As of 05/15/2024

Indus: 39,908 +349.89 +0.9%

Trans: 15,582 +18.64 +0.1%

Utils: 950 +9.15 +1.0%

Nasdaq: 16,742 +231.21 +1.4%

S&P 500: 5,308 +61.47 +1.2%

YTD

+5.9%

-2.0%

+7.7%

+11.5%

+11.3%

Targets Overview: 05/13/2024

39,950 or 38,500 by 06/01/2024

16,050 or 15,300 by 06/01/2024

960 or 900 by 06/01/2024

17,250 or 15,850 by 06/01/2024

5,500 or 5,100 by 06/01/2024

Chart Pattern Indicator:

on 5/1/24

As of 05/15/2024

Indus: 39,908 +349.89 +0.9%

Trans: 15,582 +18.64 +0.1%

Utils: 950 +9.15 +1.0%

Nasdaq: 16,742 +231.21 +1.4%

S&P 500: 5,308 +61.47 +1.2%

YTD

+5.9%

-2.0%

+7.7%

+11.5%

+11.3%

Targets Overview: 05/13/2024

39,950 or 38,500 by 06/01/2024

16,050 or 15,300 by 06/01/2024

960 or 900 by 06/01/2024

17,250 or 15,850 by 06/01/2024

5,500 or 5,100 by 06/01/2024

Chart Pattern Indicator:

on 5/1/24

Patterns for the Weekend Details

Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Definitions

RS is relative strength (where 1 is best). For other definitions, see the glossary.

'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.

All numbers assume a bull market and are based on the breakout direction that occurs most often.

For more information, consult my book, Encyclopedia of Chart Patterns.

AES Corp (AES)

Industry: Electric Utility (East)

Industry RS rank: 41 out of 60

Stock RS rank: 111 out of 621

4/4/24 close: $18.14

1 Month avg volatility: $0.53. Volatility stop (for upward breakout): $17.01 or 6.3% below the close.

Change YTD: -5.77%

Volume: 9,013,600 shares. 3 month avg: 5,494,342 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 03/11/2024 to 03/18/2024

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.

Agilent Technologies Inc (A)

Industry: Precision Instrument

Industry RS rank: 32 out of 60

Stock RS rank: 184 out of 621

4/4/24 close: $141.34

1 Month avg volatility: $2.78. Volatility stop (for downward breakout): $150.82 or 6.7% above the close.

Change YTD: 1.66%

Volume: 1,183,900 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 03/08/2024 to 03/21/2024

Breakout 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.

Alarm.com Holdings inc (ALRM)

Industry: Computer Software and Svcs

Industry RS rank: 34 out of 60

Stock RS rank: 316 out of 621

4/4/24 close: $69.85

1 Month avg volatility: $1.38. Volatility stop (for downward breakout): $74.32 or 6.4% above the close.

Change YTD: 8.09%

Volume: 268,100 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 Falling Peaks reversal pattern from 02/29/2024 to 03/21/2024

Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

Albemarle Corp. (ALB)

Industry: Chemical (Diversified)

Industry RS rank: 58 out of 60

Stock RS rank: 596 out of 621

4/4/24 close: $121.12

1 Month avg volatility: $6.08. Volatility stop (for upward breakout): $108.75 or 10.2% below the close.

Change YTD: -16.17%

Volume: 3,019,300 shares. 3 month avg: 1,363,352 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Ugly double bottom reversal pattern from 03/05/2024 to 03/15/2024

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Allegiant Travel Company (ALGT)

Industry: Air Transport

Industry RS rank: 54 out of 60

Stock RS rank: 576 out of 621

4/4/24 close: $65.72

1 Month avg volatility: $2.72. Volatility stop (for upward breakout): $59.88 or 8.9% below the close.

Change YTD: -20.45%

Volume: 360,000 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Pipe bottom reversal pattern from 03/11/2024 to 03/18/2024

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.

Antero Resources Corp (AR)

Industry: Natural Gas (Diversified)

Industry RS rank: 43 out of 60

Stock RS rank: 254 out of 621

4/4/24 close: $28.96

1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $27.46 or 5.2% below the close.

Change YTD: 27.69%

Volume: 3,971,800 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: Pipe bottom reversal pattern from 03/11/2024 to 03/18/2024

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.

ArcBest Corp (ARCB)

Industry: Trucking/Transp. Leasing

Industry RS rank: 31 out of 60

Stock RS rank: 71 out of 621

4/4/24 close: $143.74

1 Month avg volatility: $5.28. Volatility stop (for upward breakout): $132.12 or 8.1% below the close.

Change YTD: 19.57%

Volume: 333,500 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: Pipe bottom reversal pattern from 03/11/2024 to 03/18/2024

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.

