As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
|
 46,000 or 43,000 by 12/01/202418,000 or 16,600 by 12/01/20241,200 or 1,000 by 12/01/202420,000 or 18,400 by 12/01/20246,100 or 5,800 by 12/01/2024 |
As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
| |
|
46,000 or 43,000 by 12/01/202418,000 or 16,600 by 12/01/20241,200 or 1,000 by 12/01/202420,000 or 18,400 by 12/01/20246,100 or 5,800 by 12/01/2024 | ||
Copyright © 2024 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: Diversified Co.Industry RS rank: 34 out of 60Stock RS rank: 437 out of 6205/2/24 close: $96.811 Month avg volatility: $1.86. Volatility stop (for upward breakout): $92.93 or 4.0% below the close.Change YTD: -11.44%Volume: 6,263,500 shares. 3 month avg: 3,021,471 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Triangle, symmetrical continuation pattern from 04/04/2024 to 04/29/2024Breakout 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: Electric Utility (East)Industry RS rank: 41 out of 60Stock RS rank: 170 out of 6205/2/24 close: $18.931 Month avg volatility: $0.57. Volatility stop (for upward breakout): $17.16 or 9.3% below the close.Change YTD: -1.66%Volume: 10,576,200 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: Head-and-shoulders complex bottom reversal pattern from 02/13/2024 to 04/17/2024Breakout 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.
Industry: Chemical (Diversified)Industry RS rank: 53 out of 60Stock RS rank: 572 out of 6205/2/24 close: $243.691 Month avg volatility: $4.23. Volatility stop (for upward breakout): $226.68 or 7.0% below the close.Change YTD: -11.00%Volume: 1,805,000 shares. 3 month avg: 1,051,743 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 04/16/2024 to 04/30/2024Breakout 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: ApparelIndustry RS rank: 2 out of 60Stock RS rank: 97 out of 6205/2/24 close: $24.471 Month avg volatility: $0.78. Volatility stop (for downward breakout): $26.18 or 7.0% above the close.Change YTD: 15.64%Volume: 2,981,500 shares. 3 month avg: 4,309,748 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: Head-and-shoulders top reversal pattern from 03/21/2024 to 04/09/2024Breakout 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: Human ResourcesIndustry RS rank: 56 out of 60Stock RS rank: 593 out of 6205/2/24 close: $60.211 Month avg volatility: $1.84. Volatility stop (for upward breakout): $54.12 or 10.1% below the close.Change YTD: -19.59%Volume: 821,000 shares. 3 month avg: 286,222 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 04/15/2024 to 04/25/2024WARNING: A dead-cat bounce occurred on 02/16/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 05/17/2024 and a 38% chance by 08/16/2024.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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 40 out of 60Stock RS rank: 358 out of 6205/2/24 close: $65.181 Month avg volatility: $1.27. Volatility stop (for upward breakout): $60.83 or 6.7% below the close.Change YTD: 17.72%Volume: 1,012,900 shares. 3 month avg: 808,385 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 Bottom, Adam and Adam reversal pattern from 04/17/2024 to 04/26/2024Breakout 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: Packaging and ContainerIndustry RS rank: 32 out of 60Stock RS rank: 472 out of 6205/2/24 close: $58.381 Month avg volatility: $1.09. Volatility stop (for upward breakout): $55.74 or 4.5% below the close.Change YTD: -13.37%Volume: 692,300 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: Double Bottom, Eve and Adam reversal pattern from 04/16/2024 to 04/24/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 22 out of 60Stock RS rank: 189 out of 6205/2/24 close: $3,472.911 Month avg volatility: $76.20. Volatility stop (for downward breakout): $3,640.31 or 4.8% above the close.Change YTD: -2.09%Volume: 431,000 shares. 3 month avg: 441,478 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, descending reversal pattern from 03/15/2024 to 05/01/2024Breakout is downward 64% of the time.Average decline: 16%.Break-even failure rate: 16%.Pullbacks occur 54% of the time.Price hits measure rule target 54% of the time.
