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

42,000 or 40,100 by 10/01/2024

16,200 or 15,300 by 10/01/2024

1,100 or 1,000 by 10/01/2024

18,400 or 16,650 by 10/01/2024

5,750 or 5,400 by 10/01/2024

Chart Pattern Indicator:

on 9/11/24

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

42,000 or 40,100 by 10/01/2024

16,200 or 15,300 by 10/01/2024

1,100 or 1,000 by 10/01/2024

18,400 or 16,650 by 10/01/2024

5,750 or 5,400 by 10/01/2024

Chart Pattern Indicator:

on 9/11/24

Patterns for the Weekend Details

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

Definitions

RS is relative strength (where 1 is best). For other definitions, see the glossary.

'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.

All numbers assume a bull market and are based on the breakout direction that occurs most often.

For more information, consult my book, Encyclopedia of Chart Patterns.

Accenture plc (ACN)

Industry: IT Services

Industry RS rank: 17 out of 60

Stock RS rank: 529 out of 616

8/8/24 close: $315.88

1 Month avg volatility: $6.93. Volatility stop (for downward breakout): $333.36 or 5.5% above the close.

Change YTD: -9.98%

Volume: 2,211,200 shares. 3 month avg: 1,995,040 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Triple top reversal pattern from 07/18/2024 to 08/01/2024

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.

Acuity Brands, Inc (AYI)

Industry: Furn/Home Furnishings

Industry RS rank: 50 out of 60

Stock RS rank: 435 out of 616

8/8/24 close: $228.35

1 Month avg volatility: $7.49. Volatility stop (for downward breakout): $244.23 or 7.0% above the close.

Change YTD: 11.48%

Volume: 115,500 shares. 3 month avg: 670,414 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 04/03/2024 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.

Advanced Energy (AEIS)

Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 36 out of 60

Stock RS rank: 402 out of 616

8/8/24 close: $99.44

1 Month avg volatility: $4.29. Volatility stop (for downward breakout): $108.08 or 8.7% above the close.

Change YTD: -8.70%

Volume: 275,900 shares. 3 month avg: 447,252 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 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.

Air Transport Services Group (ATSG)

Industry: Air Transport

Industry RS rank: 53 out of 60

Stock RS rank: 492 out of 616

8/8/24 close: $13.26

1 Month avg volatility: $0.71. Volatility stop (for downward breakout): $14.92 or 12.5% above the close.

Change YTD: -24.70%

Volume: 358,000 shares. 3 month avg: 530,657 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 07/16/2024 to 07/31/2024

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.

American Express Co (AXP)

Industry: Financial Services

Industry RS rank: 41 out of 60

Stock RS rank: 185 out of 616

8/8/24 close: $233.54

1 Month avg volatility: $5.52. Volatility stop (for downward breakout): $245.55 or 5.1% above the close.

Change YTD: 24.66%

Volume: 2,223,900 shares. 3 month avg: 3,419,958 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Eve and Eve reversal pattern from 07/18/2024 to 07/31/2024

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.

American Financial Group (AFG)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 29 out of 60

Stock RS rank: 321 out of 616

8/8/24 close: $127.19

1 Month avg volatility: $2.70. Volatility stop (for downward breakout): $132.62 or 4.3% above the close.

Change YTD: 6.98%

Volume: 281,500 shares. 3 month avg: 353,085 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: Horn top reversal pattern from 07/15/2024 to 07/29/2024

Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

American International Group (AIG)

Industry: Insurance (Prop/Casualty)

Industry RS rank: 29 out of 60

Stock RS rank: 335 out of 616

8/8/24 close: $72.14

1 Month avg volatility: $1.74. Volatility stop (for downward breakout): $76.12 or 5.5% above the close.

Change YTD: 6.48%

Volume: 4,331,700 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: Horn top reversal pattern from 07/15/2024 to 07/29/2024

Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

American Woodmark Corp (AMWD)

Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 47 out of 60

Stock RS rank: 422 out of 616

8/8/24 close: $89.20

1 Month avg volatility: $4.03. Volatility stop (for downward breakout): $98.17 or 10.1% above the close.

Change YTD: -3.93%

Volume: 114,400 shares. 3 month avg: 141,992 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 07/22/2024 to 07/29/2024

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.

APA Corp. (APA)

Industry: Petroleum (Producing)

Industry RS rank: 11 out of 60

Stock RS rank: 477 out of 616

8/8/24 close: $28.45

1 Month avg volatility: $1.08. Volatility stop (for downward breakout): $30.62 or 7.6% above the close.

Change YTD: -20.71%

Volume: 4,628,100 shares. 3 month avg: 7,966,826 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: Horn top reversal pattern from 07/15/2024 to 07/29/2024

Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

Apogee Enterprises (APOG)

Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 47 out of 60

Stock RS rank: 156 out of 616

8/8/24 close: $61.46

1 Month avg volatility: $2.14. Volatility stop (for downward breakout): $66.46 or 8.1% above the close.

Change YTD: 15.07%

Volume: 96,500 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: Pipe top reversal pattern from 07/22/2024 to 07/29/2024

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.

AptarGroup Inc (ATR)

Industry: Packaging and Container

Industry RS rank: 13 out of 60

Stock RS rank: 208 out of 616

8/8/24 close: $145.56

1 Month avg volatility: $3.01. Volatility stop (for downward breakout): $152.18 or 4.6% above the close.

Change YTD: 17.75%

Volume: 259,300 shares. 3 month avg: 241,254 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 top reversal pattern from 07/15/2024 to 08/08/2024

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.

