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.
MIDDAY BREAKOUTS REPORT - WEDNESDAY, AUGUST 18TH, 2021
Previous Mid Day Report Next Mid Day Report >>>
|
DOW 35311.61 -31.67 (-0.09%) | NASDAQ 14652.8 -3.38 (-0.02%) | S&P 500 4441.81 -6.27 (-0.14%)
|
Time of Screening :
8/18/2021 12:17:05 PM Report Released :
8/18/2021 12:49:47 PM Price is:
Above 52W High and Less Than 52W High
but within 15% of the 52 Week High Volume Is:
At least 50% 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.
|
Y - Today's strongest
candidates
highlighted
by our staff
of experts.
|
|
G - Previously featured in
this report as yellow and
now may no longer be buyable
under the guidelines.
|
|
|
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 |
SNPS
- NASDAQ
Synopsys Inc
|
$293.22
|
+1.60
0.55%
|
$294.29
|
368,751 54.79% of 50 DAV
50 DAV is 673,000
|
$300.91 -2.56%
|
8/18/2021 |
$293.22
|
PP = $301.01 MB = $316.06 |
Most Recent Note - 8/18/2021 12:44:18 PM
Y - Color code is changed to yellow with pivot point cited based on its 2/16/21 high plus 10 cents. Challenging its all-time high with recent gains. Due to report Jul '21 quarterly results. Volume and volatility often increase near earnings news. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported earnings +39% on +19% sales revenues for the Apr '21 quarter versus the year ago period, its 4th strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been strong and steady.
There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
UMC
- NYSE
United Microelectrnc Adr
|
$10.36
|
+0.32
3.19%
|
$10.53
|
3,866,338 60.78% of 50 DAV
50 DAV is 6,361,000
|
$11.71 -11.53%
|
8/5/2021 |
$11.62
|
PP = $11.38 MB = $11.95 |
Most Recent Note - 8/18/2021 12:49:40 PM
Y - Gapped up today. Pulled back below its pivot point with volume-driven losses this week indicative of distributional pressure. Stalled since reaching a new 52-week high. Recent highs and its 50 DMA line ($9.81) define near term support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/6/2021. Click here.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
|
|
Symbol - Exchange - Industry Group Company Name |
Last |
Chg |
Day High |
52 WK Hi |
% From Hi |
Volume % DAV |
DAV |
A
- NYSE - Medical- Research Equipment/Services
Agilent Technologies Inc
|
$163.50 |
+2.59
1.61%
|
$165.36
|
$162.52
|
0.60% |
1,173,431 64.83%
|
1,810,000
|
Most Recent Note for A - 8/18/2021 12:20:39 PM
Hitting new all-time highs today, getting very extended from any sound base. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Reported strong Jan , Apr, and Jul '21 quarterly results versus the year ago periods above the +25% minimum earnings guideline (C criteria).. Annual earnings (A criteria) history has been strong and steady.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
AEG
- NYSE - INSURANCE - Life Insurance
Aegon N V
|
$4.97 |
+0.10
2.05%
|
$4.98
|
$5.11
|
-2.74% |
970,075 54.59%
|
1,777,000
|
Most Recent Note for AEG - 8/18/2021 12:21:23 PM
Rebounded toward its 52-week high with recent volume-driven gains. Repeatedly noted with caution in prior mid-day reports - "This giant Netherlands-based insurance company has an erratic sales revenues and earnings history."
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
AMD
- NYSE - ELECTRONICS - Semiconductor - Broad Line
Advanced Micro Devices
|
$105.02 |
-2.54 -2.36%
|
$108.07
|
$122.49
|
-14.26% |
32,735,408 51.23%
|
63,903,000
|
Most Recent Note for AMD - 8/18/2021 12:23:20 PM
Slumping toward prior highs in the $99 area that define initial support above its 50 DMA line ($94). Extended from prior highs after a recent spurt of volume-driven gains. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. It went through a choppy consolidation since dropped from the Featured Stocks list on 2/22/21. Its current Relative Strength rating of 88 is back above the 80+ minimum guideline for buy candidates. Fundamentals remain strong after it reported Jun '21 quarterly earnings +250% on +99% sales revenues versus the year ago period.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
CSOD
- NASDAQ - Comp Sftwr-Spec Enterprs
Cornerstone Ondemand Inc
|
$56.62 |
-0.06 -0.11%
|
$56.72
|
$57.00
|
-0.67% |
893,435 130.62%
|
684,000
|
Most Recent Note for CSOD - 8/18/2021 12:25:04 PM
Gapped up on 8/06/21 following M&A news. Through Jun '21 its quarterly and annual earnings history has been strong.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
DHR
- NYSE - Medical-Diversified
Danaher Corp
|
$317.71 |
-3.24 -1.01%
|
$323.42
|
$321.31
|
-1.12% |
1,472,190 66.08%
|
2,228,000
|
Most Recent Note for DHR - 8/18/2021 12:30:32 PM
Very extended from any sound base and perched at its all-time high after an impressive streak of 11 consecutive gains backed by below average volume. Posted 10 consecutive weekly gains. Reported Jun '21 quarterly earnings +71% on +36% sales revenues versus the year ago period, its 5th strong comparison above the +25% minimum guideline (C criteria) and sales revenues growth has been strong. Annual earnings (A criteria) history has shown slow steady growth. Has a new CEO as of 9/01/20.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
