As of 12/26/2024
Indus: 43,326 +28.77 +0.1%
Trans: 16,104 +40.79 +0.3%
Utils: 992 -1.47 -0.1%
Nasdaq: 20,020 -10.77 -0.1%
S&P 500: 6,038 -2.45 0.0%
|
YTD
+15.0%
+1.3%
+12.5%
+33.4%
+26.6%
|
44,200 or 41,750 by 01/01/2025
16,700 or 15,500 by 01/15/2025
1,050 or 975 by 01/01/2025
20,500 or 19,300 by 01/01/2025
6,100 or 5,775 by 01/01/2025
|
As of 12/26/2024
Indus: 43,326 +28.77 +0.1%
Trans: 16,104 +40.79 +0.3%
Utils: 992 -1.47 -0.1%
Nasdaq: 20,020 -10.77 -0.1%
S&P 500: 6,038 -2.45 0.0%
|
YTD
+15.0%
+1.3%
+12.5%
+33.4%
+26.6%
| |
44,200 or 41,750 by 01/01/2025
16,700 or 15,500 by 01/15/2025
1,050 or 975 by 01/01/2025
20,500 or 19,300 by 01/01/2025
6,100 or 5,775 by 01/01/2025
| ||
Copyright © 2024 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: IT ServicesIndustry RS rank: 7 out of 60Stock RS rank: 112 out of 6221/25/24 close: $371.941 Month avg volatility: $4.85. Volatility stop (for upward breakout): $360.42 or 3.1% below the close.Change YTD: 5.99%Volume: 2,226,600 shares. 3 month avg: 1,995,040 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 01/02/2024 to 01/08/2024Breakout 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: 8 out of 60Stock RS rank: 84 out of 6221/25/24 close: $622.581 Month avg volatility: $10.93. Volatility stop (for upward breakout): $590.38 or 5.2% below the close.Change YTD: 4.35%Volume: 3,766,200 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: Head-and-shoulders bottom reversal pattern from 12/15/2023 to 01/17/2024Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 9 out of 60Stock RS rank: 5 out of 6221/25/24 close: $180.331 Month avg volatility: $6.12. Volatility stop (for upward breakout): $165.38 or 8.3% below the close.Change YTD: 22.33%Volume: 125,365,600 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: Three Rising Valleys reversal pattern from 10/26/2023 to 01/03/2024Breakout 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: Insurance (Diversified)Industry RS rank: 31 out of 60Stock RS rank: 117 out of 6221/25/24 close: $84.891 Month avg volatility: $1.13. Volatility stop (for upward breakout): $82.22 or 3.2% below the close.Change YTD: 2.90%Volume: 1,356,500 shares. 3 month avg: 2,970,194 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 12/15/2023 to 01/09/2024Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 16 out of 60Stock RS rank: 93 out of 6221/25/24 close: $91.721 Month avg volatility: $2.17. Volatility stop (for upward breakout): $85.67 or 6.6% below the close.Change YTD: -1.22%Volume: 104,700 shares. 3 month avg: 141,992 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: Three Rising Valleys reversal pattern from 10/27/2023 to 01/09/2024Breakout 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: ElectronicsIndustry RS rank: 47 out of 60Stock RS rank: 145 out of 6221/25/24 close: $100.811 Month avg volatility: $1.30. Volatility stop (for upward breakout): $96.14 or 4.6% below the close.Change YTD: 1.69%Volume: 4,137,200 shares. 3 month avg: 1,207,969 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: Double Bottom, Adam and Adam reversal pattern from 01/04/2024 to 01/17/2024Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 45 out of 60Stock RS rank: 320 out of 6221/25/24 close: $194.171 Month avg volatility: $2.66. Volatility stop (for upward breakout): $187.80 or 3.3% below the close.Change YTD: 0.85%Volume: 54,526,400 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, Eve and Adam reversal pattern from 01/05/2024 to 01/17/2024Breakout 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: Food ProcessingIndustry RS rank: 58 out of 60Stock RS rank: 611 out of 6221/25/24 close: $51.381 Month avg volatility: $1.49. Volatility stop (for downward breakout): $56.08 or 9.2% above the close.Change YTD: -28.86%Volume: 13,150,000 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: Dead-cat bounce continuation pattern from 01/22/2024 to 01/22/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 16 out of 60Stock RS rank: 58 out of 6221/25/24 close: $98.161 Month avg volatility: $1.47. Volatility stop (for upward breakout): $94.52 or 3.7% below the close.Change YTD: -0.16%Volume: 228,100 shares. 3 month avg: 508,948 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: Channel from 12/15/2023 to 01/24/2024