Armstrong World Industries (AWI)

Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 47 out of 60

Stock RS rank: 137 out of 616

8/8/24 close: $119.91

1 Month avg volatility: $3.80. Volatility stop (for downward breakout): $128.05 or 6.8% above the close.

Change YTD: 21.96%

Volume: 229,900 shares. 3 month avg: 508,948 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe top reversal pattern from 07/22/2024 to 07/29/2024

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.

Ashland Inc. (ASH)

Industry: Chemical (Basic)

Industry RS rank: 42 out of 60

Stock RS rank: 495 out of 616

8/8/24 close: $83.11

1 Month avg volatility: $2.16. Volatility stop (for downward breakout): $88.21 or 6.1% above the close.

Change YTD: -1.42%

Volume: 876,600 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: Triple top reversal pattern from 07/17/2024 to 07/31/2024

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.

Assured Guaranty Ltd. (AGO)

Industry: Insurance (Life)

Industry RS rank: 49 out of 60

Stock RS rank: 494 out of 616

8/8/24 close: $74.48

1 Month avg volatility: $1.87. Volatility stop (for downward breakout): $79.48 or 6.7% above the close.

Change YTD: -0.47%

Volume: 522,100 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: Double Top, Eve and Eve reversal pattern from 07/17/2024 to 07/29/2024

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.

Beacon Roofing Supply Inc. (BECN)

Industry: Retail Building Supply

Industry RS rank: 34 out of 60

Stock RS rank: 411 out of 616

8/8/24 close: $83.45

1 Month avg volatility: $3.89. Volatility stop (for downward breakout): $92.51 or 10.9% above the close.

Change YTD: -4.10%

Volume: 717,800 shares. 3 month avg: 811,195 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 07/31/2024

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.

Black Hills Corp (BKH)

Industry: Electric Utility (West)

Industry RS rank: 6 out of 60

Stock RS rank: 143 out of 616

8/8/24 close: $57.32

1 Month avg volatility: $1.07. Volatility stop (for downward breakout): $59.55 or 3.9% above the close.

Change YTD: 6.25%

Volume: 331,200 shares. 3 month avg: 512,838 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: Triple top reversal pattern from 07/17/2024 to 07/31/2024

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.

Boeing Company, The (BA)

Industry: Aerospace/Defense

Industry RS rank: 18 out of 60

Stock RS rank: 565 out of 616

8/8/24 close: $168.87

1 Month avg volatility: $6.18. Volatility stop (for downward breakout): $181.71 or 7.6% above the close.

Change YTD: -35.21%

Volume: 6,018,500 shares. 3 month avg: 3,332,308 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.

Chart pattern: Broadening top reversal pattern from 07/01/2024 to 07/31/2024

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.

Bread Financial Holdings (BFH)

Industry: Information Services

Industry RS rank: 48 out of 60

Stock RS rank: 17 out of 616

8/8/24 close: $47.73

1 Month avg volatility: $1.94. Volatility stop (for downward breakout): $52.17 or 9.3% above the close.

Change YTD: 44.90%

Volume: 868,700 shares. 3 month avg: 943,408 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 07/22/2024 to 07/29/2024

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.

Cemex SA de CV (CX)

Industry: Cement and Aggregates

Industry RS rank: 40 out of 60

Stock RS rank: 582 out of 616

8/8/24 close: $6.37

1 Month avg volatility: $0.27. Volatility stop (for downward breakout): $6.92 or 8.6% above the close.

Change YTD: -17.81%

Volume: 6,101,800 shares. 3 month avg: 9,928,860 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

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.

Chevron Corp (CVX)

Industry: Petroleum (Integrated)

Industry RS rank: 37 out of 60

Stock RS rank: 454 out of 616

8/8/24 close: $144.49

1 Month avg volatility: $3.10. Volatility stop (for downward breakout): $151.02 or 4.5% above the close.

Change YTD: -3.13%

Volume: 7,399,100 shares. 3 month avg: 5,172,805 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 Top, Adam and Adam reversal pattern from 07/18/2024 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.

Cisco Systems, Inc. (CSCO)

Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 4 out of 60

Stock RS rank: 488 out of 616

8/8/24 close: $45.83

1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $48.14 or 5.1% above the close.

Change YTD: -9.28%

Volume: 16,660,900 shares. 3 month avg: 19,682,477 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 07/17/2024 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.

Cleveland-Cliffs Inc (CLF)

Industry: Metals and Mining (Div.)

Industry RS rank: 14 out of 60

Stock RS rank: 591 out of 616

8/8/24 close: $13.34

1 Month avg volatility: $0.54. Volatility stop (for downward breakout): $14.77 or 10.7% above the close.

Change YTD: -34.67%

Volume: 6,382,300 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: Head-and-shoulders top reversal pattern from 07/03/2024 to 07/24/2024

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.

Columbus McKinnon (CMCO)

Industry: Machinery

Industry RS rank: 21 out of 60

Stock RS rank: 561 out of 616

8/8/24 close: $33.39

1 Month avg volatility: $1.31. Volatility stop (for downward breakout): $36.20 or 8.4% above the close.

Change YTD: -14.43%

Volume: 103,800 shares. 3 month avg: 120,960 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 07/22/2024 to 07/29/2024

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.

