As of 04/19/2024
  Indus: 37,986 +211.02 +0.6%  
  Trans: 15,084 +136.79 +0.9%  
  Utils: 876 +15.31 +1.8%  
  Nasdaq: 15,282 -319.49 -2.0%  
  S&P 500: 4,967 -43.89 -0.9%  
YTD
 +0.8%  
-5.1%  
-0.7%  
 +1.8%  
 +4.1%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024
As of 04/19/2024
  Indus: 37,986 +211.02 +0.6%  
  Trans: 15,084 +136.79 +0.9%  
  Utils: 876 +15.31 +1.8%  
  Nasdaq: 15,282 -319.49 -2.0%  
  S&P 500: 4,967 -43.89 -0.9%  
YTD
 +0.8%  
-5.1%  
-0.7%  
 +1.8%  
 +4.1%  
  Targets    Overview: 04/12/2024  
  Up arrow39,800 or 37,150 by 05/01/2024
  Up arrow16,200 or 15,000 by 05/01/2024
  Up arrow885 or 850 by 05/01/2024
  Up arrow16,700 or 15,800 by 05/01/2024
  Up arrow5,250 or 5,025 by 05/01/2024

Patterns for the Weekend Details

Copyright © 2022 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: 49 out of 60
Stock RS rank: 433 out of 565
4/28/22 close: $147.14
1 Month avg volatility: $2.78. Volatility stop (for downward breakout): $153.29 or 4.2% above the close.
Change YTD: -17.16%
Volume: 2,533,300 shares. 3 month avg: 1,950,578 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 03/30/2022 to 04/21/2022
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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Adobe Systems (ADBE)
Industry: Computer Software and Svcs
Industry RS rank: 54 out of 60
Stock RS rank: 537 out of 565
4/28/22 close: $410.53
1 Month avg volatility: $13.88. Volatility stop (for downward breakout): $442.03 or 7.7% above the close.
Change YTD: -27.60%
Volume: 2,570,000 shares. 3 month avg: 3,137,863 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 03/22/2022 to 04/04/2022
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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Advanced Energy (AEIS)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 38 out of 60
Stock RS rank: 329 out of 565
4/28/22 close: $77.56
1 Month avg volatility: $2.79. Volatility stop (for downward breakout): $83.99 or 8.3% above the close.
Change YTD: -14.83%
Volume: 169,400 shares. 3 month avg: 447,252 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 03/18/2022 to 03/29/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 8%.
Pullbacks occur 61% of the time.
Price hits measure rule target 72% of the time.

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AES Corp (AES)
Industry: Electric Utility (East)
Industry RS rank: 13 out of 60
Stock RS rank: 439 out of 565
4/28/22 close: $21.04
1 Month avg volatility: $0.65. Volatility stop (for downward breakout): $22.58 or 7.3% above the close.
Change YTD: -13.42%
Volume: 4,263,700 shares. 3 month avg: 5,494,342 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 03/28/2022 to 04/04/2022
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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Allstate Corp (ALL)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 10 out of 60
Stock RS rank: 196 out of 565
4/28/22 close: $130.34
1 Month avg volatility: $2.81. Volatility stop (for downward breakout): $136.73 or 4.9% above the close.
Change YTD: 10.79%
Volume: 1,354,500 shares. 3 month avg: 1,838,948 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 Top, Adam and Adam reversal pattern from 04/11/2022 to 04/21/2022
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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Amdocs Limited (DOX)
Industry: IT Services
Industry RS rank: 47 out of 60
Stock RS rank: 202 out of 565
4/28/22 close: $80.57
1 Month avg volatility: $1.30. Volatility stop (for upward breakout): $77.60 or 3.7% below the close.
Change YTD: 7.66%
Volume: 588,200 shares. 3 month avg: 895,243 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 03/29/2022 to 04/18/2022
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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American Financial Group (AFG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 10 out of 60
