As of 09/06/2024
Indus: 40,345 -410.34 -1.0%
Trans: 15,427 -190.44 -1.2%
Utils: 1,029 -7.87 -0.8%
Nasdaq: 16,691 -436.83 -2.6%
S&P 500: 5,408 -94.99 -1.7%
|
YTD
+7.0%
-3.0%
+16.7%
+11.2%
+13.4%
|
 42,000 or 39,500 by 09/15/202416,200 or 15,300 by 09/15/20241,100 or 1,000 by 09/15/202418,400 or 16,650 by 09/15/20245,750 or 5,375 by 09/15/2024 |
As of 09/06/2024
Indus: 40,345 -410.34 -1.0%
Trans: 15,427 -190.44 -1.2%
Utils: 1,029 -7.87 -0.8%
Nasdaq: 16,691 -436.83 -2.6%
S&P 500: 5,408 -94.99 -1.7%
|
YTD
+7.0%
-3.0%
+16.7%
+11.2%
+13.4%
| |
|
42,000 or 39,500 by 09/15/202416,200 or 15,300 by 09/15/20241,100 or 1,000 by 09/15/202418,400 or 16,650 by 09/15/20245,750 or 5,375 by 09/15/2024 | ||
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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 24 out of 60Stock RS rank: 431 out of 6177/25/24 close: $28.041 Month avg volatility: $0.74. Volatility stop (for upward breakout): $25.20 or 10.1% below the close.Change YTD: 1.08%Volume: 2,940,300 shares. 3 month avg: 949,792 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 07/08/2024 to 07/15/2024Breakout 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: 6 out of 60Stock RS rank: 346 out of 6177/25/24 close: $21.211 Month avg volatility: $0.68. Volatility stop (for upward breakout): $19.03 or 10.3% below the close.Change YTD: 0.24%Volume: 4,036,400 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: Head-and-shoulders bottom reversal pattern from 06/20/2024 to 07/19/2024Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 13 out of 60Stock RS rank: 88 out of 6177/25/24 close: $66.051 Month avg volatility: $1.96. Volatility stop (for upward breakout): $59.73 or 9.6% below the close.Change YTD: 23.67%Volume: 136,800 shares. 3 month avg: 243,183 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 Adam reversal pattern from 06/25/2024 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: E-CommerceIndustry RS rank: 49 out of 60Stock RS rank: 128 out of 6177/25/24 close: $314.121 Month avg volatility: $10.29. Volatility stop (for downward breakout): $347.59 or 10.7% above the close.Change YTD: 33.38%Volume: 4,407,700 shares. 3 month avg: 2,258,017 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Head-and-shoulders top reversal pattern from 06/20/2024 to 07/23/2024Breakout 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: Computer Software and SvcsIndustry RS rank: 57 out of 60Stock RS rank: 472 out of 6177/25/24 close: $242.231 Month avg volatility: $4.63. Volatility stop (for downward breakout): $254.91 or 5.2% above the close.Change YTD: -0.51%Volume: 1,679,000 shares. 3 month avg: 2,150,943 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Broadening top reversal pattern from 07/01/2024 to 07/24/2024Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 31 out of 60Stock RS rank: 519 out of 6177/25/24 close: $59.121 Month avg volatility: $1.89. Volatility stop (for upward breakout): $52.30 or 11.5% below the close.Change YTD: -9.24%Volume: 503,700 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 Bottom, Eve and Adam reversal pattern from 07/02/2024 to 07/10/2024Breakout 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: 39 out of 60Stock RS rank: 244 out of 6177/25/24 close: $62.051 Month avg volatility: $1.17. Volatility stop (for upward breakout): $59.51 or 4.1% below the close.Change YTD: 7.88%Volume: 1,009,900 shares. 3 month avg: 2,433,769 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 06/20/2024 to 07/09/2024Breakout 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: ShoeIndustry RS rank: 15 out of 60Stock RS rank: 6 out of 6177/25/24 close: $122.191 Month avg volatility: $4.32. Volatility stop (for downward breakout): $132.46 or 8.4% above the close.Change YTD: 59.18%Volume: 547,200 shares. 