Comtech Telecommunications Corp (CMTL)

Industry: Telecom. Equipment

Industry RS rank: 33 out of 60

Stock RS rank: 609 out of 616

8/8/24 close: $3.15

1 Month avg volatility: $0.25. Volatility stop (for downward breakout): $3.74 or 18.8% above the close.

Change YTD: -62.63%

Volume: 273,500 shares. 3 month avg: 255,535 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

Chart pattern: Double Top, Eve and Eve reversal pattern from 07/12/2024 to 07/29/2024

WARNING: A dead-cat bounce occurred on 03/13/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 09/11/2024.
Breakout is 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.

ConAgra Brands Inc (CAG)

Industry: Food Processing

Industry RS rank: 15 out of 60

Stock RS rank: 270 out of 616

8/8/24 close: $30.30

1 Month avg volatility: $0.71. Volatility stop (for upward breakout): $28.17 or 7.0% below the close.

Change YTD: 5.72%

Volume: 3,057,800 shares. 3 month avg: 3,423,360 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: Ugly double bottom reversal pattern from 07/11/2024 to 07/23/2024

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.

CTS Corp (CTS)

Industry: Electronics

Industry RS rank: 38 out of 60

Stock RS rank: 269 out of 616

8/8/24 close: $45.72

1 Month avg volatility: $1.70. Volatility stop (for downward breakout): $49.15 or 7.5% above the close.

Change YTD: 4.53%

Volume: 137,800 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: Double Top, Adam and Adam reversal pattern from 07/17/2024 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.

Dentsply Sirona Inc. (XRAY)

Industry: Medical Supplies

Industry RS rank: 51 out of 60

Stock RS rank: 583 out of 616

8/8/24 close: $24.34

1 Month avg volatility: $0.88. Volatility stop (for downward breakout): $26.41 or 8.5% above the close.

Change YTD: -31.61%

Volume: 3,903,600 shares. 3 month avg: 2,503,563 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 top reversal pattern from 07/15/2024 to 07/29/2024

Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

DJ 20 Transportation (^DJT)

Industry: None

Industry RS rank: 32 out of 60

8/8/24 close: $15,435.17

1 Month avg volatility: $320.13. Volatility stop (for downward breakout): $16,092.18 or 4.3% above the close.

Change YTD: -2.92%

Volume: 107,285,200 shares. 3 month avg: 110,249,255 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 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.

DJ 30 Industrials (^DJI)

Industry: None

Industry RS rank: 32 out of 60

8/8/24 close: $39,446.49

1 Month avg volatility: $520.52. Volatility stop (for downward breakout): $40,549.43 or 2.8% above the close.

Change YTD: 4.66%

Volume: 0 shares. Could not calculate the 3 month avg volume.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 07/18/2024 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.

EPAM Systems Inc (EPAM)

Industry: IT Services

Industry RS rank: 17 out of 60

Stock RS rank: 593 out of 616

8/8/24 close: $191.16

1 Month avg volatility: $6.81. Volatility stop (for downward breakout): $207.20 or 8.4% above the close.

Change YTD: -35.71%

Volume: 2,000,800 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 07/18/2024 to 08/01/2024

WARNING: A dead-cat bounce occurred on 05/09/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/07/2024.
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.

Expeditors International of Washington (EXPD)

Industry: Air Transport

Industry RS rank: 53 out of 60

Stock RS rank: 474 out of 616

8/8/24 close: $119.12

1 Month avg volatility: $2.91. Volatility stop (for downward breakout): $125.15 or 5.1% above the close.

Change YTD: -6.35%

Volume: 1,206,600 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: Pipe top reversal pattern from 07/22/2024 to 07/29/2024

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.

Fastenal Company (FAST)

Industry: Retail Building Supply

Industry RS rank: 34 out of 60

Stock RS rank: 450 out of 616

8/8/24 close: $66.17

1 Month avg volatility: $1.72. Volatility stop (for downward breakout): $70.04 or 5.9% above the close.

Change YTD: 2.16%

Volume: 1,977,900 shares. 3 month avg: 2,417,771 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 07/18/2024 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.

Fidelity National Information Svcs (FIS)

Industry: Computer Software and Svcs

Industry RS rank: 57 out of 60

Stock RS rank: 70 out of 616

8/8/24 close: $76.43

1 Month avg volatility: $1.61. Volatility stop (for upward breakout): $72.73 or 4.8% below the close.

Change YTD: 27.23%

Volume: 3,160,000 shares. 3 month avg: 1,473,917 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: Multi-peaks from 05/20/2024 to 08/08/2024

Flextronics International Ltd (FLEX)

Industry: Electronics

Industry RS rank: 38 out of 60

Stock RS rank: 117 out of 616

8/8/24 close: $29.03

1 Month avg volatility: $1.18. Volatility stop (for downward breakout): $31.45 or 8.3% above the close.

Change YTD: -4.69%

Volume: 1,622,900 shares. 3 month avg: 3,241,565 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.

Chart pattern: Double Top, Eve and Adam reversal pattern from 05/30/2024 to 07/24/2024

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.

Flowserve Corp (FLS)

Industry: Machinery

Industry RS rank: 21 out of 60

Stock RS rank: 203 out of 616

8/8/24 close: $45.46

1 Month avg volatility: $1.42. Volatility stop (for downward breakout): $48.33 or 6.3% above the close.

Change YTD: 10.29%

Volume: 509,400 shares. 3 month avg: 1,457,883 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Eve and Eve reversal pattern from 07/18/2024 to 07/30/2024

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.

