As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
|
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
|
As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
| |
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
| ||
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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 5 out of 60Stock RS rank: 210 out of 62510/19/23 close: $92.551 Month avg volatility: $3.34. Volatility stop (for downward breakout): $105.42 or 13.9% above the close.Change YTD: 7.89%Volume: 346,200 shares. 3 month avg: 447,252 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, Eve and Adam reversal pattern from 10/02/2023 to 10/12/2023Breakout 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: Chemical (Diversified)Industry RS rank: 51 out of 60Stock RS rank: 576 out of 62510/19/23 close: $144.561 Month avg volatility: $6.91. Volatility stop (for downward breakout): $165.42 or 14.4% above the close.Change YTD: -33.34%Volume: 4,171,600 shares. 3 month avg: 1,363,352 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Adam and Adam reversal pattern from 09/29/2023 to 10/12/2023Breakout 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/DefenseIndustry RS rank: 34 out of 60Stock RS rank: 604 out of 62510/19/23 close: $24.241 Month avg volatility: $1.18. Volatility stop (for upward breakout): $21.86 or 9.8% below the close.Change YTD: -46.69%Volume: 13,545,700 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 09/26/2023 to 10/18/2023Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Insurance (Prop/Casualty)Industry RS rank: 23 out of 60Stock RS rank: 435 out of 62510/19/23 close: $109.101 Month avg volatility: $1.77. Volatility stop (for downward breakout): $114.87 or 5.3% above the close.Change YTD: -20.53%Volume: 389,600 shares. 3 month avg: 353,085 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, descending reversal pattern from 08/31/2023 to 10/19/2023Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 27 out of 60Stock RS rank: 21 out of 62510/19/23 close: $68.971 Month avg volatility: $2.38. Volatility stop (for upward breakout): $63.55 or 7.9% below the close.Change YTD: 41.16%Volume: 143,900 shares. 3 month avg: 141,992 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, Adam and Adam reversal pattern from 08/18/2023 to 08/30/2023Breakout 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: ElectronicsIndustry RS rank: 39 out of 60Stock RS rank: 211 out of 62510/19/23 close: $80.891 Month avg volatility: $1.47. Volatility stop (for downward breakout): $84.89 or 5.0% above the close.Change YTD: 6.24%Volume: 3,087,800 shares. 3 month avg: 1,207,969 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: Triple top reversal pattern from 09/29/2023 to 10/12/2023Breakout 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: BiotechnologyIndustry RS rank: 38 out of 60Stock RS rank: 580 out of 62510/19/23 close: $19.001 Month avg volatility: $0.65. Volatility stop (for upward breakout): $17.49 or 7.9% below the close.Change YTD: -35.81%Volume: 106,800 shares. 3 month avg: 71,871 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 Tuesday.Chart pattern: Ugly double bottom reversal pattern from 09/08/2023 to 10/09/2023Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Petroleum (Producing)Industry RS rank: 4 out of 60Stock RS rank: 134 out of 62510/19/23 close: $43.301 Month avg volatility: $1.18. Volatility stop (for upward breakout): $39.73 or 8.3% below the close.Change YTD: -7.24%Volume: 4,062,000 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: Pipe bottom reversal pattern from 10/02/2023 to 10/09/2023Breakout 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: Packaging and ContainerIndustry RS rank: 36 out of 60Stock RS rank: 299 out of 62510/19/23 close: $176.931 Month avg volatility: $3.45. Volatility stop (for downward breakout): $188.30 or 6.4% above the close.Change YTD: -2.25%Volume: 392,100 shares. 3 month avg: 661,129 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: Triple top reversal pattern from 09/20/2023 to 10/11/2023Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 14 out of 60Stock RS rank: 220 out of 62510/19/23 close: $2,785.201 Month avg volatility: $64.76. Volatility stop (for downward breakout): $2,966.93 or 6.5% above the close.Change YTD: 38.20%Volume: 435,900 shares. 