As of 09/18/2024
  Indus: 41,503 -103.08 -0.2%  
  Trans: 16,071 +57.68 +0.4%  
  Utils: 1,050 -9.27 -0.9%  
  Nasdaq: 17,573 -54.76 -0.3%  
  S&P 500: 5,618 -16.32 -0.3%  
YTD
 +10.1%  
 +1.1%  
 +19.1%  
 +17.1%  
 +17.8%  
  Targets    Overview: 09/13/2024  
  Up arrow42,000 or 40,100 by 10/01/2024
  Up arrow16,200 or 15,300 by 10/01/2024
  Up arrow1,100 or 1,000 by 10/01/2024
  Up arrow18,400 or 16,650 by 10/01/2024
  Up arrow5,750 or 5,400 by 10/01/2024
As of 09/18/2024
  Indus: 41,503 -103.08 -0.2%  
  Trans: 16,071 +57.68 +0.4%  
  Utils: 1,050 -9.27 -0.9%  
  Nasdaq: 17,573 -54.76 -0.3%  
  S&P 500: 5,618 -16.32 -0.3%  
YTD
 +10.1%  
 +1.1%  
 +19.1%  
 +17.1%  
 +17.8%  
  Targets    Overview: 09/13/2024  
  Up arrow42,000 or 40,100 by 10/01/2024
  Up arrow16,200 or 15,300 by 10/01/2024
  Up arrow1,100 or 1,000 by 10/01/2024
  Up arrow18,400 or 16,650 by 10/01/2024
  Up arrow5,750 or 5,400 by 10/01/2024

Patterns for the Weekend Details

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

 

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

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
3D Systems (DDD)
Industry: Electronics
Industry RS rank: 31 out of 60
Stock RS rank: 593 out of 616
8/1/24 close: $3.39
1 Month avg volatility: $0.24. Volatility stop (for downward breakout): $4.15 or 22.5% above the close.
Change YTD: -46.61%
Volume: 1,616,700 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: Double Top, Eve and Adam reversal pattern from 07/17/2024 to 07/25/2024
WARNING: 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: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Abbott Laboratories (ABT)
Industry: Medical Supplies
Industry RS rank: 54 out of 60
Stock RS rank: 471 out of 616
8/1/24 close: $110.15
1 Month avg volatility: $2.39. Volatility stop (for upward breakout): $101.55 or 7.8% below the close.
Change YTD: 0.07%
Volume: 9,003,600 shares. 3 month avg: 6,008,617 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 07/09/2024 to 07/29/2024
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Agilent Technologies Inc (A)
Industry: Precision Instrument
Industry RS rank: 24 out of 60
Stock RS rank: 293 out of 616
8/1/24 close: $142.86
1 Month avg volatility: $3.09. Volatility stop (for upward breakout): $135.58 or 5.1% below the close.
Change YTD: 2.75%
Volume: 2,769,500 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 Bottom, Adam and Eve reversal pattern from 05/30/2024 to 07/09/2024
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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Air Products and Chemicals, Inc. (APD)
Industry: Chemical (Diversified)
Industry RS rank: 46 out of 60
Stock RS rank: 245 out of 616
8/1/24 close: $287.47
1 Month avg volatility: $5.51. Volatility stop (for upward breakout): $270.97 or 5.7% below the close.
Change YTD: 4.99%
Volume: 3,804,500 shares. 3 month avg: 1,051,743 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 07/22/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Alarm.com Holdings inc (ALRM)
Industry: Computer Software and Svcs
Industry RS rank: 56 out of 60
Stock RS rank: 246 out of 616
8/1/24 close: $68.34
1 Month avg volatility: $1.60. Volatility stop (for upward breakout): $64.42 or 5.7% below the close.
Change YTD: 5.76%
Volume: 306,900 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: Ugly double bottom reversal pattern from 06/21/2024 to 07/22/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Ametek, Inc (AME)
Industry: Industrial Services
Industry RS rank: 8 out of 60
Stock RS rank: 466 out of 616
8/1/24 close: $159.13
1 Month avg volatility: $3.48. Volatility stop (for downward breakout): $173.96 or 9.3% above the close.
Change YTD: -3.49%
Volume: 4,444,600 shares. 3 month avg: 991,665 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 07/16/2024 to 07/31/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Apogee Enterprises (APOG)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 15 out of 60
Stock RS rank: 66 out of 616
8/1/24 close: $67.55
1 Month avg volatility: $2.08. Volatility stop (for upward breakout): $62.73 or 7.1% below the close.
Change YTD: 26.47%
Volume: 212,600 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: Horn bottom reversal pattern from 06/24/2024 to 07/08/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