3 month avg: 434,749 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Double Top, Eve and Adam reversal pattern from 06/20/2024 to 07/16/2024Breakout 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: ShoeIndustry RS rank: 15 out of 60Stock RS rank: 125 out of 6177/25/24 close: $36.671 Month avg volatility: $1.13. Volatility stop (for upward breakout): $33.73 or 8.0% below the close.Change YTD: 19.33%Volume: 664,600 shares. 3 month avg: 329,342 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 06/10/2024 to 07/05/2024Breakout 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: Metals and Mining (Div.)Industry RS rank: 11 out of 60Stock RS rank: 31 out of 6177/25/24 close: $15.161 Month avg volatility: $1.13. Volatility stop (for downward breakout): $17.92 or 18.2% above the close.Change YTD: 24.88%Volume: 1,173,800 shares. 3 month avg: 2,285,742 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.Chart pattern: Double Top, Adam and Adam reversal pattern from 07/03/2024 to 07/17/2024Breakout 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: Retail StoreIndustry RS rank: 21 out of 60Stock RS rank: 141 out of 6177/25/24 close: $815.951 Month avg volatility: $15.10. Volatility stop (for downward breakout): $866.85 or 6.2% above the close.Change YTD: 23.61%Volume: 2,103,000 shares. 3 month avg: 3,225,345 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 top reversal pattern from 07/01/2024 to 07/08/2024Breakout 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: IT ServicesIndustry RS rank: 32 out of 60Stock RS rank: 543 out of 6177/25/24 close: $45.641 Month avg volatility: $0.83. Volatility stop (for upward breakout): $43.13 or 5.5% below the close.Change YTD: -14.23%Volume: 263,600 shares. 3 month avg: 127,302 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Triangle, symmetrical continuation pattern from 05/30/2024 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: MachineryIndustry RS rank: 14 out of 60Stock RS rank: 122 out of 6177/25/24 close: $283.171 Month avg volatility: $6.65. Volatility stop (for upward breakout): $268.13 or 5.3% below the close.Change YTD: 18.20%Volume: 580,900 shares. 3 month avg: 1,327,631 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 Eve reversal pattern from 06/14/2024 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: Retail StoreIndustry RS rank: 21 out of 60Stock RS rank: 370 out of 6177/25/24 close: $409.681 Month avg volatility: $13.15. Volatility stop (for downward breakout): $437.59 or 6.8% above the close.Change YTD: 1.49%Volume: 129,100 shares. 3 month avg: 658,302 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: Triple top reversal pattern from 04/01/2024 to 07/12/2024Breakout 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: Industrial ServicesIndustry RS rank: 7 out of 60Stock RS rank: 9 out of 6177/25/24 close: $346.601 Month avg volatility: $13.23. Volatility stop (for downward breakout): $423.30 or 22.1% above the close.Change YTD: 60.89%Volume: 1,402,200 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 Adam reversal pattern from 07/16/2024 to 07/25/2024Breakout 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: Air TransportIndustry RS rank: 50 out of 60Stock RS rank: 456 out of 6177/25/24 close: $124.851 Month avg volatility: $2.73. Volatility stop (for upward breakout): $118.41 or 5.2% below the close.Change YTD: -1.85%Volume: 1,070,600 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: Double Bottom, Adam and Adam reversal pattern from 07/09/2024 to 07/15/2024Breakout 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: ApparelIndustry RS rank: 6 out of 60Stock RS rank: 40 out of 6177/25/24 close: $5.671 Month avg volatility: $0.23. Volatility stop (for upward breakout): $4.87 or 14.1% below the close.Change YTD: 27.13%Volume: 13,913,100 shares. 3 month avg: 6,164,918 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 Eve reversal pattern from 06/20/2024 to 07/10/2024Breakout 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: HomebuildingIndustry RS rank: 1 out of 60Stock RS rank: 30 out of 6177/25/24 close: $204.091 Month avg volatility: $8.70. Volatility stop (for upward breakout): $172.69 or 15.4% below the close.Change YTD: 31.15%Volume: 95,400 shares. 