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AFTER MARKET UPDATE - MONDAY, SEPTEMBER 10TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -59.47 25,857.07 -0.23% Volume 700,195,670 -1% Volume 2,032,967,160 -5%
NASDAQ +21.62 7,924.16 +0.27% Advancers 1,802 62% Advancers 1,578 53%
S&P 500 +5.45 2,877.13 +0.19% Decliners 1,120 38% Decliners 1,422 47%
Russell 2000 +4.29 1,717.47 +0.25% 52 Wk Highs 96   52 Wk Highs 124  
S&P 600 +1.42 1,082.57 +0.13% 52 Wk Lows 88   52 Wk Lows 88  

Tech Sector Led as Major Indices Ended Mixed

Stocks finished mixed Monday. The Dow lost 59 points to 25857, while the S&P 500 added 5 points to 2877. The Nasdaq Composite gained 21 points to 7924. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange versus the prior session's totals. Advancers led decliners by a 3-2 margin on the NYSE and by a narrower 8-7 margin on the Nasdaq exchange. There were 63 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 67 on the prior session. New 52-week highs outnumbered new 52-week lows 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 pulled back from its record high.

An additional round of tax cuts are outweighing lingering trade concerns. Republicans in the House of Representatives are reportedly planning to propose new tax cuts sometime this week. Meanwhile, the U.S. and Canada are continuing to negotiate a new trade agreement to replace NAFTA.  On the data front, today’s lone economic release revealed consumer credit grew $16.64 billion in July following a downwardly revised figure of $8.46 billion in the prior month.

Consumer Staples paced gains. Consumer Discretionary shares also outperformed. Home Depot (HD +2.16%) and Lowe’s (LOW +2.55%) rose as the home-improvement retailers could see an increase in sales in sympathy with reports that a major hurricane could make landfall this week. The Healthcare sector was the notable laggard today as shares of UnitedHealth Group (UNH -3.19%) fell after the company was the subject of an analyst downgrade. In M&A news, United Rentals (URI +5.05%) rose after announcing the acquisition of equipment rental company BlueLine for roughly $2.1 billion in cash.

The U.S. Treasury yield curve flattened modestly, with the yield on the 10-year note unchanged at 2.94%. In commodities, WTI crude gave up earlier gains to finish 0.3% lower at $67.52/barrel. COMEX gold ended the day flat at $1195.50/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 Sector Had Positive Bias

The Broker/Dealer Index ($XBD -0.12%) and the Bank Index ($BKX -0.13%) ended slightly lower while the Retail Index ($RLX +0.19%) eked out a tiny gain on MondayThe tech sector had a positive bias as the Semiconductor Index ($SOX +1.10%), Networking Index ($NWX +1.13%), and Biotech Index ($BTK +0.41%) posted gains. The Gold & Silver Index ($XAU -1.76%) outpaced the Integrated Oil Index ($XOI -0.11%to the downside while the Oil Services Index ($OSX +0.21%) posted a modest gain.

Charts courtesy of www.stockcharts.com

PICTURED: The Biotech Index ($BTK +0.41%) is perched near its all-time high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  136.18 +0.28 +0.21% -8.94%
Integrated Oil $XOI  1,463.78 -1.67 -0.11% +9.60%
Semiconductor $SOX  1,375.74 +14.97 +1.10% +9.79%
Networking $NWX  562.45 +6.26 +1.13% +14.66%
Broker/Dealer $XBD  271.46 -0.33 -0.12% +2.35%
Retail $RLX  2,389.24 +4.52 +0.19% +37.81%
Gold & Silver $XAU  61.92 -1.12 -1.78% -27.38%
Bank $BKX  109.68 -0.14 -0.13% +2.78%
Biotech $BTK  5,161.02 +20.98 +0.41% +22.24%


Very Extended From Any Sound Base After Streak of Gains

Healthequity Inc (HQY -$0.48 or -0.49% to $96.59) is perched near its all-time high following impressive volume-driven gains. It is very extended from any sound base. Prior highs in the $82-83 area define support along with its 50 DMA line ($83.86). It was last shown in this FSU section on 7/25/18 with an annotated graph under the headline, "Perched Near All-Time High After Testing Support at 50-Day Average".

