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AFTER MARKET UPDATE - TUESDAY, AUGUST 24TH, 2021
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Indices NYSE Nasdaq
DOW  +30.55 35,366.26 +0.09% Volume 781,683,248 +2% Volume 3,763,946,700 -3%
NASDAQ +77.15 15,019.80 +0.52% Advancers 2,216 68% Advancers 2,843 64%
S&P 500 +6.70 4,486.23 +0.15% Decliners 1,028 32% Decliners 1,608 36%
Russell 2000 +22.61 2,230.91 +1.02% 52 Wk Highs 114   52 Wk Highs 137  
S&P 600 +9.35 1,346.55 +0.70% 52 Wk Lows 50   52 Wk Lows 80  

Major Indices Rose With Less Leadership

The S&P 500 rose 0.2% to its 50th all-time high of 2021. The Nasdaq Composite climbed 0.5%, closing above the 15,000 mark for the first time. The Dow added 30 points, and remains within 0.8% of its August 16 peak. The volume totals reported were mixed, higher than the prior session on the NYSE and lighter on the Nasdaq exchange. Advancers led decliners by more than a 2-1 margin on the NYSE and 7-4 on the Nasdaq exchange. There were 50 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page versus 72 on the prior session. Stocks hitting new 52-week highs outnumbered new 52-week lows on both the NYSE and Nasdaq exchange. The major indices (M criteria) are in a confirmed uptrend.  Investors are reminded to always make buying and selling decisions on case-by-case basis under the strict criteria and rules of the fact-based investment system.

Chart courtesy of www.stockcharts.com


PICTURED: The Nasdaq Composite Index is hitting new record highs after testing support at its 50-day moving average (DMA) line.

U.S. stocks ended higher on Tuesday as risk sentiment remained buoyed by positive corporate earnings results and COVID-19 headlines. Yesterday, the FDA awarded full approval to the coronavirus vaccine developed in partnership by Pfizer (PFE -3.12%) and Germany’s BioNTech (BNTX -3.64%) .

Six of 11 S&P 500 sectors finished in positive territory, with Energy stocks pacing the gains as oil prices extended Monday’s bounce. WTI crude climbed 3.1% to $67.69/barrel. Consumer Discretionary shares also outperformed amid strength in retailers and travel-related stocks. In earnings, Best Buy (BBY +8.32%) rose following a boost to its full-year same-store sales outlook. Elsewhere, cybersecurity company Palo Alto Networks (PANW +18.60%) had a "breakaway gap" for new highs after providing upbeat guidance.

On the data front, an update from the Richmond Fed showed manufacturing activity in the region eased more than anticipated in August, falling to its worst level since June 2020. Separately, new home sales rebounded 1% in July, increasing for the first time in four months. Treasuries weakened, with the yield on the 10-year note up four basis points to 1.29%. In commodities, COMEX gold added 0.1% to $1805.60/ounce as the U.S. dollar slipped 0.1%. Overnight in Asia, shares of beleaguered Chinese internet stocks surged, with Hong Kong’s Hang Seng Tech Index rallying over 7%, adding to Monday’s 2% increase that offered a reprieve from a five-week losing streak.

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

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


Energy, Financial, and Networking Indexes Led Group Gainers

The Bank Index ($BKX +1.25%) and Broker/Dealer Index ($XBD +1.00%) had a positive influence on the major averages as both posted solid gains. The Retail Index ($RLX +0.54%) edged higher. The Networking Index ($NWX +2.09%) outpaced the Biotech Index ($BTK +0.36%) and the Semiconductor Index ($SOX +0.10%). Energy-linked stocks were strong as the Oil Services Index ($OSX +3.32%) and Integrated Oil Index ($XOI +1.73%) both posted big gains. The Gold & Silver Index ($XAU +0.43%) also edged higher.