3 month avg: 1,539,280 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, Eve and Eve reversal pattern from 05/29/2024 to 07/01/2024Breakout 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: Aerospace/DefenseIndustry RS rank: 22 out of 60Stock RS rank: 13 out of 6177/25/24 close: $82.341 Month avg volatility: $1.88. Volatility stop (for upward breakout): $75.87 or 7.9% below the close.Change YTD: 52.14%Volume: 4,509,900 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 06/28/2024 to 07/18/2024Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 43 out of 60Stock RS rank: 605 out of 6177/25/24 close: $31.101 Month avg volatility: $1.03. Volatility stop (for downward breakout): $34.05 or 9.5% above the close.Change YTD: -38.11%Volume: 49,444,700 shares. 3 month avg: 27,019,903 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 07/08/2024 to 07/15/2024Breakout 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: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 31 out of 60Stock RS rank: 563 out of 6177/25/24 close: $45.761 Month avg volatility: $1.42. Volatility stop (for downward breakout): $49.59 or 8.4% above the close.Change YTD: -16.37%Volume: 767,800 shares. 3 month avg: 518,337 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 top reversal pattern from 07/08/2024 to 07/15/2024Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 46 out of 60Stock RS rank: 309 out of 6177/25/24 close: $10.401 Month avg volatility: $0.42. Volatility stop (for upward breakout): $9.47 or 8.9% below the close.Change YTD: 6.34%Volume: 140,100 shares. 3 month avg: 303,508 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Pipe bottom reversal pattern from 07/01/2024 to 07/08/2024Breakout 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 StoreIndustry RS rank: 21 out of 60Stock RS rank: 235 out of 6177/25/24 close: $21.091 Month avg volatility: $0.67. Volatility stop (for downward breakout): $22.88 or 8.5% above the close.Change YTD: 14.31%Volume: 2,536,900 shares. 3 month avg: 4,990,363 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 top reversal pattern from 07/08/2024 to 07/15/2024Breakout 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: Electric Utility (West)Industry RS rank: 16 out of 60Stock RS rank: 124 out of 6177/25/24 close: $47.871 Month avg volatility: $0.73. Volatility stop (for upward breakout): $46.31 or 3.3% below the close.Change YTD: 10.45%Volume: 1,189,200 shares. 3 month avg: 771,474 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 bottom reversal pattern from 06/14/2024 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: Petroleum (Producing)Industry RS rank: 8 out of 60Stock RS rank: 339 out of 6177/25/24 close: $31.581 Month avg volatility: $0.85. Volatility stop (for downward breakout): $33.75 or 6.9% above the close.Change YTD: 3.75%Volume: 2,663,600 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 06/24/2024 to 07/15/2024Breakout 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: Industrial ServicesIndustry RS rank: 7 out of 60Stock RS rank: 307 out of 6177/25/24 close: $46.731 Month avg volatility: $0.84. Volatility stop (for downward breakout): $51.08 or 9.3% above the close.Change YTD: 7.01%Volume: 3,332,400 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 07/08/2024 to 07/23/2024Breakout 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: 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: 403 out of 6177/25/24 close: $141.111 Month avg volatility: $2.03. Volatility stop (for downward breakout): $147.37 or 4.4% above the close.Change YTD: 1.97%Volume: 1,745,800 shares. 3 month avg: 2,750,108 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Top, Eve and Adam reversal pattern from 06/17/2024 to 07/12/2024Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 46 out of 60Stock RS rank: 420 out of 6177/25/24 close: $6.931 Month avg volatility: $0.22. Volatility stop (for upward breakout): $5.67 or 18.1% below the close.Change YTD: -4.81%Volume: 7,358,400 shares. 