It reported earnings +62% on +25% sales revenues for the Jul '18 quarter versus the year ago period, continuing its strong earnings track record. Fundamentals remain strong, as the past 7 quarterly comparisons were above the +25% minimum earnings guideline (C criteria) and underpinned by strong sales revenues increases.

It has managed a bumpy climb that may have shaken out many investors since triggering a technical buy signal with a gain above the new pivot point with +90% above average volume when highlighted in the 2/20/18 mid-day report (read here).

The number of top-rated funds owning its shares rose from 369 in Dec '16 to 485 in Jun '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 3.0 is also an unbiased indication its shares have been under accumulation over the past 50 days. It has a fairly small supply of only 62 million shares (S criteria) outstanding, which can contribute to greater price volatility in the event of institutional buying or selling. It currently has a Timeliness Rating of A and a Sponsorship Rating of B.

The Commercial Services - Outsourcing industry group currently has a Group Relative Strength Rating of 83, and there are other strong leaders in the group hitting new highs, a reassuring sign concerning the L criteria. It completed its $14 IPO on 7/31/14 followed by an additional Public Offering on 5/05/15 and Secondary Offerings on both 10/20/16 and 9/23/15.

Charts used courtesy ofwww.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  
$15.55 +0.05
0.32%

$15.55

59,108
68.73% of 50 DAV
50 DAV is 86,000
$16.30
-4.60%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 9/4/2018 5:46:01 PM
G - Consolidating above its 50 DMA line ($15.12). The prior low ($14) and 200 DMA line define additional near-term support. Its Relative Strength Rating is 79, still just below the 80+ minimum guideline for buy candidates. Met stubborn resistance after hitting a new high on 7/26/18 with a big volume-driven gain. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Bank Perched Less Than -5% Off Record High - 8/23/2018
 |  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  
$324.13 +1.41
0.44%

$327.65

256,101
61.27% of 50 DAV
50 DAV is 418,000
$333.74
-2.88%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 9/4/2018 4:01:56 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 ($311) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Bank Posted Quiet Gain for a Best-Ever Close - 8/27/2018
 |  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  
$170.05 +2.22
1.32%

$170.32

249,424
67.23% of 50 DAV
50 DAV is 371,000
$172.73
-1.55%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 9/4/2018 4:03:29 PM
G - Volume totals have been cooling while stubbornly holding its ground near its "max buy" level. Prior high in the $161 area defines initial support above its 50 DMA line ($153) 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  
$137.32 -0.41
-0.30%

$138.75

491,742
100.56% of 50 DAV
50 DAV is 489,000
$144.19
-4.76%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 9/6/2018 12:32:13 PM
Y - Color code is changed to yellow while pulling back below its "max buy" level. Prior highs in the $137 area define near term support along with its 50 DMA line ($132.75). Fundamentals remain strong.
>>> 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 
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$105.13 +1.74
1.68%

$106.23

782,400
80.91% of 50 DAV
50 DAV is 967,000
$118.75
-11.47%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 9/6/2018 6:05:39 PM
Y - Slumped back below its pivot point with today's big loss on higher volume raising concerns while negating the recent breakout. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Household Appliance Maker Rallied From Choppy Base - 8/29/2018
 |  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
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$217.61 +2.75
1.28%

$218.05

347,545
57.73% of 50 DAV
50 DAV is 602,000
$225.92
-3.68%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 9/4/2018 3:58:31 PM
G - Color code is changed to green while sputtering below its 50 DMA line ($216). The prior low ($210.64 on 8/03/18) defines important near-term support above its 200 DMA line($202). Fundamentals remain strong.
>>> 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 
MA - NYSE
Mastercard Inc Cl A
Finance-CrdtCard/PmtPr  
$211.67 +0.58
0.27%

