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 MIDDAY BREAKOUTS REPORT - WEDNESDAY, DECEMBER 16TH, 2020
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DOW 30159.38 -39.93 (-0.13%) | NASDAQ 12645.97 50.91 (0.40%) | S&P 500 3702.53 7.91 (0.21%)
Time of Screening : 12/16/2020 12:14:57 PM         Report Released : 12/16/2020 1:07:05 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
Max Buy
AAXN - NASDAQ
Axon Enterprise Inc
$120.97 -7.84
-6.09%
$127.90 314,270
60.32% of 50 DAV
50 DAV is 521,000
$130.41
-7.24%
11/6/2020 $122.75 PP = $113.00
MB = $118.65
Most Recent Note - 12/16/2020 12:16:52 PM
G - Abruptly retreating today after early gains this week with above average volume challenged its all-time high. Its 50 DMA line ($114.21) defines near term support to watch on pullbacks. Recently reported Sep '20 quarterly earnings +43% on +27% sales revenues versus the year ago period.
>>> The latest Featured Stock Update with an annotated graph appeared on 12/3/2020. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
AMRC - NYSE
Ameresco Inc Cl A
$46.31 -1.28
-2.69%
$48.36 209,964
58.16% of 50 DAV
50 DAV is 361,000
$47.97
-3.46%
12/15/2020 $46.72 PP = $47.10
MB = $49.46
Most Recent Note - 12/16/2020 12:19:13 PM
Y - Reversed into the red after early gains today for a new all-time high. Finished strong after highlighted in yellow with pivot point cited based on its 11/24/20 high plus 10 cents in the prior mid-day report. Hit a new all-time high with +43% above average volume behind its 4th consecutive gain, rising from an advanced "ascending base" pattern triggering a technical buy signal. Tested its 50 DMA line ($42.15) last week and found prompt support. Reported earnings +111% on +33% sales revenues for the Sep '20 quarter versus the year ago period. Three of the 4 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria) with solid sales revenues growth. Annual earnings (A criteria) history has been good. See the latest FSU analysis for more details and an annotated graph.
>>> The latest Featured Stock Update with an annotated graph appeared on 12/15/2020. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
CLFD - NASDAQ
Clearfield Inc
$24.68 -0.72
-2.83%
$25.74 59,258
61.73% of 50 DAV
50 DAV is 96,000
$28.32
-12.85%
11/17/2020 $22.06 PP = $26.07
MB = $27.37
Most Recent Note - 12/16/2020 12:28:10 PM
Y - Pulling back from its 52-week high with volume running at an above average pace behind today's 2nd consecutive loss. Slumped back below the pivot point raising some concerns. Near term support is defined by its 50 DMA line ($23.20) and an upward trendline.
>>> The latest Featured Stock Update with an annotated graph appeared on 12/10/2020. Click here.
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SHOP - NYSE
Shopify Inc
$1,146.00 +71.90
6.69%
$1,164.17 1,973,555
139.87% of 50 DAV
50 DAV is 1,411,000
$1,146.91
-0.08%
12/16/2020 $1,146.00 PP = $1,147.01
MB = $1,204.36
Most Recent Note - 12/16/2020 12:56:47 PM
Y - Color code is changed to yellow with pivot point cited based on its 9/01/20 high plus 10 cents. Hitting a new all-time high with today's big volume-driven gain while rising from a 15-week base. A gain and strong close above its pivot point may help clinch a convincing technical buy signal. Its 50 DMA line ($1,022) defines near-term support to watch above its 200 DMA line ($852). Reported Sep '20 quarterly earnings of $1.13 per share versus a loss of 29 cents per share on +96% sales revenues versus the year ago period. The Ontario, Canada-based Computer Software - Enterprise firm's prior quarters showed big earnings increases well above the +25% minimum guideline (C criteria) with very strong underlying sales revenues growth. After years of losses it had strong earnings growth in FY '17-19 (A criteria).
