As of 12/26/2024
  Indus: 43,326 +28.77 +0.1%  
  Trans: 16,104 +40.79 +0.3%  
  Utils: 992 -1.47 -0.1%  
  Nasdaq: 20,020 -10.77 -0.1%  
  S&P 500: 6,038 -2.45 0.0%  
YTD
 +15.0%  
 +1.3%  
 +12.5%  
 +33.4%  
 +26.6%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Up arrow16,700 or 15,500 by 01/15/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025
As of 12/26/2024
  Indus: 43,326 +28.77 +0.1%  
  Trans: 16,104 +40.79 +0.3%  
  Utils: 992 -1.47 -0.1%  
  Nasdaq: 20,020 -10.77 -0.1%  
  S&P 500: 6,038 -2.45 0.0%  
YTD
 +15.0%  
 +1.3%  
 +12.5%  
 +33.4%  
 +26.6%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Up arrow16,700 or 15,500 by 01/15/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025

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.
 
3D Systems (DDD)
Industry: Electronics
Industry RS rank: 12 out of 60
Stock RS rank: 221 out of 626
6/8/23 close: $9.89
1 Month avg volatility: $0.40. Volatility stop (for upward breakout): $8.77 or 11.3% below the close.
Change YTD: 33.65%
Volume: 1,271,600 shares. 3 month avg: 3,031,971 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: Big W reversal pattern from 05/09/2023 to 05/26/2023
Breakout is upward 71% of the time.
Average rise: 31%.
Break-even failure rate: 11%.
Throwbacks occur 32% of the time.
Price hits measure rule target 42% of the time.

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ADTRAN Inc (ADTN)
Industry: Telecom. Equipment
Industry RS rank: 51 out of 60
Stock RS rank: 624 out of 626
6/8/23 close: $9.26
1 Month avg volatility: $0.37. Volatility stop (for upward breakout): $8.35 or 9.8% below the close.
Change YTD: -50.72%
Volume: 956,400 shares. 3 month avg: 348,746 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 05/09/2023 to 05/25/2023
WARNING: A dead-cat bounce occurred on 04/11/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 07/11/2023 and a 38% chance by 10/10/2023.
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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Air Products and Chemicals, Inc. (APD)
Industry: Chemical (Diversified)
Industry RS rank: 54 out of 60
Stock RS rank: 496 out of 626
6/8/23 close: $283.38
1 Month avg volatility: $5.44. Volatility stop (for upward breakout): $265.46 or 6.3% below the close.
Change YTD: -8.07%
Volume: 641,600 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: Broadening bottom reversal pattern from 05/11/2023 to 06/08/2023
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Alarm.com Holdings inc (ALRM)
Industry: Computer Software and Svcs
Industry RS rank: 7 out of 60
Stock RS rank: 250 out of 626
6/8/23 close: $51.10
1 Month avg volatility: $1.56. Volatility stop (for upward breakout): $47.95 or 6.2% below the close.
Change YTD: 3.27%
Volume: 220,100 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: Ugly double bottom reversal pattern from 05/04/2023 to 06/01/2023
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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Anika Therapeutics Inc (ANIK)
Industry: Biotechnology
Industry RS rank: 42 out of 60
Stock RS rank: 527 out of 626
6/8/23 close: $26.81
1 Month avg volatility: $0.82. Volatility stop (for downward breakout): $28.64 or 6.8% above the close.
Change YTD: -9.43%
Volume: 82,000 shares. 3 month avg: 71,871 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 Tuesday.
 
Chart pattern: Broadening top reversal pattern from 05/22/2023 to 06/06/2023
WARNING: A dead-cat bounce occurred on 03/07/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 09/05/2023.
Breakout 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.

