Tuesday's Prospects

On Monday, May 13:

Of 2,305 stocks and exchange-traded funds in this week's analytical universe, 36 that are traded on the major American stock exchanges broke beyond their 20-day price channels, 28 to the upside and eight to the downside.

In addition, seven that are traded over the counter broke out, three to the upside and four to the downside.

The symbols I'm analyzing are mid- and large-cap stocks that are covered by analysts, as well as selected exchange-traded funds.

Seven of the major-exchange symbols survived my initial screening, all having broken out to the upside. They are ALNY, ATML, MDAS, OZRK, PCYC, SNV and ZNGA.

Two of the over-the-counter symbols survived initial screening, both having broken out to the upside. They are AIRYY and RANJY.

I'll do further analysis on the survivors that confirm their signals by trading beyond their breakout levels on Tuesday, May 14.