As of 04/26/2024   Indus: 38,240 +153.86 +0.4%     Trans: 15,171 -126.01 -0.8%     Utils: 884 -10.33 -1.2%     Nasdaq: 15,928 +316.14 +2.0%     S&P 500: 5,100 +51.54 +1.0%	YTD  +1.5%   -4.6%    +0.3%    +6.1%    +6.9%	Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/1/24

As of 04/26/2024   Indus: 38,240 +153.86 +0.4%     Trans: 15,171 -126.01 -0.8%     Utils: 884 -10.33 -1.2%     Nasdaq: 15,928 +316.14 +2.0%     S&P 500: 5,100 +51.54 +1.0%	YTD  +1.5%   -4.6%    +0.3%    +6.1%    +6.9%
Targets    Overview: 04/12/2024     39,800 or 37,150 by 05/01/2024   16,200 or 15,000 by 05/01/2024   885 or 850 by 05/01/2024   16,700 or 15,800 by 05/01/2024   5,250 or 5,025 by 05/01/2024
Chart Pattern Indicator: on 4/1/24

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.

Industry: Medical Supplies

Industry RS rank: 33 out of 60

Stock RS rank: 424 out of 626

6/15/23 close: $105.02

1 Month avg volatility: $1.52. Volatility stop (for upward breakout): $100.07 or 4.7% below the close.

Change YTD: -4.34%

Volume: 6,358,600 shares. 3 month avg: 6,008,617 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 05/31/2023 to 06/09/2023

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.

Industry: Packaging and Container

Industry RS rank: 40 out of 60

Stock RS rank: 283 out of 626

6/15/23 close: $63.36

1 Month avg volatility: $1.16. Volatility stop (for upward breakout): $60.06 or 5.2% below the close.

Change YTD: 4.85%

Volume: 1,445,200 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: Ugly double bottom reversal pattern from 05/03/2023 to 05/12/2023

Breakout is upward 100% of the time.

Average rise: 34%.

Break-even failure rate: 8%.

Throwbacks occur 59% of the time.

Price hits measure rule target 76% of the time.

Industry: Biotechnology

Industry RS rank: 37 out of 60

Stock RS rank: 512 out of 626

6/15/23 close: $95.84

1 Month avg volatility: $1.97. Volatility stop (for upward breakout): $90.03 or 6.1% below the close.

Change YTD: -7.39%

Volume: 960,900 shares. 3 month avg: 1,330,032 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.

Industry: Information Services

Industry RS rank: 25 out of 60

Stock RS rank: 169 out of 626

6/15/23 close: $159.70

1 Month avg volatility: $2.66. Volatility stop (for upward breakout): $150.94 or 5.5% below the close.

Change YTD: 19.06%

Volume: 428,900 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.

Industry: Metals and Mining (Div.)

Industry RS rank: 18 out of 60

Stock RS rank: 121 out of 626

6/15/23 close: $9.82

1 Month avg volatility: $0.41. Volatility stop (for upward breakout): $8.73 or 11.1% below the close.

Change YTD: 20.05%

Volume: 1,637,600 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: Ugly double bottom reversal pattern from 05/11/2023 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.

Industry: Telecom. Equipment

Industry RS rank: 53 out of 60

Stock RS rank: 612 out of 626

6/15/23 close: $8.86

1 Month avg volatility: $0.61. Volatility stop (for downward breakout): $10.64 or 20.1% above the close.

Change YTD: -27.02%

Volume: 1,034,800 shares. 3 month avg: 255,535 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: Horn top reversal pattern from 05/15/2023 to 05/30/2023

Breakout is downward 100% of the time.

Average decline: 21%.

Break-even failure rate: 7%.

Pullbacks occur 33% of the time.

Price hits measure rule target 70% of the time.

Industry: Telecom. Equipment

Industry RS rank: 53 out of 60

Stock RS rank: 322 out of 626

6/15/23 close: $33.84

1 Month avg volatility: $0.60. Volatility stop (for upward breakout): $32.31 or 4.5% below the close.

Change YTD: 5.95%

Volume: 5,270,600 shares. 3 month avg: 5,449,098 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Double Bottom, Eve 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: 4%.

