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AFTER MARKET UPDATE - THURSDAY, MAY 2ND, 2019
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Indices NYSE Nasdaq
DOW  -122.35 26,307.79 -0.46% Volume 838,009,700 -3% Volume 2,184,830,900 -4%
NASDAQ -12.87 8,036.77 -0.16% Advancers 1,294 46% Advancers 1,549 52%
S&P 500 -6.21 2,917.52 -0.21% Decliners 1,519 54% Decliners 1,435 48%
Russell 2000 +6.27 1,582.65 +0.40% 52 Wk Highs 98   52 Wk Highs 65  
S&P 600 +2.34 969.10 +0.24% 52 Wk Lows 58   52 Wk Lows 64  

Leadership Thinned as Major Indices Pulled Back

Stocks finished lower Thursday. The Dow declined 122 points to 26,307 while the S&P 500 slipped 0.2% to 2,917. The Nasdaq Composite was off 0.2% to 8,036. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange. Breadth fairly even as decliners led advancers by an 8-7 margin on the NYSE but advancers led decliners by an even narrower margin on the Nasdaq exchange. A total of 28 high-ranked companies from the Leaders List hit new 52-week highs and were listed on the BreakOuts Page, down from the total of 71 on the prior session. New 52-week highs totals outnumbered new 52-week lows totals on the NYSE and on the Nasdaq exchange. The major indices (M criteria) are in a confirmed uptrend while healthy market leadership (stocks hitting new highs) remains a reassuring signThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index has tallied 3 consecutive losses after quietly reaching a new record high.

The major averages extended losses as investors continued to digest the latest monetary policy updates. Yesterday, Fed Chair Jerome Powell suggested weaker inflation figures may be attributed to “transitory” factors, reducing speculation of a potential interest rate cut in late 2019. Treasury prices were weaker following the surprisingly less “dovish” Fed talk, with the yield on the 10-year note up four basis point to 2.54%.

The Energy sector paced the decline as NYMEX WTI crude eased 3.1% to $61.64/barrel following a surprise surge in U.S. stockpiles. Technology shares also underperformed as shares of Microsoft (MSFT -1.31%) slipped. Financials and Healthcare shares outperformed as MetLife (MET +3.72%) and AmerisourceBergen (ABC +5.00% ) rose after both companies topped earnings estimates. In other earnings news, Under Armour (UA +3.56%) rose after delivering an earnings beat and raising its forward guidance for 2019. Plant-based meat firm Beyond Meat Inc (BYND +246%) soared from its $25 IPO price.

On the data front, U.S. nonfarm productivity advanced at a 3.6% annualized clip in the first quarter, the fastest pace since 2014. An additional report showed durable goods orders rose 2.6% in March. Separately, initial jobless claims came in at 230,000 in the most recent period, matching last week’s figure.

In commodities, COMEX gold lost 1.0% $1,272.00/ounce amid a stronger dollar.

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.


Commodity-Linked Groups Fell While Tech and Financials Rose

The Broker/Dealer Index ($XBD +0.30%) and Bank Index ($BKX +0.66%) both outpaced the Retail Index ($RLX +0.12%)The tech sector had a mostly positive bias. The Biotech Index ($BTK +1.00%) and Semiconductor Index ($SOX +1.11%) both outpaced the Networking Index ($NWX -0.16%) which ended slightly lower on the session. Commodity-linked groups were particularly weak again as the Gold & Silver Index ($XAU -1.92%), Integrated Oil Index ($XOI -1.55%) and the Oil Services Index ($OSX -0.62%) ended unanimously lower.

