As of 09/27/2024
  Indus: 42,313 +137.89 +0.3%  
  Trans: 16,186 +102.24 +0.6%  
  Utils: 1,055 +10.41 +1.0%  
  Nasdaq: 18,120 -70.70 -0.4%  
  S&P 500: 5,738 -7.20 -0.1%  
YTD
 +12.3%  
 +1.8%  
 +19.7%  
 +20.7%  
 +20.3%  
  Targets    Overview: 09/13/2024  
  Up arrow43,500 or 41,600 by 10/15/2024
  Up arrow16,800 or 16,000 by 10/01/2024
  Up arrow1,100 or 1,000 by 10/01/2024
  Up arrow18,400 or 16,650 by 10/01/2024
  Up arrow5,900 or 5,600 by 10/15/2024
As of 09/27/2024
  Indus: 42,313 +137.89 +0.3%  
  Trans: 16,186 +102.24 +0.6%  
  Utils: 1,055 +10.41 +1.0%  
  Nasdaq: 18,120 -70.70 -0.4%  
  S&P 500: 5,738 -7.20 -0.1%  
YTD
 +12.3%  
 +1.8%  
 +19.7%  
 +20.7%  
 +20.3%  
  Targets    Overview: 09/13/2024  
  Up arrow43,500 or 41,600 by 10/15/2024
  Up arrow16,800 or 16,000 by 10/01/2024
  Up arrow1,100 or 1,000 by 10/01/2024
  Up arrow18,400 or 16,650 by 10/01/2024
  Up arrow5,900 or 5,600 by 10/15/2024

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.
 
Alarm.com Holdings inc (ALRM)
Industry: Computer Software and Svcs
Industry RS rank: 55 out of 60
Stock RS rank: 263 out of 618
6/6/24 close: $62.93
1 Month avg volatility: $1.72. Volatility stop (for downward breakout): $67.15 or 6.7% above the close.
Change YTD: -2.62%
Volume: 454,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 05/07/2024 to 05/16/2024
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.

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Allegiant Travel Company (ALGT)
Industry: Air Transport
Industry RS rank: 56 out of 60
Stock RS rank: 601 out of 618
6/6/24 close: $53.15
1 Month avg volatility: $2.57. Volatility stop (for upward breakout): $47.82 or 10.0% below the close.
Change YTD: -35.66%
Volume: 237,000 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 05/20/2024 to 05/28/2024
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.

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American International Group (AIG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 33 out of 60
Stock RS rank: 208 out of 618
6/6/24 close: $75.62
1 Month avg volatility: $1.27. Volatility stop (for downward breakout): $79.12 or 4.6% above the close.
Change YTD: 11.62%
Volume: 3,777,600 shares. 3 month avg: 5,185,998 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 05/07/2024 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.

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Antero Resources Corp (AR)
Industry: Natural Gas (Diversified)
Industry RS rank: 19 out of 60
Stock RS rank: 21 out of 618
6/6/24 close: $34.07
1 Month avg volatility: $0.99. Volatility stop (for downward breakout): $36.71 or 7.7% above the close.
Change YTD: 50.22%
Volume: 1,675,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Broadening top, right-angled and ascending reversal pattern from 05/06/2024 to 06/06/2024
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.

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Apple Inc. (AAPL)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 11 out of 60
Stock RS rank: 424 out of 618
6/6/24 close: $194.48
1 Month avg volatility: $2.53. Volatility stop (for upward breakout): $189.11 or 2.8% below the close.
Change YTD: 1.01%
Volume: 40,995,100 shares. 3 month avg: 27,687,312 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: Ugly double bottom reversal pattern from 04/19/2024 to 05/23/2024
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.

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Armstrong World Industries (AWI)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 23 out of 60
Stock RS rank: 103 out of 618
6/6/24 close: $115.17
1 Month avg volatility: $1.79. Volatility stop (for downward breakout): $119.99 or 4.2% above the close.
Change YTD: 17.14%
Volume: 398,500 shares. 3 month avg: 508,948 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, descending reversal pattern from 05/01/2024 to 06/06/2024
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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Avista (AVA)
Industry: Electric Utility (West)
Industry RS rank: 53 out of 60
Stock RS rank: 425 out of 618
6/6/24 close: $35.53
1 Month avg volatility: $0.56. Volatility stop (for downward breakout): $37.13 or 4.5% above the close.
Change YTD: -0.59%
Volume: 433,800 shares. 3 month avg: 396,820 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 05/01/2024 to 05/13/2024
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.

