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AFTER MARKET UPDATE - WEDNESDAY, JUNE 9TH, 2021
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -152.68 34,447.14 -0.44% Volume 941,853,734 +0% Volume 5,595,340,900 -4%
NASDAQ -10.46 13,914.45 -0.08% Advancers 1,538 47% Advancers 1,987 47%
S&P 500 -7.71 4,219.55 -0.18% Decliners 1,746 53% Decliners 2,241 53%
Russell 2000 -16.63 2,327.13 -0.71% 52 Wk Highs 373   52 Wk Highs 208  
S&P 600 -12.21 1,401.91 -0.86% 52 Wk Lows 5   52 Wk Lows 13  

Major Indices Seem Indecisive as Mixed Action Continues

The S&P 500 dipped 0.2%, still trading just below a record closing level reached on May 7. The broad benchmark has moved less than 1% in either direction for 13 straight sessions, the longest such stretch since a run from October 2019 to January 2020, according to Dow Jones Market Data. The Dow lost 152 points, while the Nasdaq Composite was down 0.1%, snapping a three-day winning streak. The volume totals reported were mixed, slightly higher than the prior session on the NYSE but lower on the Nasdaq exchange. Decliners led advancers by an 8-7 margin on the NYSE and by an even narrower  margin on the Nasdaq exchange. There were 64 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 64 on the prior session. New 52-week highs totals contracted but still solidly outnumbered new 52-week lows totals on the NYSE and on the Nasdaq exchange. The major indices (M criteria) are still in an uptrend, although that trend endured pressure in recent weeks. Investors are reminded to always make buying and selling decisions on case-by-case basis under the strict criteria and rules of the fact-based investment system.

Chart courtesy of www.stockcharts.com
PICTURED: The Dow Jones Industrial Average recently found support at its 50-day moving average (DMA) line. It is perched -1.8% off its record high hit on 5/10/21.

U.S. stocks edged lower on Wednesday as investors exercised caution ahead of tomorrow's key inflation update. Treasuries strengthened following a solid 10-year note auction. The yield on the benchmark note fell four basis points to 1.49%, near a one-month low. In central bank news, the Bank of Canada opted to leave its monetary policy unchanged, though the stage remains set to taper its bond purchases at next month’s meeting. In commodities, WTI crude declined 0.4% to $69.75/barrel a day after settling above $70.00/barrel for the first time since October 2018.

Also garnering attention was the recent rally in so-called meme stocks favored by retail investors. Prison operator Geo Group (GEO +38.36%) surged as the name emerged as one of the newest to gain popularity on social media sites. In other corporate news, United Parcel Service (UPS -4.2%) gapped down on weak forward guidance. Elsewhere, Merck (MRK +2.22%) rose after the U.S. government agreed to purchase the drugmaker’s experimental COVID-19 treatment, molnupiravir. In earnings, Campbell Soup (CPB -6.21%) fell following disappointing results that included a slash to its full-year forecast due to higher input costs

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.


Biotech Index Posts Big Gain as Financial and Energy Indexes fall

The Broker/Dealer Index ($XBD -1.14%) and Bank Index ($BKX -1.51%) both slumped while the Retail Index ($RLX -0.12%) did a better job of holding its ground. The Biotech Index ($BTK +1.52%) led the tech sector with a solid gain while the Semiconductor Index ($SOX -0.40%) and Networking Index ($NWX -0.76%) both suffered modest losses. The Oil Services Index ($OSX -1.10%) and Integrated Oil Index ($XOI -0.90%) both lost ground and the Gold & Silver Index ($XAU -0.16%) also ended slightly in the red.  

Chart courtesy of www.stockcharts.com


PICTURED: The Retail Index ($RLX -0.12%) has been sputtering below its 50-day moving average (DMA) line which may act as resistance.



Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  67.13 -0.75 -1.10% +51.42%
Integrated Oil $XOI  1,149.85 -10.40 -0.90% +45.10%
Semiconductor $SOX  3,158.48 -12.74 -0.40% +12.98%
Networking $NWX  862.62 -6.57 -0.76% +20.29%
Broker/Dealer $XBD  470.34 -5.41 -1.14% +24.56%
Retail $RLX  3,809.25 -4.68 -0.12% +6.90%
Gold & Silver $XAU  158.83 -0.25 -0.16% +10.16%
Bank $BKX  131.11 -2.02 -1.51% +33.91%
Biotech $BTK  5,883.17 +88.01 +1.52% +2.51%


Building New Base After Strong Quarterly Earnings Report

Charles River Labs Intl (CRL +$2.89 or +0.84% to $345.91) posted a 5th consecutive gain with below average volume, wedging toward its prior high. It found support when consolidating above its 50-day moving average (DMA) line ($323) in recent weeks. Its color code is changed to yellow as a new pivot point is cited based on its 5/05/21 high plus 10 cents after a 5-week flat base. Subsequent gains above the pivot point backed by at least +40% above average volume.

