As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
|
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,200 or 1,000 by 12/01/2024
20,000 or 18,400 by 12/01/2024
6,100 or 5,800 by 12/01/2024
|
As of 11/22/2024
Indus: 44,297 +426.16 +1.0%
Trans: 17,367 +194.86 +1.1%
Utils: 1,067 -8.74 -0.8%
Nasdaq: 19,004 +31.23 +0.2%
S&P 500: 5,969 +20.63 +0.3%
|
YTD
+17.5%
+9.2%
+21.0%
+26.6%
+25.1%
| |
46,000 or 43,000 by 12/01/2024
18,000 or 16,600 by 12/01/2024
1,200 or 1,000 by 12/01/2024
20,000 or 18,400 by 12/01/2024
6,100 or 5,800 by 12/01/2024
| ||
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: ApparelIndustry RS rank: 3 out of 60Stock RS rank: 4 out of 6177/11/24 close: $173.791 Month avg volatility: $7.47. Volatility stop (for downward breakout): $192.35 or 10.7% above the close.Change YTD: 97.00%Volume: 2,265,600 shares. 3 month avg: 2,821,334 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: Triangle, descending reversal pattern from 06/04/2024 to 07/10/2024Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 103 out of 6177/11/24 close: $181.941 Month avg volatility: $5.99. Volatility stop (for upward breakout): $165.26 or 9.2% below the close.Change YTD: 23.42%Volume: 58,907,200 shares. 3 month avg: 61,894,658 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, Eve and Adam reversal pattern from 06/18/2024 to 07/01/2024Breakout 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: Aerospace/DefenseIndustry RS rank: 32 out of 60Stock RS rank: 94 out of 6177/11/24 close: $39.181 Month avg volatility: $1.34. Volatility stop (for upward breakout): $35.67 or 9.0% below the close.Change YTD: 15.24%Volume: 7,852,300 shares. 3 month avg: 8,355,648 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: 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: ApparelIndustry RS rank: 3 out of 60Stock RS rank: 415 out of 6177/11/24 close: $21.211 Month avg volatility: $0.58. Volatility stop (for upward breakout): $19.35 or 8.8% below the close.Change YTD: 0.24%Volume: 5,904,400 shares. 3 month avg: 4,309,748 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 06/20/2024 to 07/05/2024Breakout 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 (Prop/Casualty)Industry RS rank: 27 out of 60Stock RS rank: 186 out of 6177/11/24 close: $76.961 Month avg volatility: $1.28. Volatility stop (for upward breakout): $73.45 or 4.6% below the close.Change YTD: 13.59%Volume: 3,224,400 shares. 3 month avg: 5,185,998 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 06/17/2024 to 06/26/2024Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 27 out of 60Stock RS rank: 82 out of 6177/11/24 close: $97.001 Month avg volatility: $1.75. Volatility stop (for downward breakout): $101.08 or 4.2% above the close.Change YTD: 30.60%Volume: 1,700,700 shares. 3 month avg: 517,168 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Double Top, Eve and Eve reversal pattern from 05/23/2024 to 06/25/2024Breakout 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: Chemical (Basic)Industry RS rank: 48 out of 60Stock RS rank: 162 out of 6177/11/24 close: $94.721 Month avg volatility: $1.72. Volatility stop (for upward breakout): $90.83 or 4.1% below the close.Change YTD: 12.35%Volume: 215,200 shares. 3 month avg: 610,854 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 07/02/2024 to 07/09/2024Breakout 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: Insurance (Life)Industry RS rank: 29 out of 60Stock RS rank: 283 out of 6177/11/24 close: $81.091 Month avg volatility: $1.48. Volatility stop (for downward breakout): $84.35 or 4.0% above the close.Change YTD: 8.37%Volume: 212,100 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: Rising wedge reversal pattern from 06/06/2024 to 07/08/2024Breakout is downward 69% of the time.Average decline: 14%.Break-even failure rate: 24%.Pullbacks occur 63% of the time.Price hits measure rule target 46% of the time.