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Axis Capital Holdings Ltd (AXS)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 33 out of 60
Stock RS rank: 93 out of 618
6/6/24 close: $72.08
1 Month avg volatility: $1.22. Volatility stop (for downward breakout): $75.18 or 4.3% above the close.
Change YTD: 30.18%
Volume: 433,400 shares. 3 month avg: 808,385 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Broadening wedge, ascending reversal pattern from 05/13/2024 to 06/05/2024
Breakout is downward 73% of the time.
Average decline: 17%.
Break-even failure rate: 11%.
Pullbacks occur 57% of the time.
Price hits measure rule target 58% of the time.

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Bassett Furniture Industries Inc (BSET)
Industry: Furn/Home Furnishings
Industry RS rank: 24 out of 60
Stock RS rank: 559 out of 618
6/6/24 close: $14.64
1 Month avg volatility: $0.37. Volatility stop (for upward breakout): $13.53 or 7.6% below the close.
Change YTD: -11.81%
Volume: 4,400 shares. 3 month avg: 28,538 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: Ugly double bottom reversal pattern from 04/18/2024 to 05/16/2024
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.

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Big Lots Inc. (BIG)
Industry: Retail Store
Industry RS rank: 7 out of 60
Stock RS rank: 613 out of 618
6/6/24 close: $2.88
1 Month avg volatility: $0.33. Volatility stop (for downward breakout): $3.89 or 35.0% above the close.
Change YTD: -63.03%
Volume: 7,159,500 shares. 3 month avg: 984,457 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: Dead-cat bounce continuation pattern from 06/06/2024 to 06/06/2024
Breakout is downward 67% of the time.
Average decline: 18%.

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Cabot Corp. (CBT)
Industry: Chemical (Diversified)
Industry RS rank: 44 out of 60
Stock RS rank: 98 out of 618
6/6/24 close: $98.26
1 Month avg volatility: $1.75. Volatility stop (for downward breakout): $101.92 or 3.7% above the close.
Change YTD: 17.68%
Volume: 298,800 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 top reversal pattern from 05/07/2024 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.

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Caleres (CAL)
Industry: Shoe
Industry RS rank: 2 out of 60
Stock RS rank: 181 out of 618
6/6/24 close: $33.10
1 Month avg volatility: $1.27. Volatility stop (for downward breakout): $36.34 or 9.8% above the close.
Change YTD: 7.71%
Volume: 583,200 shares. 3 month avg: 329,342 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 04/29/2024 to 05/28/2024
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.

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Celanese Corp (CE)
Industry: Chemical (Basic)
Industry RS rank: 37 out of 60
Stock RS rank: 377 out of 618
6/6/24 close: $147.20
1 Month avg volatility: $3.30. Volatility stop (for downward breakout): $155.19 or 5.4% above the close.
Change YTD: -5.26%
Volume: 422,500 shares. 3 month avg: 691,697 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 Adam reversal pattern from 03/28/2024 to 05/09/2024
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.

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Ciena Corp (CIEN)
Industry: Telecom. Equipment
Industry RS rank: 6 out of 60
Stock RS rank: 359 out of 618
6/6/24 close: $48.56
1 Month avg volatility: $1.13. Volatility stop (for upward breakout): $46.20 or 4.9% below the close.
Change YTD: 7.89%
Volume: 5,754,800 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: Scallop, ascending and inverted continuation pattern from 04/22/2024 to 06/04/2024
Breakout is upward 100% of the time.
Average rise: 43%.
Break-even failure rate: 4%.
Throwbacks occur 61% of the time.
Price hits measure rule target 61% of the time.

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Crane Co (CR)
Industry: Diversified Co.
Industry RS rank: 42 out of 60
Stock RS rank: 60 out of 618
6/6/24 close: $142.57
1 Month avg volatility: $3.36. Volatility stop (for downward breakout): $155.05 or 8.8% above the close.
Change YTD: 20.68%
Volume: 149,200 shares. 3 month avg: 293,374 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 05/15/2024 to 06/03/2024
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.

