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AFTER MARKET UPDATE - MONDAY, OCTOBER 4TH, 2021
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Indices NYSE Nasdaq
DOW  -323.54 34,002.92 -0.94% Volume 1,001,250,732 +10% Volume 4,507,252,600 -3%
NASDAQ -311.21 14,255.48 -2.14% Advancers 1,172 36% Advancers 1,272 28%
S&P 500 -56.58 4,300.46 -1.30% Decliners 2,099 64% Decliners 3,202 72%
Russell 2000 -24.16 2,217.47 -1.08% 52 Wk Highs 116   52 Wk Highs 102  
S&P 600 -5.65 1,351.72 -0.42% 52 Wk Lows 96   52 Wk Lows 252  

TODAY'S SPECIAL NOTICE

The direction of the major averages (M) has shifted, and during a "market correction" greater caution is now warranted. 


Breadth Negative as Major Indices Suffer More Technical Damage

The S&P 500 lost 1.3%, ending below its 100-day moving average, a closely watched technical level. Today’s losses came on the heels of the broad benchmark’s biggest weekly decline since February (-2.2%). The Nasdaq Composite slumped 2.1%, while the Dow shed 323 points. The volume totals reported were mixed, higher than the prior session on the NYSE and lighter on the Nasdaq exchange. Breadth was negative as decliners led advancers by almost a 2-1 margin on the NYSE and by 8-3 on the Nasdaq exchange. There were 47 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page versus the total of 26 on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE but new lows outnumbered new highs on the Nasdaq exchange. The major indices (M criteria) have come under greater pressure and earned the label of a "market correction".  During corrections investors are reminded to avoid new buying decisions and to sell weakening stocks on a case-by-case basis, reducing exposure and raising cash as per the rules of the fact-based investment system.

Chart courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index is sinking toward its 200-day moving average (DMA) line.
 
U.S. stocks finished firmly lower on Monday as a recent back-up in Treasury yields continued to weigh on tech-related shares. Investors also eyed another jump in oil prices, with WTI crude rallying 2.3% to $77.62/barrel, its highest level since 2014, after OPEC+ maintained the current pace of its production increase despite concerns of a global energy supply crunch. Meanwhile, lawmakers in Washington grappled with a looming mid-month deadline to raise the U.S. debt ceiling.

Eight of 11 S&P 500 sectors closed in negative territory, with Energy, Utilities and Real Estate the only advancers. Growth-oriented Technology and Communication Services shares led decliners, with the oft-cited FAANG group shedding 3%. Notably, Apple (AAPL -2.46%) joined Facebook (FB -4.89%) and Amazon (AMZN -2.85%)  in correction territory, defined as a drawdown of more than 10% from its last record high, after the iPhone maker lost 2.7% during the session. Health Care stocks also lagged, with shares of Moderna (MRNA -4.47%) and other COVID-19 vaccine producers sliding after a study last week indicated Merck’s (MRK +2.15%) coronavirus drug was proven effective.

Treasuries declined, with the yield on the benchmark 10-year note up one basis point to 1.48%. On the data front, factory orders advanced a stronger-than-expected 1.2% in August, while, a final August reading on durable goods orders confirmed a 1.8% jump during the same period.

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.


Tech Slumps as Commodity-Linked Groups Rose

The Retail Index ($RLX -2.00%) and Broker/Dealer Index ($XBD -1.10%) both had a negative influence on the major averages while the Bank Index ($BKX -0.10%) was little changed. The tech sector had a negative bias as the Semiconductor Index ($SOX -2.49%), Networking Index ($NWX -1.64%), and Biotech Index ($BTK -1.92%) suffered unanimous losses.  Meanwhile, commodity-linked groups had a positive bias as the Oil Services Index ($OSX +2.79%) and Integrated Oil Index ($XOI +1.40%) both outpaced the Gold & Silver Index ($XAU +1.02%).   

