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 © 2023 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.
 
Alkermes (ALKS)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 24 out of 60
Stock RS rank: 144 out of 628
7/6/23 close: $30.05
1 Month avg volatility: $0.78. Volatility stop (for downward breakout): $32.09 or 6.8% above the close.
Change YTD: 15.00%
Volume: 1,220,100 shares. 3 month avg: 949,792 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 06/20/2023 to 06/26/2023
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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American Eagle Outfitters Inc. (AEO)
Industry: Apparel
Industry RS rank: 35 out of 60
Stock RS rank: 584 out of 628
7/6/23 close: $11.90
1 Month avg volatility: $0.36. Volatility stop (for upward breakout): $10.98 or 7.8% below the close.
Change YTD: -14.76%
Volume: 2,911,800 shares. 3 month avg: 4,309,748 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 05/25/2023 to 06/26/2023
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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American Financial Group (AFG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 49 out of 60
Stock RS rank: 549 out of 628
7/6/23 close: $117.41
1 Month avg volatility: $1.74. Volatility stop (for upward breakout): $112.95 or 3.8% below the close.
Change YTD: -14.47%
Volume: 332,700 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: Triangle, symmetrical continuation pattern from 05/19/2023 to 06/29/2023
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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Archer-Daniels-Midland Co (ADM)
Industry: Food Processing
Industry RS rank: 41 out of 60
Stock RS rank: 495 out of 628
7/6/23 close: $77.04
1 Month avg volatility: $1.53. Volatility stop (for upward breakout): $73.46 or 4.7% below the close.
Change YTD: -17.03%
Volume: 3,129,400 shares. 3 month avg: 3,092,757 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 05/18/2023 to 06/21/2023
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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Automatic Data Processing Inc (ADP)
Industry: IT Services
Industry RS rank: 18 out of 60
Stock RS rank: 448 out of 628
7/6/23 close: $221.65
1 Month avg volatility: $3.34. Volatility stop (for upward breakout): $211.41 or 4.6% below the close.
Change YTD: -7.21%
Volume: 1,833,300 shares. 3 month avg: 2,140,888 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triangle, ascending reversal pattern from 03/31/2023 to 07/06/2023
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

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Bassett Furniture Industries Inc (BSET)
Industry: Furn/Home Furnishings
Industry RS rank: 50 out of 60
Stock RS rank: 452 out of 628
7/6/23 close: $16.08
1 Month avg volatility: $0.45. Volatility stop (for upward breakout): $15.05 or 6.4% below the close.
Change YTD: -7.48%
Volume: 29,000 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: Ugly double bottom reversal pattern from 06/01/2023 to 06/16/2023
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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Bristol-Myers Squibb Company (BMY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 24 out of 60
Stock RS rank: 520 out of 628
7/6/23 close: $63.44
1 Month avg volatility: $0.94. Volatility stop (for downward breakout): $65.80 or 3.7% above the close.
Change YTD: -11.83%
Volume: 6,483,000 shares. 3 month avg: 5,378,746 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 06/05/2023 to 06/21/2023
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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Build-A-Bear Workshop Inc (BBW)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 38 out of 60
Stock RS rank: 491 out of 628
7/6/23 close: $21.93
1 Month avg volatility: $0.71. Volatility stop (for upward breakout): $20.18 or 8.0% below the close.
Change YTD: -8.01%
Volume: 172,600 shares. 3 month avg: 99,982 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: Triangle, ascending reversal pattern from 05/11/2023 to 07/06/2023
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price hits measure rule target 75% of the time.

