As of 11/22/2024
  Indus: 44,297 +426.16 +1.0%  
  Trans: 17,367 +194.86 +1.1%  
  Utils: 1,067 -8.74 -0.8%  
  Nasdaq: 19,004 +31.23 +0.2%  
  S&P 500: 5,969 +20.63 +0.3%  
YTD
 +17.5%  
 +9.2%  
 +21.0%  
 +26.6%  
 +25.1%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,200 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 or 5,800 by 12/01/2024
As of 11/22/2024
  Indus: 44,297 +426.16 +1.0%  
  Trans: 17,367 +194.86 +1.1%  
  Utils: 1,067 -8.74 -0.8%  
  Nasdaq: 19,004 +31.23 +0.2%  
  S&P 500: 5,969 +20.63 +0.3%  
YTD
 +17.5%  
 +9.2%  
 +21.0%  
 +26.6%  
 +25.1%  
  Targets    Overview: 11/12/2024  
  Up arrow46,000 or 43,000 by 12/01/2024
  Up arrow18,000 or 16,600 by 12/01/2024
  Up arrow1,200 or 1,000 by 12/01/2024
  Up arrow20,000 or 18,400 by 12/01/2024
  Up arrow6,100 or 5,800 by 12/01/2024

Patterns for the Weekend Details

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

 

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

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
Amazon.com Inc. (AMZN)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 11 out of 60
Stock RS rank: 260 out of 613
9/12/24 close: $187.00
1 Month avg volatility: $4.01. Volatility stop (for upward breakout): $175.52 or 6.1% below the close.
Change YTD: 23.07%
Volume: 31,540,000 shares. 3 month avg: 3,583,803 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 08/05/2024 to 08/28/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Antero Resources Corp (AR)
Industry: Natural Gas (Diversified)
Industry RS rank: 7 out of 60
Stock RS rank: 324 out of 613
9/12/24 close: $26.57
1 Month avg volatility: $0.79. Volatility stop (for upward breakout): $24.29 or 8.6% below the close.
Change YTD: 17.15%
Volume: 4,544,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 09/04/2024 to 09/10/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Avient (AVNT)
Industry: Chemical (Specialty)
Industry RS rank: 47 out of 60
Stock RS rank: 186 out of 613
9/12/24 close: $45.97
1 Month avg volatility: $1.02. Volatility stop (for downward breakout): $48.14 or 4.7% above the close.
Change YTD: 10.58%
Volume: 322,500 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: Double Top, Adam and Adam reversal pattern from 08/26/2024 to 08/29/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Avista (AVA)
Industry: Electric Utility (West)
Industry RS rank: 3 out of 60
Stock RS rank: 194 out of 613
9/12/24 close: $37.63
1 Month avg volatility: $0.52. Volatility stop (for downward breakout): $39.03 or 3.7% above the close.
Change YTD: 5.29%
Volume: 427,000 shares. 3 month avg: 396,820 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 08/26/2024 to 09/05/2024
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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Axis Capital Holdings Ltd (AXS)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 18 out of 60
Stock RS rank: 72 out of 613
9/12/24 close: $76.29
1 Month avg volatility: $1.12. Volatility stop (for downward breakout): $78.61 or 3.0% above the close.
Change YTD: 37.78%
Volume: 413,500 shares. 3 month avg: 808,385 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe top reversal pattern from 08/26/2024 to 09/03/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Bread Financial Holdings (BFH)
Industry: Information Services
Industry RS rank: 34 out of 60
Stock RS rank: 63 out of 613
9/12/24 close: $47.40
1 Month avg volatility: $1.84. Volatility stop (for downward breakout): $52.15 or 10.0% above the close.
Change YTD: 43.90%
Volume: 1,621,300 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 08/26/2024 to 09/03/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Caleres (CAL)
Industry: Shoe
Industry RS rank: 32 out of 60
Stock RS rank: 558 out of 613
9/12/24 close: $30.23
1 Month avg volatility: $1.48. Volatility stop (for downward breakout): $35.89 or 18.7% above the close.
Change YTD: -1.63%
Volume: 2,984,100 shares. 3 month avg: 329,342 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Dead-cat bounce continuation pattern from 09/12/2024 to 09/12/2024
Breakout is downward 67% of the time.
Average decline: 18%.

