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AFTER MARKET UPDATE - WEDNESDAY, JUNE 27TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -165.52 24,117.59 -0.68% Volume 896,455,290 +5% Volume 2,292,535,220 +12%
NASDAQ -116.55 7,445.08 -1.54% Advancers 857 29% Advancers 585 20%
S&P 500 -23.43 2,699.63 -0.86% Decliners 2,130 71% Decliners 2,407 80%
Russell 2000 -28.07 1,640.45 -1.68% 52 Wk Highs 61   52 Wk Highs 64  
S&P 600 -15.95 1,017.36 -1.54% 52 Wk Lows 120   52 Wk Lows 99  

Breadth Negative as Indices Suffered a Negative Reversal

Stocks erased early gains and finished lower on Wednesday. The Dow fell 165 points to 24117, while the S&P 500 lost 23 points to 2699. The Nasdaq Composite was down 116 points to 7445. The volume totals reported were higher than the prior session on the NYSE and on the Nasdaq exchange, indicative of distributional selling from the institutional crowd. Breadth was negative as decliners led advancers by more than a 2-1 margin on the NYSE and by a decisive 4-1 margin on the Nasdaq exchangeNew 52-week lows outnumbered new 52-week highs on the Nasdaq exchange and on the NYSE.  There were 21 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 23 on the prior session. The major indices (M criteria) have seen the latest rally come under pressure again while leadership (stocks hitting new highs) has thinned. New buying efforts are justified only when all key criteria of the fact-based investment system are satisfied. ThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index erased the session's early gain and closed below its 50-day moving average (DMA) line.

The major averages gave up early session gains amid lingering trade concerns. This morning, the Trump administration announced its decision to rely on existing laws pertaining to foreign investments in U.S. companies, easing fears surrounding stricter regulations. U.S. equities retreated, however, after White House economic adviser Larry Kudlow indicated that President Trump’s plan did not signify a more lenient position on China. On the data front, May durable goods orders slipped 0.6%, better than the anticipated 1.0% decline. A separate release showed mortgage applications dipped 4.9% in the most recent week. Additionally, pending home sales declined 0.5% in May.

Eight of 11 S&P 500 sectors closed in negative territory, with Tech and Financials leading decliners. Energy shares bucked the downtrend as NYMEX WTI crude touched its best level since November 2014, finishing 2.6% higher at $72.34/barrel. In earnings, General Mills (GIS -0.72%) despite topping profit expectations and forecasting a "dynamic" market environment in 2019. In M&A news, Conagra Brands (CAG -7.27%) fell after announcing the purchase Pinnacle Foods (PF -4.29%) for $8.1 billion.

Treasuries strengthened with the yield on the 10-year note down five basis points to 2.83%. In commodities, COMEX gold was off 0.3% to $1252.80/ounce amid a stronger dollar.

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.


Tech, Retail, and Financial Groups Fell

The Retail Index ($RLX -1.47%) and financial groups also weighed on the major indices on Wednesday as the Broker/Dealer Index ($XBD -1.96%) and the Bank Index ($BKX -1.34%) finished lower. The tech sector was led lower by the Semiconductor Index ($SOX -2.47%) and the Biotech Index ($BTK -2.82%) while the Networking Index ($NWX -0.99%) also finished to the downside. Energy-linked groups had a positive bias as the Oil Services Index ($OSX +2.91%) and the Integrated Oil Index ($XOI +1.11%) both rose while the Gold & Silver Index ($XAU -0.69%) ended modestly lower.

Charts courtesy of www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX -2.47%) violated its 50-day and 200-day moving average (DMA) lines with this week's damaging losses.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  155.31 +4.39 +2.91% +3.85%
Integrated Oil $XOI  1,505.01 +16.56 +1.11% +12.69%
Semiconductor $SOX  1,300.51 -32.89 -2.47% +3.79%
Networking $NWX  532.27 -5.31 -0.99% +8.51%
Broker/Dealer $XBD  273.89 -5.48 -1.96% +3.26%
Retail $RLX  2,173.61 -32.52 -1.47% +25.37%
Gold & Silver $XAU  79.93 -0.55 -0.68% -6.26%
Bank $BKX  103.47 -1.40 -1.33% -3.04%
Biotech $BTK  4,635.89 -134.38 -2.82% +9.80%


Sputtering Below 50-Day Average After Negating Prior Breakout

Epam Systems Inc (EPAM -$1.08 or -0.88% to $121.29) has been sputtering below its 50-day moving average (DMA) line ($121.89). Recent losses negated the prior breakout raising concerns, and additional losses triggered a technical sell signal. More damaging losses would raise serious concerns. A convincing rebound above the 50 DMA line and above the previously cited pivot point would be a reassuring sign.

