As of 11/20/2024
Indus: 43,408 +139.53 +0.3%
Trans: 17,002 -26.31 -0.2%
Utils: 1,055 +1.25 +0.1%
Nasdaq: 18,966 -21.33 -0.1%
S&P 500: 5,917 +0.13 +0.0%
|
YTD
+15.2%
+6.9%
+19.7%
+26.3%
+24.1%
|
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,075 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 11/20/2024
Indus: 43,408 +139.53 +0.3%
Trans: 17,002 -26.31 -0.2%
Utils: 1,055 +1.25 +0.1%
Nasdaq: 18,966 -21.33 -0.1%
S&P 500: 5,917 +0.13 +0.0%
|
YTD
+15.2%
+6.9%
+19.7%
+26.3%
+24.1%
| |
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,075 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 © 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: Diversified Co.Industry RS rank: 31 out of 60Stock RS rank: 420 out of 6233/14/24 close: $103.121 Month avg volatility: $1.64. Volatility stop (for upward breakout): $98.96 or 4.0% below the close.Change YTD: -5.67%Volume: 6,910,200 shares. 3 month avg: 3,021,471 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 02/20/2024 to 03/04/2024Breakout 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: Computer Software and SvcsIndustry RS rank: 28 out of 60Stock RS rank: 403 out of 6233/14/24 close: $570.451 Month avg volatility: $15.58. Volatility stop (for upward breakout): $537.59 or 5.8% below the close.Change YTD: -4.38%Volume: 4,239,300 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: Double Bottom, Eve and Eve reversal pattern from 02/20/2024 to 03/06/2024Breakout 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: Air TransportIndustry RS rank: 49 out of 60Stock RS rank: 478 out of 6233/14/24 close: $38.161 Month avg volatility: $1.05. Volatility stop (for upward breakout): $35.89 or 6.0% below the close.Change YTD: -2.33%Volume: 2,125,000 shares. 3 month avg: 1,966,126 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 03/04/2024 to 03/11/2024Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 7 out of 60Stock RS rank: 233 out of 6233/14/24 close: $59.261 Month avg volatility: $1.79. Volatility stop (for downward breakout): $67.89 or 14.6% above the close.Change YTD: -9.03%Volume: 790,200 shares. 3 month avg: 448,778 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 Adam reversal pattern from 03/04/2024 to 03/08/2024Breakout 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: Retail Building SupplyIndustry RS rank: 13 out of 60Stock RS rank: 286 out of 6233/14/24 close: $86.531 Month avg volatility: $2.10. Volatility stop (for downward breakout): $91.52 or 5.8% above the close.Change YTD: -0.56%Volume: 528,500 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: Diamond top reversal pattern from 02/14/2024 to 03/14/2024Breakout 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: Packaging and ContainerIndustry RS rank: 33 out of 60Stock RS rank: 513 out of 6233/14/24 close: $59.961 Month avg volatility: $1.17. Volatility stop (for upward breakout): $57.30 or 4.4% below the close.Change YTD: -11.03%Volume: 1,056,100 shares. 3 month avg: 894,866 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 02/07/2024 to 02/28/2024Breakout 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: 10 out of 60Stock RS rank: 605 out of 6233/14/24 close: $3.751 Month avg volatility: $0.50. Volatility stop (for downward breakout): $5.00 or 33.5% above the close.Change YTD: -51.86%Volume: 1,398,000 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: Pipe top reversal pattern from 02/26/2024 to 03/04/2024WARNING: A dead-cat bounce occurred on 02/12/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 05/13/2024 and a 38% chance by 08/12/2024.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: Electric Utility (West)Industry RS rank: 57 out of 60Stock RS rank: 509 out of 6233/14/24 close: $52.361 Month avg volatility: $1.01. Volatility stop (for upward breakout): $49.53 or 5.4% below the close.Change YTD: -2.95%Volume: 895,200 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 Bottom, Eve and Eve reversal pattern from 01/19/2024 to 02/07/2024Breakout 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: Electric Utility (Central)Industry RS rank: 52 out of 60Stock RS rank: 481 out of 6233/14/24 close: $27.891 Month avg volatility: $0.47. Volatility stop (for upward breakout): $26.69 or 4.3% below the close.Change YTD: -2.38%Volume: 6,001,400 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: Head-and-shoulders bottom reversal pattern from 01/24/2024 to 03/01/2024Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 39 out of 60Stock RS rank: 549 out of 6233/14/24 close: $49.791 Month avg volatility: $0.68. Volatility stop (for upward breakout): $48.24 or 3.1% below the close.Change YTD: -1.44%Volume: 16,391,300 shares. 