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 Tuesday, February 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - FRIDAY, SEPTEMBER 28TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +18.38 26,458.31 +0.07% Volume 956,451,240 +27% Volume 2,316,431,840 +11%
NASDAQ +4.38 8,046.35 +0.05% Advancers 1,658 56% Advancers 1,612 54%
S&P 500 -0.02 2,913.98 -0.00% Decliners 1,305 44% Decliners 1,377 46%
Russell 2000 +6.04 1,696.57 +0.36% 52 Wk Highs 63   52 Wk Highs 87  
S&P 600 +4.30 1,061.92 +0.41% 52 Wk Lows 133   52 Wk Lows 89  

Major Indices Rose With Better Leadership

Stocks end higher Friday. The Dow gained 18 points to 26458 while the S&P 500 was essentially unchanged at 2913. The Nasdaq Composite climbed 4 points to 8046. The volume totals reported were higher on the NYSE and on the Nasdaq exchange versus the prior session. Advancers led decliners by more than an 8-7 margin on the NYSE and on the Nasdaq exchange. There were 38 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 23 on the prior session. New 52-week lows outnumbered new 52-week highs on the NYSE and 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 is perched near its record high.

The major averages closed out the week mostly lower, but ended the quarter and month on a positive note. Friday’s session left the Dow with a 1.1% weekly decline and the S&P 500 lost 0.5%. The Nasdaq, however, finished the week 0.7% higher. The Dow added 1.9% in September and 9.0% higher for the quarter. The S&P 500 gained 0.4% for the month and notched its best quarterly performance since 2013, gaining 7.2%. Despite the Nasdaq’s 0.8% September decline, the tech-heavy sector finish the quarter up 7.1%. On the data front, the core PCE deflator, which is the Fed’s preferred measure of inflation, increased 2.2% year-over-year in August. Separately, personal spending rose 0.3% in August.

Gains in the Utilities and Real Estate sectors were countered by losses in Financials and Materials. Chipmakers outperformed with Intel (INTC +3.0%) rising. NVIDIA (NVDA +5.1%) rose following an analyst upgrade. In other corporate news, Facebook (FB -2.7%) fell after the social media company announced a security breach that affected 50 million users.

Treasuries were mixed, with the yield on the 10-year note up one basis point to 3.06%. In commodities, WTI crude added 1.9% to $73.48/barrel. COMEX gold gained 0.8% to $1,191.50/ounce despite a stronger 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.


Semiconductor, Networking, Oil Services, and Gold & Silver Index Rose

The Bank Index ($BKX -0.90%) and the Broker/Dealer Index ($XBD -0.74%) both ended lower and thRetail Index ($RLX -0.14%) also finished slightly in the red on Friday. The Biotech Index ($BTK -0.36%) edged lower while the Semiconductor Index ($SOX +0.65%) and the Networking Index ($NWX +0.90%) posted gainsThe Gold & Silver Index ($XAU +0.91%) and the Oil Services Index ($OSX +0.35%) rose, but the Integrated Oil Index ($XOI -0.33%) ended the session slightly in the red 

Charts courtesy of www.stockcharts.com

PICTURED: The Networking Index ($NWX +0.90%) found support above its 50-day moving average (DMA) line during the recent consolidation and is perched near its record high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  149.48 +0.52 +0.35% -0.05%
Integrated Oil $XOI  1,555.81 -5.11 -0.33% +16.49%
Semiconductor $SOX  1,366.74 +8.87 +0.65% +9.07%
Networking $NWX  572.12 +4.54 +0.80% +16.63%
Broker/Dealer $XBD  265.88 -1.98 -0.74% +0.24%
Retail $RLX  2,435.00 -3.38 -0.14% +40.45%
Gold & Silver $XAU  65.18 +0.59 +0.91% -23.56%
Bank $BKX  104.87 -0.95 -0.90% -1.72%
Biotech $BTK  5,381.09 -19.24 -0.36% +27.45%


Rebound Above 50-Day Average Needed For Outlook to Improve

Nanometrics Inc (NANO +$1.07 or +2.94% to $37.52) has slumped well below its 50-day moving average (DMA) line ($39.97) with recent volume-driven losses raising concerns. The prior low ($34.72 on 6/28/18) defines important near-term support above its 200 DMA line. A rebound above the 50 DMA line is needed for its outlook to improve. 

It was highlighted in yellow with pivot point cited based on its 6/06/18 high plus 10 cents in the 8/13/18 mid-day report (read here). It hit a new 52-week high with a big gain backed by 5 times average volume, rallying from a cup shaped base and triggering a technical buy signal. It was last shown in this FSU section on 8/13/18 with an annotated graph under the headline, "Five Times Average Volume Behind Breakout Gain". 

