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 - WEDNESDAY, SEPTEMBER 26TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -106.93 26,385.28 -0.40% Volume 829,109,060 -0% Volume 2,308,625,270 +1%
NASDAQ -17.10 7,990.37 -0.21% Advancers 1,091 37% Advancers 1,114 37%
S&P 500 -9.59 2,905.97 -0.33% Decliners 1,858 63% Decliners 1,898 63%
Russell 2000 -17.20 1,691.61 -1.01% 52 Wk Highs 60   52 Wk Highs 80  
S&P 600 -9.62 1,058.04 -0.90% 52 Wk Lows 111   52 Wk Lows 80  

Breadth Negative as Major Indices Fell

Stocks are finished lower Wednesday. The Dow fell 106 points to 26385, while the S&P 500 lost 9 points to 2905. The Nasdaq Composite fell 17 points to 7990. The volume totals reported were lighter on the NYSE and near the prior total on the Nasdaq exchange versus the prior session. Breadth was negative as decliners led advancers by a 9-5 margin on the NYSE and on the Nasdaq exchange. There were 26 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 32 on the prior session. New 52-week lows outnumbered new 52-week highs on the NYSE, meanwhile new highs matched new lows on 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 S&P 500 Index is perched near its new record high.

The major averages climbed to session highs following this afternoon’s Federal Reserve rate decision, but U.S. equities retreated after Fed Chair Jerome Powell responded to questions in the post-meeting press conference. As expected, policymakers voted to raise interest rates by 25 basis points for the third time this year, lifting the benchmark federal funds rate to a target range of 2.00% - 2.25%. The majority of FOMC officials now foresee an additional rate hike by year-end, according to the Fed’s “dot plot.” Treasury yields declined after Fed Chair Jerome Powell commented that he is not observing a buildup in fundamental inflation. The yield on the benchmark 10-year note dipped four basis points to 3.05%.

Seven of 11 S&P 500 sectors closed in negative territory. Financials led decliners as interest rates slid lower. Health Care shares outperformed as Alexion Pharmaceuticals (ALXN +5.13%) rose after announcing the acquisition of biotech company Syntimmune for up to $1.2 billion.

In commodities, WTI crude slipped 0.7% to $71.79/barrel. COMEX gold declined 0.5% to $1,193.80/ounce despite a slightly weaker dollar.

On the data front, mortgage applications climbed 2.9% in the most recent week. An additional update revealed new home sales increased 3.5% in August after falling 1.6% in July.

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.


Retail and Biotech Indexes Bucked Broader Weakness

The Gold & Silver Index ($XAU -2.54%) and Oil Services Index ($OSX -1.95%) both outpaced thIntegrated Oil Index ($XOI -0.53%) to the downside on WednesdayThe Broker/Dealer Index ($XBD -1.54%) and the Bank Index ($BKX -1.49%) both fell while thRetail Index ($RLX +0.32%) eked out a small gain. The Biotech Index ($BTK +0.13%) held its ground while the Networking Index ($NWX -0.97%) and the Semiconductor Index ($SOX -0.95%) both declined.

Charts courtesy of www.stockcharts.com

PICTURED: The Bank Index ($BKX -1.49%) slumped below its 50-day and 200-day moving average (DMA) lines toward prior lows. 


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  147.90 -2.95 -1.96% -1.10%
Integrated Oil $XOI  1,557.38 -8.22 -0.53% +16.61%
Semiconductor $SOX  1,351.85 -12.97 -0.95% +7.88%
Networking $NWX  566.53 -5.57 -0.97% +15.49%
Broker/Dealer $XBD  268.12 -4.18 -1.54% +1.09%
Retail $RLX  2,419.62 +7.67 +0.32% +39.56%
Gold & Silver $XAU  65.02 -1.69 -2.53% -23.75%
Bank $BKX  106.74 -1.62 -1.50% +0.03%
Biotech $BTK  5,348.24 +6.70 +0.13% +26.67%


Rallying Near Pivot Point With Volume-Driven Gains

Globus Medical Inc Cl A (GMED +$1.37 or +2.51% to $56.02) was highlighted in yellow with pivot point cited based on its 6/06/18 high plus 10 cents in the earlier mid-day report (read here). It has been rallying from support at its 50-day moving average (DMA) line and challenging its all-time high with volume-driven gains. Subsequent gains above the pivot point backed by more than +40% above average volume may trigger a technical buy signal.

The Medical - Products firm has technology to treat patients with spine disorders. Reported earnings +38% on +14% sales revenues for the Jun '18 quarter, its 2nd strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been steady.

It has 98.3 million shares outstanding (S criteria). The number of top rated funds owning its shares rose from 451 in Sep '17 to 502 in Jun '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under slight accumulation over the past 50 days.

