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

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: Diversified Co.

Industry RS rank: 24 out of 60

Stock RS rank: 472 out of 627

8/10/23 close: $103.90

1 Month avg volatility: $1.97. Volatility stop (for downward breakout): $109.78 or 5.7% above the close.

Change YTD: -13.36%

Volume: 2,200,900 shares. 3 month avg: 3,021,471 shares.

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

 

Chart pattern: Pipe top reversal pattern from 07/24/2023 to 07/31/2023

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: Telecom. Equipment

Industry RS rank: 59 out of 60

Stock RS rank: 626 out of 627

8/10/23 close: $7.65

1 Month avg volatility: $0.35. Volatility stop (for downward breakout): $8.66 or 13.2% above the close.

Change YTD: -59.29%

Volume: 1,036,600 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: Dead-cat bounce continuation pattern from 08/07/2023 to 08/07/2023

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Computer Software and Svcs

Industry RS rank: 7 out of 60

Stock RS rank: 156 out of 627

8/10/23 close: $61.05

1 Month avg volatility: $1.39. Volatility stop (for downward breakout): $63.95 or 4.8% above the close.

Change YTD: 23.38%

Volume: 1,108,300 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 Top, Eve and Eve reversal pattern from 07/18/2023 to 07/28/2023

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: Computer Software and Svcs

Industry RS rank: 7 out of 60

Stock RS rank: 623 out of 627

8/10/23 close: $28.93

1 Month avg volatility: $1.94. Volatility stop (for downward breakout): $33.85 or 17.0% above the close.

Change YTD: -42.91%

Volume: 2,484,900 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: Dead-cat bounce continuation pattern from 08/08/2023 to 08/08/2023

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Insurance (Prop/Casualty)

Industry RS rank: 51 out of 60

Stock RS rank: 89 out of 627

8/10/23 close: $76.58

1 Month avg volatility: $1.63. Volatility stop (for downward breakout): $81.34 or 6.2% above the close.

Change YTD: 21.98%

Volume: 1,048,900 shares. 3 month avg: 517,168 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 top reversal pattern from 07/17/2023 to 07/24/2023

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: Biotechnology

Industry RS rank: 29 out of 60

Stock RS rank: 539 out of 627

8/10/23 close: $217.61

1 Month avg volatility: $5.21. Volatility stop (for downward breakout): $228.24 or 4.9% above the close.

Change YTD: -0.13%

Volume: 775,500 shares. 3 month avg: 379,248 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 06/16/2023 to 08/04/2023

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.

Industry: Electronics

Industry RS rank: 21 out of 60

Stock RS rank: 256 out of 627

8/10/23 close: $44.74

1 Month avg volatility: $1.13. Volatility stop (for upward breakout): $42.43 or 5.2% below the close.

Change YTD: 13.50%

Volume: 88,300 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: Triple bottom reversal pattern from 06/28/2023 to 07/25/2023

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 (Producing)

Industry RS rank: 23 out of 60

Stock RS rank: 251 out of 627

8/10/23 close: $149.70

1 Month avg volatility: $2.97. Volatility stop (for upward breakout): $142.72 or 4.7% below the close.

Change YTD: 9.45%

Volume: 1,641,400 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: Rounding bottom continuation pattern from 04/14/2023 to 08/03/2023

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: Metal Fabricating

Industry RS rank: 54 out of 60

Stock RS rank: 123 out of 627

8/10/23 close: $52.10

1 Month avg volatility: $1.74. Volatility stop (for downward breakout): $56.37 or 8.2% above the close.

Change YTD: 41.35%

Volume: 25,200 shares. 3 month avg: 11,408 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 Top, Adam and Adam reversal pattern from 07/21/2023 to 07/31/2023

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.

Industry: Internet

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

Industry RS rank: 2 out of 60

Stock RS rank: 507 out of 627

8/10/23 close: $43.29

1 Month avg volatility: $1.13. Volatility stop (for downward breakout): $46.52 or 7.5% above the close.

Change YTD: 4.39%

Volume: 3,120,100 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: Pipe top reversal pattern from 07/17/2023 to 07/24/2023

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: Computer Software and Svcs

Industry RS rank: 7 out of 60

Stock RS rank: 283 out of 627

8/10/23 close: $60.56

1 Month avg volatility: $2.10. Volatility stop (for downward breakout): $66.40 or 9.6% above the close.

Change YTD: 23.87%

Volume: 10,940,500 shares. 3 month avg: 1,532,971 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: Dead-cat bounce continuation pattern from 08/04/2023 to 08/04/2023

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Apparel

Industry RS rank: 40 out of 60

Stock RS rank: 573 out of 627

8/10/23 close: $10.55

1 Month avg volatility: $0.37. Volatility stop (for upward breakout): $9.66 or 8.4% below the close.

Change YTD: -6.47%

Volume: 5,690,300 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: Head-and-shoulders bottom reversal pattern from 03/23/2023 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: Trucking/Transp. Leasing

