As of 10/21/2024
  Indus: 42,932 -344.31 -0.8%  
  Trans: 16,190 -193.01 -1.2%  
  Utils: 1,061 -6.15 -0.6%  
  Nasdaq: 18,540 +50.49 +0.3%  
  S&P 500: 5,854 -10.69 -0.2%  
YTD
 +13.9%  
 +1.8%  
 +20.3%  
 +23.5%  
 +22.7%  
  Targets    Overview: 10/11/2024  
  Up arrow43,500 or 41,600 by 11/01/2024
  Up arrow16,800 or 15,700 by 11/01/2024
  Up arrow1,075 or 1,000 by 11/01/2024
  Up arrow19,000 or 17,600 by 11/01/2024
  Up arrow5,900 or 5,675 by 11/01/2024
As of 10/21/2024
  Indus: 42,932 -344.31 -0.8%  
  Trans: 16,190 -193.01 -1.2%  
  Utils: 1,061 -6.15 -0.6%  
  Nasdaq: 18,540 +50.49 +0.3%  
  S&P 500: 5,854 -10.69 -0.2%  
YTD
 +13.9%  
 +1.8%  
 +20.3%  
 +23.5%  
 +22.7%  
  Targets    Overview: 10/11/2024  
  Up arrow43,500 or 41,600 by 11/01/2024
  Up arrow16,800 or 15,700 by 11/01/2024
  Up arrow1,075 or 1,000 by 11/01/2024
  Up arrow19,000 or 17,600 by 11/01/2024
  Up arrow5,900 or 5,675 by 11/01/2024

Patterns for the Weekend Details

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.

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.
 
3D Systems (DDD)
Industry: Electronics
Industry RS rank: 29 out of 60
Stock RS rank: 567 out of 618
5/9/24 close: $3.84
1 Month avg volatility: $0.18. Volatility stop (for upward breakout): $3.27 or 14.8% below the close.
Change YTD: -39.53%
Volume: 1,228,800 shares. 3 month avg: 3,031,971 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: Big W reversal pattern from 04/18/2024 to 05/01/2024
WARNING: A dead-cat bounce occurred on 02/28/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 05/29/2024 and a 38% chance by 08/28/2024.
Breakout is upward 71% of the time.
Average rise: 31%.
Break-even failure rate: 11%.
Throwbacks occur 32% of the time.
Price hits measure rule target 42% of the time.

Top

Acuity Brands, Inc (AYI)
Industry: Furn/Home Furnishings
Industry RS rank: 9 out of 60
Stock RS rank: 28 out of 618
5/9/24 close: $266.15
1 Month avg volatility: $5.09. Volatility stop (for upward breakout): $249.84 or 6.1% below the close.
Change YTD: 29.94%
Volume: 155,100 shares. 3 month avg: 670,414 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 04/19/2024 to 05/02/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

Adobe Systems (ADBE)
Industry: Computer Software and Svcs
Industry RS rank: 51 out of 60
Stock RS rank: 591 out of 618
5/9/24 close: $482.65
1 Month avg volatility: $9.74. Volatility stop (for upward breakout): $462.18 or 4.2% below the close.
Change YTD: -19.10%
Volume: 2,293,600 shares. 3 month avg: 3,137,863 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple bottom reversal pattern from 04/22/2024 to 05/01/2024
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.

Top

Advanced Energy (AEIS)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 2 out of 60
Stock RS rank: 285 out of 618
5/9/24 close: $101.90
1 Month avg volatility: $3.01. Volatility stop (for upward breakout): $94.83 or 6.9% below the close.
Change YTD: -6.45%
Volume: 160,900 shares. 3 month avg: 447,252 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 04/19/2024 to 05/02/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

Albemarle Corp. (ALB)
Industry: Chemical (Diversified)
Industry RS rank: 49 out of 60
Stock RS rank: 379 out of 618
5/9/24 close: $133.55
1 Month avg volatility: $5.01. Volatility stop (for upward breakout): $119.48 or 10.5% below the close.
Change YTD: -7.57%
Volume: 1,938,900 shares. 3 month avg: 1,363,352 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Alkermes (ALKS)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 32 out of 60
Stock RS rank: 526 out of 618
5/9/24 close: $24.26
1 Month avg volatility: $0.66. Volatility stop (for upward breakout): $22.75 or 6.2% below the close.
Change YTD: -12.55%
Volume: 1,013,500 shares. 3 month avg: 949,792 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: Diamond bottom reversal pattern from 04/17/2024 to 05/09/2024
Breakout 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.

