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 MIDDAY BREAKOUTS REPORT - WEDNESDAY, DECEMBER 13TH, 2023
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DOW 36577.79 -0.15 (0.00%) | NASDAQ 14542.65 9.25 (0.06%) | S&P 500 4647.74 4.04 (0.09%)
Time of Screening : 12/13/2023 12:37:53 PM         Report Released : 12/13/2023 1:02:56 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...

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
AMPH - NASDAQ
Amphastar Pharmaceuticals
$61.35 +2.71
4.62%
$62.15 367,750
95.03% of 50 DAV
50 DAV is 387,000
$67.66
-9.33%
12/4/2023 $60.84 PP = $58.35
MB = $61.27
Most Recent Note - 12/13/2023 12:39:53 PM
Y - On track today for a 3rd consecutive gain with ever-increasing volume and traded above the pivot point cited based on its 11/21/23 high after a cup-with-handle base. Little resistance remains due to overhead supply. A gain and strong close above the pivot point backed by at least +40% above average volume may trigger a proper new technical buy signal. Fundamentals remain strong.
>>> The latest Featured Stock Update with an annotated graph appeared on 12/4/2023. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M

Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AVGO - NASDAQ - ELECTRONICS - Semiconductor - Integrated Circuits
Broadcom Inc
$1,089.03 +16.75
1.56%
$1,099.78 $1,079.39 0.89% 3,426,795
116.20%
2,949,000
Most Recent Note for AVGO - 12/13/2023 12:40:44 PM
Found support above its 50 DMA line ($912) and rallying to new all-time highs with today's 5th consecutive volume-driven gain. Reported earnings +6% on +4% sales revenues for the Oct '23 quarter versus the year ago period, its 4th subpar quarter. Prior quarterly comparisons were above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has been strong.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CLS - NYSE - Elec-Contract Mfg
Celestica Inc
$27.60 +0.12
0.44%
$28.72 $28.39 -2.78% 1,935,962
97.24%
1,991,000
Most Recent Note for CLS - 12/13/2023 12:44:21 PM
Reversed into the red after an early gain today touched a new 52-week high. Found support above its 50 DMA line in recenrt weeks while encountering distributional pressure. Reported earnings +25% on +6% sales revenues for the Sep '23 quarter versus the year ago period, and 6 of the last 7 quarterly comparisons were at or above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong since bottoming in FY '19.
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CSWC - NASDAQ - FINANCIAL SERVICES - Closed-End Fund - Equity
Capital Southwest Corp
$23.47 +0.05
0.20%
$23.49 $23.43 0.16% 250,335
75.18%
333,000
Most Recent Note for CSWC - 12/13/2023 12:45:34 PM
Hitting new 52-week highs with this week's gains but faces old overhead supply up to the $28 level. Reported Mar, Jun, and Sep '23 quarterly earnings increases above the +25% minimum guideline (C criteria) following 3 subpar quarterly comparisons. Annual earnings growth has been strong since turning profitable in FY '17.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ELTK - NASDAQ - ELECTRONICS - Printed Circuit Boards
Eltek Ltd
$15.60 +1.35
9.47%
$15.87 $15.53 0.45% 77,435
112.22%
69,000
Most Recent Note for ELTK - 12/13/2023 12:47:58 PM
Israel-based maker of circuit boards is spiking to yet another new 52-week high with today's considerable volume-driven gain, extended from any sound base. Reported Sep '23 quarterly earnings +112% on +15% sales revenues versus the year-ago period. Prior highs in the $11 area define important near-term support coinciding with its 50 DMA line. Earnings increases in the 3 latest quarterly comparisons were above the +25% minimum guideline (C criteria) but fundamental concerns remain after a downturn in FY '22 earnings (A criteria).
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HOV - NYSE - MATERIALS & CONSTRUCTION - Residential Construction
Hovnanian Enterprises A
$135.03 -4.94
-3.53%
$141.75 $144.57 -6.60% 73,898
104.08%
71,000
Most Recent Note for HOV - 12/13/2023 12:49:45 PM
Hovering near multi-year highs following 9 consecutive volume-driven gains, an impressive spurt. Fundamental concerns remain as its quarterly and annual earnings history (C and A criteria) are not a match with the fact-based investment system's guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
INFA - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services
Informatica Corp
$28.74 +0.56
1.99%
$28.79 $28.23 1.81% 925,247
163.76%
565,000
Most Recent Note for INFA - 12/13/2023 12:50:44 PM
Hitting a new 52-week high with today's 4th consecutive volume-driven gain. Prior mid-day reports noted - "No resistance remaining due to overhead supply. Reported Sep '23 quarterly earnings +50% on +10% sales revenues versus the year-ago period. Prior quarterly comparisons were subpar and fundamental concerns remain."
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LIN - NYSE - Chemicals-Specialty