Stock RS rank: 183 out of 565
4/28/22 close: $142.65
1 Month avg volatility: $3.19. Volatility stop (for downward breakout): $149.25 or 4.6% above the close.
Change YTD: 3.88%
Volume: 242,800 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: Double Top, Adam and Adam reversal pattern from 03/29/2022 to 04/21/2022
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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AmerisourceBergen Corp (ABC)
Industry: Biotechnology
Industry RS rank: 45 out of 60
Stock RS rank: 35 out of 565
4/28/22 close: $157.75
1 Month avg volatility: $3.31. Volatility stop (for downward breakout): $165.54 or 4.9% above the close.
Change YTD: 18.71%
Volume: 1,055,400 shares. 3 month avg: 798,808 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 04/08/2022 to 04/21/2022
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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Amgen Inc. (AMGN)
Industry: Biotechnology
Industry RS rank: 45 out of 60
Stock RS rank: 103 out of 565
4/28/22 close: $238.13
1 Month avg volatility: $4.82. Volatility stop (for downward breakout): $252.55 or 6.1% above the close.
Change YTD: 5.85%
Volume: 6,579,100 shares. 3 month avg: 2,770,322 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: Triple top reversal pattern from 04/11/2022 to 04/21/2022
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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AMN Healthcare (AMN)
Industry: Human Resources
Industry RS rank: 23 out of 60
Stock RS rank: 193 out of 565
4/28/22 close: $100.75
1 Month avg volatility: $3.35. Volatility stop (for downward breakout): $109.56 or 8.7% above the close.
Change YTD: -17.64%
Volume: 519,500 shares. 3 month avg: 286,222 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 reversal pattern from 03/21/2022 to 04/28/2022
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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AptarGroup Inc (ATR)
Industry: Packaging and Container
Industry RS rank: 20 out of 60
Stock RS rank: 352 out of 565
4/28/22 close: $112.10
1 Month avg volatility: $2.78. Volatility stop (for downward breakout): $117.81 or 5.1% above the close.
Change YTD: -8.47%
Volume: 289,200 shares. 3 month avg: 241,254 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 03/31/2022 to 04/21/2022
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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Armstrong World Industries (AWI)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 32 out of 60
Stock RS rank: 409 out of 565
4/28/22 close: $87.94
1 Month avg volatility: $2.50. Volatility stop (for downward breakout): $93.58 or 6.4% above the close.
Change YTD: -24.27%
Volume: 496,800 shares. 3 month avg: 508,948 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 03/22/2022 to 04/21/2022
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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Assured Guaranty Ltd. (AGO)
Industry: Insurance (Life)
Industry RS rank: 18 out of 60
Stock RS rank: 182 out of 565
4/28/22 close: $57.73
1 Month avg volatility: $1.49. Volatility stop (for downward breakout): $60.94 or 5.6% above the close.
Change YTD: 15.00%
Volume: 242,500 shares. 3 month avg: 1,068,715 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 02/25/2022 to 04/21/2022
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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Atmos Energy Corp (ATO)
Industry: Natural Gas (Diversified)
Industry RS rank: 3 out of 60
Stock RS rank: 49 out of 565
4/28/22 close: $116.81
1 Month avg volatility: $2.17. Volatility stop (for downward breakout): $121.92 or 4.4% above the close.
Change YTD: 11.49%
Volume: 819,000 shares. 3 month avg: 444,800 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 Top, Eve and Adam reversal pattern from 04/11/2022 to 04/20/2022
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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Avista (AVA)
Industry: Electric Utility (West)
Industry RS rank: 8 out of 60
Stock RS rank: 199 out of 565
4/28/22 close: $42.16
1 Month avg volatility: $0.90. Volatility stop (for downward breakout): $44.57 or 5.7% above the close.
Change YTD: -0.78%
Volume: 319,800 shares. 3 month avg: 396,820 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 03/07/2022 to 04/07/2022
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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Azenta Inc (AZTA)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 41 out of 60
