Consolidating Near Prior Highs Which Define Support -
Encountered Distributional Pressure Hovering Near All-Time High - Friday, June 21, 2024
Volume-Driven Loss Triggered Technical Sell Signal - Thursday, May 30, 2024
50-Day Moving Average Line Support Being Tested - Monday, April 1, 2024
Encountered Distributional Pressure After Spiking to New High - Monday, March 11, 2024
Volume Totals Cooking While Stubbornly Perched at All-Time High - Tuesday, February 6, 2024
CrowdStrike Holdings Pulling Back After "3-Weeks Tight" Pattern - Wednesday, January 3, 2024
There is 1 more featured stock write-up on since to 9/20/2024
Consolidating Near Prior Highs Which Define Support -
CrowdStrike Holdings (CRWD +$6.05 or +1.63% to $377.37) is consolidating near its prior highs after quietly retreating this week below its "max buy" level. Prior highs in the $358-365 area define initial support to watch above its 50-day moving average (DMA) line ($354).
Fundamentals remain strong. CRWD reported Apr '24 quarterly earnings +63% on +33% sales revenues versus the year-ago period, continuing its strong track record of earnings increases well above the +25% minimum guideline (C criteria) in quarterly comparisons backed by solid sales revenues growth. It has a highest possible 99 Earnings Per Share Rating. Its annual earnings (A criteria) history has been strong.
The number of top-rated funds owning its shares rose from 1,880 in Jun 23 to 2,560 in Jun '24, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 0.8 is an unbiased indication its shares have been under distributional pressure over the past 50 days. The Austin, TX-based company completed its $34 IPO on 6/12/19.
Chart courtesy of www.stockcharts.com
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 |
 TDG - NYSE
TransDigm Group
Aerospace/Defense | $1,241.94 | -0.37
-0.03% | $1,250.03 | 371,129
149.05% of 50 DAV
50 DAV is 249,000 | $1,369.58
-9.32%
| 4/12/2024 | $1,224.21 | PP = $1,246.32 |
| MB = $1,308.64 |
Most Recent Note - 7/12/2024 12:40:59 PM
G - Sputtering today and still lingering below its 50 DMA line ($1,304), however, it remains only -8.9% off its all-time high. A rebound above the 50 DMA line is needed to help its outlook improve. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Lingering Below 50-Day Moving Average But Only -7% Off High - 7/10/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
USLM - NASDAQ
U.S. Lime & Minerals
Bldg-Cement/Concrt/Ag | $81.77 | +2.69
3.41% | $82.99 | 123,714
102.24% of 50 DAV
50 DAV is 121,000 | $81.68
0.11%
| 6/18/2024 | $71.26 | PP = $75.77 |
| MB = $79.56 |
 Most Recent Note - 7/15/2024 6:05:21 PM
Y - Gapped up today and hit another new all-time high with a 4th consecutive gain. Found support while consolidating above its 50 DMA line ($71). Do not be confused as shares split 5:1 (Featured Price and Pivor Point were adjusted). Color code was changed to yellow with new pivot point cited based on its 5/15/24 high plus 10 cents as it was noted - "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 : in Striking Distance of All-Time High After Volume-Driven Gains - 6/28/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
CLS - NYSE
Celestica
Elec-Contract Mfg | $61.23 | +1.83
3.08% | $62.17 | 2,030,171
95.00% of 50 DAV
50 DAV is 2,137,000 | $62.09
-1.39%
| 7/6/2024 | $57.62 | PP = $61.16 |
| MB = $64.22 |
Most Recent Note - 7/15/2024 6:01:20 PM
Y - Hovering near its all-time high. A gain backed by at least +40% above average volume and a close above the new pivot point cited based on its 5/28/24 high plus 10 cents may trigger a proper technical buy signal. Important support is at its 50 DMA line ($54.60).
