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.
 
3M Company (MMM)
Industry: Diversified Co.
Industry RS rank: 35 out of 60
Stock RS rank: 311 out of 623
12/7/23 close: $103.28
1 Month avg volatility: $1.58. Volatility stop (for upward breakout): $99.24 or 3.9% below the close.
Change YTD: -13.88%
Volume: 2,345,300 shares. 3 month avg: 3,021,471 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 10/23/2023 to 11/21/2023
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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Abbott Laboratories (ABT)
Industry: Medical Supplies
Industry RS rank: 58 out of 60
Stock RS rank: 308 out of 623
12/7/23 close: $104.05
1 Month avg volatility: $1.54. Volatility stop (for upward breakout): $100.88 or 3.0% below the close.
Change YTD: -5.23%
Volume: 5,179,500 shares. 3 month avg: 6,008,617 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: Triangle, symmetrical continuation pattern from 10/10/2023 to 11/10/2023
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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Alcoa (AA)
Industry: Aerospace/Defense
Industry RS rank: 26 out of 60
Stock RS rank: 600 out of 623
12/7/23 close: $24.94
1 Month avg volatility: $0.89. Volatility stop (for upward breakout): $22.49 or 9.8% below the close.
Change YTD: -45.15%
Volume: 6,763,800 shares. 3 month avg: 8,355,648 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 11/10/2023
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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Alkermes (ALKS)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 16 out of 60
Stock RS rank: 548 out of 623
12/7/23 close: $26.16
1 Month avg volatility: $0.77. Volatility stop (for upward breakout): $24.52 or 6.3% below the close.
Change YTD: 0.11%
Volume: 2,465,900 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: Horn bottom reversal pattern from 11/13/2023 to 11/27/2023
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

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Allegiant Travel Company (ALGT)
Industry: Air Transport
Industry RS rank: 39 out of 60
Stock RS rank: 602 out of 623
12/7/23 close: $75.49
1 Month avg volatility: $2.97. Volatility stop (for upward breakout): $67.01 or 11.2% below the close.
Change YTD: 11.03%
Volume: 247,500 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 11/06/2023 to 11/13/2023
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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American Eagle Outfitters Inc. (AEO)
Industry: Apparel
Industry RS rank: 11 out of 60
Stock RS rank: 7 out of 623
12/7/23 close: $20.16
1 Month avg volatility: $0.65. Volatility stop (for upward breakout): $18.44 or 8.6% below the close.
Change YTD: 44.41%
Volume: 3,276,600 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: Pipe bottom reversal pattern from 11/20/2023 to 11/27/2023
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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American Woodmark Corp (AMWD)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 9 out of 60
Stock RS rank: 57 out of 623
12/7/23 close: $85.79
1 Month avg volatility: $2.12. Volatility stop (for upward breakout): $79.26 or 7.6% below the close.
Change YTD: 75.58%
Volume: 120,600 shares. 3 month avg: 141,992 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Ugly double bottom reversal pattern from 10/27/2023 to 11/30/2023
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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Apple Inc. (AAPL)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 43 out of 60
Stock RS rank: 203 out of 623
12/7/23 close: $194.27
1 Month avg volatility: $2.26. Volatility stop (for upward breakout): $189.08 or 2.7% below the close.
Change YTD: 49.52%
Volume: 47,338,800 shares. 3 month avg: 27,687,312 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: Ugly double bottom reversal pattern from 10/26/2023 to 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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Arch Capital Group Ltd (ACGL)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 24 out of 60
Stock RS rank: 189 out of 623
12/7/23 close: $78.34
1 Month avg volatility: $1.76. Volatility stop (for downward breakout): $83.95 or 7.2% above the close.
Change YTD: 24.78%
Volume: 2,283,700 shares. 3 month avg: 517,168 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: Head-and-shoulders top reversal pattern from 10/18/2023 to 11/27/2023
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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Baxter International, Inc. (BAX)
Industry: Medical Supplies
Industry RS rank: 58 out of 60
Stock RS rank: 530 out of 623
12/7/23 close: $36.53
1 Month avg volatility: $0.65. Volatility stop (for downward breakout): $37.89 or 3.7% above the close.
Change YTD: -28.33%
Volume: 3,970,100 shares. 3 month avg: 2,457,589 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: Diamond top reversal pattern from 11/28/2023 to 12/07/2023
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price hits measure rule target 76% of the time.

