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AFTER MARKET UPDATE - MONDAY, APRIL 22ND, 2019
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Indices NYSE Nasdaq
DOW  -48.49 26,511.05 -0.18% Volume 729,977,030 -16% Volume 1,760,080,420 -16%
NASDAQ +17.21 8,015.27 +0.22% Advancers 1,220 41% Advancers 1,324 43%
S&P 500 +2.94 2,907.97 +0.10% Decliners 1,731 59% Decliners 1,769 57%
Russell 2000 -5.70 1,560.04 -0.36% 52 Wk Highs 54   52 Wk Highs 48  
S&P 600 -5.41 957.25 -0.56% 52 Wk Lows 34   52 Wk Lows 70  

Major Indices Sputter at Beginning of a Big Earnings Week

Stocks finished mixed Monday. The Dow lost 48 points to 26,511. The S&P 500 gained 2 points to 2,907, leaving the index within 1% of its all-time high. The Nasdaq Composite added 17 points to close at 8,015. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange. Decliners led advancers by almost a 3-2 margin on the NYSE and on the Nasdaq exchange. Leadership thinned as a total of 32 high-ranked companies from the Leaders List hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 45 on the prior session. New 52-week highs totals contracted again but still outnumbered new 52-week lows on the NYSE, but new lows outnumbered new highs on the Nasdaq exchange for the second consecutive session. The major indices (M criteria) are in a confirmed uptrend while healthy market leadership (stocks hitting new highs) remains a reassuring signThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average is perched -1.6% off its record high after rebounding impressively from the December low.

The major averages fluctuated as investors prepared for the busiest week of corporate earnings results. According to Reuters, consensus expectations are now suggesting a 1.7% decline first-quarter profits for S&P 500 constituents, better than the 3.9% dip expected just two weeks ago. These projections could change by week end as more than a third of S&P 500 companies are set to release their quarterly results this week. On the data front, the lone update today revealed existing home sales fell 4.9% in March, worse than the forecasted 3.8% decline and February’s 11.8% increase.

Seven of 11 S&P 500 sectors ended in negative territory with the Real Estate group down the most. Energy was the top performer as WTI crude climbed 2.7% to $65.70/barrel as U.S. sanction waivers on Iranian oil exports are set to expire in two weeks. Shares of Kimberly-Clark (KMB +5.42%) gapped up rallying toward multi-year highs after topping Wall Street profit and sales forecasts. Intuitive Surgical (ISRG -7.01%) gapped down and violated its 200-day moving average after the medical equipment company’s results missed analyst expectations.

Treasuries weakened, with the yield on the 10-year note up one basis point to 2.59%. In commodities, COMEX gold added 0.1% at $1,273.50/ounce.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. 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.


Energy Linked Groups Posted Standout Gains

The Retail Index ($RLX +0.19%) eked out a small gain while the Bank Index ($BKX -0.12%) inched lower and the Broker/Dealer Index ($XBD -0.45%) lost groundThe tech sector was indecisive as the Networking Index ($NWX +0.38%) posted a small gain, meanwhile, the Semiconductor Index ($SOX +0.01%) finished flat and the Biotech Index ($BTK -0.15%) inched lower. Commodity linked groups were mixed. The Oil Services Index ($OSX +3.03%) and the Integrated Oil Index ($XOI +2.15%) were standout gainers, but the Gold & Silver Index ($XAU -1.75%) was  a standout decliner.

Charts courtesy of www.stockcharts.com

PICTURED: The Integrated Oil Index ($XOI +2.15%graph shows it rebounding impressively from the December low to finally reach its 200-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  102.07 +3.00 +3.03% +26.64%
Integrated Oil $XOI  1,369.93 +28.84 +2.15% +18.19%
Semiconductor $SOX  1,558.29 +0.16 +0.01% +34.90%
Networking $NWX  625.06 +2.34 +0.38% +27.91%
Broker/Dealer $XBD  272.03 -1.24 -0.45% +14.62%
Retail $RLX  2,369.34 +4.46 +0.19% +21.42%
Gold & Silver $XAU  71.62 -1.27 -1.74% +1.36%
Bank $BKX  99.48 -0.13 -0.13% +15.96%
Biotech $BTK  4,638.07 -7.17 -0.15% +9.88%


Hovering Near High With Volume Totals Cooling

Arista Networks Inc (ANET +$4.22 or +1.30% to $327.60) has been hovering near its all-time high with volume totals cooling. It remains below the "max buy" level previously noted. ANET was highlighted in yellow with new pivot point cited based on its 8/24/18 high plus 10 cents in the 3/13/19 mid-day report (read here). It was last shown in this FSU section on 3/13/19 with an annotated graph under the headline, "Rebounding Near High After Deep Consolidation".

