As of 11/27/2024
Indus: 44,722 -138.25 -0.3%
Trans: 17,609 -88.01 -0.5%
Utils: 1,079 -0.58 -0.1%
Nasdaq: 19,060 -113.82 -0.6%
S&P 500: 5,999 -22.89 -0.4%
|
YTD
+18.7%
+10.8%
+22.4%
+27.0%
+25.8%
|
 46,000 or 43,000 by 12/01/202418,000 or 16,600 by 12/01/20241,200 or 1,000 by 12/01/202420,000 or 18,400 by 12/01/20246,100 or 5,800 by 12/01/2024 |
As of 11/27/2024
Indus: 44,722 -138.25 -0.3%
Trans: 17,609 -88.01 -0.5%
Utils: 1,079 -0.58 -0.1%
Nasdaq: 19,060 -113.82 -0.6%
S&P 500: 5,999 -22.89 -0.4%
|
YTD
+18.7%
+10.8%
+22.4%
+27.0%
+25.8%
| |
|
46,000 or 43,000 by 12/01/202418,000 or 16,600 by 12/01/20241,200 or 1,000 by 12/01/202420,000 or 18,400 by 12/01/20246,100 or 5,800 by 12/01/2024 | ||
Copyright © 2024 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: ApparelIndustry RS rank: 39 out of 60Stock RS rank: 446 out of 60811/27/24 close: $148.561 Month avg volatility: $6.28. Volatility stop (for upward breakout): $133.44 or 10.2% below the close.Change YTD: 68.40%Volume: 2,275,700 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: Pipe bottom reversal pattern from 10/28/2024 to 11/04/2024Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 20 out of 60Stock RS rank: 230 out of 60811/27/24 close: $147.931 Month avg volatility: $2.77. Volatility stop (for upward breakout): $142.12 or 3.9% below the close.Change YTD: 24.43%Volume: 408,800 shares. 3 month avg: 353,085 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.Chart pattern: Ugly double bottom reversal pattern from 11/04/2024 to 11/19/2024Breakout 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: 20 out of 60Stock RS rank: 423 out of 60811/27/24 close: $77.141 Month avg volatility: $1.51. Volatility stop (for upward breakout): $73.38 or 4.9% below the close.Change YTD: 13.86%Volume: 2,414,700 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, Adam and Adam reversal pattern from 11/13/2024 to 11/21/2024Breakout 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: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 27 out of 60Stock RS rank: 398 out of 60811/27/24 close: $89.191 Month avg volatility: $3.09. Volatility stop (for downward breakout): $100.46 or 12.6% above the close.Change YTD: -3.94%Volume: 224,500 shares. 3 month avg: 141,992 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 10/21/2024 to 11/25/2024Breakout 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: E-CommerceIndustry RS rank: 7 out of 60Stock RS rank: 97 out of 60811/27/24 close: $402.291 Month avg volatility: $11.30. Volatility stop (for upward breakout): $371.58 or 7.6% below the close.Change YTD: 70.82%Volume: 1,686,500 shares. 3 month avg: 2,258,017 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 11/11/2024 to 11/18/2024Breakout 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: Food ProcessingIndustry RS rank: 43 out of 60Stock RS rank: 379 out of 60811/27/24 close: $46.071 Month avg volatility: $0.88. Volatility stop (for upward breakout): $44.24 or 4.0% below the close.Change YTD: 6.57%Volume: 1,894,900 shares. 3 month avg: 2,769,580 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Pipe bottom reversal pattern from 11/11/2024 to 11/18/2024Breakout 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: E-CommerceIndustry RS rank: 7 out of 60Stock RS rank: 188 out of 60811/27/24 close: $181.551 Month avg volatility: $3.94. Volatility stop (for upward breakout): $172.23 or 5.1% below the close.Change YTD: 18.82%Volume: 441,900 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: Double Bottom, Eve and Adam reversal pattern from 11/04/2024 to 11/19/2024Breakout 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 (Integrated)Industry RS rank: 51 out of 60Stock RS rank: 501 out of 60811/27/24 close: $107.391 Month avg volatility: $2.39. Volatility stop (for downward breakout): $113.78 or 6.0% above the close.Change YTD: -7.48%Volume: 5,697,900 shares. 