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 - TUESDAY, JULY 6TH, 2021
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -208.98 34,577.37 -0.60% Volume 1,003,629,593 +45% Volume 4,433,689,500 +20%
NASDAQ +23.86 14,663.18 +0.16% Advancers 1,168 36% Advancers 1,415 32%
S&P 500 -8.80 4,343.54 -0.20% Decliners 2,102 64% Decliners 2,958 68%
Russell 2000 -31.26 2,274.50 -1.36% 52 Wk Highs 186   52 Wk Highs 126  
S&P 600 -19.97 1,349.71 -1.46% 52 Wk Lows 27   52 Wk Lows 75  

Nasdaq Composite Outpaced Other Major Indices

The Dow shed 208 points amid weakness in more cyclical and value-oriented shares. The S&P 500 fell 0.2%, snapping a seven-session winning streak that had been its longest since August. The Nasdaq Composite fluctuated between small gains and losses, ending the day 0.2% higher at a new closing peak. The volume totals reported were higher than the prior session on the NYSE and on the Nasdaq exchange. Decliners led advancers on the NYSE and on the Nasdaq exchange. There were 40 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 37 on the prior session. New 52-week highs totals contracted yet solidly 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 is consolidating above its 50-day moving average (DMA) line within striking distance of its record high. 

U.S. stocks finished mixed on Tuesday as worries surrounding the global economic recovery pressured investor sentiment. Treasuries strengthened amid the perceived “risk off” mood, with the yield on the 10-year note down six basis points to 1.36%, its lowest level since late February. On the data front, a report from the Institute for Supply Management (ISM) showed services sector activity eased more than anticipated in June from May's record reading. Volatility in the oil market also garnered attention as a stalemate in OPEC+ production negotiations persisted. WTI crude dropped 1.9% to $73.76/barrel, reversing course after briefly touching a six-year high. In FOREX trading, a gauge of the U.S. dollar rose 0.4%.

Seven of 11 S&P 500 sectors closed in negative territory, with Energy shares declining the most. Consumer Discretionary outperformed, with Amazon (AMZN +4.7%) rallying after the U.S. Department of Defense terminated its 2019 JEDI cloud-computing contract with Microsoft (MSFT +0.0%), instead re-launching the $10 billion project with plans to consider proposals from both companies. In other corporate news, Pfizer (PFE -1.16%) fell after an Israeli study indicated its COVID-19 vaccine proved less effective than previously thought. Elsewhere, Didi (DIDI -19.51%) fell after Chinese officials ordered that the ride-hailing giant's platform be removed from mobile app stores.

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.


Energy and Financial-Linked Indexes Fall as Retail Index Posts Gain

The Retail Index ($RLX +2.36%) posted a sold gain but weakness in the Bank Index ($BKX -2.66%) and Broker/Dealer Index ($XBD -1.12%) created a drag on the major averages.  Energy-linked groups were standout decliners as the Oil Services Index ($OSX -5.64%) and Integrated Oil Index ($XOI -3.45%) both slumped.  The Biotech Index ($BTK -0.65%) outpaced the Semiconductor Index ($SOX -0.25%) to the downside while the Networking Index ($NWX -0.02%) finished flat. The Gold & Silver Index ($XAU -0.30%) edged lower.
Chart courtesy of www.stockcharts.com
PICTURED: The Bank Index ($BKX -2.66%) recently slumped below its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  62.05 -3.71 -5.64% +39.97%
Integrated Oil $XOI  1,118.60 -40.03 -3.45% +41.15%
Semiconductor $SOX  3,307.65 -8.18 -0.25% +18.32%
Networking $NWX  854.66 -0.18 -0.02% +19.18%
Broker/Dealer $XBD  466.47 -5.27 -1.12% +23.53%
Retail $RLX  4,148.53 +95.55 +2.36% +16.43%
Gold & Silver $XAU  142.53 -0.42 -0.30% -1.15%
Bank $BKX  122.59 -3.35 -2.66% +25.21%
Biotech $BTK  5,897.98 -38.32 -0.65% +2.77%


Touched New High With Average Volume Behind Today's Gain

Docusign Inc (DOCU +$9.36 or +3.36% to $288.18) was highlighted in yellow with pivot point cited based on its 9/02/20 high plus 10 cents in the earlier mid-day report (read here). It hit a new high with today's early gain. Subsequent gains and a strong close above the pivot point cited backed by at least +40% above average volume may trigger a convincing new (or add-on) technical buy signal.

