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     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/24/24

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     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/24/24

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: IT Services

Industry RS rank: 14 out of 60

Stock RS rank: 494 out of 628

7/13/23 close: $24.23

1 Month avg volatility: $0.57. Volatility stop (for upward breakout): $22.69 or 6.3% below the close.

Change YTD: 5.35%

Volume: 374,900 shares. 3 month avg: 679,420 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 06/20/2023 to 06/26/2023

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.

Industry: Furn/Home Furnishings

Industry RS rank: 43 out of 60

Stock RS rank: 403 out of 628

7/13/23 close: $168.38

1 Month avg volatility: $4.28. Volatility stop (for upward breakout): $157.15 or 6.7% below the close.

Change YTD: 1.67%

Volume: 243,700 shares. 3 month avg: 670,414 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: Triple bottom reversal pattern from 06/23/2023 to 07/06/2023

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: Telecom. Equipment

Industry RS rank: 53 out of 60

Stock RS rank: 622 out of 628

7/13/23 close: $10.93

1 Month avg volatility: $0.34. Volatility stop (for upward breakout): $9.88 or 9.6% below the close.

Change YTD: -41.83%

Volume: 690,500 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: Triangle, symmetrical continuation pattern from 06/16/2023 to 07/10/2023

WARNING: A dead-cat bounce occurred on 04/11/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 10/10/2023.

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: Computer Software and Svcs

Industry RS rank: 4 out of 60

Stock RS rank: 275 out of 628

7/13/23 close: $54.58

1 Month avg volatility: $1.23. Volatility stop (for upward breakout): $51.78 or 5.1% below the close.

Change YTD: 10.31%

Volume: 149,200 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 06/20/2023 to 06/26/2023

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.

Industry: Chemical (Diversified)

Industry RS rank: 36 out of 60

Stock RS rank: 307 out of 628

7/13/23 close: $241.67

1 Month avg volatility: $6.91. Volatility stop (for upward breakout): $226.31 or 6.4% below the close.

Change YTD: 11.44%

Volume: 975,400 shares. 3 month avg: 1,363,352 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 05/02/2023 to 06/29/2023

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: Electric Utility (Central)

Industry RS rank: 47 out of 60

Stock RS rank: 505 out of 628

7/13/23 close: $87.28

1 Month avg volatility: $1.45. Volatility stop (for upward breakout): $83.90 or 3.9% below the close.

Change YTD: -8.08%

Volume: 3,128,100 shares. 3 month avg: 2,150,485 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: Double Bottom, Eve and Adam reversal pattern from 06/02/2023 to 06/29/2023

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: Biotechnology

Industry RS rank: 41 out of 60

Stock RS rank: 556 out of 628

7/13/23 close: $227.66

1 Month avg volatility: $4.12. Volatility stop (for upward breakout): $216.76 or 4.8% below the close.

Change YTD: -13.32%

Volume: 1,786,900 shares. 3 month avg: 2,770,322 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 Bottom, Adam and Adam reversal pattern from 06/28/2023 to 07/07/2023

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: Petroleum (Producing)

Industry RS rank: 48 out of 60

Stock RS rank: 516 out of 628

7/13/23 close: $38.60

1 Month avg volatility: $1.07. Volatility stop (for upward breakout): $35.36 or 8.4% below the close.

Change YTD: -17.31%

Volume: 5,964,100 shares. 3 month avg: 7,966,826 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: Head-and-shoulders bottom reversal pattern from 05/04/2023 to 06/28/2023

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: Medical Supplies

Industry RS rank: 29 out of 60

Stock RS rank: 535 out of 628

7/13/23 close: $397.78

1 Month avg volatility: $9.12. Volatility stop (for upward breakout): $377.66 or 5.1% below the close.

Change YTD: -5.40%

Volume: 162,000 shares. 3 month avg: 180,103 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 05/11/2023 to 06/20/2023

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: Chemical (Diversified)

Industry RS rank: 36 out of 60

Stock RS rank: 386 out of 628

7/13/23 close: $69.70

1 Month avg volatility: $1.65. Volatility stop (for upward breakout): $65.67 or 5.8% below the close.

Change YTD: 4.28%

Volume: 221,800 shares. 3 month avg: 325,852 shares.

