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 Sunday, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - MONDAY, SEPTEMBER 24TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -181.45 26,562.05 -0.68% Volume 854,593,260 -68% Volume 2,405,010,830 -35%
NASDAQ +6.29 7,993.25 +0.08% Advancers 966 32% Advancers 1,189 39%
S&P 500 -10.30 2,919.37 -0.35% Decliners 2,006 67% Decliners 1,851 61%
Russell 2000 -7.00 1,705.32 -0.41% 52 Wk Highs 47   52 Wk Highs 43  
S&P 600 -7.63 1,066.72 -0.71% 52 Wk Lows 112   52 Wk Lows 52  

Leadership Thinned as Major Indices Ended Mixed

Stocks finished mixed Monday. The Dow fell 181 points to 26562, while the S&P 500 lost 10 points to 2919. The Nasdaq Composite added 6 points to 7993. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange versus the prior session's inflated volume totals due to options expirations. Breadth was negative as decliners led advancers by a 2-1 margin on the NYSE and by a 3-2 margin on the Nasdaq exchange. There were 18 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, less than half of the total of 37 on the prior session. New 52-week lows totals outnumbered new 52-week highs totals on both the NYSE and the Nasdaq exchange. The major indices (M criteria) remain in a confirmed uptrend with a healthy crop of stocks hitting new highsThFeatured Stocks Pageprovides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED:The Nasdaq Composite Index is consolidating above its 50-day moving average (DMA) line, perched near record high.

The major averages fluctuated amid lingering trade tensions. In geopolitical news, China cancelled plans for a fresh round of trade talks as the United States began levying a new 10% tariff on Beijing imports today. On the data front, the Chicago Fed’s National Activity Index held steady in August while a separate survey revealed manufacturing activity in the Dallas Fed Region expanded less than expected in September.

Eight of 11 S&P 500 sectors ended the session lower. Industrials and Materials provided a headwind to equity markets amid rising trade concerns. Consumer Staples also underperformed as Procter & Gamble (PG -1.81%). Energy shares outperformed as oil prices climbed to its highest level in four years after OPEC elected against increasing output. Technology stocks also bucked the downtrend with Advance Micro Devices (AMD +5.13%).

Treasuries weakened along the curve, with the yield on the 10-year note up two basis points to 3.08%. Meanwhile, the yield on the two-year note touched 2.84% earlier in the session, its highest level since June 2008, after ECB President Mario Draghi expressed concern over increase in underlying inflation in the eurozone. In commodities, WTI crude jumped 2.1% to $72.26/barrel. COMEX gold gained 0.1% to $1198.10/ounce despite a modestly stronger 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.


Commodity-Linked Shares and Biotech Index Led Group Gainers

The Oil Services Index ($OSX +1.20%) and the Integrated Oil Index ($XOI +1.91%) both posted solid gains while the Gold & Silver Index ($XAU +0.40%) also edged higher on MondayThe Broker/Dealer Index ($XBD -0.80%) and the Bank Index ($BKX -1.23%) both fell and the Retail Index ($RLX -0.09%) finished flat. The tech sector had a positive bias as the Biotech Index ($BTK +2.15%) outpaced the Semiconductor Index ($SOX +0.39%) while the Networking Index ($NWX +0.01%) finished flat.

Charts courtesy of www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX +0.39%) is consolidating above its 50-day and 200-day moving average (DMA) lines. 


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  149.33 +1.78 +1.21% -0.15%
Integrated Oil $XOI  1,551.48 +29.05 +1.91% +16.17%
Semiconductor $SOX  1,388.46 +5.37 +0.39% +10.81%
Networking $NWX  569.77 +0.03 +0.01% +16.15%
Broker/Dealer $XBD  272.15 -2.19 -0.80% +2.61%
Retail $RLX  2,390.41 -2.10 -0.09% +37.87%
Gold & Silver $XAU  66.29 +0.26 +0.39% -22.26%
Bank $BKX  108.71 -1.36 -1.24% +1.87%
Biotech $BTK  5,318.11 +112.17 +2.15% +25.96%


Hovering Near All-Time High With Strong Fundamentals

Zebra Tech Corp Cl A (ZBRA -$1.05 or -0.60% to $174.15) is hovering near its all-time high. The prior high in the $161 area defines support coinciding with its 50-day moving average (DMA) line. Fundamentals remain strong.