DKS
- NYSE - SPECIALTY RETAIL - Sporting Goods Stores
Dicks Sporting Goods Inc
|
$107.22 |
+1.30
1.23%
|
$108.47
|
$112.09
|
-4.34% |
761,207 56.05%
|
1,358,000
|
Most Recent Note for DKS - 8/18/2021 12:33:01 PM
Extended from any sound base and perched near its 52-week high. Reported very strong Apr '21 quarterly results versus a loss for the year ago period. Jan '21 quarterly earnings +84% on +20% sales revenues versus the year ago period, marking a 3rd consecutive quarterly earnings comparison well above the +25% minimum guideline (C criteria). Annual earnings history has been improving since a downturn in FY '18.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
FN
- NYSE - ELECTRONICS - Specialized Electronics
Fabrinet
|
$97.53 |
+1.07
1.11%
|
$98.05
|
$97.04
|
0.50% |
62,945 50.36%
|
125,000
|
Most Recent Note for FN - 8/18/2021 12:35:09 PM
Abruptly rallied from below its 50 DMA line to hit a new all-time high with today's 2nd consecutive volume-driven gain. Reported earnings +36% on +26% sales revenues for the Jun '21 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has not been strong and steady.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
GLOB
- NYSE - Computer-Tech Services
Globant SA
|
$285.25 |
+0.07
0.02%
|
$288.27
|
$287.30
|
-0.71% |
124,991 55.06%
|
227,000
|
Most Recent Note for GLOB - 8/18/2021 12:35:37 PM
Hitting new all-time highs with today's 7th consecutive volume-driven gain. Reported Jun '21 quarterly earnings +96% on +67% sales revenues versus the year ago period, its 2nd strong comparison. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Formed a deep cup then rebounded and rallied impressively since dropped from the Featured Stocks list on 2/27/20. Completed a new Public Offering on 6/05/20.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
IMOS
- NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate
Chipmos Technologies Ltd
|
$39.21 |
+2.10
5.66%
|
$40.00
|
$42.83
|
-8.45% |
25,640 82.71%
|
31,000
|
Most Recent Note for IMOS - 8/18/2021 12:36:37 PM
Gapped up today after a pullback from its 52-week high tested its 50 DMA line ($36.84) with volume-driven losses. Reported strong Jun '21 quarterly earnings +147% on +36% sales revenues versus the year ago period, its 3rd strong quarter. This thinly-traded Taiwanese Electronics - Semiconductor Manufacturing firm's prior comparisons have been erratic, not strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) had a slight downturn in FY '20.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
ON
- NASDAQ - Elec-Semiconductor Mfg
O N Semiconductor Corp
|
$42.49 |
+0.51
1.20%
|
$42.93
|
$46.29
|
-8.22% |
2,947,396 51.42%
|
5,732,000
|
Most Recent Note for ON - 8/18/2021 12:39:10 PM
Slumped below prior highs in the $44 area, having stalled since hitting new all-time highs with a streak of volume-driven gains when last noted with caution in the 8/04/21 mid-day report - "Reported earnings +425% on +38% sales revenues for the Jun '21 quarter versus the year ago period, its 2nd strong quarterly comparison. Prior comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been up and down, not strong and steady."
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
TASK
- NASDAQ - Computer-Tech Services
Taskus Inc Class A
|
$45.90 |
+1.77
4.01%
|
$47.85
|
$44.79
|
2.48% |
793,380 120.39%
|
659,000
|
Most Recent Note for TASK - 8/18/2021 12:46:33 PM
Very extended from any sound base after recent volume driven gains. Limited history is a concern since it completed its $23 IPO on 6/11/21. Reported strong Jun '21 quarterly results.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
TGT
- NYSE - RETAIL - Discount, Variety Stores
Target Corporation
|
$250.84 |
-3.81 -1.50%
|
$255.79
|
$267.06
|
-6.07% |
5,075,892 178.98%
|
2,836,000
|
Most Recent Note for TGT - 8/18/2021 12:48:53 PM
Extended from any sound base, pulling back from its all-time high testing its 50 DMA line ($249) with higher volume behind recent losses indicative of distributional pressure. Reported Jul '21 quarterly earnings +8% on +10% sales revenues versus the year ago period, breaking a streak of 4 very strong comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) earnings growth has been strong since a downturn in FY '18.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
|
|
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.
We are 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 FactBasedInvesting.com c/o Premium
Member Services 665 S.E. 10 Street, Suite 201
Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.
We appreciate any feedback
members may wish to send via the inquiry form
here.
|
|
|