Chart courtesy of www.stockcharts.com

PICTURED: The Oil Services Index ($OSX +3.32%) is rebounding after undercutting its 200-day moving average (DMA) line and hitting new 2021 lows.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  52.58 +1.69 +3.32% +18.62%
Integrated Oil $XOI  988.79 +16.85 +1.73% +24.77%
Semiconductor $SOX  3,345.39 +3.39 +0.10% +19.67%
Networking $NWX  857.27 +17.53 +2.09% +19.54%
Broker/Dealer $XBD  481.15 +4.76 +1.00% +27.42%
Retail $RLX  3,965.22 +21.30 +0.54% +11.28%
Gold & Silver $XAU  132.03 +0.57 +0.43% -8.44%
Bank $BKX  128.18 +1.59 +1.25% +30.92%
Biotech $BTK  5,889.91 +21.14 +0.36% +2.63%


Wedging Higher With Gains Lacking Volume Conviction

Charles River Labs Intl (CRL +$1.70 or +0.40% to $427.51) has wedged higher with gains lacking great volume conviction as it inched into record high territory. It is extended from any sound base. Its 50-day moving average (DMA) line ($390) defines near-term support to watch on pullbacks. 

CRL has a 92 Earnings Per Share Rating. It reported Jun '21 quarterly earnings +65% on +34% sales revenues versus the year ago period. Three of the past 4 quarterly comparisons have been above the +25% minimum earnings guideline (C criteria) while sequential comparisons show encouraging acceleration in its sales revenues growth rate indicative of greater demand for its products or services.  

The Medical - Research Equipment/Services industry group currently has an A (84) Group Relative Strength Rating (L criteria). CRL has traded up +122% since it was highlighted in yellow with pivot point cited based on its 6/03/20 high plus 10 cents in the 7/15/20 mid-day report (read here). It was last shown in this FSU section on 7/13/21 with an annotated graph under the headline, "Volume Totals Cooling While Perched at High".

The number of top-rated funds owning its shares rose from 681 in Dec '19 to 1,160 in Jun '21. Its current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days. There is a small number of only 50.4 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 SIVB SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$568.38 +10.02
1.79%

$571.75

306,524
73.51% of 50 DAV
50 DAV is 417,000
$608.84
-6.65%
8/6/2021 $589.70 PP = $608.94
MB = $639.39
Most Recent Note - 8/19/2021 6:26:51 PM
G - Color code is changed to green after slumping further below its 50 DMA line ($563) with today's 6th consecutive loss. Prior lows in the $530 area define the next important near-term support to watch. Completed a new Public Offering on 8/11/21. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> 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 BLDR BLDR - NYSE
Builders Firstsource Inc
Bldg-Constr Prds/Misc  
$51.14 +0.97
1.93%

$51.90

2,257,458
70.66% of 50 DAV
50 DAV is 3,195,000
$53.99
-5.28%
8/12/2021 $52.38 PP = $54.09
MB = $56.79
Most Recent Note - 8/24/2021 6:05:57 PM
Y - Posted a 3rd consecutive gain today with below average volume. Highlighted in yellow with pivot point cited based on its 5/10/21 high plus 10 cents in the 8/12/21 mid-day report. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Found support near its 200 DMA line. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Rebounding Near Prior High After Another Strong Quarter - 8/12/2021
 |  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 SNPS SNPS - NASDAQ
Synopsys Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$324.95 +4.03
1.26%

$325.08

585,690
79.73% of 50 DAV
50 DAV is 734,600
$321.62
1.04%
8/18/2021 $293.22 PP = $301.01
MB = $316.06
Most Recent Note - 8/20/2021 12:46:11 PM
Y - Hit a new all-time high on the prior session with a "breakaway gap" backed by heavy volume. Color code was changed to yellow with pivot point cited based on its 2/16/21 high plus 10 cents in the 8/18/21 mid-day report. After the 8/18/21 close it reported sub par Jul '21 quarterly earnings +4% on +10% sales revenues versus the year ago period. As previously noted - "Volume and volatility often increase near earnings news." 
>>> FEATURED STOCK ARTICLE : Latest Earnings Report Missed the +25% Minimum Guideline - 8/18/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CROX CROX - NASDAQ
Crocs Inc
CONSUMER NON-DURABLES - Textile - Apparel Footwear  
$145.06 +2.19
1.53%