Stock RS rank: 521 out of 565
4/28/22 close: $75.03
1 Month avg volatility: $2.91. Volatility stop (for downward breakout): $81.49 or 8.6% above the close.
Change YTD: -27.23%
Volume: 603,600 shares. 3 month avg: 448,778 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, Adam and Adam reversal pattern from 03/21/2022 to 03/29/2022
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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Bassett Furniture Industries Inc (BSET)
Industry: Furn/Home Furnishings
Industry RS rank: 50 out of 60
Stock RS rank: 265 out of 565
4/28/22 close: $16.67
1 Month avg volatility: $0.62. Volatility stop (for upward breakout): $15.34 or 8.0% below the close.
Change YTD: -0.60%
Volume: 57,600 shares. 3 month avg: 28,538 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 04/04/2022 to 04/21/2022
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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Celanese Corp (CE)
Industry: Chemical (Basic)
Industry RS rank: 17 out of 60
Stock RS rank: 383 out of 565
4/28/22 close: $142.93
1 Month avg volatility: $3.56. Volatility stop (for downward breakout): $150.88 or 5.6% above the close.
Change YTD: -14.95%
Volume: 1,403,100 shares. 3 month avg: 691,697 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 03/21/2022 to 04/25/2022
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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Centene Corp (CNC)
Industry: Medical Services
Industry RS rank: 21 out of 60
Stock RS rank: 101 out of 565
4/28/22 close: $81.59
1 Month avg volatility: $2.18. Volatility stop (for downward breakout): $86.49 or 6.0% above the close.
Change YTD: -0.98%
Volume: 3,482,000 shares. 3 month avg: 1,816,006 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: Double Top, Adam and Adam reversal pattern from 04/08/2022 to 04/21/2022
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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Check Point Software (CHKP)
Industry: E-Commerce
Industry RS rank: 58 out of 60
Stock RS rank: 152 out of 565
4/28/22 close: $128.83
1 Month avg volatility: $3.46. Volatility stop (for downward breakout): $136.89 or 6.3% above the close.
Change YTD: 10.53%
Volume: 1,454,500 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 Top, Adam and Eve reversal pattern from 04/08/2022 to 04/20/2022
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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Church and Dwight Co Inc (CHD)
Industry: Household Products
Industry RS rank: 9 out of 60
Stock RS rank: 75 out of 565
4/28/22 close: $100.40
1 Month avg volatility: $2.04. Volatility stop (for downward breakout): $105.80 or 5.4% above the close.
Change YTD: -2.05%
Volume: 2,405,900 shares. 3 month avg: 2,023,622 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 04/12/2022 to 04/27/2022
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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Clorox Co, The (CLX)
Industry: Household Products
Industry RS rank: 9 out of 60
Stock RS rank: 318 out of 565
4/28/22 close: $148.34
1 Month avg volatility: $3.22. Volatility stop (for upward breakout): $139.41 or 6.0% below the close.
Change YTD: -14.92%
Volume: 1,132,800 shares. 3 month avg: 971,306 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 03/14/2022 to 04/19/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Continental Resources Inc. (CLR)
Industry: Petroleum (Producing)
Industry RS rank: 1 out of 60
Stock RS rank: 76 out of 565
4/28/22 close: $57.93
1 Month avg volatility: $2.52. Volatility stop (for downward breakout): $63.76 or 10.1% above the close.
Change YTD: 29.42%
Volume: 1,136,700 shares. 3 month avg: 2,362,946 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 top reversal pattern from 04/11/2022 to 04/18/2022
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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Costco Wholesale Corp (COST)
Industry: Retail Store
Industry RS rank: 12 out of 60
Stock RS rank: 107 out of 565
4/28/22 close: $562.00
1 Month avg volatility: $13.33. Volatility stop (for downward breakout): $591.47 or 5.2% above the close.
Change YTD: -1.00%
Volume: 2,102,300 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: Double Top, Adam and Adam reversal pattern from 04/07/2022 to 04/21/2022
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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Crane Co (CR)
Industry: Diversified Co.
