Breakoutwatch Weekly Summary 04/22/17
You are receiving this email because you are or were a BreakoutWatch.com subscriber, or have subscribed to our weekly newsletter. This newsletter summarizes the breakout events of the week and provides additional guidance that does not fit into our daily format. It is published each weekend.
The NASDAQ Composite rose 1.8% for the week on above average volume on Wednesday and Thursday. This lifted the number of breakouts to 20 from last week's anemic 12. Volatility Squeeze breakouts were again dominant. Despite a positive week for the markets, our trend indicators remain negative. Note that the markets retreated on Friday following the shooting of a policeman in Paris which was seen as improving the prospects of populist Marin Le Pen in Sunday's election in France. A win for Mme. Le Pen could have a negative effect on the markets on Monday.  |
| No new features this week. |
| List | Breakouts | Avg. Gain |
|---|---|---|
| CWH | 6 | 0.41 |
| SQZ | 12 | 4.14 |
| HTF | 0 | |
| HSB | 0 | |
| DB | 2 | 2.09 |
| Brkout Date | Symbol | Base | Squeeze | BrkoutOut Price | Brkout Day Close | RS Rank* | Last Close | Current % off BOP | Gain at Intraday High |
|---|---|---|---|---|---|---|---|---|---|
| 2017-04-21 | CAI | SQZ | y | 15.52 | 19 | 94 | 18.57 | 19.65% | 24.81% |
| 2017-04-20 | CSX | SQZ | y | 46.92 | 50 | 93 | 50.77 | 8.21% | 9.29% |
| 2017-04-21 | TSC | SQZ | y | 24.16 | 25 | 93 | 25.4 | 5.13% | 8.24% |
| 2017-04-20 | BMTC | SQZ | y | 39.91 | 42 | 83 | 41.75 | 4.61% | 7.74% |
| 2017-04-21 | FFBC | SQZ | y | 27.41 | 28 | 80 | 28.2 | 2.88% | 3.61% |
| 2017-04-20 | SPPI | CWH | n | 6.92 | 7 | 86 | 7.09 | 2.46% | 3.9% |
| 2017-04-20 | EWBC | DB | n | 52.93 | 53 | 85 | 54.09 | 2.19% | 3.7% |
| 2017-04-21 | INTT | SQZ | y | 6.41 | 7 | 95 | 6.55 | 2.18% | 9.2% |
| 2017-04-20 | SASR | DB | n | 41.70 | 42 | 85 | 42.53 | 1.99% | 3.6% |
| 2017-04-21 | SRT | SQZ | y | 9.17 | 9 | 96 | 9.34 | 1.85% | 3.38% |
| 2017-04-20 | HOFT | CWH | n | 41.30 | 42 | 93 | 42 | 1.69% | 2.3% |
| 2017-04-21 | FRBK | SQZ | y | 8.36 | 9 | 96 | 8.5 | 1.67% | 2.87% |
| 2017-04-18 | INVN | CWH | n | 12.75 | 13 | 94 | 12.93 | 1.41% | 1.57% |
| 2017-04-21 | SASR | SQZ | y | 41.97 | 43 | 87 | 42.53 | 1.33% | 2.93% |
| 2017-04-21 | MCS | SQZ | y | 32.36 | 33 | 89 | 32.7 | 1.05% | 1.51% |
| 2017-04-21 | MYRG | SQZ | y | 40.81 | 41 | 90 | 41.17 | 0.88% | 1.74% |
| 2017-04-21 | MSB | SQZ | y | 16.31 | 16 | 96 | 16.35 | 0.25% | 2.08% |
| 2017-04-20 | QADA | CWH | n | 29.45 | 30 | 82 | 29.45 | 0% | 1.53% |
| 2017-04-19 | GNCA | CWH | n | 6.78 | 7 | 94 | 6.73 | -0.74% | 5.46% |
| 2017-04-19 | ESNT | CWH | n | 38.53 | 39 | 93 | 37.62 | -2.36% | 2.52% |
| *RS Rank on day before breakout. | |||||||||
| Symbol | BO Price |
BO Vol. |
Company | Industry | RS Rank |
Last Close |
|---|---|---|---|---|---|---|
| RH | 48.91 | 3,326,040 | RH | Home Furnishing Stores | 95 | 48.64 |
| GEO | 49.62 | 1,780,952 | Geo Group Inc (The) | REIT - Healthcare Facilities | 95 | 49.07 |
| BZUN | 17.58 | 935,616 | Baozun Inc. | Catalog & Mail Order Houses | 95 | 14.97 |
| DV | 36.15 | 956,037 | DeVry Education Group Inc. | Education & Training Services | 94 | 35.83 |
| ERS | 7.13 | 45,267 | Empire Resources - Inc. | Basic Materials Wholesale | 94 | 6.97 |
| STRA | 81.96 | 118,672 | Strayer Education - Inc. | Education & Training Services | 92 | 80.57 |
| These stocks meet our suggested screening factors
for our Cup and Handle Chart Pattern watchlist. See Revised Rules for Trading Cup and Handle Breakouts |
||||||
| Index | Value | Change Week | Change YTD | Trend1 |
|---|---|---|---|---|
| Dow | 20547.8 |
0.5% | 3.97% | Down |
| NASDAQ | 5910.52 |
1.8% | 9.8% | Down |
| S&P 500 | 2348.69 |
0.8% | 4.91% | Down |
|
1The Market Trend is derived from
our proprietary market model. The market model is described on
the site
here.
2The site also shows industry rankings based on fundamentals, combined technical and fundamentals, and on price alone. The site also shows daily industry movements. |
||||
| 1 Week | 13 Weeks | 26 Weeks | Year-to-Date |
|---|---|---|---|
| NASDAQ Composite |
NASDAQ Composite 3.63 % |
Dow Jones 13.24 % |
NASDAQ Composite 9.8 % |
| 1 Week | 3 Weeks | 13 Weeks | 26 Weeks |
|---|---|---|---|
| Long Distance Carriers |
Long Distance Carriers |
Consumer Services |
Regional - Southwest Banks |
| Auto Dealerships 52 |
Computers Wholesale 187 |
Computers Wholesale 192 |
Long Distance Carriers 203 |
| Charts of each industry rank and performance over 12 months are available on the site | |||
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