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%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Down arrow16,100 or 17,700 by 01/01/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 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%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Down arrow16,100 or 17,700 by 01/01/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025

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.
 
3M Company (MMM)
Industry: Diversified Co.
Industry RS rank: 37 out of 60
Stock RS rank: 41 out of 610
10/24/24 close: $126.47
1 Month avg volatility: $2.57. Volatility stop (for downward breakout): $134.08 or 6.0% above the close.
Change YTD: 15.69%
Volume: 5,055,100 shares. 3 month avg: 3,021,471 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 09/26/2024 to 10/22/2024
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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Acuity Brands, Inc (AYI)
Industry: Furn/Home Furnishings
Industry RS rank: 23 out of 60
Stock RS rank: 158 out of 610
10/24/24 close: $298.97
1 Month avg volatility: $6.16. Volatility stop (for downward breakout): $311.53 or 4.2% above the close.
Change YTD: 45.96%
Volume: 274,000 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: Double Top, Eve and Eve reversal pattern from 10/07/2024 to 10/15/2024
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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American Financial Group (AFG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 25 out of 60
Stock RS rank: 393 out of 610
10/24/24 close: $132.61
1 Month avg volatility: $2.41. Volatility stop (for downward breakout): $137.78 or 3.9% above the close.
Change YTD: 11.54%
Volume: 284,100 shares. 3 month avg: 353,085 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: Triple top reversal pattern from 10/04/2024 to 10/18/2024
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.

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Avient (AVNT)
Industry: Chemical (Specialty)
Industry RS rank: 51 out of 60
Stock RS rank: 269 out of 610
10/24/24 close: $48.06
1 Month avg volatility: $0.90. Volatility stop (for downward breakout): $49.92 or 3.9% above the close.
Change YTD: 15.61%
Volume: 423,500 shares. 3 month avg: 523,769 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, Adam and Eve reversal pattern from 09/27/2024 to 10/17/2024
Breakout 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.

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Best Buy Co. (BBY)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 26 out of 60
Stock RS rank: 84 out of 610
10/24/24 close: $94.12
1 Month avg volatility: $1.94. Volatility stop (for downward breakout): $98.11 or 4.2% above the close.
Change YTD: 20.24%
Volume: 1,322,500 shares. 3 month avg: 4,325,955 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 08/29/2024 to 09/30/2024
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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Bio-Rad Laboratories (BIO)
Industry: Medical Supplies
Industry RS rank: 13 out of 60
Stock RS rank: 160 out of 610
10/24/24 close: $328.08
1 Month avg volatility: $8.39. Volatility stop (for downward breakout): $352.79 or 7.5% above the close.
Change YTD: 1.61%
Volume: 171,800 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: Broadening top reversal pattern from 10/02/2024 to 10/24/2024
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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Brady Corp (BRC)
Industry: Chemical (Diversified)
Industry RS rank: 20 out of 60
Stock RS rank: 110 out of 610
10/24/24 close: $73.18
1 Month avg volatility: $1.15. Volatility stop (for upward breakout): $70.29 or 3.9% below the close.
Change YTD: 24.69%
Volume: 332,500 shares. 3 month avg: 204,463 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 09/06/2024 to 10/18/2024
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

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Builders FirstSource, Inc (BLDR)
Industry: Retail Building Supply
Industry RS rank: 30 out of 60
Stock RS rank: 439 out of 610
10/24/24 close: $181.66
1 Month avg volatility: $5.46. Volatility stop (for downward breakout): $193.27 or 6.4% above the close.
Change YTD: 8.82%
Volume: 829,400 shares. 3 month avg: 1,257,223 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: Triple top reversal pattern from 09/19/2024 to 10/16/2024
WARNING: A dead-cat bounce occurred on 05/07/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/05/2024.
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.

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Cadence Design Systems Inc (CDNS)
Industry: Computer Software and Svcs
Industry RS rank: 47 out of 60
Stock RS rank: 506 out of 610
10/24/24 close: $251.28
1 Month avg volatility: $6.64. Volatility stop (for downward breakout): $265.15 or 5.5% above the close.
Change YTD: -7.74%
Volume: 1,782,400 shares. 3 month avg: 2,769,531 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 09/19/2024 to 10/14/2024
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.