Top

Assured Guaranty Ltd. (AGO)
Industry: Insurance (Life)
Industry RS rank: 37 out of 60
Stock RS rank: 226 out of 618
5/9/24 close: $80.02
1 Month avg volatility: $1.59. Volatility stop (for upward breakout): $76.32 or 4.6% below the close.
Change YTD: 6.94%
Volume: 588,600 shares. 3 month avg: 1,068,715 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 04/18/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

Top

Balchem Corp (BCPC)
Industry: Chemical (Specialty)
Industry RS rank: 26 out of 60
Stock RS rank: 141 out of 618
5/9/24 close: $155.02
1 Month avg volatility: $2.86. Volatility stop (for upward breakout): $146.59 or 5.4% below the close.
Change YTD: 4.22%
Volume: 78,600 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: Pipe bottom reversal pattern from 04/22/2024 to 04/29/2024
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.

Top

Builders FirstSource, Inc (BLDR)
Industry: Retail Building Supply
Industry RS rank: 11 out of 60
Stock RS rank: 104 out of 618
5/9/24 close: $169.26
1 Month avg volatility: $7.08. Volatility stop (for downward breakout): $184.91 or 9.3% above the close.
Change YTD: 1.39%
Volume: 3,659,800 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: Dead-cat bounce continuation pattern from 05/07/2024 to 05/07/2024
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Cabot Corp. (CBT)
Industry: Chemical (Diversified)
Industry RS rank: 49 out of 60
Stock RS rank: 67 out of 618
5/9/24 close: $101.83
1 Month avg volatility: $1.95. Volatility stop (for upward breakout): $96.63 or 5.1% below the close.
Change YTD: 21.95%
Volume: 264,800 shares. 3 month avg: 325,852 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 04/19/2024 to 04/30/2024
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.

Top

Centene Corp (CNC)
Industry: Medical Services
Industry RS rank: 57 out of 60
Stock RS rank: 402 out of 618
5/9/24 close: $77.65
1 Month avg volatility: $1.73. Volatility stop (for upward breakout): $72.30 or 6.9% below the close.
Change YTD: 4.64%
Volume: 3,081,300 shares. 3 month avg: 1,816,006 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 04/12/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

Ciena Corp (CIEN)
Industry: Telecom. Equipment
Industry RS rank: 20 out of 60
Stock RS rank: 355 out of 618
5/9/24 close: $48.92
1 Month avg volatility: $0.97. Volatility stop (for upward breakout): $46.39 or 5.2% below the close.
Change YTD: 8.69%
Volume: 1,431,500 shares. 3 month avg: 3,226,991 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Cognex (CGNX)
Industry: Precision Instrument
Industry RS rank: 12 out of 60
Stock RS rank: 179 out of 618
5/9/24 close: $46.50
1 Month avg volatility: $1.05. Volatility stop (for upward breakout): $43.56 or 6.3% below the close.
Change YTD: 11.40%
Volume: 792,900 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: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Coty (COTY)
Industry: Toiletries/Cosmetics
Industry RS rank: 58 out of 60
Stock RS rank: 386 out of 618
5/9/24 close: $11.18
1 Month avg volatility: $0.35. Volatility stop (for downward breakout): $11.99 or 7.3% above the close.
Change YTD: -9.98%
Volume: 3,743,700 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: Double Top, Adam and Adam reversal pattern from 04/23/2024 to 05/06/2024
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.