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Applied Materials (AMAT)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 27 out of 60
Stock RS rank: 147 out of 616
8/1/24 close: $196.30
1 Month avg volatility: $8.21. Volatility stop (for downward breakout): $225.51 or 14.9% above the close.
Change YTD: 21.12%
Volume: 11,147,100 shares. 3 month avg: 11,583,771 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 Top, Adam and Adam reversal pattern from 06/18/2024 to 07/10/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Archer-Daniels-Midland Co (ADM)
Industry: Food Processing
Industry RS rank: 37 out of 60
Stock RS rank: 302 out of 616
8/1/24 close: $60.48
1 Month avg volatility: $1.53. Volatility stop (for downward breakout): $65.73 or 8.7% above the close.
Change YTD: -16.26%
Volume: 3,547,600 shares. 3 month avg: 3,092,757 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Diamond top reversal pattern from 07/09/2024 to 07/29/2024
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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Arista Networks Inc (ANET)
Industry: E-Commerce
Industry RS rank: 41 out of 60
Stock RS rank: 44 out of 616
8/1/24 close: $338.64
1 Month avg volatility: $11.97. Volatility stop (for upward breakout): $308.20 or 9.0% below the close.
Change YTD: 43.79%
Volume: 4,228,000 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: Double Bottom, Adam and Adam reversal pattern from 07/25/2024 to 07/30/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Boston Scientific Corp (BSX)
Industry: Medical Services
Industry RS rank: 39 out of 60
Stock RS rank: 152 out of 616
8/1/24 close: $75.16
1 Month avg volatility: $1.46. Volatility stop (for downward breakout): $78.10 or 3.9% above the close.
Change YTD: 30.01%
Volume: 5,810,900 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 reversal pattern from 06/21/2024 to 07/30/2024
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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Bruker Corp (BRKR)
Industry: Precision Instrument
Industry RS rank: 24 out of 60
Stock RS rank: 491 out of 616
8/1/24 close: $68.33
1 Month avg volatility: $2.08. Volatility stop (for upward breakout): $63.38 or 7.2% below the close.
Change YTD: -7.01%
Volume: 1,008,700 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: Double Bottom, Eve and Eve reversal pattern from 07/09/2024 to 07/19/2024
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

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Celestica Inc (CLS)
Industry: Electronics
Industry RS rank: 31 out of 60
Stock RS rank: 14 out of 616
8/1/24 close: $50.39
1 Month avg volatility: $2.80. Volatility stop (for downward breakout): $59.72 or 18.5% above the close.
Change YTD: 72.10%
Volume: 2,785,000 shares. 3 month avg: 557,234 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triple top reversal pattern from 05/28/2024 to 07/16/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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Ceridan HCM Holdings Inc (CDAY)
Industry: Information Services
Industry RS rank: 53 out of 60
Stock RS rank: 568 out of 616
8/1/24 close: $56.56
1 Month avg volatility: $2.13. Volatility stop (for upward breakout): $52.00 or 8.1% below the close.
Change YTD: -15.73%
Volume: 3,008,800 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: Ugly double bottom reversal pattern from 07/09/2024 to 07/25/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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CF Industries Holdings, Inc. (CF)
Industry: Chemical (Basic)
Industry RS rank: 44 out of 60
Stock RS rank: 432 out of 616
8/1/24 close: $75.80
1 Month avg volatility: $1.56. Volatility stop (for upward breakout): $72.43 or 4.4% below the close.
Change YTD: -4.65%
Volume: 1,572,100 shares. 3 month avg: 3,754,700 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: Double Bottom, Eve and Adam reversal pattern from 07/09/2024 to 07/23/2024
Breakout 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.

