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, September 2, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - TUESDAY, SEPTEMBER 28TH, 2021
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -569.38 34,299.99 -1.63% Volume 985,635,458 +10% Volume 4,923,128,900 +7%
NASDAQ -423.29 14,546.68 -2.83% Advancers 627 20% Advancers 832 22%
S&P 500 -90.47 4,352.64 -2.04% Decliners 2,572 80% Decliners 2,981 78%
Russell 2000 -51.23 2,229.78 -2.25% 52 Wk Highs 77   52 Wk Highs 71  
S&P 600 +19.86 1,349.47 +1.49% 52 Wk Lows 77   52 Wk Lows 137  

Major Indices Slump in the Face of Greater Pressure

The Dow slumped 569 points, while the S&P 500 fell 2%, its biggest drop since May. The Nasdaq Composite shed 2.8% for its worst one-day performance since March. The volume totals reported were higher than the prior session on the NYSE and on the Nasdaq exchange, indicative of an increase in institutional selling pressure. Breadth clearly had a negative tilt as decliners led advancers by more than a 4-1 margin on the NYSE and more than 3-1 on the Nasdaq exchange. There were 50 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page versus the total of 53 on the prior session. New 52-week highs contracted and matched the new 52-week lows total on the NYSE, meanwhile new 52-week lows outnumbered new highs on the Nasdaq exchange. The major indices (M criteria) have seen their uptrend come under pressure, and further weakness may signal a more serious market correction.  Investors are reminded to always make buying and selling decisions on case-by-case basis under the strict criteria and rules of the fact-based investment system.

Chart courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index slumped back below its 50-day moving average (DMA) line with another damaging volume-driven loss.
 
U.S. stocks were broadly lower on Tuesday as a recent spike in Treasury yields incited a perceived “risk off” mood.  Investors also monitored developments in Washington, as Treasury Secretary Janet Yellen continued to urge lawmakers to raise the debt ceiling ahead of October 18, the projected date the U.S. could run out of cash.

The yield on the 10-year note rose five basis points to 1.54%, having surged 24 basis points since last week’s Federal Reserve meeting, during which officials set the stage to dial back pandemic-era asset purchases later this year. Meanwhile, the U.S. dollar jumped 0.4%, as investors bid up the perceived safe haven currency. The stronger greenback weighed on WTI crude, which reversed earlier gains. Still, oil prices are near their highest level since 2018 amid tight global supply conditions.

Ten of 11 S&P 500 sectors closed in negative territory, with Energy the lone advancer. Communication Services and Technology led the downturn, with each group falling at least 2.8%. Shares of tech-related companies lagged as higher rates pressured growth-oriented stocks. The oft-cited “FAANG” group tumbled 3%.

On the data front, the Conference Board’s gauge of U.S. consumer confidence dropped in September to a seven-month low of 109.3, though the prior reading was upwardly revised to 115.2 from 113.8. Separately, manufacturing activity in the Richmond Fed region unexpectedly contracted in September for the first time since May 2020.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. 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.


Energy-Linked Groups Rose as Tech, Retail, and Financials Fell

The Oil Services Index ($OSX +0.77%) and Integrated Oil Index ($XOI +0.54%) posted modest gains which made them standouts on Tuesday's widely negative session. The Gold & Silver Index ($XAU -0.12%) finished almost unchanged. Meanwhile, the tech sector clearly had a negative bias as the Semiconductor Index ($SOX -3.80%), Biotech Index ($BTK -2.56%), and Networking Index ($NWX -1.90%) suffered unanimous losses. The Retail Index ($RLX -2.36%) also weighed on the major averages along with financials as the Broker/Dealer Index ($XBD -2.14%) and Bank Index ($BKX -1.26%) both slumped. 
Chart courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -2.14%) fell back near its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  57.90 +0.44 +0.77% +30.61%
Integrated Oil $XOI  1,111.54 +5.92 +0.54% +40.26%
Semiconductor $SOX  3,314.39 -131.06 -3.80% +18.56%
Networking $NWX  822.05 -15.88 -1.90% +14.63%
Broker/Dealer $XBD  474.42 -10.39 -2.14% +25.64%
Retail $RLX  3,951.99 -95.64 -2.36% +10.91%
Gold & Silver $XAU  119.99 -0.15 -0.12% -16.78%
Bank $BKX  132.16 -1.69 -1.26% +34.98%
Biotech $BTK  5,688.68 -149.28 -2.56% -0.88%