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Campbell Soup Co (CPB)
Industry: Food Processing
Industry RS rank: 27 out of 60
Stock RS rank: 119 out of 613
9/12/24 close: $49.78
1 Month avg volatility: $1.09. Volatility stop (for downward breakout): $52.19 or 4.8% above the close.
Change YTD: 15.15%
Volume: 1,991,900 shares. 3 month avg: 2,769,580 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: Broadening wedge, ascending reversal pattern from 08/13/2024 to 09/12/2024
Breakout is downward 73% of the time.
Average decline: 17%.
Break-even failure rate: 11%.
Pullbacks occur 57% of the time.
Price hits measure rule target 58% of the time.

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CNO Financial Group, Inc (CNO)
Industry: Insurance (Diversified)
Industry RS rank: 12 out of 60
Stock RS rank: 74 out of 613
9/12/24 close: $32.65
1 Month avg volatility: $0.65. Volatility stop (for downward breakout): $33.99 or 4.1% above the close.
Change YTD: 17.03%
Volume: 741,700 shares. 3 month avg: 898,068 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe top reversal pattern from 08/26/2024 to 09/03/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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CoreCivic, Inc (CXW)
Industry: Industrial Services
Industry RS rank: 55 out of 60
Stock RS rank: 512 out of 613
9/12/24 close: $12.80
1 Month avg volatility: $0.43. Volatility stop (for upward breakout): $11.94 or 6.7% below the close.
Change YTD: -11.91%
Volume: 590,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 06/03/2024 to 09/10/2024
WARNING: A dead-cat bounce occurred on 06/11/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 12/10/2024.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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DJ 20 Transportation (^DJT)
Industry: None
Industry RS rank: 10 out of 60
9/12/24 close: $15,638.48
1 Month avg volatility: $201.44. Volatility stop (for downward breakout): $16,063.18 or 2.7% above the close.
Change YTD: -1.64%
Volume: 1,116,279,800 shares. 3 month avg: 119,471,262 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 08/26/2024 to 08/30/2024
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.

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Everest Group Ltd (EG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 18 out of 60
Stock RS rank: 379 out of 613
9/12/24 close: $379.05
1 Month avg volatility: $6.44. Volatility stop (for downward breakout): $392.05 or 3.4% above the close.
Change YTD: 7.20%
Volume: 214,800 shares. 3 month avg: 566,686 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 08/26/2024 to 09/04/2024
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.

Top

Honeywell International Inc (HON)
Industry: Aerospace/Defense
Industry RS rank: 8 out of 60
Stock RS rank: 313 out of 613
9/12/24 close: $204.67
1 Month avg volatility: $2.92. Volatility stop (for upward breakout): $196.04 or 4.2% below the close.
Change YTD: -2.40%
Volume: 1,932,200 shares. 3 month avg: 2,744,942 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 09/06/2024 to 09/11/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

Top

Horton, D.R. Inc. (DHI)
Industry: Homebuilding
Industry RS rank: 2 out of 60
Stock RS rank: 75 out of 613
9/12/24 close: $188.81
1 Month avg volatility: $4.13. Volatility stop (for downward breakout): $197.66 or 4.7% above the close.
Change YTD: 24.23%
Volume: 1,206,400 shares. 3 month avg: 4,390,840 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: Roof, inverted reversal pattern from 08/27/2024 to 09/12/2024
Breakout is downward 50% of the time.
Average decline: 17%.
Break-even failure rate: 10%.
Pullbacks occur 56% of the time.
Price hits measure rule target 73% of the time.

