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

Patterns for the Weekend Details

Copyright © 2024 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

 

Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
Accenture plc (ACN)
Industry: IT Services
Industry RS rank: 26 out of 60
Stock RS rank: 490 out of 618
6/20/24 close: $306.16
1 Month avg volatility: $6.28. Volatility stop (for upward breakout): $285.45 or 6.8% below the close.
Change YTD: -12.75%
Volume: 11,346,200 shares. 3 month avg: 1,995,040 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 06/14/2024
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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ACI Worldwide (ACIW)
Industry: IT Services
Industry RS rank: 26 out of 60
Stock RS rank: 87 out of 618
6/20/24 close: $36.52
1 Month avg volatility: $0.88. Volatility stop (for upward breakout): $34.22 or 6.3% below the close.
Change YTD: 19.35%
Volume: 489,500 shares. 3 month avg: 679,420 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: Broadening bottom reversal pattern from 05/29/2024 to 06/20/2024
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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Adobe Systems (ADBE)
Industry: Computer Software and Svcs
Industry RS rank: 45 out of 60
Stock RS rank: 506 out of 618
6/20/24 close: $522.95
1 Month avg volatility: $11.81. Volatility stop (for upward breakout): $496.79 or 5.0% below the close.
Change YTD: -12.34%
Volume: 5,661,200 shares. 3 month avg: 3,137,863 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: 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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Antero Resources Corp (AR)
Industry: Natural Gas (Diversified)
Industry RS rank: 13 out of 60
Stock RS rank: 20 out of 618
6/20/24 close: $32.47
1 Month avg volatility: $1.06. Volatility stop (for downward breakout): $35.32 or 8.8% above the close.
Change YTD: 43.17%
Volume: 3,597,800 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 top reversal pattern from 05/20/2024 to 06/12/2024
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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Arrow Electronics (ARW)
Industry: Electronics
Industry RS rank: 35 out of 60
Stock RS rank: 337 out of 618
6/20/24 close: $126.45
1 Month avg volatility: $2.44. Volatility stop (for downward breakout): $132.08 or 4.5% above the close.
Change YTD: 3.44%
Volume: 447,300 shares. 3 month avg: 447,163 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 05/23/2024 to 06/12/2024
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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Balchem Corp (BCPC)
Industry: Chemical (Specialty)
Industry RS rank: 50 out of 60
Stock RS rank: 296 out of 618
6/20/24 close: $150.43
1 Month avg volatility: $2.61. Volatility stop (for upward breakout): $144.82 or 3.7% below the close.
Change YTD: 1.13%
Volume: 65,300 shares. 3 month avg: 82,003 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 06/05/2024 to 06/20/2024
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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Bassett Furniture Industries Inc (BSET)
Industry: Furn/Home Furnishings
Industry RS rank: 34 out of 60
Stock RS rank: 508 out of 618
6/20/24 close: $14.05
1 Month avg volatility: $0.41. Volatility stop (for downward breakout): $14.91 or 6.1% above the close.
Change YTD: -15.36%
Volume: 19,300 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: 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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Boeing Company, The (BA)
Industry: Aerospace/Defense
Industry RS rank: 20 out of 60
Stock RS rank: 598 out of 618
6/20/24 close: $176.30
1 Month avg volatility: $5.07. Volatility stop (for downward breakout): $186.79 or 6.0% above the close.
Change YTD: -32.36%
Volume: 5,460,500 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: Pipe top reversal pattern from 06/03/2024 to 06/10/2024
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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Build-A-Bear Workshop Inc (BBW)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 60
Stock RS rank: 231 out of 618
6/20/24 close: $25.07
1 Month avg volatility: $0.85. Volatility stop (for downward breakout): $27.43 or 9.4% above the close.
Change YTD: 9.05%
Volume: 121,400 shares. 3 month avg: 99,982 shares.
This security may be thinly traded (less than 100k 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: Broadening top reversal pattern from 03/18/2024 to 04/30/2024
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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CACI International (CACI)
Industry: IT Services
Industry RS rank: 26 out of 60
Stock RS rank: 43 out of 618
6/20/24 close: $430.68
1 Month avg volatility: $6.32. Volatility stop (for upward breakout): $417.41 or 3.1% below the close.
Change YTD: 32.98%
Volume: 79,400 shares. 3 month avg: 131,971 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple bottom reversal pattern from 05/30/2024 to 06/10/2024
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.