3 month avg: 6,156,062 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 11/06/2024 to 11/21/2024Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 182 out of 60811/27/24 close: $64.311 Month avg volatility: $1.36. Volatility stop (for upward breakout): $61.35 or 4.6% below the close.Change YTD: 47.43%Volume: 2,817,800 shares. 3 month avg: 8,868,903 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 10/28/2024 to 11/04/2024Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 20 out of 60Stock RS rank: 420 out of 60811/27/24 close: $389.001 Month avg volatility: $7.28. Volatility stop (for upward breakout): $371.98 or 4.4% below the close.Change YTD: 10.02%Volume: 330,900 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: Pipe bottom reversal pattern from 10/28/2024 to 11/04/2024Breakout 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: Petroleum (Integrated)Industry RS rank: 51 out of 60Stock RS rank: 396 out of 60811/27/24 close: $117.661 Month avg volatility: $2.05. Volatility stop (for downward breakout): $122.83 or 4.4% above the close.Change YTD: 17.68%Volume: 10,802,800 shares. 3 month avg: 17,282,225 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: Broadening top reversal pattern from 11/07/2024 to 11/27/2024Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 30 out of 60811/27/24 close: $250.071 Month avg volatility: $4.66. Volatility stop (for upward breakout): $238.78 or 4.5% below the close.Change YTD: 39.72%Volume: 345,400 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: Ugly double bottom reversal pattern from 10/24/2024 to 11/04/2024Breakout 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: Aerospace/DefenseIndustry RS rank: 40 out of 60Stock RS rank: 470 out of 60811/27/24 close: $282.311 Month avg volatility: $5.53. Volatility stop (for downward breakout): $297.07 or 5.2% above the close.Change YTD: 8.72%Volume: 993,500 shares. 3 month avg: 1,076,035 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 Eve reversal pattern from 10/23/2024 to 11/13/2024Breakout 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: Food ProcessingIndustry RS rank: 43 out of 60Stock RS rank: 425 out of 60811/27/24 close: $66.231 Month avg volatility: $1.08. Volatility stop (for upward breakout): $64.01 or 3.4% below the close.Change YTD: 1.67%Volume: 2,675,800 shares. 3 month avg: 4,139,065 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 11/11/2024 to 11/18/2024Breakout 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: Toiletries/CosmeticsIndustry RS rank: 58 out of 60Stock RS rank: 589 out of 60811/27/24 close: $72.511 Month avg volatility: $2.46. Volatility stop (for upward breakout): $66.14 or 8.8% below the close.Change YTD: -39.98%Volume: 262,100 shares. 3 month avg: 160,343 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: Head-and-shoulders bottom reversal pattern from 10/31/2024 to 11/18/2024WARNING: A dead-cat bounce occurred on 07/09/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 01/07/2025.Breakout is upward 100% of the time.Average rise: 38%.Break-even failure rate: 3%.Throwbacks occur 45% of the time.Price hits measure rule target 74% of the time.
