As of 05/10/2024
  Indus: 39,513 +125.08 +0.3%  
  Trans: 15,597 +84.96 +0.5%  
  Utils: 942 -0.84 -0.1%  
  Nasdaq: 16,341 -5.39 0.0%  
  S&P 500: 5,223 +8.60 +0.2%  
YTD
 +4.8%  
-1.9%  
 +6.9%  
 +8.9%  
 +9.5%  
  Targets    Overview: 04/29/2024  
  Up arrow39,950 or 38,500 by 06/01/2024
  Up arrow15,820 or 14,600 by 05/15/2024
  Up arrow960 or 900 by 06/01/2024
  Up arrow16,700 or 15,200 by 05/15/2024
  Up arrow5,250 or 4,850 by 05/15/2024
As of 05/10/2024
  Indus: 39,513 +125.08 +0.3%  
  Trans: 15,597 +84.96 +0.5%  
  Utils: 942 -0.84 -0.1%  
  Nasdaq: 16,341 -5.39 0.0%  
  S&P 500: 5,223 +8.60 +0.2%  
YTD
 +4.8%  
-1.9%  
 +6.9%  
 +8.9%  
 +9.5%  
  Targets    Overview: 04/29/2024  
  Up arrow39,950 or 38,500 by 06/01/2024
  Up arrow15,820 or 14,600 by 05/15/2024
  Up arrow960 or 900 by 06/01/2024
  Up arrow16,700 or 15,200 by 05/15/2024
  Up arrow5,250 or 4,850 by 05/15/2024

Patterns for the Weekend Details

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.

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.
 
American Express Co (AXP)
Industry: Financial Services
Industry RS rank: 30 out of 60
Stock RS rank: 256 out of 623
12/28/23 close: $187.80
1 Month avg volatility: $2.99. Volatility stop (for upward breakout): $181.02 or 3.6% below the close.
Change YTD: 27.11%
Volume: 1,482,500 shares. 3 month avg: 3,419,958 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Cup with handle continuation pattern from 07/19/2023 to 12/04/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 5%.
Throwbacks occur 58% of the time.
Price hits measure rule target 50% of the time.

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APA Corp. (APA)
Industry: Petroleum (Producing)
Industry RS rank: 24 out of 60
Stock RS rank: 289 out of 623
12/28/23 close: $36.10
1 Month avg volatility: $0.84. Volatility stop (for upward breakout): $34.39 or 4.7% below the close.
Change YTD: -22.66%
Volume: 3,455,200 shares. 3 month avg: 7,966,826 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 12/04/2023 to 12/11/2023
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.

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Archer-Daniels-Midland Co (ADM)
Industry: Food Processing
Industry RS rank: 59 out of 60
Stock RS rank: 468 out of 623
12/28/23 close: $72.27
1 Month avg volatility: $1.40. Volatility stop (for downward breakout): $75.29 or 4.2% above the close.
Change YTD: -22.16%
Volume: 2,373,400 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: Broadening top reversal pattern from 11/15/2023 to 12/04/2023
Breakout 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.

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Cleveland-Cliffs Inc (CLF)
Industry: Metals and Mining (Div.)
Industry RS rank: 35 out of 60
Stock RS rank: 80 out of 623
12/28/23 close: $20.82
1 Month avg volatility: $0.58. Volatility stop (for upward breakout): $19.56 or 6.0% below the close.
Change YTD: 29.24%
Volume: 5,370,600 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: Pennant continuation pattern from 12/20/2023 to 12/28/2023
Breakout is upward 61% of the time.
Average rise: 25%.
Break-even failure rate: 2%.
Throwbacks occur 47% of the time.
Price hits measure rule target 60% of the time.

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Clorox Co, The (CLX)
Industry: Household Products
Industry RS rank: 53 out of 60
Stock RS rank: 534 out of 623
12/28/23 close: $142.06
1 Month avg volatility: $2.44. Volatility stop (for downward breakout): $147.20 or 3.6% above the close.
Change YTD: 1.23%
Volume: 661,300 shares. 3 month avg: 971,306 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: Diamond top reversal pattern from 11/28/2023 to 12/28/2023
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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ConocoPhillips (COP)
Industry: Petroleum (Integrated)
Industry RS rank: 38 out of 60
Stock RS rank: 207 out of 623
12/28/23 close: $116.50
1 Month avg volatility: $1.94. Volatility stop (for upward breakout): $112.56 or 3.4% below the close.
Change YTD: -1.27%
Volume: 3,704,200 shares. 3 month avg: 6,156,062 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 11/16/2023 to 12/12/2023
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.