3 month avg: 441,478 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, Eve and Eve reversal pattern from 08/09/2023 to 09/14/2023Breakout 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: ShoeIndustry RS rank: 41 out of 60Stock RS rank: 205 out of 62510/19/23 close: $76.151 Month avg volatility: $2.71. Volatility stop (for downward breakout): $83.47 or 9.6% above the close.Change YTD: 21.80%Volume: 633,000 shares. 3 month avg: 434,749 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 Top, Adam and Adam reversal pattern from 10/11/2023 to 10/17/2023Breakout 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: Medical ServicesIndustry RS rank: 25 out of 60Stock RS rank: 64 out of 62510/19/23 close: $310.171 Month avg volatility: $4.98. Volatility stop (for upward breakout): $296.86 or 4.3% below the close.Change YTD: -6.39%Volume: 1,160,600 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Three Rising Valleys reversal pattern from 08/17/2023 to 10/04/2023Breakout 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: Household ProductsIndustry RS rank: 47 out of 60Stock RS rank: 317 out of 62510/19/23 close: $73.191 Month avg volatility: $1.08. Volatility stop (for upward breakout): $70.40 or 3.8% below the close.Change YTD: -7.11%Volume: 7,986,200 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: Pipe bottom reversal pattern from 10/02/2023 to 10/09/2023Breakout 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: ElectronicsIndustry RS rank: 39 out of 60Stock RS rank: 432 out of 62510/19/23 close: $39.611 Month avg volatility: $0.86. Volatility stop (for downward breakout): $42.17 or 6.5% above the close.Change YTD: 0.48%Volume: 123,700 shares. 3 month avg: 73,662 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Top, Eve and Adam reversal pattern from 09/19/2023 to 10/06/2023Breakout 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: ShoeIndustry RS rank: 41 out of 60Stock RS rank: 198 out of 62510/19/23 close: $508.881 Month avg volatility: $11.99. Volatility stop (for upward breakout): $482.85 or 5.1% below the close.Change YTD: 27.49%Volume: 341,900 shares. 3 month avg: 637,325 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: Double Bottom, Adam and Adam reversal pattern from 10/06/2023 to 10/13/2023Breakout 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: Natural Gas (Diversified)Industry RS rank: 16 out of 60Stock RS rank: 411 out of 62510/19/23 close: $49.251 Month avg volatility: $1.25. Volatility stop (for upward breakout): $45.92 or 6.8% below the close.Change YTD: -19.93%Volume: 12,497,100 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: Pipe bottom reversal pattern from 10/02/2023 to 10/09/2023Breakout 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: Retail StoreIndustry RS rank: 28 out of 60Stock RS rank: 260 out of 62510/19/23 close: $314.391 Month avg volatility: $9.30. Volatility stop (for upward breakout): $291.70 or 7.2% below the close.Change YTD: -2.73%Volume: 83,100 shares. 3 month avg: 658,302 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 10/06/2023 to 10/13/2023Breakout 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: Financial ServicesIndustry RS rank: 35 out of 60Stock RS rank: 525 out of 62510/19/23 close: $84.591 Month avg volatility: $2.25. Volatility stop (for downward breakout): $92.00 or 8.8% above the close.Change YTD: -13.53%Volume: 7,161,300 shares. 3 month avg: 2,443,809 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Triple top reversal pattern from 10/02/2023 to 10/17/2023Breakout 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: Metal FabricatingIndustry RS rank: 46 out of 60Stock RS rank: 281 out of 62510/19/23 close: $20.151 Month avg volatility: $0.85. Volatility stop (for downward breakout): $22.29 or 10.6% above the close.Change YTD: 3.65%Volume: 126,400 shares. 