As of 10/31/2024
Indus: 41,763 -378.08 -0.9%
Trans: 16,252 -72.16 -0.4%
Utils: 1,037 +7.68 +0.7%
Nasdaq: 18,095 -512.78 -2.8%
S&P 500: 5,705 -108.22 -1.9%
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YTD
+10.8%
+2.2%
+17.6%
+20.5%
+19.6%
|
 43,100 or 41,250 by 11/15/202416,800 or 15,700 by 11/15/20241,075 or 1,000 by 11/15/202419,000 or 17,600 by 11/15/20245,900 or 5,600 by 11/15/2024 |
As of 10/31/2024
Indus: 41,763 -378.08 -0.9%
Trans: 16,252 -72.16 -0.4%
Utils: 1,037 +7.68 +0.7%
Nasdaq: 18,095 -512.78 -2.8%
S&P 500: 5,705 -108.22 -1.9%
|
YTD
+10.8%
+2.2%
+17.6%
+20.5%
+19.6%
| |
|
43,100 or 41,250 by 11/15/202416,800 or 15,700 by 11/15/20241,075 or 1,000 by 11/15/202419,000 or 17,600 by 11/15/20245,900 or 5,600 by 11/15/2024 | ||
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: Computer Software and SvcsIndustry RS rank: 3 out of 60Stock RS rank: 51 out of 6232/8/24 close: $64.581 Month avg volatility: $1.46. Volatility stop (for upward breakout): $59.92 or 7.2% below the close.Change YTD: -0.06%Volume: 167,000 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: Three Rising Valleys reversal pattern from 01/10/2024 to 02/02/2024Breakout 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: IT ServicesIndustry RS rank: 7 out of 60Stock RS rank: 335 out of 6232/8/24 close: $89.501 Month avg volatility: $1.16. Volatility stop (for downward breakout): $93.41 or 4.4% above the close.Change YTD: 1.83%Volume: 798,800 shares. 3 month avg: 895,243 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 Top, Eve and Adam reversal pattern from 01/22/2024 to 02/07/2024Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 13 out of 60Stock RS rank: 84 out of 6232/8/24 close: $93.381 Month avg volatility: $2.36. Volatility stop (for upward breakout): $86.45 or 7.4% below the close.Change YTD: 0.57%Volume: 109,900 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: Triangle, symmetrical continuation pattern from 01/22/2024 to 02/08/2024Breakout 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: Insurance (Diversified)Industry RS rank: 34 out of 60Stock RS rank: 407 out of 6232/8/24 close: $307.181 Month avg volatility: $5.37. Volatility stop (for downward breakout): $318.14 or 3.6% above the close.Change YTD: 5.55%Volume: 1,549,900 shares. 3 month avg: 1,880,728 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 top reversal pattern from 01/16/2024 to 01/22/2024Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 27 out of 60Stock RS rank: 82 out of 6232/8/24 close: $139.811 Month avg volatility: $4.56. Volatility stop (for upward breakout): $127.19 or 9.0% below the close.Change YTD: 16.30%Volume: 348,900 shares. 3 month avg: 234,063 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: Triangle, ascending reversal pattern from 12/04/2023 to 02/01/2024Breakout 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: Packaging and ContainerIndustry RS rank: 38 out of 60Stock RS rank: 263 out of 6232/8/24 close: $59.141 Month avg volatility: $1.39. Volatility stop (for upward breakout): $55.55 or 6.1% below the close.Change YTD: 2.82%Volume: 1,971,700 shares. 3 month avg: 2,433,769 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 01/03/2024 to 02/01/2024Breakout 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: Aerospace/DefenseIndustry RS rank: 26 out of 60Stock RS rank: 507 out of 6232/8/24 close: $209.221 Month avg volatility: $6.25. Volatility stop (for upward breakout): $196.21 or 6.2% below the close.Change YTD: -19.73%Volume: 5,762,000 shares. 3 month avg: 3,332,308 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: Diamond bottom reversal pattern from 01/16/2024 to 02/08/2024Breakout 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: ShoeIndustry RS rank: 5 out of 60Stock RS rank: 494 out of 6232/8/24 close: $84.731 Month avg volatility: $2.67. Volatility stop (for upward breakout): $79.10 or 6.7% below the close.Change YTD: 10.38%Volume: 822,700 shares. 3 month avg: 434,749 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: Packaging and ContainerIndustry RS rank: 38 out of 60Stock RS rank: 544 out of 6232/8/24 close: $74.291 Month avg volatility: $2.02. Volatility stop (for downward breakout): $79.58 or 7.1% above the close.Change YTD: -19.33%Volume: 1,875,600 shares. 