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Best Buy Co. (BBY)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 60
Stock RS rank: 386 out of 623
12/7/23 close: $74.56
1 Month avg volatility: $1.81. Volatility stop (for upward breakout): $70.73 or 5.1% below the close.
Change YTD: -7.04%
Volume: 2,824,400 shares. 3 month avg: 4,325,955 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, Adam and Adam reversal pattern from 11/10/2023 to 11/21/2023
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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Big Lots Inc. (BIG)
Industry: Retail Store
Industry RS rank: 17 out of 60
Stock RS rank: 560 out of 623
12/7/23 close: $6.26
1 Month avg volatility: $0.45. Volatility stop (for upward breakout): $4.80 or 23.4% below the close.
Change YTD: -57.41%
Volume: 2,052,900 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: Ugly double bottom reversal pattern from 11/10/2023 to 11/21/2023
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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Booking Holdings (BKNG)
Industry: Internet
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 7 out of 60
Stock RS rank: 74 out of 623
12/7/23 close: $3,238.27
1 Month avg volatility: $53.71. Volatility stop (for upward breakout): $3,069.74 or 5.2% below the close.
Change YTD: 60.69%
Volume: 273,400 shares. 3 month avg: 441,478 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 10/26/2023 to 11/30/2023
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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Boot Barn Holdings Inc (BOOT)
Industry: Shoe
Industry RS rank: 4 out of 60
Stock RS rank: 340 out of 623
12/7/23 close: $74.43
1 Month avg volatility: $2.59. Volatility stop (for upward breakout): $67.91 or 8.8% below the close.
Change YTD: 19.05%
Volume: 682,500 shares. 3 month avg: 434,749 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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Bread Financial Holdings (BFH)
Industry: Information Services
Industry RS rank: 23 out of 60
Stock RS rank: 449 out of 623
12/7/23 close: $30.92
1 Month avg volatility: $1.04. Volatility stop (for upward breakout): $27.39 or 11.4% below the close.
Change YTD: -17.90%
Volume: 1,145,700 shares. 3 month avg: 943,408 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 11/01/2023 to 11/16/2023
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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Bunge Ltd (BG)
Industry: Food Processing
Industry RS rank: 59 out of 60
Stock RS rank: 179 out of 623
12/7/23 close: $104.10
1 Month avg volatility: $1.92. Volatility stop (for upward breakout): $98.96 or 4.9% below the close.
Change YTD: 4.34%
Volume: 1,191,000 shares. 3 month avg: 1,268,517 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 Adam reversal pattern from 10/12/2023 to 10/24/2023
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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Cal-Maine Foods Inc (CALM)
Industry: Food Processing
Industry RS rank: 59 out of 60
Stock RS rank: 240 out of 623
12/7/23 close: $50.97
1 Month avg volatility: $1.28. Volatility stop (for upward breakout): $47.01 or 7.8% below the close.
Change YTD: -6.39%
Volume: 469,100 shares. 3 month avg: 322,132 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 11/20/2023 to 11/27/2023
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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Campbell Soup Co (CPB)
Industry: Food Processing
Industry RS rank: 59 out of 60
Stock RS rank: 456 out of 623
12/7/23 close: $43.44
1 Month avg volatility: $0.70. Volatility stop (for downward breakout): $45.39 or 4.5% above the close.
Change YTD: -23.45%
Volume: 4,717,400 shares. 3 month avg: 2,769,580 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: Head-and-shoulders top reversal pattern from 10/26/2023 to 11/17/2023
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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Columbus McKinnon (CMCO)
