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 MIDDAY BREAKOUTS REPORT - FRIDAY, JANUARY 7TH, 2022
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DOW 36318.2 81.73 (0.23%) | NASDAQ 15004.98 -75.89 (-0.50%) | S&P 500 4693.51 -2.54 (-0.05%)
Time of Screening : 1/7/2022 12:22:35 PM         Report Released : 1/7/2022 12:42:59 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
UMC - NYSE
United Microelectrnc Adr
$11.03 -0.49
-4.21%
$11.43 6,063,438
80.52% of 50 DAV
50 DAV is 7,530,000
$12.68
-13.05%
12/1/2021 $12.60 PP = $12.72
MB = $13.36
Most Recent Note - 1/7/2022 12:42:31 PM
G - Slumping below its 50 DMA line ($11.36) today testing recent lows and its color code is changed to green. More damaging losses would raise concerns and trigger a technical sell signal. A gain and solid close above the pivot point may help clinch a proper new (or add-on) technical buy signal. Reported Sep '21 quarterly earnings +100% on +30% sales revenues versus the year ago period.
>>> The latest Featured Stock Update with an annotated graph appeared on 1/4/2022. Click here.
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Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
BPOP - NASDAQ - Banks-Southeast
Popular Inc
$91.00 +1.77
1.98%
$91.15 $89.71 1.43% 417,890
100.94%
414,000
Most Recent Note for BPOP - 1/7/2022 12:24:46 PM
Powering to new multi-year highs. Reported earnings +55% on +9% sales revenues for the Sep '21 quarter versus the year ago period and fundamental concerns remain. Prior mid-day reports noted - "Prior quarterly and annual earnings (C and A criteria) have been below guidelines of the fact-based investment system."
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CCB - NASDAQ - Finance-Commercial Loans
Coastal Financial Corp
$53.57 +0.57
1.08%
$53.99 $54.41 -1.54% 34,618
76.93%
45,000
Most Recent Note for CCB - 1/7/2022 12:26:09 PM
Hovering at its 52-week high with today's 4th consecutive gain. Completed a new Public Offering on 12/15/21 while briefly consolidating above its 50 DMA line. Reported strong Sep '21 quarterly results versus the year ago period, its 4th strong quarterly comparison. This thinly-traded Bank. Completed its $14.50 IPO on 7/18/18.
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ESTE - AMEX - Oil&Gas-U S Expl&Prod
Earthstone Energy Inc
$12.87 -0.64
-4.76%
$13.66 $13.55 -5.05% 363,569
95.68%
380,000
Most Recent Note for ESTE - 1/7/2022 12:27:11 PM
Pulling back today after spiking to new 52-week highs with volume-driven gains this week. Reported +483% earnings on +169% sales revenues for the Sep '21 quarter versus the year ago period, the 3rd consecutive quarterly comparison satisfying the C criteria. Annual earnings (A criteria) had a downturn in FY '20. There is a very small supply of only 30.9 million shares (S criteria) in the public float and only 9 top-rated funds (I criteria) own its shares.
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EWBC - NASDAQ - BANKING - Regional - Pacific Banks
East West Bancorp Inc
$86.34 +0.26
0.30%
$87.13 $87.77 -1.63% 639,982
87.43%
732,000
Most Recent Note for EWBC - 1/7/2022 12:29:01 PM
Found support near its 200 DMA line in recent weeks and it is challenging its all-time high with today's 5th consecutive gain. Reported earnings +40% on +16% sales revenues for the Sep ;'21 quarter versus the year ago period. Fundamentals are not a good match with the fact-based investment system's guidelines.
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JBL - NYSE - ELECTRONICS - Printed Circuit Boards
Jabil Circuit Inc
$70.83 +0.66
0.94%
$70.96 $72.11 -1.78% 745,831
83.43%
894,000
Most Recent Note for JBL - 1/7/2022 12:30:14 PM
Hovering near its all-time high following volume-driven gains. Found support at its 200 DMA line ($59.38) after encountering distributional pressure in recent weeks. Reported Nov '21 quarterly earnings +20% on +9% sales revenues versus the year ago period, breaking a streak of 4 quarterly comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history included a small downturn in FY '20.
