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 MIDDAY BREAKOUTS REPORT - THURSDAY, MARCH 23RD, 2023
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DOW 32446.56 416.45 (1.30%) | NASDAQ 11932.55 262.59 (2.25%) | S&P 500 3999.82 62.85 (1.60%)
Time of Screening : 3/23/2023 12:10:59 PM         Report Released : 3/23/2023 12:38:00 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 57.5% of 50 Day Average at the time of the screening.
More details about this report...

To View Current Notes and Data on currently Featured Stocks go to the latest
Featured Stocks Page
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(50 DAV)
52 Wk Hi
% From Hi
Date
Featured
Price
Featured
Pivot Point
Max Buy
PERI - NASDAQ
Perion Networks Ltd
$38.96 +1.71
4.59%
$39.53 513,112
66.99% of 50 DAV
50 DAV is 766,000
$38.83
0.33%
1/25/2023 $31.79 PP = $33.19
MB = $34.85
Most Recent Note - 3/23/2023 12:34:03 PM
G - Hitting yet another new all-time high with today's 3rd consecutive gain. Found support when recently consolidating above its 50 DMA line ($33.32) and the prior high ($33) which define important near-term support.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/15/2023. Click here.
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Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AGM - NYSE - FINANCIAL SERVICES - Credit Services
Federal Agric Mtg Cl C
$127.74 +2.54
2.03%
$127.74 $149.37 -14.48% 51,614
64.52%
80,000
Most Recent Note for AGM - 3/23/2023 12:12:15 PM
Rebounded near its 50 DMA line ($133.32) which acted as resistance. Abruptly retreated from its all-time high with damaging volume-driven losses undercutting its prior high ($137) and 50 DMA line. Reported earnings +22% on +147% sales revenues for the Dec '22 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Annual earnings growth has been steady.
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BZH - NYSE - MATERIALS & CONSTRUCTION - Residential Construction
Beazer Homes U S A Inc
$15.36 +0.71
4.84%
$15.36 $17.64 -12.93% 167,227
64.57%
259,000
Most Recent Note for BZH - 3/23/2023 12:13:58 PM
Consolidating near its 50 DMA line and it faces resistance due to overhead supply up to the $26 level. Fundamental concerns remain.
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CLMB - NASDAQ - Wholesale-Electronics
Climb Global Solutions
$50.28 +1.03
2.09%
$51.00 $51.35 -2.08% 14,715
98.10%
15,000
Most Recent Note for CLMB - 3/23/2023 12:14:38 PM
Hovering near its all-time high. Held its ground after a recent spurt of volume-driven gains. Reported Dec '22 quarterly earnings +36% on +18% sales revenues versus the year-ago period. Fundamental concerns remain after lower earnings versus the year ago for the Sep '22 quarter and lower sales revenues versus the year ago for the Jun '22 quarter.
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CMCL - AMEX - Mining-Gold/Silver/Gems
Caledonia Mining Corp
$16.37 +0.37
2.33%
$16.84 $18.23 -10.19% 76,105
115.31%
66,000
Most Recent Note for CMCL - 3/23/2023 12:15:24 PM
Spiked higher on 3/17/23 but prior mid-day reports noted - "Still faces some overhead supply which may act as resistance up to the $18 level. Quarterly earnings comparisons through Sep '22 have not been strong and steady above the +25% minimum (C criteria)."
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CPA - NYSE - TRANSPORTATION - Regional Airlines
Copa Holdings Sa
$90.19 +1.98
2.24%
$90.34 $98.12 -8.08% 280,585
62.08%
452,000
Most Recent Note for CPA - 3/23/2023 12:18:41 PM
Stalled after touching a new 52-week high on 3/09/23 and abruptly slumped below its 50 DMA line ($91.52). Reported earnings +127% on +55% sales revenues for the Dec '22 quarter versus the year-ago period. Prior quarterly comparisons also showed great improvement. A big loss in FY '20 leaves fundamental concerns.
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GIS - NYSE - FOOD & BEVERAGE - Food - Major Diversified
General Mills Inc
$82.80 +2.93
3.67%
$82.92 $88.34 -6.27% 2,484,046
69.60%
3,569,000
Most Recent Note for GIS - 3/23/2023 12:22:19 PM
Rebounding toward its all-time high. Reported Nov '22 quarterly earnings +11% on +4% sales revenues versus the year-ago period. Prior quarterly comparisons showed subpar sales revenues and earnings growth versus the year-ago periods. Annual earnings growth has been slow and steady for this well-known name in the Food - Packaged industry group. Fundamentals fall short of the C and A criteria of the fact-based investment system.