ZBRA was last shown in this FSU section on 8/07/18 with an annotated graph under the headline, "Big Gain for New High Backed by Heavy Volume". It was highlighted in yellow with pivot point cited based on its 6/08/18 high plus 10 cents in the earlier mid-day report (read here). It gapped up hitting a new all-time high with a big gain backed by +337% above average volume, rebounding from below its 50-day moving average (DMA) line.

Recently it reported Jun '18 earnings +64% on +13% sales revenues. Three of the past 4 quarters showed earnings increases above the +25% minimum guideline (C criteria). Recent sequential comparisons show encouraging sales revenues acceleration. Annual earnings (A criteria) history has been strong since a downturn in FY '08 and '09.

The number of top-rated funds owning its shares from 553 in Sep '17 to 677 in Jun '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.8 is an unbiased indication its shares have been under accumulation over the past 50 days. has earned an A Timeliness Rating and a B Sponsorship Rating. There are 53.7 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling.

Charts used 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
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$15.50 -0.05
-0.32%

$15.75

141,711
170.74% of 50 DAV
50 DAV is 83,000
$16.30
-4.91%
9/24/2018 $15.38 PP = $16.40
MB = $17.22
Most Recent Note - 9/24/2018 12:33:59 PM
Y - Color code is changed to yellow and a new pivot point is cited based on its 7/26/18 high plus 10 cents while building a new base, consolidating above its 50 DMA line ($15.29). Prior lows and its 200 DMA line define additional near-term support. Its Relative Strength Rating is 78, 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  
$320.83 -3.26
-1.01%

$324.91

267,629
65.28% of 50 DAV
50 DAV is 410,000
$333.74
-3.87%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 9/20/2018 5:20:06 PM
Y - Posted a solid gain today, rising from its 50 DMA line ($317.92) and challenging prior highs. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a convincing new technical buy signal.
>>> 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  
$174.15 -1.05
-0.60%

$175.87

207,771
55.70% of 50 DAV
50 DAV is 373,000
$179.47
-2.96%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 9/24/2018 5:11:07 PM
G - Hovering near its all-time high. Prior high in the $161 area defines support coinciding with its 50 DMA line. Fundamentals remain strong. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Hovering Near All-Time High With Strong Fundamentals - 9/24/2018
 |  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  
$136.72 -1.40
-1.01%

$138.55

301,354
68.18% of 50 DAV
50 DAV is 442,000
$144.19
-5.18%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 9/21/2018 1:03:00 PM
G - Holding its ground near its "max buy" level. Volume totals have been cooling in recent weeks after a bout of distributional pressure. Prior highs in the $137 area define near term support along with its 50 DMA line ($135.50). 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  
$104.12 +0.01
0.01%

$105.40

706,445
71.50% of 50 DAV
50 DAV is 988,000
$118.75
-12.32%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 9/20/2018 5:16:36 PM
Y - Suffered a big loss today on higher (near average) volume as it slumped back below its pivot point and finished near the session low. Prior low ($99.73 on 9/07/18) defines important near-term support to watch. Very little resistance remains due to overhead supply.
>>> 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
TSC - NASDAQ
TriState Capital Hld Inc
CONSUMER NON-DURABLES - Personal Products  
$27.95 -0.50
-1.76%

$28.35

107,217
60.92% of 50 DAV
50 DAV is 176,000
$30.10
-7.14%
9/11/2018 $29.75 PP = $30.20
MB = $31.71
Most Recent Note - 9/24/2018 4:23:05 PM
G - Failing to rebound after recently violating its 50 DMA line. A rebound above the 50 DMA line ($29.03) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : TriState Bank Perched Near All-Time High - 9/11/2018
 |  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  
$222.00 -0.28
-0.13%

$222.78

425,486
75.44% of 50 DAV
50 DAV is 564,000
$227.15
-2.27%
9/12/2018 $221.01 PP = $226.02
MB = $237.32
Most Recent Note - 9/20/2018 5:13:46 PM
Y - Finished perched only -1.7% off its record high. Volume totals have been cooling in recent weeks while consolidating above its 50 DMA line ($217.81). New pivot point cited was based on its 7/25/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The prior low ($210.64 on 8/03/18) defines important near-term support above its 200 DMA line ($202). Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Perched Within Close Striking Distance of New Pivot Point - 9/20/2018
 |  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  
$221.35 -0.55
-0.25%