Pullback After 5 Straight Gains into New High Territory

S V B Financial Group (SIVB -$20.41 or -3.03% to $654.00) pulled back today after 5 consecutive gains into new all-time high territory. Its color code was changed to green after rallying above its "max buy" level. Its 50-day moving average (DMA) line ($580) defies important near-term support to watch. 

Its Earnings Per Share Rating is 99. Recently it reported Jun '21 quarterly earnings +106% on +69% sales revenues versus the year ago period, its 4th strong comparison above the +25% minimum guideline (C criteria) of the fact-based investment system's guidelines. It has a great annual earnings history (A criteria).

SIVB completed new Public Offerings on 8/11/21 and on 3/24/21. It was last shown in this FSU section on 8/09/21 with an annotated graph under the headline, "Consolidating Near Prior Highs Facing Little Resistance". The number of top-rated funds owning its shares rose from 761 in Mar '17 to 1,836 in Jun '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It currently has a Timeliness rating of A and a Sponsorship Rating of A. There are only 56.4 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling.

Charts courtesy wwwstockcharts.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  
$654.00 -20.41
-3.03%

$676.72

379,575
97.08% of 50 DAV
50 DAV is 391,000
$653.54
0.07%
8/6/2021 $589.70 PP = $608.94
MB = $639.39
Most Recent Note - 9/28/2021 5:39:42 PM
G - Pulled back today after 5 consecutive gains into new all-time high territory. Prior highs in the $608 area define initial support to watch above its 50 DMA line ($580). Completed a new Public Offering on 8/11/21. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Pullback After 5 Straight Gains into New High Territory - 9/28/2021
 |  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 BLDR BLDR - NYSE
Builders Firstsource Inc
Bldg-Constr Prds/Misc  
$53.94 -0.96
-1.75%

$54.75

1,728,786
78.62% of 50 DAV
50 DAV is 2,199,000
$55.17
-2.23%
8/12/2021 $52.38 PP = $54.09
MB = $56.79
Most Recent Note - 9/28/2021 5:08:57 PM
Y - Still hovering near its all-time high, stubbornly holding its ground. Subsequent gains above the pivot point backed by at least +40% above average volume may clinch a proper technical buy signal. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Rebounding Near Prior High After Another Strong Quarter - 8/12/2021
 |  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 SNPS SNPS - NASDAQ
Synopsys Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$301.93 -11.47
-3.66%

$308.96

1,001,938
147.69% of 50 DAV
50 DAV is 678,400
$340.66
-11.37%
8/18/2021 $293.22 PP = $301.01
MB = $316.06
Most Recent Note - 9/28/2021 5:07:46 PM
G - Gapped down today violating its 50 DMA line ($309) with a volume-driven loss triggering a technical sell signal. Testing the prior high in the $300 area defining the next important near-term support. Only a rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Latest Earnings Report Missed the +25% Minimum Guideline - 8/18/2021
 |  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  
$150.63 -2.96
-1.93%

$153.10

1,117,001
79.00% of 50 DAV
50 DAV is 1,414,000
$163.18
-7.69%
6/14/2021 $112.64 PP = $110.01
MB = $115.51
Most Recent Note - 9/24/2021 12:13:17 PM
G - Perched near its all-time high today after 3 consecutive gains backed by lighter volume. It did not form any recent base of sufficient length. Important near-term support to watch is its 50 DMA line ($140.64) and prior low ($132.60).
>>> FEATURED STOCK ARTICLE : Wedging Higher and Very Extended From Any Sound Base - 8/16/2021
 |  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 DECK DECK - NYSE
Deckers Outdoor Corp
Apparel-Clothing Mfg  
$375.47 -7.02
-1.84%