Industry: Packaging and ContainerIndustry RS rank: 39 out of 60Stock RS rank: 226 out of 6177/11/24 close: $217.841 Month avg volatility: $3.75. Volatility stop (for upward breakout): $209.93 or 3.6% below the close.Change YTD: 7.76%Volume: 435,100 shares. 3 month avg: 661,129 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 07/02/2024 to 07/09/2024Breakout 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: Electric Utility (West)Industry RS rank: 50 out of 60Stock RS rank: 409 out of 6177/11/24 close: $35.691 Month avg volatility: $0.54. Volatility stop (for upward breakout): $33.64 or 5.7% below the close.Change YTD: -0.14%Volume: 414,200 shares. 3 month avg: 396,820 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 06/21/2024 to 07/09/2024Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 27 out of 60Stock RS rank: 81 out of 6177/11/24 close: $70.371 Month avg volatility: $1.14. Volatility stop (for upward breakout): $67.23 or 4.5% below the close.Change YTD: 27.09%Volume: 323,300 shares. 3 month avg: 808,385 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.Chart pattern: Triangle, symmetrical continuation pattern from 06/14/2024 to 07/11/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Medical SuppliesIndustry RS rank: 54 out of 60Stock RS rank: 526 out of 6177/11/24 close: $35.221 Month avg volatility: $0.72. Volatility stop (for upward breakout): $33.03 or 6.2% below the close.Change YTD: -8.90%Volume: 4,173,400 shares. 3 month avg: 2,457,589 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 06/11/2024 to 07/02/2024Breakout 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: Electric Utility (Central)Industry RS rank: 36 out of 60Stock RS rank: 381 out of 6177/11/24 close: $29.681 Month avg volatility: $0.51. Volatility stop (for downward breakout): $31.13 or 4.9% above the close.Change YTD: 3.89%Volume: 7,498,400 shares. 3 month avg: 2,845,400 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 06/12/2024 to 07/01/2024Breakout 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: Telecom. EquipmentIndustry RS rank: 6 out of 60Stock RS rank: 412 out of 6177/11/24 close: $47.921 Month avg volatility: $1.10. Volatility stop (for upward breakout): $45.27 or 5.5% below the close.Change YTD: 6.47%Volume: 611,300 shares. 3 month avg: 3,226,991 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Triangle, symmetrical continuation pattern from 06/13/2024 to 07/11/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Financial ServicesIndustry RS rank: 26 out of 60Stock RS rank: 142 out of 6177/11/24 close: $131.481 Month avg volatility: $2.73. Volatility stop (for downward breakout): $137.03 or 4.2% above the close.Change YTD: 16.98%Volume: 700,400 shares. 3 month avg: 2,443,809 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: Broadening wedge, ascending reversal pattern from 05/29/2024 to 06/27/2024Breakout is downward 73% of the time.Average decline: 17%.Break-even failure rate: 11%.Pullbacks occur 57% of the time.Price hits measure rule target 58% of the time.
Industry: Metal FabricatingIndustry RS rank: 34 out of 60Stock RS rank: 387 out of 6177/11/24 close: $30.641 Month avg volatility: $0.96. Volatility stop (for upward breakout): $27.41 or 10.6% below the close.Change YTD: -2.92%Volume: 53,300 shares. 3 month avg: 11,408 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 Friday.Chart pattern: Triangle, symmetrical continuation pattern from 04/28/2023 to 05/26/2023Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: NoneIndustry RS rank: 7 out of 607/11/24 close: $938.721 Month avg volatility: $11.12. Volatility stop (for upward breakout): $900.45 or 4.1% below the close.Change YTD: 6.47%Volume: 53,635,700 shares. 3 month avg: 57,007,655 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 bottom reversal pattern from 06/26/2024 to 07/08/2024Breakout 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.