Arrow Electronics (ARW)

Industry: Electronics

Industry RS rank: 44 out of 60

Stock RS rank: 477 out of 621

4/4/24 close: $126.92

1 Month avg volatility: $2.39. Volatility stop (for upward breakout): $121.92 or 3.9% below the close.

Change YTD: 3.82%

Volume: 389,900 shares. 3 month avg: 447,163 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Ugly double bottom reversal pattern from 02/13/2024 to 03/19/2024

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Ashland Inc. (ASH)

Industry: Chemical (Basic)

Industry RS rank: 20 out of 60

Stock RS rank: 266 out of 621

4/4/24 close: $95.34

1 Month avg volatility: $1.42. Volatility stop (for downward breakout): $100.57 or 5.5% above the close.

Change YTD: 13.08%

Volume: 259,600 shares. 3 month avg: 610,854 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: Broadening top, right-angled and ascending reversal pattern from 03/07/2024 to 04/04/2024

Breakout is downward 66% of the time.
Average decline: 15%.
Break-even failure rate: 20%.
Pullbacks occur 65% of the time.
Price hits measure rule target 32% of the time.

Autodesk Inc (ADSK)

Industry: Computer Software and Svcs

Industry RS rank: 34 out of 60

Stock RS rank: 289 out of 621

4/4/24 close: $244.81

1 Month avg volatility: $5.42. Volatility stop (for downward breakout): $263.51 or 7.6% above the close.

Change YTD: 0.55%

Volume: 1,393,000 shares. 3 month avg: 2,150,943 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Diamond top reversal pattern from 02/09/2024 to 03/21/2024

Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

Automatic Data Processing Inc (ADP)

Industry: IT Services

Industry RS rank: 19 out of 60

Stock RS rank: 507 out of 621

4/4/24 close: $241.49

1 Month avg volatility: $3.64. Volatility stop (for downward breakout): $254.90 or 5.6% above the close.

Change YTD: 3.66%

Volume: 1,626,300 shares. 3 month avg: 2,140,888 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 03/22/2024 to 03/28/2024

Breakout 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.

Build-A-Bear Workshop Inc (BBW)

Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 4 out of 60

Stock RS rank: 509 out of 621

4/4/24 close: $28.02

1 Month avg volatility: $0.85. Volatility stop (for downward breakout): $30.57 or 9.1% above the close.

Change YTD: 21.88%

Volume: 184,500 shares. 3 month avg: 99,982 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 03/15/2024 to 04/01/2024

Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

Celestica Inc (CLS)

Industry: Electronics

Industry RS rank: 44 out of 60

Stock RS rank: 6 out of 621

4/4/24 close: $48.07

1 Month avg volatility: $1.90. Volatility stop (for upward breakout): $44.05 or 8.4% below the close.

Change YTD: 64.17%

Volume: 2,863,700 shares. 3 month avg: 557,234 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: Double Bottom, Adam and Adam reversal pattern from 03/11/2024 to 03/19/2024

Breakout 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.

Charles River Labs Intl (CRL)

Industry: Biotechnology

Industry RS rank: 47 out of 60

Stock RS rank: 144 out of 621

4/4/24 close: $250.66

1 Month avg volatility: $6.69. Volatility stop (for downward breakout): $278.08 or 10.9% above the close.

Change YTD: 6.03%

Volume: 684,700 shares. 3 month avg: 379,248 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 03/08/2024 to 03/22/2024

Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

Cisco Systems, Inc. (CSCO)

Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 35 out of 60

Stock RS rank: 563 out of 621

4/4/24 close: $48.11

1 Month avg volatility: $0.64. Volatility stop (for downward breakout): $50.82 or 5.6% above the close.

Change YTD: -4.77%

Volume: 17,094,400 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: Triple top reversal pattern from 03/12/2024 to 04/01/2024

Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

CNA Financial Corp (CNA)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 29 out of 60

Stock RS rank: 357 out of 621

4/4/24 close: $43.67

1 Month avg volatility: $0.62. Volatility stop (for upward breakout): $42.27 or 3.2% below the close.

Change YTD: 3.21%

Volume: 169,000 shares. 3 month avg: 204,923 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: Triangle, ascending reversal pattern from 02/28/2024 to 03/22/2024

Breakout 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.

