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%
|
 42,000 or 40,100 by 10/01/202416,200 or 15,300 by 10/01/20241,100 or 1,000 by 10/01/202418,400 or 16,650 by 10/01/20245,750 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%
| |
|
42,000 or 40,100 by 10/01/202416,200 or 15,300 by 10/01/20241,100 or 1,000 by 10/01/202418,400 or 16,650 by 10/01/20245,750 or 5,400 by 10/01/2024 | ||
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Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: ApparelIndustry RS rank: 46 out of 60Stock RS rank: 26 out of 6168/22/24 close: $165.201 Month avg volatility: $7.16. Volatility stop (for upward breakout): $150.57 or 8.9% below the close.Change YTD: 87.26%Volume: 1,247,500 shares. 3 month avg: 2,821,334 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.Chart pattern: Pipe bottom reversal pattern from 07/29/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: IT ServicesIndustry RS rank: 13 out of 60Stock RS rank: 467 out of 6168/22/24 close: $84.761 Month avg volatility: $1.51. Volatility stop (for upward breakout): $81.53 or 3.8% below the close.Change YTD: -3.56%Volume: 412,100 shares. 3 month avg: 895,243 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, Adam and Adam reversal pattern from 08/07/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Medical ServicesIndustry RS rank: 37 out of 60Stock RS rank: 352 out of 6168/22/24 close: $97.471 Month avg volatility: $0.54. Volatility stop (for upward breakout): $96.29 or 1.2% below the close.Change YTD: 2.54%Volume: 341,300 shares. 3 month avg: 412,928 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: Triangle, symmetrical continuation pattern from 07/26/2024 to 08/20/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: ElectronicsIndustry RS rank: 30 out of 60Stock RS rank: 71 out of 6168/22/24 close: $66.761 Month avg volatility: $1.87. Volatility stop (for upward breakout): $62.81 or 5.9% below the close.Change YTD: 34.69%Volume: 4,180,100 shares. 3 month avg: 1,207,969 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 07/29/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 49 out of 60Stock RS rank: 151 out of 6168/22/24 close: $64.001 Month avg volatility: $1.83. Volatility stop (for upward breakout): $60.03 or 6.2% below the close.Change YTD: 19.83%Volume: 43,700 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 bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Insurance (Prop/Casualty)Industry RS rank: 22 out of 60Stock RS rank: 79 out of 6168/22/24 close: $106.511 Month avg volatility: $2.25. Volatility stop (for upward breakout): $100.26 or 5.9% below the close.Change YTD: 43.41%Volume: 1,144,800 shares. 3 month avg: 517,168 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Triple bottom reversal pattern from 07/25/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 4%.Throwbacks occur 64% of the time.Price hits measure rule target 64% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 50 out of 60Stock RS rank: 423 out of 6168/22/24 close: $249.911 Month avg volatility: $5.05. Volatility stop (for upward breakout): $239.48 or 4.2% below the close.Change YTD: 2.64%Volume: 790,300 shares. 3 month avg: 2,150,943 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 07/29/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Chemical (Specialty)Industry RS rank: 55 out of 60Stock RS rank: 133 out of 6168/22/24 close: $46.731 Month avg volatility: $1.25. Volatility stop (for upward breakout): $43.89 or 6.1% below the close.Change YTD: 12.41%Volume: 212,100 shares. 3 month avg: 523,769 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 bottom reversal pattern from 07/29/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Industrial ServicesIndustry RS rank: 5 out of 60Stock RS rank: 52 out of 6168/22/24 close: $105.261 Month avg volatility: $3.12. Volatility stop (for upward breakout): $98.45 or 6.5% below the close.Change YTD: 19.68%Volume: 284,600 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 10 out of 60Stock RS rank: 85 out of 6168/22/24 close: $28.221 Month avg volatility: $0.74. Volatility stop (for upward breakout): $26.59 or 5.8% below the close.Change YTD: 22.75%Volume: 194,600 shares. 3 month avg: 99,982 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 Friday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 07/09/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 367 out of 6168/22/24 close: $50.221 Month avg volatility: $1.00. Volatility stop (for upward breakout): $48.17 or 4.1% below the close.Change YTD: -0.59%Volume: 16,027,200 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 Bottom, Adam and Adam reversal pattern from 08/06/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Household ProductsIndustry RS rank: 25 out of 60Stock RS rank: 422 out of 6168/22/24 close: $151.121 Month avg volatility: $2.83. Volatility stop (for upward breakout): $145.00 or 4.1% below the close.Change YTD: 5.98%Volume: 1,082,400 shares. 3 month avg: 971,306 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 07/30/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Telecom. EquipmentIndustry RS rank: 29 out of 60Stock RS rank: 612 out of 6168/22/24 close: $3.261 Month avg volatility: $0.21. Volatility stop (for upward breakout): $2.80 or 14.2% below the close.Change YTD: -61.33%Volume: 116,400 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: Broadening top, right-angled and descending continuation pattern from 07/12/2024 to 08/19/2024WARNING: 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 upward 51% of the time.Average rise: 28%.Break-even failure rate: 19%.Throwbacks occur 52% of the time.Price hits measure rule target 63% of the time.
