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.
 
Acuity Brands, Inc (AYI)
Industry: Furn/Home Furnishings
Industry RS rank: 42 out of 60
Stock RS rank: 355 out of 612
9/19/24 close: $271.99
1 Month avg volatility: $6.01. Volatility stop (for upward breakout): $255.98 or 5.9% below the close.
Change YTD: 32.79%
Volume: 262,400 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: 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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Adobe Systems (ADBE)
Industry: Computer Software and Svcs
Industry RS rank: 47 out of 60
Stock RS rank: 368 out of 612
9/19/24 close: $526.44
1 Month avg volatility: $12.66. Volatility stop (for downward breakout): $552.79 or 5.0% above the close.
Change YTD: -11.76%
Volume: 3,532,900 shares. 3 month avg: 3,137,863 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 09/03/2024 to 09/12/2024
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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AES Corp (AES)
Industry: Electric Utility (East)
Industry RS rank: 2 out of 60
Stock RS rank: 95 out of 612
9/19/24 close: $18.90
1 Month avg volatility: $0.51. Volatility stop (for upward breakout): $17.84 or 5.6% below the close.
Change YTD: -1.82%
Volume: 12,725,500 shares. 3 month avg: 5,494,342 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 08/05/2024 to 09/06/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Alcoa (AA)
Industry: Aerospace/Defense
Industry RS rank: 9 out of 60
Stock RS rank: 217 out of 612
9/19/24 close: $34.92
1 Month avg volatility: $1.19. Volatility stop (for upward breakout): $32.42 or 7.2% below the close.
Change YTD: 2.71%
Volume: 6,372,300 shares. 3 month avg: 8,355,648 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 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Amdocs Limited (DOX)
Industry: IT Services
Industry RS rank: 3 out of 60
Stock RS rank: 457 out of 612
9/19/24 close: $87.29
1 Month avg volatility: $1.21. Volatility stop (for upward breakout): $83.54 or 4.3% below the close.
Change YTD: -0.68%
Volume: 832,100 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: Triangle, symmetrical continuation pattern from 08/01/2024 to 09/19/2024
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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American Express Co (AXP)
Industry: Financial Services
Industry RS rank: 29 out of 60
Stock RS rank: 138 out of 612
9/19/24 close: $268.75
1 Month avg volatility: $5.48. Volatility stop (for upward breakout): $255.40 or 5.0% below the close.
Change YTD: 43.46%
Volume: 2,969,600 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: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Ametek, Inc (AME)
Industry: Industrial Services
Industry RS rank: 12 out of 60
Stock RS rank: 466 out of 612
9/19/24 close: $172.25
1 Month avg volatility: $2.71. Volatility stop (for upward breakout): $164.51 or 4.5% below the close.
Change YTD: 4.46%
Volume: 816,200 shares. 3 month avg: 991,665 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 08/05/2024 to 09/11/2024
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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Apogee Enterprises (APOG)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 46 out of 60
Stock RS rank: 129 out of 612
9/19/24 close: $69.53
1 Month avg volatility: $1.88. Volatility stop (for upward breakout): $64.38 or 7.4% below the close.
Change YTD: 30.18%
Volume: 95,200 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 Friday.
 