>>> FEATURED STOCK ARTICLE : Consolidating Above Prior Highs in an Orderly Fashion - 6/27/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
ELF - NYSE
e.l.f. Beauty
Cosmetics/Personal Care | $194.19 | -16.71
-7.92% | $210.88 | 2,032,660
132.25% of 50 DAV
50 DAV is 1,537,000 | $221.83
-12.46%
| 6/18/2024 | $212.40 | PP = $221.93 |
| MB = $233.03 |
Most Recent Note - 7/15/2024 5:57:39 PM
Y - Suffered a big loss today with +32% above average volume and ended near the session low, encountering distributional pressure after challenging prior resistance in the $220 area. 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 ($186) defines important near-term support to watch. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Challenging Prior Resistance Area - 7/12/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
PDD - NASDAQ
PDD Holdings ADR
Retail-Internet | $137.99 | -4.43
-3.11% | $139.43 | 8,097,272
88.47% of 50 DAV
50 DAV is 9,153,000 | $164.69
-16.21%
| 5/24/2024 | $161.85 | PP = $153.09 |
| MB = $160.74 |
Most Recent Note - 7/15/2024 5:59:49 PM
G - With today''s loss it pulled back below its 50 DMA line which has acted as resistance. Faces resistance due to overhead supply up to the $164 level. Its 200 DMA line ($129) defines important near-term support.
>>> FEATURED STOCK ARTICLE : Sputtering Below 50-Day Moving Average Line - 7/11/2024 | 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 |
CRWD - NASDAQ
CrowdStrike Holdings
Computer Sftwr-Security | $377.37 | +6.05
1.63% | $383.57 | 3,505,911
68.12% of 50 DAV
50 DAV is 5,147,000 | $398.33
-5.26%
| 5/28/2024 | $351.47 | PP = $365.10 |
| MB = $383.36 |
Most Recent Note - 7/15/2024 5:52:23 PM
Y - Consolidating above prior highs in the $358-365 area which define initial support to watch above its 50 DMA line ($355). Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Consolidating Near Prior Highs Which Define Support - 7/15/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
NVO - NYSE
Novo Nordisk ADR
Medical-Ethical Drugs | $141.39 | -0.69
-0.49% | $143.49 | 2,306,659
60.27% of 50 DAV
50 DAV is 3,827,000 | $148.15
-4.56%
| 6/7/2024 | $143.06 | PP = $138.38 |
| MB = $145.30 |
Most Recent Note - 7/15/2024 5:55:51 PM
Y - Pulled back today with below-average volume. Consolidating above prior highs in the $138 area which define initial support to watch above its 50 DMA line ($137.50). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High Following Recent Gap Up With Volume - 7/1/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
GVA - NYSE
Granite Construction
Bldg-Heavy Construction | $64.31 | +1.13
1.79% | $65.14 | 520,415
86.02% of 50 DAV
50 DAV is 605,000 | $65.08
-1.18%
| 6/11/2024 | $59.76 | PP = $64.33 |
| MB = $67.55 |
Most Recent Note - 7/15/2024 5:55:07 PM
Y - Hit a new all-time high with today''s 4th consecutive gain backed by average volume after 3 gains with higher volume. Subsequent gains and a close above the pivot point backed by at least +40% above average volume may clinch a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Granite Testing Support at 50-Day Moving Average - 7/2/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
DDOG - NASDAQ
Datadog Inc
Computer Sftwr-Enterprse | $129.42 | +1.62
1.26% | $130.60 | 2,276,684
54.16% of 50 DAV
50 DAV is 4,203,800 | $138.61
-6.63%
| 7/9/2024 | $126.92 | PP = $138.71 |
| MB = $145.65 |
Most Recent Note - 7/12/2024 6:44:48 PM
Y - Pulled back after highlighted in yellow in the 7/09/24 mid-day report with pivot point cited based on its 2/13/24 high plus 10 cents. Consolidating above its 50 DMA line and perched -7.8% off its 52-week high. Reported Mar ''24 quarterly earnings +91% on +27% sales revenues versus the year-ago period its 4th consecutive quarterly comparison well above the +25% minimum earnings guideline (C criteria). Its annual earnings (A criteria) history has been strong since completing its $27 IPO on 9/19/19.