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

 

Chart pattern: Double Bottom, Eve and Adam reversal pattern from 06/23/2023 to 07/06/2023

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: Electric Utility (Central)

Industry RS rank: 47 out of 60

Stock RS rank: 383 out of 628

7/13/23 close: $30.43

1 Month avg volatility: $0.47. Volatility stop (for downward breakout): $31.43 or 3.3% above the close.

Change YTD: 1.47%

Volume: 2,650,800 shares. 3 month avg: 2,845,400 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: Broadening top reversal pattern from 06/12/2023 to 07/05/2023

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.

Industry: Chemical (Basic)

Industry RS rank: 39 out of 60

Stock RS rank: 518 out of 628

7/13/23 close: $73.95

1 Month avg volatility: $2.10. Volatility stop (for upward breakout): $67.81 or 8.3% below the close.

Change YTD: -13.20%

Volume: 2,752,300 shares. 3 month avg: 3,754,700 shares.

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

 

Chart pattern: Ugly double bottom reversal pattern from 06/01/2023 to 06/27/2023

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: Computers and Peripherals

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 18 out of 60

Stock RS rank: 277 out of 628

7/13/23 close: $51.53

1 Month avg volatility: $0.70. Volatility stop (for upward breakout): $49.25 or 4.4% below the close.

Change YTD: 8.17%

Volume: 17,438,700 shares. 3 month avg: 19,682,477 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: Triangle, symmetrical continuation pattern from 06/16/2023 to 07/11/2023

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: Insurance (Prop/Casualty)

Industry RS rank: 54 out of 60

Stock RS rank: 517 out of 628

7/13/23 close: $38.33

1 Month avg volatility: $0.76. Volatility stop (for downward breakout): $39.94 or 4.2% above the close.

Change YTD: -9.34%

Volume: 144,900 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: Triangle, descending reversal pattern from 06/08/2023 to 07/13/2023

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.

Industry: Electronics

Industry RS rank: 11 out of 60

Stock RS rank: 382 out of 628

7/13/23 close: $43.60

1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $41.59 or 4.6% below the close.

Change YTD: 10.60%

Volume: 202,100 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: Double Bottom, Adam and Adam reversal pattern from 06/28/2023 to 07/10/2023

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: Medical Supplies

Industry RS rank: 29 out of 60

Stock RS rank: 139 out of 628

7/13/23 close: $41.43

1 Month avg volatility: $0.79. Volatility stop (for upward breakout): $39.16 or 5.5% below the close.

Change YTD: 30.12%

Volume: 1,526,200 shares. 3 month avg: 2,503,563 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: 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: None

Industry RS rank: 5 out of 60

7/13/23 close: $15,914.51

1 Month avg volatility: $210.36. Volatility stop (for upward breakout): $15,445.65 or 3.0% below the close.

Change YTD: 18.84%

Volume: 142,373,500 shares. 3 month avg: 89,566,486 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: Rounding bottom continuation pattern from 02/02/2023 to 07/12/2023

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: Machinery

Industry RS rank: 30 out of 60

Stock RS rank: 261 out of 628

7/13/23 close: $150.08

1 Month avg volatility: $2.44. Volatility stop (for upward breakout): $145.16 or 3.3% below the close.

Change YTD: 10.83%

Volume: 695,400 shares. 3 month avg: 1,038,811 shares.

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

 

Chart pattern: Ugly double bottom reversal pattern from 06/01/2023 to 06/23/2023

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: Electric Utility (Central)

Industry RS rank: 47 out of 60

Stock RS rank: 446 out of 628

7/13/23 close: $113.43

1 Month avg volatility: $1.84. Volatility stop (for upward breakout): $108.72 or 4.2% below the close.

Change YTD: -3.49%

Volume: 907,800 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: Double Bottom, Adam and Adam reversal pattern from 06/29/2023 to 07/10/2023

Breakout is upward 100% of the time.