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CROCS Inc (CROX)
Industry: Shoe
Industry RS rank: 11 out of 60
Stock RS rank: 293 out of 628
7/6/23 close: $111.43
1 Month avg volatility: $4.31. Volatility stop (for upward breakout): $100.50 or 9.8% below the close.
Change YTD: 2.77%
Volume: 1,734,900 shares. 3 month avg: 1,230,068 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: Pipe bottom reversal pattern from 06/20/2023 to 06/26/2023
WARNING: A dead-cat bounce occurred on 04/27/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 07/27/2023 and a 38% chance by 10/26/2023.
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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EPAM Systems Inc (EPAM)
Industry: IT Services
Industry RS rank: 18 out of 60
Stock RS rank: 613 out of 628
7/6/23 close: $229.85
1 Month avg volatility: $7.25. Volatility stop (for upward breakout): $211.85 or 7.8% below the close.
Change YTD: -29.87%
Volume: 429,100 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Ugly double bottom reversal pattern from 06/06/2023 to 06/22/2023
WARNING: A dead-cat bounce occurred on 06/05/2023. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 09/04/2023 and a 38% chance by 12/04/2023.
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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FedEx (FDX)
Industry: Air Transport
Industry RS rank: 9 out of 60
Stock RS rank: 61 out of 628
7/6/23 close: $247.67
1 Month avg volatility: $4.83. Volatility stop (for upward breakout): $237.00 or 4.3% below the close.
Change YTD: 43.00%
Volume: 1,710,800 shares. 3 month avg: 1,372,055 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: Pennant continuation pattern from 06/28/2023 to 07/06/2023
Breakout is upward 61% of the time.
Average rise: 25%.
Break-even failure rate: 2%.
Throwbacks occur 47% of the time.
Price hits measure rule target 60% of the time.

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Franco-Nevada Corp (FNV)
Industry: Metals and Mining (Div.)
Industry RS rank: 27 out of 60
Stock RS rank: 376 out of 628
7/6/23 close: $137.42
1 Month avg volatility: $3.08. Volatility stop (for upward breakout): $129.53 or 5.7% below the close.
Change YTD: 0.94%
Volume: 466,100 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: Pipe bottom reversal pattern from 02/21/2023 to 02/27/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Friedman Industries Inc (FRD)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 21 out of 60
Stock RS rank: 102 out of 628
7/6/23 close: $12.46
1 Month avg volatility: $0.36. Volatility stop (for upward breakout): $11.47 or 8.0% below the close.
Change YTD: 27.27%
Volume: 7,300 shares. 3 month avg: 24,458 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 Wednesday.
 
Chart pattern: Big W reversal pattern from 06/01/2023 to 06/26/2023
Breakout is upward 71% of the time.
Average rise: 31%.
Break-even failure rate: 11%.
Throwbacks occur 32% of the time.
Price hits measure rule target 42% of the time.

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Global Payments Inc (GPN)
Industry: Computer Software and Svcs
Industry RS rank: 6 out of 60
Stock RS rank: 313 out of 628
7/6/23 close: $105.26
1 Month avg volatility: $2.42. Volatility stop (for upward breakout): $97.40 or 7.5% below the close.
Change YTD: 5.98%
Volume: 3,732,300 shares. 3 month avg: 1,112,569 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 05/31/2023 to 06/28/2023
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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IDEXX Laboratories, Inc (IDXX)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 24 out of 60
Stock RS rank: 157 out of 628
7/6/23 close: $491.23
1 Month avg volatility: $10.79. Volatility stop (for upward breakout): $457.75 or 6.8% below the close.
Change YTD: 20.41%
Volume: 326,700 shares. 3 month avg: 512,494 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: Multi-peaks from 01/11/2023 to 07/06/2023

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Illinois Tool Works Inc. (ITW)
Industry: Metal Fabricating
Industry RS rank: 28 out of 60
Stock RS rank: 215 out of 628
7/6/23 close: $242.49
1 Month avg volatility: $4.11. Volatility stop (for upward breakout): $233.38 or 3.8% below the close.
Change YTD: 10.07%
Volume: 1,106,900 shares. 3 month avg: 1,083,738 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: Ugly double bottom reversal pattern from 06/01/2023 to 06/23/2023
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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Insteel Industries Inc (IIIN)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 21 out of 60
Stock RS rank: 312 out of 628
7/6/23 close: $29.66
1 Month avg volatility: $0.82. Volatility stop (for downward breakout): $31.68 or 6.8% above the close.
Change YTD: 7.78%
Volume: 47,700 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 Tuesday.
 
