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%

Targets Overview: 11/12/2024

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

Chart Pattern Indicator:

on 11/18/24

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%

Targets Overview: 11/12/2024

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

Chart Pattern Indicator:

on 11/18/24

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.

Abercrombie and Fitch Co. (ANF)

Industry: Apparel

Industry RS rank: 8 out of 60

Stock RS rank: 11 out of 621

4/18/24 close: $109.32

1 Month avg volatility: $5.72. Volatility stop (for downward breakout): $125.41 or 14.7% above the close.

Change YTD: 23.92%

Volume: 1,599,300 shares. 3 month avg: 2,821,334 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: Three Falling Peaks reversal pattern from 03/05/2024 to 04/03/2024

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.

American Woodmark Corp (AMWD)

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

Industry RS rank: 5 out of 60

Stock RS rank: 131 out of 621

4/18/24 close: $90.10

1 Month avg volatility: $2.69. Volatility stop (for downward breakout): $97.85 or 8.6% above the close.

Change YTD: -2.96%

Volume: 158,100 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: Pipe top reversal pattern from 02/26/2024 to 03/04/2024

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.

Applied Materials (AMAT)

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

Industry RS rank: 7 out of 60

Stock RS rank: 74 out of 621

4/18/24 close: $194.32

1 Month avg volatility: $5.34. Volatility stop (for downward breakout): $209.10 or 7.6% above the close.

Change YTD: 19.90%

Volume: 6,102,400 shares. 3 month avg: 11,583,771 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: Triple top reversal pattern from 03/07/2024 to 04/15/2024

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.

AptarGroup Inc (ATR)

Industry: Packaging and Container

Industry RS rank: 32 out of 60

Stock RS rank: 317 out of 621

4/18/24 close: $139.11

1 Month avg volatility: $1.74. Volatility stop (for downward breakout): $142.92 or 2.7% above the close.

Change YTD: 12.53%

Volume: 241,800 shares. 3 month avg: 241,254 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 Adam reversal pattern from 03/07/2024 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.

Avient (AVNT)

Industry: Chemical (Specialty)

Industry RS rank: 12 out of 60

Stock RS rank: 113 out of 621

4/18/24 close: $42.36

1 Month avg volatility: $0.89. Volatility stop (for downward breakout): $44.89 or 6.0% above the close.

Change YTD: 1.90%

Volume: 851,100 shares. 3 month avg: 523,769 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.

Chart pattern: Head-and-shoulders top reversal pattern from 03/28/2024 to 04/09/2024

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.

Badger Meter Inc. (BMI)

Industry: Precision Instrument

Industry RS rank: 23 out of 60

Stock RS rank: 102 out of 621

4/18/24 close: $178.48

1 Month avg volatility: $3.64. Volatility stop (for upward breakout): $157.18 or 11.9% below the close.

Change YTD: 15.62%

Volume: 696,300 shares. 3 month avg: 149,246 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Bottom, Adam and Eve reversal pattern from 03/14/2024 to 04/11/2024

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.

Baxter International, Inc. (BAX)

Industry: Medical Supplies

Industry RS rank: 41 out of 60

Stock RS rank: 151 out of 621

4/18/24 close: $39.65

1 Month avg volatility: $0.78. Volatility stop (for downward breakout): $41.31 or 4.2% above the close.

Change YTD: 2.56%

Volume: 2,310,700 shares. 3 month avg: 2,457,589 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, Eve and Eve reversal pattern from 03/08/2024 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.

Beacon Roofing Supply Inc. (BECN)

Industry: Retail Building Supply

Industry RS rank: 11 out of 60

Stock RS rank: 124 out of 621

4/18/24 close: $93.42

1 Month avg volatility: $2.41. Volatility stop (for downward breakout): $99.34 or 6.3% above the close.

Change YTD: 7.35%

Volume: 896,100 shares. 3 month avg: 811,195 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe top reversal pattern from 04/01/2024 to 04/08/2024

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.

Berry Global Group Inc (BERY)

Industry: Packaging and Container

Industry RS rank: 32 out of 60

Stock RS rank: 469 out of 621

4/18/24 close: $56.32

1 Month avg volatility: $1.08. Volatility stop (for downward breakout): $58.52 or 3.9% above the close.

Change YTD: -16.43%

Volume: 906,900 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: Head-and-shoulders top reversal pattern from 02/22/2024 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.

Best Buy Co. (BBY)

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

Industry RS rank: 6 out of 60

Stock RS rank: 338 out of 621

4/18/24 close: $76.00

1 Month avg volatility: $1.92. Volatility stop (for downward breakout): $81.16 or 6.8% above the close.

Change YTD: -2.91%

Volume: 1,658,900 shares. 3 month avg: 4,325,955 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

Chart pattern: Triple top reversal pattern from 03/22/2024 to 04/09/2024

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.