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LBAI - NASDAQ - BANKING - Regional - Northeast Banks
Lakeland Bancorp Inc
$20.18 -0.20
-0.98%
$20.69 $20.59 -1.99% 189,330
89.73%
211,000
Most Recent Note for LBAI - 1/7/2022 12:30:59 PM
Perched at its 52-week high today following 5 consecutive gains backed by ever-increasing volume. Reported Sep '21 quarterly earnings +111% on -71% sales revenues versus the year ago period. Fundamental concerns remain as when noted in the 6/15/17 mid-day report perched at its all-time high - "Prior earnings history has been below guidelines of the fact-based investment system."

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LYG - NYSE - BANKING - Foreign Regional Banks
Lloyds Banking Group Adr
$2.83 +0.01
0.35%
$2.85 $2.83 0.00% 7,212,980
105.07%
6,865,000
Most Recent Note for LYG - 1/7/2022 12:33:56 PM
Posting a 7th consecutive gain today, and making steady progress in recent weeks, trading above prior highs in the $2.80 area. Reported strong Jun and Sep '21 quarterly results versus the year ago periods. Noted with caution repeatedly in prior mid-day reports - "UK - based Financial firm has an erratic earnings history."
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RGP - NASDAQ - Comml Svcs-Consulting
Resources Connection Inc
$18.97 -0.75
-3.78%
$19.40 $20.16 -5.88% 511,320
306.18%
167,000
Most Recent Note for RGP - 1/7/2022 12:36:16 PM
Pulling back after spiking to new 52-week and multi-year highs with the prior volume-driven gain. Reported strong Nov '21 quarterly results +124% on +31% sales revenues versus the year ago period, its 2nd strong quarter. Fundamental concerns remain.
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SIMO - NASDAQ - ELECTRONICS - Semiconductor - Specialized
Silicon Motion Tech Ads
$92.53 +0.52
0.57%
$92.91 $96.89 -4.50% 377,056
102.74%
367,000
Most Recent Note for SIMO - 1/7/2022 12:36:42 PM
Stubbornly holding its ground after reaching a new 52-week high following recently noted volume-driven gains. Reported earnings +124% on +102% sales revenues for the Sep '21 quarter versus the year ago period, marking its 3rd quarterly comparison above the +25% minimum guideline (C criteria). Noted in prior mid-day reports - "Up and down annual earnings (A criteria) was previously noted as a flaw with respect to the fundamental guidelines of the fact-based investment system."
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STM - NYSE - ELECTRONICS - Semiconductor - Broad Line
Stmicroelectronics N V
$50.30 +1.18
2.39%
$51.52 $52.15 -3.56% 2,724,538
121.47%
2,243,000
Most Recent Note for STM - 1/7/2022 12:38:27 PM
Gapped up today with a volume-driven gain challenging its 52-week high. Recently found support near its 50 DMA line ($49.27). Prior mid-day reports noted - "This Switzerland-based manufacturer of Semiconductor products reported earnings +96% on +20% sales revenues for the Sep '21 quarter versus the year ago period, its 4th consecutive quarterly earnings comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been erratic and not a great match with the guidelines of the fact-based investment system."
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STXB - NASDAQ - Banks-West/Southwest
Spirit of Texas Bancshares Inc
$30.93 +0.33
1.08%
$31.50 $30.69 0.78% 114,495
108.01%
106,000
Most Recent Note for STXB - 1/7/2022 12:39:56 PM
This thinly-traded bank is inching to new all-time highs. Held its ground following 11/19/21 M&A news. Found support above its 50 DMA line in recent weeks. The Sep '21 quarterly comparison showed +55% earnings on -4% sales revenues versus the year ago period. Waning sales revenues growth is a concern. Prior quarterly earnings increases were above the +25% minimum guideline (C criteria).
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TCN - NYSE - Real Estate Dvlpmt/Ops
Tricon Residential Inc
$15.09 -0.25
-1.63%
$15.45 $15.41 -2.08% 219,643
102.64%
214,000
Most Recent Note for TCN - 1/7/2022 12:40:49 PM
Recent quarters show strong sales and earnings increases. Annual earning history is not a match with the fact-based investment system's fundamental guidelines.
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VCRA - NYSE - Comml Svcs-Healthcare
Vocera Communications
$79.19 +0.02
0.02%
$79.19 $79.43 -0.31% 2,261,979
396.84%
570,000
Most Recent Note for VCRA - 1/7/2022 12:42:51 PM
Gapped up on the prior session hitting a new all-time high following M&A news with Stryker (SYK). Noted in prior mid-day reports - "Reported Sep '21 quarterly earnings +8% on +18% sales revenues versus the year ago period, below the +25% minimum guideline (C criteria). Its up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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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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