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Caleres (CAL)
Industry: Shoe
Industry RS rank: 31 out of 60
Stock RS rank: 559 out of 610
10/24/24 close: $29.02
1 Month avg volatility: $0.97. Volatility stop (for downward breakout): $31.72 or 9.3% above the close.
Change YTD: -5.56%
Volume: 585,600 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: Double Top, Eve and Eve reversal pattern from 09/27/2024 to 10/16/2024
WARNING: A dead-cat bounce occurred on 09/12/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 12/12/2024 and a 38% chance by 03/13/2025.
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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Columbus McKinnon (CMCO)
Industry: Machinery
Industry RS rank: 29 out of 60
Stock RS rank: 566 out of 610
10/24/24 close: $32.58
1 Month avg volatility: $0.79. Volatility stop (for downward breakout): $34.52 or 6.0% above the close.
Change YTD: -16.50%
Volume: 185,400 shares. 3 month avg: 120,960 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 09/30/2024 to 10/16/2024
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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CoStar Group Inc (CSGP)
Industry: Information Services
Industry RS rank: 32 out of 60
Stock RS rank: 556 out of 610
10/24/24 close: $73.91
1 Month avg volatility: $1.97. Volatility stop (for downward breakout): $78.79 or 6.6% above the close.
Change YTD: -15.43%
Volume: 7,867,000 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 Adam reversal pattern from 09/16/2024 to 10/18/2024
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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Costco Wholesale Corp (COST)
Industry: Retail Store
Industry RS rank: 35 out of 60
Stock RS rank: 103 out of 610
10/24/24 close: $893.42
1 Month avg volatility: $13.12. Volatility stop (for upward breakout): $862.03 or 3.5% below the close.
Change YTD: 35.35%
Volume: 1,491,600 shares. 3 month avg: 3,225,345 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: Multi-peaks from 08/15/2024 to 10/24/2024

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Crane Co (CR)
Industry: Diversified Co.
Industry RS rank: 37 out of 60
Stock RS rank: 348 out of 610
10/24/24 close: $150.52
1 Month avg volatility: $3.07. Volatility stop (for upward breakout): $142.72 or 5.2% below the close.
Change YTD: 27.41%
Volume: 196,200 shares. 3 month avg: 293,374 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, ascending reversal pattern from 09/19/2024 to 10/07/2024
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

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Danaher Corp (DHR)
Industry: Medical Services
Industry RS rank: 53 out of 60
Stock RS rank: 421 out of 610
10/24/24 close: $248.00
1 Month avg volatility: $5.30. Volatility stop (for downward breakout): $266.29 or 7.4% above the close.
Change YTD: 7.20%
Volume: 3,979,300 shares. 3 month avg: 2,378,355 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: Triple top reversal pattern from 08/01/2024 to 10/17/2024
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.

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Dynamic Materials (BOOM)
Industry: Metal Fabricating
Industry RS rank: 8 out of 60
Stock RS rank: 607 out of 610
10/24/24 close: $9.95
1 Month avg volatility: $0.49. Volatility stop (for downward breakout): $10.98 or 10.3% above the close.
Change YTD: -47.13%
Volume: 303,100 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: Dead-cat bounce continuation pattern from 10/22/2024 to 10/22/2024
Breakout is downward 67% of the time.
Average decline: 18%.

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Emerson Electric (EMR)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 2 out of 60
Stock RS rank: 427 out of 610
10/24/24 close: $108.26
1 Month avg volatility: $1.90. Volatility stop (for downward breakout): $112.46 or 3.9% above the close.
Change YTD: 11.23%
Volume: 1,831,900 shares. 3 month avg: 3,118,612 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, Adam and Eve reversal pattern from 10/07/2024 to 10/14/2024
Breakout 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.

