As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
|
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,200 or 1,000 by 12/01/2024
20,000 or 18,400 by 12/01/2024
6,100 or 5,800 by 12/01/2024
|
As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
| |
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,200 or 1,000 by 12/01/2024
20,000 or 18,400 by 12/01/2024
6,100 or 5,800 by 12/01/2024
| ||
Copyright © 2023 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: Computer Software and SvcsIndustry RS rank: 1 out of 60Stock RS rank: 5 out of 62311/9/23 close: $577.741 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 10/30/2023Breakout 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: Telecom. EquipmentIndustry RS rank: 37 out of 60Stock RS rank: 606 out of 62311/9/23 close: $5.011 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 11/07/2023Breakout 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: 4 out of 60Stock RS rank: 109 out of 62311/9/23 close: $113.491 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 10/26/2023Breakout 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: Chemical (Diversified)Industry RS rank: 53 out of 60Stock RS rank: 376 out of 62311/9/23 close: $263.991 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 11/03/2023Breakout 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: 49 out of 60Stock RS rank: 402 out of 62311/9/23 close: $14.441 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 11/07/2023Breakout is downward 67% of the time.Average decline: 18%.
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: 230 out of 62311/9/23 close: $182.411 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 10/26/2023Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 1 out of 60Stock RS rank: 244 out of 62311/9/23 close: $204.681 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 10/30/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 1 out of 60Stock RS rank: 57 out of 62311/9/23 close: $256.451 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 10/30/2023Breakout 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: Food ProcessingIndustry RS rank: 58 out of 60Stock RS rank: 568 out of 62311/9/23 close: $40.641 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 10/09/2023Breakout 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: Cement and AggregatesIndustry RS rank: 13 out of 60Stock RS rank: 264 out of 62311/9/23 close: $6.821 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 10/09/2023Breakout 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: Information ServicesIndustry RS rank: 21 out of 60Stock RS rank: 163 out of 62311/9/23 close: $64.971 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 10/11/2023Breakout 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: Medical ServicesIndustry RS rank: 35 out of 60Stock RS rank: 179 out of 62311/9/23 close: $288.911 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 11/02/2023Breakout 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: Food ProcessingIndustry RS rank: 58 out of 60Stock RS rank: 559 out of 62311/9/23 close: $27.941 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 11/08/2023Breakout 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.
Industry: Toiletries/CosmeticsIndustry RS rank: 60 out of 60Stock RS rank: 505 out of 62311/9/23 close: $9.771 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 10/30/2023Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: ElectronicsIndustry RS rank: 38 out of 60Stock RS rank: 431 out of 62311/9/23 close: $37.811 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 10/30/2023Breakout 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: Electric Utility (East)Industry RS rank: 55 out of 60Stock RS rank: 536 out of 62311/9/23 close: $44.871 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 10/23/2023Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: Electric Utility (Central)Industry RS rank: 54 out of 60Stock RS rank: 481 out of 62311/9/23 close: $98.501 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 11/03/2023Breakout 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: Cement and AggregatesIndustry RS rank: 13 out of 60Stock RS rank: 252 out of 62311/9/23 close: $165.121 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 10/30/2023Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Industrial ServicesIndustry RS rank: 19 out of 60Stock RS rank: 55 out of 62311/9/23 close: $209.091 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 10/23/2023Breakout 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: Metals and Mining (Div.)Industry RS rank: 48 out of 60Stock RS rank: 215 out of 62311/9/23 close: $182.411 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 10/23/2023Breakout 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: IT ServicesIndustry RS rank: 5 out of 60Stock RS rank: 274 out of 62311/9/23 close: $237.021 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 10/30/2023WARNING: 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.