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CSG Systems International Inc (CSGS)
Industry: IT Services
Industry RS rank: 43 out of 60
Stock RS rank: 590 out of 618
6/6/24 close: $40.82
1 Month avg volatility: $1.15. Volatility stop (for downward breakout): $43.42 or 6.4% above the close.
Change YTD: -23.29%
Volume: 242,300 shares. 3 month avg: 127,302 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 Top, Eve and Eve reversal pattern from 05/15/2024 to 05/30/2024
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.

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Curtiss-Wright (CW)
Industry: Machinery
Industry RS rank: 25 out of 60
Stock RS rank: 97 out of 618
6/6/24 close: $274.09
1 Month avg volatility: $4.24. Volatility stop (for downward breakout): $286.85 or 4.7% above the close.
Change YTD: 23.03%
Volume: 185,700 shares. 3 month avg: 230,622 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 Adam reversal pattern from 05/21/2024 to 06/03/2024
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.

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Eastman Chemical (EMN)
Industry: Chemical (Diversified)
Industry RS rank: 44 out of 60
Stock RS rank: 146 out of 618
6/6/24 close: $101.01
1 Month avg volatility: $1.53. Volatility stop (for upward breakout): $95.20 or 5.8% below the close.
Change YTD: 12.46%
Volume: 1,498,700 shares. 3 month avg: 1,209,300 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: Triangle, symmetrical continuation pattern from 04/04/2024 to 06/06/2024
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.

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General Mills Inc (GIS)
Industry: Food Processing
Industry RS rank: 48 out of 60
Stock RS rank: 409 out of 618
6/6/24 close: $67.39
1 Month avg volatility: $1.16. Volatility stop (for downward breakout): $70.13 or 4.1% above the close.
Change YTD: 3.45%
Volume: 2,804,700 shares. 3 month avg: 4,139,065 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 04/25/2024 to 05/21/2024
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.

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GMS Inc (GMS)
Industry: Cement and Aggregates
Industry RS rank: 12 out of 60
Stock RS rank: 108 out of 618
6/6/24 close: $91.13
1 Month avg volatility: $1.94. Volatility stop (for downward breakout): $95.47 or 4.8% above the close.
Change YTD: 10.55%
Volume: 218,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 05/07/2024 to 05/15/2024
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.

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HealthEquity, Inc (HQY)
Industry: Healthcare Information
Industry RS rank: 47 out of 60
Stock RS rank: 148 out of 618
6/6/24 close: $83.69
1 Month avg volatility: $2.11. Volatility stop (for upward breakout): $79.16 or 5.4% below the close.
Change YTD: 26.23%
Volume: 634,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/15/2024 to 05/29/2024
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.

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Humana (HUM)
Industry: Medical Services
Industry RS rank: 51 out of 60
Stock RS rank: 600 out of 618
6/6/24 close: $355.43
1 Month avg volatility: $6.90. Volatility stop (for upward breakout): $339.63 or 4.5% below the close.
Change YTD: -22.36%
Volume: 1,551,500 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: Ugly double bottom reversal pattern from 05/01/2024 to 05/29/2024
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.

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Incyte Corp. (INCY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 18 out of 60
Stock RS rank: 371 out of 618
6/6/24 close: $58.41
1 Month avg volatility: $0.97. Volatility stop (for upward breakout): $56.25 or 3.7% below the close.
Change YTD: -6.98%
Volume: 7,586,600 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: Double Bottom, Eve and Eve reversal pattern from 05/16/2024 to 05/29/2024
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.

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Kaiser Aluminum Corp (KALU)
Industry: Metals and Mining (Div.)
Industry RS rank: 8 out of 60
Stock RS rank: 18 out of 618
6/6/24 close: $93.34
1 Month avg volatility: $2.53. Volatility stop (for downward breakout): $100.37 or 7.5% above the close.
Change YTD: 31.11%
Volume: 143,500 shares. 3 month avg: 141,669 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 05/06/2024 to 05/31/2024
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Macys, Inc (M)
Industry: Retail Store
Industry RS rank: 7 out of 60
Stock RS rank: 261 out of 618
6/6/24 close: $18.40
1 Month avg volatility: $0.60. Volatility stop (for downward breakout): $20.03 or 8.8% above the close.
Change YTD: -8.55%
Volume: 4,032,400 shares. 3 month avg: 12,458,365 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: Broadening top reversal pattern from 05/03/2024 to 06/05/2024
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.

