As of 12/24/2024   Indus: 43,297 +390.08 +0.9%     Trans: 16,063 +127.24 +0.8%     Utils: 993 +4.93 +0.5%     Nasdaq: 20,031 +266.24 +1.3%     S&P 500: 6,040 +65.97 +1.1%	YTD  +14.9%    +1.0%    +12.7%    +33.4%    +26.6%	Targets    Overview: 12/12/2024     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/5/24

As of 12/24/2024   Indus: 43,297 +390.08 +0.9%     Trans: 16,063 +127.24 +0.8%     Utils: 993 +4.93 +0.5%     Nasdaq: 20,031 +266.24 +1.3%     S&P 500: 6,040 +65.97 +1.1%	YTD  +14.9%    +1.0%    +12.7%    +33.4%    +26.6%
Targets    Overview: 12/12/2024     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/5/24

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.

Industry: Chemical (Diversified)

Industry RS rank: 49 out of 60

Stock RS rank: 498 out of 618

5/23/24 close: $263.00

1 Month avg volatility: $4.37. Volatility stop (for upward breakout): $252.66 or 3.9% below the close.

Change YTD: -3.94%

Volume: 1,465,700 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: Pennant continuation pattern from 05/21/2024 to 05/23/2024

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.

Industry: Air Transport

Industry RS rank: 53 out of 60

Stock RS rank: 248 out of 618

5/23/24 close: $42.35

1 Month avg volatility: $0.99. Volatility stop (for upward breakout): $39.95 or 5.7% below the close.

Change YTD: 8.40%

Volume: 1,542,700 shares. 3 month avg: 1,966,126 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 05/01/2024 to 05/22/2024

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.

Industry: Chemical (Diversified)

Industry RS rank: 49 out of 60

Stock RS rank: 490 out of 618

5/23/24 close: $122.95

1 Month avg volatility: $4.92. Volatility stop (for downward breakout): $136.59 or 11.1% above the close.

Change YTD: -14.90%

Volume: 1,748,500 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: Head-and-shoulders top reversal pattern from 05/07/2024 to 05/17/2024

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: Insurance (Prop/Casualty)

Industry RS rank: 35 out of 60

Stock RS rank: 174 out of 618

5/23/24 close: $164.00

1 Month avg volatility: $2.96. Volatility stop (for downward breakout): $171.78 or 4.7% above the close.

Change YTD: 17.16%

Volume: 1,575,500 shares. 3 month avg: 1,838,948 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, Adam and Adam reversal pattern from 04/23/2024 to 05/02/2024

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: Apparel

Industry RS rank: 2 out of 60

Stock RS rank: 64 out of 618

5/23/24 close: $22.93

1 Month avg volatility: $0.74. Volatility stop (for downward breakout): $24.66 or 7.5% above the close.

Change YTD: 8.36%

Volume: 4,068,000 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: Triple top reversal pattern from 04/29/2024 to 05/10/2024

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 10%.

Pullbacks occur 61% of the time.

Price hits measure rule target 40% of the time.

Industry: Insurance (Prop/Casualty)

Industry RS rank: 35 out of 60

Stock RS rank: 242 out of 618

5/23/24 close: $128.57

1 Month avg volatility: $1.96. Volatility stop (for upward breakout): $124.53 or 3.1% below the close.

Change YTD: 8.14%

Volume: 223,700 shares. 3 month avg: 353,085 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, Eve and Adam reversal pattern from 04/17/2024 to 05/03/2024

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.

Industry: Computer Software and Svcs

Industry RS rank: 48 out of 60

Stock RS rank: 394 out of 618

5/23/24 close: $215.16

1 Month avg volatility: $3.66. Volatility stop (for upward breakout): $207.20 or 3.7% below the close.

Change YTD: -11.63%

Volume: 1,735,600 shares. 3 month avg: 2,150,943 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 04/18/2024 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.

