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 Sunday, February 18, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - THURSDAY, SEPTEMBER 20TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +251.22 26,656.98 +0.95% Volume 815,142,450 -1% Volume 2,271,317,470 +6%
NASDAQ +78.19 8,028.23 +0.98% Advancers 1,999 67% Advancers 2,212 73%
S&P 500 +22.80 2,930.75 +0.78% Decliners 969 33% Decliners 824 27%
Russell 2000 +17.25 1,720.18 +1.01% 52 Wk Highs 88   52 Wk Highs 90  
S&P 600 +9.62 1,079.92 +0.90% 52 Wk Lows 93   52 Wk Lows 51  

Dow Jones Industrial Average Hit a New Record High

Stocks finished firmly higher Thursday. The Dow added 251 points to 26656 while the S&P 500 climbed 22 points to 2930. The Nasdaq Composite gained 78 points to 8028. The volume totals reported were mixed, lighter on the NYSE and higher on the Nasdaq exchange versus the prior session's totals. Breadth was positive as advancers led decliners by a 2-1 margin on the NYSE and 11-4 on the Nasdaq exchange. There were 31 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 33 on the prior session. New 52-week lows totals outnumbered new 52-week highs on the NYSE while new highs outnumbered new lows on the Nasdaq exchange. The major indices (M criteria) remain in a confirmed uptrend with a healthy crop of stocks hitting new highsThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average hit a new record high.

The Dow and S&P 500 closed at record levels as a rebound in Technology shares helped propel the major averages higher. On the data front, initial jobless claims came in at 201,000 for the most recent week, remaining near the lowest point in 50 years. An update from the Conference Board showed the U.S. leading index climbed 0.4% in the month of August, slightly below projections of a 0.5% gain. In a separate release, existing home sales remained flat in August.

Ten of 11 S&P 500 sectors finished in positive territory. Technology shares were up the most as Intel (INTC +2.28%) and Microsoft (MSFT +1.67%) rose. Materials, Healthcare, and Financials also outperformed on the session. Consumer Staples provided a tailwind to the market as Proctor & Gamble (PG +1.62%) and Coca-Cola (KO +1.48%) rose. The Energy sector was the lone decliner on the day in sympathy with lower oil prices.

Treasuries were little changed, with the yield on the 10-year note unchanged at 3.07%. In commodities, WTI crude fell 0.3% to $70.80/barrel after President Trump advised OPEC to increase production to help stabilize prices. COMEX gold added 0.3% to $1207.20/ounce amid a weaker dollar.

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.


Financial, Retail, Tech, and Oil Services Indexes Rose

The Broker/Dealer Index ($XBD +0.94%) and the Bank Index ($BKX +1.21%) posted solid gains on Thursday while the Retail Index ($RLX +0.46%) followed with a smaller gain. The Oil Services Index ($OSX +0.89%) outpaced the Integrated Oil Index ($XOI +0.04%and Gold & Silver Index ($XAU +0.16%)The tech sector had a positive bias as the Biotech Index ($BTK +2.12%), Semiconductor Index ($SOX +1.17%), and the Networking Index ($NWX +0.61%) ended higher.

Charts courtesy of www.stockcharts.com

PICTURED: The Biotech Index ($BTK +2.12%) rebounded above its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  145.10 +1.28 +0.89% -2.98%
Integrated Oil $XOI  1,510.51 +0.65 +0.04% +13.10%
Semiconductor $SOX  1,387.67 +15.99 +1.17% +10.74%
Networking $NWX  569.93 +3.46 +0.61% +16.19%
Broker/Dealer $XBD  277.18 +2.57 +0.94% +4.50%
Retail $RLX  2,408.00 +10.94 +0.46% +38.89%
Gold & Silver $XAU  66.79 +0.10 +0.15% -21.67%
Bank $BKX  110.54 +1.32 +1.21% +3.59%
Biotech $BTK  5,239.64 +108.57 +2.12% +24.10%


Perched Within Close Striking Distance of New Pivot Point

FleetCor Technologies, Inc (FLT +$2.25 or +1.02% to $222.18) recently rebounded above its 50-day moving average (DMA) line ($217.81) helping its outlook improve. A new pivot point was cited based on its 7/25/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The prior low ($210.64 on 8/03/18) defines important near-term support above its 200 DMA line($202). Fundamentals remain strong.

