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 12/01/202418,000 or 16,600 by 12/01/20241,200 or 1,000 by 12/01/202420,000 or 18,400 by 12/01/20246,100 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 12/01/202418,000 or 16,600 by 12/01/20241,200 or 1,000 by 12/01/202420,000 or 18,400 by 12/01/20246,100 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: Industrial ServicesIndustry RS rank: 10 out of 60Stock RS rank: 321 out of 62510/26/23 close: $39.611 Month avg volatility: $0.85. Volatility stop (for downward breakout): $41.87 or 5.7% above the close.Change YTD: -10.39%Volume: 231,000 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: Pipe top reversal pattern from 10/09/2023 to 10/16/2023Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Telecom. EquipmentIndustry RS rank: 51 out of 60Stock RS rank: 567 out of 62510/26/23 close: $6.631 Month avg volatility: $0.32. Volatility stop (for downward breakout): $7.51 or 13.2% above the close.Change YTD: -64.72%Volume: 640,400 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: Head-and-shoulders top reversal pattern from 08/14/2023 to 10/02/2023WARNING: 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 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: E-CommerceIndustry RS rank: 3 out of 60Stock RS rank: 39 out of 62510/26/23 close: $101.851 Month avg volatility: $1.83. Volatility stop (for downward breakout): $107.15 or 5.2% above the close.Change YTD: 20.82%Volume: 1,161,600 shares. 3 month avg: 2,185,974 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 09/20/2023 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: Computer Software and SvcsIndustry RS rank: 2 out of 60Stock RS rank: 601 out of 62510/26/23 close: $31.361 Month avg volatility: $1.34. Volatility stop (for upward breakout): $27.86 or 11.2% below the close.Change YTD: -38.11%Volume: 1,153,300 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: Rounding top continuation pattern from 09/05/2023 to 10/26/2023WARNING: A dead-cat bounce occurred on 08/08/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/07/2023 and a 38% chance by 02/06/2024.Breakout is upward 53% of the time.Average rise: 37%.Break-even failure rate: 9%.Throwbacks occur 53% of the time.Price hits measure rule target 61% of the time.
Industry: E-CommerceIndustry RS rank: 3 out of 60Stock RS rank: 163 out of 62510/26/23 close: $169.821 Month avg volatility: $6.41. Volatility stop (for downward breakout): $196.39 or 15.7% above the close.Change YTD: 39.94%Volume: 5,273,800 shares. 3 month avg: 2,258,017 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Eve and Eve reversal pattern from 09/01/2023 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: Natural Gas (Diversified)Industry RS rank: 15 out of 60Stock RS rank: 337 out of 62510/26/23 close: $108.761 Month avg volatility: $2.05. Volatility stop (for downward breakout): $114.11 or 4.9% above the close.Change YTD: -2.95%Volume: 790,300 shares. 3 month avg: 444,800 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: Pipe top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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 ServicesIndustry RS rank: 14 out of 60Stock RS rank: 41 out of 62510/26/23 close: $121.351 Month avg volatility: $2.44. Volatility stop (for downward breakout): $126.61 or 4.3% above the close.Change YTD: 16.10%Volume: 1,316,600 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: Pipe top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: Information ServicesIndustry RS rank: 27 out of 60Stock RS rank: 58 out of 62510/26/23 close: $169.331 Month avg volatility: $2.92. Volatility stop (for downward breakout): $178.41 or 5.4% above the close.Change YTD: 26.24%Volume: 372,700 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: Head-and-shoulders top reversal pattern from 08/14/2023 to 10/10/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 2 out of 60Stock RS rank: 120 out of 62510/26/23 close: $230.441 Month avg volatility: $6.62. Volatility stop (for downward breakout): $248.40 or 7.8% above the close.Change YTD: 43.45%Volume: 1,699,700 shares. 3 month avg: 2,769,531 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 top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: ShoeIndustry RS rank: 49 out of 60Stock RS rank: 98 out of 62510/26/23 close: $25.991 Month avg volatility: $0.97. Volatility stop (for downward breakout): $28.28 or 8.8% above the close.Change YTD: 16.65%Volume: 247,700 shares. 