As of 11/21/2024   Indus: 43,870 +461.88 +1.1%     Trans: 17,172 +169.53 +1.0%     Utils: 1,076 +20.58 +2.0%     Nasdaq: 18,972 +6.28 +0.0%     S&P 500: 5,949 +31.60 +0.5%	YTD  +16.4%    +8.0%    +22.0%    +26.4%    +24.7%	Targets    Overview: 11/12/2024     46,000 or 43,000 by 12/01/2024   18,000 or 16,600 by 12/01/2024   1,200 or 1,000 by 12/01/2024   20,000 or 18,400 by 12/01/2024   6,100 or 5,800 by 12/01/2024
Chart Pattern Indicator: on 11/20/24

As of 11/21/2024   Indus: 43,870 +461.88 +1.1%     Trans: 17,172 +169.53 +1.0%     Utils: 1,076 +20.58 +2.0%     Nasdaq: 18,972 +6.28 +0.0%     S&P 500: 5,949 +31.60 +0.5%	YTD  +16.4%    +8.0%    +22.0%    +26.4%    +24.7%
Targets    Overview: 11/12/2024     46,000 or 43,000 by 12/01/2024   18,000 or 16,600 by 12/01/2024   1,200 or 1,000 by 12/01/2024   20,000 or 18,400 by 12/01/2024   6,100 or 5,800 by 12/01/2024
Chart Pattern Indicator: on 11/20/24

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: Aerospace/Defense

Industry RS rank: 38 out of 60

Stock RS rank: 597 out of 627

9/21/23 close: $27.87

1 Month avg volatility: $0.89. Volatility stop (for upward breakout): $26.08 or 6.4% below the close.

Change YTD: -38.71%

Volume: 5,467,200 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: Triangle, symmetrical continuation pattern from 08/25/2023 to 09/21/2023

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: 17 out of 60

Stock RS rank: 167 out of 627

9/21/23 close: $29.71

1 Month avg volatility: $0.87. Volatility stop (for upward breakout): $27.55 or 7.3% below the close.

Change YTD: 13.70%

Volume: 1,350,100 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 08/21/2023 to 08/28/2023

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: Internet

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

Industry RS rank: 6 out of 60

Stock RS rank: 40 out of 627

9/21/23 close: $129.33

1 Month avg volatility: $3.09. Volatility stop (for downward breakout): $138.43 or 7.0% above the close.

Change YTD: 53.96%

Volume: 68,129,000 shares. 3 month avg: 3,583,803 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 Top, Adam and Adam reversal pattern from 08/04/2023 to 09/14/2023

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: Petroleum (Producing)

Industry RS rank: 5 out of 60

Stock RS rank: 143 out of 627

9/21/23 close: $40.14

1 Month avg volatility: $1.17. Volatility stop (for downward breakout): $43.78 or 9.1% above the close.

Change YTD: -14.01%

Volume: 3,011,500 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: Double Top, Eve and Adam reversal pattern from 08/11/2023 to 09/05/2023

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: Packaging and Container

Industry RS rank: 30 out of 60

Stock RS rank: 255 out of 627

9/21/23 close: $122.22

1 Month avg volatility: $1.98. Volatility stop (for downward breakout): $128.31 or 5.0% above the close.

Change YTD: 11.13%

Volume: 335,700 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: Pipe top reversal pattern from 08/28/2023 to 09/05/2023

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: IT Services

Industry RS rank: 11 out of 60

Stock RS rank: 212 out of 627

9/21/23 close: $238.72

1 Month avg volatility: $2.92. Volatility stop (for downward breakout): $248.94 or 4.3% above the close.

Change YTD: -0.06%

Volume: 1,236,300 shares. 3 month avg: 2,140,888 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 07/27/2023 to 09/01/2023

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: Electric Utility (West)

Industry RS rank: 54 out of 60

Stock RS rank: 551 out of 627

9/21/23 close: $33.94

1 Month avg volatility: $0.53. Volatility stop (for upward breakout): $32.87 or 3.2% below the close.

Change YTD: -23.46%

Volume: 603,300 shares. 3 month avg: 396,820 shares.

