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

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.

Definitions

RS is relative strength (where 1 is best). For other definitions, see the glossary.

'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.

All numbers assume a bull market and are based on the breakout direction that occurs most often.

For more information, consult my book, Encyclopedia of Chart Patterns.

3M Company (MMM)

Industry: Diversified Co.

Industry RS rank: 40 out of 60

Stock RS rank: 455 out of 625

11/2/23 close: $92.31

1 Month avg volatility: $1.78. Volatility stop (for upward breakout): $87.47 or 5.2% below the close.

Change YTD: -23.02%

Volume: 2,611,900 shares. 3 month avg: 3,021,471 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

Chart pattern: Head-and-shoulders bottom reversal pattern from 10/06/2023 to 10/27/2023

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Adobe Systems (ADBE)

Industry: Computer Software and Svcs

Industry RS rank: 2 out of 60

Stock RS rank: 5 out of 625

11/2/23 close: $558.71

1 Month avg volatility: $14.54. Volatility stop (for downward breakout): $588.44 or 5.3% above the close.

Change YTD: 66.02%

Volume: 2,279,700 shares. 3 month avg: 3,137,863 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 10/16/2023

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.

Alarm.com Holdings inc (ALRM)

Industry: Computer Software and Svcs

Industry RS rank: 2 out of 60

Stock RS rank: 150 out of 625

11/2/23 close: $51.93

1 Month avg volatility: $1.34. Volatility stop (for downward breakout): $55.52 or 6.9% above the close.

Change YTD: 4.95%

Volume: 369,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 08/11/2023 to 09/25/2023

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.

American Eagle Outfitters Inc. (AEO)

Industry: Apparel

Industry RS rank: 23 out of 60

Stock RS rank: 22 out of 625

11/2/23 close: $18.31

1 Month avg volatility: $0.63. Volatility stop (for upward breakout): $16.35 or 10.7% below the close.

Change YTD: 31.16%

Volume: 5,281,800 shares. 3 month avg: 4,309,748 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: Triangle, ascending reversal pattern from 10/12/2023 to 11/02/2023

Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

American Express Co (AXP)

Industry: Financial Services

Industry RS rank: 34 out of 60

Stock RS rank: 317 out of 625

11/2/23 close: $150.85

1 Month avg volatility: $3.16. Volatility stop (for upward breakout): $142.02 or 5.9% below the close.

Change YTD: 2.10%

Volume: 3,090,800 shares. 3 month avg: 3,419,958 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 10/23/2023 to 10/27/2023

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.

American International Group (AIG)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 25 out of 60

Stock RS rank: 68 out of 625

11/2/23 close: $64.36

1 Month avg volatility: $1.24. Volatility stop (for upward breakout): $60.43 or 6.1% below the close.

Change YTD: 1.77%

Volume: 7,205,900 shares. 3 month avg: 5,185,998 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: Three Rising Valleys reversal pattern from 08/22/2023 to 10/23/2023

Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

Antero Resources Corp (AR)

Industry: Natural Gas (Diversified)

Industry RS rank: 9 out of 60

Stock RS rank: 18 out of 625

11/2/23 close: $30.43

1 Month avg volatility: $0.99. Volatility stop (for upward breakout): $27.33 or 10.2% below the close.

Change YTD: -1.81%

Volume: 3,448,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.

Chart pattern: Ugly double bottom reversal pattern from 10/04/2023 to 10/26/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

ArcBest Corp (ARCB)

Industry: Trucking/Transp. Leasing

Industry RS rank: 22 out of 60

Stock RS rank: 48 out of 625

11/2/23 close: $117.41

1 Month avg volatility: $3.93. Volatility stop (for upward breakout): $106.12 or 9.6% below the close.

Change YTD: 67.63%

Volume: 496,300 shares. 3 month avg: 234,063 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe bottom reversal pattern from 10/16/2023 to 10/23/2023

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.

Avista (AVA)

Industry: Electric Utility (West)

Industry RS rank: 57 out of 60

Stock RS rank: 542 out of 625

11/2/23 close: $34.34

1 Month avg volatility: $0.68. Volatility stop (for upward breakout): $32.23 or 6.2% below the close.

Change YTD: -22.55%

Volume: 838,900 shares. 3 month avg: 396,820 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Bottom, Eve and Eve reversal pattern from 10/03/2023 to 10/23/2023

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.

