Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<Previous Mid Day Report     Next Mid Day Report >>> 
 <<<Previous After Market Report Next After Market Report >>> 
You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Monday, July 22, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - TUESDAY, MAY 4TH, 2021
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +19.80 34,133.03 +0.06% Volume 951,904,553 +7% Volume 5,806,089,100 +26%
NASDAQ -256.82 13,638.30 -1.85% Advancers 1,410 43% Advancers 1,198 30%
S&P 500 -28.00 4,164.66 -0.67% Decliners 1,850 57% Decliners 2,844 70%
Russell 2000 -29.17 2,248.29 -1.28% 52 Wk Highs 287   52 Wk Highs 135  
S&P 600 -6.55 1,354.41 -0.48% 52 Wk Lows 28   52 Wk Lows 106  



Bank and Oil Services Indexes Rose; Tech and Retail Fell

The Bank Index ($BKX +1.40%) posted a gain, meanwhile the Broker/Dealer Index ($XBD -0.93%) and Retail Index ($RLX -1.17%) both lost ground and weighed on the major indices.  The tech sector saw unanimous losses from the Biotech Index ($BTK -2.18%), Networking Index ($NWX -1.96%), and the Semiconductor Index ($SOX -1.60%). Commodity-linked groups were mixed as the Oil Services Index ($OSX +1.02%) rose while the Integrated Oil Index ($XOI -0.57%) and the Gold & Silver Index ($XAU -1.44%) both lost ground. 
Chart courtesy of www.stockcharts.com


PICTURED: The Integrated Oil Index ($XOI -0.57%) is consolidating above its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  55.07 +0.56 +1.02% +24.22%
Integrated Oil $XOI  1,043.24 -5.95 -0.57% +31.64%
Semiconductor $SOX  3,024.07 -49.31 -1.60% +8.18%
Networking $NWX  785.61 -15.67 -1.96% +9.55%
Broker/Dealer $XBD  457.02 -4.27 -0.93% +21.03%
Retail $RLX  3,905.73 -46.09 -1.17% +9.61%
Gold & Silver $XAU  146.58 -2.14 -1.44% +1.66%
Bank $BKX  129.28 +1.78 +1.40% +32.04%
Biotech $BTK  5,491.18 -122.39 -2.18% -4.32%


Relative Strength Fades With 5th Consecutive Loss

Dynatrace Inc (DT -$2.05 or -4.03% to $48.77) had higher (near average) volume behind today's 5th consecutive loss as it sank further below its 50-day moving average (DMA) line ($51.28) with damaging losses raising concerns. It will be dropped from the Featured Stocks list tonight. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a new (or add-on) technical buy signal. Recent lows in the $45 area define important near-term support to watch on pullbacks. Its Relative Strength Rating has slumped to 63, well below the 80+ minimum guideline for buy candidates.

Keep in mind it is due to report Mar '21 quarterly results on 5/12/21.  Volume and volatility often increase near earnings news. Fundamentals have been strong.  Dec '20 quarterly earnings rose +70% on +28% sales revenues versus the year ago period. It has a 97 Earnings Per Share Rating. DT was highlighted in yellow with pivot point cited based on its 9/02/20 high in the 2/04/21 mid-day report (read here). The high-ranked Computer Sftwr-Enterprse firm was last shown in this FSU section on 4/08/21 with an annotated graph under the headline, "Gap Up Rebounding Further Above 50-Day Moving Average".

DT 
completed its $16.00 IPO on 8/01/19 and Secondary Offerings on 12/06/19, 2/21/20, and 6/03/20. The number of top-rated funds owning its shares rose from 226 in Sep '19 to 829 in Mar '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume ratio of 0.8 is an unbiased indication its shares have encountered slight distributional pressure over the past 50 days. It has a B Timeliness rating and a B Sponsorship rating.