$222.14

2,509,006
78.43% of 50 DAV
50 DAV is 3,199,000
$223.37
-0.90%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/18/2018 3:22:21 PM
G - Color code is changed to green while rising above its "max buy" level and quietly hitting another new all-time high with today's gain on light volume. Its 50 DMA line ($207.55) 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  
$149.11 -0.94
-0.63%

$149.65

6,671,531
91.49% of 50 DAV
50 DAV is 7,292,000
$150.26
-0.77%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 9/24/2018 4:24:15 PM
G - Perched near its all-time high, very extended from any sound base. Its 50 DMA line ($142.77) and recent low ($135.31 on 7/30/18) define important near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Visa Near Record but Endured Distributional Pressure - 9/13/2018
 |  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  
$36.30 +0.45
1.26%

$36.38

235,332
55.50% of 50 DAV
50 DAV is 424,000
$48.26
-24.78%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 9/24/2018 4:29:26 PM
G - Slumped well below its 50 DMA line ($40) with recent volume-driven losses raising concerns. Prior low ($34.72 on 6/28/18) defines important near-term support above its 200 DMA line. A rebound above the 50 DMA line is needed for its outlook to 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 
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
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$60.80 -0.60
-0.98%

$61.35

260,632
96.64% of 50 DAV
50 DAV is 269,700
$64.80
-6.17%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 9/21/2018 7:22:22 PM
Y - It found support recently near its 50 DMA line ($60.85). Still perched near its all-time high, stubbornly holding its ground. in recent weeks. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average - 9/21/2018
 |  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  
$834.68 -5.36
-0.64%

$845.08

5,731
47.76% of 50 DAV
50 DAV is 12,000
$874.00
-4.50%
9/14/2018 $820.45 PP = $874.10
MB = $917.81
Most Recent Note - 9/24/2018 4:21:38 PM
Y - Holding its ground in a tight range. New pivot point cited was based on its 8/27/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The 50 DMA line ($806) defines important near-term support to watch on pullbacks.
>>> 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  
$112.30 -1.14
-1.00%

$114.54

156,204
82.52% of 50 DAV
50 DAV is 189,300
$127.32
-11.80%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/18/2018 3:17:36 PM
Y - Met resistance near its old high and it has been slumping near its 50 DMA line ($112). 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. Fundamentals through Jun '18 have been strong.
>>> 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  
$158.14 +1.37
0.87%

$158.27

806,051
131.92% of 50 DAV
50 DAV is 611,000
$170.22
-7.10%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 9/21/2018 1:05:14 PM
Y - Enduring distributional pressure this week, undercutting prior highs in the $164 area. Raised concerns while completely negating the recent technical breakout and slumping back into the prior base.
>>> 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  
$288.99 +2.77
0.97%

$290.00

586,302
99.71% of 50 DAV
50 DAV is 588,000
$305.34
-5.35%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 9/21/2018 2:53:06 PM
Y - Rebound above the 50 DMA line ($283) has helped its outlook to improve. Remains below the previously cited pivot point, and it has not formed a sound new base.
>>> 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 
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
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$125.40 +0.15
0.12%

$128.83

927,611
96.03% of 50 DAV
50 DAV is 966,000
$136.13
-7.88%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/19/2018 5:37:43 PM
G - Pulling back after getting very extended from any sound base. Earnings rose +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Its 50 DMA line ($110.51) and prior high ($109.09 on 7/19/18) define important near-term support to watch.
>>> 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  
$193.12 +3.43
1.81%

$194.07

2,048,221
109.01% of 50 DAV
50 DAV is 1,879,000
$206.30
-6.39%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 9/19/2018 12:37:56 PM
G - Violated its 50 DMA line ($189.45) with today's 4th consecutive loss backed by above average volume triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve. Recent low ($174.35 on 7/31/18) defines important near-term support above its 200 DMA line. 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  
$89.20 -0.55
-0.61%

$90.65

65,164
81.46% of 50 DAV
50 DAV is 80,000
$92.75
-3.83%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/18/2018 3:26:22 PM
G - Volume totals have been cooling while stubbornly holding its ground perched near its all-time high. Completed a new Public Offering on 8/09/18. Its 50 DMA line ($82.67) 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  
$230.66 +1.14
0.50%

$232.21

1,190,547
100.13% of 50 DAV
50 DAV is 1,189,000
$239.50
-3.69%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/19/2018 5:41:08 PM
G - Pulling back from its all-time high with losses on lighter than average volume. Extended from any sound base. Its 50 DMA line ($218.11) and prior high ($219.38 on 7/13/18) define important near term support to watch. Reported +39% earnings on +29% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High With Volume Totals Cooling - 9/17/2018
 |  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  
$87.70 +0.90
1.04%