Top

Deckers Outdoor Corp (DECK)
Industry: Shoe
Industry RS rank: 8 out of 60
Stock RS rank: 82 out of 618
5/9/24 close: $874.55
1 Month avg volatility: $20.25. Volatility stop (for upward breakout): $813.69 or 7.0% below the close.
Change YTD: 30.84%
Volume: 255,200 shares. 3 month avg: 637,325 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Triple bottom reversal pattern from 04/10/2024 to 04/25/2024
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

Top

Eagle Materials Inc. (EXP)
Industry: Cement and Aggregates
Industry RS rank: 6 out of 60
Stock RS rank: 25 out of 618
5/9/24 close: $267.28
1 Month avg volatility: $6.21. Volatility stop (for upward breakout): $254.38 or 4.8% below the close.
Change YTD: 31.77%
Volume: 208,000 shares. 3 month avg: 553,088 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Emcore Group Inc (EME)
Industry: Industrial Services
Industry RS rank: 16 out of 60
Stock RS rank: 9 out of 618
5/9/24 close: $382.28
1 Month avg volatility: $8.60. Volatility stop (for upward breakout): $361.45 or 5.5% below the close.
Change YTD: 77.45%
Volume: 286,100 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 04/22/2024
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.

Top

EPAM Systems Inc (EPAM)
Industry: IT Services
Industry RS rank: 35 out of 60
Stock RS rank: 601 out of 618
5/9/24 close: $181.93
1 Month avg volatility: $6.29. Volatility stop (for downward breakout): $209.74 or 15.3% above the close.
Change YTD: -38.81%
Volume: 4,982,300 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: Dead-cat bounce continuation pattern from 05/09/2024 to 05/09/2024
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Everest Group Ltd (EG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 33 out of 60
Stock RS rank: 513 out of 618
5/9/24 close: $380.53
1 Month avg volatility: $7.18. Volatility stop (for upward breakout): $365.10 or 4.1% below the close.
Change YTD: 7.62%
Volume: 140,400 shares. 3 month avg: 566,686 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 04/30/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

FormFactor Inc. (FORM)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 2 out of 60
Stock RS rank: 27 out of 618
5/9/24 close: $56.65
1 Month avg volatility: $1.79. Volatility stop (for upward breakout): $52.05 or 8.1% below the close.
Change YTD: 35.82%
Volume: 538,300 shares. 3 month avg: 748,688 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Forward Air Corp (FWRD)
Industry: Trucking/Transp. Leasing
Industry RS rank: 56 out of 60
Stock RS rank: 616 out of 618
5/9/24 close: $16.76
1 Month avg volatility: $1.35. Volatility stop (for downward breakout): $20.71 or 23.6% above the close.
Change YTD: -73.34%
Volume: 5,069,100 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: Dead-cat bounce continuation pattern from 05/09/2024 to 05/09/2024
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Gap Inc. (GPS)
Industry: Apparel
Industry RS rank: 3 out of 60
Stock RS rank: 17 out of 618
5/9/24 close: $23.09
1 Month avg volatility: $0.85. Volatility stop (for upward breakout): $20.56 or 11.0% below the close.
Change YTD: 10.43%
Volume: 4,930,700 shares. 3 month avg: 5,662,882 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 04/25/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

Heidrick Struggles Intl Inc (HSII)
Industry: Human Resources
Industry RS rank: 54 out of 60
Stock RS rank: 186 out of 618
5/9/24 close: $32.34
1 Month avg volatility: $0.90. Volatility stop (for upward breakout): $29.52 or 8.7% below the close.
Change YTD: 9.52%
Volume: 219,300 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 04/19/2024 to 05/08/2024
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.

Top

HNI (HON Industries) (HNI)
Industry: Furn/Home Furnishings
Industry RS rank: 9 out of 60
Stock RS rank: 233 out of 618
5/9/24 close: $45.92
1 Month avg volatility: $0.91. Volatility stop (for upward breakout): $43.34 or 5.6% below the close.
Change YTD: 9.78%
Volume: 285,000 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 Bottom, Eve and Eve reversal pattern from 04/16/2024 to 04/29/2024
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

Top

Home Depot, Inc (HD)
Industry: Retail Building Supply
Industry RS rank: 11 out of 60
Stock RS rank: 287 out of 618
5/9/24 close: $347.44
1 Month avg volatility: $5.40. Volatility stop (for upward breakout): $328.08 or 5.6% below the close.
Change YTD: 0.26%
Volume: 3,430,700 shares. 3 month avg: 4,416,295 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 bottom reversal pattern from 04/18/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Top

Honeywell International Inc (HON)
Industry: Aerospace/Defense
Industry RS rank: 25 out of 60
Stock RS rank: 429 out of 618
5/9/24 close: $200.63
1 Month avg volatility: $3.23. Volatility stop (for upward breakout): $191.41 or 4.6% below the close.
Change YTD: -4.33%
Volume: 2,672,900 shares. 3 month avg: 2,744,942 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 Bottom, Eve and Adam reversal pattern from 04/17/2024 to 04/26/2024
Breakout 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.