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

 

Chart pattern: Double Bottom, Eve and Adam reversal pattern from 08/24/2023 to 09/05/2023

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: Industrial Services

Industry RS rank: 14 out of 60

Stock RS rank: 103 out of 627

9/21/23 close: $73.61

1 Month avg volatility: $1.18. Volatility stop (for downward breakout): $76.91 or 4.5% above the close.

Change YTD: 37.05%

Volume: 192,900 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, Adam and Eve reversal pattern from 08/30/2023 to 09/15/2023

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: Retail Building Supply

Industry RS rank: 19 out of 60

Stock RS rank: 16 out of 627

9/21/23 close: $121.02

1 Month avg volatility: $5.35. Volatility stop (for downward breakout): $135.71 or 12.1% above the close.

Change YTD: 86.53%

Volume: 2,502,600 shares. 3 month avg: 1,257,223 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 top reversal pattern from 07/19/2023 to 09/01/2023

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: Biotechnology

Industry RS rank: 32 out of 60

Stock RS rank: 99 out of 627

9/21/23 close: $184.93

1 Month avg volatility: $2.80. Volatility stop (for upward breakout): $176.42 or 4.6% below the close.

Change YTD: 11.60%

Volume: 1,810,000 shares. 3 month avg: 798,808 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 09/06/2023 to 09/12/2023

Breakout is upward 100% of the time.

Average rise: 35%.

Break-even failure rate: 5%.

Throwbacks occur 64% of the time.

Price hits measure rule target 66% of the time.

Industry: Information Services

Industry RS rank: 23 out of 60

Stock RS rank: 412 out of 627

9/21/23 close: $65.99

1 Month avg volatility: $1.52. Volatility stop (for downward breakout): $70.76 or 7.2% above the close.

Change YTD: 2.87%

Volume: 2,008,900 shares.

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

 

Chart pattern: Double Top, Eve and Eve reversal pattern from 08/09/2023 to 09/12/2023

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: Industrial Services

Industry RS rank: 14 out of 60

Stock RS rank: 160 out of 627

9/21/23 close: $504.43

1 Month avg volatility: $6.27. Volatility stop (for upward breakout): $491.81 or 2.5% below the close.

Change YTD: 11.69%

Volume: 366,200 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: Cup with handle continuation pattern from 07/26/2023 to 09/14/2023

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: Household Products

Industry RS rank: 41 out of 60

Stock RS rank: 344 out of 627

9/21/23 close: $73.22

1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $75.85 or 3.6% above the close.

Change YTD: -7.07%

Volume: 3,314,400 shares. 3 month avg: 3,441,685 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 06/20/2023 to 07/27/2023

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: Toiletries/Cosmetics

Industry RS rank: 60 out of 60

Stock RS rank: 247 out of 627

9/21/23 close: $12.27

1 Month avg volatility: $0.35. Volatility stop (for upward breakout): $11.10 or 9.5% below the close.

Change YTD: 43.34%

Volume: 5,320,700 shares. 3 month avg: 5,764,371 shares.

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

 

Chart pattern: Triangle, symmetrical continuation pattern from 08/10/2023 to 09/14/2023

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 (Diversified)

Industry RS rank: 20 out of 60

Stock RS rank: 415 out of 627

9/21/23 close: $46.41

1 Month avg volatility: $1.19. Volatility stop (for downward breakout): $50.30 or 8.4% above the close.

Change YTD: -24.55%

Volume: 13,717,100 shares. 3 month avg: 4,704,349 shares.

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

 

Chart pattern: Double Top, Eve and Adam reversal pattern from 07/31/2023 to 09/05/2023

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: None

Industry RS rank: 9 out of 60

9/21/23 close: $34,070.42

1 Month avg volatility: $285.19. Volatility stop (for downward breakout): $34,948.68 or 2.6% above the close.

Change YTD: 2.79%

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 Top, Eve and Adam reversal pattern from 08/31/2023 to 09/14/2023

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: Natural Gas (Distributor)

Industry RS rank: 43 out of 60

Stock RS rank: 157 out of 627

9/21/23 close: $122.59

1 Month avg volatility: $2.87. Volatility stop (for downward breakout): $132.52 or 8.1% above the close.

Change YTD: -5.35%

Volume: 3,611,800 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 Top, Adam and Eve reversal pattern from 08/04/2023 to 09/14/2023

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: Natural Gas (Diversified)

Industry RS rank: 20 out of 60

Stock RS rank: 37 out of 627

9/21/23 close: $38.74

1 Month avg volatility: $1.02. Volatility stop (for downward breakout): $42.20 or 8.9% above the close.

Change YTD: 14.51%

Volume: 6,293,100 shares. 3 month avg: 3,960,946 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: Head-and-shoulders top reversal pattern from 08/09/2023 to 09/01/2023

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: Metals and Mining (Div.)

Industry RS rank: 46 out of 60

Stock RS rank: 402 out of 627

9/21/23 close: $37.23

1 Month avg volatility: $0.88. Volatility stop (for downward breakout): $39.69 or 6.6% above the close.

Change YTD: -2.03%

Volume: 12,874,500 shares. 3 month avg: 11,955,349 shares.

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

 

Chart pattern: Head-and-shoulders complex top reversal pattern from 06/14/2023 to 09/14/2023

Breakout is downward 100% of the time.

Average decline: 23%.

Break-even failure rate: 4%.

