As of 12/26/2024
Indus: 43,326 +28.77 +0.1%
Trans: 16,104 +40.79 +0.3%
Utils: 992 -1.47 -0.1%
Nasdaq: 20,020 -10.77 -0.1%
S&P 500: 6,038 -2.45 0.0%
|
YTD
+15.0%
+1.3%
+12.5%
+33.4%
+26.6%
|
 44,200 or 41,750 by 01/01/202516,700 or 15,500 by 01/15/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 |
As of 12/26/2024
Indus: 43,326 +28.77 +0.1%
Trans: 16,104 +40.79 +0.3%
Utils: 992 -1.47 -0.1%
Nasdaq: 20,020 -10.77 -0.1%
S&P 500: 6,038 -2.45 0.0%
|
YTD
+15.0%
+1.3%
+12.5%
+33.4%
+26.6%
| |
|
44,200 or 41,750 by 01/01/202516,700 or 15,500 by 01/15/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 | ||
Copyright © 2024 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: ElectronicsIndustry RS rank: 31 out of 60Stock RS rank: 56 out of 6204/25/24 close: $119.011 Month avg volatility: $2.58. Volatility stop (for downward breakout): $124.64 or 4.7% above the close.Change YTD: 20.05%Volume: 4,080,800 shares. 3 month avg: 1,207,969 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Adam and Eve reversal pattern from 03/25/2024 to 04/04/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: IT ServicesIndustry RS rank: 21 out of 60Stock RS rank: 355 out of 6204/25/24 close: $246.341 Month avg volatility: $3.67. Volatility stop (for upward breakout): $237.06 or 3.8% below the close.Change YTD: 5.74%Volume: 1,175,600 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: Triangle, symmetrical continuation pattern from 03/15/2024 to 04/24/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Chemical (Specialty)Industry RS rank: 24 out of 60Stock RS rank: 334 out of 6204/25/24 close: $138.501 Month avg volatility: $2.57. Volatility stop (for downward breakout): $145.03 or 4.7% above the close.Change YTD: -6.89%Volume: 111,200 shares. 3 month avg: 82,003 shares.This security may be thinly traded (less than 100k 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 02/29/2024 to 03/21/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Medical SuppliesIndustry RS rank: 44 out of 60Stock RS rank: 533 out of 6204/25/24 close: $275.601 Month avg volatility: $8.90. Volatility stop (for downward breakout): $295.87 or 7.4% above the close.Change YTD: -14.65%Volume: 163,300 shares. 3 month avg: 180,103 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Adam and Eve reversal pattern from 02/16/2024 to 03/22/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: BiotechnologyIndustry RS rank: 50 out of 60Stock RS rank: 496 out of 6204/25/24 close: $82.171 Month avg volatility: $1.84. Volatility stop (for downward breakout): $90.47 or 10.1% above the close.Change YTD: -14.78%Volume: 7,884,300 shares. 3 month avg: 1,330,032 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Adam and Adam reversal pattern from 04/12/2024 to 04/24/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Retail Building SupplyIndustry RS rank: 9 out of 60Stock RS rank: 14 out of 6204/25/24 close: $185.261 Month avg volatility: $6.23. Volatility stop (for downward breakout): $198.24 or 7.0% above the close.Change YTD: 10.97%Volume: 916,300 shares. 3 month avg: 1,257,223 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 03/08/2024 to 04/04/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: ShoeIndustry RS rank: 3 out of 60Stock RS rank: 93 out of 6204/25/24 close: $36.391 Month avg volatility: $1.10. Volatility stop (for downward breakout): $38.64 or 6.2% above the close.Change YTD: 18.42%Volume: 303,600 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: Scallop, descending continuation pattern from 03/27/2024 to 04/24/2024Breakout is downward 66% of the time.Average decline: 17%.Break-even failure rate: 15%.Pullbacks occur 55% of the time.Price hits measure rule target 30% of the time.