Top

Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 4 out of 60
Stock RS rank: 4 out of 618
5/9/24 close: $167.89
1 Month avg volatility: $6.70. Volatility stop (for upward breakout): $144.15 or 14.1% below the close.
Change YTD: 7.88%
Volume: 92,100 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: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

IDEXX Laboratories, Inc (IDXX)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 32 out of 60
Stock RS rank: 294 out of 618
5/9/24 close: $500.82
1 Month avg volatility: $12.07. Volatility stop (for upward breakout): $464.13 or 7.3% below the close.
Change YTD: -9.77%
Volume: 544,000 shares. 3 month avg: 512,494 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Diamond bottom reversal pattern from 04/19/2024 to 05/08/2024
Breakout 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.

Top

Installed Building Products Inc (IBP)
Industry: Retail Building Supply
Industry RS rank: 11 out of 60
Stock RS rank: 5 out of 618
5/9/24 close: $236.78
1 Month avg volatility: $9.49. Volatility stop (for upward breakout): $211.62 or 10.6% below the close.
Change YTD: 29.52%
Volume: 388,700 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: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Insteel Industries Inc (IIIN)
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: 339 out of 618
5/9/24 close: $33.80
1 Month avg volatility: $0.98. Volatility stop (for upward breakout): $31.25 or 7.6% below the close.
Change YTD: -11.73%
Volume: 100,700 shares. 3 month avg: 163,711 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: Diamond bottom reversal pattern from 04/16/2024 to 05/09/2024
Breakout 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.

Top

Kennametal (KMT)
Industry: Metal Fabricating
Industry RS rank: 23 out of 60
Stock RS rank: 306 out of 618
5/9/24 close: $26.03
1 Month avg volatility: $0.54. Volatility stop (for upward breakout): $24.43 or 6.1% below the close.
Change YTD: 0.93%
Volume: 1,175,900 shares. 3 month avg: 854,403 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 03/19/2024 to 05/01/2024
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.

Top

Keysight Technologies Inc (KEYS)
Industry: Precision Instrument
Industry RS rank: 12 out of 60
Stock RS rank: 229 out of 618
5/9/24 close: $151.01
1 Month avg volatility: $2.91. Volatility stop (for upward breakout): $144.19 or 4.5% below the close.
Change YTD: -5.08%
Volume: 651,700 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 04/22/2024 to 05/02/2024
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.

Top

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: 85 out of 618
5/9/24 close: $710.67
1 Month avg volatility: $19.15. Volatility stop (for upward breakout): $670.73 or 5.6% below the close.
Change YTD: 22.26%
Volume: 736,800 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: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

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: 426 out of 618
5/9/24 close: $47.95
1 Month avg volatility: $1.22. Volatility stop (for upward breakout): $45.36 or 5.4% below the close.
Change YTD: -12.37%
Volume: 374,600 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: Double Bottom, Adam and Adam reversal pattern from 04/19/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

La-Z-Boy Inc (LZB)
Industry: Furn/Home Furnishings
Industry RS rank: 9 out of 60
Stock RS rank: 280 out of 618
5/9/24 close: $35.48
1 Month avg volatility: $0.73. Volatility stop (for upward breakout): $32.95 or 7.1% below the close.
Change YTD: -3.90%
Volume: 286,600 shares. 3 month avg: 415,332 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 04/16/2024 to 05/01/2024
Breakout 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.

Top

Lowes Companies, Inc (LOW)
Industry: Retail Building Supply
Industry RS rank: 11 out of 60
Stock RS rank: 228 out of 618
5/9/24 close: $236.13
1 Month avg volatility: $4.19. Volatility stop (for upward breakout): $223.70 or 5.3% below the close.
Change YTD: 6.10%
Volume: 1,615,600 shares. 3 month avg: 6,401,252 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 04/25/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

Masco Corp. (MAS)
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: 175 out of 618
5/9/24 close: $72.04
1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $67.82 or 5.9% below the close.
Change YTD: 7.55%
Volume: 1,245,400 shares. 3 month avg: 2,351,771 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, Adam and Eve reversal pattern from 04/25/2024 to 05/01/2024
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.