Axis Capital Holdings Ltd (AXS)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 25 out of 60

Stock RS rank: 335 out of 625

11/2/23 close: $54.00

1 Month avg volatility: $1.40. Volatility stop (for downward breakout): $61.68 or 14.2% above the close.

Change YTD: -0.31%

Volume: 1,193,400 shares. 3 month avg: 808,385 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: Head-and-shoulders top reversal pattern from 09/20/2023 to 11/02/2023

Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

Bassett Furniture Industries Inc (BSET)

Industry: Furn/Home Furnishings

Industry RS rank: 17 out of 60

Stock RS rank: 197 out of 625

11/2/23 close: $15.88

1 Month avg volatility: $0.34. Volatility stop (for upward breakout): $14.81 or 6.8% below the close.

Change YTD: -8.63%

Volume: 19,500 shares. 3 month avg: 28,538 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 Friday.

Chart pattern: Ugly double bottom reversal pattern from 09/29/2023 to 10/16/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Cemex SA de CV (CX)

Industry: Cement and Aggregates

Industry RS rank: 7 out of 60

Stock RS rank: 281 out of 625

11/2/23 close: $6.43

1 Month avg volatility: $0.24. Volatility stop (for upward breakout): $5.75 or 10.5% below the close.

Change YTD: 58.77%

Volume: 6,165,100 shares. 3 month avg: 9,928,860 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

Chart pattern: Triangle, symmetrical continuation pattern from 09/29/2023 to 11/01/2023

Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

CF Industries Holdings, Inc. (CF)

Industry: Chemical (Basic)

Industry RS rank: 45 out of 60

Stock RS rank: 202 out of 625

11/2/23 close: $80.32

1 Month avg volatility: $2.27. Volatility stop (for downward breakout): $85.17 or 6.0% above the close.

Change YTD: -5.73%

Volume: 2,819,500 shares. 3 month avg: 3,754,700 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 09/26/2023 to 10/10/2023

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.

Cleveland-Cliffs Inc (CLF)

Industry: Metals and Mining (Div.)

Industry RS rank: 49 out of 60

Stock RS rank: 145 out of 625

11/2/23 close: $17.19

1 Month avg volatility: $0.56. Volatility stop (for upward breakout): $15.74 or 8.4% below the close.

Change YTD: 6.70%

Volume: 9,488,000 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 10/16/2023 to 10/23/2023

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.

Cross Country Healthcare Inc (CCRN)

Industry: Human Resources

Industry RS rank: 31 out of 60

Stock RS rank: 409 out of 625

11/2/23 close: $19.91

1 Month avg volatility: $0.92. Volatility stop (for downward breakout): $22.63 or 13.7% above the close.

Change YTD: -25.07%

Volume: 1,568,600 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: Dead-cat bounce continuation pattern from 11/02/2023 to 11/02/2023

Breakout is downward 67% of the time.
Average decline: 18%.

Encore Wire Corp (WIRE)

Industry: Metals and Mining (Div.)

Industry RS rank: 49 out of 60

Stock RS rank: 185 out of 625

11/2/23 close: $182.26

1 Month avg volatility: $5.54. Volatility stop (for downward breakout): $193.81 or 6.3% above the close.

Change YTD: 32.49%

Volume: 144,500 shares. 3 month avg: 88,880 shares.
This security may be thinly traded (less than 100k 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 09/29/2023 to 10/17/2023

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.

Estee Lauder, Cos (EL)

Industry: Toiletries/Cosmetics

Industry RS rank: 59 out of 60

Stock RS rank: 611 out of 625

11/2/23 close: $114.38

1 Month avg volatility: $4.75. Volatility stop (for downward breakout): $124.39 or 8.8% above the close.

Change YTD: -53.90%

Volume: 6,918,200 shares. 3 month avg: 1,843,415 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: Dead-cat bounce continuation pattern from 11/01/2023 to 11/01/2023

Breakout is downward 67% of the time.
Average decline: 18%.

Exelon Corp. (EXC)

Industry: Electric Utility (East)

Industry RS rank: 53 out of 60

Stock RS rank: 366 out of 625

11/2/23 close: $40.70

1 Month avg volatility: $0.83. Volatility stop (for upward breakout): $37.83 or 7.1% below the close.

Change YTD: -5.85%

Volume: 6,466,100 shares. 3 month avg: 5,244,875 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: Ugly double bottom reversal pattern from 10/03/2023 to 10/23/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

FirstEnergy Corp. (FE)

Industry: Electric Utility (East)

Industry RS rank: 53 out of 60

Stock RS rank: 399 out of 625

11/2/23 close: $36.57

1 Month avg volatility: $0.63. Volatility stop (for upward breakout): $34.82 or 4.8% below the close.

Change YTD: -12.80%

Volume: 2,928,900 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: Ugly double bottom reversal pattern from 10/03/2023 to 10/23/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

General Mills Inc (GIS)

Industry: Food Processing

Industry RS rank: 58 out of 60

Stock RS rank: 565 out of 625

11/2/23 close: $66.24

1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $62.50 or 5.7% below the close.

