As of 11/21/2024
Indus: 43,870 +461.88 +1.1%
Trans: 17,172 +169.53 +1.0%
Utils: 1,076 +20.58 +2.0%
Nasdaq: 18,972 +6.28 +0.0%
S&P 500: 5,949 +31.60 +0.5%
|
YTD
+16.4%
+8.0%
+22.0%
+26.4%
+24.7%
|
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 11/21/2024
Indus: 43,870 +461.88 +1.1%
Trans: 17,172 +169.53 +1.0%
Utils: 1,076 +20.58 +2.0%
Nasdaq: 18,972 +6.28 +0.0%
S&P 500: 5,949 +31.60 +0.5%
|
YTD
+16.4%
+8.0%
+22.0%
+26.4%
+24.7%
| |
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: ElectronicsIndustry RS rank: 47 out of 60Stock RS rank: 605 out of 62312/14/23 close: $6.601 Month avg volatility: $0.33. Volatility stop (for upward breakout): $5.72 or 13.4% below the close.Change YTD: -10.81%Volume: 3,104,400 shares. 3 month avg: 3,031,971 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: Flag, high and tight continuation pattern from 10/27/2023 to 12/14/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 11 out of 60Stock RS rank: 112 out of 62312/14/23 close: $60.961 Month avg volatility: $1.50. Volatility stop (for upward breakout): $57.72 or 5.3% below the close.Change YTD: 23.20%Volume: 276,700 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: Ugly double bottom reversal pattern from 11/01/2023 to 11/30/2023Breakout 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: Chemical (Diversified)Industry RS rank: 54 out of 60Stock RS rank: 611 out of 62312/14/23 close: $145.891 Month avg volatility: $6.17. Volatility stop (for upward breakout): $131.02 or 10.2% below the close.Change YTD: -32.73%Volume: 5,610,700 shares. 3 month avg: 1,363,352 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Big W reversal pattern from 11/13/2023 to 12/05/2023Breakout is upward 71% of the time.Average rise: 31%.Break-even failure rate: 11%.Throwbacks occur 32% of the time.Price hits measure rule target 42% of the time.
Industry: Aerospace/DefenseIndustry RS rank: 26 out of 60Stock RS rank: 579 out of 62312/14/23 close: $29.901 Month avg volatility: $1.05. Volatility stop (for upward breakout): $24.84 or 16.9% below the close.Change YTD: -34.24%Volume: 16,555,300 shares. 3 month avg: 8,355,648 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 10/23/2023 to 12/12/2023Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 12 out of 60Stock RS rank: 176 out of 62312/14/23 close: $161.741 Month avg volatility: $3.98. Volatility stop (for upward breakout): $149.75 or 7.4% below the close.Change YTD: 66.09%Volume: 7,395,500 shares. 3 month avg: 11,583,771 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: Ugly double bottom reversal pattern from 10/31/2023 to 11/17/2023Breakout 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: Food ProcessingIndustry RS rank: 59 out of 60Stock RS rank: 357 out of 62312/14/23 close: $76.421 Month avg volatility: $1.19. Volatility stop (for upward breakout): $73.09 or 4.4% below the close.Change YTD: -17.70%Volume: 3,774,900 shares. 3 month avg: 3,092,757 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 10/25/2023 to 11/28/2023Breakout 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: Computer Software and SvcsIndustry RS rank: 11 out of 60Stock RS rank: 203 out of 62312/14/23 close: $240.811 Month avg volatility: $5.00. Volatility stop (for upward breakout): $225.25 or 6.5% below the close.Change YTD: 28.86%Volume: 3,303,500 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 11/20/2023 to 11/27/2023Breakout 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: 9 out of 60Stock RS rank: 260 out of 62312/14/23 close: $235.971 Month avg volatility: $3.26. Volatility stop (for upward breakout): $228.78 or 3.1% below the close.Change YTD: -1.21%Volume: 2,249,400 shares. 3 month avg: 2,140,888 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: Ugly double bottom reversal pattern from 11/01/2023 to 11/30/2023Breakout 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: Electric Utility (West)Industry RS rank: 56 out of 60Stock RS rank: 547 out of 62312/14/23 close: $35.691 Month avg volatility: $0.69. Volatility stop (for upward breakout): $34.29 or 3.9% below the close.Change YTD: -19.51%Volume: 999,400 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: Triangle, ascending reversal pattern from 11/03/2023 to 12/12/2023Breakout 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: Precision InstrumentIndustry RS rank: 37 out of 60Stock RS rank: 352 out of 62312/14/23 close: $157.101 Month avg volatility: $2.79. Volatility stop (for upward breakout): $150.39 or 4.3% below the close.Change YTD: 44.09%Volume: 198,100 shares. 