As of 11/20/2024
  Indus: 43,408 +139.53 +0.3%  
  Trans: 17,002 -26.31 -0.2%  
  Utils: 1,055 +1.25 +0.1%  
  Nasdaq: 18,966 -21.33 -0.1%  
  S&P 500: 5,917 +0.13 +0.0%  
YTD
 +15.2%  
 +6.9%  
 +19.7%  
 +26.3%  
 +24.1%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,075 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 or 5,800 by 12/01/2024
As of 11/20/2024
  Indus: 43,408 +139.53 +0.3%  
  Trans: 17,002 -26.31 -0.2%  
  Utils: 1,055 +1.25 +0.1%  
  Nasdaq: 18,966 -21.33 -0.1%  
  S&P 500: 5,917 +0.13 +0.0%  
YTD
 +15.2%  
 +6.9%  
 +19.7%  
 +26.3%  
 +24.1%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,075 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 or 5,800 by 12/01/2024

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.
 
Advanced Micro Devices, Inc (AMD)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 65 out of 618
5/16/24 close: $162.62
1 Month avg volatility: $5.52. Volatility stop (for upward breakout): $148.86 or 8.5% below the close.
Change YTD: 10.32%
Volume: 75,747,200 shares. 3 month avg: 61,894,658 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 bottom reversal pattern from 04/19/2024 to 05/14/2024
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

Top

AFLAC Inc (AFL)
Industry: Insurance (Diversified)
Industry RS rank: 56 out of 60
Stock RS rank: 400 out of 618
5/16/24 close: $87.14
1 Month avg volatility: $1.45. Volatility stop (for upward breakout): $84.20 or 3.4% below the close.
Change YTD: 5.62%
Volume: 1,643,600 shares. 3 month avg: 2,970,194 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 04/08/2024 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

Agilent Technologies Inc (A)
Industry: Precision Instrument
Industry RS rank: 8 out of 60
Stock RS rank: 75 out of 618
5/16/24 close: $154.31
1 Month avg volatility: $3.34. Volatility stop (for upward breakout): $145.89 or 5.5% below the close.
Change YTD: 10.99%
Volume: 1,324,900 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: 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

Alcoa (AA)
Industry: Aerospace/Defense
Industry RS rank: 32 out of 60
Stock RS rank: 33 out of 618
5/16/24 close: $40.15
1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $36.94 or 8.0% below the close.
Change YTD: 18.09%
Volume: 3,730,600 shares. 3 month avg: 8,355,648 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 04/18/2024 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

Bio-Rad Laboratories (BIO)
Industry: Medical Supplies
Industry RS rank: 48 out of 60
Stock RS rank: 524 out of 618
5/16/24 close: $295.73
1 Month avg volatility: $7.87. Volatility stop (for upward breakout): $279.43 or 5.5% below the close.
Change YTD: -8.41%
Volume: 224,200 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: Triple bottom reversal pattern from 04/18/2024 to 05/09/2024
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

CF Industries Holdings, Inc. (CF)
Industry: Chemical (Basic)
Industry RS rank: 26 out of 60
Stock RS rank: 526 out of 618
5/16/24 close: $77.32
1 Month avg volatility: $1.60. Volatility stop (for upward breakout): $71.26 or 7.8% below the close.
Change YTD: -2.74%
Volume: 2,657,200 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 Bottom, Adam and Adam reversal pattern from 05/02/2024 to 05/08/2024
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

Comtech Telecommunications Corp (CMTL)
Industry: Telecom. Equipment
Industry RS rank: 17 out of 60
Stock RS rank: 618 out of 618
5/16/24 close: $2.01
1 Month avg volatility: $0.17. Volatility stop (for upward breakout): $1.44 or 28.2% below the close.
Change YTD: -76.16%
Volume: 396,600 shares. 3 month avg: 255,535 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 04/23/2024 to 05/09/2024
WARNING: A dead-cat bounce occurred on 03/13/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 06/12/2024 and a 38% chance by 09/11/2024.
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

Top

Costco Wholesale Corp (COST)
Industry: Retail Store
Industry RS rank: 10 out of 60
Stock RS rank: 94 out of 618
5/16/24 close: $793.07
1 Month avg volatility: $12.39. Volatility stop (for upward breakout): $763.05 or 3.8% below the close.
Change YTD: 20.15%
Volume: 1,989,800 shares. 3 month avg: 3,225,345 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 04/03/2024 to 04/19/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