It has earned the highest possible earnings Per Share Rating of 99, a sign of an exceptionally strong earnings growth track record. Fundamentals remain strong. Recent quarters through Jun '18 showed much better sales and earnings increases versus the year earlier. Annual earnings (A criteria) have improved greatly since a downturn and losses FY '13 and '14.

The small number of only 24.1 million shares outstanding (S criteria) can contribute to greater volatility in the event of institutional buying or selling. The high-ranked Electronics - Semiconductor Equipment firm saw the number of top-rated funds owning its shares fall from 318 in Sep '17 to 313 in Jun '18. The current Up/Down Volume Ratio of 1.0 is an indication its shares have been neutral concerning accumulation/distribution over the past 50 days. It has earned a B Timeliness rating and a B Sponsorship Rating.
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
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$15.45 +0.05
0.32%

$15.60

539,109
593.73% of 50 DAV
50 DAV is 90,800
$16.30
-5.21%
9/24/2018 $15.38 PP = $16.40
MB = $17.22
Most Recent Note - 9/28/2018 12:17:47 PM
Y - Churning above average volume recently without making meaningful price progress, action indicative of distributional pressure. Building a new base, consolidating above its 50 DMA line ($15.35). Prior lows and its 200 DMA line define additional near-term support. Its Relative Strength Rating is 76, 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  
$310.83 -2.30
-0.73%

$313.14

456,881
113.94% of 50 DAV
50 DAV is 401,000
$333.74
-6.86%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 9/25/2018 3:25:46 PM
Y - Consolidating above its 50 DMA line ($319.29) and perched within close striking distance of its all-time high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a convincing new technical buy signal. The recent low ($314.03 on 9/13/18) defines the next important near-term support to watch on pullbacks.
>>> 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 
GMED - NYSE
Globus Medical Inc Cl A
CHEMICALS - Specialty Chemicals  
$56.76 +0.52
0.92%

$56.97

709,352
126.67% of 50 DAV
50 DAV is 560,000
$57.55
-1.37%
9/26/2018 $56.11 PP = $57.65
MB = $60.53
Most Recent Note - 9/27/2018 11:25:01 AM
Y - Finished near the middle of its intra-day range after highlighted in yellow with pivot point cited based on its 6/06/18 high plus 10 cents in the prior mid-day report. Perched within close striking distance of its all-time high following volume-driven gains. Subsequent gains above the pivot point backed by more than +40% above average volume are needed to trigger a proper technical buy signal. Reported earnings +38% on +14% sales revenues for the Jun '18 quarter. The Medical - Products firm has technology to treat patients with spine disorders. Reported earnings +38% on +14% sales revenues for the Jun '18 quarter, its 2nd strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been steady. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Rallying Near Pivot Point With Volume-Driven Gains - 9/26/2018
 |  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  
$176.83 -1.41
-0.79%

$178.88

268,277
73.70% of 50 DAV
50 DAV is 364,000
$179.47
-1.47%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 9/24/2018 5:11:07 PM
G - Hovering near its all-time high. Prior high in the $161 area defines support coinciding with its 50 DMA line. Fundamentals remain strong. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Hovering Near All-Time High With Strong Fundamentals - 9/24/2018
 |  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  
$137.70 +0.28
0.20%

$138.66

198,279
45.69% of 50 DAV
50 DAV is 434,000
$144.19
-4.50%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 9/25/2018 3:14:37 PM
Y - Color code is changed to yellow while quietly sputtering just below its "max buy" level. Volume totals have been cooling in recent weeks after a bout of distributional pressure. Prior highs in the $137 area define near term support along with its 50 DMA line ($135.68). 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 
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
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$109.92 +1.20
1.10%

$110.48

413,642
41.66% of 50 DAV
50 DAV is 993,000
$118.75
-7.44%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 9/25/2018 2:58:20 PM
Y - Posting a 2nd consecutive quiet gain today after slumping below its pivot point raising concerns. 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 
TSC - NASDAQ
TriState Capital Hld Inc
CONSUMER NON-DURABLES - Personal Products  
$27.60 +0.35
1.28%

$27.60

323,757
175.95% of 50 DAV
50 DAV is 184,000
$30.10
-8.31%
9/11/2018 $29.75 PP = $30.20
MB = $31.71
Most Recent Note - 9/24/2018 4:23:05 PM
G - Failing to rebound after recently violating its 50 DMA line. A rebound above the 50 DMA line ($29.03) 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  
$227.84 +0.42
0.18%

$230.13

884,218
166.52% of 50 DAV
50 DAV is 531,000
$228.04
-0.09%
9/12/2018 $221.01 PP = $226.02
MB = $237.32
Most Recent Note - 9/25/2018 3:19:11 PM
Y - Challenging its record high with today's gain on light volume. Its 50 DMA line ($218.08) defines near-term support to watch on pullbacks. 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.
>>> 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  
$222.61 +0.30
0.13%

