As of 10/21/2024
Indus: 42,932 -344.31 -0.8%
Trans: 16,190 -193.01 -1.2%
Utils: 1,061 -6.15 -0.6%
Nasdaq: 18,540 +50.49 +0.3%
S&P 500: 5,854 -10.69 -0.2%
|
YTD
+13.9%
+1.8%
+20.3%
+23.5%
+22.7%
|
 43,500 or 41,600 by 11/01/202416,800 or 15,700 by 11/01/20241,075 or 1,000 by 11/01/202419,000 or 17,600 by 11/01/20245,900 or 5,675 by 11/01/2024 |
As of 10/21/2024
Indus: 42,932 -344.31 -0.8%
Trans: 16,190 -193.01 -1.2%
Utils: 1,061 -6.15 -0.6%
Nasdaq: 18,540 +50.49 +0.3%
S&P 500: 5,854 -10.69 -0.2%
|
YTD
+13.9%
+1.8%
+20.3%
+23.5%
+22.7%
| |
|
43,500 or 41,600 by 11/01/202416,800 or 15,700 by 11/01/20241,075 or 1,000 by 11/01/202419,000 or 17,600 by 11/01/20245,900 or 5,675 by 11/01/2024 | ||
Copyright © 2024 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: ElectronicsIndustry RS rank: 37 out of 60Stock RS rank: 610 out of 6186/27/24 close: $3.071 Month avg volatility: $0.22. Volatility stop (for downward breakout): $3.61 or 17.7% above the close.Change YTD: -51.65%Volume: 1,787,100 shares. 3 month avg: 3,031,971 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.Chart pattern: Pipe top reversal pattern from 06/03/2024 to 06/10/2024WARNING: A dead-cat bounce occurred on 02/28/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/28/2024.Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: BiotechnologyIndustry RS rank: 31 out of 60Stock RS rank: 190 out of 6186/27/24 close: $313.691 Month avg volatility: $5.53. Volatility stop (for upward breakout): $299.65 or 4.5% below the close.Change YTD: 8.91%Volume: 2,080,400 shares. 3 month avg: 2,770,322 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 05/30/2024 to 06/13/2024Breakout 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.
Industry: Insurance (Life)Industry RS rank: 30 out of 60Stock RS rank: 290 out of 6186/27/24 close: $77.171 Month avg volatility: $1.38. Volatility stop (for upward breakout): $72.58 or 6.0% below the close.Change YTD: 3.13%Volume: 293,700 shares. 3 month avg: 1,068,715 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 bottom reversal pattern from 05/15/2024 to 06/27/2024Breakout is upward 53% of the time.Average rise: 27%.Break-even failure rate: 10%.Throwbacks occur 41% of the time.Price hits measure rule target 59% of the time.
Industry: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 558 out of 6186/27/24 close: $52.101 Month avg volatility: $1.57. Volatility stop (for downward breakout): $57.32 or 10.0% above the close.Change YTD: -20.02%Volume: 555,500 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: Double Top, Adam and Eve reversal pattern from 06/12/2024 to 06/24/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: Aerospace/DefenseIndustry RS rank: 25 out of 60Stock RS rank: 589 out of 6186/27/24 close: $182.511 Month avg volatility: $4.75. Volatility stop (for upward breakout): $168.51 or 7.7% below the close.Change YTD: -29.98%Volume: 8,141,000 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: Double Bottom, Adam and Adam reversal pattern from 06/20/2024 to 06/25/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Information ServicesIndustry RS rank: 54 out of 60Stock RS rank: 380 out of 6186/27/24 close: $199.211 Month avg volatility: $2.96. Volatility stop (for upward breakout): $192.45 or 3.4% below the close.Change YTD: -3.18%Volume: 433,500 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 Eve reversal pattern from 05/30/2024 to 06/14/2024Breakout 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.
