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AFTER MARKET UPDATE - FRIDAY, AUGUST 4TH, 2023
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Indices NYSE Nasdaq
DOW  -150.27 35,065.62 -0.43% Volume 889,573,818 +0% Volume 5,412,230,100 -11%
NASDAQ -50.48 13,909.24 -0.36% Advancers 1,538 54% Advancers 1,967 45%
S&P 500 -23.86 4,478.03 -0.53% Decliners 1,306 46% Decliners 2,380 55%
Russell 2000 -3.94 1,957.46 -0.20% 52 Wk Highs 105   52 Wk Highs 71  
S&P 600 -0.75 1,259.51 -0.06% 52 Wk Lows 35   52 Wk Lows 113  

Major Indices Fell Even as Amazon Posted an Influential Gain

Ultimately, the major indices lost ground and closed near their lows of the day, which had the S&P 500 below 4,500. Volume totals reported were near the prior session total on the NYSE and higher on the Nasdaq exchange versus the prior session. Decliners led advancers by a 6-5 margin on the Nasdaq exchange while advancers narrowly led decliners on the NYSE. There were 54 high-ranked companies from the Leaders List that hit a new 52-week high and were listed on the BreakOuts Page, versus the total of 32 on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE but new lows outnumbered new highs on the Nasdaq exchange. The major indices are in an uptrend that is under pressure (M criteria), Healthy leadership is crucial to any sustained rally. Appropriate new buying efforts may still be considered under the fact-based investment systemGreater caution may be necessary in the event of a more serious correction. 

Chart courtesy of www.stockcharts.com


PICTURED: The Dow Jones Industrial Average is retreating from its 2023 high after an impressive streak of gains. 

Market participants reacted to the earnings results from Apple (AAPL -4.8%) and Amazon (AMZN +8.3%), the July Employment Situation Report, and falling Treasury yields. The 2-yr note yield fell 12 basis points to 4.78% and the 10-yr note yield fell 13 basis points to 4.06%. The 10-yr note yield rose nine basis points on the week.

Two of the 11 S&P 500 sectors closed with gains -- consumer discretionary (+1.9%) and energy (+0.03%) -- while the information technology sector logged the biggest decline.

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.


Retail Index Posted a Standout Gain

The Retail Index ($RLX +4.29%) was a standout gainer on Friday while the Bank Index ($BKX -0.19%) and the Broker/Dealer Index ($XBD -0.56%) each ended slightly lower. The tech sector had a negative bias as the Networking Index ($NWX -0.46%), Biotech Index ($BTK -0.55%) and the Semiconductor Index ($SOX -0.24%) each ended slightly lower. The Gold & Silver Index ($XAU +0.99%) and the Integrated Oil Index ($XOI +0.46%) both posted gains while the Oil Services Index ($OSX -0.18%) ended slightly lower.

Chart courtesy of www.stockcharts.com

PICTURED: The Retail Index ($RLX +4.29%) gapped up hitting a new 2023 high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  93.16 -0.17 -0.18% +11.09%
Integrated Oil $XOI  1,830.68 +8.31 +0.46% +2.43%
Semiconductor $SOX  3,699.20 -8.87 -0.24% +46.09%
Networking $NWX  794.73 -3.66 -0.46% +1.46%
Broker/Dealer $XBD  505.99 -2.84 -0.56% +12.66%
Retail $RLX  3,628.40 +149.22 +4.29% +31.75%
Gold & Silver $XAU  119.63 +1.18 +0.99% -1.02%
Bank $BKX  87.90 -0.17 -0.19% -12.84%
Biotech $BTK  5,178.79 -28.65 -0.55% -1.94%


Formed Ascending Base and Now Testing 50-Day Moving Average

Axcelis Technologies (ACLS -$10.87 or -5.82% to $175.74) finished weak after highlighted in yellow with pivot point cited based on its 8/01/23 high plus 10 cents in the earlier mid-day report (read here). It has formed an advanced "ascending base" pattern. It tested support at its 50-day moving average (DMA) line ($174.67) with today's 4th consecutive volume-driven loss after hitting a new 52-week high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal.