Recently it reported earnings +29% on +8% sales revenues for the Jun '18 quarter, its 3rd consecutive quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has been strong, a good match with the fact-based investment system's guidelines.

It last appeared in this FSU section on 8/03/18 with annotated graphs under the headline, "Testing 50-Day Average With Loss on Higher Volume". It was highlighted in yellow with pivot point cited based on its 1/25/18 high plus 10 cents in the 6/18/18 mid-day report (read here). It triggered a technical buy signal as it hit new highs with a "breakaway gap" and considerable volume-driven gain clearing previously stubborn resistance in the $212-213 area.

The number of top-rated funds owning its shares rose from 665 in Mar '15 to 1,030 in Jun '18, a reassuring sign concerning the I criteria. Its Relative Strength Rating is 80, above the 80+ minimum guideline for buy candidates. However its current Up/Down Volume Ratio of 1.4 is an unbiased indication that over the past 50 days it has been under accumulation. It now has a Timeliness Rating of A and a Sponsorship rating of B.

The company hails from the Finance - Credit Card Payment Processing group which saw gains in recent months from Visa (V) and MasterCard (MA). Impressive strength and leadership from other firms in the same industry group is a reassurance concerning the L criteria. The company completed a Secondary Offering on 9/11/13. Prior Secondary Offerings on 3/14/12, 6/11/12, 11/29/12, and 3/08/13 were previously noted, "Such offerings often are a short-term hindrance to upward price progress yet typically result in broader institutional ownership interest."

Charts 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
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$15.35 +0.10
0.66%

$15.55

68,355
87.30% of 50 DAV
50 DAV is 78,300
$16.30
-5.83%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 9/19/2018 12:40:14 PM
G - Edged below its 50 DMA line ($15.24) with a loss on higher volume on the prior session raising concerns. The prior low ($14) and 200 DMA line define additional near-term support. Its Relative Strength Rating is 72, below the 80+ minimum guideline for buy candidates. Met stubborn resistance after hitting a new high on 7/26/18 with a big volume-driven gain. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Bank Perched Less Than -5% Off Record High - 8/23/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$327.67 +8.45
2.65%

$329.45

431,405
107.58% of 50 DAV
50 DAV is 401,000
$333.74
-1.82%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 9/20/2018 5:20:06 PM
Y - Posted a solid gain today, rising from its 50 DMA line ($317.92) and challenging prior highs. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a convincing new technical buy signal.
>>> FEATURED STOCK ARTICLE : Bank Posted Quiet Gain for a Best-Ever Close - 8/27/2018
 |  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  
$174.78 +2.08
1.20%

$175.19

300,404
81.19% of 50 DAV
50 DAV is 370,000
$179.47
-2.61%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 9/17/2018 6:02:50 PM
G - Loss today on lighter volume broke a streak of 6 consecutive gains into new high territory. Prior high in the $161 area defines initial support above its 50 DMA line ($158) Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Big Gain for New High Backed by Heavy Volume - 8/7/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$138.72 -0.34
-0.24%

$139.79

239,751
52.81% of 50 DAV
50 DAV is 454,000
$144.19
-3.79%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 9/14/2018 3:34:24 PM
G - Color code is changed to green while wedging above its "max buy" level with a streak of small gains backed by light volume. Prior highs in the $137 area define near term support along with its 50 DMA line ($134.63). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Tech Services Firm Remains Fundamentally and Technically Strong - 8/20/2018
 |  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  
$106.29 -6.85
-6.05%