$223.69

2,954,912
93.45% of 50 DAV
50 DAV is 3,162,000
$224.36
-0.78%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/27/2018 6:20:10 PM
G - Stubbornly holding its ground at its all-time high, extended from any sound base. Its 50 DMA line ($209.77) defines important near-term support. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Hovering Near High, Extended From Any Sound Base - 9/27/2018
 |  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  
$150.09 +0.07
0.05%

$150.37

6,006,919
82.97% of 50 DAV
50 DAV is 7,240,000
$150.64
-0.37%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 9/24/2018 4:24:15 PM
G - Perched near its all-time high, very extended from any sound base. Its 50 DMA line ($142.77) 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 
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
NANO - NASDAQ
Nanometrics Inc
ELECTRONICS - Scientific and Technical Instrum  
$37.52 +1.07
2.94%

$37.65

348,674
81.28% of 50 DAV
50 DAV is 429,000
$48.26
-22.25%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 9/24/2018 4:29:26 PM
G - Slumped well below its 50 DMA line ($40) with recent volume-driven losses raising concerns. Prior low ($34.72 on 6/28/18) defines important near-term support above its 200 DMA line. A rebound above the 50 DMA line is needed for its outlook to improve. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Average Needed For Outlook to Improve - 9/28/2018
 |  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  
$60.95 +0.15
0.25%

$62.30

192,351
70.02% of 50 DAV
50 DAV is 274,700
$64.80
-5.94%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 9/21/2018 7:22:22 PM
Y - It found support recently near its 50 DMA line ($60.85). Still perched near its all-time high, stubbornly holding its ground. in recent weeks. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average - 9/21/2018
 |  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  
$862.56 -2.50
-0.29%

$871.10

20,120
167.67% of 50 DAV
50 DAV is 12,000
$874.00
-1.31%
9/14/2018 $820.45 PP = $874.10
MB = $917.81
Most Recent Note - 9/28/2018 12:38:49 PM
Y - Perched near its all-time high. Held its ground in a tight range in recent weeks. New pivot point cited was based on its 8/27/18 high plus 10 cents. Subsequent gains above the pivot point back by at least +40% above average volume may trigger a new (or add-on) technical buy signal. The recent low ($818 on 9/17/18) and 50 DMA line ($813) 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  
$116.62 +2.36
2.07%

$117.19

255,156
133.87% of 50 DAV
50 DAV is 190,600
$127.32
-8.40%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/27/2018 6:22:07 PM
Y - Color code is changed to yellow after today's prompt rebound above the 50 DMA line ($113.30) helped its outlook improve. Subsequent gains above the pivot point for a new high (N criteria) backed by at least +40% above average volume are still needed to 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 
ABMD - NASDAQ
Abiomed Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$449.75 +6.86
1.55%

$455.40

696,236
110.87% of 50 DAV
50 DAV is 628,000
$454.00
-0.94%
9/25/2018 $441.96 PP = $451.03
MB = $473.58
Most Recent Note - 9/25/2018 6:29:02 PM
Y - Finished strong today with above average volume behind a 3rd consecutive gain in a 6 session winning streak. Color code was changed to yellow with new pivot point cited based on its 6/20/18 high plus 10 cents in the earlier mid-day report. Subsequent gains for a new high (N criteria) above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported Jun '18 quarterly earnings +73% on +36% sales revenues. The past 7 quarterly comparisons had earnings above the +25% minimum guideline (C criteria). Downturn in FY '14 annual earnings (A criteria) history was noted as a concern, yet its growth rate afterward has been great. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Quick Rebound Near Prior High - 9/25/2018
 |  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
ODFL - NASDAQ
Old Dominion Fght Line
TRANSPORTATION - Trucking  
$161.26 +0.59
0.37%

$161.67

327,141
54.71% of 50 DAV
50 DAV is 598,000
$170.22
-5.26%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 9/21/2018 1:05:14 PM
Y - Enduring distributional pressure this week, undercutting prior highs in the $164 area. Raised concerns while completely negating the recent technical breakout and slumping back into the prior base.
>>> 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  
$294.80 +1.35
0.46%

$297.56

408,932
71.00% of 50 DAV
50 DAV is 576,000
$305.34
-3.45%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 9/27/2018 6:25:01 PM
Y - Found prompt support in recent weeks, consolidating above its 50 DMA line ($283.89) and near the previously cited pivot point.
>>> 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 
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$130.06 +1.40
1.09%

$130.88

600,359
63.20% of 50 DAV
50 DAV is 950,000
$136.13
-4.46%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/25/2018 3:16:17 PM
G - Remains very extended from any sound base, well above its 50 DMA line ($112) and prior high ($109.09 on 7/19/18) defining near-term support to watch. Earnings rose +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> 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  
$195.63 +0.55
0.28%