Industry RS rank: 49 out of 60
Stock RS rank: 264 out of 565
4/28/22 close: $98.72
1 Month avg volatility: $2.97. Volatility stop (for downward breakout): $105.24 or 6.6% above the close.
Change YTD: -2.96%
Volume: 445,700 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: Head-and-shoulders top reversal pattern from 03/22/2022 to 04/21/2022
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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DJ 15 Utilities (^DJU)
Industry: None
Industry RS rank: 48 out of 60
4/28/22 close: $1,030.72
1 Month avg volatility: $15.63. Volatility stop (for downward breakout): $1,065.62 or 3.4% above the close.
Change YTD: 5.09%
Volume: 55,478,700 shares. 3 month avg: 59,708,542 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 Top, Eve and Adam reversal pattern from 04/08/2022 to 04/20/2022
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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DJ 30 Industrials (^DJI)
Industry: None
Industry RS rank: 48 out of 60
4/28/22 close: $33,916.39
1 Month avg volatility: $518.17. Volatility stop (for downward breakout): $35,091.13 or 3.5% above the close.
Change YTD: -6.66%
Volume: 451,595,500 shares. 3 month avg: 386,545,698 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 03/29/2022 to 04/21/2022
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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Dril-Quip Inc (DRQ)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 4 out of 60
Stock RS rank: 38 out of 565
4/28/22 close: $30.68
1 Month avg volatility: $2.02. Volatility stop (for downward breakout): $35.19 or 14.7% above the close.
Change YTD: 55.89%
Volume: 217,200 shares. 3 month avg: 557,835 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: Horn top reversal pattern from 04/04/2022 to 04/18/2022
Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

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Fidelity National Information Svcs (FIS)
Industry: Computer Software and Svcs
Industry RS rank: 54 out of 60
Stock RS rank: 335 out of 565
4/28/22 close: $103.79
1 Month avg volatility: $2.68. Volatility stop (for downward breakout): $109.98 or 6.0% above the close.
Change YTD: -4.91%
Volume: 4,311,200 shares. 3 month avg: 1,473,917 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 04/05/2022 to 04/20/2022
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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Flextronics International Ltd (FLEX)
Industry: Electronics
Industry RS rank: 22 out of 60
Stock RS rank: 323 out of 565
4/28/22 close: $16.91
1 Month avg volatility: $0.58. Volatility stop (for downward breakout): $18.27 or 8.0% above the close.
Change YTD: -7.75%
Volume: 3,035,200 shares. 3 month avg: 3,241,565 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 top reversal pattern from 03/28/2022 to 04/04/2022
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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FormFactor Inc. (FORM)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 38 out of 60
Stock RS rank: 168 out of 565
4/28/22 close: $39.44
1 Month avg volatility: $1.78. Volatility stop (for upward breakout): $32.60 or 17.4% below the close.
Change YTD: -13.74%
Volume: 459,700 shares. 3 month avg: 748,688 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, Adam and Adam reversal pattern from 04/11/2022 to 04/27/2022
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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Fortinet Inc (FTNT)
Industry: Computer Software and Svcs
Industry RS rank: 54 out of 60
Stock RS rank: 288 out of 565
4/28/22 close: $308.65
1 Month avg volatility: $13.56. Volatility stop (for downward breakout): $339.01 or 9.8% above the close.
Change YTD: -14.12%
Volume: 1,192,200 shares. 3 month avg: 1,532,971 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 03/31/2022 to 04/21/2022
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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Freeport-McMoRan Copper and Gold B (FCX)
Industry: Metals and Mining (Div.)
Industry RS rank: 14 out of 60
Stock RS rank: 118 out of 565
4/28/22 close: $41.84
1 Month avg volatility: $1.86. Volatility stop (for downward breakout): $46.17 or 10.4% above the close.
Change YTD: 0.26%
Volume: 15,165,800 shares. 3 month avg: 23,596,338 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Triple top reversal pattern from 03/25/2022 to 04/18/2022
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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Gap Inc. (GPS)
Industry: Apparel
Industry RS rank: 42 out of 60
Stock RS rank: 546 out of 565
4/28/22 close: $12.86
1 Month avg volatility: $0.68. Volatility stop (for downward breakout): $14.35 or 11.6% above the close.
Change YTD: -27.14%
Volume: 8,697,200 shares. 3 month avg: 5,662,882 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: Dead-cat bounce continuation pattern from 04/22/2022 to 04/22/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Haynes International Inc. (HAYN)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 32 out of 60
Stock RS rank: 154 out of 565
4/28/22 close: $42.31
1 Month avg volatility: $2.16. Volatility stop (for downward breakout): $46.96 or 11.0% above the close.
Change YTD: 4.91%
Volume: 81,800 shares. 3 month avg: 80,035 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 Friday.
