weeklycharts.org

Weekly List of Strong Stocks & ETFs
(based upon statistics ending 04-Aug-2023)
SymbolClose52 Week RangeIndustry
1.CVNA45.443.55-58.05Auto & Truck Dealerships
2.UPST60.7211.93-72.58Credit Services
3.W83.0928.11-90.71Internet Retail
4.XPEV18.326.18-25.91Auto Manufacturers
5.NIO14.727.00-22.74Auto Manufacturers
6.SMCI338.0950.28-347.97Computer Hardware
7.RIVN25.2611.68-40.86Auto Manufacturers
8.ROKU86.3538.26-98.44Entertainment
9.SOFI9.504.24-11.70Credit Services
10.PDD87.5238.80-106.38Internet Retail

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Charts

1 Carvana Co. CVNA close at 45.44 as of Aug 04, 2023. 52 Week Range: 3.55-58.05 Industry: Auto & Truck Dealerships 64 56 48 40 32 24 16 8 0 200 100 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 2 Upstart Holdings, Inc. UPST close at 60.72 as of Aug 04, 2023. 52 Week Range: 11.93-72.58 Industry: Credit Services 80 72 64 56 48 40 32 24 16 30 15 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 3 Wayfair Inc. W close at 83.09 as of Aug 04, 2023. 52 Week Range: 28.11-90.71 Industry: Internet Retail 96 88 80 72 64 56 48 40 32 30 15 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 4 XPeng Inc. XPEV close at 18.32 as of Aug 04, 2023. 52 Week Range: 6.18-25.91 Industry: Auto Manufacturers 24 22 20 18 16 14 12 10 8 160 80 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 5 NIO Inc. NIO close at 14.72 as of Aug 04, 2023. 52 Week Range: 7.00-22.74 Industry: Auto Manufacturers 18 15 12 9 6 160 80 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 6 Super Micro Computer, Inc. SMCI close at 338.09 as of Aug 04, 2023. 52 Week Range: 50.28-347.97 Industry: Computer Hardware 400 360 320 280 240 200 160 120 80 8 4 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 7 Rivian Automotive, Inc. RIVN close at 25.26 as of Aug 04, 2023. 52 Week Range: 11.68-40.86 Industry: Auto Manufacturers 28 26 24 22 20 18 16 14 12 300 150 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 8 Roku, Inc. ROKU close at 86.35 as of Aug 04, 2023. 52 Week Range: 38.26-98.44 Industry: Entertainment 102 96 90 84 78 72 66 60 54 60 30 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 9 SoFi Technologies, Inc. SOFI close at 9.50 as of Aug 04, 2023. 52 Week Range: 4.24-11.70 Industry: Credit Services 13 12 11 10 9 8 7 6 5 300 150 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23 10 PDD Holdings Inc. PDD close at 87.52 as of Aug 04, 2023. 52 Week Range: 38.80-106.38 Industry: Internet Retail 108 102 96 90 84 78 72 66 60 40 20 VOLUME (MILLIONS) Jan'23 Feb'23 Mar'23 Apr'23 May'23 Jun'23 Jul'23 Aug'23

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About this project

This project is based on an idea which I have after reading the book, How I Made $2,000,000 in the Stock Market by Nicolas Darvas.

Mr Darvas would first become interested in a particular stock on the basis of its rising movement as recorded in Barron's, a weekly financial publication, which was airmailed to him every week as soon as it was published. He only focused on five to eight stocks at a time that showed upward and advancing movement. He would separate himself from other confusing, jungle-like movement of the hundreds of stocks which surrounded them.

The objective of this project is to generate and show a list of only those rising, upward, and advancing stocks that need attention.

P.S. Between 1957 to 1959, while doing a two-year dancing tour of the world, Mr Darvas managed to conduct a successful trading operation, with just daily cablegrams between himself and Wall Street, and a weekly publication.

P.P.S. I have classified these rising, upward and advancing stocks as strong stocks for short, and sort them according to their strength.

Disclaimers

The weeklycharts.org is a weekly service brought to you in the hope that it will be useful and profitable to you, without any implied or expressed solicitation of any kind to invest in any of the shares listed in the list. This list was generated by software program for your information purpose only. It is NOT an investment advice. The software and its author are NOT registered investment advisor and are NOT licensed to give any investment advice. Please seek professional advice if you intend to use this information. The author or the software SHALL NOT be responsible for any loss or damage that are result from the use of this information. Please be further reminded that the author may have brought or have sold his position in any of the shares listed.

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