There were 48 chart patterns found this week out of 668 stocks searched, or 7.2%. The market is likely moving sideways (consolidating), creating those chart patterns.

There were 29 bullish chart patterns this week and 13 bearish ones with any remaining (6) being undecided. This suggests the market is hinting of a coming bullish (up) turn.

Symbol Chart Pattern Start End Industry
ADTN Rising wedge 04/17/200904/30/2009Telecom. Equipment
ALB Rising wedge 04/15/200905/01/2009Chemical (Diversified)
AIG Triangle, symmetrical 03/13/200905/01/2009Insurance (Prop/Casualty)
APOG Triangle, symmetrical 04/17/200905/04/2009Building Materials
ARUN Rising wedge 04/16/200904/30/2009Computers and Peripherals
BBW Dead-cat bounce 04/30/200904/30/2009Retail (Special Lines)
CV Falling wedge 04/01/200905/07/2009Electric Utility (East)
CL Rising wedge 02/27/200905/05/2009Household Products
CNO Triangle, ascending 02/26/200905/04/2009Insurance (Diversified)
GLW Rectangle top 04/02/200904/30/2009Telecom. Equipment
DUK Rectangle bottom 04/07/200904/30/2009Electric Utility (East)
FLOW Triangle, symmetrical 03/18/200905/04/2009Machinery
GLF Triangle, ascending 04/16/200905/07/2009Oilfield Svcs/Equipment
HNZ Triangle, symmetrical 03/26/200904/30/2009Food Processing
HOLX Dead-cat bounce 05/04/200905/05/2009Medical Supplies
INCY Rectangle bottom 02/27/200904/30/2009Drug
KMB Triangle, symmetrical 04/20/200905/05/2009Household Products
KSS Rectangle top 04/02/200905/07/2009Retail Store
LDSH Broadening top 04/07/200904/30/2009Metal Fabricating
LAWS Triangle, symmetrical 04/03/200905/07/2009Metal Fabricating
L Roof, inverted 04/13/200904/30/2009Insurance (Prop/Casualty)
JWN Triangle, ascending 04/09/200904/30/2009Retail Store
OMI Triangle, symmetrical 04/07/200905/07/2009Medical Supplies
PKG Broadening top, right-angled and descending 04/27/200905/07/2009Packaging and Container
POT Rectangle top 03/19/200904/30/2009Chemical (Diversified)
PPG Diamond top 04/09/200905/01/2009Chemical (Diversified)
PGR Triangle, symmetrical 04/21/200904/30/2009Insurance (Prop/Casualty)
SEPR Broadening bottom 03/11/200905/01/2009Drug
LUV Diamond top 04/03/200905/04/2009Air Transport
STJ Triangle, descending 03/11/200904/30/2009Medical Supplies
SUN Rectangle bottom 03/06/200904/30/2009Petroleum (Integrated)
AMTD Triangle, symmetrical 04/17/200905/05/2009Securities Brokerage
TE Broadening top 03/30/200905/07/2009Electric Utility (East)
TXT Triangle, symmetrical 04/09/200904/30/2009Diversified Co.
TOL Rising wedge 02/13/200905/05/2009Homebuilding
TSCO Head-and-shoulders top 04/09/200904/30/2009Retail Building Supply
RIG Roof, inverted 04/14/200904/30/2009Oilfield Svcs/Equipment
TG Roof, inverted 04/02/200904/30/2009Chemical (Specialty)
RMIX Rectangle top 03/19/200904/30/2009Cement and Aggregates
UTX Rising wedge 03/26/200904/30/2009Diversified Co.
WERN Broadening top, right-angled and ascending 04/01/200905/07/2009Trucking/Transp. Leasing
IDU Rectangle top 03/19/200904/30/2009Electric Utility (Central)
SLV Head-and-shoulders bottom 04/06/200904/30/2009Metals and Mining (Div.)
QLD Rising wedge 04/09/200904/30/2009Long ETFs
XLY Rising wedge 02/17/200904/30/2009Investment Co. (Domestic)
XLF Roof, inverted 04/13/200904/30/2009Investment Co. (Domestic)
XLV Rectangle top 03/13/200904/30/2009Drug
SDP Rectangle bottom 03/24/200905/01/2009Short ETFs

Weekly screen for chart patterns ending between 04/29/2009 and 05/07/2009.