Franco-Nevada Corp (FNV)

Industry: Metals and Mining (Div.)

Industry RS rank: 14 out of 60

Stock RS rank: 197 out of 616

8/8/24 close: $119.68

1 Month avg volatility: $3.07. Volatility stop (for downward breakout): $127.07 or 6.2% above the close.

Change YTD: 8.00%

Volume: 379,100 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 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.

Freeport-McMoRan Copper and Gold B (FCX)

Industry: Metals and Mining (Div.)

Industry RS rank: 14 out of 60

Stock RS rank: 305 out of 616

8/8/24 close: $41.04

1 Month avg volatility: $1.45. Volatility stop (for downward breakout): $44.27 or 7.9% above the close.

Change YTD: -3.59%

Volume: 10,221,700 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 complex top reversal pattern from 04/12/2024 to 07/12/2024

Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

Goldman Sachs Group, The (GS)

Industry: Securities Brokerage

Industry RS rank: 19 out of 60

Stock RS rank: 58 out of 616

8/8/24 close: $485.77

1 Month avg volatility: $13.26. Volatility stop (for downward breakout): $514.25 or 5.9% above the close.

Change YTD: 25.92%

Volume: 1,928,000 shares. 3 month avg: 2,673,269 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, Adam and Adam reversal pattern from 07/17/2024 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.

Griffon Corp (GFF)

Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 47 out of 60

Stock RS rank: 533 out of 616

8/8/24 close: $58.29

1 Month avg volatility: $3.29. Volatility stop (for downward breakout): $65.44 or 12.3% above the close.

Change YTD: -4.36%

Volume: 707,100 shares. 3 month avg: 83,558 shares.
This security may be thinly traded (less than 100k 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: Dead-cat bounce continuation pattern from 08/07/2024 to 08/07/2024

Breakout is downward 67% of the time.
Average decline: 18%.

Hawaiian Electric Industries, Inc. (HE)

Industry: Electric Utility (West)

Industry RS rank: 6 out of 60

Stock RS rank: 86 out of 616

8/8/24 close: $15.98

1 Month avg volatility: $1.12. Volatility stop (for downward breakout): $18.37 or 15.0% above the close.

Change YTD: 12.61%

Volume: 1,721,900 shares. 3 month avg: 463,472 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: Dead-cat bounce continuation pattern from 07/22/2024 to 07/22/2024

Breakout is downward 67% of the time.
Average decline: 18%.

HealthEquity, Inc (HQY)

Industry: Healthcare Information

Industry RS rank: 55 out of 60

Stock RS rank: 480 out of 616

8/8/24 close: $71.92

1 Month avg volatility: $3.26. Volatility stop (for downward breakout): $79.03 or 9.9% above the close.

Change YTD: 8.48%

Volume: 521,800 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, Adam and Adam reversal pattern from 07/17/2024 to 07/26/2024

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.

Helmerich and Payne Inc. (HP)

Industry: Petroleum (Producing)

Industry RS rank: 11 out of 60

Stock RS rank: 507 out of 616

8/8/24 close: $34.72

1 Month avg volatility: $1.68. Volatility stop (for downward breakout): $38.33 or 10.4% above the close.

Change YTD: -4.14%

Volume: 1,009,100 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: Double Top, Adam and Adam reversal pattern from 07/17/2024 to 07/25/2024

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.

Henry Schein Inc. (HSIC)

Industry: Medical Supplies

Industry RS rank: 51 out of 60

Stock RS rank: 502 out of 616

8/8/24 close: $68.16

1 Month avg volatility: $2.11. Volatility stop (for downward breakout): $72.44 or 6.3% above the close.

Change YTD: -9.97%

Volume: 1,831,500 shares. 3 month avg: 2,211,905 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, Adam and Eve reversal pattern from 07/18/2024 to 08/02/2024

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.

Home Depot, Inc (HD)

Industry: Retail Building Supply

Industry RS rank: 34 out of 60

Stock RS rank: 443 out of 616

8/8/24 close: $348.34

1 Month avg volatility: $8.81. Volatility stop (for downward breakout): $366.36 or 5.2% above the close.

Change YTD: 0.52%

Volume: 3,576,300 shares. 3 month avg: 4,416,295 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 07/17/2024 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.

Hovnanian Enterprises Inc (HOV)

Industry: Homebuilding

Industry RS rank: 5 out of 60

Stock RS rank: 124 out of 616

8/8/24 close: $177.89

1 Month avg volatility: $12.17. Volatility stop (for downward breakout): $203.59 or 14.5% above the close.

Change YTD: 14.31%

Volume: 34,600 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 Tuesday.

Chart pattern: Pipe top reversal pattern from 07/22/2024 to 07/29/2024

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.

Hub Group Inc. (HUBG)

Industry: Trucking/Transp. Leasing

Industry RS rank: 59 out of 60

Stock RS rank: 408 out of 616

8/8/24 close: $43.41

1 Month avg volatility: $1.89. Volatility stop (for downward breakout): $47.31 or 9.0% above the close.

Change YTD: -5.57%

Volume: 529,200 shares. 3 month avg: 343,494 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Adam and Adam reversal pattern from 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.