$381.92

401,586
117.77% of 50 DAV
50 DAV is 341,000
$451.49
-16.84%
9/16/2021 $444.81 PP = $444.58
MB = $466.81
Most Recent Note - 9/24/2021 12:13:34 PM
G - Color code was changed to green after gapping down today and violating its 50 DMA line ($418.75) triggering a technical sell signal with a big volume-driven loss. It failed to produce the gain above the pivot point backed by at least +40% above average volume necessary to trigger a technical buy signal.
>>> FEATURED STOCK ARTICLE : Touched New High But Closed Below Pivot Point - 9/16/2021
 |  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 KFRC KFRC - NASDAQ
Kforce Inc
Comml Svcs-Staffing  
$61.56 -1.21
-1.93%

$62.75

66,302
57.65% of 50 DAV
50 DAV is 115,000
$64.38
-4.38%
9/10/2021 $59.53 PP = $64.48
MB = $67.70
Most Recent Note - 9/23/2021 12:11:21 PM
Y - Rebounding above its 50 DMA line with today's gain and its color code is changed to yellow. Highlighted in yellow with pivot point cited based on its 6/02/21 high plus 10 cents in the 9/10/21 mid-day report. Subsequent gains above its pivot point backed by at least +40% above average volume are needed to trigger a technical buy signal. Reported earnings +113% on +18% sales revenues for the Jun '21 quarter versus the year ago period, its 4th quarterly earnings increase above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been steady.
>>> FEATURED STOCK ARTICLE : Staffing Firm Still Faces Some Overhead Supply - 9/13/2021
 |  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  
$417.71 -14.76
-3.41%

$427.48

439,964
140.56% of 50 DAV
50 DAV is 313,000
$460.21
-9.23%
6/9/2021 $345.91 PP = $349.23
MB = $366.69
Most Recent Note - 9/27/2021 4:59:53 PM
G - Pulled back abruptly today with +103% above average volume after recently wedging to a new all-time high. Extended from any sound base. Its 50 DMA line and prior low in the $423 area define important near-term support to watch where violations may trigger technical sell signals.
>>> FEATURED STOCK ARTICLE : Wedging Higher With Gains Lacking Volume Conviction - 8/24/2021
 |  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 REGN REGN - NASDAQ
Regeneron Pharmaceutical
DRUGS - Biotechnology  
$605.00 -14.07
-2.27%

$617.71

1,222,577
165.21% of 50 DAV
50 DAV is 740,000
$686.62
-11.89%
8/20/2021 $669.82 PP = $664.74
MB = $697.98
Most Recent Note - 9/28/2021 5:03:30 PM
G - Color code is changed to green after slumping further below its 50 DMA line ($6310) with today's big loss on above average volume. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Regeneron Featured Hitting a New High - 8/20/2021
 |  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 GNRC GNRC - NYSE
Generac Hldgs Inc
Electrical-Power/Equipmt  
$425.34 -18.46
-4.16%

$438.34

584,807
84.27% of 50 DAV
50 DAV is 694,000
$466.92
-8.91%
8/30/2021 $449.36 PP = $457.10
MB = $479.96
Most Recent Note - 9/28/2021 4:57:11 PM
G - Color code is changed to green after slumping to close below its 50 DMA line ($428). A prompt rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Helps Outlook - 8/23/2021
 |  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 CAMT CAMT - NASDAQ
Camtek Ltd
ELECTRONICS - Scientific and Technical Instrum  
$42.40 -2.03
-4.57%