Here are the chart patterns that appeared within the last week, many are unconfirmed (still in development and may not be valid). If no securities appear, then I have not identified any new patterns.

Definitions RS is relative strength (where 1 is best). For other definitions, see the glossary. 'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate. All numbers assume a bull market and are based on the breakout direction that occurs most often. For more information, consult my book, Encyclopedia of Chart Patterns, Second Edition .

ADTRAN Inc (ADTN)
Industry: Telecom. Equipment
Industry RS rank: 11 out of 50
Stock RS rank: 90 out of 654
Latest close as of 05/07/2009: $19.75
1 Month average volatility: $0.77. Volatility based stop (assuming a downward breakout): $22.15 or 12.2% above the close.
Change year to date: 32.73%
Volume: 622,600 shares
3 month average volume: 833,777 shares
Chart pattern: Rising wedge reversal pattern from 04/17/2009 to 04/30/2009
Performance rank: 20 out of 21.
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price meets the measure rule target 46% of the time.



Albemarle Corp. (ALB)
Industry: Chemical (Diversified)
Industry RS rank: 18 out of 50
Stock RS rank: 217 out of 654
Latest close as of 05/07/2009: $26.56
1 Month average volatility: $1.17. Volatility based stop (assuming a downward breakout): $30.65 or 15.4% above the close.
Change year to date: 19.10%
Volume: 630,400 shares
3 month average volume: 1,071,898 shares
Chart pattern: Rising wedge reversal pattern from 04/15/2009 to 05/01/2009
Performance rank: 20 out of 21.
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price meets the measure rule target 46% of the time.



American International Group (AIG)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 40 out of 50
Stock RS rank: 384 out of 654
Latest close as of 05/07/2009: $1.95
1 Month average volatility: $0.15. Volatility based stop (assuming an upward breakout): $1.56 or 19.8% below the close.
Change year to date: 24.20%
Volume: 347,824,200 shares
3 month average volume: 129,630,137 shares
Chart pattern: Triangle, symmetrical continuation pattern from 03/13/2009 to 05/01/2009
Performance rank: 16 out of 23.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price meets the measure rule target 66% of the time.



Apogee Enterprises (APOG)
Industry: Building Materials
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 28 out of 50
Stock RS rank: 88 out of 654
Latest close as of 05/07/2009: $12.88
1 Month average volatility: $0.91. Volatility based stop (assuming an upward breakout): $10.89 or 15.4% below the close.
Change year to date: 24.32%
Volume: 330,300 shares
3 month average volume: 432,126 shares
Chart pattern: Triangle, symmetrical continuation pattern from 04/17/2009 to 05/04/2009
Performance rank: 16 out of 23.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price meets the measure rule target 66% of the time.



Aruba Networks, Inc. (ARUN)
Industry: Computers and Peripherals
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 5 out of 50
Stock RS rank: 18 out of 654
Latest close as of 05/07/2009: $4.75
1 Month average volatility: $0.27. Volatility based stop (assuming a downward breakout): $5.54 or 16.6% above the close.
Change year to date: 86.27%
Volume: 465,600 shares
3 month average volume: 408,391 shares
Chart pattern: Rising wedge reversal pattern from 04/16/2009 to 04/30/2009
Performance rank: 20 out of 21.
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price meets the measure rule target 46% of the time.



Build-A-Bear Workshop Inc (BBW)
Industry: Retail (Special Lines)
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 3 out of 50
Stock RS rank: 319 out of 654
Latest close as of 05/07/2009: $4.31
1 Month average volatility: $0.46. Volatility based stop (assuming an upward breakout): $3.34 or 22.6% below the close.
Change year to date: -11.32%
Volume: 274,100 shares
3 month average volume: 186,342 shares
Chart pattern: Dead-cat bounce from 04/30/2009 to 04/30/2009



Central Vermont Public Service Corp. (CV)
Industry: Electric Utility (East)
Industry RS rank: 35 out of 50
Stock RS rank: 472 out of 654
Latest close as of 05/07/2009: $16.50
1 Month average volatility: $0.54. Volatility based stop (assuming an upward breakout): $14.91 or 9.6% below the close.
Change year to date: -30.85%
Volume: 77,600 shares
3 month average volume: 85,423 shares
Based on the average volume, this security may be thinly traded (less than 100,000 shares)!
Chart pattern: Falling wedge from 04/01/2009 to 05/07/2009
Performance rank: 20 out of 23.
Breakout is upward 68% of the time.
Average rise: 32%.
Break-even failure rate: 11%.
Throwbacks occur 56% of the time.
Price meets the measure rule target 70% of the time.