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CoreCivic, Inc (CXW)
Industry: Industrial Services
Industry RS rank: 16 out of 60
Stock RS rank: 13 out of 623
12/28/23 close: $14.61
1 Month avg volatility: $0.33. Volatility stop (for upward breakout): $13.87 or 5.0% below the close.
Change YTD: 26.38%
Volume: 438,800 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 12/04/2023 to 12/11/2023
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.

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Dril-Quip Inc (DRQ)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 41 out of 60
Stock RS rank: 376 out of 623
12/28/23 close: $23.58
1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $22.06 or 6.5% below the close.
Change YTD: -13.21%
Volume: 159,900 shares. 3 month avg: 557,835 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 12/04/2023 to 12/11/2023
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.

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Equifax Inc (EFX)
Industry: Information Services
Industry RS rank: 19 out of 60
Stock RS rank: 319 out of 623
12/28/23 close: $249.61
1 Month avg volatility: $4.78. Volatility stop (for upward breakout): $238.30 or 4.5% below the close.
Change YTD: 28.43%
Volume: 382,200 shares. 3 month avg: 3,458,600 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: Cup with handle continuation pattern from 07/17/2023 to 12/18/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 5%.
Throwbacks occur 58% of the time.
Price hits measure rule target 50% of the time.

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Fiserv, Inc (FISV)
Industry: IT Services
Industry RS rank: 8 out of 60
Stock RS rank: 297 out of 623
12/28/23 close: $133.38
1 Month avg volatility: $1.61. Volatility stop (for upward breakout): $129.44 or 3.0% below the close.
Change YTD: 31.97%
Volume: 1,635,800 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: Pennant continuation pattern from 12/15/2023 to 12/27/2023
Breakout is upward 61% of the time.
Average rise: 25%.
Break-even failure rate: 2%.
Throwbacks occur 47% of the time.
Price hits measure rule target 60% of the time.

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Globalfoundries Inc (GFS)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 18 out of 60
Stock RS rank: 471 out of 623
12/28/23 close: $61.51
1 Month avg volatility: $1.50. Volatility stop (for upward breakout): $58.29 or 5.2% below the close.
Change YTD: 14.14%
Volume: 739,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 08/25/2023 to 12/06/2023
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.

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Google (GOOGL)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 5 out of 60
Stock RS rank: 169 out of 623
12/28/23 close: $140.23
1 Month avg volatility: $2.49. Volatility stop (for upward breakout): $134.77 or 3.9% below the close.
Change YTD: 58.94%
Volume: 15,957,700 shares. 3 month avg: 1,574,874 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 10/12/2023 to 12/19/2023
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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Insperity (NSP)
Industry: Human Resources
Industry RS rank: 44 out of 60
Stock RS rank: 431 out of 623
12/28/23 close: $116.07
1 Month avg volatility: $2.24. Volatility stop (for downward breakout): $121.23 or 4.5% above the close.
Change YTD: 2.17%
Volume: 185,000 shares. 3 month avg: 131,942 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Diamond top reversal pattern from 12/04/2023 to 12/27/2023
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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Kforce Inc (KFRC)
Industry: Human Resources
Industry RS rank: 44 out of 60
Stock RS rank: 246 out of 623
12/28/23 close: $67.71
1 Month avg volatility: $1.57. Volatility stop (for downward breakout): $71.49 or 5.6% above the close.
Change YTD: 23.49%
Volume: 66,900 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: Triangle, descending reversal pattern from 12/01/2023 to 12/28/2023
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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L3Harris Technologies (LHX)
Industry: Aerospace/Defense
Industry RS rank: 28 out of 60
Stock RS rank: 266 out of 623
12/28/23 close: $210.92
1 Month avg volatility: $3.25. Volatility stop (for upward breakout): $202.87 or 3.8% below the close.
Change YTD: 1.30%
Volume: 789,500 shares. 3 month avg: 1,243,274 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: Head-and-shoulders bottom reversal pattern from 09/08/2023 to 10/27/2023
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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Magnolia Oil and Gas Corp (MGY)
Industry: Petroleum (Producing)
Industry RS rank: 24 out of 60
Stock RS rank: 342 out of 623
12/28/23 close: $21.50
1 Month avg volatility: $0.54. Volatility stop (for upward breakout): $20.40 or 5.1% below the close.
Change YTD: -8.32%
Volume: 1,920,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 12/04/2023 to 12/11/2023
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.