Industry: Food ProcessingIndustry RS rank: 38 out of 60Stock RS rank: 234 out of 6186/27/24 close: $60.481 Month avg volatility: $1.35. Volatility stop (for upward breakout): $57.45 or 5.0% below the close.Change YTD: 5.38%Volume: 389,600 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 Bottom, Eve and Adam reversal pattern from 06/10/2024 to 06/21/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: BiotechnologyIndustry RS rank: 31 out of 60Stock RS rank: 163 out of 6186/27/24 close: $227.961 Month avg volatility: $3.95. Volatility stop (for upward breakout): $215.57 or 5.4% below the close.Change YTD: 10.99%Volume: 3,534,500 shares. 3 month avg: 798,808 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Ugly double bottom reversal pattern from 05/29/2024 to 06/12/2024Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Precision InstrumentIndustry RS rank: 43 out of 60Stock RS rank: 187 out of 6186/27/24 close: $46.521 Month avg volatility: $1.19. Volatility stop (for upward breakout): $43.63 or 6.2% below the close.Change YTD: 11.45%Volume: 713,300 shares. 3 month avg: 1,157,365 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 06/03/2024 to 06/10/2024Breakout 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.
Industry: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 3 out of 60Stock RS rank: 616 out of 6186/27/24 close: $1.211 Month avg volatility: $0.30. Volatility stop (for downward breakout): $2.23 or 85.0% above the close.Change YTD: -72.86%Volume: 1,782,900 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: Dead-cat bounce continuation pattern from 06/24/2024 to 06/27/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Petroleum (Producing)Industry RS rank: 17 out of 60Stock RS rank: 64 out of 6186/27/24 close: $199.191 Month avg volatility: $3.77. Volatility stop (for upward breakout): $189.10 or 5.1% below the close.Change YTD: 28.44%Volume: 1,026,900 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: Double Bottom, Adam and Adam reversal pattern from 06/04/2024 to 06/17/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: NoneIndustry RS rank: 5 out of 606/27/24 close: $15,265.971 Month avg volatility: $215.38. Volatility stop (for upward breakout): $14,777.37 or 3.2% below the close.Change YTD: -3.98%Volume: 91,485,800 shares. 3 month avg: 109,970,905 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Broadening bottom reversal pattern from 05/29/2024 to 06/26/2024Breakout is upward 53% of the time.Average rise: 27%.Break-even failure rate: 10%.Throwbacks occur 41% of the time.Price hits measure rule target 59% of the time.
Industry: Electric Utility (East)Industry RS rank: 23 out of 60Stock RS rank: 275 out of 6186/27/24 close: $100.591 Month avg volatility: $1.49. Volatility stop (for downward breakout): $103.87 or 3.3% above the close.Change YTD: 3.66%Volume: 2,357,700 shares. 3 month avg: 2,571,354 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 Adam reversal pattern from 05/21/2024 to 06/04/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 10 out of 60Stock RS rank: 173 out of 6186/27/24 close: $108.291 Month avg volatility: $1.97. Volatility stop (for downward breakout): $112.27 or 3.7% above the close.Change YTD: 11.26%Volume: 3,463,700 shares. 3 month avg: 3,118,612 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: Broadening top, right-angled and ascending reversal pattern from 06/06/2024 to 06/27/2024Breakout is downward 66% of the time.Average decline: 15%.Break-even failure rate: 20%.Pullbacks occur 65% of the time.Price hits measure rule target 32% of the time.
Industry: Natural Gas (Distributor)Industry RS rank: 40 out of 60Stock RS rank: 342 out of 6186/27/24 close: $124.551 Month avg volatility: $2.58. Volatility stop (for upward breakout): $118.51 or 4.9% below the close.Change YTD: 2.98%Volume: 1,725,200 shares. 3 month avg: 2,618,102 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/04/2024 to 06/14/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Air TransportIndustry RS rank: 41 out of 60Stock RS rank: 367 out of 6186/27/24 close: $125.991 Month avg volatility: $2.16. Volatility stop (for upward breakout): $121.36 or 3.7% below the close.Change YTD: -0.95%Volume: 983,400 shares. 3 month avg: 1,055,643 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: Three Rising Valleys reversal pattern from 05/01/2024 to 06/14/2024Breakout is upward 100% of the time.Average rise: 41%.Break-even failure rate: 5%.Throwbacks occur 60% of the time.Price hits measure rule target 58% of the time.
