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MIDDAY BREAKOUTS REPORT - WEDNESDAY, SEPTEMBER 5TH, 2018
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DOW 25970.19 17.71 (0.07%) | NASDAQ 8010.83 -80.42 (-0.99%) | S&P 500 2885.96 -10.76 (-0.37%)
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Time of Screening :
9/5/2018 12:14:06 PM Report Released :
9/5/2018 12:42:16 PM Price is:
Above 52W High and Less Than 52W High
but within 15% of the 52 Week High Volume Is:
At least 75% 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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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 |
FIVE
- NASDAQ
Five Below Inc
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$114.21
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-5.42 -4.53%
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$118.12
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887,681 113.08% of 50 DAV
50 DAV is 785,000
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$119.70 -4.59%
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7/6/2018 |
$98.90
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PP = $104.09 MB = $109.29 |
Most Recent Note - 9/5/2018 12:22:08 PM
G - Retreating from its all-time high with today's big volume-driven loss. Prior highs and its 50 DMA line ($104.56) define near-term support to watch on pullbacks. Due to report Jul '18 quarterly results after the close on Thursday, September 6th. Volume and volatility often increase near earnings news.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/16/2018. Click here.
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A N
S L
I M
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HQY
- NASDAQ
HealthEquity, Inc
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$96.62
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+2.15
2.28%
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$97.94
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556,076 142.95% of 50 DAV
50 DAV is 389,000
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$96.29 0.34%
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8/13/2018 |
$82.39
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PP = $83.44 MB = $87.61 |
Most Recent Note - 9/5/2018 12:24:21 PM
G - Hitting yet another new all-time high with today's volume-driven gain. Getting more extended from prior highs in the $82-83 area defining support along with its 50 DMA line ($82.63).
>>> The latest Featured Stock Update with an annotated graph appeared on 7/25/2018. Click here.
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A N
S L
I M
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NOW
- NYSE
Servicenow Inc
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$190.61
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-9.65 -4.82%
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$200.00
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1,359,512 80.97% of 50 DAV
50 DAV is 1,679,000
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$201.00 -5.17%
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8/24/2018 |
$193.83
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PP = $194.91 MB = $204.66 |
Most Recent Note - 9/5/2018 12:34:01 PM
Y - Retreating from its 52-week high with today's big loss on higher volume. The 8/29/18 gain above the pivot point backed by +77% above average volume clinched a new (or add-on) technical buy signal. The recent low ($174) defines the next important near-term support. Fundamentals remain strong.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/17/2018. Click here.
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TEAM
- NASDAQ
Atlassian Corp Plc
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$87.87
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-4.03 -4.39%
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$92.26
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1,120,696 91.26% of 50 DAV
50 DAV is 1,228,000
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$92.24 -4.74%
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7/27/2018 |
$73.73
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PP = $68.85 MB = $72.29 |
Most Recent Note - 9/5/2018 12:37:41 PM
G - Extended from any sound base, well above its 50 DMA line ($73.63) which defines near-term support. Fundamentals through Jun '18 have been strong.
>>> The latest Featured Stock Update with an annotated graph appeared on 7/30/2018. Click here.
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Symbol - Exchange - Industry Group Company Name |
Last |
Chg |
Day High |
52 WK Hi |
% From Hi |
Volume % DAV |
DAV |
ADBE
- NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Adobe Systems Inc
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$257.86 |
-8.82 -3.31%
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$266.16
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$269.96
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-4.48% |
2,168,355 85.07%
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2,549,000
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Most Recent Note for ADBE - 9/5/2018 12:17:04 PM
Retreating from its all-time high, slumping toward its 50 DMA line ($253). Wedged higher with gains lacking volume conviction since noted with caution in the 6/22/18 mid-day report - "Reported May '18 quarterly earnings +63% on +24% sales revenues. Reported strong quarterly earnings increases well above the +25% minimum guideline (C criteria) with solid sales revenues growth, however, its annual earnings history (A criteria) included a downturn in FY '13 and '14, a flaw in regard to the fact-based investment system's fundamental guidelines."
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AMZN
- NASDAQ - INTERNET - Internet Software & Services
Amazon.com Inc
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$2,005.64 |
-33.87 -1.66%
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$2,040.38
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$2,050.50
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-2.19% |
4,386,533 97.26%
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4,510,000
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Most Recent Note for AMZN - 9/5/2018 12:18:10 PM
Perched at its all-time high following 7 consecutive gains, very extended from any sound base. Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Annual earnings growth has been strong since FY '15 after an erratic history.