Industry: Natural Gas (Diversified)Industry RS rank: 49 out of 60Stock RS rank: 449 out of 6221/25/24 close: $113.921 Month avg volatility: $1.62. Volatility stop (for downward breakout): $117.27 or 2.9% above the close.Change YTD: -1.71%Volume: 1,101,900 shares. 3 month avg: 444,800 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: Double Top, Adam and Eve reversal pattern from 12/14/2023 to 01/08/2024Breakout 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: Electric Utility (West)Industry RS rank: 57 out of 60Stock RS rank: 514 out of 6221/25/24 close: $33.941 Month avg volatility: $0.67. Volatility stop (for downward breakout): $35.58 or 4.8% above the close.Change YTD: -5.04%Volume: 716,600 shares. 3 month avg: 396,820 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Adam and Eve reversal pattern from 12/14/2023 to 01/05/2024Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 14 out of 60Stock RS rank: 219 out of 6221/25/24 close: $59.081 Month avg volatility: $1.05. Volatility stop (for upward breakout): $56.26 or 4.8% below the close.Change YTD: 6.70%Volume: 944,900 shares. 3 month avg: 808,385 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 12/21/2023 to 01/16/2024Breakout 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: Retail Building SupplyIndustry RS rank: 25 out of 60Stock RS rank: 330 out of 6221/25/24 close: $82.761 Month avg volatility: $2.08. Volatility stop (for downward breakout): $87.95 or 6.3% above the close.Change YTD: -4.90%Volume: 597,400 shares. 3 month avg: 811,195 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 Top, Eve and Adam reversal pattern from 12/27/2023 to 01/08/2024Breakout 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: BiotechnologyIndustry RS rank: 17 out of 60Stock RS rank: 245 out of 6221/25/24 close: $91.251 Month avg volatility: $2.14. Volatility stop (for downward breakout): $97.22 or 6.6% above the close.Change YTD: -5.36%Volume: 1,199,400 shares. 3 month avg: 1,330,032 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, Adam and Eve reversal pattern from 12/14/2023 to 01/08/2024Breakout 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: Electric Utility (West)Industry RS rank: 57 out of 60Stock RS rank: 535 out of 6221/25/24 close: $51.001 Month avg volatility: $1.03. Volatility stop (for downward breakout): $53.18 or 4.3% above the close.Change YTD: -5.47%Volume: 613,800 shares. 3 month avg: 512,838 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 Top, Adam and Eve reversal pattern from 12/14/2023 to 01/08/2024Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 10 out of 60Stock RS rank: 102 out of 6221/25/24 close: $3,503.251 Month avg volatility: $60.13. Volatility stop (for upward breakout): $3,371.20 or 3.8% below the close.Change YTD: -1.24%Volume: 277,700 shares. 3 month avg: 441,478 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: Three Rising Valleys reversal pattern from 10/26/2023 to 01/04/2024Breakout 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: Cement and AggregatesIndustry RS rank: 22 out of 60Stock RS rank: 208 out of 6221/25/24 close: $8.121 Month avg volatility: $0.21. Volatility stop (for upward breakout): $7.36 or 9.4% below the close.Change YTD: 4.77%Volume: 12,027,300 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: Double Bottom, Eve and Eve reversal pattern from 01/04/2024 to 01/17/2024Breakout 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 (Basic)Industry RS rank: 39 out of 60Stock RS rank: 408 out of 6221/25/24 close: $76.951 Month avg volatility: $1.75. Volatility stop (for upward breakout): $71.55 or 7.0% below the close.Change YTD: -3.21%Volume: 1,670,900 shares. 3 month avg: 3,754,700 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 12/05/2023 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: Electric Utility (East)Industry RS rank: 53 out of 60Stock RS rank: 446 out of 6221/25/24 close: $89.671 Month avg volatility: $1.32. Volatility stop (for downward breakout): $92.36 or 3.0% above the close.Change YTD: -1.43%Volume: 1,539,300 shares. 3 month avg: 1,605,666 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, Adam and Eve reversal pattern from 12/14/2023 to 01/10/2024Breakout 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: Food ProcessingIndustry RS rank: 58 out of 60Stock RS rank: 477 out of 6221/25/24 close: $29.681 Month avg volatility: $0.57. Volatility stop (for downward breakout): $30.98 or 4.4% above the close.Change YTD: 3.56%Volume: 4,154,400 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, descending reversal pattern from 12/14/2023 to 01/22/2024Breakout 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.