Chart pattern: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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ArcBest Corp (ARCB)
Industry: Trucking/Transp. Leasing
Industry RS rank: 54 out of 60
Stock RS rank: 515 out of 612
9/19/24 close: $115.83
1 Month avg volatility: $3.32. Volatility stop (for upward breakout): $106.65 or 7.9% below the close.
Change YTD: -3.64%
Volume: 311,700 shares. 3 month avg: 234,063 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 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Armstrong World Industries (AWI)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 46 out of 60
Stock RS rank: 277 out of 612
9/19/24 close: $131.84
1 Month avg volatility: $2.53. Volatility stop (for upward breakout): $125.11 or 5.1% below the close.
Change YTD: 34.09%
Volume: 161,000 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: Double Bottom, Eve and Adam reversal pattern from 08/07/2024 to 09/11/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Badger Meter Inc. (BMI)
Industry: Precision Instrument
Industry RS rank: 39 out of 60
Stock RS rank: 21 out of 612
9/19/24 close: $219.63
1 Month avg volatility: $4.64. Volatility stop (for upward breakout): $204.55 or 6.9% below the close.
Change YTD: 42.28%
Volume: 158,600 shares. 3 month avg: 149,246 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 bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Bassett Furniture Industries Inc (BSET)
Industry: Furn/Home Furnishings
Industry RS rank: 42 out of 60
Stock RS rank: 399 out of 612
9/19/24 close: $14.80
1 Month avg volatility: $0.38. Volatility stop (for upward breakout): $14.04 or 5.2% below the close.
Change YTD: -10.84%
Volume: 12,500 shares. 3 month avg: 28,538 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 08/08/2024 to 09/10/2024
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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Bio-Rad Laboratories (BIO)
Industry: Medical Supplies
Industry RS rank: 22 out of 60
Stock RS rank: 348 out of 612
9/19/24 close: $344.60
1 Month avg volatility: $8.71. Volatility stop (for upward breakout): $324.56 or 5.8% below the close.
Change YTD: 6.72%
Volume: 264,500 shares. 3 month avg: 180,103 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 08/22/2024 to 09/12/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Cabot Corp. (CBT)
Industry: Chemical (Diversified)
Industry RS rank: 27 out of 60
Stock RS rank: 81 out of 612
9/19/24 close: $111.19
1 Month avg volatility: $2.35. Volatility stop (for upward breakout): $103.92 or 6.5% below the close.
Change YTD: 33.16%
Volume: 442,600 shares. 3 month avg: 325,852 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: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Cemex SA de CV (CX)
Industry: Cement and Aggregates
Industry RS rank: 50 out of 60
Stock RS rank: 583 out of 612
9/19/24 close: $6.36
1 Month avg volatility: $0.20. Volatility stop (for upward breakout): $5.83 or 8.3% below the close.
Change YTD: -17.94%
Volume: 11,771,300 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 bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Century Aluminum Co. (CENX)
Industry: Metals and Mining (Div.)
Industry RS rank: 31 out of 60
Stock RS rank: 152 out of 612
9/19/24 close: $14.74
1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $13.21 or 10.4% below the close.
Change YTD: 21.42%
Volume: 709,500 shares. 3 month avg: 2,285,742 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 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Charles River Labs Intl (CRL)
Industry: Biotechnology
Industry RS rank: 23 out of 60
Stock RS rank: 574 out of 612
9/19/24 close: $209.62
1 Month avg volatility: $4.87. Volatility stop (for upward breakout): $199.05 or 5.0% below the close.
Change YTD: -11.33%
Volume: 696,300 shares. 3 month avg: 379,248 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 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Check Point Software (CHKP)
Industry: E-Commerce
Industry RS rank: 26 out of 60
Stock RS rank: 166 out of 612
9/19/24 close: $191.09
1 Month avg volatility: $3.21. Volatility stop (for downward breakout): $198.71 or 4.0% above the close.
Change YTD: 25.07%
Volume: 516,700 shares. 3 month avg: 1,143,906 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: Broadening top reversal pattern from 08/22/2024 to 09/18/2024
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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Eagle Materials Inc. (EXP)
Industry: Cement and Aggregates
Industry RS rank: 50 out of 60
Stock RS rank: 214 out of 612
9/19/24 close: $292.07
1 Month avg volatility: $7.75. Volatility stop (for upward breakout): $269.07 or 7.9% below the close.
Change YTD: 43.99%
Volume: 370,600 shares. 3 month avg: 553,088 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 08/05/2024 to 09/05/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Eastman Chemical (EMN)
Industry: Chemical (Diversified)
Industry RS rank: 27 out of 60
Stock RS rank: 162 out of 612
9/19/24 close: $108.26
1 Month avg volatility: $1.95. Volatility stop (for upward breakout): $103.18 or 4.7% below the close.
Change YTD: 20.53%
Volume: 1,053,500 shares. 3 month avg: 1,209,300 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 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Emcore Group Inc (EME)
Industry: Industrial Services
Industry RS rank: 12 out of 60
Stock RS rank: 46 out of 612
9/19/24 close: $430.05
1 Month avg volatility: $11.17. Volatility stop (for upward breakout): $390.09 or 9.3% below the close.
Change YTD: 99.62%
Volume: 460,300 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Exelon Corp. (EXC)
Industry: Electric Utility (East)
Industry RS rank: 2 out of 60
Stock RS rank: 275 out of 612
9/19/24 close: $39.29
1 Month avg volatility: $0.56. Volatility stop (for downward breakout): $40.57 or 3.3% above the close.
Change YTD: 9.44%
Volume: 6,674,300 shares. 3 month avg: 5,244,875 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: Rising wedge reversal pattern from 05/15/2024 to 09/16/2024
Breakout 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.

