Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<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 Monday, February 26, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

 MIDDAY BREAKOUTS REPORT - THURSDAY, DECEMBER 23RD, 2021
Previous Mid Day Report Next Mid Day Report >>>

DOW 35980.03 226.14 (0.63%) | NASDAQ 15651.81 129.92 (0.84%) | S&P 500 4730.28 33.72 (0.72%)
Time of Screening : 12/23/2021 12:04:18 PM         Report Released : 12/23/2021 12:49:16 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 50% 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
CLFD - NASDAQ
Clearfield Inc
$78.40 +3.66
4.89%
$78.72 84,098
63.23% of 50 DAV
50 DAV is 133,000
$76.07
3.06%
12/16/2021 $72.76 PP = $72.10
MB = $75.71
Most Recent Note - 12/23/2021 12:18:04 PM
Y - Hitting another new all-time high with today's early gain, getting extended beyond its "max buy" level. New pivot point cited was based on its 11/15/21 high plus 10 cents. Recently formed a "square box" base as it found support well above its 50 DMA line ($63.10) when consolidating. A gain and close above the pivot point on 12/21/21 backed by +72% above average volume triggered a new (or add-on) technical buy signal. Reported Sep '21 quarterly earnings +141% on +66% sales revenues above the year ago period.
>>> The latest Featured Stock Update with an annotated graph appeared on 11/22/2021. 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
ARCB - NASDAQ - Transportation-Truck
Arcbest Corp
$113.05 +5.08
4.70%
$113.71 $116.79 -3.20% 239,181
55.37%
432,000
Most Recent Note for ARCB - 12/23/2021 12:07:30 PM
Rising near its all-time high with today's 3rd consecutive gain after finding prompt support at its 50 DMA line. Formed an orderly base since last noted in the 11/05/21 mid-day report - "Reported Sep '21 quarterly earnings +112% on +28% sales revenues versus the year ago period, its 4th strong comparison. Down turn in FY '19 is a flaw in its annual earnings (A criteria) history, not a match with the fact-based investment system's fundamental guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CCB - NASDAQ - Finance-Commercial Loans
Coastal Financial Corp
$52.19 +0.16
0.31%
$52.70 $52.88 -1.30% 26,105
65.26%
40,000
Most Recent Note for CCB - 12/23/2021 12:09:34 PM
Hitting new highs with today's 3rd 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.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CFB - NASDAQ - Banks-Midwest
Crossfirst Bankshares
$15.36 +0.21
1.39%
$15.39 $15.67 -1.98% 56,953
52.25%
109,000
Most Recent Note for CFB - 12/23/2021 12:11:38 PM
Making its 3rd mid-day report appearance in the span of a week, prior mid-day reports repeatedly noted - "Consolidating above its 50 DMA line and perched within close striking distance of its all-time high. Fundamental concerns remain."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CTAS - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services
Cintas Corp
$441.37 +12.48
2.91%
$442.46 $461.44 -4.35% 208,233
53.53%
389,000
Most Recent Note for CTAS - 12/23/2021 12:19:35 PM
Finding prompt support near its 50 DMA line ($436) with today's gain after volume-driven losses. Recently wedged to new all-time highs with gains lacking great volume conviction. Fundamental concerns remain after it reported earnings +12% on +9% sales revenues for the Aug '21 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings (C criteria) guideline. Annual earnings (A criteria) have been strong and steady.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CYBE - NASDAQ - ELECTRONICS - Scientific & Technical Instrum
Cyberoptics Corp
$44.79 +1.79
4.15%
$44.95 $49.10 -8.79% 21,872
53.35%
41,000
Most Recent Note for CYBE - 12/23/2021 12:27:51 PM
Rebounding above its 50 DMA line toward prior highs with today's 5th consecutive gain. Recent quarterly comparisons through Sep '21 showed stronger sales revenues and strong earnings increases well above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been up and down.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
DLHC - NASDAQ - Comml Svcs-Staffing
D L H Holdings Corp
$18.18 -0.06
-0.33%
$18.46 $18.25 -0.38% 24,641
52.43%
47,000
Most Recent Note for DLHC - 12/23/2021 12:29:52 PM
Thinly-traded Commercial Services - Staffing firm hit another new 52-week high with today's early gain adding to an impressive streak of gains. Prior mid-day reports noted - "The 2 most recent quarterly comparisons through Sep '21 showed earnings increases above the +25% minimum guideline (C criteria). Prior quarterly comparisons and its up and down annual earnings (A criteria) history are not a match with the fact-based investment system's fundamental guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ICLR - NASDAQ - Medical-Research Eqp/Svc
ICON plc
$302.19 -5.24
-1.70%
$313.00 $307.80 -1.82% 217,773
50.41%
432,000
Most Recent Note for ICLR - 12/23/2021 12:33:55 PM
This Ireland-based Medical - Research Equipment/Services firm hit a new all-time high with a big gain noted on the prior session after consolidating above its 50 DMA line ($279). Prior mid-day reports cautioned members - "Reported earnings +33% on +166% sales revenues for the Sep '21 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) had a downturn in FY '20 but were otherwise steady."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
JBL - NYSE - ELECTRONICS - Printed Circuit Boards
Jabil Circuit Inc
$70.57 +2.20
3.21%
$70.79 $68.49 3.03% 531,513
58.47%
909,000
Most Recent Note for JBL - 12/23/2021 12:35:27 PM
Hitting yet another new all-time high with today's gain marking its 6th volume-driven gain in the span of 7 sessions. Found support at its 200 DMA line ($58) 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.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MIME - NASDAQ - Computer Sftwr-Security
Mimecast Limited
$79.01 -0.10
-0.13%
$79.16 $85.48 -7.57% 1,113,774
74.70%
1,491,000
Most Recent Note for MIME - 12/23/2021 12:36:39 PM
It was dropped from the Featured Stocks list on 12/22/21 after repeatedly noted while holding its ground in a tight range since a gap up on 12/07/21 M&A news. Found prompt support at its 50 DMA line.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MU - NASDAQ - ELECTRONICS - Semiconductor - Memory Chips
Micron Technology Inc
$94.11 +3.77
4.17%
$94.40 $96.96 -2.94% 16,930,906
90.82%
18,643,000
Most Recent Note for MU - 12/23/2021 12:39:14 PM
Challenging its 52-week high with today's big gain. Reported earnings +177% on +33% sales revenues for the Nov '21 quarter versus the year ago period, its 6th very strong quarterly comparison. Annual earnings history (A criteria) has been erratic and not a match with the fact-based system's guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
NTR - NYSE - Chemicals-Agricultural
Nutrien Ltd
$75.08 +0.86
1.15%
$75.66 $74.29 1.06% 1,075,418
56.60%
1,900,000
Most Recent Note for NTR - 12/23/2021 12:40:05 PM
Today's 3rd consecutive volume-driven gain has it clearing a 7-week base and hitting new multi-year highs. Found support near its 50 DMA line ($69.56) while noted with caution in prior mid-day reports - "Reported strong Dec '20, Mar, Jun, and Sep '21 sales and earnings results versus the year ago periods. Annual earnings history (A criteria) included a downturn in FY '19 and '20, not a match with the fundamental guidelines of the fact-based investment system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PAYX - NASDAQ - Comml Svcs-Outsourcing
Paychex Inc
$135.37 +1.96
1.47%
$137.20 $135.46 -0.07% 721,853
51.23%
1,409,000
Most Recent Note for PAYX - 12/23/2021 12:42:21 PM
Spiking to new all-time highs today with a 3rd consecutive volume-driven gain. Reported Nov '21 quarterly earnings +25% on +13% sales revenues versus the year ago period, its 2nd strong quarter. Prior quarterly sales revenues and earnings growth is not a match with the fact-based investment system's guidelines (C criteria). Annual earnings growth has been slow and steady.