Average rise: 35%.

Break-even failure rate: 5%.

Throwbacks occur 64% of the time.

Price hits measure rule target 66% of the time.

Industry: Electric Utility (East)

Industry RS rank: 56 out of 60

Stock RS rank: 515 out of 628

7/13/23 close: $93.31

1 Month avg volatility: $1.42. Volatility stop (for upward breakout): $88.98 or 4.6% below the close.

Change YTD: -9.40%

Volume: 2,910,100 shares. 3 month avg: 2,571,354 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: Triple bottom reversal pattern from 06/02/2023 to 07/10/2023

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: Chemical (Diversified)

Industry RS rank: 36 out of 60

Stock RS rank: 402 out of 628

7/13/23 close: $88.38

1 Month avg volatility: $1.98. Volatility stop (for upward breakout): $83.11 or 6.0% below the close.

Change YTD: 8.52%

Volume: 980,300 shares. 3 month avg: 1,209,300 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 03/24/2023 to 06/23/2023

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: Internet

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 7 out of 60

Stock RS rank: 362 out of 628

7/13/23 close: $46.13

1 Month avg volatility: $0.90. Volatility stop (for upward breakout): $44.28 or 4.0% below the close.

Change YTD: 11.24%

Volume: 4,169,400 shares. 3 month avg: 8,868,903 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 05/31/2023 to 07/10/2023

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: Computers and Peripherals

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 18 out of 60

Stock RS rank: 444 out of 628

7/13/23 close: $92.32

1 Month avg volatility: $1.39. Volatility stop (for upward breakout): $89.12 or 3.5% below the close.

Change YTD: -3.89%

Volume: 1,887,000 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: Ugly double bottom reversal pattern from 05/31/2023 to 07/06/2023

Breakout is upward 100% of the time.

Average rise: 34%.

Break-even failure rate: 8%.

Throwbacks occur 59% of the time.

Price hits measure rule target 76% of the time.

Industry: Natural Gas (Distributor)

Industry RS rank: 55 out of 60

Stock RS rank: 401 out of 628

7/13/23 close: $122.57

1 Month avg volatility: $2.79. Volatility stop (for upward breakout): $115.66 or 5.6% below the close.

Change YTD: -5.37%

Volume: 2,841,500 shares. 3 month avg: 2,618,102 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 Bottom, Eve and Eve reversal pattern from 06/01/2023 to 06/23/2023

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: Financial Services

Industry RS rank: 25 out of 60

Stock RS rank: 394 out of 628

7/13/23 close: $8.74

1 Month avg volatility: $0.25. Volatility stop (for upward breakout): $8.12 or 7.1% below the close.

Change YTD: 7.24%

Volume: 415,200 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 06/27/2023 to 07/06/2023

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: Information Services

Industry RS rank: 23 out of 60

Stock RS rank: 346 out of 628

7/13/23 close: $413.84

1 Month avg volatility: $9.20. Volatility stop (for downward breakout): $432.57 or 4.5% above the close.

Change YTD: 3.15%

Volume: 414,200 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: Pipe top reversal pattern from 06/12/2023 to 06/20/2023

Breakout is downward 100% of the time.

Average decline: 20%.

Break-even failure rate: 11%.

Pullbacks occur 41% of the time.

Price hits measure rule target 70% of the time.

Industry: Electric Utility (East)

Industry RS rank: 56 out of 60

Stock RS rank: 458 out of 628

7/13/23 close: $39.85

1 Month avg volatility: $0.61. Volatility stop (for upward breakout): $38.02 or 4.6% below the close.

Change YTD: -4.98%

Volume: 2,415,500 shares. 3 month avg: 4,155,280 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 05/02/2023 to 06/29/2023

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: Semiconductor

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 2 out of 60

Stock RS rank: 147 out of 628

7/13/23 close: $66.74

1 Month avg volatility: $1.79. Volatility stop (for upward breakout): $62.31 or 6.6% below the close.

Change YTD: 23.84%

Volume: 1,091,800 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 06/20/2023 to 06/26/2023

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.