It reported Mar '21 quarterly earnings +38% on +17% sales revenues versus the year ago period. Two of the past 3 quarterly comparisons have been above the +25% minimum earnings guideline (C criteria).It has a 90 Earnings Per Share Rating. 

The Medical - Research Equipment/Services industry group currently has a B- (54) Group Relative Strength Rating (L criteria). CRL traded up as much as +81% since it was highlighted in yellow with pivot point cited based on its 6/03/20 high plus 10 cents in the 7/15/20 mid-day report (read here). It was last shown in this FSU section on 506/21 with an annotated graph under the headline, "Pulling Back From Record High Following Strong Quarterly Report".

The number of top-rated funds owning its shares rose from 681 in Dec '19 to 867 in Mar '21. Its current Up/Down Volume Ratio of 2.8 is an unbiased indication its shares have been under accumulation over the past 50 days. There is a small number of only 50.3 million shares (S criteria) outstanding, which can contribute to greater price volatility in the event of institutional buying or selling.
Chart 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
StockCharts.com Latest Chart for ABCB ABCB - NASDAQ
Ameris Bancorp
BANKING - Regional - Mid-Atlantic Banks  
$55.56 -1.56
-2.73%

$56.66

321,608
75.49% of 50 DAV
50 DAV is 426,000
$59.85
-7.17%
5/21/2021 $58.86 PP = $57.91
MB = $60.81
Most Recent Note - 6/3/2021 6:05:18 PM
Y - Found support at its 50 DMA line ($53.72) and it is still consolidating below the previously cited pivot point. More damaging losses would raise greater concerns and trigger a worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Breakout to New All-Time High for Another Regional Bank - 5/21/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for SIVB SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$594.23 -12.60
-2.08%

$606.94

346,268
80.72% of 50 DAV
50 DAV is 429,000
$608.84
-2.40%
4/23/2021 $579.70 PP = $577.16
MB = $606.02
Most Recent Note - 6/7/2021 5:44:11 PM
Y - Inched to new all-time highs with today's 3rd consecutive gain backed by light volume. Confirming gains above the pivot point backed by at least +40% above average volume are still needed to help clinch a convincing technical buy signal. Its 50 DMA line ($547) defines near-term support to watch. Reported earnings +293% on +64% sales revenues for the Mar '21 quarter versus the year ago period, its 3rd strong comparison. Completed a new Public Offering on 3/24/21.
>>> FEATURED STOCK ARTICLE : Sputtering Since Featured Without Confirming Gains - 5/20/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for LOGI LOGI - NASDAQ
Logitech Intl Sa
COMPUTER HARDWARE - Computer Peripherals  
$138.70 +2.11
1.54%

$140.17

1,116,048
144.01% of 50 DAV
50 DAV is 775,000
$137.07
1.19%
5/26/2021 $119.13 PP = $120.34
MB = $126.36
Most Recent Note - 6/9/2021 12:45:49 PM
G - Hitting yet another new all-time high today, getting very extended from the previously noted base with an impressive spurt of gains. Prior highs in the $120-117 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Streak of Gains to New Highs Lacked Great Volume Conviction - 5/27/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CROX CROX - NASDAQ
Crocs Inc
CONSUMER NON-DURABLES - Textile - Apparel Footwear  
$105.18 +1.03
0.99%

$108.54

1,357,001
80.11% of 50 DAV
50 DAV is 1,694,000
$109.91
-4.30%
4/27/2021 $99.81 PP = $86.50
MB = $90.83
Most Recent Note - 6/7/2021 5:31:40 PM
G - Posted a 3rd consecutive gain today with below average volume, hovering near is all-time high. Its 50 DMA line ($92.79) defines initial support above prior highs in the $86 area.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure Late This Week - 5/28/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for RCKY RCKY - NASDAQ
Rocky Brands Inc
CONSUMER NON-DURABLES - Textile - Apparel Footwear  
$54.94 +0.31
0.57%