Deckers Outdoor Corp (DECK)

Industry: Shoe

Industry RS rank: 1 out of 60

Stock RS rank: 15 out of 621

4/4/24 close: $877.82

1 Month avg volatility: $23.66. Volatility stop (for downward breakout): $960.88 or 9.5% above the close.

Change YTD: 31.33%

Volume: 551,700 shares. 3 month avg: 637,325 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: Triple top reversal pattern from 03/14/2024 to 04/01/2024

Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

DJ 30 Industrials (^DJI)

Industry: None

Industry RS rank: 23 out of 60

4/4/24 close: $38,596.98

1 Month avg volatility: $318.77. Volatility stop (for downward breakout): $40,058.90 or 3.8% above the close.

Change YTD: 2.41%

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 Friday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 03/21/2024 to 03/28/2024

Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

Dover Corp (DOV)

Industry: Machinery

Industry RS rank: 22 out of 60

Stock RS rank: 197 out of 621

4/4/24 close: $173.20

1 Month avg volatility: $2.78. Volatility stop (for downward breakout): $182.40 or 5.3% above the close.

Change YTD: 12.61%

Volume: 979,000 shares. 3 month avg: 1,038,811 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: Head-and-shoulders top reversal pattern from 03/13/2024 to 03/28/2024

Breakout 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.

Equitable Resources, Inc (EQT)

Industry: Natural Gas (Diversified)

Industry RS rank: 43 out of 60

Stock RS rank: 552 out of 621

4/4/24 close: $36.76

1 Month avg volatility: $0.85. Volatility stop (for upward breakout): $34.95 or 4.9% below the close.

Change YTD: -4.91%

Volume: 5,655,400 shares. 3 month avg: 3,960,946 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Pipe bottom reversal pattern from 03/11/2024 to 03/18/2024

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.

Expeditors International of Washington (EXPD)

Industry: Air Transport

Industry RS rank: 54 out of 60

Stock RS rank: 495 out of 621

4/4/24 close: $116.15

1 Month avg volatility: $2.02. Volatility stop (for downward breakout): $122.45 or 5.4% above the close.

Change YTD: -8.69%

Volume: 808,100 shares. 3 month avg: 1,055,643 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 03/07/2024 to 03/22/2024

Breakout 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.

FedEx (FDX)

Industry: Air Transport

Industry RS rank: 54 out of 60

Stock RS rank: 453 out of 621

4/4/24 close: $275.51

1 Month avg volatility: $4.91. Volatility stop (for upward breakout): $264.58 or 4.0% below the close.

Change YTD: 8.91%

Volume: 1,835,000 shares. 3 month avg: 1,372,055 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Cup with handle continuation pattern from 12/18/2023 to 03/22/2024

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 5%.
Throwbacks occur 58% of the time.
Price hits measure rule target 50% of the time.

GameStop Corp (GME)

Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 4 out of 60

Stock RS rank: 593 out of 621

4/4/24 close: $11.53

1 Month avg volatility: $0.75. Volatility stop (for downward breakout): $13.32 or 15.6% above the close.

Change YTD: -34.23%

Volume: 4,270,600 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: Double Top, Eve and Adam reversal pattern from 03/06/2024 to 03/26/2024

Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

Gilead Sciences Inc (GILD)

Industry: Biotechnology

Industry RS rank: 47 out of 60

Stock RS rank: 548 out of 621

4/4/24 close: $69.55

1 Month avg volatility: $1.06. Volatility stop (for upward breakout): $67.27 or 3.3% below the close.

Change YTD: -14.15%

Volume: 7,276,600 shares. 3 month avg: 8,272,228 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: Double Bottom, Adam and Eve reversal pattern from 02/16/2024 to 02/29/2024

Breakout 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.

Graco Incorporated (GGG)

Industry: Machinery

Industry RS rank: 22 out of 60

Stock RS rank: 233 out of 621

4/4/24 close: $91.19

1 Month avg volatility: $1.28. Volatility stop (for downward breakout): $95.50 or 4.7% above the close.

Change YTD: 5.11%

Volume: 466,800 shares. 3 month avg: 251,886 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 03/14/2024 to 03/21/2024

Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

Hanesbrand Inc. (HBI)

Industry: Apparel

Industry RS rank: 3 out of 60

Stock RS rank: 153 out of 621

4/4/24 close: $4.97

1 Month avg volatility: $0.24. Volatility stop (for downward breakout): $5.83 or 17.4% above the close.

Change YTD: 11.43%

Volume: 14,511,000 shares. 3 month avg: 6,164,918 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: Broadening top reversal pattern from 03/08/2024 to 04/04/2024

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.