Industry: Securities Brokerage

Industry RS rank: 57 out of 60

Stock RS rank: 500 out of 628

7/13/23 close: $328.68

1 Month avg volatility: $5.69. Volatility stop (for upward breakout): $314.32 or 4.4% below the close.

Change YTD: -4.28%

Volume: 2,577,100 shares. 3 month avg: 2,673,269 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 Bottom, Eve and Eve reversal pattern from 06/27/2023 to 07/07/2023

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: Internet

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 7 out of 60

Stock RS rank: 56 out of 628

7/13/23 close: $124.54

1 Month avg volatility: $2.57. Volatility stop (for upward breakout): $115.31 or 7.4% below the close.

Change YTD: 41.15%

Volume: 43,711,900 shares. 3 month avg: 1,574,874 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, Adam and Adam reversal pattern from 06/27/2023 to 07/11/2023

Breakout is upward 100% of the time.

Average rise: 35%.

Break-even failure rate: 5%.

Throwbacks occur 64% of the time.

Price hits measure rule target 66% of the time.

Industry: Machinery

Industry RS rank: 30 out of 60

Stock RS rank: 116 out of 628

7/13/23 close: $86.56

1 Month avg volatility: $1.31. Volatility stop (for downward breakout): $89.20 or 3.0% above the close.

Change YTD: 28.69%

Volume: 480,000 shares. 3 month avg: 251,886 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: Broadening top reversal pattern from 06/13/2023 to 07/06/2023

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.

Industry: Trucking/Transp. Leasing

Industry RS rank: 13 out of 60

Stock RS rank: 423 out of 628

7/13/23 close: $15.49

1 Month avg volatility: $0.30. Volatility stop (for downward breakout): $16.19 or 4.5% above the close.

Change YTD: 0.98%

Volume: 105,000 shares. 3 month avg: 472,148 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: Triple top reversal pattern from 06/07/2023 to 06/29/2023

Breakout 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: Medical Supplies

Industry RS rank: 29 out of 60

Stock RS rank: 315 out of 628

7/13/23 close: $82.07

1 Month avg volatility: $1.31. Volatility stop (for upward breakout): $78.62 or 4.2% below the close.

Change YTD: 2.75%

Volume: 496,600 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: Ugly double bottom reversal pattern from 05/31/2023 to 07/06/2023

Breakout is upward 100% of the time.

Average rise: 34%.

Break-even failure rate: 8%.

Throwbacks occur 59% of the time.

Price hits measure rule target 76% of the time.

Industry: Machinery

Industry RS rank: 30 out of 60

Stock RS rank: 578 out of 628

7/13/23 close: $21.68

1 Month avg volatility: $0.58. Volatility stop (for upward breakout): $20.45 or 5.7% below the close.

Change YTD: -17.03%

Volume: 23,000 shares. 3 month avg: 26,271 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: Broadening bottom reversal pattern from 05/15/2023 to 07/12/2023

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: Biotechnology

Industry RS rank: 41 out of 60

Stock RS rank: 470 out of 628

7/13/23 close: $188.83

1 Month avg volatility: $5.42. Volatility stop (for upward breakout): $177.53 or 6.0% below the close.

Change YTD: -6.61%

Volume: 1,048,300 shares. 3 month avg: 726,254 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, Eve and Eve reversal pattern from 06/28/2023 to 07/10/2023

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: Medical Supplies

Industry RS rank: 29 out of 60

Stock RS rank: 488 out of 628

7/13/23 close: $158.81

1 Month avg volatility: $1.70. Volatility stop (for downward breakout): $162.54 or 2.4% above the close.

Change YTD: -10.10%

Volume: 6,270,500 shares. 3 month avg: 5,464,417 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: Diamond top reversal pattern from 06/16/2023 to 07/03/2023