Industry: Food ProcessingIndustry RS rank: 51 out of 60Stock RS rank: 245 out of 6205/2/24 close: $57.521 Month avg volatility: $1.70. Volatility stop (for downward breakout): $61.02 or 6.1% above the close.Change YTD: 0.23%Volume: 630,100 shares. 3 month avg: 322,132 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 03/22/2024 to 04/17/2024Breakout 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: Chemical (Basic)Industry RS rank: 20 out of 60Stock RS rank: 548 out of 6205/2/24 close: $73.871 Month avg volatility: $1.97. Volatility stop (for downward breakout): $80.45 or 8.9% above the close.Change YTD: -7.08%Volume: 4,327,000 shares. 3 month avg: 3,754,700 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 Adam reversal pattern from 04/18/2024 to 04/29/2024Breakout 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: Petroleum (Producing)Industry RS rank: 48 out of 60Stock RS rank: 208 out of 6205/2/24 close: $197.631 Month avg volatility: $4.50. Volatility stop (for downward breakout): $207.14 or 4.8% above the close.Change YTD: 27.44%Volume: 1,899,100 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, Eve and Eve reversal pattern from 04/12/2024 to 04/26/2024Breakout 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: NoneIndustry RS rank: 25 out of 605/2/24 close: $38,225.661 Month avg volatility: $402.35. Volatility stop (for upward breakout): $37,090.96 or 3.0% below the close.Change YTD: 1.42%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: Triangle, symmetrical continuation pattern from 04/17/2024 to 05/02/2024Breakout 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: 22 out of 60Stock RS rank: 169 out of 6205/2/24 close: $49.391 Month avg volatility: $1.04. Volatility stop (for upward breakout): $46.43 or 6.0% below the close.Change YTD: 13.23%Volume: 10,824,100 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: Broadening top, right-angled and descending continuation pattern from 03/14/2024 to 05/02/2024Breakout is upward 51% of the time.Average rise: 28%.Break-even failure rate: 19%.Throwbacks occur 52% of the time.Price hits measure rule target 63% of the time.
Industry: E-CommerceIndustry RS rank: 23 out of 60Stock RS rank: 576 out of 6205/2/24 close: $11.251 Month avg volatility: $0.53. Volatility stop (for upward breakout): $9.41 or 16.3% below the close.Change YTD: -27.51%Volume: 2,368,200 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: Ugly double bottom reversal pattern from 03/19/2024 to 04/10/2024Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Financial ServicesIndustry RS rank: 17 out of 60Stock RS rank: 155 out of 6205/2/24 close: $10.541 Month avg volatility: $0.34. Volatility stop (for downward breakout): $11.36 or 7.8% above the close.Change YTD: 20.59%Volume: 1,273,900 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 Eve reversal pattern from 04/01/2024 to 04/24/2024Breakout 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: ElectronicsIndustry RS rank: 31 out of 60Stock RS rank: 446 out of 6205/2/24 close: $27.421 Month avg volatility: $0.91. Volatility stop (for downward breakout): $29.24 or 6.6% above the close.Change YTD: -9.98%Volume: 10,494,900 shares. 3 month avg: 3,241,565 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 Adam reversal pattern from 04/04/2024 to 04/30/2024WARNING: A dead-cat bounce occurred on 01/03/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 07/03/2024.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.
Industry: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 4 out of 60Stock RS rank: 522 out of 6205/2/24 close: $12.761 Month avg volatility: $0.61. Volatility stop (for upward breakout): $9.74 or 23.6% below the close.Change YTD: -27.21%Volume: 8,489,000 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 Wednesday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 04/16/2024 to 04/22/2024Breakout 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: HomebuildingIndustry RS rank: 3 out of 60Stock RS rank: 127 out of 6205/2/24 close: $145.461 Month avg volatility: $4.13. Volatility stop (for upward breakout): $133.58 or 8.2% below the close.Change YTD: -4.29%Volume: 1,779,500 shares. 3 month avg: 4,390,840 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 bottom reversal pattern from 04/19/2024 to 05/02/2024Breakout is upward 69% of the time.Average rise: 36%.Break-even failure rate: 4%.Throwbacks occur 53% of the time.Price hits measure rule target 81% of the time.
