As of 05/13/2024
  Indus: 39,432 -81.33 -0.2%  
  Trans: 15,629 +31.37 +0.2%  
  Utils: 941 -1.34 -0.1%  
  Nasdaq: 16,388 +47.37 +0.3%  
  S&P 500: 5,221 -1.26 0.0%  
YTD
 +4.6%  
-1.7%  
 +6.7%  
 +9.2%  
 +9.5%  
  Targets    Overview: 05/13/2024  
  Up arrow39,950 or 38,500 by 06/01/2024
  Up arrow16,050 or 15,300 by 06/01/2024
  Up arrow960 or 900 by 06/01/2024
  Up arrow17,250 or 15,850 by 06/01/2024
  Up arrow5,500 or 5,100 by 06/01/2024
As of 05/13/2024
  Indus: 39,432 -81.33 -0.2%  
  Trans: 15,629 +31.37 +0.2%  
  Utils: 941 -1.34 -0.1%  
  Nasdaq: 16,388 +47.37 +0.3%  
  S&P 500: 5,221 -1.26 0.0%  
YTD
 +4.6%  
-1.7%  
 +6.7%  
 +9.2%  
 +9.5%  
  Targets    Overview: 05/13/2024  
  Up arrow39,950 or 38,500 by 06/01/2024
  Up arrow16,050 or 15,300 by 06/01/2024
  Up arrow960 or 900 by 06/01/2024
  Up arrow17,250 or 15,850 by 06/01/2024
  Up arrow5,500 or 5,100 by 06/01/2024

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.
 