>>> FEATURED STOCK ARTICLE : Consolidating Within Close Range of 52-Week High - 7/9/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
Encountered Distributional Pressure Hovering Near All-Time High - Friday, June 21, 2024
CrowdStrike Holdings (CRWD -$1.56 or -0.41% to $380.58) encountered some distributional pressure and after losses on higher volume it is now consolidating below its "max buy" level. Its 50-day moving average (DMA) line ($330) defines near-term support to watch. Bullish action came after it reported Apr '24 quarterly earnings +63% on +33% sales revenues versus the year-ago period, continuing its strong track record of earnings increases well above the +25% minimum guideline (C criteria) in quarterly comparisons backed by solid sales revenues growth. It has a highest possible 99 Earnings Per Share Rating. Its annual earnings (A criteria) history has been strong.
The number of top-rated funds owning its shares rose from 1,880 in Jun 23 to 2,465 in Mar '24, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.5 is an unbiased indication its shares have been under accumulation over the past 50 days. The Austin, TX-based company completed its $34 IPO on 6/12/19.
Chart courtesy of www.stockcharts.com
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 |
TDG - NYSE
TransDigm Group
Aerospace/Defense | $1,319.17 | -10.51
-0.79% | $1,335.31 | 189,130
89.21% of 50 DAV
50 DAV is 212,000 | $1,369.58
-3.68%
| 4/12/2024 | $1,224.21 | PP = $1,246.32 |
| MB = $1,308.64 |
Most Recent Note - 6/21/2024 3:45:13 PM
G - Still quietly consolidating above its "max buy" level. Its 50 DMA line ($1,290) defines near-term support to watch above recent lows in the $1,280 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Transdigm Consolidating Above 50-Day Moving Average - 6/12/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
USLM - NASDAQ
U.S. Lime & Minerals
Bldg-Cement/Concrt/Ag | $354.19 | +2.09
0.59% | $354.70 | 47,553
190.21% of 50 DAV
50 DAV is 25,000 | $378.78
-6.49%
| 6/18/2024 | $356.30 | PP = $378.88 |
| MB = $397.82 |
Most Recent Note - 6/20/2024 5:05:55 PM
Y - There was a "negative reversal" for a loss today following 3 consecutive gains with increasing volume. Color code was changed to yellow with new pivot point cited based on its 5/15/24 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new technical buy signal. Recently found prompt support near its 50 DMA line ($334.61). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Streak of Losses Testing 50-Day Moving Average Line - 6/6/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
CLS - NYSE
Celestica
Elec-Contract Mfg | $55.93 | +0.13
0.23% | $55.96 | 1,738,992
72.49% of 50 DAV
50 DAV is 2,399,000 | $61.06
-8.40%
| 5/15/2024 | $51.52 | PP = $51.22 |
| MB = $53.78 |
Most Recent Note - 6/20/2024 5:03:44 PM
G - Suffered a big loss today with higher volume. It has not formed a sound base of sufficient length yet found support near prior highs in the $51 area. Its 50 DMA line ($50) defines additional near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Steady Pullback to Below "Max Buy" Level Following Rally - 6/4/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
DECK - NYSE
Deckers Outdoor
Apparel-Shoes and Rel Mfg | $978.08 | -11.36
-1.15% | $988.19 | 371,199
104.27% of 50 DAV
50 DAV is 356,000 | $1,106.89
-11.64%
| 5/24/2024 | $1,010.60 | PP = $956.27 |
| MB = $1,004.08 |
Most Recent Note - 6/20/2024 5:23:48 PM
G - Suffered a 7th consecutive loss with average volume today. Prior highs in the $956 area define initial support to watch.
