Breakoutwatch Weekly Summary 10/18/2024

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Contents

Market Summary

U.S. Treasuries eke out marginal gains; heavy issuance in bank loan market

The S&P 500 Index advanced, paced by the utilities and real estate sectors. Energy stocks pulled back in sympathy with oil prices, which retreated as fears of possible Israeli attacks on Iran’s oil and gas infrastructure subsided. Returns were stronger down the market cap spectrum, with the small-cap Russell 2000 Index and the S&P MidCap 400 Index outperforming. [more...]

Major Index Performance

Dow Jones
Last Close 43239.1
Wk. Gain INF %
Yr. Gain 15.1 %
Trend Up
Dow Jones
S&P 500
Last Close 5841.47
Wk. Gain INF %
Yr. Gain 23.11 %
Trend Up
S&P 500
NASDAQ Comp.
Last Close 5841.47
Wk. Gain -68.3 %
Yr. Gain -63.08 %
Trend Up
NASDAQ Comp.
Russell 2000
Last Close 5841.47
Wk. Gain -63.08 %
Yr. Gain 190.19 %
Trend Up
Russell 2000

Performance by Sector

Sector Wk. Change % Yr. Change % Trend
Consumer Discretionary 1647.58 1827.11 Down
Consumer Staples 2967.19 2941.32 Down
Energy 4688.88 7412.18 Up
Finance 5910.36 7892.16 Up
Health Care 2522.67 2933.43 Down
Industrials 3674.53 3945.06 Up
Technology 2565.88 2565.88 Up
Materials 4599.12 4599.12 Up
REIT 6171.04 6171.04 Down
Telecom 6598.93 6598.93 Up
Utilities 4040.54 4040.54 Down

Breakouts This Week Still Within 5% of Breakout Price (Limit 20 top C Score)

Watchlist Symbol Company Industry C Score* % Gain
*C score is our assessment of a Stock's correlation to CAN SLIM principles. It combines a stock's Technical and Fundamental merits and is expressed as a percentage.

Breakdowns within 5% of Breakdown Price

Watchlist Symbol Company Industry C Score* % Loss
There were no Breakdowns still within 5% of breakdown price this week
*C score is our assessment of a Stock's correlation to CAN SLIM principles. It combines a stock's Technical and Fundamental merits and is expressed as a percentage.

Cup and Handle Stocks Likely to Breakout next Week

Symbol BoP Company Industry Relative Strength Rank Within x% of BoP C Score*
LUMN 0 ResMed Inc. Capital Markets 84.00 39.4
NYCB 39.1
VKTX 36.1
TPC 41.3
VERA 47.30 Vera Therapeutics, Inc. Biotechnology 95.00 84.33 37.7
APGE 60.82 Apogee Therapeutics, Inc. Biotechnology 92.00 92.45 37.2
BBAR 39.9
MHO 37.2
MHK 37
MAX 36.2
KKR 39.1
ZYME 38.8
HMST 16.10 HomeStreet, Inc. Household & Personal Products 88.00 94.66 37.2
EVR 38.6
TBBK 37.5
TARS 39.2
PRIM 37.8
SLNO 36.9
SKYH 13.25 Sky Harbour Group Corporation Class A Apparel Retail 82.00 83.02 34.5
BLBD 35.2
QNST 36.4
WING 433.86 Wingstop Inc. Residential Construction 81.00 86.1 35.2
BSRR 37.2
CHWY 36.3
RYTM 36.9
FISI 37.5
OSPN 16.68 OneSpan Inc. Utilities - Regulated Gas 87.00 92.33 35.6
EXP 39.2
ESQ 39.2
DASH 38.2
RBB 37.8
PEGA 38.4
ATGE 36.3
AFRM 38.3
PRK 36.7
TMHC 33.1
NVEI 36.1
CALM 40.9
CBAN 36.5
MTH 34
ABCB 37.1
FITB 37
ITRI 35.7
COOP 35.5
WEAV 39.6
MC 34.1
CVCO 34
EQBK 36.5
RH 37.1
DFH 30.1
FTNT 83.77 Fortinet, Inc. Utilities - Regulated Gas 84.00 96.53 38.1
CNO 36.1
FFIN 35.7
RYAN 37
MCB 38.7
VFC 21.40 V.F. Corporation Leisure 80.00 92.48 35.2
BWB 36.2
SSB 36
VBTX 36.8
ARGX 35.8
MTB 37.6
*C score is our assessment of a Stock's correlation to CAN SLIM principles. It combines a stock's Technical and Fundamental merits and is expressed as a percentage.

Cup and Handle Chart of the Week

There were no cup and handle stocks meeting our breakout model criteria this week.