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 Monday, February 19, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - TUESDAY, AUGUST 21ST, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +63.60 25,822.29 +0.25% Volume 735,750,210 +16% Volume 1,758,139,592 +4%
NASDAQ +38.16 7,859.17 +0.49% Advancers 1,906 64% Advancers 2,110 70%
S&P 500 +5.91 2,862.96 +0.21% Decliners 1,055 36% Decliners 912 30%
Russell 2000 +19.35 1,718.05 +1.14% 52 Wk Highs 162   52 Wk Highs 199  
S&P 600 +13.07 1,089.49 +1.21% 52 Wk Lows 21   52 Wk Lows 33  

Major Indices Rose With Greater Leadership and Positive Breadth

Stocks finished higher Tuesday. The Dow climbed 63 points to 25822, while the S&P 500 added 5 points to 2862. The Nasdaq Composite gained 38 points to 7859. The volume totals reported were higher on the NYSE and on the Nasdaq exchange versus the prior session's totals. Advancers led decliners by almost a 2-1 margin on the NYSE and more than a 2-1  margin on the Nasdaq exchange. Leadership improved as there were 96 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 80 on the prior session. New 52-week highs totals expanded and outnumbered shrinking new 52-week lows totals on the NYSE and on the Nasdaq exchange. The major indices (M criteria) remain in a confirmed uptrend with a healthy crop of stocks hitting new highsThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average recently found support near its 50-day moving average (DMA) line. It posted a 4th consecutive gain as it closed Tuesday's session -3% off its record high hit on January 26th.

The major averages advanced, sending the S&P 500 to a new record high intraday. The index remains on track to mark the longest-ever bull market on Wednesday. The small-cap Russell 2000 index also rallied to a record level. On the central bank front, tomorrow’s release of the Fed’s August meeting minutes will likely garner attention. Later in the week, Fed Chair Jerome Powell is slated to deliver remarks at the annual Economic Policy Symposium in Jackson Hole, Wyoming. There were no economic releases of note today.

Seven of 11 S&P 500 sectors closed in positive territory with Consumer Discretionary shares pacing gains on strong earnings reports. TJX Companies (TJX +4.73%) rose after the discount-clothing chain topped analyst estimates and raised full-year guidance. Consumer Staples lagged as JM Smucker (SJM -6.62%) fell after cutting its full-year outlook. In other earnings, Medtronic (MDT +5.71%) rose after besting consensus forecasts on the top and bottom line. In other corporate news, online brokerage company shares declined following JP Morgan Chase & Co’s (JPM +0.61%)  unveiling of a discount trading service.

Treasuries declined, sending the yield on the 10-year note up two basis points to 2.84%. In commodities, WTI crude climbed 1.4% to $67.35/barrel. COMEX gold added 0.5% to $1192.60/ounce amid a weaker dollar.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.


Tech, Retail, Bank, and Commodity-Linked Groups Rose

Financial shares were mixed as the Broker/Dealer Index ($XBD -0.63%) fell and the Bank Index ($BKX +0.60%) posted a modest gain. The Retail Index ($RLX +0.98%) posted an even better gain. The tech sector was led by the Semiconductor Index ($SOX +1.98%) and the Biotech Index ($BTK +1.47%) while the Networking Index ($NWX +0.63%) ended the session with a smaller gain. The Gold & Silver Index ($XAU +1.01%) and Oil Services Index ($OSX +1.70%) both outpaced the Integrated Oil Index ($XOI +0.35%).

Charts courtesy of www.stockcharts.com

PICTURED: The Retail Index ($RLX +0.98%) hit a new record high. It found support at its 50-day moving average (DMA) line in recent weeks while consolidating.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  143.16 +2.39 +1.70% -4.27%
Integrated Oil $XOI  1,470.61 +5.10 +0.35% +10.11%
Semiconductor $SOX  1,348.28 +26.18 +1.98% +7.60%
Networking $NWX  555.75 +3.46 +0.63% +13.30%
Broker/Dealer $XBD  274.36 -1.73 -0.63% +3.44%
Retail $RLX  2,314.98 +22.55 +0.98% +33.52%
Gold & Silver $XAU  66.78 +0.67 +1.01% -21.68%
Bank $BKX  111.19 +0.67 +0.61% +4.20%
Biotech $BTK  5,146.11 +74.45 +1.47% +21.88%


Remains Perched Near All-Time High Following Offering

N V 5 Global Inc (NVEE +$2.00 or +2.32% to $88.15) still remains perched near its all-time high. It priced a new Public Offering and gapped down on 8/09/18, yet it remains well above its 50-day moving average (DMA) line ($75.10) and prior highs in the $71 area which define near-term support to watch. Such offerings often hinder near-term price progress, yet they tend to attract greater institutional ownership interest.