HealthEquity, Inc (HQY)

Industry: Healthcare Information

Industry RS rank: 53 out of 60

Stock RS rank: 414 out of 621

4/4/24 close: $78.55

1 Month avg volatility: $2.05. Volatility stop (for downward breakout): $84.61 or 7.7% above the close.

Change YTD: 18.48%

Volume: 625,400 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 02/27/2024 to 04/02/2024

Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

Hershey Company, The (HSY)

Industry: Food Processing

Industry RS rank: 49 out of 60

Stock RS rank: 513 out of 621

4/4/24 close: $195.95

1 Month avg volatility: $4.19. Volatility stop (for downward breakout): $205.11 or 4.7% above the close.

Change YTD: 5.10%

Volume: 1,465,200 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: Diamond top reversal pattern from 03/11/2024 to 04/03/2024

Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

Insulet Corporation (PODD)

Industry: Medical Supplies

Industry RS rank: 51 out of 60

Stock RS rank: 437 out of 621

4/4/24 close: $163.25

1 Month avg volatility: $6.15. Volatility stop (for upward breakout): $150.55 or 7.8% below the close.

Change YTD: -24.76%

Volume: 450,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: Triangle, symmetrical continuation pattern from 02/22/2024 to 04/04/2024

Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

Intel Corporation (INTC)

Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 5 out of 60

Stock RS rank: 391 out of 621

4/4/24 close: $39.73

1 Month avg volatility: $1.25. Volatility stop (for downward breakout): $43.28 or 8.9% above the close.

Change YTD: -20.94%

Volume: 56,408,200 shares. 3 month avg: 27,019,903 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 complex top reversal pattern from 02/15/2024 to 04/01/2024

Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

Interactive Brokers Group Inc (IBKR)

Industry: Securities Brokerage

Industry RS rank: 28 out of 60

Stock RS rank: 166 out of 621

4/4/24 close: $111.03

1 Month avg volatility: $1.94. Volatility stop (for upward breakout): $106.98 or 3.7% below the close.

Change YTD: 33.93%

Volume: 919,900 shares. 3 month avg: 658,995 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: Scallop, ascending continuation pattern from 03/04/2024 to 04/03/2024

Breakout is upward 80% of the time.
Average rise: 31%.
Break-even failure rate: 10%.
Throwbacks occur 58% of the time.
Price hits measure rule target 58% of the time.

Interpublic Group of Companies (IPG)

Industry: Advertising

Industry RS rank: 17 out of 60

Stock RS rank: 369 out of 621

4/4/24 close: $31.91

1 Month avg volatility: $0.77. Volatility stop (for upward breakout): $30.31 or 5.0% below the close.

Change YTD: -2.24%

Volume: 2,681,300 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: Falling wedge from 03/18/2024 to 04/04/2024

Breakout is upward 68% of the time.
Average rise: 32%.
Break-even failure rate: 11%.
Throwbacks occur 56% of the time.
Price hits measure rule target 70% of the time.

Intrepid Potash Inc (IPI)

Industry: Chemical (Diversified)

Industry RS rank: 58 out of 60

Stock RS rank: 542 out of 621

4/4/24 close: $21.16

1 Month avg volatility: $0.85. Volatility stop (for upward breakout): $19.31 or 8.7% below the close.

Change YTD: -11.43%

Volume: 144,500 shares. 3 month avg: 1,190,495 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

Chart pattern: Double Bottom, Adam and Eve reversal pattern from 03/14/2024 to 03/22/2024

Breakout 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.

Iron Mountain Inc (IRM)

Industry: Industrial Services

Industry RS rank: 12 out of 60

Stock RS rank: 117 out of 621

4/4/24 close: $78.70

1 Month avg volatility: $1.34. Volatility stop (for upward breakout): $75.69 or 3.8% below the close.

Change YTD: 12.46%

Volume: 800,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: Triangle, symmetrical continuation pattern from 03/08/2024 to 04/04/2024

Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

JetBlue Airways Corporation (JBLU)

Industry: Air Transport

Industry RS rank: 54 out of 60

Stock RS rank: 78 out of 621

4/4/24 close: $6.79

1 Month avg volatility: $0.33. Volatility stop (for upward breakout): $6.05 or 10.9% below the close.

Change YTD: 22.34%

Volume: 12,946,900 shares. 3 month avg: 6,141,268 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, ascending reversal pattern from 02/14/2024 to 04/04/2024

Breakout 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.

Kohls Corporation (KSS)

Industry: Retail Store

Industry RS rank: 15 out of 60

Stock RS rank: 180 out of 621

4/4/24 close: $25.69

1 Month avg volatility: $1.25. Volatility stop (for upward breakout): $23.02 or 10.4% below the close.

Change YTD: -10.43%

Volume: 4,401,100 shares. 3 month avg: 5,587,366 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Pipe bottom reversal pattern from 03/11/2024 to 03/18/2024

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.