3 month avg: 19,682,477 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, Eve and Adam reversal pattern from 02/20/2024 to 03/01/2024Breakout 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: Metals and Mining (Div.)Industry RS rank: 34 out of 60Stock RS rank: 61 out of 6233/14/24 close: $19.661 Month avg volatility: $0.58. Volatility stop (for downward breakout): $21.50 or 9.3% above the close.Change YTD: -3.72%Volume: 15,906,200 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: Head-and-shoulders top reversal pattern from 03/01/2024 to 03/13/2024Breakout 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: Natural Gas (Diversified)Industry RS rank: 55 out of 60Stock RS rank: 499 out of 6233/14/24 close: $21.561 Month avg volatility: $0.51. Volatility stop (for upward breakout): $20.38 or 5.5% below the close.Change YTD: 7.80%Volume: 2,043,400 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: Double Bottom, Eve and Eve reversal pattern from 01/18/2024 to 02/14/2024Breakout 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: Telecom. EquipmentIndustry RS rank: 15 out of 60Stock RS rank: 618 out of 6233/14/24 close: $4.551 Month avg volatility: $0.39. Volatility stop (for downward breakout): $5.43 or 19.4% above the close.Change YTD: -46.03%Volume: 997,300 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 03/13/2024 to 03/13/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: IT ServicesIndustry RS rank: 14 out of 60Stock RS rank: 489 out of 6233/14/24 close: $50.911 Month avg volatility: $1.23. Volatility stop (for downward breakout): $54.77 or 7.6% above the close.Change YTD: -4.32%Volume: 238,700 shares. 3 month avg: 127,302 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, Adam and Eve reversal pattern from 02/12/2024 to 02/28/2024Breakout 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: NoneIndustry RS rank: 20 out of 603/14/24 close: $851.271 Month avg volatility: $12.33. Volatility stop (for upward breakout): $820.94 or 3.6% below the close.Change YTD: -3.45%Volume: 84,527,900 shares. 3 month avg: 65,426,720 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 02/13/2024 to 03/01/2024Breakout 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: NoneIndustry RS rank: 20 out of 603/14/24 close: $15,607.711 Month avg volatility: $177.36. Volatility stop (for upward breakout): $15,135.42 or 3.0% below the close.Change YTD: -1.83%Volume: 95,733,700 shares. 3 month avg: 110,967,557 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, symmetrical continuation pattern from 02/20/2024 to 03/11/2024Breakout 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: Information ServicesIndustry RS rank: 32 out of 60Stock RS rank: 106 out of 6233/14/24 close: $256.711 Month avg volatility: $6.05. Volatility stop (for downward breakout): $273.61 or 6.6% above the close.Change YTD: 3.81%Volume: 682,300 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: Double Top, Adam and Eve reversal pattern from 02/29/2024 to 03/08/2024Breakout 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: IT ServicesIndustry RS rank: 14 out of 60Stock RS rank: 85 out of 6233/14/24 close: $1,202.001 Month avg volatility: $34.29. Volatility stop (for downward breakout): $1,327.34 or 10.4% above the close.Change YTD: 3.26%Volume: 364,200 shares. 3 month avg: 162,437 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Eve and Eve reversal pattern from 02/09/2024 to 03/08/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 11%.Pullbacks occur 59% of the time.Price hits measure rule target 73% of the time.