$43.94

169,576
101.54% of 50 DAV
50 DAV is 167,000
$46.01
-7.85%
8/4/2021 $39.67 PP = $40.57
MB = $42.60
Most Recent Note - 9/28/2021 4:44:07 PM
G - Volume was near average today as it pulled back and closed near its "max buy" level. Prior highs in the $40 area define support just above its 50 DMA line ($39.26) and prior low ($34.68 on 8/17/21) define important near-term support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Recent 50-Day Moving Average Violation Again Raised Concerns - 8/17/2021
 |  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 PKI PKI - NYSE
Perkinelmer Inc
ELECTRONICS - Scientific and Technical Instrum  
$173.81 -2.74
-1.55%

$174.67

831,064
111.55% of 50 DAV
50 DAV is 745,000
$192.00
-9.47%
8/18/2021 $181.07 PP = $188.50
MB = $197.93
Most Recent Note - 9/23/2021 12:22:53 PM
Y - Posting a 3rd consecutive gain and today it touched a new all-time high. Following a noted "3-weeks tight" base its color code was changed to yellow with new pivot point cited based on its 8/05/21 high plus 10 cents. Its 50 DMA line ($180) defines important near-term support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Stalled But Holding Ground After Recent "3 Weeks Tight" - 9/17/2021
 |  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 TRMB TRMB - NASDAQ
Trimble Inc
ELECTRONICS - Scientific and Technical Instrum  
$84.36 -2.27
-2.62%

$86.15

1,442,690
130.80% of 50 DAV
50 DAV is 1,103,000
$96.49
-12.57%
8/5/2021 $88.83 PP = $84.97
MB = $89.22
Most Recent Note - 9/24/2021 5:16:55 PM
G - Violated its 50 DMA line ($89.15) with volume-driven losses raising concerns and triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve. The next near-term support is prior highs in the $84 area. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Violation of 50-Day Moving Average Has Raised Concerns - 9/24/2021
 |  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 UMC UMC - NYSE
United Microelectrnc Adr
ELECTRONICS - Semiconductor - Integrated Cir  
$11.53 -0.37
-3.11%

$11.76

6,125,520
82.09% of 50 DAV
50 DAV is 7,462,000
$12.62
-8.64%
8/5/2021 $11.62 PP = $11.38
MB = $11.95
Most Recent Note - 9/27/2021 6:14:53 PM
Y - Quietly consolidating near its "max buy" level. Prior low in the $11.25 area defines initial support to watch above its 50 DMA line ($10.96). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-day Moving Average Near "Max Buy" Level - 9/27/2021
 |  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 ASML ASML - NASDAQ
A S M L Holding N.V. NY
ELECTRONICS - Semiconductor Equipment and Mate  
$780.17 -55.14
-6.60%

$799.34

2,380,861
341.10% of 50 DAV
50 DAV is 698,000
$895.93
-12.92%
5/25/2021 $669.59 PP = $675.75
MB = $709.54
Most Recent Note - 9/28/2021 12:33:19 PM
G - Retreating abruptly from its all-time high with a gap down and volume-driven loss today violating its 50 DMA line ($809.98), triggering a technical sell signal. Only a prompt rebound above the 50 DMA would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Semi Equipment Firm Extended From Any Sound Base - 8/11/2021
 |  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  
$105.25 -3.92
-3.59%

$107.77

582,493
93.50% of 50 DAV
50 DAV is 623,000
$109.64
-4.00%
9/20/2021 $101.21 PP = $108.82
MB = $114.26
Most Recent Note - 9/28/2021 5:42:35 PM
Y - Pulled back from its 52-week high with today's loss on average volume after a streak of 8 consecutive gains. Pivot point cited was based on its 4/27/21 high plus 10 cents. Subsequent gains above the pivot point backed by at least 40% above average volume may trigger a technical buy signal.
>>> FEATURED STOCK ARTICLE : Rallying Near High After Brief Consolidation Below 200 DMA Line - 9/20/2021
 |  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  
$123.65 -6.80
-5.21%