Top

Medtronic Inc (MDT)
Industry: Medical Supplies
Industry RS rank: 47 out of 60
Stock RS rank: 322 out of 618
5/9/24 close: $82.76
1 Month avg volatility: $1.20. Volatility stop (for upward breakout): $79.18 or 4.3% below the close.
Change YTD: 0.46%
Volume: 5,545,100 shares. 3 month avg: 5,761,640 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 04/18/2024 to 04/25/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

Morgan Stanley (MS)
Industry: Securities Brokerage
Industry RS rank: 22 out of 60
Stock RS rank: 159 out of 618
5/9/24 close: $98.11
1 Month avg volatility: $1.92. Volatility stop (for upward breakout): $91.76 or 6.5% below the close.
Change YTD: 5.21%
Volume: 6,733,800 shares. 3 month avg: 7,185,892 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 04/08/2024 to 04/15/2024
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.

Top

Netflix, Inc (NFLX)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 21 out of 60
Stock RS rank: 78 out of 618
5/9/24 close: $612.09
1 Month avg volatility: $15.86. Volatility stop (for upward breakout): $574.03 or 6.2% below the close.
Change YTD: 25.72%
Volume: 2,055,000 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: Triple bottom reversal pattern from 04/22/2024 to 05/01/2024
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.

Top

Old Republic International Corp (ORI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 33 out of 60
Stock RS rank: 373 out of 618
5/9/24 close: $31.19
1 Month avg volatility: $0.55. Volatility stop (for upward breakout): $29.92 or 4.1% below the close.
Change YTD: 6.09%
Volume: 1,367,200 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: Double Bottom, Adam and Adam reversal pattern from 04/17/2024 to 04/25/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

Olin Corp. (OLN)
Industry: Chemical (Basic)
Industry RS rank: 17 out of 60
Stock RS rank: 151 out of 618
5/9/24 close: $55.91
1 Month avg volatility: $1.31. Volatility stop (for upward breakout): $52.59 or 5.9% below the close.
Change YTD: 3.63%
Volume: 965,000 shares. 3 month avg: 1,697,154 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 04/25/2024 to 05/02/2024
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.

Top

Open Text Corp (OTEX)
Industry: E-Commerce
Industry RS rank: 19 out of 60
Stock RS rank: 588 out of 618
5/9/24 close: $30.13
1 Month avg volatility: $0.89. Volatility stop (for downward breakout): $32.95 or 9.4% above the close.
Change YTD: -28.30%
Volume: 950,600 shares. 3 month avg: 520,157 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: Dead-cat bounce continuation pattern from 05/03/2024 to 05/03/2024
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Owens and Minor Inc (OMI)
Industry: Medical Supplies
Industry RS rank: 47 out of 60
Stock RS rank: 521 out of 618
5/9/24 close: $18.38
1 Month avg volatility: $1.09. Volatility stop (for downward breakout): $20.67 or 12.5% above the close.
Change YTD: -4.62%
Volume: 740,000 shares. 3 month avg: 1,209,165 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: Dead-cat bounce continuation pattern from 05/03/2024 to 05/03/2024
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Pulte Homes Inc. (PHM)
Industry: Homebuilding
Industry RS rank: 4 out of 60
Stock RS rank: 62 out of 618
5/9/24 close: $116.99
1 Month avg volatility: $2.97. Volatility stop (for upward breakout): $110.10 or 5.9% below the close.
Change YTD: 13.34%
Volume: 1,276,900 shares. 3 month avg: 4,812,565 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 04/22/2024
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.

Top

Pure Storage, Inc (PSTG)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 15 out of 60
Stock RS rank: 34 out of 618
5/9/24 close: $54.11
1 Month avg volatility: $1.75. Volatility stop (for upward breakout): $49.92 or 7.8% below the close.
Change YTD: 51.74%
Volume: 2,895,100 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: Triple bottom reversal pattern from 04/19/2024 to 05/02/2024
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.