$197.80

1,201,657
63.58% of 50 DAV
50 DAV is 1,890,000
$206.30
-5.17%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 9/25/2018 2:52:35 PM
Y - Found prompt support and rebounded above the 50 DMA line ($189.59) helping its outlook improve, and its color code is changed to yellow. 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  
$86.70 +1.50
1.76%

$86.75

70,958
84.47% of 50 DAV
50 DAV is 84,000
$92.75
-6.52%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/26/2018 6:43:32 PM
G - Slumped below its 50 DMA line ($84.53) with a big volume-driven loss today triggering a technical sell signal. Only a prompt rebound would help its outlook improve.
>>> 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 
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
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$225.26 -0.51
-0.23%

$228.11

1,108,139
91.13% of 50 DAV
50 DAV is 1,216,000
$239.50
-5.95%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/25/2018 3:22:11 PM
G - Volume totals in recent weeks have been cooling while holding its ground stubbornly near its all-time high. It is extended from any sound base. Its 50 DMA line ($219.31) coincides with the prior high ($219.38 on 7/13/18) defining important near term support to watch. Fundamentals remain strong.
>>> 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  
$89.10 +0.55
0.62%

$89.75

169,093
49.30% of 50 DAV
50 DAV is 343,000
$98.30
-9.36%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 9/25/2018 2:54:16 PM
Y - Rebounding above its 50 DMA line ($90) helping its outlook improve and its color code is changed to yellow. The recent low ($82.91 on 8/15/18) defines the next important near term support to watch. 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 
ANET - NYSE
"Arista Networks, Inc"
TELECOMMUNICATIONS - Communication Equipment  
$265.86 +0.53
0.20%

$269.00

475,876
40.88% of 50 DAV
50 DAV is 1,164,100
$313.37
-15.16%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/26/2018 6:41:33 PM
G - Slumped to a close below its 200 DMA line ($265) today raising more serious concerns. Only a prompt rebound above its 50 DMA line ($273) would help its outlook improve. Relative Strength Rating has slumped to 79. Faces near-term resistance due to overhead supply up to the $313 level.
>>> 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  
$155.41 +0.43
0.28%

$157.19

382,431
48.72% of 50 DAV
50 DAV is 785,000
$164.08
-5.28%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 9/25/2018 2:44:09 PM
G - Hovering near its all-time high, very extended from any sound base. Its 50 DMA line ($139.19) defines near-term support to watch on pullbacks. Fundamentals remain strong.
>>> 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  
$138.62 -1.17
-0.84%

$140.37

906,041
62.75% of 50 DAV
50 DAV is 1,444,000
$149.35
-7.18%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 9/25/2018 2:56:45 PM
Y - Finding support above its 50 DMA line ($132.46) with a quiet gain today after losses 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.
>>> 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 
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
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$94.41 +1.01
1.08%

$95.58

478,683
66.58% of 50 DAV
50 DAV is 719,000
$99.99
-5.58%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 9/24/2018 4:07:06 PM
G - Extended from any sound base, consolidating above its 50 DMA line ($86.86) and prior highs in the $82-83 area defining additional near-term 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  
$87.84 -1.15
-1.29%

$89.05

7,876,341
100.43% of 50 DAV
50 DAV is 7,843,000
$93.70
-6.25%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 9/24/2018 4:03:49 PM
Y - Consolidating near its 50 DMA line ($88.35), while the next important support is at 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 
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$96.10 +1.75
1.85%

$96.35

510,628
84.54% of 50 DAV
50 DAV is 604,000
$95.80
0.31%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 9/21/2018 1:05:49 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 ($79.38). 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  
$68.40 -0.15
-0.22%

$68.95

222,652
102.13% of 50 DAV
50 DAV is 218,000
$78.85
-13.25%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/26/2018 6:38:32 PM
G - Slumped further below its 50 DMA line ($71.24) today. Raised concerns while also undercutting prior highs in the $68-69 area triggering technical sell signals.
>>> 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  
$96.14 +0.25
0.26%

$97.06

1,866,097
130.13% of 50 DAV
50 DAV is 1,434,000
$96.45
-0.32%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 9/24/2018 3:59:51 PM
G - Posting a gain and rallying near its all-time high today with average volume. Extended from any sound base. The 50 DMA line ($80.48) 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 
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
SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$36.79 +0.11
0.30%

$36.98

399,154
43.91% of 50 DAV
50 DAV is 909,000
$38.66
-4.84%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 9/25/2018 3:27:53 PM
G - Rebounding near its all-time high with today's big gain, but it is extended from any sound base. Prior highs in the $32 area define initial support to watch coinciding with its 50 DMA line ($32.36).
>>> 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