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AFTER MARKET UPDATE - MONDAY, AUGUST 9TH, 2021
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -106.66 35,101.85 -0.30% Volume 736,579,990 -2% Volume 4,079,962,600 -1%
NASDAQ +25.40 14,861.16 +0.17% Advancers 1,229 38% Advancers 2,047 47%
S&P 500 -4.17 4,432.35 -0.09% Decliners 2,025 62% Decliners 2,275 53%
Russell 2000 -12.95 2,234.81 -0.58% 52 Wk Highs 110   52 Wk Highs 122  
S&P 600 -11.79 1,344.48 -0.87% 52 Wk Lows 29   52 Wk Lows 76  

Leadership Thinned as Major Indices Slumped

The Dow fell 106 points, while the S&P 500 dipped 0.1%, with both benchmarks drifting from record closing highs notched on Friday. The Nasdaq Composite rose 0.2%. The volume totals reported were lighter than the prior session on the NYSE and on the Nasdaq exchange. Breadth was negative as decliners led advancers by a 5-3 margin on the NYSE and by a narrower margin on the Nasdaq exchange. There were 39 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page versus 63 on the prior session. New 52-week highs totals contracted yet still outnumbered new 52-week lows totals on the NYSE and on the Nasdaq exchange. The major indices (M criteria) are in an uptrend that has come under pressure. 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 pulled back from a new record high hit on Friday.

U.S. stocks finished mostly lower on Monday amid lingering COVID-19 concerns. In commodities, WTI crude dropped 2.1% to $66.82/barrel on the heels of its worst weekly performance since October. Concerns about the strength of the economic recovery continued to weigh on near-term demand prospects amid a resurgence in coronavirus cases and moves to reinstate some restrictions, particularly in China. The metals complex was also weaker, with COMEX gold slumping 1.8% to $1,728.80/ounce, its lowest level since March.

Treasuries ended lower, with the yield on the 10-year note up two basis point to 1.32%. In central bank rhetoric, Atlanta Fed President Bostic shared his view that policymakers are on track to taper monetary stimulus if the next couple months bring continued labor market improvement, with rate hikes potentially starting in 2022. On Friday, the Labor Department showed the U.S. economy added the most jobs in nearly a year during July. On the data front today, the Job Openings and Labor Turnover Survey (JOLTS) showed the number of available positions dwarfed estimates to hit a fresh record level in June.

In corporate news, Moderna (MRNA +17.10%) rallied to a fresh all-time high as the drugmaker’s COVID-19 vaccine was authorized for use in Australia, while the anticipated need for booster shots also provided a tailwind to shares. Meanwhile, Tyson Foods (TSN +8.69%) rose after exceeding top and bottom line projections.

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.


Broker/Dealer and Biotech Indexes Rose

The Broker/Dealer Index ($XBD +0.85%) posted a gain while the Bank Index ($BKX +0.08%) finished flat and the Retail Index ($RLX -0.19%) edged lower. The Biotech Index ($BTK +0.53%) notched a small gain while the Semiconductor Index ($SOX -0.36%) and Networking Index ($NWX -0.70%) both lost ground. Commodity-linked groups lost ground as the Gold & Silver Index ($XAU -2.75%) outpaced the Oil Services Index ($OSX -1.87%) and Integrated Oil Index ($XOI -1.49%) to the downside.

Chart courtesy of www.stockcharts.com

PICTURED: The Networking Index ($NWX -0.70%) slipped below its 50-day moving average (DMA) line again.

Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  52.84 -1.01 -1.87% +19.20%
Integrated Oil $XOI  1,008.69 -15.22 -1.49% +27.28%
Semiconductor $SOX  3,399.70 -12.35 -0.36% +21.61%
Networking $NWX  848.14 -5.98 -0.70% +18.27%
Broker/Dealer $XBD  487.14 +4.09 +0.85% +29.01%
Retail $RLX  3,955.78 -7.47 -0.19% +11.02%
Gold & Silver $XAU  133.01 -3.76 -2.75% -7.76%
Bank $BKX  127.44 +0.10 +0.08% +30.16%
Biotech $BTK  5,986.10 +31.33 +0.53% +4.31%


Consolidating Near Prior Highs Facing Little Resistance

S V B Financial Group (SIVB -$2.68 or -0.45% to $587.02) pulled back today with lighter volume. Last week's rebound above its 50-day moving average (DMA) line ($566.50) helped its outlook improve. A new pivot point was cited based on its 6/08/21 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new technical buy signal. Prior lows in the $531-529 area define important near-term support to watch.