Industry: Furn/Home FurnishingsIndustry RS rank: 10 out of 60Stock RS rank: 142 out of 60811/27/24 close: $56.271 Month avg volatility: $1.30. Volatility stop (for upward breakout): $53.65 or 4.7% below the close.Change YTD: 34.52%Volume: 233,200 shares. 3 month avg: 239,735 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 10/28/2024 to 11/04/2024Breakout 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: HomebuildingIndustry RS rank: 9 out of 60Stock RS rank: 93 out of 60811/27/24 close: $190.521 Month avg volatility: $9.31. Volatility stop (for upward breakout): $171.89 or 9.8% below the close.Change YTD: 22.43%Volume: 58,300 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: Double Bottom, Adam and Eve reversal pattern from 10/29/2024 to 11/19/2024Breakout 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: Retail Building SupplyIndustry RS rank: 23 out of 60Stock RS rank: 338 out of 60811/27/24 close: $225.531 Month avg volatility: $8.76. Volatility stop (for upward breakout): $206.44 or 8.5% below the close.Change YTD: 23.36%Volume: 172,400 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 11/11/2024 to 11/18/2024Breakout 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: AdvertisingIndustry RS rank: 21 out of 60Stock RS rank: 444 out of 60811/27/24 close: $30.481 Month avg volatility: $0.66. Volatility stop (for upward breakout): $29.02 or 4.8% below the close.Change YTD: -6.62%Volume: 4,318,600 shares. 3 month avg: 6,516,800 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 11/11/2024 to 11/18/2024Breakout 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: Air TransportIndustry RS rank: 13 out of 60Stock RS rank: 301 out of 60811/27/24 close: $5.961 Month avg volatility: $0.34. Volatility stop (for downward breakout): $6.68 or 12.1% above the close.Change YTD: 7.39%Volume: 9,526,900 shares. 3 month avg: 6,141,268 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: Head-and-shoulders top reversal pattern from 10/04/2024 to 10/28/2024WARNING: A dead-cat bounce occurred on 08/12/2024. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 02/10/2025.Breakout is downward 100% of the time.Average decline: 22%.Break-even failure rate: 4%.Pullbacks occur 50% of the time.Price hits measure rule target 55% of the time.
Industry: Retail StoreIndustry RS rank: 36 out of 60Stock RS rank: 605 out of 60811/27/24 close: $14.751 Month avg volatility: $0.79. Volatility stop (for downward breakout): $17.38 or 17.9% above the close.Change YTD: -48.57%Volume: 22,478,900 shares. 3 month avg: 5,587,366 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: Dead-cat bounce continuation pattern from 11/26/2024 to 11/26/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Electric Utility (Central)Industry RS rank: 16 out of 60Stock RS rank: 150 out of 60811/27/24 close: $44.081 Month avg volatility: $0.83. Volatility stop (for downward breakout): $46.08 or 4.5% above the close.Change YTD: 26.20%Volume: 650,500 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: Broadening top, right-angled and ascending reversal pattern from 08/08/2024 to 11/12/2024Breakout 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: ApparelIndustry RS rank: 39 out of 60Stock RS rank: 565 out of 60811/27/24 close: $82.971 Month avg volatility: $2.34. Volatility stop (for upward breakout): $76.19 or 8.2% below the close.Change YTD: -17.03%Volume: 298,200 shares. 3 month avg: 112,505 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: Head-and-shoulders bottom reversal pattern from 10/10/2024 to 11/20/2024Breakout is upward 100% of the time.Average rise: 38%.Break-even failure rate: 3%.Throwbacks occur 45% of the time.Price hits measure rule target 74% of the time.
Industry: Chemical (Specialty)Industry RS rank: 42 out of 60Stock RS rank: 361 out of 60811/27/24 close: $15.251 Month avg volatility: $0.39. Volatility stop (for upward breakout): $14.30 or 6.2% below the close.Change YTD: 3.74%Volume: 34,300 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: Pipe bottom reversal pattern from 10/28/2024 to 11/04/2024Breakout 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: Retail Building SupplyIndustry RS rank: 23 out of 60Stock RS rank: 207 out of 60811/27/24 close: $134.421 Month avg volatility: $5.01. Volatility stop (for upward breakout): $124.25 or 7.6% below the close.Change YTD: 33.95%Volume: 173,900 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: Pipe bottom reversal pattern from 10/28/2024 to 11/04/2024Breakout 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: Electric Utility (West)Industry RS rank: 15 out of 60Stock RS rank: 156 out of 60811/27/24 close: $94.521 Month avg volatility: $1.76. Volatility stop (for upward breakout): $90.26 or 4.5% below the close.Change YTD: 31.57%Volume: 1,180,500 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: Ugly double bottom reversal pattern from 11/04/2024 to 11/19/2024Breakout 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: 15 out of 60Stock RS rank: 303 out of 60811/27/24 close: $48.061 Month avg volatility: $0.76. Volatility stop (for upward breakout): $46.43 or 3.4% below the close.Change YTD: 10.89%Volume: 585,100 shares. 3 month avg: 771,474 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 11/04/2024 to 11/14/2024Breakout 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: Insurance (Prop/Casualty)Industry RS rank: 20 out of 60Stock RS rank: 101 out of 60811/27/24 close: $266.861 Month avg volatility: $5.01. Volatility stop (for upward breakout): $256.57 or 3.9% below the close.Change YTD: 67.54%Volume: 2,612,900 shares. 3 month avg: 3,017,600 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: Ugly double bottom reversal pattern from 11/05/2024 to 11/19/2024Breakout 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: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 19 out of 60Stock RS rank: 283 out of 60811/27/24 close: $154.891 Month avg volatility: $3.52. Volatility stop (for upward breakout): $146.95 or 5.1% below the close.Change YTD: 11.92%Volume: 2,317,000 shares. 3 month avg: 2,750,108 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: Triple bottom reversal pattern from 10/30/2024 to 11/20/2024Breakout 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.