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BGSF
- AMEX - Comml Svcs-Staffing
B G Staffing Inc
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$26.63 |
-0.49 -1.80%
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$27.38
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$29.59
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-9.99% |
96,031 77.44%
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124,000
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Most Recent Note for BGSF - 9/5/2018 12:18:56 PM
Found prompt support and rebounded after violating its 50 DMA line with a damaging volume-driven loss. Completed a new Public Offering on 5/25/18. Reported earnings +116% on +3% sales revenues for the Jun '18 quarter, its 2nd strong quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria) and its annual earnings (A criteria) growth has not been strong and steady. Completed a new Public Offering on 5/27/16.
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CVGW
- NASDAQ - FOOD & BEVERAGE - Farm Products
Calavo Growers Inc
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$103.31 |
-0.75 -0.72%
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$103.80
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$107.53
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-3.93% |
113,352 98.57%
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115,000
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Most Recent Note for CVGW - 9/5/2018 12:21:03 PM
Pulling back from its all-time high, testing its 50 DMA line ($97.64) earlier with today's volume-driven loss. Reported earnings +72% on -2% sales revenues for the quarter ended July 31, 2018 versus the year ago period. Fundamental concerns remain. Quarterly sales revenues and earnings history has not been steady, and its up and down annual earnings (A criteria) history is a concern. Increasing ownership by top-rated funds (I criteria) is a reassuring sign.
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HDS
- NASDAQ - Bldg-Constr Prds/Misc
H D Supply Holdings Inc
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$44.49 |
-0.53 -1.18%
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$46.05
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$46.29
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-3.89% |
1,690,770 133.13%
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1,270,000
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Most Recent Note for HDS - 9/5/2018 12:23:26 PM
Pulling back today and recently sputtering at multi-year highs. Reported earnings +90% on +18% sales revenues for the Jul '18 quarter, its 5th consecutive comparison with earnings above the +25% minimum guideline (C criteria) and with encouraging acceleration in its sequential sales revenues growth rate. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines. Completed a Secondary Offering on 7/23/15.
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IDTI
- NASDAQ - ELECTRONICS - Semiconductor - Broad Line
Integrated Device Tech
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$43.34 |
+0.34
0.79%
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$43.46
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$43.54
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-0.46% |
1,775,102 129.66%
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1,369,000
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Most Recent Note for IDTI - 9/5/2018 12:25:39 PM
Holding its ground stubbornly and rising after a gap up for a considerable volume-driven gain on 8/31/18 hitting new multi-year highs. Noted in prior mid-day reports - "Reported earnings +33% on +16% sales revenues for the Jun '18 quarter. its 2nd earnings increase above the +25% minimum guideline (C criteria) of the fact-based investment system. Annual earnings history has been strong."
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INGN
- NASDAQ - HEALTH SERVICES - Medical Instruments & Supplies
Inogen, Inc
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$256.73 |
-8.21 -3.10%
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$264.87
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$266.58
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-3.69% |
152,951 75.72%
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202,000
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Most Recent Note for INGN - 9/5/2018 12:25:57 PM
Perched near its all-time high, very extended from any sound base pattern. Reported earnings +71% on +52% sales revenues for the Jun '18 quarter. Encouraging sales revenues acceleration in recent quarterly comparisons as earnings came in near or well above the +25% minimum earnings guideline (C criteria). Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead.
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KFY
- NYSE - DIVERSIFIED SERVICES - Staffing & Outsourcing Service
Korn Ferry International
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$64.37 |
-1.74 -2.63%
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$65.82
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$68.98
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-6.68% |
332,144 79.84%
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416,000
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Most Recent Note for KFY - 9/5/2018 12:28:35 PM
Slumping below its 50 DMA line ($65.48) today with a big volume driven loss. Due to report earnings news after the market close on Thursday, September 6th, and volume and volatility often increase near earnings news. Prior the mid-day reports cautioned members - "Earnings increases in Jan and Apr '18 quarter were above the +25% minimum guideline (C criteria). Prior quarters were not strong and steady. Annual earnings (A criteria) history has been improving after a downturn in FY '12-13."
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MBUU
- NASDAQ - Leisure-Products
Malibu Boats Inc Cl A
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$48.58 |
+0.06
0.12%
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$48.91
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$49.85
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-2.55% |
134,935 107.95%
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125,000
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Most Recent Note for MBUU - 9/5/2018 12:29:44 PM
Perched at its all-time high today following a streak of gains marked by volume. Noted with caution in prior mid-day reports - "Bullish action came after it reported earnings +82% on +82% sales revenues for the Mar '18 quarter, marking the 3rd quarterly comparison well above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) included a downturn in FY '15. Completed a new Public Offering on 8/09/17."
