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AFTER MARKET UPDATE - TUESDAY, JUNE 15TH, 2021
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Indices NYSE Nasdaq
DOW  -94.42 34,299.33 -0.27% Volume 865,158,036 -2% Volume 4,502,506,600 +3%
NASDAQ -98.40 14,075.75 -0.69% Advancers 1,529 47% Advancers 1,626 38%
S&P 500 -8.56 4,246.59 -0.20% Decliners 1,708 53% Decliners 2,646 62%
Russell 2000 -6.07 2,320.07 -0.26% 52 Wk Highs 183   52 Wk Highs 136  
S&P 600 +3.13 1,390.45 +0.23% 52 Wk Lows 14   52 Wk Lows 20  

Leadership Waned as Major Indices Drifted Lower

Both the S&P 500 and Nasdaq Composite drifted from their record closing levels set on Monday, down 0.2% and 0.7%, respectively. The Dow fell 94 points. The volume totals reported were mixed, lighter than the prior session on the NYSE and higher on the Nasdaq exchange. Decliners led advancers by a narrow margin on the NYSE and by a 5-3 margin on the Nasdaq exchange. There were 36 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 44 on the prior session. New 52-week highs totals contracted yet 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 is quietly perched at its record high. Its 50-day moving average (DMA) line acted as support during prior consolidations.

U.S. stocks finished lower on Tuesday, as investors assessed a slew of economic data ahead of tomorrow’s Federal Reserve policy decision.  Treasuries were little changed, with the yield on the 10-year note holding steady at 1.49%.

On the data front, retail sales fell 1.3% in May, disappointing estimates calling for an 0.8% decline. However, April’s flat reading was upwardly revised to 0.9%. Separately, the producer price index (PPI) jumped a bigger-than-expected 6.6% year-over-year last month, accelerating from April's 6.2% gain and representing the largest increase since November 2010. Additionally, a gauge of homebuilder sentiment from the NAHB unexpectedly fell to its lowest point in 10 months in June. Rounding out the docket, manufacturing and industrial production both increased more than forecasted in May. In commodities, copper prices slid to the lowest level in eight weeks on speculation China may gradually release some of its stockpiles of the industrial metal.

Seven of 11 S&P 500 sectors closed in negative territory, with the Real Estate, Information Technology, and Communication Services groups leading decliners. Energy shares outperformed as WTI crude bucked an overall downtrend in commodity prices, climbing 2% to $72.25/barrel, its strongest level since 2018. Exxon Mobil (XOM +3.69%) rose after being the subject of positive analyst comments. In other corporate news, Sage Therapeutics (SAGE -19.30%)sank as investors reacted to trial data of the company’s experiential depression drug. Elsewhere, Fastenal (FAST -2.22%) fell on the heels of an analyst downgrade.

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 and Energy-Linked Indexes Rose

Financials has a positive bias as the Broker/Dealer Index ($XBD +0.63%) and Bank Index ($BKX +0.53%) both edged higher. The Retail Index ($RLX -0.18%) ended slightly in the red. The tech sector had a negative bias as the Biotech Index ($BTK -1.19%), Semiconductor Index ($SOX -0.98%), and Networking Index ($NWX -1.14%) suffered unanimous losses.  Commodity-linked groups were mixed as the Gold & Silver Index ($XAU -1.49%) fell while strength in energy shares helped the Oil Services Index ($OSX +3.00%) and Integrated Oil Index ($XOI +1.80%) both post solid gains. 

Chart courtesy of www.stockcharts.com
PICTURED: The Oil Services Index ($OSX +3.00%) is consolidating after rallying above its March high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  68.11 +1.98 +3.00% +53.65%
Integrated Oil $XOI  1,171.66 +20.77 +1.80% +47.85%
Semiconductor $SOX  3,223.54 -31.80 -0.98% +15.31%
Networking $NWX  862.04 -9.98 -1.14% +20.21%
Broker/Dealer $XBD  473.56 +2.94 +0.63% +25.41%
Retail $RLX  3,876.44 -7.14 -0.18% +8.79%
Gold & Silver $XAU  156.63 -2.37 -1.49% +8.62%
Bank $BKX  127.92 +0.67 +0.53% +30.65%
Biotech $BTK  5,908.84 -71.07 -1.19% +2.96%


Halted 10-Session Losing Streak Near Prior High and 50 DMA

Medifast Inc (MED +$2.21 or +0.79% to $282.18) halted its slide with a gain today after 10 consecutive losses with near average volume. Its color code was changed to yellow while testing the prior high in the $279 area which defines initial support to watch above its 50-day moving average (DMA) line ($272). More damaging losses would raise greater concerns.

