. Volatility stop (for downward breakout): $21.77 or 6.7% above the close.Change YTD: -12.96%Volume: 1,150,200 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: Double Top, Adam and Eve reversal pattern from 04/04/2023 to 04/17/2023Breakout 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 (Central)Industry RS rank: 28 out of 60Stock RS rank: 155 out of 6234/27/23 close: $76.771 Month avg volatility: $1.39. Volatility stop (for downward breakout): $80.03 or 4.3% above the close.Change YTD: 9.05%Volume: 49,700 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: Head-and-shoulders top reversal pattern from 03/20/2023 to 04/21/2023Breakout 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: NoneIndustry RS rank: 13 out of 604/27/23 close: $12,142.241 Month avg volatility: $147.35. Volatility stop (for downward breakout): $12,448.70 or 2.5% above the close.Change YTD: 16.01%Volume: 0 shares. Could not calculate the 3 month avg volume.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, Eve and Eve reversal pattern from 03/31/2023 to 04/18/2023Breakout 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: Telecom. EquipmentIndustry RS rank: 52 out of 60Stock RS rank: 605 out of 6234/27/23 close: $14.511 Month avg volatility: $0.45. Volatility stop (for downward breakout): $15.90 or 9.6% above the close.Change YTD: -19.88%Volume: 767,600 shares. 3 month avg: 452,812 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: Dead-cat bounce continuation pattern from 04/27/2023 to 04/27/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 42 out of 60Stock RS rank: 456 out of 6234/27/23 close: $63.441 Month avg volatility: $1.24. Volatility stop (for downward breakout): $65.97 or 4.0% above the close.Change YTD: 5.63%Volume: 1,600,300 shares. 3 month avg: 2,986,022 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: Pipe top reversal pattern from 04/10/2023 to 04/17/2023Breakout 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: Precision InstrumentIndustry RS rank: 39 out of 60Stock RS rank: 186 out of 6234/27/23 close: $154.721 Month avg volatility: $3.42. Volatility stop (for downward breakout): $161.59 or 4.4% above the close.Change YTD: 13.87%Volume: 74,600 shares.This security may be thinly traded (less than 100k 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 03/31/2023 to 04/24/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 24 out of 60Stock RS rank: 234 out of 6234/27/23 close: $185.121 Month avg volatility: $3.90. Volatility stop (for downward breakout): $193.94 or 4.8% above the close.Change YTD: 32.66%Volume: 2,541,100 shares. 3 month avg: 1,496,697 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: Broadening top reversal pattern from 03/21/2023 to 04/18/2023Breakout 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: Medical SuppliesIndustry RS rank: 9 out of 60Stock RS rank: 406 out of 6234/27/23 close: $27.111 Month avg volatility: $0.54. Volatility stop (for downward breakout): $28.19 or 4.0% above the close.Change YTD: -3.28%Volume: 748,300 shares. 3 month avg: 1,885,975 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: Rectangle bottom continuation pattern from 03/22/2023 to 04/27/2023Breakout 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: Medical SuppliesIndustry RS rank: 9 out of 60Stock RS rank: 12 out of 6234/27/23 close: $283.161 Month avg volatility: $6.46. Volatility stop (for downward breakout): $298.21 or 5.3% above the close.Change YTD: 27.29%Volume: 400,000 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: Broadening top reversal pattern from 04/03/2023 to 04/18/2023Breakout 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: Chemical (Specialty)Industry RS rank: 12 out of 60Stock RS rank: 133 out of 6234/27/23 close: $183.951 Month avg volatility: $5.20. Volatility stop (for downward breakout): $194.91 or 6.0% above the close.Change YTD: 10.22%Volume: 105,200 shares. 3 month avg: 69,343 shares.This security may be thinly traded (less than 100k 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: Double Top, Adam and Eve reversal pattern from 04/03/2023 to 04/12/2023Breakout 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: Medical ServicesIndustry RS rank: 54 out of 60Stock RS rank: 410 out of 6234/27/23 close: $141.011 Month avg volatility: $2.30. Volatility stop (for upward breakout): $131.99 or 6.4% below the close.Change YTD: -9.86%Volume: 2,719,000 shares. 3 month avg: 1,490,418 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 03/17/2023 to 04/19/2023Breakout 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: BiotechnologyIndustry RS rank: 43 out of 60Stock RS rank: 277 out of 6234/27/23 close: $792.291 Month avg volatility: $12.50. Volatility stop (for downward breakout): $821.41 or 3.7% above the close.Change YTD: 9.81%Volume: 748,900 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: Triple top reversal pattern from 03/29/2023 to 04/13/2023Breakout 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: 26 out of 60Stock RS rank: 61 out of 6234/27/23 close: $259.921 Month avg volatility: $11.79. Volatility stop (for upward breakout): $224.05 or 13.8% below the close.Change YTD: 23.96%Volume: 809,200 shares. 3 month avg: 163,825 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 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: Packaging and ContainerIndustry RS rank: 22 out of 60Stock RS rank: 384 out of 6234/27/23 close: $47.081 Month avg volatility: $0.78. Volatility stop (for upward breakout): $44.15 or 6.2% below the close.Change YTD: -5.61%Volume: 880,500 shares. 3 month avg: 2,419,223 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: Scallop, ascending and inverted continuation pattern from 03/24/2023 to 04/26/2023Breakout is upward 100% of the time.Average rise: 43%.Break-even failure rate: 4%.Throwbacks occur 61% of the time.Price hits measure rule target 61% of the time.