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Ciena Corp (CIEN)
Industry: Telecom. Equipment
Industry RS rank: 40 out of 60
Stock RS rank: 481 out of 616
8/1/24 close: $51.29
1 Month avg volatility: $1.36. Volatility stop (for upward breakout): $47.61 or 7.2% below the close.
Change YTD: 13.95%
Volume: 1,264,400 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 07/16/2024 to 07/29/2024
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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Cognex (CGNX)
Industry: Precision Instrument
Industry RS rank: 24 out of 60
Stock RS rank: 311 out of 616
8/1/24 close: $39.08
1 Month avg volatility: $1.62. Volatility stop (for downward breakout): $49.74 or 27.3% above the close.
Change YTD: -6.37%
Volume: 6,251,900 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: Dead-cat bounce continuation pattern from 08/01/2024 to 08/01/2024
Breakout is downward 67% of the time.
Average decline: 18%.

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CTS Corp (CTS)
Industry: Electronics
Industry RS rank: 31 out of 60
Stock RS rank: 162 out of 616
8/1/24 close: $48.42
1 Month avg volatility: $1.53. Volatility stop (for downward breakout): $52.01 or 7.4% above the close.
Change YTD: 10.70%
Volume: 415,600 shares. 3 month avg: 73,662 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe top reversal pattern from 07/15/2024 to 07/22/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Danaher Corp (DHR)
Industry: Medical Services
Industry RS rank: 39 out of 60
Stock RS rank: 179 out of 616
8/1/24 close: $280.76
1 Month avg volatility: $5.43. Volatility stop (for upward breakout): $267.40 or 4.8% below the close.
Change YTD: 21.36%
Volume: 2,090,300 shares. 3 month avg: 2,378,355 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 07/08/2024 to 07/19/2024
Breakout 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.