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Installed Building Products Inc (IBP)
Industry: Retail Building Supply
Industry RS rank: 35 out of 60
Stock RS rank: 507 out of 613
9/12/24 close: $210.81
1 Month avg volatility: $7.32. Volatility stop (for downward breakout): $228.08 or 8.2% above the close.
Change YTD: 15.31%
Volume: 157,500 shares. 3 month avg: 201,345 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe top reversal pattern from 08/19/2024 to 08/26/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Insteel Industries Inc (IIIN)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 49 out of 60
Stock RS rank: 509 out of 613
9/12/24 close: $30.58
1 Month avg volatility: $0.81. Volatility stop (for downward breakout): $32.46 or 6.2% above the close.
Change YTD: -20.14%
Volume: 67,800 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: Double Top, Adam and Adam reversal pattern from 08/26/2024 to 08/30/2024
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.

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Intuit Inc (INTU)
Industry: Computer Software and Svcs
Industry RS rank: 45 out of 60
Stock RS rank: 373 out of 613
9/12/24 close: $646.37
1 Month avg volatility: $14.85. Volatility stop (for upward breakout): $608.65 or 5.8% below the close.
Change YTD: 3.41%
Volume: 1,162,300 shares. 3 month avg: 1,303,997 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 08/23/2024 to 09/05/2024
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

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LiveRamp Holdings (RAMP)
Industry: Computer Software and Svcs
Industry RS rank: 45 out of 60
Stock RS rank: 574 out of 613
9/12/24 close: $25.52
1 Month avg volatility: $0.72. Volatility stop (for downward breakout): $26.96 or 5.7% above the close.
Change YTD: -32.63%
Volume: 646,400 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: Triple top reversal pattern from 08/22/2024 to 09/06/2024
WARNING: A dead-cat bounce occurred on 08/08/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/07/2024 and a 38% chance by 02/06/2025.
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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Macys, Inc (M)
Industry: Retail Store
Industry RS rank: 28 out of 60
Stock RS rank: 592 out of 613
9/12/24 close: $14.69
1 Month avg volatility: $0.47. Volatility stop (for downward breakout): $15.67 or 6.7% above the close.
Change YTD: -26.99%
Volume: 3,815,800 shares. 3 month avg: 12,458,365 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 08/12/2024 to 08/19/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Miller, Herman (MLKN)
Industry: Furn/Home Furnishings
Industry RS rank: 43 out of 60
Stock RS rank: 516 out of 613
9/12/24 close: $26.00
1 Month avg volatility: $0.71. Volatility stop (for downward breakout): $28.07 or 8.0% above the close.
Change YTD: -2.55%
Volume: 656,400 shares. 3 month avg: 361,806 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: Head-and-shoulders top reversal pattern from 07/18/2024 to 08/26/2024
WARNING: A dead-cat bounce occurred on 03/28/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 09/26/2024.
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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Nordstrom Inc (JWN)
Industry: Retail Store
Industry RS rank: 28 out of 60
Stock RS rank: 53 out of 613
9/12/24 close: $22.50
1 Month avg volatility: $0.70. Volatility stop (for upward breakout): $20.60 or 8.5% below the close.
Change YTD: 21.95%
Volume: 1,243,700 shares. 3 month avg: 4,990,363 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triangle, ascending reversal pattern from 08/01/2024 to 09/12/2024
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

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Pulte Homes Inc. (PHM)
Industry: Homebuilding
Industry RS rank: 2 out of 60
Stock RS rank: 102 out of 613
9/12/24 close: $135.30
1 Month avg volatility: $3.22. Volatility stop (for upward breakout): $125.37 or 7.3% below the close.
Change YTD: 31.08%
Volume: 1,458,200 shares. 3 month avg: 4,812,565 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: Triangle, ascending reversal pattern from 07/31/2024 to 09/12/2024
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

Top

Rockwell Automation Inc (ROK)
Industry: Diversified Co.
Industry RS rank: 36 out of 60
Stock RS rank: 465 out of 613
9/12/24 close: $258.00
1 Month avg volatility: $6.03. Volatility stop (for downward breakout): $270.51 or 4.9% above the close.
Change YTD: -16.90%
Volume: 641,600 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: Double Top, Adam and Adam reversal pattern from 08/26/2024 to 08/30/2024
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.

