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.
 
American Express Co (AXP)
Industry: Financial Services
Industry RS rank: 25 out of 60
Stock RS rank: 68 out of 618
6/13/24 close: $222.19
1 Month avg volatility: $3.71. Volatility stop (for downward breakout): $231.18 or 4.1% above the close.
Change YTD: 18.60%
Volume: 2,956,200 shares. 3 month avg: 3,419,958 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 04/24/2024 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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American Financial Group (AFG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 30 out of 60
Stock RS rank: 310 out of 618
6/13/24 close: $124.95
1 Month avg volatility: $1.89. Volatility stop (for downward breakout): $129.04 or 3.3% above the close.
Change YTD: 5.10%
Volume: 185,500 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 Top, Adam and Adam reversal pattern from 05/31/2024 to 06/07/2024
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.

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ArcBest Corp (ARCB)
Industry: Trucking/Transp. Leasing
Industry RS rank: 49 out of 60
Stock RS rank: 396 out of 618
6/13/24 close: $108.30
1 Month avg volatility: $3.77. Volatility stop (for upward breakout): $99.05 or 8.5% below the close.
Change YTD: -9.91%
Volume: 162,900 shares. 3 month avg: 234,063 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 05/29/2024 to 06/06/2024
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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Archer-Daniels-Midland Co (ADM)
Industry: Food Processing
Industry RS rank: 47 out of 60
Stock RS rank: 559 out of 618
6/13/24 close: $60.73
1 Month avg volatility: $1.26. Volatility stop (for downward breakout): $63.59 or 4.7% above the close.
Change YTD: -15.91%
Volume: 2,499,100 shares. 3 month avg: 3,092,757 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: Diamond top reversal pattern from 05/17/2024 to 06/11/2024
WARNING: A dead-cat bounce occurred on 01/22/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 07/22/2024.
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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Arista Networks Inc (ANET)
Industry: E-Commerce
Industry RS rank: 24 out of 60
Stock RS rank: 27 out of 618
6/13/24 close: $331.67
1 Month avg volatility: $8.38. Volatility stop (for upward breakout): $302.41 or 8.8% below the close.
Change YTD: 40.83%
Volume: 3,878,500 shares. 3 month avg: 2,258,017 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 05/23/2024 to 06/03/2024
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.

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Avient (AVNT)
Industry: Chemical (Specialty)
Industry RS rank: 40 out of 60
Stock RS rank: 158 out of 618
6/13/24 close: $43.81
1 Month avg volatility: $0.78. Volatility stop (for upward breakout): $41.79 or 4.6% below the close.
Change YTD: 5.39%
Volume: 191,600 shares. 3 month avg: 523,769 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 bottom reversal pattern from 05/29/2024 to 06/13/2024
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.

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Azenta Inc (AZTA)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 481 out of 618
6/13/24 close: $54.76
1 Month avg volatility: $1.34. Volatility stop (for upward breakout): $51.56 or 5.9% below the close.
Change YTD: -15.93%
Volume: 383,200 shares. 3 month avg: 448,778 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: Head-and-shoulders bottom reversal pattern from 04/18/2024 to 05/24/2024
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.

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Brady Corp (BRC)
Industry: Chemical (Diversified)
Industry RS rank: 46 out of 60
Stock RS rank: 167 out of 618
6/13/24 close: $65.73
1 Month avg volatility: $1.23. Volatility stop (for downward breakout): $68.98 or 5.0% above the close.
Change YTD: 12.00%
Volume: 147,700 shares. 3 month avg: 204,463 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, Eve and Eve reversal pattern from 05/23/2024 to 05/31/2024
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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Bread Financial Holdings (BFH)
Industry: Information Services
Industry RS rank: 51 out of 60
Stock RS rank: 101 out of 618
6/13/24 close: $40.25
1 Month avg volatility: $1.25. Volatility stop (for downward breakout): $42.83 or 6.4% above the close.
Change YTD: 22.19%
Volume: 634,900 shares. 3 month avg: 943,408 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: Diamond top reversal pattern from 05/03/2024 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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Century Aluminum Co. (CENX)
Industry: Metals and Mining (Div.)
Industry RS rank: 9 out of 60
Stock RS rank: 6 out of 618
6/13/24 close: $15.35
1 Month avg volatility: $0.77. Volatility stop (for downward breakout): $17.04 or 11.0% above the close.
Change YTD: 26.44%
Volume: 882,900 shares. 3 month avg: 2,285,742 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, Adam and Eve reversal pattern from 05/21/2024 to 05/31/2024
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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Check Point Software (CHKP)
Industry: E-Commerce
Industry RS rank: 24 out of 60
Stock RS rank: 285 out of 618
6/13/24 close: $157.56
1 Month avg volatility: $2.59. Volatility stop (for upward breakout): $151.05 or 4.1% below the close.
Change YTD: 3.12%
Volume: 598,800 shares. 3 month avg: 1,143,906 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 05/14/2024 to 05/31/2024
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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ConAgra Brands Inc (CAG)
Industry: Food Processing
Industry RS rank: 47 out of 60
Stock RS rank: 457 out of 618
6/13/24 close: $28.57
1 Month avg volatility: $0.51. Volatility stop (for downward breakout): $29.79 or 4.3% above the close.
Change YTD: -0.31%
Volume: 3,595,500 shares. 3 month avg: 3,423,360 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 04/05/2024 to 04/25/2024
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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CoreCivic, Inc (CXW)
Industry: Industrial Services
Industry RS rank: 10 out of 60
Stock RS rank: 552 out of 618
6/13/24 close: $11.74
1 Month avg volatility: $0.49. Volatility stop (for downward breakout): $12.74 or 8.5% above the close.
Change YTD: -19.20%
Volume: 1,143,800 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: Dead-cat bounce continuation pattern from 06/11/2024 to 06/11/2024
Breakout is downward 67% of the time.
Average decline: 18%.