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Discover Financial Services (DFS)
Industry: Financial Services
Industry RS rank: 35 out of 60
Stock RS rank: 55 out of 616
8/1/24 close: $136.17
1 Month avg volatility: $3.37. Volatility stop (for downward breakout): $151.61 or 11.3% above the close.
Change YTD: 21.15%
Volume: 1,031,300 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: Double Top, Adam and Eve reversal pattern from 07/18/2024 to 07/31/2024
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Dominion Resources Inc. (D)
Industry: Electric Utility (East)
Industry RS rank: 5 out of 60
Stock RS rank: 125 out of 616
8/1/24 close: $55.44
1 Month avg volatility: $0.99. Volatility stop (for upward breakout): $50.89 or 8.2% below the close.
Change YTD: 17.96%
Volume: 5,445,300 shares. 3 month avg: 2,249,422 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 07/01/2024 to 07/24/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Dynamic Materials (BOOM)
Industry: Metal Fabricating
Industry RS rank: 30 out of 60
Stock RS rank: 585 out of 616
8/1/24 close: $12.87
1 Month avg volatility: $0.50. Volatility stop (for downward breakout): $14.55 or 13.1% above the close.
Change YTD: -31.62%
Volume: 429,500 shares. 3 month avg: 60,208 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 Thursday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 06/14/2024 to 07/17/2024
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Eagle Materials Inc. (EXP)
Industry: Cement and Aggregates
Industry RS rank: 11 out of 60
Stock RS rank: 200 out of 616
8/1/24 close: $261.76
1 Month avg volatility: $8.04. Volatility stop (for upward breakout): $242.84 or 7.2% below the close.
Change YTD: 29.05%
Volume: 315,600 shares. 3 month avg: 553,088 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 07/09/2024 to 07/19/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Emcore Group Inc (EME)
Industry: Industrial Services
Industry RS rank: 8 out of 60
Stock RS rank: 8 out of 616
8/1/24 close: $366.12
1 Month avg volatility: $14.29. Volatility stop (for downward breakout): $413.55 or 13.0% above the close.
Change YTD: 69.95%
Volume: 483,300 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: Diamond top reversal pattern from 07/11/2024 to 08/01/2024
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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Emerson Electric (EMR)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 104 out of 616
8/1/24 close: $113.09
1 Month avg volatility: $2.31. Volatility stop (for downward breakout): $121.86 or 7.8% above the close.
Change YTD: 16.19%
Volume: 2,167,000 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 top reversal pattern from 07/16/2024 to 07/30/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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eXp World Holdings (EXPI)
Industry: E-Commerce
Industry RS rank: 41 out of 60
Stock RS rank: 380 out of 616
8/1/24 close: $12.84
1 Month avg volatility: $0.70. Volatility stop (for downward breakout): $15.88 or 23.7% above the close.
Change YTD: -17.27%
Volume: 1,520,900 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 Top, Adam and Eve reversal pattern from 07/18/2024 to 07/29/2024
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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FARO Technologies Inc (FARO)
Industry: Precision Instrument
Industry RS rank: 24 out of 60
Stock RS rank: 594 out of 616
8/1/24 close: $15.96
1 Month avg volatility: $0.63. Volatility stop (for downward breakout): $18.38 or 15.2% above the close.
Change YTD: -29.16%
Volume: 122,400 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 07/16/2024 to 07/23/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Five9 Inc (FIVN)
Industry: Computer Software and Svcs
Industry RS rank: 56 out of 60
Stock RS rank: 607 out of 616
8/1/24 close: $42.88
1 Month avg volatility: $1.83. Volatility stop (for downward breakout): $48.45 or 13.0% above the close.
Change YTD: -45.51%
Volume: 1,024,000 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 07/17/2024 to 07/29/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Hologic Inc (HOLX)
Industry: Medical Supplies
Industry RS rank: 54 out of 60
Stock RS rank: 253 out of 616
8/1/24 close: $83.20
1 Month avg volatility: $1.49. Volatility stop (for upward breakout): $78.21 or 6.0% below the close.
Change YTD: 16.45%
Volume: 2,599,500 shares. 3 month avg: 3,130,522 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: Ugly double bottom reversal pattern from 06/20/2024 to 07/26/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Humana (HUM)
Industry: Medical Services
Industry RS rank: 39 out of 60
Stock RS rank: 496 out of 616
8/1/24 close: $358.98
1 Month avg volatility: $11.12. Volatility stop (for downward breakout): $385.99 or 7.5% above the close.
Change YTD: -21.59%
Volume: 1,833,300 shares. 3 month avg: 1,089,406 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: Double Top, Eve and Adam reversal pattern from 07/18/2024 to 07/30/2024
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Kellogg Co (K)
Industry: Food Processing
Industry RS rank: 37 out of 60
Stock RS rank: 234 out of 616
8/1/24 close: $62.05
1 Month avg volatility: $1.02. Volatility stop (for upward breakout): $57.75 or 6.9% below the close.
Change YTD: 10.98%
Volume: 4,923,900 shares. 3 month avg: 2,815,658 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 Adam reversal pattern from 07/24/2024 to 07/30/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Kennametal (KMT)
Industry: Metal Fabricating
Industry RS rank: 30 out of 60
Stock RS rank: 396 out of 616
8/1/24 close: $25.21
1 Month avg volatility: $0.62. Volatility stop (for upward breakout): $23.74 or 5.8% below the close.
Change YTD: -2.25%
Volume: 606,100 shares. 3 month avg: 854,403 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: Ugly double bottom reversal pattern from 07/09/2024 to 07/22/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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L3Harris Technologies (LHX)
Industry: Aerospace/Defense
Industry RS rank: 19 out of 60
Stock RS rank: 286 out of 616
8/1/24 close: $229.22
1 Month avg volatility: $4.29. Volatility stop (for downward breakout): $238.59 or 4.1% above the close.
Change YTD: 8.83%
Volume: 983,400 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: Pipe top reversal pattern from 07/15/2024 to 07/22/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Martin Marietta Materials, Inc (MLM)
Industry: Cement and Aggregates
Industry RS rank: 11 out of 60
Stock RS rank: 209 out of 616
8/1/24 close: $584.89
1 Month avg volatility: $14.34. Volatility stop (for upward breakout): $550.66 or 5.9% below the close.
Change YTD: 17.23%
Volume: 445,200 shares. 3 month avg: 575,872 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, Eve and Adam reversal pattern from 07/02/2024 to 07/24/2024
Breakout 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.