$213.48

3,155,451
102.88% of 50 DAV
50 DAV is 3,067,000
$217.35
-2.61%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/4/2018 4:00:03 PM
Y - Touched a new high with a gain today with near average volume, poised for its best-ever close. Its 50 DMA line ($204) defines support above the prior lows in the $193-196 area. Fundamentals remain strong.
>>> 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  
$144.08 +0.88
0.61%

$144.44

5,361,970
74.34% of 50 DAV
50 DAV is 7,213,000
$147.86
-2.56%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 9/5/2018 5:56:52 PM
G - Suffered a large loss with heavy volume today, action indicative of distributional pressure. It is extended from any sound base. Its 50 DMA line ($139) 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  
$38.87 -1.20
-2.99%

$40.38

444,082
113.29% of 50 DAV
50 DAV is 392,000
$48.26
-19.46%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 9/10/2018 5:27:41 PM
G - Color code is changed to green after slumping below its 50 DMA line ($40) with today's 6th consecutive loss also undercutting the recent low ($39.79 on 8/17/18) and raising concerns. Only a prompt rebound above the 50 DMA line would help its outlook improve. Fundamentals remain strong.
>>> 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  
$62.95 +0.95
1.53%

$63.10

135,548
48.76% of 50 DAV
50 DAV is 278,000
$64.00
-1.64%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 9/4/2018 3:55:34 PM
Y - Quietly perched near its all-time high after a streak of gains marked by light and average volume. Found prompt support near its 50 DMA line ($59.39) in recent weeks. 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 
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
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$824.48 -11.52
-1.38%

$835.02

6,682
51.40% of 50 DAV
50 DAV is 13,000
$874.00
-5.67%
7/5/2018 $714.90 PP = $739.99
MB = $776.99
Most Recent Note - 9/4/2018 5:31:11 PM
G - Managed a best-ever close with today's gain on higher volume nearly challenging its all-time high. Very extended from any sound base. The 50 DMA line ($776) and recent low ($760 on 8/15/18) define important near-term support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Best Ever Close After a Solid Gain on Higher Volume - 9/4/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIZZ - NASDAQ
National Beverage Corp
FOOD and BEVERAGE - Beverages - Soft Drinks  
$119.54 +3.36
2.89%

$120.07

314,654
149.84% of 50 DAV
50 DAV is 210,000
$129.82
-7.92%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/10/2018 5:24:16 PM
Y - Posted a gain today with above average volume. Highlighted in yellow with new pivot point cited based on its 9/11/17 high plus 10 cents in the 9/06/18 mid-day report, it challenged its high with a big gain backed by +111% above average volume. Subsequent gains above the pivot point for a a new high (N criteria) backed by at least +40% above average volume may trigger a proper technical buy signal. Reported Jun '17 quarterly earnings +32% on +20% sales revenues, continuing its streak of strong quarterly earnings (C criteria) results. Annual earnings (A criteria) growth has been strong after a downturn in FY '14. Small supply of only 11.2 million shares (S criteria) in the public float can contribute to greater volatility.
>>> FEATURED STOCK ARTICLE : Strong Beverage Firm Challenges Prior High - 9/6/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ODFL - NASDAQ
Old Dominion Fght Line
TRANSPORTATION - Trucking  
$167.58 +2.40
1.45%

$170.03

851,960
147.14% of 50 DAV
50 DAV is 579,000
$168.94
-0.81%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 9/7/2018 6:04:46 PM
Y -Reversed into the red today after early gains into new high territory. Highlighted in yellow with new pivot point cited based on its 6/12/18 high plus 10 cents in the prior mid-day report. Gain above the pivot point backed by +80% above average volume triggered a technical buy signal. Found support near its 200 DMA line during the consolidation since last noted in the 7/26/18 mid-day report - "Reported Jun '18 quarterly earnings +67% on +23% sales revenues, its 3rd consecutive strong quarterly comparison versus the year-ago period." See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Trucking Firm Perched at All-Time High - 9/7/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$293.78 -0.29
-0.10%