CROCS Inc (CROX)
Industry: Shoe
Industry RS rank: 3 out of 60
Stock RS rank: 17 out of 618
5/16/24 close: $142.01
1 Month avg volatility: $4.27. Volatility stop (for upward breakout): $132.19 or 6.9% below the close.
Change YTD: 52.03%
Volume: 1,083,900 shares. 3 month avg: 1,230,068 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: Three Rising Valleys reversal pattern from 04/17/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

Top

Danaher Corp (DHR)
Industry: Medical Services
Industry RS rank: 54 out of 60
Stock RS rank: 135 out of 618
5/16/24 close: $264.84
1 Month avg volatility: $4.26. Volatility stop (for upward breakout): $253.02 or 4.5% below the close.
Change YTD: 14.48%
Volume: 3,437,200 shares. 3 month avg: 2,378,355 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 04/18/2024 to 05/02/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Five9 Inc (FIVN)
Industry: Computer Software and Svcs
Industry RS rank: 50 out of 60
Stock RS rank: 595 out of 618
5/16/24 close: $53.87
1 Month avg volatility: $1.73. Volatility stop (for downward breakout): $57.63 or 7.0% above the close.
Change YTD: -31.54%
Volume: 776,000 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 04/24/2024 to 05/03/2024
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

Top

Flextronics International Ltd (FLEX)
Industry: Electronics
Industry RS rank: 36 out of 60
Stock RS rank: 393 out of 618
5/16/24 close: $29.16
1 Month avg volatility: $0.87. Volatility stop (for downward breakout): $31.37 or 7.6% above the close.
Change YTD: -4.27%
Volume: 1,820,100 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: Roof, inverted reversal pattern from 04/04/2024 to 05/15/2024
WARNING: 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 50% of the time.
Average decline: 17%.
Break-even failure rate: 10%.
Pullbacks occur 56% of the time.
Price hits measure rule target 73% of the time.

Top

General Dynamics Corp (GD)
Industry: Aerospace/Defense
Industry RS rank: 32 out of 60
Stock RS rank: 205 out of 618
5/16/24 close: $295.75
1 Month avg volatility: $3.91. Volatility stop (for upward breakout): $286.81 or 3.0% below the close.
Change YTD: 13.89%
Volume: 611,500 shares. 3 month avg: 1,076,035 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 04/15/2024 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

Hawaiian Electric Industries, Inc. (HE)
Industry: Electric Utility (West)
Industry RS rank: 51 out of 60
Stock RS rank: 547 out of 618
5/16/24 close: $11.80
1 Month avg volatility: $0.50. Volatility stop (for upward breakout): $10.25 or 13.1% below the close.
Change YTD: -16.84%
Volume: 2,405,000 shares. 3 month avg: 463,472 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: Ugly double bottom reversal pattern from 04/16/2024 to 04/26/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Henry Schein Inc. (HSIC)
Industry: Medical Supplies
Industry RS rank: 48 out of 60
Stock RS rank: 374 out of 618
5/16/24 close: $74.33
1 Month avg volatility: $1.56. Volatility stop (for upward breakout): $71.21 or 4.2% below the close.
Change YTD: -1.82%
Volume: 691,700 shares. 3 month avg: 2,211,905 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: Pipe bottom reversal pattern from 04/29/2024 to 05/06/2024
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

Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 5 out of 60
Stock RS rank: 8 out of 618
5/16/24 close: $173.53
1 Month avg volatility: $6.62. Volatility stop (for upward breakout): $160.20 or 7.7% below the close.
Change YTD: 11.51%
Volume: 62,100 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: Double Bottom, Adam and Eve reversal pattern from 03/18/2024 to 04/19/2024
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

Hub Group Inc. (HUBG)
Industry: Trucking/Transp. Leasing
Industry RS rank: 58 out of 60
Stock RS rank: 314 out of 618
5/16/24 close: $43.28
1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $40.79 or 5.7% below the close.
Change YTD: -5.85%
Volume: 465,500 shares. 3 month avg: 343,494 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 04/18/2024 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