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Mastercard Inc (MA)
Industry: Financial Services
Industry RS rank: 35 out of 60
Stock RS rank: 395 out of 616
8/1/24 close: $462.41
1 Month avg volatility: $7.50. Volatility stop (for upward breakout): $444.19 or 3.9% below the close.
Change YTD: 8.42%
Volume: 2,571,100 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, Adam and Adam reversal pattern from 07/10/2024 to 07/24/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Materion Corp (MTRN)
Industry: Metals and Mining (Div.)
Industry RS rank: 14 out of 60
Stock RS rank: 486 out of 616
8/1/24 close: $112.49
1 Month avg volatility: $3.33. Volatility stop (for downward breakout): $127.04 or 12.9% above the close.
Change YTD: -13.56%
Volume: 138,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 07/17/2024 to 07/31/2024
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Meta (Facebook) (META)
Industry: E-Commerce
Industry RS rank: 41 out of 60
Stock RS rank: 70 out of 616
8/1/24 close: $497.74
1 Month avg volatility: $15.10. Volatility stop (for upward breakout): $461.91 or 7.2% below the close.
Change YTD: 40.62%
Volume: 42,608,600 shares. 3 month avg: 16,363,594 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 07/17/2024 to 07/30/2024
Breakout is upward 100% of the time.
Average rise: 38%.
Break-even failure rate: 3%.
Throwbacks occur 45% of the time.
Price hits measure rule target 74% of the time.

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MGE Energy Inc (MGEE)
Industry: Electric Utility (Central)
Industry RS rank: 3 out of 60
Stock RS rank: 27 out of 616
8/1/24 close: $88.76
1 Month avg volatility: $1.77. Volatility stop (for upward breakout): $82.24 or 7.3% below the close.
Change YTD: 22.75%
Volume: 142,700 shares. 3 month avg: 83,160 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 Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 07/03/2024 to 07/24/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Netflix, Inc (NFLX)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 47 out of 60
Stock RS rank: 270 out of 616
8/1/24 close: $624.85
1 Month avg volatility: $17.72. Volatility stop (for downward breakout): $682.16 or 9.2% above the close.
Change YTD: 28.34%
Volume: 3,644,800 shares. 3 month avg: 6,844,629 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Triple top reversal pattern from 06/20/2024 to 07/05/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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Newell Brands Inc (NWL)
Industry: Household Products
Industry RS rank: 48 out of 60
Stock RS rank: 433 out of 616
8/1/24 close: $8.35
1 Month avg volatility: $0.36. Volatility stop (for upward breakout): $7.48 or 10.5% below the close.
Change YTD: -3.80%
Volume: 4,359,000 shares. 3 month avg: 7,205,206 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 07/10/2024 to 07/22/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Novanta Inc (NOVT)
Industry: Precision Instrument
Industry RS rank: 24 out of 60
Stock RS rank: 283 out of 616
8/1/24 close: $170.30
1 Month avg volatility: $6.00. Volatility stop (for downward breakout): $194.23 or 14.1% above the close.
Change YTD: 1.12%
Volume: 207,000 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: Double Top, Adam and Eve reversal pattern from 07/17/2024 to 07/26/2024
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Oracle Corporation (ORCL)
Industry: Computer Software and Svcs
Industry RS rank: 56 out of 60
Stock RS rank: 106 out of 616
8/1/24 close: $137.51
1 Month avg volatility: $2.90. Volatility stop (for downward breakout): $146.18 or 6.3% above the close.
Change YTD: 30.43%