MED was highlighted in yellow in the 5/11/21 mid-day report (read here) with pivot point cited based on its 2/16/21 high plus 10 cents.  It was shown in this FSU section that evening with an annotated graph under the headline, "Held Ground Following Breakout Gain on Prior Session"

Recently it reported Mar '21 quarterly earnings +79% on +91% sales revenues versus the year ago period, marking its 3rd consecutive quarterly comparison above the +25% minimum guideline (C criteria), helping it better match with winning models of the fact-based investment system. Annual earnings (A criteria) history has been strong.

The Cosmetics - Personal Care firm has only 11.8 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 425 in Jun '20 to 540 in Mar '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.1 is an unbiased indication its shares have been under accumulation over the past 50 days.
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  
$54.85 +1.11
2.07%

$55.20

289,723
69.81% of 50 DAV
50 DAV is 415,000
$59.85
-8.35%
5/21/2021 $58.86 PP = $57.91
MB = $60.81
Most Recent Note - 6/15/2021 4:31:01 PM
Y - Found prompt support at its 50 DMA line ($54.10) with today's gain backed by 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  
$550.23 +4.49
0.82%

$552.17

363,213
89.02% of 50 DAV
50 DAV is 408,000
$608.84
-9.63%
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  
$128.56 -0.43
-0.33%

$130.67

493,955
59.30% of 50 DAV
50 DAV is 833,000
$140.17
-8.28%
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  
$110.57 -2.01
-1.79%

$112.99

1,313,320
75.91% of 50 DAV
50 DAV is 1,730,000
$115.37
-4.16%
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  
$54.47 +0.79
1.47%

$55.01

51,648
56.76% of 50 DAV
50 DAV is 91,000
$69.00
-21.06%
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  
$354.36 -0.97
-0.27%

$356.35

288,841
42.17% of 50 DAV
50 DAV is 685,000
$355.69
-0.37%
6/9/2021 $345.91 PP = $349.23
MB = $366.69
Most Recent Note - 6/15/2021 4:20:45 PM
Y - Posted recent gains with below average volume, wedging to new highs. Gains above the pivot point backed by at least +40% above average volume are needed to trigger a proper new (or add-on) technical buy signal. Its 50 DMA line ($329) defines near-term support to watch on pullbacks. Two of the past 3 quarterly comparisons through Mar '21 have been above the +25% minimum earnings guideline (C criteria).
>>> 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  
$362.26 +7.17
2.02%

$362.39

775,279
122.28% of 50 DAV
50 DAV is 634,000
$364.00
-0.48%
6/8/2021 $348.46 PP = $342.38
MB = $359.50
Most Recent Note - 6/15/2021 4:26:50 PM
Y - Managed its 2nd best ever close with +22% above average volume behind today's 4th consecutive gain. 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  
$37.18 -1.46
-3.78%

$38.35

271,048
86.32% of 50 DAV
50 DAV is 314,000
$40.47
-8.13%
4/28/2021 $35.03 PP = $35.34
MB = $37.11
Most Recent Note - 6/15/2021 4:07:47 PM
G - Pulling back from its 52-week high. Prior highs in the $35-36 area define initial support to watch above its 50 DMA line ($33.32).
>>> 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  
$701.78 -7.55
-1.06%

$710.97

507,627
58.48% of 50 DAV
50 DAV is 868,000
$709.63
-1.11%
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  
$99.17 -1.78
-1.76%

$101.65

646,401
82.24% of 50 DAV
50 DAV is 786,000
$108.72
-8.78%
4/5/2021 $99.31 PP = $91.88
MB = $96.47
Most Recent Note - 6/15/2021 4:02:21 PM
G - Consolidating above its 50 DMA line ($97.52) 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  
$54.97 +3.86
7.55%