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Fortive Corp (FTV)
Industry: Industrial Services
Industry RS rank: 12 out of 60
Stock RS rank: 499 out of 612
9/19/24 close: $77.29
1 Month avg volatility: $1.34. Volatility stop (for upward breakout): $73.42 or 5.0% below the close.
Change YTD: 4.97%
Volume: 3,156,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Freeport-McMoRan Copper and Gold B (FCX)
Industry: Metals and Mining (Div.)
Industry RS rank: 31 out of 60
Stock RS rank: 410 out of 612
9/19/24 close: $45.14
1 Month avg volatility: $1.02. Volatility stop (for upward breakout): $42.96 or 4.8% below the close.
Change YTD: 6.04%
Volume: 16,509,400 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: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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General Electric Co (GE)
Industry: Diversified Co.
Industry RS rank: 35 out of 60
Stock RS rank: 288 out of 612
9/19/24 close: $186.16
1 Month avg volatility: $4.13. Volatility stop (for upward breakout): $176.02 or 5.4% below the close.
Change YTD: 45.86%
Volume: 4,457,300 shares. 3 month avg: 6,323,323 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 09/03/2024 to 09/09/2024
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.

Top

GMS Inc (GMS)
Industry: Cement and Aggregates
Industry RS rank: 50 out of 60
Stock RS rank: 446 out of 612
9/19/24 close: $92.01
1 Month avg volatility: $2.49. Volatility stop (for upward breakout): $85.96 or 6.6% below the close.
Change YTD: 11.62%
Volume: 436,100 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 Bottom, Adam and Adam reversal pattern from 08/29/2024 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.

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Griffon Corp (GFF)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 46 out of 60
Stock RS rank: 420 out of 612
9/19/24 close: $69.99
1 Month avg volatility: $1.76. Volatility stop (for upward breakout): $65.35 or 6.6% below the close.
Change YTD: 14.83%
Volume: 535,600 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: Ugly double bottom reversal pattern from 08/07/2024 to 09/11/2024
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 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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Hanesbrand Inc. (HBI)
Industry: Apparel
Industry RS rank: 52 out of 60
Stock RS rank: 56 out of 612
9/19/24 close: $6.95
1 Month avg volatility: $0.24. Volatility stop (for downward breakout): $7.55 or 8.6% above the close.
Change YTD: 55.83%
Volume: 6,974,900 shares. 3 month avg: 6,164,918 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: Broadening top reversal pattern from 08/16/2024 to 09/16/2024
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 1 out of 60
Stock RS rank: 12 out of 612
9/19/24 close: $224.37
1 Month avg volatility: $11.02. Volatility stop (for upward breakout): $201.38 or 10.2% below the close.
Change YTD: 44.18%
Volume: 54,300 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 bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Installed Building Products Inc (IBP)
Industry: Retail Building Supply
Industry RS rank: 32 out of 60
Stock RS rank: 392 out of 612
9/19/24 close: $246.07
1 Month avg volatility: $7.94. Volatility stop (for upward breakout): $224.96 or 8.6% below the close.
Change YTD: 34.60%
Volume: 283,200 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 bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Intuitive Surgical Inc. (ISRG)
Industry: Medical Supplies
Industry RS rank: 22 out of 60
Stock RS rank: 69 out of 612
9/19/24 close: $490.01
1 Month avg volatility: $8.66. Volatility stop (for downward breakout): $510.06 or 4.1% above the close.
Change YTD: 45.25%
Volume: 1,214,200 shares. 3 month avg: 571,982 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: Roof, inverted reversal pattern from 08/23/2024 to 09/19/2024
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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KB Home Corp. (KBH)
Industry: Homebuilding
Industry RS rank: 1 out of 60
Stock RS rank: 51 out of 612
9/19/24 close: $89.63
1 Month avg volatility: $2.28. Volatility stop (for upward breakout): $83.04 or 7.4% below the close.
Change YTD: 43.50%
Volume: 933,800 shares. 3 month avg: 2,684,634 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 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Leggett and Platt (LEG)
Industry: Furn/Home Furnishings
Industry RS rank: 42 out of 60
Stock RS rank: 593 out of 612
9/19/24 close: $13.55
1 Month avg volatility: $0.43. Volatility stop (for upward breakout): $12.35 or 8.9% below the close.
Change YTD: -48.22%
Volume: 2,078,700 shares. 3 month avg: 1,259,645 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 bottom reversal pattern from 09/03/2024 to 09/09/2024
WARNING: A dead-cat bounce occurred on 05/01/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 10/30/2024.
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Magnolia Oil and Gas Corp (MGY)
Industry: Petroleum (Producing)
Industry RS rank: 57 out of 60
Stock RS rank: 324 out of 612
9/19/24 close: $25.91
1 Month avg volatility: $0.54. Volatility stop (for downward breakout): $27.22 or 5.1% above the close.
Change YTD: 21.70%
Volume: 1,849,500 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: 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.