ACLS reported Jun '23 quarterly earnings +41% on +24% sales revenues versus the year-ago period, and 3 of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). There was a downturn in FY '19 annual earnings (A criteria) history followed by strong growth. It has a 97 Earnings Per Share Rating, well above the 80+ minimum guideline for buy candidates.

The number of top-rated funds owning its shares rose from 515 in Sep '22 to 649 on Jun '23, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 0.8 is an unbiased indication its share have encountered some distributional pressure over the past 50 days. There are only 32.7 million shares (S criteria) outstanding, which can contribute to greater price volatility in the event of institutional buying or selling.

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 STRL STRL - NASDAQ
Sterling Infrastructure
Bldg-Heavy Construction  
$61.00 -0.30
-0.49%

$61.70

296,961
86.58% of 50 DAV
50 DAV is 343,000
$63.21
-3.50%
12/14/2022 $32.41 PP = $33.72
MB = $35.41
Most Recent Note - 8/1/2023 1:02:46 PM
G - Posting a 6th consecutive gain today for a new all-time high. It is very extended from any sound base and its 50 DMA line ($54) defines near-term support to watch. Mar '23 quarterly earnings were below the +25% minimum guideline (C criteria) raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Streak of Gains Lifts Sterling Infrastructure to New Highs - 7/3/2023
 |  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 FIX FIX - NYSE
Comfort Systems USA
Bldg-A/C and Heating Prds  
$177.51 +0.70
0.40%

$179.95

164,122
73.27% of 50 DAV
50 DAV is 224,000
$177.23
0.16%
4/27/2023 $148.85 PP = $152.23
MB = $159.84
Most Recent Note - 7/28/2023 6:00:19 PM
G - Hit a new all-time high today after testing its 50 DMA line ($159) on the prior session. Reported Jun '23 quarterly earnings +65% on +27% versus the year ago period. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Pulled Back From High With Lighter Volume - 7/19/2023
 |  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 KOF KOF - NYSE
Coca Cola Femsa Sab Ads
FOOD and BEVERAGE - Beverages - Soft Drinks  
$81.05 +0.09
0.11%

$82.16

88,553
54.70% of 50 DAV
50 DAV is 161,900
$91.23
-11.16%
6/9/2023 $88.61 PP = $91.33
MB = $95.90
Most Recent Note - 8/2/2023 6:01:06 PM
G - Reported Jun '23 quarterly earnings +23% on +26% sales revenues versus the year-ago period, below the +25% minimum guideline (C criteria). Its Relative Strength Rating has slumped to 79 while meeting resistance and lingering below its 50 DMA line. A rebound above the 50 DMA line ($84.76) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Slumping Below 50-Day Moving Average and Below Prior Low - 7/6/2023
 |  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 CLH CLH - NYSE
Clean Harbors
Pollution Control  
$167.13 -0.15
-0.09%

$171.10

338,185
85.40% of 50 DAV
50 DAV is 396,000
$174.10
-4.00%
3/10/2023 $136.89 PP = $136.74
MB = $143.58
Most Recent Note - 8/2/2023 5:59:00 PM
G - Hit a new all-time high today while trading higher volume but ending little changed. Reported earnings for the Jun '23 quarter -13% on +3% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. , extended from any sound base. Its 50 DMA line ($159) defines important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Negative Reversal at High After +26% Rally in 4 Months - 7/18/2023
 |  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 SPSC SPSC - NASDAQ
SPS Commerce
Comp Sftwr-Spec Enterprs  
$166.99 -1.41
-0.84%