Acuity Brands, Inc (AYI)
Industry: Furn/Home Furnishings
Industry RS rank: 12 out of 60
Stock RS rank: 160 out of 623
11/16/23 close: $181.71
1 Month avg volatility: $3.77. Volatility stop (for upward breakout): $173.05 or 4.8% below the close.
Change YTD: 9.72%
Volume: 173,600 shares. 3 month avg: 670,414 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Agilent Technologies Inc (A)
Industry: Precision Instrument
Industry RS rank: 48 out of 60
Stock RS rank: 491 out of 623
11/16/23 close: $114.19
1 Month avg volatility: $2.80. Volatility stop (for upward breakout): $107.96 or 5.5% below the close.
Change YTD: -23.70%
Volume: 1,718,300 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Aon Corp (AON)
Industry: Insurance (Diversified)
Industry RS rank: 21 out of 60
Stock RS rank: 297 out of 623
11/16/23 close: $333.66
1 Month avg volatility: $5.58. Volatility stop (for upward breakout): $319.41 or 4.3% below the close.
Change YTD: 11.17%
Volume: 856,300 shares. 3 month avg: 1,880,728 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Apogee Enterprises (APOG)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 6 out of 60
Stock RS rank: 114 out of 623
11/16/23 close: $45.99
1 Month avg volatility: $0.97. Volatility stop (for upward breakout): $43.84 or 4.7% below the close.
Change YTD: 3.44%
Volume: 118,000 shares. 3 month avg: 243,183 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 10/27/2023 to 11/09/2023
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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Archer-Daniels-Midland Co (ADM)
Industry: Food Processing
Industry RS rank: 58 out of 60
Stock RS rank: 325 out of 623
11/16/23 close: $73.92
1 Month avg volatility: $1.25. Volatility stop (for upward breakout): $70.96 or 4.0% below the close.
Change YTD: -20.39%
Volume: 2,900,700 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 10/06/2023 to 11/08/2023
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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Arrow Electronics (ARW)
Industry: Electronics
Industry RS rank: 38 out of 60
Stock RS rank: 319 out of 623
11/16/23 close: $123.97
1 Month avg volatility: $2.50. Volatility stop (for upward breakout): $116.90 or 5.7% below the close.
Change YTD: 18.55%
Volume: 738,100 shares. 3 month avg: 447,163 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: Ugly double bottom reversal pattern from 10/25/2023 to 11/09/2023
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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Autodesk Inc (ADSK)
Industry: Computer Software and Svcs
Industry RS rank: 1 out of 60
Stock RS rank: 221 out of 623
11/16/23 close: $215.02
1 Month avg volatility: $4.60. Volatility stop (for upward breakout): $204.70 or 4.8% below the close.
Change YTD: 15.06%
Volume: 1,130,300 shares. 3 month avg: 2,150,943 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 10/26/2023 to 11/02/2023
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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Balchem Corp (BCPC)
Industry: Chemical (Specialty)
Industry RS rank: 22 out of 60
Stock RS rank: 335 out of 623
11/16/23 close: $124.02
1 Month avg volatility: $2.38. Volatility stop (for upward breakout): $117.20 or 5.5% below the close.
Change YTD: 1.56%
Volume: 89,100 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: Ugly double bottom reversal pattern from 10/27/2023 to 11/09/2023
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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Ball Corp (BALL)
Industry: Packaging and Container
Industry RS rank: 27 out of 60
Stock RS rank: 444 out of 623
11/16/23 close: $51.87
1 Month avg volatility: $1.41. Volatility stop (for upward breakout): $48.80 or 5.9% below the close.
Change YTD: 1.43%
Volume: 2,055,700 shares. 3 month avg: 2,433,769 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: Ugly double bottom reversal pattern from 10/23/2023 to 11/10/2023
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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Big Lots Inc. (BIG)
Industry: Retail Store
Industry RS rank: 26 out of 60
Stock RS rank: 618 out of 623
11/16/23 close: $4.06
1 Month avg volatility: $0.35. Volatility stop (for downward breakout): $4.97 or 22.4% above the close.
Change YTD: -72.38%
Volume: 947,500 shares. 3 month avg: 984,457 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: Horn top reversal pattern from 10/16/2023 to 10/30/2023
WARNING: A dead-cat bounce occurred on 05/26/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 11/24/2023.
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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BioMarin Pharmaceutical Inc (BMRN)
Industry: Biotechnology
Industry RS rank: 47 out of 60
Stock RS rank: 431 out of 623
11/16/23 close: $87.21
1 Month avg volatility: $2.24. Volatility stop (for upward breakout): $81.45 or 6.6% below the close.
Change YTD: -15.73%
Volume: 2,875,500 shares. 3 month avg: 1,330,032 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 10/30/2023 to 11/06/2023
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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Booz Allen Hamilton Holding Corp (BAH)
Industry: IT Services
Industry RS rank: 5 out of 60
Stock RS rank: 35 out of 623
11/16/23 close: $127.83