Colgate-Palmolive Co (CL)
Industry: Household Products
Industry RS rank: 37 out of 50
Stock RS rank: 360 out of 654
Latest close as of 05/07/2009: $61.87
1 Month average volatility: $1.43. Volatility based stop (assuming a downward breakout): $65.01 or 5.1% above the close.
Change year to date: -9.73%
Volume: 4,709,400 shares
3 month average volume: 3,732,608 shares
Chart pattern: Rising wedge reversal pattern from 02/27/2009 to 05/05/2009
Performance rank: 20 out of 21.
Breakout is downward 69% of the time.
Average decline: 14%.
Break-even failure rate: 24%.
Pullbacks occur 63% of the time.
Price meets the measure rule target 46% of the time.



Conseco Inc (CNO)
Industry: Insurance (Diversified)
Industry RS rank: 48 out of 50
Stock RS rank: 145 out of 654
Latest close as of 05/07/2009: $2.08
1 Month average volatility: $0.23. Volatility based stop (assuming an upward breakout): $1.57 or 24.7% below the close.
Change year to date: -59.85%
Volume: 4,846,400 shares
3 month average volume: 4,419,365 shares
Chart pattern: Triangle, ascending reversal pattern from 02/26/2009 to 05/04/2009
WARNING: A dead-cat bounce occurred on 03/02/2009. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 06/01/2009 and a 38% chance by 08/31/2009.
Performance rank: 17 out of 23.
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price meets the measure rule target 75% of the time.



Corning Inc. (GLW)
Industry: Telecom. Equipment
Industry RS rank: 11 out of 50
Stock RS rank: 77 out of 654
Latest close as of 05/07/2009: $14.66
1 Month average volatility: $0.67. Volatility based stop (assuming an upward breakout): $13.16 or 10.2% below the close.
Change year to date: 53.83%
Volume: 20,426,300 shares
3 month average volume: 20,208,291 shares
Chart pattern: Rectangle top continuation pattern from 04/02/2009 to 04/30/2009
Performance rank: 12 out of 23.
Breakout is upward 68% of the time.
Average rise: 39%.
Break-even failure rate: 9%.
Throwbacks occur 64% of the time.
Price meets the measure rule target 80% of the time.



Duke Energy Corp (DUK)
Industry: Electric Utility (East)
Industry RS rank: 35 out of 50
Stock RS rank: 434 out of 654
Latest close as of 05/07/2009: $14.19
1 Month average volatility: $0.28. Volatility based stop (assuming a downward breakout): $14.79 or 4.3% above the close.
Change year to date: -5.46%
Volume: 11,667,000 shares
3 month average volume: 9,836,449 shares
Chart pattern: Rectangle bottom continuation pattern from 04/07/2009 to 04/30/2009
Performance rank: 12 out of 21.
Breakout is downward 55% of the time.
Average decline: 14%.
Break-even failure rate: 16%.
Pullbacks occur 69% of the time.
Price meets the measure rule target 50% of the time.



Flow International Corp (FLOW)
Industry: Machinery
Industry RS rank: 21 out of 50
Stock RS rank: 622 out of 654
Latest close as of 05/07/2009: $2.07
1 Month average volatility: $0.13. Volatility based stop (assuming an upward breakout): $1.75 or 15.3% below the close.
Change year to date: -14.46%
Volume: 348,500 shares
3 month average volume: 240,128 shares
Chart pattern: Triangle, symmetrical continuation pattern from 03/18/2009 to 05/04/2009
Performance rank: 16 out of 23.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price meets the measure rule target 66% of the time.


