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: Industrial Services

Industry RS rank: 15 out of 60

Stock RS rank: 385 out of 627

10/5/23 close: $40.73

1 Month avg volatility: $0.93. Volatility stop (for upward breakout): $38.21 or 6.2% below the close.

Change YTD: -7.86%

Volume: 545,100 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 09/26/2023 to 10/04/2023

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: IT Services

Industry RS rank: 12 out of 60

Stock RS rank: 524 out of 627

10/5/23 close: $21.03

1 Month avg volatility: $0.59. Volatility stop (for downward breakout): $22.32 or 6.1% above the close.

Change YTD: -8.57%

Volume: 532,200 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: Triple top reversal pattern from 07/18/2023 to 08/31/2023

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: Telecom. Equipment

Industry RS rank: 57 out of 60

Stock RS rank: 619 out of 627

10/5/23 close: $7.80

1 Month avg volatility: $0.26. Volatility stop (for upward breakout): $7.07 or 9.4% below the close.

Change YTD: -58.49%

Volume: 989,700 shares. 3 month avg: 348,746 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 bottom reversal pattern from 09/18/2023 to 10/02/2023

WARNING: A dead-cat bounce occurred on 08/07/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/06/2023 and a 38% chance by 02/05/2024.

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: Packaging and Container

Industry RS rank: 32 out of 60

Stock RS rank: 304 out of 627

10/5/23 close: $57.64

1 Month avg volatility: $1.28. Volatility stop (for downward breakout): $62.94 or 9.2% above the close.

Change YTD: -4.62%

Volume: 1,073,200 shares. 3 month avg: 894,866 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: Three Falling Peaks reversal pattern from 07/25/2023 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: Medical Services

Industry RS rank: 40 out of 60

Stock RS rank: 273 out of 627

10/5/23 close: $51.68

1 Month avg volatility: $0.97. Volatility stop (for downward breakout): $53.88 or 4.3% above the close.

Change YTD: 11.69%

Volume: 5,467,300 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 top reversal pattern from 08/30/2023 to 09/20/2023

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: Food Processing

Industry RS rank: 56 out of 60

Stock RS rank: 540 out of 627

10/5/23 close: $44.07

1 Month avg volatility: $1.22. Volatility stop (for downward breakout): $46.96 or 6.6% above the close.

Change YTD: -19.06%

Volume: 1,337,600 shares. 3 month avg: 322,132 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 Top, Adam and Eve reversal pattern from 09/08/2023 to 09/26/2023

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: Household Products

Industry RS rank: 51 out of 60

Stock RS rank: 294 out of 627

10/5/23 close: $90.23

1 Month avg volatility: $1.30. Volatility stop (for downward breakout): $94.51 or 4.7% above the close.

Change YTD: 11.93%

Volume: 1,503,400 shares. 3 month avg: 2,023,622 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: Head-and-shoulders top reversal pattern from 05/03/2023 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: Natural Gas (Diversified)

Industry RS rank: 34 out of 60

Stock RS rank: 28 out of 627

10/5/23 close: $21.76

1 Month avg volatility: $0.54. Volatility stop (for downward breakout): $22.93 or 5.4% above the close.

Change YTD: 29.22%

Volume: 2,995,400 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 reversal pattern from 08/21/2023 to 10/04/2023

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: Petroleum (Integrated)

Industry RS rank: 36 out of 60

Stock RS rank: 225 out of 627

10/5/23 close: $113.42

1 Month avg volatility: $2.58. Volatility stop (for downward breakout): $119.74 or 5.6% above the close.

Change YTD: -3.88%

Volume: 4,065,200 shares. 3 month avg: 6,156,062 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 top reversal pattern from 09/05/2023 to 09/28/2023

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: 33 out of 60

Stock RS rank: 404 out of 627

10/5/23 close: $41.91

1 Month avg volatility: $0.83. Volatility stop (for upward breakout): $39.71 or 5.2% below the close.

Change YTD: 6.32%

Volume: 136,300 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: Diamond bottom reversal pattern from 09/08/2023 to 10/05/2023