Industry RS rank: 14 out of 60

Stock RS rank: 420 out of 627

8/10/23 close: $15.32

1 Month avg volatility: $0.36. Volatility stop (for downward breakout): $16.24 or 6.0% above the close.

Change YTD: -0.13%

Volume: 352,100 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: Pipe top reversal pattern from 07/24/2023 to 07/31/2023

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: Homebuilding

Industry RS rank: 1 out of 60

Stock RS rank: 8 out of 627

8/10/23 close: $105.77

1 Month avg volatility: $4.20. Volatility stop (for upward breakout): $95.60 or 9.6% below the close.

Change YTD: 151.35%

Volume: 22,700 shares. 3 month avg: 1,539,280 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: Triangle, symmetrical continuation pattern from 07/17/2023 to 08/10/2023

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: Drug

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

Industry RS rank: 15 out of 60

Stock RS rank: 560 out of 627

8/10/23 close: $65.51

1 Month avg volatility: $1.26. Volatility stop (for upward breakout): $62.75 or 4.2% below the close.

Change YTD: -18.44%

Volume: 1,683,000 shares. 3 month avg: 1,771,434 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 06/01/2023 to 06/29/2023

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: Securities Brokerage

Industry RS rank: 58 out of 60

Stock RS rank: 229 out of 627

8/10/23 close: $90.45

1 Month avg volatility: $1.91. Volatility stop (for upward breakout): $86.15 or 4.8% below the close.

Change YTD: 25.02%

Volume: 541,500 shares. 3 month avg: 658,995 shares.

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

 

Chart pattern: Three Rising Valleys reversal pattern from 05/24/2023 to 07/20/2023

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: Biotechnology

Industry RS rank: 29 out of 60

Stock RS rank: 482 out of 627

8/10/23 close: $135.18

1 Month avg volatility: $2.55. Volatility stop (for upward breakout): $127.40 or 5.8% below the close.

Change YTD: -15.15%

Volume: 1,012,900 shares. 3 month avg: 454,337 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: Ugly double bottom reversal pattern from 07/07/2023 to 08/02/2023

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: Semiconductor Cap Equip.

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

Industry RS rank: 5 out of 60

Stock RS rank: 359 out of 627

8/10/23 close: $52.96

1 Month avg volatility: $1.40. Volatility stop (for upward breakout): $49.33 or 6.9% below the close.

Change YTD: 19.66%

Volume: 1,076,000 shares. 3 month avg: 518,337 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: Multi-peaks from 06/14/2023 to 08/01/2023

Industry: Computer Software and Svcs

Industry RS rank: 7 out of 60

Stock RS rank: 43 out of 627

8/10/23 close: $32.03

1 Month avg volatility: $0.77. Volatility stop (for downward breakout): $33.74 or 5.4% above the close.

Change YTD: 36.65%

Volume: 1,659,900 shares. 3 month avg: 906,945 shares.

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

 

Chart pattern: Head-and-shoulders top reversal pattern from 07/03/2023 to 08/01/2023

Breakout is downward 100% of the time.

Average decline: 22%.

Break-even failure rate: 4%.

Pullbacks occur 50% of the time.

Price hits measure rule target 55% of the time.

Industry: Petroleum (Producing)

Industry RS rank: 23 out of 60

Stock RS rank: 323 out of 627

8/10/23 close: $22.73

1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $21.20 or 6.7% below the close.

Change YTD: -3.07%

Volume: 2,117,000 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: Cup with handle continuation pattern from 04/17/2023 to 08/10/2023

Breakout is upward 100% of the time.

Average rise: 34%.

Break-even failure rate: 5%.

Throwbacks occur 58% of the time.

Price hits measure rule target 50% of the time.

Industry: None

Industry RS rank: 6 out of 60

8/10/23 close: $13,737.99

1 Month avg volatility: $168.69. Volatility stop (for downward breakout): $14,284.53 or 4.0% above the close.

Change YTD: 31.26%

Volume: 0 shares. Could not calculate the 3 month avg volume.

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

 

Chart pattern: Double Top, Adam and Eve reversal pattern from 07/19/2023 to 07/31/2023

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.

Industry: Telecom. Equipment

Industry RS rank: 59 out of 60

Stock RS rank: 603 out of 627

8/10/23 close: $13.04

1 Month avg volatility: $0.53. Volatility stop (for downward breakout): $14.28 or 9.5% above the close.

Change YTD: -28.00%

Volume: 529,600 shares. 3 month avg: 452,812 shares.

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

 

Chart pattern: Broadening top, right-angled and ascending reversal pattern from 05/15/2023 to 07/27/2023

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

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.

Industry: Computers and Peripherals

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

Industry RS rank: 43 out of 60

Stock RS rank: 112 out of 627

8/10/23 close: $76.84

1 Month avg volatility: $1.49. Volatility stop (for downward breakout): $80.75 or 5.1% above the close.

Change YTD: 27.94%

Volume: 2,165,500 shares. 3 month avg: 2,986,022 shares.

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

 

Chart pattern: Head-and-shoulders top reversal pattern from 07/12/2023 to 08/02/2023

Breakout is downward 100% of the time.

Average decline: 22%.

Break-even failure rate: 4%.