Huntsman Corporation (HUN)

Industry: Chemical (Specialty)

Industry RS rank: 46 out of 60

Stock RS rank: 542 out of 616

8/8/24 close: $20.30

1 Month avg volatility: $0.67. Volatility stop (for downward breakout): $21.94 or 8.1% above the close.

Change YTD: -19.22%

Volume: 1,830,300 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 07/17/2024 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.

Illinois Tool Works Inc. (ITW)

Industry: Metal Fabricating

Industry RS rank: 24 out of 60

Stock RS rank: 464 out of 616

8/8/24 close: $239.77

1 Month avg volatility: $5.69. Volatility stop (for downward breakout): $251.53 or 4.9% above the close.

Change YTD: -8.46%

Volume: 800,300 shares. 3 month avg: 1,083,738 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: Horn top reversal pattern from 07/15/2024 to 07/29/2024

Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

Incyte Corp. (INCY)

Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 43 out of 60

Stock RS rank: 253 out of 616

8/8/24 close: $61.78

1 Month avg volatility: $1.97. Volatility stop (for downward breakout): $65.96 or 6.8% above the close.

Change YTD: -1.61%

Volume: 2,473,900 shares. 3 month avg: 1,771,434 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 07/22/2024 to 07/29/2024

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.

Insteel Industries Inc (IIIN)

Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 47 out of 60

Stock RS rank: 510 out of 616

8/8/24 close: $31.07

1 Month avg volatility: $1.35. Volatility stop (for downward breakout): $34.26 or 10.3% above the close.

Change YTD: -18.86%

Volume: 60,800 shares. 3 month avg: 163,711 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.

Chart pattern: Pipe top reversal pattern from 07/29/2024 to 07/29/2024

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.

Intel Corporation (INTC)

Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 36 out of 60

Stock RS rank: 612 out of 616

8/8/24 close: $20.49

1 Month avg volatility: $1.20. Volatility stop (for downward breakout): $22.96 or 12.0% above the close.

Change YTD: -59.22%

Volume: 95,664,600 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: Dead-cat bounce continuation pattern from 08/02/2024 to 08/02/2024

Breakout is downward 67% of the time.
Average decline: 18%.

Interactive Brokers Group Inc (IBKR)

Industry: Securities Brokerage

Industry RS rank: 19 out of 60

Stock RS rank: 83 out of 616

8/8/24 close: $115.48

1 Month avg volatility: $3.19. Volatility stop (for downward breakout): $122.29 or 5.9% above the close.

Change YTD: 39.30%

Volume: 1,040,000 shares. 3 month avg: 658,995 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 05/28/2024 to 07/03/2024

Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

KLA-Tencor Corporation (KLAC)

Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 25 out of 60

Stock RS rank: 75 out of 616

8/8/24 close: $752.29

1 Month avg volatility: $39.40. Volatility stop (for downward breakout): $832.80 or 10.7% above the close.

Change YTD: 29.42%

Volume: 1,011,000 shares. 3 month avg: 1,563,420 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 06/18/2024 to 07/11/2024

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.

L3Harris Technologies (LHX)

Industry: Aerospace/Defense

Industry RS rank: 18 out of 60

Stock RS rank: 213 out of 616

8/8/24 close: $230.62

1 Month avg volatility: $4.99. Volatility stop (for downward breakout): $240.77 or 4.4% above the close.

Change YTD: 9.50%

Volume: 765,400 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: Double Top, Adam and Adam reversal pattern from 07/17/2024 to 07/25/2024

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.

LiveRamp Holdings (RAMP)

Industry: Computer Software and Svcs

Industry RS rank: 57 out of 60

Stock RS rank: 607 out of 616

8/8/24 close: $21.83

1 Month avg volatility: $0.98. Volatility stop (for downward breakout): $28.38 or 30.0% above the close.

Change YTD: -42.37%

Volume: 3,751,500 shares. 3 month avg: 906,945 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: Dead-cat bounce continuation pattern from 08/08/2024 to 08/08/2024

Breakout is downward 67% of the time.
Average decline: 18%.

M/I Homes, Inc. (MHO)

Industry: Homebuilding

Industry RS rank: 5 out of 60

Stock RS rank: 115 out of 616

8/8/24 close: $142.46

1 Month avg volatility: $7.28. Volatility stop (for downward breakout): $160.61 or 12.7% above the close.

Change YTD: 3.43%

Volume: 234,900 shares. 3 month avg: 297,328 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.

Chart pattern: Pipe top reversal pattern from 07/22/2024 to 07/29/2024

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.

Magnolia Oil and Gas Corp (MGY)

Industry: Petroleum (Producing)

Industry RS rank: 11 out of 60

Stock RS rank: 96 out of 616

8/8/24 close: $24.37

1 Month avg volatility: $0.74. Volatility stop (for downward breakout): $26.29 or 7.9% above the close.

Change YTD: 14.47%

Volume: 3,064,500 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: Double Top, Adam and Adam reversal pattern from 07/18/2024 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.

Manpower Inc. (MAN)

Industry: Human Resources

Industry RS rank: 58 out of 60

Stock RS rank: 412 out of 616

8/8/24 close: $71.14

1 Month avg volatility: $2.12. Volatility stop (for downward breakout): $75.70 or 6.4% above the close.

Change YTD: -10.48%

Volume: 293,700 shares. 3 month avg: 353,946 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 Adam reversal pattern from 07/18/2024 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.