3 month avg: 329,342 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 top reversal pattern from 09/01/2023 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: Food ProcessingIndustry RS rank: 58 out of 60Stock RS rank: 555 out of 62510/26/23 close: $40.931 Month avg volatility: $0.86. Volatility stop (for upward breakout): $38.85 or 5.1% below the close.Change YTD: -27.88%Volume: 2,639,500 shares. 3 month avg: 2,769,580 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 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: Information ServicesIndustry RS rank: 27 out of 60Stock RS rank: 257 out of 62510/26/23 close: $64.601 Month avg volatility: $2.04. Volatility stop (for downward breakout): $69.53 or 7.6% above the close.Change YTD: 0.70%Volume: 1,106,400 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: Pipe top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: Household ProductsIndustry RS rank: 50 out of 60Stock RS rank: 289 out of 62510/26/23 close: $92.221 Month avg volatility: $1.62. Volatility stop (for upward breakout): $88.56 or 4.0% below the close.Change YTD: 14.40%Volume: 1,509,600 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: Double Bottom, Adam and Adam reversal pattern from 10/09/2023 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: Human ResourcesIndustry RS rank: 40 out of 60Stock RS rank: 278 out of 62510/26/23 close: $22.711 Month avg volatility: $0.75. Volatility stop (for downward breakout): $24.53 or 8.0% above the close.Change YTD: -14.53%Volume: 308,600 shares. 3 month avg: 226,311 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, Adam and Eve reversal pattern from 09/01/2023 to 09/28/2023Breakout 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: Electric Utility (East)Industry RS rank: 53 out of 60Stock RS rank: 421 out of 62510/26/23 close: $89.201 Month avg volatility: $1.94. Volatility stop (for upward breakout): $84.33 or 5.5% below the close.Change YTD: -13.39%Volume: 3,019,500 shares. 3 month avg: 2,571,354 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 complex bottom reversal pattern from 09/05/2023 to 10/23/2023Breakout 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: Healthcare InformationIndustry RS rank: 42 out of 60Stock RS rank: 593 out of 62510/26/23 close: $23.631 Month avg volatility: $0.91. Volatility stop (for downward breakout): $27.40 or 16.0% above the close.Change YTD: -15.85%Volume: 1,671,600 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Top, Eve and Adam reversal pattern from 10/10/2023 to 10/16/2023Breakout 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: Air TransportIndustry RS rank: 46 out of 60Stock RS rank: 264 out of 62510/26/23 close: $108.501 Month avg volatility: $2.16. Volatility stop (for upward breakout): $102.87 or 5.2% below the close.Change YTD: 4.41%Volume: 1,254,200 shares. 3 month avg: 1,055,643 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Broadening bottom reversal pattern from 08/14/2023 to 10/24/2023Breakout 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: Electric Utility (East)Industry RS rank: 53 out of 60Stock RS rank: 449 out of 62510/26/23 close: $36.061 Month avg volatility: $0.73. Volatility stop (for upward breakout): $34.34 or 4.8% below the close.Change YTD: -14.02%Volume: 3,420,200 shares. 3 month avg: 4,155,280 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 09/06/2023 to 10/23/2023Breakout 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: Chemical (Basic)Industry RS rank: 44 out of 60Stock RS rank: 620 out of 62510/26/23 close: $57.341 Month avg volatility: $2.25. Volatility stop (for downward breakout): $62.89 or 9.7% above the close.Change YTD: -54.05%Volume: 1,642,800 shares. 3 month avg: 929,085 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: Dead-cat bounce continuation pattern from 10/23/2023 to 10/23/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 80 out of 62510/26/23 close: $31.701 Month avg volatility: $1.32. Volatility stop (for downward breakout): $35.30 or 11.4% above the close.Change YTD: 42.60%Volume: 252,700 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: Triple top reversal pattern from 09/29/2023 to 10/19/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 2 out of 60Stock RS rank: 464 out of 62510/26/23 close: $55.721 Month avg volatility: $1.52. Volatility stop (for upward breakout): $52.42 or 5.9% below the close.Change YTD: 13.97%Volume: 5,463,700 shares. 3 month avg: 1,532,971 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Falling wedge from 09/26/2023 to 10/26/2023WARNING: A dead-cat bounce occurred on 08/04/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/03/2023 and a 38% chance by 02/02/2024.Breakout is upward 68% of the time.Average rise: 32%.Break-even failure rate: 11%.Throwbacks occur 56% of the time.Price hits measure rule target 70% of the time.