Industry: Cement and AggregatesIndustry RS rank: 21 out of 60Stock RS rank: 230 out of 6177/11/24 close: $227.351 Month avg volatility: $5.25. Volatility stop (for upward breakout): $208.91 or 8.1% below the close.Change YTD: 12.08%Volume: 335,500 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 Thursday.Chart pattern: Triple bottom reversal pattern from 06/25/2024 to 07/09/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 4 out of 60Stock RS rank: 121 out of 6177/11/24 close: $114.151 Month avg volatility: $1.88. Volatility stop (for upward breakout): $107.68 or 5.7% below the close.Change YTD: 17.28%Volume: 2,161,700 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: Triple bottom reversal pattern from 06/06/2024 to 06/26/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: IT ServicesIndustry RS rank: 23 out of 60Stock RS rank: 600 out of 6177/11/24 close: $189.171 Month avg volatility: $4.33. Volatility stop (for upward breakout): $174.89 or 7.6% below the close.Change YTD: -36.38%Volume: 653,700 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 06/18/2024 to 07/10/2024WARNING: 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: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Financial ServicesIndustry RS rank: 26 out of 60Stock RS rank: 144 out of 6177/11/24 close: $10.131 Month avg volatility: $0.24. Volatility stop (for downward breakout): $10.62 or 4.9% above the close.Change YTD: 15.90%Volume: 349,800 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 Eve reversal pattern from 06/03/2024 to 07/01/2024Breakout 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: Industrial ServicesIndustry RS rank: 10 out of 60Stock RS rank: 330 out of 6177/11/24 close: $74.951 Month avg volatility: $1.24. Volatility stop (for downward breakout): $78.03 or 4.1% above the close.Change YTD: 1.79%Volume: 1,309,000 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 ascending reversal pattern from 06/12/2024 to 07/11/2024Breakout 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: Metals and Mining (Div.)Industry RS rank: 11 out of 60Stock RS rank: 89 out of 6177/11/24 close: $51.511 Month avg volatility: $1.25. Volatility stop (for upward breakout): $48.44 or 6.0% below the close.Change YTD: 21.00%Volume: 8,116,800 shares. 3 month avg: 11,955,349 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 bottom reversal pattern from 06/04/2024 to 07/02/2024Breakout 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: Insurance (Life)Industry RS rank: 29 out of 60Stock RS rank: 589 out of 6177/11/24 close: $85.231 Month avg volatility: $1.90. Volatility stop (for upward breakout): $79.58 or 6.6% below the close.Change YTD: -29.98%Volume: 732,900 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: Head-and-shoulders bottom reversal pattern from 05/24/2024 to 07/09/2024WARNING: A dead-cat bounce occurred on 04/11/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 10/10/2024.Breakout is upward 100% of the time.Average rise: 38%.Break-even failure rate: 3%.Throwbacks occur 45% of the time.Price hits measure rule target 74% of the time.
Industry: Healthcare InformationIndustry RS rank: 56 out of 60Stock RS rank: 303 out of 6177/11/24 close: $75.731 Month avg volatility: $2.42. Volatility stop (for downward breakout): $84.03 or 11.0% above the close.Change YTD: 14.22%Volume: 1,354,600 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 06/12/2024 to 07/01/2024Breakout 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: Metals and Mining (Div.)Industry RS rank: 11 out of 60Stock RS rank: 40 out of 6177/11/24 close: $5.931 Month avg volatility: $0.18. Volatility stop (for upward breakout): $5.29 or 10.8% below the close.Change YTD: 23.28%Volume: 11,951,600 shares. 3 month avg: 4,539,271 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 06/24/2024 to 07/01/2024Breakout 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: Petroleum (Producing)Industry RS rank: 8 out of 60Stock RS rank: 233 out of 6177/11/24 close: $37.191 Month avg volatility: $0.94. Volatility stop (for upward breakout): $34.40 or 7.5% below the close.Change YTD: 2.68%Volume: 1,087,600 shares. 3 month avg: 1,326,055 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.Chart pattern: Ugly double bottom reversal pattern from 06/14/2024 to 07/09/2024Breakout 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: Medical SuppliesIndustry RS rank: 54 out of 60Stock RS rank: 481 out of 6177/11/24 close: $149.701 Month avg volatility: $1.98. Volatility stop (for upward breakout): $144.68 or 3.4% below the close.Change YTD: -4.49%Volume: 6,294,300 shares. 3 month avg: 5,464,417 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 06/27/2024 to 07/05/2024Breakout 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: Human ResourcesIndustry RS rank: 58 out of 60Stock RS rank: 339 out of 6177/11/24 close: $20.961 Month avg volatility: $0.51. Volatility stop (for downward breakout): $22.10 or 5.5% above the close.Change YTD: -3.05%Volume: 198,400 shares. 