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 - MONDAY, JUNE 14TH, 2021
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -85.85 34,393.75 -0.25% Volume 881,455,628 +7% Volume 4,365,131,400 +6%
NASDAQ +102.62 14,172.04 +0.73% Advancers 1,503 46% Advancers 2,029 47%
S&P 500 +7.71 4,255.15 +0.18% Decliners 1,761 54% Decliners 2,276 53%
Russell 2000 -9.66 2,326.15 -0.41% 52 Wk Highs 272   52 Wk Highs 222  
S&P 600 -8.93 1,387.32 -0.64% 52 Wk Lows 12   52 Wk Lows 22  

Nasdaq Composite and S&P 500 Indexes Hit New Record Highs

The S&P 500 gained 0.2%, ending at a fresh all-time high, while the Dow lost 85 points. The Nasdaq Composite was up 0.7%, closing at a new record for the first time since April and having risen in six of the past seven trading sessions. Tech and growth-related shares continued to outperform their more cyclical and value-oriented counterparts, with the Russell 1000 Growth Index advancing 0.6%, and the Russell 1000 Value Index declining 0.7%. The volume totals reported were higher than the prior session on the NYSE and on the Nasdaq exchange. Decliners led advancers by a narrow margin on the NYSE and on the Nasdaq exchange. There were 44 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 45 on the prior session. New 52-week highs totals expanded and 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 is -2% off its record high, slumping near its 50-day moving average (DMA) line which acted as support during prior consolidations.

U.S. stocks finished mostly higher on Monday as investors awaited the Federal Reserve’s policy decision, due Wednesday afternoon. While no change to the current level of monetary stimulus is anticipated, Fed Chair Jerome Powell’s post-meeting press conference will be closely watched for any clues concerning the timing of tapering asset purchases. 

Six of 11 S&P 500 sectors closed in positive territory, with Technology and Communication Services outperforming. Apple (AAPL +2.46%) and Netflix (NFLX +2.28%) rose. Materials and Financials declined the most. Banks lagged despite a bounce in Treasury yields, with JPMorgan Chase & Co (JPM -1.70%) falling on lower net interest income projections and a larger-than-anticipated forecasted drop in trading revenue.

Treasuries weakened, with the yield on the 10-year note up four basis points to 1.49%, rebounding after touching its lowest level since early March last week. In commodities, WTI crude closed up 0.1% but eased from a more than two-and-a-half-year high. Bitcoin touched the $40,000 level for the first time since May, but pared its advance despite Tesla (TSLA +1.28%) CEO Elon Musk saying over the weekend that his company would resume cryptocurrency transactions involving miners who utilize more renewable energy.

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 Index and Semiconductor Indexes Posted Gains

The Broker/Dealer Index ($XBD -0.86%) and Bank Index ($BKX -1.57%) both created a drag on the major averages while the Retail Index ($RLX +0.43%) posted a modest gain. The Semiconductor Index ($SOX +1.38%) led the tech sector while the Networking Index ($NWX -0.36%) and the  Biotech Index ($BTK -0.07%) both ended slightly in the red. The Gold & Silver Index ($XAU -0.72%) and Oil Services Index ($OSX -1.46%) both lost ground while the Integrated Oil Index ($XOI +0.17%) eked out a small gain.

Chart courtesy of www.stockcharts.com


PICTURED: The Gold & Silver Index ($XAU -0.72%) is consolidating above its January high and above its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  66.11 -0.98 -1.46% +49.13%
Integrated Oil $XOI  1,150.90 +1.90 +0.17% +45.23%
Semiconductor $SOX  3,254.23 +44.17 +1.38% +16.41%
Networking $NWX  872.02 -3.19 -0.36% +21.60%
Broker/Dealer $XBD  470.62 -4.10 -0.86% +24.63%
Retail $RLX  3,883.58 +16.53 +0.43% +8.99%
Gold & Silver $XAU  158.94 -1.15 -0.72% +10.23%
Bank $BKX  127.25 -2.03 -1.57% +29.97%
Biotech $BTK  5,979.91 -4.43 -0.07% +4.20%


Simply Wedging Into New High Territory

Simply Good Foods Co (SMPL +$0.27 or +0.77% to $35.46) posted a small gain today with light volume, quietly wedging into new high territory. It has been meeting stubborn resistance in the $35 area.  Near-term support to watch is its 50-day moving average (DMA) line ($33.79) and the prior low ($31.09 on 5/18/21).