$145.98

608,292
53.13% of 50 DAV
50 DAV is 1,145,000
$147.31
-1.53%
6/14/2021 $112.64 PP = $110.01
MB = $115.51
Most Recent Note - 8/20/2021 4:17:31 PM
G - Perched near its all-time high, extended from any sound base. Near-term support to watch is at its 50 DMA line ($124).
>>> FEATURED STOCK ARTICLE : Wedging Higher and Very Extended From Any Sound Base - 8/16/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CRL CRL - NYSE
Charles River Labs Intl
DRUGS - Biotechnology  
$427.51 +1.70
0.40%

$429.39

215,622
73.09% of 50 DAV
50 DAV is 295,000
$431.29
-0.88%
6/9/2021 $345.91 PP = $349.23
MB = $366.69
Most Recent Note - 8/24/2021 6:02:56 PM
G - Extended from any sound base, stubbornly holding its ground. Recent volume totals have been lackluster while wedging into record high territory. Its 50 DMA line ($390) defines near-term support to watch on pullbacks. Three of the past 4 quarterly comparisons through Jun '21 have been above the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Wedging Higher With Gains Lacking Volume Conviction - 8/24/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for REGN REGN - NASDAQ
Regeneron Pharmaceutical
DRUGS - Biotechnology  
$669.95 +2.66
0.40%

$670.00

728,555
90.84% of 50 DAV
50 DAV is 802,000
$674.07
-0.61%
8/20/2021 $669.82 PP = $664.74
MB = $697.98
Most Recent Note - 8/23/2021 12:38:56 PM
Y - Perched at its all-time high today while adding to an impressive spurt of volume-driven gains. Highlighted in yellow with pivot point cited based on its 7/20/20 high plus 10 cents in the 8/20/21 mid-day report. Subsequent gains and a strong close above its pivot point backed by at least +40% above average volume may trigger a technical buy signal.
>>> FEATURED STOCK ARTICLE : Regeneron Featured Hitting a New High - 8/20/2021
 |  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  
$418.90 +3.87
0.93%

$422.11

480,570
58.68% of 50 DAV
50 DAV is 819,000
$457.00
-8.34%
6/8/2021 $348.46 PP = $342.38
MB = $359.50
Most Recent Note - 8/23/2021 6:31:01 PM
G - Closed above its 50 DMA line ($413.80) with today's 4th consecutive gain helping its outlook improve. Fundamentals remain strong. Recent low ($385) defines important near term support to watch. See the latest FSU analysis for more detailed analysis and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Helps Outlook - 8/23/2021
 |  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 CAMT CAMT - NASDAQ
Camtek Ltd
ELECTRONICS - Scientific and Technical Instrum  
$39.75 +1.95
5.16%

$39.84

319,199
168.00% of 50 DAV
50 DAV is 190,000
$40.47
-1.78%
8/4/2021 $39.67 PP = $40.57
MB = $42.60
Most Recent Note - 8/24/2021 12:38:03 PM
Y - Color code is changed to yellow while rising near prior highs. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a proper technical buy signal. Rebounded above its 50 DMA line ($36.32) with a gap up on the prior session. Prior low ($32 30) defines the next important near-term support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Recent 50-Day Moving Average Violation Again Raised Concerns - 8/17/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for PKI PKI - NYSE
Perkinelmer Inc
ELECTRONICS - Scientific and Technical Instrum  
$182.20 +0.69
0.38%

$183.16

902,569
120.83% of 50 DAV
50 DAV is 747,000
$188.40
-3.29%
8/18/2021 $181.07 PP = $188.50
MB = $197.93
Most Recent Note - 8/23/2021 6:43:18 PM
Y - Volume totals have been cooling while stubbornly holding its ground after forming a noted "3-weeks tight" base. Color code was changed to yellow with new pivot point cited based on its 8/05/21 high plus 10 cents. Its 50 DMA line ($165.51).and prior high ($162) define important near-term support to watch. Reported earnings +80% on +51% sales revenues for the Jun '21 quarter versus the year ago period.
>>> 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  
$92.66 +0.57
0.62%