Chart pattern: Head-and-shoulders top reversal pattern from 05/23/2023 to 06/30/2023
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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Iron Mountain Inc (IRM)
Industry: Industrial Services
Industry RS rank: 20 out of 60
Stock RS rank: 170 out of 628
7/6/23 close: $58.27
1 Month avg volatility: $1.05. Volatility stop (for upward breakout): $54.97 or 5.7% below the close.
Change YTD: 16.89%
Volume: 1,441,400 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 bottom reversal pattern from 06/20/2023 to 06/26/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Lancaster Colony Corp (LANC)
Industry: Food Processing
Industry RS rank: 41 out of 60
Stock RS rank: 370 out of 628
7/6/23 close: $196.05
1 Month avg volatility: $4.03. Volatility stop (for upward breakout): $187.51 or 4.4% below the close.
Change YTD: -0.63%
Volume: 72,000 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 bottom reversal pattern from 06/12/2023 to 06/20/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Macys, Inc (M)
Industry: Retail Store
Industry RS rank: 26 out of 60
Stock RS rank: 598 out of 628
7/6/23 close: $15.90
1 Month avg volatility: $0.54. Volatility stop (for upward breakout): $14.63 or 8.0% below the close.
Change YTD: -23.00%
Volume: 7,881,500 shares. 3 month avg: 14,056,392 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: Pipe bottom reversal pattern from 06/20/2023 to 06/26/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Matrix Service Co. (MTRX)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 60 out of 60
Stock RS rank: 554 out of 628
7/6/23 close: $5.64
1 Month avg volatility: $0.27. Volatility stop (for upward breakout): $4.97 or 12.0% below the close.
Change YTD: -9.32%
Volume: 88,200 shares. 3 month avg: 303,508 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 03/06/2023 to 07/06/2023
WARNING: A dead-cat bounce occurred on 02/09/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/10/2023.
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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Micron Technology (MU)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 181 out of 628
7/6/23 close: $61.23
1 Month avg volatility: $1.99. Volatility stop (for downward breakout): $65.78 or 7.4% above the close.
Change YTD: 22.51%
Volume: 15,539,800 shares. 3 month avg: 38,182,855 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 05/22/2023 to 05/30/2023
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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National Oilwell Varco (NOV)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 60 out of 60
Stock RS rank: 573 out of 628
7/6/23 close: $16.09
1 Month avg volatility: $0.48. Volatility stop (for upward breakout): $14.75 or 8.3% below the close.
Change YTD: -22.98%
Volume: 4,544,700 shares. 3 month avg: 3,130,966 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: Ugly double bottom reversal pattern from 05/31/2023 to 06/23/2023
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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Nike Inc (NKE)
Industry: Shoe
Industry RS rank: 11 out of 60
Stock RS rank: 525 out of 628
7/6/23 close: $105.10
1 Month avg volatility: $2.30. Volatility stop (for downward breakout): $110.68 or 5.3% above the close.
Change YTD: -10.18%
Volume: 9,775,700 shares. 3 month avg: 7,684,068 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Eve reversal pattern from 06/16/2023 to 06/29/2023
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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Omnicom Group (OMC)
Industry: Advertising
Industry RS rank: 15 out of 60
Stock RS rank: 224 out of 628
7/6/23 close: $92.15
1 Month avg volatility: $1.79. Volatility stop (for downward breakout): $97.66 or 6.0% above the close.
Change YTD: 12.97%
Volume: 1,291,800 shares. 3 month avg: 2,548,395 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 06/14/2023 to 06/27/2023
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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Owens and Minor Inc (OMI)
Industry: Medical Supplies
Industry RS rank: 30 out of 60
Stock RS rank: 512 out of 628
7/6/23 close: $17.88
1 Month avg volatility: $0.70. Volatility stop (for downward breakout): $19.31 or 8.0% above the close.
Change YTD: -8.45%
Volume: 618,900 shares. 3 month avg: 1,209,165 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 05/23/2023 to 06/07/2023
WARNING: A dead-cat bounce occurred on 02/28/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/29/2023.
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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Plexus Corp (PLXS)