Industry: Electric Utility (West)Industry RS rank: 57 out of 60Stock RS rank: 625 out of 62510/26/23 close: $13.371 Month avg volatility: $0.45. Volatility stop (for upward breakout): $11.55 or 13.6% below the close.Change YTD: -68.05%Volume: 3,448,000 shares. 3 month avg: 463,472 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Head-and-shoulders bottom reversal pattern from 09/25/2023 to 10/23/2023WARNING: A dead-cat bounce occurred on 08/14/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/13/2023 and a 38% chance by 02/12/2024.Breakout is upward 100% of the time.Average rise: 38%.Break-even failure rate: 3%.Throwbacks occur 45% of the time.Price hits measure rule target 74% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 17 out of 60Stock RS rank: 33 out of 62510/26/23 close: $33.351 Month avg volatility: $0.78. Volatility stop (for downward breakout): $35.48 or 6.4% above the close.Change YTD: 17.31%Volume: 147,900 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: Pipe top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 9 out of 60Stock RS rank: 357 out of 62510/26/23 close: $73.021 Month avg volatility: $1.85. Volatility stop (for downward breakout): $77.89 or 6.7% above the close.Change YTD: -8.14%Volume: 161,900 shares. 3 month avg: 343,494 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 Top, Adam and Adam reversal pattern from 09/14/2023 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: MachineryIndustry RS rank: 31 out of 60Stock RS rank: 408 out of 62510/26/23 close: $20.161 Month avg volatility: $0.65. Volatility stop (for downward breakout): $21.57 or 7.0% above the close.Change YTD: -22.85%Volume: 11,800 shares. 3 month avg: 26,271 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Pipe top reversal pattern from 08/28/2023 to 09/05/2023Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 133 out of 62510/26/23 close: $32.521 Month avg volatility: $1.05. Volatility stop (for downward breakout): $35.31 or 8.6% above the close.Change YTD: 23.04%Volume: 55,000,600 shares. 3 month avg: 27,019,903 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 07/31/2023 to 10/12/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 2 out of 60Stock RS rank: 95 out of 62510/26/23 close: $479.451 Month avg volatility: $13.17. Volatility stop (for downward breakout): $513.27 or 7.1% above the close.Change YTD: 23.18%Volume: 1,556,700 shares. 3 month avg: 1,303,997 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 09/08/2023 to 10/12/2023Breakout 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: 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: 43 out of 62510/26/23 close: $458.241 Month avg volatility: $14.12. Volatility stop (for downward breakout): $506.68 or 10.6% above the close.Change YTD: 21.54%Volume: 1,588,200 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: Pipe top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 68 out of 62510/26/23 close: $70.821 Month avg volatility: $2.45. Volatility stop (for downward breakout): $77.77 or 9.8% above the close.Change YTD: 12.45%Volume: 418,200 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: Triple top reversal pattern from 08/31/2023 to 10/10/2023Breakout 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: 24 out of 60Stock RS rank: 571 out of 62510/26/23 close: $11.831 Month avg volatility: $0.38. Volatility stop (for upward breakout): $10.69 or 9.6% below the close.Change YTD: -42.71%Volume: 7,343,500 shares. 3 month avg: 14,056,392 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 09/21/2023 to 10/13/2023Breakout 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: AdvertisingIndustry RS rank: 56 out of 60Stock RS rank: 585 out of 62510/26/23 close: $1.301 Month avg volatility: $0.11. Volatility stop (for upward breakout): $1.06 or 18.3% below the close.Change YTD: -18.75%Volume: 49,800 shares. 3 month avg: 97,160 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: Big W reversal pattern from 09/25/2023 to 10/09/2023Breakout is upward 71% of the time.Average rise: 31%.Break-even failure rate: 11%.Throwbacks occur 32% of the time.Price hits measure rule target 42% of the time.
