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AFTER MARKET UPDATE - THURSDAY, JUNE 10TH, 2021
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Indices NYSE Nasdaq
DOW  +19.10 34,466.24 +0.06% Volume 887,982,489 -6% Volume 4,851,955,000 -13%
NASDAQ +110.52 14,022.27 +0.79% Advancers 1,726 53% Advancers 2,156 52%
S&P 500 +19.63 4,239.18 +0.47% Decliners 1,525 47% Decliners 1,989 48%
Russell 2000 -15.72 2,311.41 -0.68% 52 Wk Highs 332   52 Wk Highs 184  
S&P 600 -19.21 1,382.70 -1.37% 52 Wk Lows 8   52 Wk Lows 12  

S&P 500 Index Leads the Way into Record High Territory

The S&P 500 advanced 0.5%, closing at a fresh record high for the first time since May 7. The Dow added 19 points, while the Nasdaq Composite rallied 0.8%, on track for its fourth consecutive weekly advance. The volume totals reported were lighter than the prior session on the NYSE and on the Nasdaq exchange. Advancers narrowly led decliners on the NYSE and on the Nasdaq exchange. There were 39 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 S&P 500 Index led the other major indices into new record high territory. It recently found support at its 50-day moving average (DMA) line.

U.S. stocks ended higher on Thursday as investors assessed a critical inflation report ahead of next week's Federal Reserve meeting.  Treasuries strengthened, reversing an earlier decline. The yield on the 10-year note slid five basis points to 1.44%, the lowest level since early March.

On the data front, the headline consumer price index (CPI) rose 0.6% in May, slowing from April's 0.8% month-over-month uptick. Year-over-year, CPI climbed a faster-than-expected 5% last month, the highest reading since August 2008. Core CPI (ex-food and energy) jumped at a larger-than-forecasted annualized 3.8% pace in May, up from April's 3% increase, and good for the biggest advance since 1992. Meanwhile, initial jobless claims came in at 376,000 in the latest week to a new pandemic low and easing from the previous 385,000 figure. In central bank news, the European Central Bank maintained its current level of monetary stimulus, as widely expected. In commodities, WTI crude climbed 0.3% to $70.15/barrel.

Seven of 11 S&P 500 sectors closed in positive territory, with the more cyclical-oriented groups lagging. Health Care stocks paced the gains, with Merck (MRK +2.93%) spinoff Organon (OGN  +6.78%) after being the subject of positive analyst comments. In other corporate news, so-called meme stocks pulled back their recent rallies, with GameStop (GME -27.16%) and AMC Entertainment (AMC -13.23%) both falling sharply. In earnings, RH (RH +15.7%) gapped up after topping consensus profit and sales estimates and boosting its full-year forecasts.

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.


Retail, Tech, and Gold & Silver indexes Rose

The Retail Index ($RLX +1.10%) posted a gain while the Bank Index ($BKX -1.82%) and Broker/Dealer Index ($XBD -0.39%) both ended in the red. The tech sector was led higher by the Biotech Index ($BTK +2.37%), meanwhile the Semiconductor Index ($SOX +1.20%) and Networking Index ($NWX +0.99%) each posted a solid gain. Commodity-linked groups were mixed as the Gold & Silver Index ($XAU +2.48%) posted a solid gain while the Oil Services Index ($OSX -0.72%) edged lower and the Integrated Oil Index ($XOI -0.02%) finished flat.  

Chart courtesy of www.stockcharts.com


PICTURED: The Broker/Dealer Index ($XBD -0.39%) is consolidating above its 50-day moving average (DMA) line which has acted as support.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  66.64 -0.49 -0.72% +50.33%
Integrated Oil $XOI  1,149.67 -0.18 -0.02% +45.07%
Semiconductor $SOX  3,196.40 +37.92 +1.20% +14.34%
Networking $NWX  871.18 +8.56 +0.99% +21.48%
Broker/Dealer $XBD  468.52 -1.82 -0.39% +24.08%
Retail $RLX  3,851.09 +41.84 +1.10% +8.08%
Gold & Silver $XAU  162.78 +3.94 +2.48% +12.89%
Bank $BKX  128.72 -2.39 -1.82% +31.47%
Biotech $BTK  6,022.37 +139.20 +2.37% +4.94%


Medical Research Firm Challenging Prior High

Avantor Inc (AVTR +$1.60 or +5.02% to $33.47 ) finished at the session high with volume +28% above average behind today's big gain. It was highlighted in the earlier mid-day report (read here) yellow with pivot point cited based on its 4/29/21 high plus 10 cents. Found support at its 50 DMA line during the recent consolidation. Subsequent gains above the pivot point backed by at least +40% are needed to trigger a proper technical buy signal.

