As of 12/20/2024
Indus: 42,840 +498.02 +1.2%
Trans: 15,892 +32.54 +0.2%
Utils: 986 +14.76 +1.5%
Nasdaq: 19,573 +199.83 +1.0%
S&P 500: 5,931 +63.77 +1.1%
|
YTD
+13.7%
0.0%
+11.9%
+30.4%
+24.3%
|
 44,200 or 41,750 by 01/01/2025 16,100 or 17,700 by 01/01/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 |
As of 12/20/2024
Indus: 42,840 +498.02 +1.2%
Trans: 15,892 +32.54 +0.2%
Utils: 986 +14.76 +1.5%
Nasdaq: 19,573 +199.83 +1.0%
S&P 500: 5,931 +63.77 +1.1%
|
YTD
+13.7%
0.0%
+11.9%
+30.4%
+24.3%
| |
|
44,200 or 41,750 by 01/01/202516,100 or 17,700 by 01/01/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 | ||
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: Medical SuppliesIndustry RS rank: 36 out of 60Stock RS rank: 345 out of 61010/10/24 close: $115.621 Month avg volatility: $1.62. Volatility stop (for upward breakout): $112.22 or 2.9% below the close.Change YTD: 5.04%Volume: 4,063,400 shares. 3 month avg: 6,008,617 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 09/25/2024 to 10/04/2024Breakout 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: ApparelIndustry RS rank: 42 out of 60Stock RS rank: 74 out of 61010/10/24 close: $143.251 Month avg volatility: $5.92. Volatility stop (for downward breakout): $156.63 or 9.3% above the close.Change YTD: 62.38%Volume: 1,239,100 shares. 3 month avg: 2,821,334 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.Chart pattern: Rectangle bottom continuation pattern from 09/04/2024 to 10/10/2024Breakout is downward 55% of the time.Average decline: 14%.Break-even failure rate: 16%.Pullbacks occur 69% of the time.Price hits measure rule target 50% of the time.
Industry: Industrial ServicesIndustry RS rank: 20 out of 60Stock RS rank: 106 out of 61010/10/24 close: $52.001 Month avg volatility: $1.18. Volatility stop (for upward breakout): $49.08 or 5.6% below the close.Change YTD: 15.99%Volume: 403,300 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: Triangle, ascending reversal pattern from 09/11/2024 to 10/10/2024Breakout 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: SemiconductorWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 37 out of 60Stock RS rank: 421 out of 61010/10/24 close: $164.181 Month avg volatility: $5.14. Volatility stop (for upward breakout): $151.72 or 7.6% below the close.Change YTD: 11.38%Volume: 74,463,200 shares. 3 month avg: 61,894,658 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: 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: Medical ServicesIndustry RS rank: 39 out of 60Stock RS rank: 337 out of 61010/10/24 close: $96.571 Month avg volatility: $0.48. Volatility stop (for upward breakout): $95.42 or 1.2% below the close.Change YTD: 1.59%Volume: 265,000 shares. 3 month avg: 412,928 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 10/02/2024 to 10/07/2024Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 23 out of 60Stock RS rank: 381 out of 61010/10/24 close: $76.531 Month avg volatility: $1.30. Volatility stop (for upward breakout): $73.47 or 4.0% below the close.Change YTD: 12.96%Volume: 3,407,600 shares. 3 month avg: 5,185,998 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 09/10/2024 to 10/03/2024Breakout is upward 100% of the time.Average rise: 35%.Break-even failure rate: 4%.Throwbacks occur 57% of the time.Price hits measure rule target 66% of the time.
Industry: Petroleum (Producing)Industry RS rank: 56 out of 60Stock RS rank: 578 out of 61010/10/24 close: $26.861 Month avg volatility: $0.89. Volatility stop (for upward breakout): $24.56 or 8.6% below the close.Change YTD: -25.14%Volume: 3,631,800 shares. 3 month avg: 7,966,826 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.Chart pattern: Horn bottom reversal pattern from 09/09/2024 to 09/23/2024Breakout 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.
Industry: Computer Software and SvcsIndustry RS rank: 50 out of 60Stock RS rank: 163 out of 61010/10/24 close: $277.711 Month avg volatility: $4.60. Volatility stop (for downward breakout): $287.11 or 3.4% above the close.Change YTD: 14.06%Volume: 848,900 shares. 3 month avg: 2,150,943 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Broadening top, right-angled and ascending reversal pattern from 09/19/2024 to 10/10/2024Breakout is downward 66% of the time.Average decline: 15%.Break-even failure rate: 20%.Pullbacks occur 65% of the time.Price hits measure rule target 32% of the time.
