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AFTER MARKET UPDATE - TUESDAY, MARCH 12TH, 2024
Previous After Market Report Next After Market Report >>>
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DOW |
+235.83 |
39,005.49 |
+0.61% |
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Volume |
936,075,401 |
+6% |
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Volume |
5,218,628,900 |
+5% |
NASDAQ |
+246.36 |
16,265.64 |
+1.54% |
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Advancers |
1,533 |
55% |
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Advancers |
1,987 |
46% |
S&P 500 |
+57.33 |
5,175.27 |
+1.12% |
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Decliners |
1,250 |
45% |
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Decliners |
2,293 |
54% |
Russell 2000 |
-0.40 |
2,065.48 |
-0.02% |
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52 Wk Highs |
171 |
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52 Wk Highs |
128 |
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S&P 600 |
-3.60 |
1,300.92 |
-0.28% |
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52 Wk Lows |
23 |
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52 Wk Lows |
126 |
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Dow Industrials Lagged as Major Indices Posted Solid Gains
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Nasdaq Composite (+1.5%) and Dow Jones Industrial Average (+0.6%) each gained more than 200 points and the S&P 500 settled 1.1% higher at a fresh record high. Volume reported was higher that the prior session total on the NYSE and on the Nasdaq exchange. Advancers led decliners by a 5-4 margin on the NYSE but decliners led advancers by a narrow margin on the Nasdaq exchange. Leadership improved as there were 40 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 22 on the prior session. New 52-week highs totals expanded and outnumbered the also expanding new 52-week lows totals on the NYSE and on the Nasdaq exchange. The major indices are in a confirmed uptrend (M criteria). New buying efforts should be only made in stocks fitting all key criteria of the fact-based investment system.
PICTURED: The S&P 500 Index posted a gain for a best-ever close.
Strength in the mega cap and semiconductor names included NVIDIA (NVDA +7.16%), Microsoft (MSFT +2.66%), and Meta Platforms (META +3.34%). The information technology sector was the best performer by a wide margin, gaining +2.5%. A big earnings-related gain in Oracle (ORCL +11.75%) helped it to be the top performing stock in the S&P 500. Meanwhile, the rate-sensitive S&P 500 utilities (-1.0%) and real estate (-0.4%) sectors were the worst performers.
The February Consumer Price Index (CPI) was not necessarily in-line with what the market wanted to see, but the report failed to upend rate cut expectations. Core-CPI was up 0.4% month-over-month and up 3.8% year-over-year. Treasuries settled with losses as the 2-yr note yield rose seven basis points to 4.60% and the 10-yr note yield rose five basis points to 4.16%.
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Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.
Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. |
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Retail and Semiconductor Indexes Led Gainers
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Retail Index ($RLX +1.49%) posted a solid gain that was a positive influence on the major averages. The Broker/Dealer Index ($XBD -0.21%) and the Bank Index ($BKX -0.08%) both inched lower. The tech sector was led by the Semiconductor Index ($SOX +2.09%) while the Networking Index ($NWX +0.75%) posted a smaller gain, but the Biotech Index ($BTK -0.62%) edged lower.The Gold & Silver Index ($XAU -1.59%) lost ground while the Oil Services Index ($OSX +0.11%) and the Integrated Oil Index ($XOI +0.03%) both were little changed.
PICTURED: The Oil Services Index ($OSX +0.11%) has risen to its 200-day moving average (DMA) line which recently acted as resistance.