3 month avg: 154,286 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 top reversal pattern from 06/17/2024 to 06/24/2024Breakout 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: Aerospace/DefenseIndustry RS rank: 32 out of 60Stock RS rank: 191 out of 6177/11/24 close: $230.341 Month avg volatility: $2.73. Volatility stop (for upward breakout): $221.93 or 3.7% below the close.Change YTD: 9.36%Volume: 822,000 shares. 3 month avg: 1,243,274 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 Adam reversal pattern from 05/29/2024 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: Furn/Home FurnishingsIndustry RS rank: 46 out of 60Stock RS rank: 611 out of 6177/11/24 close: $12.141 Month avg volatility: $0.52. Volatility stop (for upward breakout): $10.41 or 14.3% below the close.Change YTD: -53.61%Volume: 2,272,600 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: Double Bottom, Adam and Eve reversal pattern from 06/27/2024 to 07/09/2024WARNING: 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: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: HomebuildingIndustry RS rank: 41 out of 60Stock RS rank: 377 out of 6177/11/24 close: $155.831 Month avg volatility: $3.74. Volatility stop (for downward breakout): $163.82 or 5.1% above the close.Change YTD: 4.56%Volume: 3,962,700 shares. 3 month avg: 2,062,854 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, Adam and Adam reversal pattern from 03/28/2024 to 05/15/2024Breakout 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: Securities BrokerageIndustry RS rank: 19 out of 60Stock RS rank: 190 out of 6177/11/24 close: $265.221 Month avg volatility: $5.12. Volatility stop (for downward breakout): $281.04 or 6.0% above the close.Change YTD: 16.52%Volume: 722,000 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 05/31/2024 to 07/01/2024Breakout 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: Financial ServicesIndustry RS rank: 26 out of 60Stock RS rank: 372 out of 6177/11/24 close: $436.421 Month avg volatility: $6.44. Volatility stop (for downward breakout): $450.66 or 3.3% above the close.Change YTD: 2.32%Volume: 4,028,700 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 Top, Eve and Adam reversal pattern from 05/16/2024 to 06/24/2024Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 4 out of 60Stock RS rank: 444 out of 6177/11/24 close: $31.291 Month avg volatility: $1.00. Volatility stop (for upward breakout): $28.31 or 9.5% below the close.Change YTD: -14.44%Volume: 578,700 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 06/20/2024 to 06/28/2024Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 51 out of 60Stock RS rank: 398 out of 6177/11/24 close: $75.841 Month avg volatility: $2.85. Volatility stop (for upward breakout): $68.73 or 9.4% below the close.Change YTD: -7.09%Volume: 303,000 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: Ugly double bottom reversal pattern from 06/17/2024 to 07/08/2024Breakout 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: Electric Utility (East)Industry RS rank: 31 out of 60Stock RS rank: 128 out of 6177/11/24 close: $74.701 Month avg volatility: $1.73. Volatility stop (for upward breakout): $70.01 or 6.3% below the close.Change YTD: 22.98%Volume: 12,106,000 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: Double Bottom, Adam and Eve reversal pattern from 06/18/2024 to 07/02/2024Breakout 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: Electric Utility (Central)Industry RS rank: 36 out of 60Stock RS rank: 259 out of 6177/11/24 close: $29.701 Month avg volatility: $0.41. Volatility stop (for upward breakout): $28.54 or 3.9% below the close.Change YTD: 11.86%Volume: 3,432,600 shares. 3 month avg: 3,688,512 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 07/08/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 1 out of 6177/11/24 close: $127.401 Month avg volatility: $5.26. Volatility stop (for upward breakout): $116.52 or 8.5% below the close.Change YTD: 157.26%Volume: 368,850,200 shares. 3 month avg: 60,508,209 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 bottom reversal pattern from 06/24/2024 to 07/01/2024Breakout 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: Electric Utility (Central)Industry RS rank: 36 out of 60Stock RS rank: 350 out of 6177/11/24 close: $36.611 Month avg volatility: $0.50. Volatility stop (for upward breakout): $34.88 or 4.7% below the close.Change YTD: 4.81%Volume: 985,300 shares. 3 month avg: 1,006,480 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 06/17/2024 to 07/09/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 423 out of 6177/11/24 close: $74.241 Month avg volatility: $2.09. Volatility stop (for upward breakout): $70.01 or 5.7% below the close.Change YTD: -11.12%Volume: 7,379,300 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.Chart pattern: Broadening top, right-angled and descending continuation pattern from 05/15/2024 to 07/11/2024Breakout 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.