It was last shown in this FSU section on 5/09/18 with an annotated graph under the headline, "Volume-Driven Gain Challenged Prior High Following Earnings", after highlighted in yellow with pivot point cited based on its 3/13/18 high plus 10 cents in the earlier mid-day report (read here).

Bullish action came after the Computer - Tech Services firm reported Mar '18 earnings +29% on +31% sales revenues, above the +25% minimum earnings guideline (C criteria). Sequential quarterly comparisons show strong earnings with an encouraging acceleration in sales revenues growth. Annual earnings history (A criteria) remained strong after it was dropped from Featured Stocks list on 8/11/15.

Fundamentally, it still has a strong 94 Earnings Per Share Rating, well above the 80+ minimum guideline for buy candidates. The number of top-rated funds owning its shares rose from 462 in Jun '17 to 544 in Mar '18, a reassuring sign concerning the I criteria. Its small supply of only 49.9 million shares (S criteria) in the pubic float can contribute to greater volatility in the event of institutional buying or selling. Its Relative Strength rating of 87 is above the 80+ minimum guideline for buy candidates.

Charts 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
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$14.60 -0.15
-1.02%

$14.90

163,529
252.36% of 50 DAV
50 DAV is 64,800
$15.60
-6.41%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 6/25/2018 12:40:59 PM
Y - Raising concerns while slumping into the prior base and pulling back near its 50 DMA line ($14.76) with today's 3rd consecutive loss with above average volume. Stalled after highlighted in yellow on 5/21/18 with pivot point cited based on prior highs plus 10 cents. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Hit New High Today After Orderly Consolidation - 5/21/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PFBC - NASDAQ
Preferred Bank Los Angls
BANKING - Regional - Pacific Banks  
$61.17 -1.68
-2.67%

$62.87

71,436
94.24% of 50 DAV
50 DAV is 75,800
$67.88
-9.89%
5/18/2018 $62.91 PP = $67.75
MB = $71.14
Most Recent Note - 6/25/2018 5:47:39 PM
G - Color code is changed to green after slumping below its 50 DMA line ($64.89). Testing its 200 DMA line ($62.39) and prior lows where more damaging losses would raise greater concerns. Its Relative Strength has slumped to 69.
>>> FEATURED STOCK ARTICLE : Some Technical Sputtering Yet Bank is Still Only -7% Off High - 5/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$289.33 -9.98
-3.33%

$302.18

806,458
148.52% of 50 DAV
50 DAV is 543,000
$329.65
-12.23%
3/12/2018 $267.79 PP = $263.19
MB = $276.35
Most Recent Note - 6/25/2018 5:49:59 PM
G - Pulled back from its all-time high and violated Its 50 DMA line ($304.45) with a gap down and volume-driven loss triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve. Fundamentals are strong.
>>> FEATURED STOCK ARTICLE : Wedging Higher Following Big Breakaway Gap - 5/22/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
UCFC - NASDAQ
United Community Finl Cp
BANKING - Savings and Loans  
$11.06 -0.20
-1.78%

$11.29

162,263
93.79% of 50 DAV
50 DAV is 173,000
$11.59
-4.57%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 6/21/2018 6:02:44 PM
Y - It is perched near its "max buy" level after pulling back from its all-time high with 2 consecutive volume-driven losses. Prior high ($10.70 on 4/19/18) and its 50 DMA line ($10.53) define near-term support to watch.
>>> FEATURED STOCK ARTICLE : Small Savings & Loan Perched Near High - 5/30/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$121.29 -1.08
-0.88%