$113.52

992,164
104.00% of 50 DAV
50 DAV is 954,000
$118.75
-10.49%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 9/20/2018 5:16:36 PM
Y - Suffered a big loss today on higher (near average) volume as it slumped back below its pivot point and finished near the session low. Prior low ($99.73 on 9/07/18) defines important near-term support to watch. Very little resistance remains due to overhead supply.
>>> FEATURED STOCK ARTICLE : Household Appliance Maker Rallied From Choppy Base - 8/29/2018
 |  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
TSC - NASDAQ
TriState Capital Hld Inc
CONSUMER NON-DURABLES - Personal Products  
$28.45 +0.20
0.71%

$28.60

275,979
169.31% of 50 DAV
50 DAV is 163,000
$30.10
-5.48%
9/11/2018 $29.75 PP = $30.20
MB = $31.71
Most Recent Note - 9/18/2018 6:01:12 PM
G - Sputtering after violating its 50 DMA line with volume-driven losses last week. A rebound above the 50 DMA line ($28.87) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : TriState Bank Perched Near All-Time High - 9/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$222.18 +2.25
1.02%

$222.40

342,680
60.65% of 50 DAV
50 DAV is 565,000
$225.92
-1.66%
9/12/2018 $221.01 PP = $226.02
MB = $237.32
Most Recent Note - 9/20/2018 5:13:46 PM
Y - Finished perched only -1.7% off its record high. Volume totals have been cooling in recent weeks while consolidating above its 50 DMA line ($217.81). New pivot point cited was based on its 7/25/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The prior low ($210.64 on 8/03/18) defines important near-term support above its 200 DMA line ($202). Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Perched Within Close Striking Distance of New Pivot Point - 9/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MA - NYSE
Mastercard Inc Cl A
Finance-CrdtCard/PmtPr  
$221.39 +3.20
1.47%

$221.92

3,104,198
99.21% of 50 DAV
50 DAV is 3,129,000
$221.41
-0.01%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/18/2018 3:22:21 PM
G - Color code is changed to green while rising above its "max buy" level and quietly hitting another new all-time high with today's gain on light volume. Its 50 DMA line ($207.55) defines support above the prior lows in the $193-196 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Found Support Near 50-Day Moving Average Line - 8/10/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
V - NYSE
Visa Inc Cl A
Finance-CrdtCard/PmtPr  
$149.24 +1.82
1.23%

$149.49

7,058,894
96.90% of 50 DAV
50 DAV is 7,285,000
$148.82
0.28%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 9/18/2018 6:01:46 PM
G - Very extended from any sound base. Its 50 DMA line ($141) and recent low ($135.31 on 7/30/18) define important near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Visa Near Record but Endured Distributional Pressure - 9/13/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NANO - NASDAQ
Nanometrics Inc
ELECTRONICS - Scientific and Technical Instrum  
$36.50 +0.74
2.07%

$36.72

267,209
63.77% of 50 DAV
50 DAV is 419,000
$48.26
-24.37%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 9/18/2018 3:15:11 PM
G - Today's loss has it slumping further below its 50 DMA line ($40) adding to recent volume-driven losses raising concerns. A rebound above the 50 DMA line is needed for its outlook to improve. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Five Times Average Volume Behind Breakout Gain - 8/13/2018
 |  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
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$62.65 +1.25
2.04%

$63.10

432,975
161.68% of 50 DAV
50 DAV is 267,800
$64.80
-3.32%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 9/20/2018 12:52:12 PM
Y - Found prompt support today near its 50 DMA line ($60.79). Still perched near its all-time high, stubbornly holding its ground. in recent weeks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Earnings News Due for Financial Firm Perched Near High - 8/6/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$838.94 +2.94
0.35%

$840.50

8,473
70.61% of 50 DAV
50 DAV is 12,000
$874.00
-4.01%
9/14/2018 $820.45 PP = $874.10
MB = $917.81
Most Recent Note - 9/18/2018 12:49:26 PM
Y - New pivot point cited was based on its 8/27/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The 50 DMA line ($802) and recent low ($760 on 8/15/18) define important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Best Ever Close After a Solid Gain on Higher Volume - 9/4/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIZZ - NASDAQ
National Beverage Corp
FOOD and BEVERAGE - Beverages - Soft Drinks  
$114.92 +0.81
0.71%