Industry: Telecom. EquipmentIndustry RS rank: 29 out of 60Stock RS rank: 61 out of 6168/22/24 close: $41.271 Month avg volatility: $0.85. Volatility stop (for upward breakout): $39.51 or 4.3% below the close.Change YTD: 35.53%Volume: 3,734,000 shares. 3 month avg: 5,449,098 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 07/30/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Toiletries/CosmeticsIndustry RS rank: 60 out of 60Stock RS rank: 570 out of 6168/22/24 close: $10.021 Month avg volatility: $0.31. Volatility stop (for upward breakout): $9.34 or 6.8% below the close.Change YTD: -19.32%Volume: 4,949,100 shares. 3 month avg: 5,764,371 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: Electric Utility (East)Industry RS rank: 3 out of 60Stock RS rank: 129 out of 6168/22/24 close: $112.121 Month avg volatility: $1.93. Volatility stop (for upward breakout): $107.58 or 4.1% below the close.Change YTD: 15.54%Volume: 5,168,000 shares. 3 month avg: 2,571,354 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Triangle, symmetrical continuation pattern from 08/05/2024 to 08/16/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Air TransportIndustry RS rank: 52 out of 60Stock RS rank: 116 out of 6168/22/24 close: $294.281 Month avg volatility: $5.44. Volatility stop (for downward breakout): $305.51 or 3.8% above the close.Change YTD: 16.33%Volume: 980,000 shares. 3 month avg: 1,372,055 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Head-and-shoulders top reversal pattern from 06/28/2024 to 08/01/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 43 out of 60Stock RS rank: 173 out of 6168/22/24 close: $163.801 Month avg volatility: $3.93. Volatility stop (for upward breakout): $155.45 or 5.1% below the close.Change YTD: 17.26%Volume: 22,356,100 shares. 3 month avg: 1,574,874 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 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 45 out of 60Stock RS rank: 118 out of 6168/22/24 close: $52.161 Month avg volatility: $1.42. Volatility stop (for upward breakout): $49.08 or 5.9% below the close.Change YTD: 24.70%Volume: 133,800 shares. 3 month avg: 239,735 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.Chart pattern: Pipe bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 49 out of 60Stock RS rank: 478 out of 6168/22/24 close: $32.591 Month avg volatility: $0.92. Volatility stop (for upward breakout): $30.75 or 5.7% below the close.Change YTD: -14.89%Volume: 62,200 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 bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 14 out of 60Stock RS rank: 611 out of 6168/22/24 close: $20.101 Month avg volatility: $0.96. Volatility stop (for upward breakout): $18.12 or 9.8% below the close.Change YTD: -60.00%Volume: 81,006,500 shares. 3 month avg: 27,019,903 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Pipe bottom reversal pattern from 08/05/2024 to 08/12/2024WARNING: A dead-cat bounce occurred on 08/02/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/01/2024 and a 38% chance by 01/31/2025.Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: BiotechnologyIndustry RS rank: 23 out of 60Stock RS rank: 514 out of 6168/22/24 close: $114.551 Month avg volatility: $2.84. Volatility stop (for upward breakout): $107.85 or 5.9% below the close.Change YTD: -6.87%Volume: 448,100 shares. 3 month avg: 454,337 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 08/05/2024 to 08/13/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Household ProductsIndustry RS rank: 25 out of 60Stock RS rank: 132 out of 6168/22/24 close: $144.601 Month avg volatility: $2.32. Volatility stop (for upward breakout): $139.29 or 3.7% below the close.Change YTD: 19.00%Volume: 1,409,500 shares. 