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: Machinery

Industry RS rank: 26 out of 60

Stock RS rank: 151 out of 627

10/5/23 close: $192.83

1 Month avg volatility: $3.21. Volatility stop (for downward breakout): $200.96 or 4.2% above the close.

Change YTD: 15.47%

Volume: 131,300 shares. 3 month avg: 230,622 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 08/09/2023 to 09/20/2023

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: 24 out of 60

Stock RS rank: 280 out of 627

10/5/23 close: $145.12

1 Month avg volatility: $3.31. Volatility stop (for downward breakout): $152.71 or 5.2% above the close.

Change YTD: 6.10%

Volume: 1,700,400 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: Double Top, Eve and Adam reversal pattern from 09/14/2023 to 09/28/2023

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: Metal Fabricating

Industry RS rank: 44 out of 60

Stock RS rank: 14 out of 627

10/5/23 close: $29.10

1 Month avg volatility: $0.91. Volatility stop (for upward breakout): $25.89 or 11.0% below the close.

Change YTD: 57.89%

Volume: 102,700 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 Bottom, Adam and Eve reversal pattern from 09/05/2023 to 09/21/2023

Breakout is upward 100% of the time.

Average rise: 37%.

Break-even failure rate: 5%.

Throwbacks occur 59% of the time.

Price hits measure rule target 66% of the time.

Industry: Machinery

Industry RS rank: 26 out of 60

Stock RS rank: 97 out of 627

10/5/23 close: $37.91

1 Month avg volatility: $1.05. Volatility stop (for downward breakout): $40.76 or 7.5% above the close.

Change YTD: 23.57%

Volume: 1,047,600 shares. 3 month avg: 1,457,883 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 09/12/2023 to 09/29/2023

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: Semiconductor

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

Industry RS rank: 5 out of 60

Stock RS rank: 156 out of 627

10/5/23 close: $33.07

1 Month avg volatility: $1.20. Volatility stop (for upward breakout): $30.64 or 7.4% below the close.

Change YTD: 48.76%

Volume: 541,700 shares. 3 month avg: 748,688 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 09/11/2023 to 09/18/2023

Breakout is upward 100% of the time.

Average rise: 45%.

Break-even failure rate: 5%.

Throwbacks occur 44% of the time.

Price hits measure rule target 83% of the time.

Industry: IT Services

Industry RS rank: 12 out of 60

Stock RS rank: 129 out of 627

10/5/23 close: $352.14

1 Month avg volatility: $6.79. Volatility stop (for downward breakout): $366.92 or 4.2% above the close.

Change YTD: 4.76%

Volume: 314,000 shares. 3 month avg: 564,655 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 reversal pattern from 08/31/2023 to 09/28/2023

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: Aerospace/Defense

Industry RS rank: 43 out of 60

Stock RS rank: 369 out of 627

10/5/23 close: $216.75

1 Month avg volatility: $2.93. Volatility stop (for downward breakout): $223.94 or 3.3% above the close.

Change YTD: -12.64%

Volume: 820,000 shares. 3 month avg: 1,076,035 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, Eve and Eve reversal pattern from 09/20/2023 to 10/03/2023

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: Apparel

Industry RS rank: 23 out of 60

Stock RS rank: 566 out of 627

10/5/23 close: $3.77

1 Month avg volatility: $0.19. Volatility stop (for downward breakout): $4.26 or 13.0% above the close.

Change YTD: -40.72%

Volume: 7,194,600 shares. 3 month avg: 6,164,918 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 top reversal pattern from 07/26/2023 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: Petroleum (Producing)

Industry RS rank: 24 out of 60

Stock RS rank: 288 out of 627

10/5/23 close: $38.22

1 Month avg volatility: $1.43. Volatility stop (for downward breakout): $41.96 or 9.8% above the close.

Change YTD: -22.90%

Volume: 1,013,500 shares. 3 month avg: 1,326,055 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 07/31/2023 to 09/14/2023

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.