Change YTD: -21.00%

Volume: 3,586,500 shares. 3 month avg: 4,139,065 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: Ugly double bottom reversal pattern from 10/06/2023 to 10/30/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

HealthEquity, Inc (HQY)

Industry: Healthcare Information

Industry RS rank: 48 out of 60

Stock RS rank: 49 out of 625

11/2/23 close: $66.49

1 Month avg volatility: $2.11. Volatility stop (for downward breakout): $72.90 or 9.6% above the close.

Change YTD: 7.87%

Volume: 1,201,800 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 09/28/2023 to 10/13/2023

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.

IDACORP Inc (IDA)

Industry: Electric Utility (West)

Industry RS rank: 57 out of 60

Stock RS rank: 458 out of 625

11/2/23 close: $99.40

1 Month avg volatility: $1.92. Volatility stop (for upward breakout): $92.60 or 6.8% below the close.

Change YTD: -7.83%

Volume: 359,100 shares. 3 month avg: 199,551 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: Head-and-shoulders complex bottom reversal pattern from 08/21/2023 to 10/31/2023

Breakout 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.

Integer Holdings Corp (ITGR)

Industry: Electronics

Industry RS rank: 39 out of 60

Stock RS rank: 272 out of 625

11/2/23 close: $83.72

1 Month avg volatility: $2.43. Volatility stop (for upward breakout): $77.78 or 7.1% below the close.

Change YTD: 22.29%

Volume: 234,800 shares. 3 month avg: 128,783 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe bottom reversal pattern from 10/16/2023 to 10/23/2023

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.

Interface, Inc. (TILE)

Industry: Furn/Home Furnishings

Industry RS rank: 17 out of 60

Stock RS rank: 78 out of 625

11/2/23 close: $9.42

1 Month avg volatility: $0.28. Volatility stop (for downward breakout): $9.99 or 6.0% above the close.

Change YTD: -4.56%

Volume: 272,000 shares. 3 month avg: 457,515 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: Head-and-shoulders complex top reversal pattern from 09/14/2023 to 10/05/2023

Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

Kulicke and Soffa (KLIC)

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

Industry RS rank: 4 out of 60

Stock RS rank: 410 out of 625

11/2/23 close: $43.81

1 Month avg volatility: $1.20. Volatility stop (for upward breakout): $39.94 or 8.8% below the close.

Change YTD: -1.02%

Volume: 472,700 shares. 3 month avg: 518,337 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 10/25/2023 to 11/01/2023

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.

Leidos Holdings Inc (LDOS)

Industry: IT Services

Industry RS rank: 13 out of 60

Stock RS rank: 57 out of 625

11/2/23 close: $103.18

1 Month avg volatility: $2.07. Volatility stop (for upward breakout): $96.02 or 6.9% below the close.

Change YTD: -1.91%

Volume: 1,381,100 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: Head-and-shoulders bottom reversal pattern from 09/26/2023 to 10/27/2023

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Lilly, Eli and Co. (LLY)

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

Industry RS rank: 33 out of 60

Stock RS rank: 37 out of 625

11/2/23 close: $580.29

1 Month avg volatility: $16.55. Volatility stop (for downward breakout): $630.53 or 8.7% above the close.

Change YTD: 58.62%

Volume: 5,140,000 shares. 3 month avg: 2,964,762 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 10/16/2023

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.

Lockheed Martin Corp (LMT)

Industry: Aerospace/Defense

Industry RS rank: 28 out of 60

Stock RS rank: 288 out of 625

11/2/23 close: $458.04

1 Month avg volatility: $8.31. Volatility stop (for upward breakout): $434.12 or 5.2% below the close.

Change YTD: -5.85%

Volume: 1,224,700 shares. 3 month avg: 1,203,803 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: Ugly double bottom reversal pattern from 10/06/2023 to 10/27/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

M/I Homes, Inc. (MHO)

Industry: Homebuilding

Industry RS rank: 14 out of 60

Stock RS rank: 34 out of 625

11/2/23 close: $91.52

1 Month avg volatility: $2.64. Volatility stop (for upward breakout): $83.92 or 8.3% below the close.

Change YTD: 98.18%

Volume: 528,400 shares. 3 month avg: 297,328 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

Chart pattern: Pipe bottom reversal pattern from 10/16/2023 to 10/23/2023

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.