3 month avg: 1,751,606 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 07/31/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: HomebuildingIndustry RS rank: 1 out of 60Stock RS rank: 54 out of 6168/22/24 close: $154.731 Month avg volatility: $6.37. Volatility stop (for upward breakout): $141.59 or 8.5% below the close.Change YTD: 12.33%Volume: 186,700 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 bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Petroleum (Producing)Industry RS rank: 54 out of 60Stock RS rank: 215 out of 6168/22/24 close: $24.681 Month avg volatility: $0.71. Volatility stop (for downward breakout): $26.27 or 6.5% above the close.Change YTD: 15.92%Volume: 1,689,200 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Double Top, Eve and Adam reversal pattern from 07/18/2024 to 08/01/2024Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: IT ServicesIndustry RS rank: 13 out of 60Stock RS rank: 279 out of 6168/22/24 close: $259.711 Month avg volatility: $7.24. Volatility stop (for upward breakout): $244.62 or 5.8% below the close.Change YTD: 20.62%Volume: 298,300 shares. 3 month avg: 726,191 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 07/15/2024 to 07/22/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 26 out of 60Stock RS rank: 503 out of 6168/22/24 close: $116.551 Month avg volatility: $2.64. Volatility stop (for upward breakout): $109.95 or 5.7% below the close.Change YTD: 6.91%Volume: 8,196,200 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: Double Bottom, Eve and Adam reversal pattern from 08/07/2024 to 08/14/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: Chemical (Basic)Industry RS rank: 40 out of 60Stock RS rank: 556 out of 6168/22/24 close: $42.771 Month avg volatility: $1.18. Volatility stop (for upward breakout): $40.36 or 5.6% below the close.Change YTD: -20.72%Volume: 668,600 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: Pipe bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: E-CommerceIndustry RS rank: 21 out of 60Stock RS rank: 549 out of 6168/22/24 close: $31.861 Month avg volatility: $0.81. Volatility stop (for upward breakout): $30.16 or 5.4% below the close.Change YTD: -24.18%Volume: 503,300 shares. 3 month avg: 520,157 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 07/29/2024 to 08/05/2024WARNING: A dead-cat bounce occurred on 05/03/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/01/2024.Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Medical SuppliesIndustry RS rank: 53 out of 60Stock RS rank: 593 out of 6168/22/24 close: $15.651 Month avg volatility: $0.84. Volatility stop (for upward breakout): $13.89 or 11.3% below the close.Change YTD: -18.79%Volume: 357,000 shares. 3 month avg: 1,209,165 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: Triangle, symmetrical continuation pattern from 07/23/2024 to 08/22/2024WARNING: A dead-cat bounce occurred on 05/03/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/01/2024.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.
Industry: E-CommerceIndustry RS rank: 21 out of 60Stock RS rank: 519 out of 6168/22/24 close: $153.071 Month avg volatility: $5.45. Volatility stop (for upward breakout): $140.94 or 7.9% below the close.Change YTD: -7.15%Volume: 384,500 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: Triangle, symmetrical continuation pattern from 08/02/2024 to 08/22/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Chemical (Diversified)Industry RS rank: 39 out of 60Stock RS rank: 525 out of 6168/22/24 close: $125.161 Month avg volatility: $2.01. Volatility stop (for upward breakout): $120.45 or 3.8% below the close.Change YTD: -16.31%Volume: 1,048,700 shares. 3 month avg: 1,342,054 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Pipe bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 13 out of 6168/22/24 close: $60.951 Month avg volatility: $2.17. Volatility stop (for upward breakout): $56.45 or 7.4% below the close.Change YTD: 70.92%Volume: 1,854,800 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 07/29/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Medical ServicesIndustry RS rank: 37 out of 60Stock RS rank: 128 out of 6168/22/24 close: $152.841 Month avg volatility: $2.98. Volatility stop (for downward breakout): $159.27 or 4.2% above the close.Change YTD: 10.85%Volume: 477,400 shares. 3 month avg: 1,490,418 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: Rising wedge reversal pattern from 07/17/2024 to 08/13/2024Breakout is downward 69% of the time.Average decline: 14%.Break-even failure rate: 24%.Pullbacks occur 63% of the time.Price hits measure rule target 46% of the time.