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Boot Barn Holdings Inc (BOOT)
Industry: Shoe
Industry RS rank: 9 out of 60
Stock RS rank: 136 out of 626
6/8/23 close: $75.24
1 Month avg volatility: $2.80. Volatility stop (for upward breakout): $67.38 or 10.5% below the close.
Change YTD: 20.35%
Volume: 650,300 shares. 3 month avg: 434,749 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 05/19/2023 to 06/01/2023
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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Booze Allen Hamilton Holding Corp (BAH)
Industry: IT Services
Industry RS rank: 19 out of 60
Stock RS rank: 361 out of 626
6/8/23 close: $104.00
1 Month avg volatility: $1.85. Volatility stop (for upward breakout): $99.25 or 4.6% below the close.
Change YTD: -0.50%
Volume: 973,000 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: Head-and-shoulders complex bottom reversal pattern from 01/20/2023 to 05/25/2023
Breakout is upward 100% of the time.
Average rise: 39%.
Break-even failure rate: 4%.
Throwbacks occur 63% of the time.
Price hits measure rule target 74% of the time.

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Brinks Co (BCO)
Industry: Industrial Services
Industry RS rank: 20 out of 60
Stock RS rank: 84 out of 626
6/8/23 close: $72.13
1 Month avg volatility: $1.89. Volatility stop (for upward breakout): $66.22 or 8.2% below the close.
Change YTD: 34.30%
Volume: 206,300 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: Ugly double bottom reversal pattern from 05/04/2023 to 05/31/2023
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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Bruker Corp (BRKR)
Industry: Precision Instrument
Industry RS rank: 49 out of 60
Stock RS rank: 178 out of 626
6/8/23 close: $74.05
1 Month avg volatility: $2.07. Volatility stop (for upward breakout): $69.75 or 5.8% below the close.
Change YTD: 8.34%
Volume: 704,500 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 Bottom, Adam and Adam reversal pattern from 05/24/2023 to 05/31/2023
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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Build-A-Bear Workshop Inc (BBW)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 40 out of 60
Stock RS rank: 547 out of 626
6/8/23 close: $21.14
1 Month avg volatility: $0.82. Volatility stop (for upward breakout): $19.44 or 8.0% below the close.
Change YTD: -11.33%
Volume: 199,500 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 bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Cemex SA de CV (CX)
Industry: Cement and Aggregates
Industry RS rank: 8 out of 60
Stock RS rank: 13 out of 626
6/8/23 close: $6.87
1 Month avg volatility: $0.20. Volatility stop (for upward breakout): $6.35 or 7.6% below the close.
Change YTD: 69.63%
Volume: 8,071,900 shares. 3 month avg: 9,928,860 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Centene Corp (CNC)
Industry: Medical Services
Industry RS rank: 59 out of 60
Stock RS rank: 581 out of 626
6/8/23 close: $67.62
1 Month avg volatility: $1.52. Volatility stop (for upward breakout): $64.01 or 5.3% below the close.
Change YTD: -17.55%
Volume: 2,133,600 shares. 3 month avg: 1,816,006 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: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Century Aluminum Co. (CENX)
Industry: Metals and Mining (Div.)
Industry RS rank: 15 out of 60
Stock RS rank: 232 out of 626
6/8/23 close: $8.58
1 Month avg volatility: $0.40. Volatility stop (for upward breakout): $7.68 or 10.5% below the close.
Change YTD: 4.89%
Volume: 1,436,600 shares. 3 month avg: 2,285,742 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 05/08/2023 to 05/15/2023
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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Cigna Corp (CI)
Industry: Medical Services
Industry RS rank: 59 out of 60
Stock RS rank: 565 out of 626
6/8/23 close: $264.51
1 Month avg volatility: $5.90. Volatility stop (for upward breakout): $249.25 or 5.8% below the close.
Change YTD: -20.17%
Volume: 1,197,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Cleveland-Cliffs Inc (CLF)
Industry: Metals and Mining (Div.)
Industry RS rank: 15 out of 60
Stock RS rank: 288 out of 626
6/8/23 close: $16.26
1 Month avg volatility: $0.50. Volatility stop (for upward breakout): $14.79 or 9.1% below the close.
Change YTD: 0.93%