Industry: IT ServicesIndustry RS rank: 3 out of 60Stock RS rank: 496 out of 60811/27/24 close: $123.291 Month avg volatility: $4.57. Volatility stop (for downward breakout): $133.29 or 8.1% above the close.Change YTD: -0.83%Volume: 313,900 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 11/06/2024 to 11/11/2024Breakout 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: Packaging and ContainerIndustry RS rank: 32 out of 60Stock RS rank: 447 out of 60811/27/24 close: $36.241 Month avg volatility: $0.94. Volatility stop (for upward breakout): $34.26 or 5.5% below the close.Change YTD: -0.77%Volume: 628,200 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, Adam and Eve reversal pattern from 11/08/2024 to 11/19/2024Breakout 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: Electric Utility (West)Industry RS rank: 15 out of 60Stock RS rank: 141 out of 60811/27/24 close: $94.281 Month avg volatility: $1.99. Volatility stop (for downward breakout): $98.81 or 4.8% above the close.Change YTD: 26.16%Volume: 2,866,400 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: Broadening top reversal pattern from 09/19/2024 to 11/04/2024Breakout 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: E-CommerceIndustry RS rank: 7 out of 60Stock RS rank: 419 out of 60811/27/24 close: $192.571 Month avg volatility: $4.61. Volatility stop (for upward breakout): $180.45 or 6.3% below the close.Change YTD: -0.66%Volume: 157,400 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: Ugly double bottom reversal pattern from 11/01/2024 to 11/15/2024Breakout 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: Oilfield Svcs/EquipmentIndustry RS rank: 54 out of 60Stock RS rank: 588 out of 60811/27/24 close: $4.301 Month avg volatility: $0.19. Volatility stop (for upward breakout): $3.90 or 9.4% below the close.Change YTD: -32.28%Volume: 12,731,300 shares. 3 month avg: 22,785,002 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 10/29/2024 to 11/27/2024Breakout 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: Air TransportIndustry RS rank: 13 out of 60Stock RS rank: 429 out of 60811/27/24 close: $135.681 Month avg volatility: $2.41. Volatility stop (for upward breakout): $130.35 or 3.9% below the close.Change YTD: -13.71%Volume: 2,441,600 shares. 3 month avg: 2,659,363 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 11/12/2024 to 11/20/2024Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 290 out of 60811/27/24 close: $191.631 Month avg volatility: $3.39. Volatility stop (for upward breakout): $178.55 or 6.8% below the close.Change YTD: -6.96%Volume: 888,800 shares. 3 month avg: 871,351 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 11/01/2024 to 11/19/2024Breakout 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: Precision InstrumentIndustry RS rank: 44 out of 60Stock RS rank: 236 out of 60811/27/24 close: $386.571 Month avg volatility: $10.55. Volatility stop (for upward breakout): $363.92 or 5.9% below the close.Change YTD: 17.42%Volume: 853,900 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: Pipe bottom reversal pattern from 11/11/2024 to 11/18/2024Breakout 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: Computer Software and SvcsIndustry RS rank: 37 out of 60Stock RS rank: 225 out of 60811/27/24 close: $253.401 Month avg volatility: $7.19. Volatility stop (for downward breakout): $274.39 or 8.3% above the close.Change YTD: -8.21%Volume: 13,864,700 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 11/13/2024 to 11/25/2024Breakout 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.
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