Fundamentals remain strong after reporting very strong Apr '21 quarterly results. It went through a choppy consolidation then rebounded since last noted on 3/03/21 when dropped from the Featured Stocks list. DOCU was last shown in this FSU section on 2/09/21 with an annotated graph under the headline, "Consolidating Back Above 50-Day Moving Average Near Prior High".

It has an Earnings Per Share Rating of 99. The past 8 quarterly comparisons versus the year ago period were well above the +25% minimum guideline with solid underlying sales revenues growth. After years of losses it had solid earnings in FY '19 and '20.

The number of top-rated funds owning its shares rose from 558 on Jun '19 to 1,611 in Jun '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 2.0 also is an unbiased indication its shares have been under accumulation over the past 50 days. The Computer Software-Enterprise industry group is currently ranked 95th of the 197 Industry Groups (L criteria), however there are several strong stocks in the group showing confirming leadership.
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  
$48.88 -1.51
-3.00%

$50.23

380,381
87.65% of 50 DAV
50 DAV is 434,000
$59.85
-18.33%
5/21/2021 $58.86 PP = $57.91
MB = $60.81
Most Recent Note - 7/2/2021 3:48:10 PM
G - Failed to rebound thus far after noted damaging losses triggered a worrisome technical sell signal. A rebound above the 50 DMA line (54.39) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Still Sputtering After Damaging Losses Triggered Sell Signal - 6/29/2021
 |  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  
$550.01 -15.20
-2.69%

$563.88

1,032,915
270.40% of 50 DAV
50 DAV is 382,000
$608.84
-9.66%
4/23/2021 $579.70 PP = $577.16
MB = $606.02
Most Recent Note - 7/6/2021 5:56:22 PM
G - With today's volume-driven loss it slumped further below its 50 DMA line ($570) which recently has acted as resistance. A rebound above the 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 : Consolidating Near 50-Day Average After Distributional Pressure - 6/25/2021
 |  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 LOGI LOGI - NASDAQ
Logitech Intl Sa
COMPUTER HARDWARE - Computer Peripherals  
$124.17 +0.68
0.55%

$124.58

545,444
64.47% of 50 DAV
50 DAV is 846,000
$140.17
-11.41%
5/26/2021 $119.13 PP = $120.34
MB = $126.36
Most Recent Note - 7/2/2021 4:14:46 PM
Y - Posted a gain today with light volume. Halted its slide after slumping near prior highs in the $120-117 area which define important support to watch along with its 50 DMA line ($119). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Recent Pullback is Testing Important Technical Support - 7/2/2021
 |  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 CROX CROX - NASDAQ
Crocs Inc
CONSUMER NON-DURABLES - Textile - Apparel Footwear  
$113.63 -3.17
-2.71%

$117.01

1,228,474
68.71% of 50 DAV
50 DAV is 1,788,000
$118.68
-4.26%
6/14/2021 $112.64 PP = $110.01
MB = $115.51
Most Recent Note - 7/2/2021 4:20:30 PM
G - Volume totals have been lackluster while wedging to new all-time highs above its "max buy" level and its color code is changed to green. Its 50 DMA line ($104.72) 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  
$51.94 -3.16
-5.74%

$55.00

109,958
126.39% of 50 DAV
50 DAV is 87,000
$69.00
-24.72%
5/5/2021 $61.65 PP = $61.55
MB = $64.63
Most Recent Note - 7/6/2021 5:25:08 PM
G - Suffered a big volume-driven loss today slumping further below its 50 DMA line ($55.74) which is now downward sloping. 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  
$377.45 +3.23
0.86%

$378.99

279,524
39.88% of 50 DAV
50 DAV is 701,000
$374.79
0.71%
6/9/2021 $345.91 PP = $349.23
MB = $366.69
Most Recent Note - 7/2/2021 4:18:16 PM
G - Color code is changed to green while there was below average volume behind recent gains as it wedged above its "max buy" level. Prior highs in the $349 area and its 50 DMA line ($342) define 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  
$429.35 +14.15
3.41%

$433.41

992,766
130.80% of 50 DAV
50 DAV is 759,000
$419.00
2.47%
6/8/2021 $348.46 PP = $342.38
MB = $359.50
Most Recent Note - 7/6/2021 5:54:07 PM
G - Volume was +27% above average behind today's gain for yet another new all-time high, getting more extended from the previously noted base. Prior high ($364) defines 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  
$35.96 -0.11
-0.30%

$36.16

201,253
65.13% of 50 DAV
50 DAV is 309,000
$40.47
-11.14%
4/28/2021 $35.03 PP = $35.34
MB = $37.11
Most Recent Note - 7/1/2021 4:36:59 PM
Y - While consolidating below its "max buy" level its color code is changed to yellow. Volume totals have been cooling. Found support near prior highs in the $35-36 area. Its 50 DMA line ($34.32) defines the next important support to watch.
>>> 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  
$685.87 -1.67
-0.24%