Industry: Information ServicesIndustry RS rank: 21 out of 60Stock RS rank: 310 out of 6221/25/24 close: $84.611 Month avg volatility: $1.47. Volatility stop (for upward breakout): $81.12 or 4.1% below the close.Change YTD: -3.18%Volume: 1,355,800 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 Adam reversal pattern from 01/05/2024 to 01/17/2024Breakout 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: Electric Utility (East)Industry RS rank: 53 out of 60Stock RS rank: 311 out of 6221/25/24 close: $95.731 Month avg volatility: $1.36. Volatility stop (for downward breakout): $98.49 or 2.9% above the close.Change YTD: -1.35%Volume: 2,460,400 shares. 3 month avg: 2,571,354 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, Adam and Eve reversal pattern from 12/14/2023 to 01/10/2024Breakout 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: Electric Utility (East)Industry RS rank: 53 out of 60Stock RS rank: 454 out of 6221/25/24 close: $36.501 Month avg volatility: $0.60. Volatility stop (for downward breakout): $37.72 or 3.3% above the close.Change YTD: -0.44%Volume: 3,962,900 shares. 3 month avg: 4,155,280 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Adam and Eve reversal pattern from 12/14/2023 to 01/10/2024Breakout 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: Computer Software and SvcsIndustry RS rank: 8 out of 60Stock RS rank: 423 out of 6221/25/24 close: $77.761 Month avg volatility: $2.28. Volatility stop (for upward breakout): $72.47 or 6.8% below the close.Change YTD: -1.18%Volume: 1,133,000 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, Eve and Adam reversal pattern from 01/05/2024 to 01/17/2024Breakout 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: Industrial ServicesIndustry RS rank: 20 out of 60Stock RS rank: 366 out of 6221/25/24 close: $74.291 Month avg volatility: $1.00. Volatility stop (for upward breakout): $71.78 or 3.4% below the close.Change YTD: 0.90%Volume: 998,600 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 01/03/2024 to 01/17/2024Breakout 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: IT ServicesIndustry RS rank: 7 out of 60Stock RS rank: 50 out of 6221/25/24 close: $461.191 Month avg volatility: $7.10. Volatility stop (for upward breakout): $442.81 or 4.0% below the close.Change YTD: 2.23%Volume: 304,300 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: Pipe bottom reversal pattern from 01/02/2024 to 01/08/2024Breakout 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: 564 out of 6221/25/24 close: $189.361 Month avg volatility: $3.35. Volatility stop (for downward breakout): $197.10 or 4.1% above the close.Change YTD: 1.57%Volume: 1,317,800 shares. 3 month avg: 973,146 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, descending reversal pattern from 01/04/2024 to 01/25/2024Breakout 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.