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Matrix Service Co. (MTRX)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 57 out of 60
Stock RS rank: 166 out of 618
6/6/24 close: $11.33
1 Month avg volatility: $0.53. Volatility stop (for upward breakout): $10.12 or 10.7% below the close.
Change YTD: 15.85%
Volume: 147,000 shares. 3 month avg: 303,508 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: Ugly double bottom reversal pattern from 05/09/2024 to 05/28/2024
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.

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Micron Technology (MU)
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: 8 out of 618
6/6/24 close: $130.07
1 Month avg volatility: $3.88. Volatility stop (for downward breakout): $141.89 or 9.1% above the close.
Change YTD: 52.41%
Volume: 15,452,400 shares. 3 month avg: 38,182,855 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: Broadening top reversal pattern from 05/15/2024 to 06/06/2024
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.

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ON Semiconductor Corp (ON)
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: 455 out of 618
6/6/24 close: $72.45
1 Month avg volatility: $2.19. Volatility stop (for downward breakout): $78.64 or 8.5% above the close.
Change YTD: -13.26%
Volume: 6,562,300 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: Diamond top reversal pattern from 05/15/2024 to 06/06/2024
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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Packaging Corp of America (PKG)
Industry: Packaging and Container
Industry RS rank: 32 out of 60
Stock RS rank: 279 out of 618
6/6/24 close: $183.09
1 Month avg volatility: $2.42. Volatility stop (for downward breakout): $188.64 or 3.0% above the close.
Change YTD: 12.39%
Volume: 447,800 shares. 3 month avg: 777,560 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 05/17/2024 to 06/06/2024
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.

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Public Service Enterprise Group PEG (PEG)
Industry: Electric Utility (East)
Industry RS rank: 35 out of 60
Stock RS rank: 179 out of 618
6/6/24 close: $74.44
1 Month avg volatility: $1.07. Volatility stop (for downward breakout): $76.93 or 3.4% above the close.
Change YTD: 21.73%
Volume: 1,596,800 shares. 3 month avg: 2,747,514 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: Diamond top reversal pattern from 05/15/2024 to 06/06/2024
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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Reinsurance Group of America (RGA)
Industry: Insurance (Life)
Industry RS rank: 39 out of 60
Stock RS rank: 110 out of 618
6/6/24 close: $202.93
1 Month avg volatility: $3.51. Volatility stop (for downward breakout): $211.92 or 4.4% above the close.
Change YTD: 25.44%
Volume: 247,900 shares. 3 month avg: 326,800 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: Head-and-shoulders complex top reversal pattern from 05/10/2024 to 05/31/2024
Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

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SAIA Inc (SAIA)
Industry: Trucking/Transp. Leasing
Industry RS rank: 52 out of 60
Stock RS rank: 201 out of 618
6/6/24 close: $452.61
1 Month avg volatility: $14.82. Volatility stop (for upward breakout): $405.13 or 10.5% below the close.
Change YTD: 3.28%
Volume: 455,600 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: Pipe bottom reversal pattern from 05/20/2024 to 05/28/2024
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 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Sally Beauty (SBH)
Industry: Toiletries/Cosmetics
Industry RS rank: 58 out of 60
Stock RS rank: 203 out of 618
6/6/24 close: $11.91
1 Month avg volatility: $0.43. Volatility stop (for upward breakout): $11.01 or 7.5% below the close.
Change YTD: -10.32%
Volume: 783,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 05/09/2024 to 05/21/2024
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.

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ServiceNow Inc (NOW)
Industry: IT Services
Industry RS rank: 43 out of 60
Stock RS rank: 406 out of 618
6/6/24 close: $703.16
1 Month avg volatility: $18.61. Volatility stop (for downward breakout): $749.58 or 6.6% above the close.
Change YTD: -0.47%
Volume: 1,406,700 shares. 3 month avg: 1,411,754 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 top reversal pattern from 05/13/2024 to 05/20/2024
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.

