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AFTER MARKET UPDATE - MONDAY, JULY 8TH, 2019
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Indices NYSE Nasdaq
DOW  -115.98 26,806.14 -0.43% Volume 736,997,070 +27% Volume 1,944,516,470 +16%
NASDAQ -63.41 8,098.38 -0.78% Advancers 1,050 37% Advancers 929 30%
S&P 500 -14.46 2,975.95 -0.48% Decliners 1,801 63% Decliners 2,156 70%
Russell 2000 -14.24 1,561.39 -0.90% 52 Wk Highs 121   52 Wk Highs 62  
S&P 600 -9.76 948.66 -1.02% 52 Wk Lows 22   52 Wk Lows 47  

Major Indices Encounter Distributional Pressure

Stocks finished lower on Monday, as investors marked time ahead of key data reports and central bank updates later in the week. The Dow dropped 115 points, while the S&P 500 lost 0.5% and the Nasdaq Composite declined 0.8%. The volume totals reported were up from Friday's session totals on both the NYSE and on the Nasdaq exchange, indicative of distributional pressure. Decliners led advancers by a 9-5 margin on the NYSE and more than 2-1 on the Nasdaq exchange. There were 39 high-ranked companies from the Leaders List hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 55 on the prior session. New 52-week highs totals outnumbered new 52-week lows on the NYSE and Nasdaq exchange. The major indices (M criteria) are in a "confirmed uptrend" under the fact-based system. The Featured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average pulled back but remains perched near its new record high hit last week.

Six of 11 S&P 500 sectors ended in negative territory with Materials shares leading the losses. Technology stocks also lagged, with Apple (AAPL -2.06%) down following an analyst downgrade. According to Bloomberg, the iPhone maker now has more “sell” ratings from Wall Street analysts than at any time since 1997. In other corporate news, Deutsche Bank (DB -6.10%) fell after Germany’s largest lender announced it will cut 18,000 jobs by 2022 and will exit the equity trading business. Meanwhile, Boeing (BA -1.33%) fell amid reports the aerospace giant lost an order for 50 MAX 737 jets.

On the data front, a report showed consumer credit climbed more than expected in May as American credit card balances increased. Investor attention will likely focus on Thursday’s update of the U.S. Consumer Price Index, as well as two days of testimony in front of Congress by Federal Reserve Chair Jerome Powell, which starts on Wednesday.

Treasuries weakened ahead of the updates, with the yield on the 10-year note climbing one basis point to 2.05%. In commodities, WTI crude finished essentially flat at $57.49/barrel despite rising tensions in the Middle East. COMEX gold slid 0.4% to $1,394/ounce, marking its fourth consecutive decline after climbing to a six-year high last week.

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 Tech Related Groups Fell

The Retail Index ($RLX +0.25%) eked out  small gain but weakness in the Broker/Dealer Index ($XBD -1.40%), and Bank Index ($BKX -1.05%) weighed on the major indices. The Biotech Index ($BTK -1.84%), Networking Index ($NWX -1.39%), and Semiconductor Index ($SOX -0.77%) unanimously lost ground. Commodity-linked groups had another quiet day as the Gold & Silver Index ($XAU -0.03%), Integrated Oil Index ($XOI -0.07%) and the Oil Services Index ($OSX +0.06%) each ended little changed.

Charts courtesy of www.stockcharts.com

PICTURED: The Retail Index ($RLX +0.25%) posted another small gain, and it is perched within striking distance of its 52-week and all-time high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  80.07 +0.04 +0.05% -0.66%
Integrated Oil $XOI  1,260.18 -0.94 -0.07% +8.72%
Semiconductor $SOX  1,450.41 -11.29 -0.77% +25.56%
Networking $NWX  570.87 -8.07 -1.39% +16.82%
Broker/Dealer $XBD  268.73 -3.81 -1.40% +13.23%
Retail $RLX  2,425.13 +6.06 +0.25% +24.28%
Gold & Silver $XAU  83.15 -0.03 -0.04% +17.68%
Bank $BKX  98.58 -1.04 -1.04% +14.91%
Biotech $BTK  4,684.80 -87.96 -1.84% +10.99%


