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AFTER MARKET UPDATE - FRIDAY, JUNE 18TH, 2021
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Indices NYSE Nasdaq
DOW  -533.37 33,290.08 -1.58% Volume 2,714,182,600 +127% Volume 6,107,625,300 +35%
NASDAQ -136.49 14,024.86 -0.96% Advancers 826 26% Advancers 1,295 32%
S&P 500 -55.41 4,166.45 -1.31% Decliners 2,386 74% Decliners 2,784 68%
Russell 2000 -49.71 2,237.75 -2.17% 52 Wk Highs 75   52 Wk Highs 78  
S&P 600 -25.51 1,364.06 -1.84% 52 Wk Lows 29   52 Wk Lows 53  

Leadership Thinned as Major Indices Fell With Heavier Volume

The Dow slumped 533 points, capping its worst week since late January (-3.5%). The S&P 500 fell 1.3%, snapping a three-week stretch of gains with a 1.9% weekly loss. The Nasdaq Composite slid 0.9%, posting its first weekly decline in five weeks (-0.3%). The volume totals reported were higher than the prior session on the NYSE and lighter on the Nasdaq exchange, inflated by options expirations. Breadth was negative as decliners led advancers by almost a 3-1 margin on the NYSE and by more than a 2-1 margin on the Nasdaq exchange. There were 17 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 43 on the prior session. New 52-week highs totals contracted yet still outnumbered new 52-week lows totals on the NYSE and on the Nasdaq exchange. The major indices (M criteria) are in an uptrend. 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 violated its 50-day moving average (DMA) line with losses on higher volume raising concerns.

U.S. stocks finished firmly lower on Friday as investors parsed Fed commentary for clues into the path of future monetary policy. St. Louis Federal Reserve President Bullard said high inflation may warrant the U.S. central bank to begin raising rates in late 2022, earlier than the Fed’s median projections calling for two rate hikes in 2023. 

The U.S. dollar added 0.4% against a basket of its peers, jumping to a two-month high and posting a 2% weekly rally. Strength in the greenback weighed on gold, with the yellow metal extending its weekly drop to 5.8%. Treasuries were mixed, with the yield curve continuing to flatten. The yield on the more Fed-sensitive two-year note jumped four basis points to 0.25%, while the 10-year note rate fell seven basis points to 1.44%. Volatility was likely further exacerbated today, as options and futures on indexes and equities expired in a quarterly event known as “triple witching.”

All 11 S&P 500 sectors closed in negative territory, with Energy stocks leading laggards despite WTI crude rising for a fourth consecutive week. Financials also underperformed, as banks came under pressure amid a flatter yield curve. The KBW Bank Index capped a 7.8% weekly decline. In earnings, Adobe (ADBE +2.58%) rose after issuing upbeat forward guidance following a top and bottom line beat.

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, Tech, and Commodity-Linked Groups Led Decliners

Financials had a negative influence on the major averages as the Broker/Dealer Index ($XBD -2.73%) and Bank Index ($BKX -2.58%) both lost ground. The Semiconductor Index ($SOX -2.44%) and Networking Index ($NWX -2.50%) both suffered large losses while the Biotech Index ($BTK -0.08%) finished flat. The Retail Index ($RLX -0.31%) also edged lower.  Commodity-linked groups had a negative bias as the Gold & Silver Index ($XAU -2.35%), Oil Services Index ($OSX -2.24%), and Integrated Oil Index ($XOI -2.83%) ended unanimously lower. 