Industry: Machinery
Industry RS rank: 30 out of 60
Stock RS rank: 529 out of 623
12/7/23 close: $36.16
1 Month avg volatility: $0.86. Volatility stop (for upward breakout): $33.91 or 6.2% below the close.
Change YTD: 11.36%
Volume: 112,800 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: Ugly double bottom reversal pattern from 10/31/2023 to 11/22/2023
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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CRH plc (CRH)
Industry: Cement and Aggregates
Industry RS rank: 21 out of 60
Stock RS rank: 40 out of 623
12/7/23 close: $63.99
1 Month avg volatility: $1.18. Volatility stop (for upward breakout): $60.44 or 5.6% below the close.
Change YTD: 60.82%
Volume: 2,535,500 shares. 3 month avg: 546,094 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 11/20/2023
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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Emerson Electric (EMR)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 43 out of 60
Stock RS rank: 256 out of 623
12/7/23 close: $88.72
1 Month avg volatility: $1.25. Volatility stop (for upward breakout): $85.21 or 4.0% below the close.
Change YTD: -7.64%
Volume: 3,565,000 shares. 3 month avg: 3,118,612 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 11/07/2023 to 11/28/2023
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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Expeditors International of Washington (EXPD)
Industry: Air Transport
Industry RS rank: 39 out of 60
Stock RS rank: 300 out of 623
12/7/23 close: $120.10
1 Month avg volatility: $2.30. Volatility stop (for upward breakout): $115.27 or 4.0% below the close.
Change YTD: 15.57%
Volume: 1,230,800 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: Ugly double bottom reversal pattern from 11/07/2023 to 11/27/2023
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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Fortive Corp (FTV)
Industry: Industrial Services
Industry RS rank: 13 out of 60
Stock RS rank: 352 out of 623
12/7/23 close: $69.06
1 Month avg volatility: $0.88. Volatility stop (for upward breakout): $67.09 or 2.9% below the close.
Change YTD: 7.49%
Volume: 1,100,800 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: Ugly double bottom reversal pattern from 10/25/2023 to 11/27/2023
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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Freeport-McMoRan Copper and Gold B (FCX)
Industry: Metals and Mining (Div.)
Industry RS rank: 45 out of 60
Stock RS rank: 416 out of 623
12/7/23 close: $36.37
1 Month avg volatility: $0.89. Volatility stop (for upward breakout): $34.26 or 5.8% below the close.
Change YTD: -4.29%
Volume: 10,687,100 shares. 3 month avg: 11,955,349 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Triple bottom reversal pattern from 10/23/2023 to 11/10/2023
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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GameStop Corp (GME)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 60
Stock RS rank: 608 out of 623
12/7/23 close: $16.36
1 Month avg volatility: $1.08. Volatility stop (for upward breakout): $11.39 or 30.4% below the close.
Change YTD: -11.38%
Volume: 19,390,700 shares. 3 month avg: 3,063,175 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: Horn bottom reversal pattern from 11/13/2023 to 11/27/2023
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 9%.
Throwbacks occur 29% of the time.
Price hits measure rule target 76% of the time.

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Global Payments Inc (GPN)
Industry: Computer Software and Svcs
Industry RS rank: 2 out of 60
Stock RS rank: 100 out of 623
12/7/23 close: $119.87
1 Month avg volatility: $2.08. Volatility stop (for upward breakout): $113.61 or 5.2% below the close.
Change YTD: 20.69%
Volume: 1,596,100 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: 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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Heartland Express, Inc (HTLD)
Industry: Trucking/Transp. Leasing
Industry RS rank: 20 out of 60
Stock RS rank: 556 out of 623
12/7/23 close: $13.80
1 Month avg volatility: $0.30. Volatility stop (for upward breakout): $13.00 or 5.8% below the close.
Change YTD: -10.04%
Volume: 239,600 shares. 3 month avg: 472,148 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 11/01/2023 to 11/21/2023
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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Henry Schein Inc. (HSIC)