Industry: Packaging and ContainerIndustry RS rank: 27 out of 60Stock RS rank: 399 out of 61010/10/24 close: $215.071 Month avg volatility: $3.86. Volatility stop (for downward breakout): $223.58 or 4.0% above the close.Change YTD: 6.39%Volume: 285,000 shares. 3 month avg: 661,129 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: Broadening top reversal pattern from 08/30/2024 to 09/27/2024Breakout 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.
Industry: Packaging and ContainerIndustry RS rank: 27 out of 60Stock RS rank: 444 out of 61010/10/24 close: $64.471 Month avg volatility: $1.04. Volatility stop (for downward breakout): $67.03 or 4.0% above the close.Change YTD: 12.08%Volume: 1,200,100 shares. 3 month avg: 2,433,769 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 09/17/2024 to 10/01/2024Breakout 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: Retail Building SupplyIndustry RS rank: 19 out of 60Stock RS rank: 488 out of 61010/10/24 close: $90.781 Month avg volatility: $2.62. Volatility stop (for upward breakout): $82.79 or 8.8% below the close.Change YTD: 4.32%Volume: 758,100 shares. 3 month avg: 811,195 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Adam and Adam reversal pattern from 08/05/2024 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: ElectronicsIndustry RS rank: 38 out of 60Stock RS rank: 44 out of 61010/10/24 close: $61.251 Month avg volatility: $1.74. Volatility stop (for upward breakout): $53.63 or 12.4% below the close.Change YTD: 109.19%Volume: 2,532,500 shares. 3 month avg: 557,234 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 08/05/2024 to 09/06/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: Food ProcessingIndustry RS rank: 46 out of 60Stock RS rank: 448 out of 61010/10/24 close: $29.441 Month avg volatility: $0.57. Volatility stop (for downward breakout): $30.95 or 5.1% above the close.Change YTD: 2.72%Volume: 4,118,200 shares. 3 month avg: 3,423,360 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.Chart pattern: Three Falling Peaks reversal pattern from 09/10/2024 to 10/01/2024Breakout is downward 100% of the time.Average decline: 17%.Break-even failure rate: 12%.Pullbacks occur 59% of the time.Price hits measure rule target 33% of the time.
Industry: Diversified Co.Industry RS rank: 30 out of 60Stock RS rank: 185 out of 61010/10/24 close: $155.081 Month avg volatility: $3.19. Volatility stop (for upward breakout): $146.43 or 5.6% below the close.Change YTD: 31.27%Volume: 175,400 shares. 3 month avg: 293,374 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 09/09/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: IT ServicesIndustry RS rank: 1 out of 60Stock RS rank: 424 out of 61010/10/24 close: $47.671 Month avg volatility: $0.89. Volatility stop (for upward breakout): $45.52 or 4.5% below the close.Change YTD: -10.41%Volume: 219,800 shares. 3 month avg: 127,302 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: Triangle, ascending reversal pattern from 09/18/2024 to 10/10/2024Breakout 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: Petroleum (Producing)Industry RS rank: 56 out of 60Stock RS rank: 463 out of 61010/10/24 close: $194.061 Month avg volatility: $5.46. Volatility stop (for upward breakout): $183.04 or 5.7% below the close.Change YTD: 25.14%Volume: 1,423,500 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, Eve and Eve reversal pattern from 09/11/2024 to 09/26/2024Breakout 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: Financial ServicesIndustry RS rank: 21 out of 60Stock RS rank: 182 out of 61010/10/24 close: $141.741 Month avg volatility: $3.62. Volatility stop (for upward breakout): $134.28 or 5.3% below the close.Change YTD: 26.10%Volume: 976,400 shares. 3 month avg: 2,443,809 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 09/24/2024 to 10/03/2024Breakout 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: NoneIndustry RS rank: 13 out of 6010/10/24 close: $15,898.811 Month avg volatility: $224.54. Volatility stop (for downward breakout): $16,365.02 or 2.9% above the close.Change YTD: 0.00%Volume: 89,994,400 shares. 3 month avg: 124,671,458 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 09/19/2024 to 09/30/2024Breakout 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: Electric Utility (East)Industry RS rank: 4 out of 60Stock RS rank: 205 out of 61010/10/24 close: $55.491 Month avg volatility: $0.92. Volatility stop (for downward breakout): $58.69 or 5.8% above the close.Change YTD: 18.06%Volume: 5,504,400 shares. 3 month avg: 2,249,422 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 09/16/2024 to 10/02/2024Breakout 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: Metal FabricatingIndustry RS rank: 18 out of 60Stock RS rank: 584 out of 61010/10/24 close: $13.461 Month avg volatility: $0.60. Volatility stop (for upward breakout): $11.73 or 12.8% below the close.Change YTD: -28.48%Volume: 108,900 shares. 