Chart courtesy of www.stockcharts.com


PICTURED: The Semiconductor Index ($SOX -2.44%) pulled back near its 50-day moving average line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  62.88 -1.44 -2.24% +41.84%
Integrated Oil $XOI  1,090.60 -31.79 -2.83% +37.62%
Semiconductor $SOX  3,152.81 -78.90 -2.44% +12.78%
Networking $NWX  831.53 -21.36 -2.50% +15.95%
Broker/Dealer $XBD  454.96 -12.79 -2.73% +20.49%
Retail $RLX  3,918.72 -12.28 -0.31% +9.98%
Gold & Silver $XAU  141.82 -3.41 -2.35% -1.65%
Bank $BKX  119.16 -3.16 -2.58% +21.70%
Biotech $BTK  5,911.36 -4.62 -0.08% +3.00%


Abrupt Slump Back Into Latest Base With 2 Volume-Driven Losses

Oppenheimer Holdings Inc (OPY -$4.11 or -7.73% to $49.03) pulled back abruptly with above average volume behind 2 consecutive losses, slumping below prior highs and back into the prior base raising concerns. A new base had formed after it was last shown in the FSU section on 5/17/21 with an annotated graph under the headline, "Extended From Any Sound Base After Decent Rally"Its 50-day moving average (DMA) line ($48.48) defines important near term support. Fundamentals remain strong.

Bullish action came after it reported Mar '21 quarterly earnings +402% on +59% sales revenues versus the year ago period. It showed strong earnings increases over the year ago period in the past 4 quarterly comparisons. Annual earnings (A criteria) growth has been strong after a downturn and losses in FY '15 & '16." It has the highest possible Earnings Per Share Rating of 99.

OPY traded up as much as +43.13% since first highlighted in yellow with pivot point cited based on its 2/05/21 high plus 10 cents in the 2/25/21 mid-day report (read here). The company hails from the FINANCIAL SERVICES - Investment Brokerage - Regional industry group which is now ranked 44th on the 197 Industry Groups list (L criteria). There is a small supply of only 9.2 million shares in the publicly traded float (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 reportedly fell from 212 in Jun '20 to 215 in Mar '21, however, its current Up/Down Volume Ratio of 1.8 is an unbiased indication its shares have been under slight accumulation over the past 50 days (I criteria).

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  
$50.03 -2.88
-5.44%

$52.50

1,405,594
340.34% of 50 DAV
50 DAV is 413,000
$59.85
-16.41%
5/21/2021 $58.86 PP = $57.91
MB = $60.81
Most Recent Note - 6/18/2021 3:23:27 PM
G - Gapped down today for a more damaging loss, slumping below the prior low ($52.42 on 5/26/21) raising greater concerns and triggering a worrisome technical sell signal. Only a prompt rebound above the 50 DMA line (54.15) would help its outlook improve.
>>> 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  
$530.96 -14.42
-2.64%

$544.61

749,336
180.13% of 50 DAV
50 DAV is 416,000
$608.84
-12.79%
4/23/2021 $579.70 PP = $577.16
MB = $606.02
Most Recent Note - 6/17/2021 6:19:34 PM
G - Undercut its 50 DMA line ($560) again with today's big loss raising concerns. 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  
$123.78 -2.35
-1.86%

$125.45

1,017,838
123.08% of 50 DAV
50 DAV is 827,000
$140.17
-11.69%
5/26/2021 $119.13 PP = $120.34
MB = $126.36
Most Recent Note - 6/17/2021 6:26:39 PM
G - Pulled back from its all-time high, slumping near its previously noted "max buy" level. Prior highs in the $120-117 area define support to watch on pullbacks along with its 50 DMA line ($116.52).
>>> 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  
$104.50 -3.71
-3.43%

$107.94

1,884,251
107.79% of 50 DAV
50 DAV is 1,748,000
$115.37
-9.42%
6/14/2021 $112.64 PP = $110.01
MB = $115.51
Most Recent Note - 6/18/2021 3:32:37 PM
Y - Stalled after hitting a new all-time high on 6/14/21 and it is slumping back into the previously noted base with today's 4th consecutive loss on lighter than average volume. Its 50 DMA line ($97.79) defines initial support above the prior low ($94.92 on 5/20/21).
>>> 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  
$53.82 -0.72
-1.32%