Its Earnings Per Share Rating is 99. Recently it reported Jun '21 quarterly earnings +106% on +69% sales revenues versus the year ago period, its 4th strong comparison above the +25% minimum guideline (C criteria) of the fact-based investment system's guidelines. It has a great annual earnings history (A criteria).

SIVB was last shown in this FSU section on 6/25/21 with an annotated graph under the headline, "Consolidating Near 50-Day Average After Distributional Pressure". The company completed a new Public Offering on 3/24/21. The number of top-rated funds owning its shares rose from 761 in Mar '17 to 1,834 in Jun '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.1 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has earned a Timeliness rating of B and a Sponsorship Rating of B. There are only 53.8 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling.

Charts courtesy wwwstockcharts.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 SIVB SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$587.02 -2.68
-0.45%

$598.42

231,799
63.68% of 50 DAV
50 DAV is 364,000
$608.84
-3.58%
8/6/2021 $589.70 PP = $608.94
MB = $639.39
Most Recent Note - 8/9/2021 5:37:13 PM
Y - Perched near prior highs, consolidating above its 50 DMA line ($566.50). Color code was changed to yellow with new pivot point cited based on its 6/08/21 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new technical buy signal. Reported Jun '21 quarterly earnings +106% on +69% sales revenues versus the year ago period, continuing its strong earnings track record. Prior lows in the $531-529 area define important near-term support to watch. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Consolidating Near Prior Highs Facing Little Resistance - 8/9/2021
 |  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 CROX CROX - NASDAQ
Crocs Inc
CONSUMER NON-DURABLES - Textile - Apparel Footwear  
$140.69 -0.12
-0.09%

$142.55

709,571
47.15% of 50 DAV
50 DAV is 1,505,000
$144.26
-2.47%
6/14/2021 $112.64 PP = $110.01
MB = $115.51
Most Recent Note - 8/4/2021 5:14:28 PM
G - Hit another new all-time high with light volume behind today's 3rd consecutive gain, getting more extended from any sound base. Found support at its 50 DMA line ($115.19).
>>> FEATURED STOCK ARTICLE : Quietly Consolidating Below "Max Buy" Level - 7/7/2021
 |  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 CRL CRL - NYSE
Charles River Labs Intl
DRUGS - Biotechnology  
$409.41 +1.00
0.24%

$411.60

232,062
58.75% of 50 DAV
50 DAV is 395,000
$420.25
-2.58%
6/9/2021 $345.91 PP = $349.23
MB = $366.69
Most Recent Note - 8/9/2021 5:40:17 PM
G - Extended from any sound base and stubbornly holding its ground perched near its all-time high. Recent volume totals have been lackluster while wedging into record high territory. Its 50 DMA line ($373) defines near-term support to watch on pullbacks. Two of the past 3 quarterly comparisons through Mar '21 have been above the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Perched at High - 7/13/2021
 |  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  
$417.86 +2.82
0.68%

$419.85

473,333
56.22% of 50 DAV
50 DAV is 842,000
$457.00
-8.56%
6/8/2021 $348.46 PP = $342.38
MB = $359.50
Most Recent Note - 8/6/2021 5:33:50 PM
G - Posted a 2nd consecutive gain with near average volume, finding support above its 50 DMA line ($390). Reported Jun '21 quarterly earnings +71% on +68% sales revenues versus the year ago period. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Gain for New High Leaves GNRC Very Extended From Prior Base - 7/12/2021
 |  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  
$38.60 +0.96
2.55%