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Manpower Inc. (MAN)
Industry: Human Resources
Industry RS rank: 55 out of 60
Stock RS rank: 381 out of 612
9/19/24 close: $75.18
1 Month avg volatility: $1.42. Volatility stop (for upward breakout): $71.58 or 4.8% below the close.
Change YTD: -5.40%
Volume: 354,100 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 Bottom, Eve and Eve reversal pattern from 08/12/2024 to 09/11/2024
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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Newell Brands Inc (NWL)
Industry: Household Products
Industry RS rank: 25 out of 60
Stock RS rank: 441 out of 612
9/19/24 close: $7.48
1 Month avg volatility: $0.29. Volatility stop (for downward breakout): $8.22 or 9.9% above the close.
Change YTD: -13.82%
Volume: 6,975,700 shares. 3 month avg: 7,205,206 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Broadening top reversal pattern from 08/26/2024 to 09/16/2024
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 7 out of 60
Stock RS rank: 212 out of 612
9/19/24 close: $18.07
1 Month avg volatility: $0.51. Volatility stop (for upward breakout): $16.95 or 6.2% below the close.
Change YTD: 29.44%
Volume: 2,342,000 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: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Plexus Corp (PLXS)
Industry: Electronics
Industry RS rank: 36 out of 60
Stock RS rank: 16 out of 612
9/19/24 close: $132.39
1 Month avg volatility: $3.03. Volatility stop (for upward breakout): $122.89 or 7.2% below the close.
Change YTD: 22.44%
Volume: 142,100 shares. 3 month avg: 115,372 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 bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Principal Financial Group Inc (PFG)
Industry: Insurance (Diversified)
Industry RS rank: 19 out of 60
Stock RS rank: 361 out of 612
9/19/24 close: $85.62
1 Month avg volatility: $1.39. Volatility stop (for upward breakout): $80.86 or 5.6% below the close.
Change YTD: 8.83%
Volume: 1,141,000 shares. 3 month avg: 1,638,260 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: Ugly double bottom reversal pattern from 08/05/2024 to 09/11/2024
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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Q2 Holdings Inc (QTWO)
Industry: E-Commerce
Industry RS rank: 26 out of 60
Stock RS rank: 4 out of 612
9/19/24 close: $79.73
1 Month avg volatility: $1.88. Volatility stop (for upward breakout): $74.04 or 7.1% below the close.
Change YTD: 83.67%
Volume: 747,600 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 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Quaker Chemical (KWR)
Industry: Chemical (Specialty)
Industry RS rank: 49 out of 60
Stock RS rank: 534 out of 612
9/19/24 close: $172.39
1 Month avg volatility: $3.40. Volatility stop (for upward breakout): $162.18 or 5.9% below the close.
Change YTD: -19.23%
Volume: 88,400 shares. 3 month avg: 69,343 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: Double Bottom, Eve and Eve reversal pattern from 08/12/2024 to 09/11/2024
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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Ralph Lauren Corp. (RL)
Industry: Apparel
Industry RS rank: 52 out of 60
Stock RS rank: 417 out of 612
9/19/24 close: $184.76
1 Month avg volatility: $3.79. Volatility stop (for upward breakout): $176.48 or 4.5% below the close.
Change YTD: 28.13%
Volume: 635,500 shares. 3 month avg: 933,391 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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Range Resources Corp (RRC)
Industry: Petroleum (Producing)
Industry RS rank: 57 out of 60
Stock RS rank: 471 out of 612
9/19/24 close: $30.51
1 Month avg volatility: $0.74. Volatility stop (for upward breakout): $28.48 or 6.7% below the close.
Change YTD: 0.23%
Volume: 2,024,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Raymond James Financial, Inc. (RJF)
Industry: Securities Brokerage
Industry RS rank: 15 out of 60
Stock RS rank: 373 out of 612
9/19/24 close: $124.11
1 Month avg volatility: $1.95. Volatility stop (for upward breakout): $117.16 or 5.6% below the close.
Change YTD: 11.31%
Volume: 1,121,300 shares. 3 month avg: 692,654 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 09/11/2024
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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Robert Half International (RHI)
Industry: Human Resources
Industry RS rank: 55 out of 60
Stock RS rank: 551 out of 612
9/19/24 close: $66.00
1 Month avg volatility: $1.25. Volatility stop (for upward breakout): $61.76 or 6.4% below the close.
Change YTD: -24.93%
Volume: 1,512,500 shares. 3 month avg: 1,012,069 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 10/24/2023 to 11/30/2023