Throwbacks occur 57% of the time.

Price hits measure rule target 66% of the time.

Industry: Natural Gas (Diversified)

Industry RS rank: 59 out of 60

Stock RS rank: 565 out of 626

6/15/23 close: $49.60

1 Month avg volatility: $1.33. Volatility stop (for upward breakout): $46.29 or 6.7% below the close.

Change YTD: -19.36%

Volume: 8,657,100 shares. 3 month avg: 4,704,349 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: Double Bottom, Adam and Eve reversal pattern from 05/16/2023 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.

Industry: Chemical (Specialty)

Industry RS rank: 13 out of 60

Stock RS rank: 115 out of 626

6/15/23 close: $182.22

1 Month avg volatility: $2.95. Volatility stop (for upward breakout): $173.13 or 5.0% below the close.

Change YTD: 25.19%

Volume: 804,400 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.

Industry: E-Commerce

Industry RS rank: 4 out of 60

Stock RS rank: 19 out of 626

6/15/23 close: $19.56

1 Month avg volatility: $0.96. Volatility stop (for upward breakout): $17.12 or 12.5% below the close.

Change YTD: 76.53%

Volume: 1,677,400 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: Flag, high and tight continuation pattern from 04/26/2023 to 06/12/2023

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Air Transport

Industry RS rank: 10 out of 60

Stock RS rank: 245 out of 626

6/15/23 close: $119.27

1 Month avg volatility: $2.30. Volatility stop (for upward breakout): $112.54 or 5.6% below the close.

Change YTD: 14.77%

Volume: 1,249,700 shares. 3 month avg: 1,055,643 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: Three Rising Valleys reversal pattern from 03/24/2023 to 06/01/2023

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.

Industry: Computer Software and Svcs

Industry RS rank: 6 out of 60

Stock RS rank: 594 out of 626

6/15/23 close: $54.05

1 Month avg volatility: $1.27. Volatility stop (for upward breakout): $51.26 or 5.2% below the close.

Change YTD: -20.34%

Volume: 7,759,400 shares. 3 month avg: 1,473,917 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

 

Chart pattern: Triangle, symmetrical continuation pattern from 04/27/2023 to 06/15/2023

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.

Industry: Apparel

Industry RS rank: 29 out of 60

Stock RS rank: 608 out of 626

6/15/23 close: $9.71

1 Month avg volatility: $0.41. Volatility stop (for upward breakout): $8.64 or 11.0% below the close.

Change YTD: -13.92%

Volume: 6,759,500 shares. 3 month avg: 5,662,882 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 05/16/2023 to 05/25/2023

Breakout is upward 100% of the time.

Average rise: 35%.

Break-even failure rate: 5%.

Throwbacks occur 64% of the time.

Price hits measure rule target 66% of the time.

Industry: Insurance (Life)

Industry RS rank: 51 out of 60

Stock RS rank: 274 out of 626

6/15/23 close: $5.30

1 Month avg volatility: $0.19. Volatility stop (for downward breakout): $5.67 or 7.0% above the close.

Change YTD: 0.19%

Volume: 3,188,300 shares. 3 month avg: 4,022,160 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, Eve and Eve reversal pattern from 05/19/2023 to 06/08/2023

Breakout 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: Cement and Aggregates

Industry RS rank: 9 out of 60

Stock RS rank: 95 out of 626

6/15/23 close: $67.13

1 Month avg volatility: $1.67. Volatility stop (for downward breakout): $71.37 or 6.3% above the close.

Change YTD: 34.80%

Volume: 917,600 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: Diamond top reversal pattern from 05/19/2023 to 06/05/2023

Breakout is downward 69% of the time.

Average decline: 21%.

Break-even failure rate: 6%.

Pullbacks occur 57% of the time.

Price hits measure rule target 76% of the time.

Industry: Trucking/Transp. Leasing

Industry RS rank: 21 out of 60

Stock RS rank: 422 out of 626

6/15/23 close: $176.93

1 Month avg volatility: $4.32. Volatility stop (for upward breakout): $162.54 or 8.1% below the close.

Change YTD: 1.47%

Volume: 523,700 shares. 3 month avg: 898,451 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: Triangle, symmetrical continuation pattern from 03/06/2023 to 06/15/2023

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.