$55.00

228,049
232.70% of 50 DAV
50 DAV is 98,000
$52.45
4.80%
6/7/2021 $48.74 PP = $52.55
MB = $55.18
Most Recent Note - 6/15/2021 3:59:00 PM
Y - Powering into new high territory with heavy volume behind today's big gain, clearing the pivot point cited based on its 5/03/21 high plus 10 cents, triggering 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 CRMT CRMT - NASDAQ
Americas Car-Mart Inc
SPECIALTY RETAIL - Auto Dealerships  
$146.75 -0.11
-0.07%

$147.66

39,981
80.93% of 50 DAV
50 DAV is 49,400
$177.45
-17.30%
5/25/2021 $159.80 PP = $165.10
MB = $173.36
Most Recent Note - 6/15/2021 4:23:30 PM
G - Failing to rebound after slumping below its 50 DMA line ($151.41) with volume-driven losses. Its Relative Strength Rating has slumped to 70, below the 80+ minimum guideline for buy candidates. 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  
$282.18 +2.21
0.79%

$284.99

126,600
110.09% of 50 DAV
50 DAV is 115,000
$336.99
-16.26%
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 : Halted 10-Session Losing Streak Near Prior High and 50 DMA - 6/15/2021
 |  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  
$34.87 -1.63
-4.47%

$37.00

196,399
147.67% of 50 DAV
50 DAV is 133,000
$43.64
-20.10%
6/4/2021 $40.01 PP = $40.36
MB = $42.38
Most Recent Note - 6/15/2021 4:12:17 PM
G - Fell abruptly from its 52-week high, and color code is changed to green after violating its 50 DMA line ($35.56) with 2 damaging losses on above average volume. Only a prompt rebound above the 50 DMA line would help its outlook improve. 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 
StockCharts.com Latest Chart for FSBW FSBW - NASDAQ
F S Bancorp
Banks-West/Southwest  
$70.35 +0.32
0.46%

$70.85

9,915
82.63% of 50 DAV
50 DAV is 12,000
$73.62
-4.44%
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 
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 SMPL SMPL - NASDAQ
Simply Good Foods Co
Food-Confectionery  
$35.46 +0.00
0.00%

$36.15

613,107
122.62% of 50 DAV
50 DAV is 500,000
$35.61
-0.42%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 6/15/2021 12:49:51 PM
G - Posting another small gain today without great volume conviction, quietly wedging into new high territory. Near-term support to watch is its 50 DMA line ($33.88) 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 an 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  
$181.91 -3.03
-1.64%

$186.26

647,867
58.18% of 50 DAV
50 DAV is 1,113,600
$201.68
-9.80%
4/1/2021 $190.48 PP = $191.92
MB = $201.52
Most Recent Note - 6/15/2021 4:28:58 PM
G - Sputtering below its 50 DMA line ($184) which has been acting as resistance. Its current Relative Strength Rating is 72, 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  
$92.54 -1.92
-2.03%

$94.73

805,975
54.87% of 50 DAV
50 DAV is 1,469,000
$95.76
-3.36%
5/13/2021 $84.20 PP = $90.65
MB = $95.18
Most Recent Note - 6/15/2021 4:16:01 PM
Y - Volume totals have been cooling while hovering near its all-time high. Its 50 DMA line ($86.65) 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  
$27.10 +0.39
1.46%

$27.27

20,933
77.53% of 50 DAV
50 DAV is 27,000
$29.18
-7.13%
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 
StockCharts.com Latest Chart for CLAR CLAR - NASDAQ
Clarus Corporation
Leisure-Products  
$24.27 -0.64
-2.57%

$24.90

141,749
82.89% of 50 DAV
50 DAV is 171,000
$26.07
-6.90%
5/12/2021 $21.40 PP = $19.73
MB = $20.72
Most Recent Note - 6/15/2021 4:09:31 PM
G - Pulling back from its 52-week high, still very extended from the previously noted base. Its 50 DMA line ($20.82) 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 
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 AVTR AVTR - NYSE
Avantor Inc
Medical-Research Eqp/Svc  
$33.23 -0.11
-0.33%

$33.85

3,888,008
99.34% of 50 DAV
50 DAV is 3,914,000
$33.99
-2.24%
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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