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.

Adobe Systems (ADBE)

Industry: Computer Software and Svcs

Industry RS rank: 1 out of 60

Stock RS rank: 5 out of 623

11/9/23 close: $577.74

1 Month avg volatility: $14.76. Volatility stop (for upward breakout): $546.82 or 5.4% below the close.

Change YTD: 71.68%

Volume: 2,308,800 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 bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

ADTRAN Inc (ADTN)

Industry: Telecom. Equipment

Industry RS rank: 37 out of 60

Stock RS rank: 606 out of 623

11/9/23 close: $5.01

1 Month avg volatility: $0.33. Volatility stop (for downward breakout): $6.01 or 20.0% above the close.

Change YTD: -73.34%

Volume: 1,793,600 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: Dead-cat bounce continuation pattern from 11/07/2023 to 11/07/2023

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

Advanced Micro Devices, Inc (AMD)

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

Industry RS rank: 4 out of 60

Stock RS rank: 109 out of 623

11/9/23 close: $113.49

1 Month avg volatility: $3.80. Volatility stop (for upward breakout): $105.45 or 7.1% below the close.

Change YTD: 75.22%

Volume: 60,631,600 shares. 3 month avg: 61,894,658 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.

Chart pattern: Double Bottom, Eve and Eve reversal pattern from 09/25/2023 to 10/26/2023

Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

Air Products and Chemicals, Inc. (APD)

Industry: Chemical (Diversified)

Industry RS rank: 53 out of 60

Stock RS rank: 376 out of 623

11/9/23 close: $263.99

1 Month avg volatility: $5.77. Volatility stop (for downward breakout): $275.85 or 4.5% above the close.

Change YTD: -14.36%

Volume: 1,877,000 shares. 3 month avg: 1,051,743 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 10/12/2023 to 11/03/2023

Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

Air Transport Services Group (ATSG)

Industry: Air Transport

Industry RS rank: 49 out of 60

Stock RS rank: 402 out of 623

11/9/23 close: $14.44

1 Month avg volatility: $0.67. Volatility stop (for downward breakout): $16.45 or 13.9% above the close.

Change YTD: -44.42%

Volume: 1,027,100 shares. 3 month avg: 530,657 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 11/07/2023 to 11/07/2023

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

Apple Inc. (AAPL)

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

Industry RS rank: 43 out of 60

Stock RS rank: 230 out of 623

11/9/23 close: $182.41

1 Month avg volatility: $3.00. Volatility stop (for upward breakout): $175.81 or 3.6% below the close.

Change YTD: 40.39%

Volume: 52,447,100 shares. 3 month avg: 27,687,312 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.

Chart pattern: Double Bottom, Adam and Eve reversal pattern from 09/28/2023 to 10/26/2023

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.

Autodesk Inc (ADSK)

Industry: Computer Software and Svcs

Industry RS rank: 1 out of 60

Stock RS rank: 244 out of 623

11/9/23 close: $204.68

1 Month avg volatility: $4.70. Volatility stop (for upward breakout): $195.00 or 4.7% below the close.

Change YTD: 9.53%

Volume: 839,300 shares. 3 month avg: 2,150,943 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 10/23/2023 to 10/30/2023

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.

Cadence Design Systems Inc (CDNS)

Industry: Computer Software and Svcs

Industry RS rank: 1 out of 60

Stock RS rank: 57 out of 623

11/9/23 close: $256.45

1 Month avg volatility: $5.73. Volatility stop (for upward breakout): $243.67 or 5.0% below the close.

Change YTD: 59.64%

Volume: 1,136,300 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 bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

Campbell Soup Co (CPB)

Industry: Food Processing

Industry RS rank: 58 out of 60

Stock RS rank: 568 out of 623

11/9/23 close: $40.64

1 Month avg volatility: $0.72. Volatility stop (for upward breakout): $38.70 or 4.8% below the close.

Change YTD: -28.39%

Volume: 1,763,500 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: 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.