It has an Earnings Per Share Rating of 97 based on strong fundamentals. The Mar '21 quarter marked its 3rd consecutive quarterly comparison with earnings above the year ago period by at least the +25% minimum guideline (C criteria). Annual earnings growth has been strong (A criteria).

Following its $14 IPO on 5/17/19 it completed Secondary Offerings on 5/21/20, 8/21/20 and 11/09/20. The high-ranked Medical-Research Eqp/Svc firm has seen the number of top-rated funds owning its shares rise from 562 in Jun '20 to 1,001 in Mar '21 a reassuring sign concerning the I criteria. Its current Up/Down Volume ratio of 1.5 is an unbiased indication its shares have been under accumulation over the past 50 days. It has a Timeliness Rating of A and a Sponsorship Rating of B. 


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  
$54.05 -1.51
-2.72%

$56.46

258,087
61.45% of 50 DAV
50 DAV is 420,000
$59.85
-9.69%
5/21/2021 $58.86 PP = $57.91
MB = $60.81
Most Recent Note - 6/10/2021 6:06:19 PM
Y - Testing support at its 50 DMA line ($54.02) with today's 3rd consecutive loss on light volume, still sputtering 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  
$566.47 -27.76
-4.67%

$604.95

537,948
127.78% of 50 DAV
50 DAV is 421,000
$608.84
-6.96%
4/23/2021 $579.70 PP = $577.16
MB = $606.02
Most Recent Note - 6/10/2021 1:02:41 PM
Y - Pulling back this week after inching to new all-time highs with gains 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 ($553) 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  
$132.56 -6.14
-4.43%

$135.83

1,508,721
191.71% of 50 DAV
50 DAV is 787,000
$140.17
-5.43%
5/26/2021 $119.13 PP = $120.34
MB = $126.36
Most Recent Note - 6/10/2021 12:42:05 PM
G - Pulling back from its all-time high with today's gap down and loss on higher volume. Very extended from the previously noted base. 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  
$104.54 -0.64
-0.61%

$105.81

939,718
55.38% of 50 DAV
50 DAV is 1,697,000
$109.91
-4.89%
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  
$53.46 -1.48
-2.69%

$55.20

63,655
65.62% of 50 DAV
50 DAV is 97,000
$69.00
-22.52%
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  
$354.78 +8.87
2.56%

$354.89

386,549
56.02% of 50 DAV
50 DAV is 690,000
$349.13
1.62%
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 : Building New Base After Strong Quarterly Earnings Report - 6/9/2021
 |  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  
$344.62 +0.91
0.26%

$347.92

446,001
67.99% of 50 DAV
50 DAV is 656,000
$364.00
-5.32%
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  
$38.16 -1.02
-2.60%

$39.02

220,377
69.30% of 50 DAV
50 DAV is 318,000
$40.47
-5.71%
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  
$699.94 +17.35
2.54%

$704.78

796,235
86.45% of 50 DAV
50 DAV is 921,000
$692.12
1.13%
5/25/2021 $669.59 PP = $675.75
MB = $709.54
Most Recent Note - 6/10/2021 6:07:25 PM
Y - Hit another new all time high with light volume behind today's gain. 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 ($649) 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  
$98.59 +2.34
2.43%

$99.00

484,711
60.97% of 50 DAV
50 DAV is 795,000
$108.72
-9.32%
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  
$49.57 +1.02
2.10%

$50.00

83,576
85.28% of 50 DAV
50 DAV is 98,000
$52.45
-5.49%
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  
$97.18 -4.24
-4.18%