$56.15

46,335
47.28% of 50 DAV
50 DAV is 98,000
$69.00
-20.38%
5/5/2021 $61.65 PP = $61.55
MB = $64.63
Most Recent Note - 6/7/2021 5:27:16 PM
G - Suffered a 4th consecutive loss today with below average volume and it has been sputtering below its 50 DMA line ($56.38). A rebound above that short-term average is needed for its outlook to improve. The prior low ($50.52 on 5/19/21) defines the next important support where any violation may trigger a more worrisome technical sell signal. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Still Sputtering After Slump Below 50-Day Moving Average - 6/7/2021
 |  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
StockCharts.com Latest Chart for CRL CRL - NYSE
Charles River Labs Intl
DRUGS - Biotechnology  
$345.91 +2.89
0.84%

$347.09

297,988
43.31% of 50 DAV
50 DAV is 688,000
$349.13
-0.92%
6/9/2021 $345.91 PP = $349.23
MB = $366.69
Most Recent Note - 6/9/2021 6:04:03 PM
Y - Posted a 5th consecutive gain with below average volume, wedging toward the prior high. Its 50 DMA line ($323) defines near-term support to watch on pullbacks. Color code is changed to yellow with new pivot point cited based on its 5/05/21 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. Reported Mar '21 quarterly earnings +38% on +17% sales revenues versus the year ago period. Two of the past 3 quarterly comparisons have been above the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Pulling Back From Record High Following Strong Quarterly Report - 5/6/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for GNRC GNRC - NYSE
Generac Hldgs Inc
Electrical-Power/Equipmt  
$343.71 -7.09
-2.02%

$352.28

559,305
84.74% of 50 DAV
50 DAV is 660,000
$364.00
-5.57%
6/8/2021 $348.46 PP = $342.38
MB = $359.50
Most Recent Note - 6/8/2021 4:57:04 PM
Y - Finished strong today after highlighted in yellow with pivot point cited based on its 4/06/21 high. Gapped up today and triggered a technical buy signal while clearing prior highs and nearly challenging its all-time high. Reported earnings +174% on +70% sales revenues for the Mar '21 quarter versus the year ago period, its 3rd strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been strong and steady. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Gap Up Gain With +118% Above Average Volume - 6/8/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CAMT CAMT - NASDAQ
Camtek Ltd
ELECTRONICS - Scientific and Technical Instrum  
$39.18 +0.25
0.64%

$40.47

285,933
90.77% of 50 DAV
50 DAV is 315,000
$39.51
-0.84%
4/28/2021 $35.03 PP = $35.34
MB = $37.11
Most Recent Note - 6/8/2021 11:54:42 AM
G - Gapped up today hitting a new 52-week high and its color code is changed to green after rising above its "max buy" level. It abruptly rebounded above its 50 DMA line ($32.53) after a deep pullback in recent weeks.
>>> FEATURED STOCK ARTICLE : Perched at 52-Week High After 4th Consecutive Gain - 6/1/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for ASML ASML - NASDAQ
A S M L Holding N.V. NY
ELECTRONICS - Semiconductor Equipment and Mate  
$682.59 +1.86
0.27%

$688.06

440,671
47.03% of 50 DAV
50 DAV is 937,000
$692.12
-1.38%
5/25/2021 $669.59 PP = $675.75
MB = $709.54
Most Recent Note - 6/3/2021 6:07:46 PM
Y - There was a "negative reversal" on 6/01/21 after touching a new all time high. Highlighted in yellow with pivot point cited based on its 4/26/21 high plus 10 cents. Subsequent gain and a strong close above its pivot point backed by at least +40% above average volume is needed to trigger a proper technical buy signal. Its 50 DMA line ($640) defines important near-term support to watch. Reported Mar '21 quarterly earnings +264% on +90% sales revenues versus the year-ago period. The 4 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings history included a small downturn in FY '19. Dutch Electronics - Semiconductor Equipment firm made an impressive rally from a deep slump in March.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Short Base Above 50-Day Average - 5/26/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for BRKS BRKS - NASDAQ
Brooks Automation
ELECTRONICS - Semiconductor Equipment and Mate  
$96.25 -3.10
-3.12%