Cemex SA de CV (CX)

Industry: Cement and Aggregates

Industry RS rank: 13 out of 60

Stock RS rank: 264 out of 623

11/9/23 close: $6.82

1 Month avg volatility: $0.23. Volatility stop (for upward breakout): $6.36 or 6.8% below the close.

Change YTD: 68.40%

Volume: 6,461,200 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: 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.

Ceridan HCM Holdings Inc (CDAY)

Industry: Information Services

Industry RS rank: 21 out of 60

Stock RS rank: 163 out of 623

11/9/23 close: $64.97

1 Month avg volatility: $2.32. Volatility stop (for downward breakout): $72.12 or 11.0% above the close.

Change YTD: 1.28%

Volume: 1,174,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 09/12/2023 to 10/11/2023

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.

Cigna Corp (CI)

Industry: Medical Services

Industry RS rank: 35 out of 60

Stock RS rank: 179 out of 623

11/9/23 close: $288.91

1 Month avg volatility: $6.87. Volatility stop (for downward breakout): $310.58 or 7.5% above the close.

Change YTD: -12.81%

Volume: 1,386,700 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, Eve and Adam reversal pattern from 10/17/2023 to 11/02/2023

Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

ConAgra Brands Inc (CAG)

Industry: Food Processing

Industry RS rank: 58 out of 60

Stock RS rank: 559 out of 623

11/9/23 close: $27.94

1 Month avg volatility: $0.51. Volatility stop (for upward breakout): $26.67 or 4.5% below the close.

Change YTD: -27.80%

Volume: 4,928,700 shares. 3 month avg: 3,423,360 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.

Chart pattern: Triangle, ascending reversal pattern from 10/10/2023 to 11/08/2023

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.

Coty (COTY)

Industry: Toiletries/Cosmetics

Industry RS rank: 60 out of 60

Stock RS rank: 505 out of 623

11/9/23 close: $9.77

1 Month avg volatility: $0.36. Volatility stop (for upward breakout): $8.91 or 8.8% below the close.

Change YTD: 14.14%

Volume: 6,872,100 shares. 3 month avg: 5,764,371 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.

Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

CTS Corp (CTS)

Industry: Electronics

Industry RS rank: 38 out of 60

Stock RS rank: 431 out of 623

11/9/23 close: $37.81

1 Month avg volatility: $1.16. Volatility stop (for upward breakout): $35.28 or 6.7% below the close.

Change YTD: -4.08%

Volume: 140,400 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

Dominion Resources Inc. (D)

Industry: Electric Utility (East)

Industry RS rank: 55 out of 60

Stock RS rank: 536 out of 623

11/9/23 close: $44.87

1 Month avg volatility: $1.15. Volatility stop (for upward breakout): $42.29 or 5.7% below the close.

Change YTD: -26.83%

Volume: 6,259,000 shares. 3 month avg: 2,249,422 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 10/06/2023 to 10/23/2023

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.

DTE Energy Company (DTE)

Industry: Electric Utility (Central)

Industry RS rank: 54 out of 60

Stock RS rank: 481 out of 623

11/9/23 close: $98.50

1 Month avg volatility: $1.95. Volatility stop (for upward breakout): $94.47 or 4.1% below the close.

Change YTD: -16.19%

Volume: 2,055,800 shares. 3 month avg: 979,609 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 10/11/2023 to 11/03/2023

Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

Eagle Materials Inc. (EXP)

Industry: Cement and Aggregates

Industry RS rank: 13 out of 60

Stock RS rank: 252 out of 623

11/9/23 close: $165.12

1 Month avg volatility: $3.51. Volatility stop (for upward breakout): $157.43 or 4.7% below the close.

Change YTD: 24.29%

Volume: 172,200 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

Emcore Group Inc (EME)

Industry: Industrial Services

Industry RS rank: 19 out of 60

Stock RS rank: 55 out of 623

11/9/23 close: $209.09

1 Month avg volatility: $4.66. Volatility stop (for upward breakout): $198.03 or 5.3% below the close.

Change YTD: 41.17%

Volume: 182,800 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 10/16/2023 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.

Encore Wire Corp (WIRE)

Industry: Metals and Mining (Div.)

