As of 05/13/2024

Indus: 39,432 -81.33 -0.2%

Trans: 15,629 +31.37 +0.2%

Utils: 941 -1.34 -0.1%

Nasdaq: 16,388 +47.37 +0.3%

S&P 500: 5,221 -1.26 0.0%

YTD

+4.6%

-1.7%

+6.7%

+9.2%

+9.5%

Targets Overview: 05/13/2024

39,950 or 38,500 by 06/01/2024

16,050 or 15,300 by 06/01/2024

960 or 900 by 06/01/2024

17,250 or 15,850 by 06/01/2024

5,500 or 5,100 by 06/01/2024

Chart Pattern Indicator:

on 5/1/24

As of 05/13/2024

Indus: 39,432 -81.33 -0.2%

Trans: 15,629 +31.37 +0.2%

Utils: 941 -1.34 -0.1%

Nasdaq: 16,388 +47.37 +0.3%

S&P 500: 5,221 -1.26 0.0%

YTD

+4.6%

-1.7%

+6.7%

+9.2%

+9.5%

Targets Overview: 05/13/2024

39,950 or 38,500 by 06/01/2024

16,050 or 15,300 by 06/01/2024

960 or 900 by 06/01/2024

17,250 or 15,850 by 06/01/2024

5,500 or 5,100 by 06/01/2024

Chart Pattern Indicator:

on 5/1/24

Patterns for the Weekend Details

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.

ABM Industries Inc (ABM)

Industry: Industrial Services

Industry RS rank: 19 out of 60

Stock RS rank: 426 out of 628

7/20/23 close: $43.99

1 Month avg volatility: $0.87. Volatility stop (for upward breakout): $41.47 or 5.7% below the close.

Change YTD: -0.48%

Volume: 504,900 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 06/23/2023 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.

Agilent Technologies Inc (A)

Industry: Precision Instrument

Industry RS rank: 50 out of 60

Stock RS rank: 585 out of 628

7/20/23 close: $124.55

1 Month avg volatility: $2.09. Volatility stop (for upward breakout): $118.94 or 4.5% below the close.

Change YTD: -16.77%

Volume: 2,262,400 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: Double Bottom, Adam and Adam reversal pattern from 06/28/2023 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.

Alcoa (AA)

Industry: Aerospace/Defense

Industry RS rank: 24 out of 60

Stock RS rank: 620 out of 628

7/20/23 close: $32.68

1 Month avg volatility: $1.24. Volatility stop (for upward breakout): $30.18 or 7.6% below the close.

Change YTD: -28.13%

Volume: 11,865,000 shares. 3 month avg: 8,355,648 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.

Chart pattern: Diamond bottom reversal pattern from 04/25/2023 to 05/19/2023

Breakout is upward 69% of the time.
Average rise: 36%.
Break-even failure rate: 4%.
Throwbacks occur 53% of the time.
Price hits measure rule target 81% of the time.

Alkermes (ALKS)

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

Industry RS rank: 23 out of 60

Stock RS rank: 165 out of 628

7/20/23 close: $31.97

1 Month avg volatility: $0.76. Volatility stop (for upward breakout): $30.13 or 5.8% below the close.

Change YTD: 22.35%

Volume: 1,039,100 shares. 3 month avg: 949,792 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: Pipe bottom reversal pattern from 07/03/2023 to 07/10/2023

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.

Alteryx, Inc (AYX)

Industry: Computer Software and Svcs

Industry RS rank: 4 out of 60

Stock RS rank: 597 out of 628

7/20/23 close: $39.24

1 Month avg volatility: $1.75. Volatility stop (for downward breakout): $44.78 or 14.1% above the close.

Change YTD: -22.56%

Volume: 1,261,100 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: Triple top reversal pattern from 06/16/2023 to 07/12/2023

WARNING: A dead-cat bounce occurred on 04/28/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 07/28/2023 and a 38% chance by 10/27/2023.
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.

AptarGroup Inc (ATR)

Industry: Packaging and Container

Industry RS rank: 40 out of 60

Stock RS rank: 260 out of 628

7/20/23 close: $119.33

1 Month avg volatility: $1.83. Volatility stop (for upward breakout): $115.20 or 3.5% below the close.

Change YTD: 8.50%

Volume: 175,800 shares. 3 month avg: 241,254 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: 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.