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Cal-Maine Foods Inc (CALM)
Industry: Food Processing
Industry RS rank: 42 out of 60
Stock RS rank: 292 out of 618
6/20/24 close: $58.17
1 Month avg volatility: $1.40. Volatility stop (for downward breakout): $62.53 or 7.5% above the close.
Change YTD: 1.36%
Volume: 510,300 shares. 3 month avg: 322,132 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 Eve reversal pattern from 05/22/2024 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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Celestica Inc (CLS)
Industry: Electronics
Industry RS rank: 35 out of 60
Stock RS rank: 3 out of 618
6/20/24 close: $55.80
1 Month avg volatility: $2.44. Volatility stop (for upward breakout): $50.93 or 8.7% below the close.
Change YTD: 90.57%
Volume: 3,012,200 shares. 3 month avg: 557,234 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 06/03/2024 to 06/10/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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CNX Resources Corp (CNX)
Industry: Natural Gas (Diversified)
Industry RS rank: 13 out of 60
Stock RS rank: 106 out of 618
6/20/24 close: $24.04
1 Month avg volatility: $0.54. Volatility stop (for downward breakout): $25.24 or 5.0% above the close.
Change YTD: 20.20%
Volume: 2,365,700 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, Adam and Adam reversal pattern from 06/03/2024 to 06/12/2024
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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Cognizant Technology Solutions Corp (CTSH)
Industry: IT Services
Industry RS rank: 26 out of 60
Stock RS rank: 466 out of 618
6/20/24 close: $68.14
1 Month avg volatility: $1.18. Volatility stop (for upward breakout): $64.33 or 5.6% below the close.
Change YTD: -9.78%
Volume: 4,208,000 shares. 3 month avg: 3,250,685 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/30/2024 to 06/17/2024
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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Comtech Telecommunications Corp (CMTL)
Industry: Telecom. Equipment
Industry RS rank: 4 out of 60
Stock RS rank: 612 out of 618
6/20/24 close: $3.81
1 Month avg volatility: $0.35. Volatility stop (for upward breakout): $2.97 or 22.1% below the close.
Change YTD: -54.80%
Volume: 10,011,500 shares. 3 month avg: 255,535 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Flag, high and tight continuation pattern from 04/23/2024 to 06/18/2024
WARNING: A dead-cat bounce occurred on 03/13/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 09/11/2024.
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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Conns Inc (CONN)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 60
Stock RS rank: 607 out of 618
6/20/24 close: $2.20
1 Month avg volatility: $0.27. Volatility stop (for downward breakout): $2.90 or 31.9% above the close.
Change YTD: -50.45%
Volume: 329,100 shares. 3 month avg: 567,568 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: Head-and-shoulders top reversal pattern from 05/09/2024 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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CTS Corp (CTS)
Industry: Electronics
Industry RS rank: 35 out of 60
Stock RS rank: 88 out of 618
6/20/24 close: $50.98
1 Month avg volatility: $1.15. Volatility stop (for downward breakout): $53.84 or 5.6% above the close.
Change YTD: 16.55%
Volume: 130,400 shares. 3 month avg: 73,662 shares.
This security may be thinly traded (less than 100k 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 top reversal pattern from 05/22/2024 to 06/05/2024
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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Deckers Outdoor Corp (DECK)
Industry: Shoe
Industry RS rank: 2 out of 60
Stock RS rank: 29 out of 618
6/20/24 close: $989.44
1 Month avg volatility: $26.03. Volatility stop (for downward breakout): $1,064.50 or 7.6% above the close.
Change YTD: 48.02%
Volume: 368,400 shares. 3 month avg: 637,325 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: 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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DJ 20 Transportation (^DJT)
Industry: None
Industry RS rank: 7 out of 60
6/20/24 close: $15,075.66
1 Month avg volatility: $200.95. Volatility stop (for downward breakout): $15,504.35 or 2.8% above the close.
Change YTD: -5.18%
Volume: 76,819,600 shares. 3 month avg: 108,477,034 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 Adam reversal pattern from 06/03/2024 to 06/12/2024
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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DJ 30 Industrials (^DJI)
Industry: None
Industry RS rank: 7 out of 60
6/20/24 close: $39,134.76
1 Month avg volatility: $352.67. Volatility stop (for downward breakout): $39,937.84 or 2.1% above the close.
Change YTD: 3.83%
Volume: 0 shares. Could not calculate the 3 month avg volume.
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 Adam reversal pattern from 06/07/2024 to 06/12/2024
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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DTE Energy Company (DTE)
Industry: Electric Utility (Central)
Industry RS rank: 33 out of 60
Stock RS rank: 360 out of 618
6/20/24 close: $111.12
1 Month avg volatility: $1.75. Volatility stop (for downward breakout): $115.35 or 3.8% above the close.
Change YTD: 0.78%
Volume: 902,000 shares. 3 month avg: 979,609 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: 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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Edison International (EIX)
Industry: Electric Utility (West)
Industry RS rank: 52 out of 60
Stock RS rank: 307 out of 618
6/20/24 close: $71.88
1 Month avg volatility: $1.13. Volatility stop (for downward breakout): $74.44 or 3.6% above the close.
Change YTD: 0.55%
Volume: 1,741,000 shares. 3 month avg: 2,498,883 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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Fair Isaac Corp (FICO)
Industry: IT Services
Industry RS rank: 26 out of 60
Stock RS rank: 91 out of 618
6/20/24 close: $1,412.76
1 Month avg volatility: $35.18. Volatility stop (for upward breakout): $1,331.31 or 5.8% below the close.
Change YTD: 21.37%
Volume: 138,300 shares. 3 month avg: 162,437 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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Gartner Inc (IT)
Industry: IT Services
Industry RS rank: 26 out of 60
Stock RS rank: 355 out of 618
6/20/24 close: $450.48
1 Month avg volatility: $8.39. Volatility stop (for upward breakout): $428.53 or 4.9% below the close.
Change YTD: -0.14%
Volume: 425,600 shares. 3 month avg: 564,655 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: 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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Gilead Sciences Inc (GILD)
Industry: Biotechnology
Industry RS rank: 28 out of 60
Stock RS rank: 512 out of 618
6/20/24 close: $68.49
1 Month avg volatility: $1.45. Volatility stop (for upward breakout): $61.95 or 9.6% below the close.
Change YTD: -15.45%
Volume: 23,876,100 shares. 3 month avg: 8,272,228 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 05/31/2024 to 06/18/2024
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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Globe Life Inc. (GL)
Industry: Insurance (Life)
Industry RS rank: 30 out of 60
Stock RS rank: 597 out of 618
6/20/24 close: $82.57
1 Month avg volatility: $2.55. Volatility stop (for downward breakout): $88.06 or 6.7% above the close.
Change YTD: -32.16%
Volume: 1,250,300 shares. 3 month avg: 643,200 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 05/06/2024 to 05/13/2024
WARNING: A dead-cat bounce occurred on 04/11/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 07/11/2024 and a 38% chance by 10/10/2024.
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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Graco Incorporated (GGG)
Industry: Machinery
Industry RS rank: 19 out of 60
Stock RS rank: 454 out of 618
6/20/24 close: $79.35
1 Month avg volatility: $1.28. Volatility stop (for upward breakout): $76.74 or 3.3% below the close.
Change YTD: -8.54%
Volume: 529,600 shares. 3 month avg: 251,886 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 bottom reversal pattern from 05/29/2024 to 06/14/2024
Breakout is upward 100% of the time.
Average rise: 39%.
Break-even failure rate: 4%.
Throwbacks occur 63% of the time.
Price hits measure rule target 74% of the time.

