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 | ||
Copyright © 2024 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 11 out of 60Stock RS rank: 260 out of 6139/12/24 close: $187.001 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 08/28/2024Breakout 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: Natural Gas (Diversified)Industry RS rank: 7 out of 60Stock RS rank: 324 out of 6139/12/24 close: $26.571 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 09/10/2024Breakout 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: Chemical (Specialty)Industry RS rank: 47 out of 60Stock RS rank: 186 out of 6139/12/24 close: $45.971 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 08/29/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Electric Utility (West)Industry RS rank: 3 out of 60Stock RS rank: 194 out of 6139/12/24 close: $37.631 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 09/05/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Insurance (Prop/Casualty)Industry RS rank: 18 out of 60Stock RS rank: 72 out of 6139/12/24 close: $76.291 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 09/03/2024Breakout 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: Information ServicesIndustry RS rank: 34 out of 60Stock RS rank: 63 out of 6139/12/24 close: $47.401 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 09/03/2024Breakout 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: ShoeIndustry RS rank: 32 out of 60Stock RS rank: 558 out of 6139/12/24 close: $30.231 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 09/12/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Food ProcessingIndustry RS rank: 27 out of 60Stock RS rank: 119 out of 6139/12/24 close: $49.781 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 09/12/2024Breakout 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.
Industry: Insurance (Diversified)Industry RS rank: 12 out of 60Stock RS rank: 74 out of 6139/12/24 close: $32.651 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 09/03/2024Breakout 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: Industrial ServicesIndustry RS rank: 55 out of 60Stock RS rank: 512 out of 6139/12/24 close: $12.801 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 09/10/2024WARNING: 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.
Industry: NoneIndustry RS rank: 10 out of 609/12/24 close: $15,638.481 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 08/30/2024Breakout 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.
Industry: Insurance (Prop/Casualty)Industry RS rank: 18 out of 60Stock RS rank: 379 out of 6139/12/24 close: $379.051 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 09/04/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Aerospace/DefenseIndustry RS rank: 8 out of 60Stock RS rank: 313 out of 6139/12/24 close: $204.671 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 09/11/2024Breakout 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: 2 out of 60Stock RS rank: 75 out of 6139/12/24 close: $188.811 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 09/12/2024Breakout 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.
Industry: Retail Building SupplyIndustry RS rank: 35 out of 60Stock RS rank: 507 out of 6139/12/24 close: $210.811 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 08/26/2024Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 49 out of 60Stock RS rank: 509 out of 6139/12/24 close: $30.581 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 08/30/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 45 out of 60Stock RS rank: 373 out of 6139/12/24 close: $646.371 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 09/05/2024Breakout is upward 100% of the time.Average rise: 40%.Break-even failure rate: 4%.Throwbacks occur 55% of the time.Price hits measure rule target 67% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 45 out of 60Stock RS rank: 574 out of 6139/12/24 close: $25.521 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 09/06/2024WARNING: 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.
Industry: Retail StoreIndustry RS rank: 28 out of 60Stock RS rank: 592 out of 6139/12/24 close: $14.691 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 08/19/2024Breakout 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: Furn/Home FurnishingsIndustry RS rank: 43 out of 60Stock RS rank: 516 out of 6139/12/24 close: $26.001 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 08/26/2024WARNING: 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.
Industry: Retail StoreIndustry RS rank: 28 out of 60Stock RS rank: 53 out of 6139/12/24 close: $22.501 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 09/12/2024Breakout 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.
Industry: HomebuildingIndustry RS rank: 2 out of 60Stock RS rank: 102 out of 6139/12/24 close: $135.301 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 09/12/2024Breakout 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.
Industry: Diversified Co.Industry RS rank: 36 out of 60Stock RS rank: 465 out of 6139/12/24 close: $258.001 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 08/30/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Metals and Mining (Div.)Industry RS rank: 29 out of 60Stock RS rank: 64 out of 6139/12/24 close: $6.021 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 09/06/2024Breakout 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: Diversified Co.Industry RS rank: 36 out of 60Stock RS rank: 426 out of 6139/12/24 close: $167.421 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 08/30/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 43 out of 60Stock RS rank: 280 out of 6139/12/24 close: $13.411 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 09/03/2024Breakout 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.
Industry: ElectronicsIndustry RS rank: 42 out of 60Stock RS rank: 602 out of 6139/12/24 close: $7.061 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 09/06/2024WARNING: 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.
Industry: ApparelIndustry RS rank: 50 out of 60Stock RS rank: 497 out of 6139/12/24 close: $42.041 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 08/28/2024Breakout 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: AdvertisingIndustry RS rank: 9 out of 60Stock RS rank: 33 out of 6139/12/24 close: $104.501 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 09/12/2024Breakout 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.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 11 out of 60Stock RS rank: 12 out of 6139/12/24 close: $14.621 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 09/11/2024Breakout is upward 100% of the time.Average rise: 69%.Throwbacks occur 54% of the time.Price hits measure rule target 90% of the time.
Industry: Metal FabricatingIndustry RS rank: 21 out of 60Stock RS rank: 46 out of 6139/12/24 close: $272.171 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 07/29/2024Breakout 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.
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