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: Metal Fabricating

Industry RS rank: 32 out of 60

Stock RS rank: 225 out of 628

7/13/23 close: $29.43

1 Month avg volatility: $0.72. Volatility stop (for upward breakout): $27.79 or 5.6% below the close.

Change YTD: 22.32%

Volume: 419,700 shares. 3 month avg: 854,403 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 Bottom, Adam and Adam reversal pattern from 06/23/2023 to 07/06/2023

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: Aerospace/Defense

Industry RS rank: 27 out of 60

Stock RS rank: 359 out of 628

7/13/23 close: $198.46

1 Month avg volatility: $3.34. Volatility stop (for upward breakout): $188.08 or 5.2% below the close.

Change YTD: -4.68%

Volume: 972,300 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: Ugly double bottom reversal pattern from 05/31/2023 to 06/26/2023

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: Furn/Home Furnishings

Industry RS rank: 43 out of 60

Stock RS rank: 163 out of 628

7/13/23 close: $29.85

1 Month avg volatility: $0.77. Volatility stop (for upward breakout): $28.13 or 5.8% below the close.

Change YTD: 30.81%

Volume: 305,400 shares. 3 month avg: 437,505 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 06/21/2023 to 07/07/2023

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: Petroleum (Integrated)

Industry RS rank: 51 out of 60

Stock RS rank: 461 out of 628

7/13/23 close: $25.13

1 Month avg volatility: $0.63. Volatility stop (for upward breakout): $23.37 or 7.0% below the close.

Change YTD: -7.17%

Volume: 13,828,000 shares. 3 month avg: 10,621,542 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 06/23/2023 to 07/06/2023

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: Medical Supplies

Industry RS rank: 29 out of 60

Stock RS rank: 209 out of 628

7/13/23 close: $88.05

1 Month avg volatility: $1.16. Volatility stop (for upward breakout): $84.77 or 3.7% below the close.

Change YTD: 13.29%

Volume: 4,488,900 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: Triangle, symmetrical continuation pattern from 05/03/2023 to 07/13/2023

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: Drug

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 28 out of 60

Stock RS rank: 414 out of 628

7/13/23 close: $106.32

1 Month avg volatility: $1.90. Volatility stop (for downward breakout): $111.72 or 5.1% above the close.

Change YTD: -4.17%

Volume: 7,688,300 shares. 3 month avg: 11,487,503 shares.

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

 

Chart pattern: Triple top reversal pattern from 06/05/2023 to 06/30/2023

Breakout 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: Furn/Home Furnishings

Industry RS rank: 43 out of 60

Stock RS rank: 585 out of 628

7/13/23 close: $17.48

1 Month avg volatility: $0.58. Volatility stop (for upward breakout): $14.70 or 15.9% below the close.

Change YTD: -16.80%

Volume: 2,478,900 shares. 3 month avg: 361,806 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: Scallop, ascending continuation pattern from 06/07/2023 to 07/13/2023

Breakout is upward 80% of the time.

Average rise: 31%.

Break-even failure rate: 10%.

Throwbacks occur 58% of the time.

Price hits measure rule target 58% of the time.

Industry: Petroleum (Integrated)

Industry RS rank: 51 out of 60

Stock RS rank: 360 out of 628

7/13/23 close: $41.26

1 Month avg volatility: $1.08. Volatility stop (for upward breakout): $38.57 or 6.5% below the close.

Change YTD: -4.07%

Volume: 1,324,800 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 Tuesday.