1 Month avg volatility: $2.50. Volatility stop (for upward breakout): $121.49 or 5.0% below the close.
Change YTD: 22.30%
Volume: 598,000 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 10/23/2023 to 10/30/2023
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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Builders FirstSource, Inc (BLDR)
Industry: Retail Building Supply
Industry RS rank: 24 out of 60
Stock RS rank: 217 out of 623
11/16/23 close: $130.35
1 Month avg volatility: $4.18. Volatility stop (for upward breakout): $121.44 or 6.8% below the close.
Change YTD: 100.91%
Volume: 1,520,900 shares. 3 month avg: 1,257,223 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/30/2023 to 11/09/2023
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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Celestica Inc (CLS)
Industry: Electronics
Industry RS rank: 38 out of 60
Stock RS rank: 2 out of 623
11/16/23 close: $27.50
1 Month avg volatility: $1.07. Volatility stop (for upward breakout): $24.86 or 9.6% below the close.
Change YTD: 144.01%
Volume: 1,250,100 shares. 3 month avg: 557,234 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Cemex SA de CV (CX)
Industry: Cement and Aggregates
Industry RS rank: 18 out of 60
Stock RS rank: 292 out of 623
11/16/23 close: $6.88
1 Month avg volatility: $0.21. Volatility stop (for upward breakout): $6.44 or 6.5% below the close.
Change YTD: 69.88%
Volume: 4,318,500 shares. 3 month avg: 9,928,860 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 10/09/2023 to 10/25/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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Century Aluminum Co. (CENX)
Industry: Metals and Mining (Div.)
Industry RS rank: 43 out of 60
Stock RS rank: 448 out of 623
11/16/23 close: $7.47
1 Month avg volatility: $0.35. Volatility stop (for upward breakout): $6.69 or 10.5% below the close.
Change YTD: -8.68%
Volume: 1,435,600 shares. 3 month avg: 2,285,742 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 10/06/2023 to 11/09/2023
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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Cognex (CGNX)
Industry: Precision Instrument
Industry RS rank: 48 out of 60
Stock RS rank: 597 out of 623
11/16/23 close: $36.57
1 Month avg volatility: $1.01. Volatility stop (for upward breakout): $34.37 or 6.0% below the close.
Change YTD: -22.37%
Volume: 930,600 shares. 3 month avg: 1,157,365 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 10/23/2023 to 10/30/2023
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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Columbus McKinnon (CMCO)
Industry: Machinery
Industry RS rank: 30 out of 60
Stock RS rank: 353 out of 623
11/16/23 close: $35.48
1 Month avg volatility: $1.13. Volatility stop (for upward breakout): $32.87 or 7.4% below the close.
Change YTD: 9.27%
Volume: 93,200 shares. 3 month avg: 120,960 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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ConAgra Brands Inc (CAG)
Industry: Food Processing
Industry RS rank: 58 out of 60
Stock RS rank: 574 out of 623
11/16/23 close: $28.08
1 Month avg volatility: $0.44. Volatility stop (for upward breakout): $27.13 or 3.4% below the close.
Change YTD: -27.44%
Volume: 3,233,800 shares. 3 month avg: 3,423,360 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 10/06/2023 to 10/23/2023
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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Corning Inc. (GLW)
Industry: Telecom. Equipment
Industry RS rank: 33 out of 60
Stock RS rank: 463 out of 623
11/16/23 close: $28.38
1 Month avg volatility: $0.53. Volatility stop (for upward breakout): $27.07 or 4.6% below the close.
Change YTD: -11.15%
Volume: 3,305,000 shares. 3 month avg: 5,449,098 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/24/2023 to 11/10/2023
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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CoStar Group Inc (CSGP)
Industry: Information Services
Industry RS rank: 19 out of 60
Stock RS rank: 223 out of 623
11/16/23 close: $82.24
1 Month avg volatility: $2.03. Volatility stop (for upward breakout): $77.53 or 5.7% below the close.
Change YTD: 6.42%
Volume: 1,224,400 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 bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Costco Wholesale Corp (COST)
Industry: Retail Store
Industry RS rank: 26 out of 60
Stock RS rank: 127 out of 623
11/16/23 close: $578.58
1 Month avg volatility: $9.03. Volatility stop (for upward breakout): $554.18 or 4.2% below the close.
Change YTD: 26.74%
Volume: 2,951,100 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: Triple bottom reversal pattern from 09/27/2023 to 10/27/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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CSG Systems International Inc (CSGS)
Industry: IT Services
Industry RS rank: 5 out of 60
Stock RS rank: 287 out of 623
11/16/23 close: $51.04
1 Month avg volatility: $1.26. Volatility stop (for upward breakout): $47.97 or 6.0% below the close.
Change YTD: -10.77%
Volume: 226,700 shares. 3 month avg: 127,302 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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.