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Matador Resources Co (MTDR)
Industry: Petroleum (Producing)
Industry RS rank: 24 out of 60
Stock RS rank: 195 out of 623
12/28/23 close: $57.49
1 Month avg volatility: $1.77. Volatility stop (for upward breakout): $53.89 or 6.3% below the close.
Change YTD: 0.44%
Volume: 959,900 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 12/04/2023 to 12/11/2023
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.

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Murphy Oil Corporation (MUR)
Industry: Petroleum (Integrated)
Industry RS rank: 38 out of 60
Stock RS rank: 227 out of 623
12/28/23 close: $43.08
1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $41.05 or 4.7% below the close.
Change YTD: 0.16%
Volume: 978,600 shares. 3 month avg: 2,218,335 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 12/04/2023 to 12/11/2023
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.

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Network Appliance (NTAP)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 45 out of 60
Stock RS rank: 162 out of 623
12/28/23 close: $88.21
1 Month avg volatility: $1.64. Volatility stop (for upward breakout): $84.76 or 3.9% below the close.
Change YTD: 46.87%
Volume: 884,800 shares. 3 month avg: 2,986,022 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 11/29/2023 to 12/26/2023
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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New Jersey Resources Corp (NJR)
Industry: Natural Gas (Distributor)
Industry RS rank: 46 out of 60
Stock RS rank: 485 out of 623
12/28/23 close: $44.77
1 Month avg volatility: $0.80. Volatility stop (for upward breakout): $42.90 or 4.2% below the close.
Change YTD: -9.77%
Volume: 324,700 shares. 3 month avg: 514,131 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 12/12/2023 to 12/28/2023
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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Old Republic International Corp (ORI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 27 out of 60
Stock RS rank: 152 out of 623
12/28/23 close: $29.44
1 Month avg volatility: $0.35. Volatility stop (for downward breakout): $30.18 or 2.5% above the close.
Change YTD: 21.90%
Volume: 790,600 shares. 3 month avg: 1,253,378 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: Triangle, descending reversal pattern from 11/29/2023 to 12/27/2023
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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Owens and Minor Inc (OMI)
Industry: Medical Supplies
Industry RS rank: 58 out of 60
Stock RS rank: 418 out of 623
12/28/23 close: $19.59
1 Month avg volatility: $0.93. Volatility stop (for downward breakout): $21.79 or 11.3% above the close.
Change YTD: 0.31%
Volume: 1,144,500 shares. 3 month avg: 1,209,165 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, Eve and Adam reversal pattern from 12/06/2023 to 12/14/2023
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.

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Regis Corp (RGS)
Industry: Toiletries/Cosmetics
Industry RS rank: 57 out of 60
Stock RS rank: 622 out of 623
12/28/23 close: $10.44
1 Month avg volatility: $1.29. Volatility stop (for upward breakout): $7.62 or 27.0% below the close.
Change YTD: -57.21%
Volume: 178,800 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: Flag, high and tight continuation pattern from 12/20/2023 to 12/28/2023
WARNING: A dead-cat bounce occurred on 12/14/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 03/14/2024 and a 38% chance by 06/13/2024.
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.

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Rockwell Automation Inc (ROK)
Industry: Diversified Co.
Industry RS rank: 29 out of 60
Stock RS rank: 482 out of 623
12/28/23 close: $310.62
1 Month avg volatility: $5.10. Volatility stop (for upward breakout): $298.73 or 3.8% below the close.
Change YTD: 20.60%
Volume: 331,900 shares. 3 month avg: 619,245 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: Cup with handle continuation pattern from 10/12/2023 to 12/15/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 5%.
Throwbacks occur 58% of the time.
Price hits measure rule target 50% of the time.