Marathon Oil (MRO)

Industry: Petroleum (Integrated)

Industry RS rank: 37 out of 60

Stock RS rank: 98 out of 616

8/8/24 close: $27.27

1 Month avg volatility: $0.58. Volatility stop (for downward breakout): $28.53 or 4.6% above the close.

Change YTD: 12.87%

Volume: 4,903,400 shares. 3 month avg: 10,621,542 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: Triple top reversal pattern from 05/29/2024 to 07/18/2024

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.

Merck and Co., Inc. (MRK)

Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 43 out of 60

Stock RS rank: 508 out of 616

8/8/24 close: $113.92

1 Month avg volatility: $2.83. Volatility stop (for downward breakout): $119.89 or 5.2% above the close.

Change YTD: 4.49%

Volume: 8,266,100 shares. 3 month avg: 11,487,503 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: Three Falling Peaks reversal pattern from 06/25/2024 to 07/26/2024

Breakout is downward 100% of the time.
Average decline: 17%.
Break-even failure rate: 12%.
Pullbacks occur 59% of the time.
Price hits measure rule target 33% of the time.

Murphy Oil Corporation (MUR)

Industry: Petroleum (Integrated)

Industry RS rank: 37 out of 60

Stock RS rank: 421 out of 616

8/8/24 close: $37.04

1 Month avg volatility: $1.12. Volatility stop (for downward breakout): $40.99 or 10.7% above the close.

Change YTD: -13.17%

Volume: 3,268,000 shares. 3 month avg: 2,218,335 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Head-and-shoulders top reversal pattern from 06/28/2024 to 07/31/2024

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.

Nabors Industries, Ltd. (NBR)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 52 out of 60

Stock RS rank: 348 out of 616

8/8/24 close: $82.56

1 Month avg volatility: $5.89. Volatility stop (for downward breakout): $94.81 or 14.8% above the close.

Change YTD: 1.14%

Volume: 339,600 shares. 3 month avg: 10,861,705 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.

Chart pattern: Pipe top reversal pattern from 07/22/2024 to 07/29/2024

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.

National Oilwell Varco (NOV)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 52 out of 60

Stock RS rank: 307 out of 616

8/8/24 close: $17.99

1 Month avg volatility: $0.65. Volatility stop (for downward breakout): $19.34 or 7.5% above the close.

Change YTD: -11.29%

Volume: 2,187,300 shares. 3 month avg: 3,130,966 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Pipe top reversal pattern from 07/22/2024 to 07/29/2024

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.

Olin Corp. (OLN)

Industry: Chemical (Basic)

Industry RS rank: 42 out of 60

Stock RS rank: 558 out of 616

8/8/24 close: $41.03

1 Month avg volatility: $1.28. Volatility stop (for downward breakout): $44.10 or 7.5% above the close.

Change YTD: -23.95%

Volume: 1,111,800 shares. 3 month avg: 1,697,154 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

Chart pattern: Head-and-shoulders top reversal pattern from 01/26/2024 to 05/15/2024

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.

On Assignment, Inc. (ASGN)

Industry: Human Resources

Industry RS rank: 58 out of 60

Stock RS rank: 470 out of 616

8/8/24 close: $88.67

1 Month avg volatility: $3.16. Volatility stop (for downward breakout): $95.25 or 7.4% above the close.

Change YTD: -7.80%

Volume: 247,000 shares. 3 month avg: 295,840 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: 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.

Park Electrochemical (PKE)

Industry: Chemical (Specialty)

Industry RS rank: 46 out of 60

Stock RS rank: 526 out of 616

8/8/24 close: $12.40

1 Month avg volatility: $0.48. Volatility stop (for downward breakout): $13.43 or 8.3% above the close.

Change YTD: -15.65%

Volume: 90,800 shares. 3 month avg: 77,045 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.

Chart pattern: Pipe top reversal pattern from 07/08/2024 to 07/15/2024

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.

Patterson Companies Inc. (PDCO)

Industry: Medical Supplies

Industry RS rank: 51 out of 60

Stock RS rank: 536 out of 616

8/8/24 close: $24.43

1 Month avg volatility: $0.68. Volatility stop (for downward breakout): $25.78 or 5.5% above the close.

Change YTD: -14.13%

Volume: 402,500 shares. 3 month avg: 1,885,975 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 Top, Adam and Adam reversal pattern from 07/18/2024 to 07/30/2024

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.

Patterson-UTI Energy Inc. (PTEN)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 52 out of 60

Stock RS rank: 552 out of 616

8/8/24 close: $8.87

1 Month avg volatility: $0.42. Volatility stop (for downward breakout): $9.80 or 10.4% above the close.

Change YTD: -17.87%

Volume: 5,294,100 shares. 3 month avg: 3,925,269 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 07/17/2024 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.

Portland General Electric Co. (POR)

Industry: Electric Utility (West)

Industry RS rank: 6 out of 60

Stock RS rank: 123 out of 616

8/8/24 close: $46.56

1 Month avg volatility: $0.93. Volatility stop (for downward breakout): $48.67 or 4.5% above the close.

Change YTD: 7.43%

Volume: 587,900 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: Double Top, Eve and Adam reversal pattern from 07/25/2024 to 08/02/2024

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.