Top

Danaher Corp (DHR)
Industry: Medical Services
Industry RS rank: 36 out of 60
Stock RS rank: 452 out of 623
11/16/23 close: $209.11
1 Month avg volatility: $4.89. Volatility stop (for upward breakout): $197.50 or 5.6% below the close.
Change YTD: -21.22%
Volume: 3,462,900 shares. 3 month avg: 2,378,355 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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.

Top

Evolent Health, Inc (EVH)
Industry: Healthcare Information
Industry RS rank: 50 out of 60
Stock RS rank: 514 out of 623
11/16/23 close: $29.46
1 Month avg volatility: $1.02. Volatility stop (for upward breakout): $27.02 or 8.3% below the close.
Change YTD: 4.91%
Volume: 554,500 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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.

Top

Expeditors International of Washington (EXPD)
Industry: Air Transport
Industry RS rank: 46 out of 60
Stock RS rank: 290 out of 623
11/16/23 close: $117.81
1 Month avg volatility: $2.44. Volatility stop (for upward breakout): $111.38 or 5.5% below the close.
Change YTD: 13.37%
Volume: 1,701,700 shares. 3 month avg: 1,055,643 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 10/26/2023 to 11/07/2023
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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FedEx (FDX)
Industry: Air Transport
Industry RS rank: 46 out of 60
Stock RS rank: 173 out of 623
11/16/23 close: $254.94
1 Month avg volatility: $5.65. Volatility stop (for upward breakout): $240.23 or 5.8% below the close.
Change YTD: 47.19%
Volume: 1,488,800 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: Head-and-shoulders bottom reversal pattern from 10/13/2023 to 11/09/2023
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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Flextronics International Ltd (FLEX)
Industry: Electronics
Industry RS rank: 38 out of 60
Stock RS rank: 200 out of 623
11/16/23 close: $26.38
1 Month avg volatility: $0.61. Volatility stop (for upward breakout): $25.06 or 5.0% below the close.
Change YTD: 22.93%
Volume: 3,722,000 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 bottom reversal pattern from 10/16/2023 to 10/23/2023
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: 6 out of 60
Stock RS rank: 122 out of 623
11/16/23 close: $12.01
1 Month avg volatility: $0.68. Volatility stop (for upward breakout): $10.64 or 11.4% below the close.
Change YTD: 22.68%
Volume: 10,100 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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General Dynamics Corp (GD)
Industry: Aerospace/Defense
Industry RS rank: 31 out of 60
Stock RS rank: 137 out of 623
11/16/23 close: $245.26
1 Month avg volatility: $3.31. Volatility stop (for upward breakout): $237.91 or 3.0% below the close.
Change YTD: -1.15%
Volume: 823,800 shares. 3 month avg: 1,076,035 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/06/2023 to 10/24/2023
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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General Electric Co (GE)
Industry: Diversified Co.
Industry RS rank: 39 out of 60
Stock RS rank: 153 out of 623
11/16/23 close: $118.94
1 Month avg volatility: $2.64. Volatility stop (for upward breakout): $111.03 or 6.7% below the close.
Change YTD: 41.95%
Volume: 4,638,500 shares. 3 month avg: 6,323,323 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple bottom reversal pattern from 10/20/2023 to 11/01/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Genworth Financial Inc (GNW)
Industry: Insurance (Life)
Industry RS rank: 14 out of 60
Stock RS rank: 283 out of 623
11/16/23 close: $5.77
1 Month avg volatility: $0.17. Volatility stop (for downward breakout): $6.23 or 8.0% above the close.
Change YTD: 9.07%
Volume: 1,907,300 shares. 3 month avg: 4,022,160 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 10/13/2023 to 11/03/2023
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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Hershey Company, The (HSY)
Industry: Food Processing
Industry RS rank: 58 out of 60
Stock RS rank: 589 out of 623
11/16/23 close: $195.84
1 Month avg volatility: $3.44. Volatility stop (for upward breakout): $187.24 or 4.4% below the close.
Change YTD: -15.43%
Volume: 1,330,100 shares. 3 month avg: 973,146 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 10/12/2023 to 11/07/2023
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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Hologic Inc (HOLX)
Industry: Medical Supplies
Industry RS rank: 59 out of 60
Stock RS rank: 490 out of 623
11/16/23 close: $72.63
1 Month avg volatility: $1.23. Volatility stop (for upward breakout): $69.56 or 4.2% below the close.
Change YTD: -2.91%
Volume: 2,062,600 shares. 3 month avg: 3,130,522 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Home Depot, Inc (HD)
Industry: Retail Building Supply
Industry RS rank: 24 out of 60
Stock RS rank: 275 out of 623
11/16/23 close: $306.44
1 Month avg volatility: $4.45. Volatility stop (for upward breakout): $295.42 or 3.6% below the close.
Change YTD: -2.98%
Volume: 3,109,300 shares. 3 month avg: 4,416,295 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 bottom reversal pattern from 10/06/2023 to 11/10/2023
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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Hub Group Inc. (HUBG)
Industry: Trucking/Transp. Leasing
Industry RS rank: 10 out of 60
Stock RS rank: 324 out of 623
11/16/23 close: $74.81
1 Month avg volatility: $2.28. Volatility stop (for upward breakout): $69.85 or 6.6% below the close.
Change YTD: -5.89%
Volume: 220,000 shares. 3 month avg: 343,494 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: Ugly double bottom reversal pattern from 10/27/2023 to 11/09/2023
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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Hunt, J.B. (JBHT)
Industry: Trucking/Transp. Leasing
Industry RS rank: 10 out of 60
Stock RS rank: 291 out of 623
11/16/23 close: $178.67
1 Month avg volatility: $4.25. Volatility stop (for upward breakout): $167.76 or 6.1% below the close.
Change YTD: 2.47%
Volume: 652,100 shares. 3 month avg: 898,451 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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IDEXX Laboratories, Inc (IDXX)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 34 out of 60
Stock RS rank: 409 out of 623
11/16/23 close: $466.64
1 Month avg volatility: $12.42. Volatility stop (for upward breakout): $435.79 or 6.6% below the close.
Change YTD: 14.38%
Volume: 460,800 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 Friday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Illinois Tool Works Inc. (ITW)
Industry: Metal Fabricating
Industry RS rank: 55 out of 60
Stock RS rank: 288 out of 623
11/16/23 close: $239.02
1 Month avg volatility: $4.37. Volatility stop (for upward breakout): $228.99 or 4.2% below the close.
Change YTD: 8.50%
Volume: 792,300 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: Head-and-shoulders bottom reversal pattern from 09/28/2023 to 11/09/2023
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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Insteel Industries Inc (IIIN)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 6 out of 60
Stock RS rank: 196 out of 623
11/16/23 close: $33.50
1 Month avg volatility: $0.93. Volatility stop (for upward breakout): $31.15 or 7.0% below the close.
Change YTD: 21.73%
Volume: 83,500 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Interpublic Group of Companies (IPG)
Industry: Advertising
Industry RS rank: 52 out of 60
Stock RS rank: 563 out of 623
11/16/23 close: $29.83
1 Month avg volatility: $0.66. Volatility stop (for upward breakout): $28.42 or 4.7% below the close.
Change YTD: -10.45%
Volume: 3,800,200 shares. 3 month avg: 6,516,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 10/04/2023 to 11/10/2023
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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Intuitive Surgical Inc. (ISRG)