Arista Networks Inc (ANET)

Industry: E-Commerce

Industry RS rank: 3 out of 60

Stock RS rank: 26 out of 628

7/20/23 close: $171.41

1 Month avg volatility: $4.23. Volatility stop (for upward breakout): $161.43 or 5.8% below the close.

Change YTD: 41.25%

Volume: 2,587,700 shares. 3 month avg: 2,258,017 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 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.

Autodesk Inc (ADSK)

Industry: Computer Software and Svcs

Industry RS rank: 4 out of 60

Stock RS rank: 261 out of 628

7/20/23 close: $210.97

1 Month avg volatility: $4.53. Volatility stop (for upward breakout): $201.59 or 4.4% below the close.

Change YTD: 12.90%

Volume: 1,146,300 shares. 3 month avg: 2,150,943 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 06/26/2023 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.

Boeing Company, The (BA)

Industry: Aerospace/Defense

Industry RS rank: 24 out of 60

Stock RS rank: 331 out of 628

7/20/23 close: $213.61

1 Month avg volatility: $4.00. Volatility stop (for upward breakout): $200.80 or 6.0% below the close.

Change YTD: 12.14%

Volume: 5,735,900 shares. 3 month avg: 3,332,308 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 06/06/2023 to 07/20/2023

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.

Cemex SA de CV (CX)

Industry: Cement and Aggregates

Industry RS rank: 6 out of 60

Stock RS rank: 22 out of 628

7/20/23 close: $7.46

1 Month avg volatility: $0.18. Volatility stop (for upward breakout): $6.99 or 6.3% below the close.

Change YTD: 84.20%

Volume: 5,245,400 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 07/03/2023 to 07/10/2023

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.

Centene Corp (CNC)

Industry: Medical Services

Industry RS rank: 51 out of 60

Stock RS rank: 486 out of 628

7/20/23 close: $70.18

1 Month avg volatility: $1.27. Volatility stop (for upward breakout): $65.80 or 6.2% below the close.

Change YTD: -14.43%

Volume: 3,044,100 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: Double Bottom, Adam and Adam reversal pattern from 06/14/2023 to 07/13/2023

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.

Comtech Telecommunications Corp (CMTL)

Industry: Telecom. Equipment

Industry RS rank: 58 out of 60

Stock RS rank: 603 out of 628

7/20/23 close: $10.04

1 Month avg volatility: $0.37. Volatility stop (for upward breakout): $8.86 or 11.8% below the close.

Change YTD: -17.30%

Volume: 327,600 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: Double Bottom, Adam and Adam reversal pattern from 07/07/2023 to 07/14/2023

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.

Con Edison, Inc (ED)

Industry: Electric Utility (East)

Industry RS rank: 52 out of 60

Stock RS rank: 317 out of 628

7/20/23 close: $95.89

1 Month avg volatility: $1.53. Volatility stop (for upward breakout): $90.17 or 6.0% below the close.

Change YTD: 0.61%

Volume: 2,043,200 shares. 3 month avg: 1,605,666 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 complex bottom reversal pattern from 06/07/2023 to 07/18/2023

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.

Corning Inc. (GLW)

Industry: Telecom. Equipment

Industry RS rank: 58 out of 60

Stock RS rank: 495 out of 628

7/20/23 close: $33.19

1 Month avg volatility: $0.52. Volatility stop (for downward breakout): $34.60 or 4.3% above the close.

Change YTD: 3.91%

Volume: 5,432,100 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 Top, Adam and Adam reversal pattern from 06/16/2023 to 07/13/2023

Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

Devon Energy Corp. (DVN)

Industry: Natural Gas (Diversified)

Industry RS rank: 39 out of 60

Stock RS rank: 580 out of 628

7/20/23 close: $51.40

1 Month avg volatility: $1.15. Volatility stop (for upward breakout): $48.60 or 5.4% below the close.

Change YTD: -16.44%

Volume: 8,097,000 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, 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.