Volume: 8,208,700 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 05/22/2023 to 05/30/2023
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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CNA Financial Corp (CNA)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 43 out of 60
Stock RS rank: 392 out of 626
6/8/23 close: $39.62
1 Month avg volatility: $0.70. Volatility stop (for upward breakout): $38.14 or 3.7% below the close.
Change YTD: -6.29%
Volume: 157,700 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 Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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CNX Resources Corp (CNX)
Industry: Natural Gas (Diversified)
Industry RS rank: 58 out of 60
Stock RS rank: 254 out of 626
6/8/23 close: $16.94
1 Month avg volatility: $0.47. Volatility stop (for upward breakout): $15.61 or 7.9% below the close.
Change YTD: 0.59%
Volume: 3,136,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 04/24/2023 to 05/01/2023
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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ConocoPhillips (COP)
Industry: Petroleum (Integrated)
Industry RS rank: 48 out of 60
Stock RS rank: 479 out of 626
6/8/23 close: $104.54
1 Month avg volatility: $2.31. Volatility stop (for upward breakout): $97.96 or 6.3% below the close.
Change YTD: -11.41%
Volume: 5,117,400 shares. 3 month avg: 6,156,062 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: Triangle, symmetrical continuation pattern from 02/10/2023 to 06/08/2023
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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Coty (COTY)
Industry: Toiletries/Cosmetics
Industry RS rank: 39 out of 60
Stock RS rank: 22 out of 626
6/8/23 close: $11.80
1 Month avg volatility: $0.37. Volatility stop (for upward breakout): $10.89 or 7.7% below the close.
Change YTD: 37.85%
Volume: 3,413,500 shares. 3 month avg: 5,764,371 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Crane Co (CR)
Industry: Diversified Co.
Industry RS rank: 22 out of 60
Stock RS rank: 567 out of 626
6/8/23 close: $79.87
1 Month avg volatility: $2.57. Volatility stop (for upward breakout): $74.05 or 7.3% below the close.
Change YTD: -20.49%
Volume: 345,700 shares. 3 month avg: 293,374 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 05/04/2023 to 05/17/2023
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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CROCS Inc (CROX)
Industry: Shoe
Industry RS rank: 9 out of 60
Stock RS rank: 119 out of 626
6/8/23 close: $116.57
1 Month avg volatility: $4.92. Volatility stop (for upward breakout): $105.98 or 9.1% below the close.
Change YTD: 7.51%
Volume: 1,193,100 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: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
WARNING: A dead-cat bounce occurred on 04/27/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 07/27/2023 and a 38% chance by 10/26/2023.
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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Crown Holdings Inc (CCK)
Industry: Packaging and Container
Industry RS rank: 45 out of 60
Stock RS rank: 262 out of 626
6/8/23 close: $83.80
1 Month avg volatility: $2.01. Volatility stop (for upward breakout): $78.16 or 6.7% below the close.
Change YTD: 1.93%
Volume: 1,317,100 shares. 3 month avg: 762,669 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: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Curtiss-Wright (CW)
Industry: Machinery
Industry RS rank: 34 out of 60
Stock RS rank: 302 out of 626
6/8/23 close: $174.87
1 Month avg volatility: $2.94. Volatility stop (for upward breakout): $163.74 or 6.4% below the close.
Change YTD: 4.72%
Volume: 208,900 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 Bottom, Adam and Eve reversal pattern from 05/04/2023 to 05/31/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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Danaher Corp (DHR)
Industry: Medical Services
Industry RS rank: 59 out of 60
Stock RS rank: 516 out of 626
6/8/23 close: $235.41
1 Month avg volatility: $4.36. Volatility stop (for upward breakout): $224.99 or 4.4% below the close.
Change YTD: -11.31%
Volume: 2,211,800 shares. 3 month avg: 2,378,355 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Three Rising Valleys reversal pattern from 05/17/2023 to 05/31/2023
Breakout 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.