Industry RS rank: 48 out of 60

Stock RS rank: 215 out of 623

11/9/23 close: $182.41

1 Month avg volatility: $5.69. Volatility stop (for upward breakout): $170.61 or 6.5% below the close.

Change YTD: 32.60%

Volume: 147,300 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 Tuesday, 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.

EPAM Systems Inc (EPAM)

Industry: IT Services

Industry RS rank: 5 out of 60

Stock RS rank: 274 out of 623

11/9/23 close: $237.02

1 Month avg volatility: $7.28. Volatility stop (for upward breakout): $219.99 or 7.2% below the close.

Change YTD: -27.68%

Volume: 531,100 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 10/23/2023 to 10/30/2023

WARNING: A dead-cat bounce occurred on 06/05/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 12/04/2023.
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.

Fair Isaac Corp (FICO)

Industry: IT Services

Industry RS rank: 5 out of 60

Stock RS rank: 50 out of 623

11/9/23 close: $962.70

1 Month avg volatility: $30.48. Volatility stop (for upward breakout): $839.05 or 12.8% below the close.

Change YTD: 60.83%

Volume: 342,900 shares. 3 month avg: 162,437 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 10/23/2023 to 10/30/2023

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.

Fidelity National Information Svcs (FIS)

Industry: Computer Software and Svcs

Industry RS rank: 1 out of 60

Stock RS rank: 377 out of 623

11/9/23 close: $51.78

1 Month avg volatility: $1.36. Volatility stop (for upward breakout): $48.88 or 5.6% below the close.

Change YTD: -23.68%

Volume: 4,945,900 shares. 3 month avg: 1,473,917 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 10/23/2023 to 10/30/2023

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.

Fiserv, Inc (FISV)

Industry: IT Services

Industry RS rank: 5 out of 60

Stock RS rank: 286 out of 623

11/9/23 close: $119.38

1 Month avg volatility: $2.18. Volatility stop (for upward breakout): $114.06 or 4.5% below the close.

Change YTD: 18.12%

Volume: 2,686,600 shares. 3 month avg: 915,811 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 bottom reversal pattern from 10/03/2023 to 10/30/2023

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.

Fortinet Inc (FTNT)

Industry: Computer Software and Svcs

Industry RS rank: 1 out of 60

Stock RS rank: 571 out of 623

11/9/23 close: $49.67

1 Month avg volatility: $1.77. Volatility stop (for downward breakout): $54.50 or 9.7% above the close.

Change YTD: 1.60%

Volume: 9,593,100 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: Dead-cat bounce continuation pattern from 11/03/2023 to 11/03/2023

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

Gartner Inc (IT)

Industry: IT Services

Industry RS rank: 5 out of 60

Stock RS rank: 37 out of 623

11/9/23 close: $401.35

1 Month avg volatility: $7.98. Volatility stop (for upward breakout): $381.47 or 5.0% below the close.

Change YTD: 19.40%

Volume: 415,200 shares. 3 month avg: 564,655 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 08/18/2023 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.

GoPro (GPRO)

Industry: Electronics

Industry RS rank: 38 out of 60

Stock RS rank: 579 out of 623

11/9/23 close: $2.93

1 Month avg volatility: $0.14. Volatility stop (for upward breakout): $2.59 or 11.7% below the close.

Change YTD: -41.16%

Volume: 2,979,300 shares. 3 month avg: 5,624,629 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 10/23/2023 to 10/30/2023

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.

Graco Incorporated (GGG)

Industry: Machinery

Industry RS rank: 30 out of 60

Stock RS rank: 319 out of 623

11/9/23 close: $76.64

1 Month avg volatility: $1.53. Volatility stop (for upward breakout): $73.22 or 4.5% below the close.

Change YTD: 13.95%

Volume: 600,600 shares. 3 month avg: 251,886 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 10/16/2023 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.

Griffon Corp (GFF)

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

Industry RS rank: 12 out of 60

Stock RS rank: 19 out of 623

11/9/23 close: $42.88

1 Month avg volatility: $0.90. Volatility stop (for upward breakout): $40.34 or 5.9% below the close.

Change YTD: 19.81%

Volume: 392,200 shares. 3 month avg: 83,558 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 Tuesday.