$123.14

417,806
102.40% of 50 DAV
50 DAV is 408,000
$131.75
-7.94%
5/9/2018 $120.34 PP = $125.98
MB = $132.28
Most Recent Note - 6/27/2018 6:23:54 PM
G - Color code is changed to green while sputtering below its 50 DMA line ($121.89) after recent weakness negated the prior breakout. More damaging losses would raise serious concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Sputtering Below 50-Day Average After Negating Prior Breakout - 6/27/2018
 |  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
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$208.41 -2.24
-1.06%

$212.24

1,280,294
101.69% of 50 DAV
50 DAV is 1,259,000
$222.92
-6.51%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 6/27/2018 3:35:44 PM
Y - Undercut prior highs and slumped back into the prior base with a streak of 5 consecutive losses raising some concerns. Its 50 DMA line ($206) and prior lows define the next important support areas to watch.
>>> FEATURED STOCK ARTICLE : Breakaway Gap With Heavy Volume - 6/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MA - NYSE
Mastercard Inc Cl A
Finance-CrdtCard/PmtPr  
$193.18 -3.28
-1.67%

$198.20

3,229,404
89.63% of 50 DAV
50 DAV is 3,603,000
$204.00
-5.30%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 6/27/2018 3:38:14 PM
G - Pulling back from its all-time high toward its 50 DMA line (191). Below that short-term average the prior low ($186.60 on 5/29/18) defines the next important support to watch.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched at All-Time High - 6/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
V - NYSE
Visa Inc Cl A
Finance-CrdtCard/PmtPr  
$131.02 -1.53
-1.15%

$133.66

7,240,167
99.97% of 50 DAV
50 DAV is 7,242,000
$136.69
-4.15%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 6/25/2018 5:53:45 PM
G - Big volume-driven loss today tested its 50 DMA line ($130.22) while retreating from its all-time high. Prior highs in the $126 area and its 50 DMA line ($130) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure at All-Time High - 6/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BRKS - NASDAQ
Brooks Automation
ELECTRONICS - Semiconductor Equipment and Mate  
$32.02 -0.64
-1.96%

$33.19

801,682
120.01% of 50 DAV
50 DAV is 668,000
$36.45
-12.15%
6/15/2018 $35.44 PP = $34.87
MB = $36.61
Most Recent Note - 6/25/2018 5:44:34 PM
Y - Pulled back today for a 3rd consecutive loss. Stalled after featured in the 6/15/18 mid-day report as it clinched a technical buy signal. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Volume Was Heavy Behind Big Breakout Gain - 6/15/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$54.70 -2.20
-3.87%

$57.20

353,644
99.98% of 50 DAV
50 DAV is 353,700
$60.28
-9.25%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 6/21/2018 12:29:49 PM
Y - Encountering some distributional pressure and churning above average volume while perched near its all-time high. Members were reminded - "Subsequent volume-driven gains for new highs may clinch a more convincing technical buy signal. See the latest FSU analysis for more details and a new annotated graph."
>>> FEATURED STOCK ARTICLE : Gain With Above Average Volume Challenged Prior High - 6/19/2018
 |  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
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$701.78 -9.22
-1.30%

$710.00

12,504
65.81% of 50 DAV
50 DAV is 19,000
$739.89
-5.15%
4/13/2018 $547.85 PP = $552.10
MB = $579.71
Most Recent Note - 6/21/2018 5:59:49 PM
G - Volume totals have been cooling while stubbornly holding its ground perched near its all-time high. Its 50 DMA line ($640) defines important support to watch above the prior highs in the $569-552 area.
>>> FEATURED STOCK ARTICLE : Negative Reversal on Higher Volume After Hitting New All-Time High - 6/4/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
STMP - NASDAQ
Stamps.com Inc
Retail-Internet  
$246.50 -4.30
-1.71%

$253.85

325,013
106.91% of 50 DAV
50 DAV is 304,000
$285.75
-13.73%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 6/22/2018 1:10:48 PM
G - Holding its ground today. Heavy volume behind a big loss tested its 50 DMA line ($245) on the prior session. Below that important short-term average prior highs in the $233 area which define support to watch on pullbacks. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Big Loss on Heavy Volume Tests 50-Day Moving Average - 6/21/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
CHDN - NASDAQ
Churchill Downs Inc
LEISURE - Gaming Activities  
$287.40 -6.05
-2.06%