Chart courtesy of www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX -2.49%) fell near its 200-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  60.07 +1.63 +2.79% +35.51%
Integrated Oil $XOI  1,148.77 +15.86 +1.40% +44.96%
Semiconductor $SOX  3,180.06 -81.13 -2.49% +13.76%
Networking $NWX  815.95 -13.61 -1.64% +13.78%
Broker/Dealer $XBD  469.75 -5.24 -1.10% +24.40%
Retail $RLX  3,819.29 -77.87 -2.00% +7.19%
Gold & Silver $XAU  119.64 +1.20 +1.02% -17.02%
Bank $BKX  133.21 -0.13 -0.10% +36.06%
Biotech $BTK  5,560.78 -108.84 -1.92% -3.11%


Streak of Losses Violated 50-day Moving Average Line

Crocs, Inc (CROX -$5.06 or -3.59% to $136.07) pulled back further from its all-time high with today's 7th consecutive loss adding to recent damage after violating important near-term support at its 50-day moving average (DMA) line ($143.65) late last week. A rebound above the 50 DMA line is needed for its outlook to improve. The prior low ($132.60) defines the next important support where more damaging losses would raise greater concerns and trigger a more worrisome sell signal.

CROX was highlighted in yellow in the 4/27/21 mid-day report (read herewith new pivot point cited based on its 3/15/21 high plus 10 cents. It was last shown in this FSU section on 8/16/21 with an annotated graph under the headline, "Wedging Higher and Very Extended From Any Sound Base". 

Bullish action came after it reported Jun '21 quarterly earnings +121% on +93% sales revenues versus the year ago period, its 4th strong quarterly comparison after some negative comparisons. Annual earnings (A criteria) growth has been strong and steady following losses in FY '15 and '16. CROX has the highest possible Earnings Per Share Rating of 99.

The high-ranked Apparel - Shoes & Rel Mfg firm saw the number of top-rated funds owning its shares rise from 438 in Jun '20 to 684 in Jun '21, a reassuring sign of institutional buying demand (I criteria). Its current Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days. Its Accumulation/Distribution Rating is B- and Timeliness Rating is A, and its Sponsorship Rating is B. Its small supply of only 62.4 million shares outstanding can contribute to greater volatility in the event of institutional buying or selling.

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  
$649.35 -15.18
-2.28%

$669.00

331,439
84.55% of 50 DAV
50 DAV is 392,000
$677.14
-4.10%
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  
$52.58 -0.38
-0.72%

$53.17

1,950,690
93.56% of 50 DAV
50 DAV is 2,085,000
$55.54
-5.33%
8/12/2021 $52.38 PP = $54.09
MB = $56.79
Most Recent Note - 10/1/2021 5:27:31 PM
Y - Sputtering after wedging to a new all-time high. Its 50 DMA line ($50.79) defines important near term support. Subsequent gains above the pivot point backed by at least +40% above average volume may clinch a proper technical buy signal. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Sputtering After Wedging to New Highs - 10/1/2021
 |  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 SNPS SNPS - NASDAQ
Synopsys Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$289.25 -13.24
-4.38%

$300.35

893,430
132.20% of 50 DAV
50 DAV is 675,800
$340.66
-15.09%
8/18/2021 $293.22 PP = $301.01
MB = $316.06
Most Recent Note - 10/4/2021 5:49:57 PM
Sank well below the prior high in the $300 area and its Relative Strength Rating has slumped to 73, well below the 80+ minimum guideline for buy candidates. A rebound above the 50 DMA line ($311) is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> 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  
$136.07 -5.06
-3.59%

$140.27

1,386,531
103.63% of 50 DAV
50 DAV is 1,338,000
$163.18
-16.61%
6/14/2021 $112.64 PP = $110.01
MB = $115.51
Most Recent Note - 10/4/2021 5:26:01 PM
G - Pulled back from its all-time high with 7 consecutive losses violating its 50 DMA line ($143). The prior low ($132.60) defines the next important support where a violation may raise more serious concerns and trigger a worrisome technical sell signal. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Streak of Losses Violated 50-day Moving Average Line - 10/4/2021
 |  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 KFRC KFRC - NASDAQ
Kforce Inc
Comml Svcs-Staffing  
$62.18 +0.64
1.04%

$62.46

87,023
76.34% of 50 DAV
50 DAV is 114,000
$64.38
-3.42%
9/10/2021 $59.53 PP = $64.48
MB = $67.70
Most Recent Note - 9/30/2021 5:27:29 PM
G - Slumped to close below its 50 DMA line ($59.96) with today's loss and its color code is changed to green. 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 
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 CRL CRL - NYSE
Charles River Labs Intl
DRUGS - Biotechnology  
$398.46 -18.23
-4.37%