3 month avg: 60,208 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 Thursday.Chart pattern: Ugly double bottom reversal pattern from 09/11/2024 to 09/26/2024Breakout 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: Information ServicesIndustry RS rank: 34 out of 60Stock RS rank: 200 out of 61010/10/24 close: $283.731 Month avg volatility: $5.94. Volatility stop (for downward breakout): $297.86 or 5.0% above the close.Change YTD: 14.74%Volume: 772,800 shares. 3 month avg: 3,458,600 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: Double Top, Eve and Eve reversal pattern from 09/03/2024 to 09/16/2024Breakout 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: 23 out of 60Stock RS rank: 327 out of 61010/10/24 close: $393.861 Month avg volatility: $8.96. Volatility stop (for upward breakout): $373.08 or 5.3% below the close.Change YTD: 11.39%Volume: 460,300 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: Ugly double bottom reversal pattern from 08/05/2024 to 09/11/2024Breakout 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: Healthcare InformationIndustry RS rank: 44 out of 60Stock RS rank: 341 out of 61010/10/24 close: $84.751 Month avg volatility: $2.04. Volatility stop (for downward breakout): $88.99 or 5.0% above the close.Change YTD: 27.83%Volume: 798,900 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: Broadening top reversal pattern from 09/17/2024 to 10/03/2024Breakout 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.
Industry: Metals and Mining (Div.)Industry RS rank: 49 out of 60Stock RS rank: 113 out of 61010/10/24 close: $6.621 Month avg volatility: $0.28. Volatility stop (for downward breakout): $7.21 or 8.9% above the close.Change YTD: 37.63%Volume: 9,989,300 shares. 3 month avg: 4,539,271 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: Head-and-shoulders top reversal pattern from 09/18/2024 to 10/04/2024Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Petroleum (Producing)Industry RS rank: 56 out of 60Stock RS rank: 554 out of 61010/10/24 close: $35.131 Month avg volatility: $1.19. Volatility stop (for upward breakout): $32.10 or 8.6% below the close.Change YTD: -3.01%Volume: 1,511,400 shares. 3 month avg: 1,326,055 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.Chart pattern: Double Bottom, Eve and Eve reversal pattern from 09/11/2024 to 09/26/2024Breakout 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: Medical SuppliesIndustry RS rank: 36 out of 60Stock RS rank: 364 out of 61010/10/24 close: $79.921 Month avg volatility: $1.19. Volatility stop (for downward breakout): $82.45 or 3.2% above the close.Change YTD: 11.85%Volume: 1,704,800 shares. 3 month avg: 3,130,522 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Triangle, descending reversal pattern from 09/11/2024 to 10/10/2024Breakout 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.
Industry: Trucking/Transp. LeasingIndustry RS rank: 57 out of 60Stock RS rank: 378 out of 61010/10/24 close: $42.151 Month avg volatility: $1.04. Volatility stop (for downward breakout): $44.90 or 6.5% above the close.Change YTD: -8.31%Volume: 563,900 shares. 3 month avg: 343,494 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Eve and Eve reversal pattern from 08/30/2024 to 09/19/2024Breakout 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: Computer Software and SvcsIndustry RS rank: 50 out of 60Stock RS rank: 414 out of 61010/10/24 close: $619.301 Month avg volatility: $12.01. Volatility stop (for downward breakout): $645.50 or 4.2% above the close.Change YTD: -0.92%Volume: 1,127,700 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 Top, Adam and Adam reversal pattern from 09/13/2024 to 09/19/2024Breakout 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: HomebuildingIndustry RS rank: 2 out of 60Stock RS rank: 75 out of 61010/10/24 close: $79.811 Month avg volatility: $2.15. Volatility stop (for downward breakout): $84.79 or 6.2% above the close.Change YTD: 27.78%Volume: 1,047,400 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 top reversal pattern from 09/16/2024 to 09/23/2024Breakout 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: Petroleum (Producing)Industry RS rank: 56 out of 60Stock RS rank: 411 out of 61010/10/24 close: $26.491 Month avg volatility: $0.69. Volatility stop (for upward breakout): $24.86 or 6.2% below the close.Change YTD: 24.42%Volume: 1,917,600 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, Adam and Eve reversal pattern from 08/05/2024 to 09/11/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: Trucking/Transp. LeasingIndustry RS rank: 57 out of 60Stock RS rank: 449 out of 61010/10/24 close: $16.541 Month avg volatility: $0.35. Volatility stop (for upward breakout): $15.75 or 4.8% below the close.Change YTD: -21.16%Volume: 278,100 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 bottom reversal pattern from 08/12/2024 to 10/10/2024Breakout is upward 53% of the time.Average rise: 27%.Break-even failure rate: 10%.Throwbacks occur 41% of the time.Price hits measure rule target 59% of the time.