$294.80

62,370
59.40% of 50 DAV
50 DAV is 105,000
$314.60
-8.65%
6/20/2018 $285.80 PP = $314.70
MB = $330.44
Most Recent Note - 6/27/2018 3:32:19 PM
Y - Quietly consolidating near its 50 DMA line ($290). Below that important short-term average the prior high ($285.70 on 4/26/18) defines the next important support to watch. A new pivot point was cited based on its 5/16/18 high plus 10 cents. Subsequent volume-driven gains for a new high are needed to trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Breakout Followed New Supreme Court Ruling on Sports Betting - 5/14/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HTHT - NASDAQ
Huazhu Group Ads
LEISURE - Lodging  
$42.19 -1.93
-4.37%

$44.90

2,296,744
101.63% of 50 DAV
50 DAV is 2,260,000
$49.60
-14.94%
5/15/2018 $34.52 PP = $41.57
MB = $43.65
Most Recent Note - 6/25/2018 6:01:00 PM
G - Gapped down today for a 3rd consecutive loss retreating from its all-time high. Extended from prior highs in the $40-41 area which define initial support to watch on pullbacks. Recently changed its name from China Lodging Group, Ltd to Huazhu Group Ltd.
>>> FEATURED STOCK ARTICLE : New Volume-Driven Breakout For All-Time High - 5/15/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NFLX - NASDAQ
Netflix Inc
SPECIALTY RETAIL - Music and Video Stores  
$390.39 -9.00
-2.25%

$411.59

16,474,843
174.93% of 50 DAV
50 DAV is 9,418,000
$423.21
-7.75%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 6/27/2018 12:26:48 PM
G - Churned heavy volume while abruptly retreating from its all-time high. Disciplined investors avoid chasing stocks extended more that +5% above a sound base pattern. Its 50 DMA line ($349) defines near-term support to watch above the prior high ($338.82 on 4/18/18).
>>> FEATURED STOCK ARTICLE : Rally From Advanced Ascending Base With Volume +50% - 5/24/2018
 |  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
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$281.47 -1.64
-0.58%

$285.16

515,761
83.59% of 50 DAV
50 DAV is 617,000
$293.81
-4.20%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 6/26/2018 12:08:35 PM
G - Abruptly retreated from its all-time high with a volume-driven loss on the prior session breaking a streak of 9 consecutive gains. Very extended from the latest base. Its prior high ($255 on 4/26/18) and 50 DMA line ($256.37) coincide defining important near-term support to watch.
>>> FEATURED STOCK ARTICLE : New High With Gain Backed by Above Average Volume - 6/5/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$100.73 -0.80
-0.79%

$101.90

868,234
51.74% of 50 DAV
50 DAV is 1,678,000
$103.99
-3.13%
6/4/2018 $75.96 PP = $78.38
MB = $82.30
Most Recent Note - 6/22/2018 11:21:43 AM
G - Volume totals have been cooling while hovering near its all-time high. Very extended from the previously noted base. Reported earnings +133% on +27% sales revenues for the Apr '18 quarter. Disciplined investors avoid chasing stocks that are too extended from a sound base.
>>> FEATURED STOCK ARTICLE : Hovering Near Record High After Big Gap Up and Volume-Driven Gain - 6/25/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$167.97 -2.88
-1.69%

$175.74

1,941,321
104.32% of 50 DAV
50 DAV is 1,861,000
$188.59
-10.93%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 6/26/2018 5:25:25 PM
G - Color code is changed to green after slumping below its 50 DMA line ($175). Only a prompt rebound above the 50 DMA line would help its outlook improve. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Recent Slump Below 50-Day Average Hurt Outlook - 6/26/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NVEE - NASDAQ
N V 5 Global Inc
Comml Svcs-Consulting  
$68.70 -0.20
-0.29%