Humana (HUM)
Industry: Medical Services
Industry RS rank: 54 out of 60
Stock RS rank: 607 out of 618
5/16/24 close: $355.19
1 Month avg volatility: $8.17. Volatility stop (for upward breakout): $331.77 or 6.6% below the close.
Change YTD: -22.42%
Volume: 2,152,900 shares. 3 month avg: 1,089,406 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 04/02/2024 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

Incyte Corp. (INCY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 22 out of 60
Stock RS rank: 458 out of 618
5/16/24 close: $56.86
1 Month avg volatility: $1.24. Volatility stop (for upward breakout): $53.89 or 5.2% below the close.
Change YTD: -9.44%
Volume: 3,028,400 shares. 3 month avg: 1,771,434 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 04/22/2024 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

Intel Corporation (INTC)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 591 out of 618
5/16/24 close: $32.03
1 Month avg volatility: $0.73. Volatility stop (for upward breakout): $30.06 or 6.2% below the close.
Change YTD: -36.26%
Volume: 47,332,500 shares. 3 month avg: 27,019,903 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 05/01/2024 to 05/08/2024
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

Inter Parfums Inc. (IPAR)
Industry: Toiletries/Cosmetics
Industry RS rank: 55 out of 60
Stock RS rank: 519 out of 618
5/16/24 close: $125.32
1 Month avg volatility: $3.61. Volatility stop (for upward breakout): $116.89 or 6.7% below the close.
Change YTD: -12.98%
Volume: 109,000 shares. 3 month avg: 108,312 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 05/01/2024 to 05/08/2024
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

Interpublic Group of Companies (IPG)
Industry: Advertising
Industry RS rank: 13 out of 60
Stock RS rank: 443 out of 618
5/16/24 close: $31.63
1 Month avg volatility: $0.54. Volatility stop (for upward breakout): $30.50 or 3.6% below the close.
Change YTD: -3.09%
Volume: 2,769,900 shares. 3 month avg: 6,516,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Big W reversal pattern from 04/16/2024 to 05/02/2024
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

Intuit Inc (INTU)
Industry: Computer Software and Svcs
Industry RS rank: 50 out of 60
Stock RS rank: 240 out of 618
5/16/24 close: $653.37
1 Month avg volatility: $12.39. Volatility stop (for upward breakout): $627.04 or 4.0% below the close.
Change YTD: 4.53%
Volume: 953,400 shares. 3 month avg: 1,303,997 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 04/19/2024 to 05/14/2024
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

Kohls Corporation (KSS)
Industry: Retail Store
Industry RS rank: 10 out of 60
Stock RS rank: 470 out of 618
5/16/24 close: $25.28
1 Month avg volatility: $1.02. Volatility stop (for upward breakout): $23.15 or 8.4% below the close.
Change YTD: -11.85%
Volume: 4,129,900 shares. 3 month avg: 5,587,366 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 04/18/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Lam Research Corp (LRCX)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 6 out of 60
Stock RS rank: 80 out of 618
5/16/24 close: $942.90
1 Month avg volatility: $24.39. Volatility stop (for upward breakout): $893.73 or 5.2% below the close.
Change YTD: 20.38%
Volume: 812,000 shares. 3 month avg: 2,565,394 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 04/22/2024 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

Manpower Inc. (MAN)
Industry: Human Resources
Industry RS rank: 57 out of 60
Stock RS rank: 466 out of 618
5/16/24 close: $77.19
1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $73.68 or 4.6% below the close.
Change YTD: -2.87%
Volume: 343,400 shares. 3 month avg: 353,946 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: Ugly double bottom reversal pattern from 04/16/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Merck and Co., Inc. (MRK)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 22 out of 60
Stock RS rank: 124 out of 618
5/16/24 close: $130.88
1 Month avg volatility: $1.87. Volatility stop (for upward breakout): $127.06 or 2.9% below the close.
Change YTD: 20.05%
Volume: 5,481,700 shares. 3 month avg: 11,487,503 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 03/27/2024 to 05/16/2024
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

Northrop Grumman Corp (NOC)
Industry: Aerospace/Defense
Industry RS rank: 32 out of 60
Stock RS rank: 482 out of 618
5/16/24 close: $470.69
1 Month avg volatility: $7.68. Volatility stop (for downward breakout): $487.79 or 3.6% above the close.
Change YTD: 0.54%
Volume: 820,600 shares. 3 month avg: 756,831 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 04/25/2024 to 05/01/2024
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

Northwest Pipe Co (NWPX)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 9 out of 60
Stock RS rank: 100 out of 618
5/16/24 close: $36.49
1 Month avg volatility: $0.85. Volatility stop (for upward breakout): $34.30 or 6.0% below the close.
Change YTD: 20.59%
Volume: 46,800 shares. 3 month avg: 31,645 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 Friday.
 