Industry: E-CommerceIndustry RS rank: 21 out of 60Stock RS rank: 139 out of 6168/22/24 close: $49.191 Month avg volatility: $1.27. Volatility stop (for upward breakout): $46.62 or 5.2% below the close.Change YTD: 2.86%Volume: 519,100 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 bottom reversal pattern from 07/29/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 45 out of 60Stock RS rank: 319 out of 6168/22/24 close: $13.451 Month avg volatility: $0.38. Volatility stop (for upward breakout): $12.67 or 5.8% below the close.Change YTD: -0.52%Volume: 344,100 shares. 3 month avg: 708,518 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Pipe bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: ElectronicsIndustry RS rank: 30 out of 60Stock RS rank: 603 out of 6168/22/24 close: $7.731 Month avg volatility: $0.34. Volatility stop (for upward breakout): $7.05 or 8.9% below the close.Change YTD: -45.87%Volume: 197,700 shares. 3 month avg: 835,520 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.Chart pattern: Pipe bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: AdvertisingIndustry RS rank: 8 out of 60Stock RS rank: 80 out of 6168/22/24 close: $103.171 Month avg volatility: $3.87. Volatility stop (for upward breakout): $95.17 or 7.8% below the close.Change YTD: 43.37%Volume: 2,111,400 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 bottom reversal pattern from 07/29/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Retail StoreIndustry RS rank: 31 out of 60Stock RS rank: 122 out of 6168/22/24 close: $119.001 Month avg volatility: $1.82. Volatility stop (for upward breakout): $115.11 or 3.3% below the close.Change YTD: 26.85%Volume: 7,731,800 shares. 3 month avg: 5,055,712 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 bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Insurance (Prop/Casualty)Industry RS rank: 22 out of 60Stock RS rank: 418 out of 6168/22/24 close: $217.861 Month avg volatility: $3.74. Volatility stop (for upward breakout): $208.69 or 4.2% below the close.Change YTD: 14.37%Volume: 769,000 shares. 3 month avg: 1,525,757 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: Triangle, symmetrical continuation pattern from 07/18/2024 to 08/13/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Petroleum (Integrated)Industry RS rank: 48 out of 60Stock RS rank: 342 out of 6168/22/24 close: $143.431 Month avg volatility: $4.87. Volatility stop (for downward breakout): $154.68 or 7.8% above the close.Change YTD: 10.33%Volume: 1,171,800 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: Pipe top reversal pattern from 07/22/2024 to 07/29/2024Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: BiotechnologyIndustry RS rank: 23 out of 60Stock RS rank: 181 out of 6168/22/24 close: $479.891 Month avg volatility: $10.09. Volatility stop (for upward breakout): $459.53 or 4.2% below the close.Change YTD: 17.94%Volume: 1,106,400 shares. 3 month avg: 1,548,174 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: Pipe bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Natural Gas (Distributor)Industry RS rank: 18 out of 60Stock RS rank: 58 out of 6168/22/24 close: $44.671 Month avg volatility: $0.86. Volatility stop (for upward breakout): $42.74 or 4.3% below the close.Change YTD: 28.25%Volume: 2,924,500 shares. 3 month avg: 4,990,974 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 08/05/2024 to 08/13/2024Breakout is upward 100% of the time.Average rise: 34%.Break-even failure rate: 8%.Throwbacks occur 59% of the time.Price hits measure rule target 76% of the time.
Industry: Industrial ServicesIndustry RS rank: 5 out of 60Stock RS rank: 585 out of 6168/22/24 close: $37.191 Month avg volatility: $1.47. Volatility stop (for upward breakout): $34.02 or 8.5% below the close.Change YTD: -16.43%Volume: 1,356,100 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: Pipe bottom reversal pattern from 08/05/2024 to 08/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 88 out of 6168/22/24 close: $342.161 Month avg volatility: $10.08. Volatility stop (for upward breakout): $321.68 or 6.0% below the close.Change YTD: 25.18%Volume: 224,000 shares. 3 month avg: 395,197 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 08/05/2024 to 08/08/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 5%.Throwbacks occur 64% of the time.Price hits measure rule target 66% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 50 out of 60Stock RS rank: 343 out of 6168/22/24 close: $85.881 Month avg volatility: $1.64. Volatility stop (for upward breakout): $82.49 or 4.0% below the close.Change YTD: 5.86%Volume: 1,732,700 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 07/29/2024 to 08/05/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
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