Charts 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  
$15.40 -0.15
-0.96%

$15.70

77,260
89.73% of 50 DAV
50 DAV is 86,100
$16.30
-5.52%
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  
$316.64 -4.57
-1.42%

$322.61

462,006
114.36% of 50 DAV
50 DAV is 404,000
$333.74
-5.12%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 9/25/2018 3:25:46 PM
Y - Consolidating above its 50 DMA line ($319.29) and perched within close striking distance of its all-time high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a convincing new technical buy signal. The recent low ($314.03 on 9/13/18) defines the next important 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 
GMED - NYSE
Globus Medical Inc Cl A
CHEMICALS - Specialty Chemicals  
$56.02 +1.37
2.51%

$57.00

1,058,282
197.07% of 50 DAV
50 DAV is 537,000
$57.55
-2.66%
9/26/2018 $56.11 PP = $57.65
MB = $60.53
Most Recent Note - 9/26/2018 6:35:17 PM
Y - Finished near the middle of its intra-day range after highlighted in yellow with pivot point cited based on its 6/06/18 high plus 10 cents in the earlier mid-day report. Challenging its all-time high with volume-driven gains. Subsequent gains above the pivot point backed by more than +40% above average volume may trigger a technical buy signal. Reported earnings +38% on +14% sales revenues for the Jun '18 quarter. The Medical - Products firm has technology to treat patients with spine disorders. Reported earnings +38% on +14% sales revenues for the Jun '18 quarter, its 2nd strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been steady. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Rallying Near Pivot Point With Volume-Driven Gains - 9/26/2018
 |  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  
$175.36 -0.72
-0.41%

$177.60

254,635
69.38% of 50 DAV
50 DAV is 367,000
$179.47
-2.29%
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  
$137.81 -0.07
-0.05%

$139.04

204,443
46.68% of 50 DAV
50 DAV is 438,000
$144.19
-4.42%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 9/25/2018 3:14:37 PM
Y - Color code is changed to yellow while quietly sputtering just below 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 ($135.68). 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 
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
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$108.01 +0.95
0.89%

$108.76

430,902
43.13% of 50 DAV
50 DAV is 999,000
$118.75
-9.04%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 9/25/2018 2:58:20 PM
Y - Posting a 2nd consecutive quiet gain today after slumping below its pivot point raising concerns. 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 
TSC - NASDAQ
TriState Capital Hld Inc
CONSUMER NON-DURABLES - Personal Products  
$26.90 -0.75
-2.71%

$27.70

136,425
76.64% of 50 DAV
50 DAV is 178,000
$30.10
-10.63%
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  
$225.13 -0.56
-0.25%

$227.10

471,239
84.60% of 50 DAV
50 DAV is 557,000
$227.15
-0.89%
9/12/2018 $221.01 PP = $226.02
MB = $237.32
Most Recent Note - 9/25/2018 3:19:11 PM
Y - Challenging its record high with today's gain on light volume. Its 50 DMA line ($218.08) defines near-term support to watch on pullbacks. 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.
>>> 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  
$222.26 +0.14
0.06%

$224.36

2,835,622
89.17% of 50 DAV
50 DAV is 3,180,000
$223.37
-0.50%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/25/2018 2:50:15 PM
G - Hovering near its all-time high, extended from any sound base. Its 50 DMA line ($209) defines important near-term support above 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  
$149.27 -0.31
-0.21%

$150.42

5,809,841
80.09% of 50 DAV
50 DAV is 7,254,000
$150.26
-0.66%
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 
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
NANO - NASDAQ
Nanometrics Inc
ELECTRONICS - Scientific and Technical Instrum  
$36.18 -0.26
-0.71%

$37.05

257,924
60.55% of 50 DAV
50 DAV is 426,000
$48.26
-25.03%
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 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$60.90 -1.00
-1.62%

$62.55

205,381
74.96% of 50 DAV
50 DAV is 274,000
$64.80
-6.02%
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  
$868.00 +13.01
1.52%

$868.00

26,167
218.06% of 50 DAV
50 DAV is 12,000
$874.00
-0.69%
9/14/2018 $820.45 PP = $874.10
MB = $917.81
Most Recent Note - 9/26/2018 12:50:13 PM
Y - Held its ground in a tight range in recent weeks. Today's gain has it within close striking distance of its all-time high. 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 ($809) 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  
$111.33 +0.53
0.48%

$111.87

163,780
86.06% of 50 DAV
50 DAV is 190,300
$127.32
-12.56%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/25/2018 2:46:58 PM
G - Color code is changed to green after quietly slumping below its 50 DMA line ($113.11) raising concerns. Only a prompt rebound above the 50 DMA line would help its outlook improve. Subsequent gains above the pivot point for a new high (N criteria) backed by at least +40% above average volume are still needed to 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 
ABMD - NASDAQ
Abiomed Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$444.70 +3.18
0.72%

$454.00

879,973
139.24% of 50 DAV
50 DAV is 632,000
$450.93
-1.38%
9/25/2018 $441.96 PP = $451.03
MB = $473.58
Most Recent Note - 9/25/2018 6:29:02 PM
Y - Finished strong today with above average volume behind a 3rd consecutive gain in a 6 session winning streak. Color code was changed to yellow with new pivot point cited based on its 6/20/18 high plus 10 cents in the earlier mid-day report. Subsequent gains for a new high (N criteria) above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported Jun '18 quarterly earnings +73% on +36% sales revenues. The past 7 quarterly comparisons had earnings above the +25% minimum guideline (C criteria). Downturn in FY '14 annual earnings (A criteria) history was noted as a concern, yet its growth rate afterward has been great. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Quick Rebound Near Prior High - 9/25/2018
 |  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
ODFL - NASDAQ
Old Dominion Fght Line
TRANSPORTATION - Trucking  
$161.51 +1.51
0.94%