Chart courtesy of www.stockcharts.com

Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for SIVB SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$572.93 +8.30
1.47%

$573.51

487,817
86.95% of 50 DAV
50 DAV is 561,000
$586.78
-2.36%
4/23/2021 $579.70 PP = $577.16
MB = $606.02
Most Recent Note - 4/29/2021 5:57:46 PM
Y - Posted another small gain today with below average volume, wedging higher. Confirming volume-driven gains are needed to help clinch a convincing technical buy signal. Bullish action came after it reported earnings +293% on +64% sales revenues for the Mar '21 quarter versus the year ago period, its 3rd strong comparison. Completed a new Public Offering on 3/24/21.
>>> FEATURED STOCK ARTICLE : Hit New High But Closed Below Pivot Point - 4/23/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CROX CROX - NASDAQ
Crocs Inc
CONSUMER NON-DURABLES - Textile - Apparel Footwear  
$103.70 +5.57
5.68%

$104.00

2,066,838
153.21% of 50 DAV
50 DAV is 1,349,000
$102.85
0.83%
4/27/2021 $99.81 PP = $86.50
MB = $90.83
Most Recent Note - 5/4/2021 5:46:16 PM
G - Hit another new all-time high with today's volume-driven gain, getting very extended from the latest base. Prior highs in the $86 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Powerful "Breakaway Gap" for CROX - 4/27/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CRL CRL - NYSE
Charles River Labs Intl
DRUGS - Biotechnology  
$338.96 +7.01
2.11%

$343.47

652,947
216.93% of 50 DAV
50 DAV is 301,000
$337.48
0.44%
12/17/2020 $247.06 PP = $257.98
MB = $270.88
Most Recent Note - 5/4/2021 12:15:21 PM
G - Hitting another new all-time high with today's gain, extended from any sound base. Its 50 DMA line ($300) acted as support throughout its ongoing ascent. Reported Mar '21 quarterly earnings +38% on +17%v sales revenues versus the year ago period. Two of the past 3 quarterly comparisons have been above the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Perched at Record High After Rally From 50-Day Moving Average - 4/9/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CAMT CAMT - NASDAQ
Camtek Ltd
ELECTRONICS - Scientific and Technical Instrum  
$31.78 -1.88
-5.59%

$33.39

358,816
116.50% of 50 DAV
50 DAV is 308,000
$36.14
-12.06%
4/28/2021 $35.03 PP = $35.34
MB = $37.11
Most Recent Note - 5/4/2021 5:44:58 PM
Y - Volume was higher behind today's 4th consecutive loss, action indicative of distributional pressure. Subsequent gains and a strong close above the pivot point backed by at least +40% above average volume are needed to trigger a technical buy signal. Completed a new Public Offering on 11/19/20. Found prompt support near its 50 DMA line ($30.66) during recent consolidations. Reported earnings +267% on +90% sales revenues for the Mar '21 quarter versus the year ago period, its 3rd strong quarterly comparison well above the +25% minimum guideline and showing impressive sequential acceleration. This Israeli Electronics firm has a strong annual earnings (A criteria) history.
>>> FEATURED STOCK ARTICLE : Earnings Acceleration and Perched at High After Ascending Base - 4/28/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for BRKS BRKS - NASDAQ
Brooks Automation
ELECTRONICS - Semiconductor Equipment and Mate  
$92.51 -5.45
-5.56%

$96.06

1,116,417
148.66% of 50 DAV
50 DAV is 751,000
$108.72
-14.91%
4/5/2021 $99.31 PP = $91.88
MB = $96.47
Most Recent Note - 5/4/2021 5:41:59 PM
Y - Volume was above average behind today's 4th consecutive loss. Color code is changed to yellow while testing support near prior highs in the $91 area and its 50 DMA line ($89.92). More damaging losses would raise concerns and trigger technical sell signals.
>>> FEATURED STOCK ARTICLE : Extended From Base and Consolidating After Recent Rally - 4/30/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for ENTG ENTG - NASDAQ
Entegris Inc
ELECTRONICS - Semiconductor Equipment and Mate  
$108.89 -2.47
-2.22%