Industry: Medical Supplies
Industry RS rank: 58 out of 60
Stock RS rank: 438 out of 623
12/7/23 close: $71.54
1 Month avg volatility: $1.65. Volatility stop (for upward breakout): $66.87 or 6.5% below the close.
Change YTD: -10.43%
Volume: 1,494,400 shares. 3 month avg: 2,211,905 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 11/02/2023 to 11/30/2023
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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Hovnanian Enterprises Inc (HOV)
Industry: Homebuilding
Industry RS rank: 1 out of 60
Stock RS rank: 17 out of 623
12/7/23 close: $129.99
1 Month avg volatility: $4.88. Volatility stop (for upward breakout): $109.13 or 16.0% below the close.
Change YTD: 208.91%
Volume: 148,900 shares. 3 month avg: 1,539,280 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Flag, high and tight continuation pattern from 10/27/2023 to 12/07/2023
Breakout is upward 100% of the time.
Average rise: 69%.
Throwbacks occur 54% of the time.
Price hits measure rule target 90% of the time.

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Intrepid Potash Inc (IPI)
Industry: Chemical (Diversified)
Industry RS rank: 57 out of 60
Stock RS rank: 520 out of 623
12/7/23 close: $19.50
1 Month avg volatility: $0.76. Volatility stop (for upward breakout): $17.61 or 9.7% below the close.
Change YTD: -32.46%
Volume: 94,200 shares. 3 month avg: 1,190,495 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe bottom reversal pattern from 11/06/2023 to 11/13/2023
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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Johnson and Johnson (JNJ)
Industry: Medical Supplies
Industry RS rank: 58 out of 60
Stock RS rank: 391 out of 623
12/7/23 close: $155.40
1 Month avg volatility: $1.95. Volatility stop (for upward breakout): $150.82 or 3.0% below the close.
Change YTD: -12.03%
Volume: 6,444,000 shares. 3 month avg: 5,464,417 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 10/27/2023 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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Leggett and Platt (LEG)
Industry: Furn/Home Furnishings
Industry RS rank: 6 out of 60
Stock RS rank: 575 out of 623
12/7/23 close: $26.07
1 Month avg volatility: $0.55. Volatility stop (for upward breakout): $24.46 or 6.2% below the close.
Change YTD: -19.11%
Volume: 1,934,000 shares. 3 month avg: 1,259,645 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: Triple bottom reversal pattern from 11/01/2023 to 11/28/2023
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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Magnolia Oil and Gas Corp (MGY)
Industry: Petroleum (Producing)
Industry RS rank: 31 out of 60
Stock RS rank: 402 out of 623
12/7/23 close: $20.45
1 Month avg volatility: $0.57. Volatility stop (for downward breakout): $21.73 or 6.3% above the close.
Change YTD: -12.79%
Volume: 1,925,900 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 top reversal pattern from 09/06/2023 to 10/17/2023
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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National Fuel Gas (NFG)
Industry: Natural Gas (Diversified)
Industry RS rank: 42 out of 60
Stock RS rank: 445 out of 623
12/7/23 close: $50.64
1 Month avg volatility: $0.85. Volatility stop (for downward breakout): $52.78 or 4.2% above the close.
Change YTD: -20.00%
Volume: 372,100 shares. 3 month avg: 355,354 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Triangle, descending reversal pattern from 11/03/2023 to 12/07/2023
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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National Oilwell Varco (NOV)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 52 out of 60
Stock RS rank: 109 out of 623
12/7/23 close: $18.45
1 Month avg volatility: $0.57. Volatility stop (for downward breakout): $19.77 or 7.1% above the close.
Change YTD: -11.68%
Volume: 2,867,900 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: Triangle, descending reversal pattern from 10/18/2023 to 12/07/2023
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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New Jersey Resources Corp (NJR)
Industry: Natural Gas (Distributor)