Tallied a Big Volume-Driven Breakout Gain for a New High

Chegg Inc (CHGG +$2.24 or +5.52% to $42.79) finished in the upper half of its intra-day range today after highlighted in yellow with pivot point cited based on its 3/19/19 high plus 10 cents (read here). It triggered a technical buy signal as it hit a new 52-week high with +165% above average volume behind today's big gain capping an 8-day winning streak. It formed an orderly base since last noted in the 5/01/19 mid-day report - "Violated its 50 DMA line with a big volume-driven loss on the prior session. Quarterly and annual earnings (C and A criteria) history has been strong."

Through Mar '19 its quarterly comparisons have shown earnings increases well above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) have been growing at a strong pace since turning profitable in FY '16 following years of losses. It completed its $13 IPO in November of 2013 and another new Public Offering in August of 2017. It has 118.5 million shares outstanding.
The number of high-ranked funds owning its shares rose from 360 in Sep '18 to 455 in Jun '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has earned a Timeliness Rating of A and Sponsorship Rating of B.

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
StockCharts.com Latest Chart for SPSC SPSC - NASDAQ
S P S Commerce Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$101.59 -0.78
-0.76%

$102.37

106,907
67.24% of 50 DAV
50 DAV is 159,000
$115.00
-11.66%
6/7/2019 $107.72 PP = $115.10
MB = $120.86
Most Recent Note - 7/8/2019 4:26:56 PM
G - Recent lows in the $98-99 area define important near-term support to watch. Still sputtering below its 50 DMA line ($104.34). A rebound and subsequent volume-driven gains above the pivot point are needed to trigger a new (or add-on) technical buy signal. Faces some resistance due to overhead supply up to the $115 level. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Base Building Now Above 50-Day Moving Average Line - 6/7/2019
 |  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 EPAM EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$184.67 +4.56
2.53%

$186.40

803,229
166.65% of 50 DAV
50 DAV is 482,000
$180.55
2.28%
5/9/2019 $169.25 PP = $180.55
MB = $189.58
Most Recent Note - 7/8/2019 11:53:27 AM
Y - Hitting a new 52-week high with today's 8th consecutive gain in a streak of gains lacking great volume conviction. Recently found support near its 50 DMA line ($172.94). The fact-based investment system requires gains above a stock's pivot point to be backed by at least +40% above average volume to trigger a proper new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Perched Near Pivot Point After a New Flat Base - 6/13/2019
 |  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 ENV ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$69.78 -0.36
-0.51%

$69.92

123,911
44.57% of 50 DAV
50 DAV is 278,000
$72.67
-3.98%
3/15/2019 $66.05 PP = $64.90
MB = $68.15
Most Recent Note - 7/8/2019 4:17:37 PM
G - Consolidating above its 50 DMA line ($68.90) and perched within striking distance of its 52-week high. Prior lows in the $65-66 area define the next important near-term support to watch. Recently reported earnings +5% on +1% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Rebounded Above 50-Day Moving Average Line - 7/2/2019
 |  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 LHCG LHCG - NASDAQ
L H C Group Inc
HEALTH SERVICES - Home Health Care  
$122.40 -0.43
-0.35%

$122.90

323,761
147.16% of 50 DAV
50 DAV is 220,000
$123.10
-0.57%
7/1/2019 $110.94 PP = $122.20
MB = $128.31
Most Recent Note - 7/8/2019 4:20:47 PM
Y - Perched at its all-time high. Another new pivot point was cited based on its 5/20/19 high plus 10 cents. Subsequent gains above its pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($115.86) defines near-term support above recent lows. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Prior Gains Lacked Volume; 50-Day Moving Average Defines Support - 6/17/2019
 |  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 ENSG ENSG - NASDAQ
Ensign Group Inc
HEALTH SERVICES - Long-Term Care Facilities  
$56.80 -1.00
-1.73%