Industry: HomebuildingIndustry RS rank: 3 out of 60Stock RS rank: 178 out of 6221/25/24 close: $141.571 Month avg volatility: $3.02. Volatility stop (for downward breakout): $147.73 or 4.4% above the close.Change YTD: -6.85%Volume: 3,883,700 shares. 3 month avg: 4,390,840 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: Double Top, Eve and Adam reversal pattern from 01/10/2024 to 01/22/2024Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 37 out of 60Stock RS rank: 289 out of 6221/25/24 close: $206.261 Month avg volatility: $3.97. Volatility stop (for upward breakout): $196.16 or 4.9% below the close.Change YTD: 3.26%Volume: 929,100 shares. 3 month avg: 898,451 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 01/04/2024 to 01/16/2024Breakout 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: Telecom. EquipmentIndustry RS rank: 18 out of 60Stock RS rank: 159 out of 6221/25/24 close: $5.281 Month avg volatility: $0.21. Volatility stop (for upward breakout): $4.72 or 10.6% below the close.Change YTD: 11.16%Volume: 2,786,900 shares. 3 month avg: 1,624,214 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 10/30/2023 to 01/04/2024Breakout 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: ElectronicsIndustry RS rank: 47 out of 60Stock RS rank: 122 out of 6221/25/24 close: $101.331 Month avg volatility: $2.29. Volatility stop (for upward breakout): $96.06 or 5.2% below the close.Change YTD: 2.27%Volume: 189,000 shares. 3 month avg: 128,783 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Three Rising Valleys reversal pattern from 10/25/2023 to 01/03/2024Breakout 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: Industrial ServicesIndustry RS rank: 20 out of 60Stock RS rank: 182 out of 6221/25/24 close: $68.431 Month avg volatility: $1.23. Volatility stop (for upward breakout): $65.23 or 4.7% below the close.Change YTD: -2.21%Volume: 1,272,600 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 Eve reversal pattern from 01/03/2024 to 01/17/2024Breakout 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: Precision InstrumentIndustry RS rank: 38 out of 60Stock RS rank: 444 out of 6221/25/24 close: $155.601 Month avg volatility: $2.20. Volatility stop (for upward breakout): $150.60 or 3.2% below the close.Change YTD: -2.19%Volume: 986,300 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: Double Bottom, Eve and Eve reversal pattern from 01/05/2024 to 01/17/2024Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 1 out of 60Stock RS rank: 22 out of 6221/25/24 close: $641.691 Month avg volatility: $12.37. Volatility stop (for upward breakout): $614.42 or 4.3% below the close.Change YTD: 10.39%Volume: 1,679,700 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 10/26/2023 to 01/05/2024Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 1 out of 60Stock RS rank: 35 out of 6221/25/24 close: $865.601 Month avg volatility: $17.47. Volatility stop (for upward breakout): $829.77 or 4.1% below the close.Change YTD: 10.51%Volume: 3,098,900 shares. 3 month avg: 2,565,394 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: Three Rising Valleys reversal pattern from 10/31/2023 to 01/04/2024Breakout 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: Computer Software and SvcsIndustry RS rank: 8 out of 60Stock RS rank: 16 out of 6221/25/24 close: $40.261 Month avg volatility: $1.11. Volatility stop (for upward breakout): $37.90 or 5.9% below the close.Change YTD: 6.28%Volume: 373,500 shares. 3 month avg: 906,945 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 01/02/2024 to 01/08/2024Breakout 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: Aerospace/DefenseIndustry RS rank: 27 out of 60Stock RS rank: 396 out of 6221/25/24 close: $431.041 Month avg volatility: $6.94. Volatility stop (for downward breakout): $447.82 or 3.9% above the close.Change YTD: -4.90%Volume: 1,811,500 shares. 3 month avg: 1,203,803 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.Chart pattern: Double Top, Eve and Adam reversal pattern from 01/03/2024 to 01/16/2024Breakout 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: BiotechnologyIndustry RS rank: 17 out of 60Stock RS rank: 314 out of 6221/25/24 close: $22.101 Month avg volatility: $0.82. Volatility stop (for upward breakout): $19.89 or 10.0% below the close.Change YTD: 15.46%Volume: 616,400 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 01/02/2024 to 01/08/2024Breakout 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: 59 out of 60Stock RS rank: 166 out of 6221/25/24 close: $20.981 Month avg volatility: $0.54. Volatility stop (for upward breakout): $19.49 or 7.1% below the close.Change YTD: 3.45%Volume: 4,637,700 shares. 3 month avg: 3,130,966 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 Adam reversal pattern from 01/11/2024 to 01/17/2024Breakout 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: Retail StoreIndustry RS rank: 12 out of 60Stock RS rank: 492 out of 6221/25/24 close: $19.481 Month avg volatility: $0.66. Volatility stop (for upward breakout): $17.75 or 8.9% below the close.Change YTD: 5.58%Volume: 3,789,300 shares. 3 month avg: 4,990,363 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: Horn bottom reversal pattern from 01/02/2024 to 01/16/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 9%.Throwbacks occur 29% of the time.Price hits measure rule target 76% of the time.