 
Chart pattern: Pipe top reversal pattern from 03/28/2022 to 04/04/2022
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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Helmerich and Payne Inc. (HP)
Industry: Petroleum (Producing)
Industry RS rank: 1 out of 60
Stock RS rank: 17 out of 565
4/28/22 close: $47.29
1 Month avg volatility: $2.00. Volatility stop (for downward breakout): $51.68 or 9.3% above the close.
Change YTD: 99.54%
Volume: 2,208,800 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: Pipe top reversal pattern from 04/11/2022 to 04/18/2022
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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Honeywell International Inc (HON)
Industry: Aerospace/Defense
Industry RS rank: 11 out of 60
Stock RS rank: 370 out of 565
4/28/22 close: $189.92
1 Month avg volatility: $3.74. Volatility stop (for downward breakout): $198.14 or 4.3% above the close.
Change YTD: -8.92%
Volume: 3,303,400 shares. 3 month avg: 2,744,942 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, Eve and Adam reversal pattern from 03/29/2022 to 04/21/2022
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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Intrepid Potash Inc (IPI)
Industry: Chemical (Diversified)
Industry RS rank: 24 out of 60
Stock RS rank: 7 out of 565
4/28/22 close: $83.06
1 Month avg volatility: $9.18. Volatility stop (for downward breakout): $103.91 or 25.1% above the close.
Change YTD: 94.38%
Volume: 521,800 shares. 3 month avg: 1,190,495 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 04/11/2022 to 04/18/2022
WARNING: A dead-cat bounce occurred on 11/02/2021. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 05/03/2022.
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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Intuitive Surgical Inc. (ISRG)
Industry: Medical Supplies
Industry RS rank: 56 out of 60
Stock RS rank: 516 out of 565
4/28/22 close: $243.26
1 Month avg volatility: $9.77. Volatility stop (for downward breakout): $264.13 or 8.6% above the close.
Change YTD: -32.30%
Volume: 3,142,300 shares. 3 month avg: 571,982 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 Adam reversal pattern from 04/04/2022 to 04/21/2022
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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Jack Henry and Associates (JKHY)
Industry: IT Services
Industry RS rank: 47 out of 60
Stock RS rank: 82 out of 565
4/28/22 close: $194.63
1 Month avg volatility: $3.68. Volatility stop (for downward breakout): $203.31 or 4.5% above the close.
Change YTD: 16.55%
Volume: 403,100 shares. 3 month avg: 329,005 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, Eve and Eve reversal pattern from 04/06/2022 to 04/21/2022
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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JetBlue Airways Corporation (JBLU)
Industry: Air Transport
Industry RS rank: 34 out of 60
Stock RS rank: 453 out of 565
4/28/22 close: $11.41
1 Month avg volatility: $0.56. Volatility stop (for downward breakout): $12.60 or 10.4% above the close.
Change YTD: -19.87%
Volume: 12,510,900 shares. 3 month avg: 6,141,268 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: Three Falling Peaks reversal pattern from 02/16/2022 to 04/21/2022
Breakout 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.

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L3Harris Technologies (LHX)
Industry: Aerospace/Defense
Industry RS rank: 11 out of 60
Stock RS rank: 194 out of 565
4/28/22 close: $239.09
1 Month avg volatility: $6.22. Volatility stop (for downward breakout): $253.37 or 6.0% above the close.
Change YTD: 12.12%
Volume: 1,239,900 shares. 3 month avg: 1,674,089 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, Eve and Adam reversal pattern from 04/08/2022 to 04/19/2022
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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Labratory Corp of America (LH)