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F5 Networks, Inc. (FFIV)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 60
Stock RS rank: 174 out of 610
10/24/24 close: $213.57
1 Month avg volatility: $2.90. Volatility stop (for downward breakout): $222.78 or 4.3% above the close.
Change YTD: 19.33%
Volume: 509,700 shares. 3 month avg: 847,706 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: Double Top, Adam and Adam reversal pattern from 09/24/2024 to 10/11/2024
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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Fortive Corp (FTV)
Industry: Industrial Services
Industry RS rank: 22 out of 60
Stock RS rank: 428 out of 610
10/24/24 close: $75.02
1 Month avg volatility: $1.11. Volatility stop (for downward breakout): $77.95 or 3.9% above the close.
Change YTD: 1.89%
Volume: 2,303,800 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 09/27/2024 to 10/15/2024
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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Franco-Nevada Corp (FNV)
Industry: Metals and Mining (Div.)
Industry RS rank: 36 out of 60
Stock RS rank: 234 out of 610
10/24/24 close: $135.80
1 Month avg volatility: $2.39. Volatility stop (for upward breakout): $128.62 or 5.3% below the close.
Change YTD: 22.55%
Volume: 802,900 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: Double Bottom, Eve and Adam reversal pattern from 09/06/2024 to 10/08/2024
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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GameStop Corp (GME)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 26 out of 60
Stock RS rank: 4 out of 610
10/24/24 close: $20.63
1 Month avg volatility: $0.75. Volatility stop (for upward breakout): $18.97 or 8.0% below the close.
Change YTD: 17.68%
Volume: 2,629,200 shares. 3 month avg: 3,063,175 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, symmetrical continuation pattern from 09/09/2024 to 10/24/2024
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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Global Payments Inc (GPN)
Industry: Computer Software and Svcs
Industry RS rank: 47 out of 60
Stock RS rank: 565 out of 610
10/24/24 close: $99.53
1 Month avg volatility: $2.32. Volatility stop (for upward breakout): $94.63 or 4.9% below the close.
Change YTD: -21.63%
Volume: 1,781,600 shares. 3 month avg: 1,112,569 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: Triple bottom reversal pattern from 09/25/2024 to 10/07/2024
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Globalfoundries Inc (GFS)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 24 out of 60
Stock RS rank: 541 out of 610
10/24/24 close: $39.07
1 Month avg volatility: $1.13. Volatility stop (for upward breakout): $36.17 or 7.4% below the close.
Change YTD: -35.53%
Volume: 755,600 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 bottom reversal pattern from 09/18/2024 to 10/23/2024
Breakout 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.

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Graco Incorporated (GGG)
Industry: Machinery
Industry RS rank: 29 out of 60
Stock RS rank: 491 out of 610
10/24/24 close: $82.34
1 Month avg volatility: $1.24. Volatility stop (for downward breakout): $85.25 or 3.5% above the close.
Change YTD: -5.09%
Volume: 1,021,000 shares. 3 month avg: 251,886 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 09/27/2024 to 10/15/2024
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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Griffon Corp (GFF)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 42 out of 60
Stock RS rank: 469 out of 610
10/24/24 close: $63.86
1 Month avg volatility: $1.51. Volatility stop (for downward breakout): $67.97 or 6.4% above the close.
Change YTD: 4.77%
Volume: 450,100 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: Double Top, Eve and Eve reversal pattern from 09/20/2024 to 10/16/2024
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 downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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Hologic Inc (HOLX)
Industry: Medical Supplies
Industry RS rank: 13 out of 60
Stock RS rank: 356 out of 610
10/24/24 close: $80.91
1 Month avg volatility: $1.20. Volatility stop (for upward breakout): $78.44 or 3.1% below the close.
Change YTD: 13.24%
Volume: 868,600 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: Triple bottom reversal pattern from 09/25/2024 to 10/09/2024
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Horton, D.R. Inc. (DHI)
Industry: Homebuilding
Industry RS rank: 6 out of 60
Stock RS rank: 92 out of 610
10/24/24 close: $182.70
1 Month avg volatility: $3.70. Volatility stop (for downward breakout): $191.73 or 4.9% above the close.
Change YTD: 20.21%
Volume: 1,615,600 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: Head-and-shoulders top reversal pattern from 08/26/2024 to 10/18/2024
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Idex Corp (IEX)
Industry: Machinery
Industry RS rank: 29 out of 60
Stock RS rank: 505 out of 610
10/24/24 close: $203.48
1 Month avg volatility: $3.26. Volatility stop (for downward breakout): $211.64 or 4.0% above the close.
Change YTD: -6.28%
Volume: 461,400 shares. 3 month avg: 514,597 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 09/27/2024 to 10/15/2024
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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Installed Building Products Inc (IBP)
Industry: Retail Building Supply
Industry RS rank: 30 out of 60
Stock RS rank: 433 out of 610
10/24/24 close: $230.62
1 Month avg volatility: $7.77. Volatility stop (for downward breakout): $250.08 or 8.4% above the close.
Change YTD: 26.15%
Volume: 186,500 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: Double Top, Adam and Eve reversal pattern from 09/27/2024 to 10/16/2024
Breakout 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.