$115.49

130,605
68.52% of 50 DAV
50 DAV is 190,600
$127.32
-9.74%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/18/2018 3:17:36 PM
Y - Met resistance near its old high and it has been slumping near its 50 DMA line ($112). Subsequent gains above the pivot point for a a new high (N criteria) backed by at least +40% above average volume may trigger a proper technical buy signal. Fundamentals through Jun '18 have been strong.
>>> FEATURED STOCK ARTICLE : Strong Beverage Firm Challenges Prior High - 9/6/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ODFL - NASDAQ
Old Dominion Fght Line
TRANSPORTATION - Trucking  
$158.19 -2.97
-1.84%

$161.86

873,174
147.00% of 50 DAV
50 DAV is 594,000
$170.22
-7.07%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 9/14/2018 3:40:25 PM
Y - Volume totals have been cooling while stubbornly holding its ground. Prior highs in the $164 area define initial support to watch after aain above the pivot point on 9/06/18 backed by +80% above average volume triggered a technical buy signal.
>>> FEATURED STOCK ARTICLE : Trucking Firm Perched at All-Time High - 9/7/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$282.71 +3.24
1.16%

$283.62

611,430
105.24% of 50 DAV
50 DAV is 581,000
$305.34
-7.41%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 9/18/2018 3:19:48 PM
Y - Color code is changed to yellow as a rebound above the 50 DMA line ($282.87) with today's gain helped its outlook to improve.
>>> FEATURED STOCK ARTICLE : Pulling Back After Wedging Gains for Highs Lacked Great Volume - 9/5/2018
 |  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
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$126.56 +0.12
0.09%

$128.08

819,264
86.06% of 50 DAV
50 DAV is 952,000
$136.13
-7.03%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/19/2018 5:37:43 PM
G - Pulling back after getting very extended from any sound base. Earnings rose +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Its 50 DMA line ($110.51) and prior high ($109.09 on 7/19/18) define important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Perched Near Record High - 8/16/2018
 |  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  
$187.35 +1.35
0.73%

$188.94

2,876,246
156.74% of 50 DAV
50 DAV is 1,835,000
$206.30
-9.18%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 9/19/2018 12:37:56 PM
G - Violated its 50 DMA line ($189.45) with today's 4th consecutive loss backed by above average volume triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve. Recent low ($174.35 on 7/31/18) defines important near-term support above its 200 DMA line. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Slump Below 50-Day Average Line Raises Concerns - 8/17/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NVEE - NASDAQ
N V 5 Global Inc
Comml Svcs-Consulting  
$89.35 -0.80
-0.89%

$91.85

45,230
58.74% of 50 DAV
50 DAV is 77,000
$92.75
-3.67%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/18/2018 3:26:22 PM
G - Volume totals have been cooling while stubbornly holding its ground perched near its all-time high. Completed a new Public Offering on 8/09/18. Its 50 DMA line ($82.67) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Remains Perched Near All-Time High Following Offering - 8/21/2018
 |  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  
$230.01 +0.99
0.43%

$231.67

653,068
54.06% of 50 DAV
50 DAV is 1,208,000
$239.50
-3.96%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/19/2018 5:41:08 PM
G - Pulling back from its all-time high with losses on lighter than average volume. Extended from any sound base. Its 50 DMA line ($218.11) and prior high ($219.38 on 7/13/18) define important near term support to watch. Reported +39% earnings on +29% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High With Volume Totals Cooling - 9/17/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$87.35 -0.60
-0.68%

$88.50

307,304
92.28% of 50 DAV
50 DAV is 333,000
$98.30
-11.14%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 9/19/2018 5:43:31 PM
G - Undercut its 50 DMA line ($90.38) raising concerns and its color code is changed to green. The recent low ($82.91 on 8/15/18) defines the next important near term support to watch. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent volume-driven gains above the pivot point are needed to trigger a technical buy signal.
>>> FEATURED STOCK ARTICLE : Cloud Security Firm Faces Some Near Term Resistance - 9/3/2018
 |  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
ANET - NYSE
"Arista Networks, Inc"
TELECOMMUNICATIONS - Communication Equipment  
$273.05 +2.85
1.05%