Industry: Furn/Home Furnishings

Industry RS rank: 13 out of 60

Stock RS rank: 30 out of 627

10/5/23 close: $34.95

1 Month avg volatility: $0.71. Volatility stop (for downward breakout): $36.39 or 4.1% above the close.

Change YTD: 22.93%

Volume: 212,100 shares. 3 month avg: 239,735 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: Rising wedge reversal pattern from 09/01/2023 to 10/05/2023

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.

Industry: Aerospace/Defense

Industry RS rank: 43 out of 60

Stock RS rank: 359 out of 627

10/5/23 close: $180.02

1 Month avg volatility: $2.89. Volatility stop (for upward breakout): $173.36 or 3.7% below the close.

Change YTD: -16.00%

Volume: 2,288,200 shares. 3 month avg: 2,744,942 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 08/18/2023 to 10/05/2023

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: Telecom. Equipment

Industry RS rank: 57 out of 60

Stock RS rank: 621 out of 627

10/5/23 close: $3.70

1 Month avg volatility: $0.16. Volatility stop (for downward breakout): $4.30 or 16.3% above the close.

Change YTD: -45.10%

Volume: 2,444,100 shares. 3 month avg: 1,624,214 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 08/15/2023 to 09/14/2023

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: Building Materials

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

Industry RS rank: 10 out of 60

Stock RS rank: 285 out of 627

10/5/23 close: $9.88

1 Month avg volatility: $0.36. Volatility stop (for downward breakout): $10.70 or 8.3% above the close.

Change YTD: -25.71%

Volume: 538,400 shares. 3 month avg: 278,209 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, descending reversal pattern from 07/06/2023 to 10/05/2023

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: Petroleum (Producing)

Industry RS rank: 24 out of 60

Stock RS rank: 372 out of 627

10/5/23 close: $21.55

1 Month avg volatility: $0.62. Volatility stop (for downward breakout): $22.81 or 5.9% above the close.

Change YTD: -8.10%

Volume: 2,523,700 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: Head-and-shoulders top reversal pattern from 08/09/2023 to 09/27/2023

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 (Integrated)

Industry RS rank: 36 out of 60

Stock RS rank: 379 out of 627

10/5/23 close: $24.24

1 Month avg volatility: $0.77. Volatility stop (for downward breakout): $26.08 or 7.6% above the close.

Change YTD: -10.45%

Volume: 10,530,200 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 Tuesday.

 

Chart pattern: Triple top reversal pattern from 09/05/2023 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: Petroleum (Producing)

Industry RS rank: 24 out of 60

Stock RS rank: 213 out of 627

10/5/23 close: $53.63

1 Month avg volatility: $1.91. Volatility stop (for downward breakout): $58.23 or 8.6% above the close.

Change YTD: -6.31%

Volume: 1,113,400 shares.

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

 

Chart pattern: Head-and-shoulders top reversal pattern from 08/21/2023 to 09/27/2023

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: Securities Brokerage

Industry RS rank: 41 out of 60

Stock RS rank: 377 out of 627

10/5/23 close: $79.15

1 Month avg volatility: $1.62. Volatility stop (for downward breakout): $82.77 or 4.6% above the close.

Change YTD: -6.90%

Volume: 5,583,100 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: Head-and-shoulders top reversal pattern from 06/16/2023 to 09/19/2023

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 (Integrated)

Industry RS rank: 36 out of 60

Stock RS rank: 191 out of 627

10/5/23 close: $42.13

1 Month avg volatility: $1.17. Volatility stop (for upward breakout): $39.67 or 5.9% below the close.

Change YTD: -2.05%

Volume: 1,374,700 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: Broadening wedge, descending reversal pattern from 09/05/2023 to 10/04/2023

Breakout is upward 79% of the time.

Average rise: 33%.

Break-even failure rate: 6%.

Throwbacks occur 53% of the time.

Price hits measure rule target 79% of the time.