3 month avg: 149,246 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 10/23/2023 to 11/21/2023Breakout 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: Retail StoreIndustry RS rank: 18 out of 60Stock RS rank: 403 out of 62312/14/23 close: $7.621 Month avg volatility: $0.52. Volatility stop (for upward breakout): $6.15 or 19.2% below the close.Change YTD: -48.16%Volume: 2,305,000 shares. 3 month avg: 984,457 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: Flag, high and tight continuation pattern from 11/10/2023 to 12/13/2023Breakout 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: BiotechnologyIndustry RS rank: 38 out of 60Stock RS rank: 564 out of 62312/14/23 close: $256.541 Month avg volatility: $4.93. Volatility stop (for upward breakout): $244.91 or 4.5% below the close.Change YTD: -7.36%Volume: 1,913,200 shares. 3 month avg: 1,244,726 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 11/13/2023 to 11/28/2023Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: Cement and AggregatesIndustry RS rank: 15 out of 60Stock RS rank: 281 out of 62312/14/23 close: $7.851 Month avg volatility: $0.22. Volatility stop (for upward breakout): $6.98 or 11.0% below the close.Change YTD: 93.83%Volume: 10,228,800 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, ascending reversal pattern from 11/14/2023 to 12/12/2023Breakout 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: Electric Utility (Central)Industry RS rank: 51 out of 60Stock RS rank: 391 out of 62312/14/23 close: $29.701 Month avg volatility: $0.49. Volatility stop (for upward breakout): $28.65 or 3.5% below the close.Change YTD: -0.97%Volume: 6,284,300 shares. 3 month avg: 2,845,400 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: Rectangle top continuation pattern from 10/17/2023 to 11/27/2023Breakout is upward 68% of the time.Average rise: 39%.Break-even failure rate: 9%.Throwbacks occur 64% of the time.Price hits measure rule target 80% of the time.
Industry: Industrial ServicesIndustry RS rank: 17 out of 60Stock RS rank: 158 out of 62312/14/23 close: $563.421 Month avg volatility: $7.58. Volatility stop (for upward breakout): $546.91 or 2.9% below the close.Change YTD: 24.76%Volume: 613,200 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: Three Rising Valleys reversal pattern from 09/27/2023 to 12/07/2023Breakout is upward 100% of the time.Average rise: 41%.Break-even failure rate: 5%.Throwbacks occur 60% of the time.Price hits measure rule target 58% of the time.
Industry: IT ServicesIndustry RS rank: 9 out of 60Stock RS rank: 145 out of 62312/14/23 close: $74.681 Month avg volatility: $0.99. Volatility stop (for upward breakout): $71.68 or 4.0% below the close.Change YTD: 30.58%Volume: 6,105,000 shares. 3 month avg: 3,250,685 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: Ugly double bottom reversal pattern from 11/02/2023 to 11/30/2023Breakout 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: Household ProductsIndustry RS rank: 52 out of 60Stock RS rank: 404 out of 62312/14/23 close: $76.271 Month avg volatility: $0.98. Volatility stop (for downward breakout): $80.75 or 5.9% above the close.Change YTD: -3.20%Volume: 8,434,100 shares. 3 month avg: 3,441,685 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Eve and Adam reversal pattern from 12/04/2023 to 12/13/2023Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Telecom. EquipmentIndustry RS rank: 45 out of 60Stock RS rank: 515 out of 62312/14/23 close: $7.861 Month avg volatility: $0.56. Volatility stop (for downward breakout): $9.46 or 20.3% above the close.Change YTD: -35.26%Volume: 913,200 shares. 3 month avg: 255,535 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: Dead-cat bounce continuation pattern from 12/08/2023 to 12/13/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: ElectronicsIndustry RS rank: 47 out of 60Stock RS rank: 524 out of 62312/14/23 close: $42.611 Month avg volatility: $1.02. Volatility stop (for upward breakout): $39.37 or 7.6% below the close.Change YTD: 8.09%Volume: 323,600 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: Ugly double bottom reversal pattern from 10/31/2023 to 11/09/2023Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: MachineryIndustry RS rank: 33 out of 60Stock RS rank: 77 out of 62312/14/23 close: $218.191 Month avg volatility: $3.60. Volatility stop (for upward breakout): $209.75 or 3.9% below the close.Change YTD: 30.66%Volume: 284,800 shares. 3 month avg: 230,622 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 10/04/2023 to 11/29/2023Breakout is upward 100% of the time.Average rise: 41%.Break-even failure rate: 5%.Throwbacks occur 60% of the time.Price hits measure rule target 58% of the time.