Industry: BiotechnologyIndustry RS rank: 43 out of 60Stock RS rank: 203 out of 61010/10/24 close: $23.071 Month avg volatility: $0.97. Volatility stop (for downward breakout): $26.21 or 13.6% above the close.Change YTD: 20.53%Volume: 845,700 shares. 3 month avg: 906,888 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Eve and Eve reversal pattern from 08/29/2024 to 09/18/2024Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 3 out of 60Stock RS rank: 99 out of 61010/10/24 close: $124.981 Month avg volatility: $2.30. Volatility stop (for upward breakout): $120.00 or 4.0% below the close.Change YTD: 41.76%Volume: 1,438,600 shares. 3 month avg: 2,986,022 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: Ugly double bottom reversal pattern from 09/11/2024 to 10/01/2024Breakout 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: Electric Utility (East)Industry RS rank: 4 out of 60Stock RS rank: 65 out of 61010/10/24 close: $80.941 Month avg volatility: $1.51. Volatility stop (for downward breakout): $85.58 or 5.7% above the close.Change YTD: 33.26%Volume: 7,919,100 shares. 3 month avg: 6,704,131 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Adam and Eve reversal pattern from 09/16/2024 to 10/03/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: Electric Utility (Central)Industry RS rank: 6 out of 60Stock RS rank: 119 out of 61010/10/24 close: $39.651 Month avg volatility: $0.51. Volatility stop (for downward breakout): $41.18 or 3.9% above the close.Change YTD: 13.51%Volume: 974,600 shares. 3 month avg: 1,006,480 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 09/16/2024 to 10/02/2024Breakout 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: Medical SuppliesIndustry RS rank: 36 out of 60Stock RS rank: 607 out of 61010/10/24 close: $13.461 Month avg volatility: $0.70. Volatility stop (for downward breakout): $14.96 or 11.2% above the close.Change YTD: -30.15%Volume: 485,700 shares. 3 month avg: 1,209,165 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.Chart pattern: Triple top reversal pattern from 08/26/2024 to 09/30/2024WARNING: A dead-cat bounce occurred on 05/03/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/01/2024.Breakout is 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: Computer Software and SvcsIndustry RS rank: 50 out of 60Stock RS rank: 48 out of 61010/10/24 close: $369.401 Month avg volatility: $8.70. Volatility stop (for upward breakout): $342.60 or 7.3% below the close.Change YTD: 25.27%Volume: 2,183,900 shares. 3 month avg: 1,496,697 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 09/18/2024 to 10/01/2024Breakout is upward 100% of the time.Average rise: 37%.Break-even failure rate: 5%.Throwbacks occur 59% of the time.Price hits measure rule target 66% of the time.
Industry: Chemical (Specialty)Industry RS rank: 52 out of 60Stock RS rank: 544 out of 61010/10/24 close: $13.171 Month avg volatility: $0.32. Volatility stop (for downward breakout): $14.01 or 6.4% above the close.Change YTD: -10.41%Volume: 53,700 shares. 3 month avg: 77,045 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Monday.Chart pattern: Double Top, Eve and Eve reversal pattern from 08/28/2024 to 09/12/2024Breakout 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: Retail Building SupplyIndustry RS rank: 19 out of 60Stock RS rank: 60 out of 61010/10/24 close: $139.051 Month avg volatility: $3.76. Volatility stop (for downward breakout): $149.87 or 7.8% above the close.Change YTD: 38.57%Volume: 260,800 shares. 3 month avg: 94,083 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, Eve and Eve reversal pattern from 09/20/2024 to 10/04/2024Breakout 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: Medical SuppliesIndustry RS rank: 36 out of 60Stock RS rank: 526 out of 61010/10/24 close: $192.581 Month avg volatility: $6.32. Volatility stop (for upward breakout): $179.90 or 6.6% below the close.Change YTD: -23.44%Volume: 295,600 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: Triangle, symmetrical continuation pattern from 09/19/2024 to 10/10/2024Breakout is upward 54% of the time.Average rise: 31%.Break-even failure rate: 9%.Throwbacks occur 37% of the time.Price hits measure rule target 66% of the time.
