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MIDDAY BREAKOUTS REPORT - FRIDAY, SEPTEMBER 6TH, 2024
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DOW 40357.47 -398.28 (-0.98%) | NASDAQ 16682.57 -445.09 (-2.60%) | S&P 500 5407.89 -95.52 (-1.74%)
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Time of Screening :
9/6/2024 1:08:18 PM Report Released :
9/6/2024 1:42:36 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...
At around
mid-way through each trading day we run
a screen against our database of
high-ranked stocks, searching for
possible buy candidates that are trading
at or near their 52-week high on above
average volume. The results of that
screen are split into the two sections
you see below. The first, titled
"TODAY's FEATURED STOCKS" shows stocks
that our experts have recently
identified as among the strongest candidates to
consider. Stocks highlighted in yellow
are the most timely and noteworthy, so
particular attention and prompt action
may be appropriate. The second section,
titled "TODAY's BREAKOUT SCREEN" shows
the remainder of stocks meeting today's
screen parameters. Our experts have
reviewed and included notes on these
stocks as well, but found that they may
not match up as favorably.
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Y - Today's strongest
candidates
highlighted
by our staff
of experts.
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G - Previously featured in
this report as yellow and
now may no longer be buyable
under the guidelines.
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NONE OF OUR FEATURED STOCKS MET TODAY'S SCREENING CRITERIA FOR VOLUME AND PRICE ACTION.
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Symbol - Exchange - Industry Group Company Name |
Last |
Chg |
Day High |
52 WK Hi |
% From Hi |
Volume % DAV |
DAV |
AGX
- NYSE - MATERIALS & CONSTRUCTION - Heavy Construction
Argan Inc
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$89.78 |
+18.40
25.77%
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$95.73
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$81.05
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10.76% |
936,606 509.03%
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184,000
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Most Recent Note for AGX - 9/6/2024 1:10:58 PM
Rebounding from below its 50 DMA line ($74.17) and hitting a new 52-week high with today's considerable "breakaway gap" with heavy volume. Reported Jul '24 quarterly earnings +39% on +61% sales revenues versus the year-ago period. Fundamental concerns remain. The Building -Heavy Construction firm is not a match with the fact-based investment system's fundamental guidelines.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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BRC
- NYSE - CHEMICALS - Specialty Chemicals
Brady Corporation Cl A
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$73.00 |
+1.19
1.66%
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$76.82
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$74.51
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-2.03% |
609,313 298.68%
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204,000
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Most Recent Note for BRC - 9/6/2024 1:12:56 PM
Hit a new all-time high today. Making steady progress in recent months, finding support at its 50 DMA line on pullbacks. Through Jul '24 its quarterly earnings and sales revenues growth history is not a match with the fact-based investment system's fundamental guidelines.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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CNX
- NYSE - METALS & MINING - Industrial Metals & Minerals
Consol Energy Inc
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$27.10 |
-0.29 -1.06%
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$27.50
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$28.23
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-4.00% |
1,956,961 75.15%
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2,604,000
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Most Recent Note for CNX - 9/6/2024 1:14:34 PM
Quarterly and annual aearnings hitsory has been erratic and sales revenues have been badly waning in the 3 latest quarterly comparisons through Jun '24.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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CSWI
- NASDAQ - Chemicals-Specialty
C S W Industrials Inc
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$287.04 |
-4.97 -1.70%
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$294.81
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$337.63
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-14.98% |
82,068 78.91%
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104,000
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Most Recent Note for CSWI - 9/6/2024 1:16:50 PM
Abruptly slumped from its all-time high and violated its 50 DMA line ($298) with a gap down on the prior session. Reported earnings +25% on +11% sales revenues for the Jun '24 quarter versus the year ago period. Prior quarterly comparisons were below the +25% minimum guideline (C criteria). Annual earnings history (A criteria) and sales revenues growth rate has been steady.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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ENSG
- NASDAQ - HEALTH SERVICES - Long-Term Care Facilities
Ensign Group Inc
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$149.00 |
-2.67 -1.76%
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$152.07
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$152.63
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-2.38% |
556,060 145.95%
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381,000
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Most Recent Note for ENSG - 9/6/2024 1:18:15 PM
Encountering distributional pressure with today's volume-driven loss while perched at its all-time high. Reported earnings +14% on +12% sales revenues for the Jun '24 quarter versus the year-ago period, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings history has been strong.
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Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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ESQ
- NASDAQ - Finance-Commercial Loans
Esquire Financial Holdings
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$59.45 |
+0.00
0.00%
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$60.28
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$62.50
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-4.88% |
39,197 122.49%
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32,000
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Most Recent Note for ESQ - 9/6/2024 1:19:25 PM
Fundamentals have been subpar in the Sep, Dec '23, Mar and Jun '24 quarters. Consolidating within close striking distance of its 52-week high. It was dropped from the Featured Stocks list on 9/21/23.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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HCA
- NYSE - HEALTH SERVICES - Hospitals
H C A Holdings Inc
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$387.27 |
-10.48 -2.63%
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$403.05
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$398.63
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-2.85% |
1,053,478 84.08%
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1,253,000
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Most Recent Note for HCA - 9/6/2024 1:25:25 PM
There was a "negative reversal" today for a volume-driven loss after touching a new all-time high. Reported earnings +28% on +10% sales revenues for the Jun '24 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings (C criteria) guideline. Annual earnings history included a downturn in FY '22. Completed Secondary Offerings on 12/12/12, 10/29/13, and 5/21/14. Has a new CEO as of 1/01/14.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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NRIM
- NASDAQ - BANKING - Regional - Pacific Banks
Northrim Bancorp Inc
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$64.12 |
-1.19 -1.82%
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$65.42
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$74.34
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-13.75% |
49,332 234.91%
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21,000
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Most Recent Note for NRIM - 9/6/2024 1:30:54 PM
Consolidating above its 50 DMA line ($63.94) with higher volume behind today's 4th consecutive loss. This small and thinly traded Alaskan Bank's quarterly and annual earnings (C and A) growth has not been strong and steady.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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THC
- NYSE - HEALTH SERVICES - Hospitals
Tenet Healthcare Corp
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$151.87 |
-10.11 -6.24%
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$163.61
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$166.89
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-9.00% |
1,236,676 104.10%
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1,188,000
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Most Recent Note for THC - 9/6/2024 1:37:55 PM
Extended from any sound base and pulling back today for a second consecutive volume-driven loss. Reported Jun '24 quarterly earnings +60% on +0% sales revenues versus the year ago period. Prior quarterly comparisons were subpar and fundamental concerns remain based on the guidelines of the fact-based investment system.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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TW
- NASDAQ - Financial Svcs-Specialty
Tradeweb Markets Cl A
|
$110.84 |
-6.77 -5.76%
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$114.21
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$118.80
|
-6.70% |
934,557 131.63%
|
710,000
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Most Recent Note for TW - 9/6/2024 1:40:39 PM
Gapped down today retreating from its 52-week high with today's volume-driven loss testing its 50 DMA line ($111.20). Reported earnings +35% on +30% sales revenues for the Jun '24 quarter versus the year ago period, its 3rd quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings history has been strong since its $27 IPO on 4/04/19 and an additional Public Offerings on 10/17/19 and 4/24/20.
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Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
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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.
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not endorse or recommend any securities or other investments.
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be suitable for all investors and it is not to be deemed
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