As of 01/17/2025
Indus: 43,488 +334.70 +0.8%
Trans: 16,431 -169.75 -1.0%
Utils: 1,013 +1.53 +0.2%
Nasdaq: 19,630 +291.91 +1.5%
S&P 500: 5,997 +59.32 +1.0%
|
YTD
+2.2%
+3.4%
+3.0%
+1.7%
+2.0%
|
 44,700 or 41,600 by 02/01/202517,200 or 15,700 by 02/01/20251,050 or 950 by 02/01/202520,500 or 18,670 by 02/01/20256,100 or 5,700 by 02/01/2025 |
As of 01/17/2025
Indus: 43,488 +334.70 +0.8%
Trans: 16,431 -169.75 -1.0%
Utils: 1,013 +1.53 +0.2%
Nasdaq: 19,630 +291.91 +1.5%
S&P 500: 5,997 +59.32 +1.0%
|
YTD
+2.2%
+3.4%
+3.0%
+1.7%
+2.0%
| |
|
44,700 or 41,600 by 02/01/202517,200 or 15,700 by 02/01/20251,050 or 950 by 02/01/202520,500 or 18,670 by 02/01/20256,100 or 5,700 by 02/01/2025 | ||
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: Trucking/Transp. LeasingIndustry RS rank: 34 out of 60Stock RS rank: 510 out of 60812/26/24 close: $94.111 Month avg volatility: $3.54. Volatility stop (for downward breakout): $102.11 or 8.5% above the close.Change YTD: -21.71%Volume: 149,500 shares. 3 month avg: 234,063 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe top reversal pattern from 11/04/2024 to 11/11/2024Breakout 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: Chemical (Specialty)Industry RS rank: 46 out of 60Stock RS rank: 248 out of 60812/26/24 close: $166.961 Month avg volatility: $3.73. Volatility stop (for downward breakout): $174.65 or 4.6% above the close.Change YTD: 12.24%Volume: 55,600 shares. 3 month avg: 82,003 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 Friday.Chart pattern: Double Top, Eve and Adam reversal pattern from 11/06/2024 to 11/25/2024Breakout 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.
Industry: Medical SuppliesIndustry RS rank: 12 out of 60Stock RS rank: 158 out of 60812/26/24 close: $331.391 Month avg volatility: $10.09. Volatility stop (for upward breakout): $308.17 or 7.0% below the close.Change YTD: 2.63%Volume: 60,600 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 bottom reversal pattern from 11/25/2024 to 12/19/2024Breakout 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: E-CommerceIndustry RS rank: 1 out of 60Stock RS rank: 132 out of 60812/26/24 close: $190.871 Month avg volatility: $3.99. Volatility stop (for downward breakout): $199.72 or 4.6% above the close.Change YTD: 24.92%Volume: 373,000 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: Roof, inverted reversal pattern from 12/04/2024 to 12/26/2024Breakout is downward 50% of the time.Average decline: 17%.Break-even failure rate: 10%.Pullbacks occur 56% of the time.Price hits measure rule target 73% of the time.
Industry: Natural Gas (Diversified)Industry RS rank: 13 out of 60Stock RS rank: 592 out of 60812/26/24 close: $31.111 Month avg volatility: $0.88. Volatility stop (for downward breakout): $33.06 or 6.3% above the close.Change YTD: -31.32%Volume: 8,442,300 shares. 3 month avg: 4,704,349 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.Chart pattern: Triangle, descending reversal pattern from 09/26/2024 to 11/25/2024Breakout 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: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 2 out of 60Stock RS rank: 162 out of 60812/26/24 close: $63.811 Month avg volatility: $1.50. Volatility stop (for downward breakout): $67.11 or 5.2% above the close.Change YTD: 46.29%Volume: 1,840,500 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: Rising wedge reversal pattern from 11/20/2024 to 12/23/2024Breakout is downward 69% of the time.Average decline: 14%.Break-even failure rate: 24%.Pullbacks occur 63% of the time.Price hits measure rule target 46% of the time.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 19 out of 60Stock RS rank: 482 out of 60812/26/24 close: $27.991 Month avg volatility: $0.80. Volatility stop (for downward breakout): $29.76 or 6.3% above the close.Change YTD: -26.90%Volume: 66,900 shares. 3 month avg: 163,711 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Thursday.Chart pattern: Head-and-shoulders complex top reversal pattern from 11/11/2024 to 12/17/2024Breakout 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.