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KBH - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction
K B Home
$40.33 +3.53
9.58%
$40.42 $40.92 -1.45% 2,513,458
154.58%
1,626,000
Most Recent Note for KBH - 3/23/2023 12:24:26 PM
Gapped up today for a 3rd consecutive volume-driven gain. Resistance remains due to overhead supply up to the $52 level. Reported earnings -1% on -1% sales revenues for the Feb '23 quarter versus the year-ago period, breaking a streak of 8 consecutive quarterly comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong.
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MNSO - NYSE - RETAIL - Discount, Variety Stores
Miniso Group Hldg Cl A
$17.68 +0.20
1.14%
$18.18 $19.49 -9.29% 1,147,775
63.24%
1,815,000
Most Recent Note for MNSO - 3/23/2023 12:27:08 PM
Consolidating above its 50 DMA line after noted volume-driven gains. Prior mid-day reports cautioned members - "Still faces resistance due to overhead supply up to the $35 level. Reported Dec '22 quarterly earnings +55% on -17% sales revenues versus the year-ago period. Quarterly and annual earnings history has not been strong and steady while sales revenues have been waning."
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MTH - NYSE - MATERIALS & CONSTRUCTION - Residential Construction
Meritage Homes Corp
$115.86 +4.59
4.13%
$116.47 $117.22 -1.16% 326,810
74.61%
438,000
Most Recent Note for MTH - 3/23/2023 12:32:33 PM
Found prompt support near its 50 DMA line ($107.88) recently and it faces little resistance due to overhead supply up to the $125 level. Reported Dec '22 quarterly earnings +13% on +33% sales revenues versus the year-ago period, breaking a long streak of quarterly comparisons well above the +25% minimum earnings guideline (C criteria).
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OVLY - NASDAQ - Banks-West/Southwest
Oak Valley Bancorp
$24.05 +0.14
0.59%
$24.24 $28.00 -14.11% 17,561
65.04%
27,000
Most Recent Note for OVLY - 3/23/2023 12:33:15 PM
Slumped below its 50 DMA line with damaging volume-driven losses. Noted with caution in the 3/08/23 mid-day report hovering near its 52-week high enduring distributional pressure - "The quarterly comparisons in Sep and Dec '22 had earnings increases above the +25% minimum guideline (C criteria), but 4 prior quarterly comparisons were sub-par. Annual earnings (A criteria) history has been strong and steady."
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SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev
Super Micro Computer Inc
$117.61 +5.07
4.51%
$118.36 $117.84 -0.20% 980,704
63.64%
1,541,000
Most Recent Note for SMCI - 3/23/2023 12:35:00 PM
Hitting yet another new 52-week high with today's 4th consecutive volume-driven gain, very extended from any sound base. Noted in the 2/27/23 mid-day report - "Rallying from a 3-month base. Reported Dec '22 quarterly earnings +270% on +54% sales revenues versus the year-ago period, its 5th strong quarterly earnings increase well above the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) had a downturn in FY '21."
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STVN - NYSE - Medical-Services
Stevanato Group S P A
$23.27 +0.24
1.02%
$23.38 $25.72 -9.55% 199,773
73.45%
272,000
Most Recent Note for STVN - 3/23/2023 12:37:05 PM
Faces resistance due to overhead supply up to the $29 level. Prior mid-day reports noted - "Reported Dec '22 quarterly earnings +33% on +18% sales revenues versus the year-ago period. Prior 3 quarterly comparisons were below the +25% minimum earnings guideline (C criteria)."
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UBS - NYSE - BANKING - Money Center Banks
U B S Ag
$19.73 -0.67
-3.28%
$19.95 $22.30 -11.52% 5,451,839
132.01%
4,130,000
Most Recent Note for UBS - 3/23/2023 12:37:56 PM
Rebounded near its 50 DMA line ($21.12) which acted as resistance this week after an abrupt pullback. Prior mid-day reports repeatedly cautioned members - "Reported Dec '22 quarterly earnings +32% on +15% sales revenues versus the year-ago period. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
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