$38.72

207,132
91.65% of 50 DAV
50 DAV is 226,000
$40.47
-4.62%
8/4/2021 $39.67 PP = $40.57
MB = $42.60
Most Recent Note - 8/5/2021 12:45:33 PM
Y - Reversed into the red after hitting a new all-time high today. Posted a solid gain on the prior session with above average volume and closed at the session high for a best-ever close. Bullish action came after it reported Jun '21 quarterly earnings +138% on +82% sales revenues versus the year-ago period, continuing its strong earnings track record. A new pivot point was cited based on its 6/09/21 high plus 10 cents. Subsequent 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. The 50 DMA line ($36.43) defines important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Loss With Light Volume Undercut 50-Day Moving Average - 7/8/2021
 |  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 PKI PKI - NYSE
Perkinelmer Inc
ELECTRONICS - Scientific and Technical Instrum  
$186.68 +1.25
0.67%

$187.61

600,504
80.60% of 50 DAV
50 DAV is 745,000
$188.40
-0.91%
7/26/2021 $168.06 PP = $162.80
MB = $170.94
Most Recent Note - 8/6/2021 5:17:17 PM
G - Extended from any sound base. A small loss today on light volume followed a streak of 15 gains in the prior 16 sessions, many with above average volume as it hit new all-time highs. Bullish action came after it reported earnings +80% on +51% sales revenues for the Jun '21 quarter versus the year ago period. Prior high ($162) defines initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Powerful Volume-Driven Breakout After Earnings Report - 7/26/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for TRMB TRMB - NASDAQ
Trimble Inc
ELECTRONICS - Scientific and Technical Instrum  
$89.18 -0.18
-0.20%

$89.83

906,746
90.13% of 50 DAV
50 DAV is 1,006,000
$90.25
-1.19%
8/5/2021 $88.83 PP = $84.97
MB = $89.22
Most Recent Note - 8/5/2021 5:07:08 PM
Y - Finished strong today after highlighted in yellow with pivot point cited based on its 4/06/21 high plus 10 cents in the earlier mid-day report. The big gain above the pivot point was backed by +72% above average volume to clinch a proper technical buy signal. Found support at its 50 DMA line ($81.14). Reported earnings +38% on +29% sales revenues for the Jun '21 quarter versus the year ago period. Three of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been strong and steady. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Finished Strong With Gain for New High Backed by Volume - 8/5/2021
 |  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 UMC UMC - NYSE
United Microelectrnc Adr
ELECTRONICS - Semiconductor - Integrated Cir  
$11.20 -0.13
-1.15%

$11.29

4,783,915
75.84% of 50 DAV
50 DAV is 6,308,000
$11.71
-4.36%
8/5/2021 $11.62 PP = $11.38
MB = $11.95
Most Recent Note - 8/6/2021 5:09:16 PM
Y - Pulled back today but showed resilience and closed in the upper third of its intra-day range. It was highlighted in yellow in the 8/05/21 mid-day report with pivot point cited based on its 2/16/21 high plus 10 cents. The gap gain helped it rally above the pivot point for a new all-time high backed by +72% above average volume triggering a proper technical buy signal. Reported Jun '21 quarterly earnings +100% on +21% sales revenues versus the year ago period. Recent quarters showed solid earnings and improved sales revenues increases satisfying the C criteria. Annual earnings (A criteria) growth has been strong after a noted downturn in FY '18. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Taiwan-Based Semiconductor Firm's Breakout Highlighted This Week - 8/6/2021
 |  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 ASML ASML - NASDAQ
A S M L Holding N.V. NY
ELECTRONICS - Semiconductor Equipment and Mate  
$788.68 +5.40
0.69%

$792.25

476,224
69.32% of 50 DAV
50 DAV is 687,000
$805.64
-2.11%
5/25/2021 $669.59 PP = $675.75
MB = $709.54
Most Recent Note - 8/9/2021 5:41:47 PM
G - Hovering near its all-time high, stubbornly holding its ground with volume totals cooling. Its 50 DMA line ($710) defines important near-term support to watch on pullbacks.
>>> 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 ENTG ENTG - NASDAQ
Entegris Inc
ELECTRONICS - Semiconductor Equipment and Mate  
$121.72 +0.14
0.12%