$69.60

52,506
67.32% of 50 DAV
50 DAV is 78,000
$71.90
-4.45%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 6/21/2018 6:08:54 PM
Y - Pulled back today with below average volume. Recent gains challenged its all-time high. Color code was changed to yellow with new pivot point cited based on its 5/04/18 high plus 10 cents. Confirming gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Its 50 DMA line ($62.36) defines near-term support above the prior low ($56.65 on 5/15/18).
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After Hitting New High - 5/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$201.12 -2.76
-1.35%

$206.92

701,656
51.25% of 50 DAV
50 DAV is 1,369,000
$217.40
-7.49%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 6/27/2018 3:41:03 PM
Y - Quietly sputtering below its 50 DMA line ($202.55) today raising some concerns. The prior low ($195.78 on 6/07/18) defines the next important support level.
>>> FEATURED STOCK ARTICLE : New High Close After 2 Consecutive Volume Driven Gains - 6/13/2018
 |  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
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$83.45 -5.25
-5.92%

$89.85

420,656
112.47% of 50 DAV
50 DAV is 374,000
$97.75
-14.63%
4/17/2018 $82.85 PP = $79.50
MB = $83.48
Most Recent Note - 6/27/2018 3:21:06 PM
G - Pulling back today near the prior high ($85.00 on 4/18/18) which defines initial support above its 50 DMA line ($81.26).
>>> FEATURED STOCK ARTICLE : Rebounded Above 50-Day Average Yet Still Faces Overhead Supply - 5/29/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SPLK - NASDAQ
Splunk Inc
Computer Sftwr-Database  
$96.44 -5.31
-5.22%

$104.22

3,123,332
174.88% of 50 DAV
50 DAV is 1,786,000
$121.64
-20.72%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 6/27/2018 3:13:20 PM
G - Slumping near prior lows in the $96-97 area which define near-term support above its 200 DMA line ($90.77). Damaging losses triggered technical sell signals. Only a prompt rebound above the 50 DMA line (110.88) would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Consolidating Near High Following Latest Financial Report - 5/31/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SUPN - NASDAQ
Supernus Pharmaceuticals
Medical-Biomed/Biotech  
$58.15 +0.75
1.31%

$59.45

959,552
116.88% of 50 DAV
50 DAV is 821,000
$61.10
-4.83%
6/20/2018 $58.05 PP = $59.15
MB = $62.11
Most Recent Note - 6/21/2018 1:27:23 PM
Y - Erased much of its early gain after hitting a new high today. New pivot point was cited based on its 5/16/18 high plus 10 cents. Gains and a close above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Stayed well above its 50 DMA line ($52.13) and prior highs in the $49-50 area during an orderly consolidation.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base After Spiking Higher - 6/6/2018
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PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$97.27 -4.39
-4.32%

$103.16

986,680
112.00% of 50 DAV
50 DAV is 881,000
$118.45
-17.88%
6/19/2018 $113.68 PP = $118.55
MB = $124.48
Most Recent Note - 6/27/2018 3:44:12 PM
G - Today's big loss is undercutting the prior low ($98.01 on 5/23/18) triggering a technical sell signal. A prompt rebound above the 50 DMA line ($107.81) is needed for its outlook to improve. Its 200 DMA line ($93.24) is the next important support level.
>>> FEATURED STOCK ARTICLE : Slumped Below 50-Day Moving Average With Heavy Volume - 6/22/2018
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GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$103.61 +0.27
0.26%

$106.73

2,572,446
148.87% of 50 DAV
50 DAV is 1,728,000
$120.07
-13.71%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 6/25/2018 5:56:26 PM
G - Violated its 50 DMA line today with a 7th consecutive loss today with above average volume triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Gain With +25% Above Average Volume for Best Ever Close - 6/12/2018
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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
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$74.21 -2.88
-3.74%

$77.54

716,307
135.41% of 50 DAV
50 DAV is 529,000
$82.04
-9.54%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 6/25/2018 5:57:12 PM
G - Gapped down today abruptly retreating from its all-time high. Its 50 DMA line ($73.27) and prior high ($68.75 on 3/22/18) define near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Pullback After Volume-Driven Gains For New Highs - 6/7/2018
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LOB - NASDAQ
Live Oak Bancshares Inc
Banks-Southeast  
$30.00 -0.80
-2.60%