Industry: Medical Supplies
Industry RS rank: 59 out of 60
Stock RS rank: 367 out of 623
11/16/23 close: $303.95
1 Month avg volatility: $7.69. Volatility stop (for upward breakout): $279.64 or 8.0% below the close.
Change YTD: 14.55%
Volume: 2,263,200 shares. 3 month avg: 571,982 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 Eve reversal pattern from 10/20/2023 to 10/30/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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JetBlue Airways Corporation (JBLU)
Industry: Air Transport
Industry RS rank: 46 out of 60
Stock RS rank: 609 out of 623
11/16/23 close: $4.34
1 Month avg volatility: $0.25. Volatility stop (for upward breakout): $3.81 or 12.2% below the close.
Change YTD: -33.02%
Volume: 11,190,200 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: Ugly double bottom reversal pattern from 10/31/2023 to 11/10/2023
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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Kaiser Aluminum Corp (KALU)
Industry: Metals and Mining (Div.)
Industry RS rank: 43 out of 60
Stock RS rank: 414 out of 623
11/16/23 close: $59.22
1 Month avg volatility: $2.58. Volatility stop (for upward breakout): $53.77 or 9.2% below the close.
Change YTD: -22.04%
Volume: 78,100 shares. 3 month avg: 141,669 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 10/27/2023 to 11/13/2023
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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Kulicke and Soffa (KLIC)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 60
Stock RS rank: 377 out of 623
11/16/23 close: $48.98
1 Month avg volatility: $1.44. Volatility stop (for upward breakout): $43.72 or 10.7% below the close.
Change YTD: 10.66%
Volume: 1,067,500 shares. 3 month avg: 518,337 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 10/23/2023 to 10/30/2023
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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La-Z-Boy Inc (LZB)
Industry: Furn/Home Furnishings
Industry RS rank: 12 out of 60
Stock RS rank: 187 out of 623
11/16/23 close: $30.89
1 Month avg volatility: $0.63. Volatility stop (for upward breakout): $29.50 or 4.5% below the close.
Change YTD: 35.36%
Volume: 232,100 shares. 3 month avg: 437,505 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: Ugly double bottom reversal pattern from 10/27/2023 to 11/10/2023
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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Macys, Inc (M)
Industry: Retail Store
Industry RS rank: 26 out of 60
Stock RS rank: 524 out of 623
11/16/23 close: $13.33
1 Month avg volatility: $0.51. Volatility stop (for upward breakout): $12.08 or 9.4% below the close.
Change YTD: -35.45%
Volume: 53,120,300 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: Triple bottom reversal pattern from 09/21/2023 to 11/13/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Manpower Inc. (MAN)
Industry: Human Resources
Industry RS rank: 35 out of 60
Stock RS rank: 304 out of 623
11/16/23 close: $74.79
1 Month avg volatility: $1.45. Volatility stop (for upward breakout): $71.04 or 5.0% below the close.
Change YTD: -10.12%
Volume: 183,500 shares. 3 month avg: 353,946 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: Ugly double bottom reversal pattern from 10/19/2023 to 11/13/2023
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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Marchex, Inc (MCHX)
Industry: Advertising
Industry RS rank: 52 out of 60
Stock RS rank: 585 out of 623
11/16/23 close: $1.37
1 Month avg volatility: $0.10. Volatility stop (for upward breakout): $1.09 or 20.4% below the close.
Change YTD: -14.37%
Volume: 36,600 shares. 3 month avg: 97,160 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 Wednesday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 10/25/2023 to 11/16/2023
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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Materion Corp (MTRN)
Industry: Metals and Mining (Div.)
Industry RS rank: 43 out of 60
Stock RS rank: 199 out of 623
11/16/23 close: $115.15
1 Month avg volatility: $2.81. Volatility stop (for upward breakout): $107.78 or 6.4% below the close.
Change YTD: 31.58%
Volume: 70,700 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 Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/23/2023 to 11/09/2023
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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MDC Holdings Inc. (MDC)
Industry: Homebuilding
Industry RS rank: 8 out of 60
Stock RS rank: 277 out of 623
11/16/23 close: $44.07
1 Month avg volatility: $1.04. Volatility stop (for upward breakout): $41.87 or 5.0% below the close.
Change YTD: 39.46%
Volume: 378,000 shares. 3 month avg: 498,709 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: Ugly double bottom reversal pattern from 10/27/2023 to 11/09/2023
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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Medtronic Inc (MDT)
Industry: Medical Supplies
Industry RS rank: 59 out of 60
Stock RS rank: 529 out of 623
11/16/23 close: $74.88
1 Month avg volatility: $1.38. Volatility stop (for upward breakout): $71.43 or 4.6% below the close.
Change YTD: -3.65%
Volume: 9,039,500 shares. 3 month avg: 5,761,640 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 10/30/2023 to 11/10/2023
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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Micron Technology (MU)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 2 out of 60
Stock RS rank: 119 out of 623
11/16/23 close: $76.67
1 Month avg volatility: $1.86. Volatility stop (for upward breakout): $72.76 or 5.1% below the close.
Change YTD: 53.40%
Volume: 12,657,700 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: Double Bottom, Adam and Eve reversal pattern from 09/28/2023 to 10/26/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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Morgan Stanley (MS)
Industry: Securities Brokerage
Industry RS rank: 41 out of 60
Stock RS rank: 419 out of 623
11/16/23 close: $79.66
1 Month avg volatility: $1.64. Volatility stop (for upward breakout): $75.76 or 4.9% below the close.
Change YTD: -6.30%
Volume: 6,665,500 shares. 3 month avg: 7,185,892 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 10/30/2023 to 11/09/2023
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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Mueller Industries Inc. (MLI)
Industry: Metal Fabricating
Industry RS rank: 55 out of 60
Stock RS rank: 247 out of 623
11/16/23 close: $41.04
1 Month avg volatility: $1.10. Volatility stop (for upward breakout): $38.24 or 6.8% below the close.
Change YTD: 39.12%
Volume: 450,200 shares. 3 month avg: 161,678 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 10/20/2023 to 11/09/2023
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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Network Appliance (NTAP)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 45 out of 60
Stock RS rank: 124 out of 623
11/16/23 close: $76.79
1 Month avg volatility: $1.35. Volatility stop (for upward breakout): $73.71 or 4.0% below the close.
Change YTD: 27.86%
Volume: 1,803,200 shares. 3 month avg: 2,986,022 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 10/23/2023 to 10/30/2023
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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Newell Brands Inc (NWL)
Industry: Household Products
Industry RS rank: 53 out of 60
Stock RS rank: 550 out of 623
11/16/23 close: $7.41
1 Month avg volatility: $0.33. Volatility stop (for upward breakout): $6.56 or 11.5% below the close.
Change YTD: -43.35%
Volume: 3,455,400 shares. 3 month avg: 7,205,206 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Triple bottom reversal pattern from 10/12/2023 to 11/13/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 4%.
Throwbacks occur 64% of the time.
Price hits measure rule target 64% of the time.