Gulfmark Offshore Inc (GLF)
Industry: Oilfield Svcs/Equipment
Industry RS rank: 30 out of 50
Stock RS rank: 551 out of 654
Latest close as of 05/07/2009: $28.11
1 Month average volatility: $1.76. Volatility based stop (assuming an upward breakout): $24.08 or 14.3% below the close.
Change year to date: 18.16%
Volume: 259,600 shares
3 month average volume: 332,486 shares
Chart pattern: Triangle, ascending reversal pattern from 04/16/2009 to 05/07/2009
Performance rank: 17 out of 23.
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price meets the measure rule target 75% of the time.



HJ Heinz (HNZ)
Industry: Food Processing
Industry RS rank: 38 out of 50
Stock RS rank: 537 out of 654
Latest close as of 05/07/2009: $34.99
1 Month average volatility: $0.70. Volatility based stop (assuming an upward breakout): $33.54 or 4.2% below the close.
Change year to date: -6.94%
Volume: 2,706,100 shares
3 month average volume: 3,403,582 shares
Chart pattern: Triangle, symmetrical continuation pattern from 03/26/2009 to 04/30/2009
Performance rank: 16 out of 23.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price meets the measure rule target 66% of the time.



Hologic Inc (HOLX)
Industry: Medical Supplies
Industry RS rank: 41 out of 50
Stock RS rank: 413 out of 654
Latest close as of 05/07/2009: $12.10
1 Month average volatility: $0.68. Volatility based stop (assuming an upward breakout): $10.63 or 12.2% below the close.
Change year to date: -7.42%
Volume: 5,584,600 shares
3 month average volume: 4,575,720 shares
Chart pattern: Dead-cat bounce from 05/04/2009 to 05/05/2009



Incyte Corp. (INCY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 19 out of 50
Stock RS rank: 612 out of 654
Latest close as of 05/07/2009: $2.45
1 Month average volatility: $0.19. Volatility based stop (assuming a downward breakout): $2.94 or 20.0% above the close.
Change year to date: -35.36%
Volume: 1,197,500 shares
3 month average volume: 843,702 shares
Chart pattern: Rectangle bottom continuation pattern from 02/27/2009 to 04/30/2009
Performance rank: 12 out of 21.
Breakout is downward 55% of the time.
Average decline: 14%.
Break-even failure rate: 16%.
Pullbacks occur 69% of the time.
Price meets the measure rule target 50% of the time.


Kimberly-Clark Corp (KMB)
Industry: Household Products
Industry RS rank: 37 out of 50
Stock RS rank: 470 out of 654
Latest close as of 05/07/2009: $51.71
1 Month average volatility: $1.05. Volatility based stop (assuming an upward breakout): $48.81 or 5.6% below the close.
Change year to date: -1.95%
Volume: 3,661,900 shares
3 month average volume: 3,066,702 shares
Chart pattern: Triangle, symmetrical continuation pattern from 04/20/2009 to 05/05/2009
Performance rank: 16 out of 23.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price meets the measure rule target 66% of the time.



Kohls Corporation (KSS)
Industry: Retail Store
Industry RS rank: 10 out of 50
Stock RS rank: 73 out of 654
Latest close as of 05/07/2009: $44.25
1 Month average volatility: $1.90. Volatility based stop (assuming an upward breakout): $39.90 or 9.8% below the close.
Change year to date: 22.24%
Volume: 9,081,000 shares
3 month average volume: 7,527,906 shares
Chart pattern: Rectangle top continuation pattern from 04/02/2009 to 05/07/2009
Performance rank: 12 out of 23.
Breakout is upward 68% of the time.
Average rise: 39%.
Break-even failure rate: 9%.
Throwbacks occur 64% of the time.
Price meets the measure rule target 80% of the time.



Ladish Co. Inc (LDSH)
Industry: Metal Fabricating
Industry RS rank: 13 out of 50
Stock RS rank: 628 out of 654
Latest close as of 05/07/2009: $8.73
1 Month average volatility: $0.66. Volatility based stop (assuming a downward breakout): $10.67 or 22.2% above the close.
Change year to date: -36.97%
Volume: 122,700 shares
3 month average volume: 198,958 shares
Chart pattern: Broadening top reversal pattern from 04/07/2009 to 04/30/2009
WARNING: A dead-cat bounce occurred on 02/10/2009. There is a 26% chance that a 15% or higher decline will occur (or has occurred since then) by 05/12/2009 and a 38% chance by 08/11/2009.
Performance rank: 18 out of 21.
Breakout is downward 50% of the time.
Average decline: 15%.
Break-even failure rate: 18%.
Pullbacks occur 48% of the time.
Price meets the measure rule target 37% of the time.