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Crown Holdings Inc (CCK)
Industry: Packaging and Container
Industry RS rank: 29 out of 60
Stock RS rank: 514 out of 618
6/13/24 close: $79.15
1 Month avg volatility: $1.28. Volatility stop (for downward breakout): $83.12 or 5.0% above the close.
Change YTD: -14.05%
Volume: 1,176,200 shares. 3 month avg: 762,669 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 Top, Adam and Eve reversal pattern from 04/30/2024 to 05/21/2024
WARNING: A dead-cat bounce occurred on 02/06/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/06/2024.
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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Dominion Resources Inc. (D)
Industry: Electric Utility (East)
Industry RS rank: 37 out of 60
Stock RS rank: 338 out of 618
6/13/24 close: $50.69
1 Month avg volatility: $0.74. Volatility stop (for downward breakout): $52.61 or 3.8% above the close.
Change YTD: 7.85%
Volume: 2,942,700 shares. 3 month avg: 2,249,422 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 05/21/2024 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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Eagle Materials Inc. (EXP)
Industry: Cement and Aggregates
Industry RS rank: 11 out of 60
Stock RS rank: 118 out of 618
6/13/24 close: $230.92
1 Month avg volatility: $6.51. Volatility stop (for upward breakout): $213.93 or 7.4% below the close.
Change YTD: 13.84%
Volume: 260,000 shares. 3 month avg: 553,088 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Falling wedge from 05/21/2024 to 06/11/2024
Breakout is upward 68% of the time.
Average rise: 32%.
Break-even failure rate: 11%.
Throwbacks occur 56% of the time.
Price hits measure rule target 70% of the time.

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Equifax Inc (EFX)
Industry: Information Services
Industry RS rank: 51 out of 60
Stock RS rank: 363 out of 618
6/13/24 close: $245.20
1 Month avg volatility: $5.85. Volatility stop (for upward breakout): $230.44 or 6.0% below the close.
Change YTD: -0.85%
Volume: 679,800 shares. 3 month avg: 3,458,600 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 05/31/2024 to 06/11/2024
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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FARO Technologies Inc (FARO)
Industry: Precision Instrument
Industry RS rank: 32 out of 60
Stock RS rank: 494 out of 618
6/13/24 close: $17.29
1 Month avg volatility: $0.58. Volatility stop (for upward breakout): $16.04 or 7.2% below the close.
Change YTD: -23.26%
Volume: 140,900 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 bottom reversal pattern from 04/23/2024 to 05/09/2024
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.

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FedEx (FDX)
Industry: Air Transport
Industry RS rank: 56 out of 60
Stock RS rank: 474 out of 618
6/13/24 close: $248.60
1 Month avg volatility: $4.58. Volatility stop (for downward breakout): $258.66 or 4.1% above the close.
Change YTD: -1.73%
Volume: 1,014,300 shares. 3 month avg: 1,372,055 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: Rectangle bottom continuation pattern from 05/29/2024 to 06/13/2024
Breakout is downward 55% of the time.
Average decline: 14%.
Break-even failure rate: 16%.
Pullbacks occur 69% of the time.
Price hits measure rule target 50% of the time.