Oil Services |
$OSX |
84.80 |
+0.09 |
+0.11% |
+1.10% |
Integrated Oil |
$XOI |
2,003.93 |
+0.65 |
+0.03% |
+7.60% |
Semiconductor |
$SOX |
4,992.51 |
+102.30 |
+2.09% |
+19.57% |
Networking |
$NWX |
803.46 |
+6.01 |
+0.75% |
-3.52% |
Broker/Dealer |
$XBD |
585.85 |
-1.24 |
-0.21% |
+5.13% |
Retail |
$RLX |
4,385.84 |
+64.49 |
+1.49% |
+12.78% |
Gold & Silver |
$XAU |
118.08 |
-1.91 |
-1.59% |
-6.06% |
Bank |
$BKX |
99.27 |
-0.08 |
-0.08% |
+3.38% |
Biotech |
$BTK |
5,317.88 |
-33.02 |
-0.62% |
-1.86% |
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Perched at All-Time High After Rallying from Advanced "3-Weeks Tight"
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Novo Nordisk (NVO +$3.87 or +2.95% to $135.11) posted a solid volume-driven gain today for its second-best ever close. After a recenlty noted "3-weeks tight" base it quickly powered well above its "max buy" level. Recent lows in the $118 area define initial support to watch above its 50-day moving average (DMA) line ($116) on any pullbacks.
NVO was highlighted in yellow in the 11/02/23 mid-day report (read here) with pivot point cited based on its 10/13/23 high plus 10 cents while building on an advanced ascending base. It was last shown in detail in this FSU section on 2/08/24 with an annotated graph under the headline, "Extended From Any Sound Base After Volume-Driven Gains".
This Denmark-based Medical - Ethical Drugs firm's shares split 2-1 on 9/20/23. NVO reported Dec '23 quarterly earnings +68% on +41% sales revenues versus the year-ago period, its 4th strong quarter well above the +25% minimum earnings guideline (C criteria). Annual earnings growth has been strong and steady. It has a 98 Earnings Per Share Rating, well above the 80+ minimum for buy candidates.
The number of top-rated funds owning its shares rose from 372 in Dec '22 to 507 in Dec '23, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has a Timeliness Rating of A and an Accumulation/Distribution Rating of B+.
Symbol/Exchange Company Name Industry Group | PRICE | CHANGE (%Change) | Day High | Volume (% DAV) (% 50 day avg vol) | 52 Wk Hi % From Hi | Featured Date | Price Featured | Pivot Featured | Max Buy | ANET - NYSE Arista Networks Computer-Networking | $281.86 | +10.84 4.00% | $281.95 | 2,281,603 99.85% of 50 DAV 50 DAV is 2,285,000 | $292.66 -3.69%
| 10/31/2023 | $188.84 | PP = $198.80 | MB = $208.74 | Most Recent Note - 3/12/2024 9:43:43 PM G - Posted a solid gain today after testing support at its 50 DMA line ($263.70) on the prior session. It has not formed a sound base of sufficient length. >>> FEATURED STOCK ARTICLE : Best Ever Close for Arista Networks - 3/1/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | NVO - NYSE Novo Nordisk ADR Medical-Ethical Drugs | $135.11 | +3.87 2.95% | $135.12 | 6,326,961 119.13% of 50 DAV 50 DAV is 5,311,000 | $138.28 -2.29%
| 3/1/2024 | $124.23 | PP = $124.97 | MB = $131.22 | Most Recent Note - 3/12/2024 9:35:46 PM G - Posted a solid gain today for its second-best ever close. Last week it rallied from a noted new advanced "3-weeks tight" base. Recent lows in the $118 area define initial support to watch above its 50 DMA line ($116). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Perched at All-Time High After Rallying from Advanced "3-Weeks Tight" - 3/12/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | AXON - NASDAQ Axon Enterprise Security/Sfty | $311.25 | +0.32 0.10% | $312.07 | 400,523 86.32% of 50 DAV 50 DAV is 464,000 | $325.63 -4.42%
| 11/8/2023 | $127.84 | PP = $223.30 | MB = $234.47 | Most Recent Note - 3/11/2024 11:02:52 PM G - Stubbornly holding its ground near its all-time high. Bullish action came after it reported Dec '23 quarterly earnings +60% on +29% sales revenues versus the year-ago period. Its 50-day moving average (DMA) line ($268) defines near-term support above the prior high ($262.95 on 1/12/24). >>> FEATURED STOCK ARTICLE : Reversal at All-Time High After 7 Consecutive Gains - 2/12/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | TDG - NYSE TransDigm Group Aerospace/Defense | $1,183.13 | +31.39 2.73% | $1,184.39 | 228,000 103.17% of 50 DAV 50 DAV is 221,000 | $1,207.58 -2.02%