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Deckers Outdoor Corp (DECK)
Industry: Shoe
Industry RS rank: 9 out of 60
Stock RS rank: 69 out of 626
6/8/23 close: $490.98
1 Month avg volatility: $14.58. Volatility stop (for upward breakout): $456.30 or 7.1% below the close.
Change YTD: 23.00%
Volume: 503,000 shares. 3 month avg: 637,325 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: Pipe bottom reversal pattern from 05/15/2023 to 05/22/2023
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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Dilliards Inc (DDS)
Industry: Retail Store
Industry RS rank: 35 out of 60
Stock RS rank: 424 out of 626
6/8/23 close: $338.24
1 Month avg volatility: $12.49. Volatility stop (for upward breakout): $302.97 or 10.4% below the close.
Change YTD: 4.65%
Volume: 156,200 shares. 3 month avg: 658,302 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: Triple bottom reversal pattern from 05/11/2023 to 06/01/2023
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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DJ 20 Transportation (^DJT)
Industry: None
Industry RS rank: 6 out of 60
6/8/23 close: $14,401.16
1 Month avg volatility: $228.01. Volatility stop (for upward breakout): $13,815.69 or 4.1% below the close.
Change YTD: 7.54%
Volume: 76,581,100 shares. 3 month avg: 88,342,351 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple bottom reversal pattern from 05/16/2023 to 06/01/2023
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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DJ 30 Industrials (^DJI)
Industry: None
Industry RS rank: 6 out of 60
6/8/23 close: $33,833.61
1 Month avg volatility: $311.42. Volatility stop (for upward breakout): $33,007.19 or 2.4% below the close.
Change YTD: 2.07%
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 Friday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/25/2023 to 06/01/2023
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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Emerson Electric (EMR)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 17 out of 60
Stock RS rank: 505 out of 626
6/8/23 close: $84.07
1 Month avg volatility: $1.51. Volatility stop (for upward breakout): $80.57 or 4.2% below the close.
Change YTD: -12.48%
Volume: 3,007,700 shares. 3 month avg: 3,118,612 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 05/22/2023 to 05/30/2023
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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Encore Wire Corp (WIRE)
Industry: Metals and Mining (Div.)
Industry RS rank: 15 out of 60
Stock RS rank: 79 out of 626
6/8/23 close: $180.92
1 Month avg volatility: $5.33. Volatility stop (for upward breakout): $170.12 or 6.0% below the close.
Change YTD: 31.52%
Volume: 202,100 shares. 3 month avg: 88,880 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: Double Bottom, Eve and Eve reversal pattern from 05/23/2023 to 06/01/2023
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

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EPAM Systems Inc (EPAM)
Industry: IT Services
Industry RS rank: 19 out of 60
Stock RS rank: 618 out of 626
6/8/23 close: $211.22
1 Month avg volatility: $8.12. Volatility stop (for downward breakout): $230.76 or 9.3% above the close.
Change YTD: -35.55%
Volume: 800,100 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: Dead-cat bounce continuation pattern from 06/05/2023 to 06/05/2023
Breakout is downward 67% of the time.
Average decline: 18%.

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Flowserve Corp (FLS)
Industry: Machinery
Industry RS rank: 34 out of 60
Stock RS rank: 115 out of 626
6/8/23 close: $36.52
1 Month avg volatility: $0.90. Volatility stop (for upward breakout): $34.26 or 6.2% below the close.
Change YTD: 19.04%
Volume: 1,170,500 shares. 3 month avg: 1,457,883 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 bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Forward Air Corp (FWRD)
Industry: Trucking/Transp. Leasing
Industry RS rank: 18 out of 60
Stock RS rank: 398 out of 626
6/8/23 close: $103.79
1 Month avg volatility: $2.38. Volatility stop (for upward breakout): $97.35 or 6.2% below the close.
Change YTD: -1.05%
Volume: 146,400 shares. 3 month avg: 140,032 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 Bottom, Eve and Adam reversal pattern from 05/16/2023 to 05/25/2023
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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Freeport-McMoRan Copper and Gold B (FCX)
Industry: Metals and Mining (Div.)
Industry RS rank: 15 out of 60
Stock RS rank: 353 out of 626
6/8/23 close: $37.84
1 Month avg volatility: $0.92. Volatility stop (for upward breakout): $35.58 or 6.0% below the close.
Change YTD: -0.42%
Volume: 8,774,400 shares. 3 month avg: 11,955,349 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 05/22/2023 to 05/30/2023
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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GameStop Corp (GME)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 40 out of 60
Stock RS rank: 391 out of 626
6/8/23 close: $21.44
1 Month avg volatility: $1.07. Volatility stop (for downward breakout): $24.14 or 12.6% above the close.
Change YTD: 16.14%
Volume: 19,125,900 shares. 3 month avg: 3,063,175 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: Dead-cat bounce continuation pattern from 06/08/2023 to 06/08/2023
Breakout is downward 67% of the time.
Average decline: 18%.