Volume: 5,721,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triple top reversal pattern from 06/20/2024 to 07/15/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 20 out of 60
Stock RS rank: 116 out of 616
8/1/24 close: $15.91
1 Month avg volatility: $0.43. Volatility stop (for upward breakout): $14.77 or 7.2% below the close.
Change YTD: 13.97%
Volume: 1,769,500 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: Ugly double bottom reversal pattern from 06/17/2024 to 07/24/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Paypal Holdings, Inc (PYPL)
Industry: Financial Services
Industry RS rank: 35 out of 60
Stock RS rank: 345 out of 616
8/1/24 close: $65.31
1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $62.17 or 4.8% below the close.
Change YTD: 6.35%
Volume: 18,502,200 shares. 3 month avg: 21,592,165 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 07/01/2024 to 07/26/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Prudential Financial Inc (PRU)
Industry: Insurance (Life)
Industry RS rank: 36 out of 60
Stock RS rank: 184 out of 616
8/1/24 close: $122.49
1 Month avg volatility: $2.06. Volatility stop (for downward breakout): $131.46 or 7.3% above the close.
Change YTD: 18.11%
Volume: 2,636,300 shares. 3 month avg: 1,688,191 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 Adam reversal pattern from 07/17/2024 to 08/01/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Public Service Enterprise Group PEG (PEG)
Industry: Electric Utility (East)
Industry RS rank: 5 out of 60
Stock RS rank: 28 out of 616
8/1/24 close: $79.75
1 Month avg volatility: $1.36. Volatility stop (for upward breakout): $76.42 or 4.2% below the close.
Change YTD: 30.42%
Volume: 2,631,300 shares. 3 month avg: 2,747,514 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 07/18/2024 to 07/25/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Pure Storage, Inc (PSTG)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 19 out of 616
8/1/24 close: $56.82
1 Month avg volatility: $2.24. Volatility stop (for downward breakout): $65.02 or 14.4% above the close.
Change YTD: 59.34%
Volume: 2,831,700 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 05/30/2024 to 07/11/2024
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Qualcomm Inc. (QCOM)
Industry: Telecom. Equipment
Industry RS rank: 40 out of 60
Stock RS rank: 276 out of 616
8/1/24 close: $164.00
1 Month avg volatility: $6.51. Volatility stop (for downward breakout): $189.98 or 15.8% above the close.
Change YTD: 13.39%
Volume: 24,279,900 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: Head-and-shoulders top reversal pattern from 05/28/2024 to 07/16/2024
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Rocky Brands Inc (RCKY)
Industry: Shoe
Industry RS rank: 7 out of 60
Stock RS rank: 207 out of 616
8/1/24 close: $32.23
1 Month avg volatility: $1.60. Volatility stop (for downward breakout): $37.52 or 16.4% above the close.
Change YTD: 6.79%
Volume: 52,400 shares. 3 month avg: 41,775 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: Double Top, Eve and Eve reversal pattern from 07/17/2024 to 07/26/2024
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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RPC Inc (RES)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 51 out of 60
Stock RS rank: 484 out of 616
8/1/24 close: $7.06
1 Month avg volatility: $0.26. Volatility stop (for upward breakout): $6.45 or 8.6% below the close.
Change YTD: -3.02%
Volume: 1,989,800 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: Horn bottom reversal pattern from 07/08/2024 to 07/22/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