$88.37

280,562
82.28% of 50 DAV
50 DAV is 341,000
$98.30
-10.78%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 9/19/2018 5:43:31 PM
G - Undercut its 50 DMA line ($90.38) raising concerns and its color code is changed to green. The recent low ($82.91 on 8/15/18) defines the next important near term support to watch. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent volume-driven gains above the pivot point are needed to trigger a technical buy signal.
>>> 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 
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
ANET - NYSE
"Arista Networks, Inc"
TELECOMMUNICATIONS - Communication Equipment  
$274.21 +4.92
1.83%

$275.23

705,553
61.20% of 50 DAV
50 DAV is 1,152,900
$313.37
-12.50%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/24/2018 4:27:19 PM
G - Today's gain on light volume helped it close just above its 50 DMA line ($273.93) helping its outlook to improve. Found support at its 200 DMA line ($264). More damaging losses would raise serious concerns. Its Relative Strength Rating has slumped to 76. Faces near-term resistance due to overhead supply up to the $313 level.
>>> 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 
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$154.97 +1.32
0.86%

$156.11

498,954
64.30% of 50 DAV
50 DAV is 776,000
$164.08
-5.55%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 9/18/2018 5:53:08 PM
G - Perched near its all-time high, very extended from any sound base. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Very Extended From Base After Impressive Rally - 9/18/2018
 |  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  
$134.81 -0.94
-0.69%

$137.19

1,501,989
104.89% of 50 DAV
50 DAV is 1,432,000
$149.35
-9.73%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 9/19/2018 5:35:11 PM
Y - Pulled back today with heavier volume indicative of distributional pressure. 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. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Wedged Higher Then Fell Below Pivot Point With Heavier Volume - 9/19/2018
 |  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  
$92.29 -0.17
-0.18%

$93.21

488,671
70.92% of 50 DAV
50 DAV is 689,000
$99.99
-7.70%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 9/24/2018 4:07:06 PM
G - Extended from any sound base, consolidating above its 50 DMA line ($86.86) and prior highs in the $82-83 area defining additional near-term support to watch.
>>> FEATURED STOCK ARTICLE : Very Extended From Any Sound Base After Streak of Gains - 9/10/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$89.62 -1.00
-1.10%

$90.26

8,037,753
104.06% of 50 DAV
50 DAV is 7,724,000
$93.70
-4.35%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 9/24/2018 4:03:49 PM
Y - Consolidating near its 50 DMA line ($88.35), while the next important support is at prior lows in the $80-81 area.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Near High - 9/12/2018
 |  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
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$93.40 +0.65
0.70%

$94.15

387,476
62.60% of 50 DAV
50 DAV is 619,000
$94.70
-1.37%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 9/21/2018 1:05:49 PM
G - Perched at its all-time high, extended from any sound base. Prior highs in the $77 area define support along with its 50 DMA line ($79.38). Reported earnings +48% on +13% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> 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  
$70.05 -0.55
-0.78%

$71.15

307,826
147.99% of 50 DAV
50 DAV is 208,000
$78.85
-11.16%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/24/2018 4:01:31 PM
G - Slumped below its 50 DMA line ($71.11) raising concerns with a streak of volume-driven losses. Prior highs in the $68-69 area defining important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Electronic Systems Leader is Extended From Prior Base - 8/30/2018
 |  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  
$92.47 +1.78
1.96%

$93.16

1,362,073
96.94% of 50 DAV
50 DAV is 1,405,000
$95.00
-2.66%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 9/24/2018 3:59:51 PM
G - Posting a gain and rallying near its all-time high today with average volume. Extended from any sound base. The 50 DMA line ($80.48) defines near-term support to watch on pullbacks. Fundamentals through Jun '18 have been strong.
>>> FEATURED STOCK ARTICLE : Extended From Base and Hitting Another New High - 9/14/2018
 |  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  
$35.43 -0.05
-0.14%

$36.24

772,960
82.23% of 50 DAV
50 DAV is 940,000
$38.66
-8.35%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 9/21/2018 2:54:48 PM
G - Reversed into the red today after early gains challenging its all-time high. Extended from any sound base, and prior highs in the $32 area define initial support to watch above its 50 DMA line ($31.95).
>>> 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 

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