Lawson Products (LAWS)
Industry: Metal Fabricating
Industry RS rank: 13 out of 50
Stock RS rank: 640 out of 654
Latest close as of 05/07/2009: $11.54
1 Month average volatility: $0.81. Volatility based stop (assuming an upward breakout): $9.76 or 15.4% below the close.
Change year to date: -49.50%
Volume: 36,900 shares
3 month average volume: 16,317 shares
Based on the average volume, this security may be thinly traded (less than 100,000 shares)!
Chart pattern: Triangle, symmetrical continuation pattern from 04/03/2009 to 05/07/2009
Performance rank: 16 out of 23.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price meets the measure rule target 66% of the time.



Loews Corp (L)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 40 out of 50
Stock RS rank: 510 out of 654
Latest close as of 05/07/2009: $26.77
1 Month average volatility: $1.25. Volatility based stop (assuming a downward breakout): $30.94 or 15.6% above the close.
Change year to date: -5.24%
Volume: 5,205,600 shares
3 month average volume: 4,814,805 shares
Chart pattern: Roof, inverted reversal pattern from 04/13/2009 to 04/30/2009
Performance rank: 13 out of 21.
Breakout is downward 50% of the time.
Average decline: 17%.
Break-even failure rate: 10%.
Pullbacks occur 56% of the time.
Price meets the measure rule target 73% of the time.



Nordstrom Inc (JWN)
Industry: Retail Store
Industry RS rank: 10 out of 50
Stock RS rank: 49 out of 654
Latest close as of 05/07/2009: $23.30
1 Month average volatility: $1.57. Volatility based stop (assuming an upward breakout): $19.12 or 17.9% below the close.
Change year to date: 75.06%
Volume: 9,936,000 shares
3 month average volume: 6,449,522 shares
Chart pattern: Triangle, ascending reversal pattern from 04/09/2009 to 04/30/2009
Performance rank: 17 out of 23.
Breakout is upward 70% of the time.
Average rise: 35%.
Break-even failure rate: 13%.
Throwbacks occur 57% of the time.
Price meets the measure rule target 75% of the time.



Owens and Minor Inc (OMI)
Industry: Medical Supplies
Industry RS rank: 41 out of 50
Stock RS rank: 491 out of 654
Latest close as of 05/07/2009: $35.00
1 Month average volatility: $1.01. Volatility based stop (assuming an upward breakout): $32.36 or 7.5% below the close.
Change year to date: -7.04%
Volume: 276,500 shares
3 month average volume: 612,003 shares
Chart pattern: Triangle, symmetrical continuation pattern from 04/07/2009 to 05/07/2009
Performance rank: 16 out of 23.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price meets the measure rule target 66% of the time.



Packaging Corp of America (PKG)
Industry: Packaging and Container
Industry RS rank: 25 out of 50
Stock RS rank: 372 out of 654
Latest close as of 05/07/2009: $15.19
1 Month average volatility: $0.80. Volatility based stop (assuming an upward breakout): $13.37 or 12.0% below the close.
Change year to date: 12.85%
Volume: 1,096,700 shares
3 month average volume: 1,390,435 shares
Chart pattern: Broadening top, right-angled and descending continuation pattern from 04/27/2009 to 05/07/2009
Performance rank: 23 out of 23.
Breakout is upward 51% of the time.
Average rise: 28%.
Break-even failure rate: 19%.
Throwbacks occur 52% of the time.
Price meets the measure rule target 63% of the time.



Potash Corp of Saskatchewan Inc. (POT)
Industry: Chemical (Diversified)
Industry RS rank: 18 out of 50
Stock RS rank: 233 out of 654
Latest close as of 05/07/2009: $93.17
1 Month average volatility: $3.37. Volatility based stop (assuming an upward breakout): $85.44 or 8.3% below the close.
Change year to date: 27.25%
Volume: 6,867,800 shares
3 month average volume: 11,183,448 shares
Chart pattern: Rectangle top continuation pattern from 03/19/2009 to 04/30/2009
Performance rank: 12 out of 23.
Breakout is upward 68% of the time.
Average rise: 39%.
Break-even failure rate: 9%.
Throwbacks occur 64% of the time.
Price meets the measure rule target 80% of the time.