Industry: Metal FabricatingIndustry RS rank: 53 out of 60Stock RS rank: 214 out of 62312/14/23 close: $29.001 Month avg volatility: $1.02. Volatility stop (for upward breakout): $26.44 or 8.8% below the close.Change YTD: 57.35%Volume: 56,900 shares. 3 month avg: 11,408 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Ugly double bottom reversal pattern from 11/08/2023 to 11/29/2023Breakout 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: Metals and Mining (Div.)Industry RS rank: 41 out of 60Stock RS rank: 180 out of 62312/14/23 close: $210.001 Month avg volatility: $5.89. Volatility stop (for upward breakout): $193.72 or 7.8% below the close.Change YTD: 52.66%Volume: 349,000 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 11/27/2023 to 12/04/2023Breakout 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: 10 out of 60Stock RS rank: 569 out of 62312/14/23 close: $16.541 Month avg volatility: $0.79. Volatility stop (for upward breakout): $14.52 or 12.2% below the close.Change YTD: 49.28%Volume: 1,858,200 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 11/06/2023 to 11/13/2023Breakout 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: Financial ServicesIndustry RS rank: 31 out of 60Stock RS rank: 369 out of 62312/14/23 close: $8.911 Month avg volatility: $0.25. Volatility stop (for upward breakout): $8.30 or 6.9% below the close.Change YTD: 9.33%Volume: 408,800 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Triple bottom reversal pattern from 09/25/2023 to 11/28/2023Breakout 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: ElectronicsIndustry RS rank: 47 out of 60Stock RS rank: 291 out of 62312/14/23 close: $28.661 Month avg volatility: $0.60. Volatility stop (for upward breakout): $25.49 or 11.1% below the close.Change YTD: 33.55%Volume: 10,333,900 shares. 3 month avg: 3,241,565 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Head-and-shoulders bottom reversal pattern from 09/27/2023 to 12/05/2023Breakout 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: MachineryIndustry RS rank: 33 out of 60Stock RS rank: 225 out of 62312/14/23 close: $40.361 Month avg volatility: $0.79. Volatility stop (for upward breakout): $37.62 or 6.8% below the close.Change YTD: 31.55%Volume: 1,310,000 shares. 3 month avg: 1,457,883 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 10/25/2023 to 11/22/2023Breakout 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: Chemical (Basic)Industry RS rank: 24 out of 60Stock RS rank: 618 out of 62312/14/23 close: $60.231 Month avg volatility: $1.87. Volatility stop (for upward breakout): $55.09 or 8.5% below the close.Change YTD: -51.74%Volume: 2,532,800 shares. 3 month avg: 929,085 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Triple bottom reversal pattern from 10/23/2023 to 11/10/2023WARNING: A dead-cat bounce occurred on 10/23/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 01/22/2024 and a 38% chance by 04/22/2024.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.
Industry: Computer Software and SvcsIndustry RS rank: 11 out of 60Stock RS rank: 588 out of 62312/14/23 close: $57.051 Month avg volatility: $1.23. Volatility stop (for upward breakout): $53.26 or 6.6% below the close.Change YTD: 16.69%Volume: 9,119,700 shares. 3 month avg: 1,532,971 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Ugly double bottom reversal pattern from 11/03/2023 to 12/07/2023WARNING: A dead-cat bounce occurred on 11/03/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 02/02/2024 and a 38% chance by 05/03/2024.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.
Industry: Metals and Mining (Div.)Industry RS rank: 41 out of 60Stock RS rank: 350 out of 62312/14/23 close: $41.971 Month avg volatility: $0.99. Volatility stop (for upward breakout): $38.31 or 8.7% below the close.Change YTD: 10.45%Volume: 29,234,600 shares. 3 month avg: 11,955,349 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.Chart pattern: Ugly double bottom reversal pattern from 11/10/2023 to 12/07/2023Breakout 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: Cement and AggregatesIndustry RS rank: 15 out of 60Stock RS rank: 128 out of 62312/14/23 close: $79.291 Month avg volatility: $1.86. Volatility stop (for upward breakout): $71.60 or 9.7% below the close.Change YTD: 59.22%Volume: 658,900 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: Rounding bottom continuation pattern from 08/07/2023 to 12/13/2023Breakout is upward 100% of the time.Average rise: 43%.Break-even failure rate: 5%.Throwbacks occur 40% of the time.Price hits measure rule target 57% of the time.