Pullbacks occur 67% of the time.

Price hits measure rule target 53% of the time.

Industry: Building Materials

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

Industry RS rank: 13 out of 60

Stock RS rank: 113 out of 627

9/21/23 close: $31.92

1 Month avg volatility: $0.79. Volatility stop (for downward breakout): $33.77 or 5.8% above the close.

Change YTD: 15.99%

Volume: 43,200 shares. 3 month avg: 163,711 shares.

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

 

Chart pattern: Pipe top reversal pattern from 09/05/2023 to 09/05/2023

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: Toiletries/Cosmetics

Industry RS rank: 60 out of 60

Stock RS rank: 314 out of 627

9/21/23 close: $143.63

1 Month avg volatility: $3.55. Volatility stop (for upward breakout): $134.82 or 6.1% below the close.

Change YTD: 48.81%

Volume: 114,500 shares. 3 month avg: 108,312 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 09/05/2023 to 09/11/2023

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: Semiconductor Cap Equip.

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

Industry RS rank: 12 out of 60

Stock RS rank: 140 out of 627

9/21/23 close: $446.92

1 Month avg volatility: $12.53. Volatility stop (for downward breakout): $475.49 or 6.4% above the close.

Change YTD: 18.54%

Volume: 1,055,000 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: Double Top, Adam and Adam reversal pattern from 07/31/2023 to 09/06/2023

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: Homebuilding

Industry RS rank: 1 out of 60

Stock RS rank: 233 out of 627

9/21/23 close: $113.13

1 Month avg volatility: $2.96. Volatility stop (for downward breakout): $120.58 or 6.6% above the close.

Change YTD: 25.01%

Volume: 2,926,700 shares. 3 month avg: 3,465,638 shares.

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

 

Chart pattern: Double Top, Adam and Adam reversal pattern from 09/01/2023 to 09/11/2023

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: Homebuilding

Industry RS rank: 1 out of 60

Stock RS rank: 17 out of 627

9/21/23 close: $86.50

1 Month avg volatility: $3.22. Volatility stop (for downward breakout): $93.81 or 8.5% above the close.

Change YTD: 87.31%

Volume: 280,700 shares. 3 month avg: 297,328 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 07/31/2023 to 08/16/2023

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: 42 out of 60

Stock RS rank: 395 out of 627

9/21/23 close: $20.35

1 Month avg volatility: $0.62. Volatility stop (for upward breakout): $18.36 or 9.8% below the close.

Change YTD: -3.14%

Volume: 1,014,000 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: Pipe bottom reversal pattern from 09/05/2023 to 09/11/2023

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: Precision Instrument

Industry RS rank: 52 out of 60

Stock RS rank: 431 out of 627

9/21/23 close: $142.04

1 Month avg volatility: $3.97. Volatility stop (for downward breakout): $154.26 or 8.6% above the close.

Change YTD: 4.54%

Volume: 282,900 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 top reversal pattern from 08/28/2023 to 09/05/2023

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: Packaging and Container

Industry RS rank: 30 out of 60

Stock RS rank: 174 out of 627

9/21/23 close: $149.81

1 Month avg volatility: $2.15. Volatility stop (for upward breakout): $145.38 or 3.0% below the close.

Change YTD: 17.12%

Volume: 442,400 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, Eve and Eve reversal pattern from 08/24/2023 to 09/06/2023

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: Household Products

Industry RS rank: 41 out of 60

Stock RS rank: 290 out of 627

9/21/23 close: $152.14

1 Month avg volatility: $1.70. Volatility stop (for upward breakout): $148.67 or 2.3% below the close.

Change YTD: 0.38%

Volume: 5,088,100 shares. 3 month avg: 7,163,346 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: Diamond bottom reversal pattern from 08/23/2023 to 09/21/2023

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.

Industry: Homebuilding

Industry RS rank: 1 out of 60

Stock RS rank: 33 out of 627

9/21/23 close: $73.90

1 Month avg volatility: $2.34. Volatility stop (for downward breakout): $79.95 or 8.2% above the close.

Change YTD: 62.31%

Volume: 2,871,100 shares. 3 month avg: 4,812,565 shares.

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

 

Chart pattern: Double Top, Eve and Eve reversal pattern from 07/27/2023 to 08/08/2023

Breakout is downward 100% of the time.

Average decline: 18%.

Break-even failure rate: 11%.

Pullbacks occur 59% of the time.

Price hits measure rule target 73% of the time.

Industry: Petroleum (Producing)

Industry RS rank: 5 out of 60

Stock RS rank: 71 out of 627

9/21/23 close: $29.98

1 Month avg volatility: $0.84. Volatility stop (for downward breakout): $32.32 or 7.8% above the close.

Change YTD: 19.82%

Volume: 2,059,500 shares.

