As of 05/10/2024
Indus: 39,513 +125.08 +0.3%
Trans: 15,597 +84.96 +0.5%
Utils: 942 -0.84 -0.1%
Nasdaq: 16,341 -5.39 0.0%
S&P 500: 5,223 +8.60 +0.2%
|
YTD
+4.8%
-1.9%
+6.9%
+8.9%
+9.5%
|
 39,950 or 38,500 by 06/01/202415,820 or 14,600 by 05/15/2024960 or 900 by 06/01/202416,700 or 15,200 by 05/15/20245,250 or 4,850 by 05/15/2024 |
As of 05/10/2024
Indus: 39,513 +125.08 +0.3%
Trans: 15,597 +84.96 +0.5%
Utils: 942 -0.84 -0.1%
Nasdaq: 16,341 -5.39 0.0%
S&P 500: 5,223 +8.60 +0.2%
|
YTD
+4.8%
-1.9%
+6.9%
+8.9%
+9.5%
| |
|
39,950 or 38,500 by 06/01/202415,820 or 14,600 by 05/15/2024960 or 900 by 06/01/202416,700 or 15,200 by 05/15/20245,250 or 4,850 by 05/15/2024 | ||
Copyright © 2024 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.
Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.
Industry: IT ServicesIndustry RS rank: 10 out of 60Stock RS rank: 90 out of 6232/22/24 close: $30.561 Month avg volatility: $0.74. Volatility stop (for downward breakout): $32.06 or 4.9% above the close.Change YTD: -0.13%Volume: 683,400 shares. 3 month avg: 679,420 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Broadening top reversal pattern from 12/15/2023 to 02/15/2024Breakout 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.
Industry: Air TransportIndustry RS rank: 56 out of 60Stock RS rank: 569 out of 6232/22/24 close: $78.661 Month avg volatility: $2.98. Volatility stop (for upward breakout): $72.54 or 7.8% below the close.Change YTD: -4.78%Volume: 267,300 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, ascending reversal pattern from 01/08/2024 to 02/22/2024Breakout is upward 70% of the time.Average rise: 35%.Break-even failure rate: 13%.Throwbacks occur 57% of the time.Price hits measure rule target 75% of the time.
Industry: IT ServicesIndustry RS rank: 10 out of 60Stock RS rank: 363 out of 6232/22/24 close: $91.041 Month avg volatility: $1.25. Volatility stop (for downward breakout): $94.57 or 3.9% above the close.Change YTD: 3.58%Volume: 1,053,700 shares. 3 month avg: 895,243 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Adam and Adam reversal pattern from 01/22/2024 to 02/07/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Medical ServicesIndustry RS rank: 46 out of 60Stock RS rank: 401 out of 6232/22/24 close: $94.501 Month avg volatility: $0.91. Volatility stop (for upward breakout): $91.24 or 3.5% below the close.Change YTD: -0.59%Volume: 445,300 shares. 3 month avg: 412,928 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Triangle, symmetrical continuation pattern from 02/06/2024 to 02/21/2024Breakout 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.
Industry: Human ResourcesIndustry RS rank: 50 out of 60Stock RS rank: 607 out of 6232/22/24 close: $57.161 Month avg volatility: $3.14. Volatility stop (for downward breakout): $65.09 or 13.9% above the close.Change YTD: -23.66%Volume: 1,321,800 shares. 3 month avg: 286,222 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.Chart pattern: Dead-cat bounce continuation pattern from 02/16/2024 to 02/16/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Natural Gas (Diversified)Industry RS rank: 51 out of 60Stock RS rank: 438 out of 6232/22/24 close: $25.691 Month avg volatility: $0.82. Volatility stop (for downward breakout): $27.66 or 7.7% above the close.Change YTD: 13.27%Volume: 6,550,600 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 top reversal pattern from 12/27/2023 to 01/30/2024Breakout 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.