Chart pattern: Pennant continuation pattern from 05/09/2024 to 05/15/2024
Breakout 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.

Top

Nu Skin Enterprises, Inc (NUS)
Industry: Toiletries/Cosmetics
Industry RS rank: 55 out of 60
Stock RS rank: 596 out of 618
5/16/24 close: $13.86
1 Month avg volatility: $0.45. Volatility stop (for upward breakout): $12.64 or 8.8% below the close.
Change YTD: -28.63%
Volume: 581,700 shares. 3 month avg: 417,486 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, Eve and Adam reversal pattern from 04/15/2024 to 04/30/2024
WARNING: A dead-cat bounce occurred on 02/15/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/15/2024.
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

NVidia Corp (NVDA)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 6 out of 618
5/16/24 close: $943.59
1 Month avg volatility: $37.86. Volatility stop (for upward breakout): $865.31 or 8.3% below the close.
Change YTD: 90.54%
Volume: 32,109,400 shares. 3 month avg: 15,363,712 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: 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

Paychex Inc (PAYX)
Industry: IT Services
Industry RS rank: 28 out of 60
Stock RS rank: 423 out of 618
5/16/24 close: $125.19
1 Month avg volatility: $1.93. Volatility stop (for upward breakout): $119.70 or 4.4% below the close.
Change YTD: 5.10%
Volume: 1,455,100 shares. 3 month avg: 1,495,946 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 04/18/2024 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

Rambus Inc (RMBS)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 6 out of 60
Stock RS rank: 569 out of 618
5/16/24 close: $57.94
1 Month avg volatility: $1.95. Volatility stop (for upward breakout): $54.00 or 6.8% below the close.
Change YTD: -15.11%
Volume: 1,113,300 shares. 3 month avg: 669,732 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: Head-and-shoulders bottom reversal pattern from 04/19/2024 to 05/09/2024
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

Robert Half International (RHI)
Industry: Human Resources
Industry RS rank: 57 out of 60
Stock RS rank: 561 out of 618
5/16/24 close: $71.48
1 Month avg volatility: $1.22. Volatility stop (for upward breakout): $68.23 or 4.6% below the close.
Change YTD: -18.70%
Volume: 952,100 shares. 3 month avg: 1,012,069 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 04/17/2024 to 05/08/2024
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

SAIA Inc (SAIA)
Industry: Trucking/Transp. Leasing
Industry RS rank: 58 out of 60
Stock RS rank: 510 out of 618
5/16/24 close: $407.81
1 Month avg volatility: $20.62. Volatility stop (for upward breakout): $362.63 or 11.1% below the close.
Change YTD: -6.94%
Volume: 258,600 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: Triangle, symmetrical continuation pattern from 05/02/2024 to 05/16/2024
WARNING: A dead-cat bounce occurred on 04/26/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 07/26/2024 and a 38% chance by 10/25/2024.
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

Standex International Corp (SXI)
Industry: Diversified Co.
Industry RS rank: 31 out of 60
Stock RS rank: 138 out of 618
5/16/24 close: $173.52
1 Month avg volatility: $4.64. Volatility stop (for upward breakout): $163.72 or 5.7% below the close.
Change YTD: 9.56%
Volume: 72,500 shares. 3 month avg: 37,109 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Broadening bottom reversal pattern from 04/10/2024 to 05/06/2024
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

Top

Summit Materials Inc (SUM)
Industry: Cement and Aggregates
Industry RS rank: 7 out of 60
Stock RS rank: 232 out of 618
5/16/24 close: $40.13
1 Month avg volatility: $1.11. Volatility stop (for upward breakout): $37.89 or 5.6% below the close.
Change YTD: 4.34%
Volume: 1,158,300 shares. 3 month avg: 1,204,178 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: 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