Industry: Medical Services
Industry RS rank: 21 out of 60
Stock RS rank: 403 out of 565
4/28/22 close: $240.66
1 Month avg volatility: $6.53. Volatility stop (for downward breakout): $256.20 or 6.5% above the close.
Change YTD: -23.41%
Volume: 1,827,200 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 Top, Adam and Adam reversal pattern from 04/11/2022 to 04/21/2022
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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Lamar Advertising (LAMR)
Industry: Advertising
Industry RS rank: 16 out of 60
Stock RS rank: 233 out of 565
4/28/22 close: $114.14
1 Month avg volatility: $2.78. Volatility stop (for downward breakout): $120.38 or 5.5% above the close.
Change YTD: -5.90%
Volume: 356,600 shares. 3 month avg: 612,354 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 Adam reversal pattern from 03/31/2022 to 04/21/2022
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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Lilly, Eli and Co. (LLY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 26 out of 60
Stock RS rank: 80 out of 565
4/28/22 close: $297.27
1 Month avg volatility: $7.09. Volatility stop (for downward breakout): $314.70 or 5.9% above the close.
Change YTD: 7.62%
Volume: 5,877,400 shares. 3 month avg: 3,358,597 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 top reversal pattern from 04/11/2022 to 04/11/2022
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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Lowes Companies, Inc (LOW)
Industry: Retail Building Supply
Industry RS rank: 33 out of 60
Stock RS rank: 367 out of 565
4/28/22 close: $205.14
1 Month avg volatility: $5.89. Volatility stop (for upward breakout): $188.24 or 8.2% below the close.
Change YTD: -20.64%
Volume: 3,230,000 shares. 3 month avg: 6,401,252 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: Diamond bottom reversal pattern from 04/12/2022 to 04/28/2022
Breakout is upward 69% of the time.
Average rise: 36%.
Break-even failure rate: 4%.
Throwbacks occur 53% of the time.
Price hits measure rule target 81% of the time.

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Manhattan Associates (MANH)
Industry: IT Services
Industry RS rank: 47 out of 60
Stock RS rank: 497 out of 565
4/28/22 close: $132.41
1 Month avg volatility: $4.66. Volatility stop (for downward breakout): $144.28 or 9.0% above the close.
Change YTD: -14.84%
Volume: 370,800 shares. 3 month avg: 726,191 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: Triple top reversal pattern from 03/22/2022 to 04/21/2022
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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Mastercard Inc (MA)
Industry: Financial Services
Industry RS rank: 31 out of 60
Stock RS rank: 121 out of 565
4/28/22 close: $378.83
1 Month avg volatility: $9.30. Volatility stop (for upward breakout): $350.19 or 7.6% below the close.
Change YTD: 5.43%
Volume: 6,828,100 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, Eve and Adam reversal pattern from 04/13/2022 to 04/26/2022
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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NCR Corporation (NCR)
Industry: IT Services
Industry RS rank: 47 out of 60
Stock RS rank: 463 out of 565
4/28/22 close: $31.88
1 Month avg volatility: $1.60. Volatility stop (for downward breakout): $35.49 or 11.3% above the close.
Change YTD: -20.70%
Volume: 6,125,700 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: Dead-cat bounce continuation pattern from 04/27/2022 to 04/27/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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New Jersey Resources Corp (NJR)
Industry: Natural Gas (Distributor)
Industry RS rank: 5 out of 60
Stock RS rank: 86 out of 565
4/28/22 close: $44.16
1 Month avg volatility: $1.04. Volatility stop (for downward breakout): $46.63 or 5.6% above the close.
Change YTD: 7.55%
Volume: 713,400 shares. 3 month avg: 632,043 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 04/01/2022 to 04/21/2022
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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Nu Skin Enterprises, Inc (NUS)
Industry: Toiletries/Cosmetics
Industry RS rank: 30 out of 60
Stock RS rank: 159 out of 565
4/28/22 close: $43.18
1 Month avg volatility: $1.86. Volatility stop (for upward breakout): $37.80 or 12.5% below the close.
Change YTD: -14.92%
Volume: 770,500 shares. 3 month avg: 417,486 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 03/01/2022 to 03/24/2022
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.