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FormFactor Inc. (FORM)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 52 out of 60
Stock RS rank: 24 out of 618
6/13/24 close: $57.76
1 Month avg volatility: $1.72. Volatility stop (for upward breakout): $52.80 or 8.6% below the close.
Change YTD: 38.48%
Volume: 479,700 shares. 3 month avg: 748,688 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/04/2024 to 06/10/2024
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.

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Forward Air Corp (FWRD)
Industry: Trucking/Transp. Leasing
Industry RS rank: 49 out of 60
Stock RS rank: 615 out of 618
6/13/24 close: $20.22
1 Month avg volatility: $1.62. Volatility stop (for upward breakout): $16.10 or 20.4% below the close.
Change YTD: -67.84%
Volume: 1,266,800 shares. 3 month avg: 140,032 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Flag, high and tight continuation pattern from 05/21/2024 to 06/11/2024
WARNING: A dead-cat bounce occurred on 05/09/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 08/08/2024 and a 38% chance by 11/07/2024.
Breakout is upward 100% of the time.
Average rise: 69%.
Throwbacks occur 54% of the time.
Price hits measure rule target 90% of the time.

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General Dynamics Corp (GD)
Industry: Aerospace/Defense
Industry RS rank: 28 out of 60
Stock RS rank: 168 out of 618
6/13/24 close: $292.52
1 Month avg volatility: $3.38. Volatility stop (for downward breakout): $301.32 or 3.0% above the close.
Change YTD: 12.65%
Volume: 686,500 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: Head-and-shoulders top reversal pattern from 05/21/2024 to 06/06/2024
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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General Electric Co (GE)
Industry: Diversified Co.
Industry RS rank: 39 out of 60
Stock RS rank: 61 out of 618
6/13/24 close: $155.69
1 Month avg volatility: $3.72. Volatility stop (for downward breakout): $168.07 or 8.0% above the close.
Change YTD: 21.99%
Volume: 7,170,900 shares. 3 month avg: 6,323,323 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, Eve and Eve reversal pattern from 05/07/2024 to 05/24/2024
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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Haynes International Inc. (HAYN)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 21 out of 60
Stock RS rank: 163 out of 618
6/13/24 close: $58.50
1 Month avg volatility: $0.42. Volatility stop (for upward breakout): $57.28 or 2.1% below the close.
Change YTD: 2.54%
Volume: 128,300 shares. 3 month avg: 80,035 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 05/15/2024 to 06/10/2024
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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HNI (HON Industries) (HNI)
Industry: Furn/Home Furnishings
Industry RS rank: 18 out of 60
Stock RS rank: 237 out of 618
6/13/24 close: $44.36
1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $47.02 or 6.0% above the close.
Change YTD: 6.05%
Volume: 237,900 shares. 3 month avg: 239,735 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 05/15/2024 to 06/03/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Home Depot, Inc (HD)
Industry: Retail Building Supply
Industry RS rank: 16 out of 60
Stock RS rank: 364 out of 618
6/13/24 close: $347.88
1 Month avg volatility: $5.65. Volatility stop (for upward breakout): $331.77 or 4.6% below the close.
Change YTD: 0.38%
Volume: 3,378,300 shares. 3 month avg: 4,416,295 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 05/29/2024 to 06/07/2024
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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Interface, Inc. (TILE)
Industry: Furn/Home Furnishings
Industry RS rank: 18 out of 60
Stock RS rank: 59 out of 618
6/13/24 close: $14.80
1 Month avg volatility: $0.43. Volatility stop (for downward breakout): $16.02 or 8.2% above the close.
Change YTD: 17.27%
Volume: 304,100 shares. 3 month avg: 457,515 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 top reversal pattern from 05/28/2024 to 06/03/2024
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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Interpublic Group of Companies (IPG)
Industry: Advertising
Industry RS rank: 20 out of 60
Stock RS rank: 444 out of 618
6/13/24 close: $29.90
1 Month avg volatility: $0.52. Volatility stop (for downward breakout): $31.25 or 4.5% above the close.
Change YTD: -8.39%
Volume: 2,971,700 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: Head-and-shoulders top reversal pattern from 04/24/2024 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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Leggett and Platt (LEG)
Industry: Furn/Home Furnishings
Industry RS rank: 18 out of 60
Stock RS rank: 612 out of 618
6/13/24 close: $11.38
1 Month avg volatility: $0.48. Volatility stop (for upward breakout): $10.26 or 9.9% below the close.
Change YTD: -56.52%
Volume: 2,272,900 shares. 3 month avg: 1,259,645 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 05/20/2024 to 05/28/2024
WARNING: A dead-cat bounce occurred on 05/01/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 07/31/2024 and a 38% chance by 10/30/2024.
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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Marchex, Inc (MCHX)
Industry: Advertising
Industry RS rank: 20 out of 60
Stock RS rank: 144 out of 618
6/13/24 close: $1.61
1 Month avg volatility: $0.10. Volatility stop (for upward breakout): $1.32 or 18.2% below the close.
Change YTD: 18.38%
Volume: 80,800 shares. 3 month avg: 97,160 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 Wednesday.
 