PPL Corporation (PPL)

Industry: Electric Utility (East)

Industry RS rank: 1 out of 60

Stock RS rank: 112 out of 616

8/8/24 close: $30.51

1 Month avg volatility: $0.55. Volatility stop (for upward breakout): $29.13 or 4.5% below the close.

Change YTD: 12.58%

Volume: 4,696,000 shares. 3 month avg: 4,479,998 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: Falling wedge from 05/29/2024 to 07/10/2024

Breakout is upward 68% of the time.
Average rise: 32%.
Break-even failure rate: 11%.
Throwbacks occur 56% of the time.
Price hits measure rule target 70% of the time.

Rockwell Automation Inc (ROK)

Industry: Diversified Co.

Industry RS rank: 30 out of 60

Stock RS rank: 439 out of 616

8/8/24 close: $259.14

1 Month avg volatility: $9.51. Volatility stop (for downward breakout): $280.11 or 8.1% above the close.

Change YTD: -16.54%

Volume: 879,000 shares. 3 month avg: 619,245 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 06/28/2024 to 07/31/2024

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.

Royal Gold, Inc (RGLD)

Industry: Metals and Mining (Div.)

Industry RS rank: 14 out of 60

Stock RS rank: 157 out of 616

8/8/24 close: $127.93

1 Month avg volatility: $3.15. Volatility stop (for downward breakout): $138.25 or 8.1% above the close.

Change YTD: 5.76%

Volume: 376,400 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: Triple top reversal pattern from 07/17/2024 to 08/02/2024

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.

salesforce com (CRM)

Industry: E-Commerce

Industry RS rank: 44 out of 60

Stock RS rank: 527 out of 616

8/8/24 close: $249.12

1 Month avg volatility: $6.84. Volatility stop (for downward breakout): $263.11 or 5.6% above the close.

Change YTD: -5.33%

Volume: 4,461,600 shares. 3 month avg: 4,417,257 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.

Chart pattern: Double Top, Adam and Eve reversal pattern from 07/05/2024 to 07/29/2024

WARNING: A dead-cat bounce occurred on 05/30/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 08/29/2024 and a 38% chance by 11/28/2024.
Breakout is 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.

Sally Beauty (SBH)

Industry: Toiletries/Cosmetics

Industry RS rank: 60 out of 60

Stock RS rank: 563 out of 616

8/8/24 close: $10.30

1 Month avg volatility: $0.51. Volatility stop (for downward breakout): $11.90 or 15.5% above the close.

Change YTD: -22.44%

Volume: 2,622,000 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: Horn top reversal pattern from 07/15/2024 to 07/29/2024

Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

Schlumberger Limited (SLB)

Industry: Oilfield Svcs/Equipment

Industry RS rank: 52 out of 60

Stock RS rank: 489 out of 616

8/8/24 close: $43.69

1 Month avg volatility: $1.21. Volatility stop (for downward breakout): $46.17 or 5.7% above the close.

Change YTD: -16.05%

Volume: 6,693,800 shares. 3 month avg: 8,320,412 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.

Chart pattern: Pipe top reversal pattern from 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.

Sitio Royalties Corp (STR)

Industry: Natural Gas (Diversified)

Industry RS rank: 2 out of 60

Stock RS rank: 265 out of 616

8/8/24 close: $22.24

1 Month avg volatility: $0.68. Volatility stop (for downward breakout): $23.97 or 7.8% above the close.

Change YTD: -5.40%

Volume: 1,009,000 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: Head-and-shoulders top reversal pattern from 07/03/2024 to 07/31/2024

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.

Southwest Gas Corp. (SWX)

Industry: Natural Gas (Distributor)

Industry RS rank: 7 out of 60

Stock RS rank: 77 out of 616

8/8/24 close: $71.23

1 Month avg volatility: $2.16. Volatility stop (for downward breakout): $75.81 or 6.4% above the close.

Change YTD: 12.44%

Volume: 255,000 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 Friday.

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.

Standex International Corp (SXI)

Industry: Diversified Co.

Industry RS rank: 30 out of 60

Stock RS rank: 192 out of 616

8/8/24 close: $169.03

1 Month avg volatility: $5.72. Volatility stop (for downward breakout): $180.78 or 7.0% above the close.

Change YTD: 6.72%

Volume: 39,700 shares. 3 month avg: 37,109 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: Triple top reversal pattern from 07/17/2024 to 07/31/2024

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.

Tapestry Inc (TPR)

Industry: Apparel

Industry RS rank: 12 out of 60

Stock RS rank: 469 out of 616

8/8/24 close: $37.93

1 Month avg volatility: $1.18. Volatility stop (for downward breakout): $40.37 or 6.4% above the close.

Change YTD: 3.04%

Volume: 3,170,800 shares. 3 month avg: 3,145,718 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, Eve and Adam reversal pattern from 06/03/2024 to 07/12/2024

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.

Tempur-pedic Intl (TPX)

Industry: Furn/Home Furnishings

Industry RS rank: 50 out of 60

Stock RS rank: 433 out of 616

8/8/24 close: $49.60

1 Month avg volatility: $1.77. Volatility stop (for downward breakout): $53.71 or 8.3% above the close.

Change YTD: -2.69%

Volume: 2,031,600 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: 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.

Textron Inc (TXT)

Industry: Diversified Co.