Industry: Electric Utility (West)Industry RS rank: 53 out of 60Stock RS rank: 360 out of 6232/22/24 close: $33.991 Month avg volatility: $0.71. Volatility stop (for upward breakout): $31.89 or 6.2% below the close.Change YTD: -4.90%Volume: 690,700 shares. 3 month avg: 396,820 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Pipe bottom reversal pattern from 02/05/2024 to 02/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Insurance (Prop/Casualty)Industry RS rank: 17 out of 60Stock RS rank: 241 out of 6232/22/24 close: $44.281 Month avg volatility: $0.83. Volatility stop (for downward breakout): $45.98 or 3.8% above the close.Change YTD: 4.66%Volume: 140,000 shares. 3 month avg: 204,923 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe top reversal pattern from 02/05/2024 to 02/12/2024Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Food ProcessingIndustry RS rank: 57 out of 60Stock RS rank: 480 out of 6232/22/24 close: $28.281 Month avg volatility: $0.62. Volatility stop (for downward breakout): $29.55 or 4.5% above the close.Change YTD: -1.33%Volume: 3,287,100 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: Triple top reversal pattern from 01/04/2024 to 02/02/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 10%.Pullbacks occur 61% of the time.Price hits measure rule target 40% of the time.
Industry: Retail (Special Lines)WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 8 out of 60Stock RS rank: 388 out of 6232/22/24 close: $4.101 Month avg volatility: $0.27. Volatility stop (for upward breakout): $3.51 or 14.5% below the close.Change YTD: -7.66%Volume: 100,400 shares. 3 month avg: 567,568 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: Broadening top, right-angled and descending continuation pattern from 01/08/2024 to 02/22/2024Breakout is upward 51% of the time.Average rise: 28%.Break-even failure rate: 19%.Throwbacks occur 52% of the time.Price hits measure rule target 63% of the time.
Industry: Financial ServicesIndustry RS rank: 19 out of 60Stock RS rank: 53 out of 6232/22/24 close: $120.061 Month avg volatility: $2.38. Volatility stop (for upward breakout): $115.25 or 4.0% below the close.Change YTD: 6.81%Volume: 4,335,500 shares. 3 month avg: 2,443,809 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 01/16/2024 to 01/22/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Electric Utility (East)Industry RS rank: 52 out of 60Stock RS rank: 483 out of 6232/22/24 close: $45.601 Month avg volatility: $1.00. Volatility stop (for upward breakout): $42.87 or 6.0% below the close.Change YTD: -2.98%Volume: 7,655,900 shares. 3 month avg: 2,249,422 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 02/05/2024 to 02/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Electric Utility (Central)Industry RS rank: 55 out of 60Stock RS rank: 396 out of 6232/22/24 close: $107.021 Month avg volatility: $2.03. Volatility stop (for upward breakout): $102.73 or 4.0% below the close.Change YTD: -2.94%Volume: 1,432,700 shares. 3 month avg: 979,609 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, Eve and Eve reversal pattern from 01/24/2024 to 02/08/2024Breakout 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.
Industry: Metal FabricatingIndustry RS rank: 47 out of 60Stock RS rank: 599 out of 6232/22/24 close: $17.441 Month avg volatility: $0.74. Volatility stop (for upward breakout): $15.35 or 12.0% below the close.Change YTD: -7.33%Volume: 367,500 shares. 3 month avg: 60,208 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe bottom reversal pattern from 01/08/2024 to 01/16/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: InternetWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 13 out of 60Stock RS rank: 413 out of 6232/22/24 close: $44.281 Month avg volatility: $1.01. Volatility stop (for upward breakout): $41.23 or 6.9% below the close.Change YTD: 1.51%Volume: 7,540,900 shares. 3 month avg: 8,868,903 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.Chart pattern: Triple bottom reversal pattern from 01/16/2024 to 02/13/2024Breakout 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.
Industry: Electric Utility (West)Industry RS rank: 53 out of 60Stock RS rank: 475 out of 6232/22/24 close: $67.421 Month avg volatility: $1.28. Volatility stop (for upward breakout): $64.50 or 4.3% below the close.Change YTD: -5.69%Volume: 4,508,300 shares. 3 month avg: 2,498,883 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 02/05/2024 to 02/12/2024Breakout is upward 100% of the time.Average rise: 45%.Break-even failure rate: 5%.Throwbacks occur 44% of the time.Price hits measure rule target 83% of the time.