Industry: Human ResourcesIndustry RS rank: 56 out of 60Stock RS rank: 513 out of 6205/2/24 close: $103.171 Month avg volatility: $2.31. Volatility stop (for downward breakout): $109.95 or 6.6% above the close.Change YTD: -11.99%Volume: 372,400 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: Double Top, Adam and Eve reversal pattern from 03/28/2024 to 04/23/2024Breakout 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: Medical SuppliesIndustry RS rank: 37 out of 60Stock RS rank: 184 out of 6205/2/24 close: $173.421 Month avg volatility: $5.25. Volatility stop (for upward breakout): $157.78 or 9.0% below the close.Change YTD: -20.08%Volume: 630,300 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 04/19/2024 to 04/25/2024Breakout 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: Chemical (Diversified)Industry RS rank: 53 out of 60Stock RS rank: 483 out of 6205/2/24 close: $20.511 Month avg volatility: $0.60. Volatility stop (for upward breakout): $18.74 or 8.6% below the close.Change YTD: -14.15%Volume: 68,500 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: Triangle, symmetrical continuation pattern from 03/07/2024 to 05/02/2024Breakout 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: Medical SuppliesIndustry RS rank: 37 out of 60Stock RS rank: 501 out of 6205/2/24 close: $149.921 Month avg volatility: $2.45. Volatility stop (for upward breakout): $144.25 or 3.8% below the close.Change YTD: -4.35%Volume: 8,334,500 shares. 3 month avg: 5,464,417 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 04/18/2024 to 04/30/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: Metals and Mining (Div.)Industry RS rank: 16 out of 60Stock RS rank: 22 out of 6205/2/24 close: $94.331 Month avg volatility: $3.24. Volatility stop (for upward breakout): $85.02 or 9.9% below the close.Change YTD: 32.50%Volume: 138,800 shares. 3 month avg: 141,669 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 04/16/2024 to 04/25/2024Breakout 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: Furn/Home FurnishingsIndustry RS rank: 11 out of 60Stock RS rank: 614 out of 6205/2/24 close: $13.561 Month avg volatility: $0.50. Volatility stop (for downward breakout): $14.68 or 8.2% above the close.Change YTD: -48.18%Volume: 5,575,100 shares. 3 month avg: 1,259,645 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Dead-cat bounce continuation pattern from 05/01/2024 to 05/01/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: HomebuildingIndustry RS rank: 3 out of 60Stock RS rank: 93 out of 6205/2/24 close: $155.211 Month avg volatility: $4.24. Volatility stop (for upward breakout): $142.90 or 7.9% below the close.Change YTD: 4.14%Volume: 1,022,100 shares. 3 month avg: 3,465,638 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Diamond bottom reversal pattern from 04/16/2024 to 05/02/2024Breakout is upward 69% of the time.Average rise: 36%.Break-even failure rate: 4%.Throwbacks occur 53% of the time.Price hits measure rule target 81% of the time.
Industry: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 24 out of 60Stock RS rank: 108 out of 6205/2/24 close: $755.911 Month avg volatility: $17.94. Volatility stop (for upward breakout): $718.41 or 5.0% below the close.Change YTD: 29.68%Volume: 3,145,300 shares. 3 month avg: 3,086,694 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: Multi-peaks from 02/08/2024 to 05/02/2024
Industry: Computer Software and SvcsIndustry RS rank: 43 out of 60Stock RS rank: 272 out of 6205/2/24 close: $32.481 Month avg volatility: $0.84. Volatility stop (for upward breakout): $30.69 or 5.5% below the close.Change YTD: -14.26%Volume: 332,700 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: Pennant continuation pattern from 04/24/2024 to 05/02/2024Breakout is upward 61% of the time.Average rise: 25%.Break-even failure rate: 2%.Throwbacks occur 47% of the time.Price hits measure rule target 60% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 8 out of 60Stock RS rank: 549 out of 6205/2/24 close: $8.521 Month avg volatility: $0.31. Volatility stop (for upward breakout): $7.78 or 8.7% below the close.Change YTD: -8.49%Volume: 380,100 shares. 3 month avg: 417,169 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: Scallop, ascending continuation pattern from 04/04/2024 to 04/30/2024Breakout 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.
Industry: Petroleum (Producing)Industry RS rank: 48 out of 60Stock RS rank: 488 out of 6205/2/24 close: $62.111 Month avg volatility: $1.90. Volatility stop (for downward breakout): $66.36 or 6.9% above the close.Change YTD: 9.23%Volume: 1,317,300 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: Head-and-shoulders complex top reversal pattern from 03/25/2024 to 04/24/2024Breakout 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.
Industry: Electric Utility (Central)Industry RS rank: 44 out of 60Stock RS rank: 377 out of 6205/2/24 close: $80.291 Month avg volatility: $1.53. Volatility stop (for upward breakout): $76.27 or 5.0% below the close.Change YTD: 11.04%Volume: 213,900 shares. 3 month avg: 83,160 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 03/20/2024 to 04/16/2024Breakout is upward 100% of the time.Average rise: 40%.Break-even failure rate: 4%.Throwbacks occur 55% of the time.Price hits measure rule target 67% of the time.