$693.55

787,559
103.08% of 50 DAV
50 DAV is 764,000
$710.97
-3.53%
5/25/2021 $669.59 PP = $675.75
MB = $709.54
Most Recent Note - 7/1/2021 12:20:33 PM
Y - Encountering distributional pressure while consolidating near the prior high ($675) and above its 50 DMA line ($667) which defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Volume Higher While Pulling Back Toward 50-Day Moving Average - 7/1/2021
 |  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 BRKS BRKS - NASDAQ
Brooks Automation
ELECTRONICS - Semiconductor Equipment and Mate  
$90.33 -1.38
-1.50%

$92.82

1,199,297
123.38% of 50 DAV
50 DAV is 972,000
$108.72
-16.92%
4/5/2021 $99.31 PP = $91.88
MB = $96.47
Most Recent Note - 7/1/2021 4:22:35 PM
G - Sputtering below its 50 DMA line ($96.90) which acted as resistance after damaging volume-driven losses. A 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  
$48.70 -1.94
-3.83%

$50.49

115,689
106.14% of 50 DAV
50 DAV is 109,000
$55.75
-12.65%
6/7/2021 $48.74 PP = $52.55
MB = $55.18
Most Recent Note - 7/6/2021 12:57:41 PM
G - Gapped down today and violated its 50 DMA line ($49.84) triggering a technical sell signal with a big loss raising concerns and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve. 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  
$284.12 -1.86
-0.65%

$292.42

95,880
78.59% of 50 DAV
50 DAV is 122,000
$336.99
-15.69%
5/11/2021 $285.72 PP = $279.56
MB = $293.54
Most Recent Note - 7/1/2021 4:29:00 PM
G - Volume totals have been cooling while consolidating above the prior high in the $279 area and near its 50 DMA line ($283). More damaging losses below the prior low ($258.77 on ce6/17/21) would raise greater concerns and trigger a worrisome technical sell signal.
>>> 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  
$38.19 +0.63
1.68%

$38.28

69,267
48.44% of 50 DAV
50 DAV is 143,000
$43.64
-12.49%
6/4/2021 $40.01 PP = $40.36
MB = $42.38
Most Recent Note - 7/6/2021 5:46:25 PM
G - Posted a gain today with lighter than average volume. Consolidating above its 50 DMA line ($37.17) has helped its outlook improve, but it still faces some resistance due to overhead supply up to the $43 level. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Helped Outlook - 6/30/2021
 |  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 POOL POOL - NASDAQ
Pool Corp
WHOLESALE - Basic Materials Wholesale  
$464.53 -2.30
-0.49%

$468.32

219,309
87.37% of 50 DAV
50 DAV is 251,000
$470.15
-1.20%
6/21/2021 $455.09 PP = $449.54
MB = $472.02
Most Recent Note - 7/6/2021 5:51:52 PM
Y - Volume totals have been cooling while hovering near its 52-week high. Prior highs in the $449-444 range define initial support to watch above its 50 DMA line ($438) on pullbacks.
>>> FEATURED STOCK ARTICLE : Volume-Driven Breakout After Orderly Consolidation - 6/21/2021
 |  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 FSBW FSBW - NASDAQ
F S Bancorp
Banks-West/Southwest  
$69.80 -0.55
-0.78%

$70.90

37,393
249.29% of 50 DAV
50 DAV is 15,000
$73.62
-5.19%
5/18/2021 $70.16 PP = $73.72
MB = $77.41
Most Recent Note - 7/6/2021 12:39:25 PM
Y - Encountering distributional pressure today and while recently perched within striking distance of the pivot point cited based on its 3/08/21 high plus 10 cents. Consolidating near its 50 DMA line ($69.97) 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.
>>> FEATURED STOCK ARTICLE : Still Consolidating With Close Striking Distance of All-Time High - 6/24/2021
 |  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 SMPL SMPL - NASDAQ
Simply Good Foods Co
Food-Confectionery  
$37.05 -0.46
-1.23%

$37.54

354,442
65.52% of 50 DAV
50 DAV is 541,000
$38.50
-3.77%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 7/1/2021 1:02:28 PM
G - Hitting a new all-time high today, getting more extended from the previously noted base. Near-term support to watch is its 50 DMA line ($34.76) 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 
StockCharts.com Latest Chart for SHOP SHOP - NYSE
Shopify Inc Cl A
Computer Sftwr-Enterprse  
$1,538.03 +73.28
5.00%