Industry: Electric Utility (West)Industry RS rank: 50 out of 60Stock RS rank: 256 out of 6177/11/24 close: $80.011 Month avg volatility: $1.23. Volatility stop (for upward breakout): $76.46 or 4.4% below the close.Change YTD: 11.37%Volume: 996,300 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: Head-and-shoulders bottom reversal pattern from 06/11/2024 to 07/05/2024Breakout 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: Chemical (Diversified)Industry RS rank: 55 out of 60Stock RS rank: 518 out of 6177/11/24 close: $129.711 Month avg volatility: $1.99. Volatility stop (for upward breakout): $123.61 or 4.7% below the close.Change YTD: -13.27%Volume: 1,235,000 shares. 3 month avg: 1,342,054 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 06/26/2024 to 07/05/2024Breakout 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.
Industry: Chemical (Specialty)Industry RS rank: 47 out of 60Stock RS rank: 524 out of 6177/11/24 close: $173.631 Month avg volatility: $3.96. Volatility stop (for upward breakout): $163.27 or 6.0% below the close.Change YTD: -18.64%Volume: 142,900 shares. 3 month avg: 69,343 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 06/21/2024 to 07/10/2024Breakout 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: Telecom. EquipmentIndustry RS rank: 6 out of 60Stock RS rank: 31 out of 6177/11/24 close: $199.851 Month avg volatility: $5.63. Volatility stop (for upward breakout): $188.51 or 5.7% below the close.Change YTD: 38.18%Volume: 8,538,600 shares. 3 month avg: 12,234,022 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Pipe bottom reversal pattern from 06/24/2024 to 07/01/2024Breakout 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: Insurance (Life)Industry RS rank: 29 out of 60Stock RS rank: 75 out of 6177/11/24 close: $211.741 Month avg volatility: $3.44. Volatility stop (for upward breakout): $203.42 or 3.9% below the close.Change YTD: 30.88%Volume: 287,600 shares. 3 month avg: 326,800 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 06/13/2024 to 07/02/2024Breakout 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: Industrial ServicesIndustry RS rank: 10 out of 60Stock RS rank: 320 out of 6177/11/24 close: $555.931 Month avg volatility: $7.09. Volatility stop (for downward breakout): $572.35 or 3.0% above the close.Change YTD: 1.97%Volume: 431,500 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: Double Top, Eve and Eve reversal pattern from 06/24/2024 to 06/28/2024Breakout 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: Electric Utility (West)Industry RS rank: 50 out of 60Stock RS rank: 384 out of 6177/11/24 close: $77.031 Month avg volatility: $1.20. Volatility stop (for upward breakout): $73.86 or 4.1% below the close.Change YTD: 3.08%Volume: 2,990,000 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 06/04/2024 to 07/10/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Industrial ServicesIndustry RS rank: 10 out of 60Stock RS rank: 280 out of 6177/11/24 close: $71.541 Month avg volatility: $1.27. Volatility stop (for downward breakout): $74.18 or 3.7% above the close.Change YTD: 4.51%Volume: 891,400 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: Rising wedge reversal pattern from 05/24/2024 to 06/26/2024Breakout is downward 69% of the time.Average decline: 14%.Break-even failure rate: 24%.Pullbacks occur 63% of the time.Price hits measure rule target 46% of the time.