DJ 30 Industrials (^DJI)

Industry: None

Industry RS rank: 5 out of 60

7/20/23 close: $35,225.18

1 Month avg volatility: $244.21. Volatility stop (for upward breakout): $34,603.55 or 1.8% below the close.

Change YTD: 6.27%

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 06/26/2023 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.

DTE Energy Company (DTE)

Industry: Electric Utility (Central)

Industry RS rank: 41 out of 60

Stock RS rank: 388 out of 628

7/20/23 close: $113.13

1 Month avg volatility: $1.89. Volatility stop (for upward breakout): $106.79 or 5.6% below the close.

Change YTD: -3.74%

Volume: 777,800 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: Triangle, ascending reversal pattern from 06/29/2023 to 07/20/2023

Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

Edison International (EIX)

Industry: Electric Utility (West)

Industry RS rank: 43 out of 60

Stock RS rank: 244 out of 628

7/20/23 close: $72.15

1 Month avg volatility: $1.28. Volatility stop (for downward breakout): $74.93 or 3.9% above the close.

Change YTD: 13.41%

Volume: 1,542,500 shares. 3 month avg: 2,498,883 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, right-angled and ascending reversal pattern from 06/20/2023 to 07/14/2023

Breakout is downward 66% of the time.
Average decline: 15%.
Break-even failure rate: 20%.
Pullbacks occur 65% of the time.
Price hits measure rule target 32% of the time.

Encore Wire Corp (WIRE)

Industry: Metals and Mining (Div.)

Industry RS rank: 34 out of 60

Stock RS rank: 154 out of 628

7/20/23 close: $167.98

1 Month avg volatility: $5.82. Volatility stop (for downward breakout): $186.81 or 11.2% above the close.

Change YTD: 22.11%

Volume: 302,200 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 Top, Eve and Eve reversal pattern from 06/12/2023 to 06/29/2023

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.

Equifax Inc (EFX)

Industry: Information Services

Industry RS rank: 26 out of 60

Stock RS rank: 386 out of 628

7/20/23 close: $216.37

1 Month avg volatility: $4.63. Volatility stop (for downward breakout): $232.62 or 7.5% above the close.

Change YTD: 11.32%

Volume: 3,326,400 shares. 3 month avg: 3,458,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Broadening top, right-angled and ascending reversal pattern from 06/13/2023 to 07/19/2023

Breakout is downward 66% of the time.
Average decline: 15%.
Break-even failure rate: 20%.
Pullbacks occur 65% of the time.
Price hits measure rule target 32% of the time.

Everest Group Ltd (EG)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 47 out of 60

Stock RS rank: 277 out of 628

7/20/23 close: $365.06

1 Month avg volatility: $6.63. Volatility stop (for upward breakout): $346.47 or 5.1% below the close.

Change YTD: 10.20%

Volume: 270,300 shares. 3 month avg: 566,686 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.

Chart pattern: Pipe bottom reversal pattern from 06/26/2023 to 07/03/2023

Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Evolent Health, Inc (EVH)

Industry: Healthcare Information

Industry RS rank: 28 out of 60

Stock RS rank: 329 out of 628

7/20/23 close: $30.65

1 Month avg volatility: $1.01. Volatility stop (for upward breakout): $28.30 or 7.7% below the close.

Change YTD: 9.15%

Volume: 946,600 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: Head-and-shoulders bottom reversal pattern from 05/31/2023 to 07/13/2023

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.

Fastenal Company (FAST)

Industry: Retail Building Supply

Industry RS rank: 10 out of 60

Stock RS rank: 121 out of 628

7/20/23 close: $57.86

1 Month avg volatility: $0.95. Volatility stop (for downward breakout): $60.00 or 3.7% above the close.

Change YTD: 22.27%

Volume: 3,827,100 shares. 3 month avg: 2,417,771 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 06/30/2023 to 07/12/2023

Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

Flextronics International Ltd (FLEX)

Industry: Electronics

Industry RS rank: 12 out of 60

Stock RS rank: 126 out of 628

7/20/23 close: $28.36

1 Month avg volatility: $0.49. Volatility stop (for downward breakout): $29.78 or 5.0% above the close.

Change YTD: 32.15%

Volume: 5,407,700 shares. 3 month avg: 3,241,565 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

Chart pattern: Rising wedge reversal pattern from 06/20/2023 to 07/19/2023

Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price hits measure rule target 46% of the time.

