Mid-Day Breakouts Report - Thursday, March 23rd, 2023

<<<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 Tuesday, July 23, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - THURSDAY, MARCH 23RD, 2023
Previous Mid Day Report Next Mid Day Report >>>

DOW 32446.56 416.45 (1.30%) | NASDAQ 11932.55 262.59 (2.25%) | S&P 500 3999.82 62.85 (1.60%)

Time of Screening : 3/23/2023 12:10:59 PM Report Released : 3/23/2023 12:38:00 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 57.5% 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
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Max Buy
PERI - NASDAQ Perion Networks Ltd	$38.96	+1.71 4.59%	$39.53	513,112 66.99% of 50 DAV 50 DAV is 766,000	$38.83 0.33%	1/25/2023	$31.79	PP = $33.19 MB = $34.85
Most Recent Note - 3/23/2023 12:34:03 PM G - Hitting yet another new all-time high with today's 3rd consecutive gain. Found support when recently consolidating above its 50 DMA line ($33.32) and the prior high ($33) which define important near-term support. >>> The latest Featured Stock Update with an annotated graph appeared on 3/15/2023. Click here.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AGM - NYSE - FINANCIAL SERVICES - Credit Services Federal Agric Mtg Cl C	$127.74	+2.54 2.03%	$127.74	$149.37	-14.48%	51,614 64.52%	80,000
Most Recent Note for AGM - 3/23/2023 12:12:15 PM Rebounded near its 50 DMA line ($133.32) which acted as resistance. Abruptly retreated from its all-time high with damaging volume-driven losses undercutting its prior high ($137) and 50 DMA line. Reported earnings +22% on +147% sales revenues for the Dec '22 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Annual earnings growth has been steady.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
BZH - NYSE - MATERIALS & CONSTRUCTION - Residential Construction Beazer Homes U S A Inc	$15.36	+0.71 4.84%	$15.36	$17.64	-12.93%	167,227 64.57%	259,000
Most Recent Note for BZH - 3/23/2023 12:13:58 PM Consolidating near its 50 DMA line and it faces resistance due to overhead supply up to the $26 level. Fundamental concerns remain.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CLMB - NASDAQ - Wholesale-Electronics Climb Global Solutions	$50.28	+1.03 2.09%	$51.00	$51.35	-2.08%	14,715 98.10%	15,000
Most Recent Note for CLMB - 3/23/2023 12:14:38 PM Hovering near its all-time high. Held its ground after a recent spurt of volume-driven gains. Reported Dec '22 quarterly earnings +36% on +18% sales revenues versus the year-ago period. Fundamental concerns remain after lower earnings versus the year ago for the Sep '22 quarter and lower sales revenues versus the year ago for the Jun '22 quarter.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CMCL - AMEX - Mining-Gold/Silver/Gems Caledonia Mining Corp	$16.37	+0.37 2.33%	$16.84	$18.23	-10.19%	76,105 115.31%	66,000
Most Recent Note for CMCL - 3/23/2023 12:15:24 PM Spiked higher on 3/17/23 but prior mid-day reports noted - "Still faces some overhead supply which may act as resistance up to the $18 level. Quarterly earnings comparisons through Sep '22 have not been strong and steady above the +25% minimum (C criteria)."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CPA - NYSE - TRANSPORTATION - Regional Airlines Copa Holdings Sa	$90.19	+1.98 2.24%	$90.34	$98.12	-8.08%	280,585 62.08%	452,000
Most Recent Note for CPA - 3/23/2023 12:18:41 PM Stalled after touching a new 52-week high on 3/09/23 and abruptly slumped below its 50 DMA line ($91.52). Reported earnings +127% on +55% sales revenues for the Dec '22 quarter versus the year-ago period. Prior quarterly comparisons also showed great improvement. A big loss in FY '20 leaves fundamental concerns.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GIS - NYSE - FOOD & BEVERAGE - Food - Major Diversified General Mills Inc	$82.80	+2.93 3.67%	$82.92	$88.34	-6.27%	2,484,046 69.60%	3,569,000
Most Recent Note for GIS - 3/23/2023 12:22:19 PM Rebounding toward its all-time high. Reported Nov '22 quarterly earnings +11% on +4% sales revenues versus the year-ago period. Prior quarterly comparisons showed subpar sales revenues and earnings growth versus the year-ago periods. Annual earnings growth has been slow and steady for this well-known name in the Food - Packaged industry group. Fundamentals fall short of the C and A criteria of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