Industry: Metals and Mining (Div.)

Industry RS rank: 18 out of 60

Stock RS rank: 541 out of 626

6/15/23 close: $71.07

1 Month avg volatility: $2.46. Volatility stop (for upward breakout): $63.56 or 10.6% below the close.

Change YTD: -6.44%

Volume: 81,700 shares. 3 month avg: 141,669 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: Triple bottom reversal pattern from 05/04/2023 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.

Industry: Advertising

Industry RS rank: 14 out of 60

Stock RS rank: 410 out of 626

6/15/23 close: $95.71

1 Month avg volatility: $2.00. Volatility stop (for upward breakout): $89.12 or 6.9% below the close.

Change YTD: 1.39%

Volume: 567,100 shares. 3 month avg: 612,354 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.

Industry: IT Services

Industry RS rank: 16 out of 60

Stock RS rank: 568 out of 626

6/15/23 close: $85.24

1 Month avg volatility: $1.57. Volatility stop (for upward breakout): $79.74 or 6.5% below the close.

Change YTD: -18.97%

Volume: 1,240,400 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 bottom reversal pattern from 05/04/2023 to 06/01/2023

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.

Industry: Homebuilding

Industry RS rank: 1 out of 60

Stock RS rank: 60 out of 626

6/15/23 close: $119.81

1 Month avg volatility: $2.49. Volatility stop (for upward breakout): $112.05 or 6.5% below the close.

Change YTD: 32.39%

Volume: 5,684,100 shares. 3 month avg: 3,465,638 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.

Industry: Advertising

Industry RS rank: 14 out of 60

Stock RS rank: 129 out of 626

6/15/23 close: $2.11

1 Month avg volatility: $0.08. Volatility stop (for upward breakout): $1.86 or 12.0% below the close.

Change YTD: 31.87%

Volume: 10,500 shares. 3 month avg: 97,160 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 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.

Industry: Medical Supplies

Industry RS rank: 33 out of 60

Stock RS rank: 177 out of 626

6/15/23 close: $88.25

1 Month avg volatility: $1.36. Volatility stop (for upward breakout): $84.59 or 4.2% below the close.

Change YTD: 13.55%

Volume: 5,524,600 shares. 3 month avg: 5,761,640 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, Eve and Eve reversal pattern from 05/26/2023 to 06/07/2023

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.

Industry: Information Services

Industry RS rank: 25 out of 60

Stock RS rank: 138 out of 626

6/15/23 close: $348.31

1 Month avg volatility: $5.62. Volatility stop (for upward breakout): $329.23 or 5.5% below the close.

Change YTD: 25.01%

Volume: 572,900 shares. 3 month avg: 714,397 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: Rounding bottom continuation pattern from 02/02/2023 to 06/08/2023

Breakout is upward 100% of the time.

Average rise: 43%.

Break-even failure rate: 5%.

Throwbacks occur 40% of the time.

Price hits measure rule target 57% of the time.

Industry: Advertising

Industry RS rank: 14 out of 60

Stock RS rank: 131 out of 626

6/15/23 close: $95.60

1 Month avg volatility: $1.73. Volatility stop (for upward breakout): $90.60 or 5.2% below the close.

Change YTD: 17.20%

Volume: 990,000 shares. 3 month avg: 2,548,395 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

 

Chart pattern: Multi-peaks from 01/25/2023 to 06/15/2023

Industry: Medical Supplies

Industry RS rank: 33 out of 60

Stock RS rank: 385 out of 626

6/15/23 close: $27.92

1 Month avg volatility: $0.52. Volatility stop (for upward breakout): $26.20 or 6.2% below the close.

Change YTD: -0.39%

Volume: 429,300 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: 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.

Industry: E-Commerce

Industry RS rank: 4 out of 60

Stock RS rank: 481 out of 626

6/15/23 close: $189.77

1 Month avg volatility: $5.14. Volatility stop (for upward breakout): $175.39 or 7.6% below the close.

Change YTD: -2.31%

Volume: 487,100 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 05/05/2023 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.

