Breakoutwatch Weekly Summary 08/17/19

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Weekly Commentary

I am on vacation in Europe and there will be no weekly commentary until I return at the end of September.

NASDAQ Chart

New Features this Week

No new features this week
Strategy Suggestions
Our latest strategy suggestions are here.
Breakouts Summary by Watchlist for Week Beginning 08/12/19
List Breakouts Avg. Gain
CWH 3 -2.51
SQZ 1 1.12
HTF
0
HSB
0
DB
0
Breakouts Detail for Week Beginning 08/12/19
Brkout Date Symbol Base Squeeze Brkout Price Brkout Day Close RS Rank* Last Close Current % off BOP Gain at Intraday High
2019-08-16 CRMT SQZ y 90.98 92 84 92 1.12% 6.79%
2019-08-16 MUSA CWH n 92.61 93.34 82 93.34 0.79% 1.44%
2019-08-12 ECF CWH n 11.08 11.13 85 10.84 -2.17% 0.63%
2019-08-12 MAG CWH n 12.36 12.44 95 11.6 -6.15% 4.77%
*RS Rank on day before breakout.
Top Rated Cup and Handle Stocks as of Friday August 16, 2019
Symbol BO
Price
BO
Vol.
Company Industry RS
Rank
Last
Close
CVM 8.95 1,218,952 CEL-SCI Corporation Biotechnology 99 8.15
DFRG 8.09 2,082,760 Del Frisco's Restaurant Group - Inc. Restaurants 92 7.98
VG 13.75 4,875,758 Vonage Holdings Corp. Diversified Communication Services 86 13.41
SA 15.74 735,630 Seabridge Gold Inc. Gold 82 13.31
NYCB 11.83 7,487,316 New York Community Bancorp - Inc. Savings & Loans 81 11.51
EXTR 8.50 1,782,720 Extreme Networks - Inc. Networking & Communication Devices 81 7.38
S 8.06 33,424,479 Sprint Corporation Wireless Communications 80 6.91
These stocks meet our suggested screening factors for our Cup and Handle Chart Pattern watchlist.
See Revised Rules for Trading Cup and Handle Breakouts
Major Index Summary
Index Value Change Week Change YTD Trend1
Dow 25886
-1.53% 10.97% Down
NASDAQ 7895.99
-0.79% 19% Down
S&P 500 2888.68
-1.03% 15.23% 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.
Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
NASDAQ Composite S&P 500
1.02 %
NASDAQ Composite
5.67 %
NASDAQ Composite
19 %
Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Insurance Brokers
Insurance Brokers
Insurance Brokers
Insurance Brokers
Most Improved Industry (by change in technical rank2)
Air Delivery & Freight Services
34
Office Supplies
81
Silver
191
Manufactured Housing
208
Charts of each industry rank and performance over 12 months are available on the site

 

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