Industry: Aerospace/Defense

Industry RS rank: 27 out of 60

Stock RS rank: 590 out of 618

5/23/24 close: $172.21

1 Month avg volatility: $5.75. Volatility stop (for upward breakout): $160.12 or 7.0% below the close.

Change YTD: -33.93%

Volume: 16,690,400 shares. 3 month avg: 3,332,308 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: Ugly double bottom reversal pattern from 04/25/2024 to 05/15/2024

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.

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: 180 out of 618

5/23/24 close: $3,752.68

1 Month avg volatility: $80.04. Volatility stop (for upward breakout): $3,571.71 or 4.8% below the close.

Change YTD: 5.79%

Volume: 218,500 shares. 3 month avg: 441,478 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: Ugly double bottom reversal pattern from 05/02/2024 to 05/17/2024

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.

Industry: Industrial Services

Industry RS rank: 16 out of 60

Stock RS rank: 116 out of 618

5/23/24 close: $99.64

1 Month avg volatility: $2.08. Volatility stop (for upward breakout): $94.49 or 5.2% below the close.

Change YTD: 13.29%

Volume: 198,300 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: Scallop, ascending continuation pattern from 03/28/2024 to 05/08/2024

Breakout 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: Food Processing

Industry RS rank: 50 out of 60

Stock RS rank: 303 out of 618

5/23/24 close: $45.64

1 Month avg volatility: $0.74. Volatility stop (for downward breakout): $47.62 or 4.3% above the close.

Change YTD: 5.57%

Volume: 1,933,000 shares. 3 month avg: 2,769,580 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: Rising wedge reversal pattern from 04/01/2024 to 05/23/2024

Breakout is downward 69% of the time.

Average decline: 14%.

Break-even failure rate: 24%.

Pullbacks occur 63% of the time.

Price hits measure rule target 46% of the time.

Industry: Biotechnology

Industry RS rank: 30 out of 60

Stock RS rank: 329 out of 618

5/23/24 close: $219.82

1 Month avg volatility: $3.00. Volatility stop (for downward breakout): $226.83 or 3.2% above the close.

Change YTD: 7.03%

Volume: 1,539,500 shares. 3 month avg: 798,808 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 03/04/2024 to 04/26/2024

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: Petroleum (Integrated)

Industry RS rank: 38 out of 60

Stock RS rank: 350 out of 618

5/23/24 close: $156.94

1 Month avg volatility: $2.58. Volatility stop (for downward breakout): $163.76 or 4.4% above the close.

Change YTD: 5.22%

Volume: 6,550,200 shares. 3 month avg: 5,172,805 shares.

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

 

Chart pattern: Double Top, Adam and Adam reversal pattern from 04/29/2024 to 05/13/2024

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: Natural Gas (Diversified)

Industry RS rank: 39 out of 60

Stock RS rank: 230 out of 618

5/23/24 close: $24.61

1 Month avg volatility: $0.54. Volatility stop (for upward breakout): $23.35 or 5.1% below the close.

Change YTD: 23.05%

Volume: 2,703,400 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

 

Chart pattern: Head-and-shoulders bottom reversal pattern from 04/25/2024 to 05/10/2024

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.

Industry: Machinery

Industry RS rank: 15 out of 60

Stock RS rank: 115 out of 618

5/23/24 close: $44.51

1 Month avg volatility: $0.74. Volatility stop (for downward breakout): $46.43 or 4.3% above the close.

Change YTD: 14.07%

Volume: 100,200 shares. 3 month avg: 120,960 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Broadening top reversal pattern from 02/15/2024 to 05/20/2024

Breakout is downward 50% of the time.

Average decline: 15%.

Break-even failure rate: 18%.

Pullbacks occur 48% of the time.

Price hits measure rule target 37% of the time.

