Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<Previous Mid Day Report     Next Mid Day Report >>> 
 <<<Previous After Market Report Next After Market Report >>> 
You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - FRIDAY, JUNE 11TH, 2021
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +13.36 34,479.60 +0.04% Volume 824,797,801 -7% Volume 4,129,105,300 -15%
NASDAQ +48.64 14,068.97 +0.35% Advancers 2,147 66% Advancers 2,677 63%
S&P 500 +8.26 4,247.44 +0.19% Decliners 1,107 34% Decliners 1,594 37%
Russell 2000 +24.40 2,335.81 +1.06% 52 Wk Highs 250   52 Wk Highs 170  
S&P 600 +13.55 1,396.25 +0.98% 52 Wk Lows 12   52 Wk Lows 15  

Major Indices Inched Higher With Less Conviction

The Dow added 13 points, paring its weekly decline to 0.8%. The S&P 500 rose 0.2% to a fresh record level, ending the week slightly higher (+0.4%). The Nasdaq Composite advanced 0.4%, capping its fourth consecutive weekly gain (+1.9%), its longest such stretch since the start of this year. The volume totals reported were lighter than the prior session on the NYSE and on the Nasdaq exchange. Advancers led decliners almost a 2-1 margin on the NYSE and 5-3 on the Nasdaq exchange. There were 45 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 39 on the prior session. New 52-week highs totals contracted again 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 Nasdaq Composite Index is perched -1% off its record high.

U.S. stocks edged higher in choppy trading on Friday as market participants weighed Thursday’s inflation report and looked toward next week's Federal Reserve policy decision. Treasuries weakened modestly, with the yield on the 10-year note up one basis point to 1.45%, rising for the first time in four days. Still, the benchmark rate hovered near its lowest level since early March, posting its biggest weekly drop in a year (-11 basis points). On the data front, a preliminary gauge from the University of Michigan showed consumer sentiment improving more than expected in June. The release also revealed an unexpected decline in consumers’ inflationary expectations over the next 12 months. In commodities, WTI crude added 0.7% to $70.79/barrel. COMEX gold slipped 0.9% to $1,876.40/ounce as the U.S. dollar rebounded 0.5%.

Eight of 11 S&P 500 sectors closed in positive territory, with Financials and Tech among the standouts. Health Care lagged despite outperforming on a weekly basis. Vertex Pharmaceuticals (VRTX -10.96%) fell after halting the development of its experimental therapy intended to treat a rare genetic disease. In earnings, Dave & Buster's (PLAY -2.75%) despite posting a surprise profit tally, while Chewy (CHWY -5.81%) fell as a warning about supply chain issues and labor shortages overshadowed otherwise upbeat quarterly figures.

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.


Financial, Retail, Semi, Networking, and Oil Services Indexes Rose

The Broker/Dealer Index ($XBD +1.32%), Bank Index ($BKX +0.43%), and Retail Index ($RLX +0.41%) each posted gains. The Semiconductor Index ($SOX +0.42%) and Networking Index ($NWX +0.46%) both posted modest gains while the Biotech Index ($BTK -0.63%) lost ground. Commodity-linked groups were mixed as the Oil Services Index ($OSX +0.70%) rose and the Integrated Oil Index ($XOI -0.06%) finished flat while the Gold & Silver Index ($XAU -1.65%) lost ground.  

Chart courtesy of www.stockcharts.com


PICTURED: The Networking Index ($NWX +0.46%) is hitting new record highs.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  67.08 +0.47 +0.70% +51.31%
Integrated Oil $XOI  1,149.00 -0.67 -0.06% +44.99%
Semiconductor $SOX  3,209.77 +13.56 +0.42% +14.82%
Networking $NWX  875.21 +4.03 +0.46% +22.04%
Broker/Dealer $XBD  474.72 +6.20 +1.32% +25.72%
Retail $RLX  3,867.05 +15.96 +0.41% +8.53%
Gold & Silver $XAU  160.09 -2.68 -1.65% +11.03%
Bank $BKX  129.28 +0.56 +0.43% +32.03%
Biotech $BTK  5,984.34 -38.03 -0.63% +4.27%


Stalled Yet Found Support at 50-Day Moving Average Line

Meridian Corp (MRBK +$0.08 or +0.30% to $27.01) is still consolidating in a tight range above its 50-day moving average (DMA) line ($26.20). It stalled since reaching a new 52-week high when featured on 5/18/21. The 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 78, below the 80 minimum guideline.  It remains perched within striking distance of its 52-week high. 

MRBK reported Mar '21 earnings +323% on +93% sales revenues versus the year ago period, continuing its strong earnings track record. That marked its 4th quarterly earnings increase well above the +25% minimum guideline (C criteria). It was highlighted in yellow with pivot point cited based on its 12/18/21 high plus 10 cents in the 2/22/21 mid-day report (read here). It was last shown in this FSU section on 5/07/21 with an annotated graph under the headline, "Bank Consolidating Near 50 Day Moving Average Line". 

The thinly-traded company is in the Banks-Northeast industry group which currently has a Group Relative Strength Rating of 86 (A). There are a fair number of other strong leaders (L criteria) in the group. Annual earnings growth (A criteria) has been good since it Nov '17 IPO at $17.