It technically broke out above previously stubborn resistance in the $311-313 area with a big gain for a new high on 3/21/19 backed by +90% above average volume triggering a technical buy signal. That was a reassuring sign of the serious institutional buying demand that can lead to another meaningful and sustained price advance.

Fundamentals remained strong through the Dec '18 quarter. It has shown strong and steady increases in quarterly sales revenues while earnings have routinely been well above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) growth has been strong since its $43 IPO in June of 2014.

The number of top-rated funds owning its shares rose from 700 in Sep '17 to 1,150 in Mar '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 3.0 is an unbiased indication its shares have been under accumulation over the past 50 days. The high-ranked Computer - Networking firm has a Timeliness Rating of A and a Sponsorship Rating of B. Its small supply of 50.7 million shares (S criteria) in the public float may contribute to greater volatility in the event of institutional buying or selling.

Charts used courtesy of www.stockcharts.com

Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
MLR - NYSE
Miller Industries Inc
AUTOMOTIVE - Auto Parts  
$34.14 -0.24
-0.70%

$34.51

25,820
64.55% of 50 DAV
50 DAV is 40,000
$35.26
-3.18%
11/30/2018 $28.35 PP = $29.50
MB = $30.98
Most Recent Note - 4/16/2019 5:56:33 PM
G - Posted a big gain today with light volume, rallying further above its 50 DMA line ($32.22) toward the prior high. Below the 50 DMA line the prior low ($30.38 on 3/27/19) defines the next near-term support to watch. Reported earnings +17% on +13% sales revenues for the Dec '18 quarter, below the +25% minimum guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Below 50-Day Average After Damaging Losses - 4/8/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NSP - NYSE
Insperity Inc
Comml Svcs-Outsourcing  
$122.13 +1.07
0.88%

$122.71

297,310
81.23% of 50 DAV
50 DAV is 366,000
$132.50
-7.83%
4/16/2019 $129.59 PP = $132.60
MB = $139.23
Most Recent Note - 4/18/2019 5:30:30 PM
G - Violated its 50 DMA line ($125.08) and triggered a technical sell signal with higher volume behind today's 5th consecutive loss and its color code is changed to green. A prompt rebound above the 50 DMA line is needed for its outlook to improve. A new pivot point was cited based on its 2/12/19 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Prior highs in the $118-121 area recently acted as support.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling and Consolidating Near Prior Highs - 3/14/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ZBRA - NASDAQ
Zebra Tech Corp Cl A
COMPUTER HARDWARE - Computer Peripherals  
$230.51 -2.17
-0.93%

$232.91

333,501
72.50% of 50 DAV
50 DAV is 460,000
$235.98
-2.32%
2/14/2019 $198.10 PP = $184.85
MB = $194.09
Most Recent Note - 4/18/2019 11:05:15 AM
G - Perched at its all-time high, very extended from any sound base. Its 50 DMA line ($208) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Zebra Extended From Prior Base - 3/25/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FTNT - NASDAQ
Fortinet Inc
Computer Sftwr-Security  
$91.57 +0.49
0.54%

$91.94

1,219,166
69.04% of 50 DAV
50 DAV is 1,766,000
$96.96
-5.56%
4/10/2019 $89.76 PP = $88.70
MB = $93.14
Most Recent Note - 4/18/2019 10:52:19 AM
Y - Color code is changed to yellow after pulling back below its "max buy" level. Testing prior highs in the $88 area defining near-term support above its 50 DMA line ($85.34).
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain Cleared Flat Base and Little Resistance Remains - 4/10/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SPSC - NASDAQ
S P S Commerce Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$102.24 +1.06
1.05%

$103.05

93,789
57.89% of 50 DAV
50 DAV is 162,000
$113.31
-9.77%
3/26/2019 $107.12 PP = $113.41
MB = $119.08
Most Recent Note - 4/17/2019 5:43:00 PM
G - Color code is changed to green after slumping below its 50 DMA line ($104.88) which recently acted as support. Damaging losses below the recent low ($100.28 on 4/08/19) would raise more serious concerns. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Consolidating in Orderly Fashion Above Prior Highs - 3/22/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
SSNC - NASDAQ
S S & C Technologies
COMPUTER SOFTWARE and SERVICES - Application Software  
$65.02 +0.81
1.26%