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Sandstorm Gold Ltd (SAND)
Industry: Metals and Mining (Div.)
Industry RS rank: 29 out of 60
Stock RS rank: 64 out of 613
9/12/24 close: $6.02
1 Month avg volatility: $0.13. Volatility stop (for upward breakout): $5.47 or 9.1% below the close.
Change YTD: 19.68%
Volume: 3,211,000 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 08/05/2024 to 09/06/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Standex International Corp (SXI)
Industry: Diversified Co.
Industry RS rank: 36 out of 60
Stock RS rank: 426 out of 613
9/12/24 close: $167.42
1 Month avg volatility: $3.75. Volatility stop (for downward breakout): $175.43 or 4.8% above the close.
Change YTD: 5.71%
Volume: 27,100 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 Thursday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 08/26/2024 to 08/30/2024
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.

Top

Steelcase (SCS)
Industry: Furn/Home Furnishings
Industry RS rank: 43 out of 60
Stock RS rank: 280 out of 613
9/12/24 close: $13.41
1 Month avg volatility: $0.34. Volatility stop (for downward breakout): $14.23 or 6.1% above the close.
Change YTD: -0.81%
Volume: 396,000 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: Double Top, Eve and Eve reversal pattern from 08/26/2024 to 09/03/2024
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.

Top

Stratasys Ltd (SSYS)
Industry: Electronics
Industry RS rank: 42 out of 60
Stock RS rank: 602 out of 613
9/12/24 close: $7.06
1 Month avg volatility: $0.34. Volatility stop (for upward breakout): $6.12 or 13.3% below the close.
Change YTD: -50.56%
Volume: 445,200 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: Double Bottom, Adam and Adam reversal pattern from 08/29/2024 to 09/06/2024
WARNING: A dead-cat bounce occurred on 08/29/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 11/28/2024 and a 38% chance by 02/27/2025.
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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Tapestry Inc (TPR)
Industry: Apparel
Industry RS rank: 50 out of 60
Stock RS rank: 497 out of 613
9/12/24 close: $42.04
1 Month avg volatility: $1.15. Volatility stop (for upward breakout): $39.08 or 7.1% below the close.
Change YTD: 14.21%
Volume: 2,094,000 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: Ugly double bottom reversal pattern from 08/05/2024 to 08/28/2024
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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The Trade Desk (TTD)
Industry: Advertising
Industry RS rank: 9 out of 60
Stock RS rank: 33 out of 613
9/12/24 close: $104.50
1 Month avg volatility: $2.75. Volatility stop (for upward breakout): $95.66 or 8.5% below the close.
Change YTD: 45.22%
Volume: 2,968,200 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Broadening wedge, descending reversal pattern from 08/23/2024 to 09/12/2024
Breakout is upward 79% of the time.
Average rise: 33%.
Break-even failure rate: 6%.
Throwbacks occur 53% of the time.
Price hits measure rule target 79% of the time.

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Travelzoo Inc. (TZOO)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 11 out of 60
Stock RS rank: 12 out of 613
9/12/24 close: $14.62
1 Month avg volatility: $0.64. Volatility stop (for upward breakout): $12.53 or 14.3% below the close.
Change YTD: 53.41%
Volume: 153,200 shares. 3 month avg: 22,411 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Flag, high and tight continuation pattern from 07/10/2024 to 09/11/2024
Breakout is upward 100% of the time.
Average rise: 69%.
Throwbacks occur 54% of the time.
Price hits measure rule target 90% of the time.

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Valmont Industries Inc. (VMI)
Industry: Metal Fabricating
Industry RS rank: 21 out of 60
Stock RS rank: 46 out of 613
9/12/24 close: $272.17
1 Month avg volatility: $4.93. Volatility stop (for downward breakout): $282.03 or 3.6% above the close.
Change YTD: 16.56%
Volume: 122,800 shares. 3 month avg: 117,540 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 07/29/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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