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SAIA Inc (SAIA)
Industry: Trucking/Transp. Leasing
Industry RS rank: 58 out of 60
Stock RS rank: 544 out of 616
8/1/24 close: $395.01
1 Month avg volatility: $22.55. Volatility stop (for downward breakout): $470.31 or 19.1% above the close.
Change YTD: -9.86%
Volume: 657,500 shares. 3 month avg: 163,825 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: Dead-cat bounce continuation pattern from 07/26/2024 to 07/26/2024
Breakout is downward 67% of the time.
Average decline: 18%.

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Semtech Corp (SMTC)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 27 out of 60
Stock RS rank: 10 out of 616
8/1/24 close: $30.81
1 Month avg volatility: $1.68. Volatility stop (for downward breakout): $35.22 or 14.3% above the close.
Change YTD: 40.62%
Volume: 1,761,300 shares. 3 month avg: 510,991 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 07/08/2024 to 07/15/2024
WARNING: A dead-cat bounce occurred on 06/07/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 09/06/2024 and a 38% chance by 12/06/2024.
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Summit Materials Inc (SUM)
Industry: Cement and Aggregates
Industry RS rank: 11 out of 60
Stock RS rank: 250 out of 616
8/1/24 close: $40.46
1 Month avg volatility: $1.15. Volatility stop (for upward breakout): $37.84 or 6.5% below the close.
Change YTD: 5.20%
Volume: 836,300 shares. 3 month avg: 1,204,178 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: Ugly double bottom reversal pattern from 06/25/2024 to 07/24/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Techne Corporation (TECH)
Industry: Biotechnology
Industry RS rank: 38 out of 60
Stock RS rank: 177 out of 616
8/1/24 close: $82.35
1 Month avg volatility: $2.24. Volatility stop (for upward breakout): $76.50 or 7.1% below the close.
Change YTD: 6.73%
Volume: 789,600 shares. 3 month avg: 150,611 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: Ugly double bottom reversal pattern from 07/09/2024 to 07/19/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Teradata Corp (TDC)
Industry: Computer Software and Svcs
Industry RS rank: 56 out of 60
Stock RS rank: 599 out of 616
8/1/24 close: $31.35
1 Month avg volatility: $0.90. Volatility stop (for downward breakout): $34.41 or 9.8% above the close.
Change YTD: -27.95%
Volume: 671,100 shares. 3 month avg: 1,378,918 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 Adam reversal pattern from 06/28/2024 to 07/18/2024
WARNING: A dead-cat bounce occurred on 02/13/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/13/2024.
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Teva Pharmaceutical Industries (TEVA)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 28 out of 60
Stock RS rank: 15 out of 616
8/1/24 close: $17.54
1 Month avg volatility: $0.54. Volatility stop (for upward breakout): $16.03 or 8.6% below the close.
Change YTD: 68.01%
Volume: 15,624,900 shares. 3 month avg: 26,334,894 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: Pipe bottom reversal pattern from 07/01/2024 to 07/08/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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TransDigm Group Inc (TDG)
Industry: Aerospace/Defense
Industry RS rank: 19 out of 60
Stock RS rank: 193 out of 616
8/1/24 close: $1,268.04
1 Month avg volatility: $25.77. Volatility stop (for upward breakout): $1,206.75 or 4.8% below the close.
Change YTD: 25.35%
Volume: 222,400 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: Broadening bottom reversal pattern from 07/15/2024 to 07/31/2024
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Valero Energy (VLO)
Industry: Petroleum (Integrated)
Industry RS rank: 42 out of 60
Stock RS rank: 241 out of 616
8/1/24 close: $156.45
1 Month avg volatility: $4.99. Volatility stop (for upward breakout): $145.34 or 7.1% below the close.
Change YTD: 20.35%
Volume: 2,374,000 shares. 3 month avg: 3,602,446 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 07/11/2024 to 07/25/2024
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

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Verisign (VRSN)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 47 out of 60
Stock RS rank: 498 out of 616
8/1/24 close: $188.37
1 Month avg volatility: $3.34. Volatility stop (for upward breakout): $179.34 or 4.8% below the close.
Change YTD: -8.54%
Volume: 864,100 shares. 3 month avg: 871,351 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 07/10/2024 to 07/24/2024
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

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Visa (V)
Industry: Financial Services
Industry RS rank: 35 out of 60
Stock RS rank: 472 out of 616
8/1/24 close: $265.93
1 Month avg volatility: $4.02. Volatility stop (for upward breakout): $256.15 or 3.7% below the close.
Change YTD: 2.14%
Volume: 7,212,100 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: Broadening bottom reversal pattern from 06/27/2024 to 07/25/2024
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Waters Corp (WAT)
Industry: Precision Instrument
Industry RS rank: 24 out of 60
Stock RS rank: 267 out of 616
8/1/24 close: $352.53
1 Month avg volatility: $9.99. Volatility stop (for upward breakout): $318.20 or 9.7% below the close.
Change YTD: 7.08%
Volume: 797,400 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: Ugly double bottom reversal pattern from 07/09/2024 to 07/24/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Watsco, Inc (WSO)
Industry: Retail Building Supply
Industry RS rank: 22 out of 60
Stock RS rank: 136 out of 616
8/1/24 close: $471.11
1 Month avg volatility: $14.23. Volatility stop (for downward breakout): $524.12 or 11.3% above the close.
Change YTD: 9.95%
Volume: 269,200 shares. 3 month avg: 222,320 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 07/16/2024 to 07/29/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Woodward Inc (WWD)
Industry: Precision Instrument
Industry RS rank: 24 out of 60
Stock RS rank: 244 out of 616
8/1/24 close: $154.91
1 Month avg volatility: $4.65. Volatility stop (for downward breakout): $169.79 or 9.6% above the close.
Change YTD: 13.80%
Volume: 916,300 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: Triple top reversal pattern from 06/03/2024 to 07/17/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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