It 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. 
The prior 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria) and its annual earnings history (A criteria) has been strong. It has an 85 Earnings Per Share Rating.

Its current Relative Strength Rating is 83, above the 80+ minimum guideline for buy candidates. SMPL completed a new Pubic Offering on 10/09/19. The company has a Timeliness Rating of C and Sponsorship Rating of C. The number of top-rated funds owning its shares rose from 357 in Dec '20 to 390 in Mar '21.  Its current Up/Down Volume Ratio of 1.5 is an unbiased indication its shares have been under slight accumulation over the past 50 days. 

SMPL was last shown in this FSU section on 5/10/21 with an annotated graph included under the headline, "Hovering Near All-Time High Following Lackluster Quarter". It was first highlighted in yellow with pivot point cited based on its 9/09/19 high plus 10 cents in the 12/28/20 mid-day report (read here).

Some leadership has been provided by other companies in the Food/Beverage Sector, however, the Food-Confectionery industry group has a Group Relative Strength Rating of 27 (C-) which is a concern regarding the L criteria. There are only 5 companies listed in the group.

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  
$53.74 -0.53
-0.98%

$54.91

352,518
85.15% of 50 DAV
50 DAV is 414,000
$59.85
-10.21%
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  
$545.74 -16.05
-2.86%

$559.24

633,469
153.01% of 50 DAV
50 DAV is 414,000
$608.84
-10.36%
4/23/2021 $579.70 PP = $577.16
MB = $606.02
Most Recent Note - 6/14/2021 12:23:18 PM
G - Undercutting its 50 DMA line ($556.17) with today's 4th consecutive loss raising concerns and its color code is changed to green. A prompt rebound above its 50 DMA line is needed for its outlook to improve. 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. 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  
$128.99 +0.75
0.58%

$129.74

726,686
87.87% of 50 DAV
50 DAV is 827,000
$140.17
-7.98%
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  
$112.58 +3.94
3.63%

$115.37

2,490,019
146.56% of 50 DAV
50 DAV is 1,699,000
$109.91
2.43%
6/14/2021 $112.64 PP = $110.01
MB = $115.51
Most Recent Note - 6/14/2021 12:00:48 PM
Y - Gapped up today for a new all-time high clearing a short 5-week base. Color code is changed to yellow with new pivot point cited based on its 5/10/21 high plus 10 cents. A gain and strong close above its pivot point backed by at least +40% above average volume may clinch a proper new (or add-on) technical buy signal. Its 50 DMA line ($95.64) 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  
$53.68 -1.10
-2.01%

$55.00

63,723
68.52% of 50 DAV
50 DAV is 93,000
$69.00
-22.20%
5/5/2021 $61.65 PP = $61.55
MB = $64.63
Most Recent Note - 6/14/2021 5:26:49 PM
G - Still sputtering below its 50 DMA line ($56.50). 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  
$355.33 +3.24
0.92%

$355.69

257,994
37.61% of 50 DAV
50 DAV is 686,000
$354.92
0.12%
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  
$355.09 +5.91
1.69%

$356.36

523,370
82.03% of 50 DAV
50 DAV is 638,000
$364.00
-2.45%
6/8/2021 $348.46 PP = $342.38
MB = $359.50
Most Recent Note - 6/14/2021 5:15:50 PM
Y - Posted a 3rd consecutive gain today with below average volume. 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.
>>> 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  
$38.64 -0.17
-0.44%

$39.24

253,193
79.62% of 50 DAV
50 DAV is 318,000
$40.47
-4.52%
4/28/2021 $35.03 PP = $35.34
MB = $37.11
Most Recent Note - 6/14/2021 5:19:55 PM
G - Stubbornly holding its ground near its 52-week high. It abruptly rebounded above its 50 DMA line ($33.25) 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  
$709.33 +12.30
1.76%