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Hurco Companies Inc. (HURC)
Industry: Machinery
Industry RS rank: 19 out of 60
Stock RS rank: 579 out of 618
6/20/24 close: $16.48
1 Month avg volatility: $0.48. Volatility stop (for upward breakout): $15.41 or 6.5% below the close.
Change YTD: -23.46%
Volume: 21,800 shares. 3 month avg: 26,271 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: Broadening top, right-angled and descending continuation pattern from 05/06/2024 to 06/03/2024
WARNING: A dead-cat bounce occurred on 03/08/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 09/06/2024.
Breakout is upward 51% of the time.
Average rise: 28%.
Break-even failure rate: 19%.
Throwbacks occur 52% of the time.
Price hits measure rule target 63% of the time.

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Jazz Pharmaceuticals, Inc. (JAZZ)
Industry: Biotechnology
Industry RS rank: 28 out of 60
Stock RS rank: 493 out of 618
6/20/24 close: $107.36
1 Month avg volatility: $2.75. Volatility stop (for upward breakout): $100.51 or 6.4% below the close.
Change YTD: -12.72%
Volume: 1,561,800 shares. 3 month avg: 454,337 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 05/02/2024 to 05/29/2024
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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Labratory Corp of America (LH)
Industry: Medical Services
Industry RS rank: 47 out of 60
Stock RS rank: 443 out of 618
6/20/24 close: $207.38
1 Month avg volatility: $3.86. Volatility stop (for upward breakout): $196.51 or 5.2% below the close.
Change YTD: -8.76%
Volume: 974,400 shares. 3 month avg: 674,168 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 bottom reversal pattern from 05/31/2024 to 06/13/2024
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.