Pullbacks occur 50% of the time.

Price hits measure rule target 55% of the time.

Industry: Advertising

Industry RS rank: 49 out of 60

Stock RS rank: 616 out of 627

8/10/23 close: $11.89

1 Month avg volatility: $0.46. Volatility stop (for downward breakout): $13.04 or 9.7% above the close.

Change YTD: -28.29%

Volume: 2,487,600 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: Dead-cat bounce continuation pattern from 08/04/2023 to 08/04/2023

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Telecom. Equipment

Industry RS rank: 59 out of 60

Stock RS rank: 515 out of 627

8/10/23 close: $115.61

1 Month avg volatility: $3.05. Volatility stop (for upward breakout): $108.98 or 5.7% below the close.

Change YTD: 5.16%

Volume: 6,196,500 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: Ugly double bottom reversal pattern from 05/25/2023 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: Oilfield Svcs/Equipment

Industry RS rank: 60 out of 60

Stock RS rank: 185 out of 627

8/10/23 close: $58.92

1 Month avg volatility: $1.27. Volatility stop (for upward breakout): $55.80 or 5.3% below the close.

Change YTD: 10.21%

Volume: 8,836,900 shares. 3 month avg: 8,320,412 shares.

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

 

Chart pattern: Cup with handle continuation pattern from 02/14/2023 to 08/09/2023

Breakout is upward 100% of the time.

Average rise: 34%.

Break-even failure rate: 5%.

Throwbacks occur 58% of the time.

Price hits measure rule target 50% of the time.

Industry: Computer Software and Svcs

Industry RS rank: 7 out of 60

Stock RS rank: 48 out of 627

8/10/23 close: $45.18

1 Month avg volatility: $1.41. Volatility stop (for downward breakout): $49.70 or 10.0% above the close.

Change YTD: 34.22%

Volume: 1,754,000 shares. 3 month avg: 1,378,918 shares.

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

 

Chart pattern: Double Top, Eve and Adam reversal pattern from 07/19/2023 to 08/01/2023

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.

Industry: Advertising

Industry RS rank: 49 out of 60

Stock RS rank: 15 out of 627

8/10/23 close: $77.09

1 Month avg volatility: $3.07. Volatility stop (for downward breakout): $87.64 or 13.7% above the close.

Change YTD: 71.96%

Volume: 8,700,200 shares.

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

 

Chart pattern: Double Top, Eve and Eve reversal pattern from 07/17/2023 to 07/31/2023

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: Chemical (Specialty)

Industry RS rank: 12 out of 60

Stock RS rank: 625 out of 627

8/10/23 close: $5.24

1 Month avg volatility: $0.24. Volatility stop (for downward breakout): $5.75 or 9.7% above the close.

Change YTD: -48.73%

Volume: 356,100 shares. 3 month avg: 64,734 shares.

This security may be thinly traded (less than 100k shares)!

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

 

Chart pattern: Dead-cat bounce continuation pattern from 08/09/2023 to 08/09/2023

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: Healthcare Information

Industry RS rank: 27 out of 60

Stock RS rank: 166 out of 627

8/10/23 close: $192.66

1 Month avg volatility: $4.39. Volatility stop (for downward breakout): $206.17 or 7.0% above the close.

Change YTD: 19.38%

Volume: 501,800 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: Head-and-shoulders top reversal pattern from 06/21/2023 to 07/31/2023

Breakout is downward 100% of the time.

Average decline: 22%.

Break-even failure rate: 4%.

Pullbacks occur 50% of the time.

Price hits measure rule target 55% of the time.

Industry: Electronics

Industry RS rank: 21 out of 60

Stock RS rank: 481 out of 627

8/10/23 close: $142.23

1 Month avg volatility: $4.80. Volatility stop (for downward breakout): $158.08 or 11.1% above the close.

Change YTD: 8.71%

Volume: 222,200 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: Triple top reversal pattern from 07/12/2023 to 08/03/2023

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: Shoe

Industry RS rank: 10 out of 60

Stock RS rank: 619 out of 627

8/10/23 close: $8.77

1 Month avg volatility: $0.46. Volatility stop (for downward breakout): $10.70 or 22.1% above the close.

Change YTD: -19.76%

Volume: 6,347,000 shares. 3 month avg: 772,149 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: Dead-cat bounce continuation pattern from 08/10/2023 to 08/10/2023

Breakout is downward 67% of the time.

Average decline: 18%.

Industry: None

Industry RS rank: 6 out of 60

Stock RS rank: 88 out of 627

8/10/23 close: $234.24

1 Month avg volatility: $2.88. Volatility stop (for downward breakout): $243.31 or 3.9% above the close.

Change YTD: 36.13%

Volume: 239,200 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 07/19/2023 to 07/27/2023

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.

Industry: None

Industry RS rank: 6 out of 60

Stock RS rank: 110 out of 627

8/10/23 close: $70.56

1 Month avg volatility: $0.81. Volatility stop (for downward breakout): $73.19 or 3.7% above the close.

Change YTD: 28.52%

Volume: 610,300 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 07/19/2023 to 07/27/2023

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.

 

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