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Silgan Holdings Inc (SLGN)
Industry: Packaging and Container
Industry RS rank: 32 out of 60
Stock RS rank: 335 out of 618
6/6/24 close: $46.12
1 Month avg volatility: $0.70. Volatility stop (for upward breakout): $44.18 or 4.2% below the close.
Change YTD: 1.92%
Volume: 427,500 shares. 3 month avg: 499,285 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 03/06/2024 to 06/06/2024
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.

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Steelcase (SCS)
Industry: Furn/Home Furnishings
Industry RS rank: 24 out of 60
Stock RS rank: 407 out of 618
6/6/24 close: $12.72
1 Month avg volatility: $0.32. Volatility stop (for downward breakout): $13.68 or 7.5% above the close.
Change YTD: -5.92%
Volume: 430,400 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 Top, Adam and Eve reversal pattern from 05/16/2024 to 06/03/2024
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.

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Tapestry Inc (TPR)
Industry: Apparel
Industry RS rank: 3 out of 60
Stock RS rank: 69 out of 618
6/6/24 close: $43.55
1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $41.39 or 5.0% below the close.
Change YTD: 18.31%
Volume: 3,512,600 shares. 3 month avg: 3,145,718 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: Ugly double bottom reversal pattern from 05/09/2024 to 05/29/2024
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.

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Textron Inc (TXT)
Industry: Diversified Co.
Industry RS rank: 42 out of 60
Stock RS rank: 266 out of 618
6/6/24 close: $85.80
1 Month avg volatility: $1.21. Volatility stop (for downward breakout): $89.06 or 3.8% above the close.
Change YTD: 6.69%
Volume: 743,800 shares. 3 month avg: 1,342,598 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 top reversal pattern from 05/10/2024 to 06/03/2024
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.

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UGI Corp. (UGI)
Industry: Natural Gas (Distributor)
Industry RS rank: 46 out of 60
Stock RS rank: 413 out of 618
6/6/24 close: $23.00
1 Month avg volatility: $0.51. Volatility stop (for upward breakout): $21.61 or 6.1% below the close.
Change YTD: -6.50%
Volume: 15,415,900 shares. 3 month avg: 686,418 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 05/02/2024 to 05/24/2024
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.

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Westlake Chemical Corp (WLK)
Industry: Chemical (Basic)
Industry RS rank: 37 out of 60
Stock RS rank: 168 out of 618
6/6/24 close: $154.28
1 Month avg volatility: $2.93. Volatility stop (for downward breakout): $162.81 or 5.5% above the close.
Change YTD: 10.23%
Volume: 385,600 shares. 3 month avg: 812,517 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: Triple top reversal pattern from 05/20/2024 to 06/03/2024
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.

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Wheaton Precious Metals Corp (WPM)
Industry: Metals and Mining (Div.)
Industry RS rank: 8 out of 60
Stock RS rank: 205 out of 618
6/6/24 close: $55.59
1 Month avg volatility: $1.37. Volatility stop (for downward breakout): $58.39 or 5.0% above the close.
Change YTD: 12.67%
Volume: 1,099,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 05/10/2024 to 05/28/2024
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.

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iShares US Home construction ETF (ITB)
Industry: Homebuilding
Industry RS rank: 13 out of 60
Stock RS rank: 238 out of 618
6/6/24 close: $103.86
1 Month avg volatility: $1.68. Volatility stop (for upward breakout): $100.34 or 3.4% below the close.
Change YTD: 2.09%
Volume: 804,100 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 05/24/2024 to 06/06/2024
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.

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iShares US Medical devices index fund (IHI)
Industry: Medical Supplies
Industry RS rank: 49 out of 60
Stock RS rank: 275 out of 618
6/6/24 close: $56.34
1 Month avg volatility: $0.57. Volatility stop (for upward breakout): $54.51 or 3.3% below the close.
Change YTD: 4.39%
Volume: 845,900 shares. 3 month avg: 82,220 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 04/09/2024 to 06/06/2024
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.

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