3 month avg: 762,669 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: Dead-cat bounce continuation pattern from 02/06/2024 to 02/06/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: MachineryIndustry RS rank: 29 out of 60Stock RS rank: 294 out of 6232/8/24 close: $249.921 Month avg volatility: $4.66. Volatility stop (for upward breakout): $238.21 or 4.7% below the close.Change YTD: 4.32%Volume: 641,700 shares. 3 month avg: 1,327,631 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: Head-and-shoulders bottom reversal pattern from 12/22/2023 to 02/06/2024Breakout 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: Toiletries/CosmeticsIndustry RS rank: 51 out of 60Stock RS rank: 537 out of 6232/8/24 close: $140.771 Month avg volatility: $4.55. Volatility stop (for upward breakout): $128.93 or 8.4% below the close.Change YTD: -3.75%Volume: 4,297,500 shares. 3 month avg: 1,843,415 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 01/16/2024 to 01/22/2024WARNING: A dead-cat bounce occurred on 11/01/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/01/2024.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: MachineryIndustry RS rank: 29 out of 60Stock RS rank: 284 out of 6232/8/24 close: $41.341 Month avg volatility: $0.73. Volatility stop (for upward breakout): $39.58 or 4.3% below the close.Change YTD: 0.29%Volume: 1,026,800 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: Triangle, symmetrical continuation pattern from 10/17/2023 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: ApparelIndustry RS rank: 2 out of 60Stock RS rank: 3 out of 6232/8/24 close: $20.041 Month avg volatility: $0.63. Volatility stop (for upward breakout): $18.59 or 7.3% below the close.Change YTD: -4.16%Volume: 7,172,900 shares. 3 month avg: 5,662,882 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 01/18/2024 to 01/31/2024Breakout 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: Securities BrokerageIndustry RS rank: 31 out of 60Stock RS rank: 190 out of 6232/8/24 close: $385.041 Month avg volatility: $6.73. Volatility stop (for downward breakout): $401.57 or 4.3% above the close.Change YTD: -0.19%Volume: 1,877,500 shares. 3 month avg: 2,673,269 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 top reversal pattern from 12/28/2023 to 02/08/2024Breakout 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.
Industry: Toiletries/CosmeticsIndustry RS rank: 51 out of 60Stock RS rank: 525 out of 6232/8/24 close: $116.181 Month avg volatility: $3.81. Volatility stop (for downward breakout): $123.96 or 6.7% above the close.Change YTD: -3.83%Volume: 138,700 shares. 3 month avg: 160,343 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 top reversal pattern from 12/14/2023 to 01/26/2024Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 18 out of 60Stock RS rank: 214 out of 6232/8/24 close: $573.611 Month avg volatility: $15.04. Volatility stop (for upward breakout): $532.33 or 7.2% below the close.Change YTD: 3.34%Volume: 484,000 shares. 3 month avg: 512,494 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 01/17/2024 to 02/01/2024Breakout 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: Toiletries/CosmeticsIndustry RS rank: 51 out of 60Stock RS rank: 202 out of 6232/8/24 close: $150.751 Month avg volatility: $3.66. Volatility stop (for upward breakout): $140.59 or 6.7% below the close.Change YTD: 4.68%Volume: 130,800 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 Thursday.Chart pattern: Triple bottom reversal pattern from 01/05/2024 to 01/25/2024Breakout 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: Furn/Home FurnishingsIndustry RS rank: 4 out of 60Stock RS rank: 154 out of 6232/8/24 close: $37.651 Month avg volatility: $0.86. Volatility stop (for upward breakout): $35.04 or 6.9% below the close.Change YTD: 1.98%Volume: 401,200 shares. 3 month avg: 437,505 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 01/18/2024 to 02/02/2024Breakout 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: HomebuildingIndustry RS rank: 9 out of 60Stock RS rank: 109 out of 6232/8/24 close: $153.291 Month avg volatility: $3.31. Volatility stop (for downward breakout): $160.72 or 4.9% above the close.Change YTD: 2.85%Volume: 1,297,800 shares. 3 month avg: 3,465,638 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: Roof, inverted reversal pattern from 01/10/2024 to 02/08/2024Breakout 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: HomebuildingIndustry RS rank: 9 out of 60Stock RS rank: 100 out of 6232/8/24 close: $122.361 Month avg volatility: $4.04. Volatility stop (for downward breakout): $130.50 or 6.7% above the close.Change YTD: -11.17%Volume: 188,900 shares. 