Industry: Aerospace/DefenseIndustry RS rank: 27 out of 60Stock RS rank: 399 out of 6221/25/24 close: $434.551 Month avg volatility: $7.99. Volatility stop (for downward breakout): $464.98 or 7.0% above the close.Change YTD: -7.18%Volume: 2,272,900 shares. 3 month avg: 756,831 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: Triple top reversal pattern from 12/13/2023 to 01/17/2024Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 9 out of 60Stock RS rank: 33 out of 6221/25/24 close: $616.171 Month avg volatility: $14.74. Volatility stop (for upward breakout): $579.01 or 6.0% below the close.Change YTD: 24.42%Volume: 47,308,100 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: Three Rising Valleys reversal pattern from 10/31/2023 to 01/03/2024Breakout 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: Financial ServicesIndustry RS rank: 24 out of 60Stock RS rank: 538 out of 6221/25/24 close: $60.711 Month avg volatility: $2.21. Volatility stop (for upward breakout): $54.47 or 10.3% below the close.Change YTD: -1.14%Volume: 42,951,500 shares. 3 month avg: 21,592,165 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 Bottom, Adam and Adam reversal pattern from 01/04/2024 to 01/17/2024Breakout 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: HomebuildingIndustry RS rank: 3 out of 60Stock RS rank: 59 out of 6221/25/24 close: $105.131 Month avg volatility: $2.11. Volatility stop (for upward breakout): $98.69 or 6.1% below the close.Change YTD: 1.85%Volume: 2,107,500 shares. 3 month avg: 4,812,565 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: Three Rising Valleys reversal pattern from 10/24/2023 to 01/03/2024Breakout 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: Chemical (Specialty)Industry RS rank: 19 out of 60Stock RS rank: 328 out of 6221/25/24 close: $195.071 Month avg volatility: $5.07. Volatility stop (for upward breakout): $182.33 or 6.5% below the close.Change YTD: -8.60%Volume: 71,100 shares. 3 month avg: 69,343 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: Diamond bottom reversal pattern from 01/09/2024 to 01/24/2024Breakout is upward 69% of the time.Average rise: 36%.Break-even failure rate: 4%.Throwbacks occur 53% of the time.Price hits measure rule target 81% of the time.
Industry: Medical ServicesIndustry RS rank: 46 out of 60Stock RS rank: 392 out of 6221/25/24 close: $130.151 Month avg volatility: $2.44. Volatility stop (for downward breakout): $135.75 or 4.3% above the close.Change YTD: -5.61%Volume: 1,853,000 shares. 3 month avg: 1,490,418 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: Triple top reversal pattern from 12/14/2023 to 01/10/2024Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 1 out of 60Stock RS rank: 69 out of 6221/25/24 close: $73.241 Month avg volatility: $2.63. Volatility stop (for downward breakout): $81.16 or 10.8% above the close.Change YTD: 7.31%Volume: 1,517,800 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 Thursday.Chart pattern: Broadening top reversal pattern from 11/21/2023 to 01/22/2024WARNING: 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 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: 60 out of 60Stock RS rank: 618 out of 6221/25/24 close: $12.881 Month avg volatility: $1.40. Volatility stop (for downward breakout): $15.79 or 22.6% above the close.Change YTD: 36.30%Volume: 41,400 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: Pipe top reversal pattern from 12/04/2023 to 12/11/2023WARNING: 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 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: Oilfield Svcs/EquipmentIndustry RS rank: 59 out of 60Stock RS rank: 458 out of 6221/25/24 close: $52.471 Month avg volatility: $1.17. Volatility stop (for upward breakout): $48.99 or 6.6% below the close.Change YTD: 0.83%Volume: 11,837,500 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 Monday.Chart pattern: Pipe bottom reversal pattern from 01/08/2024 to 01/16/2024Breakout 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: 428 out of 6221/25/24 close: $70.731 Month avg volatility: $1.12. Volatility stop (for downward breakout): $73.22 or 3.5% above the close.Change YTD: -5.35%Volume: 3,222,200 shares. 3 month avg: 1,356,452 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Adam and Eve reversal pattern from 12/14/2023 to 01/08/2024Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 1 out of 60Stock RS rank: 575 out of 6221/25/24 close: $21.261 Month avg volatility: $0.74. Volatility stop (for upward breakout): $19.77 or 7.0% below the close.Change YTD: -2.97%Volume: 639,000 shares. 