$123.88

448,261
64.78% of 50 DAV
50 DAV is 692,000
$126.41
-3.71%
8/4/2021 $125.33 PP = $126.51
MB = $132.84
Most Recent Note - 8/4/2021 5:01:20 PM
Y - Color code was changed to yellow with pivot point cited based on its 4/05/21 high plus 10 cents. Matched its 52-week high with today's 6th consecutive gain. Subsequent gains and a close above the pivot point backed by at least +40% above average volume may trigger a proper technical buy signal. Fundamentals remain strong as it reported Jun '21 quarterly earnings +42% on +27% sales revenues. Its Relative Strength Rating is 85, above the 80+ minimum guideline for buy candidates. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Perched Near High After 6th Consecutive Gain - 8/4/2021
 |  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 LUNA LUNA - NASDAQ
Luna Innovations Inc
Medical-Research Eqp/Svc  
$12.79 +0.20
1.59%

$12.97

167,379
110.12% of 50 DAV
50 DAV is 152,000
$13.05
-1.99%
7/26/2021 $12.46 PP = $13.15
MB = $13.81
Most Recent Note - 8/5/2021 5:15:53 PM
Y - Managed a best-ever close with +24% above average volume today as it posted a 12th gain in the span of 13 sessions. Highlighted in yellow in the 7/26/21 mid-day report with pivot point cited based on its 3/12/21 high plus 10 cents. Rallied impressively from support at its 200 DMA line, nearly challenging its 52-week high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported Mar '21 quarterly earnings +50% on +53% sales revenues versus the year ago period, its 4th strong quarterly comparison (C criteria). Annual earnings (A criteria) history has improved in recent years, helping it match with the fundamental guidelines of the fact-based investment system.
>>> FEATURED STOCK ARTICLE : Pulled Back After Streak of Gains Challenging 52-Week High - 7/27/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CLFD CLFD - NASDAQ
Clearfield Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$42.66 +0.19
0.45%

$44.36

89,481
69.91% of 50 DAV
50 DAV is 128,000
$45.36
-5.95%
7/23/2021 $40.23 PP = $43.74
MB = $45.93
Most Recent Note - 8/4/2021 5:04:42 PM
Y - Holding its ground near its high with volume totals cooling after recent volume-driven gains. Fundamentals remain strong. Bullish action came after it reported Jun '21 quarterly earnings +100% on +49% sales revenues.
>>> FEATURED STOCK ARTICLE : Big Volume-Driven Gain Challenging Prior High After Earnings - 7/23/2021
 |  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  
$485.40 +4.31
0.90%

$486.34

154,566
58.28% of 50 DAV
50 DAV is 265,200
$495.22
-1.98%
6/21/2021 $455.09 PP = $449.54
MB = $472.02
Most Recent Note - 8/6/2021 5:20:01 PM
G - Volume totals are cooling while perched at its all-time high, extended from any sound base. Its 50 DMA line ($456) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Churned Heavy Volume While Testing 50-Day Moving Average - 7/22/2021
 |  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  
$34.00 -1.87
-5.21%

$35.87

39,276
140.27% of 50 DAV
50 DAV is 28,000
$36.85
-7.73%
5/18/2021 $35.08 PP = $36.85
MB = $38.69
Most Recent Note - 8/6/2021 5:13:41 PM
G - Gapped up and rose above its 50 DMA line near its 52-week high with today's gain backed by light volume. Recently reported Jun '21 quarterly earnings -16% on -11% sales revenues versus the year ago period raising fundamental concerns. Do not be confused by a 2:1 stock split which impacted share prices as of 7/15/21 (Featured Price, Pivot Point, and Max Buy levels were updated accordingly).
>>> FEATURED STOCK ARTICLE : Latest Earnings Report Broke Streak of Strong Increases - 7/29/2021
 |  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 SMPL SMPL - NASDAQ
Simply Good Foods Co
Food-Confectionery  
$35.80 -0.45
-1.24%