Industry: Air TransportIndustry RS rank: 8 out of 60Stock RS rank: 512 out of 6234/27/23 close: $29.881 Month avg volatility: $0.79. Volatility stop (for downward breakout): $31.62 or 5.8% above the close.Change YTD: -11.26%Volume: 23,036,400 shares. 3 month avg: 5,071,869 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 03/31/2023 to 04/20/2023Breakout 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: E-CommerceIndustry RS rank: 11 out of 60Stock RS rank: 321 out of 6234/27/23 close: $86.081 Month avg volatility: $2.45. Volatility stop (for downward breakout): $92.34 or 7.3% above the close.Change YTD: -0.01%Volume: 868,300 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: 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: E-CommerceIndustry RS rank: 11 out of 60Stock RS rank: 169 out of 6234/27/23 close: $147.371 Month avg volatility: $4.03. Volatility stop (for downward breakout): $156.28 or 6.1% above the close.Change YTD: 14.75%Volume: 137,700 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: Triple top reversal pattern from 04/04/2023 to 04/24/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 24 out of 60Stock RS rank: 105 out of 6234/27/23 close: $38.571 Month avg volatility: $0.65. Volatility stop (for downward breakout): $39.98 or 3.7% above the close.Change YTD: 14.59%Volume: 457,300 shares. 3 month avg: 1,378,918 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 04/04/2023 to 04/18/2023Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 328 out of 6234/27/23 close: $165.271 Month avg volatility: $3.76. Volatility stop (for downward breakout): $173.13 or 4.8% above the close.Change YTD: 0.03%Volume: 6,683,600 shares. 3 month avg: 4,332,837 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 03/23/2023 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: Oilfield Svcs/EquipmentIndustry RS rank: 60 out of 60Stock RS rank: 15 out of 6234/27/23 close: $5.791 Month avg volatility: $0.31. Volatility stop (for downward breakout): $6.49 or 12.0% above the close.Change YTD: 26.97%Volume: 9,748,300 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: Head-and-shoulders top reversal pattern from 03/29/2023 to 04/13/2023Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 45 out of 60Stock RS rank: 167 out of 6234/27/23 close: $54.031 Month avg volatility: $1.43. Volatility stop (for upward breakout): $49.61 or 8.2% below the close.Change YTD: 27.64%Volume: 871,400 shares. 3 month avg: 245,355 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: Head-and-shoulders bottom reversal pattern from 03/17/2023 to 04/05/2023Breakout 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: Natural Gas (Distributor)Industry RS rank: 51 out of 60Stock RS rank: 393 out of 6234/27/23 close: $34.021 Month avg volatility: $0.59. Volatility stop (for downward breakout): $35.27 or 3.7% above the close.Change YTD: -8.23%Volume: 1,163,500 shares. 3 month avg: 686,418 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 04/03/2023 to 04/21/2023Breakout 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: ApparelIndustry RS rank: 23 out of 60Stock RS rank: 551 out of 6234/27/23 close: $23.141 Month avg volatility: $0.61. Volatility stop (for upward breakout): $21.04 or 9.1% below the close.Change YTD: -16.19%Volume: 4,462,700 shares. 3 month avg: 2,795,366 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: 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: Retail StoreIndustry RS rank: 47 out of 60Stock RS rank: 286 out of 6234/27/23 close: $151.381 Month avg volatility: $1.62. Volatility stop (for upward breakout): $147.54 or 2.5% below the close.Change YTD: 6.76%Volume: 4,269,400 shares. 3 month avg: 6,204,140 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: Ugly double bottom reversal pattern from 03/10/2023 to 04/14/2023Breakout 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: Chemical (Basic)Industry RS rank: 41 out of 60Stock RS rank: 188 out of 6234/27/23 close: $111.291 Month avg volatility: $2.59. Volatility stop (for downward breakout): $116.56 or 4.7% above the close.Change YTD: 8.53%Volume: 380,500 shares. 3 month avg: 812,517 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 04/03/2023 to 04/14/2023Breakout 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: Natural Gas (Distributor)Industry RS rank: 51 out of 60Stock RS rank: 470 out of 6234/27/23 close: $29.811 Month avg volatility: $0.47. Volatility stop (for downward breakout): $30.81 or 3.4% above the close.Change YTD: -9.39%Volume: 6,179,100 shares. 3 month avg: 4,990,974 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 top reversal pattern from 04/03/2023 to 04/24/2023Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 619 out of 6234/27/23 close: $46.001 Month avg volatility: $2.93. Volatility stop (for downward breakout): $57.69 or 25.4% above the close.Change YTD: -33.37%Volume: 15,837,300 shares. 3 month avg: 2,005,123 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: Dead-cat bounce continuation pattern from 04/27/2023 to 04/27/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: Computer Software and SvcsIndustry RS rank: 24 out of 60Stock RS rank: 211 out of 6234/27/23 close: $295.391 Month avg volatility: $4.21. Volatility stop (for downward breakout): $304.53 or 3.1% above the close.Change YTD: 15.45%Volume: 741,600 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: Double Top, Eve and Eve reversal pattern from 04/04/2023 to 04/18/2023Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 96 out of 6234/27/23 close: $404.841 Month avg volatility: $8.46. Volatility stop (for downward breakout): $422.28 or 4.3% above the close.Change YTD: 16.34%Volume: 1,034,900 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: Double Top, Eve and Eve reversal pattern from 03/23/2023 to 03/31/2023Breakout 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: IT ServicesIndustry RS rank: 25 out of 60Stock RS rank: 131 out of 6234/27/23 close: $149.211 Month avg volatility: $2.03. Volatility stop (for downward breakout): $153.38 or 2.8% above the close.Change YTD: 19.91%Volume: 5,983,100 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 Top, Eve and Eve reversal pattern from 04/04/2023 to 04/18/2023Breakout 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.
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