Industry: Financial Services

Industry RS rank: 24 out of 60

Stock RS rank: 477 out of 626

6/15/23 close: $65.85

1 Month avg volatility: $1.62. Volatility stop (for upward breakout): $59.38 or 9.8% below the close.

Change YTD: -7.54%

Volume: 21,403,200 shares. 3 month avg: 21,592,165 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: Ugly double bottom reversal pattern from 05/26/2023 to 06/09/2023

Breakout is upward 100% of the time.

Average rise: 34%.

Break-even failure rate: 8%.

Throwbacks occur 59% of the time.

Price hits measure rule target 76% of the time.

Industry: Insurance (Life)

Industry RS rank: 51 out of 60

Stock RS rank: 539 out of 626

6/15/23 close: $86.76

1 Month avg volatility: $1.87. Volatility stop (for upward breakout): $81.32 or 6.3% below the close.

Change YTD: -12.77%

Volume: 3,613,800 shares. 3 month avg: 1,688,191 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 05/04/2023 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.

Industry: Electronics

Industry RS rank: 12 out of 60

Stock RS rank: 78 out of 626

6/15/23 close: $157.79

1 Month avg volatility: $4.47. Volatility stop (for upward breakout): $147.56 or 6.5% below the close.

Change YTD: 32.22%

Volume: 77,700 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: Rectangle top continuation pattern from 03/01/2023 to 06/15/2023

Breakout is upward 68% of the time.

Average rise: 39%.

Break-even failure rate: 9%.

Throwbacks occur 64% of the time.

Price hits measure rule target 80% of the time.

Industry: Oilfield Svcs/Equipment

Industry RS rank: 60 out of 60

Stock RS rank: 458 out of 626

6/15/23 close: $7.81

1 Month avg volatility: $0.30. Volatility stop (for upward breakout): $6.87 or 12.0% below the close.

Change YTD: -12.15%

Volume: 1,843,400 shares. 3 month avg: 1,275,503 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: Broadening bottom reversal pattern from 05/08/2023 to 06/13/2023

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.

Industry: Trucking/Transp. Leasing

Industry RS rank: 21 out of 60

Stock RS rank: 52 out of 626

6/15/23 close: $319.80

1 Month avg volatility: $10.06. Volatility stop (for upward breakout): $288.51 or 9.8% below the close.

Change YTD: 52.52%

Volume: 439,100 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: Ugly double bottom reversal pattern from 04/26/2023 to 05/24/2023

Breakout is upward 100% of the time.

Average rise: 34%.

Break-even failure rate: 8%.

Throwbacks occur 59% of the time.

Price hits measure rule target 76% of the time.

Industry: Chemical (Basic)

Industry RS rank: 46 out of 60

Stock RS rank: 323 out of 626

6/15/23 close: $249.47

1 Month avg volatility: $4.87. Volatility stop (for upward breakout): $235.06 or 5.8% below the close.

Change YTD: 5.12%

Volume: 1,045,000 shares. 3 month avg: 564,294 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 05/16/2023 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.

Industry: Metals and Mining (Div.)

Industry RS rank: 18 out of 60

Stock RS rank: 116 out of 626

6/15/23 close: $74.16

1 Month avg volatility: $1.62. Volatility stop (for upward breakout): $70.27 or 5.3% below the close.

Change YTD: 22.80%

Volume: 1,547,400 shares. 3 month avg: 1,021,280 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.

Industry: Air Transport

Industry RS rank: 10 out of 60

Stock RS rank: 499 out of 626

6/15/23 close: $33.97

1 Month avg volatility: $0.72. Volatility stop (for upward breakout): $32.03 or 5.7% below the close.

Change YTD: 0.89%

Volume: 11,133,300 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 bottom reversal pattern from 04/27/2023 to 05/24/2023

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.

Industry: Natural Gas (Distributor)

Industry RS rank: 57 out of 60

Stock RS rank: 493 out of 626

6/15/23 close: $63.98

1 Month avg volatility: $1.27. Volatility stop (for upward breakout): $60.77 or 5.0% below the close.

Change YTD: 3.39%

Volume: 431,000 shares. 3 month avg: 213,628 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: Rounding bottom continuation pattern from 03/30/2023 to 06/15/2023

Breakout is upward 100% of the time.