It has shown moistly bullish action since last shown in this FSU section on 6/28/18 with an annotated graph under the headline, "Holding its Ground in Tight Range Near All-Time High ". It was highlighted in yellow with new pivot point cited based on its 10/31/17 high plus 10 cents in the 4/09/18 mid-day report (read here).
 

Recently it reported earnings +63% on +24% sales revenues for the Jun '18 quarter, continuing its strong earnings track record with the 5th quarter in a row above the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Its strong annual earnings (A criteria) history was previously noted.

This Hollywood, FL based Commercial Services / Consulting firm completed new Public Offerings on 5/22/15 and on 5/13/16. Today there still are only 12.3 million shares outstanding (S criteria), which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 186 in Jun '17 to to 221 in Jun '18, a reassuring sign concerning the I criteria.
Charts courtesy www.stockcharts.com

Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$15.40 +0.15
0.98%

$15.45

37,917
40.17% of 50 DAV
50 DAV is 94,400
$16.30
-5.52%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 8/20/2018 12:39:12 PM
G - Consolidating above its 50 DMA line ($15.07) while the prior low ($14) and 200 DMA line define additional near-term support. Met stubborn resistance after hitting a new high on 7/26/18 with a big volume-driven gain. Its Relative Strength Rating has slumped to 79, below the 80+ minimum guideline for buy candidates. Fundamentals remain strong after it reported Jun '18 quarterly earnings +71% on +23% sales revenues.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average - 7/9/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$328.73 +4.42
1.36%

$330.27

384,026
82.23% of 50 DAV
50 DAV is 467,000
$333.74
-1.50%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 8/20/2018 12:44:43 PM
Y - Met resistance in recent weeks near prior highs. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a convincing new technical buy signal. The 50 DMA line ($310) and recent low ($284.42 on 7/02/18) define near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Still Sputtering Below 50-Day Moving Average - 7/10/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ZBRA - NASDAQ
Zebra Tech Corp Cl A
COMPUTER HARDWARE - Computer Peripherals  
$168.88 +3.16
1.91%

$169.38

324,382
79.31% of 50 DAV
50 DAV is 409,000
$167.61
0.76%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 8/20/2018 5:15:06 PM
Y - Posted a gain today with light volume for its 2nd best ever close. Stubbornly held its ground after the considerable volume-driven gain on 8/07/18 triggered a technical buy signal. Its 50 DMA line ($150) defines near-term support above the prior low ($136.16 on 7/31/18). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Big Gain for New High Backed by Heavy Volume - 8/7/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$137.42 +1.02
0.75%

$138.11

344,703
59.33% of 50 DAV
50 DAV is 581,000
$137.73
-0.23%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 8/20/2018 5:05:12 PM
Y - Posted a 5th consecutive gain today for its 2nd best close ever. Recently found support above its 50 DMA line ($128.68). Fundamentals remain strong. Recent low ($115) and 200 DMA line define important near term support. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Tech Services Firm Remains Fundamentally and Technically Strong - 8/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$216.01 +0.86
0.40%

$217.18

350,785
28.64% of 50 DAV
50 DAV is 1,225,000
$225.92
-4.39%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 8/20/2018 12:31:42 PM
Y - Consolidating near its 50 DMA line ($215.84) with volume totals cooling in recent weeks. The prior low ($210.64 on 8/03/18) defines important near-term support above its 200 DMA line($202). Reported earnings +29% on +8% sales revenues for the Jun '18 quarter, its 3rd consecutive quarterly comparison above the +25% minimum guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Testing 50-Day Average With Loss on Higher Volume - 8/3/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
MA - NYSE
Mastercard Inc Cl A
Finance-CrdtCard/PmtPr  
$203.09 -1.66
-0.81%

$205.93

1,847,982
58.42% of 50 DAV
50 DAV is 3,163,000
$214.28
-5.22%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 8/20/2018 5:18:05 PM
Y - Consolidating above its 50 DMA line ($202) with volume totals cooling in recent weeks. Prior lows in the $193-196 area help define important near-term support to watch. Reported earnings +51% on +20% sales revenues for the Jun '18 quarter.
>>> FEATURED STOCK ARTICLE : Found Support Near 50-Day Moving Average Line - 8/10/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
V - NYSE
Visa Inc Cl A
Finance-CrdtCard/PmtPr  
$140.04 -0.90
-0.64%