 

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/23/2023 to 07/06/2023

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: Household Products

Industry RS rank: 34 out of 60

Stock RS rank: 617 out of 628

7/13/23 close: $9.89

1 Month avg volatility: $0.36. Volatility stop (for upward breakout): $9.01 or 8.9% below the close.

Change YTD: -24.39%

Volume: 4,554,800 shares. 3 month avg: 7,205,206 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 06/23/2023 to 07/05/2023

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: 39 out of 60

Stock RS rank: 342 out of 628

7/13/23 close: $55.86

1 Month avg volatility: $1.38. Volatility stop (for upward breakout): $52.70 or 5.7% below the close.

Change YTD: 5.52%

Volume: 1,340,500 shares. 3 month avg: 1,697,154 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 Bottom, Adam and Adam reversal pattern from 06/01/2023 to 06/23/2023

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: Semiconductor

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 2 out of 60

Stock RS rank: 23 out of 628

7/13/23 close: $102.04

1 Month avg volatility: $2.36. Volatility stop (for upward breakout): $93.91 or 8.0% below the close.

Change YTD: 63.60%

Volume: 6,464,300 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: Three Rising Valleys reversal pattern from 04/27/2023 to 06/23/2023

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: E-Commerce

Industry RS rank: 3 out of 60

Stock RS rank: 75 out of 628

7/13/23 close: $42.04

1 Month avg volatility: $0.70. Volatility stop (for upward breakout): $39.71 or 5.6% below the close.

Change YTD: 41.84%

Volume: 280,500 shares. 3 month avg: 520,157 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 06/23/2023 to 07/07/2023

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: Advertising

Industry RS rank: 12 out of 60

Stock RS rank: 543 out of 628

7/13/23 close: $16.22

1 Month avg volatility: $0.37. Volatility stop (for upward breakout): $15.37 or 5.2% below the close.

Change YTD: -2.17%

Volume: 1,826,000 shares.

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

 

Chart pattern: Pipe bottom reversal pattern from 06/20/2023 to 06/26/2023

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.

Industry: Apparel

Industry RS rank: 38 out of 60

Stock RS rank: 389 out of 628

7/13/23 close: $103.25

1 Month avg volatility: $2.81. Volatility stop (for upward breakout): $96.36 or 6.7% below the close.

Change YTD: 10.81%

Volume: 122,700 shares. 3 month avg: 112,505 shares.

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

 

Chart pattern: Pipe bottom reversal pattern from 06/20/2023 to 06/26/2023

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.

Industry: Oilfield Svcs/Equipment

Industry RS rank: 60 out of 60

Stock RS rank: 563 out of 628

7/13/23 close: $14.08

1 Month avg volatility: $0.57. Volatility stop (for upward breakout): $12.63 or 10.3% below the close.

Change YTD: -16.39%

Volume: 2,807,100 shares. 3 month avg: 3,925,269 shares.

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

 

Chart pattern: Ugly double bottom reversal pattern from 05/31/2023 to 06/23/2023

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: 284 out of 628

7/13/23 close: $123.12

1 Month avg volatility: $2.61. Volatility stop (for upward breakout): $114.65 or 6.9% below the close.

Change YTD: 11.99%

Volume: 8,998,200 shares. 3 month avg: 12,234,022 shares.

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

 

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/23/2023 to 07/06/2023

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: Apparel

Industry RS rank: 38 out of 60

Stock RS rank: 219 out of 628

7/13/23 close: $126.68

1 Month avg volatility: $2.64. Volatility stop (for upward breakout): $121.22 or 4.3% below the close.

Change YTD: 19.88%

Volume: 851,100 shares. 3 month avg: 933,391 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: Ugly double bottom reversal pattern from 06/01/2023 to 06/27/2023

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: Metals and Mining (Div.)

Industry RS rank: 26 out of 60

Stock RS rank: 369 out of 628

7/13/23 close: $122.32

1 Month avg volatility: $2.76. Volatility stop (for upward breakout): $116.00 or 5.2% below the close.

Change YTD: 9.15%

Volume: 360,800 shares.

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

 

Chart pattern: Head-and-shoulders bottom reversal pattern from 06/21/2023 to 07/06/2023

Breakout is upward 100% of the time.

Average rise: 38%.

Break-even failure rate: 3%.

Throwbacks occur 45% of the time.

Price hits measure rule target 74% of the time.