Charts courtesy of www.stockcharts.com

PICTURED: The Retail Index ($RLX +0.12%) graph shows it consolidating after rebounding near its record high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  89.69 -0.56 -0.62% +11.28%
Integrated Oil $XOI  1,283.11 -20.14 -1.55% +10.70%
Semiconductor $SOX  1,560.61 +17.13 +1.11% +35.10%
Networking $NWX  616.49 -0.97 -0.16% +26.16%
Broker/Dealer $XBD  274.28 +0.81 +0.30% +15.57%
Retail $RLX  2,364.60 +2.87 +0.12% +21.17%
Gold & Silver $XAU  68.25 -1.34 -1.93% -3.41%
Bank $BKX  101.87 +0.67 +0.66% +18.74%
Biotech $BTK  4,691.09 +46.60 +1.00% +11.14%


Rallying to Challenge Previously Stubborn Resistance

Qualys Inc (QLYS +$1.26 or +1.39% to $91.77) was highlighted in yellow with pivot point cited still based on its 7/24/18 high plus 10 cents in the earlier mid-day report (read here). Subsequent volume-driven gains above the pivot point for a new high (N criteria) may trigger a technical buy signal. Once again it is perched very near its 52-week and all-time highs after today's 3rd consecutive volume-driven gain. It met stubborn resistance in the $97-98 area in the past year. Convincing gains into new high territory may be an indication of fresh institutional buying demand that can lead to a meaningful and sustained advance in price. 

The Computer Software - Security group has a 97 Group Relative Strength Rating, and leadership (L criteria) in the industry group is another favorable factor with respect to the fact-based investment system. It reported earnings +36% on +16% sales revenues for the Mar '19 quarter, its 8th consecutive quarter above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been strong.

Price action was choppy since dropped from the Featured Stocks list on 10/08/18. QLYS was last shown in this FSU section on 9/03/18 with annotated graphs under the headline, "Cloud Security Firm Faces Some Near Term Resistance". Currently it has a Timeliness Rating of A and Sponsorship Rating of B. Its Accumulation/Distribution rating is B while its Up/Down Volume Ratio of 1.6 is an unbiased indication its shares have been under accumulation over the past 50 days.

The number of top-rated funds owning its shares rose from 294 in Jun '17 to 401 in Mar '19, a reassuring sign concerning the I criteria. Its small supply of only 32.1 million shares (S criteria) in the public float can contribute to great volatility in the event of institutional buying or selling.

Charts used courtesy of www.stockcharts.com

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
MLR - NYSE
Miller Industries Inc
AUTOMOTIVE - Auto Parts  
$33.30 -0.28
-0.83%

$33.60

52,894
125.94% of 50 DAV
50 DAV is 42,000
$35.26
-5.56%
11/30/2018 $28.35 PP = $29.50
MB = $30.98
Most Recent Note - 4/30/2019 6:09:53 PM
G - Retreated near its 50 DMA line ($32.88) with today's big volume-driven loss. Prior low ($30.38 on 3/27/19) defines the next near-term support to watch. Reported earnings +17% on +13% sales revenues for the Dec '18 quarter, below the +25% minimum guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Below 50-Day Average After Damaging Losses - 4/8/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NSP - NYSE
Insperity Inc
Comml Svcs-Outsourcing  
$119.78 +1.26
1.06%

$121.05

336,395
96.39% of 50 DAV
50 DAV is 349,000
$132.50
-9.60%
4/16/2019 $129.59 PP = $132.60
MB = $139.23
Most Recent Note - 4/30/2019 10:16:05 AM
G - Gapped up today. Violated the prior low ($118) and tested its 200 DMA line ($111) with a damaging volume-driven loss on the prior session following earnings news. Reported earnings +40% on +14% sales revenues for the Mar '19 quarter. Volume and volatility often increase near earnings news. A rebound above the 50 DMA line ($125) is needed for its outlook to improve. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Line Needed - 4/23/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ZBRA - NASDAQ
Zebra Tech Corp Cl A
COMPUTER HARDWARE - Computer Peripherals  
$205.94 +0.82
0.40%