Industry: Telecom. EquipmentIndustry RS rank: 14 out of 60Stock RS rank: 525 out of 6205/2/24 close: $11.781 Month avg volatility: $0.48. Volatility stop (for downward breakout): $13.95 or 18.5% above the close.Change YTD: -19.20%Volume: 1,473,500 shares. 3 month avg: 452,812 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Head-and-shoulders top reversal pattern from 03/01/2024 to 05/01/2024WARNING: A dead-cat bounce occurred on 05/02/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 08/01/2024 and a 38% chance by 10/31/2024.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.
Industry: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 1 out of 60Stock RS rank: 422 out of 6205/2/24 close: $70.011 Month avg volatility: $2.36. Volatility stop (for upward breakout): $63.34 or 9.5% below the close.Change YTD: -16.19%Volume: 6,485,900 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 04/15/2024 to 04/22/2024Breakout 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: Metals and Mining (Div.)Industry RS rank: 16 out of 60Stock RS rank: 174 out of 6205/2/24 close: $15.601 Month avg volatility: $0.41. Volatility stop (for downward breakout): $16.59 or 6.3% above the close.Change YTD: 9.24%Volume: 380,400 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 Adam reversal pattern from 04/01/2024 to 04/12/2024Breakout 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: AdvertisingIndustry RS rank: 12 out of 60Stock RS rank: 23 out of 6205/2/24 close: $16.041 Month avg volatility: $0.47. Volatility stop (for upward breakout): $14.66 or 8.6% below the close.Change YTD: 14.90%Volume: 2,757,300 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 04/15/2024 to 04/22/2024Breakout 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: Retail Building SupplyIndustry RS rank: 9 out of 60Stock RS rank: 72 out of 6205/2/24 close: $110.341 Month avg volatility: $3.20. Volatility stop (for upward breakout): $96.02 or 13.0% below the close.Change YTD: 9.96%Volume: 347,200 shares. 3 month avg: 94,083 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 Thursday.Chart pattern: Triple bottom reversal pattern from 04/18/2024 to 05/01/2024Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 24 out of 60Stock RS rank: 556 out of 6205/2/24 close: $27.701 Month avg volatility: $0.52. Volatility stop (for upward breakout): $26.08 or 5.9% below the close.Change YTD: -3.79%Volume: 60,899,400 shares. 3 month avg: 34,097,717 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 Bottom, Adam and Adam reversal pattern from 04/18/2024 to 04/26/2024Breakout 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: Electric Utility (West)Industry RS rank: 55 out of 60Stock RS rank: 466 out of 6205/2/24 close: $17.531 Month avg volatility: $0.31. Volatility stop (for upward breakout): $16.66 or 4.9% below the close.Change YTD: -2.77%Volume: 9,524,900 shares. 3 month avg: 5,870,049 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 02/13/2024 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: Trucking/Transp. LeasingIndustry RS rank: 54 out of 60Stock RS rank: 439 out of 6205/2/24 close: $405.951 Month avg volatility: $22.99. Volatility stop (for downward breakout): $455.92 or 12.3% above the close.Change YTD: -7.36%Volume: 638,800 shares. 3 month avg: 163,825 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: Dead-cat bounce continuation pattern from 04/26/2024 to 04/26/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 59 out of 60Stock RS rank: 575 out of 6205/2/24 close: $47.581 Month avg volatility: $1.22. Volatility stop (for downward breakout): $50.43 or 6.0% above the close.Change YTD: -8.57%Volume: 8,929,600 shares. 3 month avg: 8,320,412 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.Chart pattern: Double Top, Eve and Adam reversal pattern from 03/28/2024 to 04/08/2024Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 5 out of 60Stock RS rank: 1 out of 6205/2/24 close: $38.681 Month avg volatility: $2.15. Volatility stop (for upward breakout): $32.45 or 16.1% below the close.Change YTD: 76.54%Volume: 1,985,900 shares. 3 month avg: 510,991 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 bottom reversal pattern from 04/15/2024 to 04/22/2024Breakout 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: Medical SuppliesIndustry RS rank: 37 out of 60Stock RS rank: 304 out of 6205/2/24 close: $34.551 Month avg volatility: $1.22. Volatility stop (for upward breakout): $30.45 or 11.9% below the close.Change YTD: -4.95%Volume: 368,400 shares. 3 month avg: 37,286 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: Triple bottom reversal pattern from 04/22/2024 to 04/30/2024WARNING: A dead-cat bounce occurred on 02/01/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/01/2024.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.