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PSTG - NYSE - Computer-Data Storage
Pure Storage Inc Cl A
$34.12 +1.16
3.52%
$34.65 $33.78 1.01% 2,627,892
68.56%
3,833,000
Most Recent Note for PSTG - 12/23/2021 12:44:19 PM
Hitting another new 52-week high with today's 3rd consecutive gain. Held its ground stubbornly following volume-driven gains as prior mid-day reports noted - "Reported very strong Jul and Oct '21 quarterly results versus the year ago periods. Prior earnings history (C and A criteria) is not a good match with the fundamental guidelines of the fact-based investment system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SIMO - NASDAQ - ELECTRONICS - Semiconductor - Specialized
Silicon Motion Tech Ads
$92.32 +2.02
2.24%
$92.49 $91.97 0.38% 455,125
142.23%
320,000
Most Recent Note for SIMO - 12/23/2021 12:45:03 PM
Extended from any sound base and perched at its 52-week high today, adding to 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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SPGI - NYSE - Comml Svcs-Market Rsrch
S&P Global Inc
$476.56 +3.30
0.70%
$477.42 $484.21 -1.58% 777,710
57.91%
1,343,000
Most Recent Note for SPGI - 12/23/2021 12:47:07 PM
Hovering near its all-time high, finding prompt support at its 50 DMA line ($461) during the recent consolidations. Reported earnings +24% on +13% sales revenues for the Sep '21 quarter and fundamental concerns remain. Noted with caution in prior mid-day report - "Prior quarterly earnings increases have not been strong and steady above the +25% minimum guideline (C criteria)."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ZBRA - NASDAQ - COMPUTER HARDWARE - Computer Peripherals
Zebra Tech Corp Cl A
$585.20 +4.77
0.82%
$586.86 $615.00 -4.85% 248,687
99.08%
251,000
Most Recent Note for ZBRA - 12/23/2021 12:48:06 PM
Hovering near its all-time high and finding support at its 50 DMA line ($576). Reported earnings +39% on +27% sales revenues for the Sep '21 quarter versus the year ago period, its 4th strong quarterly comparison. There was a slight downturn in FY '20 earnings (A criteria) after several negative quarterly comparisons. It was dropped from the Featured Stocks list on 5/09/19.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC 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.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us