$207.97

647,528
145.84% of 50 DAV
50 DAV is 444,000
$237.15
-13.16%
2/14/2019 $198.10 PP = $184.85
MB = $194.09
Most Recent Note - 4/30/2019 1:15:07 PM
G - Undercutting its 50 DMA line ($214.35) with today's 4th consecutive loss on ever-increasing volume. Reported earnings +14% on +9% sales revenues for the Mar '19 quarter. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Zebra Extended From Prior Base - 3/25/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FTNT - NASDAQ
Fortinet Inc
Computer Sftwr-Security  
$91.51 -0.38
-0.41%

$92.62

2,077,687
126.07% of 50 DAV
50 DAV is 1,648,000
$96.96
-5.62%
4/10/2019 $89.76 PP = $88.70
MB = $93.14
Most Recent Note - 5/1/2019 7:17:27 PM
Y - Pulled back today with higher (near average) volume, still consolidating above its pivot point and below its "max buy" level. Tested prior highs in the $88 area defining near-term support above its 50 DMA line ($87.03).
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain Cleared Flat Base and Little Resistance Remains - 4/10/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SPSC - NASDAQ
S P S Commerce Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$104.91 -0.18
-0.17%

$106.76

140,813
95.79% of 50 DAV
50 DAV is 147,000
$115.00
-8.77%
3/26/2019 $107.12 PP = $113.41
MB = $119.08
Most Recent Note - 5/1/2019 7:01:31 PM
G - Posted a 3rd volume-driven gain in the span of 4 sessions but a rebound above its 50 DMA line ($105.75) is still needed for its outlook to improve. Reported earnings +54% on +13% sales revenues for the quarter ended March 31, 2019 versus the year ago period. Prior highs in the $98-100 area define important near-term support. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Sputtering Near 50-Day Average Line Building Base-On-Base - 5/1/2019
 |  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
SSNC - NASDAQ
S S & C Technologies
COMPUTER SOFTWARE and SERVICES - Application Software  
$60.35 +0.51
0.85%

$61.05

2,489,991
151.28% of 50 DAV
50 DAV is 1,646,000
$67.73
-10.90%
2/15/2019 $59.73 PP = $61.07
MB = $64.12
Most Recent Note - 5/1/2019 1:44:01 PM
G - Reported earnings +72% on +170% sales revenues for the Mar '19 quarter and gapped down today violating its 50 DMA line, triggering a technical sell signal. Volume and volatility often increase near earnings news. A rebound above its 50 DMA line ($63.19) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Hovering Near High With Volume Totals Cooling in Recent Weeks - 3/27/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
AUDC - NASDAQ
Audiocodes Ltd
ELECTRONICS - Scientific and Technical Instrum  
$14.75 +0.20
1.37%

$14.81

153,159
69.62% of 50 DAV
50 DAV is 220,000
$17.44
-15.42%
3/20/2019 $13.66 PP = $15.06
MB = $15.81
Most Recent Note - 4/30/2019 10:12:38 AM
G - Abruptly retreated today undercutting the prior high ($14.96) and its 50 DMA line ($14.38). Reported earnings +38% on +10% sales revenues for the Mar '19 quarter. Volume and volatility often increase near earnings news. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Earnings News Due for Israel-Based VOIP Firm - 4/29/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$71.17 +1.31
1.88%

$71.25

203,495
63.39% of 50 DAV
50 DAV is 321,000
$72.39
-1.69%
3/15/2019 $66.05 PP = $64.90
MB = $68.15
Most Recent Note - 5/1/2019 7:04:20 PM
G - Pulled back from its all-time high with today's 2nd consecutive loss with below average volume. The 50 DMA line ($65.39) and prior high ($64.80 on 9/14/18) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Negative Reversal After Another New High - 4/24/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LHCG - NASDAQ
L H C Group Inc
HEALTH SERVICES - Home Health Care  
$112.38 +1.61
1.45%