Industry: Oilfield Svcs/Equipment

Industry RS rank: 35 out of 60

Stock RS rank: 510 out of 627

10/5/23 close: $104.86

1 Month avg volatility: $5.45. Volatility stop (for downward breakout): $121.93 or 16.3% above the close.

Change YTD: -32.29%

Volume: 269,300 shares. 3 month avg: 10,861,705 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: Head-and-shoulders top reversal pattern from 09/05/2023 to 09/28/2023

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: Natural Gas (Diversified)

Industry RS rank: 34 out of 60

Stock RS rank: 456 out of 627

10/5/23 close: $51.11

1 Month avg volatility: $0.97. Volatility stop (for downward breakout): $53.25 or 4.2% above the close.

Change YTD: -19.26%

Volume: 460,400 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: Double Top, Adam and Eve reversal pattern from 09/01/2023 to 09/19/2023

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 Store

Industry RS rank: 27 out of 60

Stock RS rank: 449 out of 627

10/5/23 close: $14.23

1 Month avg volatility: $0.43. Volatility stop (for upward breakout): $13.24 or 7.0% below the close.

Change YTD: -11.83%

Volume: 3,436,300 shares. 3 month avg: 5,927,834 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, Eve and Eve reversal pattern from 09/13/2023 to 09/26/2023

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: Petroleum (Producing)

Industry RS rank: 24 out of 60

Stock RS rank: 410 out of 627

10/5/23 close: $59.42

1 Month avg volatility: $1.52. Volatility stop (for downward breakout): $63.30 or 6.5% above the close.

Change YTD: -5.67%

Volume: 10,185,000 shares. 3 month avg: 12,583,708 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 09/05/2023 to 09/28/2023

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: Medical Supplies

Industry RS rank: 54 out of 60

Stock RS rank: 182 out of 627

10/5/23 close: $29.12

1 Month avg volatility: $0.59. Volatility stop (for upward breakout): $27.57 or 5.3% below the close.

Change YTD: 3.89%

Volume: 987,000 shares. 3 month avg: 1,885,975 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: Pipe bottom reversal pattern from 09/11/2023 to 09/18/2023

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: 35 out of 60

Stock RS rank: 307 out of 627

10/5/23 close: $12.21

1 Month avg volatility: $0.63. Volatility stop (for downward breakout): $13.88 or 13.7% above the close.

Change YTD: -27.49%

Volume: 5,414,800 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: Double Top, Eve and Eve reversal pattern from 07/27/2023 to 09/14/2023

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.

Industry: Electric Utility (West)

Industry RS rank: 59 out of 60

Stock RS rank: 441 out of 627

10/5/23 close: $72.14

1 Month avg volatility: $1.36. Volatility stop (for downward breakout): $75.17 or 4.2% above the close.

Change YTD: -5.13%

Volume: 737,300 shares. 3 month avg: 750,734 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, Eve and Eve reversal pattern from 08/24/2023 to 09/20/2023

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: Electric Utility (East)

Industry RS rank: 58 out of 60

Stock RS rank: 439 out of 627

10/5/23 close: $56.56

1 Month avg volatility: $1.13. Volatility stop (for downward breakout): $58.95 or 4.2% above the close.

Change YTD: -7.69%

Volume: 3,785,200 shares. 3 month avg: 2,747,514 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, Eve 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: 11%.

Pullbacks occur 59% of the time.

Price hits measure rule target 73% of the time.

Industry: Securities Brokerage

Industry RS rank: 41 out of 60

Stock RS rank: 175 out of 627

10/5/23 close: $98.28

1 Month avg volatility: $2.08. Volatility stop (for downward breakout): $102.78 or 4.6% above the close.

Change YTD: -8.02%

Volume: 579,500 shares. 3 month avg: 692,654 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 07/26/2023 to 09/14/2023

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.