Chart pattern: Triple bottom reversal pattern from 09/19/2023 to 10/23/2023

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.

Hanesbrand Inc. (HBI)

Industry: Apparel

Industry RS rank: 14 out of 60

Stock RS rank: 353 out of 623

11/9/23 close: $4.00

1 Month avg volatility: $0.19. Volatility stop (for downward breakout): $4.95 or 23.7% above the close.

Change YTD: -37.11%

Volume: 14,879,000 shares. 3 month avg: 6,164,918 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.

Chart pattern: Double Top, Eve and Eve reversal pattern from 10/19/2023 to 11/03/2023

Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

Insulet Corporation (PODD)

Industry: Medical Supplies

Industry RS rank: 59 out of 60

Stock RS rank: 615 out of 623

11/9/23 close: $152.88

1 Month avg volatility: $7.46. Volatility stop (for upward breakout): $136.65 or 10.6% below the close.

Change YTD: -48.07%

Volume: 745,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Double Bottom, Adam and Adam reversal pattern from 10/12/2023 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.

Invitae Corp (NVTA)

Industry: Medical Services

Industry RS rank: 35 out of 60

Stock RS rank: 623 out of 623

11/9/23 close: $0.42

1 Month avg volatility: $0.06. Volatility stop (for downward breakout): $0.73 or 73.5% above the close.

Change YTD: -77.41%

Volume: 27,108,500 shares. 3 month avg: 321,822 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: Dead-cat bounce continuation pattern from 11/09/2023 to 11/09/2023

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

Jack Henry and Associates (JKHY)

Industry: IT Services

Industry RS rank: 5 out of 60

Stock RS rank: 331 out of 623

11/9/23 close: $149.21

1 Month avg volatility: $3.16. Volatility stop (for upward breakout): $141.99 or 4.8% below the close.

Change YTD: -15.01%

Volume: 640,600 shares. 3 month avg: 543,437 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 bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

Lancaster Colony Corp (LANC)

Industry: Food Processing

Industry RS rank: 58 out of 60

Stock RS rank: 549 out of 623

11/9/23 close: $166.34

1 Month avg volatility: $5.26. Volatility stop (for downward breakout): $177.60 or 6.8% above the close.

Change YTD: -15.69%

Volume: 108,600 shares. 3 month avg: 112,417 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 10/16/2023

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.

LiveRamp Holdings (RAMP)

Industry: Computer Software and Svcs

Industry RS rank: 1 out of 60

Stock RS rank: 15 out of 623

11/9/23 close: $36.00

1 Month avg volatility: $0.80. Volatility stop (for upward breakout): $33.05 or 8.2% below the close.

Change YTD: 53.58%

Volume: 1,121,200 shares. 3 month avg: 906,945 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 10/23/2023 to 10/30/2023

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.

Loews Corp (L)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 29 out of 60

Stock RS rank: 156 out of 623

11/9/23 close: $65.25

1 Month avg volatility: $0.95. Volatility stop (for upward breakout): $63.07 or 3.3% below the close.

Change YTD: 11.86%

Volume: 480,200 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: Double Bottom, Adam and Adam reversal pattern from 10/23/2023 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.

Mastercard Inc (MA)

Industry: Financial Services

Industry RS rank: 33 out of 60

Stock RS rank: 283 out of 623

11/9/23 close: $387.96

1 Month avg volatility: $6.50. Volatility stop (for upward breakout): $374.26 or 3.5% below the close.

Change YTD: 11.57%

Volume: 2,631,300 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

Meta (Facebook) (META)

Industry: E-Commerce

Industry RS rank: 3 out of 60

Stock RS rank: 23 out of 623

11/9/23 close: $320.55

1 Month avg volatility: $8.44. Volatility stop (for upward breakout): $301.92 or 5.8% below the close.

Change YTD: 166.37%

Volume: 14,949,300 shares. 3 month avg: 16,363,594 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

Myriad Genetics Inc (MYGN)

Industry: Biotechnology

Industry RS rank: 44 out of 60

Stock RS rank: 414 out of 623

11/9/23 close: $16.29

1 Month avg volatility: $0.82. Volatility stop (for upward breakout): $14.51 or 10.9% below the close.

Change YTD: 12.27%

Volume: 2,202,800 shares. 3 month avg: 906,888 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 10/23/2023 to 10/30/2023

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.