$112.70

373,980
141.66% of 50 DAV
50 DAV is 264,000
$115.54
-2.73%
4/29/2019 $110.94 PP = $115.64
MB = $121.42
Most Recent Note - 4/29/2019 5:44:20 PM
Y - Rebound above the 50 DMA line ($108.70) helped its outlook improve and its color code is changed to yellow with new pivot point cited based on its 3/22/19 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Found prompt support at its 200 DMA line.
>>> FEATURED STOCK ARTICLE : Sputtering Near 50-Day Moving Average Line - 4/1/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENSG - NASDAQ
Ensign Group Inc
HEALTH SERVICES - Long-Term Care Facilities  
$50.80 -0.08
-0.16%

$51.61

157,545
54.51% of 50 DAV
50 DAV is 289,000
$54.56
-6.89%
4/30/2019 $51.46 PP = $53.30
MB = $55.97
Most Recent Note - 4/30/2019 10:22:15 AM
Y - Recently rebounded above its 50 DMA line ($50.51) helping its outlook improve. Color code is changed to yellow with new pivot point cited based on its 4/05/19 high while building on a double bottom base. Due to report earnings results after the close on Monday, May 6, 2019. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Two Damaging Losses Hurt Outlook - 4/17/2019
 |  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
LULU - NASDAQ
Lululemon Athletica
MANUFACTURING - Textile Manufacturing  
$176.55 +0.88
0.50%

$177.75

1,336,889
59.23% of 50 DAV
50 DAV is 2,257,000
$179.50
-1.64%
3/28/2019 $169.20 PP = $164.89
MB = $173.13
Most Recent Note - 4/29/2019 5:38:52 PM
G - Quietly hovering above the "max buy" level and its color code is changed to green. Prior highs define initial support to watch above its 50 DMA line ($157.50).
>>> FEATURED STOCK ARTICLE : Breakway Gap Backed by More Than 6 Times Average Volume - 3/28/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NXST - NASDAQ
Nexstar Media Group Cl A
MEDIA - Broadcasting - TV  
$111.19 -4.14
-3.59%

$116.78

866,694
156.16% of 50 DAV
50 DAV is 555,000
$119.93
-7.29%
5/1/2019 $115.33 PP = $120.03
MB = $126.03
Most Recent Note - 5/2/2019 5:31:59 PM
Y - Down today with above average volume, pulling back toward its 50 DMA line ($108.16) which defines near-term support to watch. More damaging losses would raise greater concerns. Due to report earnings results before the market opens on Wednesday, May 8, 2019. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Hitting New High and Very Extended From Prior Base - 4/4/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ULTA - NASDAQ
Ulta Beauty Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$343.68 +8.74
2.61%

$344.11

869,248
114.83% of 50 DAV
50 DAV is 757,000
$359.69
-4.45%
3/15/2019 $341.27 PP = $322.59
MB = $338.72
Most Recent Note - 5/2/2019 5:33:28 PM
G - Posted a gain today after testing its 50 DMA line ($335.25).which defines important near term support above prior highs.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling in Recent Weeks While Hovering Near High - 4/26/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
UBNT - NASDAQ
Ubiquiti Networks
TELECOMMUNICATIONS - Diversified Communication Serv  
$169.06 -0.68
-0.40%

$171.45

200,595
59.88% of 50 DAV
50 DAV is 335,000
$174.95
-3.37%
2/8/2019 $121.97 PP = $115.54
MB = $121.32
Most Recent Note - 4/29/2019 5:51:03 PM
G - Hovering near its all-time high, very extended from any sound base. Its 50 DMA line ($152) and prior high ($148.68 on 2/27/19) define near-term support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Extended From Any Sound Bass and Wedging to New Highs - 4/12/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$47.89 +0.60
1.27%

$48.10

575,671
95.15% of 50 DAV
50 DAV is 605,000
$48.13
-0.50%
3/18/2019 $45.84 PP = $45.06
MB = $47.31
Most Recent Note - 5/1/2019 7:21:17 PM
Y - Due to report earnings news before the open on May 3rd. Volume and volatility often increase near earnings news. Pulled back today with near average volume breaking a streak of 7 consecutive gains with lighter than average volume. Found support above its 50 DMA line ($44.78) reassuringly during the recent consolidation. Faces very little resistance due to overhead supply up to the $50 level.
>>> FEATURED STOCK ARTICLE : Perched Above Pivot Point With Earnings News Due May 3rd - 4/25/2019
 |  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
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$143.58 +1.28
0.90%