Linde Plc
$408.04 -18.68
-4.38%
$414.17 $434.21 -6.03% 1,515,954
90.78%
1,670,000
Most Recent Note for LIN - 12/13/2023 12:51:33 PM
This UK-based Chemicals - Specialty firm gapped down today promptly negating the prior gap up gain after hitting a new all-time high. Through Sep '23 its 8 latest quarterly earnings comparisons versus the year ago periods were below the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been steady.
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NEU - NYSE - CHEMICALS - Specialty Chemicals
Newmarket Corporation
$551.34 +6.18
1.13%
$553.11 $556.77 -0.98% 30,963
86.01%
36,000
Most Recent Note for NEU - 12/13/2023 12:52:21 PM
The Chemicals - Specialty firm has stubbornly held its ground while steadily inching to new all-time highs. Prior mid-day reports noted - "Reported Sep '23 quarterly earnings +84% on -4% sales revenues versus the year-ago period. Recent quarterly comparisons show very strong earnings increases but with subpar and waning sales revenues leaving fundamental concerns. Its annual earnings (A criteria) history had a big downturn in FY '21."
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NHC - AMEX - HEALTH SERVICES - Long-Term Care Facilities
National Healthcare Corp
$90.31 -0.16
-0.18%
$90.87 $91.00 -0.76% 57,458
94.19%
61,000
Most Recent Note for NHC - 12/13/2023 12:54:14 PM
Hitting new multi-year highs with today's gain adding to a streak of volume-driven gains. Stubbornly held its ground since noted in prior mid-day reports - "The Jun and Sep '23 quarterly comparisons showed very strong earnings increases however sales revenues growth has been lackluster. Prior quarterly and its annual earnings history (C and A criteria) has been up and down."
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PAM - NYSE - TRANSPORTATION - Trucking
Pampa Energia Sa Adr
$48.92 -0.08
-0.16%
$49.25 $49.31 -0.79% 180,295
82.70%
218,000
Most Recent Note for PAM - 12/13/2023 12:55:13 PM
Inching to a new 52-week high with this week's volume-driven gains following a recently noted spurt from below its 50 and 200 DMA lines. This Argentine utility firm's quarterly earnings through Sep '23 and annual earnings (C and A criteria) history has been erratic while sales revenues growth has been subpar.
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PGTI - NASDAQ - Bldg-Constr Prds/Misc
P G T Inc
$33.98 +0.73
2.18%
$35.69 $33.92 0.16% 1,069,571
241.44%
443,000
Most Recent Note for PGTI - 12/13/2023 12:58:23 PM
Erased much of its early gain after it hit a new all-time high with today's 5th consecutive gain backed by ever-increasing volume. Found support near prior highs and above its 50 DMA line ($31.09). Noted with caution in prior mid-day reports - "Built an orderly flat base on base since gapping up on 10/10/23. Reported earnings +20% on +4% sales revenues for the Sep '23 quarter versus the year-ago period. Fundamental concerns remain. Its annual earnings history included a downturn in FY '19, not a great match with the fact-based investment system's guidelines (A criteria). Completed a new Public Offering on 9/13/18."
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SUN - NYSE - ENERGY - Oil & Gas Refining & Marketing
Sunoco LP
$53.10 -0.08
-0.15%
$53.17 $55.80 -4.84% 274,072
75.92%
361,000
Most Recent Note for SUN - 12/13/2023 1:01:36 PM
Hovering near its 52-week high, consolidating above its 50 DMA line and recent lows in the $52 area that define near-term support. Reported strong Sep '23 quarterly earnings versus the year-ago period, however sales revenues have been waning in the 3 latest quarterly comparisons and its prior earnings history is below the fact-based system's guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TIPT - NASDAQ - Financial Svcs-Specialty
Tiptree Financial Cl A
$18.87 +0.05
0.27%
$19.00 $19.00 -0.68% 62,120
115.04%
54,000
Most Recent Note for TIPT - 12/13/2023 1:02:34 PM
Hovering near its 52-week high with today's small gain backed by above average volume. Faces no resistance due to overhead supply. Reported Sep '23 earnings +21% on +15% sales revenues versus the year ago period and fundamental concerns remain as 3 of the 4 latest quarterly comparisons were below the +25% minimum earnings guideline (C criteria).
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
YALA - NYSE - INTERNET - Content
Yalla Group Ltd Ads
$6.00 +0.00
0.04%
$6.09 $6.44 -6.80% 276,163
94.58%
292,000
Most Recent Note for YALA - 12/13/2023 1:02:51 PM
Hovering near its 52-week high after volume-driven gains in recent weeks. Made slow progress for new multi-year highs. Fundamental concerns remain for this United Arab Emirates-based social networking and entertainment firm.
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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. 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.

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