Martin Marietta Materials, Inc (MLM)

Industry: Cement and Aggregates

Industry RS rank: 6 out of 60

Stock RS rank: 77 out of 621

4/4/24 close: $604.09

1 Month avg volatility: $9.49. Volatility stop (for upward breakout): $584.99 or 3.2% below the close.

Change YTD: 21.08%

Volume: 425,200 shares. 3 month avg: 575,872 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: Rectangle top continuation pattern from 03/04/2024 to 04/04/2024

Breakout is upward 68% of the time.
Average rise: 39%.
Break-even failure rate: 9%.
Throwbacks occur 64% of the time.
Price hits measure rule target 80% of the time.

Materion Corp (MTRN)

Industry: Metals and Mining (Div.)

Industry RS rank: 14 out of 60

Stock RS rank: 157 out of 621

4/4/24 close: $125.88

1 Month avg volatility: $3.64. Volatility stop (for downward breakout): $136.07 or 8.1% above the close.

Change YTD: -3.27%

Volume: 151,700 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 03/21/2024 to 03/27/2024

Breakout 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.

Medtronic Inc (MDT)

Industry: Medical Supplies

Industry RS rank: 51 out of 60

Stock RS rank: 402 out of 621

4/4/24 close: $83.92

1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $81.37 or 3.0% below the close.

Change YTD: 1.87%

Volume: 6,796,500 shares. 3 month avg: 5,761,640 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: Triple bottom reversal pattern from 03/01/2024 to 03/25/2024

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

Miller, Herman (MLKN)

Industry: Furn/Home Furnishings

Industry RS rank: 10 out of 60

Stock RS rank: 345 out of 621

4/4/24 close: $26.89

1 Month avg volatility: $0.97. Volatility stop (for downward breakout): $29.16 or 8.5% above the close.

Change YTD: 0.79%

Volume: 781,100 shares. 3 month avg: 361,806 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: Dead-cat bounce continuation pattern from 03/28/2024 to 03/28/2024

Breakout is downward 67% of the time.
Average decline: 18%.

Morgan Stanley (MS)

Industry: Securities Brokerage

Industry RS rank: 28 out of 60

Stock RS rank: 305 out of 621

4/4/24 close: $92.28

1 Month avg volatility: $1.82. Volatility stop (for upward breakout): $88.22 or 4.4% below the close.

Change YTD: -1.04%

Volume: 5,449,500 shares. 3 month avg: 7,185,892 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: Cup with handle continuation pattern from 01/02/2024 to 04/04/2024

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 5%.
Throwbacks occur 58% of the time.
Price hits measure rule target 50% of the time.

Myriad Genetics Inc (MYGN)

Industry: Biotechnology

Industry RS rank: 47 out of 60

Stock RS rank: 159 out of 621

4/4/24 close: $20.22

1 Month avg volatility: $0.86. Volatility stop (for downward breakout): $22.56 or 11.6% above the close.

Change YTD: 5.64%

Volume: 468,200 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: Triple top reversal pattern from 02/15/2024 to 03/06/2024

Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

National Fuel Gas (NFG)

Industry: Natural Gas (Diversified)

Industry RS rank: 43 out of 60

Stock RS rank: 465 out of 621

4/4/24 close: $52.93

1 Month avg volatility: $0.84. Volatility stop (for upward breakout): $51.15 or 3.4% below the close.

Change YTD: 5.50%

Volume: 355,200 shares. 3 month avg: 355,354 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: Head-and-shoulders bottom reversal pattern from 01/24/2024 to 02/14/2024

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

OGE Energy Corp (OGE)

Industry: Electric Utility (Central)

Industry RS rank: 45 out of 60

Stock RS rank: 454 out of 621

4/4/24 close: $34.23

1 Month avg volatility: $0.50. Volatility stop (for upward breakout): $33.00 or 3.6% below the close.

Change YTD: -2.00%

Volume: 1,918,900 shares. 3 month avg: 1,006,480 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Triangle, ascending reversal pattern from 02/21/2024 to 03/26/2024

Breakout 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.

Omnicell, Inc (OMCL)

Industry: Healthcare Information

Industry RS rank: 53 out of 60

Stock RS rank: 612 out of 621

4/4/24 close: $27.59

1 Month avg volatility: $1.01. Volatility stop (for upward breakout): $25.47 or 7.7% below the close.

Change YTD: -26.68%

Volume: 382,000 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: Head-and-shoulders complex bottom reversal pattern from 02/09/2024 to 03/20/2024

Breakout is upward 100% of the time.
Average rise: 39%.
Break-even failure rate: 4%.
Throwbacks occur 63% of the time.
Price hits measure rule target 74% of the time.

Patterson Companies Inc. (PDCO)

Industry: Medical Supplies

Industry RS rank: 51 out of 60

Stock RS rank: 571 out of 621

4/4/24 close: $26.36

1 Month avg volatility: $0.51. Volatility stop (for downward breakout): $27.75 or 5.3% above the close.

Change YTD: -7.35%

Volume: 564,600 shares. 3 month avg: 1,885,975 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 03/12/2024 to 03/28/2024

Breakout 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.