$412.99

641,994
195.73% of 50 DAV
50 DAV is 328,000
$460.21
-13.42%
6/9/2021 $345.91 PP = $349.23
MB = $366.69
Most Recent Note - 10/4/2021 5:38:13 PM
Pulled back further today with +87% above average volume, encountering distributional pressure after recently wedging to a new all-time high. Violated its 50 DMA line ($425) and prior low in the $423 with recent losses triggering technical sell signals. A rebound above the 50 DMA line is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> 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 GNRC GNRC - NYSE
Generac Hldgs Inc
Electrical-Power/Equipmt  
$402.09 -2.86
-0.71%

$405.00

622,933
87.49% of 50 DAV
50 DAV is 712,000
$466.92
-13.88%
8/30/2021 $449.36 PP = $457.10
MB = $479.96
Most Recent Note - 9/29/2021 3:59:06 PM
G - Slumping further below its 50 DMA line ($428) with today's damaging volume-driven loss. 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  
$38.81 -2.00
-4.90%

$40.09

246,328
148.39% of 50 DAV
50 DAV is 166,000
$46.01
-15.65%
8/4/2021 $39.67 PP = $40.57
MB = $42.60
Most Recent Note - 10/4/2021 5:28:44 PM
G - Violated prior highs in the $40 area and sank below its 50 DMA line ($39.68) with today's volume-driven loss raising concerns and triggering a technical sell signal. Color code is changed to green. The prior low ($34.68 on 8/17/21) defines the next 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 
StockCharts.com Latest Chart for PKI PKI - NYSE
Perkinelmer Inc
ELECTRONICS - Scientific and Technical Instrum  
$171.09 -2.51
-1.45%

$174.26

560,720
75.16% of 50 DAV
50 DAV is 746,000
$192.00
-10.89%
8/18/2021 $181.07 PP = $188.50
MB = $197.93
Most Recent Note - 9/30/2021 5:30:59 PM
G - Met resistance last week near prior highs then slumped below its 50 DMA line ($182) and its color code is changed to green. A rebound above the 50 DMA line is needed for its outlook to improve. 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 UMC UMC - NYSE
United Microelectrnc Adr
ELECTRONICS - Semiconductor - Integrated Cir  
$10.69 -0.61
-5.40%

$11.00

9,547,170
131.12% of 50 DAV
50 DAV is 7,281,000
$12.62
-15.29%
8/5/2021 $11.62 PP = $11.38
MB = $11.95
Most Recent Note - 10/4/2021 5:44:17 PM
G - Today's big loss with higher volume raised concerns while violating its 50 DMA line ($11.15) triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> 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 
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 BRKS BRKS - NASDAQ
Brooks Automation
ELECTRONICS - Semiconductor Equipment and Mate  
$100.98 -2.38
-2.30%

$103.00

628,049
99.53% of 50 DAV
50 DAV is 631,000
$110.40
-8.53%
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 
StockCharts.com Latest Chart for ENTG ENTG - NASDAQ
Entegris Inc
ELECTRONICS - Semiconductor Equipment and Mate  
$120.15 -4.71
-3.77%

$124.46

990,002
143.06% of 50 DAV
50 DAV is 692,000
$135.99
-11.65%
8/4/2021 $125.33 PP = $126.51
MB = $132.84
Most Recent Note - 10/4/2021 5:41:12 PM
G - Violated its 50 DMA line ($121.75) wit today's volume driven loss triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve. Its prior low and 200 DMA line define the next important support 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 CPRT CPRT - NASDAQ
Copart Inc
SPECIALTY RETAIL - Auto Dealerships  
$136.57 -3.36
-2.40%

$140.23

1,054,379
109.25% of 50 DAV
50 DAV is 965,100
$152.75
-10.59%
9/15/2021 $146.44 PP = $149.17
MB = $156.63
Most Recent Note - 10/4/2021 5:34:05 PM
Slumped further below its 50 DMA line ($143.72) again with today's big loss on near average volume. Its Relative Strength rating has slumped to 71, below the 80+ minimum guideline for buy candidates. A rebound above the 50 DMA line is needed for its outlook to improve. It will be dropped from the Featured Stocks list tonight.
>>> 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  
$45.56 +0.48
1.06%

$46.10

122,924
133.61% of 50 DAV
50 DAV is 92,000
$46.93
-2.92%
7/23/2021 $40.23 PP = $43.74
MB = $45.93
Most Recent Note - 10/4/2021 5:30:43 PM
Y - Posted a 3rd consecutive gain today, staying above its 50 DMA line ($43.79) after testing the prior low ($42.34) where more damaging losses may trigger a technical sell signal. 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  
$435.92 -1.48
-0.34%