Industry: Metals and Mining (Div.)Industry RS rank: 39 out of 60Stock RS rank: 72 out of 6232/22/24 close: $216.591 Month avg volatility: $7.45. Volatility stop (for downward breakout): $237.55 or 9.7% above the close.Change YTD: 1.40%Volume: 158,000 shares. 3 month avg: 88,880 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe top reversal pattern from 02/05/2024 to 02/12/2024Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Precision InstrumentIndustry RS rank: 34 out of 60Stock RS rank: 122 out of 6232/22/24 close: $21.361 Month avg volatility: $0.74. Volatility stop (for downward breakout): $22.99 or 7.6% above the close.Change YTD: -5.19%Volume: 151,400 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Eve and Adam reversal pattern from 01/30/2024 to 02/12/2024Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 20 out of 60Stock RS rank: 550 out of 6232/22/24 close: $61.521 Month avg volatility: $2.38. Volatility stop (for downward breakout): $70.47 or 14.5% above the close.Change YTD: -21.82%Volume: 6,608,400 shares.Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Eve and Adam reversal pattern from 01/22/2024 to 02/12/2024Breakout is downward 100% of the time.Average decline: 15%.Break-even failure rate: 13%.Pullbacks occur 64% of the time.Price hits measure rule target 72% of the time.
Industry: Insurance (Life)Industry RS rank: 16 out of 60Stock RS rank: 224 out of 6232/22/24 close: $127.361 Month avg volatility: $1.87. Volatility stop (for upward breakout): $122.57 or 3.8% below the close.Change YTD: 4.63%Volume: 535,100 shares. 3 month avg: 643,200 shares.Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Friday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 01/09/2024 to 02/01/2024Breakout 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.
Industry: Chemical (Specialty)Industry RS rank: 15 out of 60Stock RS rank: 466 out of 6232/22/24 close: $26.181 Month avg volatility: $0.60. Volatility stop (for upward breakout): $23.35 or 10.8% below the close.Change YTD: 4.18%Volume: 5,966,700 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Bottom, Eve and Adam reversal pattern from 01/17/2024 to 02/13/2024Breakout 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.
Industry: Metal FabricatingIndustry RS rank: 47 out of 60Stock RS rank: 312 out of 6232/22/24 close: $258.671 Month avg volatility: $3.58. Volatility stop (for upward breakout): $249.99 or 3.4% below the close.Change YTD: -1.25%Volume: 1,383,700 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: Double Bottom, Adam and Adam reversal pattern from 02/01/2024 to 02/13/2024Breakout 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.
Industry: ElectronicsIndustry RS rank: 42 out of 60Stock RS rank: 172 out of 6232/22/24 close: $100.181 Month avg volatility: $2.59. Volatility stop (for downward breakout): $105.77 or 5.6% above the close.Change YTD: 1.11%Volume: 298,600 shares. 3 month avg: 128,783 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Double Top, Adam and Eve reversal pattern from 01/22/2024 to 02/13/2024Breakout is downward 100% of the time.Average decline: 18%.Break-even failure rate: 14%.Pullbacks occur 59% of the time.Price hits measure rule target 69% of the time.
Industry: BiotechnologyIndustry RS rank: 33 out of 60Stock RS rank: 513 out of 6232/22/24 close: $128.451 Month avg volatility: $3.08. Volatility stop (for upward breakout): $119.94 or 6.6% below the close.Change YTD: 4.43%Volume: 343,400 shares. 3 month avg: 454,337 shares.Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Wednesday.Chart pattern: Triple bottom reversal pattern from 02/02/2024 to 02/14/2024Breakout 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.
Industry: Food ProcessingIndustry RS rank: 57 out of 60Stock RS rank: 504 out of 6232/22/24 close: $56.981 Month avg volatility: $1.14. Volatility stop (for upward breakout): $53.20 or 6.6% below the close.Change YTD: 1.91%Volume: 4,296,400 shares. 3 month avg: 3,593,774 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 Eve reversal pattern from 01/22/2024 to 02/09/2024Breakout 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.