Industry: IT ServicesIndustry RS rank: 5 out of 60Stock RS rank: 50 out of 62311/9/23 close: $962.701 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 10/30/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 1 out of 60Stock RS rank: 377 out of 62311/9/23 close: $51.781 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 10/30/2023Breakout 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: IT ServicesIndustry RS rank: 5 out of 60Stock RS rank: 286 out of 62311/9/23 close: $119.381 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 10/30/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 1 out of 60Stock RS rank: 571 out of 62311/9/23 close: $49.671 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 11/03/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: IT ServicesIndustry RS rank: 5 out of 60Stock RS rank: 37 out of 62311/9/23 close: $401.351 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 10/27/2023Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: ElectronicsIndustry RS rank: 38 out of 60Stock RS rank: 579 out of 62311/9/23 close: $2.931 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 10/30/2023Breakout 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: MachineryIndustry RS rank: 30 out of 60Stock RS rank: 319 out of 62311/9/23 close: $76.641 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 10/23/2023Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 12 out of 60Stock RS rank: 19 out of 62311/9/23 close: $42.881 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 10/23/2023Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: ApparelIndustry RS rank: 14 out of 60Stock RS rank: 353 out of 62311/9/23 close: $4.001 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 11/03/2023Breakout 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: Medical SuppliesIndustry RS rank: 59 out of 60Stock RS rank: 615 out of 62311/9/23 close: $152.881 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 11/01/2023Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Medical ServicesIndustry RS rank: 35 out of 60Stock RS rank: 623 out of 62311/9/23 close: $0.421 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 11/09/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: IT ServicesIndustry RS rank: 5 out of 60Stock RS rank: 331 out of 62311/9/23 close: $149.211 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 10/30/2023Breakout 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: Food ProcessingIndustry RS rank: 58 out of 60Stock RS rank: 549 out of 62311/9/23 close: $166.341 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 10/16/2023Breakout 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: 1 out of 60Stock RS rank: 15 out of 62311/9/23 close: $36.001 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 10/30/2023Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Insurance (Prop/Casualty)Industry RS rank: 29 out of 60Stock RS rank: 156 out of 62311/9/23 close: $65.251 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 10/30/2023Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Financial ServicesIndustry RS rank: 33 out of 60Stock RS rank: 283 out of 62311/9/23 close: $387.961 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 10/30/2023Breakout 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: 23 out of 62311/9/23 close: $320.551 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 10/30/2023Breakout 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: BiotechnologyIndustry RS rank: 44 out of 60Stock RS rank: 414 out of 62311/9/23 close: $16.291 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 10/30/2023Breakout 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: ShoeIndustry RS rank: 18 out of 60Stock RS rank: 477 out of 62311/9/23 close: $107.001 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 10/27/2023Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 4 out of 60Stock RS rank: 6 out of 62311/9/23 close: $469.501 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 10/30/2023Breakout 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: Metals and Mining (Div.)Industry RS rank: 48 out of 60Stock RS rank: 557 out of 62311/9/23 close: $13.141 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 10/12/2023Breakout 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: Packaging and ContainerIndustry RS rank: 32 out of 60Stock RS rank: 111 out of 62311/9/23 close: $155.691 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 10/23/2023Breakout 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: Electric Utility (West)Industry RS rank: 57 out of 60Stock RS rank: 461 out of 62311/9/23 close: $71.021 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 11/02/2023Breakout 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: E-CommerceIndustry RS rank: 3 out of 60Stock RS rank: 36 out of 62311/9/23 close: $33.411 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 10/30/2023Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 83 out of 62311/9/23 close: $59.321 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 10/30/2023WARNING: 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.
Industry: ShoeIndustry RS rank: 18 out of 60Stock RS rank: 130 out of 62311/9/23 close: $22.131 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 11/08/2023Breakout is upward 100% of the time.Average rise: 69%.Throwbacks occur 54% of the time.Price hits measure rule target 90% of the time.
Industry: Industrial ServicesIndustry RS rank: 19 out of 60Stock RS rank: 445 out of 62311/9/23 close: $37.861 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 10/23/2023Breakout 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: ShoeIndustry RS rank: 18 out of 60Stock RS rank: 373 out of 62311/9/23 close: $49.641 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 10/30/2023Breakout 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: Air TransportIndustry RS rank: 49 out of 60Stock RS rank: 7 out of 62311/9/23 close: $42.921 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 10/23/2023Breakout 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: 238 out of 62311/9/23 close: $165.931 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 10/30/2023Breakout 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: 125 out of 62311/9/23 close: $56.001 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 10/30/2023Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 16 out of 60Stock RS rank: 494 out of 62311/9/23 close: $52.411 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 10/30/2023Breakout 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: Natural Gas (Distributor)Industry RS rank: 42 out of 60Stock RS rank: 587 out of 62311/9/23 close: $20.901 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 10/23/2023Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: Metals and Mining (Div.)Industry RS rank: 48 out of 60Stock RS rank: 511 out of 62311/9/23 close: $42.931 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 10/26/2023Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 7 out of 60Stock RS rank: 173 out of 62311/9/23 close: $158.371 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 10/30/2023Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: ElectronicsIndustry RS rank: 38 out of 60Stock RS rank: 99 out of 62311/9/23 close: $147.681 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 10/30/2023Breakout 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.
Support this site! Clicking any of the books (below) takes you to
Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."
My Stock Market Books
|
My Novels
|