$144.00

690,082
61.23% of 50 DAV
50 DAV is 1,127,000
$148.22
-3.13%
4/11/2019 $132.05 PP = $133.75
MB = $140.44
Most Recent Note - 5/1/2019 7:06:22 PM
G - Pulled back today for a 2nd consecutive loss with lighter than average volume. Recent gains lacked great volume conviction. Prior highs in the $133-136 area define initial support to watch.
>>> FEATURED STOCK ARTICLE : Finished Strong After Featured Again in Mid-Day Report - 4/11/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$262.67 -7.73
-2.86%

$269.99

3,186,972
173.77% of 50 DAV
50 DAV is 1,834,000
$273.82
-4.07%
4/22/2019 $242.64 PP = $251.75
MB = $264.34
Most Recent Note - 5/2/2019 1:07:26 PM
Y - Color code is changed to yellow after pulling back below its "max buy" level. Bullish action was noted last week after it reported earnings +20% on +34% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising concerns, fundamentally. Prior high ($251.65 on 3/21/19) and its 50 DMA line ($243.78) define near-term support to watch.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average - 4/15/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$246.73 +0.34
0.14%

$249.79

681,451
51.70% of 50 DAV
50 DAV is 1,318,000
$260.63
-5.33%
2/25/2019 $233.54 PP = $239.60
MB = $251.58
Most Recent Note - 4/29/2019 5:45:54 PM
Y - Posted a 6th consecutive small gain today with lighter than average volume. Found support near its 50 DMA line ($240) and the prior low ($233.15 on 4/04/19). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Consolidating Above Prior High and 50-Day Average - 4/3/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$91.77 +1.26
1.39%

$95.99

697,590
226.49% of 50 DAV
50 DAV is 308,000
$98.30
-6.64%
5/2/2019 $91.25 PP = $98.40
MB = $103.32
Most Recent Note - 5/2/2019 5:28:25 PM
Y - Finished in the middle of a wider than usual intra-day trading range today yet posted a 3rd consecutive volume-driven gain. Color code was changed to yellow with pivot point cited still based on its 7/24/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. Reported earnings +36% on +16% sales revenues for the Mar '19 quarter, continuing its strong earnings history. Perched near its 52-week and all-time high with today's 3rd consecutive volume-driven gain. Price action was choppy since dropped from the Featured Stocks list on 10/08/18 but fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Rallying to Challenge Previously Stubborn Resistance - 5/2/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$310.85 +0.39
0.13%

$315.66

1,199,251
154.34% of 50 DAV
50 DAV is 777,000
$331.27
-6.16%
3/13/2019 $295.38 PP = $313.37
MB = $329.04
Most Recent Note - 4/30/2019 12:18:18 PM
Y - Slumping below the pivot point and back into the previous base with a big loss today on higher volume raising concerns. Its 50 DMA line ($302.55)defines important near-term support to watch. Due to report earnings news on May 2nd after the close. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Hovering Near High With Volume Totals Cooling - 4/22/2019
 |  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
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$201.47 +0.01
0.00%

$206.89

924,676
158.61% of 50 DAV
50 DAV is 583,000
$203.20
-0.85%
2/6/2019 $171.66 PP = $164.18
MB = $172.39
Most Recent Note - 4/29/2019 12:41:40 PM
G - Due to report earnings for the Mar '19 quarter after the market closes on Tuesday, April 30. Recently wedged higher with gains lacking great volume conviction while it did not form a sound new base of sufficient length. Held its ground at its 50 DMA line ($185) which defines important near-term support to watch above recent lows.
>>> FEATURED STOCK ARTICLE : Paycom Software Quietly Hovering Near All-Time High - 4/16/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$109.70 -1.24
-1.12%