$36.44

226,398
48.07% of 50 DAV
50 DAV is 471,000
$38.50
-7.01%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 8/4/2021 5:07:05 PM
G - Volume totals are still cooling, but it undercut its 50 DMA line ($36.16) with today's loss testing near prior highs in the $35 area. More damaging losses would raise greater concerns. Reported May '21 quarterly earnings +65% on +32% sales revenues versus the year ago period, well above the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Pulled Back from High With Small Losses on Light Volume - 7/15/2021
 |  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 PYPL PYPL - NASDAQ
"PayPal Holdings, Inc"
Finance-CrdtCard/PmtPr  
$278.15 -1.39
-0.50%

$281.10

3,814,748
60.69% of 50 DAV
50 DAV is 6,285,300
$310.16
-10.32%
7/27/2021 $296.69 PP = $307.82
MB = $323.21
Most Recent Note - 8/6/2021 5:21:59 PM
G - Still sputtering after slumping below its 50 DMA line ($284) with damaging volume-driven losses recently raising concerns, technically. Weak action came after it reported Jun '21 quarterly earnings +7% on +19% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Paypal Perched at Record High - 7/28/2021
 |  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 SQ SQ - NYSE
Square Inc Cl A
Finance-CrdtCard/PmtPr  
$279.73 +4.63
1.68%

$286.52

10,522,353
121.91% of 50 DAV
50 DAV is 8,631,000
$289.23
-3.28%
8/2/2021 $273.78 PP = $283.29
MB = $297.45
Most Recent Note - 8/6/2021 5:27:54 PM
Y - Pulled back today with lighter (average) volume. Hit a new all-time high on the prior session with a big volume-driven gain above the pivot point triggering a technical buy signal. It reported Jun '21 quarterly earnings +267% on +143% sales revenues versus the year ago period, its 4th strong comparison well above the +25% minimum guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Pullback Following Big Gain on Strong Earnings and M&A News - 8/3/2021
 |  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  
$1,549.99 +24.93
1.63%

$1,551.99

1,091,423
79.38% of 50 DAV
50 DAV is 1,375,000
$1,650.00
-6.06%
7/2/2021 $1,468.00 PP = $1,552.23
MB = $1,629.84
Most Recent Note - 8/9/2021 5:38:48 PM
Y - Consolidating near its pivot point after encountering distributional pressure. Its 50 DMA line ($1,442) and recent low define near term support to watch. Reported Jun '21 quarterly earnings +113% on +57% sales revenues versus the year ago period.
>>> FEATURED STOCK ARTICLE : Managed a Positive Reversal After Early Weakness - 7/19/2021
 |  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  
$101.36 +0.04
0.04%

$102.68

694,794
60.16% of 50 DAV
50 DAV is 1,155,000
$105.62
-4.03%
5/13/2021 $84.20 PP = $90.65
MB = $95.18
Most Recent Note - 8/6/2021 5:25:35 PM
G - There was a "negative reversal" today on light volume after hitting new all-time highs with recent gains backed by above average volume. Reported Jun '21 quarterly earnings +66% on +45% sales revenues versus the year ago period, continuing its strong earnings track record. Its 50 DMA line ($92.51) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Consolidating Near High - 7/9/2021
 |  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 DOCU DOCU - NASDAQ
Docusign Inc
Computer Sftwr-Enterprse  
$306.50 +3.87
1.28%

$307.52

1,059,814
36.74% of 50 DAV
50 DAV is 2,885,000
$310.51
-1.29%
7/6/2021 $288.96 PP = $290.33
MB = $304.85
Most Recent Note - 8/4/2021 5:15:34 PM
Y - Posted a gain today with light volume. Hovering near its all-time high after wedging into new high territory with recent gains lacking great volume conviction. Prior low ($270.41 on 7/15/21) defines initial support above its 50 DMA line ($268).
>>> FEATURED STOCK ARTICLE : Touched New High With Average Volume Behind Today's Gain - 7/6/2021
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Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for XPEL XPEL - NASDAQ
Xpel Inc
Auto/Truck-Tires andamp; Misc  
$81.96 -1.93
-2.30%