Industry: ApparelIndustry RS rank: 6 out of 60Stock RS rank: 185 out of 62312/14/23 close: $23.651 Month avg volatility: $0.69. Volatility stop (for downward breakout): $25.04 or 5.9% above the close.Change YTD: 14.31%Volume: 1,962,400 shares. 3 month avg: 1,269,442 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Broadening top reversal pattern from 10/17/2023 to 11/22/2023Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: Electric Utility (West)Industry RS rank: 56 out of 60Stock RS rank: 622 out of 62312/14/23 close: $14.041 Month avg volatility: $0.51. Volatility stop (for upward breakout): $12.98 or 7.6% below the close.Change YTD: -66.45%Volume: 2,923,200 shares. 3 month avg: 463,472 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: Ugly double bottom reversal pattern from 11/10/2023 to 11/30/2023WARNING: A dead-cat bounce occurred on 08/14/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 02/12/2024.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.
Industry: Chemical (Specialty)Industry RS rank: 14 out of 60Stock RS rank: 387 out of 62312/14/23 close: $25.911 Month avg volatility: $0.58. Volatility stop (for upward breakout): $24.32 or 6.1% below the close.Change YTD: -5.71%Volume: 1,908,600 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Ugly double bottom reversal pattern from 11/01/2023 to 11/28/2023Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 21 out of 60Stock RS rank: 361 out of 62312/14/23 close: $63.841 Month avg volatility: $1.38. Volatility stop (for upward breakout): $60.91 or 4.6% below the close.Change YTD: -20.52%Volume: 3,019,800 shares. 3 month avg: 1,771,434 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: Triangle, ascending reversal pattern from 10/31/2023 to 12/01/2023Breakout 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: 57 out of 60Stock RS rank: 358 out of 62312/14/23 close: $142.101 Month avg volatility: $3.73. Volatility stop (for upward breakout): $131.75 or 7.3% below the close.Change YTD: 47.22%Volume: 150,800 shares. 3 month avg: 108,312 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.Chart pattern: Triple bottom reversal pattern from 10/12/2023 to 11/29/2023Breakout 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: Chemical (Diversified)Industry RS rank: 54 out of 60Stock RS rank: 272 out of 62312/14/23 close: $23.171 Month avg volatility: $0.84. Volatility stop (for upward breakout): $18.61 or 19.7% below the close.Change YTD: -19.74%Volume: 636,000 shares. 3 month avg: 1,190,495 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 11/10/2023 to 12/13/2023Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 12 out of 60Stock RS rank: 111 out of 62312/14/23 close: $582.421 Month avg volatility: $11.94. Volatility stop (for upward breakout): $551.17 or 5.4% below the close.Change YTD: 54.48%Volume: 1,499,200 shares. 3 month avg: 1,563,420 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Three Rising Valleys reversal pattern from 09/27/2023 to 12/05/2023Breakout is upward 100% of the time.Average rise: 41%.Break-even failure rate: 5%.Throwbacks occur 60% of the time.Price hits measure rule target 58% of the time.