MGE Energy Inc (MGEE)

Industry: Electric Utility (Central)

Industry RS rank: 52 out of 60

Stock RS rank: 364 out of 625

11/2/23 close: $74.33

1 Month avg volatility: $1.31. Volatility stop (for upward breakout): $70.55 or 5.1% below the close.

Change YTD: 5.58%

Volume: 72,600 shares. 3 month avg: 83,160 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: Ugly double bottom reversal pattern from 10/03/2023 to 10/25/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Omnicom Group (OMC)

Industry: Advertising

Industry RS rank: 47 out of 60

Stock RS rank: 477 out of 625

11/2/23 close: $76.60

1 Month avg volatility: $1.45. Volatility stop (for upward breakout): $72.00 or 6.0% below the close.

Change YTD: -6.09%

Volume: 1,010,200 shares. 3 month avg: 2,548,395 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: Triangle, symmetrical continuation pattern from 10/04/2023 to 11/01/2023

Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

ON Semiconductor Corp (ON)

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

Industry RS rank: 6 out of 60

Stock RS rank: 502 out of 625

11/2/23 close: $66.63

1 Month avg volatility: $3.28. Volatility stop (for downward breakout): $73.89 or 10.9% above the close.

Change YTD: 6.83%

Volume: 11,606,600 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: Dead-cat bounce continuation pattern from 10/30/2023 to 10/30/2023

Breakout is downward 67% of the time.
Average decline: 18%.

Palo Alto Networks Inc (PANW)

Industry: Computer Software and Svcs

Industry RS rank: 2 out of 60

Stock RS rank: 27 out of 625

11/2/23 close: $250.36

1 Month avg volatility: $7.46. Volatility stop (for downward breakout): $267.00 or 6.6% above the close.

Change YTD: 79.42%

Volume: 3,443,500 shares. 3 month avg: 1,496,697 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 10/16/2023

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.

Park Electrochemical (PKE)

Industry: Chemical (Specialty)

Industry RS rank: 30 out of 60

Stock RS rank: 149 out of 625

11/2/23 close: $14.84

1 Month avg volatility: $0.37. Volatility stop (for upward breakout): $13.89 or 6.4% below the close.

Change YTD: 10.66%

Volume: 69,800 shares. 3 month avg: 77,045 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.

Chart pattern: Triangle, symmetrical continuation pattern from 10/06/2023 to 10/31/2023

Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

Patrick Industries Inc (PATK)

Industry: Retail Building Supply

Industry RS rank: 32 out of 60

Stock RS rank: 103 out of 625

11/2/23 close: $79.46

1 Month avg volatility: $2.13. Volatility stop (for upward breakout): $73.19 or 7.9% below the close.

Change YTD: 31.12%

Volume: 135,900 shares. 3 month avg: 94,083 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 Thursday.

Chart pattern: Triple bottom reversal pattern from 10/09/2023 to 10/26/2023

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

PetMed Express Inc. (PETS)

Industry: Medical Services

Industry RS rank: 36 out of 60

Stock RS rank: 616 out of 625

11/2/23 close: $7.19

1 Month avg volatility: $0.48. Volatility stop (for downward breakout): $8.33 or 15.9% above the close.

Change YTD: -59.38%

Volume: 676,500 shares. 3 month avg: 739,945 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: Dead-cat bounce continuation pattern from 10/31/2023 to 10/31/2023

Breakout is downward 67% of the time.
Average decline: 18%.

PG and E (PCG)

Industry: Electric Utility (West)

Industry RS rank: 57 out of 60

Stock RS rank: 350 out of 625

11/2/23 close: $16.76

1 Month avg volatility: $0.38. Volatility stop (for upward breakout): $15.90 or 5.2% below the close.

Change YTD: 3.08%

Volume: 22,767,500 shares. 3 month avg: 5,870,049 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 bottom reversal pattern from 10/02/2023 to 10/09/2023

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.

Public Service Enterprise Group PEG (PEG)

Industry: Electric Utility (East)

Industry RS rank: 53 out of 60

Stock RS rank: 301 out of 625

11/2/23 close: $63.42

1 Month avg volatility: $1.26. Volatility stop (for upward breakout): $59.66 or 5.9% below the close.

Change YTD: 3.51%

Volume: 3,067,700 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: Ugly double bottom reversal pattern from 10/03/2023 to 10/23/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Sally Beauty (SBH)

Industry: Toiletries/Cosmetics

Industry RS rank: 59 out of 60

Stock RS rank: 604 out of 625

11/2/23 close: $9.01

1 Month avg volatility: $0.33. Volatility stop (for upward breakout): $7.94 or 11.8% below the close.

Change YTD: -28.04%

Volume: 1,453,600 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 10/09/2023 to 10/16/2023

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.