Big Lots Inc. (BIG)

Industry: Retail Store

Industry RS rank: 14 out of 60

Stock RS rank: 588 out of 621

4/18/24 close: $3.66

1 Month avg volatility: $0.28. Volatility stop (for downward breakout): $4.29 or 17.2% above the close.

Change YTD: -53.02%

Volume: 863,100 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: Roof reversal pattern from 03/18/2024 to 04/11/2024

WARNING: 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 84% of the time.
Average decline: 16%.
Break-even failure rate: 13%.
Pullbacks occur 56% of the time.
Price hits measure rule target 68% of the time.

Black Hills Corp (BKH)

Industry: Electric Utility (West)

Industry RS rank: 55 out of 60

Stock RS rank: 401 out of 621

4/18/24 close: $52.46

1 Month avg volatility: $0.89. Volatility stop (for downward breakout): $54.33 or 3.6% above the close.

Change YTD: -2.76%

Volume: 395,900 shares. 3 month avg: 512,838 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 03/11/2024 to 04/09/2024

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.

Broadridge Financial Solutions Inc (BR)

Industry: Information Services

Industry RS rank: 36 out of 60

Stock RS rank: 332 out of 621

4/18/24 close: $192.98

1 Month avg volatility: $2.80. Volatility stop (for downward breakout): $201.09 or 4.2% above the close.

Change YTD: -6.21%

Volume: 391,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.

Chart pattern: Triple top reversal pattern from 03/07/2024 to 04/09/2024

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.

CACI International (CACI)

Industry: IT Services

Industry RS rank: 25 out of 60

Stock RS rank: 334 out of 621

4/18/24 close: $364.06

1 Month avg volatility: $5.22. Volatility stop (for downward breakout): $378.62 or 4.0% above the close.

Change YTD: 12.41%

Volume: 118,400 shares. 3 month avg: 131,971 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 03/05/2024 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.

Caleres (CAL)

Industry: Shoe

Industry RS rank: 2 out of 60

Stock RS rank: 167 out of 621

4/18/24 close: $34.85

1 Month avg volatility: $1.41. Volatility stop (for downward breakout): $38.43 or 10.3% above the close.

Change YTD: 13.41%

Volume: 422,000 shares. 3 month avg: 329,342 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 Eve reversal pattern from 03/21/2024 to 03/27/2024

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.

Century Aluminum Co. (CENX)

Industry: Metals and Mining (Div.)

Industry RS rank: 9 out of 60

Stock RS rank: 1 out of 621

4/18/24 close: $17.42

1 Month avg volatility: $0.89. Volatility stop (for upward breakout): $15.23 or 12.6% below the close.

Change YTD: 43.49%

Volume: 1,252,500 shares. 3 month avg: 2,285,742 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: Flag, high and tight continuation pattern from 02/26/2024 to 04/15/2024

Breakout is upward 100% of the time.
Average rise: 69%.
Throwbacks occur 54% of the time.
Price hits measure rule target 90% of the time.

Check Point Software (CHKP)

Industry: E-Commerce

Industry RS rank: 18 out of 60

Stock RS rank: 253 out of 621

4/18/24 close: $158.38

1 Month avg volatility: $2.59. Volatility stop (for downward breakout): $165.84 or 4.7% above the close.

Change YTD: 3.66%

Volume: 616,000 shares. 3 month avg: 1,143,906 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: Head-and-shoulders top reversal pattern from 02/06/2024 to 04/09/2024

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.

Cognex (CGNX)

Industry: Precision Instrument

Industry RS rank: 23 out of 60

Stock RS rank: 404 out of 621

4/18/24 close: $38.69

1 Month avg volatility: $0.90. Volatility stop (for downward breakout): $40.97 or 5.9% above the close.

Change YTD: -7.31%

Volume: 708,600 shares. 3 month avg: 1,157,365 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: Head-and-shoulders top reversal pattern from 03/14/2024 to 04/09/2024

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.

Columbus McKinnon (CMCO)

Industry: Machinery

Industry RS rank: 16 out of 60

Stock RS rank: 174 out of 621

4/18/24 close: $40.67

1 Month avg volatility: $0.89. Volatility stop (for downward breakout): $42.79 or 5.2% above the close.

Change YTD: 4.23%

Volume: 165,600 shares. 3 month avg: 120,960 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.

Chart pattern: Pipe top reversal pattern from 03/25/2024 to 04/01/2024

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.