There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below
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TEAM - NASDAQ
Atlassian Corp Plc
$243.22 +5.52
2.32%
$243.92 1,146,721
60.42% of 50 DAV
50 DAV is 1,898,000
$240.70
1.05%
10/12/2020 $193.77 PP = $199.60
MB = $209.58
Most Recent Note - 12/16/2020 12:59:53 PM
G - Extended from any sound base, posting a 5th consecutive gain today for yet another new 52-week high. Reported earnings +7% on +26% sales revenues for the Sep '20 quarter versus the year ago period, well below the +25% minimum earnings guideline (C criteria), raising concerns.
>>> The latest Featured Stock Update with an annotated graph appeared on 11/27/2020. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M

Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
ALXN - NASDAQ - DRUGS - Drug Manufacturers - Other
Alexion Pharmaceuticals
$159.95 +2.04
1.29%
$160.03 $160.03 -0.05% 3,130,526
143.27%
2,185,000
Most Recent Note for ALXN - 12/16/2020 12:17:22 PM
Gapped up on 12/14/20 following M&A news with Astrazzeneca Plc (AZN). Quarterly earnings in the Sep and Jun '20 periods were below the +25% minimum guideline (C criteria).
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ANET - NYSE - Computer-Networking
Arista Networks, Inc
$285.95 +6.36
2.27%
$293.50 $289.00 -1.06% 438,109
61.53%
712,000
Most Recent Note for ANET - 12/16/2020 12:22:04 PM
Gapped up today hitting a new 52-week high. Reported earnings -10% on -7% sales revenues for the Sep '20 quarter versus the year ago period. It went through a choppy consolidation since dropped from the Featured Stocks list on 5/06/19.
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ASO - NASDAQ - Retail-Leisure Products
Academy Sports & Outdoor
$18.86 +0.36
1.95%
$19.36 $19.08 -1.15% 641,854
65.30%
983,000
Most Recent Note for ASO - 12/16/2020 12:22:23 PM
Perched at its 52-week high with today's 6th consecutive volume-driven gain. Reported strong Oct '20 quarterly results. Limited history is a concern since its $13 IPO on 10/02/20.
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AVNW - NASDAQ - Telecom-Infrastructure
Aviat Networks Inc
$37.25 +0.14
0.38%
$37.73 $41.29 -9.78% 50,651
66.65%
76,000
Most Recent Note for AVNW - 12/16/2020 12:23:55 PM
Consolidating after pulling back from its 52-week high last week following an impressive spurt of volume-driven gains. Prior mid-day reports repeatedly noted - "Reported Sep '20 quarterly earnings +138% on +13% sales revenues versus the year ago period. Prior quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's fundamental guidelines."
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BIDU - NASDAQ - INTERNET - Internet Information Providers
Baidu Inc Ads
$187.32 +1.82
0.98%
$201.11 $186.61 0.38% 23,010,717
546.44%
4,211,000
Most Recent Note for BIDU - 12/16/2020 12:25:10 PM
Spiked to yet another new 52-week high today while adding to a streak of 7 consecutive gains marked by heavy volume. Reported Sep '20 quarterly earnings +69% on+6% sales revenues versus the year ago period. Earnings were +41% on -4% sales revenues for the Jun '20 quarter. Sub par sales revenues growth remains a concern, fundamentally. Went through a long and deep consolidation since dropped from the Featured Stocks list on 1/16/15.
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CAI - NYSE - Comml Svcs-Leasing
CAI International Inc
$32.38 +0.12
0.37%
$32.94 $35.76 -9.45% 151,678
111.53%
136,000
Most Recent Note for CAI - 12/16/2020 12:25:51 PM
Hovering near its 52-week high. Found support at its 50 DMA line during the consolidation since noted with caution in the 10/19/20 mid-day report - "Fundamentals are not a match with the guidelines (C and A criteria) of the fact-based investment system."