Industry: ElectronicsIndustry RS rank: 31 out of 60Stock RS rank: 19 out of 6204/25/24 close: $43.251 Month avg volatility: $2.20. Volatility stop (for downward breakout): $50.51 or 16.8% above the close.Change YTD: 47.71%Volume: 4,324,300 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: Pipe top reversal pattern from 04/01/2024 to 04/08/2024Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Electric Utility (East)Industry RS rank: 43 out of 60Stock RS rank: 452 out of 6204/25/24 close: $94.111 Month avg volatility: $1.48. Volatility stop (for upward breakout): $89.73 or 4.7% below the close.Change YTD: 3.45%Volume: 2,190,700 shares. 3 month avg: 1,605,666 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 03/26/2024 to 04/16/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Toiletries/CosmeticsIndustry RS rank: 58 out of 60Stock RS rank: 285 out of 6204/25/24 close: $11.421 Month avg volatility: $0.34. Volatility stop (for upward breakout): $10.66 or 6.6% below the close.Change YTD: -8.05%Volume: 2,853,100 shares. 3 month avg: 5,764,371 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 04/08/2024 to 04/15/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Financial ServicesIndustry RS rank: 13 out of 60Stock RS rank: 42 out of 6204/25/24 close: $125.671 Month avg volatility: $2.58. Volatility stop (for upward breakout): $120.44 or 4.2% below the close.Change YTD: 11.81%Volume: 1,448,600 shares. 3 month avg: 2,443,809 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 bottom reversal pattern from 04/08/2024 to 04/15/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Electric Utility (East)Industry RS rank: 43 out of 60Stock RS rank: 193 out of 6204/25/24 close: $50.971 Month avg volatility: $1.11. Volatility stop (for upward breakout): $48.13 or 5.6% below the close.Change YTD: 8.45%Volume: 4,433,100 shares. 3 month avg: 2,249,422 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 03/26/2024 to 04/16/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 59 out of 60Stock RS rank: 592 out of 6204/25/24 close: $19.311 Month avg volatility: $0.80. Volatility stop (for downward breakout): $21.10 or 9.3% above the close.Change YTD: -17.02%Volume: 318,900 shares. 3 month avg: 557,835 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 02/27/2024 to 04/03/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Electric Utility (East)Industry RS rank: 43 out of 60Stock RS rank: 365 out of 6204/25/24 close: $99.031 Month avg volatility: $1.51. Volatility stop (for downward breakout): $102.63 or 3.6% above the close.Change YTD: 2.05%Volume: 2,539,900 shares. 3 month avg: 2,571,354 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Broadening top reversal pattern from 03/11/2024 to 04/19/2024Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: Medical ServicesIndustry RS rank: 57 out of 60Stock RS rank: 256 out of 6204/25/24 close: $539.681 Month avg volatility: $8.44. Volatility stop (for upward breakout): $518.08 or 4.0% below the close.Change YTD: 14.45%Volume: 1,066,600 shares. 3 month avg: 1,162,854 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 04/12/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 6 out of 60Stock RS rank: 6 out of 6204/25/24 close: $19.391 Month avg volatility: $0.60. Volatility stop (for upward breakout): $17.50 or 9.7% below the close.Change YTD: 25.42%Volume: 11,000 shares. 3 month avg: 24,458 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: Triangle, ascending reversal pattern from 04/05/2024 to 04/25/2024Breakout is upward 70% of the time.Average rise: 35%.Break-even failure rate: 13%.Throwbacks occur 57% of the time.Price hits measure rule target 75% of the time.
Industry: Food ProcessingIndustry RS rank: 53 out of 60Stock RS rank: 418 out of 6204/25/24 close: $71.381 Month avg volatility: $1.17. Volatility stop (for upward breakout): $68.77 or 3.7% below the close.Change YTD: 9.58%Volume: 2,871,200 shares. 3 month avg: 4,139,065 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 04/08/2024 to 04/15/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Human ResourcesIndustry RS rank: 49 out of 60Stock RS rank: 336 out of 6204/25/24 close: $108.931 Month avg volatility: $1.93. Volatility stop (for upward breakout): $103.46 or 5.0% below the close.Change YTD: -7.07%Volume: 232,300 shares. 3 month avg: 131,942 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Triple bottom reversal pattern from 04/05/2024 to 04/16/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: Air TransportIndustry RS rank: 46 out of 60Stock RS rank: 120 out of 6204/25/24 close: $5.721 Month avg volatility: $0.31. Volatility stop (for downward breakout): $6.44 or 12.6% above the close.Change YTD: 3.06%Volume: 19,597,200 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: Dead-cat bounce continuation pattern from 04/23/2024 to 04/23/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Computer Software and SvcsIndustry RS rank: 35 out of 60Stock RS rank: 337 out of 6204/25/24 close: $31.991 Month avg volatility: $0.89. Volatility stop (for upward breakout): $29.93 or 6.5% below the close.Change YTD: -15.55%Volume: 750,300 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: Triangle, symmetrical continuation pattern from 03/11/2024 to 04/03/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 23 out of 60Stock RS rank: 114 out of 6204/25/24 close: $564.801 Month avg volatility: $17.03. Volatility stop (for downward breakout): $600.60 or 6.3% above the close.Change YTD: 16.00%Volume: 3,715,100 shares. 3 month avg: 6,844,629 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 04/08/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 11%.Pullbacks occur 59% of the time.Price hits measure rule target 73% of the time.