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Occidental Petroleum Corp (OXY)
Industry: Petroleum (Producing)
Industry RS rank: 1 out of 60
Stock RS rank: 10 out of 565
4/28/22 close: $57.03
1 Month avg volatility: $2.90. Volatility stop (for downward breakout): $63.32 or 11.0% above the close.
Change YTD: 96.72%
Volume: 20,530,000 shares. 3 month avg: 4,088,786 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 03/23/2022 to 04/21/2022
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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Olin Corp. (OLN)
Industry: Chemical (Basic)
Industry RS rank: 17 out of 60
Stock RS rank: 281 out of 565
4/28/22 close: $53.26
1 Month avg volatility: $1.96. Volatility stop (for downward breakout): $57.52 or 8.0% above the close.
Change YTD: -7.41%
Volume: 2,122,000 shares. 3 month avg: 1,697,154 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 top reversal pattern from 04/11/2022 to 04/18/2022
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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On Assignment, Inc. (ASGN)
Industry: Human Resources
Industry RS rank: 23 out of 60
Stock RS rank: 227 out of 565
4/28/22 close: $116.99
1 Month avg volatility: $2.86. Volatility stop (for downward breakout): $124.29 or 6.2% above the close.
Change YTD: -5.19%
Volume: 258,700 shares. 3 month avg: 295,840 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 03/18/2022 to 04/27/2022
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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Paychex Inc (PAYX)
Industry: IT Services
Industry RS rank: 47 out of 60
Stock RS rank: 163 out of 565
4/28/22 close: $132.40
1 Month avg volatility: $3.35. Volatility stop (for downward breakout): $139.88 or 5.7% above the close.
Change YTD: -3.00%
Volume: 1,468,400 shares. 3 month avg: 1,495,946 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 04/06/2022 to 04/21/2022
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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Plexus Corp (PLXS)
Industry: Electronics
Industry RS rank: 22 out of 60
Stock RS rank: 365 out of 565
4/28/22 close: $82.60
1 Month avg volatility: $2.08. Volatility stop (for upward breakout): $74.40 or 9.9% below the close.
Change YTD: -13.86%
Volume: 186,100 shares. 3 month avg: 160,228 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 04/11/2022 to 04/25/2022
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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Prudential Financial Inc (PRU)
Industry: Insurance (Life)
Industry RS rank: 18 out of 60
Stock RS rank: 246 out of 565
4/28/22 close: $112.12
1 Month avg volatility: $2.54. Volatility stop (for downward breakout): $117.52 or 4.8% above the close.
Change YTD: 3.58%
Volume: 1,343,000 shares. 3 month avg: 1,758,845 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, Eve and Adam reversal pattern from 03/29/2022 to 04/21/2022
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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Raymond James Financial, Inc. (RJF)
Industry: Securities Brokerage
Industry RS rank: 52 out of 60
Stock RS rank: 197 out of 565
4/28/22 close: $104.04
1 Month avg volatility: $2.99. Volatility stop (for downward breakout): $110.99 or 6.7% above the close.
Change YTD: 3.63%
Volume: 2,475,900 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 Thursday.
 
Chart pattern: Pipe top reversal pattern from 04/11/2022 to 04/18/2022
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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Rockwell Automation Inc (ROK)
Industry: Diversified Co.
Industry RS rank: 49 out of 60
Stock RS rank: 423 out of 565
4/28/22 close: $263.35
1 Month avg volatility: $6.54. Volatility stop (for downward breakout): $277.35 or 5.3% above the close.
Change YTD: -24.51%
Volume: 464,700 shares. 3 month avg: 619,245 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 top reversal pattern from 03/09/2022 to 04/21/2022
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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RPC Inc (RES)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 4 out of 60