3 month avg: 60,208 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: Head-and-shoulders top reversal pattern from 08/23/2023 to 09/28/2023Breakout 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: Cement and AggregatesIndustry RS rank: 6 out of 60Stock RS rank: 173 out of 62510/19/23 close: $157.361 Month avg volatility: $4.01. Volatility stop (for upward breakout): $148.73 or 5.5% below the close.Change YTD: 18.45%Volume: 377,400 shares. 3 month avg: 553,088 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 09/21/2023 to 10/19/2023Breakout 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: Medical ServicesIndustry RS rank: 25 out of 60Stock RS rank: 250 out of 62510/19/23 close: $463.281 Month avg volatility: $10.33. Volatility stop (for upward breakout): $439.96 or 5.0% below the close.Change YTD: -9.69%Volume: 1,234,800 shares. 3 month avg: 1,162,854 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 09/19/2023 to 10/16/2023Breakout 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: Petroleum (Integrated)Industry RS rank: 12 out of 60Stock RS rank: 315 out of 62510/19/23 close: $113.021 Month avg volatility: $2.25. Volatility stop (for upward breakout): $106.82 or 5.5% below the close.Change YTD: 2.47%Volume: 20,921,900 shares. 3 month avg: 17,282,225 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 10/06/2023 to 10/11/2023Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 14 out of 60Stock RS rank: 167 out of 62510/19/23 close: $148.511 Month avg volatility: $2.97. Volatility stop (for upward breakout): $141.85 or 4.5% below the close.Change YTD: 3.48%Volume: 352,100 shares. 3 month avg: 847,706 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: Broadening bottom reversal pattern from 09/14/2023 to 09/29/2023Breakout 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: Air TransportIndustry RS rank: 43 out of 60Stock RS rank: 195 out of 62510/19/23 close: $243.291 Month avg volatility: $5.63. Volatility stop (for downward breakout): $258.52 or 6.3% above the close.Change YTD: 40.47%Volume: 1,385,500 shares. 3 month avg: 1,372,055 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 07/31/2023 to 09/29/2023Breakout 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: ElectronicsIndustry RS rank: 39 out of 60Stock RS rank: 81 out of 62510/19/23 close: $24.761 Month avg volatility: $0.66. Volatility stop (for downward breakout): $27.11 or 9.5% above the close.Change YTD: 15.38%Volume: 4,003,900 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: Double Top, Eve and Eve reversal pattern from 09/29/2023 to 10/11/2023Breakout 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: Diversified Co.Industry RS rank: 40 out of 60Stock RS rank: 170 out of 62510/19/23 close: $106.951 Month avg volatility: $2.38. Volatility stop (for downward breakout): $113.86 or 6.5% above the close.Change YTD: 27.64%Volume: 4,005,900 shares. 3 month avg: 6,323,323 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 07/25/2023 to 09/20/2023Breakout 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: BiotechnologyIndustry RS rank: 38 out of 60Stock RS rank: 363 out of 62510/19/23 close: $78.441 Month avg volatility: $1.19. Volatility stop (for upward breakout): $75.85 or 3.3% below the close.Change YTD: -8.63%Volume: 5,507,100 shares. 3 month avg: 8,272,228 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 09/06/2023 to 10/03/2023Breakout 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: ApparelIndustry RS rank: 22 out of 60Stock RS rank: 133 out of 62510/19/23 close: $22.201 Month avg volatility: $0.61. Volatility stop (for upward breakout): $20.92 or 5.8% below the close.Change YTD: 7.30%Volume: 748,400 shares. 3 month avg: 1,269,442 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 complex bottom reversal pattern from 09/27/2023 to 10/13/2023Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 23 out of 60Stock RS rank: 394 out of 62510/19/23 close: $116.821 Month avg volatility: $2.09. Volatility stop (for upward breakout): $111.58 or 4.5% below the close.Change YTD: -13.55%Volume: 290,900 shares. 3 month avg: 179,998 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 complex bottom reversal pattern from 06/28/2023 to 10/11/2023Breakout 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.