Industry: Food ProcessingIndustry RS rank: 59 out of 60Stock RS rank: 532 out of 62312/14/23 close: $171.341 Month avg volatility: $3.59. Volatility stop (for upward breakout): $163.85 or 4.4% below the close.Change YTD: -13.16%Volume: 152,200 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: Triangle, symmetrical continuation pattern from 11/02/2023 to 12/12/2023Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Retail StoreIndustry RS rank: 18 out of 60Stock RS rank: 85 out of 62312/14/23 close: $19.621 Month avg volatility: $0.82. Volatility stop (for upward breakout): $17.72 or 9.7% below the close.Change YTD: -4.99%Volume: 11,778,600 shares. 3 month avg: 12,458,365 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: Flag, high and tight continuation pattern from 10/13/2023 to 12/11/2023Breakout 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: Financial ServicesIndustry RS rank: 31 out of 60Stock RS rank: 220 out of 62312/14/23 close: $418.561 Month avg volatility: $4.91. Volatility stop (for upward breakout): $406.08 or 3.0% below the close.Change YTD: 20.37%Volume: 3,989,800 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: Ugly double bottom reversal pattern from 10/27/2023 to 12/05/2023Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 40 out of 60Stock RS rank: 530 out of 62312/14/23 close: $36.781 Month avg volatility: $1.07. Volatility stop (for upward breakout): $34.45 or 6.4% below the close.Change YTD: -17.79%Volume: 565,100 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 11/06/2023 to 11/13/2023Breakout 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 (Central)Industry RS rank: 51 out of 60Stock RS rank: 455 out of 62312/14/23 close: $26.681 Month avg volatility: $0.47. Volatility stop (for upward breakout): $25.67 or 3.8% below the close.Change YTD: -2.70%Volume: 5,716,700 shares. 3 month avg: 3,688,512 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: Three Rising Valleys reversal pattern from 10/03/2023 to 11/30/2023Breakout is upward 100% of the time.Average rise: 41%.Break-even failure rate: 5%.Throwbacks occur 60% of the time.Price hits measure rule target 58% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 4 out of 60Stock RS rank: 482 out of 62312/14/23 close: $29.051 Month avg volatility: $0.68. Volatility stop (for upward breakout): $26.67 or 8.2% below the close.Change YTD: -13.80%Volume: 89,500 shares. 3 month avg: 31,645 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 11/08/2023 to 11/28/2023Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: Electric Utility (Central)Industry RS rank: 51 out of 60Stock RS rank: 427 out of 62312/14/23 close: $36.261 Month avg volatility: $0.59. Volatility stop (for upward breakout): $34.94 or 3.7% below the close.Change YTD: -8.32%Volume: 1,759,000 shares. 3 month avg: 1,006,480 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 10/23/2023Breakout 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: ApparelIndustry RS rank: 6 out of 60Stock RS rank: 415 out of 62312/14/23 close: $102.151 Month avg volatility: $3.12. Volatility stop (for upward breakout): $92.31 or 9.6% below the close.Change YTD: 9.63%Volume: 249,200 shares. 3 month avg: 112,505 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 11/27/2023 to 12/04/2023Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 39 out of 60Stock RS rank: 397 out of 62312/14/23 close: $11.341 Month avg volatility: $0.41. Volatility stop (for upward breakout): $10.35 or 8.7% below the close.Change YTD: -32.66%Volume: 8,928,600 shares. 3 month avg: 3,925,269 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: Triangle, symmetrical continuation pattern from 11/08/2023 to 12/04/2023Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Household ProductsIndustry RS rank: 52 out of 60Stock RS rank: 446 out of 62312/14/23 close: $144.661 Month avg volatility: $1.92. Volatility stop (for downward breakout): $152.38 or 5.3% above the close.Change YTD: -4.55%Volume: 10,565,200 shares. 3 month avg: 7,163,346 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Eve and Adam reversal pattern from 11/14/2023 to 11/30/2023Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 25 out of 60Stock RS rank: 114 out of 62312/14/23 close: $153.551 Month avg volatility: $2.65. Volatility stop (for downward breakout): $166.10 or 8.2% above the close.Change YTD: 18.38%Volume: 5,633,800 shares. 3 month avg: 3,017,600 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: Broadening top reversal pattern from 11/24/2023 to 12/13/2023Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: Toiletries/CosmeticsIndustry RS rank: 57 out of 60Stock RS rank: 623 out of 62312/14/23 close: $7.351 Month avg volatility: $1.11. Volatility stop (for downward breakout): $10.91 or 48.5% above the close.Change YTD: -69.88%Volume: 90,800 shares. 3 month avg: 193,511 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: Dead-cat bounce continuation pattern from 12/14/2023 to 12/14/2023Breakout is downward 67% of the time.Average decline: 18%.