Industry: Cement and Aggregates

Industry RS rank: 10 out of 60

Stock RS rank: 83 out of 618

5/23/24 close: $235.59

1 Month avg volatility: $6.43. Volatility stop (for downward breakout): $254.16 or 7.9% above the close.

Change YTD: 16.15%

Volume: 333,700 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: Double Top, Eve and Eve reversal pattern from 03/27/2024 to 05/15/2024

Breakout is downward 100% of the time.

Average decline: 18%.

Break-even failure rate: 11%.

Pullbacks occur 59% of the time.

Price hits measure rule target 73% of the time.

Industry: Natural Gas (Diversified)

Industry RS rank: 39 out of 60

Stock RS rank: 478 out of 618

5/23/24 close: $39.91

1 Month avg volatility: $1.16. Volatility stop (for upward breakout): $37.41 or 6.3% below the close.

Change YTD: 3.23%

Volume: 16,483,800 shares. 3 month avg: 3,960,946 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 05/01/2024 to 05/10/2024

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.

Industry: Metals and Mining (Div.)

Industry RS rank: 13 out of 60

Stock RS rank: 449 out of 618

5/23/24 close: $121.23

1 Month avg volatility: $2.58. Volatility stop (for downward breakout): $130.06 or 7.3% above the close.

Change YTD: 9.40%

Volume: 667,800 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Double Top, Adam and Adam reversal pattern from 05/10/2024 to 05/20/2024

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: Apparel

Industry RS rank: 2 out of 60

Stock RS rank: 316 out of 618

5/23/24 close: $20.86

1 Month avg volatility: $0.79. Volatility stop (for downward breakout): $22.88 or 9.7% above the close.

Change YTD: -0.24%

Volume: 6,499,800 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: Pipe top reversal pattern from 05/06/2024 to 05/13/2024

Breakout is downward 100% of the time.

Average decline: 20%.

Break-even failure rate: 11%.

Pullbacks occur 41% of the time.

Price hits measure rule target 70% of the time.

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: 548 out of 618

5/23/24 close: $50.49

1 Month avg volatility: $1.39. Volatility stop (for downward breakout): $54.49 or 7.9% above the close.

Change YTD: -16.68%

Volume: 12,163,800 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.

 

Chart pattern: Double Top, Adam and Adam reversal pattern from 05/07/2024 to 05/22/2024

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: Apparel

Industry RS rank: 2 out of 60

Stock RS rank: 255 out of 618

5/23/24 close: $23.70

1 Month avg volatility: $0.63. Volatility stop (for downward breakout): $25.59 or 8.0% above the close.

Change YTD: 2.78%

Volume: 1,385,600 shares. 3 month avg: 1,269,442 shares.

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

 

Chart pattern: Triple top reversal pattern from 04/30/2024 to 05/14/2024

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 10%.

Pullbacks occur 61% of the time.

Price hits measure rule target 40% of the time.

Industry: Retail Building Supply

Industry RS rank: 18 out of 60

Stock RS rank: 36 out of 618

5/23/24 close: $209.01

1 Month avg volatility: $8.80. Volatility stop (for downward breakout): $228.64 or 9.4% above the close.

Change YTD: 14.33%

Volume: 204,100 shares. 3 month avg: 201,345 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

 

Chart pattern: Pipe top reversal pattern from 04/29/2024 to 05/06/2024

Breakout is downward 100% of the time.

Average decline: 20%.

Break-even failure rate: 11%.

Pullbacks occur 41% of the time.

Price hits measure rule target 70% of the time.

Industry: Computer Software and Svcs

Industry RS rank: 48 out of 60

Stock RS rank: 466 out of 618

5/23/24 close: $34.28

1 Month avg volatility: $0.88. Volatility stop (for downward breakout): $39.77 or 16.0% above the close.

Change YTD: -9.50%

Volume: 2,931,100 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: Broadening top, right-angled and ascending reversal pattern from 04/23/2024 to 05/22/2024

Breakout is downward 66% of the time.

Average decline: 15%.

Break-even failure rate: 20%.

Pullbacks occur 65% of the time.

Price hits measure rule target 32% of the time.