$130.65

1,254,154
193.84% of 50 DAV
50 DAV is 647,000
$135.99
-9.07%
8/4/2021 $125.33 PP = $126.51
MB = $132.84
Most Recent Note - 9/28/2021 4:37:48 PM
G - Abruptly retreated from its all-time high and fell back below prior highs in the $126 area raising concerns with today's big volume-driven loss. The 50 DMA line ($121) defines initial support to watch above recent lows in the $109 area.
>>> FEATURED STOCK ARTICLE : Hit New High and Rose Above its Max Buy Level - 9/23/2021
 |  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 AMRC AMRC - NYSE
Ameresco Inc Cl A
ENERGY - Alternative  
$61.76 -2.20
-3.44%

$63.01

194,319
70.66% of 50 DAV
50 DAV is 275,000
$75.88
-18.61%
9/2/2021 $70.97 PP = $70.33
MB = $73.85
Most Recent Note - 9/27/2021 4:42:14 PM
G - Posted a gain today with lighter volume. A rebound above the 50 DMA line ($66.81) is needed for its outlook to improve after damaging volume-driven losses raised concerns.
>>> FEATURED STOCK ARTICLE : Volume +55% Above Average Behind Gain for a New High - 9/2/2021
 |  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 CPRT CPRT - NASDAQ
Copart Inc
SPECIALTY RETAIL - Auto Dealerships  
$141.14 -5.57
-3.80%

$145.70

849,020
89.00% of 50 DAV
50 DAV is 954,000
$152.75
-7.60%
9/15/2021 $146.44 PP = $149.17
MB = $156.63
Most Recent Note - 9/28/2021 5:47:39 PM
G - Violated its 50 DMA line ($144) again with today's big loss on below average volume and its color code is changed to green. Reported earnings +51% on +42% sales revenues for the Jul '21 quarter versus the year ago period, its 3rd consecutive quarterly comparison above the +25% minimum guideline. Sequential comparisons show impressive acceleration in its sales revenues growth rate.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain Challenging High - 9/15/2021
 |  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  
$43.93 -2.03
-4.42%

$45.58

78,792
83.82% of 50 DAV
50 DAV is 94,000
$46.93
-6.39%
7/23/2021 $40.23 PP = $43.74
MB = $45.93
Most Recent Note - 9/28/2021 4:52:38 PM
Y - Suffered a big loss today on near average volume slumping toward its 50 DMA line ($43.27) which defines important near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Quietly Consolidating Near All-Time High - 9/14/2021
 |  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 POOL POOL - NASDAQ
Pool Corp
WHOLESALE - Basic Materials Wholesale  
$444.08 -11.68
-2.56%

$452.01

197,225
89.65% of 50 DAV
50 DAV is 220,000
$500.85
-11.33%
8/19/2021 $484.37 PP = $495.32
MB = $520.09
Most Recent Note - 9/27/2021 6:18:22 PM
G - With today's loss on higher (near average) volume it slumped further below its 50 DMA line ($477) which is now downward sloping. Recent damaging losses raised concerns. A rebound above the 50 DMA line is needed for its outlook to improve. After forming an advanced "3-weeks tight" base, it did not produce the subsequent gains above the pivot point backed by at least +40% above average volume needed to clinch a proper new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Touched New High With a Gain on Light Volume - 9/8/2021
 |  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  
$34.44 -0.69
-1.96%

$34.99

433,059
127.41% of 50 DAV
50 DAV is 339,900
$38.50
-10.55%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 9/24/2021 11:16:37 AM
G - Sputtering near its 50 DMA line ($35.81). Recent low ($33.55 on 9/20/21) defines important support where more damaging losses would raise greater concerns. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Still Lingering Below 50-Day Moving Average Line - 8/30/2021
 |  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 WDAY WDAY - NYSE
Workday Inc Cl A
Computer Sftwr-Enterprse  
$252.37 -11.41
-4.33%