$57.61

222,931
73.09% of 50 DAV
50 DAV is 305,000
$58.88
-3.53%
4/30/2019 $51.46 PP = $53.30
MB = $55.97
Most Recent Note - 7/8/2019 4:16:03 PM
G - Perched near its all-time high. Its 50 DMA line ($54.85) and recent low ($52.34 on 5/31/19) define near-term support to watch. Recently reported earnings +22% on +12% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Nursing Facility Operator Touched New High - 7/1/2019
 |  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 CHDN CHDN - NASDAQ
Churchill Downs Inc
LEISURE - Gaming Activities  
$118.21 -0.17
-0.14%

$118.89

179,645
56.14% of 50 DAV
50 DAV is 320,000
$118.80
-0.50%
6/5/2019 $108.87 PP = $104.96
MB = $110.21
Most Recent Note - 7/8/2019 4:14:41 PM
G - Holding its ground with volume totals cooling while perched at its all-time high. Its 50 DMA line ($105.28) and prior highs in the $104 area define important near-term support to watch on pullbacks. Share price was impacted by a 3:1 split when noted on 1/28/19.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Moving Average - 6/29/2018
 |  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 WWD WWD - NASDAQ
Woodward Inc
MANUFACTURING - Diversified Machinery  
$114.13 -1.04
-0.90%

$115.97

492,390
88.56% of 50 DAV
50 DAV is 556,000
$116.46
-2.00%
6/18/2019 $112.34 PP = $114.65
MB = $120.38
Most Recent Note - 7/5/2019 6:00:53 PM
Y - Posted a gain today and ended the session perched near its all-time high. Subsequent gains above the pivot point backed by at least +40% above average volume may clinch a convincing technical buy signal. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : High Ranked Industrial Firm Perched Near All-Time High - 6/18/2019
 |  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 LULU LULU - NASDAQ
Lululemon Athletica
MANUFACTURING - Textile Manufacturing  
$186.80 +3.59
1.96%

$186.95

1,882,680
88.47% of 50 DAV
50 DAV is 2,128,000
$190.52
-1.95%
6/13/2019 $174.48 PP = $179.60
MB = $188.58
Most Recent Note - 7/8/2019 4:23:09 PM
Y - Found support while recently consolidating above its 50 DMA line ($175.69) which defines important support above the prior low ($160.88 on 5/29/19). Reported Apr '19 quarterly earnings +35% on +20% sales revenues versus the ear ago period.
>>> FEATURED STOCK ARTICLE : Perched Near High Following Another Strong Earnings Report - 6/14/2019
 |  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 ULTA ULTA - NASDAQ
Ulta Beauty Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$352.69 +7.74
2.24%

$353.08

615,882
80.72% of 50 DAV
50 DAV is 763,000
$365.54
-3.52%
3/15/2019 $341.27 PP = $322.59
MB = $338.72
Most Recent Note - 7/5/2019 5:57:30 PM
G - Hovering near its 50 DMA line ($343.47). Recently noted action indicative of distributional pressure after wedging higher with gains backed by lackluster volume as it touched a new all-time high. Reported earnings +17% on +13% sales revenues for the Apr '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Stalled After Recently Wedging to New Record High - 7/5/2019
 |  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 CHGG CHGG - NYSE
Chegg Inc
Consumer Svcs-Education  
$42.79 +2.24
5.52%

$44.45

4,378,702
274.01% of 50 DAV
50 DAV is 1,598,000
$41.69
2.64%
7/8/2019 $44.11 PP = $41.79
MB = $43.88
Most Recent Note - 7/8/2019 11:42:04 AM
Y - Color code is changed to yellow with pivot point cited based on its 3/19/19 high plus 10 cents. Hitting a new 52-week high with today's big volume-driven gain adding to a 7-day winning streak. Formed an orderly base since last noted in the 5/01/19 mid-day report - "Violated its 50 DMA line with a big volume-driven loss on the prior session. Quarterly and annual earnings (C annd A criteria) history has been strong."
>>> FEATURED STOCK ARTICLE : Tallied a Big Volume-Driven Breakout Gain for a New High - 7/8/2019
 |  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 ESNT ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$48.54 -0.59
-1.20%