$55.00

109,260
125.59% of 50 DAV
50 DAV is 87,000
$69.00
-22.00%
5/5/2021 $61.65 PP = $61.55
MB = $64.63
Most Recent Note - 6/18/2021 4:46:17 PM
G - Still sputtering below its 50 DMA line ($56.29). 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  
$353.70 -4.08
-1.14%

$357.79

1,262,608
184.59% of 50 DAV
50 DAV is 684,000
$359.56
-1.63%
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  
$386.40 +7.46
1.97%

$391.62

1,420,352
215.53% of 50 DAV
50 DAV is 659,000
$381.01
1.41%
6/8/2021 $348.46 PP = $342.38
MB = $359.50
Most Recent Note - 6/18/2021 4:48:00 PM
G - Getting more extended from the previously noted base, it hit another new all-time high with +111% above average volume behind today's 7th consecutive gain. Prior highs define initial support to watch on pullbacks. Fundamentals remain strong.
>>> 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  
$36.19 -0.66
-1.79%

$36.80

662,664
209.04% of 50 DAV
50 DAV is 317,000
$40.47
-10.58%
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  
$671.07 -27.76
-3.97%

$687.20

1,674,172
201.22% of 50 DAV
50 DAV is 832,000
$710.97
-5.61%
5/25/2021 $669.59 PP = $675.75
MB = $709.54
Most Recent Note - 6/18/2021 3:25:36 PM
Y - Gapped down today retreating from its all time high and testing the prior high ($675) with a big loss on heavier volume. 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 ($657) defines important near-term support to watch.
>>> 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  
$91.68 -5.48
-5.64%

$95.78

2,165,123
285.26% of 50 DAV
50 DAV is 759,000
$108.72
-15.67%
4/5/2021 $99.31 PP = $91.88
MB = $96.47
Most Recent Note - 6/18/2021 3:20:54 PM
G - Gapped down today slumping well below its 50 DMA line ($97.31) with a big loss raising concerns. Only a prompt rebound above the 50 DMA line would help its outlook improve. More damaging losses below the recent low ($86.12 on 5/12/21) would trigger a more worrisome technical sell signal.
>>> 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  
$49.03 -4.11
-7.73%

$52.82

210,175
196.43% of 50 DAV
50 DAV is 107,000
$55.75
-12.05%
6/7/2021 $48.74 PP = $52.55
MB = $55.18
Most Recent Note - 6/18/2021 4:51:38 PM
Y - Pulled back abruptly with above average volume behind 2 consecutive losses, slumping below prior highs and back into the prior base raising concerns. Its 50 DMA line ($48.48) defines important near term support. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Abrupt Slump Back Into Latest Base With 2 Volume-Driven Losses - 6/18/2021
 |  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 MED MED - NYSE
Medifast Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$263.47 -5.39
-2.00%

$267.78

175,308
149.84% of 50 DAV
50 DAV is 117,000
$336.99
-21.82%
5/11/2021 $285.72 PP = $279.56
MB = $293.54
Most Recent Note - 6/18/2021 3:40:05 PM
G - Color code is changed to green after slumping further below the prior high in the $279 area and violating its 50 DMA line ($275) raising greater concerns and triggering a technical sell signal. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> 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  
$34.16 -0.81
-2.32%

$35.20

250,093
181.23% of 50 DAV
50 DAV is 138,000
$43.64
-21.72%
6/4/2021 $40.01 PP = $40.36
MB = $42.38
Most Recent Note - 6/18/2021 3:28:23 PM
G - Slumping further below its 50 DMA line ($35.80) with another damaging loss today testing the prior low which defines important near-term support in the $33 area. Only a prompt rebound above the 50 DMA line would help its outlook improve. Fundamentals remain strong.
>>> 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  
$69.25 +0.03
0.04%

$70.50

46,086
384.05% of 50 DAV
50 DAV is 12,000
$73.62
-5.94%
5/18/2021 $70.16 PP = $73.72
MB = $77.41
Most Recent Note - 6/18/2021 12:43:28 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 ($69.01) 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  
$35.86 +0.02
0.06%