$259.37

2,106,004
1,279.47% of 50 DAV
50 DAV is 164,600
$282.77
-10.75%
9/7/2021 $275.69 PP = $282.87
MB = $297.01
Most Recent Note - 9/28/2021 1:34:16 PM
Y - Gapped down today slumping toward its 50 DMA line ($250.73) which defines important near-term support. Faces resistance due to overhead supply up to the $278 level after trading in a tight range for the past month. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Gap Up and Recent Gains Challenge All-Time High - 9/7/2021
 |  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 CTLT CTLT - NYSE
Catalent Inc
DRUGS - Biotechnology  
$133.22 -3.17
-2.32%

$135.93

1,258,896
147.24% of 50 DAV
50 DAV is 855,000
$142.64
-6.60%
8/25/2021 $128.72 PP = $127.78
MB = $134.17
Most Recent Note - 9/28/2021 5:45:18 PM
G - Retreated from its all-time high with today's loss on above average volume while slumping below its "max buy" level. Prior highs in the $124-127 area define important support to watch along with its 50 DMA line ($127.62). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Strong Gain Triggered Technical Buy Signal - 8/25/2021
 |  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 SQ SQ - NYSE
Square Inc Cl A
Finance-CrdtCard/PmtPr  
$242.70 -15.41
-5.97%

$252.85

10,953,023
143.42% of 50 DAV
50 DAV is 7,637,000
$289.23
-16.09%
8/2/2021 $273.78 PP = $283.29
MB = $297.45
Most Recent Note - 9/28/2021 4:30:49 PM
G - Color code is changed to green after slumping back below its 50 DMA line ($261) and nearly testing its 200 DMA line ($240) with another damaging volume-driven loss. More damaging losses would raise serious concerns and trigger a worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Found Support at 200-Day and Climbed Above 50-Day Moving Average - 9/22/2021
 |  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 BLD BLD - NYSE
Topbuild Corp
Bldg-Constr Prds/Misc  
$209.76 -11.63
-5.25%

$222.27

334,386
128.26% of 50 DAV
50 DAV is 260,700
$235.50
-10.93%
9/9/2021 $227.02 PP = $229.89
MB = $241.38
Most Recent Note - 9/28/2021 4:35:13 PM
G - Color code is changed to green after today's damaging volume-driven loss violated its 50 DMA line ($215) triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve. Its Relative Strength rating has slumped to 73, well below the 80+ minimum for buy candidates.
>>> FEATURED STOCK ARTICLE : Close in Lower Half of Range Indicates Distributional Pressure - 9/9/2021
 |  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 SHOP SHOP - NYSE
Shopify Inc
Computer Sftwr-Enterprse  
$1,369.31 -74.50
-5.16%

$1,425.55

1,318,165
133.95% of 50 DAV
50 DAV is 984,100
$1,650.00
-17.01%
7/2/2021 $1,468.00 PP = $1,552.23
MB = $1,629.84
Most Recent Note - 9/28/2021 4:41:33 PM
Suffered a damaging volume-driven loss today undercutting the prior lows, raising more serious concerns. It will be dropped from the Featured Stocks lists tonight. A rebound above the 50 DMA line ($1,508) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Volume Cools While Consolidating Above 50-Day Moving Average - 8/31/2021
 |  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 MEDP MEDP - NASDAQ
Medpace Holdings Inc
Medical-Research Eqp/Svc  
$187.57 -3.46
-1.81%

$190.11

172,238
100.14% of 50 DAV
50 DAV is 172,000
$199.04
-5.76%
9/10/2021 $196.32 PP = $196.22
MB = $206.03
Most Recent Note - 9/27/2021 4:58:34 PM
Y - Retreating from its 52-week high with today's loss after 4 consecutive gains backed by light volume. Found prompt support near its 50 DMA line ($182.22). Highlighted in yellow with pivot point cited based on its 4/26/21 high plus 10 cents in the 9/10/21 mid-day report. Subsequent gains and strong close above the pivot point backed by at least +40% above average volume may trigger a technical buy signal.
>>> FEATURED STOCK ARTICLE : Negative Reversal Indicative of Distributional Pressure - 9/10/2021
 |  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  
$88.80 -3.63
-3.93%