$111.61

1,259,587
136.04% of 50 DAV
50 DAV is 925,900
$126.41
-13.86%
4/1/2021 $118.42 PP = $110.37
MB = $115.89
Most Recent Note - 5/4/2021 5:50:12 PM
G - Color code is changed to green after a volume-driven loss today, slumping below the prior high in the $110 area and closing below its 50 DMA line ($109.54). Only a prompt rebound would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Negated Recent Breakout and Sputtering Near Prior High - 4/22/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for OPY OPY - NYSE
Oppenheimer Holdings Inc
FINANCIAL SERVICES - Investment Brokerage - Regiona  
$48.99 -1.76
-3.47%

$51.03

191,446
151.94% of 50 DAV
50 DAV is 126,000
$52.45
-6.60%
2/25/2021 $38.95 PP = $38.11
MB = $40.02
Most Recent Note - 5/4/2021 12:40:38 PM
G - Powered higher in recent weeks and it is very extended from any sound base. Bullish action came after it reported Mar '21 quarterly earnings +402% on +59% sales revenues versus the year ago period. Prior high in the $44 area defines initial support to watch above its 50 DMA line ($42.67).
>>> FEATURED STOCK ARTICLE : Negative Reversal After 7 Consecutive Gains - 4/20/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for LAD LAD - NYSE
Lithia Motors Inc Cl A
SPECIALTY RETAIL - Auto Dealerships  
$390.04 -0.18
-0.05%

$390.18

180,787
59.47% of 50 DAV
50 DAV is 304,000
$417.98
-6.68%
4/21/2021 $377.00 PP = $418.08
MB = $438.98
Most Recent Note - 5/4/2021 5:52:09 PM
Y - Volume totals have been cooling while consolidating in an orderly fashion near its 50 DMA line ($386). Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal.
>>> FEATURED STOCK ARTICLE : Building a Base With Rebound Above 50-Day Moving Average - 4/21/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CLFD CLFD - NASDAQ
Clearfield Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$36.09 +0.43
1.21%

$36.36

172,056
121.17% of 50 DAV
50 DAV is 142,000
$40.26
-10.36%
4/26/2021 $39.68 PP = $38.85
MB = $40.79
Most Recent Note - 5/3/2021 6:17:41 PM
Y - Posted a gain today, halting a streak of 4 consecutive losses. More damaging losses would raise greater concerns while it is sputtering back below the prior high. Fundamentals remain strong after it reported Mar '21 quarterly earnings +440% on +45% sales revenues versus the year ago period, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Rallied Straight Up From Bottom of 10-Week Base - 4/26/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for EDUC EDUC - NASDAQ
Educational Development
WHOLESALE - Basic Materials Wholesale  
$17.75 -0.07
-0.39%

$17.79

6,048
23.26% of 50 DAV
50 DAV is 26,000
$20.00
-11.25%
3/10/2021 $17.89 PP = $20.10
MB = $21.11
Most Recent Note - 5/4/2021 5:47:42 PM
Y - Volume totals have been cooling while consolidating above its 50 DMA line ($17.32) which defines important near-term support. Met stubborn resistance in the $19-20 area. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Finding Support During Consolidation Above 50-Day Moving Average - 4/16/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for SMPL SMPL - NASDAQ
Simply Good Foods Co
Food-Confectionery  
$33.86 -0.31
-0.91%

$34.02

240,946
34.13% of 50 DAV
50 DAV is 706,000
$35.34
-4.19%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 4/30/2021 5:41:18 PM
G - Perched at its all-time high with volume totals cooling. Reported Feb '21 quarterly earnings +9% on +2% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Found prompt support near its 50 DMA line ($31.66) but its current Relative Strength Rating is 79, one notch below the 80+ minimum guideline for buy candidates.
>>> FEATURED STOCK ARTICLE : Perched Near High But Fundamental Concerns Were Raised - 4/14/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for IBP IBP - NYSE
Installed Building Prod
DIVERSIFIED SERVICES - Business/Management Services  
$139.59 +1.94
1.41%