$709.63

635,946
71.21% of 50 DAV
50 DAV is 893,000
$704.78
0.65%
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  
$100.95 +1.33
1.34%

$104.31

894,861
114.14% of 50 DAV
50 DAV is 784,000
$108.72
-7.15%
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  
$51.11 +0.19
0.37%

$51.46

117,617
120.02% of 50 DAV
50 DAV is 98,000
$52.45
-2.55%
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  
$95.29 -3.31
-3.36%

$99.12

501,125
127.71% of 50 DAV
50 DAV is 392,400
$120.19
-20.72%
5/12/2021 $108.84 PP = $117.16
MB = $123.02
Most Recent Note - 6/14/2021 5:25:14 PM
Sank further below its 50 DMA line ($102.70) with heavier volume behind today's damaging loss testing its 200 DMA line ($94.93). A prompt rebound above the 50 DMA line is needed for its outlook to improve. Relative Strength Rating has slumped to 37. It will be dropped from the Featured Stocks list tonight.
>>> 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  
$146.86 -2.52
-1.69%

$151.16

47,586
96.72% of 50 DAV
50 DAV is 49,200
$177.45
-17.24%
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  
$279.97 -9.52
-3.29%

$291.00

115,822
99.85% of 50 DAV
50 DAV is 116,000
$336.99
-16.92%
5/11/2021 $285.72 PP = $279.56
MB = $293.54
Most Recent Note - 6/14/2021 5:18:20 PM
Y - Pulled back today for a 10th consecutive loss with near average volume. Color code is changed to yellow while testing the prior high in the $279 area which defines initial support to watch above its 50 DMA line ($271). More damaging losses would raise greater concerns.
>>> 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  
$36.50 -5.35
-12.78%

$41.97

482,776
386.22% of 50 DAV
50 DAV is 125,000
$43.64
-16.36%
6/4/2021 $40.01 PP = $40.36
MB = $42.38
Most Recent Note - 6/14/2021 5:22:42 PM
Y - Fell abruptly from its 52-week high, testing its 50 DMA line ($35.49) with today's damaging loss on heavy volume. Prior low defines the next important near-term support in the $33 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  
$70.03 -0.67
-0.95%

$70.58

6,961
58.01% of 50 DAV
50 DAV is 12,000
$73.62
-4.88%
5/18/2021 $70.16 PP = $73.72
MB = $77.41
Most Recent Note - 6/14/2021 5:14:27 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 ($68.91) 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  
$35.46 +0.27
0.77%

$35.49

293,443
58.11% of 50 DAV
50 DAV is 505,000
$35.61
-0.42%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 6/14/2021 5:13:10 PM
G - Posted a small gain today with light volume, quietly wedging into new high territory. Near-term support to watch is its 50 DMA line ($33.79) 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. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Simply Wedging Into New High Territory - 6/14/2021
 |  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  
$184.94 +1.63
0.89%

$185.85

607,632
53.27% of 50 DAV
50 DAV is 1,140,700
$201.68
-8.30%
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  
$94.46 -0.51
-0.54%

$95.75

1,109,406
75.93% of 50 DAV
50 DAV is 1,461,000
$95.76
-1.36%
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  
$26.71 -0.30
-1.11%

$27.22

38,288
141.81% of 50 DAV
50 DAV is 27,000
$29.18
-8.46%
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  
$24.91 -0.55
-2.16%

$25.42

124,765
72.12% of 50 DAV
50 DAV is 173,000
$26.07
-4.45%
5/12/2021 $21.40 PP = $19.73
MB = $20.72
Most Recent Note - 6/14/2021 4:57:44 PM
G - Perched near its 52-week high, very extended from the previously noted base. Its 50 DMA line ($20.69) and prior high ($19.63 on 3/09/21) define support to watch.
>>> 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  
$33.34 -0.08
-0.24%

$33.54

3,544,759
91.12% of 50 DAV
50 DAV is 3,890,000
$33.99
-1.91%
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