Industry RS rank: 30 out of 60

Stock RS rank: 434 out of 616

8/8/24 close: $84.78

1 Month avg volatility: $2.14. Volatility stop (for downward breakout): $89.46 or 5.5% above the close.

Change YTD: 5.42%

Volume: 1,517,100 shares. 3 month avg: 1,342,598 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Eve and Adam reversal pattern from 07/18/2024 to 07/31/2024

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.

Timken Co., The (TKR)

Industry: Metal Fabricating

Industry RS rank: 24 out of 60

Stock RS rank: 400 out of 616

8/8/24 close: $81.07

1 Month avg volatility: $2.64. Volatility stop (for downward breakout): $86.46 or 6.7% above the close.

Change YTD: 1.15%

Volume: 515,800 shares. 3 month avg: 853,643 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, Adam and Adam reversal pattern from 07/18/2024 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.

Tractor Supply Co (TSCO)

Industry: Retail Building Supply

Industry RS rank: 34 out of 60

Stock RS rank: 184 out of 616

8/8/24 close: $260.92

1 Month avg volatility: $7.58. Volatility stop (for downward breakout): $277.12 or 6.2% above the close.

Change YTD: 21.34%

Volume: 694,200 shares. 3 month avg: 2,128,008 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.

Chart pattern: Head-and-shoulders top reversal pattern from 05/20/2024 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.

Trex Company (TREX)

Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 47 out of 60

Stock RS rank: 590 out of 616

8/8/24 close: $60.70

1 Month avg volatility: $2.97. Volatility stop (for downward breakout): $68.43 or 12.7% above the close.

Change YTD: -26.68%

Volume: 2,547,900 shares. 3 month avg: 245,355 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.

Chart pattern: Horn top reversal pattern from 07/15/2024 to 07/29/2024

WARNING: A dead-cat bounce occurred on 08/07/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/06/2024 and a 38% chance by 02/05/2025.
Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

UGI Corp. (UGI)

Industry: Natural Gas (Distributor)

Industry RS rank: 7 out of 60

Stock RS rank: 388 out of 616

8/8/24 close: $23.42

1 Month avg volatility: $0.45. Volatility stop (for downward breakout): $25.02 or 6.8% above the close.

Change YTD: -4.80%

Volume: 2,287,600 shares. 3 month avg: 686,418 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 07/18/2024 to 08/01/2024

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.

Visteon Corp (VC)

Industry: Electronics

Industry RS rank: 38 out of 60

Stock RS rank: 534 out of 616

8/8/24 close: $100.53

1 Month avg volatility: $3.92. Volatility stop (for downward breakout): $109.25 or 8.7% above the close.

Change YTD: -19.51%

Volume: 365,500 shares. 3 month avg: 255,915 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.

Chart pattern: Double Top, Eve and Eve reversal pattern from 07/18/2024 to 07/31/2024

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.

Wal-Mart Stores Inc. (WMT)

Industry: Retail Store

Industry RS rank: 20 out of 60

Stock RS rank: 101 out of 616

8/8/24 close: $67.66

1 Month avg volatility: $1.02. Volatility stop (for downward breakout): $69.96 or 3.4% above the close.

Change YTD: 28.75%

Volume: 12,471,500 shares. 3 month avg: 6,204,140 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.

Chart pattern: Head-and-shoulders top reversal pattern from 07/10/2024 to 08/02/2024

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.

Western Union Co (WU)

Industry: Financial Services

Industry RS rank: 41 out of 60

Stock RS rank: 414 out of 616

8/8/24 close: $11.62

1 Month avg volatility: $0.26. Volatility stop (for downward breakout): $12.20 or 5.0% above the close.

Change YTD: -2.52%

Volume: 4,173,400 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, Adam and Adam reversal pattern from 07/17/2024 to 07/30/2024

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.

Wolverine World Wide (WWW)

Industry: Shoe

Industry RS rank: 16 out of 60

Stock RS rank: 3 out of 616

8/8/24 close: $13.00

1 Month avg volatility: $0.67. Volatility stop (for downward breakout): $14.93 or 14.8% above the close.

Change YTD: 46.23%

Volume: 1,690,200 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: Pipe top reversal pattern from 07/22/2024 to 07/29/2024

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.

Workday, Inc (WDAY)

Industry: Computer Software and Svcs

Industry RS rank: 57 out of 60

Stock RS rank: 584 out of 616

8/8/24 close: $212.18

1 Month avg volatility: $6.08. Volatility stop (for downward breakout): $226.26 or 6.6% above the close.

Change YTD: -23.14%

Volume: 1,999,200 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: Diamond top reversal pattern from 07/03/2024 to 07/31/2024

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.

First Trust DJ Internet ETF (FDN)

Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.

Industry RS rank: 54 out of 60

Stock RS rank: 456 out of 616

8/8/24 close: $189.13

1 Month avg volatility: $3.85. Volatility stop (for downward breakout): $197.26 or 4.3% above the close.

Change YTD: 1.38%

Volume: 670,800 shares. 3 month avg: 212,098 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: Triple top reversal pattern from 04/11/2024 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.

Vanguard Mega Cap Growth ETF (MGK)

Industry: None

Industry RS rank: 32 out of 60

Stock RS rank: 299 out of 616

8/8/24 close: $294.65

1 Month avg volatility: $6.38. Volatility stop (for downward breakout): $308.02 or 4.5% above the close.

Change YTD: 13.54%

Volume: 715,400 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.

Chart pattern: Head-and-shoulders top reversal pattern from 03/08/2024 to 04/11/2024

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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