Chart pattern: Triangle, ascending reversal pattern from 03/15/2024 to 06/05/2024
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

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Mueller Industries Inc. (MLI)
Industry: Metal Fabricating
Industry RS rank: 26 out of 60
Stock RS rank: 54 out of 618
6/13/24 close: $56.60
1 Month avg volatility: $1.33. Volatility stop (for downward breakout): $59.30 or 4.8% above the close.
Change YTD: 20.04%
Volume: 616,100 shares. 3 month avg: 161,678 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 complex top reversal pattern from 04/24/2024 to 06/03/2024
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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NextEra Energy Inc (NEE)
Industry: Electric Utility (East)
Industry RS rank: 37 out of 60
Stock RS rank: 146 out of 618
6/13/24 close: $73.18
1 Month avg volatility: $1.58. Volatility stop (for downward breakout): $76.88 or 5.1% above the close.
Change YTD: 20.48%
Volume: 9,973,000 shares. 3 month avg: 6,704,131 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 top reversal pattern from 05/28/2024 to 06/03/2024
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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Omnicom Group (OMC)
Industry: Advertising
Industry RS rank: 20 out of 60
Stock RS rank: 271 out of 618
6/13/24 close: $89.39
1 Month avg volatility: $1.64. Volatility stop (for downward breakout): $92.71 or 3.7% above the close.
Change YTD: 3.33%
Volume: 1,567,600 shares. 3 month avg: 2,548,395 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 03/28/2024 to 05/15/2024
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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Oracle Corporation (ORCL)
Industry: Computer Software and Svcs
Industry RS rank: 53 out of 60
Stock RS rank: 41 out of 618
6/13/24 close: $139.85
1 Month avg volatility: $2.69. Volatility stop (for upward breakout): $133.39 or 4.6% below the close.
Change YTD: 32.65%
Volume: 13,674,200 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 05/28/2024 to 06/03/2024
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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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 20 out of 60
Stock RS rank: 269 out of 618
6/13/24 close: $13.93
1 Month avg volatility: $0.37. Volatility stop (for upward breakout): $13.09 or 6.0% below the close.
Change YTD: -0.21%
Volume: 911,300 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Falling wedge from 05/01/2024 to 06/11/2024
Breakout is upward 68% of the time.
Average rise: 32%.
Break-even failure rate: 11%.
Throwbacks occur 56% of the time.
Price hits measure rule target 70% of the time.

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Oxford Industries (OXM)
Industry: Apparel
Industry RS rank: 2 out of 60
Stock RS rank: 313 out of 618
6/13/24 close: $101.85
1 Month avg volatility: $2.79. Volatility stop (for upward breakout): $89.26 or 12.4% below the close.
Change YTD: 1.85%
Volume: 951,700 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: Horn bottom reversal pattern from 04/01/2024 to 04/15/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

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Patterson Companies Inc. (PDCO)
Industry: Medical Supplies
Industry RS rank: 48 out of 60
Stock RS rank: 536 out of 618
6/13/24 close: $22.88
1 Month avg volatility: $0.52. Volatility stop (for upward breakout): $21.26 or 7.1% below the close.
Change YTD: -19.60%
Volume: 1,277,600 shares. 3 month avg: 1,885,975 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: Diamond bottom reversal pattern from 04/23/2024 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.