Stock RS rank: 3 out of 565
4/28/22 close: $10.69
1 Month avg volatility: $0.89. Volatility stop (for downward breakout): $12.66 or 18.4% above the close.
Change YTD: 135.46%
Volume: 1,811,500 shares. 3 month avg: 1,275,503 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: Pipe top reversal pattern from 04/11/2022 to 04/18/2022
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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Schwab, Charles Corporation (SCHW)
Industry: Securities Brokerage
Industry RS rank: 52 out of 60
Stock RS rank: 411 out of 565
4/28/22 close: $69.12
1 Month avg volatility: $2.90. Volatility stop (for downward breakout): $75.43 or 9.1% above the close.
Change YTD: -17.81%
Volume: 6,445,000 shares. 3 month avg: 6,527,123 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 03/22/2022 to 03/29/2022
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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Steelcase (SCS)
Industry: Furn/Home Furnishings
Industry RS rank: 50 out of 60
Stock RS rank: 236 out of 565
4/28/22 close: $12.14
1 Month avg volatility: $0.32. Volatility stop (for upward breakout): $11.26 or 7.3% below the close.
Change YTD: 3.58%
Volume: 895,600 shares. 3 month avg: 708,518 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: Double Bottom, Adam and Adam reversal pattern from 03/24/2022 to 04/07/2022
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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Surmodics, Inc (SRDX)
Industry: Medical Supplies
Industry RS rank: 56 out of 60
Stock RS rank: 501 out of 565
4/28/22 close: $39.89
1 Month avg volatility: $1.58. Volatility stop (for downward breakout): $43.80 or 9.8% above the close.
Change YTD: -17.15%
Volume: 40,400 shares. 3 month avg: 37,286 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, Adam and Adam reversal pattern from 03/31/2022 to 04/21/2022
WARNING: A dead-cat bounce occurred on 02/03/2022. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 05/05/2022 and a 38% chance by 08/04/2022.
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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Teladoc, Inc (TDOC)
Industry: Healthcare Information
Industry RS rank: 60 out of 60
Stock RS rank: 563 out of 565
4/28/22 close: $33.51
1 Month avg volatility: $4.23. Volatility stop (for downward breakout): $42.87 or 27.9% above the close.
Change YTD: -63.50%
Volume: 86,927,200 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 04/28/2022 to 04/28/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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Thermo Electron Corp (TMO)
Industry: Precision Instrument
Industry RS rank: 44 out of 60
Stock RS rank: 330 out of 565
4/28/22 close: $558.89
1 Month avg volatility: $15.59. Volatility stop (for downward breakout): $598.50 or 7.1% above the close.
Change YTD: -16.24%
Volume: 2,716,300 shares. 3 month avg: 1,572,766 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 03/31/2022 to 04/20/2022
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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V. F. Corp (VFC)
Industry: Apparel
Industry RS rank: 42 out of 60
Stock RS rank: 490 out of 565
4/28/22 close: $53.23
1 Month avg volatility: $1.55. Volatility stop (for downward breakout): $56.68 or 6.5% above the close.
Change YTD: -27.30%
Volume: 2,364,400 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 Monday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 03/29/2022 to 04/21/2022
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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Verisign (VRSN)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 53 out of 60
Stock RS rank: 263 out of 565
4/28/22 close: $208.42
1 Month avg volatility: $4.59. Volatility stop (for downward breakout): $218.72 or 4.9% above the close.
Change YTD: -17.89%
Volume: 1,087,300 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: Pipe top reversal pattern from 03/28/2022 to 04/04/2022
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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WEX Inc (WEX)
Industry: Information Services
Industry RS rank: 46 out of 60
Stock RS rank: 344 out of 565
4/28/22 close: $165.89
1 Month avg volatility: $5.75. Volatility stop (for downward breakout): $179.54 or 8.2% above the close.
Change YTD: 18.16%
Volume: 399,600 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 02/16/2022 to 04/21/2022
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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iShares US Medical devices index fund (IHI)
Industry: Medical Supplies
Industry RS rank: 56 out of 60
Stock RS rank: 384 out of 565
4/28/22 close: $56.42
1 Month avg volatility: $1.26. Volatility stop (for downward breakout): $59.17 or 4.9% above the close.
Change YTD: -14.32%
Volume: 1,339,200 shares. 3 month avg: 82,220 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 04/08/2022 to 04/21/2022
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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