$139.82

232,789
104.39% of 50 DAV
50 DAV is 223,000
$137.96
1.18%
4/19/2021 $131.15 PP = $130.21
MB = $136.72
Most Recent Note - 4/29/2021 5:52:16 PM
Y - Hit a new all-time high with today's gain backed by higher (but below average) volume. A volume-driven gain and strong close above its pivot point on 4/23/21 helped clinch a convincing technical buy signal. Reported earnings +34% on +10% sales revenues for the Dec '20 quarter versus the year-ago period. Three of the past 4 consecutive quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong.
>>> FEATURED STOCK ARTICLE : Steady Streak of Gains Into New High Territory - 4/19/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for QRVO QRVO - NASDAQ
"Qorvo, Inc"
ELECTRONICS - Semiconductor - Integrated Cir  
$182.41 -2.13
-1.15%

$183.72

1,357,824
120.63% of 50 DAV
50 DAV is 1,125,600
$201.68
-9.55%
4/1/2021 $190.48 PP = $191.92
MB = $201.52
Most Recent Note - 4/30/2021 5:34:24 PM
Y - Gapped down today for a big volume-driven loss after again edging higher with gains backed by lighter than average volume. Its 50 DMA line ($182.72) acted as support when it stalled after recently wedging up to new highs from a 9-week base. Its Relative Strength Rating is 73, below the 80+ minimum for buy candidates. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Quiet Gain For Best Ever Close - 4/29/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for YETI YETI - NYSE
Yeti Holdings Inc
Leisure-Products  
$87.57 +0.40
0.46%

$88.20

1,257,612
98.33% of 50 DAV
50 DAV is 1,279,000
$89.70
-2.37%
4/6/2021 $76.95 PP = $79.42
MB = $83.39
Most Recent Note - 4/30/2021 5:42:45 PM
G - Pulled back today with higher volume after quietly hovering near its all-time high this week, extended from the latest base. Prior highs in the $80 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Hovering Near Record High Following Volume-Driven Gains - 5/3/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for DT DT - NYSE
Dynatrace Inc
Computer Sftwr-Enterprse  
$48.77 -2.05
-4.03%

$50.12

1,759,089
89.23% of 50 DAV
50 DAV is 1,971,400
$56.94
-14.35%
4/26/2021 $54.43 PP = $57.04
MB = $59.89
Most Recent Note - 5/4/2021 5:38:56 PM
Volume was higher (near average) behind today's 5th consecutive loss while sinking further below its 50 DMA line raising greater concerns. It will be dropped from the Featured Stocks list tonight. A rebound above the 50 DMA line and subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a new (or add-on) technical buy signal. Recent lows in the $45 area define important near-term support to watch on pullbacks. Its Relative Strength Rating is 63, well below the 80+ minimum guideline for buy candidates. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Relative Strength Fades With 5th Consecutive Loss - 5/4/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for MRBK MRBK - NASDAQ
Meridian Corp
Banks-Northeast  
$26.18 -0.14
-0.53%

$26.80

19,267
50.70% of 50 DAV
50 DAV is 38,000
$27.96
-6.37%
2/22/2021 $25.58 PP = $26.10
MB = $27.41
Most Recent Note - 4/29/2021 12:33:25 PM
Y - Consolidating above its 50 DMA line ($25.71) and perched within striking distance of its 52-week high. Reported Mar '21 earnings +323% on +93% sales revenues versus the year ago period, continuing its strong earnings track record. Recent low ($24.01 on 4/21/21) defines important near-term support where any violation may trigger a worrisome technical sell signal. Its Relative Strength Rating is right at the 80 minimum guideline.
>>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure - 4/12/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 

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. This site is 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 Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us