>>> FEATURED STOCK ARTICLE : Deckers Consolidating Near High - 6/13/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
ELF - NYSE
e.l.f. Beauty
Cosmetics/Personal Care | $205.91 | -3.32
-1.59% | $209.00 | 730,885
46.58% of 50 DAV
50 DAV is 1,569,000 | $221.83
-7.18%
| 6/18/2024 | $212.40 | PP = $221.93 |
| MB = $233.03 |
Most Recent Note - 6/20/2024 5:29:48 PM
Y - Paused today after rallying toward its all-time high. Color code was changed to yellow with new pivot point cited based on its 3/04/24 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 ($174) defines important near-term support to watch. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of All-Time High - 6/20/2024 | 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 |
PDD - NASDAQ
PDD Holdings ADR
Retail-Internet | $143.84 | -0.30
-0.21% | $144.18 | 6,314,603
67.01% of 50 DAV
50 DAV is 9,423,000 | $164.69
-12.66%
| 5/24/2024 | $161.85 | PP = $153.09 |
| MB = $160.74 |
Most Recent Note - 6/21/2024 3:44:01 PM
Y - Pulling back today for a 5th consecutive small loss with below average volume. Raised concerns recently as it negated the breakout after clearing a 20-week base. Disciplined investors avoid big losses by selling any stock that falls more than 7-8% below their purchase price. Its 50 DMA line ($138) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Still Sputtering Below Pivot Point After Negating Breakout - 6/17/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
CRWD - NASDAQ
CrowdStrike Holdings
Computer Sftwr-Security | $380.58 | -1.56
-0.41% | $381.00 | 7,397,917
199.89% of 50 DAV
50 DAV is 3,701,000 | $394.64
-3.56%
| 5/28/2024 | $351.47 | PP = $365.10 |
| MB = $383.36 |
Most Recent Note - 6/21/2024 4:46:45 PM
Y - Encountered distributional pressure and it is consolidating below its "max buy" level. Its 50 DMA line ($330) defines near-term support to watch. Bullish action came after it reported Apr '24 quarterly earnings +63% on +33% sales revenues versus the year-ago period, continuing its strong earnings track record. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure Hovering Near All-Time High - 6/21/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
NVO - NYSE
Novo Nordisk ADR
Medical-Ethical Drugs | $141.91 | +0.92
0.65% | $142.56 | 2,663,248
72.35% of 50 DAV
50 DAV is 3,681,000 | $144.50
-1.79%
| 6/7/2024 | $143.06 | PP = $138.38 |
| MB = $145.30 |
Most Recent Note - 6/21/2024 3:42:23 PM
Y - Volume totals have been cooling while holding its ground after wedging to new all-time highs with gains lacking great volume conviction. Color code was changed to yellow with pivot point cited based on its 3/07/24 high. To clinch a proper technical buy signal gains above the pivot point must be backed by at least +40% above-average volume. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Wedging Into New High Ground - 6/7/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
GVA - NYSE
Granite Construction
Bldg-Heavy Construction | $62.47 | +0.01
0.02% | $62.66 | 366,792
82.06% of 50 DAV
50 DAV is 447,000 | $65.08
-4.01%
| 6/11/2024 | $59.76 | PP = $64.33 |
| MB = $67.55 |
Most Recent Note - 6/20/2024 12:00:46 PM
Y - Reversed into the red quickly today after a gap up gain hitting a new 52-week high. Color code was changed to yellow when highlighted on the 6/11/24 mid-day report as it was noted that a valid secondary buy point exists up to +5% above the recent high after finding support at its 10 WMA line following a prior breakout. Reported improved earnings in the Jun, Sep, Dec '23, and Mar '24 quarters versus the year ago periods. Annual earnings growth has been strong and steady.