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Nordstrom Inc (JWN)
Industry: Retail Store
Industry RS rank: 26 out of 60
Stock RS rank: 447 out of 623
11/16/23 close: $14.45
1 Month avg volatility: $0.57. Volatility stop (for upward breakout): $13.23 or 8.4% below the close.
Change YTD: -10.47%
Volume: 6,618,800 shares. 3 month avg: 4,990,363 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Broadening bottom reversal pattern from 10/09/2023 to 11/16/2023
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Palo Alto Networks Inc (PANW)
Industry: Computer Software and Svcs
Industry RS rank: 1 out of 60
Stock RS rank: 65 out of 623
11/16/23 close: $242.30
1 Month avg volatility: $7.67. Volatility stop (for upward breakout): $218.81 or 9.7% below the close.
Change YTD: 73.64%
Volume: 15,580,300 shares. 3 month avg: 1,496,697 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 10/26/2023 to 11/06/2023
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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Patrick Industries Inc (PATK)
Industry: Retail Building Supply
Industry RS rank: 24 out of 60
Stock RS rank: 88 out of 623
11/16/23 close: $83.58
1 Month avg volatility: $2.24. Volatility stop (for upward breakout): $78.17 or 6.5% below the close.
Change YTD: 37.92%
Volume: 80,000 shares. 3 month avg: 94,083 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/26/2023 to 11/10/2023
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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Paypal Holdings, Inc (PYPL)
Industry: Financial Services
Industry RS rank: 37 out of 60
Stock RS rank: 455 out of 623
11/16/23 close: $56.82
1 Month avg volatility: $1.46. Volatility stop (for upward breakout): $53.63 or 5.6% below the close.
Change YTD: -20.22%
Volume: 12,581,500 shares. 3 month avg: 21,592,165 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Pure Storage, Inc (PSTG)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 45 out of 60
Stock RS rank: 15 out of 623
11/16/23 close: $36.16
1 Month avg volatility: $0.94. Volatility stop (for upward breakout): $33.94 or 6.1% below the close.
Change YTD: 35.13%
Volume: 2,766,000 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: Broadening bottom reversal pattern from 09/20/2023 to 11/15/2023
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Ralph Lauren Corp. (RL)
Industry: Apparel
Industry RS rank: 17 out of 60
Stock RS rank: 228 out of 623
11/16/23 close: $120.70
1 Month avg volatility: $2.96. Volatility stop (for upward breakout): $113.93 or 5.6% below the close.
Change YTD: 14.22%
Volume: 559,600 shares. 3 month avg: 933,391 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 10/12/2023 to 10/27/2023
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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Raymond James Financial, Inc. (RJF)
Industry: Securities Brokerage
Industry RS rank: 41 out of 60
Stock RS rank: 117 out of 623
11/16/23 close: $103.21
1 Month avg volatility: $2.07. Volatility stop (for upward breakout): $98.66 or 4.4% below the close.
Change YTD: -3.41%
Volume: 765,100 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 Monday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/25/2023 to 11/10/2023
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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RingCentral Inc (RNG)
Industry: Computer Software and Svcs
Industry RS rank: 1 out of 60
Stock RS rank: 354 out of 623
11/16/23 close: $29.06
1 Month avg volatility: $1.33. Volatility stop (for upward breakout): $25.52 or 12.2% below the close.
Change YTD: -17.91%
Volume: 1,959,700 shares. 3 month avg: 1,339,514 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 10/23/2023 to 10/30/2023
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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Rockwell Automation Inc (ROK)
Industry: Diversified Co.
Industry RS rank: 39 out of 60
Stock RS rank: 356 out of 623
11/16/23 close: $272.78
1 Month avg volatility: $5.98. Volatility stop (for upward breakout): $258.22 or 5.3% below the close.
Change YTD: 5.91%
Volume: 964,700 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: Double Bottom, Adam and Eve reversal pattern from 11/02/2023 to 11/10/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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Royal Gold, Inc (RGLD)
Industry: Metals and Mining (Div.)
Industry RS rank: 43 out of 60
Stock RS rank: 520 out of 623
11/16/23 close: $113.80
1 Month avg volatility: $2.71. Volatility stop (for upward breakout): $105.84 or 7.0% below the close.
Change YTD: 1.55%
Volume: 538,400 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, symmetrical continuation pattern from 09/20/2023 to 11/14/2023
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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Ryder System Inc (R)
Industry: Trucking/Transp. Leasing
Industry RS rank: 10 out of 60
Stock RS rank: 50 out of 623
11/16/23 close: $105.06
1 Month avg volatility: $2.25. Volatility stop (for upward breakout): $99.94 or 4.9% below the close.
Change YTD: 25.71%
Volume: 220,600 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: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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SAIA Inc (SAIA)
Industry: Trucking/Transp. Leasing
Industry RS rank: 10 out of 60
Stock RS rank: 18 out of 623
11/16/23 close: $411.70
1 Month avg volatility: $14.90. Volatility stop (for upward breakout): $374.60 or 9.0% below the close.
Change YTD: 96.35%
Volume: 234,600 shares. 3 month avg: 163,825 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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salesforce com (CRM)
Industry: E-Commerce
Industry RS rank: 4 out of 60
Stock RS rank: 259 out of 623
11/16/23 close: $221.45
1 Month avg volatility: $4.35. Volatility stop (for upward breakout): $210.24 or 5.1% below the close.
Change YTD: 67.02%
Volume: 3,687,300 shares. 3 month avg: 4,417,257 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, Eve and Eve reversal pattern from 10/03/2023 to 10/26/2023
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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Schwab, Charles Corporation (SCHW)
Industry: Securities Brokerage
Industry RS rank: 41 out of 60
Stock RS rank: 234 out of 623
11/16/23 close: $55.67
1 Month avg volatility: $1.43. Volatility stop (for upward breakout): $52.24 or 6.2% below the close.
Change YTD: -33.14%
Volume: 10,155,700 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 Bottom, Adam and Eve reversal pattern from 10/06/2023 to 10/25/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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SEI Investments Co (SEIC)
Industry: IT Services
Industry RS rank: 5 out of 60
Stock RS rank: 345 out of 623
11/16/23 close: $58.30
1 Month avg volatility: $0.88. Volatility stop (for upward breakout): $56.22 or 3.6% below the close.
Change YTD: 0.00%
Volume: 602,500 shares. 3 month avg: 571,423 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Service Corp International (SCI)
Industry: Industrial Services
Industry RS rank: 15 out of 60
Stock RS rank: 476 out of 623
11/16/23 close: $59.77
1 Month avg volatility: $1.31. Volatility stop (for upward breakout): $56.91 or 4.8% below the close.
Change YTD: -13.55%
Volume: 718,800 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Bottom, Adam and Eve reversal pattern from 10/12/2023 to 11/01/2023
Breakout is upward 100% of the time.
Average rise: 37%.
Break-even failure rate: 5%.
Throwbacks occur 59% of the time.
Price hits measure rule target 66% of the time.