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GoPro (GPRO)
Industry: Electronics
Industry RS rank: 12 out of 60
Stock RS rank: 562 out of 626
6/8/23 close: $4.22
1 Month avg volatility: $0.15. Volatility stop (for upward breakout): $3.90 or 7.5% below the close.
Change YTD: -15.26%
Volume: 887,800 shares. 3 month avg: 5,624,629 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: Head-and-shoulders bottom reversal pattern from 05/02/2023 to 05/25/2023
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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Hanesbrand Inc. (HBI)
Industry: Apparel
Industry RS rank: 33 out of 60
Stock RS rank: 599 out of 626
6/8/23 close: $4.63
1 Month avg volatility: $0.19. Volatility stop (for upward breakout): $4.14 or 10.6% below the close.
Change YTD: -27.20%
Volume: 5,074,400 shares. 3 month avg: 6,164,918 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, Adam and Eve reversal pattern from 05/16/2023 to 06/01/2023
WARNING: A dead-cat bounce occurred on 02/02/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/03/2023.
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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HealthEquity, Inc (HQY)
Industry: Healthcare Information
Industry RS rank: 27 out of 60
Stock RS rank: 402 out of 626
6/8/23 close: $63.38
1 Month avg volatility: $1.89. Volatility stop (for upward breakout): $58.78 or 7.3% below the close.
Change YTD: 2.82%
Volume: 883,200 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: Ugly double bottom reversal pattern from 05/04/2023 to 05/31/2023
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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Heidrick Struggles Intl Inc (HSII)
Industry: Human Resources
Industry RS rank: 38 out of 60
Stock RS rank: 437 out of 626
6/8/23 close: $26.67
1 Month avg volatility: $0.73. Volatility stop (for upward breakout): $24.68 or 7.5% below the close.
Change YTD: -4.65%
Volume: 88,600 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 Friday.
 