$65.08

627,708
36.67% of 50 DAV
50 DAV is 1,712,000
$66.30
-1.93%
2/15/2019 $59.73 PP = $61.07
MB = $64.12
Most Recent Note - 4/16/2019 1:34:34 PM
G - Stubbornly holding its ground perched near its all-time high with volume totals cooling. Its 50 DMA line ($61.15) and prior low define near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Hovering Near High With Volume Totals Cooling in Recent Weeks - 3/27/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$128.73 -0.09
-0.07%

$129.05

843,553
101.39% of 50 DAV
50 DAV is 832,000
$132.88
-3.12%
4/16/2019 $130.56 PP = $132.98
MB = $139.63
Most Recent Note - 4/18/2019 5:27:11 PM
Y - Volume totals have been cooling in recent weeks and a new pivot point was cited based on its 3/05/19 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($121.77) and recent low ($114.40 on 3/27/19) define important near-term support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Household Appliance Firm Quietly Hovers Near All-Time High - 4/18/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
AUDC - NASDAQ
Audiocodes Ltd
ELECTRONICS - Scientific and Technical Instrum  
$16.24 +0.22
1.37%

$16.31

97,106
50.58% of 50 DAV
50 DAV is 192,000
$16.36
-0.70%
3/20/2019 $13.66 PP = $15.06
MB = $15.81
Most Recent Note - 4/18/2019 10:56:22 AM
Y - Volume totals have been light while holding its ground near its "max buy" level and not far from its 52-week high. Prior high ($14.96) defines initial support to watch above its 50 DMA line ($14.02).
>>> FEATURED STOCK ARTICLE : Building a Base and Found Support Near 50-Day Moving Average - 3/20/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$70.08 +0.41
0.59%

$70.68

220,759
74.08% of 50 DAV
50 DAV is 298,000
$69.95
0.19%
3/15/2019 $66.05 PP = $64.90
MB = $68.15
Most Recent Note - 4/18/2019 10:57:28 AM
G - Perched near its "max buy" level and not far from its all-time high. The recent low ($63.34 on 3/27/19) and 50 DMA line ($62.94) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Volume Heavy Behind Rally to New Highs - 3/15/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LHCG - NASDAQ
L H C Group Inc
HEALTH SERVICES - Home Health Care  
$100.21 -0.46
-0.46%

$101.44

275,616
106.83% of 50 DAV
50 DAV is 258,000
$115.54
-13.27%
1/23/2019 $107.29 PP = $107.61
MB = $112.99
Most Recent Note - 4/17/2019 12:48:47 PM
G - Finding prompt support at its 200 DMA line ($99.13) today after a damaging volume-driven loss on the prior session violated the prior low ($106.04 on 3/28/19). Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Sputtering Near 50-Day Moving Average Line - 4/1/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
ENSG - NASDAQ
Ensign Group Inc
HEALTH SERVICES - Long-Term Care Facilities  
$48.71 +0.46
0.95%

$49.13

180,448
55.52% of 50 DAV
50 DAV is 325,000
$54.56
-10.72%
2/7/2019 $48.71 PP = $49.06
MB = $51.51
Most Recent Note - 4/17/2019 5:31:07 PM
G - Undercut prior lows with a loss on higher volume today raising more concerns after it violated its 50 DMA line ($50.30) on the prior session. Only a prompt rebound above the 50 DMA line would help its outlook improve. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Two Damaging Losses Hurt Outlook - 4/17/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LULU - NASDAQ
Lululemon Athletica
MANUFACTURING - Textile Manufacturing  
$173.02 -0.29
-0.17%

$173.66

1,259,503
54.98% of 50 DAV
50 DAV is 2,291,000
$174.64
-0.93%
3/28/2019 $169.20 PP = $164.89
MB = $173.13
Most Recent Note - 4/22/2019 5:42:44 PM
Y - Quietly perched near its all-time high and the previously noted "max buy" level. Stubbornly holding its ground since a "breakaway gap" on 3/28/19 triggered a technical buy signal. Prior highs define initial support to watch above its 50 DMA line ($155).
>>> FEATURED STOCK ARTICLE : Breakway Gap Backed by More Than 6 Times Average Volume - 3/28/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NXST - NASDAQ
Nexstar Media Group Cl A
MEDIA - Broadcasting - TV  
$113.80 -1.50
-1.30%