Teleflex Inc (TFX)
Industry: Diversified Co.
Industry RS rank: 31 out of 60
Stock RS rank: 459 out of 618
5/16/24 close: $218.57
1 Month avg volatility: $4.90. Volatility stop (for upward breakout): $202.50 or 7.4% below the close.
Change YTD: -12.34%
Volume: 1,238,800 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 Bottom, Eve and Adam reversal pattern from 05/02/2024 to 05/08/2024
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

The Trade Desk (TTD)
Industry: Advertising
Industry RS rank: 13 out of 60
Stock RS rank: 71 out of 618
5/16/24 close: $93.19
1 Month avg volatility: $3.03. Volatility stop (for upward breakout): $83.94 or 9.9% below the close.
Change YTD: 29.50%
Volume: 10,891,000 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, Eve and Adam reversal pattern from 03/15/2024 to 04/22/2024
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

Thermo Electron Corp (TMO)
Industry: Precision Instrument
Industry RS rank: 8 out of 60
Stock RS rank: 140 out of 618
5/16/24 close: $597.15
1 Month avg volatility: $10.22. Volatility stop (for upward breakout): $572.83 or 4.1% below the close.
Change YTD: 12.50%
Volume: 1,275,800 shares. 3 month avg: 1,572,766 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: Ugly double bottom reversal pattern from 04/18/2024 to 05/07/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Trex Company (TREX)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 9 out of 60
Stock RS rank: 92 out of 618
5/16/24 close: $88.65
1 Month avg volatility: $2.80. Volatility stop (for upward breakout): $82.73 or 6.7% below the close.
Change YTD: 7.08%
Volume: 914,800 shares. 3 month avg: 245,355 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Diamond bottom reversal pattern from 04/18/2024 to 05/16/2024
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

UnitedHealth Group Inc (UNH)
Industry: Medical Services
Industry RS rank: 54 out of 60
Stock RS rank: 517 out of 618
5/16/24 close: $521.27
1 Month avg volatility: $8.63. Volatility stop (for upward breakout): $502.25 or 3.7% below the close.
Change YTD: -0.99%
Volume: 3,636,300 shares. 3 month avg: 2,825,925 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 04/12/2024 to 05/01/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

Top

Vulcan Materials (VMC)
Industry: Cement and Aggregates
Industry RS rank: 7 out of 60
Stock RS rank: 175 out of 618
5/16/24 close: $260.00
1 Month avg volatility: $5.30. Volatility stop (for upward breakout): $248.16 or 4.6% below the close.
Change YTD: 14.53%
Volume: 1,080,100 shares. 3 month avg: 819,125 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 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

Waters Corp (WAT)
Industry: Precision Instrument
Industry RS rank: 8 out of 60
Stock RS rank: 81 out of 618
5/16/24 close: $360.51
1 Month avg volatility: $9.02. Volatility stop (for upward breakout): $337.47 or 6.4% below the close.
Change YTD: 9.50%
Volume: 388,600 shares. 3 month avg: 398,726 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

First Trust DJ Internet ETF (FDN)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 23 out of 60
Stock RS rank: 179 out of 618
5/16/24 close: $205.49
1 Month avg volatility: $2.92. Volatility stop (for upward breakout): $199.60 or 2.9% below the close.
Change YTD: 10.15%
Volume: 396,100 shares. 3 month avg: 212,098 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 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

iShares Semiconductor ETF (SOXX)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 83 out of 618
5/16/24 close: $229.54
1 Month avg volatility: $4.74. Volatility stop (for upward breakout): $219.98 or 4.2% below the close.
Change YTD: 19.53%
Volume: 2,778,900 shares. 3 month avg: 570,480 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: 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

iShares US Medical devices index fund (IHI)
Industry: Medical Supplies
Industry RS rank: 48 out of 60
Stock RS rank: 237 out of 618
5/16/24 close: $56.75
1 Month avg volatility: $0.67. Volatility stop (for downward breakout): $58.23 or 2.6% above the close.
Change YTD: 5.15%
Volume: 520,800 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: Roof, inverted reversal pattern from 04/24/2024 to 05/10/2024
Breakout is downward 50% of the time.
Average decline: 17%.
Break-even failure rate: 10%.
Pullbacks occur 56% of the time.
Price hits measure rule target 73% 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