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SkyWest Inc (SKYW)
Industry: Air Transport
Industry RS rank: 46 out of 60
Stock RS rank: 10 out of 623
11/16/23 close: $46.29
1 Month avg volatility: $1.62. Volatility stop (for upward breakout): $41.47 or 10.4% below the close.
Change YTD: 180.38%
Volume: 683,300 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 10/23/2023 to 11/10/2023
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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Tapestry Inc (TPR)
Industry: Apparel
Industry RS rank: 17 out of 60
Stock RS rank: 600 out of 623
11/16/23 close: $30.10
1 Month avg volatility: $0.75. Volatility stop (for upward breakout): $28.34 or 5.9% below the close.
Change YTD: -20.96%
Volume: 3,490,100 shares. 3 month avg: 3,145,718 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.
 
Chart pattern: Broadening bottom reversal pattern from 09/27/2023 to 11/09/2023
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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Target (TGT)
Industry: Retail Store
Industry RS rank: 26 out of 60
Stock RS rank: 558 out of 623
11/16/23 close: $129.94
1 Month avg volatility: $2.89. Volatility stop (for upward breakout): $121.41 or 6.6% below the close.
Change YTD: -12.82%
Volume: 11,981,600 shares. 3 month avg: 4,899,629 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 bottom reversal pattern from 10/02/2023 to 10/09/2023
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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Tempur-pedic Intl (TPX)
Industry: Furn/Home Furnishings
Industry RS rank: 12 out of 60
Stock RS rank: 293 out of 623
11/16/23 close: $39.22
1 Month avg volatility: $1.25. Volatility stop (for upward breakout): $36.56 or 6.8% below the close.
Change YTD: 14.24%
Volume: 2,096,300 shares. 3 month avg: 985,960 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: Double Bottom, Adam and Adam reversal pattern from 11/02/2023 to 11/10/2023
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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Teradata Corp (TDC)
Industry: Computer Software and Svcs
Industry RS rank: 1 out of 60
Stock RS rank: 295 out of 623
11/16/23 close: $46.62
1 Month avg volatility: $0.99. Volatility stop (for upward breakout): $44.15 or 5.3% below the close.
Change YTD: 38.50%
Volume: 947,100 shares. 3 month avg: 1,378,918 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 09/20/2023 to 11/07/2023
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price hits measure rule target 59% of the time.

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The Trade Desk (TTD)
Industry: Advertising
Industry RS rank: 52 out of 60
Stock RS rank: 343 out of 623
11/16/23 close: $66.30
1 Month avg volatility: $2.97. Volatility stop (for downward breakout): $73.97 or 11.6% above the close.
Change YTD: 47.89%
Volume: 4,561,100 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: Dead-cat bounce continuation pattern from 11/10/2023 to 11/10/2023
Breakout is downward 67% of the time.
Average decline: 18%.