Industry: Electronics
Industry RS rank: 12 out of 60
Stock RS rank: 451 out of 628
7/6/23 close: $96.41
1 Month avg volatility: $1.87. Volatility stop (for upward breakout): $91.94 or 4.6% below the close.
Change YTD: -6.33%
Volume: 96,200 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: Ugly double bottom reversal pattern from 05/04/2023 to 06/26/2023
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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Robert Half International (RHI)
Industry: Human Resources
Industry RS rank: 37 out of 60
Stock RS rank: 308 out of 628
7/6/23 close: $76.87
1 Month avg volatility: $1.76. Volatility stop (for upward breakout): $72.24 or 6.0% below the close.
Change YTD: 4.12%
Volume: 1,418,300 shares. 3 month avg: 1,012,069 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: Ugly double bottom reversal pattern from 05/31/2023 to 06/23/2023
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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Schlumberger Limited (SLB)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 60 out of 60
Stock RS rank: 417 out of 628
7/6/23 close: $49.12
1 Month avg volatility: $1.18. Volatility stop (for upward breakout): $45.95 or 6.5% below the close.
Change YTD: -8.12%
Volume: 9,399,900 shares. 3 month avg: 8,320,412 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: Ugly double bottom reversal pattern from 05/31/2023 to 06/23/2023
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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Scotts Miracle-Gro Co. (SMG)
Industry: Chemical (Basic)
Industry RS rank: 40 out of 60
Stock RS rank: 166 out of 628
7/6/23 close: $62.89
1 Month avg volatility: $2.42. Volatility stop (for upward breakout): $55.83 or 11.2% below the close.
Change YTD: 29.43%
Volume: 803,400 shares. 3 month avg: 327,891 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 06/20/2023 to 06/26/2023
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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Teladoc, Inc (TDOC)
Industry: Healthcare Information
Industry RS rank: 29 out of 60
Stock RS rank: 384 out of 628
7/6/23 close: $22.56
1 Month avg volatility: $0.89. Volatility stop (for downward breakout): $25.81 or 14.4% above the close.
Change YTD: -4.61%
Volume: 9,043,000 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Adam and Adam reversal pattern from 06/07/2023 to 07/03/2023
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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Texas Instruments Inc. (TXN)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 1 out of 60
Stock RS rank: 284 out of 628
7/6/23 close: $174.82
1 Month avg volatility: $3.35. Volatility stop (for downward breakout): $182.18 or 4.2% above the close.
Change YTD: 5.81%
Volume: 4,518,800 shares. 3 month avg: 4,332,837 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 05/30/2023 to 07/03/2023
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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W. R. Berkley Corp (WRB)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 49 out of 60
Stock RS rank: 563 out of 628
7/6/23 close: $59.56
1 Month avg volatility: $0.93. Volatility stop (for downward breakout): $61.82 or 3.8% above the close.
Change YTD: -17.93%
Volume: 1,191,100 shares. 3 month avg: 1,243,968 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: Rising wedge reversal pattern from 05/23/2023 to 07/06/2023
Breakout 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.

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Wal-Mart Stores Inc. (WMT)
Industry: Retail Store
Industry RS rank: 26 out of 60
Stock RS rank: 221 out of 628
7/6/23 close: $157.11
1 Month avg volatility: $1.74. Volatility stop (for upward breakout): $153.39 or 2.4% below the close.
Change YTD: 10.80%
Volume: 4,711,700 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: Double Bottom, Adam and Adam reversal pattern from 06/21/2023 to 06/29/2023
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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Zebra Technologies Corp (ZBRA)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 17 out of 60
Stock RS rank: 204 out of 628
7/6/23 close: $291.14
1 Month avg volatility: $6.99. Volatility stop (for upward breakout): $269.56 or 7.4% below the close.
Change YTD: 13.54%
Volume: 291,000 shares. 3 month avg: 395,197 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: Three Rising Valleys reversal pattern from 05/02/2023 to 06/23/2023
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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