Industry: E-Commerce

Industry RS rank: 3 out of 60

Stock RS rank: 22 out of 628

7/13/23 close: $230.37

1 Month avg volatility: $4.98. Volatility stop (for upward breakout): $217.64 or 5.5% below the close.

Change YTD: 73.75%

Volume: 5,761,400 shares. 3 month avg: 4,417,257 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 05/31/2023 to 07/10/2023

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: Natural Gas (Distributor)

Industry RS rank: 55 out of 60

Stock RS rank: 366 out of 628

7/13/23 close: $65.17

1 Month avg volatility: $1.22. Volatility stop (for upward breakout): $62.21 or 4.5% below the close.

Change YTD: 5.32%

Volume: 320,000 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: Ugly double bottom reversal pattern from 05/04/2023 to 06/23/2023

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: Electronics

Industry RS rank: 11 out of 60

Stock RS rank: 26 out of 628

7/13/23 close: $20.90

1 Month avg volatility: $0.59. Volatility stop (for upward breakout): $19.21 or 8.1% below the close.

Change YTD: 76.22%

Volume: 2,844,500 shares. 3 month avg: 835,520 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 06/20/2023 to 06/26/2023

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.

Industry: Biotechnology

Industry RS rank: 41 out of 60

Stock RS rank: 388 out of 628

7/13/23 close: $84.44

1 Month avg volatility: $1.88. Volatility stop (for upward breakout): $80.38 or 4.8% below the close.

Change YTD: 1.88%

Volume: 457,800 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: Double Bottom, Adam and Adam reversal pattern from 06/14/2023 to 06/28/2023

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: Metals and Mining (Div.)

Industry RS rank: 26 out of 60

Stock RS rank: 186 out of 628

7/13/23 close: $13.46

1 Month avg volatility: $0.44. Volatility stop (for upward breakout): $12.44 or 7.6% below the close.

Change YTD: 7.68%

Volume: 682,700 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, Adam and Adam reversal pattern from 06/23/2023 to 07/06/2023

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: Apparel

Industry RS rank: 38 out of 60

Stock RS rank: 619 out of 628

7/13/23 close: $19.63

1 Month avg volatility: $0.60. Volatility stop (for upward breakout): $18.19 or 7.4% below the close.

Change YTD: -28.90%

Volume: 4,160,200 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 Monday.

 

Chart pattern: Broadening top, right-angled and descending continuation pattern from 06/08/2023 to 07/12/2023

Breakout is upward 51% of the time.

Average rise: 28%.

Break-even failure rate: 19%.

Throwbacks occur 52% of the time.

Price hits measure rule target 63% of the time.

Industry: Electronics

Industry RS rank: 11 out of 60

Stock RS rank: 201 out of 628

7/13/23 close: $156.06

1 Month avg volatility: $3.25. Volatility stop (for upward breakout): $149.00 or 4.5% below the close.

Change YTD: 19.28%

Volume: 162,500 shares. 3 month avg: 255,915 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: Three Rising Valleys reversal pattern from 05/04/2023 to 06/26/2023

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: Financial Services

Industry RS rank: 25 out of 60

Stock RS rank: 557 out of 628

7/13/23 close: $12.24

1 Month avg volatility: $0.23. Volatility stop (for upward breakout): $11.47 or 6.3% below the close.

Change YTD: -11.11%

Volume: 5,218,900 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 bottom reversal pattern from 05/31/2023 to 07/06/2023

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: Metals and Mining (Div.)

Industry RS rank: 26 out of 60

Stock RS rank: 289 out of 628

7/13/23 close: $44.61

1 Month avg volatility: $1.01. Volatility stop (for upward breakout): $42.23 or 5.3% below the close.

Change YTD: 14.52%

Volume: 1,391,900 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 06/21/2023 to 07/13/2023

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: Computers and Peripherals

WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 18 out of 60

Stock RS rank: 257 out of 628

7/13/23 close: $318.47

1 Month avg volatility: $7.16. Volatility stop (for upward breakout): $302.90 or 4.9% below the close.

Change YTD: 24.20%

Volume: 216,800 shares. 3 month avg: 395,197 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 06/20/2023 to 06/26/2023

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.