Industry: Telecom. EquipmentIndustry RS rank: 52 out of 60Stock RS rank: 561 out of 62510/19/23 close: $10.931 Month avg volatility: $0.39. Volatility stop (for upward breakout): $9.71 or 11.2% below the close.Change YTD: -16.56%Volume: 3,499,800 shares. 3 month avg: 585,235 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 10/02/2023 to 10/09/2023WARNING: A dead-cat bounce occurred on 08/01/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 10/31/2023 and a 38% chance by 01/30/2024.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: Human ResourcesIndustry RS rank: 48 out of 60Stock RS rank: 457 out of 62510/19/23 close: $24.641 Month avg volatility: $0.49. Volatility stop (for downward breakout): $26.05 or 5.7% above the close.Change YTD: -11.91%Volume: 129,700 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 Eve reversal pattern from 09/20/2023 to 10/12/2023Breakout 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: MachineryIndustry RS rank: 32 out of 60Stock RS rank: 410 out of 62510/19/23 close: $195.601 Month avg volatility: $3.75. Volatility stop (for downward breakout): $208.00 or 6.3% above the close.Change YTD: -14.33%Volume: 643,500 shares. 3 month avg: 279,572 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, Adam and Adam reversal pattern from 09/28/2023 to 10/11/2023Breakout 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: Metal FabricatingIndustry RS rank: 46 out of 60Stock RS rank: 324 out of 62510/19/23 close: $224.901 Month avg volatility: $4.06. Volatility stop (for downward breakout): $236.85 or 5.3% above the close.Change YTD: 2.09%Volume: 1,308,700 shares. 3 month avg: 1,083,738 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 10/06/2023 to 10/17/2023Breakout 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 MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 27 out of 60Stock RS rank: 183 out of 62510/19/23 close: $29.561 Month avg volatility: $0.87. Volatility stop (for downward breakout): $32.42 or 9.7% above the close.Change YTD: 7.41%Volume: 129,700 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: Head-and-shoulders top reversal pattern from 09/28/2023 to 10/17/2023Breakout 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 SuppliesIndustry RS rank: 59 out of 60Stock RS rank: 355 out of 62510/19/23 close: $152.321 Month avg volatility: $2.07. Volatility stop (for downward breakout): $157.26 or 3.2% above the close.Change YTD: -13.77%Volume: 7,726,600 shares. 3 month avg: 5,464,417 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Eve and Adam reversal pattern from 10/10/2023 to 10/17/2023Breakout 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: Retail StoreIndustry RS rank: 28 out of 60Stock RS rank: 427 out of 62510/19/23 close: $20.791 Month avg volatility: $0.86. Volatility stop (for upward breakout): $18.77 or 9.7% below the close.Change YTD: -17.66%Volume: 4,161,300 shares. 3 month avg: 4,163,043 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: Double Bottom, Adam and Adam reversal pattern from 10/06/2023 to 10/13/2023Breakout 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: AdvertisingIndustry RS rank: 54 out of 60Stock RS rank: 532 out of 62510/19/23 close: $82.881 Month avg volatility: $1.78. Volatility stop (for upward breakout): $79.05 or 4.6% below the close.Change YTD: -12.20%Volume: 533,700 shares. 3 month avg: 612,354 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Pipe bottom reversal pattern from 10/02/2023 to 10/09/2023Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 19 out of 60Stock RS rank: 560 out of 62510/19/23 close: $23.911 Month avg volatility: $0.55. Volatility stop (for downward breakout): $25.41 or 6.3% above the close.Change YTD: -25.81%Volume: 1,055,900 shares. 3 month avg: 1,259,645 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 Eve reversal pattern from 09/29/2023 to 10/11/2023Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 23 out of 60Stock RS rank: 136 out of 62510/19/23 close: $64.081 Month avg volatility: $0.91. Volatility stop (for upward breakout): $62.21 or 2.9% below the close.Change YTD: 9.86%Volume: 690,600 shares. 3 month avg: 964,671 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: Triple bottom reversal pattern from 08/22/2023 to 10/04/2023Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 5 out of 60Stock RS rank: 62 out of 62510/19/23 close: $76.661 Month avg volatility: $2.36. Volatility stop (for downward breakout): $83.65 or 9.1% above the close.Change YTD: 21.72%Volume: 257,900 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Eve and Eve reversal pattern from 09/28/2023 to 10/10/2023Breakout 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: Cement and AggregatesIndustry RS rank: 6 out of 60Stock RS rank: 98 out of 62510/19/23 close: $410.721 Month avg volatility: $10.18. Volatility stop (for downward breakout): $441.61 or 7.5% above the close.Change YTD: 21.53%Volume: 317,600 shares. 