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MEDP
- NASDAQ - Medical-Research Eqp/Svc
Medpace Holdings Inc
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$59.83 |
-1.49 -2.43%
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$61.73
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$63.97
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-6.47% |
498,904 78.32%
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637,000
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Most Recent Note for MEDP - 9/5/2018 12:30:10 PM
Consolidating since its gapped up on 7/31/18 hitting a new all-time high, and it proposed yet another Secondary Offering on 8/07/18. Completed Secondary Offerings on 6/12/18, 5/04/18, and 12/01/17. Reported earnings +61% on +60% sales revenues for the Jun '18 quarter, its 2nd strong comparison. Prior earnings comparisons have not been strong and steady above the +25% minimum earnings guideline (C criteria).
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MHH
- AMEX - Comml Svcs-Staffing
Mastech Holdings Inc
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$11.25 |
+0.48
4.46%
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$11.48
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$11.20
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0.45% |
26,384 77.60%
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34,000
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Most Recent Note for MHH - 9/5/2018 12:32:46 PM
Hitting another new 52-week high today. A 2:1 share split was effective 8/27/18. Reported earnings +75% on +28% sales revenues for the Jun '18 quarter, its 3rd strong quarter, but fundamental concerns remain. This thinly traded Commercial Services - Staffing firm's annual earnings history (A criteria) is not a match with the fact-based investment system's winning models.
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RHI
- NYSE - DIVERSIFIED SERVICES - Staffing & Outsourcing Service
Robert Half Intl Inc
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$74.53 |
-4.25 -5.39%
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$76.88
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$79.91
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-6.73% |
1,006,413 89.46%
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1,125,000
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Most Recent Note for RHI - 9/5/2018 12:35:10 PM
Gapped down today, retreating from its all-time high with a big loss on above average volume. Last noted with caution in the 7/25/18 mid-day report - "Reported earnings +39% on +11% sales revenues for the Jun '18 quarter, its 2nd consecutive quarterly comparison with earnings above the +25% minimum guideline (C criteria), but fundamental concerns remain. Annual earnings (A criteria) history has not been strong and steady."
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SSNC
- NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
S S & C Technologies
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$55.54 |
-3.46 -5.86%
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$58.41
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$60.97
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-8.91% |
1,218,844 106.73%
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1,142,000
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Most Recent Note for SSNC - 9/5/2018 12:36:26 PM
Gapped down today, retreating from its all-time high. Last noted with caution in the 8/03/18 mid-day report - "Reported earnings +35% on +118% sales revenues for the Jun '18 quarter but fundamental concerns remain. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Completed new Public Offerings on 4/03/18 and on 6/19/15."
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TTD
- NASDAQ - Comml Svcs-Advertising
The Trade Desk Inc Cl A
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$139.17 |
-7.53 -5.13%
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$147.50
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$147.42
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-5.60% |
926,181 90.18%
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1,027,000
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Most Recent Note for TTD - 9/5/2018 12:39:26 PM
It has been holding its ground stubbornly and hitting new 52-week highs with additional gains following a big "breakaway gap" on 8/10/18. Prior mid-day reports cautioned members - "Reported earnings +15% on +54% sales revenues for the Jun '18 quarter, below the +25% minimum guideline (C criteria). Prior quarterly earnings comparisons were much stronger. Limited history is a concern. Rallied considerably and completed Secondary Offerings on 2/28/17 and 5/24/17 since its Sep '16 IPO at $18."
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UBNT
- NASDAQ - TELECOMMUNICATIONS - Diversified Communication Serv
Ubiquiti Networks Inc
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$89.71 |
-0.06 -0.07%
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$90.75
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$91.00
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-1.42% |
271,816 82.62%
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329,000
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Most Recent Note for UBNT - 9/5/2018 12:40:21 PM
No resistance remains due to overhead supply and it is perched at its 52-week high. Reported earnings +35% on +18% sales revenues for the Jun '18 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria), and fundamental concerns remain. It was dropped from the Featured Stocks list on 5/04/12.
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VEEV
- NYSE - Computer Sftwr-Medical
Veeva Systems Inc Cl A
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$100.07 |
-4.18 -4.01%
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$103.68
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$105.04
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-4.73% |
1,034,006 104.02%
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994,000
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Most Recent Note for VEEV - 9/5/2018 12:41:38 PM
Pulling back from its 52-week high, yet it remains very extended from any sound base after an impressive streak of gains marked by volume. Reported earnings +63% on +25% sales revenues for the Jul '18 quarter, its 2nd strong quarter. Prior quarterly earnings were not strong and steady above the +25% minimum guideline (C criteria). Progress has been choppy since dropped from the Featured Stocks list on 9/21/17.
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WMS
- NYSE - Bldg-Constr Prds/Misc
Advanced Drainage Systems Corp
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$31.70 |
+0.15
0.48%
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$31.85
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$33.50
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-5.37% |
366,568 142.63%
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257,000
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Most Recent Note for WMS - 9/5/2018 12:42:10 PM
Perched near its 52-week high, recently encountering distributional pressure. Fundamental concerns remain.
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THESE ARE NOT BUY RECOMMENDATIONS!
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