Industry: Retail Building Supply

Industry RS rank: 18 out of 60

Stock RS rank: 338 out of 618

5/23/24 close: $217.48

1 Month avg volatility: $4.36. Volatility stop (for downward breakout): $230.57 or 6.0% above the close.

Change YTD: -2.28%

Volume: 2,616,700 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 Top, Adam and Eve reversal pattern from 05/03/2024 to 05/10/2024

Breakout is downward 100% of the time.

Average decline: 18%.

Break-even failure rate: 14%.

Pullbacks occur 59% of the time.

Price hits measure rule target 69% of the time.

Industry: Computers and Peripherals

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

Industry RS rank: 12 out of 60

Stock RS rank: 531 out of 618

5/23/24 close: $31.48

1 Month avg volatility: $1.13. Volatility stop (for upward breakout): $29.17 or 7.3% below the close.

Change YTD: -13.92%

Volume: 313,800 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 03/26/2024 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.

Industry: Electric Utility (Central)

Industry RS rank: 45 out of 60

Stock RS rank: 407 out of 618

5/23/24 close: $78.33

1 Month avg volatility: $1.62. Volatility stop (for downward breakout): $83.31 or 6.4% above the close.

Change YTD: 8.33%

Volume: 150,500 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: Triple top reversal pattern from 05/09/2024 to 05/21/2024

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 10%.

Pullbacks occur 61% of the time.

Price hits measure rule target 40% of the time.

Industry: Natural Gas (Diversified)

Industry RS rank: 39 out of 60

Stock RS rank: 363 out of 618

5/23/24 close: $55.18

1 Month avg volatility: $0.96. Volatility stop (for downward breakout): $57.93 or 5.0% above the close.

Change YTD: 9.99%

Volume: 601,400 shares. 3 month avg: 355,354 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, Adam and Adam reversal pattern from 05/13/2024 to 05/21/2024

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: Apparel

Industry RS rank: 2 out of 60

Stock RS rank: 302 out of 618

5/23/24 close: $104.11

1 Month avg volatility: $2.58. Volatility stop (for downward breakout): $110.43 or 6.1% above the close.

Change YTD: 4.11%

Volume: 431,200 shares. 3 month avg: 112,505 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.

 

Chart pattern: Triple top reversal pattern from 04/29/2024 to 05/13/2024

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 10%.

Pullbacks occur 61% of the time.

Price hits measure rule target 40% of the time.

Industry: Chemical (Specialty)

Industry RS rank: 33 out of 60

Stock RS rank: 409 out of 618

5/23/24 close: $183.42

1 Month avg volatility: $4.37. Volatility stop (for upward breakout): $173.79 or 5.3% below the close.

Change YTD: -14.06%

Volume: 92,800 shares. 3 month avg: 69,343 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 Monday.

 

Chart pattern: Broadening bottom reversal pattern from 04/22/2024 to 05/21/2024

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.

Industry: E-Commerce

Industry RS rank: 22 out of 60

Stock RS rank: 144 out of 618

5/23/24 close: $278.57

1 Month avg volatility: $4.74. Volatility stop (for upward breakout): $267.99 or 3.8% below the close.

Change YTD: 5.86%

Volume: 5,018,700 shares. 3 month avg: 4,417,257 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.

Industry: Natural Gas (Diversified)

Industry RS rank: 39 out of 60

Stock RS rank: 349 out of 618

5/23/24 close: $7.31

1 Month avg volatility: $0.19. Volatility stop (for downward breakout): $7.88 or 7.7% above the close.

Change YTD: 11.60%

Volume: 10,068,700 shares. 3 month avg: 16,683,949 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: Broadening top reversal pattern from 03/27/2024 to 05/03/2024

Breakout is downward 50% of the time.

Average decline: 15%.

Break-even failure rate: 18%.

Pullbacks occur 48% of the time.

Price hits measure rule target 37% of the time.