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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Schwab, Charles Corporation (SCHW)
Industry: Securities Brokerage
Industry RS rank: 15 out of 60
Stock RS rank: 470 out of 612
9/19/24 close: $64.76
1 Month avg volatility: $1.34. Volatility stop (for downward breakout): $67.79 or 4.7% above the close.
Change YTD: -5.87%
Volume: 9,787,900 shares. 3 month avg: 6,527,123 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, descending reversal pattern from 07/17/2024 to 09/12/2024
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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Sealed Air Corp (SEE)
Industry: Packaging and Container
Industry RS rank: 16 out of 60
Stock RS rank: 388 out of 612
9/19/24 close: $35.60
1 Month avg volatility: $0.72. Volatility stop (for upward breakout): $33.69 or 5.4% below the close.
Change YTD: -2.52%
Volume: 2,058,600 shares. 3 month avg: 2,419,223 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 08/12/2024 to 09/11/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Selective Insurance Group Inc (SIGI)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 20 out of 60
Stock RS rank: 508 out of 612
9/19/24 close: $91.88
1 Month avg volatility: $1.50. Volatility stop (for downward breakout): $95.74 or 4.2% above the close.
Change YTD: -7.64%
Volume: 322,700 shares. 3 month avg: 158,554 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 08/19/2024 to 09/18/2024
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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Shopify Inc Cl A (SHOP)
Industry: E-Commerce
Industry RS rank: 26 out of 60
Stock RS rank: 426 out of 612
9/19/24 close: $78.68
1 Month avg volatility: $2.19. Volatility stop (for upward breakout): $72.27 or 8.2% below the close.
Change YTD: 1.00%
Volume: 9,640,400 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 09/03/2024 to 09/09/2024
WARNING: A dead-cat bounce occurred on 05/08/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/06/2024.
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Silgan Holdings Inc (SLGN)
Industry: Packaging and Container
Industry RS rank: 16 out of 60
Stock RS rank: 155 out of 612
9/19/24 close: $52.02
1 Month avg volatility: $0.71. Volatility stop (for downward breakout): $53.69 or 3.2% above the close.
Change YTD: 14.96%
Volume: 557,200 shares. 3 month avg: 499,285 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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Skechers USA Inc (SKX)
Industry: Shoe
Industry RS rank: 60 out of 60
Stock RS rank: 378 out of 612
9/19/24 close: $61.56
1 Month avg volatility: $1.95. Volatility stop (for downward breakout): $73.60 or 19.6% above the close.
Change YTD: -1.25%
Volume: 9,162,800 shares. 3 month avg: 3,234,920 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 08/26/2024 to 09/18/2024
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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SkyWest Inc (SKYW)
Industry: Air Transport
Industry RS rank: 44 out of 60
Stock RS rank: 107 out of 612
9/19/24 close: $81.02
1 Month avg volatility: $1.97. Volatility stop (for upward breakout): $76.53 or 5.6% below the close.
Change YTD: 55.21%
Volume: 397,900 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 08/05/2024 to 09/11/2024
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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Southern Copper (SCCO)
Industry: Metals and Mining (Div.)
Industry RS rank: 31 out of 60
Stock RS rank: 365 out of 612
9/19/24 close: $104.89
1 Month avg volatility: $2.19. Volatility stop (for upward breakout): $99.60 or 5.0% below the close.
Change YTD: 21.87%
Volume: 1,356,000 shares. 3 month avg: 1,021,280 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 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Southwest Gas Corp. (SWX)
Industry: Natural Gas (Distributor)
Industry RS rank: 33 out of 60
Stock RS rank: 333 out of 612
9/19/24 close: $74.24
1 Month avg volatility: $1.33. Volatility stop (for upward breakout): $70.49 or 5.1% below the close.
Change YTD: 17.19%
Volume: 423,600 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: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Southwestern Energy Company (SWN)
Industry: Natural Gas (Diversified)
Industry RS rank: 8 out of 60
Stock RS rank: 501 out of 612
9/19/24 close: $6.56
1 Month avg volatility: $0.16. Volatility stop (for upward breakout): $6.11 or 6.9% below the close.
Change YTD: 0.15%
Volume: 25,084,800 shares. 3 month avg: 16,683,949 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: Big W reversal pattern from 08/05/2024 to 09/10/2024
Breakout is upward 71% of the time.
Average rise: 31%.
Break-even failure rate: 11%.
Throwbacks occur 32% of the time.
Price hits measure rule target 42% of the time.