The number of top rated funds that own its shares rose from 30 in Mar '20 to 137 in Mar '21, a reassuring sign concerning the I criteria. The current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days. The small supply of only 6.2 million shares outstanding (S criteria) can contribute to greater 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  
$54.27 +0.22
0.41%

$54.91

387,126
92.17% of 50 DAV
50 DAV is 420,000
$59.85
-9.32%
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  
$561.79 -4.68
-0.83%

$577.84

500,913
118.98% of 50 DAV
50 DAV is 421,000
$608.84
-7.73%
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  
$128.24 -4.32
-3.26%

$129.59

1,447,012
183.86% of 50 DAV
50 DAV is 787,000
$140.17
-8.51%
5/26/2021 $119.13 PP = $120.34
MB = $126.36
Most Recent Note - 6/11/2021 12:43:28 PM
G - Pulling back from its all-time high with today's 2nd consecutive gap down and loss on higher volume. It is extended from the previously noted base. Prior highs in the $120-117 area define support to watch on pullbacks along with its 50 DMA line ($115).
>>> 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  
$108.64 +4.10
3.92%

$108.67

981,801
57.86% of 50 DAV
50 DAV is 1,697,000
$109.91
-1.16%
4/27/2021 $99.81 PP = $86.50
MB = $90.83
Most Recent Note - 6/11/2021 5:40:55 PM
G - Posted a gain today with below average volume for its 2nd best ever close, hovering near is all-time high. Its 50 DMA line ($94.97) 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  
$54.78 +1.32
2.47%

$54.82

33,600
34.64% of 50 DAV
50 DAV is 97,000
$69.00
-20.61%
5/5/2021 $61.65 PP = $61.55
MB = $64.63
Most Recent Note - 6/11/2021 5:44:13 PM
G - Still sputtering below its 50 DMA line ($56.57). 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.
>>> 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  
$352.09 -2.69
-0.76%

$354.92

302,114
43.78% of 50 DAV
50 DAV is 690,000
$349.13
0.85%
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  
$349.18 +4.56
1.32%

$349.63

328,639
50.10% of 50 DAV
50 DAV is 656,000
$364.00
-4.07%
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  
$38.81 +0.65
1.70%

$39.05

128,134
40.29% of 50 DAV
50 DAV is 318,000
$40.47
-4.10%
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  
$697.03 -2.91
-0.42%

$698.94

444,765
48.29% of 50 DAV
50 DAV is 921,000
$692.12
0.71%
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  
$99.62 +1.03
1.04%

$99.85

428,691
53.92% of 50 DAV
50 DAV is 795,000
$108.72
-8.37%
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  
$50.92 +1.35
2.72%

$51.35

121,234
123.71% of 50 DAV
50 DAV is 98,000
$52.45
-2.92%
6/7/2021 $48.74 PP = $52.55
MB = $55.18
Most Recent Note - 6/11/2021 5:43:11 PM
Y - Posted a solid gain with above average volume today. Color code was 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 ($47.38). 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  
$98.60 +1.42
1.46%

$99.29

260,330
65.77% of 50 DAV
50 DAV is 395,800
$120.19
-17.96%
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  
$149.38 +2.12
1.44%

$150.84

39,543
79.88% of 50 DAV
50 DAV is 49,500
$177.45
-15.82%
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 MED MED - NYSE
Medifast Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$289.49 -0.90
-0.31%

$294.42

129,274
110.49% of 50 DAV
50 DAV is 117,000
$336.99
-14.10%
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 
StockCharts.com Latest Chart for CLFD CLFD - NASDAQ
Clearfield Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$41.85 +1.90
4.76%

$42.98

245,895
201.55% of 50 DAV
50 DAV is 122,000
$43.64
-4.10%
6/4/2021 $40.01 PP = $40.36
MB = $42.38
Most Recent Note - 6/11/2021 5:39:42 PM
Y - Perched near its 52-week high after today's big volume-driven gain. Big gain on 6/04/21 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 ($35.38) 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 
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 FSBW FSBW - NASDAQ
F S Bancorp
Banks-West/Southwest  
$70.70 +1.22
1.76%

$71.08

11,479
92.57% of 50 DAV
50 DAV is 12,400
$73.62
-3.97%
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  
$35.19 +0.15
0.43%

$35.47

249,782
48.13% of 50 DAV
50 DAV is 519,000
$35.61
-1.18%
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  
$183.31 +0.40
0.22%

$183.75

524,569
45.52% of 50 DAV
50 DAV is 1,152,400
$201.68
-9.11%
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  
$94.97 +3.43
3.75%

$95.00

776,913
53.62% of 50 DAV
50 DAV is 1,449,000
$94.98
-0.01%
5/13/2021 $84.20 PP = $90.65
MB = $95.18
Most Recent Note - 6/11/2021 5:45:42 PM
Y - Perched at its all-time high following with today's gain with light volume. Its 50 DMA line ($85.84) 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
 |  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 MRBK MRBK - NASDAQ
Meridian Corp
Banks-Northeast  
$27.01 +0.08
0.30%

$27.03

14,608
54.10% of 50 DAV
50 DAV is 27,000
$29.18
-7.44%
5/18/2021 $25.58 PP = $28.06
MB = $29.46
Most Recent Note - 6/11/2021 5:38:07 PM
Y - Still consolidating in a tight range above its 50 DMA line ($26.20). 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 78, below the 80 minimum guideline. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Stalled Yet Found Support at 50-Day Moving Average Line - 6/11/2021
 |  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 CLAR CLAR - NASDAQ
Clarus Corporation
Leisure-Products  
$25.46 +0.31
1.23%

$25.53

87,632
49.23% of 50 DAV
50 DAV is 178,000
$26.07
-2.34%
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
 |  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 AVTR AVTR - NYSE
Avantor Inc
Medical-Research Eqp/Svc  
$33.42 -0.05
-0.15%

$33.52

4,096,888
105.37% of 50 DAV
50 DAV is 3,888,000
$33.99
-1.68%
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
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 

THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. This site is not an investment advisor, hence it does not endorse or recommend any securities or other investments. 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. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us