Site Breakout Report |
© 2003 BreakoutWatch.com
|
Introduction | |
The Breakout Report summarizes sustained breakouts over the prior 13 weeks. The first table indicates the number of sustained breakouts and the average percentage gain from the breakout date to the highest intraday price achieved since the breakout for this group of stocks. The summary pie chart indicates the percentage of stocks currently demonstrating strong follow through (>= 20% gain), follow through (>=5 to <20% gain), prices in a buyable range and above the pivot (>=0 to <5% gain), prices in a buyable range but below the pivot (<0 to >-8%) or failed (<= -8%). |
|
Column | Description |
B'Out Date |
Breakout Date. The date on which
the stock staged a Sustained Breakout, i.e., both Closing Price >=
Breakout Price and Closing Volume >=
Breakout volume (150% Average Daily Volume). This shows evidence of a
strong breakout based on daily trade. |
Symbol
|
Symbol for each sustained breakout.
|
B'Out Price
|
Breakout Price (Pivot). The intraday
high which sets the pivot point and the beginning of the handle for the
cup
with
handle
base.
|
B'Out Day Close
|
The Closing Price as of market close on the Breakout
Date.
|
B'Out Vol % ADV
|
Closing Volume as a percent of the
Average Daily Volume on the Breakout Date.
|
B'Out RS
|
Relative Strength Rank as of the
Breakout Date. The stock’s weighted price appreciation over the
prior year, as ranked against all other stocks in our database.
|
B'Out CETSM
|
Technical Score as of the Breakout Date. For a review
of the methodology used
for determining CET scores, follow
this link.
|
B'Out CEFSM |
Fundamental Score as of the Breakout
Date. For a review of the methodology
used
for determining CEF scores, follow
this link. |
B'Out CESM |
CANTATA Evaluator Score as of the Breakout Date. A
proprietary measure of the stock’s attractiveness
as a CANTATA-quality candidate derived by combining the stock’s
technical (CET) and fundamental (CEF) scores. For a review of the methodology
used
for determining overall CE scores, follow
this link. |
B'Out CECellSM
|
CECell as of the Breakout Date. The CE Zone map is
a 4 by 5 matrix of the CET (technical score) and the CEF (fundamental
score)
for
the
stock.
Each
cell is numbered
and provides an indication of the health of the stock and its attractiveness
as a CANTATA-quality candidate. For a review of the methodology used
for determining the CECell, follow
this link.
|
B'Out CQSM
|
Chart Quality Score as of the Breakout Date. In general,
accumulation on the right side of the
cup
combined
with low
volume declining
price action in the handle generates a higher score. For a review of
the methodology used for determining CQ scores, follow
this link.
|
Last Close
|
Closing Price as of the
most recent market close.
|
Current % Off BOP
|
The difference between the stock's Last Close and Breakout
Price, expressed as a percentage of the Breakout Price. Values
are color coded in order to easily identify stocks which may have pulled
back into a buyable range after the breakout.
|
Gain at Intraday High |
The difference between the highest intraday high achieved
since the Breakout Date and the Last Close, expressed as a percentage
of the Breakout Price. This percentage gain is then averaged across
all sustained breakouts over the prior 13 weeks. |
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