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Spire (SR)
Industry: Natural Gas (Distributor)
Industry RS rank: 33 out of 60
Stock RS rank: 218 out of 612
9/19/24 close: $66.77
1 Month avg volatility: $0.92. Volatility stop (for downward breakout): $68.69 or 2.9% above the close.
Change YTD: 7.11%
Volume: 412,500 shares. 3 month avg: 172,872 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 08/23/2024 to 09/11/2024
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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Teladoc, Inc (TDOC)
Industry: Healthcare Information
Industry RS rank: 45 out of 60
Stock RS rank: 604 out of 612
9/19/24 close: $9.18
1 Month avg volatility: $0.38. Volatility stop (for upward breakout): $8.38 or 8.8% below the close.
Change YTD: -57.40%
Volume: 5,019,700 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: Horn bottom reversal pattern from 08/12/2024 to 08/26/2024
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

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Tempur-pedic Intl (TPX)
Industry: Furn/Home Furnishings
Industry RS rank: 42 out of 60
Stock RS rank: 374 out of 612
9/19/24 close: $54.69
1 Month avg volatility: $1.28. Volatility stop (for upward breakout): $50.97 or 6.8% below the close.
Change YTD: 7.30%
Volume: 1,237,500 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: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Teradata Corp (TDC)
Industry: Computer Software and Svcs
Industry RS rank: 47 out of 60
Stock RS rank: 579 out of 612
9/19/24 close: $29.09
1 Month avg volatility: $0.58. Volatility stop (for upward breakout): $27.75 or 4.6% below the close.
Change YTD: -33.14%
Volume: 586,500 shares. 3 month avg: 1,378,918 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 08/06/2024 to 09/11/2024
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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Unisys Corp (UIS)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 5 out of 60
Stock RS rank: 179 out of 612
9/19/24 close: $5.80
1 Month avg volatility: $0.27. Volatility stop (for downward breakout): $6.44 or 11.0% above the close.
Change YTD: 3.20%
Volume: 417,600 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: Broadening top reversal pattern from 08/26/2024 to 09/17/2024
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price hits measure rule target 37% of the time.

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Unum Group (UNM)
Industry: Insurance (Diversified)
Industry RS rank: 19 out of 60
Stock RS rank: 278 out of 612
9/19/24 close: $56.89
1 Month avg volatility: $0.81. Volatility stop (for upward breakout): $54.44 or 4.3% below the close.
Change YTD: 25.81%
Volume: 1,156,300 shares. 3 month avg: 1,168,134 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 08/05/2024 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.

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V. F. Corp (VFC)
Industry: Apparel
Industry RS rank: 52 out of 60
Stock RS rank: 44 out of 612
9/19/24 close: $18.65
1 Month avg volatility: $0.70. Volatility stop (for upward breakout): $17.08 or 8.4% below the close.
Change YTD: -0.80%
Volume: 8,166,300 shares. 3 month avg: 2,795,366 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 07/29/2024 to 08/05/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Williams-Sonoma Inc. (WSM)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 18 out of 60
Stock RS rank: 364 out of 612
9/19/24 close: $150.08
1 Month avg volatility: $4.87. Volatility stop (for downward breakout): $161.93 or 7.9% above the close.
Change YTD: 48.76%
Volume: 1,183,500 shares. 3 month avg: 1,925,938 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: Triangle, descending reversal pattern from 08/05/2024 to 09/05/2024
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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Zebra Technologies Corp (ZBRA)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 5 out of 60
Stock RS rank: 58 out of 612
9/19/24 close: $363.79
1 Month avg volatility: $7.66. Volatility stop (for upward breakout): $340.73 or 6.3% below the close.
Change YTD: 33.10%
Volume: 473,700 shares. 3 month avg: 395,197 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 09/03/2024 to 09/09/2024
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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