CoreCivic, Inc (CXW)

Industry: Industrial Services

Industry RS rank: 13 out of 60

Stock RS rank: 103 out of 621

4/18/24 close: $14.70

1 Month avg volatility: $0.46. Volatility stop (for downward breakout): $15.90 or 8.1% above the close.

Change YTD: 1.17%

Volume: 652,300 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Eve and Adam reversal pattern from 03/25/2024 to 04/09/2024

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.

Corning Inc. (GLW)

Industry: Telecom. Equipment

Industry RS rank: 21 out of 60

Stock RS rank: 290 out of 621

4/18/24 close: $30.91

1 Month avg volatility: $0.48. Volatility stop (for downward breakout): $32.09 or 3.8% above the close.

Change YTD: 1.51%

Volume: 4,653,600 shares. 3 month avg: 5,449,098 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 03/04/2024 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.

CTS Corp (CTS)

Industry: Electronics

Industry RS rank: 33 out of 60

Stock RS rank: 353 out of 621

4/18/24 close: $43.10

1 Month avg volatility: $0.99. Volatility stop (for downward breakout): $45.94 or 6.6% above the close.

Change YTD: -1.46%

Volume: 103,300 shares. 3 month avg: 73,662 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 Wednesday.

Chart pattern: Head-and-shoulders top reversal pattern from 03/22/2024 to 04/11/2024

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.

Dilliards Inc (DDS)

Industry: Retail Store

Industry RS rank: 14 out of 60

Stock RS rank: 135 out of 621

4/18/24 close: $401.81

1 Month avg volatility: $14.64. Volatility stop (for downward breakout): $441.60 or 9.9% above the close.

Change YTD: -0.46%

Volume: 92,800 shares. 3 month avg: 658,302 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 03/25/2024 to 04/01/2024

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.

Distribution Solutions (DSGR)

Industry: Metal Fabricating

Industry RS rank: 42 out of 60

Stock RS rank: 311 out of 621

4/18/24 close: $32.40

1 Month avg volatility: $1.04. Volatility stop (for downward breakout): $34.68 or 7.0% above the close.

Change YTD: 2.66%

Volume: 56,300 shares. 3 month avg: 11,408 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: Double Top, Adam and Eve reversal pattern from 03/21/2024 to 04/04/2024

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.

DJ 15 Utilities (^DJU)

Industry: None

Industry RS rank: 22 out of 60

4/18/24 close: $860.30

1 Month avg volatility: $11.38. Volatility stop (for downward breakout): $885.22 or 2.9% above the close.

Change YTD: -2.42%

Volume: 49,740,500 shares. 3 month avg: 65,974,043 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 03/28/2024 to 04/09/2024

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.

eBay, Inc. (EBAY)

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

Industry RS rank: 15 out of 60

Stock RS rank: 202 out of 621

4/18/24 close: $49.95

1 Month avg volatility: $0.88. Volatility stop (for downward breakout): $53.18 or 6.5% above the close.

Change YTD: 14.51%

Volume: 7,588,000 shares. 3 month avg: 8,868,903 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 03/14/2024 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.

Edison International (EIX)

Industry: Electric Utility (West)

Industry RS rank: 55 out of 60

Stock RS rank: 413 out of 621

4/18/24 close: $68.13

1 Month avg volatility: $1.17. Volatility stop (for downward breakout): $70.85 or 4.0% above the close.

Change YTD: -4.70%

Volume: 1,359,800 shares. 3 month avg: 2,498,883 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 03/21/2024 to 04/08/2024

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.

F5 Networks, Inc. (FFIV)

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

Industry RS rank: 15 out of 60

Stock RS rank: 208 out of 621

4/18/24 close: $179.59

1 Month avg volatility: $3.00. Volatility stop (for downward breakout): $188.68 or 5.1% above the close.

Change YTD: 0.34%

Volume: 353,200 shares. 3 month avg: 847,706 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: Double Top, Eve and Adam reversal pattern from 03/12/2024 to 04/09/2024

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.

Fortinet Inc (FTNT)

Industry: Computer Software and Svcs

Industry RS rank: 40 out of 60

Stock RS rank: 303 out of 621

4/18/24 close: $64.03

1 Month avg volatility: $1.80. Volatility stop (for downward breakout): $68.61 or 7.2% above the close.

Change YTD: 9.40%

Volume: 3,061,100 shares. 3 month avg: 1,532,971 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 03/08/2024 to 04/04/2024

WARNING: A dead-cat bounce occurred on 11/03/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/03/2024.
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.

Forward Air Corp (FWRD)

Industry: Trucking/Transp. Leasing

Industry RS rank: 34 out of 60

Stock RS rank: 619 out of 621

4/18/24 close: $22.75

1 Month avg volatility: $1.46. Volatility stop (for downward breakout): $25.78 or 13.3% above the close.

Change YTD: -63.81%

Volume: 877,400 shares. 3 month avg: 140,032 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 Top, Adam and Adam reversal pattern from 03/28/2024 to 04/09/2024

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.