Industry: BiotechnologyIndustry RS rank: 39 out of 60Stock RS rank: 70 out of 6205/2/24 close: $75.601 Month avg volatility: $2.03. Volatility stop (for upward breakout): $69.02 or 8.7% below the close.Change YTD: -2.02%Volume: 2,250,200 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 Bottom, Eve and Adam reversal pattern from 04/18/2024 to 04/25/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: Diversified Co.Industry RS rank: 34 out of 60Stock RS rank: 454 out of 6205/2/24 close: $198.731 Month avg volatility: $4.96. Volatility stop (for downward breakout): $223.32 or 12.4% above the close.Change YTD: -20.30%Volume: 669,300 shares. 3 month avg: 269,822 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 Adam reversal pattern from 04/23/2024 to 05/02/2024Breakout 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: Furn/Home FurnishingsIndustry RS rank: 11 out of 60Stock RS rank: 195 out of 6205/2/24 close: $50.421 Month avg volatility: $1.24. Volatility stop (for downward breakout): $53.16 or 5.4% above the close.Change YTD: -1.08%Volume: 1,488,300 shares. 3 month avg: 985,960 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Top, Eve and Eve reversal pattern from 03/13/2024 to 03/28/2024Breakout 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: Metal FabricatingIndustry RS rank: 33 out of 60Stock RS rank: 153 out of 6205/2/24 close: $89.171 Month avg volatility: $2.20. Volatility stop (for upward breakout): $82.80 or 7.2% below the close.Change YTD: 11.25%Volume: 578,900 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 Bottom, Eve and Adam reversal pattern from 04/16/2024 to 04/25/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: Chemical (Specialty)Industry RS rank: 27 out of 60Stock RS rank: 58 out of 6205/2/24 close: $6.361 Month avg volatility: $0.20. Volatility stop (for upward breakout): $5.93 or 6.7% below the close.Change YTD: 17.56%Volume: 72,100 shares. 3 month avg: 64,734 shares.This security may be thinly traded (less than 100k 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: Rectangle top continuation pattern from 03/27/2024 to 05/02/2024Breakout 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.
Industry: Metal FabricatingIndustry RS rank: 33 out of 60Stock RS rank: 214 out of 6205/2/24 close: $244.571 Month avg volatility: $4.84. Volatility stop (for upward breakout): $215.32 or 12.0% below the close.Change YTD: 4.74%Volume: 591,300 shares. 3 month avg: 117,540 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 03/05/2024 to 05/01/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Healthcare InformationIndustry RS rank: 49 out of 60Stock RS rank: 428 out of 6205/2/24 close: $201.431 Month avg volatility: $4.00. Volatility stop (for upward breakout): $190.56 or 5.4% below the close.Change YTD: 4.63%Volume: 629,200 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: Diamond bottom reversal pattern from 04/18/2024 to 05/02/2024Breakout is upward 69% of the time.Average rise: 36%.Break-even failure rate: 4%.Throwbacks occur 53% of the time.Price hits measure rule target 81% of the time.
Industry: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 1 out of 60Stock RS rank: 603 out of 6205/2/24 close: $23.561 Month avg volatility: $1.61. Volatility stop (for downward breakout): $27.29 or 15.8% above the close.Change YTD: -45.85%Volume: 18,360,000 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: Dead-cat bounce continuation pattern from 05/02/2024 to 05/02/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 19 out of 60Stock RS rank: 34 out of 6205/2/24 close: $312.711 Month avg volatility: $8.84. Volatility stop (for upward breakout): $285.54 or 8.7% below the close.Change YTD: 14.41%Volume: 507,700 shares. 3 month avg: 395,197 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 04/15/2024 to 04/22/2024Breakout 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: Medical SuppliesIndustry RS rank: 37 out of 60Stock RS rank: 246 out of 6205/2/24 close: $55.161 Month avg volatility: $0.78. Volatility stop (for downward breakout): $57.03 or 3.4% above the close.Change YTD: 2.20%Volume: 1,055,300 shares. 3 month avg: 82,220 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: Triangle, descending reversal pattern from 03/01/2024 to 04/11/2024Breakout is downward 64% of the time.Average decline: 16%.Break-even failure rate: 16%.Pullbacks occur 54% of the time.Price hits measure rule target 54% of the time.
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