Industry: Metals and Mining (Div.)Industry RS rank: 41 out of 60Stock RS rank: 229 out of 62312/14/23 close: $81.711 Month avg volatility: $1.93. Volatility stop (for upward breakout): $75.12 or 8.1% below the close.Change YTD: 35.30%Volume: 1,782,100 shares. 3 month avg: 1,021,280 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 11/27/2023 to 12/04/2023Breakout 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: 44 out of 60Stock RS rank: 402 out of 62312/14/23 close: $64.491 Month avg volatility: $1.33. Volatility stop (for upward breakout): $61.46 or 4.7% below the close.Change YTD: 4.22%Volume: 460,000 shares. 3 month avg: 213,628 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Head-and-shoulders bottom reversal pattern from 10/06/2023 to 11/13/2023Breakout 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: Diversified Co.Industry RS rank: 30 out of 60Stock RS rank: 252 out of 62312/14/23 close: $150.761 Month avg volatility: $3.29. Volatility stop (for upward breakout): $142.99 or 5.2% below the close.Change YTD: 47.21%Volume: 103,700 shares. 3 month avg: 37,109 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 Monday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 11/07/2023 to 11/30/2023Breakout 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: Diversified Co.Industry RS rank: 30 out of 60Stock RS rank: 98 out of 62312/14/23 close: $79.621 Month avg volatility: $1.16. Volatility stop (for upward breakout): $76.41 or 4.0% below the close.Change YTD: 12.46%Volume: 1,309,000 shares. 3 month avg: 1,342,598 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Triple bottom reversal pattern from 10/25/2023 to 11/29/2023Breakout 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: AdvertisingIndustry RS rank: 49 out of 60Stock RS rank: 441 out of 62312/14/23 close: $76.081 Month avg volatility: $2.15. Volatility stop (for upward breakout): $70.40 or 7.5% below the close.Change YTD: 69.71%Volume: 5,171,400 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 11/10/2023 to 12/04/2023WARNING: A dead-cat bounce occurred on 11/10/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 02/09/2024 and a 38% chance by 05/10/2024.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.
Industry: Insurance (Diversified)Industry RS rank: 34 out of 60Stock RS rank: 461 out of 62312/14/23 close: $44.061 Month avg volatility: $0.74. Volatility stop (for upward breakout): $42.48 or 3.6% below the close.Change YTD: 7.38%Volume: 1,644,300 shares. 3 month avg: 1,168,134 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 11/02/2023 to 12/08/2023Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Precision InstrumentIndustry RS rank: 37 out of 60Stock RS rank: 91 out of 62312/14/23 close: $30.811 Month avg volatility: $0.69. Volatility stop (for upward breakout): $28.57 or 7.3% below the close.Change YTD: 65.82%Volume: 434,200 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: Scallop, ascending and inverted continuation pattern from 10/31/2023 to 12/05/2023Breakout is upward 100% of the time.Average rise: 43%.Break-even failure rate: 4%.Throwbacks occur 61% of the time.Price hits measure rule target 61% of the time.
Industry: Healthcare InformationIndustry RS rank: 55 out of 60Stock RS rank: 503 out of 62312/14/23 close: $182.841 Month avg volatility: $4.41. Volatility stop (for upward breakout): $170.83 or 6.6% below the close.Change YTD: 13.30%Volume: 2,414,300 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 Bottom, Adam and Adam reversal pattern from 11/10/2023 to 12/07/2023Breakout 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: Healthcare InformationIndustry RS rank: 55 out of 60Stock RS rank: 573 out of 62312/14/23 close: $9.691 Month avg volatility: $0.51. Volatility stop (for downward breakout): $11.40 or 17.6% above the close.Change YTD: -45.07%Volume: 2,584,800 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Triple top reversal pattern from 08/14/2023 to 10/11/2023WARNING: A dead-cat bounce occurred on 12/08/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 03/08/2024 and a 38% chance by 06/07/2024.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.
Industry: Cement and AggregatesIndustry RS rank: 15 out of 60Stock RS rank: 278 out of 62312/14/23 close: $224.761 Month avg volatility: $3.64. Volatility stop (for upward breakout): $214.05 or 4.8% below the close.Change YTD: 28.35%Volume: 915,800 shares. 3 month avg: 819,125 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Ugly double bottom reversal pattern from 10/27/2023 to 11/20/2023Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: IT ServicesIndustry RS rank: 9 out of 60Stock RS rank: 232 out of 62312/14/23 close: $190.741 Month avg volatility: $2.08. Volatility stop (for upward breakout): $185.17 or 2.9% below the close.Change YTD: 53.28%Volume: 7,709,200 shares. 3 month avg: 9,531,718 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: Ugly double bottom reversal pattern from 10/26/2023 to 12/04/2023Breakout 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: NoneIndustry RS rank: 23 out of 60Stock RS rank: 230 out of 62312/14/23 close: $256.261 Month avg volatility: $2.42. Volatility stop (for upward breakout): $249.21 or 2.8% below the close.Change YTD: 48.93%Volume: 439,000 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 10/26/2023 to 12/04/2023Breakout 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: NoneIndustry RS rank: 23 out of 60Stock RS rank: 228 out of 62312/14/23 close: $77.091 Month avg volatility: $0.68. Volatility stop (for upward breakout): $75.11 or 2.6% below the close.Change YTD: 40.42%Volume: 853,700 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: Ugly double bottom reversal pattern from 10/26/2023 to 12/04/2023Breakout 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.
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