| 12/12/2023 | $1,000.39 | PP = $1,013.18 | MB = $1,063.84 | Most Recent Note - 3/12/2024 9:07:11 PM G - Posted a solid gain today with average volume. Its 50 DMA line ($1,103) defines near-term support to watch. >>> FEATURED STOCK ARTICLE : Transdigm Perched Near All-Time High - 2/14/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | CRWD - NASDAQ CrowdStrike Holdings Computer Sftwr-Security | $329.22 | +11.85 3.73% | $333.81 | 4,151,393 99.53% of 50 DAV 50 DAV is 4,171,000 | $365.00 -9.80%
| 1/2/2024 | $246.42 | PP = $261.91 | MB = $275.01 | Most Recent Note - 3/12/2024 9:45:23 PM G - Perched within close striking distance of its all-time high, it has not formed a sound base of sufficient length. Its 50 DMA ($300) recently acted as support. Fundamentals remain strong after it reported Jan ''24 quarterly earnings +102% on +33% sales revenues versus the year-ago period. >>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After Spiking to New High - 3/11/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | Symbol/Exchange Company Name Industry Group | PRICE | CHANGE (%Change) | Day High | Volume (% DAV) (% 50 day avg vol) | 52 Wk Hi % From Hi | Featured Date | Price Featured | Pivot Featured | Max Buy | ELF - NYSE e.l.f. Beauty Cosmetics/Personal Care | $205.31 | +11.33 5.84% | $206.57 | 1,179,598 76.70% of 50 DAV 50 DAV is 1,538,000 | $221.83 -7.45%
| 1/2/2024 | $138.23 | PP = $153.63 | MB = $161.31 | Most Recent Note - 3/12/2024 9:41:21 PM G - Extended from any sound base, it posted a big gain today with below-average volume. Its 50 DMA line ($171.65) defines important near-term support to watch. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure Near All-Time High - 3/8/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | KOF - NYSE Coca Cola Femsa Sab Ads FOOD and BEVERAGE - Beverages - Soft Drinks | $98.39 | +1.83 1.90% | $98.79 | 205,734 121.95% of 50 DAV 50 DAV is 168,700 | $104.38 -5.74%
| 1/12/2024 | $93.38 | PP = $99.34 | MB = $104.31 | Most Recent Note - 3/12/2024 9:37:21 PM Y - Posted a 2nd consecutive gain today with slightly above-average volume, finding support above its 50 DMA line ($95.23). There was a noted "negative reversal" on 2/20/24 at its all-time high. Reported Dec ''23 quarterly earnings -13% on +24% sales revenues versus the year-ago period, raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Perched at High With Earnings News Due - 2/21/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | PCAR - NASDAQ Paccar Trucks and Parts-Hvy Duty | $114.78 | +0.75 0.66% | $115.26 | 1,764,532 79.38% of 50 DAV 50 DAV is 2,223,000 | $116.88 -1.80%
| 1/23/2024 | $100.35 | PP = $98.57 | MB = $103.50 | Most Recent Note - 3/8/2024 12:45:03 PM G - Extended from any sound base and holding its ground stubbornly at its all-time high after steadily wedging higher with gains lacking great volume conviction. Its 50 DMA line ($103) defines near-term support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After 7 Weekly Gains - 2/26/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | HUBB - NYSE Hubbell Electrical-Power/Equipmt | $396.93 | +9.50 2.45% | $397.32 | 540,640 133.49% of 50 DAV 50 DAV is 405,000 | $396.92 0.00%
| 1/30/2024 | $343.26 | PP = $336.83 | MB = $353.67 | Most Recent Note - 3/12/2024 9:01:56 PM G - Rallied for a new all-time high and closed at the session high with today''s volume-driven gain, getting more extended from the previously noted base. Its 50 DMA line ($350) defines important support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Inched to New Highs With Average Volume - 2/28/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | MANH - NASDAQ Manhattan Associates Computer Sftwr-Enterprse | $256.19 | +0.69 0.27% | $258.57 | 521,368 147.28% of 50 DAV 50 DAV is 354,000 | $266.94 -4.03%