>>> FEATURED STOCK ARTICLE : Granite Construction Found Support at 10-Week Moving Average - 6/11/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
Volume-Driven Loss Triggered Technical Sell Signal - Thursday, May 30, 2024
CrowdStrike Holdings (CRWD -$33.60 or -9.61% to $315.92) suffered a considerable loss today with +160% above average volume as it violated its 50-day moving average (DMA) line ($318) triggering a technical sell signal. The action was clearly indicative of distributional pressure. Only a promt rebound above the 50 DMA line would help its outlook improve.
The number of top-rated funds owning its shares rose from 1,880 in Jun 23 to 2,430 in Mar '24, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under accumulation over the past 50 days. CRWD completed its $34 IPO on 6/12/19.
The Austin, TX-based company is due to report Apr '24 quarterly results on 6/04/24. Volume and volatility often increase near earnings news. It has a highest possible 99 Earnings Per Share Rating. Its annual earnings (A criteria) history has been strong.Fundamentals have been strong through the Jan '24 quarter with an extended streak of earnings increases well above the +25% minimum guideline (C criteria) in quarterly comparisons backed by solid sales revenues growth.
Historical studies have shown that odds are most favorable when investors buy stocks as they are showing fresh signs of institutional buying demand - action that can lead to a meaningful advance in price. Disciplined investors will note that CRWD did not breakout above the pivot point to trigger a proper technical buy signal after it was recently highlighted in the 5/28/24 mid-day report (read here). It was recovering from a deeper trip below its 50 DMA line since last shown in detail in this FSU section on 4/01/24 with an annotated graph under the headline "50-Day Moving Average Line Support Being Tested".
50-Day Moving Average Line Support Being Tested - Monday, April 1, 2024
CrowdStrike Holdings (CRWD -$1.03 or -0.32% to $319.56) has seen its volume totals cooling while consolidating above its 50-day moving average (DMA) line ($315.63) which recently acted as support. It has not formed a sound base of sufficient length.
Fundamentals remain strong after it reported Jan '24 quarterly earnings +102% on +33% sales revenues versus the year-ago period, extending its streak of strong earnings increases well above the +25% minimum guideline (C criteria) in quarterly comparisons. CRWD was last shown in detail in this FSU section on 3/11/24 with an annotated graph under the headline "Encountered Distributional Pressure After Spiking to New High". It has a highest possible 99 Earnings Per Share rating. Its annual earnings (A criteria) history has been strong.
CRWD completed its $34 IPO on 6/12/19. The number of top-rated funds owning its shares rose from 1,880 in Jun 23 to 2,265 in Dec '23, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under accumulation over the past 50 days.
Encountered Distributional Pressure After Spiking to New High - Monday, March 11, 2024
CrowdStrike Holdings (CRWD -$5.48 or -1.70% to $317.37) remains perched near its all-time high but enduring noted distributional pressure. Its 50-day moving average (DMA) line ($299) recently acted as support.
Fundamentals remain strong after it reported Jan '24 quarterly earnings +102% on +33% sales revenues versus the year-ago period, extending its streak of strong earnings increases well above the +25% minimum guideline (C criteria) in quarterly comparisons. CRWD was last shown in detail in this FSU section on 2/08/24 with an annotated graph under the headline "Volume Totals Cooking While Stubbornly Perched at All-Time High". It has a highest possible 99 Earnings Per Share rating. Its annual earnings (A criteria) history has been strong.
CRWD completed its $34 IPO on 6/12/19. The number of top-rated funds owning its shares rose from 1,880 in Jun 23 to 2,245 in Dec '23, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days.