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Thermo Electron Corp (TMO)
Industry: Precision Instrument
Industry RS rank: 48 out of 60
Stock RS rank: 483 out of 623
11/16/23 close: $472.47
1 Month avg volatility: $11.30. Volatility stop (for upward breakout): $446.12 or 5.6% below the close.
Change YTD: -14.20%
Volume: 1,602,000 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 Friday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Timken Co., The (TKR)
Industry: Metal Fabricating
Industry RS rank: 55 out of 60
Stock RS rank: 382 out of 623
11/16/23 close: $73.46
1 Month avg volatility: $1.56. Volatility stop (for upward breakout): $69.75 or 5.1% below the close.
Change YTD: 3.95%
Volume: 432,400 shares. 3 month avg: 853,643 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: Ugly double bottom reversal pattern from 11/01/2023 to 11/13/2023
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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Tractor Supply Co (TSCO)
Industry: Retail Building Supply
Industry RS rank: 24 out of 60
Stock RS rank: 486 out of 623
11/16/23 close: $203.06
1 Month avg volatility: $5.04. Volatility stop (for upward breakout): $191.69 or 5.6% below the close.
Change YTD: -9.74%
Volume: 1,094,400 shares. 3 month avg: 2,128,008 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Travelers Companies Inc, The (TRV)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 28 out of 60
Stock RS rank: 432 out of 623
11/16/23 close: $171.69
1 Month avg volatility: $3.40. Volatility stop (for upward breakout): $162.37 or 5.4% below the close.
Change YTD: -8.43%
Volume: 1,259,400 shares. 3 month avg: 1,525,757 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 10/24/2023 to 11/15/2023
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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Vulcan Materials (VMC)
Industry: Cement and Aggregates
Industry RS rank: 18 out of 60
Stock RS rank: 227 out of 623
11/16/23 close: $212.27
1 Month avg volatility: $4.56. Volatility stop (for upward breakout): $200.92 or 5.4% below the close.
Change YTD: 21.22%
Volume: 803,200 shares. 3 month avg: 819,125 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Waters Corp (WAT)
Industry: Precision Instrument
Industry RS rank: 48 out of 60
Stock RS rank: 332 out of 623
11/16/23 close: $266.20
1 Month avg volatility: $8.24. Volatility stop (for upward breakout): $249.51 or 6.3% below the close.
Change YTD: -22.30%
Volume: 450,000 shares. 3 month avg: 398,726 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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Werner Enterprises, Inc (WERN)
Industry: Trucking/Transp. Leasing
Industry RS rank: 10 out of 60
Stock RS rank: 518 out of 623
11/16/23 close: $38.50
1 Month avg volatility: $1.04. Volatility stop (for upward breakout): $35.92 or 6.7% below the close.
Change YTD: -4.37%
Volume: 611,100 shares. 3 month avg: 887,242 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 wedge, descending reversal pattern from 09/20/2023 to 11/15/2023
Breakout is upward 79% of the time.
Average rise: 33%.
Break-even failure rate: 6%.
Throwbacks occur 53% of the time.
Price hits measure rule target 79% of the time.

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Western Union Co (WU)
Industry: Financial Services
Industry RS rank: 37 out of 60
Stock RS rank: 391 out of 623
11/16/23 close: $12.00
1 Month avg volatility: $0.33. Volatility stop (for upward breakout): $11.26 or 6.2% below the close.
Change YTD: -12.85%
Volume: 3,570,100 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: Ugly double bottom reversal pattern from 10/30/2023 to 11/10/2023
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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Williams-Sonoma Inc. (WSM)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 7 out of 60
Stock RS rank: 17 out of 623
11/16/23 close: $171.45
1 Month avg volatility: $4.21. Volatility stop (for upward breakout): $152.55 or 11.0% below the close.
Change YTD: 49.19%
Volume: 2,404,700 shares. 3 month avg: 1,925,938 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: Double Bottom, Adam and Adam reversal pattern from 10/26/2023 to 11/10/2023
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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Wolfspeed (WOLF)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 2 out of 60
Stock RS rank: 543 out of 623
11/16/23 close: $34.87
1 Month avg volatility: $2.02. Volatility stop (for upward breakout): $29.76 or 14.6% below the close.
Change YTD: -49.49%
Volume: 3,700,200 shares. 3 month avg: 2,005,123 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Head-and-shoulders bottom reversal pattern from 10/09/2023 to 11/10/2023
WARNING: A dead-cat bounce occurred on 08/17/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 02/15/2024.
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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Wolverine World Wide (WWW)
Industry: Shoe
Industry RS rank: 16 out of 60
Stock RS rank: 613 out of 623
11/16/23 close: $8.35
1 Month avg volatility: $0.45. Volatility stop (for upward breakout): $7.08 or 15.2% below the close.
Change YTD: -23.60%
Volume: 1,026,500 shares. 3 month avg: 772,149 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: Pipe bottom reversal pattern from 10/09/2023 to 10/16/2023
WARNING: A dead-cat bounce occurred on 08/10/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 02/08/2024.
Breakout is upward 100% of the time.
Average rise: 45%.
Break-even failure rate: 5%.
Throwbacks occur 44% of the time.
Price hits measure rule target 83% of the time.

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iShares PHLX SOX Semiconductor Sector (SOXX)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 2 out of 60
Stock RS rank: 110 out of 623
11/16/23 close: $512.01
1 Month avg volatility: $9.66. Volatility stop (for upward breakout): $488.56 or 4.6% below the close.
Change YTD: 47.14%
Volume: 745,900 shares. 3 month avg: 570,480 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Pipe bottom reversal pattern from 10/23/2023 to 10/30/2023
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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iShares US Medical devices index fund (IHI)
Industry: Medical Supplies
Industry RS rank: 59 out of 60
Stock RS rank: 498 out of 623
11/16/23 close: $48.84
1 Month avg volatility: $0.77. Volatility stop (for upward breakout): $46.66 or 4.5% below the close.
Change YTD: -7.10%
Volume: 2,663,500 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: Head-and-shoulders bottom reversal pattern from 10/13/2023 to 11/10/2023
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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SPDR Technology Select Sector (XLK)
Industry: IT Services
Industry RS rank: 5 out of 60
Stock RS rank: 112 out of 623
11/16/23 close: $183.18
1 Month avg volatility: $2.51. Volatility stop (for upward breakout): $176.55 or 3.6% below the close.
Change YTD: 47.20%
Volume: 5,772,500 shares. 3 month avg: 9,531,718 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: Double Bottom, Eve and Adam reversal pattern from 09/27/2023 to 10/26/2023
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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