$30.78

106,705
86.75% of 50 DAV
50 DAV is 123,000
$31.65
-5.21%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 6/21/2018 12:54:40 PM
Y - Rallied near its "max buy" level with 4 consecutive volume-driven gains after testing support at its 50 DMA line ($29.34). Bullish action recently triggered a technical buy signal. Prior lows in the $26-27 area define important near term support. Recently reported earnings +63% on +42% for the Mar '18 quarter.
>>> FEATURED STOCK ARTICLE : Bank Perched Near High After Orderly Base - 5/23/2018
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$80.67 -1.65
-2.00%

$82.97

8,955,610
108.91% of 50 DAV
50 DAV is 8,223,000
$87.55
-7.86%
5/18/2018 $81.63 PP = $80.89
MB = $84.93
Most Recent Note - 6/22/2018 11:20:21 AM
Y - Quietly hovering near its all-time high. Volume totals were unimpressive when wedging above the pivot point cited based on its 4/18/18 high. Confirming gains backed by at least +40% above average volume would be a reassuring sign of fresh institutional buying demand.
>>> FEATURED STOCK ARTICLE : Gains Have Lacked Volume While Approaching All-Time High - 6/8/2018
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OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$72.55 -0.85
-1.16%

$74.20

443,212
51.06% of 50 DAV
50 DAV is 868,000
$77.50
-6.39%
4/10/2018 $62.05 PP = $62.15
MB = $65.26
Most Recent Note - 6/22/2018 1:01:26 PM
G - Gapped down today but its up from earlier lows. Retreating from its all-time high after getting very extended from any sound base. Its 50 DMA line ($68.32) defines important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base After 8 Consecutive Gains - 5/17/2018
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MOMO - NASDAQ
Momo Inc Ads Cl A
INTERNET - Content  
$42.86 -2.48
-5.47%

$45.50

12,104,386
268.39% of 50 DAV
50 DAV is 4,510,000
$54.24
-20.98%
6/1/2018 $48.62 PP = $46.79
MB = $49.13
Most Recent Note - 6/27/2018 3:08:58 PM
Y - Testing its 50 DMA line ($42.70) today. Slumped below prior the high ($46.69 on 8/08/17) and back into the prior base with damaging volume-driven losses this week raising concerns.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain for New All-Time High - 6/1/2018
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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
NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$59.80 -1.05
-1.73%

$61.95

171,176
76.08% of 50 DAV
50 DAV is 225,000
$68.00
-12.06%
4/17/2018 $60.55 PP = $60.40
MB = $63.42
Most Recent Note - 6/25/2018 6:05:40 PM
G - Slumped below its 50 DMA line ($62.86) with a streak of 3 consecutive losses raising concerns and triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Quietly Hovering Near All-Time High - 5/25/2018
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BZUN - NASDAQ
Baozun Inc Cl A Ads
Computer Sftwr-Enterprse  
$52.10 -4.27
-7.57%

$56.34

3,698,669
146.83% of 50 DAV
50 DAV is 2,519,000
$67.41
-22.71%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 6/27/2018 3:05:41 PM
G - Violating its 50 DMA line ($54.39) today with another damaging volume-driven loss triggering a technical sell signal. Testing prior highs in the $52 area previously noted as the next important support to watch. A prompt rebound above its 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Earnings News Due; Formed a Base-on-Base Pattern - 5/16/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$26.25 -1.28
-4.65%

$27.92

552,136
97.55% of 50 DAV
50 DAV is 566,000
$32.03
-18.04%
6/20/2018 $30.72 PP = $32.13
MB = $33.74
Most Recent Note - 6/27/2018 3:24:20 PM
G - Color code is changed to green while slumping below its 50 DMA line ($27.34) with today's loss on light volume. A prompt rebound above the 50 DMA line is needed for its outlook to improve. Abruptly retreated after challenging its 52-week high this week with impressive volume-driven gains. New pivot point cited was based on its 3/12/18 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume are still needed to trigger a proper new (or add-on) technical buy signal. Recent lows in the $23-24 area define important support to watch. Showed resilience since it completed a new Public Offering and Secondary Offering on 4/05/18.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gains Above 50-Day Average Help Outlook Improve - 6/14/2018
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