Chart pattern: Triple bottom reversal pattern from 04/26/2023 to 05/31/2023
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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Home Depot, Inc (HD)
Industry: Retail Building Supply
Industry RS rank: 11 out of 60
Stock RS rank: 431 out of 626
6/8/23 close: $301.09
1 Month avg volatility: $6.35. Volatility stop (for upward breakout): $288.10 or 4.3% below the close.
Change YTD: -4.68%
Volume: 3,738,200 shares. 3 month avg: 4,416,295 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 05/16/2023 to 06/01/2023
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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Insperity (NSP)
Industry: Human Resources
Industry RS rank: 38 out of 60
Stock RS rank: 207 out of 626
6/8/23 close: $125.65
1 Month avg volatility: $2.37. Volatility stop (for upward breakout): $118.53 or 5.7% below the close.
Change YTD: 10.61%
Volume: 206,800 shares. 3 month avg: 131,942 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/16/2023 to 05/31/2023
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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Installed Building Products Inc (IBP)
Industry: Retail Building Supply
Industry RS rank: 11 out of 60
Stock RS rank: 41 out of 626
6/8/23 close: $118.83
1 Month avg volatility: $3.54. Volatility stop (for upward breakout): $111.19 or 6.4% below the close.
Change YTD: 38.82%
Volume: 198,200 shares. 3 month avg: 201,345 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Interface, Inc. (TILE)
Industry: Furn/Home Furnishings
Industry RS rank: 50 out of 60
Stock RS rank: 591 out of 626
6/8/23 close: $7.99
1 Month avg volatility: $0.32. Volatility stop (for upward breakout): $7.24 or 9.4% below the close.
Change YTD: -19.05%
Volume: 247,700 shares. 3 month avg: 457,515 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 bottom reversal pattern from 05/08/2023 to 05/15/2023
WARNING: A dead-cat bounce occurred on 02/22/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/23/2023.
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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Kforce Inc (KFRC)
Industry: Human Resources
Industry RS rank: 38 out of 60
Stock RS rank: 144 out of 626
6/8/23 close: $62.30
1 Month avg volatility: $1.70. Volatility stop (for upward breakout): $58.56 or 6.0% below the close.
Change YTD: 13.62%
Volume: 80,300 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: Ugly double bottom reversal pattern from 05/09/2023 to 06/01/2023
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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L3Harris Technologies (LHX)
Industry: Aerospace/Defense
Industry RS rank: 30 out of 60
Stock RS rank: 523 out of 626
6/8/23 close: $189.25
1 Month avg volatility: $3.07. Volatility stop (for upward breakout): $180.89 or 4.4% below the close.
Change YTD: -9.11%
Volume: 1,091,800 shares. 3 month avg: 1,243,274 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 05/22/2023 to 05/30/2023
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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Macys, Inc (M)
Industry: Retail Store
Industry RS rank: 35 out of 60
Stock RS rank: 605 out of 626
6/8/23 close: $16.02
1 Month avg volatility: $0.69. Volatility stop (for upward breakout): $14.20 or 11.3% below the close.
Change YTD: -22.42%
Volume: 12,511,200 shares. 3 month avg: 14,056,392 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 05/22/2023 to 05/30/2023
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: 38 out of 60
Stock RS rank: 508 out of 626
6/8/23 close: $76.62
1 Month avg volatility: $1.64. Volatility stop (for upward breakout): $72.60 or 5.3% below the close.
Change YTD: -7.92%
Volume: 198,800 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: Double Bottom, Eve and Adam reversal pattern from 05/09/2023 to 05/31/2023
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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Materion Corp (MTRN)
Industry: Metals and Mining (Div.)
Industry RS rank: 15 out of 60
Stock RS rank: 56 out of 626
6/8/23 close: $110.56
1 Month avg volatility: $2.94. Volatility stop (for upward breakout): $103.47 or 6.4% below the close.
Change YTD: 26.34%
Volume: 57,500 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 05/11/2023 to 05/31/2023
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

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MDC Holdings Inc. (MDC)
Industry: Homebuilding
Industry RS rank: 1 out of 60
Stock RS rank: 42 out of 626
6/8/23 close: $44.14
1 Month avg volatility: $1.06. Volatility stop (for downward breakout): $46.74 or 5.9% above the close.
Change YTD: 39.68%
Volume: 450,500 shares. 3 month avg: 498,709 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: Broadening top reversal pattern from 05/03/2023 to 06/07/2023
Breakout 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.

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Murphy Oil Corporation (MUR)
Industry: Petroleum (Integrated)
Industry RS rank: 48 out of 60
Stock RS rank: 482 out of 626
6/8/23 close: $38.61
1 Month avg volatility: $1.26. Volatility stop (for upward breakout): $35.50 or 8.1% below the close.
Change YTD: -10.23%
Volume: 1,422,000 shares. 3 month avg: 2,218,335 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 05/12/2023 to 05/31/2023
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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Nabors Industries, Ltd. (NBR)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 60 out of 60
Stock RS rank: 590 out of 626
6/8/23 close: $105.28
1 Month avg volatility: $4.86. Volatility stop (for upward breakout): $91.02 or 13.6% below the close.
Change YTD: -32.02%
Volume: 300,900 shares. 3 month avg: 10,861,705 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: Horn bottom reversal pattern from 05/15/2023 to 05/30/2023
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