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

 

Chart pattern: Triple top reversal pattern from 08/09/2023 to 09/14/2023

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: Metals and Mining (Div.)

Industry RS rank: 46 out of 60

Stock RS rank: 478 out of 627

9/21/23 close: $113.41

1 Month avg volatility: $2.14. Volatility stop (for upward breakout): $108.57 or 4.3% below the close.

Change YTD: 1.20%

Volume: 417,200 shares.

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

 

Chart pattern: Pipe bottom reversal pattern from 08/14/2023 to 08/21/2023

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: Trucking/Transp. Leasing

Industry RS rank: 15 out of 60

Stock RS rank: 19 out of 627

9/21/23 close: $390.08

1 Month avg volatility: $12.95. Volatility stop (for downward breakout): $419.85 or 7.6% above the close.

Change YTD: 86.04%

Volume: 339,400 shares. 3 month avg: 163,825 shares.

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

 

Chart pattern: Head-and-shoulders top reversal pattern from 07/31/2023 to 09/07/2023

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: Chemical (Basic)

Industry RS rank: 37 out of 60

Stock RS rank: 101 out of 627

9/21/23 close: $254.38

1 Month avg volatility: $4.13. Volatility stop (for downward breakout): $266.39 or 4.7% above the close.

Change YTD: 7.18%

Volume: 1,088,500 shares. 3 month avg: 564,294 shares.

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

 

Chart pattern: Three Falling Peaks reversal pattern from 07/27/2023 to 09/01/2023

Breakout is downward 100% of the time.

Average decline: 17%.

Break-even failure rate: 12%.

Pullbacks occur 59% of the time.

Price hits measure rule target 33% of the time.

Industry: Furn/Home Furnishings

Industry RS rank: 42 out of 60

Stock RS rank: 12 out of 627

9/21/23 close: $10.75

1 Month avg volatility: $0.29. Volatility stop (for upward breakout): $9.82 or 8.7% below the close.

Change YTD: 52.05%

Volume: 2,256,400 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: Triple bottom reversal pattern from 08/08/2023 to 09/11/2023

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: Homebuilding

Industry RS rank: 1 out of 60

Stock RS rank: 54 out of 627

9/21/23 close: $73.63

1 Month avg volatility: $2.34. Volatility stop (for downward breakout): $79.80 or 8.4% above the close.

Change YTD: 47.50%

Volume: 2,976,300 shares. 3 month avg: 2,237,614 shares.

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

 

Chart pattern: Double Top, Eve and Adam reversal pattern from 07/14/2023 to 09/01/2023

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: Aerospace/Defense

Industry RS rank: 38 out of 60

Stock RS rank: 105 out of 627

9/21/23 close: $842.83

1 Month avg volatility: $15.48. Volatility stop (for downward breakout): $884.72 or 5.0% above the close.

Change YTD: 33.86%

Volume: 226,900 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 top reversal pattern from 08/28/2023 to 09/05/2023

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: Medical Services

Industry RS rank: 36 out of 60

Stock RS rank: 293 out of 627

9/21/23 close: $501.14

1 Month avg volatility: $7.70. Volatility stop (for upward breakout): $477.68 or 4.7% below the close.

Change YTD: -5.48%

Volume: 4,696,200 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: Triple bottom reversal pattern from 09/01/2023 to 09/19/2023

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: Precision Instrument

Industry RS rank: 52 out of 60

Stock RS rank: 53 out of 627

9/21/23 close: $26.26

1 Month avg volatility: $0.82. Volatility stop (for downward breakout): $28.26 or 7.6% above the close.

Change YTD: 41.33%

Volume: 203,000 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 top reversal pattern from 08/07/2023 to 08/14/2023

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: Chemical (Basic)

Industry RS rank: 37 out of 60

Stock RS rank: 190 out of 627

9/21/23 close: $121.03

1 Month avg volatility: $2.65. Volatility stop (for downward breakout): $128.22 or 5.9% above the close.

Change YTD: 18.03%

Volume: 438,500 shares. 3 month avg: 812,517 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: Three Falling Peaks reversal pattern from 07/28/2023 to 09/18/2023

Breakout is downward 100% of the time.

Average decline: 17%.

Break-even failure rate: 12%.

Pullbacks occur 59% of the time.

Price hits measure rule target 33% of the time.

Industry: Homebuilding

Industry RS rank: 1 out of 60

Stock RS rank: 148 out of 627

9/21/23 close: $78.76

1 Month avg volatility: $1.68. Volatility stop (for upward breakout): $75.07 or 4.7% below the close.

Change YTD: 29.96%

Volume: 7,233,000 shares. 3 month avg: 2,388,375 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, ascending reversal pattern from 07/20/2023 to 08/16/2023

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.