Industry: Food ProcessingIndustry RS rank: 43 out of 60Stock RS rank: 440 out of 60812/26/24 close: $177.721 Month avg volatility: $4.85. Volatility stop (for downward breakout): $188.92 or 6.3% above the close.Change YTD: 6.81%Volume: 106,600 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: Pipe top reversal pattern from 12/09/2024 to 12/16/2024Breakout 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: Trucking/Transp. LeasingIndustry RS rank: 34 out of 60Stock RS rank: 521 out of 60812/26/24 close: $15.701 Month avg volatility: $0.39. Volatility stop (for downward breakout): $16.53 or 5.3% above the close.Change YTD: -25.17%Volume: 203,400 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Pipe top reversal pattern from 11/04/2024 to 11/11/2024Breakout 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: Chemical (Specialty)Industry RS rank: 46 out of 60Stock RS rank: 350 out of 60812/26/24 close: $530.641 Month avg volatility: $10.29. Volatility stop (for downward breakout): $553.70 or 4.4% above the close.Change YTD: -2.78%Volume: 34,900 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 Top, Eve and Adam reversal pattern from 11/06/2024 to 12/16/2024Breakout 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.
Industry: Precision InstrumentIndustry RS rank: 38 out of 60Stock RS rank: 409 out of 60812/26/24 close: $156.421 Month avg volatility: $4.45. Volatility stop (for downward breakout): $166.02 or 6.1% above the close.Change YTD: -7.12%Volume: 79,800 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Adam and Adam reversal pattern from 11/25/2024 to 12/16/2024Breakout 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: DrugWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 51 out of 60Stock RS rank: 416 out of 60812/26/24 close: $26.561 Month avg volatility: $0.51. Volatility stop (for upward breakout): $25.45 or 4.2% below the close.Change YTD: -7.75%Volume: 30,234,300 shares. 3 month avg: 34,097,717 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Adam and Eve reversal pattern from 12/05/2024 to 12/12/2024Breakout 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: 16 out of 60Stock RS rank: 227 out of 60812/26/24 close: $85.441 Month avg volatility: $1.59. Volatility stop (for downward breakout): $88.96 or 4.1% above the close.Change YTD: 18.93%Volume: 782,500 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: Broadening top, right-angled and ascending reversal pattern from 08/02/2024 to 12/18/2024Breakout 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: Electric Utility (West)Industry RS rank: 16 out of 60Stock RS rank: 347 out of 60812/26/24 close: $43.781 Month avg volatility: $0.69. Volatility stop (for downward breakout): $45.28 or 3.4% above the close.Change YTD: 1.02%Volume: 724,500 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 Top, Adam and Eve reversal pattern from 11/06/2024 to 11/12/2024Breakout 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: Toiletries/CosmeticsIndustry RS rank: 57 out of 60Stock RS rank: 77 out of 60812/26/24 close: $25.841 Month avg volatility: $1.82. Volatility stop (for upward breakout): $21.75 or 15.8% below the close.Change YTD: 173.44%Volume: 10,400 shares. 3 month avg: 193,511 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 12/09/2024 to 12/16/2024Breakout 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: Packaging and ContainerIndustry RS rank: 39 out of 60Stock RS rank: 421 out of 60812/26/24 close: $34.291 Month avg volatility: $0.80. Volatility stop (for downward breakout): $35.95 or 4.9% above the close.Change YTD: -6.11%Volume: 977,100 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: Head-and-shoulders complex top reversal pattern from 09/27/2024 to 12/09/2024Breakout 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.
Industry: E-CommerceIndustry RS rank: 1 out of 60Stock RS rank: 349 out of 60812/26/24 close: $189.401 Month avg volatility: $5.56. Volatility stop (for downward breakout): $205.02 or 8.3% above the close.Change YTD: -2.29%Volume: 92,100 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 Top, Adam and Eve reversal pattern from 12/11/2024 to 12/18/2024Breakout 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: Retail StoreIndustry RS rank: 26 out of 60Stock RS rank: 63 out of 60812/26/24 close: $92.791 Month avg volatility: $1.56. Volatility stop (for downward breakout): $96.00 or 3.5% above the close.Change YTD: 76.57%Volume: 10,823,300 shares. 3 month avg: 6,204,140 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 12/06/2024 to 12/18/2024Breakout 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.
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