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MIDDAY BREAKOUTS REPORT - MONDAY, AUGUST 19TH, 2024
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DOW 40851.96 192.2 (0.47%) | NASDAQ 17698.34 66.62 (0.38%) | S&P 500 5576.46 22.21 (0.40%)
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Time of Screening :
8/19/2024 11:54:17 AM Report Released :
8/19/2024 12:07:27 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...
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 |
ESEA
- NASDAQ - TRANSPORTATION - Shipping
Euroseas Ltd
|
$47.75 |
+3.54
8.01%
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$47.75
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$45.94
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3.94% |
49,272 153.98%
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32,000
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Most Recent Note for ESEA - 8/19/2024 11:56:06 AM
Rallied from its 200 DMA line in recent weeks and hitting another new 52-week high with today's big volume-driven gain adding to recent spurt higher. Reported Jun '24 quarterly earnings +18% on +23% sales revenues versus the year-ago period. Prior earnings and sales revenues growth history has not been a 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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FOUR
- NYSE - Finance-CrdtCard/PmtPr
Shift4 Payments
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$79.93 |
-1.56 -1.91%
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$81.82
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$92.30
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-13.40% |
868,003 58.41%
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1,486,000
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Most Recent Note for FOUR - 8/19/2024 11:58:05 AM
Consolidating within striking distance of its 52-week high following a streak of volume-driven gain. Three of the 4 latest quarterly comparisons through Jun '24 have shown strong sales revenues and earnings increases above the +25% minimum guideline (C criteria). Limited annual earnings history (A criteria) is a concern, but after a loss in FY '20 it showed great earnings growth in FY '21-23.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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MG
- NYSE - DIVERSIFIED SERVICES - Bulding and Faci;ity Management Services
Mistras Group Inc
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$11.65 |
+0.15
1.30%
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$11.69
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$12.00
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-2.92% |
62,312 61.70%
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101,000
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Most Recent Note for MG - 8/19/2024 11:59:35 AM
Today's 3rd consecutive gain with above-average volume has it poised for yet another new best-ever close. Prior mid-day reports cautioned members - "Reported greatly improved Jun '24 quarterly earnings results +320% on +8% sales revenues versus the year-ago period. Concerns remain, fundamentally, as its quarterly and annual earnings (C and A criteria) history is 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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NMM
- NYSE - TRANSPORTATION - Shipping
Navios Maritime Partners
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$47.23 |
+1.37
2.99%
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$47.51
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$53.83
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-12.26% |
117,059 76.51%
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153,000
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Most Recent Note for NMM - 8/19/2024 12:00:48 PM
Volume was above average as it recently pulled back below its 50 DMA line which may now act as resistance. Noted with caution in prior mid-day reports - "Quarterly comparisons through Mar '24 showed subpar sales revenues and earnings increases. Annual earnings (A criteria) history has been erratic."
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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PANW
- NYSE - Computer Sftwr-Security
Palo Alto Networks
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$340.45 |
+6.34
1.90%
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$344.48
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$380.84
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-10.61% |
1,787,039 63.73%
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2,804,000
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Most Recent Note for PANW - 8/19/2024 12:03:37 PM
Found prompt support near its 200 DMA line again recently and it is perched -10.6% off its all-time high. Faces some near-term resistance due to overhead supply up to the $380 level. Reported Apr '24 quarterly earnings +20% on +15% sales revenues versus the year-ago period. Found support at its 200 DMA line in recent months after last noted when dropped from the Featured Stocks list on 2/21/24.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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RACE
- NYSE - Auto Manufacturers
Ferrari NV
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$463.39 |
+3.69
0.80%
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$466.20
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$463.00
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0.08% |
150,053 62.78%
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239,000
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Most Recent Note for RACE - 8/19/2024 12:04:41 PM
Rallying today for new 52-week and all-time highs with a 6th consecutive gain. Found support when recently consolidating near its 50 DMA line ($421). Reported Jun '24 quarterly earnings +23% on +14% sales revenues versus the year ago period, its 2nd quarterly comparison below the +25% minimum earnings guideline (C criteria). Its annual earnings (A criteria) history has been strong after a downturn in FY '20.
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SEC |
News |
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A N
S L
I M
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TJX
- NYSE - RETAIL - Discount, Variety Stores
T J X Cos Inc
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$112.09 |
+0.64
0.57%
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$112.60
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$115.35
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-2.83% |
3,094,145 60.21%
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5,139,000
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Most Recent Note for TJX - 8/19/2024 12:06:17 PM
Found support near its 50 DMA line ($111) during the recent consolidation and it is perched just -2.8% off its all-time high. Reported Apr '24 quarterly earnings +22% on +6% sales revenues versus the year ago period. Prior quarterly earnings history has not been strong and steady above the fact-based investment system's +25% minimum guideline (C criteria).
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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WLFC
- NASDAQ - DIVERSIFIED SERVICES - Rental & Leasing Services
Willis Lease Financial
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$104.01 |
+4.41
4.43%
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$105.47
|
$103.08
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0.90% |
25,632 128.16%
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20,000
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Most Recent Note for WLFC - 8/19/2024 12:07:22 PM
Thinly-traded aircraft equipment leasing firm is hitting a new all-time high with today's 5th consecutive gain backed by ever-increasing volume. Reported earnings +207% on +39% sales revenues for the Jun '24 quarter. Prior history is 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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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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not endorse or recommend any securities or other investments.
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be suitable for all investors and it is not to be deemed
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