PPG Industries Inc (PPG)
Industry: Chemical (Diversified)
Industry RS rank: 18 out of 50
Stock RS rank: 438 out of 654
Latest close as of 05/07/2009: $43.73
1 Month average volatility: $1.78. Volatility based stop (assuming a downward breakout): $50.47 or 15.4% above the close.
Change year to date: 3.06%
Volume: 2,538,500 shares
3 month average volume: 2,517,080 shares
Chart pattern: Diamond top reversal pattern from 04/09/2009 to 05/01/2009
Performance rank: 7 out of 21.
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price meets the measure rule target 76% of the time.


Progressive Corp (PGR)
Industry: Insurance (Prop/Casualty)
Industry RS rank: 40 out of 50
Stock RS rank: 152 out of 654
Latest close as of 05/07/2009: $15.62
1 Month average volatility: $0.73. Volatility based stop (assuming an upward breakout): $14.09 or 9.8% below the close.
Change year to date: 5.47%
Volume: 7,435,100 shares
3 month average volume: 8,005,154 shares
Chart pattern: Triangle, symmetrical continuation pattern from 04/21/2009 to 04/30/2009
Performance rank: 16 out of 23.
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price meets the measure rule target 66% of the time.



Sepracor, Inc. (SEPR)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 19 out of 50
Stock RS rank: 303 out of 654
Latest close as of 05/07/2009: $13.74
1 Month average volatility: $0.66. Volatility based stop (assuming an upward breakout): $12.39 or 9.8% below the close.
Change year to date: 25.14%
Volume: 2,587,500 shares
3 month average volume: 2,208,257 shares
Chart pattern: Broadening bottom reversal pattern from 03/11/2009 to 05/01/2009
Performance rank: 17 out of 23.
Breakout is upward 53% of the time.
Average rise: 27%.
Break-even failure rate: 10%.
Throwbacks occur 41% of the time.
Price meets the measure rule target 59% of the time.



Southwest Airlines Company (LUV)
Industry: Air Transport
Industry RS rank: 42 out of 50
Stock RS rank: 620 out of 654
Latest close as of 05/07/2009: $7.22
1 Month average volatility: $0.43. Volatility based stop (assuming a downward breakout): $8.47 or 17.3% above the close.
Change year to date: -16.24%
Volume: 7,765,900 shares
3 month average volume: 11,732,138 shares
Chart pattern: Diamond top reversal pattern from 04/03/2009 to 05/04/2009
Performance rank: 7 out of 21.
Breakout is downward 69% of the time.
Average decline: 21%.
Break-even failure rate: 6%.
Pullbacks occur 57% of the time.
Price meets the measure rule target 76% of the time.


St. Jude Medical Inc (STJ)
Industry: Medical Supplies
Industry RS rank: 41 out of 50
Stock RS rank: 374 out of 654
Latest close as of 05/07/2009: $35.10
1 Month average volatility: $1.10. Volatility based stop (assuming a downward breakout): $37.55 or 7.0% above the close.
Change year to date: 6.49%
Volume: 4,545,500 shares
3 month average volume: 4,024,702 shares
Chart pattern: Triangle, descending reversal pattern from 03/11/2009 to 04/30/2009
Performance rank: 10 out of 21.
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price meets the measure rule target 54% of the time.



Sunoco Inc. (SUN)
Industry: Petroleum (Integrated)
Industry RS rank: 24 out of 50
Stock RS rank: 348 out of 654
Latest close as of 05/07/2009: $30.01
1 Month average volatility: $1.22. Volatility based stop (assuming a downward breakout): $35.19 or 17.3% above the close.
Change year to date: -30.95%
Volume: 4,830,400 shares
3 month average volume: 3,729,666 shares
Chart pattern: Rectangle bottom continuation pattern from 03/06/2009 to 04/30/2009
Performance rank: 12 out of 21.
Breakout is downward 55% of the time.
Aver