$163.68

431,811
70.56% of 50 DAV
50 DAV is 612,000
$170.22
-5.12%
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  
$289.18 -1.61
-0.55%

$292.47

410,237
68.83% of 50 DAV
50 DAV is 596,000
$305.34
-5.29%
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 
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$127.24 +0.76
0.60%

$128.34

915,468
94.87% of 50 DAV
50 DAV is 965,000
$136.13
-6.53%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/25/2018 3:16:17 PM
G - Remains very extended from any sound base, well above its 50 DMA line ($112) and prior high ($109.09 on 7/19/18) defining near-term support to watch. Earnings rose +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> 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  
$195.71 -1.90
-0.96%

$198.89

1,323,505
69.73% of 50 DAV
50 DAV is 1,898,000
$206.30
-5.13%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 9/25/2018 2:52:35 PM
Y - Found prompt support and rebounded above the 50 DMA line ($189.59) helping its outlook improve, and its color code is changed to yellow. 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  
$84.30 -3.70
-4.20%

$88.88

119,269
147.25% of 50 DAV
50 DAV is 81,000
$92.75
-9.11%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/26/2018 6:43:32 PM
G - Slumped below its 50 DMA line ($84.53) with a big volume-driven loss today triggering a technical sell signal. Only a prompt rebound would help its outlook improve.
>>> 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 
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
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$226.15 -3.53
-1.54%

$231.36

1,275,021
106.25% of 50 DAV
50 DAV is 1,200,000
$239.50
-5.57%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/25/2018 3:22:11 PM
G - Volume totals in recent weeks have been cooling while holding its ground stubbornly near its all-time high. It is extended from any sound base. Its 50 DMA line ($219.31) coincides with the prior high ($219.38 on 7/13/18) defining important near term support to watch. Fundamentals remain strong.
>>> 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  
$87.50 -2.35
-2.62%

$90.75

208,438
60.42% of 50 DAV
50 DAV is 345,000
$98.30
-10.98%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 9/25/2018 2:54:16 PM
Y - Rebounding above its 50 DMA line ($90) helping its outlook improve and its color code is changed to yellow. 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.
>>> 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  
$263.87 -10.69
-3.89%

$273.90

1,223,161
107.86% of 50 DAV
50 DAV is 1,134,000
$313.37
-15.80%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/26/2018 6:41:33 PM
G - Slumped to a close below its 200 DMA line ($265) today raising more serious concerns. Only a prompt rebound above its 50 DMA line ($273) would help its outlook improve. Relative Strength Rating has slumped to 79. 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  
$154.77 -4.25
-2.67%

$157.13

511,237
65.13% of 50 DAV
50 DAV is 785,000
$164.08
-5.67%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 9/25/2018 2:44:09 PM
G - Hovering near its all-time high, very extended from any sound base. Its 50 DMA line ($139.19) defines near-term support to watch on pullbacks. Fundamentals remain strong.
>>> 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  
$138.42 +0.10
0.07%

$140.61

777,913
53.43% of 50 DAV
50 DAV is 1,456,000
$149.35
-7.32%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 9/25/2018 2:56:45 PM
Y - Finding support above its 50 DMA line ($132.46) with a quiet gain today after losses 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.
>>> 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 
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
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$93.28 -0.04
-0.04%

$94.38

676,534
95.42% of 50 DAV
50 DAV is 709,000
$99.99
-6.71%
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  
$89.85 -0.19
-0.21%

$90.93

5,793,100
74.44% of 50 DAV
50 DAV is 7,782,000
$93.70
-4.11%
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 
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$94.80 +0.45
0.48%

$95.40

382,490
63.01% of 50 DAV
50 DAV is 607,000
$94.70
0.11%
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  
$67.10 -3.25
-4.62%

$70.85

268,979
126.28% of 50 DAV
50 DAV is 213,000
$78.85
-14.90%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/26/2018 6:38:32 PM
G - Slumped further below its 50 DMA line ($71.24) today. Raised concerns while also undercutting prior highs in the $68-69 area triggering technical sell signals.
>>> 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  
$94.36 +0.08
0.08%

$95.25

1,129,297
79.87% of 50 DAV
50 DAV is 1,414,000
$95.00
-0.67%
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 
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
SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$36.59 -0.69
-1.85%

$37.71

413,369
44.50% of 50 DAV
50 DAV is 929,000
$38.66
-5.35%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 9/25/2018 3:27:53 PM
G - Rebounding near its all-time high with today's big gain, but it is extended from any sound base. Prior highs in the $32 area define initial support to watch coinciding with its 50 DMA line ($32.36).
>>> 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