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MIDDAY BREAKOUTS REPORT - WEDNESDAY, MARCH 29TH, 2023
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DOW 32619 224.75 (0.69%) | NASDAQ 11884.18 168.1 (1.43%) | S&P 500 4015.13 43.86 (1.10%)
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Time of Screening :
3/29/2023 12:55:42 PM Report Released :
3/29/2023 1:02:01 PM Price is:
Above 52W High and Less Than 52W High
but within 15% of the 52 Week High Volume Is:
At least 60% of 50 Day Average at
the time of the screening.
More details about this report...
At around
mid-way through each trading day we run
a screen against our database of
high-ranked stocks, searching for
possible buy candidates that are trading
at or near their 52-week high on above
average volume. The results of that
screen are split into the two sections
you see below. The first, titled
"TODAY's FEATURED STOCKS" shows stocks
that our experts have recently
identified as among the strongest candidates to
consider. Stocks highlighted in yellow
are the most timely and noteworthy, so
particular attention and prompt action
may be appropriate. The second section,
titled "TODAY's BREAKOUT SCREEN" shows
the remainder of stocks meeting today's
screen parameters. Our experts have
reviewed and included notes on these
stocks as well, but found that they may
not match up as favorably.
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Y - Today's strongest
candidates
highlighted
by our staff
of experts.
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G - Previously featured in
this report as yellow and
now may no longer be buyable
under the guidelines.
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NONE OF OUR FEATURED STOCKS MET TODAY'S SCREENING CRITERIA FOR VOLUME AND PRICE ACTION.
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Symbol - Exchange - Industry Group Company Name |
Last |
Chg |
Day High |
52 WK Hi |
% From Hi |
Volume % DAV |
DAV |
BRKR
- NASDAQ - Medical-Systems/Equip
Bruker Corp
|
$77.09 |
+0.87
1.14%
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$77.86
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$77.16
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-0.09% |
499,429 73.77%
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677,000
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Most Recent Note for BRKR - 3/29/2023 12:57:06 PM
Reported earnings +25% on +4% sales revenues for the quarter ended December 31, 2022 versus the year-ago period. A downturn in FY '20 annual earnings (A criteria) hurt its track record of slow steady growth, not a great match with the fundamental guidelines of the fact-based investment system.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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DRD
- NYSE - METALS & MINING - Gold
Drdgold Ltd Adr
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$9.37 |
-0.25 -2.60%
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$9.65
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$10.02
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-6.49% |
223,332 64.36%
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347,000
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Most Recent Note for DRD - 3/29/2023 12:57:28 PM
Reported Dec '22 quarterly earnings +2% on +0% sales revenues versus the year-ago period. Fundamental concerns remain as when noted in the 7/27/20 mid-day report - "This low-priced South African company in the Mining - Gold/Silver/Gems group has an erratic earnings history, not a match with the fact-based investment system's guidelines."
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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FCNCA
- NASDAQ - BANKING - Regional - Mid-Atlantic Banks
First Citizens Bancshs A
|
$927.13 |
+11.01
1.20%
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$929.99
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$959.99
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-3.42% |
166,724 90.12%
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185,000
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Most Recent Note for FCNCA - 3/29/2023 12:58:00 PM
Gapped up on 3/27/23 on M&A news with recently failed SVBI. Reported earnings +38% on +203% sales revenues for the Dec '22 quarter versus the year-ago period, its 2nd strong quarter. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria).
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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FOUR
- NYSE - Finance-CrdtCard/PmtPr
Shift4 Payments
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$71.32 |
+2.32
3.36%
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$71.89
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$73.62
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-3.12% |
1,000,104 73.86%
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1,354,000
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Most Recent Note for FOUR - 3/29/2023 12:58:14 PM
Faces resistance due to overhead supply up to the $103 level. Quarterly results through Dec '22 have shown strong sales revenues and earnings growth. After a loss in FY '20, it showed great earnings growth in FY '21 and '22.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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NABL
- NYSE - Computer - Tech Services
N-able Inc
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$13.17 |
+1.02
8.35%
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$13.92
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$13.92
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-5.42% |
2,226,292 687.13%
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324,000
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Most Recent Note for NABL - 3/29/2023 12:59:05 PM
Gapped up today hitting a new 52-week high. Fundamental concerns remain.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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SKY
- NYSE - Bldg-Mobile/Mfg & RV
Skyline Champion Corp
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$72.12 |
+1.70
2.41%
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$72.81
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$73.40
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-1.74% |
556,138 127.55%
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436,000
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Most Recent Note for SKY - 3/29/2023 1:00:03 PM
Gapped up today for a 3rd consecutive gain challenging its 52-week high. Fundamental concerns were raised after it reported Dec '22 quarterly earnings +22% on +9% sales revenues versus the year-ago period, breaking a streak of quarterly comparisons above the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 1/14/22 and went through a choppy consolidation.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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TGLS
- NASDAQ - Bldg-Constr Prds/Misc
Tecnoglass Inc
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$40.45 |
+1.61
4.14%
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$40.61
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$43.84
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-7.74% |
216,875 72.29%
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300,000
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Most Recent Note for TGLS - 3/29/2023 1:01:12 PM
Posting a 5th consecutive volume-driven gain today, consolidating above its 50 DMA line ($36.49) and prior highs in the $35 area defining important near-term support. Prior mid-day reports noted - "Reported very strong quarterly results through Dec '22 versus the year-ago periods with solid sales revenues growth. Annual earnings history (A criteria) included a downturn in FY '19 and has been up and down, not a great match with the fact-based investment system's fundamental guidelines."
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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UBS
- NYSE - BANKING - Money Center Banks
U B S Ag
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$20.10 |
+0.83
4.31%
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$20.26
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$22.30
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-9.87% |
2,928,925 62.73%
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4,669,000
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Most Recent Note for UBS - 3/29/2023 1:01:22 PM
Rebounded near its 50 DMA line ($21) which acted as resistance last 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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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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WINA
- NASDAQ - SPECIALTY RETAIL - Sporting Goods Stores
Winmark Corp
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$308.34 |
+0.60
0.19%
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$309.51
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$311.10
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-0.89% |
13,406 89.37%
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15,000
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Most Recent Note for WINA - 3/29/2023 1:01:55 PM
Perched at its all-time high. Quarterly and annual earnings (C and A criteria) history has been slow and steady, not a match with the fact-based investment system's fundamental guidelines.
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SEC |
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A N
S L
I M
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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.
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