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Kaiser Aluminum Corp (KALU)
Industry: Metals and Mining (Div.)
Industry RS rank: 36 out of 60
Stock RS rank: 572 out of 610
10/24/24 close: $67.31
1 Month avg volatility: $1.96. Volatility stop (for downward breakout): $72.22 or 7.3% above the close.
Change YTD: -5.45%
Volume: 564,900 shares. 3 month avg: 141,669 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: Double Top, Adam and Eve reversal pattern from 09/27/2024 to 10/18/2024
Breakout 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.

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Labratory Corp of America (LH)
Industry: Medical Services
Industry RS rank: 53 out of 60
Stock RS rank: 280 out of 610
10/24/24 close: $230.07
1 Month avg volatility: $4.51. Volatility stop (for upward breakout): $213.74 or 7.1% below the close.
Change YTD: 1.22%
Volume: 1,610,100 shares. 3 month avg: 674,168 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 10/08/2024 to 10/22/2024
Breakout 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.

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Lancaster Colony Corp (LANC)
Industry: Food Processing
Industry RS rank: 49 out of 60
Stock RS rank: 477 out of 610
10/24/24 close: $176.48
1 Month avg volatility: $3.08. Volatility stop (for downward breakout): $183.10 or 3.8% above the close.
Change YTD: 6.06%
Volume: 127,500 shares. 3 month avg: 112,417 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: Double Top, Eve and Eve reversal pattern from 09/18/2024 to 10/15/2024
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 11%.
Pullbacks occur 59% of the time.
Price hits measure rule target 73% of the time.

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NewMarket Corp. (NEU)
Industry: Chemical (Specialty)
Industry RS rank: 51 out of 60
Stock RS rank: 486 out of 610
10/24/24 close: $540.39
1 Month avg volatility: $8.35. Volatility stop (for upward breakout): $501.89 or 7.1% below the close.
Change YTD: -1.00%
Volume: 30,700 shares. 3 month avg: 31,329 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 10/08/2024 to 10/22/2024
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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Novanta Inc (NOVT)
Industry: Precision Instrument
Industry RS rank: 50 out of 60
Stock RS rank: 295 out of 610
10/24/24 close: $172.70
1 Month avg volatility: $3.96. Volatility stop (for upward breakout): $163.20 or 5.5% below the close.
Change YTD: 2.55%
Volume: 117,300 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 08/26/2024 to 10/23/2024
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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Nutanix Inc (NTNX)
Industry: E-Commerce
Industry RS rank: 9 out of 60
Stock RS rank: 398 out of 610
10/24/24 close: $62.02
1 Month avg volatility: $1.61. Volatility stop (for upward breakout): $57.74 or 6.9% below the close.
Change YTD: 30.05%
Volume: 1,356,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 09/18/2024 to 10/01/2024
WARNING: A dead-cat bounce occurred on 05/30/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/28/2024.
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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Omnicom Group (OMC)
Industry: Advertising
Industry RS rank: 11 out of 60
Stock RS rank: 366 out of 610
10/24/24 close: $100.46
1 Month avg volatility: $1.74. Volatility stop (for upward breakout): $96.52 or 3.9% below the close.
Change YTD: 16.13%
Volume: 1,142,500 shares. 3 month avg: 2,548,395 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 Eve reversal pattern from 09/25/2024 to 10/07/2024
Breakout 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.