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M/I Homes, Inc. (MHO)
Industry: Homebuilding
Industry RS rank: 46 out of 60
Stock RS rank: 450 out of 618
6/20/24 close: $119.24
1 Month avg volatility: $3.24. Volatility stop (for downward breakout): $128.76 or 8.0% above the close.
Change YTD: -13.43%
Volume: 236,200 shares. 3 month avg: 297,328 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe 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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MACOM Technology Solutions Holdings (MTSI)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 5 out of 60
Stock RS rank: 159 out of 618
6/20/24 close: $105.00
1 Month avg volatility: $2.83. Volatility stop (for upward breakout): $98.92 or 5.8% below the close.
Change YTD: 12.96%
Volume: 466,200 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: Pipe bottom reversal pattern from 04/15/2024 to 04/22/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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MarketAxess Holdings (MKTX)
Industry: Securities Brokerage
Industry RS rank: 22 out of 60
Stock RS rank: 591 out of 618
6/20/24 close: $199.09
1 Month avg volatility: $5.64. Volatility stop (for upward breakout): $183.24 or 8.0% below the close.
Change YTD: -32.02%
Volume: 317,700 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 bottom reversal pattern from 05/31/2024 to 06/20/2024
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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Medtronic Inc (MDT)
Industry: Medical Supplies
Industry RS rank: 51 out of 60
Stock RS rank: 394 out of 618
6/20/24 close: $80.17
1 Month avg volatility: $1.31. Volatility stop (for downward breakout): $82.97 or 3.5% above the close.
Change YTD: -2.68%
Volume: 6,862,700 shares. 3 month avg: 5,761,640 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: 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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Moodys Corp (MCO)
Industry: Information Services
Industry RS rank: 54 out of 60
Stock RS rank: 205 out of 618
6/20/24 close: $422.71
1 Month avg volatility: $5.83. Volatility stop (for upward breakout): $406.25 or 3.9% below the close.
Change YTD: 8.23%
Volume: 761,500 shares. 3 month avg: 714,397 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 05/02/2024 to 05/31/2024
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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Netflix, Inc (NFLX)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 12 out of 60
Stock RS rank: 35 out of 618
6/20/24 close: $679.03
1 Month avg volatility: $14.89. Volatility stop (for downward breakout): $719.67 or 6.0% above the close.
Change YTD: 39.47%
Volume: 2,572,200 shares. 3 month avg: 6,844,629 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Diamond top reversal pattern from 05/21/2024 to 06/11/2024
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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Newell Brands Inc (NWL)
Industry: Household Products
Industry RS rank: 17 out of 60
Stock RS rank: 576 out of 618
6/20/24 close: $6.53
1 Month avg volatility: $0.24. Volatility stop (for downward breakout): $7.15 or 9.5% above the close.
Change YTD: -24.77%
Volume: 4,079,300 shares. 3 month avg: 7,205,206 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, Adam and Adam reversal pattern from 06/03/2024 to 06/12/2024
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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Occidental Petroleum Corp (OXY)
Industry: Petroleum (Producing)
Industry RS rank: 21 out of 60
Stock RS rank: 316 out of 618
6/20/24 close: $62.44
1 Month avg volatility: $1.00. Volatility stop (for upward breakout): $59.43 or 4.8% below the close.
Change YTD: 4.57%
Volume: 10,905,200 shares. 3 month avg: 12,583,708 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, Eve and Eve reversal pattern from 06/04/2024 to 06/14/2024
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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ON Semiconductor Corp (ON)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 5 out of 60
Stock RS rank: 540 out of 618
6/20/24 close: $67.63
1 Month avg volatility: $2.37. Volatility stop (for downward breakout): $74.41 or 10.0% above the close.
Change YTD: -19.04%
Volume: 8,415,200 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 05/22/2024 to 06/12/2024
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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Paypal Holdings, Inc (PYPL)
Industry: Financial Services
Industry RS rank: 18 out of 60
Stock RS rank: 416 out of 618
6/20/24 close: $59.80
1 Month avg volatility: $1.57. Volatility stop (for downward breakout): $63.13 or 5.6% above the close.
Change YTD: -2.62%
Volume: 11,657,200 shares. 3 month avg: 21,592,165 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 top reversal pattern from 03/27/2024 to 06/07/2024