$93.07

799,885
83.06% of 50 DAV
50 DAV is 963,000
$92.46
0.22%
8/5/2021 $88.83 PP = $84.97
MB = $89.22
Most Recent Note - 8/19/2021 12:39:30 PM
Y - Holding its ground but churning above average volume near its all-time high. Prior highs and its 50 DMA line ($83.31) define near-term support to watch on pullbacks. 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.
>>> 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 
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 UMC UMC - NYSE
United Microelectrnc Adr
ELECTRONICS - Semiconductor - Integrated Cir  
$10.68 +0.08
0.75%

$10.72

9,548,620
141.97% of 50 DAV
50 DAV is 6,726,000
$11.71
-8.80%
8/5/2021 $11.62 PP = $11.38
MB = $11.95
Most Recent Note - 8/23/2021 12:43:13 PM
Y - Posting a 2nd consecutive volume-driven gain today. Pulled back below its pivot point retesting support at its 50 DMA line ($9.86) with volume-driven losses last week indicative. Stalled since reaching a new 52-week high. A violation of its 50 DMA line would raise concerns and trigger a technical sell signal.
>>> 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  
$805.61 -6.01
-0.74%

$807.71

449,922
68.07% of 50 DAV
50 DAV is 661,000
$812.50
-0.85%
5/25/2021 $669.59 PP = $675.75
MB = $709.54
Most Recent Note - 8/19/2021 6:09:37 PM
G - Volume totals have been cooling while hovering near its all-time high, stubbornly holding its ground. Its 50 DMA line ($727) defines important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Semi Equipment Firm Extended From Any Sound Base - 8/11/2021
 |  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  
$115.15 +0.03
0.03%

$116.40

547,347
80.86% of 50 DAV
50 DAV is 676,900
$126.41
-8.91%
8/4/2021 $125.33 PP = $126.51
MB = $132.84
Most Recent Note - 8/20/2021 4:21:09 PM
G - Still sputtering below its 50 DMA line ($118) after damaging losses raised greater concerns. A rebound above the 50 DMA line is needed for its outlook to improve. 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 80, right at the 80+ minimum guideline for buy candidates.
>>> 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 
StockCharts.com Latest Chart for CLFD CLFD - NASDAQ
Clearfield Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$45.55 +1.69
3.85%

$45.99

129,407
111.56% of 50 DAV
50 DAV is 116,000
$45.36
0.42%
7/23/2021 $40.23 PP = $43.74
MB = $45.93
Most Recent Note - 8/24/2021 12:41:53 PM
Y - Hitting a new 52-week high with today's 3rd consecutive gain after a brief consolidation above its 50 DMA line. 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  
$477.59 +2.69
0.57%

$477.95

221,018
88.41% of 50 DAV
50 DAV is 250,000
$495.22
-3.56%
8/19/2021 $484.37 PP = $495.32
MB = $520.09
Most Recent Note - 8/23/2021 6:35:26 PM
Y - Suffered a big loss today with light volume. Color code was changed to yellow after forming an advanced "3-weeks tight" base. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Volume totals cooled in recent weeks while stubbornly holding its ground perched at its all-time high. Its 50 DMA line ($467) defines important near-term support to watch on pullbacks.
>>> 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 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for SMPL SMPL - NASDAQ
Simply Good Foods Co
Food-Confectionery  
$34.75 -0.61
-1.73%

$35.46

460,461
99.02% of 50 DAV
50 DAV is 465,000
$38.50
-9.74%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 8/23/2021 6:38:17 PM
G - Posted a 3rd consecutive gain today but remains below its 50 DMA line ($36.42). Recent low ($33.91 on 8/19/21) defines important support where 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 
StockCharts.com Latest Chart for SQ SQ - NYSE
Square Inc Cl A
Finance-CrdtCard/PmtPr  
$270.17 -0.27
-0.10%

$274.19

4,224,567
50.31% of 50 DAV
50 DAV is 8,397,000
$289.23
-6.59%
8/2/2021 $273.78 PP = $283.29
MB = $297.45
Most Recent Note - 8/19/2021 6:28:54 PM
Y - Volume totals have been cooling during a streak of 8 consecutive losses. Stalled after reaching a new all-time high. Bullish action came after reporting 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  
$1,538.51 +57.10
3.85%