Industry: IT ServicesIndustry RS rank: 20 out of 60Stock RS rank: 63 out of 6186/27/24 close: $1,477.511 Month avg volatility: $32.51. Volatility stop (for upward breakout): $1,404.95 or 4.9% below the close.Change YTD: 26.93%Volume: 150,200 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: Ugly double bottom reversal pattern from 04/26/2024 to 05/31/2024Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: MachineryIndustry RS rank: 22 out of 60Stock RS rank: 121 out of 6186/27/24 close: $47.851 Month avg volatility: $0.86. Volatility stop (for upward breakout): $45.73 or 4.4% below the close.Change YTD: 16.08%Volume: 761,500 shares. 3 month avg: 1,457,883 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 wedge, descending reversal pattern from 05/22/2024 to 06/24/2024Breakout is upward 79% of the time.Average rise: 33%.Break-even failure rate: 6%.Throwbacks occur 53% of the time.Price hits measure rule target 79% of the time.
Industry: Trucking/Transp. LeasingIndustry RS rank: 56 out of 60Stock RS rank: 527 out of 6186/27/24 close: $12.081 Month avg volatility: $0.28. Volatility stop (for upward breakout): $11.40 or 5.6% below the close.Change YTD: -15.29%Volume: 255,800 shares. 3 month avg: 472,148 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: Ugly double bottom reversal pattern from 04/30/2024 to 05/29/2024Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Human ResourcesIndustry RS rank: 59 out of 60Stock RS rank: 456 out of 6186/27/24 close: $61.811 Month avg volatility: $1.22. Volatility stop (for upward breakout): $58.50 or 5.4% below the close.Change YTD: -8.51%Volume: 89,300 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 Thursday.Chart pattern: Head-and-shoulders bottom reversal pattern from 05/30/2024 to 06/17/2024Breakout is upward 100% of the time.Average rise: 38%.Break-even failure rate: 3%.Throwbacks occur 45% of the time.Price hits measure rule target 74% of the time.
Industry: HomebuildingIndustry RS rank: 50 out of 60Stock RS rank: 347 out of 6186/27/24 close: $149.121 Month avg volatility: $3.54. Volatility stop (for downward breakout): $156.64 or 5.1% above the close.Change YTD: 0.05%Volume: 1,796,300 shares. 3 month avg: 3,465,638 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 Top, Eve and Adam reversal pattern from 06/03/2024 to 06/12/2024Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 15 out of 60Stock RS rank: 199 out of 6186/27/24 close: $75.261 Month avg volatility: $1.11. Volatility stop (for upward breakout): $72.45 or 3.7% below the close.Change YTD: 8.15%Volume: 510,300 shares. 3 month avg: 755,243 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 05/29/2024 to 06/14/2024Breakout 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.
Industry: HomebuildingIndustry RS rank: 50 out of 60Stock RS rank: 490 out of 6186/27/24 close: $119.591 Month avg volatility: $3.27. Volatility stop (for upward breakout): $112.08 or 6.3% below the close.Change YTD: -13.18%Volume: 113,100 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: Broadening bottom reversal pattern from 05/23/2024 to 06/21/2024Breakout is upward 53% of the time.Average rise: 27%.Break-even failure rate: 10%.Throwbacks occur 41% of the time.Price hits measure rule target 59% of the time.
Industry: Financial ServicesIndustry RS rank: 24 out of 60Stock RS rank: 277 out of 6186/27/24 close: $442.751 Month avg volatility: $5.81. Volatility stop (for upward breakout): $430.38 or 2.8% below the close.Change YTD: 3.81%Volume: 3,291,500 shares. 3 month avg: 2,793,240 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 06/03/2024 to 06/13/2024Breakout 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.
Industry: Chemical (Diversified)Industry RS rank: 55 out of 60Stock RS rank: 546 out of 6186/27/24 close: $29.521 Month avg volatility: $0.80. Volatility stop (for upward breakout): $27.77 or 5.9% below the close.Change YTD: -17.38%Volume: 4,118,400 shares. 3 month avg: 3,876,172 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.Chart pattern: Pipe bottom reversal pattern from 06/10/2024 to 06/17/2024Breakout 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.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 57 out of 60Stock RS rank: 532 out of 6186/27/24 close: $70.341 Month avg volatility: $2.98. Volatility stop (for upward breakout): $63.05 or 10.4% below the close.Change YTD: -13.83%Volume: 189,600 shares. 3 month avg: 10,861,705 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: Pipe bottom reversal pattern from 06/10/2024 to 06/17/2024Breakout 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.