$49.37

429,061
69.09% of 50 DAV
50 DAV is 621,000
$50.51
-3.90%
3/18/2019 $45.84 PP = $45.06
MB = $47.31
Most Recent Note - 7/3/2019 2:59:27 PM
G - Rebounded further above its 50 DMA line ($47.66 ) and little resistance remains due to overhead supply. Recently reported earnings +15% on +20% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Rebounded Above 50 Day Moving Average After Violation - 7/3/2019
 |  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 NOW NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$293.00 -1.53
-0.52%

$293.78

1,268,659
73.21% of 50 DAV
50 DAV is 1,733,000
$294.62
-0.55%
4/22/2019 $242.64 PP = $251.75
MB = $264.34
Most Recent Note - 7/8/2019 4:23:53 PM
G - Still perched near its all-time high, extended from an sound base. Its 50 DMA line ($272.76) defines near-term support to watch. Recently reported earnings +20% on +34% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Pulling Back After Wedging to New Highs - 6/26/2019
 |  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 VEEV VEEV - NYSE
Veeva Systems Inc Cl A
Computer Sftwr-Medical  
$167.87 -2.18
-1.28%

$169.50

730,135
48.23% of 50 DAV
50 DAV is 1,514,000
$173.65
-3.33%
5/30/2019 $154.32 PP = $145.80
MB = $153.09
Most Recent Note - 7/8/2019 4:31:42 PM
G -Small loss today with light volume broke a streak of 6 consecutive gains. It remains very extended from any sound base. Its 50 DMA line ($152.71) defines near-term support. Reported earnings +52% on +25% sales revenues for the Apr '19 quarter, marking its 5th strong quarter with earnings above the +25% minimum guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Halted Slide After 4 Volume-Driven Losses From High - 6/27/2019
 |  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 PAYC PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$239.06 -0.24
-0.10%

$241.15

500,803
64.29% of 50 DAV
50 DAV is 779,000
$239.33
-0.11%
2/6/2019 $171.66 PP = $164.18
MB = $172.39
Most Recent Note - 7/2/2019 5:42:28 PM
G - Posted a 4th consecutive gain today and ended near its all-time high. Its 50 DMA line ($211) defines near-term support to watch above the recent low ($194.84 on 6/03/19). Reported earnings +25% on +30% sales revenues for the Mar '19 quarter.
>>> FEATURED STOCK ARTICLE : Perched Near High Extended From Any Sound Base - 6/28/2019
 |  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 PYPL PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$116.95 -0.21
-0.18%

$117.23

4,325,572
77.99% of 50 DAV
50 DAV is 5,546,000
$119.95
-2.50%
1/24/2019 $92.56 PP = $93.80
MB = $98.49
Most Recent Note - 7/8/2019 4:26:23 PM
G - It remains quietly perched near its all-time high. Did not form a sound base, yet promptly rebounded after violating its 50 DMA line and prior low ($106.52) on 6/03/19. Recently reported earnings +37% on +12% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Popular Payments Firm Extended From Any Sound Base - 6/19/2019
 |  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 PLNT PLNT - NYSE
Planet Fitness Inc Cl A
Leisure-Services  
$76.35 +0.11
0.14%

$76.45

1,259,667
73.58% of 50 DAV
50 DAV is 1,712,000
$81.90
-6.78%
11/7/2018 $57.10 PP = $55.45
MB = $58.22
Most Recent Note - 7/8/2019 4:25:07 PM
G - Its 50 DMA line has acted as resistance, but a rebound above the 50 DMA line ($76.58) is needed for its outlook to improve. Fundamentals remain strong.