Industry: Chemical (Basic)Industry RS rank: 48 out of 60Stock RS rank: 309 out of 6177/11/24 close: $313.971 Month avg volatility: $5.13. Volatility stop (for upward breakout): $296.37 or 5.6% below the close.Change YTD: 0.66%Volume: 1,602,400 shares. 3 month avg: 564,294 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 06/25/2024 to 07/02/2024Breakout 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: Electric Utility (East)Industry RS rank: 31 out of 60Stock RS rank: 223 out of 6177/11/24 close: $79.861 Month avg volatility: $1.10. Volatility stop (for downward breakout): $82.27 or 3.0% above the close.Change YTD: 13.89%Volume: 3,537,600 shares. 3 month avg: 4,460,623 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Broadening top reversal pattern from 06/10/2024 to 07/11/2024Breakout is downward 50% of the time.Average decline: 15%.Break-even failure rate: 18%.Pullbacks occur 48% of the time.Price hits measure rule target 37% of the time.
Industry: Natural Gas (Distributor)Industry RS rank: 28 out of 60Stock RS rank: 187 out of 6177/11/24 close: $72.171 Month avg volatility: $1.65. Volatility stop (for upward breakout): $68.62 or 4.9% below the close.Change YTD: 13.92%Volume: 345,100 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 Monday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 07/01/2024 to 07/09/2024Breakout 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: Natural Gas (Distributor)Industry RS rank: 28 out of 60Stock RS rank: 392 out of 6177/11/24 close: $61.611 Month avg volatility: $0.94. Volatility stop (for upward breakout): $58.40 or 5.2% below the close.Change YTD: -1.17%Volume: 362,300 shares. 3 month avg: 172,872 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: Head-and-shoulders bottom reversal pattern from 05/29/2024 to 07/09/2024Breakout 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: Aerospace/DefenseIndustry RS rank: 32 out of 60Stock RS rank: 509 out of 6177/11/24 close: $393.991 Month avg volatility: $5.69. Volatility stop (for upward breakout): $379.61 or 3.7% below the close.Change YTD: -11.72%Volume: 279,200 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 bottom reversal pattern from 06/20/2024 to 07/05/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 46 out of 60Stock RS rank: 453 out of 6177/11/24 close: $48.841 Month avg volatility: $1.28. Volatility stop (for upward breakout): $45.33 or 7.2% below the close.Change YTD: -4.18%Volume: 4,838,100 shares. 3 month avg: 985,960 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 bottom reversal pattern from 06/26/2024 to 07/10/2024Breakout 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.
Industry: Air TransportIndustry RS rank: 45 out of 60Stock RS rank: 539 out of 6177/11/24 close: $138.241 Month avg volatility: $2.43. Volatility stop (for downward breakout): $143.91 or 4.1% above the close.Change YTD: -12.08%Volume: 3,443,500 shares. 3 month avg: 2,659,363 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: Rectangle bottom continuation pattern from 05/29/2024 to 07/11/2024Breakout 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.
Industry: Financial ServicesIndustry RS rank: 26 out of 60Stock RS rank: 402 out of 6177/11/24 close: $262.551 Month avg volatility: $4.02. Volatility stop (for downward breakout): $271.67 or 3.5% above the close.Change YTD: 0.85%Volume: 8,795,000 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: Double Top, Adam and Adam reversal pattern from 06/07/2024 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: Precision InstrumentIndustry RS rank: 38 out of 60Stock RS rank: 426 out of 6177/11/24 close: $301.481 Month avg volatility: $5.99. Volatility stop (for upward breakout): $280.08 or 7.1% below the close.Change YTD: -8.43%Volume: 532,900 shares. 3 month avg: 398,726 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 07/01/2024 to 07/09/2024Breakout 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: ShoeIndustry RS rank: 5 out of 60Stock RS rank: 33 out of 6177/11/24 close: $12.741 Month avg volatility: $0.50. Volatility stop (for downward breakout): $13.89 or 9.0% above the close.Change YTD: 43.31%Volume: 1,016,600 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: Triple top reversal pattern from 05/14/2024 to 06/25/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 10%.Pullbacks occur 61% of the time.Price hits measure rule target 40% of the time.
Industry: Electric Utility (West)Industry RS rank: 50 out of 60Stock RS rank: 536 out of 6177/11/24 close: $54.081 Month avg volatility: $0.87. Volatility stop (for downward breakout): $56.32 or 4.1% above the close.Change YTD: -12.65%Volume: 3,535,700 shares. 3 month avg: 3,202,808 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 05/13/2024 to 06/04/2024Breakout 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.
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
|