$115.93

544,089
97.16% of 50 DAV
50 DAV is 560,000
$119.93
-5.11%
2/26/2019 $94.26 PP = $89.76
MB = $94.25
Most Recent Note - 4/18/2019 11:01:36 AM
G - Perched at its all-time high, very extended from any sound base. Disciplined investors avoid chasing stocks more than +5% above the prior high. Its 50 DMA line ($103) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Hitting New High and Very Extended From Prior Base - 4/4/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ULTA - NASDAQ
Ulta Beauty Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$347.41 -3.47
-0.99%

$351.47

525,265
67.78% of 50 DAV
50 DAV is 775,000
$359.69
-3.41%
3/15/2019 $341.27 PP = $322.59
MB = $338.72
Most Recent Note - 4/18/2019 11:04:23 AM
G - Volume totals have been light while stubbornly holding its ground near its all-time high. Its 50 DMA line ($327) defines near term support above prior highs.
>>> FEATURED STOCK ARTICLE : Consolidating Following Big "Breakaway Gap" - 3/19/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
UBNT - NASDAQ
Ubiquiti Networks
TELECOMMUNICATIONS - Diversified Communication Serv  
$170.22 +2.47
1.47%

$170.56

261,144
65.78% of 50 DAV
50 DAV is 397,000
$172.80
-1.49%
2/8/2019 $121.97 PP = $115.54
MB = $121.32
Most Recent Note - 4/17/2019 5:39:55 PM
G - Reversed into the red for a loss today on higher volume after hitting another new all-time high, breaking a streak of 5 consecutive gains backed by average of lighter volume. Extended from any sound base after a big rally. Its prior high ($148.68 on 2/27/19) and its 50 DMA line ($145.87) define near-term support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Extended From Any Sound Bass and Wedging to New Highs - 4/12/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$45.53 +0.44
0.98%

$45.57

380,089
60.52% of 50 DAV
50 DAV is 628,000
$47.94
-5.03%
3/18/2019 $45.84 PP = $45.06
MB = $47.31
Most Recent Note - 4/16/2019 1:17:58 PM
Y - Found support above its 50 DMA line ($43.97) reassuringly on the recent pullback. Still faces some resistance due to overhead supply up to the $50 level. Fundamentals are strong.
>>> FEATURED STOCK ARTICLE : Big Breakout Gain With +350% Above Average Volume - 3/18/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$141.80 +0.15
0.11%

$142.81

909,384
86.12% of 50 DAV
50 DAV is 1,056,000
$141.88
-0.06%
4/11/2019 $132.05 PP = $133.75
MB = $140.44
Most Recent Note - 4/17/2019 5:47:13 PM
Y - Hit yet another new all-time high approaching its "max buy" level with today's 6th consecutive gain, however, the recent gains have lacked great volume conviction. Gains above the pivot point must have at least +40% above average volume to clinch a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Finished Strong After Featured Again in Mid-Day Report - 4/11/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$242.64 +5.24
2.21%

$243.57

1,251,154
73.12% of 50 DAV
50 DAV is 1,711,000
$251.65
-3.58%
4/22/2019 $242.64 PP = $251.75
MB = $264.34
Most Recent Note - 4/22/2019 5:55:43 PM
Y - Color code is changed to yellow after a prompt rebound above the 50 DMA line helped its outlook to improve. New pivot point is cited based on its 3/21/19 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Prior lows ($230.14 on 4/04/19 and $226.71 on 3/08/19) define near-term support to watch. More damaging losses would raise concerns and trigger technical sell signals.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average - 4/15/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$239.28 +3.82
1.62%

$239.56

659,252
48.12% of 50 DAV
50 DAV is 1,370,000
$260.63
-8.19%
2/25/2019 $233.54 PP = $239.60
MB = $251.58
Most Recent Note - 4/22/2019 5:58:37 PM
Y - Posted a gain today with lighter volume, finding support near its 50 DMA line ($238.21) and the prior low ($233.15 on 4/04/19). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Consolidating Above Prior High and 50-Day Average - 4/3/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$327.60 +4.22
1.30%

$328.50

515,440
58.84% of 50 DAV
50 DAV is 876,000
$331.27
-1.11%
3/13/2019 $295.38 PP = $313.37
MB = $329.04
Most Recent Note - 4/22/2019 5:40:04 PM
Y - Hovering near its all-time high with volume totals cooling. It remains below the "max buy" level previously noted. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Hovering Near High With Volume Totals Cooling - 4/22/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$190.19 +1.24
0.66%