Industry: E-CommerceIndustry RS rank: 20 out of 60Stock RS rank: 16 out of 6204/25/24 close: $60.891 Month avg volatility: $2.17. Volatility stop (for downward breakout): $65.55 or 7.7% above the close.Change YTD: 27.68%Volume: 1,014,900 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 04/11/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 11%.Pullbacks occur 59% of the time.Price hits measure rule target 73% of the time.
Industry: AdvertisingIndustry RS rank: 15 out of 60Stock RS rank: 35 out of 6204/25/24 close: $15.341 Month avg volatility: $0.41. Volatility stop (for upward breakout): $14.19 or 7.5% below the close.Change YTD: 9.89%Volume: 1,330,600 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: Scallop, ascending and inverted continuation pattern from 02/20/2024 to 04/19/2024Breakout 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.
Industry: Electric Utility (West)Industry RS rank: 55 out of 60Stock RS rank: 438 out of 6204/25/24 close: $43.251 Month avg volatility: $0.73. Volatility stop (for upward breakout): $41.54 or 3.9% below the close.Change YTD: -0.21%Volume: 1,201,700 shares. 3 month avg: 771,474 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Triple bottom reversal pattern from 03/14/2024 to 04/16/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 59 out of 60Stock RS rank: 571 out of 6204/25/24 close: $7.361 Month avg volatility: $0.25. Volatility stop (for downward breakout): $7.95 or 8.1% above the close.Change YTD: 1.10%Volume: 4,694,800 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: Head-and-shoulders top reversal pattern from 04/08/2024 to 04/23/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: E-CommerceIndustry RS rank: 20 out of 60Stock RS rank: 298 out of 6204/25/24 close: $60.011 Month avg volatility: $1.36. Volatility stop (for downward breakout): $62.77 or 4.6% above the close.Change YTD: -20.90%Volume: 2,260,000 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 03/13/2024 to 04/01/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 10%.Pullbacks occur 61% of the time.Price hits measure rule target 40% of the time.
Industry: Trucking/Transp. LeasingIndustry RS rank: 28 out of 60Stock RS rank: 165 out of 6204/25/24 close: $64.971 Month avg volatility: $1.37. Volatility stop (for upward breakout): $60.47 or 6.9% below the close.Change YTD: -9.51%Volume: 102,500 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: Triangle, ascending reversal pattern from 01/31/2024 to 04/03/2024Breakout is upward 70% of the time.Average rise: 35%.Break-even failure rate: 13%.Throwbacks occur 57% of the time.Price hits measure rule target 75% of the time.
Industry: Petroleum (Integrated)Industry RS rank: 40 out of 60Stock RS rank: 143 out of 6204/25/24 close: $167.131 Month avg volatility: $4.51. Volatility stop (for downward breakout): $177.53 or 6.2% above the close.Change YTD: 28.56%Volume: 3,274,600 shares. 3 month avg: 3,602,446 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 04/08/2024Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Precision InstrumentIndustry RS rank: 14 out of 60Stock RS rank: 103 out of 6204/25/24 close: $34.401 Month avg volatility: $1.20. Volatility stop (for downward breakout): $36.96 or 7.4% above the close.Change YTD: 10.86%Volume: 421,600 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: Big M reversal pattern from 03/01/2024 to 04/09/2024Breakout 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.
Industry: Healthcare InformationIndustry RS rank: 54 out of 60Stock RS rank: 613 out of 6204/25/24 close: $7.951 Month avg volatility: $0.50. Volatility stop (for downward breakout): $9.27 or 16.6% above the close.Change YTD: -24.21%Volume: 61,100 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: Triangle, descending reversal pattern from 03/18/2024 to 04/25/2024WARNING: A dead-cat bounce occurred on 03/01/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 05/31/2024 and a 38% chance by 08/30/2024.Breakout is downward 64% of the time.Average decline: 16%.Break-even failure rate: 16%.Pullbacks occur 54% of the time.Price hits measure rule target 54% of the time.
Industry: ShoeIndustry RS rank: 3 out of 60Stock RS rank: 204 out of 6204/25/24 close: $10.491 Month avg volatility: $0.36. Volatility stop (for upward breakout): $9.41 or 10.3% below the close.Change YTD: 18.00%Volume: 818,200 shares. 3 month avg: 772,149 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 04/08/2024 to 04/15/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
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