Industry: Financial ServicesIndustry RS rank: 39 out of 60Stock RS rank: 300 out of 62510/26/23 close: $364.591 Month avg volatility: $7.19. Volatility stop (for downward breakout): $389.92 or 7.0% above the close.Change YTD: 4.85%Volume: 6,856,000 shares. 3 month avg: 2,793,240 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 07/27/2023 to 10/12/2023Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 43 out of 60Stock RS rank: 540 out of 62510/26/23 close: $36.031 Month avg volatility: $1.02. Volatility stop (for downward breakout): $38.91 or 8.0% above the close.Change YTD: -19.47%Volume: 268,600 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.Chart pattern: Pipe top reversal pattern from 10/09/2023 to 10/16/2023WARNING: 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 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: Furn/Home FurnishingsIndustry RS rank: 17 out of 60Stock RS rank: 19 out of 62510/26/23 close: $22.981 Month avg volatility: $1.01. Volatility stop (for downward breakout): $25.62 or 11.5% above the close.Change YTD: 9.38%Volume: 499,500 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 top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 13 out of 60Stock RS rank: 48 out of 62510/26/23 close: $403.541 Month avg volatility: $10.87. Volatility stop (for upward breakout): $379.80 or 5.9% below the close.Change YTD: 36.85%Volume: 6,694,300 shares. 3 month avg: 6,844,629 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 bottom reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 43 out of 60Stock RS rank: 108 out of 62510/26/23 close: $71.431 Month avg volatility: $1.42. Volatility stop (for downward breakout): $75.77 or 6.1% above the close.Change YTD: 18.93%Volume: 1,243,100 shares. 3 month avg: 2,986,022 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Head-and-shoulders top reversal pattern from 09/29/2023 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: Household ProductsIndustry RS rank: 50 out of 60Stock RS rank: 600 out of 62510/26/23 close: $7.391 Month avg volatility: $0.30. Volatility stop (for upward breakout): $6.51 or 12.0% below the close.Change YTD: -43.50%Volume: 6,248,000 shares. 3 month avg: 7,205,206 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 Adam reversal pattern from 10/12/2023 to 10/23/2023Breakout 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: Electric Utility (East)Industry RS rank: 53 out of 60Stock RS rank: 541 out of 62510/26/23 close: $57.571 Month avg volatility: $2.39. Volatility stop (for upward breakout): $51.90 or 9.8% below the close.Change YTD: -31.14%Volume: 17,113,700 shares. 3 month avg: 6,704,131 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: 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: E-CommerceIndustry RS rank: 3 out of 60Stock RS rank: 13 out of 62510/26/23 close: $34.411 Month avg volatility: $1.24. Volatility stop (for downward breakout): $38.21 or 11.1% above the close.Change YTD: 32.09%Volume: 1,633,300 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 10/09/2023 to 10/16/2023Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 9 out of 62510/26/23 close: $403.261 Month avg volatility: $14.61. Volatility stop (for downward breakout): $451.77 or 12.0% above the close.Change YTD: 175.94%Volume: 53,154,500 shares. 3 month avg: 15,363,712 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: Head-and-shoulders top reversal pattern from 07/14/2023 to 10/12/2023Breakout 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: Packaging and ContainerIndustry RS rank: 30 out of 60Stock RS rank: 113 out of 62510/26/23 close: $150.641 Month avg volatility: $2.81. Volatility stop (for downward breakout): $158.54 or 5.3% above the close.Change YTD: 17.77%Volume: 795,400 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: Triple top reversal pattern from 09/29/2023 to 10/18/2023Breakout 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: Insurance (Life)Industry RS rank: 7 out of 60Stock RS rank: 179 out of 62510/26/23 close: $90.311 Month avg volatility: $1.81. Volatility stop (for downward breakout): $94.99 or 5.2% above the close.Change YTD: -9.20%Volume: 1,371,200 shares. 3 month avg: 1,688,191 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: Head-and-shoulders top reversal pattern from 08/07/2023 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: BiotechnologyIndustry RS rank: 38 out of 60Stock RS rank: 261 out of 62510/26/23 close: $792.011 Month avg volatility: $13.63. Volatility stop (for downward breakout): $825.03 or 4.2% above the close.Change YTD: 9.77%Volume: 350,500 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Double Top, Eve and Adam reversal pattern from 08/23/2023 to 10/13/2023Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 9 out of 60Stock RS rank: 63 out of 62510/26/23 close: $93.221 Month avg volatility: $2.54. Volatility stop (for downward breakout): $99.55 or 6.8% above the close.Change YTD: 11.55%Volume: 304,400 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Top, Adam and Adam reversal pattern from 09/29/2023 