$100.27

587,966
73.87% of 50 DAV
50 DAV is 796,000
$108.72
-11.47%
4/5/2021 $99.31 PP = $91.88
MB = $96.47
Most Recent Note - 6/9/2021 6:11:02 PM
G - Pulled back with below average volume testing its its 50 DMA line ($96.56) which defines important near-term support. More damaging losses below the recent low ($86.12 on 5/12/21) would raise serious concerns.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Line and Prior High - 6/3/2021
 |  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
StockCharts.com Latest Chart for OPY OPY - NYSE
Oppenheimer Holdings Inc
FINANCIAL SERVICES - Investment Brokerage - Regiona  
$48.55 -0.99
-2.00%

$49.31

72,649
72.65% of 50 DAV
50 DAV is 100,000
$52.45
-7.44%
6/7/2021 $48.74 PP = $52.55
MB = $55.18
Most Recent Note - 6/7/2021 5:42:13 PM
Y - Color code is changed to yellow with new pivot point cited based on its 5/03/21 high plus 10 cents. Still perched near its 52-week high, consolidating in an orderly fashion above its 50 DMA line ($46.61). Subsequent gains above its pivot point backed by at least +40% may trigger a new (or add-on) technical buy signal. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After Decent Rally - 5/17/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for MTH MTH - NYSE
Meritage Homes Corp
MATERIALS and CONSTRUCTION - Residential Construction  
$101.42 -3.41
-3.25%

$105.72

425,370
108.24% of 50 DAV
50 DAV is 393,000
$120.19
-15.62%
5/12/2021 $108.84 PP = $117.16
MB = $123.02
Most Recent Note - 6/9/2021 6:09:05 PM
G -Color code is change to green after pulling back and closing below its 50 DMA line ($102.45) with above average volume behind today's loss. A prompt rebound above the 50 DMA line is needed for its outlook to improve. Subsequent gains above the pivot point with at least +40% above average volume would be a reassuring confirmation of fresh institutional buying demand. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Homebuilder Pulled Back After Hitting New High - 5/13/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CRMT CRMT - NASDAQ
Americas Car-Mart Inc
SPECIALTY RETAIL - Auto Dealerships  
$148.50 -6.01
-3.89%

$154.58

62,738
130.70% of 50 DAV
50 DAV is 48,000
$177.45
-16.31%
5/25/2021 $159.80 PP = $165.10
MB = $173.36
Most Recent Note - 6/9/2021 6:06:42 PM
G - Color code is changed to green after slumping below its 50 DMA line ($151.76) with today's loss on above average volume raising concerns. More damaging losses below the prior low ($142) trigger a worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Car Dealership Firm Challenging All-Time High - 5/25/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for LAD LAD - NYSE
Lithia Motors Inc Cl A
SPECIALTY RETAIL - Auto Dealerships  
$328.29 -6.67
-1.99%

$337.61

382,837
96.19% of 50 DAV
50 DAV is 398,000
$417.98
-21.46%
4/21/2021 $377.00 PP = $418.08
MB = $438.98
Most Recent Note - 6/3/2021 6:13:38 PM
G - Relative Strength Rating has slumped to 79, below the 80+ minimum guideline for buy candidates. Completed a new Public Offering on 5/19/21. A rebound above its 50 DMA line ($375) is needed for its outlook to improve. It faces resistance due to overhead supply up to the $417 level.
>>> FEATURED STOCK ARTICLE : Gap Down After Proposing New Public Offering - 5/19/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for MED MED - NYSE
Medifast Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$293.36 -5.34
-1.79%

$302.43

146,907
125.56% of 50 DAV
50 DAV is 117,000
$336.99
-12.95%
5/11/2021 $285.72 PP = $279.56
MB = $293.54
Most Recent Note - 6/7/2021 5:32:57 PM
G - Pulled back today for a 5th consecutive loss with near average volume. It is extended from the previously noted base. The prior high in the $279 area defines initial support to watch.
>>> FEATURED STOCK ARTICLE : Held Ground Following Breakout Gain on Prior Session - 5/11/2021
 |  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
StockCharts.com Latest Chart for CLFD CLFD - NASDAQ
Clearfield Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$40.19 -0.42
-1.03%

$41.09

58,283
47.38% of 50 DAV
50 DAV is 123,000
$43.64
-7.91%
6/4/2021 $40.01 PP = $40.36
MB = $42.38
Most Recent Note - 6/7/2021 12:00:18 PM
Y - There was a "negative reversal" after today's early gain for another new 52-week high. Big gain on the prior session backed by 197% above average volume clinched a new technical buy signal. New pivot point was cited based on its 4/26/21 high plus 10 cents. Its 50 DMA line ($34.50) and recent low define important near-term support in the $33-34 area. Fundamentals remain strong after it reported Mar '21 quarterly earnings +440% on +45% sales revenues versus the year ago period, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Stalled and Found Support Above 50-Day Moving Average - 5/24/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for FSBW FSBW - NASDAQ
F S Bancorp
Banks-West/Southwest  
$71.10 -0.55
-0.77%