Industry: Precision InstrumentIndustry RS rank: 27 out of 60Stock RS rank: 99 out of 6233/14/24 close: $20.201 Month avg volatility: $0.85. Volatility stop (for downward breakout): $22.23 or 10.1% above the close.Change YTD: -10.34%Volume: 306,800 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: Triple top reversal pattern from 01/30/2024 to 02/28/2024Breakout 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: MachineryIndustry RS rank: 23 out of 60Stock RS rank: 253 out of 6233/14/24 close: $44.151 Month avg volatility: $0.87. Volatility stop (for upward breakout): $42.17 or 4.5% below the close.Change YTD: 7.11%Volume: 955,700 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 02/16/2024 to 03/05/2024Breakout 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: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 3 out of 60Stock RS rank: 576 out of 6233/14/24 close: $14.631 Month avg volatility: $0.64. Volatility stop (for upward breakout): $13.12 or 10.3% below the close.Change YTD: -16.54%Volume: 2,525,300 shares. 3 month avg: 3,063,175 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: Broadening top, right-angled and descending continuation pattern from 01/17/2024 to 02/26/2024Breakout is upward 51% of the time.Average rise: 28%.Break-even failure rate: 19%.Throwbacks occur 52% of the time.Price hits measure rule target 63% of the time.
Industry: Trucking/Transp. LeasingIndustry RS rank: 21 out of 60Stock RS rank: 413 out of 6233/14/24 close: $41.331 Month avg volatility: $0.95. Volatility stop (for downward breakout): $44.21 or 7.0% above the close.Change YTD: -10.09%Volume: 483,000 shares. 3 month avg: 343,494 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 Eve reversal pattern from 12/26/2023 to 01/23/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 11%.Pullbacks occur 59% of the time.Price hits measure rule target 73% of the time.
Industry: MachineryIndustry RS rank: 23 out of 60Stock RS rank: 437 out of 6233/14/24 close: $20.981 Month avg volatility: $1.05. Volatility stop (for downward breakout): $23.18 or 10.5% above the close.Change YTD: -2.55%Volume: 41,900 shares. 3 month avg: 26,271 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: Dead-cat bounce continuation pattern from 03/08/2024 to 03/08/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Electric Utility (West)Industry RS rank: 57 out of 60Stock RS rank: 523 out of 6233/14/24 close: $89.921 Month avg volatility: $1.50. Volatility stop (for upward breakout): $86.13 or 4.2% below the close.Change YTD: -8.54%Volume: 500,000 shares. 3 month avg: 199,551 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 02/14/2024 to 03/01/2024Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 29 out of 60Stock RS rank: 229 out of 6233/14/24 close: $535.581 Month avg volatility: $11.68. Volatility stop (for downward breakout): $565.79 or 5.6% above the close.Change YTD: -3.51%Volume: 329,800 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 Top, Eve and Eve reversal pattern from 02/06/2024 to 03/01/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 11%.Pullbacks occur 59% of the time.Price hits measure rule target 73% of the time.
Industry: AdvertisingIndustry RS rank: 30 out of 60Stock RS rank: 348 out of 6233/14/24 close: $32.661 Month avg volatility: $0.78. Volatility stop (for upward breakout): $30.27 or 7.3% below the close.Change YTD: 0.06%Volume: 13,153,700 shares. 3 month avg: 6,516,800 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 02/09/2024 to 03/01/2024Breakout 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: Human ResourcesIndustry RS rank: 44 out of 60Stock RS rank: 179 out of 6233/14/24 close: $68.201 Month avg volatility: $1.63. Volatility stop (for downward breakout): $72.94 or 7.0% above the close.Change YTD: 0.95%Volume: 100,800 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, Adam and Adam reversal pattern from 03/04/2024 to 03/08/2024Breakout 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: Household ProductsIndustry RS rank: 42 out of 60Stock RS rank: 447 out of 6233/14/24 close: $124.811 Month avg volatility: $1.60. Volatility stop (for upward breakout): $121.26 or 2.8% below the close.Change YTD: 2.72%Volume: 2,542,200 shares. 3 month avg: 1,751,606 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 bottom reversal pattern from 12/13/2023 to 03/13/2024Breakout is upward 53% of the time.Average rise: 27%.Break-even failure rate: 10%.Throwbacks occur 41% of the time.Price hits measure rule target 59% of the time.