Harmonic Inc (HLIT)

Industry: Telecom. Equipment

Industry RS rank: 21 out of 60

Stock RS rank: 504 out of 621

4/18/24 close: $9.99

1 Month avg volatility: $0.45. Volatility stop (for downward breakout): $11.01 or 10.2% above the close.

Change YTD: -23.39%

Volume: 1,706,700 shares. 3 month avg: 585,235 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 03/21/2024 to 04/04/2024

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.

Henry Schein Inc. (HSIC)

Industry: Medical Supplies

Industry RS rank: 41 out of 60

Stock RS rank: 468 out of 621

4/18/24 close: $69.97

1 Month avg volatility: $1.23. Volatility stop (for downward breakout): $72.83 or 4.1% above the close.

Change YTD: -7.58%

Volume: 745,200 shares. 3 month avg: 2,211,905 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

Chart pattern: Pipe top reversal pattern from 02/20/2024 to 02/26/2024

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.

HNI (HON Industries) (HNI)

Industry: Furn/Home Furnishings

Industry RS rank: 10 out of 60

Stock RS rank: 228 out of 621

4/18/24 close: $41.26

1 Month avg volatility: $0.73. Volatility stop (for downward breakout): $43.29 or 4.9% above the close.

Change YTD: -1.36%

Volume: 166,500 shares. 3 month avg: 239,735 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 02/29/2024 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.

Hovnanian Enterprises Inc (HOV)

Industry: Homebuilding

Industry RS rank: 1 out of 60

Stock RS rank: 6 out of 621

4/18/24 close: $129.03

1 Month avg volatility: $7.58. Volatility stop (for downward breakout): $152.15 or 17.9% above the close.

Change YTD: -17.09%

Volume: 79,000 shares. 3 month avg: 1,539,280 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: Diamond top reversal pattern from 03/21/2024 to 04/09/2024

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.

Hub Group Inc. (HUBG)

Industry: Trucking/Transp. Leasing

Industry RS rank: 34 out of 60

Stock RS rank: 454 out of 621

4/18/24 close: $38.74

1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $41.30 or 6.6% above the close.

Change YTD: -15.73%

Volume: 613,500 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, Adam and Adam reversal pattern from 03/28/2024 to 04/08/2024

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.

Installed Building Products Inc (IBP)

Industry: Retail Building Supply

Industry RS rank: 11 out of 60

Stock RS rank: 3 out of 621

4/18/24 close: $224.59

1 Month avg volatility: $7.45. Volatility stop (for downward breakout): $245.88 or 9.5% above the close.

Change YTD: 22.85%

Volume: 253,100 shares. 3 month avg: 201,345 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: Diamond top reversal pattern from 03/25/2024 to 04/08/2024

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.

Intuitive Surgical Inc. (ISRG)

Industry: Medical Supplies

Industry RS rank: 41 out of 60

Stock RS rank: 84 out of 621

4/18/24 close: $372.63

1 Month avg volatility: $8.21. Volatility stop (for downward breakout): $391.75 or 5.1% above the close.

Change YTD: 10.45%

Volume: 2,277,800 shares. 3 month avg: 571,982 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 03/04/2024 to 03/27/2024

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.

Jack Henry and Associates (JKHY)

Industry: IT Services

Industry RS rank: 25 out of 60

Stock RS rank: 289 out of 621

4/18/24 close: $164.77

1 Month avg volatility: $2.72. Volatility stop (for downward breakout): $170.58 or 3.5% above the close.

Change YTD: 0.83%

Volume: 310,200 shares. 3 month avg: 543,437 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 03/28/2024 to 04/09/2024

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.

Kellogg Co (K)

Industry: Food Processing

Industry RS rank: 48 out of 60

Stock RS rank: 286 out of 621

4/18/24 close: $56.54

1 Month avg volatility: $0.86. Volatility stop (for upward breakout): $54.40 or 3.8% below the close.

Change YTD: 1.13%

Volume: 1,498,100 shares. 3 month avg: 2,815,658 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: Scallop, ascending and inverted continuation pattern from 03/14/2024 to 04/16/2024

Breakout is upward 100% of the time.
Average rise: 43%.
Break-even failure rate: 4%.
Throwbacks occur 61% of the time.
Price hits measure rule target 61% of the time.

Kelly Services A (KELYA)

Industry: Human Resources

Industry RS rank: 52 out of 60

Stock RS rank: 128 out of 621

4/18/24 close: $23.33

1 Month avg volatility: $0.41. Volatility stop (for downward breakout): $24.40 or 4.6% above the close.

Change YTD: 7.91%

Volume: 106,200 shares. 3 month avg: 154,286 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: Triple top reversal pattern from 03/04/2024 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.