Chart courtesy of www.stockcharts.com
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
Computer-Networking | $271.02 | -2.09
-0.77% | $271.78 | 2,026,972
89.81% of 50 DAV
50 DAV is 2,257,000 | $292.66
-7.39%
| 10/31/2023 | $188.84 | PP = $198.80 |
| MB = $208.74 |
Most Recent Note - 3/8/2024 12:42:45 PM
G - Pulling back today after recently wedging higher with gains lacking great volume conviction. Its 50 DMA line ($262) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Best Ever Close for Arista Networks - 3/1/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
NVO - NYSE
Novo Nordisk ADR
Medical-Ethical Drugs | $131.24 | -1.83
-1.38% | $133.52 | 5,727,188
109.28% of 50 DAV
50 DAV is 5,241,000 | $138.28
-5.09%
| 3/1/2024 | $124.23 | PP = $124.97 |
| MB = $131.22 |
Most Recent Note - 3/8/2024 12:22:57 PM
G - Gapped down today, pulling back from its all-time high after quickly powering well above its "max buy" level. Recent lows in the $118 area define initial support to watch above its 50 DMA line ($114.73).
>>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After Volume-Driven Gains - 2/8/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
AXON - NASDAQ
Axon Enterprise
Security/Sfty | $311.04 | -1.75
-0.56% | $313.50 | 447,498
96.86% of 50 DAV
50 DAV is 462,000 | $325.63
-4.48%
| 11/8/2023 | $127.84 | PP = $223.30 |
| MB = $234.47 |
Most Recent Note - 3/11/2024 11:02:52 PM
G - Stubbornly holding its ground near its all-time high. Bullish action came after it reported Dec '23 quarterly earnings +60% on +29% sales revenues versus the year-ago period. Its 50-day moving average (DMA) line ($268) defines near-term support above the prior high ($262.95 on 1/12/24).
>>> FEATURED STOCK ARTICLE : Reversal at All-Time High After 7 Consecutive Gains - 2/12/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
TDG - NYSE
TransDigm Group
Aerospace/Defense | $1,151.74 | -13.25
-1.14% | $1,158.84 | 253,924
115.95% of 50 DAV
50 DAV is 219,000 | $1,207.58
-4.62%
| 12/12/2023 | $1,000.39 | PP = $1,013.18 |
| MB = $1,063.84 |
Most Recent Note - 3/5/2024 9:15:39 PM
G - Pulled back today with average volume for a 2nd consecutive loss. Its 50 DMA line ($1,087) defines near-term support to watch.
>>> FEATURED STOCK ARTICLE : Transdigm Perched Near All-Time High - 2/14/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
CRWD - NASDAQ
CrowdStrike Holdings
Computer Sftwr-Security | $317.37 | -5.48
-1.70% | $323.50 | 3,281,336
79.34% of 50 DAV
50 DAV is 4,136,000 | $365.00
-13.05%
| 1/2/2024 | $246.42 | PP = $261.91 |
| MB = $275.01 |
Most Recent Note - 3/11/2024 10:58:05 PM
G - It is extended from any sound base and pulled back today with lighter volume. Its 50 DMA ($299) recently acted as support. Fundamentals remain strong after it reported Jan ''24 quarterly earnings +102% on +33% sales revenues versus the year-ago period. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After Spiking to New High - 3/11/2024 | 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 |
ELF - NYSE
e.l.f. Beauty
Cosmetics/Personal Care | $193.98 | -6.93
-3.45% | $199.30 | 1,364,941
89.62% of 50 DAV
50 DAV is 1,523,000 | $221.83
-12.55%
| 1/2/2024 | $138.23 | PP = $153.63 |
| MB = $161.31 |
Most Recent Note - 3/11/2024 11:04:25 PM
G - Pulled back today with below-average volume, retreating from its all-time high hit last week. Reported Dec '23 quarterly earnings +54% on +85% sales revenues versus the year-ago period, continuing its strong earnings track record. Its 50 DMA line ($170) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure Near All-Time High - 3/8/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
KOF - NYSE
Coca Cola Femsa Sab Ads
FOOD and BEVERAGE - Beverages - Soft Drinks | $96.56 | +0.72
0.75% | $97.11 | 201,950
121.58% of 50 DAV
50 DAV is 166,100 | $104.38