Penumbra, Inc (PEN)

Industry: Medical Supplies

Industry RS rank: 51 out of 60

Stock RS rank: 546 out of 621

4/4/24 close: $215.46

1 Month avg volatility: $8.00. Volatility stop (for downward breakout): $234.60 or 8.9% above the close.

Change YTD: -14.34%

Volume: 333,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.

Chart pattern: Head-and-shoulders top reversal pattern from 01/16/2024 to 03/06/2024

Breakout 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.

Plexus Corp (PLXS)

Industry: Electronics

Industry RS rank: 44 out of 60

Stock RS rank: 485 out of 621

4/4/24 close: $95.59

1 Month avg volatility: $1.82. Volatility stop (for upward breakout): $91.45 or 4.3% below the close.

Change YTD: -11.60%

Volume: 122,000 shares. 3 month avg: 115,372 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 03/18/2024 to 03/26/2024

Breakout 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.

Premier Inc (PINC)

Industry: Healthcare Information

Industry RS rank: 53 out of 60

Stock RS rank: 489 out of 621

4/4/24 close: $21.13

1 Month avg volatility: $0.44. Volatility stop (for upward breakout): $20.14 or 4.7% below the close.

Change YTD: -5.50%

Volume: 888,000 shares. 3 month avg: 544,129 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: Triple bottom reversal pattern from 02/08/2024 to 03/15/2024

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

Procter and Gamble Co (PG)

Industry: Household Products

Industry RS rank: 46 out of 60

Stock RS rank: 447 out of 621

4/4/24 close: $155.45

1 Month avg volatility: $1.63. Volatility stop (for downward breakout): $160.33 or 3.1% above the close.

Change YTD: 6.08%

Volume: 6,415,000 shares. 3 month avg: 7,163,346 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Eve and Adam reversal pattern from 03/13/2024 to 03/28/2024

Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

Quest Diagnostics (DGX)

Industry: Medical Services

Industry RS rank: 57 out of 60

Stock RS rank: 438 out of 621

4/4/24 close: $131.50

1 Month avg volatility: $2.30. Volatility stop (for upward breakout): $126.80 or 3.6% below the close.

Change YTD: -4.63%

Volume: 847,800 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 bottom reversal pattern from 02/01/2024 to 03/01/2024

Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

Ralph Lauren Corp. (RL)

Industry: Apparel

Industry RS rank: 3 out of 60

Stock RS rank: 49 out of 621

4/4/24 close: $171.14

1 Month avg volatility: $3.85. Volatility stop (for downward breakout): $183.16 or 7.0% above the close.

Change YTD: 18.68%

Volume: 882,100 shares. 3 month avg: 933,391 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, Adam and Adam reversal pattern from 02/23/2024 to 03/21/2024

Breakout 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.

Range Resources Corp (RRC)

Industry: Petroleum (Producing)

Industry RS rank: 26 out of 60

Stock RS rank: 308 out of 621

4/4/24 close: $35.14

1 Month avg volatility: $0.69. Volatility stop (for upward breakout): $33.58 or 4.4% below the close.

Change YTD: 15.44%

Volume: 2,285,900 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: Ugly double bottom reversal pattern from 02/07/2024 to 03/14/2024

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

RingCentral Inc (RNG)

Industry: Computer Software and Svcs

Industry RS rank: 34 out of 60

Stock RS rank: 399 out of 621

4/4/24 close: $32.75

1 Month avg volatility: $1.11. Volatility stop (for downward breakout): $36.04 or 10.1% above the close.

Change YTD: -3.53%

Volume: 722,800 shares. 3 month avg: 1,339,514 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 Top, Eve and Adam reversal pattern from 03/12/2024 to 03/21/2024

Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

Rockwell Automation Inc (ROK)

Industry: Diversified Co.

Industry RS rank: 39 out of 60

Stock RS rank: 531 out of 621

4/4/24 close: $276.33

1 Month avg volatility: $7.26. Volatility stop (for downward breakout): $298.66 or 8.1% above the close.

Change YTD: -11.00%

Volume: 934,200 shares. 3 month avg: 619,245 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 03/21/2024 to 03/28/2024

Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

Ross Stores (ROST)

Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 4 out of 60

Stock RS rank: 209 out of 621

4/4/24 close: $139.71

1 Month avg volatility: $2.43. Volatility stop (for upward breakout): $134.59 or 3.7% below the close.

Change YTD: 0.95%

Volume: 1,799,400 shares. 3 month avg: 2,750,108 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: Head-and-shoulders bottom reversal pattern from 05/11/2023 to 06/01/2023

Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Royal Gold, Inc (RGLD)

Industry: Metals and Mining (Div.)