3 month avg: 575,872 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 10/06/2023 to 10/17/2023Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 18 out of 60Stock RS rank: 438 out of 62510/19/23 close: $100.431 Month avg volatility: $1.54. Volatility stop (for downward breakout): $104.81 or 4.4% above the close.Change YTD: -9.48%Volume: 7,636,100 shares. 3 month avg: 11,487,503 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Adam and Adam reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: Metal FabricatingIndustry RS rank: 46 out of 60Stock RS rank: 231 out of 62510/19/23 close: $70.951 Month avg volatility: $1.81. Volatility stop (for downward breakout): $76.02 or 7.2% above the close.Change YTD: 20.25%Volume: 417,200 shares. 3 month avg: 161,678 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 09/20/2023 to 10/11/2023Breakout 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 (Distributor)Industry RS rank: 37 out of 60Stock RS rank: 531 out of 62510/19/23 close: $42.491 Month avg volatility: $0.90. Volatility stop (for upward breakout): $40.51 or 4.7% below the close.Change YTD: -14.37%Volume: 616,900 shares. 3 month avg: 514,131 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, right-angled and descending continuation pattern from 08/15/2023 to 10/18/2023Breakout is upward 51% of the time.Average rise: 28%.Break-even failure rate: 19%.Throwbacks occur 52% of the time.Price hits measure rule target 63% of the time.
Industry: Chemical (Specialty)Industry RS rank: 31 out of 60Stock RS rank: 68 out of 62510/19/23 close: $444.871 Month avg volatility: $8.89. Volatility stop (for upward breakout): $425.28 or 4.4% below the close.Change YTD: 42.99%Volume: 42,000 shares. 3 month avg: 31,329 shares.This security may be thinly traded (less than 100k 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: Broadening top, right-angled and descending continuation pattern from 09/20/2023 to 10/19/2023Breakout is upward 51% of the time.Average rise: 28%.Break-even failure rate: 19%.Throwbacks occur 52% of the time.Price hits measure rule target 63% of the time.
Industry: ShoeIndustry RS rank: 41 out of 60Stock RS rank: 506 out of 62510/19/23 close: $103.051 Month avg volatility: $1.72. Volatility stop (for upward breakout): $99.41 or 3.5% below the close.Change YTD: -11.93%Volume: 8,364,500 shares. 3 month avg: 7,684,068 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 bottom reversal pattern from 09/18/2023 to 09/25/2023Breakout 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: Household ProductsIndustry RS rank: 47 out of 60Stock RS rank: 302 out of 62510/19/23 close: $148.251 Month avg volatility: $2.05. Volatility stop (for upward breakout): $143.09 or 3.5% below the close.Change YTD: -2.18%Volume: 8,011,200 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: Double Bottom, Adam and Adam reversal pattern from 10/06/2023 to 10/12/2023Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Medical ServicesIndustry RS rank: 25 out of 60Stock RS rank: 476 out of 62510/19/23 close: $122.831 Month avg volatility: $1.81. Volatility stop (for upward breakout): $118.22 or 3.8% below the close.Change YTD: -21.48%Volume: 841,200 shares. 3 month avg: 1,490,418 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: Triangle, symmetrical continuation pattern from 09/26/2023 to 10/19/2023Breakout 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: ShoeIndustry RS rank: 41 out of 60Stock RS rank: 612 out of 62510/19/23 close: $14.281 Month avg volatility: $0.71. Volatility stop (for upward breakout): $12.67 or 11.3% below the close.Change YTD: -39.54%Volume: 22,700 shares. 3 month avg: 41,775 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: Double Bottom, Adam and Eve reversal pattern from 10/09/2023 to 10/12/2023WARNING: A dead-cat bounce occurred on 05/03/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/01/2023.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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 1 out of 60Stock RS rank: 572 out of 62510/19/23 close: $15.981 Month avg volatility: $1.12. Volatility stop (for downward breakout): $19.34 or 21.0% above the close.Change YTD: -44.30%Volume: 23,067,600 shares. 3 month avg: 510,991 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: Dead-cat bounce continuation pattern from 10/19/2023 to 10/19/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: Air TransportIndustry RS rank: 43 out of 60Stock RS rank: 6 out of 62510/19/23 close: $37.621 Month avg volatility: $1.33. Volatility stop (for downward breakout): $41.37 or 10.0% above the close.Change YTD: 127.86%Volume: 432,500 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: Big M reversal pattern from 07/28/2023 to 09/01/2023Breakout is downward 100% of the time.Average decline: 17%.Break-even failure rate: 11%.Pullbacks occur 63% of the time.Price hits measure rule target 57% of the time.