-7.49%
| 1/12/2024 | $93.38 | PP = $99.34 |
| MB = $104.31 |
Most Recent Note - 3/6/2024 5:14:57 PM
Y - Still quietly consolidating above its 50 DMA line ($95.10) which defines important near-term support to watch. There was a noted "negative reversal" on 2/20/24 at its all-time high. Reported Dec ''23 quarterly earnings -13% on +24% sales revenues versus the year-ago period, raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Perched at High With Earnings News Due - 2/21/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
PCAR - NASDAQ
Paccar
Trucks and Parts-Hvy Duty | $114.05 | -0.60
-0.52% | $115.23 | 1,972,274
89.45% of 50 DAV
50 DAV is 2,205,000 | $116.88
-2.42%
| 1/23/2024 | $100.35 | PP = $98.57 |
| MB = $103.50 |
Most Recent Note - 3/8/2024 12:45:03 PM
G - Extended from any sound base and holding its ground stubbornly at its all-time high after steadily wedging higher with gains lacking great volume conviction. Its 50 DMA line ($103) defines near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After 7 Weekly Gains - 2/26/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
HUBB - NYSE
Hubbell
Electrical-Power/Equipmt | $387.43 | -5.71
-1.45% | $390.42 | 496,119
124.03% of 50 DAV
50 DAV is 400,000 | $396.92
-2.39%
| 1/30/2024 | $343.26 | PP = $336.83 |
| MB = $353.67 |
Most Recent Note - 3/5/2024 9:18:55 PM
G - Pulled back from its all-time high with today''s loss after 4 consecutive gains. Very extended from the previously noted base. Prior high ($340) and its 50 DMA line define important support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Inched to New Highs With Average Volume - 2/28/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
MANH - NASDAQ
Manhattan Associates
Computer Sftwr-Enterprse | $255.41 | -2.09
-0.81% | $257.93 | 257,502
72.54% of 50 DAV
50 DAV is 355,000 | $266.94
-4.32%
| 1/31/2024 | $240.57 | PP = $230.71 |
| MB = $242.25 |
Most Recent Note - 3/7/2024 9:49:07 PM
G - Posted a solid gain today with +29% above average volume while rallying to a new all-time high, getting extended from the previously noted base. Prior highs in the $230 area along with its 50 DMA line ($232) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Hovering Near All-Time High After Streak of Small Gains - 2/29/2024 | 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 |
USLM - NASDAQ
U.S. Lime & Minerals
Bldg-Cement/Concrt/Ag | $288.32 | +0.93
0.32% | $289.95 | 19,593
103.12% of 50 DAV
50 DAV is 19,000 | $289.34
-0.35%
| 2/9/2024 | $254.68 | PP = $265.09 |
| MB = $278.34 |
Most Recent Note - 3/8/2024 12:31:38 PM
G - Wedging to new all-time highs above its "max buy" level with recent gains lacking great volume conviction and its color code is changed to green. Recent gains above the pivot point were not backed by the minimum +40% above average volume necessary to trigger a proper technical buy signal. Through Dec '23 its quarterly and annual earnings (C and A criteria) history has been strong, a good match with the fact-based investment system's guidelines. Thinly traded firm has only 5.7 million shares outstanding (S criteria), which can contribute to greater price volatility in the event of institutional buying or selling.
>>> FEATURED STOCK ARTICLE : Strong Finish for Thinly Traded U.S Lime & Minerals - 2/9/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
NOW - NYSE
ServiceNow
Computer Sftwr-Enterprse | $756.74 | -0.94
-0.12% | $759.20 | 908,320
74.57% of 50 DAV
50 DAV is 1,218,000 | $815.32
-7.18%
| 2/22/2024 | $771.75 | PP = $815.32 |
| MB = $856.09 |
Most Recent Note - 3/7/2024 9:52:33 PM
Y - Gain today with higher volume helped it promptly rebound above its 50 DMA line ($750) helping its outlook to improve and its color code is changed to yellow. Recent lows define important near-term support to watch in the $730 area.