Industry: Oilfield Svcs/Equipment

Industry RS rank: 35 out of 60

Stock RS rank: 179 out of 627

10/5/23 close: $55.40

1 Month avg volatility: $1.35. Volatility stop (for downward breakout): $59.16 or 6.8% above the close.

Change YTD: 3.63%

Volume: 7,487,500 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: Double Top, Eve and Adam reversal pattern from 09/12/2023 to 09/28/2023

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 (Diversified)

Industry RS rank: 34 out of 60

Stock RS rank: 210 out of 627

10/5/23 close: $80.15

1 Month avg volatility: $1.85. Volatility stop (for downward breakout): $84.00 or 4.8% above the close.

Change YTD: 9.05%

Volume: 2,417,900 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: Double Top, Adam and Adam reversal pattern from 09/01/2023 to 09/28/2023

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: Aerospace/Defense

Industry RS rank: 43 out of 60

Stock RS rank: 413 out of 627

10/5/23 close: $398.10

1 Month avg volatility: $6.77. Volatility stop (for downward breakout): $417.25 or 4.8% above the close.

Change YTD: -0.45%

Volume: 266,200 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: Double Top, Eve and Adam reversal pattern from 09/01/2023 to 09/20/2023

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: Computer Software and Svcs

Industry RS rank: 7 out of 60

Stock RS rank: 132 out of 627

10/5/23 close: $45.10

1 Month avg volatility: $0.86. Volatility stop (for downward breakout): $47.00 or 4.2% above the close.

Change YTD: 33.99%

Volume: 792,300 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: Rectangle bottom continuation pattern from 08/21/2023 to 10/05/2023

Breakout is downward 55% of the time.

Average decline: 14%.

Break-even failure rate: 16%.

Pullbacks occur 69% of the time.

Price hits measure rule target 50% of the time.

Industry: Oilfield Svcs/Equipment

Industry RS rank: 35 out of 60

Stock RS rank: 85 out of 627

10/5/23 close: $7.62

1 Month avg volatility: $0.36. Volatility stop (for upward breakout): $6.59 or 13.5% below the close.

Change YTD: 67.11%

Volume: 12,284,400 shares. 3 month avg: 22,785,002 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: Flag, high and tight continuation pattern from 12/07/2022 to 02/16/2023

Breakout is upward 100% of the time.

Average rise: 69%.

Throwbacks occur 54% of the time.

Price hits measure rule target 90% of the time.

Industry: Metals and Mining (Div.)

Industry RS rank: 50 out of 60

Stock RS rank: 296 out of 627

10/5/23 close: $12.60

1 Month avg volatility: $0.43. Volatility stop (for downward breakout): $13.67 or 8.5% above the close.

Change YTD: 0.80%

Volume: 582,300 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 Top, Eve and Adam reversal pattern from 09/14/2023 to 09/28/2023

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: Financial Services

Industry RS rank: 28 out of 60

Stock RS rank: 263 out of 627

10/5/23 close: $233.48

1 Month avg volatility: $3.26. Volatility stop (for upward breakout): $223.70 or 4.2% below the close.

Change YTD: 12.38%

Volume: 6,123,600 shares. 3 month avg: 6,911,166 shares.

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

 

Chart pattern: Double Bottom, Adam and Eve reversal pattern from 09/27/2023 to 10/03/2023

Breakout is upward 100% of the time.

Average rise: 37%.

Break-even failure rate: 5%.

Throwbacks occur 59% of the time.

Price hits measure rule target 66% of the time.

Industry: Metals and Mining (Div.)

Industry RS rank: 50 out of 60

Stock RS rank: 548 out of 627

10/5/23 close: $39.18

1 Month avg volatility: $0.96. Volatility stop (for downward breakout): $41.11 or 4.9% above the close.

Change YTD: 0.58%

Volume: 1,184,300 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, Adam and Adam reversal pattern from 08/30/2023 to 09/20/2023

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: IT Services

Industry RS rank: 12 out of 60

Stock RS rank: 145 out of 627

10/5/23 close: $165.13

1 Month avg volatility: $2.42. Volatility stop (for downward breakout): $170.24 or 3.1% above the close.

Change YTD: 32.70%

Volume: 6,008,900 shares. 3 month avg: 9,531,718 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: Head-and-shoulders top reversal pattern from 06/16/2023 to 09/05/2023

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.