Nike Inc (NKE)

Industry: Shoe

Industry RS rank: 18 out of 60

Stock RS rank: 477 out of 623

11/9/23 close: $107.00

1 Month avg volatility: $1.98. Volatility stop (for upward breakout): $102.96 or 3.8% below the close.

Change YTD: -8.55%

Volume: 9,128,200 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: Ugly double bottom reversal pattern from 09/28/2023 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.

NVidia Corp (NVDA)

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

Industry RS rank: 4 out of 60

Stock RS rank: 6 out of 623

11/9/23 close: $469.50

1 Month avg volatility: $14.86. Volatility stop (for upward breakout): $437.78 or 6.8% below the close.

Change YTD: 221.27%

Volume: 53,439,800 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

Osisko Gold Royalties Ltd (OR)

Industry: Metals and Mining (Div.)

Industry RS rank: 48 out of 60

Stock RS rank: 557 out of 623

11/9/23 close: $13.14

1 Month avg volatility: $0.35. Volatility stop (for upward breakout): $11.52 or 12.3% below the close.

Change YTD: 9.15%

Volume: 1,943,500 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 bottom reversal pattern from 09/27/2023 to 10/12/2023

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.

Packaging Corp of America (PKG)

Industry: Packaging and Container

Industry RS rank: 32 out of 60

Stock RS rank: 111 out of 623

11/9/23 close: $155.69

1 Month avg volatility: $2.67. Volatility stop (for upward breakout): $150.00 or 3.7% below the close.

Change YTD: 21.72%

Volume: 508,100 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: 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.

Pinnacle West Capital Corp (PNW)

Industry: Electric Utility (West)

Industry RS rank: 57 out of 60

Stock RS rank: 461 out of 623

11/9/23 close: $71.02

1 Month avg volatility: $1.36. Volatility stop (for downward breakout): $74.57 or 5.0% above the close.

Change YTD: -6.60%

Volume: 984,700 shares. 3 month avg: 750,734 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Triple top reversal pattern from 10/17/2023 to 11/02/2023

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.

Q2 Holdings Inc (QTWO)

Industry: E-Commerce

Industry RS rank: 3 out of 60

Stock RS rank: 36 out of 623

11/9/23 close: $33.41

1 Month avg volatility: $1.12. Volatility stop (for upward breakout): $31.16 or 6.7% below the close.

Change YTD: 24.34%

Volume: 344,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

Rambus Inc (RMBS)

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

Industry RS rank: 2 out of 60

Stock RS rank: 83 out of 623

11/9/23 close: $59.32

1 Month avg volatility: $2.66. Volatility stop (for upward breakout): $53.73 or 9.4% below the close.

Change YTD: 65.61%

Volume: 1,623,000 shares. 3 month avg: 669,732 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 10/23/2023 to 10/30/2023

WARNING: A dead-cat bounce occurred on 08/01/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) 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.

Rocky Brands Inc (RCKY)

Industry: Shoe

Industry RS rank: 18 out of 60

Stock RS rank: 130 out of 623

11/9/23 close: $22.13

1 Month avg volatility: $1.10. Volatility stop (for upward breakout): $18.33 or 17.2% below the close.

Change YTD: -6.31%

Volume: 57,000 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: Flag, high and tight continuation pattern from 10/31/2023 to 11/08/2023

Breakout is upward 100% of the time.
Average rise: 69%.
Throwbacks occur 54% of the time.
Price hits measure rule target 90% of the time.

Rollins Inc (ROL)

Industry: Industrial Services

Industry RS rank: 19 out of 60

Stock RS rank: 445 out of 623

11/9/23 close: $37.86

1 Month avg volatility: $0.81. Volatility stop (for upward breakout): $36.00 or 4.9% below the close.

Change YTD: 3.61%

Volume: 1,763,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: 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.