Top

Qualcomm Inc. (QCOM)
Industry: Telecom. Equipment
Industry RS rank: 20 out of 60
Stock RS rank: 39 out of 618
5/9/24 close: $180.54
1 Month avg volatility: $4.15. Volatility stop (for upward breakout): $171.13 or 5.2% below the close.
Change YTD: 24.83%
Volume: 5,508,400 shares. 3 month avg: 12,234,022 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Ralph Lauren Corp. (RL)
Industry: Apparel
Industry RS rank: 3 out of 60
Stock RS rank: 57 out of 618
5/9/24 close: $168.04
1 Month avg volatility: $3.52. Volatility stop (for upward breakout): $157.68 or 6.2% below the close.
Change YTD: 16.53%
Volume: 581,800 shares. 3 month avg: 933,391 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 04/19/2024 to 05/09/2024
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

Top

Rollins Inc (ROL)
Industry: Industrial Services
Industry RS rank: 16 out of 60
Stock RS rank: 212 out of 618
5/9/24 close: $47.01
1 Month avg volatility: $0.81. Volatility stop (for upward breakout): $44.78 or 4.8% below the close.
Change YTD: 7.65%
Volume: 2,000,700 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Ryder System Inc (R)
Industry: Trucking/Transp. Leasing
Industry RS rank: 56 out of 60
Stock RS rank: 187 out of 618
5/9/24 close: $127.40
1 Month avg volatility: $3.06. Volatility stop (for upward breakout): $119.04 or 6.6% below the close.
Change YTD: 10.72%
Volume: 216,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

SEI Investments Co (SEIC)
Industry: IT Services
Industry RS rank: 35 out of 60
Stock RS rank: 218 out of 618
5/9/24 close: $68.60
1 Month avg volatility: $0.97. Volatility stop (for upward breakout): $66.44 or 3.2% below the close.
Change YTD: 7.95%
Volume: 686,000 shares. 3 month avg: 571,423 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: Head-and-shoulders bottom reversal pattern from 04/19/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Top

Semtech Corp (SMTC)
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: 1 out of 618
5/9/24 close: $39.00
1 Month avg volatility: $1.80. Volatility stop (for upward breakout): $34.78 or 10.8% below the close.
Change YTD: 78.00%
Volume: 1,741,000 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: Flag, high and tight continuation pattern from 03/20/2024 to 05/09/2024
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.

Top

Sherwin-Williams Co (SHW)
Industry: Chemical (Basic)
Industry RS rank: 17 out of 60
Stock RS rank: 201 out of 618
5/9/24 close: $320.45
1 Month avg volatility: $5.57. Volatility stop (for upward breakout): $306.22 or 4.4% below the close.
Change YTD: 2.74%
Volume: 946,800 shares. 3 month avg: 564,294 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 04/23/2024 to 05/01/2024
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.

Top

Shopify Inc Cl A (SHOP)
Industry: E-Commerce
Industry RS rank: 19 out of 60
Stock RS rank: 519 out of 618
5/9/24 close: $62.45
1 Month avg volatility: $2.44. Volatility stop (for downward breakout): $68.68 or 10.0% above the close.
Change YTD: -19.83%
Volume: 19,251,500 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: Dead-cat bounce continuation pattern from 05/08/2024 to 05/08/2024
Breakout is downward 67% of the time.
Average decline: 18%.

Top

Synopsys Inc (SNPS)
Industry: Computer Software and Svcs
Industry RS rank: 51 out of 60
Stock RS rank: 430 out of 618
5/9/24 close: $549.88
1 Month avg volatility: $12.86. Volatility stop (for upward breakout): $520.70 or 5.3% below the close.
Change YTD: 6.79%
Volume: 410,000 shares. 3 month avg: 998,728 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 Bottom, Eve and Adam reversal pattern from 04/19/2024 to 05/02/2024
Breakout 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.

Top

Teradyne Inc. (TER)
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 618
5/9/24 close: $122.61
1 Month avg volatility: $3.41. Volatility stop (for upward breakout): $113.44 or 7.5% below the close.
Change YTD: 12.98%
Volume: 1,842,200 shares. 3 month avg: 2,362,042 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 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

The Trade Desk (TTD)
Industry: Advertising
Industry RS rank: 24 out of 60
Stock RS rank: 374 out of 618
5/9/24 close: $88.67
1 Month avg volatility: $2.91. Volatility stop (for upward breakout): $79.97 or 9.8% below the close.
Change YTD: 23.22%
Volume: 8,740,900 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 04/15/2024 to 04/22/2024
WARNING: A dead-cat bounce occurred on 11/10/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/10/2024.
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Toll Brothers (TOL)
Industry: Homebuilding
Industry RS rank: 4 out of 60
Stock RS rank: 26 out of 618
5/9/24 close: $126.48
1 Month avg volatility: $3.33. Volatility stop (for upward breakout): $117.08 or 7.4% below the close.
Change YTD: 23.05%
Volume: 1,535,500 shares. 3 month avg: 2,237,614 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 04/22/2024
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.