$111.16

5,033,888
76.21% of 50 DAV
50 DAV is 6,605,000
$113.69
-3.51%
1/24/2019 $92.56 PP = $93.80
MB = $98.49
Most Recent Note - 5/1/2019 7:13:53 PM
G - Pulled back today with light volume after hitting new all-time highs with a streak of 6 consecutive gains marked by higher volume. Very extended from any sound base and well above its 50 DMA line ($102.92) which defines support to watch. Recently reported earnings +37% on +12% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Extended From Base After Gains in Recent Weeks Lacking Volume - 4/2/2019
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ALRM - NASDAQ
Alarm.com Holdings Inc
Security/Sfty  
$70.13 -0.10
-0.14%

$71.37

258,358
59.39% of 50 DAV
50 DAV is 435,000
$71.46
-1.86%
1/22/2019 $60.52 PP = $60.30
MB = $63.32
Most Recent Note - 4/29/2019 5:34:37 PM
G - Holding its ground stubbornly after wedging to new highs with gains lacking great volume conviction. Found prompt support near the 50 DMA line after it reported earnings +12% on +25% sales revenues for the Dec '18 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Average Following Sub Par Report - 3/29/2019
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PLNT - NYSE
Planet Fitness Inc Cl A
Leisure-Services  
$75.35 -0.03
-0.04%

$75.45

2,132,780
145.88% of 50 DAV
50 DAV is 1,462,000
$77.34
-2.57%
11/7/2018 $57.10 PP = $55.45
MB = $58.22
Most Recent Note - 5/1/2019 7:10:11 PM
G - Due to report results for its first quarter ended March 31, 2019 after the market closes on Thursday, May 2, 2019. Volume and volatility often increase near earnings news. Hovering near its all-time high with today's 3rd consecutive small loss on lighter than average volume. Very extended from any sound base. Its 50 DMA line (67.92) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Perched Near High Very Extended From Prior Base - 4/5/2019
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TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$109.01 +0.42
0.39%

$109.80

1,107,774
65.36% of 50 DAV
50 DAV is 1,695,000
$117.06
-6.88%
4/16/2019 $114.77 PP = $116.80
MB = $122.64
Most Recent Note - 5/1/2019 7:15:57 PM
G - Retreated quietly today to close just below the 50 DMA line ($109.19) after wedging higher. Recently reported earnings +133% on +38% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Perched Near High Enduring Distributional Pressure - 4/9/2019
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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
GLOB - NYSE
Globant SA
Computer-Tech Services  
$82.90 -0.02
-0.02%

$83.85

221,878
118.02% of 50 DAV
50 DAV is 188,000
$85.00
-2.47%
2/15/2019 $69.35 PP = $70.00
MB = $73.50
Most Recent Note - 4/30/2019 6:03:51 PM
G - Posted a big gain today with light volume for a best-ever close. Very extended from any sound base. Near-term support is at its prior high ($74) and its 50 DMA line ($73.92). Violations would raise concerns and trigger technical sell signals.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Average Quietly Perched Near High - 3/26/2019
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TTD - NASDAQ
The Trade Desk Inc Cl A
Comml Svcs-Advertising  
$225.16 +3.94
1.78%

$227.33

1,094,083
67.83% of 50 DAV
50 DAV is 1,613,000
$226.38
-0.54%
4/22/2019 $211.03 PP = $214.80
MB = $225.54
Most Recent Note - 4/30/2019 6:00:02 PM
Y - Color code is changed to yellow after pulling back below its "max buy" level. Disciplined investors will note that gains above the pivot point did not have the volume necessary to trigger a proper new (or add-on) technical buy signal. Its 50 DMA line ($198.44) defines initial support to watch above the prior low ($178.30 on 3/27/19). Due to report earnings news before the open on 5/09/19. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Pulled Back Below "Max Buy" Level After Wedging Higher - 4/30/2019
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