$296.09

342,944
60.17% of 50 DAV
50 DAV is 570,000
$305.34
-3.79%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 9/5/2018 5:43:01 PM
Y - Enduring mild distributional pressure after recently wedging to new 52-week highs with gains lacking volume conviction. Subsequent gains above the pivot point backed by at least +40% above average volume are still needed to clinch a proper new (or add-on) technical buy signal. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Pulling Back After Wedging Gains for Highs Lacked Great Volume - 9/5/2018
 |  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  
$133.16 +2.27
1.73%

$133.69

1,194,570
132.44% of 50 DAV
50 DAV is 902,000
$136.13
-2.18%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/7/2018 11:42:12 AM
G - Gapped up today hitting a new all-time high and getting very extended from any sound base. Bullish action came after reporting earnings +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Prior highs and its 50 DMA line ($105.50) define near-term support to watch on pullbacks.
>>> 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 
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
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$199.01 +2.03
1.03%

$199.88

2,144,715
126.53% of 50 DAV
50 DAV is 1,695,000
$201.00
-0.99%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 9/5/2018 12:34:01 PM
Y - Retreating from its 52-week high with today's big loss on higher volume. The 8/29/18 gain above the pivot point backed by +77% above average volume clinched a new (or add-on) technical buy signal. The recent low ($174) defines the next important near-term support. Fundamentals remain strong.
>>> 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  
$90.70 -0.15
-0.17%

$92.75

63,574
84.77% of 50 DAV
50 DAV is 75,000
$92.50
-1.95%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/4/2018 5:32:30 PM
G - Gradually rebounding near its all-time high since pricing a new Public Offering and gapping down on 8/09/18. Its 50 DMA line ($78.77) defines near-term support to watch on pullbacks.
>>> 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  
$236.12 +8.51
3.74%

$237.82

2,243,443
185.72% of 50 DAV
50 DAV is 1,208,000
$234.35
0.76%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/10/2018 12:29:10 PM
G - Hitting another new all-time high with today's 2nd consecutive volume-driven gain. Its 50 DMA line ($214.64) defines initial support above the prior low ($193 on 7/30/18). Reported +39% earnings on +29% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> 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 
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$92.60 +2.05
2.26%

$93.10

282,452
86.11% of 50 DAV
50 DAV is 328,000
$98.30
-5.80%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 9/5/2018 5:59:04 PM
G- Color code is changed to green after slumping to a close below its 50 DMA line ($89.34). The recent low ($82.91 on 8/15/18) defines the next important near term support to watch. Subsequent volume-driven gains above the pivot point are needed to trigger a technical buy signal, however, it faces some near-term resistance due to overhead supply up to the $98 level.
>>> FEATURED STOCK ARTICLE : Cloud Security Firm Faces Some Near Term Resistance - 9/3/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ANET - NYSE
"Arista Networks, Inc"
TELECOMMUNICATIONS - Communication Equipment  
$269.01 +1.96
0.73%

$269.98

1,178,832
111.66% of 50 DAV
50 DAV is 1,055,700
$313.37
-14.15%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/5/2018 5:45:29 PM
Y - Encountered distributional pressure and tested its 50 DMA line ($272) with another loss backed by above average volume. More damaging losses would raise concerns and hurt its outlook.Subsequent volume-driven gains and a strong close above the pivot point would be a reassuring sign of fresh institutional buying demand.
>>> FEATURED STOCK ARTICLE : Considerable Gap Up Gain With Heavy Volume - 8/24/2018
 |  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
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$156.98 +1.08
0.69%

$157.47

650,040
86.67% of 50 DAV
50 DAV is 750,000
$156.99
-0.01%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 9/5/2018 5:47:07 PM
G - Retreated from its all-time high with a big loss today on higher volume. Very extended from any sound base after rallying well above 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  
$141.01 -0.91
-0.64%