3 month avg: 1,275,503 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 Eve reversal pattern from 07/10/2024 to 07/24/2024Breakout 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: IT ServicesIndustry RS rank: 32 out of 60Stock RS rank: 291 out of 6177/25/24 close: $828.791 Month avg volatility: $19.24. Volatility stop (for upward breakout): $744.56 or 10.2% below the close.Change YTD: 17.31%Volume: 6,510,000 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: Triple bottom reversal pattern from 07/10/2024 to 07/24/2024Breakout 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: E-CommerceIndustry RS rank: 49 out of 60Stock RS rank: 594 out of 6177/25/24 close: $59.441 Month avg volatility: $2.01. Volatility stop (for downward breakout): $65.00 or 9.4% above the close.Change YTD: -23.70%Volume: 6,841,800 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: Triple top reversal pattern from 06/14/2024 to 07/16/2024WARNING: A dead-cat bounce occurred on 05/08/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 08/07/2024 and a 38% chance by 11/06/2024.Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 10%.Pullbacks occur 61% of the time.Price hits measure rule target 40% of the time.
Industry: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 31 out of 60Stock RS rank: 218 out of 6177/25/24 close: $124.341 Month avg volatility: $4.77. Volatility stop (for downward breakout): $139.52 or 12.2% above the close.Change YTD: 14.57%Volume: 6,537,300 shares. 3 month avg: 2,362,042 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 07/08/2024 to 07/15/2024Breakout 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: AdvertisingIndustry RS rank: 18 out of 60Stock RS rank: 48 out of 6177/25/24 close: $90.881 Month avg volatility: $3.11. Volatility stop (for downward breakout): $99.32 or 9.3% above the close.Change YTD: 26.29%Volume: 4,900,200 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.Chart pattern: Triple top reversal pattern from 07/10/2024 to 07/23/2024Breakout 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: Precision InstrumentIndustry RS rank: 27 out of 60Stock RS rank: 266 out of 6177/25/24 close: $594.501 Month avg volatility: $12.21. Volatility stop (for upward breakout): $547.71 or 7.9% below the close.Change YTD: 12.00%Volume: 3,579,100 shares. 3 month avg: 1,572,766 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 07/09/2024 to 07/19/2024Breakout 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: ApparelIndustry RS rank: 6 out of 60Stock RS rank: 478 out of 6177/25/24 close: $16.071 Month avg volatility: $0.60. Volatility stop (for upward breakout): $14.73 or 8.3% below the close.Change YTD: -14.52%Volume: 4,009,300 shares. 3 month avg: 2,795,366 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: Pennant continuation pattern from 07/18/2024 to 07/25/2024Breakout is upward 61% of the time.Average rise: 25%.Break-even failure rate: 2%.Throwbacks occur 47% of the time.Price hits measure rule target 60% of the time.
Industry: Trucking/Transp. LeasingIndustry RS rank: 53 out of 60Stock RS rank: 487 out of 6177/25/24 close: $38.851 Month avg volatility: $0.92. Volatility stop (for upward breakout): $34.92 or 10.1% below the close.Change YTD: -8.31%Volume: 1,242,000 shares. 3 month avg: 887,242 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Ugly double bottom reversal pattern from 07/09/2024 to 07/22/2024Breakout 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: ShoeIndustry RS rank: 15 out of 60Stock RS rank: 5 out of 6177/25/24 close: $14.371 Month avg volatility: $0.52. Volatility stop (for upward breakout): $12.98 or 9.7% below the close.Change YTD: 61.64%Volume: 904,200 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: Double Bottom, Adam and Eve reversal pattern from 06/17/2024 to 07/10/2024Breakout 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.
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