Freeport-McMoRan Copper and Gold B (FCX)

Industry: Metals and Mining (Div.)

Industry RS rank: 34 out of 60

Stock RS rank: 459 out of 628

7/20/23 close: $41.89

1 Month avg volatility: $0.98. Volatility stop (for downward breakout): $44.47 or 6.2% above the close.

Change YTD: 10.24%

Volume: 16,277,200 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 Wednesday.

Chart pattern: Broadening top reversal pattern from 06/13/2023 to 07/13/2023

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.

Hawaiian Electric Industries, Inc. (HE)

Industry: Electric Utility (West)

Industry RS rank: 43 out of 60

Stock RS rank: 464 out of 628

7/20/23 close: $39.26

1 Month avg volatility: $0.68. Volatility stop (for upward breakout): $37.14 or 5.4% below the close.

Change YTD: -6.19%

Volume: 420,300 shares. 3 month avg: 463,472 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.

Haynes International Inc. (HAYN)

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

Industry RS rank: 22 out of 60

Stock RS rank: 420 out of 628

7/20/23 close: $50.45

1 Month avg volatility: $1.58. Volatility stop (for upward breakout): $46.32 or 8.2% below the close.

Change YTD: 10.42%

Volume: 68,800 shares. 3 month avg: 80,035 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: Triangle, symmetrical continuation pattern from 06/14/2023 to 07/18/2023

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.

Insperity (NSP)

Industry: Human Resources

Industry RS rank: 29 out of 60

Stock RS rank: 240 out of 628

7/20/23 close: $120.06

1 Month avg volatility: $2.61. Volatility stop (for upward breakout): $113.76 or 5.3% below the close.

Change YTD: 5.69%

Volume: 166,000 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: Falling wedge from 06/22/2023 to 07/14/2023

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.

Interpublic Group of Companies (IPG)

Industry: Advertising

Industry RS rank: 15 out of 60

Stock RS rank: 263 out of 628

7/20/23 close: $37.92

1 Month avg volatility: $0.76. Volatility stop (for downward breakout): $39.63 or 4.5% above the close.

Change YTD: 13.84%

Volume: 8,265,200 shares. 3 month avg: 6,516,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Eve and Adam reversal pattern from 06/14/2023 to 07/18/2023

Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

Kelly Services A (KELYA)

Industry: Human Resources

Industry RS rank: 29 out of 60

Stock RS rank: 280 out of 628

7/20/23 close: $17.82

1 Month avg volatility: $0.57. Volatility stop (for upward breakout): $16.19 or 9.2% below the close.

Change YTD: 5.44%

Volume: 197,300 shares. 3 month avg: 173,600 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: 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.

KLA-Tencor Corporation (KLAC)

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

Industry RS rank: 11 out of 60

Stock RS rank: 235 out of 628

7/20/23 close: $450.10

1 Month avg volatility: $11.16. Volatility stop (for downward breakout): $482.13 or 7.1% above the close.

Change YTD: 19.38%

Volume: 1,755,800 shares. 3 month avg: 1,563,420 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: Broadening top reversal pattern from 06/13/2023 to 07/20/2023

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.

La-Z-Boy Inc (LZB)

Industry: Furn/Home Furnishings

Industry RS rank: 48 out of 60

Stock RS rank: 125 out of 628

7/20/23 close: $31.38

1 Month avg volatility: $0.81. Volatility stop (for upward breakout): $29.26 or 6.8% below the close.

Change YTD: 37.51%

Volume: 311,000 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: Broadening bottom reversal pattern from 05/01/2023 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.

MGE Energy Inc (MGEE)

Industry: Electric Utility (Central)

Industry RS rank: 41 out of 60

Stock RS rank: 168 out of 628

7/20/23 close: $81.84

1 Month avg volatility: $1.59. Volatility stop (for upward breakout): $75.98 or 7.2% below the close.

Change YTD: 16.25%

Volume: 84,500 shares. 3 month avg: 83,160 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: 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.