$191.66

374,659
58.54% of 50 DAV
50 DAV is 640,000
$193.75
-1.84%
2/6/2019 $171.66 PP = $164.18
MB = $172.39
Most Recent Note - 4/16/2019 5:37:51 PM
G - It has not formed a sound new base of sufficient length but volume totals have been cooling while stubbornly holding its ground. Its 50 DMA line ($181.41) defines important near-term support to watch above prior lows. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Paycom Software Quietly Hovering Near All-Time High - 4/16/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$106.81 -0.55
-0.51%

$107.18

6,387,002
99.15% of 50 DAV
50 DAV is 6,442,000
$109.00
-2.01%
1/24/2019 $92.56 PP = $93.80
MB = $98.49
Most Recent Note - 4/18/2019 12:50:56 PM
G - Pulling back from its all-time high with today's loss on higher volume. Very extended from any sound base after gains lacking great volume conviction in recent weeks. Well above its 50 DMA line ($100.32) which defines support to watch.
>>> FEATURED STOCK ARTICLE : Extended From Base After Gains in Recent Weeks Lacking Volume - 4/2/2019
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ALRM - NASDAQ
Alarm.com Holdings Inc
Security/Sfty  
$68.78 +1.65
2.46%

$68.84

182,684
39.12% of 50 DAV
50 DAV is 467,000
$69.61
-1.19%
1/22/2019 $60.52 PP = $60.30
MB = $63.32
Most Recent Note - 4/22/2019 5:50:00 PM
G - Posted a gain today with light volume. Recently wedging to new highs with gains lacking great volume conviction. Found prompt support near the 50 DMA line after it reported earnings +12% on +25% sales revenues for the Dec '18 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Average Following Sub Par Report - 3/29/2019
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PLNT - NYSE
Planet Fitness Inc Cl A
Leisure-Services  
$73.75 +0.34
0.46%

$73.85

787,446
56.49% of 50 DAV
50 DAV is 1,394,000
$74.60
-1.14%
11/7/2018 $57.10 PP = $55.45
MB = $58.22
Most Recent Note - 4/18/2019 11:02:36 AM
G - Holding its ground near its all-time high, very extended from any sound base. Its 50 DMA line (65.22) defines near-term support above prior highs in the $59-60 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Perched Near High Very Extended From Prior Base - 4/5/2019
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TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$103.75 +1.81
1.78%

$104.25

2,518,433
170.97% of 50 DAV
50 DAV is 1,473,000
$117.06
-11.37%
4/16/2019 $114.77 PP = $116.80
MB = $122.64
Most Recent Note - 4/22/2019 12:46:31 PM
G - Gapped down on the prior session violating its 50 DMA line ($108.79) and triggering a technical sell signal with a big volume-driven loss. A prompt rebound above the 50 DMA line is needed for its outlook to improve. Reported earnings +133% on +38% sales revenues for the Mar '19 quarter, continuing its strong earnings track record. Volume and volatility often increase near earnings news. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Perched Near High Enduring Distributional Pressure - 4/9/2019
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Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
GLOB - NYSE
Globant SA
Computer-Tech Services  
$80.09 +1.49
1.90%

$80.39

104,162
51.31% of 50 DAV
50 DAV is 203,000
$82.93
-3.43%
2/15/2019 $69.35 PP = $70.00
MB = $73.50
Most Recent Note - 4/22/2019 5:52:01 PM
G - Extended from any sound base and perched near its all-time high with volume totals cooling. Near-term support is at its prior high ($74) and its 50 DMA line ($72.19) . Violations would raise concerns and trigger technical sell signals.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Average Quietly Perched Near High - 3/26/2019
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TTD - NASDAQ
The Trade Desk Inc Cl A
Comml Svcs-Advertising  
$211.03 +12.29
6.18%

$212.00

1,492,516
91.45% of 50 DAV
50 DAV is 1,632,000
$214.70
-1.71%
4/22/2019 $211.03 PP = $214.80
MB = $225.54
Most Recent Note - 4/22/2019 5:48:08 PM
Y - Posted a big gain today with near average volume for its second-best close ever. Color code is changed to yellow with new pivot point cited based on its 3/22/19 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Consolidated in an orderly fashion above its 50 DMA line ($190) which defines initial support to watch above the prior low ($178.30 on 3/27/19).
>>> FEATURED STOCK ARTICLE : Hit Another New All-Time High Getting Extended From Prior Base - 3/21/2019
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