| 1/31/2024 | $240.57 | PP = $230.71 | MB = $242.25 | Most Recent Note - 3/12/2024 9:47:13 PM G - Posted a small gain today with +47% above average volume. It is extended from the previously noted base. Its 50 DMA line ($234) defines near-term support to watch above prior highs in the $230 area. >>> FEATURED STOCK ARTICLE : Hovering Near All-Time High After Streak of Small Gains - 2/29/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | Symbol/Exchange Company Name Industry Group | PRICE | CHANGE (%Change) | Day High | Volume (% DAV) (% 50 day avg vol) | 52 Wk Hi % From Hi | Featured Date | Price Featured | Pivot Featured | Max Buy | USLM - NASDAQ U.S. Lime & Minerals Bldg-Cement/Concrt/Ag | $292.05 | +3.73 1.29% | $294.98 | 17,533 92.28% of 50 DAV 50 DAV is 19,000 | $289.95 0.72%
| 2/9/2024 | $254.68 | PP = $265.09 | MB = $278.34 | Most Recent Note - 3/8/2024 12:31:38 PM G - Wedging to new all-time highs above its "max buy" level with recent gains lacking great volume conviction and its color code is changed to green. Recent gains above the pivot point were not backed by the minimum +40% above average volume necessary to trigger a proper technical buy signal. Through Dec '23 its quarterly and annual earnings (C and A criteria) history has been strong, a good match with the fact-based investment system's guidelines. Thinly traded firm has only 5.7 million shares outstanding (S criteria), which can contribute to greater price volatility in the event of institutional buying or selling. >>> FEATURED STOCK ARTICLE : Strong Finish for Thinly Traded U.S Lime & Minerals - 2/9/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | NOW - NYSE ServiceNow Computer Sftwr-Enterprse | $789.56 | +32.82 4.34% | $793.00 | 1,529,685 124.47% of 50 DAV 50 DAV is 1,229,000 | $815.32 -3.16%
| 2/22/2024 | $771.75 | PP = $815.32 | MB = $856.09 | Most Recent Note - 3/12/2024 9:39:47 PM Y - Posted a solid gap up gain today with above-average volume. Found prompt support near its 50 DMA line ($754) in recent weeks while consolidating, while recent lows define the next important near-term support to watch. >>> FEATURED STOCK ARTICLE : Found Support With a Solid Gap Up from 10-Week Moving Average - 2/23/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | SNPS - NASDAQ Synopsys Computer Sftwr-Design | $576.72 | +11.40 2.02% | $577.19 | 622,717 45.79% of 50 DAV 50 DAV is 1,360,000 | $629.38 -8.37%
| 2/22/2024 | $600.65 | PP = $582.85 | MB = $611.99 | Most Recent Note - 3/12/2024 9:06:25 PM Y - Posted a small gain today with below-average volume, and volume totals have been cooling in recent weeks while consolidating. The prior low ($555 on 3/11/24) defines near-term support above its 50 DMA line ($543.46). Previously noted - "A strong volume-driven gain and close above the pivot point is needed to clinch a proper technical buy signal. Reported Jan ''24 quarterly earnings +36% on +21% sales revenues versus the year-ago period, its 3rd strong quarter above the +25% minimum earnings guideline (C criteria). Annual earnings growth (A criteria) has been strong and steady." >>> FEATURED STOCK ARTICLE : Gapped Up for New High But Ended Near Session Low - 2/22/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I | PAY - NYSE Paymentus Holdings Finance-CrdtCard/PmtPr | $23.93 | +3.11 14.94% | $24.00 | 1,434,582 652.08% of 50 DAV 50 DAV is 220,000 | $21.07 13.57%
| 3/5/2024 | $19.97 | PP = $18.89 | MB = $19.83 | Most Recent Note - 3/12/2024 1:22:36 PM G - Spiking to new 52-week highs with today's 3rd consecutive volume-driven gain, getting extended from any sound base. Its color code was changed to green after rising above its "max buy" level. Prior highs in the $18 range define important initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Big Gap Up Gain Triggered Technical Buy Signal - 3/5/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
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Color Codes Explained :
Y - Better candidates highlighted by our
staff of experts. G - Previously featured
in past reports as yellow but may no longer be buyable under the
guidelines.