$141.46

6,817,126
93.67% of 50 DAV
50 DAV is 7,278,000
$143.14
-2.17%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 8/17/2018 6:13:00 PM
G - Remains perched near its all-time high, extended from any sound base. Its 50 DMA line ($137.30) and recent low ($135.31 on 7/30/18) define important near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Rally From 50-Day Average - 7/27/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NANO - NASDAQ
Nanometrics Inc
ELECTRONICS - Scientific and Technical Instrum  
$42.74 +1.45
3.51%

$42.78

461,949
119.99% of 50 DAV
50 DAV is 385,000
$48.26
-11.44%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 8/21/2018 5:06:15 PM
Y - Rebounding after negating the recent breakout and slumping back into the prior base raising concerns. The 50 DMA line ($38.88) defines important near-term support. Recent quarters through Jun '18 showed much better sales and earnings increases versus the year earlier. Annual earnings (A criteria) have improved greatly since a downturn and losses FY '13 and '14.
>>> FEATURED STOCK ARTICLE : Five Times Average Volume Behind Breakout Gain - 8/13/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$59.10 -0.55
-0.92%

$60.60

199,595
61.79% of 50 DAV
50 DAV is 323,000
$62.95
-6.12%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 8/20/2018 5:11:12 PM
Y - Found prompt support near its 50 DMA line ($58.62) in recent weeks but its Relative Strength Rating has slumped to 79, below the 80+ minimum guideline for buy candidates. Endured distributional pressure after a volume-driven gain for a new high on 7/23/18 triggered a technical buy signal. The recent low ($53.75 on 6/28/18) and 200 DMA line define important near-term support. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Earnings News Due for Financial Firm Perched Near High - 8/6/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$800.00 -5.00
-0.62%

$809.50

10,004
76.95% of 50 DAV
50 DAV is 13,000
$825.90
-3.14%
7/5/2018 $714.90 PP = $739.99
MB = $776.99
Most Recent Note - 8/17/2018 6:12:27 PM
G - Perched near its all-time high with volume totals cooling while stubbornly holding its ground. The 50 DMA line ($748) and recent low ($720 on 7/30/18) define important near-term support.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Consolidating Above Prior High - 7/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$287.37 +2.62
0.92%

$289.34

275,196
43.54% of 50 DAV
50 DAV is 632,000
$295.24
-2.67%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 8/20/2018 12:29:11 PM
Y - New pivot point was cited based on its 6/22/18 high plus 10 cents. Wedged up to a new 52-week high and has been stubbornly holding its ground. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Moving Average Line - 7/23/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$111.97 +0.83
0.75%

$113.96

953,015
105.07% of 50 DAV
50 DAV is 907,000
$112.55
-0.52%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 8/21/2018 5:09:13 PM
G - Color code is changed to green after rising above its "max buy" level with average volume behind today's 4th consecutive gain. Its 50 DMA line ($101.41) defines near-term support above prior lows in the $95-96 area. Recent gains above the pivot point lacked the minimum of +40% above average volume needed to trigger a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Perched Near Record High - 8/16/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$182.10 +0.74
0.41%

$184.83

1,552,610
94.56% of 50 DAV
50 DAV is 1,642,000
$194.81
-6.52%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 8/17/2018 6:09:10 PM
G - Slumped to a close below its 50 DMA line ($183) raising some concerns and the color code is changed to green. The recent low ($174) defines the next important near-term support. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Slump Below 50-Day Average Line Raises Concerns - 8/17/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NVEE - NASDAQ
N V 5 Global Inc
Comml Svcs-Consulting  
$88.15 +2.00
2.32%

$89.75

118,421
162.22% of 50 DAV
50 DAV is 73,000
$91.55
-3.71%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 8/21/2018 5:04:20 PM
G - Posted a gain today with above average volume. Priced a new Public Offering and gapped down on 8/09/18. Remains perched near its all-time high. Its 50 DMA line ($75.10) and prior highs in the $71 area define near-term support to watch. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Remains Perched Near All-Time High Following Offering - 8/21/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$212.29 -0.33
-0.16%

$215.25

887,914
72.01% of 50 DAV
50 DAV is 1,233,000
$219.38
-3.23%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 8/20/2018 12:41:06 PM
Y - Very little resistance remains up to the $219 level. Consolidating near its 50 DMA line ($210). The prior low ($193 on 7/30/18) defines an important near-term support level.
>>> FEATURED STOCK ARTICLE : Violated 50-day Average With Volume-driven Loss - 7/31/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$85.10 -0.70
-0.82%