Industry RS rank: 14 out of 60

Stock RS rank: 281 out of 621

4/4/24 close: $122.40

1 Month avg volatility: $2.80. Volatility stop (for upward breakout): $114.55 or 6.4% below the close.

Change YTD: 1.19%

Volume: 661,700 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.

Chart pattern: Ugly double bottom reversal pattern from 02/28/2024 to 03/20/2024

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

RPC Inc (RES)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 59 out of 60

Stock RS rank: 538 out of 621

4/4/24 close: $7.82

1 Month avg volatility: $0.20. Volatility stop (for upward breakout): $7.38 or 5.6% below the close.

Change YTD: 7.42%

Volume: 1,373,700 shares. 3 month avg: 1,275,503 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 01/16/2024 to 01/22/2024

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.

Ryder System Inc (R)

Industry: Trucking/Transp. Leasing

Industry RS rank: 31 out of 60

Stock RS rank: 306 out of 621

4/4/24 close: $117.62

1 Month avg volatility: $2.10. Volatility stop (for upward breakout): $113.11 or 3.8% below the close.

Change YTD: 2.22%

Volume: 147,700 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: Pipe bottom reversal pattern from 02/12/2024 to 02/20/2024

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.

S and P 500 (^GSPC)

Industry: None

Industry RS rank: 23 out of 60

4/4/24 close: $5,147.21

1 Month avg volatility: $40.37. Volatility stop (for downward breakout): $5,337.33 or 3.7% above the close.

Change YTD: 7.91%

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 Friday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 03/21/2024 to 03/28/2024

Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

Sally Beauty (SBH)

Industry: Toiletries/Cosmetics

Industry RS rank: 56 out of 60

Stock RS rank: 106 out of 621

4/4/24 close: $11.04

1 Month avg volatility: $0.53. Volatility stop (for downward breakout): $12.63 or 14.4% above the close.

Change YTD: -16.87%

Volume: 1,657,300 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: Big M reversal pattern from 01/02/2024 to 02/15/2024

Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 11%.
Pullbacks occur 63% of the time.
Price hits measure rule target 57% of the time.

Schwab, Charles Corporation (SCHW)

Industry: Securities Brokerage

Industry RS rank: 28 out of 60

Stock RS rank: 104 out of 621

4/4/24 close: $71.35

1 Month avg volatility: $1.25. Volatility stop (for upward breakout): $68.58 or 3.9% below the close.

Change YTD: 3.71%

Volume: 7,829,100 shares. 3 month avg: 6,527,123 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Cup with handle continuation pattern from 12/15/2023 to 04/04/2024

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 5%.
Throwbacks occur 58% of the time.
Price hits measure rule target 50% of the time.

Sealed Air Corp (SEE)

Industry: Packaging and Container

Industry RS rank: 40 out of 60

Stock RS rank: 470 out of 621

4/4/24 close: $33.24

1 Month avg volatility: $1.05. Volatility stop (for downward breakout): $36.85 or 10.9% above the close.

Change YTD: -8.98%

Volume: 2,804,200 shares. 3 month avg: 2,419,223 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: Three Falling Peaks reversal pattern from 02/27/2024 to 03/28/2024

Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

ServiceNow Inc (NOW)

Industry: IT Services

Industry RS rank: 19 out of 60

Stock RS rank: 109 out of 621

4/4/24 close: $757.55

1 Month avg volatility: $20.07. Volatility stop (for upward breakout): $717.28 or 5.3% below the close.

Change YTD: 7.23%

Volume: 1,015,500 shares. 3 month avg: 1,411,754 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 03/05/2024 to 04/04/2024

Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

Sherwin-Williams Co (SHW)

Industry: Chemical (Basic)

Industry RS rank: 20 out of 60

Stock RS rank: 164 out of 621

4/4/24 close: $329.86

1 Month avg volatility: $5.38. Volatility stop (for downward breakout): $350.76 or 6.3% above the close.

Change YTD: 5.76%

Volume: 1,316,300 shares. 3 month avg: 564,294 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: Triple top reversal pattern from 03/08/2024 to 03/28/2024

Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

Southern Company (SO)

Industry: Electric Utility (East)

Industry RS rank: 41 out of 60

Stock RS rank: 422 out of 621

4/4/24 close: $70.05

1 Month avg volatility: $1.01. Volatility stop (for upward breakout): $67.64 or 3.4% below the close.

Change YTD: -0.10%

Volume: 6,207,800 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 Thursday.

Chart pattern: Double Bottom, Eve and Eve reversal pattern from 02/16/2024 to 03/01/2024

Breakout 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.