Industry: Petroleum (Producing)Industry RS rank: 44 out of 60Stock RS rank: 428 out of 6232/22/24 close: $60.691 Month avg volatility: $1.73. Volatility stop (for upward breakout): $55.86 or 8.0% below the close.Change YTD: 6.74%Volume: 1,954,400 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: Triple bottom reversal pattern from 12/12/2023 to 02/05/2024Breakout 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.
Industry: BiotechnologyIndustry RS rank: 33 out of 60Stock RS rank: 108 out of 6232/22/24 close: $23.101 Month avg volatility: $0.91. Volatility stop (for upward breakout): $21.01 or 9.0% below the close.Change YTD: 20.69%Volume: 361,100 shares. 3 month avg: 906,888 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, Adam and Adam reversal pattern from 02/05/2024 to 02/13/2024Breakout 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.
Industry: Building MaterialsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 7 out of 60Stock RS rank: 524 out of 6232/22/24 close: $28.971 Month avg volatility: $0.78. Volatility stop (for downward breakout): $30.72 or 6.0% above the close.Change YTD: -4.26%Volume: 34,100 shares. 3 month avg: 31,645 shares.This security may be thinly traded (less than 100k shares)!Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Friday.Chart pattern: Double Top, Adam and Adam reversal pattern from 01/31/2024 to 02/12/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Petroleum (Producing)Industry RS rank: 44 out of 60Stock RS rank: 454 out of 6232/22/24 close: $60.531 Month avg volatility: $1.12. Volatility stop (for upward breakout): $57.59 or 4.9% below the close.Change YTD: 1.37%Volume: 9,263,200 shares. 3 month avg: 12,583,708 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 Adam reversal pattern from 01/18/2024 to 02/05/2024Breakout 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.
Industry: ApparelIndustry RS rank: 1 out of 60Stock RS rank: 463 out of 6232/22/24 close: $99.521 Month avg volatility: $2.33. Volatility stop (for upward breakout): $94.30 or 5.2% below the close.Change YTD: -0.48%Volume: 147,200 shares. 3 month avg: 112,505 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 Eve reversal pattern from 01/16/2024 to 02/05/2024Breakout 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.
Industry: Computer Software and SvcsIndustry RS rank: 20 out of 60Stock RS rank: 238 out of 6232/22/24 close: $267.821 Month avg volatility: $9.66. Volatility stop (for downward breakout): $296.14 or 10.6% above the close.Change YTD: -9.18%Volume: 19,235,700 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: Dead-cat bounce continuation pattern from 02/21/2024 to 02/21/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Electric Utility (East)Industry RS rank: 52 out of 60Stock RS rank: 324 out of 6232/22/24 close: $26.851 Month avg volatility: $0.42. Volatility stop (for upward breakout): $25.66 or 4.5% below the close.Change YTD: -0.92%Volume: 5,369,200 shares. 3 month avg: 4,479,998 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, Eve and Eve reversal pattern from 01/24/2024 to 02/08/2024Breakout 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.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 45 out of 60Stock RS rank: 303 out of 6232/22/24 close: $41.191 Month avg volatility: $1.16. Volatility stop (for downward breakout): $43.68 or 6.1% above the close.Change YTD: 15.51%Volume: 3,562,200 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: Pipe top reversal pattern from 02/05/2024 to 02/12/2024Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Computer Software and SvcsIndustry RS rank: 20 out of 60Stock RS rank: 336 out of 6232/22/24 close: $30.221 Month avg volatility: $1.32. Volatility stop (for downward breakout): $34.79 or 15.1% above the close.Change YTD: -10.99%Volume: 2,986,500 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: Head-and-shoulders top reversal pattern from 12/28/2023 to 02/12/2024Breakout 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.
Industry: Industrial ServicesIndustry RS rank: 24 out of 60Stock RS rank: 334 out of 6232/22/24 close: $41.831 Month avg volatility: $0.77. Volatility stop (for upward breakout): $39.76 or 5.0% below the close.Change YTD: -4.21%Volume: 4,728,800 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, ascending reversal pattern from 01/22/2024 to 02/14/2024Breakout is upward 70% of the time.Average rise: 35%.Break-even failure rate: 13%.Throwbacks occur 57% of the time.Price hits measure rule target 75% of the time.