$170.08

113,728
53.65% of 50 DAV
50 DAV is 212,000
$196.39
-14.97%
4/24/2023 $150.01 PP = $157.56
MB = $165.44
Most Recent Note - 8/2/2023 6:06:42 PM
G - Suffered a damaging loss and slumped further below its 50 DMA line ($177) and its color code is changed to green. A rebound above the 50 DMA line is needed for its outlook to improve. Reported Jun '23 quarterly earnings +30% on +19% sales revenues versus the year-ago period.
>>> FEATURED STOCK ARTICLE : Pulled Back Abruptly to 50-Day Moving Average Line - 7/24/2023
 |  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 HUBB HUBB - NYSE
Hubbell
Electrical-Power/Equipmt  
$304.23 -2.35
-0.77%

$309.33

329,115
76.18% of 50 DAV
50 DAV is 432,000
$340.06
-10.54%
4/25/2023 $262.85 PP = $257.51
MB = $270.39
Most Recent Note - 8/4/2023 6:15:19 PM
G - Slumping further below its 50 DMA line ($315.72) with today's loss raising concerns. Fundamentals remain strong after Jun '23 earnings rose +45%. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Pulled Back Undercutting 50 Day Moving Average Line - 7/26/2023
 |  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 NVR NVR - NYSE
N V R Inc
MATERIALS and CONSTRUCTION - Residential Construction  
$6,320.97 +72.95
1.17%

$6,339.00

23,389
101.69% of 50 DAV
50 DAV is 23,000
$6,474.53
-2.37%
4/25/2023 $5,882.18 PP = $5,978.25
MB = $6,277.16
Most Recent Note - 7/27/2023 7:50:27 PM
G - Pulled back today with above average volume. Reported Jun '23 quarterly earnings -6% on -13% sales revenues raising greater fundamental concerns. Its prior low ($6,009 on 7/06) and 50 DMA line ($6,028) define near-term support watch.
>>> FEATURED STOCK ARTICLE : New High Close for Strong Homebuilder - 6/30/2023
 |  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 PHM PHM - NYSE
PulteGroup
Bldg-Resident/Comml  
$84.35 +2.90
3.56%

$84.60

2,723,586
97.90% of 50 DAV
50 DAV is 2,782,000
$86.01
-1.93%
4/25/2023 $65.17 PP = $64.01
MB = $67.21
Most Recent Note - 7/27/2023 7:42:23 PM
G - There was a "negative reversal" today after hitting another new high. It is very extended from any sound base. Recently reported earnings +18% for the Jun '23 quarter versus the year-ago period, below the +25% minimum guideline (C criteria) raising concerns. Important support to watch is defined by its 50 DMA line ($74.54). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Reversed After Reaching a New All-Time High - 7/27/2023
 |  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 AMPH AMPH - NASDAQ
Amphastar Pharm
Medical-Biomed/Biotech  
$62.81 -0.27
-0.43%

$63.64

200,831
46.60% of 50 DAV
50 DAV is 431,000
$63.72
-1.43%
5/15/2023 $43.56 PP = $44.15
MB = $46.36
Most Recent Note - 8/2/2023 6:02:40 PM
G - Still hovering near its all-time high with volume totals cooling. It has not formed a sound new base of sufficient length. Its 50 DMA line ($53.75) defines important support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : 6th Straight Gain for Amphastar - 7/20/2023
 |  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 ANET ANET - NYSE
Arista Networks
Computer-Networking  
$179.60 +1.84
1.04%

$182.51

2,574,975
68.65% of 50 DAV
50 DAV is 3,751,000
$190.65
-5.80%
8/1/2023 $188.84 PP = $178.46
MB = $187.38
Most Recent Note - 8/2/2023 6:04:28 PM
Y - Gapped down today negating a portion of the considerable volume-driven gain on the prior session and slumping near the prior high and pivot point. Color code was changed to yellow with new pivot point cited based on its 5/30/23 high plus 10 cents. Bullish action came after it reported Jun '23 quarterly earnings +40% on +39% sales revenues versus the year-ago period. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Wedging Higher After Rebounding Above 50-Day Moving Average - 7/12/2023
 |  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 PANW PANW - NASDAQ
Palo Alto Networks
Computer Sftwr-Security  
$218.32 -19.13
-8.06%