$438.95

326,111
157.39% of 50 DAV
50 DAV is 207,200
$500.85
-12.96%
8/19/2021 $484.37 PP = $495.32
MB = $520.09
Most Recent Note - 10/4/2021 5:46:19 PM
Recent damaging losses raised concerns. A rebound above the 50 DMA line ($475) is needed for its outlook to improve. Its Relative Strength rating has slumped to 73, below the 80+ minimum guideline for buy candidates. I will be dropped from the Featured Stocks list tonight.
>>> 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  
$35.33 -0.17
-0.48%

$35.81

209,661
63.38% of 50 DAV
50 DAV is 330,800
$38.50
-8.23%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 9/29/2021 5:12:12 PM
G - Posted a quiet gain today, rebounding near its 50 DMA line ($35.70) which recently has acted as resistance. 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  
$249.68 -4.87
-1.91%

$254.02

1,592,213
94.78% of 50 DAV
50 DAV is 1,679,900
$282.77
-11.70%
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  
$129.02 -2.91
-2.21%

$131.79

1,009,807
114.10% of 50 DAV
50 DAV is 885,000
$142.64
-9.55%
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 BLD BLD - NYSE
Topbuild Corp
Bldg-Constr Prds/Misc  
$208.42 +1.81
0.88%

$208.85

196,413
76.96% of 50 DAV
50 DAV is 255,200
$235.50
-11.50%
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 
StockCharts.com Latest Chart for MEDP MEDP - NASDAQ
Medpace Holdings Inc
Medical-Research Eqp/Svc  
$191.50 -4.13
-2.11%

$194.75

205,996
116.38% of 50 DAV
50 DAV is 177,000
$199.04
-3.79%
9/10/2021 $196.32 PP = $196.22
MB = $206.03
Most Recent Note - 10/1/2021 5:32:57 PM
Y - Rose near its 52-week high with today's 3rd consecutive gain. Found prompt support near its 50 DMA line ($182.97). 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 
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 JEF JEF - NYSE
Jefferies Financial Grp
Finance-Invest Bnk/Bkrs  
$37.95 +0.04
0.11%

$38.97

2,644,009
168.19% of 50 DAV
50 DAV is 1,572,000
$38.54
-1.53%
6/28/2021 $31.81 PP = $34.42
MB = $36.14
Most Recent Note - 10/1/2021 12:30:56 PM
G - Reported Aug '21 quarterly earnings +713% on +70% sales revenues versus the year ago period. Holding its ground stubbornly following a "negative reversal" on 9/28/21 after wedging to a new all-time high. Found support near prior highs in the $34-35 range and above its 50 DMA line ($35.69) during its recent consolidation.
>>> FEATURED STOCK ARTICLE : Perched at 52-week High With Earnings News Due - 9/29/2021
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StockCharts.com Latest Chart for DBX DBX - NASDAQ
Dropbox Inc Cl A
Computer Sftwr-Database  
$27.84 -1.60
-5.43%

$29.24

4,368,922
122.79% of 50 DAV
50 DAV is 3,557,900
$33.00
-15.64%
9/3/2021 $32.45 PP = $33.00
MB = $34.65
Most Recent Note - 10/4/2021 5:23:21 PM
Suffered another big volume-driven loss today and it will be dropped from the Featured Stocks list tonight. A rebound above the 50 DMA line ($31) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Volume Higher on 6th Consecutive Gain for Dropbox - 9/3/2021
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StockCharts.com Latest Chart for AVTR AVTR - NYSE
Avantor Inc
Medical-Research Eqp/Svc  
$40.28 -1.27
-3.06%

$41.25

4,379,251
115.06% of 50 DAV
50 DAV is 3,806,000
$44.37
-9.22%
6/10/2021 $32.94 PP = $34.09
MB = $35.79
Most Recent Note - 10/1/2021 12:04:55 PM
G - Finding support while testing support at its 50 DMA line ($39.97). A damaging 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
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StockCharts.com Latest Chart for MIME MIME - NASDAQ
Mimecast Limited
Computer Sftwr-Security  
$63.40 -1.66
-2.55%

$64.75

401,285
39.26% of 50 DAV
50 DAV is 1,022,000
$71.45
-11.27%
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
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