>>> FEATURED STOCK ARTICLE : Found Support With a Solid Gap Up from 10-Week Moving Average - 2/23/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
SNPS - NASDAQ
Synopsys
Computer Sftwr-Design | $565.32 | -5.97
-1.05% | $567.72 | 656,319
47.94% of 50 DAV
50 DAV is 1,369,000 | $629.38
-10.18%
| 2/22/2024 | $600.65 | PP = $582.85 |
| MB = $611.99 |
Most Recent Note - 3/5/2024 9:06:52 PM
Y - Suffered a big loss today with below-average volume, retreating from a best-ever close. Previously noted - "A strong volume-driven gain and close above the pivot point is needed to clinch a proper technical buy signal. Found support recently at its 50 DMA line ($538). Reported Jan ''24 quarterly earnings +36% on +21% sales revenues versus the year-ago period, its 3rd strong quarter above the +25% minimum earnings guideline (C criteria). Annual earnings growth (A criteria) has been strong and steady."
>>> FEATURED STOCK ARTICLE : Gapped Up for New High But Ended Near Session Low - 2/22/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
PAY - NYSE
Paymentus Holdings
Finance-CrdtCard/PmtPr | $20.82 | +1.61
8.38% | $21.07 | 859,933
419.48% of 50 DAV
50 DAV is 205,000 | $21.02
-0.95%
| 3/5/2024 | $19.97 | PP = $18.89 |
| MB = $19.83 |
Most Recent Note - 3/11/2024 12:21:50 PM
G - Challenging the 3/05/24 high with today's 2nd consecutive volume-driven gain and its color code is changed to green after rising above its "max buy" level. Prior highs in the $18 range define important initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Big Gap Up Gain Triggered Technical Buy Signal - 3/5/2024 | View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A S I |
Volume Totals Cooking While Stubbornly Perched at All-Time High - Tuesday, February 6, 2024
CrowdStrike Holdings (CRWD -$0.38 or -0.13% to $302.11) has seen volume totals cooling while still hovering near its all-time high, stubbornly holding its ground. Its 50-day moving average (DMA) line ($264) defines near-term support above the prior high in the $261 area. Fundamentals remain strong.
CRWD has a highest possible 99 Earnings Per Share rating. It reported Oct '23 quarterly earnings +105% on +35% sales revenues versus the year-ago period, extending its streak of strong earnings increases well above the +25% minimum guideline (C criteria) in quarterly comparisons. Its annual earnings (A criteria) history has been strong. Completed its $34 IPO on 6/12/19.
The number of top-rated funds owning its shares rose from 1,880 in Jun 23 to 2,055 in Dec '23, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 2.3 is an unbiased indication its shares have been under accumulation over the past 50 days.
CrowdStrike Holdings Pulling Back After "3-Weeks Tight" Pattern - Wednesday, January 3, 2024
CrowdStrike Holdings (CRWD -$2.53 or -1.02% to $244.36) pulled back from its 52-week high with near average volume behind today's 5th consecutive loss. Little resistance remains due to overhead supply. Its color code was changed to yellow as it formed an advanced "3-weeks tight" base with the pivot point cited based on its 12/18/23 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal.
CRWD has a highest possible 99 Earnings Per Share rating. It reported Oct '23 quarterly earnings +105% on +35% sales revenues versus the year-ago period, extending its streak of strong earnings increases well above the +25% minimum guideline (C criteria) in quarterly comparisons. Its annual earnings (A criteria) history has been strong. Completed its $34 IPO on 6/12/19.
The number of top-rated funds owning its shares rose from 1,880 in Jun 23 to 2,061 in Dec '23, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 2.4 is an unbiased indication its shares have been under accumulation over the past 50 days.