$85.35

550,686
245.84% of 50 DAV
50 DAV is 224,000
$103.84
-21.07%
7/21/2021 $92.25 PP = $94.31
MB = $99.03
Most Recent Note - 8/6/2021 5:23:54 PM
G - Still sputtering below its 50 DMA line ($87.44) with today's loss on average volume. Raised concerns as it fell back into the previously noted base. Prior lows in the $78.50 are define the next important support. Due to report Jun '21 quarterly results on 8/09/21. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : New Base Formed May Be "Late Stage" - 7/21/2021
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StockCharts.com Latest Chart for JEF JEF - NYSE
Jefferies Financial Grp
Finance-Invest Bnk/Bkrs  
$35.03 +0.11
0.32%

$35.16

1,173,189
57.79% of 50 DAV
50 DAV is 2,030,000
$35.69
-1.85%
6/28/2021 $31.81 PP = $34.42
MB = $36.14
Most Recent Note - 8/5/2021 5:14:00 PM
Y - Holding its ground stubbornly and volume totals have still been cooling since it found support when recently testing its 50 DMA line ($32.38). More damaging losses would raise concerns and trigger a technical sell signal. As previously noted - "Subsequent gains above the pivot point backed by at least +40% above average volume are necessary to trigger a technical buy signal."
>>> FEATURED STOCK ARTICLE : High-Ranked Financial Firm Formed "Double Bottom" Base - 6/28/2021
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StockCharts.com Latest Chart for CLAR CLAR - NASDAQ
Clarus Corporation
Leisure-Products  
$28.59 -0.38
-1.31%

$29.14

164,191
72.33% of 50 DAV
50 DAV is 227,000
$32.36
-11.65%
5/12/2021 $21.40 PP = $19.73
MB = $20.72
Most Recent Note - 8/4/2021 5:03:10 PM
G - Pulled back with lighter volume today following 4 consecutive volume-driven gains into new 52-week high territory. Very extended from any sound base. Bullish action came after it reported Jun '21 quarterly earnings +244% on +41% sales revenues versus the year ago period, showing impressive sales revenues and earnings acceleration in sequential quarterly comparisons. Its 50 DMA line ($26) defines important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Hitting Another New High - 7/20/2021
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StockCharts.com Latest Chart for AVTR AVTR - NYSE
Avantor Inc
Medical-Research Eqp/Svc  
$38.36 +0.34
0.89%

$38.37

2,395,998
64.44% of 50 DAV
50 DAV is 3,718,000
$38.65
-0.75%
6/10/2021 $32.94 PP = $34.09
MB = $35.79
Most Recent Note - 8/6/2021 5:11:50 PM
G - Volume totals have been cooling while stubbornly holding its ground perched at its all-time high, extended from any sound base. Reported Jun '21 earnings +84% on +26% sales revenues versus the year ago period. Its 50 DMA line ($35.21) defines support above the prior high in the $34 area.
>>> FEATURED STOCK ARTICLE : Held Ground But Made Little Price Progress Since Featured - 7/14/2021
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StockCharts.com Latest Chart for MIME MIME - NASDAQ
Mimecast Limited
Computer Sftwr-Security  
$58.56 -0.03
-0.05%

$58.82

321,698
55.37% of 50 DAV
50 DAV is 581,000
$59.96
-2.33%
8/2/2021 $56.12 PP = $59.58
MB = $62.56
Most Recent Note - 8/9/2021 5:44:12 PM
Y - Stubbornly holding its ground with volume totals cooling after a big volume-driven gain on 8/03/21 for a new all-time high. Bullish action came after reporting Jun '21 quarterly earnings +45% on +24% sales revenues versus the year ago period. It was highlighted in yellow in the prior mid-day report with pivot point cited based on its 12/28/20 high plus 10 cents when noted - "Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal."
>>> FEATURED STOCK ARTICLE : Perched Not Far From High With Earnings News Due Pre-Open - 8/2/2021
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Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy

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