Morgan Stanley (MS)

Industry: Securities Brokerage

Industry RS rank: 53 out of 60

Stock RS rank: 430 out of 628

7/20/23 close: $93.80

1 Month avg volatility: $1.57. Volatility stop (for upward breakout): $89.71 or 4.4% below the close.

Change YTD: 10.33%

Volume: 8,857,400 shares. 3 month avg: 7,185,892 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

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

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.

National Fuel Gas (NFG)

Industry: Natural Gas (Diversified)

Industry RS rank: 39 out of 60

Stock RS rank: 522 out of 628

7/20/23 close: $52.12

1 Month avg volatility: $1.13. Volatility stop (for upward breakout): $49.03 or 5.9% below the close.

Change YTD: -17.66%

Volume: 529,600 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: Head-and-shoulders bottom reversal pattern from 06/23/2023 to 07/17/2023

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.

NextEra Energy Inc (NEE)

Industry: Electric Utility (East)

Industry RS rank: 52 out of 60

Stock RS rank: 527 out of 628

7/20/23 close: $74.10

1 Month avg volatility: $1.37. Volatility stop (for upward breakout): $68.91 or 7.0% below the close.

Change YTD: -11.36%

Volume: 9,218,100 shares. 3 month avg: 6,704,131 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 07/11/2023 to 07/18/2023

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.

Omnicom Group (OMC)

Industry: Advertising

Industry RS rank: 15 out of 60

Stock RS rank: 258 out of 628

7/20/23 close: $88.17

1 Month avg volatility: $2.09. Volatility stop (for downward breakout): $93.06 or 5.6% above the close.

Change YTD: 8.09%

Volume: 4,470,500 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: Broadening top reversal pattern from 06/12/2023 to 07/18/2023

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.

Outfont Media (OUT)

Industry: Advertising

Industry RS rank: 15 out of 60

Stock RS rank: 554 out of 628

7/20/23 close: $16.04

1 Month avg volatility: $0.37. Volatility stop (for downward breakout): $16.98 or 5.9% above the close.

Change YTD: -3.26%

Volume: 1,326,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

Chart pattern: Rising wedge reversal pattern from 06/16/2023 to 07/19/2023

Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price hits measure rule target 46% of the time.

Packaging Corp of America (PKG)

Industry: Packaging and Container

Industry RS rank: 40 out of 60

Stock RS rank: 295 out of 628

7/20/23 close: $135.98

1 Month avg volatility: $2.23. Volatility stop (for upward breakout): $130.64 or 3.9% below the close.

Change YTD: 6.31%

Volume: 384,500 shares. 3 month avg: 777,560 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 06/28/2023 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.

Pfizer Inc. (PFE)

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

Industry RS rank: 23 out of 60

Stock RS rank: 582 out of 628

7/20/23 close: $36.77

1 Month avg volatility: $0.53. Volatility stop (for upward breakout): $35.29 or 4.0% below the close.

Change YTD: -28.24%

Volume: 22,087,400 shares. 3 month avg: 34,097,717 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Head-and-shoulders bottom reversal pattern from 06/29/2023 to 07/17/2023

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.

Portland General Electric Co. (POR)

Industry: Electric Utility (West)

Industry RS rank: 43 out of 60

Stock RS rank: 302 out of 628

7/20/23 close: $48.50

1 Month avg volatility: $0.93. Volatility stop (for upward breakout): $45.03 or 7.2% below the close.

Change YTD: -1.02%

Volume: 896,300 shares. 3 month avg: 771,474 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, right-angled and descending continuation pattern from 06/27/2023 to 07/18/2023

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.

Rambus Inc (RMBS)

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

Industry RS rank: 11 out of 60

Stock RS rank: 37 out of 628

7/20/23 close: $58.69

1 Month avg volatility: $2.31. Volatility stop (for downward breakout): $64.40 or 9.7% above the close.

Change YTD: 63.85%

Volume: 1,665,300 shares. 3 month avg: 669,732 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Eve and Eve reversal pattern from 06/30/2023 to 07/14/2023

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.

Regeneron Pharmaceuticals (REGN)

Industry: Biotechnology

Industry RS rank: 49 out of 60

Stock RS rank: 377 out of 628

7/20/23 close: $723.02

1 Month avg volatility: $15.87. Volatility stop (for upward breakout): $688.25 or 4.8% below the close.

Change YTD: 0.21%

Volume: 616,300 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, 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.