Industry: Furn/Home Furnishings

Industry RS rank: 11 out of 60

Stock RS rank: 365 out of 618

5/23/24 close: $13.05

1 Month avg volatility: $0.27. Volatility stop (for upward breakout): $12.42 or 4.8% below the close.

Change YTD: -3.48%

Volume: 547,000 shares. 3 month avg: 708,518 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, Adam and Adam reversal pattern from 03/21/2024 to 04/10/2024

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.

Industry: Natural Gas (Diversified)

Industry RS rank: 39 out of 60

Stock RS rank: 95 out of 618

5/23/24 close: $113.85

1 Month avg volatility: $2.00. Volatility stop (for downward breakout): $120.27 or 5.6% above the close.

Change YTD: 31.06%

Volume: 1,125,700 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: Broadening top reversal pattern from 04/03/2024 to 05/21/2024

Breakout is downward 50% of the time.

Average decline: 15%.

Break-even failure rate: 18%.

Pullbacks occur 48% of the time.

Price hits measure rule target 37% of the time.

Industry: Retail Building Supply

Industry RS rank: 18 out of 60

Stock RS rank: 41 out of 618

5/23/24 close: $283.26

1 Month avg volatility: $6.07. Volatility stop (for upward breakout): $268.16 or 5.3% below the close.

Change YTD: 31.73%

Volume: 910,900 shares. 3 month avg: 2,128,008 shares.

Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

 

Chart pattern: Scallop, ascending continuation pattern from 04/30/2024 to 05/20/2024

Breakout 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: Insurance (Prop/Casualty)

Industry RS rank: 35 out of 60

Stock RS rank: 172 out of 618

5/23/24 close: $212.24

1 Month avg volatility: $2.76. Volatility stop (for downward breakout): $221.42 or 4.3% above the close.

Change YTD: 11.42%

Volume: 950,000 shares. 3 month avg: 1,525,757 shares.

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

 

Chart pattern: Double Top, Eve and Eve reversal pattern from 05/10/2024 to 05/17/2024

Breakout is downward 100% of the time.

Average decline: 18%.

Break-even failure rate: 11%.

Pullbacks occur 59% of the time.

Price hits measure rule target 73% of the time.

Industry: Cement and Aggregates

Industry RS rank: 10 out of 60

Stock RS rank: 162 out of 618

5/23/24 close: $257.21

1 Month avg volatility: $5.29. Volatility stop (for downward breakout): $272.78 or 6.1% above the close.

Change YTD: 13.30%

Volume: 667,500 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 Top, Adam and Eve reversal pattern from 05/02/2024 to 05/10/2024

Breakout is downward 100% of the time.

Average decline: 18%.

Break-even failure rate: 14%.

Pullbacks occur 59% of the time.

Price hits measure rule target 69% of the time.

Industry: Computer Software and Svcs

Industry RS rank: 48 out of 60

Stock RS rank: 326 out of 618

5/23/24 close: $83.72

1 Month avg volatility: $1.06. Volatility stop (for downward breakout): $87.34 or 4.3% above the close.

Change YTD: 3.19%

Volume: 2,841,700 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: Triple top reversal pattern from 03/01/2024 to 03/21/2024

Breakout is downward 100% of the time.

Average decline: 19%.

Break-even failure rate: 10%.

Pullbacks occur 61% of the time.

Price hits measure rule target 40% of the time.

Industry: None

Industry RS rank: 24 out of 60

Stock RS rank: 205 out of 618

5/23/24 close: $88.30

1 Month avg volatility: $0.90. Volatility stop (for downward breakout): $91.35 or 3.5% above the close.

Change YTD: 13.18%

Volume: 762,700 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: Head-and-shoulders top reversal pattern from 03/08/2024 to 04/11/2024

Breakout is downward 100% of the time.

Average decline: 22%.

Break-even failure rate: 4%.

Pullbacks occur 50% of the time.

Price hits measure rule target 55% of the time.