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National Fuel Gas (NFG)
Industry: Natural Gas (Diversified)
Industry RS rank: 58 out of 60
Stock RS rank: 542 out of 626
6/8/23 close: $52.97
1 Month avg volatility: $1.02. Volatility stop (for upward breakout): $50.18 or 5.3% below the close.
Change YTD: -16.32%
Volume: 469,400 shares. 3 month avg: 355,354 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 Eve reversal pattern from 05/16/2023 to 05/26/2023
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 10 out of 60
Stock RS rank: 481 out of 626
6/8/23 close: $15.20
1 Month avg volatility: $0.39. Volatility stop (for upward breakout): $14.09 or 7.3% below the close.
Change YTD: -8.32%
Volume: 1,677,200 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: Triple bottom reversal pattern from 05/16/2023 to 06/01/2023
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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Pinnacle West Capital Corp (PNW)
Industry: Electric Utility (West)
Industry RS rank: 37 out of 60
Stock RS rank: 252 out of 626
6/8/23 close: $81.23
1 Month avg volatility: $1.35. Volatility stop (for upward breakout): $77.23 or 4.9% below the close.
Change YTD: 6.83%
Volume: 694,300 shares. 3 month avg: 750,734 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/25/2023 to 06/02/2023
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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Pulte Homes Inc. (PHM)
Industry: Homebuilding
Industry RS rank: 1 out of 60
Stock RS rank: 15 out of 626
6/8/23 close: $71.21
1 Month avg volatility: $1.36. Volatility stop (for upward breakout): $68.43 or 3.9% below the close.
Change YTD: 56.40%
Volume: 2,236,300 shares. 3 month avg: 4,812,565 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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: 30 out of 60
Stock RS rank: 326 out of 626
6/8/23 close: $99.08
1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $95.33 or 3.8% below the close.
Change YTD: -1.82%
Volume: 3,266,700 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: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Rocky Brands Inc (RCKY)
Industry: Shoe
Industry RS rank: 9 out of 60
Stock RS rank: 522 out of 626
6/8/23 close: $20.84
1 Month avg volatility: $1.07. Volatility stop (for upward breakout): $18.30 or 12.2% below the close.
Change YTD: -11.77%
Volume: 14,700 shares. 3 month avg: 41,775 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 Friday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/12/2023 to 05/25/2023
WARNING: A dead-cat bounce occurred on 05/03/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 08/02/2023 and a 38% chance by 11/01/2023.
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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Rogers Corp (ROG)
Industry: Electronics
Industry RS rank: 12 out of 60
Stock RS rank: 66 out of 626
6/8/23 close: $157.12
1 Month avg volatility: $4.18. Volatility stop (for upward breakout): $145.27 or 7.5% below the close.
Change YTD: 31.66%
Volume: 120,500 shares. 3 month avg: 160,817 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: Multiple tops from 03/01/2023 to 06/08/2023

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S and P 500 (^GSPC)
Industry: None
Industry RS rank: 6 out of 60
6/8/23 close: $4,293.93
1 Month avg volatility: $37.69. Volatility stop (for upward breakout): $4,185.69 or 2.5% below the close.
Change YTD: 11.84%
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 Friday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 04/26/2023 to 05/04/2023
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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Schlumberger Limited (SLB)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 60 out of 60
Stock RS rank: 414 out of 626
6/8/23 close: $47.45
1 Month avg volatility: $1.36. Volatility stop (for upward breakout): $44.24 or 6.8% below the close.
Change YTD: -11.24%
Volume: 8,210,900 shares. 3 month avg: 8,320,412 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, Adam and Adam reversal pattern from 05/16/2023 to 05/31/2023
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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Scotts Miracle-Gro Co. (SMG)
Industry: Chemical (Basic)
Industry RS rank: 47 out of 60
Stock RS rank: 81 out of 626
6/8/23 close: $64.40
1 Month avg volatility: $2.56. Volatility stop (for downward breakout): $70.36 or 9.3% above the close.
Change YTD: 32.54%
Volume: 654,900 shares. 3 month avg: 327,891 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, descending reversal pattern from 05/04/2023 to 06/08/2023
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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Skechers USA Inc (SKX)
Industry: Shoe
Industry RS rank: 9 out of 60
Stock RS rank: 92 out of 626
6/8/23 close: $53.61
1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $50.95 or 5.0% below the close.
Change YTD: 27.79%
Volume: 1,681,600 shares. 3 month avg: 3,234,920 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 Bottom, Adam and Adam reversal pattern from 05/24/2023 to 06/01/2023
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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Smartsheet Inc (SMAR)
Industry: E-Commerce
Industry RS rank: 4 out of 60
Stock RS rank: 172 out of 626
6/8/23 close: $40.44
1 Month avg volatility: $2.05. Volatility stop (for downward breakout): $45.60 or 12.8% above the close.
Change YTD: 2.74%
Volume: 11,532,400 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: Dead-cat bounce continuation pattern from 06/08/2023 to 06/08/2023
Breakout is downward 67% of the time.
Average decline: 18%.