Industry: E-CommerceIndustry RS rank: 21 out of 60Stock RS rank: 90 out of 6186/27/24 close: $56.471 Month avg volatility: $2.21. Volatility stop (for upward breakout): $50.16 or 11.2% below the close.Change YTD: 18.41%Volume: 2,533,900 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: Double Bottom, Eve and Eve reversal pattern from 06/07/2024 to 06/20/2024WARNING: A dead-cat bounce occurred on 05/30/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 08/29/2024 and a 38% chance by 11/28/2024.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.
Industry: E-CommerceIndustry RS rank: 21 out of 60Stock RS rank: 588 out of 6186/27/24 close: $29.851 Month avg volatility: $0.68. Volatility stop (for upward breakout): $27.66 or 7.3% below the close.Change YTD: -28.96%Volume: 441,200 shares. 3 month avg: 520,157 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 06/03/2024 to 06/10/2024WARNING: A dead-cat bounce occurred on 05/03/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 08/02/2024 and a 38% chance by 11/01/2024.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.
Industry: IT ServicesIndustry RS rank: 20 out of 60Stock RS rank: 361 out of 6186/27/24 close: $117.841 Month avg volatility: $2.36. Volatility stop (for downward breakout): $122.91 or 4.3% above the close.Change YTD: -1.07%Volume: 2,593,300 shares. 3 month avg: 1,495,946 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Adam and Adam reversal pattern from 05/22/2024 to 06/24/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Electric Utility (West)Industry RS rank: 48 out of 60Stock RS rank: 223 out of 6186/27/24 close: $75.941 Month avg volatility: $1.29. Volatility stop (for downward breakout): $78.86 or 3.8% above the close.Change YTD: 5.71%Volume: 1,139,500 shares. 3 month avg: 750,734 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Eve and Eve reversal pattern from 05/21/2024 to 05/31/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 11%.Pullbacks occur 59% of the time.Price hits measure rule target 73% of the time.
Industry: Insurance (Prop/Casualty)Industry RS rank: 15 out of 60Stock RS rank: 38 out of 6186/27/24 close: $211.351 Month avg volatility: $3.77. Volatility stop (for upward breakout): $200.23 or 5.3% below the close.Change YTD: 32.69%Volume: 1,718,700 shares. 3 month avg: 3,017,600 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: Multi-peaks from 03/18/2024 to 06/27/2024
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 10 out of 60Stock RS rank: 5 out of 6186/27/24 close: $65.181 Month avg volatility: $2.53. Volatility stop (for downward breakout): $70.79 or 8.6% above the close.Change YTD: 82.78%Volume: 2,832,400 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe top reversal pattern from 06/10/2024 to 06/17/2024Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: ApparelIndustry RS rank: 4 out of 60Stock RS rank: 83 out of 6186/27/24 close: $175.871 Month avg volatility: $4.37. Volatility stop (for downward breakout): $187.99 or 6.9% above the close.Change YTD: 21.96%Volume: 777,100 shares. 3 month avg: 933,391 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: Head-and-shoulders top reversal pattern from 05/31/2024 to 06/25/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Aerospace/DefenseIndustry RS rank: 25 out of 60Stock RS rank: 91 out of 6186/27/24 close: $100.621 Month avg volatility: $1.63. Volatility stop (for downward breakout): $105.03 or 4.4% above the close.Change YTD: 19.59%Volume: 6,923,800 shares. 3 month avg: 4,671,166 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: Head-and-shoulders top reversal pattern from 05/23/2024 to 06/24/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Toiletries/CosmeticsIndustry RS rank: 60 out of 60Stock RS rank: 2 out of 6186/27/24 close: $24.001 Month avg volatility: $1.39. Volatility stop (for upward breakout): $16.24 or 32.4% below the close.Change YTD: 153.97%Volume: 865,100 shares. 3 month avg: 193,511 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: Flag, high and tight continuation pattern from 06/07/2024 to 06/27/2024Breakout is upward 100% of the time.Average rise: 69%.Throwbacks occur 54% of the time.Price hits measure rule target 90% of the time.