$274.05

740,009
66.08% of 50 DAV
50 DAV is 1,119,900
$313.37
-12.87%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/18/2018 6:03:57 PM
G - Found support at its 200 DMA line ($263) and volume totals have been cooling, but more damaging losses would raise serious concerns. Its Relative Strength Rating has slumped to 76. Subsequent gains above its 50 DMA line ($273) are needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Considerable Gap Up Gain With Heavy Volume - 8/24/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$153.48 -0.15
-0.10%

$155.90

1,112,398
145.60% of 50 DAV
50 DAV is 764,000
$164.08
-6.46%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 9/18/2018 5:53:08 PM
G - Perched near its all-time high, very extended from any sound base. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Very Extended From Base After Impressive Rally - 9/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$137.21 +0.65
0.48%

$138.61

1,139,556
81.05% of 50 DAV
50 DAV is 1,406,000
$149.35
-8.13%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 9/19/2018 5:35:11 PM
Y - Pulled back today with heavier volume indicative of distributional pressure. Recent gains lacked great volume conviction. Gains above the pivot point backed by at least +40% above average volume are needed to trigger a proper new (or add-on) technical buy signal. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Wedged Higher Then Fell Below Pivot Point With Heavier Volume - 9/19/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$93.05 +0.69
0.75%

$94.13

501,521
75.30% of 50 DAV
50 DAV is 666,000
$99.99
-6.94%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 9/17/2018 4:49:55 PM
G - Pulled back today with near average volume. Extended from any sound base, its 50 DMA line ($85.60) and prior highs in the $82-83 area define support to watch.
>>> FEATURED STOCK ARTICLE : Very Extended From Any Sound Base After Streak of Gains - 9/10/2018
 |  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  
$90.60 +1.29
1.44%

$90.78

6,415,447
87.80% of 50 DAV
50 DAV is 7,307,000
$93.70
-3.31%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 9/17/2018 5:58:21 PM
Y - Posted a 3rd consecutive loss with above average volume and its color code is changed to yellow after falling back below its "max buy" level. Its 50 DMA line ($88.07) defines support above prior lows in the $80-81 area.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Near High - 9/12/2018
 |  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
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$93.10 +0.30
0.32%

$94.01

377,538
62.10% of 50 DAV
50 DAV is 608,000
$94.70
-1.69%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 9/14/2018 3:42:06 PM
G - Perched at its all-time high, extended from any sound base. Prior highs in the $77 area define support along with its 50 DMA line ($77.57). Reported earnings +48% on +13% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Hitting New Highs With More Volume-Driven Gains - 8/22/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$72.30 -0.30
-0.41%

$73.55

357,246
179.52% of 50 DAV
50 DAV is 199,000
$78.85
-8.31%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/17/2018 5:59:42 PM
G - Consolidating well above its 50 DMA line ($70.55) and prior highs in the $68-69 area defining important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Electronic Systems Leader is Extended From Prior Base - 8/30/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$91.32 +1.39
1.55%

$91.50

1,169,636
83.66% of 50 DAV
50 DAV is 1,398,000
$95.00
-3.87%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 9/17/2018 4:51:09 PM
G - Pulled back from its all-time high today with average volume. Extended from any sound base. The 50 DMA line ($77.95) defines near-term support to watch on pullbacks. Fundamentals through Jun '18 have been strong.
>>> FEATURED STOCK ARTICLE : Extended From Base and Hitting Another New High - 9/14/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$36.97 +1.10
3.07%

$37.00

1,221,836
134.12% of 50 DAV
50 DAV is 911,000
$38.66
-4.37%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 9/20/2018 5:18:45 PM
G - Posted a solid gain today with above average volume and finished near the session high. Hovering near its all-time high. Prior highs in the $32 area define initial support to watch above its 50 DMA line ($31.74).
>>> FEATURED STOCK ARTICLE : Strength Returned After Finding Support Near Prior Lows - 8/14/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 

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. This site is 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 Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.

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