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Sally Beauty (SBH)
Industry: Toiletries/Cosmetics
Industry RS rank: 57 out of 60
Stock RS rank: 235 out of 623
12/28/23 close: $13.46
1 Month avg volatility: $0.47. Volatility stop (for upward breakout): $12.42 or 7.7% below the close.
Change YTD: 7.51%
Volume: 1,033,200 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: Cup with handle continuation pattern from 07/26/2023 to 12/14/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 5%.
Throwbacks occur 58% of the time.
Price hits measure rule target 50% of the time.

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Schlumberger Limited (SLB)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 41 out of 60
Stock RS rank: 315 out of 623
12/28/23 close: $52.24
1 Month avg volatility: $1.21. Volatility stop (for upward breakout): $49.75 or 4.8% below the close.
Change YTD: -2.28%
Volume: 6,978,300 shares. 3 month avg: 8,320,412 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 12/04/2023 to 12/11/2023
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.

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Sitio Royalties Corp (STR)
Industry: Natural Gas (Diversified)
Industry RS rank: 47 out of 60
Stock RS rank: 530 out of 623
12/28/23 close: $23.90
1 Month avg volatility: $0.60. Volatility stop (for upward breakout): $22.68 or 5.1% below the close.
Change YTD: -17.16%
Volume: 446,100 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: Pipe bottom reversal pattern from 12/04/2023 to 12/11/2023
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.

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Southwestern Energy Company (SWN)
Industry: Natural Gas (Diversified)
Industry RS rank: 47 out of 60
Stock RS rank: 186 out of 623
12/28/23 close: $6.63
1 Month avg volatility: $0.19. Volatility stop (for upward breakout): $6.25 or 5.8% below the close.
Change YTD: 13.33%
Volume: 8,671,300 shares. 3 month avg: 16,683,949 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: Pipe bottom reversal pattern from 12/04/2023 to 12/11/2023
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.

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Steelcase (SCS)
Industry: Furn/Home Furnishings
Industry RS rank: 2 out of 60
Stock RS rank: 6 out of 623
12/28/23 close: $13.54
1 Month avg volatility: $0.43. Volatility stop (for upward breakout): $12.67 or 6.4% below the close.
Change YTD: 91.51%
Volume: 582,300 shares. 3 month avg: 708,518 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Flag continuation pattern from 12/21/2023 to 12/28/2023
Breakout is upward 54% of the time.
Average rise: 23%.
Break-even failure rate: 4%.
Throwbacks occur 43% of the time.
Price hits measure rule target 64% of the time.

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Synopsys Inc (SNPS)
Industry: Computer Software and Svcs
Industry RS rank: 11 out of 60
Stock RS rank: 129 out of 623
12/28/23 close: $517.41
1 Month avg volatility: $13.53. Volatility stop (for downward breakout): $548.05 or 5.9% above the close.
Change YTD: 62.05%
Volume: 828,900 shares. 3 month avg: 998,728 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 11/30/2023 to 12/13/2023
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Teleflex Inc (TFX)
Industry: Diversified Co.
Industry RS rank: 29 out of 60
Stock RS rank: 340 out of 623
12/28/23 close: $249.77
1 Month avg volatility: $4.93. Volatility stop (for upward breakout): $238.93 or 4.3% below the close.
Change YTD: 0.06%
Volume: 155,500 shares. 3 month avg: 269,822 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: Cup with handle continuation pattern from 07/24/2023 to 12/18/2023
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 5%.
Throwbacks occur 58% of the time.
Price hits measure rule target 50% of the time.

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Transocean Inc. (RIG)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 41 out of 60
Stock RS rank: 333 out of 623
12/28/23 close: $6.48
1 Month avg volatility: $0.24. Volatility stop (for upward breakout): $5.96 or 8.0% below the close.
Change YTD: 42.11%
Volume: 7,915,000 shares. 3 month avg: 22,785,002 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 12/04/2023 to 12/11/2023
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.

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Workday, Inc (WDAY)
Industry: Computer Software and Svcs
Industry RS rank: 11 out of 60
Stock RS rank: 104 out of 623
12/28/23 close: $276.08
1 Month avg volatility: $5.62. Volatility stop (for upward breakout): $261.47 or 5.3% below the close.
Change YTD: 64.99%
Volume: 825,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple bottom reversal pattern from 09/28/2023 to 10/27/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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