KLA-Tencor Corporation (KLAC)

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

Industry RS rank: 7 out of 60

Stock RS rank: 87 out of 621

4/18/24 close: $644.22

1 Month avg volatility: $17.65. Volatility stop (for downward breakout): $693.72 or 7.7% above the close.

Change YTD: 10.82%

Volume: 897,200 shares. 3 month avg: 1,563,420 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Triple top reversal pattern from 03/04/2024 to 03/21/2024

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.

Kulicke and Soffa (KLIC)

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

Industry RS rank: 7 out of 60

Stock RS rank: 441 out of 621

4/18/24 close: $46.09

1 Month avg volatility: $1.15. Volatility stop (for downward breakout): $48.54 or 5.3% above the close.

Change YTD: -15.77%

Volume: 582,700 shares. 3 month avg: 518,337 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: Head-and-shoulders top reversal pattern from 02/16/2024 to 04/01/2024

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.

Lam Research Corp (LRCX)

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

Industry RS rank: 7 out of 60

Stock RS rank: 71 out of 621

4/18/24 close: $888.92

1 Month avg volatility: $24.74. Volatility stop (for downward breakout): $958.81 or 7.9% above the close.

Change YTD: 13.49%

Volume: 2,290,300 shares. 3 month avg: 2,565,394 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.

Chart pattern: Triple top reversal pattern from 03/07/2024 to 04/04/2024

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.

Lancaster Colony Corp (LANC)

Industry: Food Processing

Industry RS rank: 48 out of 60

Stock RS rank: 386 out of 621

4/18/24 close: $183.62

1 Month avg volatility: $3.50. Volatility stop (for downward breakout): $193.31 or 5.3% above the close.

Change YTD: 10.36%

Volume: 138,100 shares. 3 month avg: 112,417 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 03/04/2024 to 03/28/2024

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.

Leidos Holdings Inc (LDOS)

Industry: IT Services

Industry RS rank: 25 out of 60

Stock RS rank: 111 out of 621

4/18/24 close: $123.76

1 Month avg volatility: $1.79. Volatility stop (for downward breakout): $128.80 or 4.1% above the close.

Change YTD: 14.34%

Volume: 868,000 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 03/28/2024

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.

LiveRamp Holdings (RAMP)

Industry: Computer Software and Svcs

Industry RS rank: 40 out of 60

Stock RS rank: 310 out of 621

4/18/24 close: $32.18

1 Month avg volatility: $0.87. Volatility stop (for downward breakout): $34.27 or 6.5% above the close.

Change YTD: -15.05%

Volume: 408,500 shares. 3 month avg: 906,945 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe top reversal pattern from 04/01/2024 to 04/08/2024

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.

MACOM Technology Solutions Holdings (MTSI)

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

Industry RS rank: 3 out of 60

Stock RS rank: 175 out of 621

4/18/24 close: $95.16

1 Month avg volatility: $3.39. Volatility stop (for downward breakout): $103.23 or 8.5% above the close.

Change YTD: 2.38%

Volume: 502,200 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: Triple top reversal pattern from 04/04/2024 to 04/17/2024

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.

Magnolia Oil and Gas Corp (MGY)

Industry: Petroleum (Producing)

Industry RS rank: 45 out of 60

Stock RS rank: 324 out of 621

4/18/24 close: $25.68

1 Month avg volatility: $0.51. Volatility stop (for downward breakout): $27.15 or 5.7% above the close.

Change YTD: 20.62%

Volume: 2,015,400 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 Top, Adam and Adam reversal pattern from 04/05/2024 to 04/12/2024

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.

MarketAxess Holdings (MKTX)

Industry: Securities Brokerage

Industry RS rank: 24 out of 60

Stock RS rank: 552 out of 621

4/18/24 close: $203.15

1 Month avg volatility: $5.48. Volatility stop (for downward breakout): $215.62 or 6.1% above the close.

Change YTD: -30.63%

Volume: 281,600 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: Triple top reversal pattern from 03/12/2024 to 04/08/2024

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.

Matrix Service Co. (MTRX)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 60 out of 60

Stock RS rank: 508 out of 621

4/18/24 close: $11.56

1 Month avg volatility: $0.48. Volatility stop (for downward breakout): $12.95 or 12.1% above the close.

Change YTD: 18.20%

Volume: 170,600 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: Head-and-shoulders top reversal pattern from 03/15/2024 to 04/08/2024

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.

Mercury Systems, Inc (MRCY)

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

Industry RS rank: 29 out of 60

Stock RS rank: 594 out of 621

4/18/24 close: $28.31

1 Month avg volatility: $0.97. Volatility stop (for downward breakout): $30.60 or 8.1% above the close.

Change YTD: -22.59%

Volume: 348,400 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 04/01/2024 to 04/09/2024

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.