$87.00

400,436
101.89% of 50 DAV
50 DAV is 393,000
$98.30
-13.43%
7/23/2018 $97.05 PP = $97.85
MB = $102.74
Most Recent Note - 8/20/2018 12:42:40 PM
G - Failing to rebound after damaging volume-driven losses. A rebound above the 50 DMA line ($89.92) still is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Computer Software-Security Firm Hovering Near All-Time High - 7/16/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$144.05 +2.44
1.72%

$145.00

826,604
91.74% of 50 DAV
50 DAV is 901,000
$142.05
1.41%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 8/20/2018 5:20:07 PM
G - Hit another new all-time high with today's 3rd consecutive gain marked by below average volume, getting very extended from prior highs in the $118 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Bullish Action Followed Strong Earnings News - 8/1/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$133.11 +0.80
0.60%

$136.07

1,126,645
58.59% of 50 DAV
50 DAV is 1,923,000
$141.06
-5.64%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 8/17/2018 6:07:33 PM
G - Found support above the prior high ($120) and volume totals have been cooling. It has not formed a sound new base. Fundamentals remain strong. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead.
>>> FEATURED STOCK ARTICLE : Hovering Near Record High Following Considerable Rally - 8/2/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$87.29 +0.96
1.11%

$87.68

410,428
101.59% of 50 DAV
50 DAV is 404,000
$88.30
-1.14%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 8/20/2018 12:34:00 PM
Y - Perched at its all-time high after wedging higher with gains lacking great volume. It rose from an advanced ascending base with new pivot point cited based on its 7/23/18 high plus 10 cents. Prior low ($72.63 on 7/31/18) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Testing Support at 50-Day Average - 7/25/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LOB - NASDAQ
"Live Oak Bancshares, Inc."
Banks-Southeast  
$30.15 +0.40
1.34%

$30.50

100,225
60.45% of 50 DAV
50 DAV is 165,800
$32.95
-8.50%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 8/20/2018 12:35:10 PM
G - Its Relative Strength Rating has slumped to 79, below the 80+ minimum guideline. A rebound above the 50 DMA line ($30.52) still is needed for its outlook to improve. The recent low and 200 DMA line ($27.51) define important near-term chart support.
>>> FEATURED STOCK ARTICLE : Bank Making Gradual Progress After Support Found at 50-Day Average - 7/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$86.22 +0.47
0.55%

$87.38

4,817,761
65.25% of 50 DAV
50 DAV is 7,384,000
$92.35
-6.64%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 8/20/2018 5:23:17 PM
Y - Consolidating near its 50 DMA line ($85.82) with volume totals cooling in recent weeks. Prior low in the $81 area defines important near-term support above its 200 DMA line ($79.75).
>>> FEATURED STOCK ARTICLE : Paypal Pulling Back From Record High - 7/26/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$78.35 +0.70
0.90%

$79.08

530,494
84.34% of 50 DAV
50 DAV is 629,000
$77.95
0.51%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 8/17/2018 6:11:03 PM
Y - Rebounded above its 50 DMA line ($73.06) helping its outlook improve and its color code is changed to yellow. Volume-driven gains above the pivot point may trigger a new (or add-on) technical; buy signal. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average Line - 7/5/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$74.65 +2.75
3.82%

$75.10

184,032
104.56% of 50 DAV
50 DAV is 176,000
$72.00
3.68%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 8/20/2018 12:37:45 PM
G - Color code is changed to green after quietly rising above its "max buy" level and hitting a new 52-week high. The 50 DMA line and prior low ($61.15 on 7/31/18) define important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Gain Challenged 52-Week High and New Pivot Point - 7/12/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$79.26 +1.01
1.29%

$80.68

1,011,312
89.73% of 50 DAV
50 DAV is 1,127,000
$79.82
-0.70%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 8/20/2018 12:45:42 PM
G - Stubbornly holding its ground after recently wedging to new highs with gains lacking great volume conviction, and it is extended from any sound base. Fundamentals through Jun '18 have been strong.
>>> FEATURED STOCK ARTICLE : Pullback Following Recent technical Breakout - 7/30/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$32.00 +0.51
1.62%

$32.68

850,922
94.23% of 50 DAV
50 DAV is 903,000
$33.85
-5.47%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 8/20/2018 5:13:38 PM
Y - Slumped back in the prior base raising concerns soon after its 8/13/18 gain triggered a new technical buy signal. Prior lows in the $24 area define important support. Completed a new Public Offering and Secondary Offering on 4/05/18.
>>> FEATURED STOCK ARTICLE : Strength Returned After Finding Support Near Prior Lows - 8/14/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy

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