***Last / Change / Volume data in this table is the closing quote data***
Symbol/Exchange
Company Name
Industry Group |
PRICE |
CHANGE (%Change) |
Day High |
Volume (% DAV) (% 50 day avg vol) |
52 Wk Hi % From Hi |
Featured Date |
Price Featured |
Pivot Featured |
Max Buy |
ANET
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NYSE
Arista Networks
Computer-Networking
|
$271.02
|
+0.00
0.00% |
$271.78
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3,751 0.16% of 50 DAV
50 DAV is 2,285,000
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$292.66 -7.39%
|
10/31/2023
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$188.84
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PP = $198.80
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MB = $208.74
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Most Recent Note - 3/8/2024 12:42:45 PM
G - Pulling back today after recently wedging higher with gains lacking great volume conviction. Its 50 DMA line ($262) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Best Ever Close for Arista Networks - 3/1/2024 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
NVO
-
NYSE
Novo Nordisk ADR
Medical-Ethical Drugs
|
$131.24
|
+0.00
0.00% |
$133.52
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183,418 3.45% of 50 DAV
50 DAV is 5,311,000
|
$138.28 -5.09%
|
3/1/2024
|
$124.23
|
PP = $124.97
|
MB = $131.22
|
Most Recent Note - 3/8/2024 12:22:57 PM
G - Gapped down today, pulling back from its all-time high after quickly powering well above its "max buy" level. Recent lows in the $118 area define initial support to watch above its 50 DMA line ($114.73).
>>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After Volume-Driven Gains - 2/8/2024 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
AXON
-
NASDAQ
Axon Enterprise
Security/Sfty
|
$310.93
|
+0.00
0.00% |
$313.50
|
97 0.02% of 50 DAV
50 DAV is 464,000
|
$325.63 -4.51%
|
11/8/2023
|
$127.84
|
PP = $223.30
|
MB = $234.47
|
Most Recent Note - 3/11/2024 11:02:52 PM
G - Stubbornly holding its ground near its all-time high. Bullish action came after it reported Dec '23 quarterly earnings +60% on +29% sales revenues versus the year-ago period. Its 50-day moving average (DMA) line ($268) defines near-term support above the prior high ($262.95 on 1/12/24).
>>> FEATURED STOCK ARTICLE : Reversal at All-Time High After 7 Consecutive Gains - 2/12/2024 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
TDG
-
NYSE
TransDigm Group
Aerospace/Defense
|
$1,151.74
|
+0.00
0.00% |
$1,158.84
|
2 0.00% of 50 DAV
50 DAV is 221,000
|
$1,207.58 -4.62%
|
12/12/2023
|
$1,000.39
|
PP = $1,013.18
|
MB = $1,063.84
|
Most Recent Note - 3/5/2024 9:15:39 PM
G - Pulled back today with average volume for a 2nd consecutive loss. Its 50 DMA line ($1,087) defines near-term support to watch.