3 month avg: 510,991 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 01/08/2024 to 01/16/2024WARNING: A dead-cat bounce occurred on 10/19/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 04/18/2024.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: Industrial ServicesIndustry RS rank: 20 out of 60Stock RS rank: 251 out of 6221/25/24 close: $69.981 Month avg volatility: $1.02. Volatility stop (for upward breakout): $67.30 or 3.8% below the close.Change YTD: 2.24%Volume: 847,400 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: Head-and-shoulders bottom reversal pattern from 01/04/2024 to 01/19/2024Breakout 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: Electric Utility (East)Industry RS rank: 53 out of 60Stock RS rank: 403 out of 6221/25/24 close: $69.241 Month avg volatility: $1.01. Volatility stop (for downward breakout): $71.29 or 3.0% above the close.Change YTD: -1.25%Volume: 3,894,600 shares. 3 month avg: 4,460,623 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Head-and-shoulders top reversal pattern from 12/07/2023 to 01/04/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Air TransportIndustry RS rank: 52 out of 60Stock RS rank: 527 out of 6221/25/24 close: $30.391 Month avg volatility: $0.89. Volatility stop (for upward breakout): $28.17 or 7.3% below the close.Change YTD: 5.23%Volume: 19,512,600 shares. 3 month avg: 5,071,869 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: Double Bottom, Adam and Adam reversal pattern from 01/03/2024 to 01/16/2024Breakout 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: Aerospace/DefenseIndustry RS rank: 27 out of 60Stock RS rank: 183 out of 6221/25/24 close: $424.911 Month avg volatility: $7.70. Volatility stop (for downward breakout): $445.15 or 4.8% above the close.Change YTD: -4.79%Volume: 301,500 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: Double Top, Adam and Adam reversal pattern from 12/29/2023 to 01/24/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 2 out of 60Stock RS rank: 175 out of 6221/25/24 close: $50.991 Month avg volatility: $1.08. Volatility stop (for downward breakout): $53.45 or 4.8% above the close.Change YTD: 0.04%Volume: 1,449,000 shares. 3 month avg: 985,960 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: Roof, inverted reversal pattern from 12/15/2023 to 01/25/2024Breakout is downward 50% of the time.Average decline: 17%.Break-even failure rate: 10%.Pullbacks occur 56% of the time.Price hits measure rule target 73% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 8 out of 60Stock RS rank: 506 out of 6221/25/24 close: $47.761 Month avg volatility: $0.87. Volatility stop (for upward breakout): $45.66 or 4.4% below the close.Change YTD: 9.77%Volume: 561,600 shares. 3 month avg: 1,378,918 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 12/07/2023 to 01/05/2024Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 1 out of 60Stock RS rank: 382 out of 6221/25/24 close: $109.951 Month avg volatility: $2.35. Volatility stop (for upward breakout): $105.06 or 4.5% below the close.Change YTD: 1.32%Volume: 2,007,300 shares. 3 month avg: 2,362,042 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 Bottom, Adam and Adam reversal pattern from 01/04/2024 to 01/17/2024Breakout 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: Metal FabricatingIndustry RS rank: 48 out of 60Stock RS rank: 473 out of 6221/25/24 close: $81.771 Month avg volatility: $1.32. Volatility stop (for upward breakout): $77.67 or 5.0% below the close.Change YTD: 2.02%Volume: 455,600 shares. 3 month avg: 853,643 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 01/03/2024 to 01/17/2024Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 10 out of 60Stock RS rank: 165 out of 6221/25/24 close: $8.921 Month avg volatility: $0.37. Volatility stop (for downward breakout): $9.68 or 8.6% above the close.Change YTD: -6.40%Volume: 51,300 shares. 3 month avg: 22,411 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 Tuesday.Chart pattern: Triangle, descending reversal pattern from 12/07/2023 to 01/12/2024Breakout 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.
Industry: Natural Gas (Distributor)Industry RS rank: 51 out of 60Stock RS rank: 301 out of 6221/25/24 close: $34.441 Month avg volatility: $0.56. Volatility stop (for downward breakout): $35.56 or 3.3% above the close.Change YTD: -1.12%Volume: 6,070,200 shares. 3 month avg: 4,990,974 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 top reversal pattern from 11/06/2023 to 01/04/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
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