Micron Technology (MU)

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

Industry RS rank: 3 out of 60

Stock RS rank: 22 out of 621

4/18/24 close: $111.93

1 Month avg volatility: $5.20. Volatility stop (for downward breakout): $128.02 or 14.4% above the close.

Change YTD: 31.16%

Volume: 31,042,000 shares. 3 month avg: 38,182,855 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 04/01/2024 to 04/08/2024

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.

Mueller Industries Inc. (MLI)

Industry: Metal Fabricating

Industry RS rank: 42 out of 60

Stock RS rank: 43 out of 621

4/18/24 close: $52.32

1 Month avg volatility: $1.15. Volatility stop (for downward breakout): $55.61 or 6.3% above the close.

Change YTD: 10.97%

Volume: 665,800 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: Triple top reversal pattern from 03/21/2024 to 04/08/2024

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.

Murphy Oil Corporation (MUR)

Industry: Petroleum (Integrated)

Industry RS rank: 47 out of 60

Stock RS rank: 502 out of 621

4/18/24 close: $45.19

1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $47.71 or 5.6% above the close.

Change YTD: 5.93%

Volume: 1,272,400 shares. 3 month avg: 2,218,335 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 top reversal pattern from 04/01/2024 to 04/08/2024

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.

National Oilwell Varco (NOV)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 60 out of 60

Stock RS rank: 543 out of 621

4/18/24 close: $18.50

1 Month avg volatility: $0.50. Volatility stop (for downward breakout): $19.80 or 7.0% above the close.

Change YTD: -8.78%

Volume: 2,185,600 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 Tuesday.

Chart pattern: Pipe top reversal pattern from 04/01/2024 to 04/08/2024

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.

Nike Inc (NKE)

Industry: Shoe

Industry RS rank: 2 out of 60

Stock RS rank: 528 out of 621

4/18/24 close: $95.74

1 Month avg volatility: $1.74. Volatility stop (for upward breakout): $91.04 or 4.9% below the close.

Change YTD: -11.82%

Volume: 9,619,000 shares. 3 month avg: 7,684,068 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 04/01/2024 to 04/08/2024

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.

NVidia Corp (NVDA)

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

Industry RS rank: 3 out of 60

Stock RS rank: 2 out of 621

4/18/24 close: $846.71

1 Month avg volatility: $33.75. Volatility stop (for downward breakout): $929.40 or 9.8% above the close.

Change YTD: 70.98%

Volume: 44,384,300 shares. 3 month avg: 15,363,712 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 03/08/2024 to 03/25/2024

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.

Old Republic International Corp (ORI)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 35 out of 60

Stock RS rank: 371 out of 621

4/18/24 close: $29.12

1 Month avg volatility: $0.45. Volatility stop (for downward breakout): $30.08 or 3.3% above the close.

Change YTD: -0.95%

Volume: 2,370,100 shares. 3 month avg: 1,253,378 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.

Chart pattern: Diamond top reversal pattern from 04/01/2024 to 04/08/2024

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.

On Assignment, Inc. (ASGN)

Industry: Human Resources

Industry RS rank: 52 out of 60

Stock RS rank: 245 out of 621

4/18/24 close: $95.55

1 Month avg volatility: $1.87. Volatility stop (for downward breakout): $100.69 or 5.4% above the close.

Change YTD: -0.64%

Volume: 276,100 shares. 3 month avg: 295,840 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 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.

Oracle Corporation (ORCL)

Industry: Computer Software and Svcs

Industry RS rank: 40 out of 60

Stock RS rank: 351 out of 621

4/18/24 close: $116.00

1 Month avg volatility: $2.26. Volatility stop (for downward breakout): $123.28 or 6.3% above the close.

Change YTD: 10.03%

Volume: 6,633,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

Chart pattern: Head-and-shoulders top reversal pattern from 03/12/2024 to 04/04/2024

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.

Oxford Industries (OXM)

Industry: Apparel

Industry RS rank: 8 out of 60

Stock RS rank: 328 out of 621

4/18/24 close: $103.12

1 Month avg volatility: $3.12. Volatility stop (for downward breakout): $110.87 or 7.5% above the close.

Change YTD: 3.12%

Volume: 189,300 shares. 3 month avg: 112,505 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 03/08/2024 to 04/11/2024

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.

Pinnacle West Capital Corp (PNW)

Industry: Electric Utility (West)

Industry RS rank: 55 out of 60

Stock RS rank: 492 out of 621

4/18/24 close: $72.97

1 Month avg volatility: $1.09. Volatility stop (for downward breakout): $75.49 or 3.5% above the close.

Change YTD: 1.57%

Volume: 817,100 shares. 3 month avg: 750,734 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, Eve and Adam reversal pattern from 03/28/2024 to 04/09/2024

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.