>>> FEATURED STOCK ARTICLE : Transdigm Perched Near All-Time High - 2/14/2024 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
CRWD
-
NASDAQ
CrowdStrike Holdings
Computer Sftwr-Security
|
$317.37
|
+0.00
0.00% |
$323.50
|
21,795 0.52% of 50 DAV
50 DAV is 4,171,000
|
$365.00 -13.05%
|
1/2/2024
|
$246.42
|
PP = $261.91
|
MB = $275.01
|
Most Recent Note - 3/11/2024 10:58:05 PM
G - It is extended from any sound base and pulled back today with lighter volume. Its 50 DMA ($299) recently acted as support. Fundamentals remain strong after it reported Jan '24 quarterly earnings +102% on +33% sales revenues versus the year-ago period. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After Spiking to New High - 3/11/2024 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
Symbol/Exchange
Company Name
Industry Group |
PRICE |
CHANGE (%Change) |
Day High |
Volume (% DAV) (% 50 day avg vol) |
52 Wk Hi % From Hi |
Featured Date |
Price Featured |
Pivot Featured |
Max Buy |
ELF
-
NYSE
e.l.f. Beauty
Cosmetics/Personal Care
|
$193.98
|
+0.00
0.00% |
$199.30
|
3,925 0.26% of 50 DAV
50 DAV is 1,538,000
|
$221.83 -12.55%
|
1/2/2024
|
$138.23
|
PP = $153.63
|
MB = $161.31
|
Most Recent Note - 3/11/2024 11:04:25 PM
G - Pulled back today with below-average volume, retreating from its all-time high hit last week. Reported Dec '23 quarterly earnings +54% on +85% sales revenues versus the year-ago period, continuing its strong earnings track record. Its 50 DMA line ($170) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure Near All-Time High - 3/8/2024 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
KOF
-
NYSE
Coca Cola Femsa Sab Ads
FOOD and BEVERAGE - Beverages - Soft Drinks
|
$96.56
|
+0.72
0.75% |
$97.11
|
0 0.00% of 50 DAV
50 DAV is 168,700
|
$104.38 -7.49%
|
1/12/2024
|
$93.38
|
PP = $99.34
|
MB = $104.31
|
Most Recent Note - 3/6/2024 5:14:57 PM
Y - Still quietly consolidating above its 50 DMA line ($95.10) which defines important near-term support to watch. There was a noted "negative reversal" on 2/20/24 at its all-time high. Reported Dec '23 quarterly earnings -13% on +24% sales revenues versus the year-ago period, raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Perched at High With Earnings News Due - 2/21/2024 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
PCAR
-
NASDAQ
Paccar
Trucks and Parts-Hvy Duty
|
$114.03
|
+0.00
0.00% |
$115.23
|
564 0.03% of 50 DAV
50 DAV is 2,223,000
|
$116.88 -2.44%
|
1/23/2024
|
$100.35
|
PP = $98.57
|
MB = $103.50
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Most Recent Note - 3/8/2024 12:45:03 PM
G - Extended from any sound base and holding its ground stubbornly at its all-time high after steadily wedging higher with gains lacking great volume conviction. Its 50 DMA line ($103) defines near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After 7 Weekly Gains - 2/26/2024 |
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C
A
S
I |
HUBB
-
NYSE
Hubbell
Electrical-Power/Equipmt
|
$387.43
|
-5.71
-1.45% |
$390.42
|
0 0.00% of 50 DAV
50 DAV is 405,000
|
$396.92 -2.39%
|
1/30/2024
|
$343.26
|
PP = $336.83
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MB = $353.67
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Most Recent Note - 3/5/2024 9:18:55 PM
G - Pulled back from its all-time high with today's loss after 4 consecutive gains. Very extended from the previously noted base. Prior high ($340) and its 50 DMA line define important support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Inched to New Highs With Average Volume - 2/28/2024 |
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C
A
S
I |
MANH
-
NASDAQ
Manhattan Associates
Computer Sftwr-Enterprse
|
$255.50
|
+0.00
0.00% |
$257.93
|
1 0.00% of 50 DAV
50 DAV is 354,000
|
$266.94 -4.29%
|
1/31/2024
|
$240.57
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PP = $230.71
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MB = $242.25