Skechers USA Inc (SKX)

Industry: Shoe

Industry RS rank: 18 out of 60

Stock RS rank: 373 out of 623

11/9/23 close: $49.64

1 Month avg volatility: $1.41. Volatility stop (for upward breakout): $46.66 or 6.0% below the close.

Change YTD: 18.33%

Volume: 1,671,000 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

SkyWest Inc (SKYW)

Industry: Air Transport

Industry RS rank: 49 out of 60

Stock RS rank: 7 out of 623

11/9/23 close: $42.92

1 Month avg volatility: $1.47. Volatility stop (for upward breakout): $39.40 or 8.2% below the close.

Change YTD: 159.96%

Volume: 268,000 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.

Chart pattern: Pipe bottom reversal pattern from 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.

SPS Commerce Inc (SPSC)

Industry: E-Commerce

Industry RS rank: 3 out of 60

Stock RS rank: 238 out of 623

11/9/23 close: $165.93

1 Month avg volatility: $4.41. Volatility stop (for upward breakout): $155.80 or 6.1% below the close.

Change YTD: 29.20%

Volume: 137,400 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 10/23/2023 to 10/30/2023

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.

Twilio Inc Cl A (TWLO)

Industry: E-Commerce

Industry RS rank: 3 out of 60

Stock RS rank: 125 out of 623

11/9/23 close: $56.00

1 Month avg volatility: $1.81. Volatility stop (for upward breakout): $51.95 or 7.2% below the close.

Change YTD: 14.38%

Volume: 12,316,700 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

U-Haul Holding Company (UHAL)

Industry: Trucking/Transp. Leasing

Industry RS rank: 16 out of 60

Stock RS rank: 494 out of 623

11/9/23 close: $52.41

1 Month avg volatility: $1.28. Volatility stop (for upward breakout): $47.91 or 8.6% below the close.

Change YTD: -12.93%

Volume: 150,200 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

UGI Corp. (UGI)

Industry: Natural Gas (Distributor)

Industry RS rank: 42 out of 60

Stock RS rank: 587 out of 623

11/9/23 close: $20.90

1 Month avg volatility: $0.58. Volatility stop (for upward breakout): $19.62 or 6.1% below the close.

Change YTD: -43.62%

Volume: 1,253,100 shares. 3 month avg: 686,418 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Bottom, Adam and Eve reversal pattern from 10/06/2023 to 10/23/2023

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.

Wheaton Precious Metals Corp (WPM)

Industry: Metals and Mining (Div.)

Industry RS rank: 48 out of 60

Stock RS rank: 511 out of 623

11/9/23 close: $42.93

1 Month avg volatility: $1.17. Volatility stop (for upward breakout): $39.87 or 7.1% below the close.

Change YTD: 10.21%

Volume: 1,663,300 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 10/03/2023 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.

First Trust DJ Internet ETF (FDN)

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

Industry RS rank: 7 out of 60

Stock RS rank: 173 out of 623

11/9/23 close: $158.37

1 Month avg volatility: $3.01. Volatility stop (for upward breakout): $152.09 or 4.0% below the close.

Change YTD: 28.60%

Volume: 927,100 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

First Trust NASDAQ 100 Tech Sector ETF (QTEC)

Industry: Electronics

Industry RS rank: 38 out of 60

Stock RS rank: 99 out of 623

11/9/23 close: $147.68

1 Month avg volatility: $2.68. Volatility stop (for upward breakout): $142.08 or 3.8% below the close.

Change YTD: 40.33%

Volume: 82,500 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023

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.

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

Invest for Two-Comma Wealth

Chart Patterns: After the Buy

Encyclopedia of Chart Pattern, 3rd Edition

Fundamental Analysis and Position Trading

Getting Started in Chart Patterns, 2nd Edition

Swing and Day Trading

My Novels

Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.

Some pattern names are registered trademarks of their respective owners.

Home Advertise Contact Privacy/Disclaimer ☰