>>> FEATURED STOCK ARTICLE : Undercut 50-Day Moving Average With Volume Behind Losses - 6/21/2019
 |  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 BLD BLD - NYSE
Topbuild Corp
Bldg-Constr Prds/Misc  
$81.92 +0.42
0.52%

$82.29

371,137
110.79% of 50 DAV
50 DAV is 335,000
$86.96
-5.80%
5/17/2019 $82.19 PP = $87.31
MB = $91.68
Most Recent Note - 7/5/2019 5:59:28 PM
Y - Consolidating above support defined by its 50 DMA line ($79.27) and recent lows. Still quietly perched within striking distance of its 52-week high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Fundamentals remain strong.

>>> FEATURED STOCK ARTICLE : Found Support at 50-Day Moving Averge Line - 6/20/2019
 |  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 TEAM TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$137.93 +2.82
2.09%

$138.48

1,249,931
84.45% of 50 DAV
50 DAV is 1,480,000
$137.78
0.11%
5/24/2019 $129.52 PP = $132.09
MB = $138.69
Most Recent Note - 7/8/2019 4:28:23 PM
Y - Posted a gain again today with below average volume and hit a new all-time high. The 50 DMA line ($125.44) and prior low ($115.87 on 6/03/19) define important near-term support to watch. Reported earnings +133% on +38% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Perched at High After Wedging into New High Territory - 6/24/2019
 |  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 UPLD UPLD - NASDAQ
Upland Software Inc
Computer Sftwr-Enterprse  
$47.10 +0.78
1.68%

$47.49

300,120
50.87% of 50 DAV
50 DAV is 590,000
$54.87
-14.16%
6/10/2019 $53.30 PP = $50.74
MB = $53.28
Most Recent Note - 7/8/2019 4:30:16 PM
G - Its 50 DMA line ($47.19) has been acting as resistance, meanwhile, a rebound above it is needed for its outlook to improve.Completed a new Public Offering on 5/08/19. Quarterly comparisons through Mar '19 have shown impressive sales revenues growth and greatly improved earnings increases above the +25% minimum guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Rose From an Advanced Ascending Base - 6/10/2019
 |  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 GLOB GLOB - NYSE
Globant SA
Computer-Tech Services  
$104.57 -0.02
-0.02%

$106.15

281,914
66.65% of 50 DAV
50 DAV is 423,000
$105.39
-0.78%
2/15/2019 $69.35 PP = $70.00
MB = $73.50
Most Recent Note - 7/8/2019 4:19:22 PM
G - Perched at its all-time high following 7 consecutive gains marked by below average volume. Very extended from any sound base. Its 50 DMA line ($92.21) defines important support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Posted Big Gain for Another New High Close - 6/12/2019
 |  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 PAGS PAGS - NYSE
Pagseguro Digital Cl A
Finance-CrdtCard/PmtPr  
$40.69 +0.18
0.44%

$40.91

1,589,424
77.08% of 50 DAV
50 DAV is 2,062,000
$40.82
-0.32%
6/25/2019 $37.69 PP = $40.07
MB = $42.07
Most Recent Note - 7/2/2019 5:40:55 PM
Y - Posted a gain today with below average volume and ended near the session high for a best-ever close. It was highlighted in yellow with pivot point cited based on its 3/29/18 high plus 10 cents in the 6/25/19 mid-day report. Faces no resistance due to overhead. Subsequent volume-driven gains for new highs may trigger a technical buy signal. Quarterly comparisons through Mar '19 showed earnings increases above the +25% minimum guideline (C criteria), however, sequential comparisons have shown deceleration in its sales revenues and earnings growth rate. Limited history for this Brazil-based firm is also a concern. Completed its $21.50 IPO on 1/24/18.

>>> FEATURED STOCK ARTICLE : Brazilian Payment Tech Firm Perched Near High - 6/25/2019
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