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Most Recent Note - 3/7/2024 9:49:07 PM
G - Posted a solid gain today with +29% above average volume while rallying to a new all-time high, getting extended from the previously noted base. Prior highs in the $230 area along with its 50 DMA line ($232) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Hovering Near All-Time High After Streak of Small Gains - 2/29/2024 |
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C
A
S
I |
Symbol/Exchange
Company Name
Industry Group |
PRICE |
CHANGE (%Change) |
Day High |
Volume (% DAV) (% 50 day avg vol) |
52 Wk Hi % From Hi |
Featured Date |
Price Featured |
Pivot Featured |
Max Buy |
USLM
-
NASDAQ
U.S. Lime & Minerals
Bldg-Cement/Concrt/Ag
|
$288.32
|
+0.00
0.00% |
$289.95
|
1 0.01% of 50 DAV
50 DAV is 19,000
|
$289.95 -0.56%
|
2/9/2024
|
$254.68
|
PP = $265.09
|
MB = $278.34
|
Most Recent Note - 3/8/2024 12:31:38 PM
G - Wedging to new all-time highs above its "max buy" level with recent gains lacking great volume conviction and its color code is changed to green. Recent gains above the pivot point were not backed by the minimum +40% above average volume necessary to trigger a proper technical buy signal. Through Dec '23 its quarterly and annual earnings (C and A criteria) history has been strong, a good match with the fact-based investment system's guidelines. Thinly traded firm has only 5.7 million shares outstanding (S criteria), which can contribute to greater price volatility in the event of institutional buying or selling.
>>> FEATURED STOCK ARTICLE : Strong Finish for Thinly Traded U.S Lime & Minerals - 2/9/2024 |
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C
A
S
I |
NOW
-
NYSE
ServiceNow
Computer Sftwr-Enterprse
|
$756.74
|
+0.00
0.00% |
$759.20
|
1,898 0.15% of 50 DAV
50 DAV is 1,229,000
|
$815.32 -7.18%
|
2/22/2024
|
$771.75
|
PP = $815.32
|
MB = $856.09
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Most Recent Note - 3/7/2024 9:52:33 PM
Y - Gain today with higher volume helped it promptly rebound above its 50 DMA line ($750) helping its outlook to improve and its color code is changed to yellow. Recent lows define important near-term support to watch in the $730 area.
>>> FEATURED STOCK ARTICLE : Found Support With a Solid Gap Up from 10-Week Moving Average - 2/23/2024 |
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C
A
S
I |
SNPS
-
NASDAQ
Synopsys
Computer Sftwr-Design
|
$565.32
|
+0.00
0.00% |
$567.72
|
1,223 0.09% of 50 DAV
50 DAV is 1,360,000
|
$629.38 -10.18%
|
2/22/2024
|
$600.65
|
PP = $582.85
|
MB = $611.99
|
Most Recent Note - 3/5/2024 9:06:52 PM
Y - Suffered a big loss today with below-average volume, retreating from a best-ever close. Previously noted - "A strong volume-driven gain and close above the pivot point is needed to clinch a proper technical buy signal. Found support recently at its 50 DMA line ($538). Reported Jan '24 quarterly earnings +36% on +21% sales revenues versus the year-ago period, its 3rd strong quarter above the +25% minimum earnings guideline (C criteria). Annual earnings growth (A criteria) has been strong and steady."
>>> FEATURED STOCK ARTICLE : Gapped Up for New High But Ended Near Session Low - 2/22/2024 |
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C
A
S
I |
PAY
-
NYSE
Paymentus Holdings
Finance-CrdtCard/PmtPr
|
$20.82
|
+0.00
0.00% |
$21.07
|
2,071 0.94% of 50 DAV
50 DAV is 220,000
|
$21.07 -1.19%
|
3/5/2024
|
$19.97
|
PP = $18.89
|
MB = $19.83
|
Most Recent Note - 3/11/2024 12:21:50 PM
G - Challenging the 3/05/24 high with today's 2nd consecutive volume-driven gain and its color code is changed to green after rising above its "max buy" level. Prior highs in the $18 range define important initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Big Gap Up Gain Triggered Technical Buy Signal - 3/5/2024 |
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A
S
I |
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