Industry: Natural Gas (Distributor)Industry RS rank: 37 out of 60Stock RS rank: 504 out of 62510/19/23 close: $57.561 Month avg volatility: $1.19. Volatility stop (for upward breakout): $55.11 or 4.3% below the close.Change YTD: -16.41%Volume: 533,400 shares. 3 month avg: 172,872 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 bottom reversal pattern from 09/25/2023 to 10/02/2023Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 23 out of 60Stock RS rank: 409 out of 62510/19/23 close: $163.941 Month avg volatility: $2.74. Volatility stop (for upward breakout): $157.91 or 3.7% below the close.Change YTD: -12.56%Volume: 1,740,000 shares. 3 month avg: 1,525,757 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 10/04/2023 to 10/12/2023Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 15 out of 60Stock RS rank: 468 out of 62510/19/23 close: $52.511 Month avg volatility: $1.25. Volatility stop (for downward breakout): $56.19 or 7.0% above the close.Change YTD: -12.76%Volume: 78,800 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 Wednesday.Chart pattern: Double Top, Eve and Adam reversal pattern from 10/10/2023 to 10/17/2023Breakout 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: Precision InstrumentIndustry RS rank: 53 out of 60Stock RS rank: 18 out of 62510/19/23 close: $25.831 Month avg volatility: $0.83. Volatility stop (for downward breakout): $29.58 or 14.5% above the close.Change YTD: 39.02%Volume: 739,600 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, Adam and Adam reversal pattern from 09/29/2023 to 10/13/2023Breakout 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: BiotechnologyIndustry RS rank: 38 out of 60Stock RS rank: 141 out of 62510/19/23 close: $364.801 Month avg volatility: $6.37. Volatility stop (for upward breakout): $348.99 or 4.3% below the close.Change YTD: 26.32%Volume: 1,489,800 shares. 3 month avg: 1,548,174 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Triple bottom reversal pattern from 08/04/2023 to 10/03/2023Breakout 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: Cement and AggregatesIndustry RS rank: 6 out of 60Stock RS rank: 83 out of 62510/19/23 close: $202.691 Month avg volatility: $4.81. Volatility stop (for downward breakout): $217.55 or 7.3% above the close.Change YTD: 15.75%Volume: 837,100 shares. 3 month avg: 819,125 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 10/06/2023 to 10/17/2023Breakout 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: Retail StoreIndustry RS rank: 28 out of 60Stock RS rank: 176 out of 62510/19/23 close: $160.771 Month avg volatility: $2.16. Volatility stop (for upward breakout): $155.89 or 3.0% below the close.Change YTD: 13.39%Volume: 3,912,400 shares. 3 month avg: 6,204,140 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.Chart pattern: Pipe bottom reversal pattern from 10/02/2023 to 10/09/2023Breakout 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: Industrial ServicesIndustry RS rank: 13 out of 60Stock RS rank: 407 out of 62510/19/23 close: $39.251 Month avg volatility: $0.92. Volatility stop (for downward breakout): $42.47 or 8.2% above the close.Change YTD: -13.11%Volume: 1,492,000 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 Adam reversal pattern from 09/12/2023 to 10/17/2023Breakout 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.
Support this site! Clicking any of the books (below) takes you to
Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."
My Stock Market Books
|
My Novels
|