Industry: Electric Utility (West)Industry RS rank: 14 out of 60Stock RS rank: 137 out of 61010/10/24 close: $85.521 Month avg volatility: $1.30. Volatility stop (for downward breakout): $89.30 or 4.4% above the close.Change YTD: 19.04%Volume: 660,000 shares. 3 month avg: 750,734 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: Triple top reversal pattern from 09/16/2024 to 10/01/2024Breakout 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: Insurance (Life)Industry RS rank: 33 out of 60Stock RS rank: 296 out of 61010/10/24 close: $121.701 Month avg volatility: $1.95. Volatility stop (for upward breakout): $117.16 or 3.7% below the close.Change YTD: 17.35%Volume: 1,058,800 shares. 3 month avg: 1,688,191 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Ugly double bottom reversal pattern from 08/05/2024 to 09/11/2024Breakout 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: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 3 out of 60Stock RS rank: 398 out of 61010/10/24 close: $53.091 Month avg volatility: $1.35. Volatility stop (for upward breakout): $49.47 or 6.8% below the close.Change YTD: 48.88%Volume: 1,702,300 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 09/03/2024 to 09/09/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Telecom. EquipmentIndustry RS rank: 9 out of 60Stock RS rank: 413 out of 61010/10/24 close: $168.521 Month avg volatility: $4.71. Volatility stop (for downward breakout): $178.18 or 5.7% above the close.Change YTD: 16.52%Volume: 4,922,500 shares. 3 month avg: 12,234,022 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: Triangle, descending reversal pattern from 09/20/2024 to 10/10/2024Breakout 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.
Industry: Insurance (Life)Industry RS rank: 33 out of 60Stock RS rank: 215 out of 61010/10/24 close: $214.221 Month avg volatility: $4.09. Volatility stop (for upward breakout): $205.05 or 4.3% below the close.Change YTD: 32.41%Volume: 395,900 shares. 3 month avg: 326,800 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: Triangle, ascending reversal pattern from 09/03/2024 to 10/09/2024Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 58 out of 60Stock RS rank: 521 out of 61010/10/24 close: $7.061 Month avg volatility: $0.27. Volatility stop (for upward breakout): $6.30 or 10.8% below the close.Change YTD: -3.02%Volume: 1,715,200 shares. 3 month avg: 1,275,503 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 09/12/2024 to 09/26/2024Breakout 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: Electric Utility (West)Industry RS rank: 14 out of 60Stock RS rank: 168 out of 61010/10/24 close: $81.331 Month avg volatility: $1.18. Volatility stop (for downward breakout): $84.85 or 4.3% above the close.Change YTD: 8.83%Volume: 2,028,900 shares. 3 month avg: 1,356,452 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Triple top reversal pattern from 09/16/2024 to 10/01/2024Breakout 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: Computer Software and SvcsIndustry RS rank: 50 out of 60Stock RS rank: 454 out of 61010/10/24 close: $533.081 Month avg volatility: $12.50. Volatility stop (for upward breakout): $500.34 or 6.1% below the close.Change YTD: 3.53%Volume: 931,800 shares. 3 month avg: 998,728 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 09/09/2024 to 10/07/2024Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 23 out of 60Stock RS rank: 348 out of 61010/10/24 close: $233.201 Month avg volatility: $4.63. Volatility stop (for downward breakout): $245.68 or 5.4% above the close.Change YTD: 22.42%Volume: 959,100 shares. 3 month avg: 1,525,757 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Adam and Eve reversal pattern from 09/09/2024 to 09/17/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 3 out of 60Stock RS rank: 248 out of 61010/10/24 close: $6.261 Month avg volatility: $0.27. Volatility stop (for upward breakout): $5.59 or 10.8% below the close.Change YTD: 11.39%Volume: 633,900 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 09/09/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
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