PPG Industries Inc (PPG)

Industry: Chemical (Diversified)

Industry RS rank: 58 out of 60

Stock RS rank: 377 out of 621

4/18/24 close: $135.11

1 Month avg volatility: $2.13. Volatility stop (for downward breakout): $140.64 or 4.1% above the close.

Change YTD: -9.66%

Volume: 2,298,100 shares. 3 month avg: 1,342,054 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, Eve and Eve reversal pattern from 02/27/2024 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.

Qualcomm Inc. (QCOM)

Industry: Telecom. Equipment

Industry RS rank: 21 out of 60

Stock RS rank: 46 out of 621

4/18/24 close: $161.44

1 Month avg volatility: $3.48. Volatility stop (for downward breakout): $171.06 or 6.0% above the close.

Change YTD: 11.62%

Volume: 8,765,700 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: Double Top, Adam and Eve reversal pattern from 03/07/2024 to 04/09/2024

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.

Rogers Corp (ROG)

Industry: Electronics

Industry RS rank: 33 out of 60

Stock RS rank: 566 out of 621

4/18/24 close: $106.42

1 Month avg volatility: $2.60. Volatility stop (for downward breakout): $113.65 or 6.8% above the close.

Change YTD: -19.42%

Volume: 167,100 shares. 3 month avg: 160,817 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 03/15/2024 to 04/09/2024

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.

Schwab, Charles Corporation (SCHW)

Industry: Securities Brokerage

Industry RS rank: 24 out of 60

Stock RS rank: 63 out of 621

4/18/24 close: $72.93

1 Month avg volatility: $1.48. Volatility stop (for downward breakout): $76.80 or 5.3% above the close.

Change YTD: 6.00%

Volume: 8,156,700 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: Broadening top reversal pattern from 03/26/2024 to 04/17/2024

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.

Sempra Energy (SRE)

Industry: Electric Utility (West)

Industry RS rank: 55 out of 60

Stock RS rank: 483 out of 621

4/18/24 close: $68.44

1 Month avg volatility: $1.14. Volatility stop (for downward breakout): $70.87 or 3.6% above the close.

Change YTD: -8.42%

Volume: 3,357,200 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 top reversal pattern from 02/23/2024 to 04/02/2024

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.

SPS Commerce Inc (SPSC)

Industry: E-Commerce

Industry RS rank: 18 out of 60

Stock RS rank: 494 out of 621

4/18/24 close: $163.13

1 Month avg volatility: $4.31. Volatility stop (for downward breakout): $173.88 or 6.6% above the close.

Change YTD: -15.84%

Volume: 220,000 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: Pipe top reversal pattern from 02/05/2024 to 02/12/2024

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.

Summit Materials Inc (SUM)

Industry: Cement and Aggregates

Industry RS rank: 4 out of 60

Stock RS rank: 180 out of 621

4/18/24 close: $38.47

1 Month avg volatility: $1.05. Volatility stop (for downward breakout): $41.81 or 8.7% above the close.

Change YTD: 0.03%

Volume: 959,600 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: Double Top, Eve and Adam reversal pattern from 03/04/2024 to 04/01/2024

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.

Techne Corporation (TECH)

Industry: Biotechnology

Industry RS rank: 50 out of 60

Stock RS rank: 511 out of 621

4/18/24 close: $62.21

1 Month avg volatility: $1.81. Volatility stop (for downward breakout): $66.04 or 6.2% above the close.

Change YTD: -19.38%

Volume: 1,174,700 shares. 3 month avg: 150,611 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 12/28/2023 to 03/08/2024

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.

Teva Pharmaceutical Industries (TEVA)

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

Industry RS rank: 31 out of 60

Stock RS rank: 42 out of 621

4/18/24 close: $12.78

1 Month avg volatility: $0.33. Volatility stop (for downward breakout): $13.88 or 8.6% above the close.

Change YTD: 22.41%

Volume: 8,949,400 shares. 3 month avg: 26,334,894 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: Double Top, Adam and Adam reversal pattern from 03/27/2024 to 04/08/2024

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.

Textron Inc (TXT)

Industry: Diversified Co.

Industry RS rank: 30 out of 60

Stock RS rank: 219 out of 621

4/18/24 close: $92.58

1 Month avg volatility: $1.23. Volatility stop (for downward breakout): $95.98 or 3.7% above the close.

Change YTD: 15.12%

Volume: 810,300 shares. 3 month avg: 1,342,598 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 03/27/2024 to 04/08/2024

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.