$1,541.00

1,924,297
130.11% of 50 DAV
50 DAV is 1,479,000
$1,552.23
-0.91%
7/2/2021 $1,468.00 PP = $1,552.23
MB = $1,629.84
Most Recent Note - 7/6/2021 1:01:39 PM
Y - Posting a solid gain today. Volume totals have been cooling in recent weeks while stubbornly holding its ground near its all-time high. A new pivot point was cited based on its 6/21/21 high while building on a cup-with-high-handle base. Confirming gains with at least +40% above average volume for new highs would trigger a new (or add-on) technical buy signal and be a reassuring sign of fresh institutional buying demand.
>>> 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  
$91.86 -1.03
-1.11%

$93.22

990,828
65.92% of 50 DAV
50 DAV is 1,503,000
$95.76
-4.07%
5/13/2021 $84.20 PP = $90.65
MB = $95.18
Most Recent Note - 7/2/2021 3:51:03 PM
Y - Volume totals have been cooling while consolidating near its 52-week high. The 50 DMA line ($88.81) and prior low ($85.08 on 6/18/21) 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 DOCU DOCU - NASDAQ
Docusign Inc
Computer Sftwr-Enterprse  
$288.18 +9.36
3.36%

$293.61

3,424,240
111.65% of 50 DAV
50 DAV is 3,067,000
$290.23
-0.71%
7/6/2021 $288.96 PP = $290.33
MB = $304.85
Most Recent Note - 7/6/2021 5:44:30 PM
Y - Touched a new high with today's gain backed by average volume. Highlighted in yellow with pivot point cited based on its 9/02/20 high plus 10 cents. Subsequent gains and a strong close above the pivot point cited backed by at least +40% above average volume may trigger a convincing new (or add-on) technical buy signal. Fundamentals remain strong after reporting very strong Apr '21 quarterly results. It went through a choppy consolidation then rebounded since last noted on 3/03/21 when dropped from the Featured Stocks list. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Touched New High With Average Volume Behind Today's Gain - 7/6/2021
 |  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  
$26.23 -0.05
-0.19%

$26.48

42,971
101.11% of 50 DAV
50 DAV is 42,500
$29.18
-10.11%
5/18/2021 $25.58 PP = $28.06
MB = $29.46
Most Recent Note - 7/6/2021 5:27:58 PM
G - Color code is changed to green as it churned average volume today while consolidating in a tight range but now below its 50 DMA line ($26.53). 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 77, 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 
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 JEF JEF - NYSE
Jefferies Financial Grp
Finance-Invest Bnk/Bkrs  
$33.41 -0.29
-0.86%

$33.60

2,640,564
132.69% of 50 DAV
50 DAV is 1,990,000
$34.98
-4.49%
6/28/2021 $31.81 PP = $34.42
MB = $36.14
Most Recent Note - 7/6/2021 5:49:44 PM
Y - Holding its ground well but it has suffered 4 consecutive small losses since a considerable gap up for a big volume-driven gain noted on 6/29/21. The bullish action came after it reported May '21 quarterly earnings +713% on +70% sales revenues versus the year ago period, continuing its strong earnings rack record. Previously noted - "Subsequent gains above the pivot point backed by at least +40% above average volume are necessary to trigger a technical buy signal. The past 3 quarterly comparisons through Feb '21 showed strong earnings increases with solid sales revenues growth. Annual earnings history (the A criteria) has been strong."
>>> FEATURED STOCK ARTICLE : High-Ranked Financial Firm Formed "Double Bottom" Base - 6/28/2021
 |  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 CLAR CLAR - NASDAQ
Clarus Corporation
Leisure-Products  
$27.04 +0.22
0.82%

$27.44

188,863
81.41% of 50 DAV
50 DAV is 232,000
$27.07
-0.11%
5/12/2021 $21.40 PP = $19.73
MB = $20.72
Most Recent Note - 7/2/2021 12:15:57 PM
G - Perched at its 52-week high today after 4 consecutive gains. It did not form a sound base of sufficient length. Its 50 DMA line ($22.62) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure After Recent Rally - 6/17/2021
 |  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 AVTR AVTR - NYSE
Avantor Inc
Medical-Research Eqp/Svc  
$36.20 +0.84
2.38%

$36.22

3,516,390
86.00% of 50 DAV
50 DAV is 4,089,000
$36.31
-0.30%
6/10/2021 $32.94 PP = $34.09
MB = $35.79
Most Recent Note - 7/6/2021 5:52:54 PM
G - Color code is changed to green after quietly rising back above its "max buy" level. Stubbornly held its ground and made gradual progress since 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
 |  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