$142.13

990,812
69.09% of 50 DAV
50 DAV is 1,434,000
$145.37
-3.00%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 9/5/2018 5:50:42 PM
Y - Suffered a big loss today on higher (near average) volume. Recent gains lacked great volume conviction. Gains above the pivot point backed by at least +40% above average volume are needed to trigger a proper new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Hovering Near Record High Following Considerable Rally - 8/2/2018
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HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$96.59 -0.48
-0.49%

$97.94

445,680
111.42% of 50 DAV
50 DAV is 400,000
$97.94
-1.37%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 9/10/2018 5:20:51 PM
G - Holding ground at its all-time high after impressive volume-driven gains, very extended from any sound base. Prior highs in the $82-83 area define support along with its 50 DMA line ($83.86). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Very Extended From Any Sound Base After Streak of Gains - 9/10/2018
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LOB - NASDAQ
"Live Oak Bancshares, Inc."
Banks-Southeast  
$29.40 -0.22
-0.74%

$29.60

106,433
75.54% of 50 DAV
50 DAV is 140,900
$32.95
-10.77%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 9/4/2018 12:55:04 PM
G - Its Relative Strength Rating is 77, below the 80+ minimum guideline. Meeting resistance today, whereas a convincing rebound above the 50 DMA line ($30.49) would help its outlook improve. The recent low and 200 DMA line ($27.98) define important near-term chart support.
>>> FEATURED STOCK ARTICLE : Recently Met Resistance at 50-Day Moving Average - 8/28/2018
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$89.80 +0.98
1.10%

$89.99

5,272,042
75.37% of 50 DAV
50 DAV is 6,995,000
$93.44
-3.90%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 9/5/2018 5:48:48 PM
Y - Suffered a big loss on higher volume today, slumping below its "max buy" level, and its color code is changed to yellow. Its 50 DMA line ($86.94) defines support above prior lows in the $80-81 area.
>>> FEATURED STOCK ARTICLE : Paypal Pulling Back From Record High - 7/26/2018
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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
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$93.20 +0.70
0.76%

$93.75

818,856
132.07% of 50 DAV
50 DAV is 620,000
$92.75
0.49%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 9/6/2018 1:19:28 PM
G - Reported earnings +48% on +13% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Extended from any sound base and perched at its all-time high after 14 consecutive gains. Prior highs in the $77 area define initial support to watch above its 50 DMA line ($75.24).
>>> FEATURED STOCK ARTICLE : Hitting New Highs With More Volume-Driven Gains - 8/22/2018
 |  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  
$75.85 +0.20
0.26%

$76.80

334,070
185.59% of 50 DAV
50 DAV is 180,000
$78.85
-3.80%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/4/2018 1:00:47 PM
G - Still perched near its 52-week high, extended from the prior base. Prior highs in the $68-69 area define support along with its 50 DMA line ($68.22).
>>> FEATURED STOCK ARTICLE : Electronic Systems Leader is Extended From Prior Base - 8/30/2018
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TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$87.96 +0.95
1.09%

$88.55

1,192,578
92.52% of 50 DAV
50 DAV is 1,289,000
$92.26
-4.66%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 9/5/2018 12:37:41 PM
G - Extended from any sound base, well above its 50 DMA line ($73.63) which defines near-term support. Fundamentals through Jun '18 have been strong.
>>> FEATURED STOCK ARTICLE : Pullback Following Recent technical Breakout - 7/30/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$37.65 +0.84
2.28%

$37.95

901,222
101.49% of 50 DAV
50 DAV is 888,000
$37.26
1.05%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 9/4/2018 5:41:51 PM
G - Posted a gain today with average volume for another new all-time high, getting more extended from the latest base. Prior highs in the $32 area define initial support to watch above its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Strength Returned After Finding Support Near Prior Lows - 8/14/2018
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