Industry: Trucking/Transp. LeasingIndustry RS rank: 21 out of 60Stock RS rank: 205 out of 6232/22/24 close: $112.621 Month avg volatility: $2.87. Volatility stop (for downward breakout): $118.77 or 5.5% above the close.Change YTD: -2.12%Volume: 423,400 shares.Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Wednesday.Chart pattern: Double Top, Adam and Adam reversal pattern from 12/26/2023 to 02/12/2024Breakout is downward 100% of the time.Average decline: 19%.Break-even failure rate: 8%.Pullbacks occur 61% of the time.Price hits measure rule target 72% of the time.
Industry: Semiconductor Cap Equip.WARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 4 out of 60Stock RS rank: 581 out of 6232/22/24 close: $20.831 Month avg volatility: $0.83. Volatility stop (for upward breakout): $18.53 or 11.0% below the close.Change YTD: -4.93%Volume: 1,254,800 shares. 3 month avg: 510,991 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: Triangle, symmetrical continuation pattern from 01/17/2024 to 02/21/2024WARNING: A dead-cat bounce occurred on 10/19/2023. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 04/18/2024.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.
Industry: IT ServicesIndustry RS rank: 10 out of 60Stock RS rank: 54 out of 6232/22/24 close: $769.211 Month avg volatility: $17.89. Volatility stop (for downward breakout): $827.64 or 7.6% above the close.Change YTD: 8.88%Volume: 2,136,900 shares. 3 month avg: 1,411,754 shares.Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.Chart pattern: Pipe top reversal pattern from 02/05/2024 to 02/12/2024Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: E-CommerceIndustry RS rank: 9 out of 60Stock RS rank: 79 out of 6232/22/24 close: $75.031 Month avg volatility: $3.22. Volatility stop (for downward breakout): $85.28 or 13.7% above the close.Change YTD: -3.68%Volume: 11,172,500 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 top reversal pattern from 02/05/2024 to 02/12/2024Breakout is downward 100% of the time.Average decline: 20%.Break-even failure rate: 11%.Pullbacks occur 41% of the time.Price hits measure rule target 70% of the time.
Industry: Natural Gas (Distributor)Industry RS rank: 54 out of 60Stock RS rank: 457 out of 6232/22/24 close: $62.551 Month avg volatility: $1.39. Volatility stop (for upward breakout): $58.10 or 7.1% below the close.Change YTD: -1.26%Volume: 2,265,800 shares. 3 month avg: 213,628 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, Adam and Adam reversal pattern from 02/08/2024 to 02/14/2024Breakout 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.
Industry: Natural Gas (Diversified)Industry RS rank: 51 out of 60Stock RS rank: 306 out of 6232/22/24 close: $7.021 Month avg volatility: $0.17. Volatility stop (for upward breakout): $6.59 or 6.2% below the close.Change YTD: 7.18%Volume: 15,827,400 shares. 3 month avg: 16,683,949 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: Triple bottom reversal pattern from 01/23/2024 to 02/14/2024Breakout 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.
Industry: Healthcare InformationIndustry RS rank: 38 out of 60Stock RS rank: 606 out of 6232/22/24 close: $15.211 Month avg volatility: $0.83. Volatility stop (for downward breakout): $17.38 or 14.3% above the close.Change YTD: -29.42%Volume: 11,160,800 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: Dead-cat bounce continuation pattern from 02/21/2024 to 02/21/2024Breakout is downward 67% of the time.Average decline: 18%.
Industry: Computers and PeripheralsWARNING: This industry is within the top 7 that Dead-cat bounce often.Industry RS rank: 45 out of 60Stock RS rank: 109 out of 6232/22/24 close: $4.991 Month avg volatility: $0.46. Volatility stop (for downward breakout): $6.21 or 24.5% above the close.Change YTD: -11.21%Volume: 2,247,400 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: Dead-cat bounce continuation pattern from 02/21/2024 to 02/21/2024Breakout is downward 67% of the time.Average decline: 18%.
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