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ON Semiconductor Corp (ON)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 24 out of 60
Stock RS rank: 331 out of 610
10/24/24 close: $70.08
1 Month avg volatility: $2.32. Volatility stop (for downward breakout): $74.78 or 6.7% above the close.
Change YTD: -16.10%
Volume: 7,534,000 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: Head-and-shoulders top reversal pattern from 09/19/2024 to 10/15/2024
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Patrick Industries Inc (PATK)
Industry: Retail Building Supply
Industry RS rank: 30 out of 60
Stock RS rank: 83 out of 610
10/24/24 close: $135.22
1 Month avg volatility: $3.24. Volatility stop (for downward breakout): $142.69 or 5.5% above the close.
Change YTD: 34.75%
Volume: 191,700 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: Triple top reversal pattern from 09/20/2024 to 10/16/2024
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.

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PPG Industries Inc (PPG)
Industry: Chemical (Diversified)
Industry RS rank: 20 out of 60
Stock RS rank: 437 out of 610
10/24/24 close: $127.24
1 Month avg volatility: $2.38. Volatility stop (for downward breakout): $132.44 or 4.1% above the close.
Change YTD: -14.92%
Volume: 1,294,500 shares. 3 month avg: 1,342,054 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe top reversal pattern from 09/23/2024 to 09/30/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Quest Diagnostics (DGX)
Industry: Medical Services
Industry RS rank: 53 out of 60
Stock RS rank: 223 out of 610
10/24/24 close: $157.99
1 Month avg volatility: $2.89. Volatility stop (for upward breakout): $151.12 or 4.4% below the close.
Change YTD: 14.59%
Volume: 1,231,000 shares. 3 month avg: 1,490,418 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triple bottom reversal pattern from 10/07/2024 to 10/21/2024
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Ralph Lauren Corp. (RL)
Industry: Apparel
Industry RS rank: 40 out of 60
Stock RS rank: 168 out of 610
10/24/24 close: $197.94
1 Month avg volatility: $3.86. Volatility stop (for downward breakout): $206.83 or 4.5% above the close.
Change YTD: 37.27%
Volume: 416,700 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: Double Top, Adam and Adam reversal pattern from 10/14/2024 to 10/18/2024
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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Raymond James Financial, Inc. (RJF)
Industry: Securities Brokerage
Industry RS rank: 7 out of 60
Stock RS rank: 203 out of 610
10/24/24 close: $147.40
1 Month avg volatility: $2.47. Volatility stop (for upward breakout): $138.47 or 6.1% below the close.
Change YTD: 32.20%
Volume: 2,667,300 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 Friday.
 
Chart pattern: Flag continuation pattern from 10/18/2024 to 10/23/2024
Breakout is upward 54% of the time.
Average rise: 23%.
Break-even failure rate: 4%.
Throwbacks occur 43% of the time.
Price hits measure rule target 64% of the time.

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Rogers Corp (ROG)
Industry: Electronics
Industry RS rank: 34 out of 60
Stock RS rank: 499 out of 610
10/24/24 close: $99.50
1 Month avg volatility: $2.63. Volatility stop (for downward breakout): $107.49 or 8.0% above the close.
Change YTD: -24.66%
Volume: 259,400 shares. 3 month avg: 160,817 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 09/18/2024 to 10/18/2024
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Rollins Inc (ROL)
Industry: Industrial Services
Industry RS rank: 22 out of 60
Stock RS rank: 308 out of 610
10/24/24 close: $46.48
1 Month avg volatility: $0.81. Volatility stop (for downward breakout): $49.75 or 7.0% above the close.
Change YTD: 6.43%
Volume: 3,469,100 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: Head-and-shoulders complex top reversal pattern from 09/03/2024 to 10/01/2024
Breakout is downward 100% of the time.
Average decline: 23%.
Break-even failure rate: 4%.
Pullbacks occur 67% of the time.
Price hits measure rule target 53% of the time.