$36.77

936,546
189.97% of 50 DAV
50 DAV is 493,000
$36.96
-2.98%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 6/16/2021 1:09:51 PM
G - Rising into new high territory with ever-increasing volume behind today's 4th consecutive gain. Near-term support to watch is its 50 DMA line ($33.98) 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 : 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 
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 QRVO QRVO - NASDAQ
"Qorvo, Inc"
ELECTRONICS - Semiconductor - Integrated Cir  
$174.19 -7.14
-3.94%

$180.17

2,087,268
190.65% of 50 DAV
50 DAV is 1,094,800
$201.68
-13.63%
4/1/2021 $190.48 PP = $191.92
MB = $201.52
Most Recent Note - 6/18/2021 4:54:24 PM
Slumped well below its 50 DMA line ($183), which has acted as resistance, with today's big loss on heavier volume. Its current Relative Strength Rating is 63, below the 80+ minimum for buy candidates. It will be dropped from the Featured Stocks list tonight. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> 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 SHOP SHOP - NYSE
Shopify Inc Cl A
Computer Sftwr-Enterprse  
$1,466.87 +17.60
1.21%

$1,485.50

2,545,940
187.89% of 50 DAV
50 DAV is 1,355,000
$1,499.75
-2.19%
6/16/2021 $1,343.80 PP = $1,499.85
MB = $1,574.84
Most Recent Note - 6/18/2021 12:58:23 PM
Y - Challenging its all-time high with today's 7th consecutive gain marked by ever-increasing volume. Color code was changed to yellow with new pivot point cited based on its 2/10/21 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a technical buy signal. Found support after dipping below its 200 DMA line during the choppy consolidation since dropped from the Featured Stocks list on 3/04/21. Rebound above the 50 DMA line helped its outlook improve. Its Relative Strength Rating improved to 84, above the 80+ minimum guideline for buy candidates. Reported Mar '21 quarterly earnings +958% on +110% sales revenues versus the year ago period, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Rebounding After Choppy 4-Month Consolidation - 6/16/2021
 |  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  
$85.83 -2.82
-3.18%

$88.80

2,203,815
152.94% of 50 DAV
50 DAV is 1,441,000
$95.76
-10.37%
5/13/2021 $84.20 PP = $90.65
MB = $95.18
Most Recent Note - 6/18/2021 3:37:23 PM
G - Violated its 50 DMA line ($87.39) with today's 5th consecutive loss raising concerns and triggering a technical sell signal. Its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve. 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  
$26.40 -0.30
-1.12%

$26.91

37,573
134.19% of 50 DAV
50 DAV is 28,000
$29.18
-9.53%
5/18/2021 $25.58 PP = $28.06
MB = $29.46
Most Recent Note - 6/17/2021 6:28:02 PM
Y - Churning higher than average volume while still consolidating in a tight range above its 50 DMA line ($26.29). 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 : 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  
$23.40 +0.47
2.05%

$23.46

248,696
136.65% of 50 DAV
50 DAV is 182,000
$26.07
-10.24%
5/12/2021 $21.40 PP = $19.73
MB = $20.72
Most Recent Note - 6/17/2021 6:12:59 PM
G - Encountering distributional pressure with today's 4th consecutive loss marked by ever-increasing volume. Still extended from the prior base, its 50 DMA line ($21.03) and prior high ($19.63 on 3/09/21) define support to watch. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure After Recent Rally - 6/17/2021
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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 AVTR AVTR - NYSE
Avantor Inc
Medical-Research Eqp/Svc  
$34.69 -0.18
-0.52%

$35.04

6,651,053
167.41% of 50 DAV
50 DAV is 3,973,000
$35.19
-1.42%
6/10/2021 $32.94 PP = $34.09
MB = $35.79
Most Recent Note - 6/17/2021 6:24:37 PM
Y - Posted a 2nd consecutive gain today backed by +45% above average volume triggering a technical buy signal. Prior highs in the $33 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Medical Research Firm Challenging Prior High - 6/10/2021
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