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Targa Resources Corp (TRGP)
Industry: Natural Gas (Diversified)
Industry RS rank: 58 out of 60
Stock RS rank: 245 out of 626
6/8/23 close: $72.27
1 Month avg volatility: $1.65. Volatility stop (for upward breakout): $67.61 or 6.5% below the close.
Change YTD: -1.67%
Volume: 1,784,700 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: Broadening bottom reversal pattern from 05/15/2023 to 06/08/2023
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Techne Corporation (TECH)
Industry: Biotechnology
Industry RS rank: 42 out of 60
Stock RS rank: 351 out of 626
6/8/23 close: $79.29
1 Month avg volatility: $1.95. Volatility stop (for downward breakout): $85.87 or 8.3% above the close.
Change YTD: -4.33%
Volume: 754,600 shares. 3 month avg: 150,611 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: Head-and-shoulders top reversal pattern from 04/17/2023 to 05/22/2023
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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TransDigm Group Inc (TDG)
Industry: Aerospace/Defense
Industry RS rank: 30 out of 60
Stock RS rank: 60 out of 626
6/8/23 close: $807.00
1 Month avg volatility: $16.01. Volatility stop (for upward breakout): $767.98 or 4.8% below the close.
Change YTD: 28.17%
Volume: 138,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/24/2023 to 05/31/2023
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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Trex Company (TREX)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 23 out of 60
Stock RS rank: 51 out of 626
6/8/23 close: $58.90
1 Month avg volatility: $1.97. Volatility stop (for upward breakout): $53.61 or 9.0% below the close.
Change YTD: 39.14%
Volume: 1,032,500 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: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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UGI Corp. (UGI)
Industry: Natural Gas (Distributor)
Industry RS rank: 53 out of 60
Stock RS rank: 587 out of 626
6/8/23 close: $29.56
1 Month avg volatility: $0.74. Volatility stop (for upward breakout): $27.84 or 5.8% below the close.
Change YTD: -20.26%
Volume: 2,157,200 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 bottom reversal pattern from 05/16/2023 to 06/05/2023
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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Watsco, Inc (WSO)
Industry: Retail Building Supply
Industry RS rank: 11 out of 60
Stock RS rank: 43 out of 626
6/8/23 close: $349.17
1 Month avg volatility: $7.86. Volatility stop (for upward breakout): $329.12 or 5.7% below the close.
Change YTD: 40.00%
Volume: 270,700 shares. 3 month avg: 222,320 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 05/22/2023 to 05/30/2023
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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Williams Companies Inc. (WMB)
Industry: Natural Gas (Distributor)
Industry RS rank: 53 out of 60
Stock RS rank: 435 out of 626
6/8/23 close: $31.70
1 Month avg volatility: $0.57. Volatility stop (for upward breakout): $29.88 or 5.7% below the close.
Change YTD: -3.65%
Volume: 9,924,600 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: Double Bottom, Eve and Eve reversal pattern from 05/16/2023 to 05/31/2023
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

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