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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Quest Diagnostics (DGX)
Industry: Medical Services
Industry RS rank: 47 out of 60
Stock RS rank: 345 out of 618
6/20/24 close: $138.20
1 Month avg volatility: $2.02. Volatility stop (for downward breakout): $142.34 or 3.0% above the close.
Change YTD: 0.23%
Volume: 714,300 shares. 3 month avg: 1,490,418 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 top reversal pattern from 04/29/2024 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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Range Resources Corp (RRC)
Industry: Petroleum (Producing)
Industry RS rank: 21 out of 60
Stock RS rank: 157 out of 618
6/20/24 close: $34.06
1 Month avg volatility: $1.08. Volatility stop (for downward breakout): $36.50 or 7.2% above the close.
Change YTD: 11.89%
Volume: 2,483,600 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 04/25/2024 to 06/12/2024
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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Raymond James Financial, Inc. (RJF)
Industry: Securities Brokerage
Industry RS rank: 22 out of 60
Stock RS rank: 277 out of 618
6/20/24 close: $119.06
1 Month avg volatility: $2.01. Volatility stop (for downward breakout): $123.17 or 3.5% above the close.
Change YTD: 6.78%
Volume: 1,184,800 shares. 3 month avg: 692,654 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 04/24/2024 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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Sempra Energy (SRE)
Industry: Electric Utility (West)
Industry RS rank: 52 out of 60
Stock RS rank: 332 out of 618
6/20/24 close: $75.48
1 Month avg volatility: $1.14. Volatility stop (for upward breakout): $72.54 or 3.9% below the close.
Change YTD: 1.00%
Volume: 1,838,000 shares. 3 month avg: 1,356,452 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 05/21/2024 to 06/17/2024
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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Southwestern Energy Company (SWN)
Industry: Natural Gas (Diversified)
Industry RS rank: 13 out of 60
Stock RS rank: 275 out of 618
6/20/24 close: $6.77
1 Month avg volatility: $0.16. Volatility stop (for downward breakout): $7.13 or 5.4% above the close.
Change YTD: 3.36%
Volume: 16,627,100 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: Double Top, Eve and Adam reversal pattern from 05/16/2024 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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Teleflex Inc (TFX)
Industry: Diversified Co.
Industry RS rank: 48 out of 60
Stock RS rank: 548 out of 618
6/20/24 close: $202.08
1 Month avg volatility: $4.62. Volatility stop (for downward breakout): $212.64 or 5.2% above the close.
Change YTD: -18.95%
Volume: 657,400 shares. 3 month avg: 269,822 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 05/15/2024 to 06/06/2024
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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Tractor Supply Co (TSCO)
Industry: Retail Building Supply
Industry RS rank: 25 out of 60
Stock RS rank: 50 out of 618
6/20/24 close: $280.23
1 Month avg volatility: $5.86. Volatility stop (for upward breakout): $268.22 or 4.3% below the close.
Change YTD: 30.32%
Volume: 1,758,900 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: Pipe bottom reversal pattern from 06/03/2024 to 06/10/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Visa (V)
Industry: Financial Services
Industry RS rank: 18 out of 60
Stock RS rank: 250 out of 618
6/20/24 close: $276.82
1 Month avg volatility: $3.55. Volatility stop (for upward breakout): $266.01 or 3.9% below the close.
Change YTD: 6.33%
Volume: 10,019,000 shares. 3 month avg: 6,911,166 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 05/03/2024 to 06/20/2024
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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Wolverine World Wide (WWW)
Industry: Shoe
Industry RS rank: 2 out of 60
Stock RS rank: 12 out of 618
6/20/24 close: $13.90
1 Month avg volatility: $0.47. Volatility stop (for downward breakout): $14.87 or 7.0% above the close.
Change YTD: 56.36%
Volume: 1,120,600 shares. 3 month avg: 772,149 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: Horn top reversal pattern from 05/13/2024 to 05/28/2024
Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

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iShares Expanded Tech-software Sector (IGV)
Industry: Computer Software and Svcs
Industry RS rank: 45 out of 60
Stock RS rank: 305 out of 618
6/20/24 close: $83.93
1 Month avg volatility: $1.15. Volatility stop (for upward breakout): $81.40 or 3.0% below the close.
Change YTD: 3.45%
Volume: 2,879,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 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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