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CLCT - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services
Collectors Universe Inc
$74.96 -0.10
-0.13%
$75.16 $81.00 -7.46% 252,281
175.20%
144,000
Most Recent Note for CLCT - 12/16/2020 12:26:17 PM
Hovering near its 52-week high following 11/30/20 M&A news. Reported strong Sep '20 earnings +63% with sales revenues +1% versus the year ago period. Made impressive progress since noted with caution in the 10/22/19 mid-day report - "Its prior sales and earnings history has been erratic and below guidelines."
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CRNC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Cerence Inc
$94.10 +3.08
3.38%
$95.70 $94.92 -0.86% 498,101
77.11%
646,000
Most Recent Note for CRNC - 12/16/2020 12:36:40 PM
Hitting another new all-time high today. Prior mid-day reports repeatedly cautioned members - "Found support near its 50 DMA line during its recent consolidations. Reported earnings +17% on +10% sales revenues for the Sep '20 quarter versus the year ago period. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fundamental guidelines of the fact-based investment system."
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GRVY - NASDAQ - Computer Sftwr-Gaming
Gravity Co Ltd Ads
$184.85 +5.37
2.99%
$186.84 $194.90 -5.16% 36,314
68.52%
53,000
Most Recent Note for GRVY - 12/16/2020 12:37:53 PM
Poised for a best-ever close with today's gain after hovering near its all-time high. Held its ground stubbornly after a "breakaway gap" and big volume-driven gain on 11/27/20. Near term support to watch on pullbacks is the prior high ($150) and its 50 DMA line ($141). Reported Sep '20 quarterly earnings +189% on +74% sales revenues versus the year ago period. Prior quarterly comparisons showed waning and sub par sales revenues with lower earnings versus the year ago periods. Limited annual earnings (A criteria) history is a concern for this Korean Computer Software firm.
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GRWG - NASDAQ - Retail-Specialty
Growgeneration Corp
$37.75 +3.05
8.79%
$37.95 $37.31 1.18% 3,029,432
66.93%
4,526,000
Most Recent Note for GRWG - 12/16/2020 12:38:52 PM
Hitting a new 52-week high with today's 3rd consecutive gain marked by increasing volume. Proposed a new Public Offering. Prior mid-day reports cautioned members - "Reported very strong sales revenues and earnings increases for the Jun and Sep '20 quarters versus the year ago periods. Prior history of losses leaves fundamental concerns."
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GSHD - NASDAQ - Insurance-Prop/Cas/Titl
Goosehead Insurance Cl A
$124.92 +1.46
1.18%
$131.69 $131.64 -5.10% 117,381
76.72%
153,000
Most Recent Note for GSHD - 12/16/2020 12:42:56 PM
Touched a new all-time high today after a brief consolidation above its 50 DMA line. Reported earnings +229% on +51% sales revenues for the Sep '20 quarter versus the year ago period. Erratic quarterly earnings and limited annual earnings history is a concern. Rallied considerably since its $10 IPO on 4/27/18.
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MITK - NASDAQ - Comp Sftwr-Spec Enterprs
Mitek System Inc
$16.09 -0.12
-0.74%
$16.58 $16.22 -0.80% 595,574
92.62%
643,000
Most Recent Note for MITK - 12/16/2020 12:44:48 PM
Rebounded above its 50 DMA line ($13.05) and straight into new 52-week high territory with an impressive spurt of volume-driven gain. Prior mid-day reports noted - "Reported earnings +24% on +22% sales revenues for the Sep '20 quarter versus the year ago period, breaking a streak of 5 consecutive quarterly comparisons well above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth history included a small downturn in FY '18."
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NICE - NASDAQ - Computer Sftwr-Security
Nice Ltd Adr
$259.19 +9.11
3.64%
$259.20 $255.48 1.45% 173,871
63.23%
275,000
Most Recent Note for NICE - 12/16/2020 12:46:27 PM
This Israel-based Computer Software - Security firm is hitting a new all-time high with today's 5th consecutive gain. Found support at its 50 DMA line ($237) during its ongoing ascent. The 12/07/20mid-day report noted - "Fundamental concerns remain. Reported Sep '20 quarterly earnings +8% on +6% sales revenues versus the year ago period. Prior quarterly earnings history is not a good match with the C criteria."