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: Toiletries/CosmeticsIndustry RS rank: 59 out of 60Stock RS rank: 607 out of 62510/26/23 close: $8.421 Month avg volatility: $0.34. Volatility stop (for upward breakout): $7.24 or 14.0% below the close.Change YTD: -32.75%Volume: 2,200,400 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: Ugly double bottom reversal pattern from 10/13/2023 to 10/23/2023Breakout 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: IT ServicesIndustry RS rank: 14 out of 60Stock RS rank: 177 out of 62510/26/23 close: $108.321 Month avg volatility: $2.25. Volatility stop (for downward breakout): $113.55 or 4.8% above the close.Change YTD: -2.35%Volume: 201,700 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 top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: ShoeIndustry RS rank: 49 out of 60Stock RS rank: 366 out of 62510/26/23 close: $46.781 Month avg volatility: $1.19. Volatility stop (for downward breakout): $50.49 or 7.9% above the close.Change YTD: 11.51%Volume: 3,124,800 shares. 3 month avg: 3,234,920 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 Adam reversal pattern from 09/29/2023 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: Furn/Home FurnishingsIndustry RS rank: 17 out of 60Stock RS rank: 29 out of 62510/26/23 close: $10.491 Month avg volatility: $0.31. Volatility stop (for downward breakout): $11.32 or 7.9% above the close.Change YTD: 48.37%Volume: 669,300 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: Pipe top reversal pattern from 10/09/2023 to 10/16/2023Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 2 out of 60Stock RS rank: 50 out of 62510/26/23 close: $453.541 Month avg volatility: $12.59. Volatility stop (for downward breakout): $485.77 or 7.1% above the close.Change YTD: 42.05%Volume: 609,000 shares. 3 month avg: 998,728 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: Pipe top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: Diversified Co.Industry RS rank: 36 out of 60Stock RS rank: 93 out of 62510/26/23 close: $76.021 Month avg volatility: $1.67. Volatility stop (for downward breakout): $80.60 or 6.0% above the close.Change YTD: 7.37%Volume: 2,451,000 shares. 3 month avg: 1,342,598 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 Top, Adam and Adam reversal pattern from 09/20/2023 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: AdvertisingIndustry RS rank: 56 out of 60Stock RS rank: 147 out of 62510/26/23 close: $66.221 Month avg volatility: $3.11. Volatility stop (for downward breakout): $77.14 or 16.5% above the close.Change YTD: 47.71%Volume: 9,254,800 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Eve and Eve reversal pattern from 09/12/2023 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: Precision InstrumentIndustry RS rank: 54 out of 60Stock RS rank: 509 out of 62510/26/23 close: $244.451 Month avg volatility: $7.12. Volatility stop (for downward breakout): $259.82 or 6.3% above the close.Change YTD: -28.64%Volume: 906,600 shares. 3 month avg: 398,726 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: Horn top reversal pattern from 08/28/2023 to 09/11/2023Breakout is downward 100% of the time.Average decline: 21%.Break-even failure rate: 7%.Pullbacks occur 33% of the time.Price hits measure rule target 70% of the time.
Industry: Financial ServicesIndustry RS rank: 39 out of 60Stock RS rank: 155 out of 62510/26/23 close: $11.671 Month avg volatility: $0.32. Volatility stop (for downward breakout): $13.38 or 14.7% above the close.Change YTD: -15.25%Volume: 13,508,000 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 Top, Adam and Eve reversal pattern from 09/28/2023 to 10/24/2023Breakout 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: Information ServicesIndustry RS rank: 27 out of 60Stock RS rank: 344 out of 62510/26/23 close: $166.091 Month avg volatility: $5.31. Volatility stop (for downward breakout): $196.04 or 18.0% above the close.Change YTD: 1.49%Volume: 953,700 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.Chart pattern: Head-and-shoulders top reversal pattern from 08/10/2023 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: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 12 out of 60Stock RS rank: 51 out of 62510/26/23 close: $144.231 Month avg volatility: $3.85. Volatility stop (for downward breakout): $160.18 or 11.1% above the close.Change YTD: 25.50%Volume: 1,470,400 shares. 3 month avg: 1,925,938 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Pipe top reversal pattern from 10/09/2023 to 10/16/2023Breakout 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: Precision InstrumentIndustry RS rank: 54 out of 60Stock RS rank: 34 out of 62510/26/23 close: $121.231 Month avg volatility: $2.44. Volatility stop (for downward breakout): $127.31 or 5.0% above the close.Change YTD: 25.48%Volume: 200,000 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: Triple top reversal pattern from 08/01/2023 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.
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