$1,562.00

1,349,660
96.47% of 50 DAV
50 DAV is 1,399,000
$1,650.00
-6.76%
7/2/2021 $1,468.00 PP = $1,552.23
MB = $1,629.84
Most Recent Note - 8/24/2021 1:06:27 PM
Y - Gapped up today. Finding prompt support while recently consolidating near its 50 DMA line ($1,499). Also tested February 2021 highs which help define important near-term support to watch. More damaging losses would raise concerns and trigger technical sell signals. Fundamentals remain strong.
>>> 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  
$99.58 +2.34
2.41%

$99.87

494,506
48.43% of 50 DAV
50 DAV is 1,021,000
$105.62
-5.72%
5/13/2021 $84.20 PP = $90.65
MB = $95.18
Most Recent Note - 8/24/2021 6:07:34 PM
G - Holding its ground after a pullback last week testing its 50 DMA line ($94.75) which defines near-term support to watch. There was a noted "negative reversal" after hitting a new all-time high on 8/06/21. Reported Jun '21 quarterly earnings +66% on +45% sales revenues versus the year ago period, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Important Test of 50-Day Moving Average Line - 8/19/2021
 |  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 DOCU DOCU - NASDAQ
Docusign Inc
Computer Sftwr-Enterprse  
$293.99 +3.10
1.07%

$296.33

1,347,963
63.25% of 50 DAV
50 DAV is 2,131,000
$314.76
-6.60%
7/6/2021 $288.96 PP = $290.33
MB = $304.85
Most Recent Note - 8/20/2021 4:19:27 PM
Y - Slumped to test its 50 DMA line ($286) with light volume behind losses. A damaging violation would raise greater concerns and trigger a technical sell signal.
>>> FEATURED STOCK ARTICLE : Reversed From High After Recently Wedging Higher Without Volume - 8/13/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for JEF JEF - NYSE
Jefferies Financial Grp
Finance-Invest Bnk/Bkrs  
$36.05 +0.41
1.15%

$36.42

2,134,731
106.36% of 50 DAV
50 DAV is 2,007,000
$36.02
0.08%
6/28/2021 $31.81 PP = $34.42
MB = $36.14
Most Recent Note - 8/23/2021 6:40:15 PM
Y - Gapped up today challenging its all-time high with a solid gain backed by average volume. Its 50 DMA line ($33.10) defines near-term support to watch. 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 : Quiet Gains for New High Closes - 8/10/2021
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StockCharts.com Latest Chart for CLAR CLAR - NASDAQ
Clarus Corporation
Leisure-Products  
$26.80 +0.30
1.13%

$26.91

94,941
43.35% of 50 DAV
50 DAV is 219,000
$32.36
-17.18%
5/12/2021 $21.40 PP = $19.73
MB = $20.72
Most Recent Note - 8/19/2021 6:14:39 PM
G - Found prompt support today as it rebounded to close near its 50 DMA line ($26.93). Recently pulling back from its 52-week high after getting very extended from any sound base. Fundamentals remain strong.
>>> 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  
$38.93 +0.02
0.05%

$39.21

1,921,983
54.87% of 50 DAV
50 DAV is 3,503,000
$39.45
-1.32%
6/10/2021 $32.94 PP = $34.09
MB = $35.79
Most Recent Note - 8/19/2021 6:11:05 PM
G - Stubbornly holding its ground perched at its all-time high, extended from any sound base. Its 50 DMA line ($36.47) defines near-term support to watch on pullbacks.
>>> 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  
$62.65 +2.55
4.24%

$62.73

730,870
129.36% of 50 DAV
50 DAV is 565,000
$60.16
4.14%
8/2/2021 $56.12 PP = $59.58
MB = $62.56
Most Recent Note - 8/24/2021 6:04:31 PM
Y - Posted a 3rd consecutive gain today with +29% above average volume while hitting a new all-time high. Fundamentals remain strong. Pivot point cited was 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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