Selective Insurance Group Inc (SIGI)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 25 out of 60

Stock RS rank: 246 out of 625

11/2/23 close: $105.35

1 Month avg volatility: $2.52. Volatility stop (for downward breakout): $113.22 or 7.5% above the close.

Change YTD: 18.89%

Volume: 380,700 shares. 3 month avg: 158,554 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: Diamond top reversal pattern from 09/25/2023 to 11/01/2023

Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

Sempra Energy (SRE)

Industry: Electric Utility (West)

Industry RS rank: 57 out of 60

Stock RS rank: 391 out of 625

11/2/23 close: $72.08

1 Month avg volatility: $1.49. Volatility stop (for upward breakout): $67.48 or 6.4% below the close.

Change YTD: -6.72%

Volume: 3,312,100 shares. 3 month avg: 1,356,452 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: Ugly double bottom reversal pattern from 10/03/2023 to 10/23/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Sherwin-Williams Co (SHW)

Industry: Chemical (Basic)

Industry RS rank: 45 out of 60

Stock RS rank: 240 out of 625

11/2/23 close: $245.32

1 Month avg volatility: $5.82. Volatility stop (for upward breakout): $228.35 or 6.9% below the close.

Change YTD: 3.37%

Volume: 1,494,400 shares. 3 month avg: 564,294 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 10/24/2023 to 10/30/2023

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.

Targa Resources Corp (TRGP)

Industry: Natural Gas (Diversified)

Industry RS rank: 9 out of 60

Stock RS rank: 63 out of 625

11/2/23 close: $90.25

1 Month avg volatility: $2.04. Volatility stop (for upward breakout): $78.89 or 12.6% below the close.

Change YTD: 22.79%

Volume: 4,046,300 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: Ugly double bottom reversal pattern from 10/05/2023 to 10/30/2023

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Teva Pharmaceutical Industries (TEVA)

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

Industry RS rank: 33 out of 60

Stock RS rank: 309 out of 625

11/2/23 close: $8.78

1 Month avg volatility: $0.30. Volatility stop (for upward breakout): $8.12 or 7.5% below the close.

Change YTD: -3.73%

Volume: 5,096,300 shares. 3 month avg: 26,334,894 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 10/23/2023 to 10/27/2023

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.

Visa (V)

Industry: Financial Services

Industry RS rank: 34 out of 60

Stock RS rank: 219 out of 625

11/2/23 close: $243.25

1 Month avg volatility: $3.64. Volatility stop (for upward breakout): $231.92 or 4.7% below the close.

Change YTD: 17.08%

Volume: 5,970,700 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: Triple bottom reversal pattern from 09/27/2023 to 10/27/2023

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

W. R. Berkley Corp (WRB)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 25 out of 60

Stock RS rank: 117 out of 625

11/2/23 close: $67.81

1 Month avg volatility: $1.22. Volatility stop (for upward breakout): $64.55 or 4.8% below the close.

Change YTD: -6.56%

Volume: 1,224,300 shares. 3 month avg: 1,243,968 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: Three Rising Valleys reversal pattern from 08/23/2023 to 10/23/2023

Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

Wheaton Precious Metals Corp (WPM)

Industry: Metals and Mining (Div.)

Industry RS rank: 49 out of 60

Stock RS rank: 498 out of 625

11/2/23 close: $43.25

1 Month avg volatility: $1.03. Volatility stop (for downward breakout): $45.65 or 5.6% above the close.

Change YTD: 11.03%

Volume: 1,675,500 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: Diamond top reversal pattern from 10/17/2023 to 11/02/2023

Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

First Trust DJ Internet ETF (FDN)

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

Industry RS rank: 16 out of 60

Stock RS rank: 162 out of 625

11/2/23 close: $155.40

1 Month avg volatility: $3.20. Volatility stop (for downward breakout): $162.80 or 4.8% above the close.

Change YTD: 26.19%

Volume: 1,184,300 shares. 3 month avg: 212,098 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 07/19/2023 to 09/11/2023

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.

iShares PHLX SOX Semiconductor Sector (SOXX)

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

Industry RS rank: 6 out of 60

Stock RS rank: 155 out of 625

11/2/23 close: $463.09

1 Month avg volatility: $10.82. Volatility stop (for downward breakout): $488.04 or 5.4% above the close.

Change YTD: 33.08%

Volume: 886,700 shares. 3 month avg: 570,480 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: Head-and-shoulders complex top reversal pattern from 06/14/2023 to 09/05/2023

Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

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