Standex International Corp (SXI)

Industry: Diversified Co.

Industry RS rank: 39 out of 60

Stock RS rank: 327 out of 621

4/4/24 close: $171.57

1 Month avg volatility: $4.05. Volatility stop (for downward breakout): $184.40 or 7.5% above the close.

Change YTD: 8.33%

Volume: 53,600 shares. 3 month avg: 37,109 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.

Chart pattern: Double Top, Eve and Eve reversal pattern from 03/25/2024 to 04/01/2024

Breakout 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.

Summit Materials Inc (SUM)

Industry: Cement and Aggregates

Industry RS rank: 6 out of 60

Stock RS rank: 143 out of 621

4/4/24 close: $42.32

1 Month avg volatility: $0.96. Volatility stop (for upward breakout): $40.23 or 4.9% below the close.

Change YTD: 10.04%

Volume: 813,900 shares. 3 month avg: 1,204,178 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: Pipe bottom reversal pattern from 03/11/2024 to 03/18/2024

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.

Tapestry Inc (TPR)

Industry: Apparel

Industry RS rank: 3 out of 60

Stock RS rank: 40 out of 621

4/4/24 close: $43.03

1 Month avg volatility: $1.10. Volatility stop (for upward breakout): $40.68 or 5.5% below the close.

Change YTD: 16.90%

Volume: 6,089,100 shares. 3 month avg: 3,145,718 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: Broadening wedge, descending reversal pattern from 02/23/2024 to 04/01/2024

Breakout is upward 79% of the time.
Average rise: 33%.
Break-even failure rate: 6%.
Throwbacks occur 53% of the time.
Price hits measure rule target 79% of the time.

Teladoc, Inc (TDOC)

Industry: Healthcare Information

Industry RS rank: 53 out of 60

Stock RS rank: 592 out of 621

4/4/24 close: $14.25

1 Month avg volatility: $0.45. Volatility stop (for upward breakout): $13.34 or 6.4% below the close.

Change YTD: -33.87%

Volume: 3,384,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Triangle, symmetrical continuation pattern from 03/05/2024 to 03/28/2024

WARNING: A dead-cat bounce occurred on 02/21/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 05/22/2024 and a 38% chance by 08/21/2024.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

The Trade Desk (TTD)

Industry: Advertising

Industry RS rank: 17 out of 60

Stock RS rank: 446 out of 621

4/4/24 close: $84.56

1 Month avg volatility: $2.19. Volatility stop (for upward breakout): $80.13 or 5.2% below the close.

Change YTD: 17.51%

Volume: 3,193,400 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.

Chart pattern: Pipe bottom reversal pattern from 03/11/2024 to 03/18/2024

WARNING: A dead-cat bounce occurred on 11/10/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/10/2024.
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.

United Parcel Service (UPS)

Industry: Air Transport

Industry RS rank: 54 out of 60

Stock RS rank: 520 out of 621

4/4/24 close: $150.00

1 Month avg volatility: $3.42. Volatility stop (for downward breakout): $161.14 or 7.4% above the close.

Change YTD: -4.60%

Volume: 3,684,000 shares. 3 month avg: 2,659,363 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 Adam reversal pattern from 03/13/2024 to 03/22/2024

Breakout 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.

Wal-Mart Stores Inc. (WMT)

Industry: Retail Store

Industry RS rank: 15 out of 60

Stock RS rank: 386 out of 621

4/4/24 close: $59.50

1 Month avg volatility: $0.68. Volatility stop (for downward breakout): $61.17 or 2.8% above the close.

Change YTD: 13.23%

Volume: 14,422,400 shares. 3 month avg: 6,204,140 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, Eve and Eve reversal pattern from 03/12/2024 to 03/21/2024

Breakout 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.

Wheaton Precious Metals Corp (WPM)

Industry: Metals and Mining (Div.)

Industry RS rank: 14 out of 60

Stock RS rank: 161 out of 621

4/4/24 close: $50.03

1 Month avg volatility: $1.14. Volatility stop (for upward breakout): $47.46 or 5.1% below the close.

Change YTD: 1.40%

Volume: 2,672,300 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.

Chart pattern: Ugly double bottom reversal pattern from 02/26/2024 to 03/20/2024

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Xcel Energy, Inc (XEL)

Industry: Electric Utility (West)

Industry RS rank: 52 out of 60

Stock RS rank: 535 out of 621

4/4/24 close: $53.77

1 Month avg volatility: $1.24. Volatility stop (for upward breakout): $50.97 or 5.2% below the close.

Change YTD: -13.15%

Volume: 6,866,200 shares. 3 month avg: 3,202,808 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 03/06/2024 to 03/26/2024

Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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