Scotts Miracle-Gro Co. (SMG)

Industry: Chemical (Basic)

Industry RS rank: 45 out of 60

Stock RS rank: 192 out of 628

7/20/23 close: $68.12

1 Month avg volatility: $2.51. Volatility stop (for upward breakout): $60.66 or 11.0% below the close.

Change YTD: 40.19%

Volume: 585,000 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: Head-and-shoulders bottom reversal pattern from 06/09/2023 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.

Silgan Holdings Inc (SLGN)

Industry: Packaging and Container

Industry RS rank: 40 out of 60

Stock RS rank: 489 out of 628

7/20/23 close: $47.79

1 Month avg volatility: $0.93. Volatility stop (for upward breakout): $45.67 or 4.4% below the close.

Change YTD: -7.81%

Volume: 421,100 shares. 3 month avg: 499,285 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: Triangle, ascending reversal pattern from 05/19/2023 to 07/20/2023

Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

Steelcase (SCS)

Industry: Furn/Home Furnishings

Industry RS rank: 48 out of 60

Stock RS rank: 287 out of 628

7/20/23 close: $7.90

1 Month avg volatility: $0.27. Volatility stop (for upward breakout): $7.29 or 7.7% below the close.

Change YTD: 11.74%

Volume: 442,400 shares. 3 month avg: 708,518 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: Triangle, symmetrical continuation pattern from 06/22/2023 to 07/20/2023

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.

Surmodics, Inc (SRDX)

Industry: Medical Supplies

Industry RS rank: 30 out of 60

Stock RS rank: 550 out of 628

7/20/23 close: $32.16

1 Month avg volatility: $1.32. Volatility stop (for upward breakout): $29.19 or 9.2% below the close.

Change YTD: -5.74%

Volume: 45,600 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: Pipe bottom reversal pattern from 07/03/2023 to 07/10/2023

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.

Target (TGT)

Industry: Retail Store

Industry RS rank: 37 out of 60

Stock RS rank: 569 out of 628

7/20/23 close: $134.64

1 Month avg volatility: $2.38. Volatility stop (for upward breakout): $127.72 or 5.1% below the close.

Change YTD: -9.66%

Volume: 4,128,300 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 Tuesday.

Chart pattern: Broadening top, right-angled and descending continuation pattern from 06/26/2023 to 07/20/2023

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.

Teleflex Inc (TFX)

Industry: Diversified Co.

Industry RS rank: 21 out of 60

Stock RS rank: 230 out of 628

7/20/23 close: $257.78

1 Month avg volatility: $4.95. Volatility stop (for upward breakout): $241.78 or 6.2% below the close.

Change YTD: 3.26%

Volume: 267,700 shares. 3 month avg: 269,822 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 Adam reversal pattern from 06/29/2023 to 07/07/2023

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.

UnitedHealth Group Inc (UNH)

Industry: Medical Services

Industry RS rank: 51 out of 60

Stock RS rank: 274 out of 628

7/20/23 close: $504.24

1 Month avg volatility: $8.88. Volatility stop (for upward breakout): $482.76 or 4.3% below the close.

Change YTD: -4.89%

Volume: 2,960,200 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 06/12/2023 to 06/20/2023

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.

Veeco Instruments Inc (VECO)

Industry: Precision Instrument

Industry RS rank: 50 out of 60

Stock RS rank: 91 out of 628

7/20/23 close: $25.75

1 Month avg volatility: $0.71. Volatility stop (for downward breakout): $27.94 or 8.5% above the close.

Change YTD: 38.59%

Volume: 449,500 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 06/13/2023 to 07/17/2023

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.

Williams-Sonoma Inc. (WSM)

Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 44 out of 60

Stock RS rank: 286 out of 628

7/20/23 close: $130.55

1 Month avg volatility: $3.41. Volatility stop (for upward breakout): $121.78 or 6.7% below the close.

Change YTD: 13.60%

Volume: 858,400 shares. 3 month avg: 1,925,938 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: Ugly double bottom reversal pattern from 05/26/2023 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.

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