$225.50

15,174,545
233.35% of 50 DAV
50 DAV is 6,503,000
$258.88
-15.67%
6/5/2023 $228.35 PP = $213.73
MB = $224.42
Most Recent Note - 8/4/2023 6:12:42 PM
G - Gapped down today violating its 50 DMA line ($237.84) and undercutting the prior low ($131) triggering a technical sell signal. Fundamentals remain strong after it reported Jun '23 quarterly earnings +83% on +24% sales revenues versus the year ago period.
>>> FEATURED STOCK ARTICLE : Volume Cooling While Hovering Near High - 7/31/2023
 |  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 LSCC LSCC - NASDAQ
Lattice Semiconductor
Elec-Semicondctor Fablss  
$92.68 +1.69
1.86%

$94.09

1,722,258
76.72% of 50 DAV
50 DAV is 2,245,000
$98.18
-5.60%
6/13/2023 $91.73 PP = $96.92
MB = $101.77
Most Recent Note - 7/27/2023 7:44:48 PM
Y - Color code is changed to yellow after today's gap up and big volume-driven gain helped it promptly rebound above the 50 DMA line helping its outlook improve, Due to report Jun '23 quarterly results on 7/31/23.
>>> FEATURED STOCK ARTICLE : Perched Near Pivot Point After Best-Ever Close - 7/17/2023
 |  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 XPEL XPEL - NASDAQ
XPEL
Auto/Truck-Replace Parts  
$81.72 +0.93
1.15%

$82.88

70,329
54.10% of 50 DAV
50 DAV is 130,000
$87.46
-6.56%
6/28/2023 $83.14 PP = $87.11
MB = $91.47
Most Recent Note - 7/31/2023 4:25:08 PM
Y - Color code was changed to yellow after rebounding back above its 50 DMA line ($78.68) with 2 consecutive gains. Stalled after recently hitting a new 52-week high. Reported Mar '23 quarterly earnings +46% on +19% sales revenues versus the year-ago period, its 3rd quarterly comparison above the +25% minimum earnings guideline (C criteria), helping it better match the winning models of the fact-based investment system.
>>> FEATURED STOCK ARTICLE : Consolidating After Rebounding Above 50-Day Moving Average - 8/2/2023
 |  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 FTNT FTNT - NASDAQ
Fortinet
Computer Sftwr-Security  
$56.77 -18.99
-25.07%

$61.36

32,740,262
602.29% of 50 DAV
50 DAV is 5,436,000
$81.24
-30.12%
7/10/2023 $78.29 PP = $74.45
MB = $78.17
Most Recent Note - 8/4/2023 6:09:54 PM
G - Color code is changed to green after a gap down and damaging volume-driven loss today triggered a technical sell signal. The considerable loss undercut its prior high in the $74 area and violated both its 50 DMA line ($73.33) and its 200 DMA line ($61.49) raising serious concerns. Fundamentals remain strong after it reported Jun '23 quarterly earnings +58% on +26% sales revenues versus the year-ago period.
>>> FEATURED STOCK ARTICLE : Fortinet Powered to New All-Time High - 7/10/2023
 |  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 PII PII - NYSE
Polaris
Leisure-Products  
$130.30 -1.98
-1.50%

$132.45

535,258
87.60% of 50 DAV
50 DAV is 611,000
$138.49
-5.91%
7/11/2023 $126.92 PP = $123.97
MB = $130.17
Most Recent Note - 7/31/2023 5:06:08 PM
G - Posted a gain today with above average volume. Reported Jun '23 quarterly earnings +0% versus the year ago period, below the +25% minimum earnings guideline (C criteria). On pullbacks, the prior highs define initial support to watch above its 50 DMA line ($120.73).
>>> FEATURED STOCK ARTICLE : Volume-Driven Breakout for Polaris - 7/11/2023
 |  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 ALGM ALGM - NASDAQ
Allegro MicroSystems
Elec-Semicondctor Fablss  
$42.51 -0.62
-1.44%