Industry: Retail StoreIndustry RS rank: 10 out of 60Stock RS rank: 6 out of 6233/14/24 close: $21.501 Month avg volatility: $0.73. Volatility stop (for upward breakout): $19.68 or 8.5% below the close.Change YTD: 6.86%Volume: 9,794,600 shares. 3 month avg: 12,458,365 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 01/19/2024 to 02/29/2024Breakout 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: Petroleum (Integrated)Industry RS rank: 51 out of 60Stock RS rank: 461 out of 6233/14/24 close: $26.261 Month avg volatility: $0.53. Volatility stop (for upward breakout): $24.92 or 5.1% below the close.Change YTD: 8.69%Volume: 10,920,900 shares. 3 month avg: 10,621,542 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: Triple bottom reversal pattern from 01/18/2024 to 02/13/2024Breakout 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: Metal FabricatingIndustry RS rank: 45 out of 60Stock RS rank: 52 out of 6233/14/24 close: $51.451 Month avg volatility: $1.07. Volatility stop (for downward breakout): $53.83 or 4.6% above the close.Change YTD: 9.12%Volume: 481,100 shares. 3 month avg: 161,678 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 02/27/2024 to 03/13/2024Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 60 out of 60Stock RS rank: 607 out of 6233/14/24 close: $88.551 Month avg volatility: $3.62. Volatility stop (for upward breakout): $77.21 or 12.8% below the close.Change YTD: 8.48%Volume: 245,100 shares. 3 month avg: 10,861,705 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: Double Bottom, Adam and Adam reversal pattern from 02/05/2024 to 02/13/2024Breakout 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: NoneIndustry RS rank: 20 out of 603/14/24 close: $16,128.531 Month avg volatility: $175.23. Volatility stop (for downward breakout): $16,595.78 or 2.9% above the close.Change YTD: 7.44%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: Diamond top reversal pattern from 02/23/2024 to 03/14/2024Breakout 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: Aerospace/DefenseIndustry RS rank: 25 out of 60Stock RS rank: 328 out of 6233/14/24 close: $460.861 Month avg volatility: $6.26. Volatility stop (for downward breakout): $473.92 or 2.8% above the close.Change YTD: -1.56%Volume: 669,600 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: Triangle, descending reversal pattern from 02/26/2024 to 03/14/2024Breakout 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: Chemical (Basic)Industry RS rank: 22 out of 60Stock RS rank: 251 out of 6233/14/24 close: $57.631 Month avg volatility: $1.33. Volatility stop (for upward breakout): $54.50 or 5.4% below the close.Change YTD: 6.82%Volume: 792,300 shares. 3 month avg: 1,697,154 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 bottom reversal pattern from 02/05/2024 to 02/20/2024Breakout 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: AdvertisingIndustry RS rank: 30 out of 60Stock RS rank: 201 out of 6233/14/24 close: $92.631 Month avg volatility: $1.58. Volatility stop (for upward breakout): $88.69 or 4.3% below the close.Change YTD: 7.07%Volume: 3,066,400 shares. 3 month avg: 2,548,395 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 02/05/2024 to 02/12/2024Breakout 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: 60 out of 60Stock RS rank: 595 out of 6233/14/24 close: $11.511 Month avg volatility: $0.46. Volatility stop (for downward breakout): $12.52 or 8.8% above the close.Change YTD: 6.57%Volume: 9,090,200 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: Double Top, Eve and Eve reversal pattern from 02/16/2024 to 03/08/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 11%.Pullbacks occur 59% of the time.Price hits measure rule target 73% of the time.