Industry RS rank: 48 out of 60
Stock RS rank: 516 out of 623
12/7/23 close: $44.32
1 Month avg volatility: $0.72. Volatility stop (for upward breakout): $42.72 or 3.6% below the close.
Change YTD: -10.68%
Volume: 425,500 shares. 3 month avg: 514,131 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: Triangle, symmetrical continuation pattern from 10/18/2023 to 11/30/2023
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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Nordstrom Inc (JWN)
Industry: Retail Store
Industry RS rank: 17 out of 60
Stock RS rank: 569 out of 623
12/7/23 close: $15.95
1 Month avg volatility: $0.67. Volatility stop (for upward breakout): $13.77 or 13.7% below the close.
Change YTD: -1.18%
Volume: 5,108,800 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: Pipe bottom reversal pattern from 11/06/2023 to 11/13/2023
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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Novanta Inc (NOVT)
Industry: Precision Instrument
Industry RS rank: 40 out of 60
Stock RS rank: 512 out of 623
12/7/23 close: $151.46
1 Month avg volatility: $4.83. Volatility stop (for upward breakout): $140.69 or 7.1% below the close.
Change YTD: 11.47%
Volume: 120,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe bottom reversal pattern from 11/06/2023 to 11/13/2023
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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Omnicell, Inc (OMCL)
Industry: Healthcare Information
Industry RS rank: 55 out of 60
Stock RS rank: 621 out of 623
12/7/23 close: $35.15
1 Month avg volatility: $1.33. Volatility stop (for upward breakout): $30.51 or 13.2% below the close.
Change YTD: -30.29%
Volume: 463,100 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 11/06/2023 to 11/21/2023
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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Outfont Media (OUT)
Industry: Advertising
Industry RS rank: 51 out of 60
Stock RS rank: 570 out of 623
12/7/23 close: $12.44
1 Month avg volatility: $0.38. Volatility stop (for downward breakout): $13.57 or 9.1% above the close.
Change YTD: -24.97%
Volume: 1,708,600 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 top reversal pattern from 11/15/2023 to 12/06/2023
WARNING: A dead-cat bounce occurred on 08/04/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 02/02/2024.
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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Packaging Corp of America (PKG)
Industry: Packaging and Container
Industry RS rank: 22 out of 60
Stock RS rank: 66 out of 623
12/7/23 close: $164.32
1 Month avg volatility: $3.30. Volatility stop (for upward breakout): $156.16 or 5.0% below the close.
Change YTD: 28.47%
Volume: 785,200 shares. 3 month avg: 777,560 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 10/23/2023 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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Paypal Holdings, Inc (PYPL)
Industry: Financial Services
Industry RS rank: 29 out of 60
Stock RS rank: 487 out of 623
12/7/23 close: $58.48
1 Month avg volatility: $1.50. Volatility stop (for upward breakout): $55.11 or 5.8% below the close.
Change YTD: -17.89%
Volume: 17,377,100 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: Ugly double bottom reversal pattern from 10/27/2023 to 11/21/2023
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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Range Resources Corp (RRC)
Industry: Petroleum (Producing)
Industry RS rank: 31 out of 60
Stock RS rank: 309 out of 623
12/7/23 close: $29.41
1 Month avg volatility: $0.96. Volatility stop (for downward breakout): $31.89 or 8.4% above the close.
Change YTD: 17.55%
Volume: 2,499,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Pipe top reversal pattern from 10/30/2023 to 11/06/2023
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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Schwab, Charles Corporation (SCHW)
Industry: Securities Brokerage
Industry RS rank: 34 out of 60
Stock RS rank: 145 out of 623
12/7/23 close: $62.96
1 Month avg volatility: $1.31. Volatility stop (for upward breakout): $59.46 or 5.6% below the close.
Change YTD: -24.38%
Volume: 9,472,500 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: 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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SEI Investments Co (SEIC)