Timken Co., The (TKR)

Industry: Metal Fabricating

Industry RS rank: 42 out of 60

Stock RS rank: 209 out of 621

4/18/24 close: $84.19

1 Month avg volatility: $1.79. Volatility stop (for downward breakout): $89.09 or 5.8% above the close.

Change YTD: 5.04%

Volume: 529,700 shares. 3 month avg: 853,643 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: Double Top, Adam and Eve reversal pattern from 03/22/2024 to 04/08/2024

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.

TJX Companies Inc (TJX)

Industry: Retail Store

Industry RS rank: 14 out of 60

Stock RS rank: 428 out of 621

4/18/24 close: $92.66

1 Month avg volatility: $1.45. Volatility stop (for downward breakout): $96.61 or 4.3% above the close.

Change YTD: -1.23%

Volume: 3,290,700 shares. 3 month avg: 5,055,712 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 Top, Adam and Adam reversal pattern from 02/28/2024 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.

TransDigm Group Inc (TDG)

Industry: Aerospace/Defense

Industry RS rank: 27 out of 60

Stock RS rank: 48 out of 621

4/18/24 close: $1,213.50

1 Month avg volatility: $22.92. Volatility stop (for upward breakout): $1,165.72 or 3.9% below the close.

Change YTD: 19.96%

Volume: 204,000 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 03/22/2024 to 04/18/2024

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.

Transocean Inc. (RIG)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 60 out of 60

Stock RS rank: 586 out of 621

4/18/24 close: $5.55

1 Month avg volatility: $0.27. Volatility stop (for downward breakout): $6.30 or 13.5% above the close.

Change YTD: -12.60%

Volume: 26,141,500 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 top reversal pattern from 04/01/2024 to 04/08/2024

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.

Trex Company (TREX)

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

Industry RS rank: 5 out of 60

Stock RS rank: 33 out of 621

4/18/24 close: $87.95

1 Month avg volatility: $2.33. Volatility stop (for downward breakout): $94.49 or 7.4% above the close.

Change YTD: 6.23%

Volume: 766,000 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: Double Top, Adam and Eve reversal pattern from 02/27/2024 to 03/25/2024

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.

UGI Corp. (UGI)

Industry: Natural Gas (Distributor)

Industry RS rank: 46 out of 60

Stock RS rank: 321 out of 621

4/18/24 close: $23.79

1 Month avg volatility: $0.60. Volatility stop (for downward breakout): $25.16 or 5.8% above the close.

Change YTD: -3.29%

Volume: 2,023,200 shares. 3 month avg: 686,418 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Eve and Adam reversal pattern from 03/13/2024 to 04/08/2024

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.

Veeva Systems Inc (VEEV)

Industry: Healthcare Information

Industry RS rank: 54 out of 60

Stock RS rank: 488 out of 621

4/18/24 close: $199.54

1 Month avg volatility: $3.89. Volatility stop (for downward breakout): $209.40 or 4.9% above the close.

Change YTD: 3.65%

Volume: 850,300 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 03/14/2024 to 03/27/2024

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.

Westlake Chemical Corp (WLK)

Industry: Chemical (Basic)

Industry RS rank: 19 out of 60

Stock RS rank: 154 out of 621

4/18/24 close: $148.94

1 Month avg volatility: $3.23. Volatility stop (for downward breakout): $158.82 or 6.6% above the close.

Change YTD: 6.42%

Volume: 494,700 shares. 3 month avg: 812,517 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 top reversal pattern from 04/01/2024 to 04/08/2024

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.

Wolfspeed (WOLF)

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

Industry RS rank: 3 out of 60

Stock RS rank: 603 out of 621

4/18/24 close: $23.72

1 Month avg volatility: $1.39. Volatility stop (for downward breakout): $27.89 or 17.6% above the close.

Change YTD: -45.48%

Volume: 4,722,600 shares. 3 month avg: 2,005,123 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 03/08/2024 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.

First Trust NASDAQ 100 Tech Sector ETF (QTEC)

Industry: Electronics

Industry RS rank: 33 out of 60

Stock RS rank: 182 out of 621

4/18/24 close: $177.92

1 Month avg volatility: $2.81. Volatility stop (for downward breakout): $185.87 or 4.5% above the close.

Change YTD: 1.40%

Volume: 100,100 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 03/04/2024 to 03/21/2024

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.

iShares Semiconductor ETF (SOXX)

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

Industry RS rank: 3 out of 60

Stock RS rank: 110 out of 621

4/18/24 close: $206.63

1 Month avg volatility: $4.85. Volatility stop (for downward breakout): $219.92 or 6.4% above the close.

Change YTD: 7.60%

Volume: 5,154,000 shares. 3 month avg: 570,480 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: Head-and-shoulders top reversal pattern from 03/21/2024 to 04/04/2024

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.

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