3 month avg: 297,328 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 12/29/2023 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: Oilfield Svcs/EquipmentIndustry RS rank: 60 out of 60Stock RS rank: 6 out of 6232/8/24 close: $11.341 Month avg volatility: $0.39. Volatility stop (for upward breakout): $8.97 or 20.9% below the close.Change YTD: 15.95%Volume: 866,600 shares. 3 month avg: 303,508 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 Bottom, Adam and Eve reversal pattern from 01/19/2024 to 02/05/2024Breakout 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: NoneIndustry RS rank: 11 out of 602/8/24 close: $15,793.711 Month avg volatility: $161.35. Volatility stop (for upward breakout): $15,416.47 or 2.4% below the close.Change YTD: 5.21%Volume: 0 shares. Could not calculate the 3 month avg volume.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, 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: Oilfield Svcs/EquipmentIndustry RS rank: 60 out of 60Stock RS rank: 540 out of 6232/8/24 close: $17.271 Month avg volatility: $0.69. Volatility stop (for downward breakout): $18.76 or 8.6% above the close.Change YTD: -14.84%Volume: 21,569,800 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 Top, Eve and Adam reversal pattern from 12/26/2023 to 01/25/2024Breakout 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: Precision InstrumentIndustry RS rank: 37 out of 60Stock RS rank: 271 out of 6232/8/24 close: $163.281 Month avg volatility: $4.37. Volatility stop (for upward breakout): $152.38 or 6.7% below the close.Change YTD: -3.05%Volume: 194,000 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: Head-and-shoulders bottom reversal pattern from 01/05/2024 to 02/06/2024Breakout 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: Computer Software and SvcsIndustry RS rank: 3 out of 60Stock RS rank: 5 out of 6232/8/24 close: $367.021 Month avg volatility: $8.61. Volatility stop (for upward breakout): $345.79 or 5.8% below the close.Change YTD: 24.46%Volume: 2,915,700 shares. 3 month avg: 1,496,697 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: Flag continuation pattern from 01/23/2024 to 02/06/2024Breakout 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.
Industry: Medical SuppliesIndustry RS rank: 46 out of 60Stock RS rank: 219 out of 6232/8/24 close: $272.341 Month avg volatility: $7.78. Volatility stop (for upward breakout): $246.89 or 9.4% below the close.Change YTD: 8.27%Volume: 333,200 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: Three Rising Valleys reversal pattern from 11/10/2023 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: Insurance (Life)Industry RS rank: 17 out of 60Stock RS rank: 175 out of 6232/8/24 close: $108.611 Month avg volatility: $1.65. Volatility stop (for upward breakout): $104.08 or 4.2% below the close.Change YTD: 4.72%Volume: 1,834,600 shares. 3 month avg: 1,688,191 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, Eve and Adam reversal pattern from 01/18/2024 to 02/01/2024Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 60 out of 60Stock RS rank: 568 out of 6232/8/24 close: $47.791 Month avg volatility: $1.17. Volatility stop (for downward breakout): $50.27 or 5.2% above the close.Change YTD: -8.17%Volume: 12,146,700 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 top reversal pattern from 01/22/2024 to 01/29/2024Breakout 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: ShoeIndustry RS rank: 5 out of 60Stock RS rank: 256 out of 6232/8/24 close: $57.971 Month avg volatility: $1.36. Volatility stop (for downward breakout): $61.11 or 5.4% above the close.Change YTD: -7.01%Volume: 2,005,500 shares. 3 month avg: 3,234,920 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Diamond top reversal pattern from 01/10/2024 to 02/01/2024Breakout 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.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 39 out of 60Stock RS rank: 7 out of 6232/8/24 close: $6.921 Month avg volatility: $0.33. Volatility stop (for downward breakout): $7.71 or 11.4% above the close.Change YTD: 23.13%Volume: 567,600 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 top reversal pattern from 01/22/2024 to 01/29/2024Breakout 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.
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