KBH - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction K B Home	$40.33	+3.53 9.58%	$40.42	$40.92	-1.45%	2,513,458 154.58%	1,626,000
Most Recent Note for KBH - 3/23/2023 12:24:26 PM Gapped up today for a 3rd consecutive volume-driven gain. Resistance remains due to overhead supply up to the $52 level. Reported earnings -1% on -1% sales revenues for the Feb '23 quarter versus the year-ago period, breaking a streak of 8 consecutive quarterly comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
MNSO - NYSE - RETAIL - Discount, Variety Stores Miniso Group Hldg Cl A	$17.68	+0.20 1.14%	$18.18	$19.49	-9.29%	1,147,775 63.24%	1,815,000
Most Recent Note for MNSO - 3/23/2023 12:27:08 PM Consolidating above its 50 DMA line after noted volume-driven gains. Prior mid-day reports cautioned members - "Still faces resistance due to overhead supply up to the $35 level. Reported Dec '22 quarterly earnings +55% on -17% sales revenues versus the year-ago period. Quarterly and annual earnings history has not been strong and steady while sales revenues have been waning."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
MTH - NYSE - MATERIALS & CONSTRUCTION - Residential Construction Meritage Homes Corp	$115.86	+4.59 4.13%	$116.47	$117.22	-1.16%	326,810 74.61%	438,000
Most Recent Note for MTH - 3/23/2023 12:32:33 PM Found prompt support near its 50 DMA line ($107.88) recently and it faces little resistance due to overhead supply up to the $125 level. Reported Dec '22 quarterly earnings +13% on +33% sales revenues versus the year-ago period, breaking a long streak of quarterly comparisons well above the +25% minimum earnings guideline (C criteria).
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
OVLY - NASDAQ - Banks-West/Southwest Oak Valley Bancorp	$24.05	+0.14 0.59%	$24.24	$28.00	-14.11%	17,561 65.04%	27,000
Most Recent Note for OVLY - 3/23/2023 12:33:15 PM Slumped below its 50 DMA line with damaging volume-driven losses. Noted with caution in the 3/08/23 mid-day report hovering near its 52-week high enduring distributional pressure - "The quarterly comparisons in Sep and Dec '22 had earnings increases above the +25% minimum guideline (C criteria), but 4 prior quarterly comparisons were sub-par. Annual earnings (A criteria) history has been strong and steady."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev Super Micro Computer Inc	$117.61	+5.07 4.51%	$118.36	$117.84	-0.20%	980,704 63.64%	1,541,000
Most Recent Note for SMCI - 3/23/2023 12:35:00 PM Hitting yet another new 52-week high with today's 4th consecutive volume-driven gain, very extended from any sound base. Noted in the 2/27/23 mid-day report - "Rallying from a 3-month base. Reported Dec '22 quarterly earnings +270% on +54% sales revenues versus the year-ago period, its 5th strong quarterly earnings increase well above the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) had a downturn in FY '21."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
STVN - NYSE - Medical-Services Stevanato Group S P A	$23.27	+0.24 1.02%	$23.38	$25.72	-9.55%	199,773 73.45%	272,000
Most Recent Note for STVN - 3/23/2023 12:37:05 PM Faces resistance due to overhead supply up to the $29 level. Prior mid-day reports noted - "Reported Dec '22 quarterly earnings +33% on +18% sales revenues versus the year-ago period. Prior 3 quarterly comparisons were below the +25% minimum earnings guideline (C criteria)."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
UBS - NYSE - BANKING - Money Center Banks U B S Ag	$19.73	-0.67 -3.28%	$19.95	$22.30	-11.52%	5,451,839 132.01%	4,130,000
Most Recent Note for UBS - 3/23/2023 12:37:56 PM Rebounded near its 50 DMA line ($21.12) which acted as resistance this week after an abrupt pullback. Prior mid-day reports repeatedly cautioned members - "Reported Dec '22 quarterly earnings +32% on +15% sales revenues versus the year-ago period. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

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.

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 FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

We appreciate any feedback members may wish to send via the inquiry form here.