Industry: Trucking/Transp. LeasingIndustry RS rank: 56 out of 60Stock RS rank: 271 out of 6186/27/24 close: $122.541 Month avg volatility: $2.35. Volatility stop (for upward breakout): $117.22 or 4.3% below the close.Change YTD: 6.50%Volume: 224,300 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 bottom reversal pattern from 05/28/2024 to 06/12/2024Breakout is upward 53% of the time.Average rise: 27%.Break-even failure rate: 10%.Throwbacks occur 41% of the time.Price hits measure rule target 59% of the time.
Industry: E-CommerceIndustry RS rank: 21 out of 60Stock RS rank: 422 out of 6186/27/24 close: $252.851 Month avg volatility: $7.19. Volatility stop (for upward breakout): $230.06 or 9.0% below the close.Change YTD: -3.91%Volume: 12,408,800 shares. 3 month avg: 4,417,257 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Ugly double bottom reversal pattern from 05/30/2024 to 06/17/2024WARNING: A dead-cat bounce occurred on 05/30/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 08/29/2024 and a 38% chance by 11/28/2024.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.
Industry: Oilfield Svcs/EquipmentIndustry RS rank: 57 out of 60Stock RS rank: 475 out of 6186/27/24 close: $47.011 Month avg volatility: $1.07. Volatility stop (for upward breakout): $44.25 or 5.9% below the close.Change YTD: -9.67%Volume: 9,941,600 shares. 3 month avg: 8,320,412 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 Bottom, Eve and Adam reversal pattern from 06/06/2024 to 06/14/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: Packaging and ContainerIndustry RS rank: 33 out of 60Stock RS rank: 390 out of 6186/27/24 close: $35.181 Month avg volatility: $0.94. Volatility stop (for downward breakout): $37.37 or 6.2% above the close.Change YTD: -3.67%Volume: 953,700 shares. 3 month avg: 2,419,223 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 05/17/2024 to 06/12/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: IT ServicesIndustry RS rank: 20 out of 60Stock RS rank: 340 out of 6186/27/24 close: $64.341 Month avg volatility: $0.99. Volatility stop (for upward breakout): $62.08 or 3.5% below the close.Change YTD: 1.24%Volume: 602,300 shares. 3 month avg: 571,423 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/10/2024 to 06/17/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: IT ServicesIndustry RS rank: 20 out of 60Stock RS rank: 185 out of 6186/27/24 close: $774.131 Month avg volatility: $17.63. Volatility stop (for upward breakout): $721.41 or 6.8% below the close.Change YTD: 9.57%Volume: 1,157,300 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 bottom reversal pattern from 05/28/2024 to 06/03/2024Breakout 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.
Industry: ShoeIndustry RS rank: 1 out of 60Stock RS rank: 165 out of 6186/27/24 close: $69.841 Month avg volatility: $1.57. Volatility stop (for downward breakout): $74.80 or 7.1% above the close.Change YTD: 12.03%Volume: 2,079,500 shares. 3 month avg: 3,234,920 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 06/12/2024 to 06/25/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 35 out of 60Stock RS rank: 426 out of 6186/27/24 close: $12.941 Month avg volatility: $0.45. Volatility stop (for upward breakout): $11.93 or 7.8% below the close.Change YTD: -4.29%Volume: 596,900 shares. 3 month avg: 708,518 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/10/2024 to 06/20/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Metals and Mining (Div.)Industry RS rank: 18 out of 60Stock RS rank: 266 out of 6186/27/24 close: $52.981 Month avg volatility: $1.24. Volatility stop (for downward breakout): $55.93 or 5.6% above the close.Change YTD: 7.38%Volume: 754,800 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, descending reversal pattern from 06/04/2024 to 06/27/2024Breakout 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.
Industry: Computer Software and SvcsIndustry RS rank: 36 out of 60Stock RS rank: 539 out of 6186/27/24 close: $223.361 Month avg volatility: $4.68. Volatility stop (for upward breakout): $207.91 or 6.9% below the close.Change YTD: -19.09%Volume: 1,972,700 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: Double Bottom, Adam and Eve reversal pattern from 05/30/2024 to 06/13/2024Breakout 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.
Support this site! Clicking any of the books (below) takes you to
Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."
|
My Stock Market Books
|
My Novels
|
on