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NVMI - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate
Nova Ltd
$71.60 +0.26
0.36%
$72.53 $72.00 -0.56% 110,509
57.86%
191,000
Most Recent Note for NVMI - 12/16/2020 12:48:46 PM
This Semiconductor Equipment firm headquartered in Israel is inching to new all-time highs with recent gains lacking volume. Reported Sep '20 quarterly earnings +43% on +32% sales revenues versus the year ago period marking its 3rd consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain because its annual earnings history (A criteria) has been up and down.
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STRL - NASDAQ - MATERIALS &; CONSTRUCTION - Heavy Construction
Sterling Construction Co
$19.91 +0.82
4.30%
$20.20 $19.84 0.35% 341,276
115.69%
295,000
Most Recent Note for STRL - 12/16/2020 12:58:27 PM
Pulled back on the prior session and powering higher today after spiking to new multi-year highs on 12/14/20 with a big volume-driven gain. Found prompt support near its 50 DMA line. Prior mid-day reports noted - "Reported strong earnings increases in the Mar, Jun, and Sep '20 quarterly comparisons versus the year ago periods. Prior quarterly comparisons showed sub par sales revenues and earnings increases (C criteria). After years of losses it has shown improving annual earnings (A criteria) since FY '17."
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TME - NYSE - INTERNET - Content
Tencent Music Entertainment Group ADS
$18.02 -1.03
-5.41%
$18.70 $19.63 -8.20% 10,806,593
112.00%
9,649,000
Most Recent Note for TME - 12/16/2020 1:01:25 PM
Pulling back today with above average volume after recently challenging its all-time high with volume-driven gains. Found support above its 200 DMA line during an orderly consolidation. Reported Sep '20 quarterly earnings +20% on +22% sales revenues versus the year ago period. Fundamental concerns remain. Limited history since its $13 IPO on 12/12/18.
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TTWO - NASDAQ - COMPUTER SOFTWARE & SERVICES - Technical & System Software
Take-Two Interactv Sftwr
$195.43 +0.73
0.37%
$197.88 $203.69 -4.06% 991,865
70.50%
1,407,000
Most Recent Note for TTWO - 12/16/2020 1:02:51 PM
Perched near its all-time high holding its ground stubbonly after a streak of 6 consecutive gains marked by increasing volume. Sputtered initially after technically breaking out of a "double bottom" base when noted with caution in the 11/09/20 mid-day report - "Reported Sep '20 quarterly earnings +37% on -2% sales revenues versus the year ago period. Reported strong earnings increases in the Sep, Dec '19, Mar and Jun '20 quarters versus the year ago periods. A downturn in FY '19 (A criteria) was noted as a fundamental flaw."
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UCTT - NASDAQ - ELECTRONICS - Semiconductor - Specialized
Ultra Clean Holdings Inc
$32.43 -1.37
-4.05%
$34.25 $37.02 -12.40% 286,899
64.91%
442,000
Most Recent Note for UCTT - 12/16/2020 1:04:49 PM
Consolidating near its 52-week high following an impressive spurt of gains marked by volume after a choppy consolidation. The 4 latest quarterly comparisons through Sep '20 showed very strong earnings increases backed by strong and accelerating sales revenues growth. Has a new CEO as of 10/02/17. Annual earnings (A criteria) history has been erratic and is not a match with the fact-based investment system's fundamental guidelines.

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WLDN - NASDAQ - Bldg-Heavy Construction
Willdan Group Inc
$39.99 +0.44
1.11%
$40.00 $39.98 0.03% 30,517
57.58%
53,000
Most Recent Note for WLDN - 12/16/2020 1:06:57 PM
Inching to a new 52-week high today and perched within close striking distance of its all-time high ($40.70 in April 2019). Reported earnings +5% on -11% sales revenues for the Sep '20 quarter and fundamental concerns remain.
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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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