Average rise: 43%.

Break-even failure rate: 5%.

Throwbacks occur 40% of the time.

Price hits measure rule target 57% of the time.

Industry: Medical Supplies

Industry RS rank: 33 out of 60

Stock RS rank: 613 out of 626

6/15/23 close: $25.43

1 Month avg volatility: $0.96. Volatility stop (for upward breakout): $23.30 or 8.4% below the close.

Change YTD: -25.47%

Volume: 76,000 shares. 3 month avg: 37,286 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: Double Bottom, Adam and Adam reversal pattern from 03/20/2023 to 05/25/2023

WARNING: A dead-cat bounce occurred on 01/19/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 07/20/2023.

Breakout is upward 100% of the time.

Average rise: 35%.

Break-even failure rate: 5%.

Throwbacks occur 64% of the time.

Price hits measure rule target 66% of the time.

Industry: Retail Store

Industry RS rank: 27 out of 60

Stock RS rank: 484 out of 626

6/15/23 close: $137.84

1 Month avg volatility: $4.13. Volatility stop (for upward breakout): $126.34 or 8.3% below the close.

Change YTD: -7.51%

Volume: 10,008,300 shares. 3 month avg: 6,916,209 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 06/01/2023 to 06/12/2023

Breakout is upward 100% of the time.

Average rise: 35%.

Break-even failure rate: 5%.

Throwbacks occur 64% of the time.

Price hits measure rule target 66% of the time.

Industry: Metal Fabricating

Industry RS rank: 31 out of 60

Stock RS rank: 120 out of 626

6/15/23 close: $86.08

1 Month avg volatility: $2.33. Volatility stop (for upward breakout): $79.04 or 8.2% below the close.

Change YTD: 21.81%

Volume: 457,200 shares. 3 month avg: 853,643 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: Falling wedge from 05/03/2023 to 06/01/2023

Breakout is upward 68% of the time.

Average rise: 32%.

Break-even failure rate: 11%.

Throwbacks occur 56% of the time.

Price hits measure rule target 70% of the time.

Industry: Air Transport

Industry RS rank: 10 out of 60

Stock RS rank: 383 out of 626

6/15/23 close: $179.00

1 Month avg volatility: $2.84. Volatility stop (for upward breakout): $169.74 or 5.2% below the close.

Change YTD: 2.97%

Volume: 4,161,400 shares. 3 month avg: 2,659,363 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

 

Chart pattern: Triple bottom reversal pattern from 05/16/2023 to 06/06/2023

Breakout is upward 100% of the time.

Average rise: 37%.

Break-even failure rate: 4%.

Throwbacks occur 64% of the time.

Price hits measure rule target 64% of the time.

Industry: Petroleum (Integrated)

Industry RS rank: 52 out of 60

Stock RS rank: 408 out of 626

6/15/23 close: $114.03

1 Month avg volatility: $3.20. Volatility stop (for upward breakout): $105.20 or 7.7% below the close.

Change YTD: -10.11%

Volume: 3,858,700 shares. 3 month avg: 3,857,258 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 05/04/2023 to 06/06/2023

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.

Industry: Biotechnology

Industry RS rank: 37 out of 60

Stock RS rank: 180 out of 626

6/15/23 close: $349.08

1 Month avg volatility: $7.33. Volatility stop (for upward breakout): $326.54 or 6.5% below the close.

Change YTD: 20.88%

Volume: 1,196,300 shares. 3 month avg: 1,548,174 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

 

Chart pattern: Double Bottom, Eve and Adam reversal pattern from 06/01/2023 to 06/08/2023

Breakout is upward 100% of the time.

Average rise: 35%.

Break-even failure rate: 4%.

Throwbacks occur 57% of the time.

Price hits measure rule target 66% of the time.

Industry: Precision Instrument

Industry RS rank: 48 out of 60

Stock RS rank: 579 out of 626

6/15/23 close: $268.09

1 Month avg volatility: $5.99. Volatility stop (for upward breakout): $249.80 or 6.8% below the close.

Change YTD: -21.74%

Volume: 512,500 shares. 3 month avg: 398,726 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 Eve reversal pattern from 05/31/2023 to 06/09/2023

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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