Industry: IT Services
Industry RS rank: 5 out of 60
Stock RS rank: 332 out of 623
12/7/23 close: $59.92
1 Month avg volatility: $0.75. Volatility stop (for upward breakout): $57.99 or 3.2% below the close.
Change YTD: 2.78%
Volume: 314,700 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: Ugly double bottom reversal pattern from 10/26/2023 to 11/28/2023
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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Service Corp International (SCI)
Industry: Industrial Services
Industry RS rank: 13 out of 60
Stock RS rank: 358 out of 623
12/7/23 close: $65.23
1 Month avg volatility: $1.03. Volatility stop (for upward breakout): $62.83 or 3.7% below the close.
Change YTD: -5.66%
Volume: 867,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Ugly double bottom reversal pattern from 11/01/2023 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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Silgan Holdings Inc (SLGN)
Industry: Packaging and Container
Industry RS rank: 22 out of 60
Stock RS rank: 480 out of 623
12/7/23 close: $42.84
1 Month avg volatility: $0.71. Volatility stop (for upward breakout): $40.90 or 4.5% below the close.
Change YTD: -17.36%
Volume: 236,500 shares. 3 month avg: 499,285 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: Head-and-shoulders bottom reversal pattern from 10/13/2023 to 11/13/2023
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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Stratasys Ltd (SSYS)
Industry: Electronics
Industry RS rank: 46 out of 60
Stock RS rank: 604 out of 623
12/7/23 close: $11.85
1 Month avg volatility: $0.48. Volatility stop (for upward breakout): $10.62 or 10.4% below the close.
Change YTD: -0.08%
Volume: 571,300 shares. 3 month avg: 835,520 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: Big W reversal pattern from 11/01/2023 to 11/17/2023
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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Tempur-pedic Intl (TPX)
Industry: Furn/Home Furnishings
Industry RS rank: 6 out of 60
Stock RS rank: 95 out of 623
12/7/23 close: $45.73
1 Month avg volatility: $1.08. Volatility stop (for upward breakout): $43.00 or 6.0% below the close.
Change YTD: 33.21%
Volume: 1,372,700 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: Ugly double bottom reversal pattern from 11/10/2023 to 11/28/2023
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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Teva Pharmaceutical Industries (TEVA)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 16 out of 60
Stock RS rank: 29 out of 623
12/7/23 close: $9.97
1 Month avg volatility: $0.30. Volatility stop (for upward breakout): $9.10 or 8.8% below the close.
Change YTD: 9.32%
Volume: 5,552,900 shares. 3 month avg: 26,334,894 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: 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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Veeco Instruments Inc (VECO)
Industry: Precision Instrument
Industry RS rank: 40 out of 60
Stock RS rank: 177 out of 623
12/7/23 close: $28.16
1 Month avg volatility: $0.75. Volatility stop (for downward breakout): $29.79 or 5.8% above the close.
Change YTD: 51.56%
Volume: 301,800 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 11/20/2023 to 11/27/2023
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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Westlake Chemical Corp (WLK)
Industry: Chemical (Basic)
Industry RS rank: 32 out of 60
Stock RS rank: 162 out of 623
12/7/23 close: $129.54
1 Month avg volatility: $2.48. Volatility stop (for upward breakout): $123.76 or 4.5% below the close.
Change YTD: 26.33%
Volume: 225,600 shares. 3 month avg: 812,517 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 10/25/2023 to 11/28/2023
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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WillScot Mobile Mini Holdings Corp (WSC)
Industry: Industrial Services
Industry RS rank: 13 out of 60
Stock RS rank: 538 out of 623
12/7/23 close: $40.22
1 Month avg volatility: $0.97. Volatility stop (for upward breakout): $38.12 or 5.2% below the close.
Change YTD: -10.96%
Volume: 873,000 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 11/02/2023 to 11/27/2023
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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Woodward Inc (WWD)
Industry: Precision Instrument
Industry RS rank: 40 out of 60
Stock RS rank: 93 out of 623
12/7/23 close: $133.53
1 Month avg volatility: $2.88. Volatility stop (for upward breakout): $126.82 or 5.0% below the close.
Change YTD: 38.22%
Volume: 601,200 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: Ugly double bottom reversal pattern from 10/27/2023 to 11/17/2023
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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