Top

Twilio Inc Cl A (TWLO)
Industry: E-Commerce
Industry RS rank: 19 out of 60
Stock RS rank: 454 out of 618
5/9/24 close: $59.50
1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $55.83 or 6.2% below the close.
Change YTD: -21.58%
Volume: 3,822,300 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 04/22/2024
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.

Top

Veeco Instruments Inc (VECO)
Industry: Precision Instrument
Industry RS rank: 12 out of 60
Stock RS rank: 58 out of 618
5/9/24 close: $38.07
1 Month avg volatility: $1.36. Volatility stop (for upward breakout): $34.96 or 8.2% below the close.
Change YTD: 22.69%
Volume: 613,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

Top

Vertex Pharmaceuticals (VRTX)
Industry: Biotechnology
Industry RS rank: 46 out of 60
Stock RS rank: 389 out of 618
5/9/24 close: $418.99
1 Month avg volatility: $7.73. Volatility stop (for upward breakout): $400.56 or 4.4% below the close.
Change YTD: 2.97%
Volume: 676,000 shares. 3 month avg: 1,548,174 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 04/18/2024 to 05/07/2024
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.

Top

Visteon Corp (VC)
Industry: Electronics
Industry RS rank: 29 out of 60
Stock RS rank: 512 out of 618
5/9/24 close: $115.47
1 Month avg volatility: $2.92. Volatility stop (for upward breakout): $109.25 or 5.4% below the close.
Change YTD: -7.55%
Volume: 128,300 shares. 3 month avg: 255,915 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 Bottom, Adam and Adam reversal pattern from 04/18/2024 to 04/25/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

Wal-Mart Stores Inc. (WMT)
Industry: Retail Store
Industry RS rank: 10 out of 60
Stock RS rank: 404 out of 618
5/9/24 close: $60.44
1 Month avg volatility: $0.87. Volatility stop (for upward breakout): $58.22 or 3.7% below the close.
Change YTD: 15.01%
Volume: 13,453,500 shares. 3 month avg: 6,204,140 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 04/23/2024 to 05/02/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

WillScot Mobile Mini Holdings Corp (WSC)
Industry: Industrial Services
Industry RS rank: 16 out of 60
Stock RS rank: 344 out of 618
5/9/24 close: $40.57
1 Month avg volatility: $1.12. Volatility stop (for upward breakout): $37.26 or 8.2% below the close.
Change YTD: -8.83%
Volume: 2,386,600 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 Bottom, Adam and Eve reversal pattern from 04/22/2024 to 05/01/2024
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.

Top

iShares Expanded Tech-software Sector (IGV)
Industry: Computer Software and Svcs
Industry RS rank: 51 out of 60
Stock RS rank: 358 out of 618
5/9/24 close: $81.16
1 Month avg volatility: $1.26. Volatility stop (for upward breakout): $78.33 or 3.5% below the close.
Change YTD: 0.04%
Volume: 2,467,200 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, Adam and Adam reversal pattern from 04/19/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

iShares US Home construction ETF (ITB)
Industry: Homebuilding
Industry RS rank: 4 out of 60
Stock RS rank: 118 out of 618
5/9/24 close: $108.37
1 Month avg volatility: $2.18. Volatility stop (for upward breakout): $102.34 or 5.6% below the close.
Change YTD: 6.53%
Volume: 1,312,200 shares. 3 month avg: 2,388,375 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: Diamond bottom reversal pattern from 04/16/2024 to 05/02/2024
Breakout 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.

Top

 

Support this site! Clicking any of the books (below) takes you to Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."

My Stock Market Books
My Novels

Copyright © 2005-2024 by Thomas N. Bulkowski. All rights reserved.
Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.
Some pattern names are registered trademarks of their respective owners.
Home Advertise Contact Privacy/Disclaimer