$71.55

7,307
58.46% of 50 DAV
50 DAV is 12,500
$73.62
-3.42%
5/18/2021 $70.16 PP = $73.72
MB = $77.41
Most Recent Note - 6/7/2021 5:34:18 PM
Y - This thinly-traded Bank is still perched within close striking distance of the pivot point cited based on its 3/08/21 high plus 10 cents. It has been consolidating above its 50 DMA line ($68.63) where it found prompt support during its ongoing ascent. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a technical buy signal. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Thinly-Traded Bank Consolidating Above 50-Day Moving Average - 5/18/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for SMPL SMPL - NASDAQ
Simply Good Foods Co
Food-Confectionery  
$35.36 +0.50
1.43%

$35.61

359,803
68.66% of 50 DAV
50 DAV is 524,000
$35.48
-0.34%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 6/3/2021 1:35:46 PM
G - Pulling back today with light volume. Near-term support to watch is its 50 DMA line ($33.10) and the prior low ($31.09 on 5/18/21). Reported Feb '21 quarterly earnings +9% on +2% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Hovering Near All-Time High Following Lackluster Quarter - 5/10/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for QRVO QRVO - NASDAQ
"Qorvo, Inc"
ELECTRONICS - Semiconductor - Integrated Cir  
$181.55 -2.72
-1.48%

$185.18

737,360
63.80% of 50 DAV
50 DAV is 1,155,800
$201.68
-9.98%
4/1/2021 $190.48 PP = $191.92
MB = $201.52
Most Recent Note - 6/3/2021 1:29:32 PM
G - Consolidating near its 50 DMA line ($184). Its current Relative Strength Rating is 69, below the 80+ minimum for buy candidates.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Helped Outlook - 6/2/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for YETI YETI - NYSE
Yeti Holdings Inc
Leisure-Products  
$94.76 +1.10
1.17%

$94.98

1,977,751
138.79% of 50 DAV
50 DAV is 1,425,000
$94.21
0.58%
5/13/2021 $84.20 PP = $90.65
MB = $95.18
Most Recent Note - 6/7/2021 5:37:21 PM
Y - Spiked to a new all-time high with today's big volume-driven gain. Its 50 DMA line ($84.08) and prior highs in the $80 area define near-term support to watch on pullbacks. Reported Mar 21 quarterly earnings +245% on +42% sales revenues versus the year ago period, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Hovering Near High After Finding Support at 50-Day Moving Average - 6/4/2021
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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
StockCharts.com Latest Chart for MRBK MRBK - NASDAQ
Meridian Corp
Banks-Northeast  
$26.76 +0.02
0.07%

$27.05

17,943
64.78% of 50 DAV
50 DAV is 27,700
$29.18
-8.29%
5/18/2021 $25.58 PP = $28.06
MB = $29.46
Most Recent Note - 6/3/2021 1:25:25 PM
Y - Volume totals have been cooling while still consolidating above its 50 DMA line ($26.07). Stalled since reaching a new 52-week high when featured on 5/18/21. Reported Mar '21 earnings +323% on +93% sales revenues versus the year ago period, continuing its strong earnings track record. Recent low ($24.01 on 4/21/21) defines important near-term support where any violation may trigger a worrisome technical sell signal. Its Relative Strength Rating is 82, above the 80 minimum guideline.
>>> FEATURED STOCK ARTICLE : Bank Consolidating Near 50 Day Moving Average Line - 5/7/2021
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StockCharts.com Latest Chart for CLAR CLAR - NASDAQ
Clarus Corporation
Leisure-Products  
$25.51 +0.02
0.08%

$25.94

134,771
76.14% of 50 DAV
50 DAV is 177,000
$26.07
-2.15%
5/12/2021 $21.40 PP = $19.73
MB = $20.72
Most Recent Note - 6/7/2021 11:58:32 AM
G - Gapped up for a big gain today with higher volume as it hit another new 52-week high, getting very extended from the previously noted base. Prior high ($19.63 on 3/09/21) defines initial support to watch above its 50 DMA line ($19.83).
>>> FEATURED STOCK ARTICLE : 4 Volume-Driven Gains Into New High Territory - 5/12/2021
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