$43.59

1,755,257
114.05% of 50 DAV
50 DAV is 1,539,000
$53.05
-19.87%
7/13/2023 $49.86 PP = $48.82
MB = $51.26
Most Recent Note - 8/1/2023 12:40:58 PM
G - Gapped down today undercutting the prior low with a big volume-driven loss raising concerns and its color code is changed to green. Reported Jun '23 quarterly earnings +63% versus the year-ago period. Volume and volatility often increase near earnings news. Disciplined investors always limit losses by selling any stock that falls more than -8% from their purchase price.
>>> FEATURED STOCK ARTICLE : Volume Heavy Behind Considerable Breakout Gain - 7/13/2023
 |  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 ESQ ESQ - NASDAQ
Esquire Finl Hldgs
Finance-Commercial Loans  
$50.78 +0.30
0.59%

$51.45

12,508
41.69% of 50 DAV
50 DAV is 30,000
$54.03
-6.02%
7/14/2023 $45.80 PP = $48.23
MB = $50.64
Most Recent Note - 7/27/2023 7:46:46 PM
Y - Color code is changed to yellow after pulling back below its "max buy" level. Found support above its 50 DMA line on the recent pullback.
>>> FEATURED STOCK ARTICLE : Esquire Perched Near Prior Highs - 7/14/2023
 |  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 MEDP MEDP - NASDAQ
Medpace Holdings
Medical-Research Eqp/Svc  
$258.75 +0.71
0.28%

$261.68

181,557
46.55% of 50 DAV
50 DAV is 390,000
$264.19
-2.06%
7/25/2023 $196.32 PP = $241.57
MB = $253.65
Most Recent Note - 7/27/2023 7:53:30 PM
Y - Pulled back with average volume today for a 2nd consecutive loss after hitting a new all-time high. Prior highs in the $241 area define support to watch on pullbacks. Reported earnings increases above the +25% minimum earnings guideline (C criteria) in the past 5 quarterly comparisons through Jun '23.
>>> FEATURED STOCK ARTICLE : Medpace Posted a Solid Volume-Driven Gain for a New High - 7/25/2023
 |  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 COKE COKE - NASDAQ
Coca-Cola Consolidated
Beverages-Non-Alcoholic  
$695.05 -12.74
-1.80%

$702.98

59,606
141.92% of 50 DAV
50 DAV is 42,000
$731.90
-5.03%
8/3/2023 $718.56 PP = $694.30
MB = $729.02
Most Recent Note - 8/3/2023 6:04:46 PM
Y - Finished strong after highlighted in yellow with pivot point cited based on its 5/04/23 high plus 10 cents in the earlier mid-day report. Reported Jun '23 quarterly earnings +54% on +9% sales revenues versus the year-ago period, continuing its strong track record. Hitting a new 52-week high with today's big volume-driven gain triggering a technical buy signal, rebounding from below its 50 DMA line ($650). See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Powerful Breakout for COKE - 8/3/2023
 |  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 ACLS ACLS - NASDAQ
Axcelis Technologies
Elec-Semiconductor Equip  
$175.74 -10.87
-5.82%

$185.31

811,843
147.88% of 50 DAV
50 DAV is 549,000
$201.00
-12.57%
8/4/2023 $181.59 PP = $201.10
MB = $211.16
Most Recent Note - 8/4/2023 6:05:31 PM
Y - Finished weak today after highlighted in yellow with pivot point cited based on its 8/01/23 high plus 10 cents. It has formed an advanced "ascending base" pattern. Testing support at its 50 DMA line ($175) with today's 4th consecutive volume-driven loss after hitting a new 52-week high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported Jun '23 quarterly earnings +41% on +24% sales revenues versus the year-ago period, and 3 of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). There was a downturn in FY '19 annual earnings (A criteria) history followed by strong growth. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Formed Ascending Base and Now Testing 50-Day Moving Average - 8/4/2023
 |  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

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.

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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.

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