Industry: Electric Utility (West)Industry RS rank: 57 out of 60Stock RS rank: 520 out of 6233/14/24 close: $40.751 Month avg volatility: $0.79. Volatility stop (for upward breakout): $38.67 or 5.1% below the close.Change YTD: -5.98%Volume: 1,148,500 shares. 3 month avg: 771,474 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 01/24/2024 to 03/01/2024Breakout 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: Insurance (Life)Industry RS rank: 19 out of 60Stock RS rank: 242 out of 6233/14/24 close: $111.741 Month avg volatility: $1.68. Volatility stop (for upward breakout): $107.52 or 3.8% below the close.Change YTD: 7.74%Volume: 1,842,300 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: Triangle, symmetrical continuation pattern from 02/15/2024 to 03/01/2024Breakout 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: Telecom. EquipmentIndustry RS rank: 15 out of 60Stock RS rank: 30 out of 6233/14/24 close: $168.451 Month avg volatility: $3.58. Volatility stop (for upward breakout): $159.55 or 5.3% below the close.Change YTD: 16.47%Volume: 7,571,100 shares. 3 month avg: 12,234,022 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: Pipe bottom reversal pattern from 01/29/2024 to 02/05/2024Breakout 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: Industrial ServicesIndustry RS rank: 16 out of 60Stock RS rank: 302 out of 6233/14/24 close: $547.081 Month avg volatility: $7.56. Volatility stop (for upward breakout): $528.76 or 3.4% below the close.Change YTD: 0.35%Volume: 362,800 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, symmetrical continuation pattern from 01/30/2024 to 03/14/2024Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 60 out of 60Stock RS rank: 555 out of 6233/14/24 close: $53.231 Month avg volatility: $0.85. Volatility stop (for upward breakout): $51.10 or 4.0% below the close.Change YTD: 2.29%Volume: 9,265,500 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: Head-and-shoulders bottom reversal pattern from 01/30/2024 to 02/28/2024Breakout 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 (West)Industry RS rank: 57 out of 60Stock RS rank: 477 out of 6233/14/24 close: $70.221 Month avg volatility: $1.29. Volatility stop (for upward breakout): $67.12 or 4.4% below the close.Change YTD: -6.04%Volume: 2,989,200 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: Head-and-shoulders bottom reversal pattern from 01/24/2024 to 03/04/2024Breakout 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: Natural Gas (Diversified)Industry RS rank: 55 out of 60Stock RS rank: 554 out of 6233/14/24 close: $23.301 Month avg volatility: $0.53. Volatility stop (for upward breakout): $22.14 or 5.0% below the close.Change YTD: -0.89%Volume: 691,200 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: Ugly double bottom reversal pattern from 02/05/2024 to 02/23/2024Breakout 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: Air TransportIndustry RS rank: 49 out of 60Stock RS rank: 476 out of 6233/14/24 close: $28.111 Month avg volatility: $0.87. Volatility stop (for downward breakout): $29.98 or 6.7% above the close.Change YTD: -2.67%Volume: 10,365,500 shares. 3 month avg: 8,472,914 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 top reversal pattern from 02/22/2024 to 03/08/2024Breakout 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: Furn/Home FurnishingsIndustry RS rank: 4 out of 60Stock RS rank: 173 out of 6233/14/24 close: $54.471 Month avg volatility: $1.11. Volatility stop (for downward breakout): $57.86 or 6.2% above the close.Change YTD: 6.87%Volume: 1,680,300 shares. 3 month avg: 985,960 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: Broadening top reversal pattern from 02/29/2024 to 03/13/2024Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 60 out of 60Stock RS rank: 602 out of 6233/14/24 close: $5.661 Month avg volatility: $0.22. Volatility stop (for upward breakout): $5.16 or 8.9% below the close.Change YTD: -10.87%Volume: 21,164,800 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 02/20/2024 to 02/26/2024Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 9 out of 60Stock RS rank: 42 out of 6233/14/24 close: $94.841 Month avg volatility: $2.68. Volatility stop (for downward breakout): $102.18 or 7.7% above the close.Change YTD: 14.55%Volume: 565,900 shares. 3 month avg: 245,355 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: Diamond top reversal pattern from 03/04/2024 to 03/14/2024Breakout 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: Precision InstrumentIndustry RS rank: 27 out of 60Stock RS rank: 178 out of 6233/14/24 close: $33.961 Month avg volatility: $1.12. Volatility stop (for downward breakout): $36.78 or 8.3% above the close.Change YTD: 9.44%Volume: 365,200 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 top reversal pattern from 02/26/2024 to 03/04/2024Breakout 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: Metals and Mining (Div.)Industry RS rank: 34 out of 60Stock RS rank: 359 out of 6233/14/24 close: $45.021 Month avg volatility: $1.09. Volatility stop (for upward breakout): $42.53 or 5.5% below the close.Change YTD: -8.76%Volume: 1,714,200 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 02/20/2024 to 02/26/2024Breakout 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.
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