$100.87

626,526
159.22% of 50 DAV
50 DAV is 393,500
$120.19
-19.14%
5/12/2021 $108.84 PP = $117.16
MB = $123.02
Most Recent Note - 6/10/2021 6:16:23 PM
G -Sank further below its 50 DMA line ($102.55) with heavier volume behind today's damaging loss raising concerns and triggering a technical sell signal. 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  
$147.26 -1.24
-0.84%

$149.58

83,151
170.74% of 50 DAV
50 DAV is 48,700
$177.45
-17.01%
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  
$327.85 -0.44
-0.13%

$332.00

366,735
91.55% of 50 DAV
50 DAV is 400,600
$417.98
-21.56%
4/21/2021 $377.00 PP = $418.08
MB = $438.98
Most Recent Note - 6/10/2021 6:09:56 PM
It will be dropped from the Featured Stocks list tonight after suffering a 7th consecutive small loss. Relative Strength Rating has slumped to 78, below the 80+ minimum guideline for buy candidates. Completed a new Public Offering on 5/19/21. A rebound above its 50 DMA line ($370) 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  
$290.39 -2.97
-1.01%

$296.55

111,991
95.72% of 50 DAV
50 DAV is 117,000
$336.99
-13.83%
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  
$39.95 -0.24
-0.60%

$40.95

59,902
49.10% of 50 DAV
50 DAV is 122,000
$43.64
-8.46%
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  
$69.48 -1.62
-2.28%

$71.55

9,006
72.63% of 50 DAV
50 DAV is 12,400
$73.62
-5.62%
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  
$35.04 -0.32
-0.90%

$35.55

289,135
55.71% of 50 DAV
50 DAV is 519,000
$35.61
-1.60%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 6/10/2021 6:13:56 PM
G - Pulled back today with light volume after quietly wedging to touch a new high on the prior session. Near-term support to watch is its 50 DMA line ($33.51) 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  
$182.91 +1.36
0.75%

$184.08

578,447
50.05% of 50 DAV
50 DAV is 1,155,800
$201.68
-9.31%
4/1/2021 $190.48 PP = $191.92
MB = $201.52
Most Recent Note - 6/10/2021 6:12:20 PM
G - Consolidating in a tight range near its 50 DMA line ($184). Its current Relative Strength Rating is 70, 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  
$91.54 -3.22
-3.40%

$95.76

1,378,836
95.16% of 50 DAV
50 DAV is 1,449,000
$94.98
-3.62%
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  
$26.93 +0.17
0.64%

$27.18

23,927
87.01% of 50 DAV
50 DAV is 27,500
$29.18
-7.71%
5/18/2021 $25.58 PP = $28.06
MB = $29.46
Most Recent Note - 6/10/2021 6:11:08 PM
Y -Still consolidating in a tight range above its 50 DMA line ($26.18). 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 76, below 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  
$25.15 -0.36
-1.41%

$25.83

110,616
62.14% of 50 DAV
50 DAV is 178,000
$26.07
-3.53%
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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StockCharts.com Latest Chart for AVTR AVTR - NYSE
Avantor Inc
Medical-Research Eqp/Svc  
$33.47 +1.60
5.02%

$33.52

4,965,942
127.72% of 50 DAV
50 DAV is 3,888,000
$33.99
-1.53%
6/10/2021 $32.94 PP = $34.09
MB = $35.79
Most Recent Note - 6/10/2021 6:03:23 PM
Y - Finished strong and at the session high with +27% above average volume behind today's big gain after highlighted in yellow in the earlier mid-day report with a pivot point cited based on its 4/29/21 high plus 10 cents. Found support at its 50 DMA line during the recent consolidation. Subsequent gains above the pivot point backed by at least +40% are needed to trigger a proper technical buy signal. The Mar '21 quarter marked its 3rd consecutive quarterly comparison with earnings above the year ago period by at least +25% (C criteria). Annual earnings growth has been strong (A criteria). Following its $14 IPO on 5/17/19 it completed Secondary Offerings on 5/21/20, 8/21/20 and 11/09/20. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Medical Research Firm Challenging Prior High - 6/10/2021
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