Breakoutwatch Weekly Summary 03/18/17

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Contents
New Features this Week Strategy Suggestions Breakouts Summary Breakouts Detail	Top Cup and Handle Chart Pattern Stocks Breakouts Index Major Indexes Performance	Best Performing Index Best Performing Industry Most Improved Industry

Weekly Commentary
A sever snowstorm in the northeast kept volumes low on the first two days of the week but volume returned on Wednesday and the index set another new all-time high on Friday as volume almost doubled the 50 day average. Volatility Squeeze breakouts dominated the number of breakouts for the week with Clovis Oncology topping the leader board. The RS Rank of CLVS was 99 on the day before breakout which is consistent with my general advise that a high RS Rank is the most consistent guide to a strong breakout.

New Features this Week
No new features this week

Strategy Suggestions
Our latest strategy suggestions are here. Understanding the Volatility Squeeze Next to the cup-and-handle pattern, we have found that the Volatility Squeeze (SQZ) provides the most successful breakouts. A SQZ occurs when a stocks volatility falls below its recent levels. The assumption is that sooner or later volatility will rise again and as it does, the price will rise (or fall) and so we look for a breakout as the volatility rises. We identify a SQZ as occurring when the Bollinger Band moves inside the Keltner Channel. For a breakout to occur we require that the upper Bollinger Band move above the upper Keltner Channel and that momentum be positive and accelerating. The chart for CLVS illustrates this concept. This chart was produced with our Technical Analysis chart settings of For a full explanation of the Volatility Squeeze, read our methodology page.

Breakouts Summary by Watchlist for Week Beginning 03/13/17
List	Breakouts	Avg. Gain
CWH	8	1.05
SQZ	18	5.3
HTF	1	-9.49
HSB		0
DB	1	-9.03

Breakouts Detail for Week Beginning 03/13/17
Brkout Date	Symbol	Base	Squeeze	BrkoutOut Price	Brkout Day Close	RS Rank^*	Last Close	Current % off BOP	Gain at Intraday High
2017-03-14	CLVS	SQZ	y	60.55	67	99	71.32	17.79%	23.77%
2017-03-15	ARCO	SQZ	y	6.36	8	93	7.35	15.57%	24.21%
2017-03-14	KMG	SQZ	y	38.48	44	87	43.22	12.32%	16.35%
2017-03-13	VEEV	CWH	y	45.85	47	82	49.79	8.59%	8.68%
2017-03-14	WIFI	SQZ	y	11.83	12	84	12.78	8.03%	8.71%
2017-03-16	RNET	SQZ	y	19.56	20	85	20.95	7.11%	8.64%
2017-03-15	CLVS	SQZ	y	66.94	72	99	71.32	6.54%	11.95%
2017-03-13	LOGI	SQZ	y	29.58	31	95	31.47	6.39%	6.86%
2017-03-15	EDU	CWH	n	52.54	54	83	55.1	4.87%	5.98%
2017-03-16	YPF	SQZ	y	22.29	24	86	23.3	4.53%	6.86%
2017-03-15	WIFI	SQZ	y	12.23	13	86	12.78	4.5%	5.15%
2017-03-17	CASH	SQZ	y	88.26	91	90	91.35	3.5%	4.01%
2017-03-17	KS	SQZ	y	23.15	24	88	23.74	2.55%	3.84%
2017-03-15	DLNG	SQZ	y	16.96	17	88	17.32	2.12%	2.77%
2017-03-17	HBNC	SQZ	y	26.14	27	87	26.57	1.64%	1.95%
2017-03-17	ICUI	SQZ	y	156.01	158	83	158.3	1.47%	1.95%
2017-03-16	GNMK	CWH	n	12.66	13	93	12.79	1.03%	3%
2017-03-17	MEI	CWH	n	45.95	46	87	46.3	0.76%	0.87%
2017-03-16	MB	CWH	n	27.41	28	96	27.6	0.69%	2.7%
2017-03-17	CSFL	SQZ	y	26.32	26	92	26.48	0.61%	1.14%
2017-03-17	FFBC	SQZ	y	28.66	29	85	28.75	0.31%	0.94%
2017-03-17	PICO	SQZ	y	14.31	14	80	14.35	0.28%	3.42%
2017-03-17	KFY	SQZ	y	32.39	32	82	32.43	0.12%	0.4%
2017-03-17	NRG	CWH	y	18.06	18	91	18.06	0%	2.77%
2017-03-13	TEDU	CWH	n	18.50	19	91	18.23	-1.46%	1.62%
2017-03-15	CYTK	CWH	n	13.20	14	93	12.4	-6.06%	3.79%
2017-03-15	VRTV	DB	n	57.60	62	83	52.4	-9.03%	8.68%
2017-03-13	CALA	HTF	n	13.70	15	99	12.4	-9.49%	8.76%
^*RS Rank on day before breakout.

Top Rated Cup and Handle Stocks as of Friday March 17, 2017
Symbol	BO Price	BO Vol.	Company	Industry	RS Rank	Last Close
BZUN	16.20	686,271	Baozun Inc.	Catalog & Mail Order Houses	95	15.21
These stocks meet our suggested screening factors for our Cup and Handle Chart Pattern watchlist. See Revised Rules for Trading Cup and Handle Breakouts

Major Index Summary
Index	Value	Change Week	Change YTD	Trend¹
Dow	20914.6	0.06%	5.83%	Up
NASDAQ	5901	0.67%	9.62%	Up
S&P 500	2378.25	0.24%	6.23%	Up
¹The Market Trend is derived from our proprietary market model. The market model is described on the sitehere. ²The site also shows industry rankings based on fundamentals, combined technical and fundamentals, and on price alone. The site also shows daily industry movements.

Best Performing Index
1 Week	13 Weeks	26 Weeks	Year-to-Date
NASDAQ Composite	NASDAQ Composite 5.4 %	Dow Jones 15.4 %	NASDAQ Composite 9.62 %

Best Performing Industry (by average technical score over each period)
1 Week	3 Weeks	13 Weeks	26 Weeks
General Entertainment	Regional - Southwest Banks	Basic Materials Wholesale	Regional - Southwest Banks

Most Improved Industry (by change in technical rank²)
Processing Systems & Products 68	Beverages - Wineries & Distillers 91	Home Health Care 150	Long Distance Carriers 202
Charts of each industry rank and performance over 12 months are available on the site

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