$91.85

1,362,444
180.22% of 50 DAV
50 DAV is 756,000
$105.62
-15.93%
5/13/2021 $84.20 PP = $90.65
MB = $95.18
Most Recent Note - 9/28/2021 5:00:42 PM
Raised greater concerns with today's 3rd consecutive damaging volume-driven loss. A rebound above the 50 DMA line is needed for its outlook to improve. There was a noted "negative reversal" at the all-time high on 8/06/21. It will be dropped from the Featured Stocks list tonight..
>>> FEATURED STOCK ARTICLE : Important Test of 50-Day Moving Average Line - 8/19/2021
 |  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 JEF JEF - NYSE
Jefferies Financial Grp
Finance-Invest Bnk/Bkrs  
$37.51 -0.34
-0.90%

$38.54

1,791,153
115.78% of 50 DAV
50 DAV is 1,547,000
$37.85
-0.90%
6/28/2021 $31.81 PP = $34.42
MB = $36.14
Most Recent Note - 9/23/2021 5:17:18 PM
G - Challenging its all-time high after finding support near prior highs in the $34-35 range and above its 50 DMA line ($35.16).
>>> FEATURED STOCK ARTICLE : Quiet Gains for New High Closes - 8/10/2021
 |  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 DBX DBX - NASDAQ
Dropbox Inc Cl A
Computer Sftwr-Database  
$29.61 -1.46
-4.70%

$30.98

3,009,050
81.33% of 50 DAV
50 DAV is 3,700,000
$33.00
-10.27%
9/3/2021 $32.45 PP = $33.00
MB = $34.65
Most Recent Note - 9/28/2021 4:50:08 PM
G - Color code is changed to green after slumping back below its 50 DMA line with a more damaging loss below the prior low raising greater concerns and triggering a worrisome technical sell signal. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Volume Higher on 6th Consecutive Gain for Dropbox - 9/3/2021
 |  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 CLAR CLAR - NASDAQ
Clarus Corporation
Leisure-Products  
$26.92 -0.78
-2.82%

$27.70

103,116
67.84% of 50 DAV
50 DAV is 152,000
$32.36
-16.81%
5/12/2021 $21.40 PP = $19.73
MB = $20.72
Most Recent Note - 9/28/2021 5:40:51 PM
G - Still sputtering below its 50 DMA line ($27.74) which has acted as resistance. A rebound above the 50 DMA line is needed for its outlook to improve. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Fundamentals Strong and Finding Support at 50-Day Moving Average - 9/1/2021
 |  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 AVTR AVTR - NYSE
Avantor Inc
Medical-Research Eqp/Svc  
$40.40 -1.60
-3.81%

$41.58

8,873,441
249.32% of 50 DAV
50 DAV is 3,559,000
$44.37
-8.95%
6/10/2021 $32.94 PP = $34.09
MB = $35.79
Most Recent Note - 9/28/2021 12:36:01 PM
G - Gapped down today with another damaging loss nearly testing support at its 50 DMA line ($39.73). A violation may trigger a technical sell signal. Completed a Secondary Offering on 9/13/21 while perched at its all-time high, very extended from any sound base.
>>> FEATURED STOCK ARTICLE : Steady Progress Made Since Featured - 8/27/2021
 |  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 MIME MIME - NASDAQ
Mimecast Limited
Computer Sftwr-Security  
$64.11 -2.27
-3.42%

$65.50

485,053
47.23% of 50 DAV
50 DAV is 1,027,000
$71.45
-10.27%
8/2/2021 $56.12 PP = $59.58
MB = $62.56
Most Recent Note - 9/28/2021 5:12:16 PM
G - Volume totals have been cooling while consolidating above its 50 DMA line ($62.70) and prior highs in the $59 area defining near-term support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Consolidating After Getting Extended from Previous Base Noted - 9/21/2021
 |  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