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PetMed Express Inc. (PETS)
Industry: Medical Services
Industry RS rank: 50 out of 60
Stock RS rank: 608 out of 618
6/13/24 close: $4.19
1 Month avg volatility: $0.25. Volatility stop (for downward breakout): $4.72 or 12.6% above the close.
Change YTD: -44.58%
Volume: 512,000 shares. 3 month avg: 739,945 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 05/28/2024 to 06/13/2024
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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Pfizer Inc. (PFE)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 12 out of 60
Stock RS rank: 323 out of 618
6/13/24 close: $27.65
1 Month avg volatility: $0.56. Volatility stop (for downward breakout): $28.85 or 4.3% above the close.
Change YTD: -3.96%
Volume: 33,804,000 shares. 3 month avg: 34,097,717 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 05/22/2024 to 06/04/2024
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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Prudential Financial Inc (PRU)
Industry: Insurance (Life)
Industry RS rank: 42 out of 60
Stock RS rank: 222 out of 618
6/13/24 close: $113.97
1 Month avg volatility: $1.76. Volatility stop (for downward breakout): $118.48 or 4.0% above the close.
Change YTD: 9.89%
Volume: 1,077,600 shares. 3 month avg: 1,688,191 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, Eve and Eve reversal pattern from 05/17/2024 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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RLI Corp (RLI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 30 out of 60
Stock RS rank: 299 out of 618
6/13/24 close: $140.11
1 Month avg volatility: $2.03. Volatility stop (for downward breakout): $144.74 or 3.3% above the close.
Change YTD: 5.25%
Volume: 70,700 shares. 3 month avg: 149,782 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 05/07/2024 to 05/17/2024
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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Semtech Corp (SMTC)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 34 out of 618
6/13/24 close: $29.72
1 Month avg volatility: $2.24. Volatility stop (for downward breakout): $34.99 or 17.7% above the close.
Change YTD: 35.65%
Volume: 2,426,500 shares. 3 month avg: 510,991 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Dead-cat bounce continuation pattern from 06/07/2024 to 06/07/2024
Breakout is downward 67% of the time.
Average decline: 18%.

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Southwest Gas Corp. (SWX)
Industry: Natural Gas (Distributor)
Industry RS rank: 43 out of 60
Stock RS rank: 174 out of 618
6/13/24 close: $72.20
1 Month avg volatility: $1.54. Volatility stop (for downward breakout): $76.85 or 6.4% above the close.
Change YTD: 13.97%
Volume: 266,900 shares. 3 month avg: 213,628 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 05/10/2024 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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The Trade Desk (TTD)
Industry: Advertising
Industry RS rank: 20 out of 60
Stock RS rank: 57 out of 618
6/13/24 close: $95.62
1 Month avg volatility: $3.01. Volatility stop (for downward breakout): $104.02 or 8.8% above the close.
Change YTD: 32.88%
Volume: 2,488,400 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 05/20/2024 to 06/13/2024
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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Timken Co., The (TKR)
Industry: Metal Fabricating
Industry RS rank: 26 out of 60
Stock RS rank: 213 out of 618
6/13/24 close: $83.62
1 Month avg volatility: $1.79. Volatility stop (for downward breakout): $87.73 or 4.9% above the close.
Change YTD: 4.33%
Volume: 276,000 shares. 3 month avg: 853,643 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 04/30/2024 to 05/15/2024
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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TransDigm Group Inc (TDG)
Industry: Aerospace/Defense
Industry RS rank: 28 out of 60
Stock RS rank: 50 out of 618
6/13/24 close: $1,323.65
1 Month avg volatility: $26.59. Volatility stop (for downward breakout): $1,378.64 or 4.2% above the close.
Change YTD: 30.85%
Volume: 165,700 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 05/28/2024 to 06/06/2024
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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Unum Group (UNM)
Industry: Insurance (Diversified)
Industry RS rank: 54 out of 60
Stock RS rank: 198 out of 618
6/13/24 close: $49.74
1 Month avg volatility: $0.70. Volatility stop (for downward breakout): $51.18 or 2.9% above the close.
Change YTD: 10.00%
Volume: 599,500 shares. 3 month avg: 1,168,134 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 04/02/2024 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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Werner Enterprises, Inc (WERN)
Industry: Trucking/Transp. Leasing
Industry RS rank: 49 out of 60
Stock RS rank: 504 out of 618
6/13/24 close: $36.07
1 Month avg volatility: $0.86. Volatility stop (for downward breakout): $38.49 or 6.7% above the close.
Change YTD: -14.87%
Volume: 751,500 shares. 3 month avg: 887,242 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: Broadening top, right-angled and ascending reversal pattern from 05/21/2024 to 06/12/2024
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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Williams Companies Inc. (WMB)
Industry: Natural Gas (Distributor)
Industry RS rank: 43 out of 60
Stock RS rank: 122 out of 618
6/13/24 close: $41.52
1 Month avg volatility: $0.64. Volatility stop (for downward breakout): $42.95 or 3.5% above the close.
Change YTD: 19.21%
Volume: 5,028,300 shares. 3 month avg: 4,990,974 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 05/24/2024 to 06/13/2024
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.

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