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Roper Technologies, Inc (ROP)
Industry: Industrial Services
Industry RS rank: 22 out of 60
Stock RS rank: 406 out of 610
10/24/24 close: $542.10
1 Month avg volatility: $7.90. Volatility stop (for downward breakout): $566.47 or 4.5% above the close.
Change YTD: -0.56%
Volume: 369,900 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: Broadening top reversal pattern from 08/29/2024 to 10/23/2024
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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SAIA Inc (SAIA)
Industry: Trucking/Transp. Leasing
Industry RS rank: 54 out of 60
Stock RS rank: 562 out of 610
10/24/24 close: $414.43
1 Month avg volatility: $14.60. Volatility stop (for downward breakout): $448.53 or 8.2% above the close.
Change YTD: -5.43%
Volume: 825,300 shares. 3 month avg: 163,825 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 09/19/2024 to 10/16/2024
WARNING: A dead-cat bounce occurred on 07/26/2024. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 10/25/2024 and a 38% chance by 01/24/2025.
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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Southern Copper (SCCO)
Industry: Metals and Mining (Div.)
Industry RS rank: 36 out of 60
Stock RS rank: 363 out of 610
10/24/24 close: $114.53
1 Month avg volatility: $2.77. Volatility stop (for upward breakout): $107.02 or 6.6% below the close.
Change YTD: 33.07%
Volume: 1,146,800 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: Triangle, symmetrical continuation pattern from 09/26/2024 to 10/24/2024
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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Teradyne Inc. (TER)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 52 out of 60
Stock RS rank: 290 out of 610
10/24/24 close: $110.72
1 Month avg volatility: $3.87. Volatility stop (for downward breakout): $126.03 or 13.8% above the close.
Change YTD: 2.03%
Volume: 7,133,300 shares. 3 month avg: 2,362,042 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: Head-and-shoulders top reversal pattern from 09/19/2024 to 10/15/2024
Breakout is downward 100% of the time.
Average decline: 22%.
Break-even failure rate: 4%.
Pullbacks occur 50% of the time.
Price hits measure rule target 55% of the time.

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Travelzoo Inc. (TZOO)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 60
Stock RS rank: 6 out of 610
10/24/24 close: $15.03
1 Month avg volatility: $0.51. Volatility stop (for upward breakout): $13.79 or 8.2% below the close.
Change YTD: 57.71%
Volume: 302,700 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: Pipe bottom reversal pattern from 09/30/2024 to 10/07/2024
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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V. F. Corp (VFC)
Industry: Apparel
Industry RS rank: 40 out of 60
Stock RS rank: 76 out of 610
10/24/24 close: $16.57
1 Month avg volatility: $0.71. Volatility stop (for downward breakout): $18.72 or 13.0% above the close.
Change YTD: -11.86%
Volume: 6,862,500 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 top reversal pattern from 09/30/2024 to 10/07/2024
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Waters Corp (WAT)
Industry: Precision Instrument
Industry RS rank: 50 out of 60
Stock RS rank: 355 out of 610
10/24/24 close: $327.30
1 Month avg volatility: $8.16. Volatility stop (for downward breakout): $351.05 or 7.3% above the close.
Change YTD: -0.59%
Volume: 270,500 shares. 3 month avg: 398,726 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: Triple top reversal pattern from 09/27/2024 to 10/15/2024
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.

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Watsco, Inc (WSO)
Industry: Retail Building Supply
Industry RS rank: 30 out of 60
Stock RS rank: 306 out of 610
10/24/24 close: $478.26
1 Month avg volatility: $10.45. Volatility stop (for downward breakout): $499.88 or 4.5% above the close.
Change YTD: 11.62%
Volume: 262,400 shares. 3 month avg: 222,320 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 Eve reversal pattern from 09/26/2024 to 10/18/2024
Breakout 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.

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WEX Inc (WEX)
Industry: Information Services
Industry RS rank: 32 out of 60
Stock RS rank: 569 out of 610
10/24/24 close: $181.13
1 Month avg volatility: $3.89. Volatility stop (for downward breakout): $197.40 or 9.0% above the close.
Change YTD: -6.90%
Volume: 2,459,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Dead-cat bounce continuation pattern from 10/24/2024 to 10/24/2024
Breakout is downward 67% of the time.
Average decline: 18%.

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